The Norris Group Real Estate Radio Show and Podcast

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of Property Radar, and he was the founder of Foreclosure Radar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss how he got started in the foreclosure business, his new website in depth, short sales, the number of homeowners still underwater and emerging out from it, inventory levels, the predominance of refis in the lender business, the current CAP rate, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Gary Thomas. Gary is the National Association of Realtors 2013 president. Gary has been in the business for over 35 years and has been the owner of Evergreen Realty in California. Bruce and Gary discuss his role as the president elect, the FHA and GSE reform he has spoken on in front of Congress, the FHA from 2005-2007 compared 2008-2010, the problem of overlays in our industry, access to capital being the biggest unknown for the industry, qualified residential mortgages, what determines the quality of loans, short sale debt forgiveness, immigration reform, and much more on this weeks real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Ken Wilson. Ken is the 213 president-elect of the Appraisal Institute. He was the organization’s vice president in 2012, which means he will serve as president in 2014 and as immediate past president in 2015. He also serves on the organization’s executive committee and on its policy-making board of directors. Ken has been involved in the appraisal industry for more than thirty years. He owns his own business in Dallas, and he has so many roles in the Appraisal Institute and similar organizations. Bruce and Ken discuss the Great Recession, the MAI and SRA designations, challenges are the appraiser looks at, legal and illegal additions added to properties and why it is important to have a professional inspect it, review appraisals, the start of appraisal management companies, how the quality of an appraisal is impacted, the concept of substitution, green improvements in the building industry, and much more on this weeks real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined once again this week by Harry Dent. Harry is a New York Times best-selling author known for his ability to look at past cycles and demographics, to reject what is next for the economy, and where to most wisely invest. One of his most famous calls was writing a book back in 1992 entitled The Great Boom Ahead. When most of the authors were writing about a repeat of a Great Depression, in 2008 Harry also wrote a book projecting a Great Depression. His most recent work is The Great Crash Ahead, subtitled “For a World Turned Upside Down." Bruce and Harry discuss inflation and deflation, the target of the subtitle “For a World Turned Upside Down," the Great Depression of the 1930s and whether we will see another, historical debt bubbles, our long-term demographic downturn, the demographics of real estate, the baby boomer generation, and much more on this weeks real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Harry Dent. Harry is a New York Times best-selling author known for his ability to look at past cycles and demographics, to reject what is next for the economy, and where to most wisely invest. One of his most famous calls was writing a book back in 1992 entitled The Great Boom Ahead. When most of the authors were writing about a repeat of a Great Depression, in 2008 Harry also wrote a book projecting a Great Depression. Bruce and Harry discuss how he is one of the few economists not afraid to share his opinions or be wrong, economic cycles, demographics, the down jones average, the second great depression and bubbles that were predicted, Japan's struggling market, Harry's criticism of what the government is currently doing, and much more on this weeks real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined again this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan programs. He has been with the Norris Group since they opened, and he has been in the hard money loan business for over twenty years. Bruce and Craig discuss the hard money points and fees and the changes made to the programs, loan-to-value, buy and sell, entities in which investors buy properties, credit worthiness, borrower protection, short sales and REOs, the new potential construction lending program for the Norris Group, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan business. He has been in the hard money loan business for over twenty years.Bruce himself has been a customer of his since 1993. Bruce and Craig discuss trust deed investing and their hard money loan program, owner-occupants, the Norris Group's borrower track record, costs involved with the lenders and borrowers, properties they loan on and their condition range, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined once again 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. Bruce and Doug discuss shadow inventory, the delinquency level, the year-over-year price program, the Fed's monetary policy, the psychology of the market, the amount of mortgage-backed securities owned by the Fed, Fannie Mae's current policies, the general consensus for owning a home, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

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

Bruce Norris is joined again this week by Peter Fortunato. Peter has been an investor for a very long time since 1965 and loves the business. He is a libertarian, a capitalist, and he believes that transactions result from carefully conceived goals and plans followed by purposeful action and scrupulous documentation. Bruce and Peter discuss repeat business when dealing with private parties, his situation with a property he tried to acquire and the nine heirs involved, Peter's mentors and the people he learned from, his start at the age of 18, his seminar "Peter Fortunato and Jay Turner Present Profits and Mortgages," and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

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In a reversal this week, Bruce Norris is the special guest again this week. He is interviewed by Aaron Norris, his son and Vice President of the Norris Group. Bruce is the president and founder of the Norris Group and has been a real estate investor since 1980. During this time he has been involved in over 2,000 transactions. As an investor, builder, and/or hard money partner he is best known for his long-term market timing reports including The California Comeback 1997, The California Crash 2006, and he is the moderator for I Survived Real Estate. This is their award-winning show that has produced almost $350,000 since its inception in 2008. Bruce and Aaron discuss California Comeback 2, doubling of prices, the handling of homes now compared to the boom, the decrease in labor and construction, migration, the Norris Group hard money loan program, the upcoming even I Survived Real Estate 2013, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

In a reversal this week, Bruce Norris is the special guest this week. He is interviewed by Aaron Norris, his son and Vice President of the Norris Group. Bruce is the president and founder of the Norris Group and has been a real estate investor since 1980. During this time he has been involved in over 2,000 transactions. As an investor, builder, and/or hard money partner he is best known for his long-term market timing reports including The California Comeback 1997, The California Crash 2006, and he is the moderator for I Survived Real Estate. This is their award-winning show that has produced almost $350,000 since its inception in 2008. Bruce and Aaron discuss the current market, Bruce's reports and his upcoming California Comeback 2, the charts and how they reflect the market, hedge funds, equity sellers, interest rates, the Fed's involvement in the market from 1970 to the present, 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 Mike Novak-Smith. Mike is with REMAX Results and is in the top 1% of agents nationwide. He is an expert in the disposition of REO, short sales, bankruptcies, asset management, and negotiation. Bruce and Mike discuss short sales, REOs, the attitude of homeowners and buyers now compared to the 90s, the percentage of people current on their mortgages, prices and hedge funds, the new home construction business, the trend today for getting people approved for loans, portfolio loans, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Mike Novak-Smith.Mike is with REMAX Results and is in the top 1% of agents nationwide.He is an expert in the disposition of REO, short sales, bankruptcies, asset management, and negotiation.. Bruce and Mike discuss REOs, hedge funds, shadow inventory, inventory, properties for sale, FHA deals, and much more on this week's real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/