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.

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Craig Hill of The Norris Group Joins Bruce Norris on the Real Estate Radio Show #365

Bruce Norris is joined again this week by Craig Hill. Craig has been an expert in the hard money loan business for many years. He joined the Norris Group when the company began in 1996 and is now going on 18 years. Bruce and Craig discuss the start of the Norris Group, the trust that is built with a business and its customers, million dollar borrowers versus million dollar investors, the surprise nature of the real estate business, the three pieces to the puzzle of selling a house, and much more on this week's real estate radio show and podcast.

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Craig Hill of The Norris Group Joins Bruce Norris on the Real Estate Radio Show #364

Bruce Norris is joined this week by Craig Hill.  Craig is a hard money loan expert who has been with the Norris Group since the company began in 1996. Bruce and Craig discuss hard money and the terms the Norris Group applies, the differences between the Norris Group and other lenders, how they look at transactions, credit scores and how they are affected, deals finding the owner, occupant funding, 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 #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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Tony Alvarez Joins Bruce Norris on the Real Estate Radio Show #362

Bruce Norris is joined this week by Tony Alvarez. Tony has been a great friend of Bruce’s over the years and has accomplished a lot. He also wears a lot of hats in that he is a buy/sell manager, a landlord, and he is an REO mentor. He is quite an addition to the industry, and Bruce was so excited that he talked him into speaking the first time years ago. Bruce and Tony discuss his approach when dealing with REOs, the importance of building relationships when forming a business, Bruce's experience with Flora Spiegel, the process of looping and how some will set people up to make sure they are of good character, their experience at the Millionaire Maker event, the growth both Bruce and Tony saw from so many students and investors at this event, and much, much more on this week's real estate radio show and podcast.

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Mike Cantu Joins Bruce Norris on the Real Estate Radio Show #361

Bruce Norris is joined again this week by Mike Cantu. Mike is an entrepreneur who made his fortune buying homes below market value. He would either hold them as rentals or flip them as profit. He also works out of his home and keeps everything simple. Bruce and Mike discuss the challenges and accomplishments throughout the year, the times when it is a good idea to not participate in the market, Nick Blackwell's impact on Mike's life, the number of people Mike flips homes to in a year, whether or not finding properties will be different in 2014, and much, much more on this week's real estate radio show and podcast.
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Mike Cantu Joins Bruce Norris on the Real Estate Radio Show #360

Bruce Norris is joined this week by Mike Cantu. Mike is an entrepreneur who made his fortune buying homes below market value. He would either hold them as rentals or flip them as profit. Bruce and Mike discuss his avid passion for reading up on real estate, his real estate and non-real estate goals for next year, the volume he expects to have going into 2014, the measurable progress both he and expert Jim Roane expect to see, the assignments he has on properties, the wise decisions people made during the 07-08 crisis, and much more on this week's real estate radio show and podcast.
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I Survived Real Estate 2013 Part 7 #359

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 their biggest concerns for the industry in the next year, including the economy, jobs, regulations and lack of political leadership, broad access to credit for qualified consumers, 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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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.

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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.

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I Survived Real Estate 2013 Part 3 #355

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 Christopher Thornberg, John Burns, Leslie Appleton-Young, and Sean O'Toole discussing demographics in the next ten years, the older generation owning more households, household formation, volume of sales for 2014, equity sales, underwater homeowners, the median price of distressed sales, first-time buyers in 2014, and much more on this weeks real estate radio show and podcast.

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I Survived Real Estate 2013 Part 2 #354

On October 18, 2013, 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 $90,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. In this segment, Bruce talks with panelists Christopher Thornberg and John Burns, discussing 2014's expected GDP growth, the uncertainty today about regulations and fundamentals, the building industry in the coming year, construction costs, the increase in single-family home sales, debt levels, new homes versus existing homes, inflation, the retirees demographic, and much more on this weeks real estate radio show and podcast.

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I Survived Real Estate 2013 Part 1 #353

On October 18, 2013, 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 $90,000 was raised to benefit Make a Wish and St. Jude Children’s Research Hospital. In this segment, Lainie Strouse of St. Jude's Children's Research Hospital and Sarah Pizzaruso talked about their organizations and how they help children with life-threatening illnesses.  In addition, Bruce Norris discussed who would be speaking on the panel and the different topics they would be covering, including what's in store for the remainder of 2013, the real estate market in the past year, California home sales, the loan business, mortgage rates, GDP growth, unemployment, and much more on this weeks real estate radio show and podcast.

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Craig Blunden Joins Bruce Norris on the Real Estate Radio Show #352

Bruce Norris is joined this week by Craig Blunden.  Craig has been the president and chief executive officer of Provident Savings Bank since 1991.  In addition, he has been the chairman and chief executive officer of Provident Financial Holdings, Inc. since its formation in 1996.  He has been associated with Provident Savings Bank since 1974. Bruce and Craig discuss median prices in the 1970s and how things have changed, the downturn in the early 90s, the commercial business and the tax treatment it received, the percentage of Provident that is residential, commercial loans, amortization, the popularity of flipping homes, the future of Dodd-Frank, the event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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