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Business Outlook Archive


Buyers Ready to Make a Move This Spring

The National Association of REALTORS®’ Consumer Advertising Campaign TV commercial, “Make Your Move,” debuted recently in more than 20,000 national spots, and is expected to generate 3.9 billion impressions in 2014. This year’s campaign theme is market momentum, and the latest ad ...


February 2014 Prices Show Largest Drop in Quarterly Growth Since 2010

Recent reports show that home prices have already begun to drop this year. Clear Capital recently released its Home Data Index™ (HDI) Market Report with data through February 2014. ...


Luxury Sales Warm up a Frigid Winter

Polar vortexes are freezing home sales in much of the nation this winter but the luxury segment is finding the temperature to be just perfect as both sales and price increases warm up million-dollar-plus markets from coast to coast. ...


U.S. Negative Equity Rate Takes a Dive

The national negative equity rate ended 2013 below 20 percent for the first time in years, dipping to 19.4 percent of all homeowners with a mortgage, according to the fourth quarter Zillow® Negative Equity Report. Nationally, more than 9.8 million homeowners remain underwater, owing more on their mortgage than their ...


The Ownership Generation Is Aging

Seniors are still the age group with the greatest homeownership rate, far exceeding the national rate for all age groups even into their eighties. ...


Inventory Loosens Heading into Spring Homebuying Season

Regional Spotlight—With the statewide housing inventory slowly improving, California pending home sales picked up steam in January and reversed a two-month decline, but pending sales were still down from a year ago, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported recently. ...


Fixed Mortgage Rates Continue Gradual Climb Higher

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates mixed with the fixed-rate products moving higher for the fourth consecutive week, while adjustable rate mortgages eased. ...


Home Prices Edge Down in Big Cities

(MCT)—Home prices fell slightly across large U.S. cities in December from a month earlier, further evidence that the housing market cooled to close the year, according to a closely watched index. ...


Are Tighter Inventories and Rigid Lending Standards Increasing the Value of Real Estate Professionals – Could This Be a ‘Silver Linings Playbook’ for REALTORS®?

Several real estate brands and networks are busy this month holding their annual conventions or network meetings, addressing issues directly affecting the effectiveness and profitability of their sales agents and their respective brokerage firms. ...


House Prices End the Year Higher

Data from Standard and Poor’s indicates that house prices rose in December 2013. According to the release, the seasonally adjusted S&P/Case-Shiller HPI – 20 City Composite rose by 0.8 percent in December 2013. This is the 23rd consecutive month-over-month increase ...


Recovery Stretches to Ninth Consecutive Month; 89 Markets Reaching Full Recovery

A recently released market index shows significant improvement in the top 100 markets this month. Results show that 60 of the top 200 midsize markets have fully recovered their loss in home prices due to the housing bubble burst. These advancements bring ...


Commercial Real Estate Outlook Positive but Moderating

Market fundamentals in commercial real estate continue to improve but at a slower pace, according to the National Association of REALTORS® quarterly commercial real estate forecast. ...


Delinquency and Foreclosure Rates Decline to Lowest Level in Six Years

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.39 percent of all loans outstanding at the end of the fourth quarter of 2013, the lowest level since the first quarter of 2008. The ...


Existing-Home Sales Drop in January While Prices Continue to Grow

Existing-home sales fell in January to the lowest level in a year-and-a-half, but ongoing inventory shortages continue to lift prices in much of the U.S., according to the National Association of REALTORS®. ...


New Survey: Consumers Believe Mortgages are Easy to Get

Just in time for the 2014 home-buying season, attitudes towards access to mortgage credit are improving and most Americans now believe it would be easy for them to get a mortgage, according to Fannie Mae’s January National Housing Survey. ...