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Business Outlook Archive


RE/MAX Announces New CFO, COO Following Metzger’s Resignation

RE/MAX Holdings, Inc. announced Thursday that Dave Metzger has decided to leave his position as chief financial officer (CFO) and chief operating officer (COO) effective March 31, 2016 to relocate and spend more time with his family. As a result of Metzger's decision, the RE/MAX Board of Directors appointed Karri ...


Asian Americans: The Next Big Boom in Housing

Since 2000, the Asian American community has been the fastest-growing minority demographic in the U.S., with a rapidly growing purchasing power. Twenty-eight percent of Asian American households include two or more adult generations, double the rate of non-Hispanic whites, and ...


Nearly Half of Americans Will Have Smart Home Technology by the End of 2016

The year 2020 has long been a benchmark for when the “smart home” will finally be mainstream, but according to the results of a survey released today by Coldwell Banker Real Estate LLC, that time may ...


Consumers Have Confidence in 2016

The Conference Board Consumer Confidence Index®, which had decreased moderately in November, improved in December. The Index now stands at 96.5 (1985=100), up from 92.6 in November. The Present Situation Index increased from 110.9 last month to 115.3 in December, while the ...


November Brings Modest Decrease in Pending Home Sales

Pending home sales in November slightly declined for the third time in four months as buyers continue to battle both rising home prices and limited homes available for sale, according to the National Association of REALTORS®. Modest gains in the Midwest and South were ...


More States Find Housing Stability

The U.S. housing market continues to improve with two additional states--New York and Kansas--entering their outer range of stable housing activity, according to Freddie Mac's recently released Multi-Indicator Market Index® (MiMi®). The index also added three more metro areas: New York, N.Y.; Minneapolis, Minn. and ...


First Look: December Housing Market Is Cooler, Slower

A recent analysis of December data on realtor.com® indicates that the residential real estate market is following the normal holiday cool down, with less demand, reduced inventory and slower market velocity in most markets. ...


October Home Prices Show Continued Growth

The recent Case-Shiller Home Price Index for October reported that home prices continue to grow, rising 5.5 percent year-over-year, and 0.8 percent month-over-month in the 20-city index. ...


Entering the Holidays, Mortgage Rates Little Changed

Heading into the recent holiday weekend, mortgage rates were little changed, according to Freddie Mac's recently released Primary Mortgage Market Survey®. The 30-year fixed-rate mortgage (FRM) averaged 3.96 percent with an average 0.6 point for the week ending December 24, 2015, down from last week when it averaged 3.97 percent. ...


Single-Family Home Sales Rise 4.3 Percent

Sales of new single-family houses in November 2015 were at a seasonally adjusted annual rate of 490,000, according to estimates released jointly recently by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 4.3 percent (±11.9 percent) above the revised October rate of ...


Things to Watch in 2016: Steady Economy Is Hot

(TNS)—After a year free from government shutdowns and other self-inflicted wounds, the U.S. economy in 2016 is expected to power forward at a steady, albeit unspectacular pace. ...


Movin’ On Up: Refinance, Purchase Applications Increase

Mortgage applications increased 7.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending December 18, 2015. ...


The Top 20 Must-Have Home Features of 2015

Drawing on its wealth of listing data, realtor.com® recently rounded up the top 20 home features highlighted in listing descriptions this year—attributes that have become veritable selling points in the last five years. While suggestive ...


November Existing-Home Sales Stall to Slowest Pace since April 2014

Existing-home sales dropped off considerably in November to the slowest pace in 19 months, but some of the decrease was likely because of an apparent rise in closing timeframes that may have pushed some transactions into December, according to the ...


Drones Continue Making Aerial Shots Attainable and Sustainable

In the past, when a real estate firm wanted aerial shots of a home, it required hiring a helicopter service. This obviously meant shots from above were reserved for only the swankiest of swanksters. But since the FAA granted the use ...


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