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Business Outlook Archive


Evolution of the Broker Pricing Opinion

RISMEDIA, July 12, 2011—Executives within the default Industry are required to make decisions on a variety of dispositions that vary from loss mitigation to REO pricing strategies. The Broker Pricing Opinion (BPO) is an integral component of the decision making ...


High Rollers Move Up

RISMEDIA, July 12, 2011—While a third of homeowners struggle to stay above water on their mortgages, nearly a quarter of those in the upper income tiers have been trading up to take advantage of deals in the luxury home market. ...


Bankrate: Mortgage Rates Hit a 2-Month High

RISMEDIA, July 11, 2011— Mortgage rates increased for the second week in a row, with the benchmark conforming 30-year fixed mortgage rate now 4.79 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.32 discount and origination points. ...


Commercial/Multifamily Real Estate Markets Show the Turn of the Real Estate Cycle

RISMEDIA, July 8, 2011—The Mortgage Bankers Association (MBA) released its Commercial Real Estate/Multifamily Finance Quarterly Data Book for the first quarter of 2011. First quarter data on the commercial real estate markets show the natural effects of the turn of the real estate cycle. Broader economic indicators were positive in ...


NAR Pulse: This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS®

RISMEDIA, July 6, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: get the Linkedin Manual for Real Estate from the REALTOR.org Store; get $50 off a new AHS® Home Warranty FlexPlan® with REALTOR Benefits® Program Partner, American Home Shield®; and Americans continue to reaffirm their support of and ...


Prices Rise for Second Consecutive Month

RISMEDIA, July 6, 2011—Hours after the National Association of REALTORS® announced an 8.2 percent jump in May prices, CoreLogic confirmed its May numbers show a second consecutive month-over-month increase. ...


Renters Can Do Plenty to Make their Homes More Eco-Friendly

RISMEDIA, July 6, 2011—(MCT)—So you're a renter and you want to green your space, but your landlord won't splurge on solar panels. Don't fret. There are plenty of low-cost ways for apartment dwellers to be eco-friendly. ...


Real Estate Technology is Shifting

RISMEDIA, July 5, 2011—We are seeing a significant shift occurring in real estate technology that will impact our industry dramatically in the years to come. Like most shifts, it didn’t happen all at once but if you look carefully you can see the seeds of this shift many years back. ...


Pending Home Sales Turn Around in May

RISMEDIA, July 5, 2011—Pending home sales rose strongly in May with all regions experiencing gains from a year ago, pointing to higher housing activity in the second half of the year, according to the National Association of REALTORS®. ...


Case-Shiller: Slight Increase in April

RISMEDIA, June 30, 2011—S&P/Case-Shiller’s 10- and 20-city composites rose less than one percent in April over March, the first price increase the indices have measured in eight months. ...


Hybrid Housing Holds Appeal

RISMEDIA, June 30, 2011—(MCT)—Mary Myss never has to paint her Chaska, Minn., home, mow the lawn or shovel her driveway. That's because her walkout rambler is in Pioneer Point, a subdivision of single-family homes that are maintained by a homeowners' association. ...


Don’t Fall Short: Follow This Path to Successful Short Sales

RISMEDIA, June 29, 2011—Short sales aren’t what they used to be. Gone is the long and complex process that often confused and frustrated both buyers and sellers. Today, mortgage lenders—along with the federal government—have streamlined short sales to make them ...


This Week’s Top Stories from the NATIONAL ASSOCIATION OF REALTORS®

RISMedia, June 29, 2011—This week’s headlines from the NATIONAL ASSOCIATION OF REALTORS® include: get the pulse of the marketplace with the “2010 NAR Profile of Home Buyers and Sellers,” new mobile app for REALTORS® from REALTOR Benefits® Program Partner, Lowe’s, and NAR urges regulators to reconsider on the Qualified Residential ...


Experts Agree Prices Have Bottomed Out and Will Stay There

RISMEDIA, June 28, 2011—A significant majority of the 108 economists and experts participating in MacroMarkets’ June Price Home Expectations panel believe that the bottom for home prices arrived in the first quarter or will arrive sometime before year-end. ...


Are You a Bridge Builder?

RISMEDIA, June 27, 2011—"Biography" is one of my favorite TV shows because it pays tribute to the accomplishments of well-known, successful men and women. I gain insight and inspiration from their stories of achievement and personal triumph over adversity. I ...


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