March 2016

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THE VALLEY BUSINESS JOURNAL 8 www.TheValleyBusinessJournal.com March 2016 Invest an Hour of Your Life to Save the Rest American Heart Association urges women to schedule a Well-Woman Visit. The American Heart Association is calling on all women to invest an hour of their life to save the rest by scheduling a Well-Woman Visit with their health care provider. A Well-Woman Visit is a prevention check-up to review a woman’s overall health so her doctor can measure blood pressure, check cholesterol and look for signs of heart disease, stroke and other illnesses. It can be scheduled with a primary care physician, nurse-practitioner or an Obstetrician Gynecologist (OB-GYN). A Well-Woman Visit requires no additional cost for most women because of the Affordable Care Act. Check your insurance plan for preventive services coverage before scheduling a visit. “Getting to heart disease before it gets to you is one of the best weapons to fight the nation’s leading health threats,” said Nicole Or, executive director of the American Heart Association in the Inland Empire. “An annual preventive checkup is a must for all women. It helps catch health problems early and minimize damage to the body.” Cardiovascular disease is America’s leading killer, but it poses an even greater threat to women, killing more women than men every year. Heart disease, stroke and other cardiovascular diseases cause 1 in 3 deaths among women each year – more than all cancers combined. An estimated 44 million women in the U.S. are affected by cardiovascular diseases. Ninety percent of women have one or more risk factors for heart disease or stroke. The good news is 80 percent of cardiac events may be prevented with education and lifestyle changes. In addition to scheduling a Well-Woman Visit, the AHA also recommends Life’s Simple 7 as an approach to improving one’s heart and brain health. 1. Get active: Aim for at least 30 minutes of moderate physical activity each day, five times a week. 2. Eat better: A heart-healthy diet is low in saturated and trans fat, cholesterol, sodium and added sugars, and high in whole grain fiber, lean protein and a variety fruits and vegetables. 3. Maintain a healthy weight: Bringing your body mass index (BMI) below 25 benefits your heart. 4. Stop smoking: Breaking the nicotine addiction is very important if you want to live a long and healthy life. 5. Manage blood pressure: Keep blood pressure levels to less than 120/80. Uncontrolled high blood pressure can hurt or kill you. 6. Control cholesterol: A cholesterol reading of 200 mg/dL or higher requires action. High cholesterol can cause blocked arteries, which may lead to a heart attack. 7. Reduce blood sugar: Blood sugar levels above 100 indicate that you may have diabetes or pre-diabetes, which increases heart attack risk. It is equally important to learn the warning signs of a heart attack. Chest pain and radiating discomfort in the left arm are common symptoms for both men and women. Women, however, may experience other warning signs, including shortness of breath, back or jaw pain and nausea. Call 9-1-1 immediately at the first sign of symptoms. Learn more at www.goredforwomen. org. To get involved locally, visit www. iegoredluncheon.org. Looking Up, or Look Out?? Linguistic master Yogi Berra once opined, “It’s hard to make predictions, especially about the future.” That’s proving to be especially true these days. In my last newsletter, the Fed had just raised their interest rate for the first time in seven years in what was widely expected to be the first of many such increases because ‘things were looking up.’ A scant 30 days later smart money says the Fed is done for awhile, maybe quite awhile, as current headlines trumpet “Big Firms Hit Brake as Profit Slumps,” “China Bleeds More Cash,” and “How to Survive the New Economic Normal.” The stock market responded handing the DOW its worst 10 day start to a year since 1897 in what one senior trader called “gut wrenching drama.” Citing fears of further collapse in oil prices and ongoing weakness in the Chinese economy, some analysts are warning of the ‘biggest stock market crash in a generation.’ Look out! But before the Bears run amok – the January unemployment rate dropped under 5% for the first time in years and forecaster expect that to drop to the 4.7% rate by year-end. That’s good. Last year’s forecasters of GDP reaching the 3% milestone were disappointed when it averaged just 2.1% and have tempered their 2016 forecast to 2.5%. Not great, but better. Housing prices are expected to rise 4.5% - 5.5% in 2016, slightly slower than 2015’s pace, while new home construction is expected to reach 1.27 million, its highest rate since the 2007 route. Things are looking up! And Alt-A loans, euphemistically referred to as ‘liar loans’ a decade ago, are staging a comeback. That means anxious buyers are out there but just not that many (yet). Things are looking up - maybe. These mortgages, typically extended to people that can’t fully document their income, can be a real boon to many otherwise well-qualified but self-employed buyers. However, together with sub-prime loans, they helped fuel the avalanche of defaults leading up to the economic crash and thus fell out of favor. Investors looking for higher rates of return than current interest rates are lobbying for these new low-doc mortgages promising to do a better job qualifying and policing than before. Look out - maybe. January was one heckuva month. I, for one, was right on the money when I forecast that January housing numbers would suck. They did. I’d like to claim that I’m just that prescient but you all now that’s not true. It was a pretty safe call because every January for the last 5 years has sucked, often being the lowest sales month of the year. With December pending sales way down, it was a sure bet that January closings would follow suit. That’s too bad because January’s pending sales aren’t all that hot either, up only 5% from December, so February numbers won’t be anything to brag about even with an extra day in the calendar. We’ll have to bide our time until March to see how demand is going to trend this year. Both sales and median prices were down in January – sales off 25% from December and prices down 1%. Even with that drop, they were good enough to keep us ahead of 2015, with sales up 10% from last January and prices holding a 7% edge. Analysts believe prices will continue to increase this year but at a slower pace than last year which we’re seeing borne out in our local market, With sales down and people starting to list their homes after the holidays, inventory ticked up 6%, but still 17% below where we were last January. Inventory is holding in that 3 month range for most cities – new normal. On average, cities managed to absorb nearly 85% of new listings to the market in January and homes sold a little faster bringing days-on-market back down to an average of 55 days. That means anxious buyers are out there but just not that many (yet). Things are looking up - maybe. Gene Wunderlich is Vice-President of Government Affairs for the Southwest Riverside County Association of Realtors and Legislative Director for The Southwest California Legislative Council. A local advocate on housing and business issues, you can contact Gene at GAD@srcar.org or follow him on Twitter @SWCalAdvocacy. connect: GAD@srcar.org
March 2016 WPC Welcomes Dr. Mary O’Dwyer as March’s Speaker Women’s Peer Connection is excited to welcome Dr. Mary O’Dwyer, Ph. D. as our featured speaker on Thursday, March 10th. Dr. Mary O’Dwyer is a certified fitness and health coach in Temecula as well as a Certified Transformational Breath® facilitator . She founded Dr. Mary O’s Health and Fitness in 2012. It is her mission to guide you in attaining optimal health for your body, mind, heart and soul. She lives in Murrieta, Ca with her husband, 2 sons and assorted livestock. Dr. Mary O will speak about reducing stress in your body, environment and lifestyle. She will cover some simple everyday tips and share common pitfalls to avoid. March’s meeting will take place on Thursday, March 10th at Claim Jumper Restaurant on the corner of Rancho California and Ynez. Registration begins at 11:15am. Members are $20, guests are $25. THE VALLEY BUSINESS JOURNAL www.TheValleyBusinessJournal.com City of Temecula Reports Strong Local Job Growth With 50,493 jobs and a growing diverse economic base, Temecula’s job numbers are creating a positive impact for Southwest Riverside County. State of California’s Employment Development Department has released the first quarter job numbers for 2015, their most current data. The City of Temecula is pleased to announce strong local job growth with additional 1,618 new jobs added from first quarter 2014. Temecula’s current job number of 50,493 is almost back at its highest peak ever in the City’s history. In the first quarter of 2006, Temecula peaked at 50,864 jobs- just 371 jobs over their current status. With strong job growth trends, Temecula is confident that they will surpass 2006’s record. Mayor Mike Naggar is excited for the future, “We are proud of the growth we have experienced in the job market and we will continue to work towards creating more opportunities. We are 9 focused on retaining, attracting and creating jobs here in Temecula” he said. We are proud of our businesses that make the decision to grow in Temecula and ultimately create jobs in our community. Millipore Sigma, a life science company, recently acquired an additional 38,000 square feet of building space, totaling 150,000 square feet dedicated to the development, manufacturing and distribution of biologics. Bomatic Inc., a custom injection molding plastic manufacturer, expanded and relocated to Temecula utilizing a 175,000 square foot building. U.S. Milk Nutrition Inc., a formula and nutritional drink manufacturer, recently closed escrow on a 108,927 square foot building and is expecting to expand here in Temecula. Glasswerks LA, Inc, an architectural glass fabrication company recently expanded to Temecula and purchased a 262,435 square foot building within city limits. We are proud of our businesses that make the decision to grow in Temecula and ultimately create jobs in our community. SRPNEF Announces Scholarship Program for Graduating Seniors PWR Presents: How to Win at Business without Losing your Mind Mary Cravets is a highly sought after presenter who makes everyone feel like she is speaking directly to them with her engaging, down-to-earth style. She delivers practical topics that provide participants with simple, actionable ideas, plus the clarity and motivation to put them into action right away. Mary is a Productivity Expert, Business Strategist and Speaker who works with ambitious entrepreneurs who are too busy to grow, and help them double their incomes and get their lives back. Her entrepreneurial journey includes successful careers in Real Estate, Direct Sales, Business to Business Networking Events and now Business Coaching. Recently a health crisis forced Mary to completely start over and revamp her business, and from the systems she created to weather the storm, she tripled her income while cutting her work hours in half. She teaches audiences and clients the same systems she credits for her current success. This meeting will be held on Thursday, March 3rd from 11:15 a.m. – 1:00 p.m. RSVP is a must. The cost to attend the luncheon meeting is $20.00 for members and $25.00 for guests. Registration begins at 11:15 a.m. at The Grill Room, 41687 Temeku Drive in Temecula (located at the Temeku Hills Golf Club). For more information visit our website www.pwronline.org. Or, for more information, please contact: Annette LaRocque at 951-300-6676. We are excited to announce the establishment of an environmental sciences scholarship program for graduating seniors. Founded in 2003, the Foundation has grown from funding a program for 3rd graders to our current nature education programs for elementary, middle and high school students. The scholarship program is a logical extension of our programs and the objective to inspire environmental stewardship in our young citizens. Funded by private donations, this inaugural program will offer at least three $1,000 scholarships to graduating seniors in Murrieta. The only criteria is that the student plans to pursue a field of study and career in the environmental sciences. While not a requirement, preference will be given to a student who has participated in one of the Foundation’s Habitat Studies and Restoration Programs at Vista Murrieta, Murrieta Mesa and Murrieta Valley High schools. Scholarships will be awarded at a public presentation on April 25th and administered by Murrieta Dollars for Scholars, a chapter of Scholarship America, and a nationally recognized non-profit dedicated to mobilizing support for students getting into and graduating from college.
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March 2016

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