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...
View ArticleThe 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...
View Article$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:...
View ArticleOver 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...
View ArticleHome 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...
View ArticleNew 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...
View ArticleHousehold 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...
View ArticleRegulator 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...
View ArticleHerald 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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