Las Vegas

Is Rent Control A Tool To Deal With The Consequences Of California’s Affordability Problem?

Today’s News Synopsis: OPINION: California renters need relief.  That means weakening Costa-Hawkins.  Where are the best places to buy if you are a first-time homebuyer: Florida and Las Vegas.  A new style of home brings the jungle right into your own backyard, or more accurately, your living room. In The News: LA Times – “California renters …

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Accessible Data + Not Controlled By Anyone = Blockchain

Today’s News Synopsis: Blockchain to disrupt Real Estate in 2018.  After thirteen years of increase, the rental population decreased for the first time as rent prices continue to increase drastically.  Which mortgage rules could be seeing a change that borrowers need to be aware of? In The News: Freddie Mac – “STACR Debt Notes Again Receive Top …

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The Norris Group Real Estate News Roundup 11/1/13

  Today’s News Synopsis: Aaron Norris gives the news of the week in this week’s real estate headline roundup video.  Foreclosures decreased in September by 39% year-over-year in September and continue to show signs of decrease.  Over half of consumers fear another imminent housing bubble despite the housing market showing signs of improvement. In The …

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The Norris Group Real Estate News Roundup 1/28/13

Today’s News Synopsis: Pending home sales decreased 4.3% month-over-month in December.  At the same time home prices increased 0.5% month-over-month in November.  The Joint Powers of Authority rejected San Bernardino’s motion to use eminent domain as a way to deal with negative equity. In The News: Inman – “Tight inventories weigh on prospects for 2013 …

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The Norris Group Real Estate News Roundup 1/3/13

Today’s News Synopsis: The number of foreclosures completed last November was 55,000, down 18% year-over-year.  The Mortgage Bankers Association reported a 21.6% decrease in mortgage applications for the week ending December 28.  First-time jobless claims increased by 10,000 and are now at 372,000 according to the Labor Department. In The News: Bloomberg– “Housing Lobby’s Win …

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The Norris Group Real Estate News Roundup 7/11/12

Today’s News Synopsis: In a big news story, the California Homeowner Bill of Rights was signed into law by Governor Edmund G. Brown.  According to the Mortgage Bankers Association, mortgage applications decreased 2.1% from last week.  Las Vegas saw an increase in home prices. In The News: DS News – “California Homeowner Bill of Rights …

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The Norris Group Real Estate News Roundup 6/29/12

Sources: New home sales surge to 2-year high; prices rising Moody’s/RCA: CRE Prices Fell in April, Major Markets Lead Recovery Consumer confidence falls for 4th straight month Mortgage Applications Decrease in Latest MBA Weekly Survey Pending Home Sales Index Jumps in May Jobless claims fall slightly Mortgage rates hardly move: Freddie Mac GDP Growth at …

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