Apr 20, 2012

James Spiotto Joins Bruce Norris on the Real Estate Radio Show #274

This week Bruce Norris is joined by James Spiotto. James is a partner with Chapman & Cutler Law Firm in Chicago. He is an expert on the municipal bankruptcies, and he produced a document called A Primer on Municipal Debt Adjustments that Bruce recently read. Mr. Spioto is head of

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Mar 09, 2012

Show 268

In 2003 and 2006-07, there was a lot of interest because there was nothing you could do that would mess up. You had to be quick with any real estate you could touch. You did not have to be too smart; get in, get out, hope that it fell out

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Mar 02, 2012

Show 267

This week Bruce Norris is joined once again by Shawn and Angel.   What is interesting is when you look at the debt levels in certain cities, you can see this being replicated in the future. Orange County seems to have survived a bankruptcy fairly well as this was not 40

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Dec 16, 2011

Carolina Reid with Center for Responsible Lending #256

This week Bruce is joined once again by Carolina Reid. Carolina joined the Center for Responsible Lending in August 2011 as a senior researcher working out of the Center’s California office. Before coming to CRL, Carolina served as the research manager for the Community Development Department for the Federal Reserve

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Sep 06, 2011

The Norris Group Real Estate News Roundup 9/6/11

Today’s News Synopsis: The Federal Housing Finance Agency, who acts as regulator for Fannie Mae and Freddie Mac, is suing 17 banks in an attempt to recover billions of dollars worth of money lost due to mismanagement of the money by the bank.  However, in another story, FBR Capital Markets

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Sep 02, 2011

The Norris Group Real Estate News Roundup 9/2/11

Sources: Foreclosures Now Take 20 months Mortgage rates hover around all-time lows Home prices decline in 40 states Employment Situation Summary Working Together for Strong Communities New GSE appraisal database to tighten scrutiny on mortgage lenders Today’s News Synopsis: In this week’s video, Aaron Norris gives the news of the

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Aug 22, 2011

The Norris Group Real Estate News Roundup 8/22/11

Today’s News Synopsis: The mortgage Bankers Association reported an increase in delinquency rates for 1-4 unit homes, and also an decrease in foreclosures.  According to the latest Moody’s survey, the prices for commerical real estate properties rose .9% last June.  Also, Fannie Mae warned of another potential double-dip recession, according

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Aug 19, 2011

The Norris Group Real Estate News Roundup 8/19/11

Sources: July sales and price report Mortgage Rates in U.S. Tumble to Lowest in More than 50 Years Jobless claims up to 408,000 last week Realtor.com, Yahoo Real Estate trading places in Web rankings Mortgage servicers bypass foreclosure delays with more short sales Case against MERS reaches Supreme Court Fed to Keep Interest Rates

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Aug 19, 2011

Rick Solis and Andrea Esplin Join Bruce Norris on the Real Estate Radio Show #239

This week Bruce is joined once again by Rick Solis and Andrea Esplin, both investors in Southern California. Rick first noticed when things went from an up market to a flat market to a free dive in the summer of 2006. It was getting harder sell, there were less offers,

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Jul 19, 2011

The Norris Group Real Estate News Roundup 7/19/11

Today’s News Synopsis: In a big storym, the construction of new homes increased 14.6% in the month of June.  Unfortunately, mortgages are down to a new low in four years with a 19% decrease in the second quarter.  A new law, SB 458, was signed into law on Friday and

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