The meeting was called together at the SM Elks club at noon with 31 members present. Chairman Keefer announced that it was unfortunate that 6 members and one guest did not call to advise of their absence. He then introduced a guest (and newest member of our group), Don Milburn;  Welcome Don!

 

After lunch, he introduced the speaker, Bobbi Decker. She is a Broker Associate with Intero Real Estate Services in San Mateo. The title of her presentation was, "Not business as usual"; The Changing Landscape.  

 

She held the attention of all attendees as she discussed the causes and results of the downturn in the Real Estate market, focusing on the lack of scrutiny of loan applications, and the fraudulent dealings of many in the industry; brokers, banks, mortgage companies, etc. She compared the market in our specific area with other areas in Northern California, and was optimistic that there would be a slow, but steady return to some normalcy. The question period was spirited and interesting. Overall, a good program and very informative.
 

OUR NEXT MEETING WILL BE HELD ON MAY 20 AT DOMINIC'S COYOTE POINT. The menu will be Veal Parmesan, or Salmon Provencal.

 

Mort Levinson