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Business Outlook Archive


Housing Affordability Index Hits Record High

Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of REALTORS®. ...


Housing Overhaul? Home Builders Announce Housing Finance System Reform Plan

The National Association of Home Builders (NAHB) recently announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages. ...


Cover Story: A New Generation Rocking Real Estate

There’s a new genre of brokers taking the real estate stage, and they are striking the right chords within the industry. These next generation brokers are infusing innovation and vitality into the real estate market and bringing with them a new way to look at the business. The term “next ...


What Are You Selling?

When I ask sales reps to boil down the entire "selling process" into a one word answer, I get a wide variety of interesting responses such as service, education, or consulting. Seldom do I get the answer that I'm expecting ...


Warren Buffett Is Betting on Housing

(MCT)—The U.S. housing market disappointed Warren Buffett last year, but he hasn’t given up hope. ...


Settlement by American Home Shield Addresses Important Broker Compensation, RESPA issues

In the wake of U.S. District Court approval of a class action lawsuit settlement agreement, American Home Shield officials said they were pleased that the court confirmed the compliancy of the company’s new broker compensation practices featured in its ProConnect program. In addition, the settlement fully released brokers and agents ...


Environmental Data Resources Launches New City Directory Images

Rob Barber, CEO of Environmental Data Resources, Inc. (EDR), a leader in property-specific environmental information and risk management solutions, recently announced the launch of the EDR City Directory Image Report. "We are thrilled to launch city directory images," says Barber. "EDR's mission is to continually improve our services based on ...


Housing Bright Spot: Pending Home Sales Rise, Market on Uptrend

Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago, according to the National Association of REALTORS®. ...


Positive Trends in Florida Housing Market

Regional Spotlight—Florida's housing market reported gains in median sales prices and a reduced inventory of homes for sale in January, according to the latest housing data released by Florida REALTORS®. ...


Ohio Finds January Housing Sales Best in Years

Regional Spotlight—Not only were central Ohio housing sales up in January, but they showed the highest activity for that month since 2008. The 1,125 sales showed a 6.0 percent increase over January of 2011 according to the Columbus Board of REALTORS®. ...


Illinois Sees 16.1 Percent Increase in Home Sales

Regional Spotlight—Illinois Home sales in January were the strongest for the month since 2007, according to data released today by the Illinois Association of REALTORS®. ...


February 2012 U. S. Economic and Housing Market Outlook

Freddie Mac (OTC:FMCC) recently released its U.S. Economic and Housing Market Outlook for February showing cautious signs of the economy and housing market moving in a positive direction fueled by an environment of low interest rates and more favorable job prospects for Americans. ...


US Unveils Plan to Wind Down Fannie Mae and Freddie Mac

(MCT)—The regulator for Fannie Mae and Freddie Mac wants to shrink the seized housing-finance giants gradually and create a new market for mortgage-backed securities to help the private sector. ...


The NAR Power Broker Roundtable: Investors and Renters: Friends or Foes?

According to recent data, investors are becoming an increasingly important part of real estate’s recovery. But is that a good thing? This month’s Power Broker Roundtable, brought to you by the National Association of REALTORS®, explores the issue with a few of the industry’s savviest brokers. ...


FHFA Sends Congress Strategic Plan for Fannie and Freddie

Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco recently sent to Congress a strategic plan for the next phase of the conservatorships of Fannie Mae and Freddie Mac (the Enterprises). ...


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