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The Norris Group Real Estate News Roundup 7/20/12
Sources: Missouri Bank Closes, National Tally at 33 HARP Accounts for 20% of May Refinances: FHFA Builder Confidence Rises Six Points in July Home Starts in U.S. Rise to Highest Level Since 2008...
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Cities in Riverside County Rank High for Homeownership
Today’s News Synopsis: The real estate market is picking up with construction starts increasing 7% and interest rates increasing 4.5%, making now a good time to invest according to Bruce Norris....
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Capitol Economics Optimistic About Economic Recovery After Seeing Increase in...
Copyright: Image from www.pallspera.com Today’s News Synopsis: Existing home sales increased by 2.4% last month to a 5.17 million annual rate, leading organizations like Capital Economics to be...
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Mortgage Originations Increase for First Time in a Year
Today’s News Synopsis: The pace of home price growth was slow in 20 U.S. cities, having increased only 4.9% year-over-year compared to 5.6% in the year ended in August. At the same time, the median...
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Both Builder Confidence and Housing Starts Show Signs of Increase
Today’s News Synopsis: The Mortgage Bankers Association reported their predictions that purchase originations will increase 10% next year. Both builder confidence and housing starts increased with...
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RentRange Releases List of Cities With Highest Rent Increases
Sources: Fannie Mae, Freddie Mac mortgage modification interest rate falls to new record low Distressed sales continue to drop CFPB’s rule to limit arbitration opens door to class action against banks...
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