Bruce Norris, President of The Norris Group, to Provide Outlook at Real Estate Luncheon


Bruce Norris, President of The Norris Group, to Provide Outlook at Real Estate Luncheon
Bruce Norris, president of The Norris Group, will speak on real estate trends on Thursday, Aug. 28, at Cal Poly Pomona.

Bruce Norris, president of The Norris Group, will be the featured speaker at the Real Estate Research Council of Southern California (RERC) quarterly luncheon meeting on Thursday, Aug. 28, from 11:30 a.m. to 1:40 p.m. in the Kellogg West Conference Center.

With 18 years of experience in property acquisition, negotiation, sales and management, Norris has lead seminars for Realtor boards and private investors. The Norris Group is dedicated to the profitability and education of California real estate investors.

Norris predicts that home prices will rise by 25 percent in the next 18 months. At a 1997 RERC meeting, he anticipated that California home prices would double in 8 years ? they doubled in 6 ½ years.

This quarterly luncheon meeting of the RERC will include release of its second quarter 2003 Real Estate and Construction Report. In addition, RERC Executive Director Michael Carney, professor of finance, real estate and law, will present an update of real estate trends through the second quarter, including results of the council?s survey of unsold new tract housing inventory.

The RERC, a nonprofit organization based at Cal Poly Pomona, works toward developing and distributing factual information about conditions affecting real estate in Southern California, from housing to mortgage lending and construction.

Cost to attend the luncheon is $35 and includes lunch. Reservations are required. For more information, contact Terry Kaufman at (909) 869-2410, or visit www.cpp.edu/~rerc.