Bruce Norris is joined again this week by Leslie
Appleton-Young. Leslie is vice-president
and chief economist for the California Association of Realtors, a statewide
trade organization with 155,000 members dedicated to the advancement of
professionalism in real estate.Leslie
directs the activities of the association’s member information group.She oversees the analysis of the housing
market and brokerage industry trends. Bruce and Leslie discuss FHA financing, loan limits, Robert Schiller and his views housing investments, existing lots, the percentage of sellers who lost money, the short sale business, the return of the housing sector, Dodd-Frank, and much, much more on this week's real estate radio show and podcast.
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The Norris Group's award-winning Real Estate Radio Show and Podcast is hosted by author, California real estate investor, hard money lender and educator, Bruce Norris. Bruce covers topics including real estate regulation, legislation, economics, investor war stories, local investment news, and tricks of the investor trade. This is your no-nonsense connection to what's happening in the real estate investing world today.
Friday, February 22, 2013
Friday, February 15, 2013
Vice President and Chief Economist of CAR Leslie Appleton-Young Joins Bruce Norris on the Real Estate Radio Show #317
Bruce Norris is joined this week by Leslie
Appleton-Young. Leslie is vice-president
and chief economist for the California Association of Realtors, a statewide
trade organization with 155,000 members dedicated to the advancement of
professionalism in real estate.Leslie
directs the activities of the association’s member information group.She oversees the analysis of the housing
market and brokerage industry trends. Bruce and Leslie discuss equity and traditional sales, REOs becoming a smaller percentage of the market, the policies from the past that are still in effect today, CoreLogic's data on underwater mortgages, and much, much more on this week's real estate radio show and podcast.
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Friday, February 8, 2013
Cary Pearce with Provident Loans joins Bruce Norris on the Real Estate Radio Show #316
Bruce Norris is joined again this week by Cary
Pearce.Cary is the sales production
manager for Provident Loans, and he has been involved over his lifetime
involved in loans and about $ 1 billion and a half in closings. Bruce and Cary discuss Provident's policies for giving loans, overlays, requirements if you are self-employed, down payment required, cash reserves for occupant buyers, down payment gift programs, fourplex limits, VA loans, and much, much more on this week's real estate radio show and podcast.
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Friday, February 1, 2013
Cary Pearce with Provident Loans joins Bruce Norris on the Real Estate Radio Show #315
Bruce Norris is joined this week by Cary Pearce. Cary is the sales production manager for Provident Loans, and he has been in the business since 1985. He has closed about 2,500 loans himself, and he has also supervised about $1.5 billion in closing. Bruce and Cary discuss Provident's Inside Lending newsletter, the percentage of the market made up of short sales, the unemployment level, expected GDP growth, the interest rate when Cary first started in the business, jumbo loans and portfolio loans, FHA loans, and more on this week's real estate radio show and podcast.
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Friday, January 25, 2013
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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Friday, January 18, 2013
Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #313
Bruce Norris is joined again this week by Sean
O’Toole. Sean is the founder and president of ForeclosureRadar.com, one of the finest websites a real estate investor can get involved with on a regular basis.Sean has done an excellent job on the website and put his computer genius to work in the industry, saving a lot of people a lot of money. He has also created competition that did not exist prior to his website by making it easier for people
to become very proficient. Bruce and Sean discuss his foreclosure website and how it has grown into a short sale referral network, California's budget problems and where we may actually see improvement, delayed household growth, hedge funds and their impact on rents, REITs, affordability being close to all-time highs, new policies in the future following price aggression, and more on this week's real estate radio show and podcast.
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Friday, January 11, 2013
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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Friday, January 4, 2013
Susie Leivas on the Norris Group Real Estate Radio Show #311
Bruce Norris is joined once again this week by Susie Leivas. Susie is the CFO of Leivas Associates. She has been doing taxes for Bruce for many
years and has gotten a lot of referrals from him and other real estate
investors. Bruce and Susie discuss changing tax laws, capital gains, Social Security and when it is taxable, interest and charity deductions, a ROTH conversion, Section 179, and more on this week's real estate radio show and podcast.
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Friday, December 28, 2012
Susie Leivas of Leivas Associates Joins the Norris Group Real Estate Radio Show #310
Bruce Norris is joined this week by Susie Leivas. Susie is the CFO of Leivas Associates. She has been doing taxes since the ripe old age of thirteen, and she just started a new venture in the last year as a franchise owner. Bruce and Susie discuss her tax business, tax audits and what makes the more likely to happen, the general mood of the participant taxpayers, changes certain to come in 2013, the maximum rate change, the Dodd-Frank Act, Medicare and Social Security Taxes, the Federal Tax Rate, and more on this week's real estate radio show and podcast.
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Friday, December 21, 2012
John Burns of John Burns Real Estate Consulting Joins the Norris Group Real Estate Radio Show #309
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 California's current median price, the VA no-down borrower, the mood of the builders for the coming year, current stock prices, the problem of AMT, Proposition 13, and more on this week's real estate radio show and podcast.
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Thursday, December 13, 2012
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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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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Friday, December 7, 2012
I Survived Real Estate 2012 Part 7 #307
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 brought up the entire panel of experts to discuss industry trends and the coming legislation. Bruce discussed with them Chapter 9 bankruptcy, the housing bubble, government growth, commercial real estate, bank reserves, each panelist's view on the economy and where they saw it heading, and more.
Thank you so much for everyone who supported I Survived Real Estate and for listening. Tune in next week as Bruce interviews John Burns of John Burns Real Estate Consulting.
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Thank you so much for everyone who supported I Survived Real Estate and for listening. Tune in next week as Bruce interviews John Burns of John Burns Real Estate Consulting.
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Friday, November 30, 2012
I Survived Real Estate 2012 Part 6 #306
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 brought up the entire panel of experts to discuss industry trends and the coming legislation. Bruce discussed with them the FICO requirement for the average Fannie Mae loan, REITs, the new California foreclosure law, the California Homeowner Bill of Rights, the fiscal cliff, the general agreement on what needs to be cut, interest rate deductions, mortgage deductions, and more. To find out more, tune in next week for I Survived Real Estate 2012, part 6.
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Wednesday, November 21, 2012
I Survived Real Estate 2012 Part 5 #305
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 welcomed Rick Sharga of Carrington Holdings Company and Sean O'Toole of ForeclosureRadar to the panel. Bruce discusses with them the business model for Carrington Holdings Company, the REIT format, the creation of new security products, the different sources for properties that can be purchased, note sales, the future of shadow inventory, and more. To find out more, tune in next week for I Survived Real Estate 2012, part 6.
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Friday, November 16, 2012
I Survived Real Estate 2012 Part 4 #304
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 Sara Stephens, Gary Thomas, and E.J. Burke. Bruce discusses with them who owns the appraisal management companies, the term scope crepe and what this meant when Sara testified in front of Congress, the ramifications for someone with an appraisal value lowered, the formula for getting an edge in the appraisal business, the Dodd Frank Act, the types of loans that could be exempt from QRM standards, repurchase issues, debt forgiveness, and more. To find out more, tune in next week for I Survived Real Estate 2012, part 5.
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