GSEs Could Become Independent Under Trump

December 2nd, 2016

Sources: Seriously Underwater Homes Heat Map US home prices hit new peak, up 5.5% in September: S&P CoreLogic Case-Shiller Pending home sales in October up 0.1% pre-election, before rate spike U.S. Home Refinance Originations Increase 16 Percent in Q3 2016 Mortgage Rates Continue Climbing Chinese real estate site falls after revenue miss, cites regulatory challenges Getting Chinese

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I Survived Real Estate 2016 Part 6 on the Real Estate Radio Show #515

December 2nd, 2016

    I Survived Real Estate 2016 Part 6 (Full Bio)   On Friday, October 21, the Norris Group proudly presents its 9th 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.

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Mortgage Interest Deductions Could Be Cut Under Trump Administration

December 1st, 2016

Today’s News Synopsis: The latest report from ATTOM Data Solutions showed a 16% increase in home refinance originations in the third quarter.  Freddie Mac reported mortgage rates increased again with 30-year rates now at 4.08% and 15-year at 3.34%.  One of the things Trump could potentially be cutting are mortgage

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Federal Reserve Reported Continued Economic Expansion in Most of the Country

November 30th, 2016

Today’s News Synopsis: The Mortgage Bankers Association reported a 9.4% decrease in mortgage applications from last week.  The National Association of Realtors reported pending home sales increased by just 0.1%, showing people were more careful to buy before the election.  The Federal Reserve reported continued economic expansion in most of

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Home Prices in U.S. Increase to New Highs in September

November 29th, 2016

Today’s News Synopsis: Home prices in the U.S. increased 5.5% in September to new highs.  GDP increased in the third quarter, fueled by an increase in consumer spending according to the Commerce Department.  Fewer consumers and investors are choosing to live near the coast as they believe it to be a

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ATTOM Data Solutions Releases Latest Home Equity and Underwater Report

November 28th, 2016

Today’s News Synopsis: Zillow is facing a lawsuit for which it has agreed to pay $6 million over alleged violation of federal labor laws.  ATTOM Data Solutions released their latest Home Equity and Underwater Report for the third quarter showing a decrease in seriously underwater homes.  Fewer and fewer Chinese

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New Home Sales Decreased 1.9% to 536,000 in October

November 23rd, 2016

Sources: Cash Sales Accounted for 31 Percent of All Home Sales in August Existing home sales hit nearly 10-year high Blue state buyers swing to red state rentals Modest Economic Growth Expected Despite Legislative and Regulatory Uncertainty CFPB asks full court to rehear constitutionality case Will Donald Trump Be Good for Home Prices? Today’s News Synopsis: Aaron

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I Survived Real Estate 2016 Part 5 on the Real Estate Radio Show #514

November 23rd, 2016

    I Survived Real Estate 2016 Part 5 (Full Bio)   On Friday, October 21, the Norris Group proudly presents its 9th 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.

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Existing Home Sales at Highest in 10 Years

November 22nd, 2016

Today’s News Synopsis: 31% of home sales completed in August were cash sales according to CoreLogic.  Existing home sales are at their highest in 10 years at 5.6 million according to the National Association of Realtors.  According to a recent ruling by the California Supreme Court, the sales rep for

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3.4 Million Single Family Investment Homes Owned By Out of State Investors

November 21st, 2016

Today’s News Synopsis: 3.4 million single-family investment homes in the U.S. are owned by investors outside of their home state, and a lot of them are homes in red states being owned by investors from blue states.  Fannie Mae released their latest 2016 Economic and Housing Outlook, showing they expect

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