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 of them purchase their home …
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 Near Three-Year Lows” (7-25-2019) “Freddie …
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. In The News: Inman – “Wither …
Can You Match The Demand To The Supply? Apparently Not In This Market Read More »
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 a home. In The News: …
A Color By Any Other Name…Actually Could Make A Big Difference Read More »
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? In The News: Freddie Mac – …
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 The News: Curbed – “Mapped: Hollywood’s …
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 The News: HousingWire – “Homeownership …
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 Make a Wish and St. …
I Survived Real Estate 2017 Part 5 on the Real Estate Radio Show #562 Read More »
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 investors are interested in buying …
ATTOM Data Solutions Releases Latest Home Equity and Underwater Report Read More »
