Thursday, March 3, 2011
Affordability Reaches 69% As Prices Fall 26%
In this video, Aaron Norris of The Norris Group gives the news of the week in the world of real estate and other big events. Aaron discusses the real estate market, including recent numbers released including the First-time home affordability rate at 69%, the 26% decrease in home prices, different things going on the chopping block by lobbyists, including Fannie Mae and Freddie Mac and loan limits, Standard and Poor's recent report on loans cured by modification, and the fully implemented programs by Cal HFA under their Keep Your Home California initiative. He also discusses upcoming events including the radio show with Marsha Norris and the Advanced Investing Skills and Strategies for Quadrant 2.5 with NorcalREIA. This video is a follow-up to the Norris Group's real estate blog.