Welcome!




Expand Your Education with These Courses from
Time Management: Skills for Sales Success: Part Two.
The Psychology of Consultative Selling: Skills for Sales Success: Part Four.
Bundle 1: CIPS Core Course (US Version).
Bundle 2: CIPS Elective Courses (Non-US Version).
Bundle 3: CIPS Institute (US Version).

Business Outlook Archive


Stronger Economy, Solid Job Growth Expected to Boost Home Sales in 2015

Existing-home sales are forecasted to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to National Association of Realtors® Chief Economist Lawrence Yun in a newly-released video on his 2015 housing ...


2014: Consumer Attitude toward Housing Remained Cautious

Americans are becoming more optimistic about the economy, but consumer confidence toward the housing market is lagging, according to results from Fannie Mae’s December 2014 National Housing Survey™. Likely bolstered by a strengthening employment sector, the share of consumers who believe the economy is headed in the right direction improved ...


30-Year Fixed Mortgage Rates Plunge to 19-Month Low

The 30-year fixed mortgage rate on Zillow(R) Mortgages is currently 3.58 percent, down fourteen basis points from Jan. 8 to Jan. 1. The 30-year fixed mortgage rate rose early last week, peaking at 4.03 percent on Friday before falling to the current rate. ...


Index: Prices Up ‘Across the Board’ in 2014, Midwest Expected to Outpace the Nation

With 2014 behind us, 2015 promises changes within the market as the housing recovery moves forward, according to recently released information from Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment. The company recently released ...


Housing Share of GDP at 15.2 Percent for Third Quarter

Economic growth in the third quarter was certainly good news for housing and the overall economy. The final estimate of GDP growth from the Bureau of Economic Analysis (BEA) was a 5 percent seasonally adjusted annual growth rate, up from 3.5 ...


Pending Home Sales above Year-Over-Year Levels for Third Straight Month

Pending home sales slightly rose again in November, rising over year-over-year levels for the third straight month, according to the National Association of REALTORS®' The Pending Home Sales Index. All major regions except for the Midwest experienced a slight gain in activity in November. ...


New Regulations Affect Homeowners in 2015

Increasing energy efficiency has long been the mission of the U.S. Department of Energy (DOE), and in 2015, two new regulations involving air conditioning equipment and water heaters will take effect to support this goal. REALTORS® need to be familiar with the new ...


America’s Housing Stock Increases $1.7 Trillion

The housing market received both good and bad news as of late; the good news is that America’s housing stock is now worth $27.5 trillion, an increase of $1.7 trillion over last year.  The bad news is that U.S. home values rose 6 ...


Renting Less Affordable than Buying—Except for where Millennials Are Moving

Last week, housing-data giant RealtyTrac® released an analysis of fair market rents and median home prices in more than 500 U.S. counties, which shows that buying is still more affordable than renting in the majority of U.S. housing markets. ...


Housing Market Continues to Heal Due to Better Fundamentals

The U.S. housing market continues to stabilize, with 70 of the markets tracked now showing positive momentum, according to Freddie Mac's recently released, newly updated Multi-Indicator Market Index® (MiMi®). ...


Existing Sales Trend Up for First-Time Buyers

Although existing home sales decreased in November, the share of sales for first-time buyers increased to the highest level since October 2012. Existing home sales decreased 6.1 percent in November, but were 2.1 percent above the same period a year ago. The ...


Ask the Expert: Will Homebuyers Be Ready to Act in 2015?

Today's “Ask the Expert” Column features Kathy Cummings, Homebuying Coach with Bank of America Home Loans. ...


Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens

After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of REALTORS®. All major regions experienced a decline in sales compared to a month earlier. ...


RISMedia Exclusive: Outgoing Move CEO Talks about Transition, Future of Move, What’s Next for Him

Following the announcement of News Corp’s acquisition of Move, Inc, operator of realtor.com®, this past October, more news was announced last week by News Corp with Ryan O’Hara, a News Corp veteran, taking over as CEO in January. ...


Fannie Mae and Freddie Mac Swim Against the Tide with 3 Percent-Down Loans

Recently, Fannie Mae and Freddie Mac announced plans to begin backing home loans with down payments as low as three percent. This move came just days after the mortgage giants implemented less rigid lending standards in order to give Main Street citizens with ...


Our Latest News >>