Pete Chrzaszcz's (commercialmasterminds) Blog

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Commercial Real Estate Agent - Commercial MasterMinds
RECENT BLOG POSTS
Discussions with my peers led to the topic of foreclosures and the amount of available units that will come to market because of "single family deals" being purchased by commercial real estate investors. The concensus was that the "high rent" apartment dwellers would prefer renting a single famil...
07/30/2008
The following extract focuses on the East Bay exclusively. (I inserted my comments in parenthesis)  * East Bay unemployment declined, falling to 5.2 percent from 5.5 percent in March (Always good for the local economy) * Construction, finance and manufacturing payrolls continued to post larger-th...
07/30/2008
I took the liberty of condensing the speech... The Sources of Financial Turmoil: US Housing Boom,  Credit Boom and Growth in Emerging market economies. The Credit Boom is where lenders and investors aggressively sought out opportunities to take credit risks even as market risk premiums contracted...
07/30/2008
Much was learned by chatting with other brokers- most notably the gap between seller's expectations and buyer's willingness to pay is widening still! The guest speaker was Richard Knutson of Premier Apartment Advisors. Richard shared his insights with the group- no significant updates from last m...
07/30/2008
Another great meeting hosted by First American Title in their San Jose office. Kari Noomen (#1 Funding Team in the Nation- WOW! Congrats Kari) of WAMU, kari.noomen@wamu.net shared her insights from her crystal ball. My notes on her comments include: WAMU has increased the amount of lending money ...
07/30/2008
Marketing Session (mentored by Pete Chrzaszcz "Shunz"): The conversations between listing agents and myself focused on the gap between sellers expectations and buyers willingness to pay. Discussions ensued on how to uncover hidden values that might otherwise been overlooked. Numerous properties w...
07/30/2008
The Current State of the Silicon Valley's Commercial Real Estate Market:An Insiders' ViewA panel of brokers from CCIM and the Silicon Valley talks about the commerical real estate marketin the Silicon Valley at this meeting of the Silicon Valley District of NCalCCIM. Moderated by Pete Chrzaszcz,...
07/30/2008
This month our guest speaker was Jim McMasters, Senior Retail specialist for Colliers International. Jim shared his insights on the retail market- Jim reported "the market is remarkable"! Many retailers are struggling with the lack of consumer confidence and disposable income. I see the same as I...
07/30/2008
The East Bay Economic Development Alliance posted their first quarter indicators for 2008. Commercial MasterMinds               Consult Pete
07/30/2008
Post September 11, 2001 the subprime mortgage idea resurfaced to slow the downturn in our economy.  In a nutshell, the mortgage industry initiated and created the "pipeline" of subprime mortgages from 2002 till recently. The first short sales/foreclosure surfaced about 2007. That equates to a 5 y...
07/30/2008
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Pete Chrzaszcz

CCIM
local_phone(925) 719-3569
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