Dodd-Frank

Keep Driving Till You Do! Builders Are Coming With You

Today’s News Synopsis: Can’t qualify for a mortgage?  When should you do the necessary upgrades to your home: before or after selling?  The Mortgage Bankers Association reported a 3.3% decrease in mortgage applications from last week. In The News: MarketWatch – “Americans are driving until they qualify again, and builders are responding” (5-29-2019) “Home builders are …

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Realtor.com Releases List of Top Places Where Millennials Choose to Live

Today’s News Synopsis: Realtor.com released their list of the top ten places where millennials are choosing to live.  The National Association of Realtors, Commerce Department, and University of Michigan released four different charts showing why housing inventory seems to be an issue, the charts which cover prices, income growth, sales and construction, and when is …

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‘Mismatched Markets’ On the Rise for Many Customers

Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1 million year-over-year and 7.2 million from their bottom in 2012.  Mortgage rates continue to remain steady with 30-year rates at 4.17% and 15-year rates at 3.39%.  Trulia’s research showed more and more people are wanting homes not available for sale. In The …

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Miami Real Estate Becoming a Popular Venture for Russian Buyers

Today’s News Synopsis: The Miami real estate market is becoming a more popular venture for Russian buyers.  The monthly outlook Freddie Mac puts out every month was just released for the month of January.  The National Association of Realtors reported an increase in pending home sales in the midst of increased mortgage rates. In The …

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New Home Sales of Single-Family Homes Increase to Highest in 10 Years

Sources: Equity Gains Fuel Rise in Housing Market Value Why the supply of homes for sale is the lowest since 1999 Cash and Distressed Sales Update: October 2016 Redfin Report: Luxury Home Prices Inched Up 0.7 Percent in Fourth Quarter as the Rest of the Market Showed Substantial Gains Mortgage Rates Rise for First Time …

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Memories of Financial Crisis Hindering Buying Despite Home Values Increasing

Today’s News Synopsis: Despite the values of homes increasing, consumers are still hesitant to buy due to painful memories of the financial crisis.  Deutsche Bak reaches settlement of $7.2 billion with Justice Department for dishonest practices.  Real estate purchases in Brooklyn are exceeding those of Manhattan. In The News: CNBC – “Rising home values aren’t enough …

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Federal Reserve Reported Continued Economic Expansion in Most of the Country

Today’s News Synopsis: The Mortgage Bankers Association reported a 9.4% decrease in mortgage applications from last week.  The National Association of Realtors reported pending home sales increased by just 0.1%, showing people were more careful to buy before the election.  The Federal Reserve reported continued economic expansion in most of the country in October and …

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Susanne Livingston of Residential Wholesale Mortgage Joins Bruce Norris on the Real Estate Radio Show #509

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude …

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Tom Salomone

The State of Being a Realtor with Tom Salomone with the National Association of Realtors #502

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude …

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Latest Home Value Forecast Shows Increasing Gap Between Hot and Cold Markets

Today’s News Synopsis: Republicans are planning on announcing a new plan to bring major reform for Dodd-Frank, which would include replacing both the act itself and many of its financial reforms.  The latest Case-Shiller Index shows home prices increased 5.4% across the nation and 5.1% in the top 10 metropolitan areas, revealing prices to be …

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