Aaron and Bruce Norris Join Realtors Chris and Molly Silva on the Norris Group Real Estate Radio Show #544

June 23rd, 2017

    Sibling Realtors with Silva Group Realty Executives (Full Bio)   Aaron Norris is joined again this week by Bruce Norris and Molly and Chris Silva. They are realtors and investors based in Riverside, and they followed in the footsteps of their father Steve Silva. Bruce Norris worked extensively with him over the course

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Zillow Showed Homes for Sale Decreasing at Fastest Rate Since 2013

June 22nd, 2017

Today’s News Synopsis: Zillow’s latest real estate market report showed homes for sale are not only decreasing but are doing so at their fastest rate since 2013.  Freddie Mac reported mortgage rates remained relatively the same with 30-year rates at 3.9% and 15-year rates at 3.17%.  Lower-end buyers are having less

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CAR’s Latest Home Sales and Price Report Shows Increase in Existing Home Sales

June 21st, 2017

Today’s News Synopsis: The latest home sales and price report from the California Association of Realtors showed existing home sales increased 5.4% month-over-month and 2.6% year-over-year.  CoreLogic is expected to announce next week how they did financially in the second quarter.  GoBankingRates released a list of the few places left where

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Zillow Shows Living Near a Natural Food Store Can Increase Your Home Appreciation

June 20th, 2017

Today’s News Synopsis: Zillow’s latest report showed your home could appreciate better if you live near a natural food store such as Whole Foods or Trader Joe’s.  Mortgage credit risk increased in the first quarter by 3. points to 105.6 according to CoreLogic.  Real estate transactions involving commercial properties decreased drastically

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Report From GoBankingRates Shows Where Cost of Living is the Highest

June 19th, 2017

Today’s News Synopsis: A recent report from GoBankingRates showed which cities are seeing the cost of living increase the most.  In addition, Realtor.com released its own list of the top cities where homes listed at $1 million and more are increasing.  Fannie Mae just released their economic and housing outlook report

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Housing Starts Decreased 5.5% Last Month

June 16th, 2017

Sources: CoreLogic Reports Mortgage Delinquencies Dropped to a 10-Year Low in March 2017 Builder Confidence Remains Solid in June Mortgage Rates Inch Up After Extended Decline U.S. Jobless Filings at Three-Week Low Amid Strong Labor Market Early Birds and Night Owls: We’ve Found the Best U.S. Cities for You New real estate developments abound up and

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Aaron and Bruce Norris Join Realtors Chris and Molly Silva on the Norris Group Real Estate Radio Show #543

June 16th, 2017

    Sibling Realtors with Silva Group Realty Executives (Full Bio)   Aaron Norris is joined this week by Bruce Norris and Molly and Chris Silva. They are realtors and investors based in Riverside, and they followed in the footsteps of their father Steve Silva. Bruce Norris worked extensively with him over the course of

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NAHB Report Shows Builder Confidence Remains Strong

June 15th, 2017

Today’s News Synopsis: The NAHB reported builder confidence continues to remain strong, having decreased only slightly to 67 from 69.  Freddie Mac reported mortgage rates increased slightly after having steadily decreased for a long time; 30-year rates now stand at 3.91% and 15-year rates at 3.18%.  The pace at which homes

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Interest Rates Saw the Third Increase Today by the Federal Reserve Since 6 Months Ago

June 14th, 2017

Today’s News Synopsis: In a breaking news story, the Federal Reserve raised interest rates today for the third time in six months and plans to raise them one more time.  However, they may reconsider this decision with the drastic decrease and slowdown in consumer-price inflation.  More wealthy home buyers are going

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Mortgage Delinquencies Decrease in March to Lowest in 10 Years

June 13th, 2017

Today’s News Synopsis: Mortgage delinquencies decreased 0.8% to 4.4% in March, their lowest in ten years.  Realtor.com released their latest list showing the most expensive homes being sold on the market.  REALICITY just announced its plans to release their new business model in New York very soon. In The News: CoreLogic – “CoreLogic Reports

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