median price

Negative Equity Decreases to Almost Single-Digits

      Today’s News Synopsis: Mortgage rates decreased slightly after being at high numbers for four months; 30-year rates now stand at 4.2% and 15-year rates 3.36%.  Negative equity decreased in the second quarter to almost single-digits while borrower equity increased by $1 trillion.  The median price for distressed homes increased in August both …

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Our Auctions Rely on Serious Buyers with Money to Determine the Price…not the seller or the appraiser by Randy Grigg, Elite Auctions

If you’re a control freak, it can be difficult to let the free market make the decision on what your “magnificent” rehab is really worth in a five-minute period of time. As a control freak myself, it took several auctions using our own inventory to realize sometimes the market said our property was worth more …

Our Auctions Rely on Serious Buyers with Money to Determine the Price…not the seller or the appraiser by Randy Grigg, Elite Auctions Read More »

The Norris Group Real Estate News Roundup 7/19/12

Today’s News Synopsis: Big week in the news.  Mortgage interest rates are continuing to decrease and are now at 3.53%, down from 3.56% the week prior.  Unemployment claims increased 34,000 to 386,000, the highest they have been in four weeks.  Existing home sales decreased 5.4% to 4.37 million last month, although this number was actually …

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Lance Martin

Coldwell Banker Pioneer Owner Lance Martin Joins Bruce Norris on the Real Estate Radio Show #278

This week Bruce Norris joined by Lance Martin. Lance is broker/owner of Coldwell Banker Pioneer Real Estate. He began his career in real estate at 19 and has mostly been involved with the REO side of the business for over twenty years. Lance received his license in 1986 and began selling full-time in 1987. It …

Coldwell Banker Pioneer Owner Lance Martin Joins Bruce Norris on the Real Estate Radio Show #278 Read More »

The Norris Group Real Estate News Roundup 8/20/10

Aaron Norris of The Norris Group covers this week’s biggest real estate headlines including P.A.C.E programs ending, Redfin’s study of listing homes and sales statistics, loan origination and closing costs on the rise, Transunion’s report talking about delinquencies, DQ News reporting sales and process decline in July, California’s first time homebuyer program ending, and Republican districts have a lower foreclosure rate.

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