foreclosures

Does the Appraisal Industry Need to Adapt?

Today’s News Synopsis: HUD announces assistance for Hurricane Harvey victims.  Appraisers respond to Fannie and Freddie “appraisal free mortgage product.”  A recent survey from the National Association of Realtors found that 62% of sellers’ agents believe staging a home helps it stay less time on the market as well as increases the selling price. In …

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The Impact On Buying and Selling When Kids Are Involved

Today’s News Synopsis: What does it mean when “you’re moving with kids.”  The National Association of Realtors reported a 1.3% decrease in existing-home sales last month.  A judge in Illinois ruled in favor of keeping Zillow’s zestimates after homeowners tried to sue to have it taken away. In The News: National Association – “Existing-Home Sales Slide …

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Gallup Poll Shows Real Estate is Still America’s Favorite Investment

Sources: Builder Confidence Holds Firm in April Single-Family Production Falls in March After Strong February Reading Mortgage Defaults Climb Slightly Mortgage Rates Tumble Below 4 Percent Rents Rise at Slowest Pace in Five Years Political Holding Pattern Affirms Conservative Growth Forecast Freddie Mac April 2017 Outlook Robots May Help Build Your Next Home and Fill the …

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Fewer Real Estate Transactions Occurring as Public Waits To See How Trump Will Handle The Market

Today’s News Synopsis: Both Fannie Mae and Freddie Mac released their eviction moratoriums for the holidays today.  It seems fewer real estate transactions are taking place as people are waiting to see how Trump will handle the market.  Although the Fed is certain to raise interest rates to 05-0.75%, the issue does not seem to …

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Latest CoreLogic Foreclosure Report Shows 36,000 Completed Foreclosures in September

Today’s News Synopsis: According to the latest foreclosure report from CoreLogic, 36,000 foreclosures were completed in September.  NAHB’s Leading Maret Index Report showed the housing market is continuing to gain steam with 162 out of 340 metropolitan areas at or above normal levels.  Towd Point Master Funding is the winnder of Fannie Mae’s Reperforming Loan …

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Sean O'Toole with PropertyRadar

Sean O’Toole with PropertyRadar #506

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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East Coast Seeing Improvements in Real Estate 4 Years After Hurricane Sandy

Today’s News Synopsis: The estate coast is finally seeing improvements in the real estate market four years after being struck by Hurricane Sandy.  The second quarter saw a decrease in housing affordability with the increase in home prices.  ATTOM Data Solutions released their latest report showing a total of 6.7 million properties underwater in the …

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Builder Confidence Rose Two Points This Month To 60

Sources: Commercial/Multifamily Mortgage Debt Outstanding Continues Strong Growth Applications for New Home Purchases Decrease in May Foreclosure Rate Falls to New Post-Crisis Low Mortgage Applications Decrease in Latest MBA Weekly Survey Real estate investors passing over U.S. to find good deals in Europe NAR survey shows how college, student debt affect homeownership Airbnb Adds $1 …

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