Norris Bruce

Bruce Norris is an active investor, hard money lender, and real estate educator with over 30 years experience. Bruce has been involved in over 2,000 real estate transactions as a buyer, seller, builder and money partner.

Erik Hernandez Blog

Robots and Automation with Erik Hernandez #700

Bruce Norris is joined this week by Erik Hernandez.  Erik is a commercial real estate agent and a senior vice president and principal with Lee and Associates in Ontario specializing in industrial real estate. Erik’s specialties include active tenant-buyer representation, landlord representation, land sales and development, build-to-suit assignments, and investment sales and analysis. Erik’s real

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Erik Hernandez Blog

COVID 19: Prop 13 and It’s Impact on Tenants With Erik Hernandez #699

Bruce Norris is joined this week by Erik Hernandez.  Erik is a commercial real estate agent and a senior vice president and principal with Lee and Associates in Ontario specializing in industrial real estate. Erik’s specialties include active tenant-buyer representation, landlord representation, land sales and development, build-to-suit assignments, and investment sales and analysis. Erik’s real

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Real Estate Today MissingHome

Experts Say Don’t Worry. They Will Make It Out There In The Coming Years

Today’s News Synopsis: Where’s all the missing homes for sale?  Mortgage rates increased slightly with 30-year rates now at 3.18% and 15-year rates at 2.62%.  In some good news, jobless claims fell to their lowest since March to 1.9 million. In The News:   Freddie Mac – “Mortgage Rates Tick Up Slightly” (6-4-2020) “Freddie Mac (OTCQB:

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Real Estate Today MortgageRate

Try These To Get You One Under 3%

Today’s News Synopsis: How to get the best mortgage rates.  Due to the record number of borrowers in forbearance, what would happen when this ends?  The Mortgage Bankers Association reported mortgage applications decreased 3.9% from last week. In The News:   Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly Survey” (6-3-2020) “Mortgage

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Real Estate Today Change

Industry Looks To Address Long-Term Problems

Today’s News Synopsis: Real estate promises change.  According to CoreLogic, home prices increased 5.4% year-over-year in April, but they are expected to increase again next year.  The share of mortgage loans in forbearance increased to 8.46%. In The News:   CoreLogic – “Home Prices Predicted to Decrease in the Next Year” (6-2-2020) “National home prices

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Real Estate Today NoRacism

How Industry CEO’s Say They Will Address Racism In Real Estate And In Their Offices

Today’s News Synopsis: Real estate leaders speak out against racism.  Working from home could actually help start a housing boom in the suburbs and smaller cities.  Buyers and sellers are returning to the market according to a recent Zillow Weekly Market Report. In The News:   MarketWatch – “Is this a good time to buy

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Has The Pandemic Shifted The Home-Buying Season From Spring To Summer? #499

 Real Estate News Recap: Mortgage Applications Increase in Latest MBA Weekly Survey Pending Home Sales Slump 21.8% in April Mortgage Rates Hit Another All-Time Low Summer is the new home-buying season Newly Built Homes Make Up Largest Share of Market Since at Least 2012 Fannie, Freddie Launch Resources on COVID-19 Relief Options How the

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