“The defaults turning into trustee sales means the banks will have an enormous pile coming at end of year,\” said Bruce Norris, president of the Norris Group investment firm in Riverside, California, that buys bank-owned homes in Southern California. \”It will be much worse in the second half.”
D.R. Horton Reports Net Loss as Housing Woes Deepen
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.
- The Norris Group
- Phone: (951) 780-5856
- Fax: (951) 780-9827
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1845 Chicago Avenue, Ste C,
Riverside, CA 92507