OUR NEWS

Oct 23, 2013

The Norris Group Real Estate News Roundup 10/23/13

Today’s News Synopsis: Mortgage delinquencies increased slightly last month by 4.23% according to the Lender Processing Services.  The FHFA reported home prices have shown increase for 19 months straight with their recent increase of 0.3% in August.  The FHA has disputed some data on a recent CBO report, claiming some

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Mar 15, 2013

The Norris Group Real Estate News Roundup 3/15/13

Sources: Georgia Bank Collapses Over Weekend; 2013 Tally Now at 4 January Layoffs Drop to Record Low HARP Surpasses 2012 Estimates on Homeowner Refinances U.S. 30-Year Mortgage Rates Rise to a Six-Month High February foreclosure filings plummet 25% First-Time and Continuing Jobless Claims Fall Again Real Estate Agent Confidence Up

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Nov 05, 2012

The Norris Group Real Estate News Roundup 11/5/12

  Today’s News Synopsis: The number of bank failures increased to 49 this week with the closure of two more banks in Illinois and Florida.  Home prices increased 2.9% in October, while rentals increased 5.1% from last year.  Several real estate companies are banding together to provide relief for the

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Oct 22, 2012

The Norris Group Real Estate News Roundup 10/22/12

Today’s News Synopsis: September saw in an increase in mortgage delinquencies last month according to a recent report from the Lender Processing Services.  The rate, originally at 7.4%, is now at 7.72%.  The number of bank failures is now at 46 with the closure of three more banks in Tennessee,

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Jun 05, 2012

The Norris Group Real Estate News Roundup 6/5/12

Today’s News Synopsis: CoreLogic reported home prices increased 1.1% percent in April and are expected to show an increase in the month of May.  Clear Capital also reported in their May 2012 Home Data Index that home prices increased both yearly and quarterly at 0.4% quarterly and 0.1% yearly. CMBS delinquncy

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Jan 13, 2012

The Norris Group Real Estate News Roundup 1/13/12

Sources: Loan Mods and Delinquencies Rise in November: HOPE NOW Foreclosures fall to lowest level since 2007 Mortgage Applications Increase in Latest MBA Weekly Survey Zillow: Home values in November back at 2003 levels Fed governor calls for new housing regulatory regime The fight over Bernanke REO rental plan shows

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Jun 21, 2011

The Norris Group Real Estate News Roundup 6/21/11

Today’s News Synopsis: Housing Wire reported that JP Morgan is expected to pay$153.6 in a settlement regarding misleading information with mortgage security transactions.  Bloomberg reported that the price of existing homes decreased in May to the lowest they have been in six months.  According to DS News, Moody’s Investors Service’s Delinquency

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Apr 14, 2011

The Norris Group Real Estate News Roundup 4/14/11

Statistics from MDA DataQuick show 7,051 houses and condos sold in the Bay Area last month. CAR says home sales increased 3.1% in March. According to RealtyTrac, foreclosure filings dropped 27% year over year. A newly proposed bill may require mortgage servicers to respond within 45 days of receiving a short sale request.

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Apr 13, 2011

The Norris Group Real Estate News Roundup 4/13/11

MDA DataQuick reports 19,412 houses and condos sold in Southern California last month. Freddie Mac believes home sales will rise 5% in 2011. President Barack Obama revealed the White House’s deficit reduction plan, which aims to reduce the nation’s deficit by $4 trillion in 12 years. Home Depot sales show Americans are doing more home improvement.

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