Housing is an important source of economic growth. As of the second quarter of 2014, housing’s share of gross domestic product (GDP) was 15.5 percent, with home building and remodeling yielding 3.1 percentage points of that total.
What's a customer worth? A customer at the local supermarket or at the corner Fedex Print shop might spend $10,000 or even $25,000 over the course of a few years. That's why marketers are so willing to spend so much...
Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors. All major regions experienced declines except for the West, which rose for the fourth consecutive month.
Sales of new single-family houses in August 2014 were at a seasonally adjusted annual rate of 504,000, up from July’s printing of 427,000, the fastest rate in six years and the biggest monthly jump since January 1992.
The mortgage delinquency rate jumped nearly 5% in August, reaching its highest point since February, the Data and Analytics division of Black Knight Financial Services reported in its “first look” at August 2014.
Borrower equity is important because home equity constitutes borrowers’ largest investment segment and, as a result, is driving forward the rise in wealth for the typical homeowner, said Sam Khater, deputy chief economist for CoreLogic.
But if you thought Alibaba's revenue was explosive, get this: Based on estimates from The Economist charted for us by Business Insider Intelligence, Alibaba shoppers spend an average of $9,368 each second.
During a recent panel at the Bipartisan Housing Summit, Darius Bozorgi, the CEO of Veros, indicated that he felt the technological approach of Fannie Mae, Freddie Mac and the Federal Housing Administration should be extended to the rest of the housing industry. Here's what he meant.
Carrington Real Estate Services, LLC (Carrington) recently announced that it’s presenting a series educational webinars for residential real estate agents, featuring successful strategies for taking their businesses to the next level.
CENTURY 21 Real Estate, the iconic brand and franchisor of the world's largest residential real estate sales organization, today announced a marketing agreement to be the inaugural real estate sponsor of SeniorHousingNet.com. Operated by Move, Inc.,
A year to the day after welcoming its first affiliate, Berkshire Hathaway HomeServices announced the addition of the 1,000th office to its network with the conversion of Torrance, California-based Prudential California Realty.
Although a new study indicates that inflated appraisals are less common today, the impact of low appraisals may be problematic in its own right — higher levels of loan rejections that put a damper on the housing market.
USRealty.com announced it has acquired national real estate brokerage Housepad, which will enable it to offer cost-effective property sales for homeowners, commercial brokers, home-selling websites and institutional real estate portfolio managers.
Here's a sobering fact: Many of the most important innovations we depend on hinge on a fast Internet connection. And yet not all countries are delivering on the speed we need now—let alone what we'll require in the future.