Bruce Norris launches the 8th Annual I Survived Real Estate Gala set for October 16 at the Nixon Presidential Library. Real estate leaders converge from all over the US to talk trends, industry issues, and predictions for the real estate industry in 2016.
california building industry association
Today’s News Synopsis: The National Association of Home Builders announced record highs for housing affordability with the stabilizing markets. Foreclosures have risen for the first time since last year, according to Bloomberg News. DS News reported delinqunecies in the U.S. decreased to a level not seen in three years, displaying signs of improvement for people behind …
Modifications to foreclosures on Freddie Mac and Fannie Mae mortgages increased more than twice as much in the third quarter, according to Housing Wire. Shaun Donovan said he and Secretary of Energy Steven Chu are discussing plans of creating an energy scoring system for houses. Standard and Poor’s reported levels of securities backed by mortgages are the slowest they have been since 2007, both for commercial and residential property. NAHB stated that the driving force for the housing market are actually the smaller businesses. CBIA announced that construction on new homes increased 21% this month.
This week The Norris Group Real Estate Radio Show and Podcast presents Part 3 of I Survived Real Estate 2009. This segment features John Young from Young Homes and the California Builders Industry Association, Pat Combs from Coldwell Banker and the National Association of Realtors, and Tommy Williams from Williams and Williams and the National Auctioneer Association. The group continues their discussion on legislation and regulation as related to their specific industries.