Bruce Norris, president of the Riverside-based Norris Group, which specializes in buying and reselling Inland foreclosed houses, said the median price increase is misleading. Norris said originally the foreclosure inventory was made up of less-expensive homes purchased with subprime loans. Now he is seeing more expensive homes foreclosed on that were owned by higher income people who have lost their jobs.
Upward blip in Inland area housing prices draws mixed reactions
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