Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 3% increase in home flipping last year, putting it at its highest in ten years. Mortgage rates are also at their highest this year with 30-year rates at 4.21% and 15-year rates at 3.42%. CoreLogic reported the number of borrowers who received their […]
CoreLogic Reports Borrowers Who Received Equity Back Last Year was 1 Million Read More »
Today’s News Synopsis: The Mortgage Bankers Association reported a 3.3% increase in mortgage applications from last week as a result of more borrowers frantically trying to get in before rates get higher. The generation that is seeing more and more people returning to buying homes is Generation X. Fewer homes are becoming affordable in the
Generation Seeing More Returning to Home Buying is Generation X Read More »
Today’s News Synopsis: Home prices in the U.S. increased 6.9% according to CoreLogic’s latest report. Fannie Mae reported an all time-high for consumer confidence, which increased by 5.6 percentage points to 88.3. On this note, the group that is helping boost confidence in the housing market, even in the midst of high prices, is the
Group That Is Helping Boost Confidence in the Market is the Millennials Read More »
Today’s News Synopsis: Frank Martell has just been appointed the President and Chief Executive Officer as well as to the Board of Directors for CoreLogic. In a unique story, someone in the entertainment industry who also works in real estate is Christian singer and former American Idol contestant Danny Gokey. According to Black Knight, the
Black Knight Reports Increase in New Loans and Decrease in Delinquencies Read More »
Sources: Pending home sales drop unexpectedly to lowest in a year, down 2.8% in January Monthly US home-price gains reach a 2 1/2-year high Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Break Holding Pattern, Move Lower U.S. Initial Jobless Claims drop to Lowest in Almost 44 Years U.S. Home Refinance Originations Post
Janet Yellen Still Certain Rate Hike Will Occurr Read More »
Bruce Norris is joined again this week by Tony Alvarez. Tony is very familiar with the Norris Group’s audience and has been a friend since he and Bruce first met in 2003. He mostly buys properties to hold with an occasional flip in the mix. He now does this in a couple different states. Episode Highlights
REO Mentor Tony Alvarez Joins Bruce Norris on the Real Estate Radio Show #528 Read More »
Today’s News Synopsis: Mortgage rates decreased for the first time in a month with 30-year rates now at 4.10% and 15-year rates at 3.32%. Claims of unemployment decreased by 19,000 to 223,000, their lowest decrease in over 40 years. Zillow released an interesting survey recently showing the best time to sell your house in the
Zillow Survey Shows May 1-15 Best Time to Sell Home Read More »
Today’s News Synopsis: WalletHub’s latest report showed the most property taxes are located in states such as New Jersey, Illinois, New Hampshire, and other Democratic states. The Wealth Report also released their latest data showing the the luxury markets with the most real estate price increases were all in China. The Mortgage Bankers Association reported
New Jersey, Illinois, and New Hampshire Among States With Most Property Taxes Read More »
Today’s News Synopsis: The latest S&P/Case-Shiller Index showed home prices increased 5.8% to their highest in 2 1/2 years. Interest rates also continue to show an upward trend according to the latest report from the Federal Housing Finance Agency. Freddie Mac released their latest outlook for this month today. In The News: New York Times –
Latest S&P/Case-Shiller Index Show Home Prices Increase 5.8% Read More »
Today’s News Synopsis: Pending home sales decreased 2.8% last month to a yearly low. Of all places interested in buying real estate in Florida, Russia is still at the top of the list. More and more smaller banks are unable to lend out as much money as they are being squeezed dry by bigger banks.
Of All Countries Interest in Florida Real Estate, Russia Still At Top Read More »
