Home Prices Double Dip; 1/3 of US Sales Now Distressed

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 home prices being down to a new low, one-third of all U.S. sales now distressed, a new report released showing more buyers are lying on their mortgage applications, and the suggested 20% down payment still not able to be met by borrowers. He also discusses upcoming events including the radio show with Ivan Choi, the Orange County Investors lunch, and the NSDREI annual dinner. This video is a follow-up to the Norris Group's real estate blog.

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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.

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Mortgage Fraud Increases as Home Prices Decrease

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 numbers such as the median price in metropolitan areas, the decrease in home prices, the number of distressed properties, the increase in mortgage fraud and squatters rent, update on the robo-signing, and much more. He also discusses upcoming events including the radio show with Ray McLaine, the California Mortgage Brokers Association, the San Jose Real Estate Investors Expo, and I Survived Real Estate 2011. This video is a follow-up to the Norris Group's real estate blog.

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