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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.

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NAR To Roll Out Pocket Listing Policy On Track

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Today’s News Synopsis: Several MLS’s adding “coming soon” listings.  Mortgage rates decreased again with 30-year rates now at 3.33% and 15-year rates at 2.82%.  Despite businesses being affected by the pandemic, online notaries are helping complete transactions. In The News: Freddie Mac – “Mortgage Rates Drop Again” (4-2-2020) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary […]

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Rent Is Due, Know What To Do

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Today’s News Synopsis: Inman’s state by state guide on evictions, rents, and foreclosures.  The latest mortgage applications survey from the Mortgage Bankers Association showed a surprising increase in mortgage applications, up 15.3% from last week.  Title companies are getting creative with the way they are holding closings all while maintaining social distancing. In The News:

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The US Department of Homeland Security Issued Guidance To Identify Essential Industries to Critical Infrastructure

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Today’s News Synopsis: Real Estate declared essential business.  What kind of protections are applied to housing under the new stimulus bill?  What can you do if you have no money to pay the rent or mortgage? In The News: Redfin – “What Stay at home and Shelter in Place Orders on Real Estate Services” (3-30-2020) “In

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Covid-19 for Real Esate: Impacts, opportunties, and America with Bruce and Aaron Norris #688

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This week’s radio show and video guests today and for the next few weeks are The Norris Group’s very own Bruce and Aaron Norris.  Some of their VIP subscribers are with them today as they tape the radio show. They will be giving us an update on what is happening in the world with COVID-19

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How to Reach Out To Your Neighbors Who Need It

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Today’s News Synopsis: Coronavirus and Loneliness.  Mortgage rates decreased this week with 30-year rates now at 3.5% and 15-year rates at 2.92%.  The market is being slowed by stay-at-home orders. In The News: Freddie Mac – “Mortgage Rates Drop” (3-26-2020) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year

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Affecting More Than 4 Million Apartment Renters

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Today’s News Synopsis: Freddie Mac announces nationwide Covid-19 relief.  Requests for video home tours increased by 500% in one week.  Both C.A.R and NAR are asking Congress for aid for REALTORS. In The News: Inman – “7 Essential Tips for Communicating With Your Sphere During Crisis” (3-24-2020) “Don’t make the major mistake of not communicating with

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Unlimited Quantities

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Today’s News Synopsis: Fed agrees to buy Treasuries and Agency Mortgages. Including commercial.  The National Association of Realtors announced today what they are doing to aid in the COVID-19 relief.  With the increasing pandemic, it is now required for contracts to contain Coronavirus addendums. In The News: Inman – “Coronavirus Clauses Become Ubiquitous As Pandemic Worsens”

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