Archive for the ‘Articles’ Category

Sean O’Toole of PropertyRadar Joins Bruce Norris on the Real Estate Radio Show #552

August 18th, 2017

  Founder and CEO of PropertyRadar (Full Bio)   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

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“Bridge Program” Needs More Time To Be Modified

August 17th, 2017

Today’s News Synopsis: FHFA is extending HARP through December 31, 2018.  Since 2014, the number of neighborhoods added in the U.S. with homes totaling $1 million is 346.  Redfin reported a 3.5% decrease in home sales in July, marking the 22nd month in a row to see sales decline. In The News: Zillow –

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How Will a Recession Impact the Real Estate Market?

August 16th, 2017

Today’s News Synopsis: Experts are predicting a recession within three years.  The National Association of Realtors reported a 6.2% increase in home prices in the second quarter.  In addition, existing home sales decreased from the first quarter by 0.9% to 5.57 million due to lackluster supply. In The News: Zillow – “Another Recession Will

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Store Wars….Trader Joes, Whole Foods…..ALDI???

August 15th, 2017

Today’s News Synopsis: Attom Data Solutions shows you what grocery store is better for investors.  The NAHB reported builder confidence increased this month by 4 points and now stands at 68.  Affordable homes are becoming more and more rare, leaving many more having a harder time finding a place to live. In

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Do You Think of Real Estate When You Look At Facebook?

August 14th, 2017

Today’s News Synopsis: Facebook has launched “Dynamic Ads For Real Estate.”  According to the latest Equity report from CoreLogic, the percentage of homes in the U.S. with positive equity is at a high percentage of 93.9%.  Realtor.com figured out how long it would take to save for a down payment on

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Zillow Snaps Back on Their Instant Offers

August 11th, 2017

Real Estate News Recap: Black Knight’s June Mortgage Monitor: Low-Down Payment Purchase Lending at Seven-Year High 2nd Qtr Housing affordability report Mortgage Rates Inch Lower July New Home Purchase Mortgage Applications Increased 5.1 Percent Year over Year Market Favoring First-Timers Stop with the retail apocalypse: Mall, shopping center landlords are tired of industry chatter Baby Boomers Who

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Bruce Joins David Kittle of the Mortgage Collaborative on the Norris Group Real Estate Radio Show #551

August 11th, 2017

    President of the Mortgage Collaborative (Full Bio)   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

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“Sellers Need a Trusted Adviser (Realtors) They Can Lean On”-Zillow

August 10th, 2017

Today’s News Synopsis: Instant Offers:  Zillow tells you what it is, isn’t, what they learned and where it’s going.  Housing affordability is lower with increased home prices and tight inventory, standing at 29% compared to 32% in the first quarter.  Mortgage rates also decreased again with 30-year rates at 3.9% and

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The Power Struggle Over Real Estate Listings Continues

August 10th, 2017

Today’s News Synopsis: The power struggle over real estate listings in New York continues with Zillow and Realtor.com, and REBNY is in the middle.  Mortgage applications increased 3% last week with the recent decrease in interest rates.  Black Knight Financial Services reported foreclosures decreased in June to levels not seen in

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Is Aging In Place Dominating the Housing Market?

August 8th, 2017

Today’s News Synopsis: Baby Boomers who refuse to sell are adding to housing shortage.  A recent study from Trulia showed those with a greater chance of owning a home and higher ownership rates were those who graduated from college and received advanced degrees.  An entire street in San Francisco was just

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