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Business Outlook Archive


Spring Sales: Home Prices Rise in April

Data through April 2012, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that on average home prices increased 1.3 percent in the month of April for both the 10- and ...


For Sellers, Farmland Provides Jackpot of Their Dreams

(MCT)—The record farmland prices that are shaking up rural America offer a potential bonanza for sellers. ...


Home Is Where the History Is

As Americans prepare to celebrate Independence Day next week, thousands of them will flock to places like Mount Vernon, Monticello and Peacefield to learn and understand more about our country's history and the men and women who shaped its future. ...


Pending Home Sales Soar in May to Highest Level in 2 Years

(MCT)—Prospective homebuyers signed the most contracts to buy existing homes last month in more than two years, according to new data from the National Association of Realtors. ...


Freddie Mac Prices New $3.5 Billion Five-Year Reference Notes® Security

Freddie Mac (OTC: FMCC) announced recently that it priced its new 1.00 percent five-year USD Reference Notes® security due on July 28, 2017. The issue, CUSIP number 3137EADJ5, was priced at 99.748 to yield 1.051 percent, or 29.5 basis points more than five-year U.S. Treasury Notes. ...


Dead Listings Live Again in Tight Markets

Record-low inventory levels are breathing new life into homes that were withdrawn from the market but now are finding buyers in markets across the country. ...


Case-Shiller: Home Prices Pick Up

After seven consecutive months of sliding home prices, average home prices increased more than 1 percent in April for both the 10- and 20-city groups tracked by the Case-Shiller Home Price Indices. Data through April 2012, just released for the ...


Mass. May Home Sales Highest in Nearly Two Years

Regional Spotlight—Home sales in the Bay State increased almost 35 percent in May - rising to the highest level of transactions since June 2010, according to The Warren Group, publisher of Banker & Tradesman. ...


Student Loan Debt Crisis Linked to Lower Home Values

New analysis of government data by the National Association of Home Builders (NAHB) reveals a connection between rising student loan debt and the onset of the housing slump, and offers yet another example of how lower home values have hurt ...


Existing-Home Sales Constrained by Tight Supply, Prices Continue to Gain

Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. ...


International Sales Continue to Climb in U.S. Market, REALTORS® Report

Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment. ...


Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain

Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of REALTORS®. ...


Seeing Double: Government Refinance Applications Skyrocket

Mortgage applications decreased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15, 2012. ...


Single-Family Housing Starts Rise 3.2 Percent in May

Single-family housing production increased for a third consecutive month and builders pulled more permits for both single- and multifamily construction in May, according to newly released figures from HUD and the U.S. Census Bureau. The data reveals that the seasonally adjusted annual rate of single-family housing starts rose 3.2 percent ...


RE/MAX National Housing Report: Broad-based Housing Recovery in Full Swing

For the fourth month in a row, the RE/MAX National Housing Report is showing an increasing Median Home Price. In May, home prices were 6.1percent higher than those in May 2011. Home sales also rose above the mark set last year by a significant 12.8 percent. With 42 surveyed metros ...