I Survived 2014
Real Estate Experts to Discuss Consumer Credit
Concerns, Builder Confidence and the Market Recovery
at Charity Event Organized by The Norris Group.
T
Renowned investor and real
estate educator Bruce Norris
op officials from the
National Association
of Realtors, Beacon
Economics, Proper-
tyRadar, California Builders
Industry Association, Fan-
nie Mae, and the Mortgage
Bankers Association join real
estate analyst Bruce Norris on
Oct. 24th at the Nixon Presi-
dential Library for The Norris
Group’s 7th annual
“I Survived Real Estate”
charity gala.
Housing starts have unexpectedly
dropped, some real estate mar-
kets are experiencing slight price
declines, the mortgage market has
come to a screeching halt compared
to 2013, and the real estate industry
remains on pins and needles as win-
ter approaches. Are we experiencing
the start of the Great Recession II
or will 2015 live up to analysts’
expectation?
“California relies heavily on a
strong real estate sector. As REOs
and short sales decline, we’ve seen
our investor network focus on new
construction and standard seller
sales but it’s been a slow start,” Nor-
ris said, adding, “There’s room for
more price increases in California
but consumer financing will be key
in the year ahead.”
Norris has assembled a panel of
real estate experts to address the cur-
rent state of real estate and its impli-
cations for consumers and real estate
professionals during his 7th annual
“I Survived Real Estate” charity
gala, which is scheduled from 4 to
Realty411Guide.com
10:30 p.m. Friday, Oct. 24, at the Nixon
Presidential Library in Yorba Linda.
Other topics of discussion will include
the latest statistics on home prices, default
rates, builder sentiment, consumer owner-
ship trends and the outlook for access to
financing for consumers and investors. “If
the federal government is going to reduce
the footprint of Fannie Mae and Freddie,”
Norris asked, “will the private market be
its replacement? How will this be done
and at what price?”
Expert panelists scheduled for this
year’s “I Survived Real Estate” charity
gala include:
• Beth Peerce, Vice President for the
National Association of Realtors
• David Cogdill, President & CEO for
the California Builders Industry
Association
• Sean O’Toole, President of
PAGE 37 • 2014
PropertyRadar
• Bill Cosgrove, Chair for the
Mortgage Bankers Association
• Christopher Thornberg, Principal,
Beacon Economics
• Doug Duncan, Chief Economist
for Fannie Mae
The panelists will provide important
insights into what real estate profes-
sionals can expect to see in the coming
months and beyond, according to Norris,
who has built a following in the real es-
tate community and with news reporters
after producing consistently accurate
real estate forecasts.
Proceeds from the Oct. 24th “I Sur-
vived Real Estate” event will be donated
to Make-A-Wish® Orange County and
Continued on pg. 111
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