Was Your Town Picked For Amazon’s New Headquarters? #387

Real Estate News Recap:

 

Hard Money Loan Closed

Los Angeles, California hard money loan closed. Real estate investor received loan for $370,000 on this single family property appraised for $542,000.

Los Angeles Hard Money Loan

 

Bruce Norris will be presenting Stay Put or Cash Out with OC FIBI on Tuesday, February 6.

Bruce Norris will be presenting Stay Put or Cash Out with the Arcadia Association of Realtors on Wednesday, February 7.

Bruce Norris will be presenting Stay Put or Cash Out with TIGAR on Thursday, February 15.

 

Looking Back:

Production on multifamily houses across the nation increased 11.3% in December to 1.23 million.  Optimism for home remodeling continued to remain strong in the fourth quarter, coming in at 53.  Freddie Mac reported mortgage rates dropped again for the third week in a row with 30-year rates at 4.09% and 15-year rates at 3.34%.

 

For more information about The Norris Group’s California hard money loans or our California Trust Deed investments, visit the website or call our office at 951-780-5856 for more information. For upcoming California real estate investor training and events, visit The Norris Group website and our California investor calendar. You’ll also find our award-winning real estate radio show on KTIE 590am at 6 pm on Saturdays or you can listen to over 170 podcasts in our free investor radio archive.

 

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