Aaron Norris

COVID-19: Apartment Real Estate With Kris German #697

Bruce Norris is joined this week by Kris German. He is Vice President of investments in the LA and San Bernardino counties. He specializes in selling multi-family residential properties since joining RE/MAX Commercial in 2007. He constantly ranks among the top three commercial agents within the RE/MAX commercial national division over the last twelve years. …

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There Are A Few Things Your Lender Wants You To Know

Today’s News Synopsis: Getting a mortgage during the pandemic?  Mortgage rates decreased again to another all-time low with 30-year rates now at 3.15% and 15-year rates at 2.62%.  Despite an increase in foreclosure moratoriums, the amount of zombie properties holds steady. In The News:   Freddie Mac – “Mortgage Rates Hit Another All-Time Low” (5-28-2020) …

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COVID-19 Relief Options

Today’s News Synopsis: Fannie and Freddie launch resource sites.  The Mortgage Bankers Association reported mortgage applications increased 2.7% from last week.  How are boomers’ plans for retirement being impacted by the coronavirus? In The News: Realtor.com – “How the Coronavirus Is Changing Some Boomers’ Real Estate Plans for the Better” (5-27-2020) “For baby boomers, the …

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Two Words: Larger Space

Today’s News Synopsis: How will the coronavirus affect our future habits and social behaviors?  The Mortgage Bankers Association reported mortgage applications decreased 2.6% from last week.  April and May saw an increase in bidding wars with 41% of Redfin offers facing this in the midst of the pandemic. In The News:   Redfin – “41% …

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Yes, But At A Slower Pace

Today’s News Synopsis: Has the mortgage forbearance curve flattened?  Despite yesterday’s story that builder confidence has improved, housing starts decreased to their lowest level in five years last month.  Even in the midst of the pandemic, most real estate investment trusts are still receiving their rent….minus retail. In The News:   MarketWatch – “Housing starts …

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