A couple of weeks ago I attended a meeting of the Contra Costa Chapter of the Women’s Council of Realtors in Danville, CA. Bill Brown, President of the California Association of Realtors (CAR) was the guest speaker at an early breakfast held at the Crow Canyon Country Club.

Angela Muetterties, President of Women’s Council of Realtors CCC, officiated the proceedings

When I tried to edit the video footage I had shot, I discovered a software problem that has taken me two weeks to sort out. I guess this post falls under the heading of – Better Late Than Never.

Bill spoke about the challenges in the real estate industry and the continuing impact of the subprime market collapse. Housing affordability was another hot topic.

According to news today, the challenges continue:

California and Florida continued to represent a disproportionate share of the country's new foreclosures. The two states accounted for 30 percent of mortgages starting the foreclosure process, the association said. "In states like California, Florida, Nevada and Arizona, overbuilding of new homes created a surplus that will take some time to work through," Doug Duncan, chief economist for the Mortgage Bankers Association said.