Today’s News Synopsis: Zillow is partnering with builders. The National Association of Realtors Reported existing-home sales increased by 1.3% in August. Mortgage rates increased greatly this week with 30-year rates now at 3.73% and 15-year rates at 3.21%. In The News: Freddie Mac – “Mortgage Rates Jump” (9-19-2019) “Freddie Mac (OTCQB: FMCC)
Today’s News Synopsis: Affluent art collectors may have an opportunity at a tax break thanks to opportunity zones. Housing starts showed a healthy increase in August at 12.3%. Mortgage applications remained relatively the same, having decreased by only 0.1%. In The News: NAHB – “Housing Starts Post Healthy Gains in August”
Today’s News Synopsis: Are single-room rentals the future of low cohousing? New home purchase mortgage applications increased 33% last month according to the Mortgage Bankers Association. The NAHB reported builder confidence increased one point to 68 this month, putting it at a yearly high. In The News: NAHB – “Builder Confidence
Today’s News Synopsis: Offerpad wants to get buyers in a new house in 24 hours. Where are the top ten cities where those in the tech industry can afford to live? Which counties have the worst foreclosure rates for August? In The News: Inman – “Offerpad wants to get buyers in
Real Estate News Recap: Mortgage Applications Increase in Latest MBA Weekly Survey CoreLogic Reports an 11.4% Year-Over-Year Decrease in Mortgage Fraud Risk in the Second Quarter of 2019 Mortgage Rates Increase Mortgage Credit Availability Decreased in August The Heart-Wrenching Reality of Revisiting Your Childhood Home, Decades Later This city’s
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
Today’s News Synopsis: Commercial spots are all the rage in Hollywood…too bad there’s not many available. Freddie Mac reported mortgage rates went up this week with 30-year rates now at 3.56% and 15-year rates at 3.09%. The amount of available mortgage credit decreased last month by 3.9%. In The News:
Today’s News Synopsis: Buying and selling a home could soon be as easy as trading stocks. The Mortgage Bankers Association reported a 2% increase in mortgage applications from last week. Mortgage fraud risk decreased by 11.4% year-over-year in the second quarter according to CoreLogic. In The News: Mortgage Bankers Association –
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 –
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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Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
