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The Norris Group Real Estate News Roundup 8/23/12

Today’s News Synopsis: U.S. home prices increased 1.8% last quarter to their highest since 2005.  Home sales also increased last month to their highest in two years.  Mortgage rates are continuing to...

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The Norris Group Real Estate News Roundup 1/22/13

Today’s News Synopsis: According to the latest Zillow Home Value Index, values increased 5.9% in 2012 and are at their highest since 2006.  Sales for existing homes decreased back in December...

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The Norris Group Real Estate News Roundup 12/18/13

Today’s News Synopsis: The Mortgage Bankers Association reported mortgage applications decreased by 5.5% from last week.  Housing starts on the other hand increased and are now at their highest in...

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

Sources: Commercial/Multifamily Mortgage Debt Outstanding Ends Year at Record Level California Loses Jobs in January U.S. Mortgage Rates Climb With 30-Year Average at 4.37% Housing prices surpass...

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Increase in Jobs Tied to Increasing Home Prices in South and Midwest

Sources: Homeownership at near 20-year low, but some bright spots Home price gains slow to 7.5% as forecast calls for further decline U.S. Mortgage Rates Rise With 30-Year at 4.14% Delinquency and...

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Housing Stocks Driven Way Down with News of the Market and Existing-Home Sales

  Today’s News Synopsis: Existing-home sales decreased 4.9% with the increase in prices and decrease of supply.  This news in addition to the news of decreases in both housing starts and permits has...

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More Millennials Opting to Purchase Homes Due to Increases in Rents

  Today’s News Synopsis: More and more millennials are opting to purchase houses as opposed to renting with the increases in rental prices.  The Mortgage Bankers Association reported mortgage...

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DOJ Continuing Their Investigation into Wells Fargo Mortgage Practices

Today’s News Synopsis:   The Department of Justice is continuing their investigation into Wells Fargo following their $1.2 billion settlement earlier this month, and this time the investigation is in...

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