NEW LISTINGS for Thursday, May 26, 2011

Coldwell Banker Armstrong Properties has new listings:

MLS No: I11066275
Address: 2823 Chisholm, Riverside CA
Price: $245,000

MLS No: I11066072
Address: 5998 Londonderry, Riverside CA
Price: $399,000

For more information regarding this listing, visit our website by clicking here Coldwell Banker Armstrong Properties and visit our Office Listings under Properties.

Coldwell Banker Armstrong Properties Announces Affiliation with Rockwell Institute Real Estate School

Coldwell Banker Armstrong Properties is proud to announce that as of May 1, 2011, they are an approved California Satellite School through Rockwell Institute, a real estate school that has been preparing students for state licensing exams for more than 35 years.

 “We are extremely excited for this opportunity and since our affiliation with Rockwell Institute, we have had over 30 inquiries to the program and expect this interest to continue through our recruiting efforts”, says Jeff Petsche, Sales Manager/Broker Associate for Coldwell Banker Armstrong Properties.

Jeff says, “Attrition is an inevitable part of the real estate business. Real estate has one of the highest turnover rates of any industry, which makes recruiting new agents critical to the success of our company.” Jeff goes on to say that “while retention is also critical, it is not enough to maximize your profit potential and ensure the longevity of an office because agents eventually retire, make career changes or just change companies. It’s just what happens in our business. Filling the pipeline of new agents is an important part of my daily routine, and statistics show that 80% of real estate agents leave the business within two years, so constant recruiting is a crucial part of any company’s success”.

Rockwell is known for:

• Convenient training programs
• High quality materials
• User-friendly technology
• Excellent state exam preparation

Rockwell courses lay the groundwork for a successful real estate career. Rockwell offers both online and home study/correspondence courses, so you can study at your own pace from home, the office, or virtually anywhere!

Textbooks are always included with Rockwell courses. Up-to-date information and clear, concise writing makes complex real estate issues straightforward and simple.

As an approved Satellite School for Rockwell Institute, Coldwell Banker Armstrong Properties is able to offer a 25% discount on all real estate related materials and courses through Rockwell Institute.

Jeff can be contacted at jeffrey.petsche@coldwellbanker.com or 951-328-7842. 

Coldwell Banker Real Estate Ranked as Fastest-Growing Real Estate Franchise System by Entrepreneur Magazine!

Coldwell Banker Real Estate Ranked as Fastest-Growing Real Estate Franchise System by Entrepreneur Magazine

Brand Also Recognized as One of Top 100 Overall Franchises

PARSIPPANY, N.J. – April 25, 2011 – Entrepreneur Magazine recently ranked Coldwell Banker Real Estate LLC as the fastest-growing franchise among real estate companies for 2011 and the No. 14 fastest growing franchise in all business categories. Coldwell Banker Real Estate also was ranked No. 75 in the Entrepreneur 2011 Global Top Franchises list and No. 90 in the publication’s 32^nd annual U.S. Franchise 500^® rankings.

"In the midst of a challenging market, we are proud of our expansion and recognition as an ever-growing franchise," said Budge Huskey, president and chief operating officer for Coldwell Banker Real Estate LLC. "We're always moving, and that means forging new relationships and gaining presence in new markets, while empowering our existing franchisees and their sales associates with the tools they need to continue to succeed."

Among these tools is the recently released Coldwell Banker Managing Broker Academy, an online learning portal for managers and brokers. The newest tool provides videos, podcasts and social learning aids focusing on long-term educational planning and timely educational tools.

Additional training and ongoing support Coldwell Banker offers offices and agents includes:

·         Intensive multi-day introductory training sessions offered at Coldwell Banker's headquarters and franchisee offices

·         Diverse classes and continuing education programs  available in person or online

·         National and local advertising, including television, online and mobile

·         Management conferences and regional training events

·         Field operation evaluations

·         Grand opening support

·         Weekly newsletters

Entrepreneur’s 32^nd Annual Franchise 500^® report is based on its own proprietary rankings formula using financial and statistical data from July 2008 through July 2010.  For more information on the rankings visit: http://www.entrepreneur.com/franchises/franchise500/about.html

For additional information on Coldwell Banker visit the Franchising Opportunities section of www.coldwellbanker.com.

About Coldwell Banker^®

Since 1906, the Coldwell Banker^® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of nearly 90,000 sales agents working in approximately 3,300 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to augment its web site www.coldwellbanker.com for smart phones, the first to create a iPhone application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On Location^SM YouTube channel.  The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International^® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.  Each office is independently owned and operated.

Home Sweet Home. Still. (Five Years After the Bubble Burst)

I wanted to share with you an article that was published in the C.A.R. (California Assoication of Realtors) Newsline this month.

Great information regarding the confidence level of consumers and the investment upside of buying/owning a home.

http://pewresearch.org/pubs/1960/homeownership-still-thought-best-long-term-investment-by-big-majority

I hope you enjoy the article and if you are looking to buy that next piece of property, do not hesitate to contact a professional real estate consultant today!

Jeff Petsche
Sales Manager/Broker Associate
Coldwell Banker Armstrong Properties

Month’s Shadow Inventory: State by State

Month’s Shadow Inventory: State by State

Five Signs to Buy

Five signs that say “buy”
Home buyers sitting on the fence wondering if now is the right time to buy should consider five factors when making this decision: Jobs, recent sales activity, construction, mortgage availability, and anecdotal evidence.  Each of these issues can help consumers make the best choice for their situation and financial circumstance.
MAKING SENSE OF THE STORY

• Jobs: Although many areas of the country were deeply impacted by the recession, some areas were less affected by job loss.  If employment stability is a concern, prospective buyers should review job-growth data from the U.S. Bureau of Labor Statistics at www.bls.gov.  The data provided by the Bureau is approximately one month old and shows the direction of the local economy.
  
• Recent Sales Activity: Housing inventory and sales volume should be taken into consideration while house hunting.  A large inventory of homes with few actual transactions can be a negative indicator.  On the other hand, if inventory is falling and transactions are rising, that is a good sign.  In January, the CALIFORNIA ASSOCIATION OF REALTORS®’ Unsold Inventory Index stood at 6.7 months, up from 5 months in December 2010, but down from 5.7 months in January 2010.  The index indicates the number of months needed to deplete the supply of homes on the market at the current sales rate.
  
• Construction: Staying up-to-date on the number of building permits issued for local builders is useful for gauging builder sentiment and the future of housing activity.  The California Building Industry Association recently announced that California homebuilders pulled 2,920 total housing permits in January, registering a 5-percent decline compared with a year ago and a 56-percent decline compared with December.  However, the Construction Industry Research Board is projecting 62,000 total permits will be pulled in 2011, an increase of 38 percent compared with 2010’s total of 44,893 permits.
  
• Mortgage Availability: Home buyers hoping to be approved for a mortgage should monitor local lending patterns.  Following the financial crisis, most national banks tightened lending standards; however, some local banks haven’t been impacted as much as large lenders and are more willing to lend, even for higher-priced homes.
  
• Anecdotal Evidence: Although buyers can access home listings online, one of the best ways to monitor the local housing market is to work with a REALTOR® and gather intelligence using their expertise and guidance.

Information taken from an article published in the Wall Street Journal, Saturday February 26, 2011

Coldwell Banker Armstrong Properties is About

LOCAL TRADITION with a GLOBAL CONNECTION

Our Company Open House Expo (March 5th and 6th)

"OPEN HOUSE EXPO"

SATURDAY MARCH 5TH AND SUNDAY MARCH 6TH

TIMES: 1PM-4PM (Both Days)

Look for the below AD in the Home Seller of the Press Enterprise this Saturday, March 5th....

Come visit our agents and let them help you find your next home TODAY!

Coldwell Banker Armstrong Properties is About
LOCAL TRADITION with a GLOBAL CONNECTION

Foreclosures decrease in 2010 due to short sales and modifications - Business - ReviewJournal.com

Foreclosures decrease in 2010 due to short sales and modifications - Business - ReviewJournal.com

Tenants don't have foreclosure-act protections in short sales

Tenants don't have foreclosure-act protections in short sales

Coldwell Banker Armstrong Properties Open House Expo

COLDWELL BANKER ARMSTRONG PROPERTIES

OPEN HOUSE EXPO

Saturday, February 26th and Sunday, February 27th

Coldwell Banker Armstrong Properties will be holding and Open House Expo at the end of February and we invite all of you to join us.

We will be featuring 10 of our in-house listings in the city of Riverside from 1pm-4pm on both days. The properties will have our TOP SALES AGENTS hosting the Open House and they will be able to assist you with any questions you may have. The property addresses will be posted on this Blog by Friday, February 25th, so check back in or check the Home Seller in the Press Enterprise that weekend for all details.

Take advantage of this opportunity to visit some great homes, priced to sale and with interest rates on the rise, sitting on the fence is a big mistake in this market.

For more information regarding our Open House Expo, contact the Sales Manager, Jeff Petsche at his direct line: 951-328-7842

NEW LISTING (1960 Fairview, Riverside CA 92506)

1960 Fairview, Riverside CA 92506

Thomas Guide Page: 686A7

Listing Agent: Steve McKee (CB Armstrong Properties)

MLS# K11016866

$433,500

GREAT CORPORATE OWNED PROPERTY-NICE 4 BEDROOM 3.5 BATH POOL HOME ON HUGE .42 ACRE CORNER LOT-NICE POOL AND SUN ROOM

4 Bedroom/3.5 Bathroom

3,338 Sq. Ft. of living space (Assessor's Data)

For more information, contact our office at 951-682-1133 and one of our seasoned agents can help you.

(Information taken from the Multiple Listing Service and is deemed reliable, but not guaranteed)

Welcome

Hello,

My name is Jeff Petsche and I am the Sales Manager/Broker Associate for Coldwell Banker Armstrong Properties.

I want to personally welcome you to the Coldwell Banker Armstrong Properties Blog Site and I hope that you find the information I provide here to be of value to you as a buyer, seller, investor or just a general blogger.

With Social Media being what it is today, I feel that it's important for an office, such as ours, to keep up on current technology trends and provide the consumer with easy and ready access to information that may help you in your decision making process.

I have encouraged all of my agents to promote this site to their clients, friends, family members and the general community because of the valuable information that I intend on posting here.

You as a reader will be exposed to market related information, articles, our office listings, open house information, our community involvement and much more.

I hope you find the site valuable over time and I look forward to a large following.

Sincerely,

Jeff Petsche
Sales Manager/Broker Associate
Coldwell Banker Armstrong Properties

Coldwell Banker Armstrong Properties is About

LOCAL TRADITION with a GLOBAL CONNECTION