We have some exciting news to share with you all! Last Wednesday, our office had the pleasure of hosting a networking event by the California MBA Group and we could not have been more thrilled with the outcome! We had over 100 awesome people come out and we could not have been more thrilled to host such an incredible group of professionals! A huge thank you to all of you for coming and making this event so memorable for myself and my entire team! It was so much fun getting to spend time with you, getting to know some of you better and meeting a few of you for the first time. We truly hope this networking event was beneficial to each of you in some way!
We would also really like to thank Douglas Duncan for attending our event. Many of you know Doug as the Senior Vice President and Chief Economist of Fannie Mae and I couldn’t be more proud to call this incredible man a friend and long time supporter of AAA AMC over the years.
Lately there’s been a lot of talk and debate on whether or not we are going to be experiencing another huge hit in our industry. As a result, you and I have all been worrying how we could afford another hit and manage to come out of it this time around. However, have you read the article that was published on the Fannie Mae site on June 23, 2015 called “Economic Rebound on the Horizon with Q1 Slump in Rearview Mirror,” by Katie Penote? It actually gave me quite a bit of hope for this upcoming quarter and I hope it does the same for you. It states that even with the rise of the U.S. dollar, and the ongoing trials our country has been experiencing in regards to the oil and gas industry, what will keep us afloat is that employment rates are actually on the rise, which means the average household income will also increase, providing a better market for real estate. In fact, they claim that this is likely to assist our economic growth to jump about 3.