Realogy

Coldwell Banker, Sotheby’s and Century 21 among them

Today’s News Synopsis: Realogy launches new, improved iBuyer platform for some of their brands.  Although mortgage delinquencies as a whole are at a 20-year low, 4 states reported an increase.  Which could they be?  Which metro areas in the nation are the most affordable and family-friendly places to live? In The News: Inman – “Realogy launches …

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The ADU Top Ten

Today’s News Synopsis: If you’re considering investing in accessory dwelling units, what are ten things you should consider?  The FHFA reported home prices increased by 0.1% in May across the country.  Meanwhile, existing-home sales were weaker, having declined 1.7% in June. In The News: BiggerPockets – “10 Things to Consider When Investing in Accessory Dwelling Units” …

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Fewer Homes Are Being Purchased Through Cash Sales

Sources: Builder Confidence Rises Four Points in June May Inventory Up; Home Sales Down Default Rates Decline Again in May HOPE NOW: Mortgage Mods for 7 million homeowners since 2007 Yellen: Taper continues, monetary policy and interest rates unchanged U.S. Home Sales Seen Dropping First Time in Four Years CFPB Director Fields Questions from House …

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The Norris Group Real Estate News Roundup 10/29/13

Today’s News Synopsis: According to the latest S&P/Chase-Shiller Index, home prices increased again in August by 12.8% year-over-year, their fastest in over 6 1/2 years.  According to a recent study by USC, more Asian and Latino immigrants were able to keep their homes during the Great Recession as opposed to native-born citizens.  At the recent …

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The Norris Group Real Estate News Roundup 7/29/13

Today’s News Synopsis: Pending home sales decreased 0.4% last month with the increase in mortgage rates.  The FHFA announced that by the end of this year they hope to use risk-sharing transactions to return private capital to the mortgage finance system.  According to the latest Lender Processing Services report, home prices saw a 1.3% increase, …

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The Norris Group Real Estate News Roundup 10/11/12

Today’s News Synopsis: Filings for foreclosures decreased in September 7% month-over month and 16% year-over-year.  They are now at their lowest since 2007.  Unemployment claims decreased to 339,000 and are now at their lowest in four years.  After being at record lows, mortgage rates are up again slightly with 30-year mortgages at 3.39% and 15-year …

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The Norris Group Real Estate News Roundup 6/8/12

Sources: Homebuilder stocks rise after sharp decline Bank closings decline, hundreds still at risk CoreLogic: HPI Increased in April, Will Continue in May Clear Capital: Prices See First Quarterly and Yearly Gain Since August ’10 Real Estate Outlook: Pending Home Sales Decline Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates in U.S. Fall …

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The Norris Group Real Estate News Roundup 8/9/11

Today’s News Synopsis: Bloomberg reported that Goldman Sachs will possibly be facing a lawsuit from three big organizations, Fannie Mae, Freddie Mac, and AIG, regarding securities related to mortgages.  The recent Housing Scorecard for July showed a slight improvement in home prices but continued negativity for foreclosures and distressed homes.  Obama received a request from Realogy …

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The Norris Group Real Estate News Roundup 11/11/09

The CBIA report shows that September sales for new-home communities have decreased by 11 percent from 2008. Foreclosure activity increased by 5 percent from August to September. According to Trulia, nearly 26 percent of homes were decreased in price from the previous month, and the total value of those price reductions is $28.1 billion.

The Norris Group Real Estate News Roundup 10/29/09

Moody’s estimates that prices will continue to decline until Q3 of 2010. According to Freddie Mac, interest rates on 30-year fixed rate loans have increased to 5.03 percent. The U.S. Census Bureau reports that the number of vacant properties rose to 18.7 million, but the homeownership rate has maintained at 67.6 percent.

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