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Business Outlook Archive


REALTORS® Rethink the Future of Real Estate

Real estate is facing a transformation in the coming years, given the nation’s economic concerns, demographic trends and shifting socio-economic landscape. As REALTORS® gather this week for NAR’s annual REALTORS® Conference and Expo, they are working to shape that future through the ReThink Initiative. ...


10 Steps to Becoming a Successful Real Estate Agent

Working in real estate requires hard work and dedication, but the rewards are plenty. Real estate offers excellent income potential, flexible work hours and freedom to set your own pace. But working in this field is like anything else. You need the right education, training and drive to compete with ...


RPR Now Available to All REALTORS®

NAR PULSE--RPR® is now available to all REALTORS®. Start taking advantage of this exclusive member benefit by registering at www.narrpr.com and show off your local market expertise. ...


Next in Green Building: Passive Houses for the Sophisticated Buyer

From eco-friendly coffee cups to hybrid cars, no one can deny that Americans are jumping on the green bandwagon. But while some environmentally friendly lifestyle changes remain somewhat small—reusable grocery bags, anyone?—others are large. You’ve seen it with Energy Star ...


Real Estate Marketing Site Allows Agents to Target Potential Home Buyers

TREBStore.com, a real estate marketing site powered by The Real Estate Book and RR Donnelley, provides real estate professionals proven designs for direct marketing along with the data tools necessary to make the process easy and effective. ...


Home Prices Continue Upward Trend in August

(MCT)—Home prices in August rose across a broad swath of large American cities, adding further evidence that a housing recovery is taking shape. ...


FHA Homeowners Recover from Foreclosures More Quickly

(MCT)—R.C. and Stacy Davis lost their condominium to foreclosure in 2009, a bad break that seemed destined to keep them from buying another home for many years. ...


Fannie Mae Reminds Servicers, Borrowers of Options in Natural Disaster Areas

Fannie Mae is reminding servicers of options that are available to homeowners affected by natural disasters in the wake of Hurricane Sandy. Under Fannie Mae’s existing guidelines, servicers have the ability to grant forbearance to any borrower they believe has been affected by a natural disaster. Within ninety days, servicers ...


Homeownership Rate Slips during the Third Quarter

The Census Bureau reported the seasonally adjusted homeownership rate fell to 65.3 percent during the third quarter of 2012. In terms of rates across age groups (which are not seasonally adjusted), only those households headed by persons 65 and over registered an increase in the homeownership rate versus the third ...


Bay State Home Sales Continue to Climb in September

Regional Spotlight—Massachusetts single-family homes sales increased again in September, while prices slipped back below $300,000, according to the latest report by The Warren Group, publisher of Banker & Tradesman. ...


Remodeling Market Index Climbs Five Points, Returns to 2005 Levels

The Remodeling Market Index (RMI) climbed to 50 in the third quarter of 2012, up from 45 in the previous quarter, according to the National Association of Home Builders (NAHB). Released recently, the RMI is at its highest point since ...


New Home Sales at Best Rate Since 2010

(MCT)—New home sales jumped 5.7 percent in September from the previous month to the highest rate in more than two years as the housing market resurgence continued to take hold, the Commerce Department said Wednesday. ...


New-Home Sales Rise 5.7 Percent in September

Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded ...


Next Generation of Homebuyers Are Knowledgeable, Responsible and Savvy

Better Homes and Gardens® Real Estate recently released the results of a national survey of 18-35 year old Americans that reveal that the impact of the housing crisis has given rise to two of the most knowledgeable generations to become ...


MBA Data Suggest Mortgage Demand for Home Purchase Is in Early Stages of Recovery

According to the Mortgage Bankers Association (MBA), the seasonally adjusted total mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 12, 2012. ...


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