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Business Outlook Archive


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. ...


Housing Starts, Permits Post Big Gains in September

Nationwide production and permitting of new homes rose sharply in September to their highest levels in more than four years, according to newly released figures from HUD and the U.S. Census Bureau. A 15 percent gain brought the pace of new housing construction to a seasonally adjusted annual rate of ...


Rand on Real Estate: A New Class of Home Buyer – the Institutional Investor

Enormous capital has been raised over the last two year for the expressed purpose of buying single family homes and renting them out. This trend dwarfs the new construction boom in terms of real dollars and earning potential for our industry. It is as aspirational as the foreclosure crisis was ...


Home Price Appreciation Helps Housing Move Forward on Road to Recovery

Sparked by rising home prices across much of the nation, the housing recovery is now under way, but fiscal uncertainties and other challenges could result in a bumpy ride in the coming months, according to economists participating in a recent National Association of Home Builders (NAHB) webinar on the construction ...


Fannie: Sales Up 9 Percent in 2012

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels. ...


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