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...
View ArticleThe 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...
View ArticleThe 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...
View ArticleThe 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...
View ArticleIncrease 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...
View ArticleHousing 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...
View ArticleMore 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...
View ArticleDOJ 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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