Looking Back:<\/span><\/h2>\nOne year ago, the NAR announced that sales on homes priced above $750,000 had decreased by nearly 50 percent. The rate for 30-year fixed mortgages dropped below 5 percent. The CBIA claimed that new home sales in California were “glacially slow”. Statistics from the Federal Reserve showed that jobless claims were rising. \n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Statistics from 10 primary U.S. cities show that home prices declined by 1 percent. ABA expects economic growth to increase at 3.1 percent through 2010. The U.S. Treasury Department reports that66,465 permanent modifications were made in December. Chris Thornberg forecasts that home prices will dip again in 2011. <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[982,999,652,17,998,130,460,504,486,555,554,391,11,31,670,1000,416],"acf":[],"yoast_head":"\n
The Norris Group Real Estate News Roundup 1\/15\/10<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n","yoast_head_json":{"title":"The Norris Group Real Estate News Roundup 1\/15\/10","description":"This is the real estate and foreclosure news round up from The Norris Group for Friday, January 15th, 2010.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/","og_locale":"en_US","og_type":"article","og_title":"The Norris Group Real Estate News Roundup 1\/15\/10","og_description":"This is the real estate and foreclosure news round up from The Norris Group for Friday, January 15th, 2010.","og_url":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/","og_site_name":"The Norris Group - Hard Money California Real Estate Investing","article_published_time":"2010-01-15T23:50:30+00:00","article_modified_time":"2011-01-06T23:12:52+00:00","og_image":[{"width":500,"height":374,"url":"https:\/\/www.thenorrisgroup.com\/wp-content\/uploads\/2020\/12\/Ortega.jpg","type":"image\/jpeg"}],"author":"Norris Bruce","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Norris Bruce","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/#article","isPartOf":{"@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/"},"author":{"name":"Norris Bruce","@id":"https:\/\/www.thenorrisgroup.com\/#\/schema\/person\/fff2f4d11d542404cefecae8e31568a2"},"headline":"The Norris Group Real Estate News Roundup 1\/15\/10","datePublished":"2010-01-15T23:50:30+00:00","dateModified":"2011-01-06T23:12:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/"},"wordCount":672,"commentCount":0,"publisher":{"@id":"https:\/\/www.thenorrisgroup.com\/#organization"},"keywords":["ABA","abs","Altos Research","bruce norris","chris thornberg","Christopher Thornberg","economic","employment","hamp","JP Morgan","MBS","MLS","modification","real estate","REIT","RPR","treasury"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/","url":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/","name":"The Norris Group Real Estate News Roundup 1\/15\/10","isPartOf":{"@id":"https:\/\/www.thenorrisgroup.com\/#website"},"datePublished":"2010-01-15T23:50:30+00:00","dateModified":"2011-01-06T23:12:52+00:00","description":"This is the real estate and foreclosure news round up from The Norris Group for Friday, January 15th, 2010.","breadcrumb":{"@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.thenorrisgroup.com\/the-norris-group-real-estate-news-roundup-11510\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.thenorrisgroup.com\/"},{"@type":"ListItem","position":2,"name":"The Norris Group Real Estate News Roundup 1\/15\/10"}]},{"@type":"WebSite","@id":"https:\/\/www.thenorrisgroup.com\/#website","url":"https:\/\/www.thenorrisgroup.com\/","name":"The Norris Group - 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