NAR

Affecting More Than 4 Million Apartment Renters

Today’s News Synopsis: Freddie Mac announces nationwide Covid-19 relief.  Requests for video home tours increased by 500% in one week.  Both C.A.R and NAR are asking Congress for aid for REALTORS. In The News: Inman – “7 Essential Tips for Communicating With Your Sphere During Crisis” (3-24-2020) “Don’t make the major mistake of not communicating with …

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I Survived Real Estate 2018

I Survived Real Estate 2018

The Norris Group’s annual award-winning event, I Survived Real Estate, is coming up Friday, September 28, 2018 at the Nixon Library in Yorba Linda, California. Our 11th annual black-tie gala benefits Make-A-Wish and St. Jude’s Childrens’ Research Hospital. Since 2008, together we’ve raised over $850,000 for charity!

Mortgage Servicing Rules for the GSEs Undergoing Revisions by the FHFA

  Today’s News Synopsis: Sales of pending homes increased 1.7% in January to 104.2, putting them at their highest in a year and a half.  Spending on construction was slower at $971.4 billion, down 1.1% from $982 billion.  Rules and regulations regarding mortgage servicing for Fannie Mae and Freddie Mac are undergoing revisions by the …

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Sales of Existing Homes Decrease 5% in Western States

      Sources: Builder Confidence Rises Four Points in November S&P/Experian: First mortgage default rate continues upward trend Single-Family Starts Up 4.2 Percent While Overall Production Drops Slightly in October Foreclosure sales were down a solid 36% YOY in 3Q Mortgage Applications Increase in Latest MBA Weekly Survey Existing home sales tick up 1.5% …

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Beth Peerce of NAR Joins Bruce Norris on the Real Estate Radio Show #376

Bruce Norris is joined again this week by Beth Peerce. Beth is the vice-president of the National Association of Realtors. She is also the broker/owner of Primetime Properties in Century City, California and has been a broker for over 35 years. In addition, she has won several awards for being the realtor of the year in …

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The Norris Group Real Estate News Roundup 1/3/14

Sources: GSEs Reach Foreclosure Prevention Milestone Home prices see biggest gain in eight years, but boom abating Jobless claims slip by 2,000 filings Pending Sales Numbers Indicate ‘Flattening Market’ Lenders search for Plan B HUD Awards $57 Million  to Hundreds of Public Housing Authorities to Promote Family Self-Sufficiency Bernanke: Recovery ‘remains incomplete’ Nonbank mortgage firms …

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The Norris Group Real Estate News Roundup 7/16/13

Today’s News Synopsis: Builder confidence increased by six points to 57 according to the latest housing market index report from NAHB.  The Consumer Price Index increased 0.5% in June with the increase in all consumer goods, although inflation continues to remain low at below 2%.  The Senate voted today on Richard Cordray’s nomination as director …

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The Norris Group Real Estate News Roundup 9/5/12

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased 2.5% last week.  At the same time, refinanced FHA mortgages increased 42% in July.  That same month, commercial real estate loan prices decreased to 88.3% after having been on the rise for seven months in a row. In The News: Housing Wire – “Foreclosure …

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

Today’s News Synopsis: Prices of homes have declined across the nation 28.3% since June 2006, according to the latest LPS home price index.  According to Housing Wire, more people were hired in the mortgage industry than were laid off in the third quarter.  According to Inman, NAR recently admitted overestimating the number of homes sold. …

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