Bruce Norris is joined this week by Kris German. He is Vice President of investments in the LA and San Bernardino counties. He specializes in selling multi-family residential properties since joining RE/MAX Commercial in 2007. He constantly ranks among the top three commercial agents within the RE/MAX commercial national division over the last twelve years. […]
COVID-19: Apartment Real Estate With Kris German #697 Read More »
Today’s News Synopsis: Getting a mortgage during the pandemic? Mortgage rates decreased again to another all-time low with 30-year rates now at 3.15% and 15-year rates at 2.62%. Despite an increase in foreclosure moratoriums, the amount of zombie properties holds steady. In The News: Freddie Mac – “Mortgage Rates Hit Another All-Time Low” (5-28-2020)
There Are A Few Things Your Lender Wants You To Know Read More »
Today’s News Synopsis: Fannie and Freddie launch resource sites. The Mortgage Bankers Association reported mortgage applications increased 2.7% from last week. How are boomers’ plans for retirement being impacted by the coronavirus? In The News: Realtor.com – “How the Coronavirus Is Changing Some Boomers’ Real Estate Plans for the Better” (5-27-2020) “For baby boomers, the
COVID-19 Relief Options Read More »
Today’s News Synopsis: If you’re buying a home now, chances are you’re doing it sight unseen. Due to the pandemic, the home-buying season has shifted from spring to summer. However, despite the pandemic, the largest share of the market was made up of newly built homes, something not seen since 2012. In The News:
Tips For Putting In Offers During The Pandemic Read More »
This week’s radio show and video guest is The Norris Group’s own Aaron Norris. His role with The Norris Group includes loan officer, office manager, and business development. Aaron has been in the real estate field for over a decade, having worked in the construction and design industry before joining The Norris Group in 2005.
COVID-19: Top Headlines With Aaron Norris #696 Read More »
Today’s News Synopsis: Where are the most affordable places to find a home right now? Mortgage rates decreased this week with 30-year rates now at 3.24% and 15-year rates at 2.70%. Existing-home sales decreased last month according to the National Association of Realtors, dropping 17.8%. In The News: Freddie Mac – “Mortgage Rates Decrease”
Yes, There Are Still Homes For Sale Right Now Read More »
Today’s News Synopsis: How will the coronavirus affect our future habits and social behaviors? The Mortgage Bankers Association reported mortgage applications decreased 2.6% from last week. April and May saw an increase in bidding wars with 41% of Redfin offers facing this in the midst of the pandemic. In The News: Redfin – “41%
Two Words: Larger Space Read More »
Today’s News Synopsis: Has the mortgage forbearance curve flattened? Despite yesterday’s story that builder confidence has improved, housing starts decreased to their lowest level in five years last month. Even in the midst of the pandemic, most real estate investment trusts are still receiving their rent….minus retail. In The News: MarketWatch – “Housing starts
Yes, But At A Slower Pace Read More »
Today’s News Synopsis: How will Coronavirus affect commercial real estate values? Following a month that saw the steepest drop, building confidence posted strong gains, having increased 7 points to 37 in May. Realtor.com gives an update on whether we are in a recession or depression and how each would affect the housing market. In The
Many Asking, “What’s My Building Worth?” Read More »
This week’s radio show and video guest is Matthew Tandy of Formatic Property Management. Matt is the Founder and Chief Executive Officer of Formatic Property Management, Inc. As CEO, he oversees all day to day processes and guides the long term vision. He is always seeking new and innovative ways to improve the rental ownership
COVID-19: Property Management, Tenants, and Landlords With Matthew Tandy #695 Read More »
