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
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
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.
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
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?
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
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
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
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.
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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Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
