California

AOA Million Dollar Trade Show 2018

AOA Million Dollar Trade Show and Landlording Conference 2018

Bruce Norris joins numerous speakers at this real estate expo put on by the Apartment Owners Association. Join thousands of other commercial real estate property managers at this expo in Los Angeles. Bruce’s specific topic will cover, “Should You Cash Out or Stay Put.”  He will be speaking right at 9 am in Area B.

California Home Sales Decrease 4% Despite Overall Existing Sales Increasing

  Today’s News Synopsis:   Freddie Mac reported mortgage rates have barely changed and continue to stay below 4%.  30-year rates now stand at 3.93% and 15-year rates at 3.15%.  The National Association of Realtors reported existing home sales increased last month by 2% to 5.59 million.  Despite this, home sales in California actually decreased …

California Home Sales Decrease 4% Despite Overall Existing Sales Increasing Read More »

California Commercial Real Estate Trends with Erik Hernandez #444

Bruce Norris is joined this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team …

California Commercial Real Estate Trends with Erik Hernandez #444 Read More »

Regulator Test Failed by Several Big Banks

  Today’s News Synopsis:   According to Fannie Mae’s latest Housing Insight Report, the homes more millennials prefer are single-family.  Spending on construction increased 0.8% in May, although spending on residential properties was below expectations.  Several big banks, including Wells Fargo, JPMorgan Chase U.S. Bancorp, failed on their regulator satisfactory tests.   In The News: …

Regulator Test Failed by Several Big Banks Read More »

New 3% Mortgage Program by Freddie Mac Set to Begin Operation Monday

          Sources: Builder Confidence Drops Two Points in March Commercial/Multifamily Mortgage Debt Outstanding Grew at the Fastest Pace Since 2007 Southern California home prices rise, sales fall in February Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says CoreLogic: More than 1 …

New 3% Mortgage Program by Freddie Mac Set to Begin Operation Monday Read More »

2015: Proceed With Caution! by Bruce Norris

Bruce Norris Shares Latest California Real Estate Trends and Predictions: Is It Time to Exit California Real Estate?

Despite record low interest rates, historically low inventory levels, and high affordability, the California real estate market in 2014 was just, meh. On January 31 at the all-day event, “2015: Proceed With Caution!,” Bruce Norris will share with real estate professionals his predictions, research, and his blockbuster decision: Does he plan to move some of his real estate “chips” outside of California in 2015.

Homes Most Overvalued in Texas and California

          Sources: Builder Confidence Drops One Point in December Housing Production Falls 1.6 Percent in November November home sales and price report Southern California housing market treads water in November Commercial/Multifamily Mortgage Debt Rises to Record High Congress delays HUD program Julian Castro Statement On HUD FY2015 Budget Foreclosure Protection Bill …

Homes Most Overvalued in Texas and California Read More »

Scroll to Top