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Business Outlook Archive


Idea Exchange Council Comes Together with Common Goal of Raising the Caliber of the Real Estate Industry

Two times per year, at NAR’s major meetings, the idea exchange council for brokers comes together to share broker challenges, ideas and solutions. ...


Will a Bad Court Decision in California Be Followed in Other States?

Say what you want about California: a state with a dysfunctional state government and/or political climate, a very litigious state, or a state having high tax rates and real estate prices. Yet despite these issues, California ...


Broad-based Slowdown for Home Prices: Case-Shiller

S&P Dow Jones Indices released Tuesday the September 2014 index data for the S&P/Case-Shiller Home Price Indices, a leading measure of U.S. home prices. Results show that home prices continue to decelerate. The 10-City Composite gained 4.8% year-over-year, down from ...


Commercial Real Estate Demand Is Holding Steady despite Overseas Concerns

Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


Improved Home Sales Predicted for 2015, despite Remaining Hurdles

Existing home sales and home prices are expected to rise next year, according to an economic forecast presented by Lawrence Yun, chief economist for the National Association of REALTORS®, and Mel Watt, director of the Federal Housing Finance Agency at a residential real ...


Continuing Education Equals Increased Income and Professional Skills

Now more than ever, successful brokers and their agents must keep current on issues, evolving technology, changing legalities, and many other central components of the business to keep pace in today’s dynamic real estate market.  This is why the NATIONAL ASSOCIATION OF REALTORS® (NAR) offers a series of designation and ...


Running Full-Speed Ahead for REALTORS®: Chris Polychron Takes the Helm as NAR 2014 President-Elect

When Chris Polychron speaks to his fellow members of the National Association of REALTORS® (NAR), he sometimes turns his back to the audience and holds up a mirror in front of him. This is Polychron’s way of letting the membership know that he ...


Existing-Home Sales Rise in October, First Year-Over-Year Increase since October 2013

Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of Realtors®. ...


New Visa Changes Expected to Help Chinese Buy U.S. Real Estate

International investment in U.S. real estate could soar to new heights in 2015, thanks to the reciprocal U.S./China visa agreement that will issue five-year, multiple-entry visas to students and 10-year, multiple-entry visas to business travelers and tourists. The policy changes went into effect ...


Large Majority of Homebuyers Believe They Are Better Buyers Because of Technology

Consumers use technology to do just about everything, including looking for and buying a home. A recent independent poll commissioned by Discover Home Loans shows 89 percent of homebuyers use some form of online technology to help them with the homebuying process. In ...


New REALTOR Benefits® Partner Provides Exclusive Member Pricing and Features on Customizable Websites

Technology has transformed the way real estate professionals do business, and establishing an online presence is essential to connecting with and marketing to potential clients. To help members build and maintain their online identity, the National Association of Realtors® welcomes Placester, one of the largest providers of real estate websites ...


U.S Home Flipping at Lowest Level Since 2009

RealtyTrac® has released its Q3 2014 U.S. Home Flipping Report, which shows that 26,947 single family homes were flipped nationwide in the third quarter of 2014—where a home is purchased and subsequently sold again within 12 months—representing 4.0 percent of all U.S. single ...


Builders Continue Optimism

The November NAHB/Wells Fargo Housing Market Index rose four points to a level of 58 as builders continue to see promise in home selling. This marks the fifth consecutive month for the index to remain above the tipping point of 50 after a ...


Brokers Concerned about Generation Y but Expect a Better 2015

While the typical firm profile is similar to previous years, the future expectations of firms change as the real estate market evolves over time, as seen in the results from NAR’s 2014 Profile of Real Estate Firms. ...


REALTOR® Changes Will Heighten Professionalism

NAR Board of Directors voted on several key policy changes in November that will greatly impact the role of the REALTOR® when it comes to professionalism. ...


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