Bruce Norris Update.

Bruce Norris, Investor, CA expert, presented to a sell out crowd at the SJREI recently. His predictions for the CA market are that there currently are, and will continue to be, for the next couple of years plenty of opportunities available in CA. Information is power and understanding the fundamentals of the market you want to enter is key, as there are many sub-markets in CA and each are at a different place in the cycle.A good is Stockton which has deteriorated dramatically from the peak in 2005, and is still declining and not a market to enter right now. Take a look at http://www.thenorrisgroup.com/ for additional details and interviews with key players in the real estate market. Bruce recides in Southern CA and bought 12 houses last month last month some of which he will resell and some he will hold for the long-term.

There is so much negative news in the media, but at the SJREI we are optimistic as investors – upbeat and expectant for what 2009 will bring. Bruce shared his thoughts on the CA market, and the discounted real estate that has been appearing in our market place locally providing solid investment opportunities for those who are poised and ready.