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Business Outlook Archive


Zillow Predicts Home Values to Rise 3 Percent in 2014; Mortgages Will Be Easier to Get

Zillow is making four, bold housing predictions for 2014, and has determined which housing markets will be the hottest this coming year. ...


With Aging Population, Elevators More Popular in New Homes

(MCT)—Developers are luring downsizing baby boomers with elevators, a luxury feature that offers convenience now and the promise of easier movement as they age. ...


CFBP Rules: A Detailed Look at the Replacement of Consumer Disclosure Forms

On November 20, 2013, the final rules on the replacement of the current consumer disclosure forms required under RESPA and the Truth-in-Lending Act were released. The new, integrated Loan Estimate Form and Closing Disclosure Form, called “Know Before You Owe,” will go ...


ERA Identifies Four ‘Under the Radar’ Markets Benefitting from Out-Of-State Buyers

ERA Real Estate, a global real estate franchisor, and the members of its U.S. broker network have identified four “under the radar” housing markets that are benefitting from home buyers relocating from out of state. The growth in these markets is supported ...


Market Cycles Influence Alternative Business Development Options

Real estate and relocation professionals often expand business services by recognizing market trending and filling underserved needs in their market areas. By capitalizing and building on business models and skill sets already in place, each of the following individuals and their ...


The Mortgage Professor: With Loan Insurance, Bad Rules Lead to More Rules

(MCT)—In 1999, Congress decreed that the monthly mortgage insurance premiums that borrowers paid could be terminated by the borrower under certain conditions, and if the borrower failed to act, the lender was obliged to terminate a little later. This rule applied to mortgages insured by private mortgage insurers. Shortly thereafter, ...


Home Prices Jump in Largest U.S. Cities, but Pace Slows

(MCT)—Home prices in the nation’s largest metro regions posted strong gains in September, although the pace of those increases slowed in most cities, according to a leading gauge. ...


Residential Building Permits Reach 1 Million, a 5-Year High

(MCT)—The number of U.S. residential building permits issued in October surpassed 1 million, the highest level in five years, the Commerce Department reported Tuesday. ...


HUD Awards Millions to Next Generation of Housing

U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan recently announced that nine communities across the U.S. will receive Choice Neighborhoods Planning Grants. The $4.37 million awarded today provides these communities the resources they need to craft comprehensive, community-driven plans to revitalize ...


New Mortgage Disclosure Forms to Roll Out in August 2015

(MCT)—The federal government’s consumer financial watchdog will require lenders to issue shorter, easier-to-understand mortgage disclosure forms to home buyers that more clearly show the costs and terms of the loans. ...


California Pending Sales Higher in October

California pending home sales reversed a two-month decline to post higher in October, but were down from a year earlier, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported recently. ...


Strong Multifamily Sector Pushes Building Permits above 1 Million in October

Issuance of new building permits rose 6.2 percent to a seasonally adjusted annual rate of 1.034 million units in October due primarily to a double-digit increase on the multifamily side, the U.S. Census Bureau reported today. ...


Eight Secrets Every Real Estate Agent Needs to Know for a Successful 2014

Real estate sales tend to slow down around the holidays, but if your goal is to increase your brokerage’s profitability in 2014, the end of the year is vital to your team’s success. Set the scene for a prosperous 2014, by encouraging ...


Don’t Let Fall Slow You Down

While you’re reading this post catching up with the real estate world, it’s possible that a lot of your competition is off the clock. They’re not making calls, not sending out marketing pieces, not scheduling an open house or tracking down “For ...


Miami Real Estate Double-Digit Price Appreciation Continues

Regional Spotlight—October marked the 23rd consecutive month where Miami’s home prices appreciated compared to year-ago figures, according to a new report from the 30,000-member MIAMI Association of REALTORS® and the local Multiple Listing Service (MLS) system. The median sales price for a Miami home in October was $220,000, a significant ...


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