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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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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Selma Hepp of CAR Joins Bruce Norris on the Real Estate Radio Show #374

Bruce Norris is joined again this week by Selma Hepp. Selma is the senior economist for the California Association of Realtors, a statewide trade organization with more than 100,000 members dedicated to the advancement of professionalism in real estate. Selma directs the activities of the association’s research and economics group. She oversees the research and analysis of housing markets and economic trends, member and consumer surveys, and the impact of real estate related regulatory and legislative policies. She earned her Masters degree from SUNY in Buffalo and a PhD from the University of Maryland. Bruce and Selma discuss immigration, household formation, affordability and percentage points, first-time home buyers, the amount of single people who now own households, the demand brought in by the 2009 tax credit, default rates, and much more on this week's real estate radio show and podcast.

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I Survived Real Estate 2013 Part 6 #358

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 the entire panel of experts, discussing what surprised each of the experts in the last two years, including price aggression, out migration, inventory as both a leading indicator and a predictor, the affordability index, cash-out refis, the institutional structure of mortgage originations, much more on this week's real estate radio show and podcast.

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John Burns Joins Bruce Norris on the Real Estate Radio Show #348

Bruce Norris is joined this week by John Burns.  John is the CEO of John Burns Real Estate Consulting.  John and his team consult with executives all over the country analyzing and summarizing the information they need to make housing industry decisions with more confidence.  The company is on retainer with many of the largest companies in housing and investment industries.  They produce regular monthly reports on housing market conditions and customizing specific studies to help with strategic and community-specific decisions.  John is also a frequent speaker and has been interviewed by most of the major media. Bruce and John discuss the client base at his office and how much his staff has grown, the foreign buyer market, warning signs in the market, the current state of real estate prices, the building market, unsold homes as a percentage of inventory, the new criteria for getting a loan, FHA policies, the upcoming event I Survived Real Estate 2013, and much more on this weeks 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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Rick Solis Joins Bruce Norris on the Real Estate Radio Show #330

Bruce Norris is joined this week by Rick Solis. Rick wears a lot of hats. He is an investor, an appraiser, hard money lender, a landlord, and on occasion he puts on his teacher’s hat. Bruce and Rick discuss appraisals and comparables that Rick does for the different areas, automatic appraisals and other review processes, price increases and price movement and what this holds in the future, inventory levels, 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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Tony Alvarez Joins Bruce Norris on the Real Estate Radio Show #314

Bruce Norris is joined again this week by Tony Alvarez. Tony is the owner of Evergreen Properties.  He buys and sells, buys and holds, manages his own properties, and has become one of the most sought after speakers and trainers. Bruce and Tony discuss his deal source in 2012, REO agents in the short sale world, acquisitions, hedge fund buyers, rental properties, price aggression, the building industry, and more on this week's real estate radio show and podcast. 

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Sean O'Toole on the Norris Group Real Estate Radio Show #312

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and president of ForeclosureRadar.com, a website that has pretty much revolutionized the trustee sale-buying business. Bruce and Sean discuss surprising changes at the end of last year, the number of people in foreclosure or 90+ days late in California, prices in 2013, their trip to Washington D.C., inflation, the credit world, and more on this week's real estate radio show and podcast. 

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John Burns of John Burns Real Estate Consulting Joins the Norris Group Real Estate Radio Show #308

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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Mike Cantu, Tony Alvarez, and Rick Solis Join Bruce Norris on the Real Estate Radio Show #300

For our 300th radio podcast, Bruce Norris is joined by three special guests: Rick Solis, Mike Cantu, and Tony Alvarez. Rick Solis is a very successful investor who flies a little bit below the radar. He is an appraiser, buys trust deeds, and buys properties. Tony Alvarez, who invented the radar, is the REO Mentor and is a very successful buyer and teacher. He works with buying and holding, buying and selling, does wholesaling, and buys currently out of the MLS. Mike Cantu is a very successful property buyer. He has been a developer, landlord, and trainer. He is specialized in talking to clients on the phone and never meeting a soul who he buys houses from. Bruce discusses with them home prices in the lower end markets as well as the varying cities, hedge funds, the competition in the market and private party deals Mike has put together, the mailers Rick sends out and the attitude of those receiving them, the difference today when promising returns, the inevitable price increases, 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.

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Lance Martin, Mike Novak-Smith, and Steve Silva Join Bruce Norris on the Real Estate Radio Show #289

Today on the show are three special guests. Lance Martin has been in the real estate business for 24 years as broker/owner of Coldwell Banker Pioneer Real Estate, which serves the Inland Empire.
Lance is an expert in residential REO foreclosure sales and owns offices in several Southern California counties.
Mike Novak-Smith is not only one of the largest REO agents in the Inland Empire but also the nation. Mike is in the top 1% of all real estate agents nationwide and is experienced in REO short sales, bankruptcies, asset management, and negotiating. He also specializes in the Inland Empire as well.
Steve Silva owns several businesses including Market Point Realty and Las Brisas Escrow. Steve is an expert in residential REO sales as wells as being a real estate investor. 
Bruce discusses with them the future status of where inventory is going to come from, what inventory investors might find to buy, the volume of REO sales in the early 90s compared to the 2007-2012 years, property values in the 90s and today, the loan modification programs and which have been successful, and much more on this week's real estate radio show and podcast.

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I Survived Real Estate 2011 part 7 #254

This week, The Norris Group presents the audio portion from the event I Survived Real Estate 2011. This award-winning event has raised over $250,000 since its inception four years ago thanks to the support of all the sponsors and individuals donors that participate. This year, the event focused on current industry regulation, head-scratching legislation, and the opportunities emerging for savvy real estate professionals from an exciting lineup of experienced experts from multiple industries. The video is available on the website. This week's radio show features all six panelists, who discuss the uncertainty in the lending community, stable employment, underinvestment in the economy, the 203k program that existed back in the 90s, changes that need to be made to HARP and new regulations, what each of the panelists would like to see accomplished in their industry, and much more on this week's real estate radio show and podcast.
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Ray McLaine Joins Bruce Norris on the Real Estate Radio Show #225

This week Bruce is joined once again by Ray McLaine. Ray is the founder and president of the Commercial REO Brokers Association. Ray began his career in commercial real estate 30 years ago. He has developed apartment complexes, condo projects and a mini warehouse.

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