Mark Dowling, Steve Manos, and Paul Herrera of the Inland Valley Association of Realtors Join Bruce Norris on the Real Estate Radio Show #284

This week Bruce Norris is joined by Mark Dowling, Steve Manos, and Paul Herrera of the Inland Valley Association of Realtors.  Mark serves as the Chief Executive Officer for the non-profit Inland Valley Association of Realtors, while Steve Manos is the current president and Paul Herrera the government affairs director.  Bruce, Mark, Paul, and Steve discuss the percentage of short sale inventory in the market, the number of sales in the market currently, the escalating market, the ease of receiving a loan today, the impact of REOs on the market, the Homeowner Bill of Rights, foreclosure alternatives are that the legislation wants to be available, and much, much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Mortgage Holdings, Joins Bruce Norris on the Real Estate Radio Show #283

This week Bruce Norris is joined once again by Rick Sharga.  Rick is an executive vice-president at Carrington Mortgage Holdings, LLC.  Rick is one of the nation’s most frequently quoted sources on foreclosure, mortgage, and real estate trends.  He has appeared on NBC Nightly News, CNN, CBS, NBC, ABC, CNBC, Fox, and NPR.  Rick is a member of the Board of Directors of REOMAC and the president of the Technology Council of Southern California.  Bruce and Rick discuss how Rick handles trustee sales, the new challenges in the market, the shift from lender rights to people in foreclosure rights, the percentage of borrowers upside down, the change in the percentage of FHA loans to credit scores, the real estate market in the coming years, and much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Mortgage Holdings, Joins Bruce Norris on the Real Estate Radio Show #282

This week Bruce Norris is joined  by Rick Sharga.  Rick is the executive vice-president at Carrington Mortgage Holdings, LLC.  He is one of the nation’s most frequently quoted sources on foreclosure, mortgage, and real estate trends.  He has appeared on NBC Nightly News, CNN, CBS, NBC, and just about every possible outlook.  Rick is also a member of the board of directors of REO Max and president of the Technology Counsel of Southern California.  Bruce and Rick discuss what his job as the vice-president of Carrington entails, the company itself and how it was started, bulk purchases of loans as well as loan pools, the concentration in the location of loans, foreclosure laws, the increase in rental properties and rates, Rick's plans to create a REIT,  and much more on this week's real estate radio show and podcast.

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Vice President and Chief Economist of CAR Leslie Appleton-Young Joins Bruce Norris on the Real Estate Radio Show #281

This week Bruce Norris is joined once again by Leslie Appleton-Young.  Leslie is vice-president and chief economist for the California Association of Realtors, a statewide trade organization with over 150,000 members dedicated to advancement of professionalism in real estate.  Leslie directs the activities of the association’s member information group.  She oversees the analysis of the housing market and brokerage industry trends, member communication, and membership development activities.  She also is closely involved in the association’s strategic planning efforts and is a well-known speaker in California.  Bruce and Leslie discuss the increase in the percentage of equity sellers, buyers today compared to 2006, REOs and shadow inventory, the percentage of inventory sales in California, household formation, the status of Fannie and Freddie in the future, Proposition 13, and much more on this week's real estate radio show and podcast.

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Vice President and Chief Economist of CAR Leslie Appleton-Young Joins Bruce Norris on the Real Estate Radio Show #280

This week Bruce Norris is joined by Leslie Appleton-Young.  Leslie is vice-president and chief economist for the California Association of Realtors, a statewide trade organization with over 150,000 members dedicated to advancement of professionalism in real estate.  Leslie directs the activities of the association’s members investment group or information group.  She oversees the analysis of the housing market and broker industry trends, member communication, and membership development activities.  She also is closely involved in the association’s strategic planning efforts and is a well-known speaker in California.  Bruce and Leslie discuss the current market and how we are doing compared to past years, the increase in median prices, the supply of short sales in the market, the percentage drop from the peak of the market to the bottom in early 2009, the change in inventory in the last few months, the nothing-down loan program Bruce and Sean O'Toole discussed in Washington, what the market was like at the peak in 2007, California compared to the rest of the country, and much more on this week's real estate radio show and podcast.

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