OUR NEWS

Dec 23, 2012

Our Auctions Rely on Serious Buyers with Money to Determine the Price…not the seller or the appraiser by Randy Grigg, Elite Auctions

If you’re a control freak, it can be difficult to let the free market make the decision on what your “magnificent” rehab is really worth in a five-minute period of time. As a control freak myself, it took several auctions using our own inventory to realize sometimes the market said

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Jan 06, 2012

What is Hard Money Lending with The Norris Group #259

The Norris Group Real Estate Radio Show and Podcast welcomes Craig Hill as he and Bruce discuss What is a hard money loan? and what it means for real estate investors doing lfips, rentals and new construction deals in California and Florida

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May 19, 2011

Understand hard money money lending for real estate investors with Craig Hill #226

The Norris Group Real Estate Radio Show and Podcast welcomes Craig Hill as they discuss misconceptions about hard money lending for real estate investors.

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Apr 05, 2011

The Norris Group Real Estate News Roundup 4/5/11

Two Wall Street firms claim housing prices will continue to fall through the present quarter. REIS reports the national office vacancy rate fell to 17.5% in the first quarter. A Harris Poll shows 22% of U.S. homeowners are having difficulty making their mortgage payments. A new RealtyTrac feature allows users checking home listings to see how much equity each property has.

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Mar 04, 2011

Sean O’Toole with PropertyRadar #215

This week Bruce is joined by Sean O’Toole. Sean is president and founder of ForeclosureRadar. He has successfully purchased and flipped over 150 commercial and residential properties in foreclosure. He has leveraged the software industry for 15 years to make a trustee sale business. The Mission of ForeclosureRadar is “to

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Feb 24, 2011

The Norris Group Real Estate News Roundup 2/24/11

The FHFA claims 30-year interest rates averaged 4.85% in January, and home prices fell 4% year over year. House Republicans intend to end anti-foreclosure programs put in place by President Obama. The Commerce Department said new home sales decreased 13 percent in Janurary.

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Feb 23, 2011

The Norris Group Real Estate News Roundup 2/23/11

The NAR said existing home sales rose 2.7% in January. The FHA’s REO inventory has increased 47% year over year. A California judge upheld the rights of the Mortgage Electronic Registration Systems to the trust deed, granting MERS the right to foreclose. A Federal Reserve economist predicts the government will soon provide an alternative to the national homebuyer tax credit

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Feb 07, 2011

The Norris Group Real Estate News Roundup 2/7/11

The MBA reports $110 billion in commercial and multifamily mortgages were originated in 2010. 36,500 mortgages were modified through government and proprietary programs in December, according to Fitch Ratings. Altos Research announced plans to release a new, forward valuation model for real estate. S&P claims 80% of the loan modifications that took place over the last 3 years defaulted again within 2 years.

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Jan 24, 2011

The Norris Group Real Estate News Roundup 1/24/11

The CBIA reports total building permits issued during 2010 increased 23% from 2009. Statistics from Trulia show that owning a home is cheaper than renting one in 72% of the largest cities in the United States. Commercial property values rose 0.6% in November, according to Moody’s.

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Jan 19, 2011

The Norris Group Real Estate News Roundup 1/19/11

The Commerce Department reports housing starts decreased in December. However, Fannie Mae expects housing starts to triple by 2013, and the nation’s largest home builders announced plans to increase activity by 10%. RealtyTrac claims foreclosure starts in California decreased 33% in 2010.

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