Posts Tagged ‘real estate investing’

Housing Market Value Increases With Rise in Equity

January 23rd, 2017

Today’s News Synopsis: Trump made a decision today to reverse a fee cut that would have been applied to FHA loans.  Insider experts gave a recent list of luxury home items that could be gone in the next two decades, including home theaters and master suites.  Housing market value increased

Read More »

California Association of Realtors Releases Its Latest Report on the Housing Market

January 20th, 2017

Sources: Builder Confidence Holds Firm in January Mortgage Applications Increase in Latest MBA Weekly Survey Nationwide Housing Production Up 11.3 Percent in December on Multifamily Surge Remodeling Market Optimism Remains Positive in Fourth Quarter Mortgage Rates Lower for Third Consecutive Week Soros Says Markets to Slump With Trump, EU Faces Disintegration Inglewood real estate market expected to

Read More »

The Norris Group’s Craig Hill Joins Bruce Norris on the Real Estate Radio Show #522

January 20th, 2017

    Norris Group Loan Officer (Full Bio)   Bruce Norris is joined again this week by The Norris Group’s very own Craig Hill. Bruce has known Craig for over 20 years. He has been running the loan business, getting people invested in trust deeds, and dealing with the borrowers. Episode Highlights What is a trust deed? How did

Read More »

Mortgage Rates Drop Again For Third Week in a Row

January 19th, 2017

Today’s News Synopsis: Production on multifamily houses across the nation increased 11.3% in December to 1.23 million.  Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53.  Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates

Read More »

Ruling Made By Ninth Circuit Court in Favor of Fannie Mae has been Overruled

January 18th, 2017

Today’s News Synopsis: The NAHB reported builder confidence continues to hold steady, having only decreased 2 points to 67.  The Mortgage Bankers Association reported a 0.8% increase in mortgage applications from last week.  A ruling made by the Ninth Circuit Court allowing Fannie Mae to bring state lawsuits directly to

Read More »

Memories of Financial Crisis Hindering Buying Despite Home Values Increasing

January 17th, 2017

Today’s News Synopsis: Despite the values of homes increasing, consumers are still hesitant to buy due to painful memories of the financial crisis.  Deutsche Bak reaches settlement of $7.2 billion with Justice Department for dishonest practices.  Real estate purchases in Brooklyn are exceeding those of Manhattan. In The News: CNBC – “Rising home

Read More »

Profit and Mortgage Numbers Positive for 4 Large Banks

January 13th, 2017

Sources: Housing Sentiment Dampened by Rising Rates, Depsite Improved Economic Confidence Post-Election 55+ Housing Market Shows Continued Growth CoreLogic Reports 26,000 Completed Foreclosures in November 2016 Confidence in the Economy is Surging Mortgage Rates Lower Again Dubai’s Real Estate Markets Poised to Rebound in 2017 Housing Will Continue Gradual Climb to Higher Ground in 2017 Carson Spells Out

Read More »

Foreclosure Filings Decreased to their Lowest in 10 Years Last Year

January 12th, 2017

Today’s News Synopsis: Foreclosure filings decreased to their lowest in 10 years last year according to the latest ATTOM Data Solutions report.  Mortgage rates decreased again for the second week in a row with 30-year rates at 4.12% and 15-year rates at 3.37%.  Dr. Ben Carson told the Senate Banking

Read More »

NAHB Stated Multifamily Market Continues To Remain Strong Despite Slight Slowdown

January 11th, 2017

Today’s News Synopsis: The NAHB gave an update on the multifamily housing market at their latest International Builders’ Show, saying it has slowed down a little but continues to remain strong.  On the same note, Freddie Mac was named the top lender for multifamily loans for the second consecutive year.

Read More »

Single-Family Production To Continue to See Growth in the Coming Year

January 10th, 2017

Today’s News Synopsis: The NAHB reported growth in the housing market for the 55 and up age group, growth they expect to see continue.  26,000 foreclosures were completed in November according to CoreLogic’s November foreclosure report.  The NAHB also reported single-family production will continue to grow in the coming year

Read More »