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Business Outlook Archive


Analysis: Stricter Mortgage Standards Criticized as too Tight

(MCT)—During the housing boom, a borrower’s ability to exhale appeared to be the chief criterion for obtaining a mortgage. Six years of record foreclosures later, with millions of borrowers owing more than their properties are worth, the housing market continues to tread water. ...


Impatient Buyers Target Homes Before They Go on Sale

(MCT)—House hunters frustrated with the market’s supply of homes have shifted their search from the streets to underground. ...


Long Awaited Housing Recovery Underway: Agent Survey Reveals Rising Prices and Strong Demand

The housing industry is staging a recovery with increasing sales and stabilizing prices, according to a national survey of RE/MAX agents. Four out of five agents believe U.S. home prices won’t decline further. In fact, nearly 70 percent predict prices will go up, led by a strong demand for homes ...


Northern California’s MLSListings Inc., Syndicates Directly to HomeFinder.com

HomeFinder.com, an online real estate search site and provider of digital marketing solutions for real estate agents, has announced its strategic partnership with MLSListings, Inc. The direct syndication of MLSListings Inc., to HomeFinder.com advances the search and advertising solutions for the real estate community throughout Northern California. ...


Strong Sales in February Impact March Stats

Sales of newly built, single-family homes declined 7.1 percent to a seasonally adjusted annual rate of 328,000 units in March from an upwardly revised, robust pace of 353,000 units in February, according to newly released figures from HUD and the U.S. Commerce Department. ...


New Rules Aim to Speed up Short Sales

(MCT)—The short sale process could get a lot quicker starting this summer under new rules that will require lenders to respond to offers within a month. ...


March Bay State Home Sales Rise 20 Percent

REGIONAL SPOTLIGHT—Sales of single-family homes and condominiums in Massachusetts rose by double-digit percentages in March—marking the strongest first quarter since 2007, according to a new report by The Warren Group. ...


Watch Your Mouth

If you ask the average person how they feel they can give you an answer but not too many can tell you how they got there. Some people believe that they feel a certain way because of whatever the weather happens ...


9 Cities and Both Composites Hit New Lows in February

Data through February 2012, released recently by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed annual declines of 3.6 percent and 3.5 percent for the 10- and 20-City Composites, respectively. ...


The Housing Recovery Is Slow Going, but Things Are Improving

There has been a flurry of media stories regarding the latest housing data that suggest the recent momentum in the housing market has stalled and the industry is heading toward another downturn. ...


Top 5 in Real Estate Network Spotlights: Defining Customer Service in Today’s Market

“The key to excellent customer service is making each client a high priority. This transaction is not like buying a car and trading it in a few years later,” says Cathy Freeman of Rod Aluisi Real Estate. Read on as RISMedia’s Lesley Geary interviews Freeman about achieving excellent customer service ...


Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing

Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of REALTORS®. ...


Multicultural Buyers: The New American Melting Pot

Just a cursory glance at your television is evidence: the demographic of the U.S. population has changed dramatically in the past decade. America’s population is more diverse than ever before, and savvy real estate agents should prepare now to serve ...


Fixed Mortgage Rates Edge Slightly Higher

Freddie Mac (OTC: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates holding relatively stable this week amid signs that inflation remains in check with the 30-year fixed up slightly at 3.90 percent and 15-year fixed at 3.13 percent. ...


NAR Gains Key Acquisition in SentriLock

As of December 2011, the official lockbox provider of The National Association of REALTORS® (NAR) is 100 percent owned by NAR, the organization has announced. Now directly accountable to the real estate community it serves, SentriLock, LLC, as the official lockbox provider for NAR, will continue to focus on providing ...


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