What Would You Do With Ailing Shopping Malls?

Real Estate News Recap:

Pending Home Sales Recover in June, Grow 1.5 Percent
Black Knight Home Price Index Report: May 2017 Transactions
Commercial/Multifamily Borrowing Up 20 Percent Year-over-Year
CoreLogic US Home Price Report Shows Prices Up 6.7 Percent in June 2017
Realtors Report Finds 11 Percent Increase in Commercial Member Income, 19 Percent Increase in Sales Transaction Volume
U.S. adds impressive 209,000 jobs in July as jobless rate matches 16-year low
Mortgage Rates Hold Steady
Builder Confidence in the 55+ Housing Market Strengthens in Second Quarter
Is Airbnb Really Ruining Rental Markets?
Rents rise in LA for the sixth month in a row
Some big brokerages body slam Zillow in NYC
All in the Family: Multigenerational Living Makes a Comeback
Rising Rents Lead to Increased Homeless Population
Grocery stores could save dying suburban shopping malls

 

Bruce Norris will be presenting his latest talk 10 Life-Changing Days of a Real Estate Investor with InvestClub for Women on Wednesday, August 16.

Bruce Norris will be presenting his latest talk 10 Life-Changing Days of a Real Estate Investor with SJREI on Thursday, September 14.

Bruce Norris will be presenting Cashing In On A Boom up in San Jose on Saturday, September 16.

Looking Back:

In their latest report, Freddie Mac said mortgage rates decreased again to their lowest for this year with 30-year rates at 3.43% and 15-year rates at 2.74%.  The latest Leading Market Index from First American and NAHB showed a large number of markets were either at or above normal levels, 146 out of 340.  Employment was also shown to be returning to normal levels after two months of uncertainty.

For more information about The Norris Group’s California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor calendar. You’ll also find our award-winning real estate radio show on KTIE 590am at 6 pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.

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