Today’s News Synopsis: Amazon is looking for a second North American HQ. Fannie Mae reported housing confidence increased 1.2 points to 88 in their latest Home Purchase Sentiment Index. The percentage of co-borrowers applying for single family home purchase loans in the second quarter was 23%. In The News: Realty Trac – “Co-Borrowers Account For 23 Percent […]
50,000 Jobs, 5 Billion Development and More Read More »
Today’s News Synopsis: Apartments in Dubai can now be bought using bitcoin. Sold homes that received the best return investments were located along the West Coast. Freddie Mac reported in their latest survey that the industry that is continuing to see growth in the market is multifamily. In The News: Zillow – “West Coast Home Sellers
Studio Apartments Being Offered for Bitcoin Read More »
Today’s News Synopsis: Could driverless cars have a serious impact on housing? Home prices increased 6.7% in July according to the latest US Home Price Report from CoreLogic. This puts over half of the markets in the U.S. at overvalued prices. In The News: John Burns Real Estate Consulting – “8 Big Housing Changes Thanks to
8 Changes Brought About By Fully Autonomous Vehicles Read More »
Real Estate News Recap: Southern California home prices surge in July amid shortage of supply Pending Home Sales Lessen 0.8 Percent in July Mortgage Rates Continue to Drop HUD Announces Disaster Assistance For Victims of Hurricane Harvey Staging: More Money, Fewer Days on Market, Report Shows HUD raising up-front fees for reverse mortgages Low-Income Renters
Are Your Eyebrows Raised for Fannie and Freddie’s Appraisal-Free Products? Read More »
Today’s News Synopsis: Is mandatory solar on its way? The National Association of Realtors reported pending homes sales decreased 0.8% in July, their fourth time in five months to decrease. Freddie Mac reported another decrease in mortgage rates with 30-year rates now at 3.82% and 15-year rates 3.12%. In The News: National Association of Realtors –
St. Petersburg May Be the First To Do So. Will Others Follow? Read More »
Today’s News Synopsis: When it comes to business creation, what state comes to mind? Out of the all the counties in the U.S. with the fewest number of homeowners per capita, Los Angeles is at the top of the list. Governor Brown and other lawmakers are setting to work on several bills they hope will
California Led the Way By Adding 51,835 Companies From 2014-2017 Read More »
Today’s News Synopsis: Changes are coming to Reverse Mortgages says HUD. Even the least expensive apartments are becoming too much for low-income renters to be able to afford. Home prices in Southern California increased drastically in July by 7.7% despite short supply. In The News: Freddie Mac – “Freddie Mac to Suspend All Evictions and Foreclosures
HUD Is Raising Up-Front Fees and Tightening Program Limits in September Read More »
Today’s News Synopsis: HUD announces assistance for Hurricane Harvey victims. Appraisers respond to Fannie and Freddie “appraisal free mortgage product.” A recent survey from the National Association of Realtors found that 62% of sellers’ agents believe staging a home helps it stay less time on the market as well as increases the selling price. In
Does the Appraisal Industry Need to Adapt? Read More »
Real Estate News Recap: July Construction Starts Increase 6 Percent New-home sales skid to 7-month low in July Existing-Home Sales Slide 1.3 Percent in July 30-Year Mortgage Rate Hits 2017 Low No money down mortgages? This credit union welcomes them back Homes with Over 30 Favorites Sell in Under Two Weeks and for More Money
What’s Your Strategy For Investing in Uncertain Markets? #368 Read More »
On Friday, September 22, the Norris Group proudly presents its 10th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. All proceeds from the event benefit Make a Wish and St.
William E. Brown of NAR Joins Bruce Norris on the Real Estate Radio Show #553 Read More »
