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.

Would You Refinance Your Mortgages At 2% Interest? #492

 Real Estate News Recap: Home Price Growth Hits Eight Consecutive Years in January Mortgage Applications Increase in Latest MBA Weekly Survey U.S. Home Flipping Increases to Eight-Year High in 2019 While Returns Drop to Eight-Year Low Mortgage Rates Hit All-time Low Like a college dorm for adults, co-living is the next big thing Coronavirus

Would You Refinance Your Mortgages At 2% Interest? #492 Read More »

Real Estate Today FlippedHouse

House Flipping Profits, Though, Not So Much. 8-Year Low

Today’s News Synopsis: House flipping hits an 8 year high.  Mortgage rates are at a record low with 30-year rates now at 3.29% and 15-year rates at 2.79%.  The desire for millennials to buy a home is similar to that of the silent generation. In The News: Freddie Mac – “Mortgage Rates Hit All-Time Low” (3-5-2020) “Freddie

House Flipping Profits, Though, Not So Much. 8-Year Low Read More »

Real Estate Today Treasury

The 10 Year Treasury Yield Fell To Record Low This Week

Today’s News Synopsis: Can you profit from a record low 10-Year Treasury Note?  The Mortgage Bankers Association reported mortgage applications increased 15.1% from last week.  How can you have a good credit score to buy a home? In The News: CoreLogic – “Is the Yield Curve Slope a Leading Indicator of the Housing Market” (3-4-2020) “For

The 10 Year Treasury Yield Fell To Record Low This Week Read More »

Real Estate Today RedBlue

Home Construction Divided By Political Parties

Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win.  Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year.  Home prices increased 4% year-over-year according to CoreLogic.

Home Construction Divided By Political Parties Read More »

Real Estate Today SleepingPod

How Much Would You Pay For Your Very Own Sleeping Pod?

Today’s News Synopsis: Co-living, college dorm life for adults.  How are mortgage rates connected to the coronavirus?  Confidence in the multifamily builder and development sector remained the same. In The News: Realtor Magazine – “Credit Scores Nationally Surge to Record High” (3-2-2020) “Americans’ credit scores are improving, particularly among millennials. The average FICO score in the

How Much Would You Pay For Your Very Own Sleeping Pod? Read More »

Did You Know Sacramento Can Fine You For Every Weed Plant You Have #491

 Real Estate News Recap: Pending Home Sales Ascend 5.2% in January New home sales soar to highest level since 2007 Mortgage Rates Fall Back Tax Deductions for Homeowners Nearly 75% of People Worry About Climate Change When Buying or Selling a Home Debt among oldest Americans skyrockets 543% in two decades Humor in Real

Did You Know Sacramento Can Fine You For Every Weed Plant You Have #491 Read More »

Scroll to Top