Rotary Club of La Quinta

Service above self since 1985

          

Jeff Fishbein Updates La Quinta Rotary on Real Estate Market

 
 
 
 
Frank, Sandy S., Nick, Joe,and Sandy L. are greeted by Eunice, Cory and Adrian
 
We gathered together as Rotarians and friends after 3 weeks of incredibly mild temperatures with daily highs running 10 to 15 degrees warmer than usual… Thank you El Nino!   Baird Boucher, filling in for our absent President Doug Motz called the meeting to order at 12:15 and had Allan Levin lead us in the pledge of allegiance.  This was followed by an invocation given by Andy Lorenz.
We had 6 visiting Rotarians scattered about the room who had for the most part traveled from the colder climes to recreate here in the Valley of the Sun.  Also present was Allan Levin’s son Jonathon.
In Victoria’s absence, Bruce Cathcart switched over from blond jokes to a pirate joke that apparently drove the audience nuts!  Arrrrrgh!!!
 
Announcements included:
Brett Anderson announced that the Veteran’s Expo this year will be held on Saturday April 2, 2016 at the Indio Fairgrounds.  We will be cooking the hot dogs again and the Indio Rotary will be serving them.  We have a cooking crew in place to handle this but club members are invited to join us for some fun and great story telling (if Adrian shows up!), plus a free hot dog (or two).
Sandy Stewart updated us on the recent Strut Your Mutt fundraiser.  It was well attended, everyone had a good time, there were no incidences to report and she thinks we made around $9,000.00 (once all the Pee Signs are paid for!).  Great Job Rotarians!!!
Dave Turner updated us on the upcoming Desert Stock fundraiser.
Marc Rosen announced that the Rotary 4-way Speech competition would be taking place on March 16, 2016 and that two more Rotarians were needed to help judge.  If interested please see Marc!
 
Baird Boucher gave a testimonial as to the effectiveness of training with Cory Kelly at the Palms Athletic Club where Cory has helped Baird to recover almost the full range of motion in is arm and shoulder!
Baird Boucher Presented Jeff Fishbein with the Service Above Self Award this day.
Our raffle was over $900.00 today and the lucky winner Adrian Gysi finally drew the black marble!!!
 Our Fine Master Allan Levin stepped to the podium and began recognizing members for better or for worse as they say.  Cory Kelly paid a few bucks for his birthday; Diane Weaver paid $5 for last week’s late arrival and early departure.  Her actions were vehemently defended by Dave Turner who arrived late today, paid his fine and then announced that he had to leave early.  Dick Jandt and Robert Wilkinson also arrived late and paid the price.  Andy Lorenz and Bob Wright were both recently honored by S.C.O.R.E. and paid for the honor… Bob Wright, now the new Executive Director of the East Valley Coalition paid a little more for the new job as well.  Raffle winner Adrian Gysi very generously donated back to the club $300.00 of his raffle winnings (Thank You Adrian!).  And finally, Merv Kolb contributed a few bucks in honor of his beloved University of Arizona men’s Basketball team’s recent string of victories in the PAC 12 and Dr. Bruce Underwood similarly celebrated his University of Kansas men’s Basketball team’s win over Walter Keating’s University of Oklahoma.
Our speaker this day was our very own Jeff Fishbein.  Jeff was born just over the hill in Tustin, California (Orange County) where he attended Foothill High School and then went on to receive his degree in Radio/TV- Communications from San Jose State University.  He then spent the next 28 years working with Enterprise Rent-a-Car where he attained the position of Vice President in charge of Sales and Marketing for the entire Southern California region.  Jeff retired from Enterprise about 5 years ago and moved to the desert where he began his second career as a Real Estate Agent now working with Coldwell Banker in Indian Wells.  In addition to his community service through our Rotary Club, Jeff is both a general Board Member and Executive Board Member of the La Quinta Chamber of Commerce.  Jeff’s presentation today was about the current real estate market in our Coachella Valley.  Assisted by an excellent slide presentation Jeff shared with us several statistics on the current market including the median home sale prices and the percentages regarding “remote” (not full time residents) home ownership relative to home prices.   He also discussed the Coachella Valley working population Vs. the retired population.  In summary Jeff shared with us that the median home prices are still 30% below the highs attained in 2006-7 and that the current sales activity has slowed due to the disappearance of the Canadian buyers this season.  None the less, Jeff is very optimistic about the future of real estate here in the Coachella Valley.  Jeff was a very good speaker and his presentation was most informative.  Thank you Jeff!
 
At 1:37 Baird called the meeting to a close with the Four Way Test.
This newsletter was written by Bruce Cathcart
 
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