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.

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I Survived Real Estate 2015 #457

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.

Aaron Norris opened the event by thanking everyone for their sponsorship, some for many years. He then asked everyone to stand who had a relative who was fighting cancer since the event benefited two organizations who help in the fight to cure cancer. Odette Gutierrez with St. Jude Children’s Research Hospital spoke first, sharing about a young man named Jake who had a tumor when he was very young. He was originally given a 30% chance to live, but after being taken to St. Jude, his chance of survival went from 30% to 80%. Over time, he got better and better and has grown so well. He is a 14-year survivor and showed the treatment not only worked, but safe. Kel Linstead from Make-A-Wish spoke next, sharing a video about a young girl named Amina who was granted her wish of having her own cafe. This segment ends with this year's recipient of the Rohny award, Ward Hanigan 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.

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Leslie Appleton-Young of CAR Joins Bruce Norris on the Real Estate Radio Show #456

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 Leslie Appleton-Young. Leslie is the Chief Economist and Vice President for the California Association of Realtors. CAR has 195,000 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 housing markets and brokerage industry trends, member communications, and membership development activities. She is also closely involved with the association’s strategic planning and is well known speaker the in the real estate community. Adding to her fame is her Friday night appearance at I Survived Real Estat. Bruce and Leslie discuss the real estate market in 2008 compared to today, homeownership and household formation specifically in the Bay Area, California's job and income growth, the difficulty for singles to apply for a loan, the net from property sales, the attitude of millennials compared to our parents' generation, 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.

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John Burns of John Burns Real Estate Consulting Joins Bruce Norris on the Real Estate Radio Show #455

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 John Burns. John is the founder of John Burns Real Estate Consulting, which he opened in 2001. John and his team consult with executives all over the country, analyzing and summarizing information they need to make housing industry decisions with more confidence. The company is on retainer with some of the largest companies in the housing and investment industries, producing regular monthly reports on housing market conditions and customizing specific studies to help with strategic and community specific decisions. Bruce and John discuss the increase in urban growth, the possibility of a California building boom the attitude among millennials regarding housing, the decrease in the Hispanic population, the spread between price inventory, 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.

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David Kittle of First American Mortgage Solutions Joins Bruce Norris on the Real Estate Radio Show #454

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 David Kittle. David began his mortgage banking career in 1978 with American Fletcher Mortgage Company. As a top-producing loan officer, he moved to the management side in 1986. He opened his own company, Associates Mortgage Group, in 1994 and sold it in 1996. David is currently senior vice president of Federal Solutions for First American Mortgage Solutions, specializing in risk mitigation and analytics. Based in Santa Ana, California, he manages relationships with HUD, Ginnie Mae, the federal home loan banks, and the GSEs. Bruce and David discuss creating flawless loans, what constitutes a flaw, the book of loans in the last 3 years and its safety, student loans and their effect on home purchases, the mentality of those renting in Texas, new rules going into effect tomorrow, the new predprotect product, 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.

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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.

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Sean O'Toole of PropertyRadar Joins Bruce Norris on the Real Estate Radio Show #452

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, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com.

 Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar. Prior to launching PropertyRadar, Sean successfully purchased and flipped more than 150 residential commercial foreclosures. Leveraging 15 years in the software industry, Sean used technology as a key competitive advantage to build his successful real estate track record. He has been using his skills ever since to really change the accessed information for the trustee sales business and now for everybody involved in any types of property. Bruce and Sean discuss how much the landscape has changed and the access to information, HELOC resetting, Sean's predictions of 2015 and how they have played out, the upward and downward swings in property sales, the search for yield, hedge fund participants, the floating municipal bond at corporate, 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, FIBI Pasadena, and Scott Whaley.

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Christopher Thornberg Joins Bruce Norris on the Real Estate Radio Show #451

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, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com.

Bruce Norris is joined this week by Christopher Thornberg. Dr. Thornberg is the founding partner of Beacon Economics, LLC and widely considered to be one of the nation’s leading economists. An expert in economic forecasting, regional economics, labor markets, economic policy, and industry and real estate analysis, he was one of the earliest and most adamant predictors of the sub-prime mortgage collapse and of the global economic recession that followed. In 2015, Dr. Thornberg was named California State Treasurer John Chiang’s council of economic advisors. He also serves on the advisory boards of Paulson and Company, Inc., one of Wall Street’s leading hedge funds and the Los Angeles area Chamber of Commerce, Southern California’s largest not-for-profit business federation. Recently he was appointed as executive director for the Center of Economic Forecasting and Economic Development at the UC Riverside School of Business Administration. The new center is hosting a major event called the Inland Southern California Economic Forecast Conference on October 1 at the Riverside Convention Center. Here he will be presenting a new forecast for the global and U.S. economy, which will also include a forecast for California and the Inland Regions of Southern California. Bruce and Christopher discuss forecasting and the difficulties facing it today, China's economy and its impact on the U.S., the correlation between China and Japan's economy in the 1980s, wealth discrepancy and minimum wage in the U.S., the growing inequality, education reform, the benefits of having a teacher in the classroom compared to online classes, 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, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, 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, FIBI Pasadena, and Scott Whaley.

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Eileen Reynolds of CBIA Joins Bruce Norris on the Real Estate Radio Show #450

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, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com. 

Bruce Norris is joined this week by Eileen Reynolds. Eileen is the chairperson of the California Builders Industry Association. She has served in a variety of leadership positions at CBIA, including vice-chair in 2014, chair of the government affairs committee in 2013, and a member of the political action committee, executive committee, and board of directors. Reynolds as the land use and environmental lobbyist for the California Association of Realtors in the state capital. Her 19 years at CAR gave her an understanding of trade associations, development policy and politics. These are some of the strengths she brings to her leadership role at CBIA. Bruce and Eileen discuss the building industry, where we are at in regards to units built, societal issues and how new home buyers handle them, the lack of construction jobs, the drought, 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, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, 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, FIBI Pasadena, and Scott Whaley.

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M. Lance Coyle, President of the Appraisal Institute Joins Bruce Norris on the Real Estate Radio Show #449

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, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com.

Bruce Norris is joined this week by M. Lance Coyle. Mr. Coyle is the 2015 president of the Appraisal Institute. He will serve as immediate past president in 2016. He served this year as chair of the organization’s executive committee and chairs its policy setting board of directors. He has been involved in the real estate appraisal industry for 30 years and is a principal of Coyle Realty Advisors, a Dallas based real estate services firm engaged in investment property valuation, analysis research, and an expert in witness testimony and counseling. Bruce and Lance discuss the scope and membership of the Appraisal Institute, everything involved with the appraisal industry, changes in the appraisal process compared to ten years ago, market value, time valuation, de Minimis, collateral underwriting and its effect on the appraisal world, 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, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, 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, FIBI Pasadena, and Scott Whaley.

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Rick Sharga, Vice President of Auction.com Joins Bruce Norris on the Real Estate Radio Show #448

Bruce Norris is joined this week by Rick Sharga, executive vice president for Auction.com. Rick is the one of the country’s most frequently quoted sources on real estate, mortgage, and foreclosure trends. Rick joined Auction.com, the largest online real estate place, in 2013. Rick has appeared on the CBS evening news, NBC Nightly News, CNN, ABC World News, CNBC, Fox, Bloomberg, and NPR. He has briefed federal organizations such as the Federal Reserve and Senate Banking Committee as well as organizations like JPMorgan Chase, Citbank, and Deutsche Bank. Prior to joining Auction.com, Rick was an executive Vice President for Carrington Mortgage Holdings, which owns and operates multiple businesses in the mortgage, real estate, and securities industries. Prior to Carrington, Rick spent 8 years at RealtyTrac, where as senior vice president he was responsible for marketing, business development, and debt operations. Rick is a member of various industry organizations and is on the corporate board of governors of the National Association of Hispanic Real Estate Professionals. He is a member of the Five-Star National Mortgage Servicing Association. He serves on the editorial advisory board for default servicing news and was included in Inman News in the top 100. He was listed as one of the most influential leaders in real estate, both in 2013 and 2014. In his spare time he accomplished receiving a black belt in Tae Kwon Do, and he spends his spare time spending his lifelong quest to find the perfect wine to complement his baby back ribs. Bruce has also gotten into barbecuing and found it very relaxing. Bruce and Rick discuss Auction.com's beginnings, the challenge of having a for-sale property go to auction, commercial and residential markets, the foreign buyer's participation in the commercial market, creative financing, and much, much more on this week's Norris Group real estate radio show and podcast.

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David Greenberger Joins Bruce Norris on the Real Estate Radio Show #447

Bruce Norris is joined again this week by David Greenberger. David has been a real estate attorney for over 25 years helping clients with thousands of transactions to buy, sell, refinance, and manage real estate. He owns an escrow firm and is president of the 1031 Exchange Advantage, Inc., a 1031 exchange accommodator. They facilitate tax-free exchanges under the IRS section 1031 code. He is familiar with many of the management, tax accounting, and transactional issues surrounding residential and investment real estate. Some of his clients include Prudential California, the larger broker in the United States, and Prudential Douglas Element in New York. David’s articles have appeared in the New York Real Estate Journal and Creative Real Estate Magazine. He has appeared on the cable television show Creative Real Estate Roundtable on numerous occasions. Bruce and David discuss 45 and 180 day timeframes to replace your property, the chances of files being audited, the need to express your intention to be an investor, improvement exchanges, reverse exchanges, and much, much more on this week's Norris Group real estate radio show and podcast.

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David Greenberger Joins Bruce Norris on the Real Estate Radio Show #446

Bruce Norris is joined this week by David Greenberger. David has been a real estate attorney for over 25 years helping clients with thousands of transactions to buy, sell, refinance, and manage real estate. He owns an escrow firm and is president of the 1031 Exchange Advantage, Inc., a 1031 exchange accommodator. They facilitate tax-free exchanges under the IRS section 1031 code. He is familiar with many of the management, tax accounting, and transactional issues surrounding residential and investment real estate. Some of his clients include Prudential California, the larger broker in the United States, and Prudential Douglas Element in New York. David’s articles have appeared in the New York Real Estate Journal and Creative Real Estate Magazine. He has appeared on the cable television show Creative Real Estate Roundtable. Bruce and David discuss 1031 exchanges and the exchange law, real and personal property, the job of an accommodator, relinquished property, designation certified exchange specialists, and much, much more on this week's Norris Group real estate radio show and podcast.
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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #445

Bruce Norris is joined again this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates in Ontario. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss the difference between office and industrial space, the use of robotics and automation in industries, employment and the push for higher minimum wages, industrial and commercial real estate, the impact of foreign money, the SBA's relaxed rules, fixed and variable products, and much, much more on this week's Norris Group real estate radio show and podcast.

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Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #444

Bruce Norris is joined this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss how he is the sole contact for the commercial world, the pace of recovery in the commercial real estate world, the biggest fear of resets, things that have become active in the real estate world, and much, much more on this week's Norris Group real estate radio show and podcast.  A full transcription will be coming on Monday.

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