I Survived Real Estate 2018 Part 2 #612

On Friday, September 28, the Norris Group proudly presented its 11th annual award-winning black tie event, I Survived Real Estate.  An incredible lineup of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, tech disruption, and opportunities emerging for real estate professionals.  All proceeds from the event benefitted Make A Wish and St. Jude Children's Research Hospital.  This event is not possible without the generous help of the following platinum partners: the San Diego Creative Real Estate Investors Association, InvestClub, Inland Empire Real Estate Investment Club, ThinkRealty, Wilson Investment Properties, Coach Fullerton, First Lending Solutions, PropertyRadar, the Apartment Owners Association, MVT Productions, and Realty411.  Visit www.isurvivedrealestate.com for event information, and see Amazon Prime or YouTube for past events.

This week is Part 2 of the radio show covering I Survived Real Estate 2018. Covered in this segment is this year's Rohnny Award winner and everyone he impacted, John Burns and Doug Duncan's take on the market, changes in the industry that shocked them, influential factors that affect the market, the latest government policy that is significant to real estate, factors that cause a recession, and much more.

The Norris Group would like to thank its Gold Sponsors for supporting I Survived Real Estate: Coldwell Banker Town and Country, Guaranteed Rate and Nathan Chabolla, In A Day Development, Inland Valley Association of Realtors, Jason Thorman with Coldwell Banker, Jennifer Buys Houses, Keystone CPA, LA South REIA, Las Brisas Escrow, Lawyers Title, Michael Ryan & Associates, New Western, NorcalREIA, NSDREI, Orange County Real Estate Investors, the Outspoken Investor, Pacific Premier Bank, Pasadena FIBI, Pilot Limousine, RealWealth Network, Rick and LeeAnne, SJREI, Spinnaker Loans, South OC REIA, Tri-Counties Association of Realtors, uDirect IRA Services, White House Catering.  See www.isurvivedrealestate.com for event information.

Play Now

I Survived Real Estate 2017 Part 3 on the Real Estate Radio Show #560

On Friday, September 22, the Norris Group proudly presents its 10th 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. All proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event would not be possible without the generous help of the following platinum partners: HousingWire, Coach Fullerton, Coldwell Banker Town and Country, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub, Las Brisas Escrow, MVT Productions, Inland Empire Real Estate Investment Club, Realty411, and White House Catering.

This week's broadcast is part 3 of I Survived Real Estate 2017. Hear from Doug Duncan, David Kittle, and John Burns on what organizations they are a part of, their take on the real estate market including quntitative uneasing, college debt, market sentiment, how the Mortgage Collaborative got started, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: First Lending Solutions, Guaranteed Rate and Nathan Chabolla, In A Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, LA South REIA, Michael Ryan, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, RealWealth Network, Rick and LeeAnne Rossiter, the San Jose Real Estate Investors Association, San Francisco Bay Real Estate Networking Summit, Sonoca Properties, South Orange County Real Estate Club, Spinnaker Loans, Think Realty, uDirect IRA Services, Westin South Coast Plaza, Wilson Investment Properties, Inc. See www.isurvivedrealestate.com for event information.

Play Now

Doug Duncan of Fannie Mae Joins Bruce Norris on the Real Estate Radio Show #557

On Friday, September 22, the Norris Group proudly presents its 10th 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. All proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event would not be possible without the generous help of the following platinum partners: HousingWire, Coach Fullerton, Coldwell Banker Town and Country, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub, Las Brisas Escrow, MVT Productions, Inland Empire Real Estate Investment Club, Realty411, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets

Bruce Norris is joined this week by Doug Duncan. He is Fannie Mae’s Senior Vice President and Chief Economist. He is responsible for providing all forecasts and analyses of the economy and housing and mortgage markets for Fannie Mae. He also oversees corporate strategy and is responsible for strategic research regarding external factors and their impact on the company and housing industry. He serves as the Chair of the Fannie Mae corporate house price forecast committee. Named one of Bloomberg Businessweek’s 50 most powerful people in real estate, Duncan is Fannie Mae’s source for information and analysis on the external business and economic environment, the implications of change in the economic environment to the company’s strategy and execution, and forecasting for housing activity, demographics, overall economic activity, and mortgage market activity.

Bruce and Doug discuss what we should expect for GDP growth, the likelihood of the Fed raising rates, the effects demographics have on GDP growth and inflation, whether we could see millennials migrating out of the state, factors that could fuel a recession, and much more on this week's Norris Group real estate radio show and podcast.

Doug Duncan will be one of the featured speakers on the panel at I Survived Real Estate. The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: First Lending Solutions, Guaranteed Rate and Nathan Chabolla, In A Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, LA South REIA, Michael Ryan, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, RealWealth Network, Rick and LeeAnne Rossiter, the San Jose Real Estate Investors Association, San Francisco Bay Real Estate Networking Summit, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, Think Realty, uDirect IRA Services, Westin South Coast Plaza, Wilson Investment Properties, Inc. See www.isurvivedrealestate.com for event information.

Play Now

I Survived Real Estate 2016 Part 3 on the Real Estate Radio Show #512

On Friday, October 21, the Norris Group proudly presents its 9th 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 for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce opened the event by bringing up his first two guest panelists. The first up was John Burns, founder of John Burns Real Estate Consulting. He founded his company in 2001 to help executives make informed investment decisions. Before founding the company he worked at a national consulting firm for four years, and he worked for ten years at KPMG. He worked as a CPA and aid in their consulting practice. He is a highly sought after speaker, especially adept at making complicated analysis easy to understand. 410,000 people follow him on LinkedIn, and 30,000 plus subscribe to his emails. His new book Big Shifts Ahead offers insights and clarity into demographic shifts that can create exciting opportunities for business professionals.

Joining John was Doug Duncan. Doug is Fannie Mae’s Vice President and Chief Economist. He is responsible for managing Fannie Mae’s strategy division in economics and mortgage market analysis groups. Prior to joining Fannie Mae, Duncan was Senior Vice President and Chief Economist at the Mortgage Bankers Association. He was recently honored with the National Association of Business Economics as the most accurate forecaster two years running. This was the first time anyone had won this. Named one of Bloomberg Business Week’s 50 Most Powerful People in real estate, Duncan is a frequent speaker on the national and state economic housing and mortgage market conditions

This week's radio show covers demographics on a scale of 1 to 10, the big game-changer for the economy in 2008, the law regarding portfolios and who mainly buys them, the current homeownership rate and where we should expect it to go, a nothing-down loan program and what the result of this would be, the different groups of millennials and their effect on the economy, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thanks its gold sponsors for supporting I Survived Real Estate: Auction.com, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, L.A. Green Designs, LA South REIA, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Orange County Building Industry Association, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, Real Wealth Network, Realty411 Magazine, Realty Executives Inland Empire, Rick and Leanne Rossiter, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, uDirect IRA Services, Westin South Coast Plaza, Wholesale Capital Corporation, and Wilson Investment Properties Inc.

Play Now

Doug Duncan of Fannie Mae Joins Bruce Norris on the Real Estate Radio Show #504

On Friday, October 21, the Norris Group proudly presents its 9th 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 for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Doug Duncan. Doug is Fannie Mae’s senior vice president and chief economist. He is responsible for providing all forecasts and analysis on the economy, housing, and mortgage markets for Fannie Mae. Duncan also oversees corporate strategy and is responsible for strategic research regarding external factors and their potential impact on the company and housing industry. He serves as the chair of the Fannie Mae Corporate House Price forecast committee. Named one of Bloomberg Business Week’s 15 most powerful people in real estate, Duncan is Fannie Mae’s source for information analysis on the external business and economic environment. This includes the implications of changes in the economic environment to the company strategy and execution as well as forecasting for housing activity, demographics, and overall economic and mortgage market activity.

Bruce and Doug discuss external factors and their impact on the market, sovereign debt, fiscal policy and whether we will see it change after the election, China's economy and capital market, the owner-occupancy percentage rate in the housing market, renters and homeowners and who spends the most on housing, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thanks its gold sponsors for supporting I Survived Real Estate: Auction.com, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, L.A. Green Designs, LA South REIA, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Orange County Building Industry Association, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, Real Wealth Network, Realty411 Magazine, Realty Executives Inland Empire, Rick and Leanne Rossiter, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, uDirect IRA Services, Westin South Coast Plaza, Wholesale Capital Corporation, and Wilson Investment Properties Inc.

Play Now

I Survived Real Estate 2015 Part 2 #458

On Friday, October 16, the Norris Group proudly presents its 8th 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: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, First Lending Solutions, and White House Catering. For event information, visit isurvivedrealestate.com.

This week's segment begins with Bruce Norris presenting this year's Rohny award to Ward Hanigan. Bruce shared Ward's life story and the impact he had on so many through his teachings. After presenting the award, Bruce discusses reverse and undue stimulus, using a house that went through several different price changes over the years as an example. Next, he brings up the first two panelists at the event, David Kittle and Doug Duncan. David Kittle Senior Vice President of Federal Solutions for First American Mortgage Solutions, specializing in risk mitigation and analytics. Doug Duncan is Fannie Mae’s Chief Economist and Vice President. Together, they discuss the state of the market and if we have moved from a vindictive state to a constructive one as well as the increase in costs, the time it takes to close a loan, the house discussed earlier and its price journey, and the majority of millennials living at home on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Kucan and Clarke, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, NationalREIA, Northern California Real Estate Investors Association, North San Diego Real Estate Investors, Pasadena FIBI, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Resonant Lens Photography, Rick and LeeAnne Rossiter, Sacramento Real Estate Club - Capital City Wealth Builders, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, and Wilson Investment Properties, Inc.

Play Now

Doug Duncan of Fannie Mae Joins Bruce Norris on the Real Estate Radio Show #453

On Friday, October 16, the Norris Group proudly presents its 8th 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: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, First Lending Solutions, and White House Catering. For event information, visit isurvivedrealestate.com.

 Bruce Norris is joined this week by Doug Duncan. Doug is Fannie Mae’s senior vice president and chief economist. He is responsible for providing all forecasts on the economy, housing, and mortgage markets for Fannie Mae. He also oversees corporate strategy and is responsible for strategic research regarding external factors and their potential impact on both the company and housing industry. Doug was named one Bloomberg Business Week’s 50 most powerful people in real estate. He was also one of Inman News’ 100 most influential real estate leaders for 2013. Prior to joining Fannie Mae, Duncan was senior vice president and chief economist at the Mortgage Bankers Association. Doug will be featured on the panel at I Survived Real Estate 2015. Bruce and Doug discuss the current sentiment index and how this affects people's actions, their current survey of millennials, the current income gap, the inventory and lack of pricing pressure in Riverside, profit motive in 2015, people's view of housing at this point, potential tax policy changes, and much, much more on this week's Norris Group real estate radio show and podcast.

 The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Capital City Wealth Builders, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, North California Real Estate Investors Association, North San Diego Real Estate Investors, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Rick and LeeAnne Rossiter, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, Wilson Investment Properties, FIBI Pasadena, and Scott Whaley.

Play Now

Mike Novak-Smith and Ted Boecker of RE/MAX Join Bruce Norris on the Real Estate Radio Show #431

Bruce Norris is joined again 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 also 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 difficulty today in getting loans, hedge funds, the decrease in loans handled by FHA, the need for a open market sale, the cut in full-time jobs, the initial pre-qual process, the decline in FHA loan limits, and much more on this week's Norris Group real estate radio show and podcast.

Play Now

John Burns Joins Bruce Norris on the Real Estate Radio Show #414

Bruce Norris is joined again this week by John Burns.  John is the CEO of John Burns real estate consulting firm, located in Irvine.  They are a national source of independent housing research, advice, and consulting.  Their mission is to help executives make informed housing industry decisions.  His firm provides builders, developers, banks, lenders, investors, and building product manufacturers with timely analysis they need in order to make smart decisions quickly and cost effectively.  Research is backed by detailed data as well as proprietary tools and experienced professionals around the country. Bruce and John discuss the market for this year and if it met their predictions, construction numbers in California, development costs, subdivision creation in Riverside County, FHA's reduction of loan balance and how it affects builders, unsold inventory versus sales, Fannie and Freddie's new 3% down loan program, single-family rental homes, and much, much more on this week's real estate radio show and podcast.




Play Now

Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #401

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 Doug Duncan.  Duncan is the Chief Economist and vice president of Fannie Mae.  He manages Fannie Mae’s strategy division and economics in the mortgage market analysis groups.  In this leadership role, Duncan provides all economic housing and mortgage market forecasts.  He also serves as company thought leader and spokesperson on economic and mortgage market issues.  Doug also researches external factors in the economy and how they could impact the company and the housing industry. Bruce and Doug Discuss discuss the overall market and what came as a surprise, interest rates and what happens when they rise, the number of young adults still living at home or unemployed, the job market as a whole, immigration, the mood of Congress towards real estate, and much, much more on this week's real estate radio show and podcast.

Doug Duncan 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




Play Now

Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #367

Bruce Norris is joined again this week by Cary Pearce. Cary is the production manager for Provident Bank Mortgage. They do about $20 million in volume a month. He has been with them for four and a half years and has been in the industry for 28 years. Bruce and Cary discuss FHA loan limits, FHA loans at the end of 2013, mortgage-backed securities, the hole in the marketplace right now for new construction,  price gains, conventional loans, and much more on this week's real estate radio show and podcast.

Play Now

Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #366

Bruce Norris is joined this week by Cary Pearce. Cary is the production manager for Provident Bank Mortgage. He is in the Inland Empire, and they do about $20 million a month. He has been with them for four and a half years and has been in the industry for 28 years. Bruce and Cary discuss the mortgage industry today compared to 2006, prices in the 80s and early 90s, the new QM rules, concerns over the new oversight,automated approvals by the FHA and GSEs, the 417 loan amount, the advantage of a conventional loan and its lower PMI factor, and much more on this week's real estate radio show and podcast.

Play Now

I Survived Real Estate 2013 Part 5 #357

On October 18, 2013, The Norris Group proudly presented I Survived Real Estate 2013. An expert line-up of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and the outlook for real estate in the coming year. Over $90,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. In this segment, Bruce continues his discussion with Debra Still and Mark Palim, covering topics such as the impact of rising interest rates on the housing recovery, the ridiculous interest rates we see today, slowdown in sales and appreciation in prices, the increase in ARMs, popular past products not coming back, the current cap on fees, the percentage of loans in 2013 that would not meet QM, the 3-point rule and the negative impact on small loan amounts, and much, much more on this week's real estate radio show and podcast.

Play Now

I Survived Real Estate 2013 Part 4 #356

On October 18, 2013, The Norris Group proudly presented I Survived Real Estate 2013. An expert line-up of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and the outlook for real estate in the coming year. Over $90,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. In this segment, Bruce talks with panelists Leslie Appleton-Young, Sean O'Toole, Debra Still, and Mark Palim discussing the status of first-time buyers in 2014, affordability, hedge fund participation, market makers, the decline of loan limits, the current mood of the industry, the drivers of future housing demand, the attitude of decision-makers, and much more on this week's real estate radio show and podcast.

Play Now

Doug Duncan Joins Bruce Norris on the Real Estate Radio Show #351

Bruce Norris is joined this week by Doug Duncan.  Doug is Fannie Mae’s Vice President and Chief Economist.  He is responsible for managing Fannie Mae’s strategy division, economics, and mortgage market analysis groups.  In this leadership role, Duncan provides all economic housing and mortgage market forecasts and analysis.  He also serves as the company’s thought leader and is a spokesman on economic and mortgage market issues. Bruce and Doug discuss the housing market today compared to a year ago, the decline in construction employment, organic growth in the market, population and demographics being the driving factors in the housing market, buyer mentality, the percentage of the market Fannie and Freddie have, shadow inventory, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

Play Now

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.

Play Now

I Survived Real Estate 2012 Part 3 #303

On October 19, 2012, The Norris Group proudly presented I Survived Real Estate 2012.  An expert line-up of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and the outlook for real estate in the coming year.  Over $77,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. Bruce Norris continues his discussion with Mark Palim and Eric Janszen on where we are in the housing market, interest rates, that positives that got us off the bottom of the market, the driving forces behind the improvement in the market, what new policies could be implemented, the significance of QE3, the importance of housing to an economic recovery, and more.  Bruce also introduced Sara Stephens from the Appraisal Institute, Gary Thomas from the National Association of Realtors, and E.J. Burke from Key Bank Real estate Capital.  Bruce discusses with them the appraisal process and appraisal world, mortgage industry rules, the appraisal management company's design to provide a barrier between the appraiser and the rest of the participants, and more.  To find out more, tune in next week for I Survived Real Estate 2012, part 4.

Play Now

I Survived Real Estate 2012 Part 2 #302

On October 19, 2012, The Norris Group proudly presented I Survived Real Estate 2012.  An expert line-up of industry experts joined Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and the outlook for real estate in the coming year.  Over $77,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. Sarah Pizzaruso from Make a Wish spoke about five-year old McClain who had his wish granted to play football with a professional team and how this affected so many others, including his family and those at the stadium.  Lainie Strouse from St. Jude's Children's Research Hospital also spoke about the child Braden who they have helped as well as the the many progressions they are making in the medical field and in cancer research.  In the broadcast segment, Bruce Norris discusses the value of real estate properties today compared to early 2000, underwater borrowers, our current interest rates, unsold inventory in California, what is being done to provide relief more quickly, and much more.  He also discusses with Fannie Mae's economic director Mark Palim consumer sentiment towards the market, their expectations on housing prices, increased rents, and if we have passed the bottom of the housing market.  To find out more, tune in next week for I Survived Real Estate 2012, part 3.

Play Now

E.J. Burke, Vice Chairman of the Mortgage Bankers Association, Joins Bruce Norris on the Real Estate Radio Show #298

Bruce Norris is joined this week by E.J. Burke. E.J. is vice-chairman of the Mortgage Bankers Association as well as the executive vice president and group head of Key Bank Real Estate Capital and Corporate Banking Services. This is a division of Key Bank NA. Burke is one of five group heads in Key Corporate Banking Division with responsibilities for Key Bank’s real estate capital, Key’s treasury management services, international and foreign exchange services, custody services, and the financial institution’s client segment.
Bruce and E.J. discuss off-balance sheets and what this means, Dodd-Frank and the new rules that will come from this act, the process for securitizing a loan today compared to the past, the changes that may be coming to the real estate industry, loan policy in today's market, shadow inventory, and much more on this week's real estate radio show and podcast. 

In other news, the fifth annual I Survived Real Estate will be meeting on October 19 this year.  The Norris Group would like to thank their gold and platinum sponsors for helping to make this event possible.  E.J. Burke will be joining the panel at I Survived Real Estate 2012.   

Play Now

Mark Palim, Director of Economics for Fannie Mae, Joins Bruce Norris on the Real Estate Radio Show #292

Bruce Norris is joined this week by Mark Palim. Mark is a director in the economic and strategic research group at Fannie Mae. His work focuses on the impacts of trends in the financial services sector on the economy and on Fannie Mae. Dr. Palim has a Ph.D. in economics from George Mason University and a B.A. in international studies from John Hopkins University. He lives in Bethesda, Maryland and will join the panel at I Survived Real Estate. Bruce describes Mark as being in the What’s Next? Business. He has to look in the future and tell people what is likely going to happen next. 
Bruce and Mark discuss the current status of the ten-year Treasury bill, the dislocation created in our economy, the impending fiscal cliff, the real estate market in the last five years, the signs of stability and what is causing them, shadow inventory, the current economic outlook, and much more on this week's real estate radio show and podcast.

In other news, the fifth annual I Survived Real Estate will be meeting on October 19 this year.  The Norris Group would like to thank their gold and platinum sponsors for helping to make this event possible.  Mark Palim will be joining the panel at I Survived Real Estate 2012.   


Play Now