The Norris Group Real Estate Radio Show and Podcast

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

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

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

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

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

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

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, Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif"; mso-bidi-font-family:"Times New Roman";} 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.  Play Nowhttp://www.thenorrisgroup.com/

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

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

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

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

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

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 Mark Palim and Eric Janszen on where we are in the housing market, interest rates, that positives that got us off the bottom of the market, the driving forces behind the improvement in the market, what new policies could be implemented, the significance of QE3, the importance of housing to an economic recovery, and more.  Bruce also introduced Sara Stephens from the Appraisal Institute, Gary Thomas from the National Association of Realtors, and E.J. Burke from Key Bank Real estate Capital.  Bruce discusses with them the appraisal process and appraisal world, mortgage industry rules, the appraisal management company's design to provide a barrier between the appraiser and the rest of the participants, and more.  To find out more, tune in next week for I Survived Real Estate 2012, part 4. Play Nowhttp://www.thenorrisgroup.com/

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. Sarah Pizzaruso from Make a Wish spoke about five-year old McClain who had his wish granted to play football with a professional team and how this affected so many others, including his family and those at the stadium.  Lainie Strouse from St. Jude's Children's Research Hospital also spoke about the child Braden who they have helped as well as the the many progressions they are making in the medical field and in cancer research.  In the broadcast segment, Bruce Norris discusses the value of real estate properties today compared to early 2000, underwater borrowers, our current interest rates, unsold inventory in California, what is being done to provide relief more quickly, and much more.  He also discusses with Fannie Mae's economic director Mark Palim consumer sentiment towards the market, their expectations on housing prices, increased rents, and if we have passed the bottom of the housing market.  To find out more, tune in next week for I Survived Real Estate 2012, part 3. Play Nowhttp://www.thenorrisgroup.com/

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. Sarah Pizzaruso from Make a Wish spoke about five-year old McClain who had his wish granted to play football with a professional team and how this affected so many others, including his family and those at the stadium.  Lainie Strouse from St. Jude's Children's Research Hospital also spoke about the child Braden who they have helped as well as the the many progressions they are making in the medical field and in cancer research.  Bruce Norris spoke on a recent article he read on the housing forecast and where he stands on it, the Norris Group's business model of turning run-down homes into brand new ones, recent charts showing a progression in delinquencies, the debt we owe today, and much more on this week's real estate radio show and podcast. To find out more, tune in next week for I Survived Real Estate 2012, part 2. Play Nowhttp://www.thenorrisgroup.com/