In the Press

Below are a few links to the most recent press on Bruce Norris, Aaron Norris, and the Norris Group. Registration may be required depending on the news site. Press Kit can be downloaded HERE. For media inquiries and briefing please email Aaron Norris or call 951-780-5856.

The Norris Group In The Press

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Inland cities scramble to be ready when HUD announces housing funds allocations and guidelines
Mar 31, 2017

\”Buying a fixer-upper doesn\’t establish market value,\” he said. \”When you fix a house up and sell it at full price, that establishes value, and it will be a lot higher. … I don\’t see any downside at all.\”

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U.S. Foreclosures Top Quarter-Million for 10th Straight Month
Mar 31, 2017

“This is tough to fix, because so many people are underwater,” Bruce Norris, president of the Norris Group, a Riverside, California-based investment firm specializing in foreclosed properties, said in an interview. “Until debt goes down or prices go up, this is going to be a mess.”

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Investors beware
Mar 31, 2017

The current shortage of foreclosed properties for sale that is pushing up prices is an artificial phenomenon, said Bruce Norris, principal of the Riverside-based Norris Group, which provides loans and advice to real estate investors. Don\’t buy homes on the assumption that prices will continue to rise and you can

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Loan losses from home foreclosures could more than double
Mar 31, 2017

Norris sald lenders and the federal government have been slowing the foreclosure process to prevent a further deterioration of housing prices. As a result, he noted, delinquent borrowers are being allowed to stay in their homes for months, sometimes years, longer than normal without making mortgage payments. \”People are being

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An Interview with Bruce Norris, CEO of The Norris Group: Hard Choices About Hard Money Loans
Mar 31, 2017

“We tell people to get out of deals every month,” says Bruce Norris, CEO of the California-based Norris Group, which brokers hard-money investment loans as well as valuable information to investors.

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An Alternative to Leaving a Foreclosed Home
Mar 31, 2017

\”When you have a foreclosure record, your credit starts improving the next day,\” Norris said. And Norris said that\’s the key to recovery. In two years, people with foreclosures can become buyers again.

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Can beleaguered California make a comeback?
Mar 31, 2017

“Now, mortgage payments are cheaper than rent. It speaks to the fear of owning real estate and the difficulty of qualifying for finance,” Norris adds. “Without the participation of the first-time homebuyer, it’s hard to have the volume necessary to create any type of price support.”

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FHFA steering toward REO bulk sales
Mar 30, 2017

AUGUST 22ND 2012 “It’s not necessary,’’ he said, particularly because consumers are already being squeezed out of the market by all-cash buyers and hedge fund investment in the Inland Empire. “We need more inventory, not less.” It is having an impact on local business — appraisers, insurance agents, title companies,

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