Bruce Norris is joined this week by John Burns. John is the CEO of John Burns Real Estate Consulting Firm, and he has put together quite a talented team of trusted advisors. They do service for banks, lenders, builders, developers, investors, and product manufacturers. It is a very well-respected business, and Bruce has been amazed at the transformation over the last five years. As the downturn has occurred, his business has grown and expanded. John said they have diversified, and if he had continued hanging out with homebuilders he might not have done quite as well. Bruce and John discuss construction's impact on unemployment, commercial occupancy, increased pricing amongst distressed real estate, a recent report by CAR, below replacement cost, the problem with the lack of available building lots, the fiscal cliff, tax structure, and more on this week's real estate radio show and podcast.
Tune in next week as Bruce continues his discussion with John Burns on part 2 of this segment of the Norris Group real estate radio show and podcast.
Tune in next week as Bruce continues his
discussion with John Burns on part 2 of this segment of the Norris Group real
estate radio show and podcast.
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