Silicon Valley

Do You Know How It Works?

Today’s News Synopsis: Buying a foreclosed home?  2018 ended with new home sales decreasing drastically by 18-19% compared to December 2017.  Could we see an end to interest rate hikes this year? In The News: Zillow – “Silicon Valley Still Reigns Supreme for Hottest Housing Markets, but the South Will Heat Up in 2019” (1-15-2019) “The …

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Bruce Norris Is Joined By Tom Wilson on the Real Estate Radio Show #570

This week Bruce Norris is joined again by Tom K. Wilson. Tom has been an investor for about five decades and has been investing in single families. He has grown into some other products as well. Episode Highlights When did Tom get involved with his properties he works with, and how does he fund them? What …

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Housing Market The Best It Has Been For Sellers

Today’s News Synopsis: The latest Home Price Index Report from Black Knight Financial Services showed home prices increased reached a new high in February, having increased 0.8% month-over-month and 5.7% year-over-year.  The housing market for sellers for the spring has been at its best as homes are selling faster than they are being put on …

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Leslie Appleton-Young

Leslie Appleton-Young of CAR Joins Bruce Norris on the Norris Group Real Estate Radio Show #533

Bruce Norris is joined again this week by Leslie Appleton-Young. She is the vice-president and Chief Economist of the California Association of Realtors, a statewide trade organization with over 200,000 members dedicated to the advancement of professionalism in real estate. Leslie directs the activities of the association’s member information group. She oversees the analysis of …

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Fannie Mae Plans to Release Financial Results For 2016 and Fourth Quarter on Friday

Today’s News Synopsis: The Mortgage Bankers Association reported a 2.3% increase in mortgage applications from last week.  HomeUnion released a list of the top cities where landlords could expect to see the best returns on rentals.  Fannie Mae plans to release the financial results for 2016 and for the fourth quarter this coming Friday. In …

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Hud and Census Bureau Report 9% Decrease in Housing Starts for September

Today’s News Synopsis: HUD and the Census Bureau reported a 9% decrease in housing starts for the month of September.  The Mortgage Bankers Association reported mortgage applications increased 0.6% from last week.  In a surprising story, the group that is contributing greatly to the housing market is millennials. In The News: Wall Street Journal – “A …

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