Next we heard from Kevin Kennedy. Kevin is an RPM mortgage lender and comes from a long-time real estate family here in the San Ramon Valley where he grew up. Kevin has a passion for helping families move into their dream home. For a number of years he has hosted an in-office “lunch and learn” and is now taking that out to the community. The idea is to inform and educate customers on the details of financing a home and how to incorporate it in their long-term financial plans. Kevin mentioned he has never seen the real estate market so robust. He feels that the growth this time is undergirded more firmly with much higher down payments primarily from cashed-out stock options and also from foreign investment. The increasing rise in housing prices he mentioned have to do with the simple economic law of supply and demand. Unfortunately, restrictive California regulations on land-use diminish and constrain the housing supply, thus driving up prices.
Kevin is a talented musician and has played guitar in rock bands much of his life. Recently, he was asked by the head pastor and others at Community Presbyterian Church in Danville to join the church band in giving rousing gospel rock performances at Services. Those of us who attends CPC enjoy seeing Kevin perform!
Quote of the Day: “Somebody is always doing what somebody else said couldn’t be done.“