OUR NEWS

Aug 12, 2019

Is A Smart Home Not Smart For Selling

Today’s News Synopsis: According to a top real estate agent, your complex smart home system could actually be making your home unsellable.  What do you need to be saving every day in order to afford a home in one of the top 11 cities?  Of the homebuyers with kids, half

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Jul 25, 2019

What Does The Future Look Like For The Market?

Today’s News Synopsis: Could we be seeing the next recession by 2020?  Mortgage rates are at their lowest in three years with 30-year rates at 3.75% and 15-year rates at 3.18%.  Which city has the number one stable housing market in the country? In The News: Freddie Mac – “Mortgage Rates

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Jul 09, 2019

Can You Match The Demand To The Supply? Apparently Not In This Market

Today’s News Synopsis: The biggest thing pushing buyers out of the market is an uneven match between housing supply and buyer demand.  The amount of mortgage credit available increased last month by 0.2% to 189.8.  Meanwhile, CoreLogic reported delinquency rates were at their lowest in 20 years as of April.

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May 14, 2019

A Color By Any Other Name…Actually Could Make A Big Difference

Today’s News Synopsis: When choosing a paint hue for your walls, it’s not just the color that matters, but the name of the color too.  The Mortgage Bankers Association reported a 12% increase in commercial/multifamily originations in the first quarter.  More and more teachers are having a hard time owning

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Apr 25, 2019

Boomerang Buyers!

Today’s News Synopsis: People who lost their homes in the housing crisis are buying homes again.  Mortgage rates continue to show signs of increase with 30-year rates now at 4.17% and 15-year rates at 3.62%.  Should we be worried that the homeownership rate didn’t change much in the first quarter?

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Jul 02, 2018

Why Are You Being So Nosy?

Today’s News Synopsis: According to a recent survey by Porch, the majority of neighbors people cannot stand are the nosy ones.  Spending on construction increased in June by 0.4% month-over-month and 4.5% year-over-year.  More and more young people are expected to be able to own a home coming soon. In

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Oct 31, 2017

The Scariest Real Estate News of the Week

Today’s News Synopsis: Due to a shortage of properties for sale, homes are getting bought up at the fastest pace in 30 years.  Home prices increased 0.24% according to Black Knight’s latest Home Price Index Report.  Meanwhile, luxury homes in Los Angeles are taking twice as long to sell. In

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Oct 27, 2017

I Survived Real Estate 2017 Part 5 on the Real Estate Radio Show #562

On Friday, September 22, the Norris Group proudly presented its 10th 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. All proceeds from the event benefit

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Sep 01, 2017

John Burns of John Burns Real Estate Consulting Joins Bruce Norris on the Real Estate Radio Show #554

National builder consultant, author, and economist, John Burns with John Burns Real Estate Consulting joins us on The Norris Group real estate radio show and podcast.

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Nov 28, 2016

ATTOM Data Solutions Releases Latest Home Equity and Underwater Report

Today’s News Synopsis: Zillow is facing a lawsuit for which it has agreed to pay $6 million over alleged violation of federal labor laws.  ATTOM Data Solutions released their latest Home Equity and Underwater Report for the third quarter showing a decrease in seriously underwater homes.  Fewer and fewer Chinese

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