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Business Outlook Archive


Fiscal Cliff Avoided: What it Means for Housing and Home Builders

The fiscal cliff, an economically damaging set of tax hikes and spending reductions scheduled to begin in 2013, has been avoided (for now) and that is good news for housing in the short-run. ...


Monday Morning Mobile: 2012 Mobile Wrap Up

The holidays have come and gone and the New Year is upon us. Looking back on 2012, there is no question that “mobile” was a hot topic. While a lot went on in the mobile landscape throughout the year, all of which is certainly worth reviewing, there were a couple ...


Make 2013 the Year of Partnership

Welcome, 2013! For those of us in real estate, it’s refreshing to see so many positive market indicators after a couple years of facing down challenging conditions. As a nation and in my hometown of Chicago, the real estate recovery seems on track. ...


Latest Study Shows Average Buyer Expected to Stay in a Home 13 Years

A recent article published by NAHB shows that, based on a long-run calculation that averages mobility tendencies over a number of years, the typical buyer of a single-family home can be expected to stay in the home approximately 13 years before ...


Home-Selling Strategies: Going Mobile

For a career that requires constant adapting, traveling, meetings and research, mobile technology has become critical for real estate professionals everywhere. But it’s how you use it that determines whether or not this technology can help you succeed at what you do. ...


Florida’s Housing Market Continues Upswing in November 2012

Regional Spotlight—Closed sales, pending sales, median prices and average prices rose in Florida’s housing market in November, while the inventory of homes and condos for sale shrunk, according to the latest housing data released by Florida REALTORS®. ...


Looking Confidently Ahead: Power Broker Predictions for 2013

Consumer confidence. Price appreciation. Multiple offers. Wait…is this real estate we’re talking about?! ...


November Existing-Home Sales and Prices Maintain Uptrend

Existing-home sales continued to improve in November with low inventory supply pressuring home prices, according to the National Association of REALTORS®. ...


Ramping up Data Privacy and Security

From Social Security numbers to credit card information, as the amount of data a brokerage generates and collects increases, so does the organizational risk of data breaches. ...


NAR’s 2012 Political Advocacy Accomplishments Mean Business for REALTORS®

The National Association of REALTORS® (NAR) actively protects the interests of its more than one million members daily as it advocates for federal policy and state and local regulatory initiatives. During the 112th Congress, the REALTOR® legislative and regulatory agenda focused ...


The Mobile Consumer: Remapping the Pathway to Purchase

The mobile device has created a new breed of consumer: The Mobile Consumer. We have not seen this type of change in human behavior since the advent of the automobile. While the world-wide-web changed consumer behavior, it did not change human behavior the way mobile has. As a society, we ...


CFPB Unveils Ambitious Strategic Plan

The Consumer Financial Protection Bureau (the Bureau) unveiled its strategic plan for 2013-2018 this past fall. CFPB has an ambitious agenda, including finalizing and implementing numerous regulations affecting the housing industries. NAR supports the Bureau’s efforts to educate and protect consumers, particularly with regard to mortgage credit transactions. NAR pioneered ...


Buyers Predict Home Prices Will Increase

Nearly three quarters of potential buyers believe home prices will increase in their neighborhood in the next twelve months, twice as many as in the first quarter. ...


The Real Estate Educator: Lurking in the Shadows

With all the good news in the market, from strong housing demand to rising prices, we can’t ignore shadow inventory. Not only does shadow inventory exist, it will have an impact on all markets for some time to come. In this ...


Brokers, Have You Married Your Offline Brand with Your Online Presence?

Nationwide, brokers are struggling to combine their traditional operating model with the new, fast-paced online environment where agents and consumers live. Despite our rapidly evolving online culture, most real estate brokerages remain offline. I would argue it’s mainly because brokers and ...


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