I Survived Real Estate 2009- The Norris Group

I Survived Real Estate 2009- The Norris Group

Radio Part 1, Part 2

Bruce Norris Visiting SJREI

I am very interested in hearing what Bruce Norris will share regarding the current status of the California market , and what the next 2 years will be like for investors. For the investor who has been looking and waiting to buy here locally, his Saturday, October 3rd workshop should be considered a must attend event. Bruce will be presenting this timely and an incredibly useful day seminar to our members and local investors. Bruce will share the exact blueprint that The Norris Group is using to make money in TODAY'S California market. For those who are not familiar with him, Bruce Norris is a real estate investor who has been operating at a very high level, buying and selling over a thousand properties in his 30 year career. He has been involved in, and understands well, nearly every area of the financially or physically distressed single family home market - either for buying to hold or to flip.

As a precursor to Saturday, Bruce will be providing to the SJREI his annual Northern California Market Update, this year at two locations. We already have 175 people signed up to attend the evening meetings so sign up early to secure your seat. This event will sell out. On Wednesday, September 30th at our debut East Bay meeting at the Four Points by Sheraton in Pleasanton, and on Thursday, October 1st at our San Jose meeting at the Biltmore. His market timing forecasts have been very accurate in the past. As serious investors, we owe it to ourselves not only to know where our local real estate market stands now and where it is heading, but most importantly, we need to know when and how to take action!

Bruce Norris at the SJREI & More

I have included a very interesting article below in the Real Estate in the News section, click on the link below for details specifically the article entitled "30 billion home loan time bomb set for 2010". This article does a great job explaining the status of the approaching potential wave of mortgage defaults, and the likelihood of a second round of foreclosures that may occur in around the Bay Area. I believe that we may begin to see yet another sea-of-change in our local housing market - one that investors should be prepared for and ultimately to be ready to take advantage of.

Real Estate in the News: $30 billion home loan time bomb set for 2010, sfgate.com Homeowners who 'strategically default' on loans a growing problem, latimes.com California Joblessness Reaches 70-Year High, nytimes.com California home sales fall 12 percent in August, sfgate.com