housing starts

The Norris Group Real Estate News Roundup 8/16/11

Today’s News Synopsis: As of July, fewer homes are being built, having decreased 1.5%.  The Obama Administration is continuing to review policies to help the housing market, including continued involvement by the government.  According to recent data released by Trulia, real estate purchases are actually cheaper than rental in most major cities in the U.S. …

The Norris Group Real Estate News Roundup 8/16/11 Read More »

The Norris Group Real Estate News Roundup 8/17/10

Statistics from MDA DataQuick show 18,946 new and resale homes were sold in Southern California in July. Frank Nothaft of Freddie Mac announced that refinancing activity has accounted for over 80% of conventional loan activity. National housing starts increased by 7.1 percent last month, according to the NAHB. The MBA expressed concerns that recent policy changes restricting seller concessions went too far and may damage the industry.

The Norris Group Real Estate News Roundup 12/16/09

The Wall Street Jounral reports that people are increasingly willing to abandon mortgage payments for becoming renters, housing starts climb almost 9%, the FDIC offers some reprieve from securities accounting rules for the next year, and the Bureau of statistics released their real earnings report stating that average hourly earnings fell by .5%.

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