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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.

Real Estate Today Debt

Americans Over 70 Have Seen An Increase of 543% in the Last 20 Years

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Today’s News Synopsis: Debt among oldest Americans skyrockets.  The Mortgage Bankers Association reported mortgage application increased 1.5% from last week.  New home sales increased by 7.9% to their highest level in January, putting them now at 764,000. In The News: Realtor.com – “7 Architectural Elements You Should Never Touch During a Renovation” (2-26-2020) “Older homes have plenty […]

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Yes, There’s Real Estate For Cats #490

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 Real Estate News Recap: Builder Confidence Remains Solid in February Mortgage Applications Decrease in Latest MBA Weekly Survey U.S. Foreclosure Activity Up 13 Percent in January 2020, 2nd Consecutive Month-Over-Month Increase Little Change in Mortgage Rates Cat owners everywhere are building backyard ‘catios.’  This craze is real Hoping to Buy a Home in 2020? 

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Rose Quint blog

CES and Home Preferences With Rose Quint #683

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Aaron Norris is joined this week by Rose Quint. She is the Assistant Vice President for Survey Research with the National Association of Home Builders. She holds a B.S. in Economics and International Business from Old Dominion University as well as a Master’s degree in Economics from Virginia Polytechnic Institute and State University. Her responsibilities

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Real Estate Today CoBuy

Co-Buy or No Buy

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Today’s News Synopsis: How are millennials affording homes without their parents’ help?  Mortgage rates changed very little with 30-year rates now at 3.49% and 15-year rates at 2.99%.  Foreclosure activity increased 13% last month, marking the second month in a row to see an increase in foreclosures. In The News: Freddie Mac – “Little Change in

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Real Estate Today DreamHouse

You Can Totally Forget

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Today’s News Synopsis: 6 Dream Home hopes that….The Mortgage Bankers Association reported a 6.4% decrease in mortgage applications from last week.  What do real estate and medicine have to do with each other? In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly Survey” (2-19-2020) “Mortgage applications decreased 6.4 percent from one

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Real Estate Today Cats

It’s Not Just The Crazy Cat Ladies Anymore

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Today’s News Synopsis: How far would you go for your pet?  Rent appreciation increased at its fastest rate in three years in 2019.  Builder confidence was strong this month, coming in at 74. In The News: Pawpulous – “Cat owners everywhere are building backyard ‘catios.’  This craze is real” (2-18-2020) “It’s no secret that pet owners

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Eminent Domain In The Name Of Affordable Housing? #489

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 Real Estate News Recap: New-Home Sales Surge in the Fourth Quarter as Inventory Tumbles, Prices Flatten Home Prices Rose 7% in January, Housing Supply Fell 11% Mortgage Rates Tick Up Slightly Why The Most Favorable Markets for Tech Expansion Aren’t Where You Might Think 10 Things from Your Grandparents’ Kitchen That Are Actually Cool

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Real Estate Today NoBenefits

Refi’s Boom But Home Buyers Don’t Reap The Same Benefits

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Today’s News Synopsis: Low mortgage rates won’t help home buyers much.  Home prices increased 7% last month as housing supply decreased by 7%.  Mortgage rates increased slightly with 30-year rates now at 3.47% and 15-year rates at 2.97%   In The News: Freddie Mac – “Mortgage Rates Tick Up Slightly” (2-13-2020) “Freddie Mac (OTCQB: FMCC) today released

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