Bob's Broker Buzz: Real Estate News

Come to Havana Nights May 22, 2014

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<b>Havana Nights is this Thursday 5/22 from 5pm-9pm. </b> </div>
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The cost is $15 and you receive 1 free drink and fabulous Cuban food.  The
money raised goes to Steven’s Hope. The real estate industry + liquor + food +
a great cause = FUN!!!.  Come to Flamingo Palms 11400 4<sup>th</sup>
Street, Rancho Cucamonga or <b>call me for tickets 909-946-7506</b>. </div>
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  <o:p></o:p></div>
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Havana Nights is this Thursday 5/22 from 5pm-9pm. The cost is $15 and you receive 1 free drink and fabulous Cuban food. The money r...

Havana Nights!

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<span style="font-family: Calibri;">This is a terrific party and it’s for a wonderful cause; the money goes to Steven’s Hope (helping families with seriously ill children).<span style="mso-spacerun: yes;">  Enjoy c</span>ocktails, beer and wine plus delicious Cuban
food and great company (Realtors and affiliates).<span style="mso-spacerun: yes;">  </span>Spend $15 and put your party face on.<span style="mso-spacerun: yes;"> </span></span><span style="font-family: Calibri;">Thursday May 22 5pm-9pm at Flamingo Palms in Rancho Cucamonga.</span><span style="font-family: Calibri;"> </span><br />
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<span style="font-family: Calibri;"><b>Call me for tickets 909-946-7506. <span style="mso-spacerun: yes;"> </span></b></span><br />
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<span style="font-family: Calibri;"><b><a href="http://pages.lewisop.com/LewisBrokerRegistration.html?utm_campaign=lewis_broker&utm_source=lewisbroker.blogspot.com&utm_medium=blog&utm_content=havana_nights" target="_blank">Register here</a> </b>to receive important updates regarding standing inventory, updated pricing, special events and our Lewis Broker quarterly newsletter.</span><br />
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This is a terrific party and it’s for a wonderful cause; the money goes to Steven’s Hope (helping families with seriously ill children). ...

State of the Inland Empire 2014

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<a href="http://www.lewisop.com/?utm_campaign=lewis_broker&utm_source=lewisbroker.blogspot.com&utm_medium=blog&utm_content=state_of_the_inland_empire_2014" target="_blank"><img alt="State of the Inland Empire 2014" border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6ie8BdZSXurF6DP_doLwolckKgBH3LLVw6lG9xG1IDOyguDfF8CRFCeUNP0L76vlkJP9TOeDlcSgS3-01qjHxETA6yvVAkQ_kBbOwl8Ip732v4qopMXtL5oc7Tp3EMTvcnWOyUKfZDmQ/s1600/WEREP-flyer_randall_save_header.jpg" title="State of the Inland Empire 2014" width="640" /></a></div>
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<h2>
<b>Randall Lewis Presents: </b><b style="text-align: center;">State of the
Inland Empire 2014</b></h2>
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<a href="http://www.lewisop.com/Executives/tabid/65/Default.aspx?utm_campaign=lewis_broker&utm_source=lewisbroker.blogspot.com&utm_medium=blog&utm_content=state_of_the_inland_empire_2014" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img alt="Randall Lewis Presents State of the Inland Empire 2014" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijPouNrRTwJ6fIeNiZA-CEcF1tA-BW_7p7k_IXYwB0dS-M4vLbrzVHLFKqlqjgD69lIVigr1ECWcUXkf8zElYSHnn2ulnETUNX5fiRBcD_PaUyGbqaY2rJneNAdA63hP6t0mtbW87y3Nw/s1600/WEREP-flyer_randall_save_randall_headshot.jpg" title="Randall Lewis Presents State of the Inland Empire 2014" /></a>Randall Lewis will be the guest speaker at <b>WEREP</b> (West End
Real Estate Professionals) on <b>Friday, January 17, 2014</b>.   Randall is the Executive Vice President of <a href="http://www.lewisop.com/?utm_campaign=lewis_broker&utm_source=lewisbroker.blogspot.com&utm_medium=blog&utm_content=state_of_the_inland_empire_2014" target="_blank"><b>The Lewis Group of Companies</b></a>.  The Lewis Group of Companies has been a leader of real estate development in the
Inland Empire for over 50 years.  Randall does not do many public
appearances and his speaking engagements are limited.  His presentation at
WEREP will be his 6<sup>th</sup> annual appearance and it has evolved into an
event not to be missed.  Randall will deliver what he sees for development
in the areas of new
homes, apartments, retail, industrial and
commercial for 2014.  The Lewis Group of Companies is involved in all types of real estate development and if you are involved in any one of them
this is the presentation you want to hear.  There will be a short
question and answer period following Randall’s presentation so if you have a
burning question, bring it with you. </div>
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The meeting runs from <b>8:30am – 9:30am</b> <b>with most people
arriving between 8am-8:15am</b>.  No RSVP is necessary but arrive early for
good seating.   The event will be held at
the Goldy Lewis Community Center at Central Park, 11200 Baseline Road, Rancho
Cucamonga 91701 (Cross streets: Milliken & Baseline).</div>
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The cost is $3.00, which includes a continental breakfast and is open to the public. </div>
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<a href="http://www.lewisapartments.com/?utm_campaign=lewis_broker&utm_source=lewisbroker.blogspot.com&utm_medium=blog&utm_content=state_of_the_inland_empire_2014" target="_blank"><img alt="Randall Lewis Presents State of the Inland Empire 2014" border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2JIMjMWq7OzMLIOU6Awx-pW1Kotn6dnbsosBAulG38COznuQmQs2VBnqxUyBgHVXtTDRm0LwLcjN7vc0v4hyphenhypheniD0YegcR_1d4DwfcdVslYygmhwmU6E07VmJaZu00aWOGv_O7vDeOaV3U/s1600/WEREP-flyer_randall_save_lac-property_banner.jpg" title="Randall Lewis Presents State of the Inland Empire 2014" width="640" /></a></div>

Randall Lewis Presents: State of the Inland Empire 2014 Randall Lewis will be the guest speaker at WEREP (West End Real Estate Prof...

Buying a Three Bedroom VS a Four Bedroom New Home

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<a href="http://www.vandaele.com/neighborhoods-all/renaissance-at-avellino/" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img alt="Renaissance at Avellino" border="0" height="265" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKCLoHj-Db0M8xTmF8FoY5v5UMeCFmDofcUqc8PXpm9sHlRgz6wIddGsNOU4VdD0aYY-5_X3k1wdVKyebJ5XI0ui7GrHT-1bJiRGlyHix77FiLDrcaH6B0yMti_9jUmLPh5MiuM_EEztI/s400/Avellino_Renaissance_Plan_3.jpg" title="Renaissance at Avellino" width="400" /></a></div>
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<span style="font-family: inherit; line-height: 115%;"><b>In the long
run you're better off buying a four bedroom new home even if you never use that fourth
room at all.</b></span></div>
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<span style="font-family: inherit;"><a href="http://homebuying.about.com/od/sellingahouse/qt/0207WhyMove.htm"><span style="line-height: 115%;">About.com</span></a><span style="line-height: 115%;"> says most people sell their homes
within five to seven years. As you try to sell your home, more and more people will
be looking for four-bedroom homes than looking for three-bedroom homes. So even
if you don’t ever use that fourth bedroom for the five to seven years that you
live in the home, that fourth bedroom may come in very handy when you turn
around and try and sell the home.<o:p></o:p></span></span></div>
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<span style="font-family: inherit; line-height: 115%;">Think of the
question this way: Isn't it easier to try and sell a home that is a little bit
too big versus a house that is a little bit too small? Most people say “Well
it's a little bit bigger than we need, but we'll take it.”  But if it's a little bit too small, you've got
no hope. Interest rates are so low right now that why not pay a little bit more
for a four bedroom?<o:p></o:p></span></div>
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<span style="font-family: inherit; line-height: 115%;">Dynamics are
always changing. Maybe you’re single, or you have roommates or a partner, or you
get married or you don’t. Maybe you have children. Regardless, of your current
situation, families change.  Parents,
friends, siblings, or grown children may come to stay at your home or even live
there indefinitely.  Maybe at some point
in time, you even decide to rent out the fourth bedroom. Things are always
changing, and you can always adapt to too much space. But it’s very difficult
to adapt to too little space.<o:p></o:p></span></div>
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<b><span style="font-family: inherit; line-height: 115%;">There are a few advantages to a
three-bedroom home over a four-bedroom home:</span></b><br />
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<li><span style="line-height: 18px;"><span style="font-family: inherit;">a three-bedroom home costs less money</span></span></li>
<li><span style="line-height: 18px;"><span style="font-family: inherit;">a three bedroom home  is generally less effort and money to maintain</span></span></li>
<li><span style="line-height: 18px;"><span style="font-family: inherit;">lower square footage often means lower energy costs, which brings us right back to the idea that a three bedroom home costs you less to maintain than a four bedroom home</span></span></li>
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<span style="font-family: inherit;"><span style="line-height: 18px;"></span></span></div>
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<b><span style="font-family: inherit; line-height: 115%;">How many three bedrooms homes are
being built versus four bedroom homes?</span></b></div>
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<span style="font-family: inherit;"><span style="line-height: 115%;">According to
USA Today's article entitled “</span><a href="http://www.usatoday.com/story/news/nation/2013/06/08/houses-bedrooms-family-size-homes/2390141/"><span style="line-height: 115%;">New Homes Still Getting Bigger</span></a><span style="line-height: 115%;">” by Greg Toppo, June 8, 2013:<o:p></o:p></span></span></div>
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<span style="font-family: inherit; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: Arial; mso-hansi-theme-font: minor-latin;">Three-bedroom homes still dominate overall housing: 47% of buyers of new
and used homes picked three-bedroom models last year, while 26% bought four or
more bedrooms, according to the National Association of Realtors. Data for new
homes tell a different story. <o:p></o:p></span></div>
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<span style="font-family: inherit; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: Arial; mso-hansi-theme-font: minor-latin;">The share of new homes with three bedrooms dropped from 53% in 2009 to
46% in 2012.New houses with four or more bedrooms snagged 41% of the market
last year, their highest share ever. Smaller houses — two bedrooms or fewer —
accounted for just one in five new homes in 2012.<o:p></o:p></span></div>
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<a href="http://www.vandaele.com/neighborhoods-all/renaissance-at-avellino/gallery/?pid=344" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><span style="font-family: inherit;"><img alt="Renessaince at Avellino Maste Bedroom" border="0" height="211" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJwo_mpyDBJXlOzhcJRJeQWKyEAZKdx7XNj6CjxvU_nFGjTf2T_czovU0axePm3SqDBSkPK-EZueHQRNcRUrKeWAy0WmI9w5ljiY3WkDrA3_eM7b6fZdH3WrxnEx0AuRUEGHgkUTDm4B8/s320/renaissance-plan-3-master_web.jpg" title="Renessaince at Avellino" width="320" /></span></a></div>
<span style="line-height: 115%;"><span style="font-family: inherit;">If you have
your choice, and the three-bedroom is all that's being offered and what you can
afford, then that’s what you should buy. If you're in a position to choose
between a three bedroom and a four bedroom home, and the price difference is
not huge, then I would almost always pick the four-bedroom.</span><span style="font-size: small;"><o:p></o:p></span></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;">Subscribe
<a href="http://feedburner.google.com/fb/a/mailverify?uri=BobsBrokerBuzz&amp;loc=en_US" target="_blank">here</a> to our blog for useful real estate tips and updates on new homes in the
Inland Empire.</span></h4>
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In the long run you're better off buying a four bedroom new home even if you never use that fourth room at all. About.com says m...

Welcome to my blog

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<span style="font-family: Calibri;">This is my first official blog, although I’ve been voicing my opinion on the subject of real estate longer than most readers have been able to read.<span style="mso-spacerun: yes;">  </span>I work for The Lewis Group of Companies as Director of Broker Relations.<span style="mso-spacerun: yes;">  </span><span style="mso-spacerun: yes;"> </span>I’m the liaison between the Lewis Company and the real estate community.<span style="mso-spacerun: yes;">  </span>I pass on important information regarding our new home developments and our apartment communities.<span style="mso-spacerun: yes;">  </span>Both sides work closely with realtors and both sides pay referrals and commissions.<span style="mso-spacerun: yes;">  </span>One of the favorite parts about my job is to visit real estate offices and share information with agents regarding the Lewis Company along with the housing and rental markets. <span style="mso-spacerun: yes;"> </span>I hope that some of the material is original and fresh, but I’m sure that most of it will be useful and worthwhile if you’re involved in the buying, selling or leasing of real estate in the Inland Empire. <span style="mso-spacerun: yes;"> </span></span></div>
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<span style="font-family: Calibri;">I look forward to my future of blogging with you.</span></div>
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This is my first official blog, although I’ve been voicing my opinion on the subject of real estate longer than most readers have been ab...