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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Dave Cogdill Joins Bruce Norris on the Real Estate Radio Show #403

On Friday, October 24, the Norris Group proudly presents its 7th annual award-winning black-tie event I Survived Real Estate.  An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals.  Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital.  This event could not have been possible without the generous help of the following platinum partners: Auction.com, HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association and President Bill Tan, InvestClub for Women and Iris Veneracion, San Jose Real Estate Investors Association and Geraldine Barry, MVT Productions, and White House Catering.  For event information, visit isurvivedrealestate.com.   

Bruce Norris is joined this week by Dave Cogdill.  Dave is a former senator who is now president and CEO of the California Building Industry Association, a position he has served in since 2013.  Prior to serving on this board, Dave was the county assessor for Stanislaus from 2011-2013.  He also served as a commissioner on the California Water Commission.  He was also the chairman for the Maddy Institute at Fresno State University after departing from Legislature.  During his years in office, Dave worked a lot with leaders to resolve issue relating to rural, healthcare, and education.  For his service he has received several awards including the Prestigious Profiles and Courage Award from the John F. Kennedy Library Foundation. Bruce and Dave discuss the drought's effect on the building industry, legislation for drought relief, employment since the Great Recession, projections for 2013 going into 2014, unsold inventory, changes in the target buyers, the increase in multi-generational buyers, lowering FHA loan limits, foreign investors, the California business climate, and much, much more on this week's real estate radio show and podcast.

Bill Cosgrove will be featured on this years' panel for I Survived Real Estate 2014.  The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coldwell Banker Town and Country, Elite Auctions, In A Day Development, Inland Valley Association of Realtors, Investor Experts, Jennifer Buys Houses, Keystone CPA, Las Brisas Escrow, LA South REIA, Leivas Associates, Pilot Limousine, Primary Residential Mortgage, Northern California Real Estate Investors Association, North San Diego Real Estate Investors, Real Wealth Network, Realty 411 Magazine, Rick and LeAnne Rossiter, Personal Real Estate Magazine, SONOCA Corporation, Southpointe Companies, Spinnaker Loans, Tony Alvarez, and uDirect IRA Services, and the Council of Multiple Listing Services.  See isurvivedrealestate.com for video of the live event and more on our sponsors




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Beth Peerce of NAR Joins Bruce Norris on the Real Estate Radio Show #400

On Friday, October 24, the Norris Group proudly presents its 7th annual award-winning black-tie event I Survived Real Estate.  An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals.  Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital.  This event could not have been possible without the generous help of the following platinum partners: Auction.com, HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association and President Bill Tan, InvestClub for Women and Iris Veneracion, San Jose Real Estate Investors Association and Geraldine Barry, MVT Productions, and White House Catering.  For event information, visit isurvivedrealestate.com.   

Bruce Norris is joined this week by Beth Peerce.  Beth is this year’s vice president of the National Association of Realtors after having served as a realtor for over 35 years in Beverly Hills, California.  In addition, she is also the broker/owner of Primetime Properties located in Century City, California and whose specialty is residential real estate. Bruce and Beth discuss the real estate at the top end of the market, inventory levels and how much they have changed, the number of foreign occupants in the market, occupant speculators, interest rates today compared to twenty years ago, the effect interest rate hikes would have on price, the Dodd-Frank Act and if it is fully implemented, second-home mortgages, the attitude of millennial today, homeowners versus renters, and much, much more on this week's real estate radio show and podcast.

Beth Peerce will be featured on this years' panel for I Survived Real Estate 2014.  The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coldwell Banker Town and Country, Elite Auctions, In A Day Development, Inland Valley Association of Realtors, Investor Experts, Jennifer Buys Houses, Keystone CPA, Las Brisas Escrow, LA South REIA, Leivas Associates, Pilot Limousine, Primary Residential Mortgage, Northern California Real Estate Investors Association, North San Diego Real Estate Investors, Real Wealth Network, Realty 411 Magazine, Rick and LeAnne Rossiter, Personal Real Estate Magazine, SONOCA Corporation, Southpointe Companies, Spinnaker Loans, Tony Alvarez, and uDirect IRA Services, and the Council of Multiple Listing Services.  See isurvivedrealestate.com for video of the live event and more on our sponsors




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Tony Alvarez Joins Bruce Norris on the Real Estate Radio Show #363

Bruce Norris is joined again this week by Tony Alvarez. Tony is a buyer and seller of properties and has been a landlord, author, and teacher. Bruce and Tony discuss his rise to becoming an investor and his first time entering the market, his experience speaking at the Millionaire Maker, the real estate market in the early 90s, HUD auctions, the performance and relationship-building side of a business, and much, much more on this week's real estate radio show and podcast.

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Christopher Thornberg Joins Bruce Norris on the Real Estate Radio Show #347

Bruce Norris is joined this week by Christopher Thornberg. Christopher is the founding partner of Beacon Economics, LLC and widely recognized to be one of California’s leading economists. Bruce and Christopher discuss his upcoming speaking engagement on October 29th, the state of the economy and whether or not we are moving forward, quantitative easing, mortgage and the unemployment rate, underwater homeowners and lack of construction, the increase in home prices, California migration, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #346

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of Property Radar, and he was the founder of Foreclosure Radar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss how he got started in the foreclosure business, his new website in depth, short sales, the number of homeowners still underwater and emerging out from it, inventory levels, the predominance of refis in the lender business, the current CAP rate, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #345

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar, and he was the founder of ForeclosureRadar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss the new website for PropertyRadar, the trustee sale business and foreclosure market in the upcoming years, the tech market in 2005-2008, AVMs, the appraisal process, the market in Northern California, specifically San Francisco and San Jose, SB 391, shadow inventory, price increases over the years, median price and interest rates, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Ken Wilson Joins Bruce Norris on the Real Estate Radio Show #343

Bruce Norris is joined this week by Ken Wilson. Ken is the 213 president-elect of the Appraisal Institute. He was the organization’s vice president in 2012, which means he will serve as president in 2014 and as immediate past president in 2015. He also serves on the organization’s executive committee and on its policy-making board of directors. Ken has been involved in the appraisal industry for more than thirty years. He owns his own business in Dallas, and he has so many roles in the Appraisal Institute and similar organizations. Bruce and Ken discuss the Great Recession, the MAI and SRA designations, challenges are the appraiser looks at, legal and illegal additions added to properties and why it is important to have a professional inspect it, review appraisals, the start of appraisal management companies, how the quality of an appraisal is impacted, the concept of substitution, green improvements in the building industry, and much more on this weeks real estate radio show and podcast.

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Harry Dent Joins Bruce Norris on the Real Estate Radio Show #342

Bruce Norris is joined once again this week by Harry Dent. Harry is a New York Times best-selling author known for his ability to look at past cycles and demographics, to reject what is next for the economy, and where to most wisely invest. One of his most famous calls was writing a book back in 1992 entitled The Great Boom Ahead. When most of the authors were writing about a repeat of a Great Depression, in 2008 Harry also wrote a book projecting a Great Depression. His most recent work is The Great Crash Ahead, subtitled “For a World Turned Upside Down." Bruce and Harry discuss inflation and deflation, the target of the subtitle “For a World Turned Upside Down," the Great Depression of the 1930s and whether we will see another, historical debt bubbles, our long-term demographic downturn, the demographics of real estate, the baby boomer generation, and much more on this weeks real estate radio show and podcast.

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Harry Dent Joins Bruce Norris on the Real Estate Radio Show #341

Bruce Norris is joined this week by Harry Dent. Harry is a New York Times best-selling author known for his ability to look at past cycles and demographics, to reject what is next for the economy, and where to most wisely invest. One of his most famous calls was writing a book back in 1992 entitled The Great Boom Ahead. When most of the authors were writing about a repeat of a Great Depression, in 2008 Harry also wrote a book projecting a Great Depression. Bruce and Harry discuss how he is one of the few economists not afraid to share his opinions or be wrong, economic cycles, demographics, the down jones average, the second great depression and bubbles that were predicted, Japan's struggling market, Harry's criticism of what the government is currently doing, and much more on this weeks real estate radio show and podcast.

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Craig Hill Joins Bruce Norris on the Real Estate Radio Show #339

Bruce Norris is joined this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan business. He has been in the hard money loan business for over twenty years. Bruce himself has been a customer of his since 1993. Bruce and Craig discuss trust deed investing and their hard money loan program, owner-occupants, the Norris Group's borrower track record, costs involved with the lenders and borrowers, properties they loan on and their condition range, and much more on this week's real estate radio show and podcast.

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Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #337

Bruce Norris is joined this week by Doug Duncan. Doug is the senior vice president and chief economist for Fannie Mae. He is responsible for managing Fannie Mae’s economics and strategic research group.In this leadership role Duncan provides all economic housing and mortgage market forecast, analysis, and serves as the company’s thought leader internally and with the external constituent groups.Doug was recently named one of the 50 most powerful people in real estate. He has been a friend to investors and has invited them back to talk with Fannie and FHA about loosening up some of the loans that were given to investors. Bruce and Doug discuss how investors are a critical part of the market, the concern downward pressure on prices should people exit, Doug's paper "Unusually Uncertain," the question of whether it is a good time to sell, the lag in the consumer understanding of prices, the price recovery in California, underwater homeowners, and much more on this week's real estate radio show and podcast.

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Peter Fortunato Joins Bruce Norris on the Real Estate Radio Show #336

Bruce Norris is joined again this week by Peter Fortunato. Peter has been an investor for a very long time since 1965 and loves the business. He is a libertarian, a capitalist, and he believes that transactions result from carefully conceived goals and plans followed by purposeful action and scrupulous documentation. Bruce and Peter discuss repeat business when dealing with private parties, his situation with a property he tried to acquire and the nine heirs involved, Peter's mentors and the people he learned from, his start at the age of 18, his seminar "Peter Fortunato and Jay Turner Present Profits and Mortgages," and much more on this week's real estate radio show and podcast.

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Peter Fortunato Joins Bruce Norris on the Real Estate Radio Show #335

Bruce Norris is joined this week by Peter Fortunato. He is a long-time real estate investor, trainer, libertarian, a capitalist, and he believes that transactions result from carefully conceived goals and plans followed by purposeful action and scrupulous documentation. Bruce has known Peter as a trainer for many years, and even the most experienced investors learn from him and come home with their head hurting when they are done.

 Bruce and Peter discuss how he got his start in real estate, his first properties, the definition of an investor, the attitude of investors today compared to the 60s as well as interest rates, his most important transaction of his life, uncomfortable situations and how this affects him making a deal, and much more on this week's real estate radio show and podcast.

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Aaron and Bruce Norris of The Norris Group on the Real Estate Radio Show #334

In a reversal this week, Bruce Norris is the special guest again this week. He is interviewed by Aaron Norris, his son and Vice President of the Norris Group. Bruce is the president and founder of the Norris Group and has been a real estate investor since 1980. During this time he has been involved in over 2,000 transactions. As an investor, builder, and/or hard money partner he is best known for his long-term market timing reports including The California Comeback 1997, The California Crash 2006, and he is the moderator for I Survived Real Estate. This is their award-winning show that has produced almost $350,000 since its inception in 2008. Bruce and Aaron discuss California Comeback 2, doubling of prices, the handling of homes now compared to the boom, the decrease in labor and construction, migration, the Norris Group hard money loan program, the upcoming even I Survived Real Estate 2013, and much more on this week's real estate radio show and podcast.

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Aaron and Bruce Norris of The Norris Group on the Real Estate Radio Show #333

In a reversal this week, Bruce Norris is the special guest this week. He is interviewed by Aaron Norris, his son and Vice President of the Norris Group. Bruce is the president and founder of the Norris Group and has been a real estate investor since 1980. During this time he has been involved in over 2,000 transactions. As an investor, builder, and/or hard money partner he is best known for his long-term market timing reports including The California Comeback 1997, The California Crash 2006, and he is the moderator for I Survived Real Estate. This is their award-winning show that has produced almost $350,000 since its inception in 2008. Bruce and Aaron discuss the current market, Bruce's reports and his upcoming California Comeback 2, the charts and how they reflect the market, hedge funds, equity sellers, interest rates, the Fed's involvement in the market from 1970 to the present, and much more on this week's real estate radio show and podcast.

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Mike Novak-Smith Joins Bruce Norris on the Real Estate Radio Show #332

Bruce Norris is joined again this week by Mike Novak-Smith. Mike is with REMAX Results and is in the top 1% of agents nationwide. He is an expert in the disposition of REO, short sales, bankruptcies, asset management, and negotiation. Bruce and Mike discuss short sales, REOs, the attitude of homeowners and buyers now compared to the 90s, the percentage of people current on their mortgages, prices and hedge funds, the new home construction business, the trend today for getting people approved for loans, portfolio loans, and much more on this week's real estate radio show and podcast.

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Mike Novak-Smith Joins Bruce Norris on the Real Estate Radio Show #331

Bruce Norris is joined this week by Mike Novak-Smith.Mike is with REMAX Results and is in the top 1% of agents nationwide.He is an expert in the disposition of REO, short sales, bankruptcies, asset management, and negotiation.. Bruce and Mike discuss REOs, hedge funds, shadow inventory, inventory, properties for sale, FHA deals, and much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Holding Company, LLC, Joins Bruce Norris on the Real Estate Radio Show #329

Bruce Norris is joined again this week by Rick Sharga. Rick is the vice-president of Carrington Mortgage Holdings and one of the country’s most frequently quoted sources on foreclosure, mortgage, and real estate trends. Rick has appeared on every major network and news show in the country, and he has even briefed government organizations such as the Federal Reserve and Senate Banking committee on foreclosure trends. Prior to being with Carrington, Rick was senior vice president of RealtyTrac, which is responsible for marketing and business development. Bruce and Rick discuss interest rates and affordability, price increases and their effect on delinquencies, shadow inventory, REOs, ways to get inventory into the market, college debt, price movement, and much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Holding Company, LLC, Joins Bruce Norris on the Real Estate Radio Show #328

Bruce Norris is joined this week by Rick Sharga. Rick is an executive vice president at Carrington Mortgage Holdings, LLC. Rick is one of the most often quoted experts and has been on almost every television show about real estate records. He has been seen on NBC Nightly News, CNN, CBS, NBC. He is a trusted voice in what is going on in the real estate world. Bruce and Rick discuss the time he spoke in front of the Federal Reserve and Senate Banking Committee, vertical integration, Carrington Holding Company and their new programs and services, Carrington's business model in addition to other business models, rent values, long-term holds, and much more on this week's real estate radio show and podcast.

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