OUR NEWS

Jun 19, 2019

Is The West Coast Still The Best Coast?

Today’s News Synopsis: 8 reason to move TO California.  The Mortgage Bankers Association reported mortgage applications decreased 3.4% from last week.  The cost of a 1,500 square foot home could vary depending on where you live. In The News: Realtor.com – “Airbn-Bling: How Renting Out Your Property Can Help You Get

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Jun 22, 2015

Existing-Home Sales Increase Significantly, But What Does This Mean for the Housing Market?

    Today’s News Synopsis:   Existing-home sales increased significantly to their highest in 6 years with the increase in homebuyers last month.  However, this news has actually caused concern for people at organizations like Capital Economics as this increase in sales means totals sales increased 9% year-over-year and may

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Feb 07, 2013

The Norris Group Real Estate News Roundup 2/7/13

Today’s News Synopsis: Freddie Mac reported mortgage rates showed little change this week, showing the rate of change now at levels below normal.  30-year rates remain unchanged at 3.53% and 15-year rates at 2.77%.  Consumer confidence is increasing, and more consumers are showing a more positive outlook on the economy

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Jan 18, 2013

Sean O’Toole, President of ForeclosureRadar, Joins Bruce Norris on the Real Estate Radio Show #313

Bruce Norris is joined again this week by Sean O’Toole. Sean is the founder and president of ForeclosureRadar.com, one of the finest websites a real estate investor can get involved with on a regular basis. Sean has done an excellent job on the website and put his computer genius to

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Jan 07, 2013

The Norris Group Real Estate News Roundup 1/7/13

Today’s News Synopsis: Bank of America has settled a dispute with Fannie Mae to pay $11.7 billion to settle bad mortgage deals.  Also, ten of the largest banks in the nation have also agreed to a foreclosure settlement of $8.5 billion with federal regulators.  Short sales for Fannie Mae and

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Aug 02, 2012

The Norris Group Real Estate News Roundup 8/2/12

Today’s News Synopsis: More people are preferring buying a home over renting one in almost every major housing market.  The private-label MBS market dipped below $1 trillion to $999.7 billion last month for the first time since 2003.  Florida is most concerned about foreclosures and how this will affect their

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Jul 30, 2012

The Norris Group Real Estate News Roundup 7/30/12

Today’s News Synopsis: Another bank closed in Georgia last weekend, bringing the new total now to 39.  More mortgage investors are concerned about the amount of money being charged for government-backed securities and are instead reverting to using more expensive but less risky bonds.  Only 1/3 of mortgage bond investors

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May 09, 2012

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

Today’s News Synopsis: The Mortgage Bankers Association reported a 1.7% increase in mortgage applications from last week.  Single-family home prices increased in almost half of the cities in the U.S. with the median price increasing in 74 of 146 metropolitan areas.  The Florida Supreme Court is set to make a

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May 03, 2012

The Norris Group Real Estate News Roundup 5/3/12

Today’s News Synopsis: According to a recent survey released by Freddie Mac, fixed mortgage rates are at their lowest on record with 30-years at 3.84% and 15-years at 3.07%.  First time claims for unemployment decreased by 27,000 last week according to the Labor Department.  Mortgage servicers also reported filing less

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Aug 12, 2011

The Norris Group Real Estate News Roundup 8/12/11

Sources: Foreclosure activity falls to 44-month low Jobless claims hover around 400,000 for third week Mortgage Rates for 30-Year U.S. Loans Decline to Nine-Month Low Housing Affordability up in California with home price decline Rates on 15-Year Fixed Lowest Ever Recorded Home Prices Decline in Almost Three-Fourths of U.S. Metropolitan

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