OUR NEWS

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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Aug 12, 2016

Zillow Asked if More People Renting Out of Choice and Not Necessity

Sources: CoreLogic: Foreclosure inventory finally back to housing-boom levels Mortgage Applications Increase in Latest MBA Weekly Survey Rising Home Prices Affect Housing Affordability in the Second Quarter 6.7 Million Seriously Underwater Properties in Q2 2016 Down 776,000 From a Year Ago, Down 6.1 Million From Q2 2012 Peak Connecticut Supreme

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Jun 14, 2016

Wells Fargo Survey Shows Homeownership Still A Priority for Majority

Today’s News Synopsis: Debt on commercial and multifamily properties increased in the first quarter of 2016 by 1.2% to $35.3 billion.  New home purchase applications, on the other hand, decreased 6% according to the Mortgage Bankers Association.  Wells Fargo released a new survey showing homeownership is still priority for the

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Apr 22, 2016

Mortgage Trends with Barry Habib of MBS Highway #483

Bruce Norris is joined this week by Barry Habib . Barry is an American entrepreneur and frequent media resource for his mortgage and housing insight. He has had a long tenure with monthly appearances for CNBC and Fox. Barry is the CEO of MBS Highway, a company and platform created

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