Quality of Life

<div class="MsoNormal" style="margin: 0in 0in 0pt;"> <span style="font-family: Calibri;">There is an interesting article in the New York Times business section today with the CEO of the Corcoran Group, which is owned and operated by NRT, one of the nation’s largest residential brokerage companies. <span style="mso-spacerun: yes;"> </span>She talks about the challenges of selling real estate in New York City.<span style="mso-spacerun: yes;">  </span>She said that finding inventory in larger units of 4 bedrooms or more was very difficult. <span style="mso-spacerun: yes;"> </span>The influx of foreign buyers from the Middle East and China buying expensive condos and driving up values.<span style="mso-spacerun: yes;">  </span>The average sale for the Corcoran Group in the month of October was $1.6 million.<span style="mso-spacerun: yes;">  </span>These problems are very similar to what we experience in the Inland Empire. <span style="mso-spacerun: yes;"> </span>We have a scarcity of inventory,<span style="mso-spacerun: yes;"> </span>investors are bidding up our properties and foreign buyers are having an impact on us as well.<span style="mso-spacerun: yes;">  </span>The biggest difference is in our commission checks. <span style="mso-spacerun: yes;"> </span>I would still rather do business here: than in New York City. <span style="mso-spacerun: yes;"> </span><o:p></o:p></span></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div>

There is an interesting article in the New York Times business section today with the CEO of the Corcoran Group, which is owned and operate...

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New Watering Hole

<div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <span lang="EN" style="color: #333333; font-family: 'Tahoma','sans-serif'; mso-ansi-language: EN;">The West End Real Estate Professionals Wine Tasting Charity Event was held last night at the J Felippi Winery on Baseline in Rancho.  I think the rain had something to do with the terrific turnout.  Everyone was looking for a warm spot to mingle with friends. I’m not much of a bar person and I rarely head to a bar on a Thursday night unless it’s for a sporting event or a special occasion such as we had last night.  I’ve had many good times before at WEREP, CVAR and TIGAR events but for some reason last night seemed to me to be the most enjoyable event of the last few years. I know with age comes sentimentality but last night everyone there seemed to be an important component to the happiness of my life. I spoke with many people there and I said that tight groups such as cops, construction workers, large office staffs will have a certain watering hole where they all hang out. I wish there was a bar where the local real estate community would hang so I could get the same vibe when I walked in like I did last night.  When I mentioned that to a friend’s last night, it was funny because some of them looked at me and wondered if I was serious.  People involved in the real estate industry in the IE are the most compassionate, kind, generous and friendly group that anyone could possibly be associated with. If you have a local watering hole that you enjoy going to,  let us know so we can join you there. <o:p></o:p></span></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <span lang="EN" style="color: #333333; font-family: 'Tahoma','sans-serif'; mso-ansi-language: EN;">Best, Bob<o:p></o:p></span></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div>

The West End Real Estate Professionals Wine Tasting Charity Event was held last night at the J Felippi Winery on Baseline in Rancho.  I t...

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CAR EXPO

<div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <span style="font-family: Calibri;">I attended the annual California Association of Realtors® (CAR) Expo at the Anaheim Convention Center, I arrived at 9am and may have been one of the first ones let in that day.  The usual booth holders such as lenders and home warranty providers were in attendance but what was also great was that there were real estate brokerages too. The real estate companies that were there must have felt that this was the right place and the right time to do recruiting. We know sales of new homes have picked up well over last year’s pace.  Bruce Norris has said “boom times ahead” so maybe not feeling that the convention hall was as crowed this year as previous years is a good thing.   <o:p></o:p></span></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <span style="font-family: Calibri;">I made it a point to visit the booths of all the local real estate associations and chit chat as we are affiliate members with many of them. The atmosphere was very positive and upbeat and I have enough pens to last me till next year’s convention!<o:p></o:p></span></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div> <div class="MsoNormal" style="margin: 0in 0in 0pt;"> <br /></div>

I attended the annual California Association of Realtors® (CAR) Expo at the Anaheim Convention Center, I arrived at 9am and may have been...

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