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Business Outlook Archive


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 ...


Investing in Charleston, S.C. and Grand Rapids, Mich. Real Estate

Greg Rand (@gsrand), CEO of OwnAmerica and host of Rand on Real Estate on WABC radio recommends Charleston and Grand Rapids on the FOX Business Network "Where to Invest Now" segment. ...


Builder Confidence Rises One Point in June

Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), ...


May Housing Update: Inventory Free-Fall Easing Toward Summer Season

Regional Spotlight—The marked decline in single family inventory over the past several months appears to be slowing in May, while still remaining significant in some areas of California. ...


U.S. Foreclosure Activity Increases 9 Percent in May

RealtyTrac®, a leading online marketplace for foreclosure properties, recently released its U.S. Foreclosure Market Report™ for May 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions—were reported on 205,990 U.S. properties in May, an increase of 9 percent from April but still down 4 percent from ...


Average Fixed Mortgage Rates Reverse Course

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates ending their six week streak of record-setting lows. Regardless, mortgage rates still remain near the historic lows helping to keep homebuyer affordability high, and providing a strong incentive for those looking to ...


80 Metros Listed as Improving Housing Markets in June

The list of U.S. housing markets showing measurable and sustained improvement now includes 80 metropolitan areas, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for June, released recently. Though down from the 100 markets shown ...


9 Ways Power Questions Help Us Build Better Business Relationships

Just a few years ago, globalization was in full swing, and the world seemed to be bursting with an infinite supply of business. All this bounty lulled us into taking our customers for granted, maintains Andrew Sobel—until the economy tanked and shattered the illusion of endless prosperity. Suddenly, the old-fashioned ...


Coldwell Banker Launches Monthly Blog by President; First ‘Real Estate by the Numbers’ Breaks Down Surprising Most-Viewed Listings

Editor’s Note: The following blog post can be found on “Blue Matter,” Coldwell Banker’s official company blog. ...


Billion Dollar IPO for Realogy’s Parent?

Domus Holdings Corp., the parent of Realogy Corporation, has announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed primary initial public offering of shares of its ...


Is the Housing Collapse Over?

April may not be the cruelest month, at least when it comes to housing. The data strongly suggest that after six dreadful years, the real estate market is stabilizing. ...


U.S. Home Prices Turn the Corner with Small Quarterly and Yearly Gains

Clear Capital®, a premium provider of data and real estate asset valuation, investment and risk assessment, has released its Home Data Index™ (HDI) Market Report with data through May 2012. The HDI Market Report uses a broad array of public and proprietary data sources providing the most timely and relevant ...