Posts Tagged ‘treasury’

The Norris Group Real Estate News Roundup 11/30/12

November 30th, 2012

Sources: October pending and distressed sales report October Marks 12 Months of Home Value Increases Sustained home price gains show strength of recovery Sales of New U.S. Homes Fell 0.3% in October New-home sales up 17.2 percent from a year ago Pending home sales reach five-year high GDP Up 2.7% in Q3, Corporate Profits Grow Initial Unemployment Claims

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The Norris Group Real Estate News Roundup 11/16/12

November 16th, 2012

Sources: Third Quarter Commercial/Multifamily Mortgage Originations Down 7 Percent from Q3 2011 Drop in U.S. mortgage delinquency rates led by California, Arizona CoreLogic: Rising house prices linked to rental demand Housing market in Southern California makes October gains October 2012 Real Estate Data Uncertainty, QE3 push mortgage rates to new lows Nationwide Housing Affordability Improves in Third

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The Norris Group Real Estate News Roundup 11/5/12

November 5th, 2012

  Today’s News Synopsis: The number of bank failures increased to 49 this week with the closure of two more banks in Illinois and Florida.  Home prices increased 2.9% in October, while rentals increased 5.1% from last year.  Several real estate companies are banding together to provide relief for the victims of

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The Norris Group Real Estate News Roundup 10/26/12

October 26th, 2012

Sources: LPS: Delinquency Rate Suddenly Spikes in September Three Bank Failures Raise 2012 Tally to 46 Mortgage Applications Decrease in Latest MBA Weekly Survey U.S. Home Prices Rose 0.7% in August From July, FHFA Says New-home sales up 27 percent from a year ago Pending home sales up for 17th consecutive month Mortgage Rates in U.S. Increase

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The Norris Group Real Estate News Roundup 10/5/12

October 5th, 2012

Sources: CoreLogic: Home prices rise 4.6% from last year Illinois Bank Failure Raises 2012 Tally to 43 Real Estate Outlook: Housing Starts Rise Foreclosures Decline but Remain High, Prepayments Surge: LPS Unemployment Rate Falls to 7.8% NY AG files mortgage bond suit against JPMorgan, Bear Stearns, EMC FHFA announces second winning bidder in REO pilot program Waypoint Secures

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The Norris Group Real Estate News Roundup 8/16/12

August 16th, 2012

Today’s News Synopsis: Mortgage increased again for the third week in a row to 3.62%.  Housing starts decreased 1.1% to 746,000 according to NAHB.  Unemployment claims increased by 2,000 last week according to the Labor Department.  According to a recent study by Ellie Mae, more community banks feels affected by the

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The Norris Group Real Estate News Roundup 7/26/12

July 26th, 2012

Today’s News Synopsis: Mortgage rates are at 3.49% for 30-year mortgages and 2.8% for 15-year, new record lows according to Freddie Mac.  Unemployment claims decreased 35,000 for the week ended July 21 and were at 353,000.  Pending home sales decreased 1.4% last month despite showing an increase the month prior. In The

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The Norris Group Real Estate News Roundup 7/25/12

July 25th, 2012

Today’s News Synopsis: New home sales decreased to 350,000 in June and are now at their lowest in five months.  Mortgage applications increased 0.9% from last week according to the Mortgage Bankers Association.  Senator Jef Merkley just submitted a plan to help underwater homeowners by having the government buy up to

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The Norris Group Real Estate News Roundup 6/29/12

June 29th, 2012

Sources: New home sales surge to 2-year high; prices rising Moody’s/RCA: CRE Prices Fell in April, Major Markets Lead Recovery Consumer confidence falls for 4th straight month Mortgage Applications Decrease in Latest MBA Weekly Survey Pending Home Sales Index Jumps in May Jobless claims fall slightly Mortgage rates hardly move: Freddie Mac GDP Growth at 1.9% in Q1

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The Norris Group Real Estate News Roundup 6/25/12

June 25th, 2012

Today’s News Synopsis: In a big news story, new home sales were at 369,000 last month, the highest they have been in two years as prics continue to increase.  Prices for commercial real estate property decreased last April in almost every sector.  Pending home sales also decreased 5.5% in April according

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