commercial real estate

The Average National Credit Score Is Over 700 For The First Time EVER!

Today’s News Synopsis: Why does your credit score matter….so much?  The average U.S. home seller profits were at another high at $65,000 in 2019.  Mortgage rates decreased to their lowest in three months with 30-year rates now at 3.6% and 15-year rates at 3.04%. In The News: Freddie Mac – “Mortgage Rates Drop to Lowest Level …

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More Than Half Are In Los Angeles, San Francisco and New York

Today’s News Synopsis: How many million-dollar cities are there in the U.S.?  What bargains are playing hide-and-seek in the biggest cities?  Mortgage delinquencies were at their lowest in 20 years in October. In The News: Realtor.com – “Living High on Low Rent: Where the Bargains Are Hiding in America’s Biggest Cities” (1-14-2020) “How would you like …

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Aaron Norris

National Association of Real Estate Editors Conference Highlights With Aaron Norris #651

This week’s radio show features Aaron Norris of The Norris Group. For the last couple of months, they’ve really beat up accessory dwelling units. He doesn’t expect to touch on that again until SB 13 has some movement. It did move forward as of July 1st, so we’ll see what’s next. It’s still in the …

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AOA Million Dollar Trade Show 2018

AOA Million Dollar Trade Show and Landlording Conference 2018

Bruce Norris joins numerous speakers at this real estate expo put on by the Apartment Owners Association. Join thousands of other commercial real estate property managers at this expo in Los Angeles. Bruce’s specific topic will cover, “Should You Cash Out or Stay Put.”  He will be speaking right at 9 am in Area B.

Upstart Network Uses Alternative Data to Make Credit and Pricing Decisions

Today’s News Synopsis: No-Action letter issued by the CFPB to Upstart Network.  Mortgage rates continue to remain at their lowest for this year with 30-year rates at 3.78% and 15-year rates at 3.08%.  Following Amazon’s taking over certain stores such as Whole Foods, others are seeing this as an opportunity for real estate pricing. In …

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Homeowners Continue To Overestimate Their Home Values

Today’s News Synopsis: How much do you think your house is worth?  Many homeowners seem to be overestimating their value.  Household incomes in the U.S. increased last year to their highest on record by 3.2% as poverty decreased. Prices on homes are increases as demand for rentals continues to increase. In The News: Zillow – “Renter …

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