I took our smart TV off the wall and got it up close to the doorway of our new office at the Omni La Costa Resort to advertise our real estate for sale, and already had two buyers walk in. I also included a brief clip of the Villas because the resort staff likes us...
Month: September 2019
40th Annual Wavecrest Woodie Meet
The largest wooden-bodied car show in the country is underway! Hat tip Nancy. This is it …… Wavecrest, the granddaddy of all woodie meets. At Moonlight Beach at the end of Encinitas Blvd in Encinitas, CA you will experience the longest running and largest gathering of...
Narratives
Thanks to Shaun for this conversation with Robert Shiller - click here for video & text: https://www.researchaffiliates.com/en_us/insights/conversations/narrative-economics-part-1.html
Compass Game
Robert is committed to building the end-all platform for real estate - more details on the AI feature haven't reached the west coast yet, but the game plan is clear. Hire the best agents, give them the money to spruce up the properties, and feature those new listings...
Credence Clearwater Revisited
I wanted to make a special mention about the charity gig at the Belly Up next Wednesday. The Museum of Making Music opened in Carlsbad in 2000, and is a fantastic non-profit enterprise that "explores the accomplishments and impact of the music products industry...
Who Will Give Them Away?
Hat tip to PC for sending in this doomy article about the future of real estate - an excerpt: At some point, housing prices become so expensive that no matter how low interest rates go, the average household simply can’t afford to buy. We may very well be at that...
Private Reverse Mortgages
Because the FHA reverse mortgages (HECM) have loan limits, are expensive, and got harder to obtain, the private reverse-mortgage market is growing. These can be used to buy a home too, and have no payments! Maybe the realtor disrupters will get into the...
Ric Ocasik, RIP
The Cars were the first new-wave band in my life, followed by the Pretenders. Both felt like the straight ahead rock and roll that we were used to, with a bit of a twist musically and visually. As I remember, the Cars didn't tour much in the beginning - at least not...
Rates Going Lower?
Hat tip to Matthew for a great piece on mortgage rates: Mortgage rates have risen rather abruptly from their long term lows 2 weeks ago and are now at the highest levels in more than a month. Fortunately, the average lender is still easily able to quote rates in the...
No Place Like Home?
Thinking about it, and actually moving are two different things, however. Around here, the annual turnover rate is 5% or less in most neighborhoods. Unless big changes are ahead?