Norris Bruce
Jun 17, 2019

Mid-Century Modern Tops The List, But California Loves Hollywood Regency

Today’s News Synopsis:

What is every state most popular interior design style?  Home sales increased in May with both the lower interest rates and median prices reaching another high.  Builder confidence remained strong in June according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.

In The News:

MarketWatch “Opinion: 5 signs that home prices could be rolling over again” (6-17-2019)

“There are growing signs that U.S. home prices are no longer rising. If this is indeed the case, now is the time for sellers or prospective sellers to take a good look at the state of housing markets around the country.”

NAHB “Builder Confidence Solid in June Amidst Growing Economic Uncertainty” (6-17-2019)

“Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.”

Apartment Therapy “This Is the Most Popular Interior Design Style In Your State” (6-17-2019)

“Ever wonder if preferred interior design styles might vary from state to state? We sure do.”

California Association of Realtors “Lower interest rates perk up May home sales as median price reaches another high” (6-17-2019)

“California’s median home price edged higher to another peak for the second straight month as lower interest rates helped bolster home sales in May, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.”

Realtor.com “What Is a Tankless Water Heater?  The Key to Endless Hot Showers, but With a Catch” (6-17-2019)

“What is a tankless water heater? Also called “demand-type” or “instantaneous water heaters,” these devices deliver warm water only when you want it.”

Wall Street Journal – “New York Passes Overhaul of Rent Laws, Buoying Wider Movement to Tackle Housing Crunch” (6-17-2019)

“In passing a sweeping overhaul of rent laws on Friday, New York state lawmakers gave a boost to a movement among state capitals to try to address rental-housing affordability.”

Consumer Reports “6 Smart-Home Upgrades to Help Sell Your House” (6-17-2019)

“The stock advice for homeowners putting a house on the market used to go something like this: Give the exterior, or the front door, a fresh coat of paint; tame unruly shrubs; and swap out a few light fixtures.”

Forbes “Fear Not, Investor: Three Reasons Real Estate Scares Us (And Why it Shouldn’t)” (6-17-2019)

“Why is real estate so scary to so many of us? How do we find ourselves in this relationship where we live in something and are simultaneously intimidated by it?”

 

California Real Estate Investor Events

Bruce and Aaron Norris will be speaking at the NSDREI 15th Anniversary Dinner Party on Tuesday, June 18.

Aaron Norris will be presenting Innovative Real Estate Marketing with LA South REIA on Monday, July 8.

Aaron Norris will be presenting Innovative Real Estate Marketing with LA South REIA on Wednesday, July 10.

 

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