Today’s News Synopsis: 6 cities you need a 6 figure salary to afford. Home prices increased by 3.5% year-over-year according to CoreLogic. Is rent control as effective as it seems? In The News: Inman – “Rent control is getting more popular, but does it actually work?” (12-3-2019) “New laws in California
Today’s News Synopsis: Conforming loans limits over $500K for the first time. New home sales were strong last month, having increased 0.7% to 733,000 units. You better get ready, because it turns out the best time to buy a home is the winter. In The News: Forbes – “The Real Estate
Today’s News Synopsis: What are iSquatters, and how do they abuse the iBuying space? The Mortgage Bankers Association reported an 11.9% decrease in mortgage applications from last week. Home prices increased 4.6% from last month according to the FHFA. In The News: Realtor.com – “What Do Both Republicans and Democrats Really
Today’s News Synopsis: California governor announces deal to cap rising rents. Home prices increased slightly in July by 3.6% year-over-year. Which age group is driving home prices up again? Believe it or not, it’s the older millennials. In The News: HousingWire – “Artificial intelligence in residential real estate: Reality or hype?”
Today’s News Synopsis: What are the top colors for your home for 2020 and beyond? Mortgage rates are at their lowest on record with 30-year rates at 3.6% and 15-year rates at 3.07%. Home prices increased 3% in July with the 3% drop in supply. In The News: Mortgage Bankers
Today’s News Synopsis: How to get rid of Wasps. Home prices increased 3.4% year-over-year in June according to CoreLogic. Job openings continue to remain high as of June. In The News: Realtor.com – “How to Get Rid of Wasps – and What to Do If You Find a Nest” (8-6-2019) “You’re
Today’s News Synopsis: If you’re considering investing in accessory dwelling units, what are ten things you should consider? The FHFA reported home prices increased by 0.1% in May across the country. Meanwhile, existing-home sales were weaker, having declined 1.7% in June. In The News: BiggerPockets – “10 Things to Consider When
Today’s News Synopsis: Alt-doc loans have doubled in the last 2 years. Home prices increased 3.6% year-over-year in May according to CoreLogic. Where is the number one zip code for baby boomers to live in America? In The News: Curbed – “Oregon just effectively banned single-family zoning” (7-2-2019) “Oregon just staked
Today’s News Synopsis: Wanna sell your house, let buyers sleep on it. Literally. Mortgage rates remain stable with 30-year rates at 3.84% and 15-year rates at 3.25%. Home prices increased 3.6% in May, the largest year-over-year increase in 7 months. In The News: Freddie Mac – “Mortgage Rates Stabilize” (6-20-2019) “Freddie
Today’s News Synopsis: Fannie and Freddie changes coming. CoreLogic reported home prices increased 3.6% year-over-year in April. Meanwhile, home prices for newly constructed homes decreased by 1% in the first quarter. In The News: Forbes – “Expecting? These Cities Are The Most Affordable Places To Raise A Child” (6-4-2019) “It’s tough
The Norris Group 1845 Chicago Avenue, Ste C, Riverside, CA 92507
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Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
