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Business Outlook Archive


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®. ...


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 ...


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 ...


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

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


Small Banks See Stronger Demand for MF Loans, but Tighten Standards

The Federal Reserve Board recently released its survey of senior bank loan officers. The October 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the third quarter of ...


The Bigger Drag on Homeownership: Down Payments or Debt?

The affordability of housing has been on the tip of everyone's tongue as of late. With many things shifting in the industry, some experts talk about the lowering of required down payments. RealtyTrac recently analyzed affordability in512 U.S. counties with a combined population ...


Go Local, Go Mobile

Mobile technology continues to transform the way we do business. Nearly daily enhancements to mobile phones and tablets mean that more and more people are moving to mobile devices to conduct more and more online activities. That makes it a business imperative to meet the changing consumer. ...


U.S. House Prices Contribute to Global House Price Recovery

A previous blog post illustrated that U.S. house prices are recording a range of annual gains with some areas of the country rising faster than others. Similarly, in the context of the global economy, annual house price growth in the ...


Single-Family Production Poised to Take Off in 2015

A growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multifamily market at cruising ...


Student Debt: Will It Drag Down the Housing Recovery?

Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through October 2014, which looked at the way colleges and universities are having an effect on housing across the country. Metros with noteworthy university influence are at the top ...


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