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 21% increase in new home permits and the $609 million in distressed assets auctioned off, Wells Fargo's agreed payment of $32 million to 15,000 owners with foreclosed homes, and and $2 billion in loan modifications on adjustable mortgages, and Tom Miller in favor or criminal prosecution for those involved with robo-signing. He also discusses upcoming events including the radio show with John Daurio and lets everyone know that we will be going on break beginning December 24-January 2. This video is a follow-up to the Norris Group's real estate blog. Merry Christmas!
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