Friday, May 27, 2011
Housing Affordability and Delinquencies Increase
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 the number of homes affordable for families earning the national median income of $64,400, the decrease in national home prices, increase in delinquencies , the new mortgage task force set up by Kamala Harris, the new Trans Union study on credit behavior, strategic defaults, and much more. He also discusses upcoming events including the radio show with Craig Hill, the Southern California Appraisal Institute Economic update, and the NSDREI annual dinner. This video is a follow-up to the Norris Group's real estate blog.