Bruce Norris is joined again this week by Gary
Watts. Gary is the broker and owner of
Impact Real Estate. This is a private
real estate company that provides consulting services to not only buyers,
sellers, and investors, but also to companies affiliated with the real estate
industry in California. Gary is a
well-known real estate economist who began his career in 1971. Today, he and his company are called upon to
advise the home industry of economic trends that will affect and effect their
future impact on real estate. He also manages
investment properties that they acquire for their investors. Bruce and Gary discuss the increase in rental properties as opposed to homeownership, hedge funds, real estate trends, the real estate market in Orange County compared to the Inland Empire, the concern over shadow inventory, the real estate cycle, important charts to view when looking at the economy, the percentage of homeowners accelerating their loan payment, and much, much more on this week's real estate radio show and podcast.
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