Real Estate News Recap: Redfin Report: Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter CoreLogic Loan Performance Insights Finds Overall U.S. Mortgage Delinquency and Foreclosure Rates Lowest for May in 12 Years Builder Confidence Remains Firm in August Housing Starts Hold Their Ground in July Mortgage Rates
On Friday, September 28, the Norris Group proudly presents its 11th 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, tech disruption, and opportunities emerging for real estate professionals. All proceeds from the event
Today’s News Synopsis: Manufactured housing is making a comeback. Housing starts remained firm last month, having increased 0.9% to 1.17 million units according to HUD and the Commerce Department. Mortgage rates decreased slightly with 30-year rates now at 4.53% and 15-year rates at 4.01%. In The News: NAHB – “Housing Starts
Today’s News Synopsis: The electrifying factor affecting your property’s value. Builder confidence continues to remain strong, coming in at 67 for the month of August. Home remodeling increased drastically over 5 years by 30%. In The News: NAHB – “Builder Confidence Remains Firm in August” (8-15-2018) “Builder confidence in the market
Today’s News Synopsis: More than 6 million homes are missing from the U.S. housing market. Both foreclosure and mortgage delinquency rates were at their lowest in 12 years in May according to to CoreLogic. How much do you need to make in the major U.S. cities in order to live
Today’s News Synopsis: What are the best neighborhoods for buying rental homes? The multifamily market continues to remain strong according to the latest analysis from Freddie Mac. Meanwhile, luxury home prices showed a 5% slowdown in their growth. In The News: ATTOM Data Solutions – “Best Neighborhoods for Buying Rental Homes”
Real Estate News Recap: Mortgage Credit Availability Increased in July Mortgage Applications Decrease in Latest MBA Weekly Survey Metro Home Prices Climb to New All-Time High; Rise 5.3 Percent in Second Quarter Inventory Climbing in One-Third of Largest U.S. Cities One in 10 U.S. Properties Seriously Underwater in Q2
On Friday, September 28, the Norris Group proudly presents its 11th 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, tech disruption, and opportunities emerging for real estate professionals. All proceeds from the event
Today’s News Synopsis: What’s the best investment over the last 150 years? In the second quarter of 2018, 1 in 10 properties was seriously underwater. Mortgage rates decreased only slightly with 30-year rates now at 4.59% and 15-year at 4.05%. In The News: Zillow – “The U.S. Will Gain 23 New
Today’s News Synopsis: All 50 of the largest US cities saw a rise in the share of renters. The Mortgage Bankers Association reported a 3% decrease in mortgage applications from last week. One-third of the largest cities in the U.S. are seeing increases in available inventory. In The News: Zillow –
The Norris Group 1845 Chicago Avenue, Ste C, Riverside, CA 92507 Tel: (951) 780-5856 Fax: (951) 780-9827 E: info@thenorrisgroup.com
©2017 The Norris Group. All rights reserved.
Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
