Bruce Norris, a Riverside real estate investor and consultant, predicted that the already high volume of lender-owned homes \”will explode in the next 18 months\” as another wave of adjustable mortgages resets to higher interest rates. \”The mood toward real estate will get very ugly,\” prompting potential buyers to continue renting, Norris said.
Inland home prices drop fastest in region
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