The Norris Group Real Estate Radio Show and Podcast

Bruce Norris is joined again this week by Beth Peerce.  Beth is the vice-president of the National Association of Realtors.  She is also the broker/owner of Primetime Properties in Century City, California and has been a broker for over 35 years.  In addition, she has won several awards for being the realtor of the year in California. Bruce and Beth discuss interest rates and how they have changed, the difference between renting and homeownership, loan guarantees, the number of transactions completed in a year, the position of the NAR and its impact on Dodd-Frank, QM and QRMs, the CFPB, and much, much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Beth Peerce. Beth has been a realtor for more than 35 years and is the broker/owner of Primetime Properties in Century City, California. She is currently the vice-president for the National Association of Realtors. She was elected honorary director for life in 2006 and Realtor of the Year for California in 2012. She comes from a background where her family was in real estate as well. Bruce and Beth discuss Prop 13, the real estate business in regards to volume of sales, the affordability index, factors standing in the way of a true recovery, new home construction, Dodd-Frank, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

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. Play Now http://www.thenorrisgroup.com/

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, the lending requirements that went into effect in January, the hedge funds in 2012 and 2013, the percentage of the market going to foreign investors, legislation passed in 2013 that could pose concerns, debt forgiveness, and much more on this week's real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined again this week by Matt MacFarland and Amanda Han. They are owners of Keystone CPA in Orange County, voted one of the top 100 CPA firms. Bruce has had the privilege of speaking with them in front of at least 4 or 5 audiences. Bruce has always learned something from them since they have an expertise in real estate and in their own business now for seven years. Bruce was pleased to speak with them since they saved him money and he has learned something from them every time he has heard them. Bruce, Amanda, and Matt discuss contributions to retirement accounts, ROTH and SEP IRAs, reducing taxable income, recapturing, flipping properties and how this saves money, fixable income as active income, short sales, and much, much more on this week's real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined this week by Matt MacFarland and Amanda Han.  They are owners of Keystone CPA in Orange County, voted one of the top 100 CPA firms.  Bruce has had the privilege of speaking with them in front of at least 4 or 5 audiences.  Bruce has always learned something from them since they have an expertise in real estate.  They have been in their own business now for seven years.  Bruce was pleased to speak with them since they saved him money and he has learned something every time he has heard them. Bruce, Amanda, and Matt discuss tax strategies, retirement accounts set up before the end of the year, 401ks and other benefit plans, IRS audits and the increase in audits, the open period between your return and audit, penalties for federal and California filings, changes to tax laws in 2013, the statutory rate in California, and much, much more on this week's real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris welcomes back Rick Sharga.  Rick is Executive Vice President for Auction.com.  He is their chief spokesman on topics related to the U.S housing market, mortgage market, commercial real estate, and international real estate. Bruce and Rick discuss where we are in the real estate market, investors being the main driver for changes in the housing market, the potential tightening of credit in the future, the first-time homebuyer segment, the B2R program, unemployment numbers being a mirage, immigration, the safest loans being created by the GSEs, and much, much more on this week's real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined this week by Rick Sharga. Rick is Executive Vice President for Auction.com. He is their chief spokesman on topics related to the U.S housing market, mortgage market, commercial real estate, and international real estate. Bruce and Rick discuss his new company Auction.com, trustee sales and auctions, the percentage of the residential real estate market that has been for sale by owner, seller bids, foreclosure levels and the number of people still in default, due diligence with commercial properties, the preferred agent network on Auction.com, the buyer premium on the final bid, and much more on this week's real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined this week by John Mauldin. John is one of Bruce’s favorite authors and the chairman of Mauldin Economics, an economic and investment strategy research firm. He is also the president of Millennium Wave Investments. John is a renowned financial expert and New York Times best-selling author. He is a pioneering online commentator and publisher of “Thoughts from the Frontline.” This was one of the first publications to provide investors with free unbiased information and guidance as well as one of the most widely-read investor newsletters in the world. Each week 1 million readers turn to John Mauldin to gain a better understanding of Wall Street, global markets, and the drivers of the world economy. Bruce and John discuss the policies that were in place during the financial crisis, future consumption and borrowing, U.S. debt, LIBOR, quantitative easing, unintended consequences of the two-edged sword of low interest rates and low financing, high-yield bonds, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

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 http://www.thenorrisgroup.com/

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 http://www.thenorrisgroup.com/

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. Play Now http://www.thenorrisgroup.com/

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. Play Now http://www.thenorrisgroup.com/

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. Play Now http://www.thenorrisgroup.com/

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. Play Nowhttp://www.thenorrisgroup.com/