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Business Outlook Archive


Realogy Reports Financial Results for Full Year 2012

Realogy Holdings Corp., a global leader in residential real estate franchising and provider of real estate brokerage, relocation title and settlement services, has reported financial results for the fourth quarter and full year ended December 31, 2012, including the following: ...


Dell Goes Deep for Real Estate

While implementing the right technology strategy is essential for any business professional, let’s face it…the options and process can be overwhelming. That’s exactly why Dell’s David Rodriguez is placing new emphasis on guiding real estate professionals toward creating the best possible tech solution for their specific needs—whether you’re an individual ...


Real Estate Q&A: Banks Cut Back on Lending for Co-Ops

(MCT)—QUESTION: I bought a co-op apartment unit in January 2010 with a conventional mortgage. I am trying to refinance it and have found that big banks are not willing to work with me. Can you please explain what’s happening here? ...


Real Estate Trends: From Trash to Treasure

From homes to cabins to dormitories—and everything in between—re-purposed shipping containers, or ISBUs (Intermodal Steel Building Units) are making their mark on the residential real estate sector, blurring the lines between two very distinct industries as one’s trash becomes the other’s ...


As Inventories Shrink, So Do Seller Concessions

With inventories down and prices up, sellers are ending the costly incentives they have been forced to offer buyers during the six-year long buyers’ market. Concession-free transactions make deal-making simple on both sides of the table. ...


Connecticut Home Sales Increase after Seven-Year Slump

Regional Spotlight—After seven straight years of declining home sales in Connecticut, sales volume increased in 2012 - another sign of a recovering housing market, according to a new report from The Warren Group, publisher of The Commercial Record. ...


Innovative Home Products Poised to Hit Market

(MCT)—In the market for a hot-water-dispensing refrigerator? That was just one of the innovative and unusual products on display last month at the International Builders’ Show in Las Vegas. ...


Home Prices in 2012: Best Year-on-Year Gain in Six Years

CoreLogic®, a leading residential property information, analytics and services provider, recently released its December CoreLogic HPI® report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents ...


Will Shadow Inventory Come to Light in 2013?

(MCT)—It's called “shadow inventory,” and it could halt or reverse a recovering housing market. That's why the phrase, which describes homes in some form of distress but not yet on the market, popped up during the Q&A segment of the Charleston Trident Association of Realtors sales forecast last week. ...


Fourth Quarter Results: 84 Percent of Refinancing Homeowners Maintain or Reduce Mortgage Debt

Freddie Mac released the results of its fourth quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. This release also contains annual statistics on refinances for the ten largest metropolitan areas and four Census regions of the U.S. ...


Nation’s Leading Brokers Vie for Top Ranking

As the real estate market quickens its pace toward recovery, brokerage firms from around the country are reporting increasingly positive numbers. Brokers will document their organization’s success by participating in RISMedia’s 25th Annual Power Broker Report & Survey, the industry’s preeminent ...


Commercial/Multifamily Mortgage Originations Up 49 Percent

Commercial and multifamily mortgage originations increased 49 percent between the third and the fourth quarters of 2012, and were also up 49 percent compared to the fourth quarter of 2011, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. ...


Federal Agencies Working to Make Homes Healthier

Several federal agencies recently unveiled Advancing Healthy Housing – A Strategy for Action. White House Council on Environmental Quality (CEQ) Chair Nancy Sutley, Environmental Protection Agency (EPA) Administrator Lisa P. Jackson, Secretary of Housing and Urban Development (HUD) Shaun Donovan, Surgeon General Regina Benjamin, M.D., and Deputy Secretary of Energy ...


Housing Recovery Progresses as Short Term Momentum Stalls

Clear Capital, a premium provider of data, collateral risk assessment, and real estate asset valuation and analytics, recently released its Home Data Index™ (HDI) Market Report with data through January 2013. Using a broad array of public and proprietary data sources, the HDI Market Report publishes the most granular home ...


Fannie Mae and Its Lenders Finance $33.8 Billion in Multifamily Loans in 2012

Fannie Mae, provided $33.8 billion in financing to the multifamily market in 2012, the third highest acquisition year in its history. The company remained the largest source of multifamily financing in 2012, working with lender partners to finance nearly 560,000 units of multifamily housing. Approximately 98 percent ($33.1 billion) of ...


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