The Norris Group Real Estate News Roundup 7/25/11
Today’s News Synopsis: The Wall Street Journal reported that more foreclosed homes will be featured on reality television shows. In other news, the Reality Times reported that the sale of existing...
View ArticleThe Norris Group Real Estate News Roundup 4/17/12
Today’s News Synopsis: Housing starts showed disappointing numbers last month with a 5.8% drop from February. The Lender Processing Services reported more short sales than foreclosures with banks...
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B of A’s Earnings Down Due to Legal Woes
Today’s News Synopsis: Housing starts increased slightly by 2.8% last month, increasing to 946,000 units from 920,000. Mortgage applications increased again by 4.3% from last week. First quarter...
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Pending Home Sales Increase in Latest NAR Report
Today’s News Synopsis: The NAHB saw a major accomplishment this week when the Supreme Court ruled the EPA cannot require pre-construction permits for greenhouse gasses emitted on multifamily and...
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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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Numbers Looking Good for Mortgage Activity with the Big Banks
Sources: Foreclosures, serious delinquencies nearing decade low Mortgage Credit Availability Decreases in June NAHB: Single-family building lot sizes shrink to record low June construction starts up...
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