Friday, April 17, 2015

Mike Novak-Smith and Ted Boecker of REMAX Join Bruce Norris on the Real Estate Radio Show #430

Bruce Norris is joined this week by Ted Boecker and Mike Novak-Smith. Ted is the owner and broker of RE/Max Results in Moreno Valley. He started the company in 1989, and he has been experienced at practicing law and being a general contractor. He has operated different types of developments. Mike Novak-Smith is one of the leading REO agents in the entire country and the top 1% of all real estate agents nationwide. He is experienced in REO short sales, bankruptcies, asset management and negotiating. He specializes in REOs in Riverside and works with Ted’s brokerage. Bruce, Mike, and Ted discuss the transition in the industry from 1989 to 1992, inventory accumulation from HUD and VA auctions, this year's sales, lending in 2015 compared to other years, the price people are willing to pay for loans, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, April 10, 2015

Coldwell Banker Pioneer Owner Lance Martin Joins Bruce Norris on the Real Estate Radio Show #429

Bruce Norris is joined again this week by Lance Martin.  Lance has been in the real estate business for nearly 30 years as a broker owner of Coldwell Banker Town and Country Real Estate, which serves the Inland Empire.  Lance is an expert in residential REO sales, property has a huge property management business, and hires about 250 agents. Bruce and Lance discuss the private money and occupant world, FHA loan limits, credit requirements for Fannie and FHA, hedge funds, private financing, the recent nothing-down loan program, the age of decision-making for millennials compared to baby boomers, the duration after the recovery from a foreclosure or short sale credit, and much more on this week's Norris Group real estate radio show and podcast.

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Thursday, April 2, 2015

Coldwell Banker Pioneer Owner Lance Martin Joins Bruce Norris on the Real Estate Radio Show #428

Bruce Norris is joined this week by Lance Martin.  Lance has been in the real estate business for over 25 years as a broker owner of Coldwell Banker Town and Country Real Estate, which serves the Inland Empire in various locations.  Lance is an expert in residential REO foreclosure sales, property management, and running multiple locations. Bruce and Lance discuss Lance's start as an REO agent, Fannie's original policy of 25 REOs per city, automation and its effect on relationships in the industry, relationships in the 90s compared to the 2006-2010 cycle, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, March 27, 2015

Sean O'Toole of PropertyRadar Joins Bruce Norris on the Real Estate Radio Show #427

Bruce Norris is joined again this week by Sean O’Toole.  Sean is the founder and CEO of PropertyRadar.com, the only company that tracks every foreclosure in California with daily updates on all foreclosure auctions.  Sean is also experienced in flips, having done over 150 with both residential and commercial.  Using his extensive background in the software industry, he has revolutionized the foreclosure auction process as far as getting information and making it easy. Bruce and Sean discuss the affordability index, the repetitive nature of the affordability chart, people's views on good returns and interest rates, the increase in inventory according to CAR, the cycle being an anomaly, hedge funds, , and much, much more on this week's Norris Group real estate radio show and podcast.

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Monday, March 23, 2015

Sean O'Toole of PropertyRadar Joins Bruce Norris on the Real Estate Radio Show #426

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar.com, the only company that tracks every foreclosure in California with daily updates on all foreclosure auctions. Sean is also experienced in flips, having done over 150 with both residential and commercial. Using his extensive background in the software industry, he has revolutionized the foreclosure auction process as far as getting information and making it easy. Bruce and Sean primarily discuss changes PropertyRadar has made recently, including their expansion and clientele, the cost to have access to the information, HAMP loan mods being reset, rental markets, Airbnb and their global business, their competitor VRBO, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, March 13, 2015

Aaron Norris of The Norris Group Joins Bruce Norris on the Real Estate Radio Show #425

Bruce Norris is joined this week by his own son and vice president of the Norris Group, Aaron Norris. Aaron wears lots of hats at the Norris Group and has been responsible for changing the look of their education materials. The first document they did was the California Crash, where at the event Bruce heard audible gasps people were so amazed by the changes. They went from lots of information to Goldman Sachs type material. Coming from a Wall Street background and doing acquisitions and merger presentations, Aaron became nerdy at PowerPoint, Word, Excel, and Adobe. Once you start getting into some of the fancier programs and everything Bruce likes to do, it is the perfect blend. Bruce and Aaron discuss the many changes they will be implementing and have implemented at their company The Norris Group, including their new mobile-friendly website, their charts and seminar books with up-to-date information, their new digitized material, new videos on specific topics ranging from mold to termite inspection, new partnership opportunities, the new social media outlets, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, March 6, 2015

Economist John Husing Joins Bruce Norris on the Real Estate Radio Show #424

Bruce Norris is joined again this week by Dr. John Husing. Dr. Husing is a leading authority on the Inland Empire economy, an area he has been studying since he wrote his doctoral thesis on the region in 1964. His influence on the business and political landscape has been so extensive that the LA times named him one of the 100 most powerful people in Southern California in 2006. He is the writer of the Quarterly Economic Report, an economic newsletter now in its 20th year. His company, Economics and Politics, Inc, provides consulting services for municipalities and counties with economic strategies, statistical data packages, recommendations for public policy and presentations to businesses and political leaders about the nature of growth and economic trends in Southern California. His website includes copies of his newsletter, Power Point presentations of various speeches and photographic glimpses of his exotic travel adventures. Bruce and John discuss logistics jobs in the Inland Empire, the industrial part of commercial real estate, Fannie and Freddie's relationship with the banks, the lost labor force, the millennial generation and younger adults in the IE, the primary and secondary tiers in a city's journey, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, February 27, 2015

Economist John Husing Joins Bruce Norris on the Real Estate Radio Show #423

Bruce Norris is joined this week by Dr. John Husing. Dr. Husing is a leading authority on the Inland Empire economy, an area he has been studying since he wrote his doctoral thesis on the region in 1964.  His influence on the business and political landscape has been so extensive that the LA times named him one of the 100 most powerful people in Southern California in 2006.  He is the writer of the Quarterly Economic Report, an economic newsletter now in its 20th year.  His company, Economics and Politics, Inc, provides consulting services for municipalities and services with economic strategies, statistical data packages, recommendations for public policy and presentations to businesses and political leaders about the nature of growth and economic trends in Southern California.  His website includes copies of his newsletter, Power Point presentations of various speeches and photographic glimpses of his exotic travel adventures. Bruce and John discuss market cycles, the point of maximum financial risk, the number of jobs created in 2014 versus 2013, the Inland Empire being one of the strongest economies in the state, rationalize of both spending and receiving on loans, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, February 20, 2015

Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #422

Bruce Norris is joined again this week by Rick Solis. Rick is a fellow investor, property manager, property finder, and a good teacher. Bruce and Rick discuss how Rick got his start, his most influential educators, including Zig Ziglar and John Schaub, the scratch and dent method, property management lessons, his work with Andrea Esplin, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, February 13, 2015

Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #421

Bruce Norris is joined again this week by Rick Solis. Rick is a fellow investor, property manager, property finder, and a good teacher. Bruce and Rick discuss how he got his start in appraisals and financing, the appraisal world and how it has changed, concerns this has caused, values of properties in 2014, inventory and its effect on the softness of price, hedge funds and their influence in the area, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, February 6, 2015

Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #420

Bruce Norris is joined again this week by Cary Pearce. Cary is the current sales production manager for Provident Loans. As a production manager, he has closed almost 2500 loans for about $350 million in his career as well as supervised another $1 ½ billion in other closings. Cary started in the business in 1985 when he worked at Coldwell Financial. He later went to work for Acu Bank Mortgage, where he first met Bruce. Here he was promoted to a position of branch manager. He has been with Provident as their production manager since 2009. Bruce and Cary discuss the 3% down Fannie/Freddie program, FHA and conventional loans, loan-to-value loans, crowd funding, the ease of obtaining a loan when you are self-employed, available down payment programs, mortgage insurance, Fannie/Freddie rental programs, immigration law changes, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, January 30, 2015

Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #419

Bruce Norris is joined this week by Cary Pearce. Cary is the current sales production manager for Provident Loans. As a production manager, he has closed almost 2500 loans for about $350 million in his career as well as supervised another $1 ½ billion in other closings. Cary started in the business in 1985 when he worked at Coldwell Financial. He later went to work for Acu Bank Mortgage, where he first met Bruce. Here he was promoted to a position of branch manager. He has been with Provident as their production manager since 2009. Bruce and Cary discuss ARM products and VA loans, conventional loans, the loan market from 1985-1989, the two sides of the lending world, the GSEs five years from now, the downturn from 1990-1996, loan fraud, mortgage-backed securities, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, January 23, 2015

Harry Dent Joins Bruce Norris on the Real Estate Radio Show #418

Bruce Norris is joined again this week by Harry Dent. Harry is the founder of Dent Research and Economic Forecasting Firm. They specialize in demographic trends, and his mission is to help people understand change using new research developed from years of hand-on business experience. Mr. Dent offers unprecedented and refreshingly understandable tools for seeing the key economic trends that will affect your life, business, and investments over the rest of your lifetime. He has authored many books, including The Great Boom Ahead, and his latest book The Demographic Cliff. He is also editor of the free newsletter Economy and Markets. Bruce and Harry discuss the difference between the roaring 20s and the roaring 2000s, commodity prices, fracking, the hierarchy of cycles in the market, deflation, the areas of the market that peak the fastest, people's responses to bubbles, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, January 16, 2015

Harry Dent Joins Bruce Norris on the Real Estate Radio Show #417

Bruce Norris is joined this week by Harry Dent. Harry is the founder of Dent Research and Economic Forecasting Firm. They specialize in demographic trends, and his mission is to help people understand change using years of hand-on business experience. Mr. Dent offers unprecedented and refreshingly understandable tools for seeing the key economic trends that will affect your life, business, and investments over the rest of your lifetime. He has authored many books, including The Great Boom Ahead, and his latest book The Economic Cliff. He is also editor of the free newsletter Economy and Markets. Bruce and Harry discuss the baby boomer and millennial generation, the correlation between the birth index and booms and busts in the economy, large participants and hedge funds in the economy, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, January 9, 2015

Eric Janszen, Economic and Financial Analyst of iTulip, Joins Bruce Norris on the Real Estate Radio Show #416

Bruce Norris is joined this week by Eric Janszen. Eric is an economic analyst with more than two decades of experience as a technology industry executive and venture capitalist. In 1998 he founded itulip.com, a financial analysis company with an amazingly accurate forecasting record. Eric is also the author of the post “Catastrophe Economy" and was last featured on the panel for I Survived Real Estate 2012.  Bruce and Eric discuss economic progress over the last five years, tapering, changes in the Fed fund rate, the value of the dollar, oil prices, our biggest exports, his book The Post Catastrophe Economy, and much more on this week's Norris Group real estate radio show and podcast.



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