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Business Outlook Archive


Vision of the Future: How NextHome Is Reinventing Real Estate Franchising

According to the 2014 NAR Profile of Real Estate Firms, 84 percent of real estate companies are independent, non-franchised firms; 81 percent of those have just one office with two or more agents—and few franchise brands are designed to accommodate their needs. Enter James Dwiggins, a native Californian born into ...


Harvard Study Says Remodeling Outpacing Real Estate Spending

In the aftermath of the Great Recession, your RIS Consumer Confidant recently learned that the U.S. home improvement industry is faring much better than the broader housing market, according to a new report from the Joint Center for Housing Studies of Harvard University. ...


Consumers Increasingly Optimistic about Economy, Housing

Amid continued strengthening in employment, consumer optimism toward the economy is growing and appears to be contributing to further improvement in overall housing sentiment, according to results from Fannie Mae's February 2015 National Housing Survey™. ...


Foot Traffic Points to a Strong Spring in 2015

For several years, NAR Research has tracked foot traffic as a means of predicting housing activity in subsequent months. This data provides valuable insights about future trends and points to a robust spring market. ...


Mortgage Credit Inches Higher in February

Mortgage credit availability increased slightly in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from the AllRegs® Market Clarity® product. ...


NAR and REALTORS® Federal Credit Union Offer Credit Card as New Benefit for REALTORS®

National Association of REALTORS® members now have access to an additional benefit through a new choice for credit—an official REALTOR® credit card. The credit program, available to current and new members of the REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, ...


Further Signs of Normalization in House Price Growth

The recent release by the Federal Housing Finance Agency (FHFA) shows that its measure of house prices, House Price Index—Purchase Only, rose by 5.4 percent on a 12-month seasonally adjusted basis in December 2014. This ...


Pending Home Sales Rise in January to Highest Level in 18 Months

Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of REALTORS®. All major regions except for the Midwest saw gains in activity in January. ...


Strong Job Growth Foreshadows Solid Full-Year Economic Growth

The economy is poised for a pickup in growth in 2015 amid a strengthening employment sector, rising income growth, and declining commodity prices, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research (ESR) Group. ...


Housing Confidence Up, More Americans Renovating

This past week, both Home Depot, Inc., and Lowe's reported high fourth quarter gains, with profits beating their own revenue projections as well as analysts' estimates, according to a recent Bloomberg Business article. ...


Developers Report Strong Sentiment on Multifamily Market

The National Association of Home Builders' recently released Multifamily Production Index (MPI) held steady with a reading of 54 for the fourth quarter of 2014. This capped the third straight year of quarterly readings consistently at 50 or above. ...


Flip Flop: 2014 Rings in Lowest Share of Flipped Homes Since 2011

RealtyTrac® recently released its Q4 and Year-End 2014 U.S. Home Flipping Report, which shows that 136,269 U.S. single family homes were flipped in 2014, 5.4 percent of all single family home sales during the year—the lowest share of flips since 2011. ...


Trulia Will Continue to Receive ListHub’s Listing Data for Now, Hearing Set for Next Month

The battle between Move and Zillow Group over Trulia’s listings continued this week, with a California judge granting Zillow Group’s request Monday for a temporary restraining order, requiring Move-owned ListHub to continue providing listing data to Trulia until at least March 12. ...


Construction Snapshot: January’s Drop in Starts a Match for Usual Seasonality

CMD recently announced that January’s $22.5 billion of construction starts, excluding residential activity, was 10.1 percent lower than in December. The decline all but disappears, however, when allowance is made for seasonality. CMD’s long-term average December-to-January moderation, due to obstructionist winter weather, has ...


Home Prices Grew at Twice the Rate of Inflation in 2014

S&P Dow Jones Indices recently released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released today for December 2014 shows a slight uptick in home prices across the country. Nine cities ...


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