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The Norris Group Real Estate News Roundup 6/1/11

Today’s News Synopsis: According to Interthinx, investor-committed occupancy fraud increased 25% in the first quarter. 50% of 1,000 mortgage borrowers surveyed by the National Foundation for Credit...

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The Norris Group Real Estate News Roundup 12/01/11

Today’s News Synopsis: In a big news story, Freddie Mac reported 30-year mortgage rates are still at a low 4%, even after five weeks.  Housing wire reported the number of people claiming unemployment...

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$659 of Delinquent Home Loans Just Sold by Freddie Mac

Sources: Home Prices on the Rise U.S. homeownership rate slides to lowest level since 1995 Pending Sales of U.S. Existing Homes Unexpectedly Decrease New home sales plummet in June 2014 CoreLogic:...

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Over 5 Million Potential Households Lost as More Millennials are Living at Home

Copyright: Image from www.flickr.com/photos/59937401@N07/   Today’s News Synopsis: Spending on construction is down for the second month in a row, having decreased by 0.4% in September.  First-time...

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Home Sales and Existing Prices Exceed 10-Year Average

  Today’s News Synopsis: The Mortgage Bankers Association reported delinquency rates for commercial and multifamily loans decreased in the third quarter by 0.37%.  Both home sales and existing home...

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New Guidelines Established by HUD for National Housing Trust Fund

    Today’s News Synopsis: Spending on construction did show a little increase at 0.4% month-over-month and 2.2% year-over-year, but overall remained relatively flat.  The Biggest obstacle to making an...

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Household debt continues to increases despite delinquency rates showing signs...

    Today’s News Synopsis:   Household debt continues to increases despite delinquency rates showing signs of improvement.  Spending on construction increased 2.2% in April according to the U.S. Census...

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Regulator Test Failed by Several Big Banks

  Today’s News Synopsis:   According to Fannie Mae’s latest Housing Insight Report, the homes more millennials prefer are single-family.  Spending on construction increased 0.8% in May, although...

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Herald Examiner Building to Be Converted Into Multiple Creative Offices for...

  Today’s News Synopsis:   CoreLogic reported a 6.9% increase in home prices in July.  Spending on construction increased by $1,083.4, or 0.7% to its highest in seven years.  The Herald Examiner...

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