Today’s News Synopsis:

Republican Bob Corker and Democrat Mark Warner are coming together with the same idea to split up both of the GSEs.  Aaron Norris of the Norris Group was featured in an article explaining the best strategy for real estate investors to generate leads.  The latest S&P CoreLogic Case-Shiller Indeces showed home prices are continuing their upward trend year-over-year, coming in at 5.5% in April.

In The News:

Fit Small Business – “Yellow Letters: The Best Lead Gen Strategy for Investors?” (6-27-2017)

“If you’ve been in the real estate investing world for more than a few months, chances are you’ve heard about yellow letters.
At first blush they seem almost too good to be true.”

CNBC – “A Republican and a Democrat team up to split Fannie Mae and Freddie Mac” (6-27-2017)

“In the Senate, a Republican and a Democrat are working on a bipartisan deal to change the housing finance industry.  Tennessee Republican Bob Corker and Virginia Democrat Mark Warner are considering a plan that would split up Fannie Mae and Freddie Mac, according to Bloomberg.”

Freddie Mac – “Will the Hispanic Homeownership Gap Persist” (6-27-2017)

“Freddie Mac (OTCQB: FMCC) released its Insight for June, which looks at the gap in the Hispanic homeownership rate and explores if it will persist over time like it has for African-Americans or if it will close over time like it did for other immigrant populations.”

Realtor.com – “Where the Beach Meets a Bygone Era: 8 Stunning Victorians Near the Water” (6-27-2017)

“It’s the American warm-weather dream: living close to the water. Now imagine that, but in a home that surpasses a tiny beach cottage. We’re saying you have a chance—if you’re willing to embrace a vibrant Victorian.”

Bloomberg – “U.S. Consumer Confidence Unexpectedly Rises” (6-27-2017)

“An unexpected rebound in U.S. consumer confidence reflects a buoyant labor market and improved business conditions, though Americans are slightly less optimistic about where things will be in six months, data from the New York-based Conference Board showed Tuesday.”

S&P Dow Jones Indices – “The S&P CoreLogic Case-Shiller National Home Price NSA Index Sets Record For Five Consecutive Months” (6-27-2017)

“S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.”

MarketWatch – “Here’s how to invest in real estate – think Warren Buffett-style, not shopping malls” (6-27-2017)

“It’s beginning to feel like a summer lull out there for markets.  But a herd of Fed speakers — including Janet Yellen — could break the pre-holiday spell and deliver a last-minute shake-up as this year’s first half wraps up today.”

New York Post – “High-profile deals disguising commercial real estate market’s anxiety” (6-27-2017)

“Manhattan’s office market could be headed for trouble despite today’s solid-seeming condition and euphoria over big chunks of space being gobbled up by marquee tenants at glamorous new towers.”