Norris Bruce
Dec 10, 2019

I Hope Your City Didn’t Get An F On Your Report Card

Today’s News Synopsis:

How well was each city and county in California graded?  What new tech trends should we be keeping an eye out for next year?  6 economists made their predictions of what they see happening in the housing market next year.

In The News:

Press Enterprise “Rent control could be headed back to California voters” (12-10-2019)

“Rent control advocates on Thursday submitted signatures to get the issue back on the ballot — tweaking the soundly defeated Proposition 10 from 2018 and hoping to return it to California voters next year.”

Inman “6 economists predict what the 2020 housing market has in store” (12-10-2019)

“Low supply and high demand will drive the housing market amidst age milestones for millennials and baby boomers.”

Zillow “Zillow Predicts Shrinking Homes and a Stable Market in 2020” (12-10-2019)

“After extraordinary home value growth characterized a frenzied housing market in 2017 and 2018, this year’s slowdown felt like a welcome return to normalcy in much of the country.”

HousingWire “Fannie Mae: Consumers’ attitude about the housing market improved in November” (12-10-2019)

“In November, consumers felt better about the housing market as a slight boost of housing affordability spurred an increase in consumer confidence, according to Fannie Mae’s Home Purchase Sentiment Index.”

Forbes “Technology Opens Portals For Investors Getting Started In Real Estate” (12-10-2019)

“The future of real estate investment, development and funding is the accessibility to the investor considering real estate investing (or REI).”

Entrepreneur “This Company Makes Real Estate Investing Possible for More People” (12-10-2019)

“‘Buy property.’ That’s sound investment advice. However, it’s also cliched and impractical in today’s exorbitantly expensive real estate market when most people can hardly afford their rent let alone a down payment and a mortgage.”

Inman “Global iBuyers?  A one-click close?  Tech trends to watch for in 2020” (12-10-2019)

“Venture capital and real estate tech leaders share their technology predictions for 2020.”

Press Enterprise “Housing permit report card: How we graded every city, county in California” (12-10-2019)

“Cities and counties in California are required to plan for adequate housing across income affordability levels. Most are doing so — but many fewer are meeting their goals to actually get those homes built.”

 

California Real Estate Investor Events

Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with SDCIA on Tuesday, December 10.

Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with Prosperity Through Real Estate on Tuesday, January 7.

Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with Robert Hall & Associates on Wednesday, January 8.

Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with OCREIA on Thursday, January 9.

Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with CVREIA on Thursday, January 14.

Bruce Norris will be presenting Turmoil: The Coming Storm of Negative Interest Rates on Saturday, February 1.

 

Looking Back:

9 Surprising Real Estate Opportunities…. Real estate blockchain may be coming sooner than we thought with its release expected early this year.  Freddie Mac and Fannie Mae both announced they would be suspending evictions during the holidays.

 

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