Today’s News Synopsis: Consumers are being warned by HUD to be on the lookout for scammers making false promises of giving a housing grant in exchange for a fee. In an update on the situation with Dodd-Frank, the House Financial Services Committee chairman Jeb Hensarling and the Republican party presented their plan to replace the […]
Today’s News Synopsis: In a story featuring our very own Bruce Norris, he believes one thing holding back growth in the real estate industry is lenders being selective about who they give loans. The Mortgage Bankers Association reported delinquency rates for commercial/multifamily mortgages are still relatively low while CMBS loans are at an all-time low.
Bruce Norris Believes Lender Hesitancy Holding Back Real Estate Growth Read More »
Today’s News Synopsis: The latest date from Black Knight Financial Services showed delinquency rates for HELOCs increased drastically in two of the past six months, one being the biggest increase in 4 years. The latest survey from the Federal Reserve Bank of New York showed more people prefer to buy a home as opposed to
Trulia Reports 14% Increase in Foreign Investors Wanting to Buy in U.S. Read More »
Sources: Case-Shiller: Home prices rising twice as fast as inflation Existing-Home Sales Defy Unfavorable Odds Republicans set to unveil plan to replace Dodd-Frank Groups Call for Action on Housing Finance Reform Top Purchase Markets for Millennial Homebuyers, According to NAR Goldman Sachs in $5.1 billion toxic mortgage settlement Today’s News Synopsis: Aaron Norris of the
Latest AACER Data Shows Bankruptcy Filings Continue to Decrease Read More »
Bruce Norris is joined this week by Brett Rainey, the sales rep Bruce has worked with for a long time. He is with First American Title and has had lots of jobs along the way. He has been a sales rep now for 29 years and does a great service for the Norris Group. Episode Highlights
Title for Real Estate Investors with Brett Rainey of First American Title #489 Read More »
Today’s News Synopsis: The MBA reported a decrease in the amount of mortgage credit available by 0.8% to 121.4. The National Association of Realtors released a list of the top markets where millennials could have a better time buying. More delinquent loans were just sold off by Freddie Mac at an auction today. In The
NAR Releases List of Top Ten Markets for Millennials Read More »
Today’s News Synopsis: Despite all odds, existing-home sales are continuing to show positive signs of increase, having risen 1.7% to 5.45 million. Many housing advocacy groups and stakeholders in the industry are urging FHFA director Mel Watt to bring more changes to housing finance reform. Mortgage applications decreased 4.1% according to the Mortgage Bankers Association.
Despite All Odds, Existing-Home Sales Continue to Increase Read More »
Today’s News Synopsis: Republicans are planning on announcing a new plan to bring major reform for Dodd-Frank, which would include replacing both the act itself and many of its financial reforms. The latest Case-Shiller Index shows home prices increased 5.4% across the nation and 5.1% in the top 10 metropolitan areas, revealing prices to be
Latest Home Value Forecast Shows Increasing Gap Between Hot and Cold Markets Read More »
Bruce Norris is joined again this week by Ralph McLaughlin. Ralph is the Chief Economist for Trulia and leads their housing and economics research team. He provides house hunters with key insights about the economy as well as housing trends and public policy. His educational background includes a BS in geography and regional development from
Ralph McLaughlin of Trulia #488 Read More »
Sources: Morning Briefing: Existing home sales higher in April Federal Reserve: Mortgage debt rises to 4-year high New Home Sales Reach post-Recession High Pending home sales surge to 10-year high Appeals Court overturns Bank of America’s $1.27 billion fine in ‘Hustle’ case ‘Survivor Bill of Rights’ is Gaining Traction Short Supply Causing Faster Price Appreciation
With Rents Increases, Many May Have to Move Toward Buying Read More »
