CALIFORNIA REAL ESTATE EXPERTS

The Norris Group has been part of the California real estate investor community for almost 20 years. We provide award-winning resources as well as private money lending specifically built for flippers, landlords, and builders. We look forward to funding your next deal or providing you with valuable insights into the California to keep your profitable in California’s ever-changing real estate marketing.

Latest News

Apr 26, 2018
Millennial Homeownership Drops After A Good Run

Today’s News Synopsis: Millennials are ”so over” homeownership.  Inventory is at its lowest in history, while most of the homes for sale are the most expensive.  Mortgage increase again to a four-year high with 30-year rates at 4.58% and 15-year rates at 4.02%. In The News: Zillow – “Inventory at

Apr 25, 2018
Effects Of Redlining Are Still Visible In Today’s Market

Today’s News Synopsis: Homes in formerly redlined areas still trailing in value.  HUD Secretary Ben Carson proposed changes to be made to current rent policies that would make them predictable and easier to understand.  Home prices may see another increase as building materials are becoming more expensive. In The News:

Apr 24, 2018
More Options Means Less Down and Riskier Debt

Today’s News Synopsis: Homebuyers are stretching budget and mortgage limits.  HUD and the Census Bureau reported a 4% increase in new homes sales for the month of March.  Home prices also picked up across the country according to the latest Case-Shiller Index. In The News: National Association of Realtors –

Apr 23, 2018
Put Your Boxing Gloves On If You’re Heading To These Markets

Today’s News Synopsis: Bidding wars are spring up in some surprising places.  The National Association of Realtors reported a 1.1% increase in existing-home sales last March.  Luxury developers could benefit from a new tax break that poorer neighborhoods are about to receive. In The News: Realtor.com – “Housing Knife Fights! 

Apr 20, 2018
Did You Hear Zillow is Coming After Your Deals? #400

 Real Estate News Recap: Builder Confidence Slips One Point, Remains in Solid Territory Housing Starts Rise 1.9 Percent on Multifamily Surge Home prices just took the biggest jump in four years Rates Rise to Highest of 2018 Are You Built for a Do-It-Yourself House Kit? California lawmakers killed one

Apr 19, 2018
Nearly 2 Million People STILL Owe More Than Their House Is Worth

Today’s News Synopsis: Why do underwater homeowners keep paying the mortgage?  Mortgage rates increased to their highest this year with 30-year rates now at 4.47% and 15-year rates at 3.94%.  Home prices saw their biggest increase in four years, having increased 8.9%. In The News: Realtor.com – “What’s Holding Back

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