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Business Outlook Archive


The Employment Situation in October – Back on Track(?)

The labor market rebounded in October from unexpected weakness in August and September but are the signals of recent months indicating strength, weakness or volatility? ...


News Corp Announces: Real Estate Market Returning to Health

Recently, global media company News Corp announced their first quarter results for fiscal 2016. The company has continued to surge forward, with income from continuing operations reaching $143 million compared to $109 million in the prior year. Reported EPS from continuing operations were ...


NAR’s Realtors Property Resource Executes Definitive Agreement with UPSTREAM, Begins Development

The National Association of Realtors® and its wholly owned subsidiary, Realtors Property Resource®, have signed a technology agreement with UPSTREAM™, a revolutionary industry-owned and controlled data management company, to develop UPSTREAM™’s cross-industry, state-of-the-art platform for real estate data entry, collection and distribution for real estate brokers. ...


New Clean Water Rule Could Have Broad Impact

The Environmental Protection Agency (EPA) and the Corps of Engineers (Corps) recently finalized a controversial regulation known as the Waters of the U.S. Clean Water Rule. This Clean Water Rule fundamentally changes what waters of the U.S. are regulated under the ...


What the Real Estate Industry Needs to Know about Millennials

According to the U.S. Census Bureau, millennials now number 83.1M – more than one quarter of the nation’s population. As the largest demographic cohort in America, millennials are a powerful buying force and brands are vying for their attention. They are the largest source ...


Brokers Face Technology-Adoption Challenges Head On

As real estate technology continues to evolve at lightning speed, brokerage leaders are tasked with showing their agents the value of adopting new tech offerings to stay ahead of the competition. ...


Share of Flipped Homes Increases 18 Percent

Home flipping is hot again, according to recent news from RealtyTrac®’s Q3 2015 U.S. Home Flipping Report, which shows that 43,197 single family homes and condos were flipped— sold as part of an arms-length sale for the second time within a 12-month period—in the third quarter of 2015, 5.0 percent ...


Case-Shiller: Home Prices up 5.1 Percent in August

Home prices rose in August, according to the recently released S&P/Case-Shiller Home Price Indices. Data through August 2015 revealed a slightly higher year-over-year gain with a 4.7 percent annual increase in August 2015 versus a 4.6 percent increase in July 2015. The 10-City ...


Strong Prices Push Housing Recovery into High Gear

By August, 51 of the top 100 markets had made a complete price recovery—one more than the prior month. Additionally, 117 of 200 midsize markets had seen a complete price recovery—one more than in July. ...


Condos are Back – and Outpacing Single-Family Homes in Appreciation

Condos are appreciating faster than single-family homes in markets across the U.S., especially where job markets are thriving or urban renewal is underway, according to the third quarter Zillow® September Real Estate Market Report. Condos in the U.S. are appreciating at a rate of 5.1 percent, compared to the 3.7 ...


September New Home Sales Dip 11.5 Percent

Sales of newly built, single-family homes fell 11.5 percent to a seasonally adjusted annual rate of 468,000 units in September, according to newly released data from HUD and the U.S. Census Bureau. ...


Opinion: What to Expect from the Housing Market This Fall

(TNS)—Autumn is typically known as the time of year when housing activity starts to slow down. ...


Remodeling Market Index over 50 for 10 Straight Quarters

NAHB’s Remodeling Market Index (RMI) was 57 in the third quarter—two points down from the previous quarter, but the tenth straight quarter it has been above the key break-even point of 50. The RMI and all its components lie on a scale of 0 to 100, where an index number ...


Existing-Home Sales Speed up in September

Existing-home sales rebounded strongly in September following August’s decline and have now increased year-over-year for 12 consecutive months, according to the National Association of REALTORS®. All four major regions experienced sales gains in September. ...


Consumer Credit Default Rates Decrease in September 2015

Consumer credit default rates decreased in September 2015, with the composite rate ranking at 0.89 percent, down seven basis points from the previous month, according to data released by S&P Dow Jones Indices and Experian. The bank card default rate was 2.77 percent for September, up six basis points from ...


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