Business Outlook Archive
Greg Rand (@gsrand
, CEO of OwnAmerica
, and host of “Rand on Real Estate” on 770 WABC, discusses with a caller the reality that banks are not tightening their lending standards; they are just following the standard practices that they were using years ago.
This week’s headlines from the National Association of REALTORS® include: customizable NAR brochures, have your laptop do PR work for you, and flood insurance stopgap extension passes. For more information visit www.REALTOR.org
This intriguing question will be answered next month by a panel of industry experts at RISMedia’s 16th Annual Power Broker Forum, being held from 2:30-4 p.m. on Nov. 11, 2011, at the Anaheim Convention Center, Room 201A, Anaheim, CA, during the annual NAR Conference.
This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: Access to 6 business building webinars for only $14.99, a message from Liberty Mutual, and promotional materials now available for REALTOR® Designation Awareness month.
Former LPS Senior Executives Jay Gaskill, Prem Luthra, Mike Kovar and John Hensley announced the completion of a management buyout of select business lines and operations from LPS’ Real Estate Group to launch Real Estate Digital (RED). The aforementioned executives will continue in their roles leading the newly formed company. Moving forward, the team believes RED will bring the industry the best of both worlds: unmatched expertise and resources combined with an entrepreneurial ability to adapt and innovate.
As the economy struggled in the late 2000s, the real estate industry took a severe hit to its profitability. As a result, real estate companies and brokerages were affected immensely, with 70% of offices in North America rumored to be unprofitable. This was primarily caused by the depreciation of housing values and the stark increase in foreclosures and short sales.
Real estate companies are having difficulty adapting to the on-going structural shift in the real estate market – previous tools, approaches and methods are becoming ineffective and obsolete. Profitability is not an organic process, and companies have to budget and set reasonable goals for themselves and their agents.
HomeServices of America, a Berkshire Hathaway affiliate, through its title and closing companies and strategic partners have come together to form a National Title & Closing Network, providing “brick and mortar” title and closing services in all 50 states,
There is the possibility that without Congressional action, two programs of vital importance to the real estate business will sunset on September 30, 2011. The end of the current extension of the National Flood Insurance Program (NFIP) and the lowering of FHA and
Clear Capital has released its monthly Home Data Index™ (HDI) Market Report, with news of U.S. home price gains of 4.0 percent comparing the most recent rolling quarter to the previous one.
Though quarter-over-quarter gains continue across the nation's four regions, the rate of growth has begun to slow as the summer buying season comes to an end and economic confidence shows signs of weakening.
This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS? include: Facebook case study; send up to five documents a month free with REALTOR Benefits® Program Partner, DocuSign®,;and register for a free safety webinar on social media and cyber safety. For more information visit www.REALTOR.org
According to NAR’s 2010 “Profile of Home Buyers and Sellers,” almost 50% of buyers used open houses as a key part of their home search.
Greg Rand (@gsrand
) (http://twitter.com/gsrand), CEO of OwnAmerica
(http://ownamerica.com) hosts Rand on Real Estate on 770 WABC; this week he discusses the White House's announcement and breaks it down. “It sounds good,” Rand says, “but it's more important to watch what they DO in Washington more than what they say. Stay tuned. This could be the first government housing program that actually works, if they listen to the private sector.”
In the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) Quarterly Product Transition Report released yesterday. Refinancing borrowers clearly preferred fixed-rate loans,
RISMEDIA, August 4, 2011—Market Leader
(NASDAQ: LEDR), a leader in online marketing and technology solutions for real estate professionals, today announced the acquisition of Denver-based SharperAgent, a leading provider of online and print
RISMEDIA, August 4, 2011—Market Leader (NASDAQ: LEDR) (http://www.MarketLeader.com), a leader in online marketing and technology solutions for real estate professionals, today announced the acquisition of Denver-based SharperAgent, a leading provider of online and print marketing suites with more than 30,000 real estate agent users across North America.