With fewer foreclosed homes to buy, investors move to standard sales

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Norris Group in Riverside — which holds regular, sold-out symposiums on real estate investing — begs to differ. The firm’s president, Bruce Norris, recently told a packed room of investors at the DoubleTree hotel in Ontario that home prices had plenty of room to run, and that investing in California real estate was still a good bet. Housing has moved quickly from bottom to boom, but Norris believes prices in California will keep climbing because housing remains affordable to a large percentage of buyers.

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