OUR NEWS

Aug 13, 2019

And In Both Corners Of the Ring We Have…The Buyers and Sellers!

Today’s News Synopsis: The slow home price growth last month could be a sign of tension between buyers and sellers.  The Mortgage Bankers Association reported a rise in mortgage delinquencies in the second quarter to a rate of 4.53%.  Meanwhile, the supply of new homes available decreased by 1% in

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Jun 20, 2019

Would You Let A Buyer Spend The Night In Your House?

Today’s News Synopsis: Wanna sell your house, let buyers sleep on it.  Literally.  Mortgage rates remain stable with 30-year rates at 3.84% and 15-year rates at 3.25%.  Home prices increased 3.6% in May, the largest year-over-year increase in 7 months. In The News: Freddie Mac – “Mortgage Rates Stabilize” (6-20-2019) “Freddie

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May 14, 2019

A Color By Any Other Name…Actually Could Make A Big Difference

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

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Mar 07, 2019

I’ll Take Half A Vacation Rental….Umm….Make That A Quarter

Today’s News Synopsis: Did you know you can actually own a fraction of a vacation home?  What were the hottest and not-so-hot markets last month?  Mortgage rates showed signs of increase this week following a downward trend with 30-year rates now at 4.41% and 15-year rates at 3.83%. In The

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Nov 29, 2018

What Will That Do To Affordability?

Today’s News Synopsis: Zillow predicts a 5.8% mortgage rate in 2019.  At the moment, mortgage rates did not show too much change with 30-year rates now at 4.81% and 15-year rates at 4.25%.  Pending home sales decreased 2.6% last month according to the National Association of Realtors. In The News:

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Sep 24, 2018

Then Get Some Robot Furniture

Today’s News Synopsis: Don’t have room for furniture?  According to the latest report from Black Knight Financial Services, the mortgage delinquency rate decreased to 3.25% in August, down from 3.93% in July and putting it at a 12-year low.  Freddie Mac reported a slowdown in home sales despite a strong

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May 16, 2018

Dog Parks and Gardens or Golf and Pickleball?

Today’s News Synopsis: What do retirees want?  HUD and the Commerce Department reported a 3.7% decrease in housing production, although it continues to be at a post-recession high.  The Mortgage Bankers Association reported mortgage delinquencies decreased in the first quarter to 4.63%. In The News: NAHB – “Housing Production Drops 3.7 Percent

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Feb 13, 2018

Does Partnering On Flips Make Sense For You?

Today’s News Synopsis: Real Estate Investors are teaming up.  The National Association of Realtors reported home prices increased 5.3% in the fourth quarter, while almost two-thirds of housing markets are at their highest ever.  Why is it better to invest in real estate over stocks?  You may find the answer

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Sep 12, 2017

Homeowners Continue To Overestimate Their Home Values

Today’s News Synopsis: How much do you think your house is worth?  Many homeowners seem to be overestimating their value.  Household incomes in the U.S. increased last year to their highest on record by 3.2% as poverty decreased. Prices on homes are increases as demand for rentals continues to increase.

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Jun 13, 2017

Mortgage Delinquencies Decrease in March to Lowest in 10 Years

Today’s News Synopsis: Mortgage delinquencies decreased 0.8% to 4.4% in March, their lowest in ten years.  Realtor.com released their latest list showing the most expensive homes being sold on the market.  REALICITY just announced its plans to release their new business model in New York very soon. In The News:

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Phone: (951) 780-5856

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1845 Chicago Avenue, Ste C,
Riverside, CA 92507

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The Norris Group

Phone: (951) 780-5856

Fax: (951) 780-9827

© 2018 The Norris Group. All rights reserved. Privacy Policy.

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The Norris Group 1845 Chicago Avenue, Ste C, Riverside, CA 92507 Tel: (951) 780-5856 Fax: (951) 780-9827 E: info@thenorrisgroup.com
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