OUR NEWS

Sep 10, 2019

From Order To Built In 2 Weeks!

Today’s News Synopsis: Abodu becomes San Jose’s first pre-approved ADU builder.  Home prices are going down after having seen increases for a long time, but that may not necessarily be a good thing.  Experts expect to see a shortage in housing construction until at least 2022. In The News: MarketWatch –

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Sep 09, 2019

New Owners, New Changes

Today’s News Synopsis: The heart-wrenching reality of revisiting you childhood home.  What are some things you can do to ease the burden of packing up and moving?  Which city’s real estate market is least likely to go down in the next recession? In The News: MarketWatch – “This city’s real estate

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Sep 06, 2019

Did You Hear About The Flier Bandit? #468

 Real Estate News Recap: Home Price Increases Nudged Up In July Mortgage Applications Decrease in Latest MBA Weekly Survey California building permits drop to lowest level since recession Mortgage Rates Drop California governor announces deal to cap rising rent prices Realogy makes major structural changes amid market stumble Older

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Sep 06, 2019

The U.S. Economy With Christopher Thornberg #659

On Friday, September 27, the Norris Group proudly presents its 12th annual award-winning black tie event I Survived Real Estate.  An incredible lineup of industry experts will join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, massive tech disruption, and opportunities emerging for real estate professionals. All

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Sep 05, 2019

Maybe The “Flier Bandit” Got You

Today’s News Synopsis: Is your house not selling?  Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.49% and 15-year rates at 3%.  The new plan for the GSEs is expected to be revealed very shortly. In The News: Freddie Mac – “Mortgage Rates Drop” (9-5-2019) “Freddie

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Sep 04, 2019

What About That Home Makes You Tick?

Today’s News Synopsis: Realtor.com listed 11 quirks that can prevent you from selling your home?  The Mortgage Bankers Association reported a 3.1% decrease in mortgage applications from last week.  Building permits in California decreased 10% last month to their lowest since the recession. In The News: Mortgage Bankers Association – “Mortgage

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Sep 03, 2019

Deal Would Cap Annual Rent Increases At 5% Plus Inflation and 10% Max

Today’s News Synopsis: California governor announces deal to cap rising rents.  Home prices increased slightly in July by 3.6% year-over-year.  Which age group is driving home prices up again?  Believe it or not, it’s the older millennials. In The News: HousingWire – “Artificial intelligence in residential real estate: Reality or hype?”

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Aug 30, 2019

What Impact Will Chinese Tariffs Have On The Housing Market? #467

 Real Estate News Recap: Home Price Gains Slide Again In June To 3.1%: Is This The New Normal? Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage Rates Generally Hold Steady Pending Home Sales Decline 2.5% in July 10 Home Upgrades That Attract Millennial Buyers New Teachers Spend Nearly

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Aug 30, 2019

Appraisals With Stephen Wagner #658

On Friday, September 27, the Norris Group proudly presents its 12th annual award-winning black tie event I Survived Real Estate.  An incredible lineup of industry experts will join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, massive tech disruption, and opportunities emerging for real estate professionals. All

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Aug 29, 2019

Sorry Millennials. No 2008 Bargains In This Recession

Today’s News Synopsis: A recession won’t help you buy a house.  Mortgage rates increased slightly from last week but generally held steady with 30-year rates now at 3.58% and 15-year rates at 3.06%.  The National Association of Realtors reported a 2.5% decrease in pending home sales in July. In The

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