This blog has been permanently moved to: http://www.thenorrisgroup.com/blog
http://thenorrisgroup.blogspot.com/2009/09/this-blog-has-been-permanently-moved-to.html
Bloomberg - "Home Sales May Increase to a Two-Year High in Third Quarter" (9-11-09) "U.S. sales of new and existing homes may increase to an annual pace of 5.1 million in the current quarter, ...
http://thenorrisgroup.blogspot.com/2009/09/bloomberg-home-sales-may-increase-to.html
Mortgage Bankers Association - " MBA: Don't Include Cram Down in Regulatory Reform" (9-10-09) "Allowing judges to retroactively modify borrowers' mortgage balances will destabilize a mortgage m...
http://thenorrisgroup.blogspot.com/2009/09/mortgage-bankers-association-mba-dont.html
This is the last week this blog will be active on Blogger.com. We are moving this blog to http://www.thenorrisgroup.com/blog/ Mortgage Bankers Association - " Lower Rates Spur Mortgage Applicat...
http://thenorrisgroup.blogspot.com/2009/09/this-is-last-week-this-blog-will-be.html
Todays News Synopsis: A recent report shows that 2 out of 5 working-age Californians are unemployed. The Treasury expects to spend over 45 billion dollars in bail out money for Fannie Mae and Fre...
http://thenorrisgroup.blogspot.com/2009/09/todays-news-synopsis-recent-report.html
Bloomberg - " Capmark Distress May Signal Bank Failures Topping 100" (9-4-09) "Capmark Financial Group Inc.’s possible collapse may signal a new wave of real estate losses for banks -- this o...
http://thenorrisgroup.blogspot.com/2009/09/bloomberg-capmark-distress-may-signal.html
Los Angeles Times - "Average U.S. closing costs fall; San Francisco grabs the No. 4 spot " (9-3-09) "The average cost of getting a mortgage dropped about 12% nationwide over the last 12 months, ...
http://thenorrisgroup.blogspot.com/2009/09/los-angeles-times-average-u.html
Mortgage Bankers Association - " MBA Offers Proposed Framework for Government Role in Secondary Mortgage Market" (9-2-09) "The centerpiece of MBA’s recommendation is the creation of a new lin...
http://thenorrisgroup.blogspot.com/2009/09/mortgage-bankers-association-mba-offers.html
NAR - "Pending Home Sales on a Record Roll" (9-1-09) "The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading ...
http://thenorrisgroup.blogspot.com/2009/09/nar-pending-home-sales-on-record-roll-9.html
Orange County Register - "Record 8,000 mortgages face foreclosure " (8-29-09) "There were 8,346 outstanding foreclosure auction notices in Orange County at the end of July, up 12% from June and ...
http://thenorrisgroup.blogspot.com/2009/08/orange-county-register-record-8000.html
Mortgage Bankers Association - " Wells Fargo/Wachovia Bank Tops U.S. Commercial/Multifamily Servicers in MBA Mid-Year Rankings Report" (8-27-09) "The Mortgage Bankers Association (MBA) today re...
http://thenorrisgroup.blogspot.com/2009/08/mortgage-bankers-association-wells.html
NAR - "NAR Helps Realtors® Make Short Work of Short Sales" (8-26-09) "Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Associ...
http://thenorrisgroup.blogspot.com/2009/08/nar-nar-helps-realtors-make-short-work.html
CAR – “July sales and price report” (8-25-09) “Home sales increased 12 percent in July in California compared with the same period a year ago, while the median price of an existing hom...
http://thenorrisgroup.blogspot.com/2009/08/normal-0-false-false-false.html
DQNEWS – “California July Home Sales” (8-21-09) “An estimated 45,079 new and resale houses and condos were sold statewide last month. That was up 2.1 percent from 44,167 in June, and u...
http://thenorrisgroup.blogspot.com/2009/08/dqnews-california-july-home-sales-8-21.html
NAR – “Strong Gain in Existing-Home Sales Maintains Uptrend” (8-21-09) “Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a s...
http://thenorrisgroup.blogspot.com/2009/08/nar-strong-gain-in-existing-home-sales.html
MORTGAGE BANKERS ASSOCIATION - " Delinquencies Continue to Climb, Foreclosures Flat in Latest MBA National Delinquency Survey" (8-20-09) "The delinquency rate for mortgage loans on one-to-four-...
http://thenorrisgroup.blogspot.com/2009/08/mortgage-bankers-association.html
NAR – “Decline in Commercial Real Estate Sectors Appears to be Slowing” (8-19-09) “The Commercial Leading Indicator for Brokerage Activity1 declined 1.3 percent to an index of 101.5 i...
http://thenorrisgroup.blogspot.com/2009/08/nar-decline-in-commercial-real-estate.html
BLOOMBERG – “Treasuries Little Changed as Housing Starts Unexpectedly Fall” (8-18-09) “Treasuries were little changed as a government report showed U.S. housing starts unexpectedly f...
http://thenorrisgroup.blogspot.com/2009/08/bloomberg-treasuries-little-changed-as.html
Sorry for not notifying you all of our vacation. The Norris Group Real Estate News Blog will continue. Here are some articles you may have missed... CAR – “Entry-level housing affordability...
http://thenorrisgroup.blogspot.com/2009/08/sorry-for-not-notifying-you-all-of-our.html
Hi all readers of our TNG California Headline Roundup. Both editors of this blog are on a short summer break. Posting will resume August 17th. Thanks so much for your support and patience. We enj...
http://thenorrisgroup.blogspot.com/2009/08/hi-all-readers-of-our-tng-california.html
BLOOMBERG – “Pending Sales of Existing Homes in U.S. Surge 3.6%” (8-4-09) “The number of contracts to buy previously owned homes in the U.S. rose in June for a fifth straight mon...
http://thenorrisgroup.blogspot.com/2009/08/bloomberg-pending-sales-of-existing.html
THE SEATTLE TIMES – “Burst bubble spatters San Diego : High-end, high-rise condo market collapses” (8-2-09) “Downtown San Diego, a 2.2-square-mile area, is now awash in condos. Ab...
http://thenorrisgroup.blogspot.com/2009/08/seattle-times-burst-bubble-spatters-san.html
BLOOMBERG – “Lone Star Said to Secure Pledges for $20 Billion Property Funds” (7-31—09) “Lone Star Funds founder John Grayken is securing pledges toward his goal of raising $20 bill...
http://thenorrisgroup.blogspot.com/2009/07/bloomberg-lone-star-said-to-secure.html
BLOOMBERG – “Marriott to Expand by Converting Competitors’ Hotels” (7-30-09) “Marriott, owner of about 45 of the 3,000 hotels that carry its flag, expects conversions to help the co...
http://thenorrisgroup.blogspot.com/2009/07/bloomberg-marriott-to-expand-by.html
MORTGAGE BANKERS ASSOCIATION – “Purchase Applications Hold Steady, Refinance Applications Fall in Latest MBA Weekly Surve” (7-29-09) “The Mortgage Bankers Association (MBA) today rele...
http://thenorrisgroup.blogspot.com/2009/07/mortgage-bankers-association-purchase.html