Month: July 2015
Seniors Renting
From Bloomberg: http://www.bloomberg.com/news/articles/2015-07-21/boomers-competing-with-millennials-for-u-s-urban-rental-housing Mike Abelson calls it his “man cave.” After his wife passed away, the 65-year-old sold his house and began renting a 1,400-square foot...
Qualcomm Layoffs and Real Estate
http://www.nytimes.com/2015/07/23/technology/qualcomm-earnings-q3.html The Qualcomm press release today: http://247wallst.com/technology-3/2015/07/22/qualcomm-to-fire-15-of-staff-after-cutting-outlook-adding-directors/ An excerpt: The company expects to fire about 15%...
Jackson Browne
Love to hear the story behind the song: Happy 68th Birthday to Don Henley! His ode to forgiveness:
SD County Sales
Lots of happy talk today about the highest sales pace in eight years, and the highest U. S. median price of all-time. Somehow they left out the credit-is-too-tight mantra this week?...
Carmel
Did this guy just fall off the turnip truck? $11,500,000 opening bid: Tres Paraguas — from Concierge Auctions
Slopes
Two different slopes at two different homes:
Portal Power
A story about realtor.com giving Z a run for their money. Not mentioned is the fickle nature of realtors - known for jumping around to the latest fad. Murdoch should do realtors a favor and buy Zillow: http://www.housingwire.com/articles/34530-is-zillow-in-trouble...
California Sales and Prices, June 2015
Janet Yellen is still saying that tight credit is hampering home sales, but it doesn't appear to be stopping buyers throughout the state of California. Sales over the last three months were higher than in 2014, and prices are still rising too. If there were more...
Inventory Watch
The actives:pendings ratio looked more normal this past week. After the previous week's shocking 126:58, we came back to earth with a 93:62 ratio for the last seven days. Last summer we were hitting an average ratio around 1.5:1, and this summer has been about the...
