Welcome!




Expand Your Education with These Courses from
Expand your education through NAR's REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
Bundle 1: CIPS Core Courses (Non-US Version).
Bundle 2: CIPS Elective Courses (US Version).
Bundle 3: CIPS Institute (Non-US Version).
Bundle 3: CIPS Institute (US Version).

Business Outlook Archive


Fixed Mortgage Rates Hover under Four Percent

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down for the third week in a row as uncertainty about the economy pushed Treasury yields lower earlier last week. ...


Study Shows Real Estate Firms Remain Confident about Future Profitability

Real estate firms are confident in the industry’s future growth and their increasing profitability, according to the 2015 National Association of Realtors® Profile of Real Estate Firms. ...


June Gains for Residential Construction Spending

NAHB analysis of Census Construction Spending data shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of $378 billion. On a month-over-month basis, private multifamily spending increased to $52 billion, up by 2.82 percent over the ...


Different Buyer Preferences? New vs. Existing Homes

If you have ever wondered what drives a homebuyer to select a particular home, look no further. The American Housing Survey provides insight into the homebuying process. The top two reasons for choosing a home were its size (cited by 76 percent of ...


Fixed Mortgage Rates Trickle Down

A recently released Freddie Mac survey showed average fixed mortgage rates moving lower, with the average 30-year fixed mortgage ducking just under four percent. ...


The Death of the Downsize: Homeowners Buying Bigger in Retirement

Many retirees are choosing not to move to a smaller home, according to a recent Merrill Lynch retirement study, conducted in partnership with Age Wave. While some retirees are interested in renovated, and others ...


Department of Defense Issues Final Military Lending Act Rule

After nearly three years of study, the Department of Defense issued the final Military Lending Act (MLA) rule. ...


Mortgage Rates Move Lower

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates reversing course once again and moving lower amid mixed economic and housing data. ...


California Pending Home Sales Continue Annual Increase for Seventh Straight Month

California pending home sales continued to gain steam in June, registering seven months of continued annual increases and the fifth consecutive month of double-digit increases, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). ...


Existing-Home Sales Rise in June as Home Prices Surpass July 2006 Peak

Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of REALTORS®. All major regions ...


Over 50 Percent of All Digital Time Now Spent on Mobile

In 2011, just 35 percent of American adults owned a smartphone. Today, nearly 64 percent of American adults own one. Smartphones are so prevalent, they even have their own physical condition attributed to them: text neck. But in all ...


A Look at the Rising Cost of Land in the U.S. in the Past 40 Years

Have you ever wondered how much it would cost to buy an average piece of land in your state 40 years ago? Have a look at this new animated map from howmuch.net to find out. ...


Are You Prepared for Oct. 3?

As you know, on October 3, 2015, the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure Rule (the “TRID Rule”) goes into effect and will introduce a new era of real estate closings for most residential mortgages. ...


Bidding Wars Still Dominate Low-Inventory Markets

While the pace of home-buying activities picks up around the nation, certain areas are seeing more excitement than others. ...


National Report: June Home Sales and Prices Best Yet in 2015

The number of June home sales was the highest of any month since the RE/MAX National Housing Report began in 2008. This year’s home sales have now experienced a five-month trend in which sales have been higher than both the previous month and the same month in the previous year. ...


Our Latest News >>