New Marketing Information!

This is the Bottom - Buy NOW!

Don't take our word for it, it is becoming plainly obvious that we are in the midst of a perfect real estate opportunity storm. The lowest mortgage rates in 3 decades, the lowest home prices in a decade. Read the good news.

New Jobs Are Up On The Roof

Solar installation services is a quietly growing sector with some companies in California reporting a 40% increase in growth for 2008. Not bad for a segment of the troubled housing industry that needs a bright light to shine our way out of this mess. Read the article in NYTimes.com.

Investors Dive Into GOLD

Click here for the video.

President of the Midas Funds, Tom Winmill, explains to Dow Jones' Simon Constable why retail investment demand for gold bullion more than doubled during the third quarter. There is a flight to safety that will continue as long as there is uncertainty in the market.

How Well Do You Know Your Market?

Just for fun, this short video highlights the all-too-often disconnect between us, and our market (our clients and prospects).

3 Postive Trends To Watch

The tide of negative housing news is ebbing. Below are 3 statistics that reveal positive growth in the housing industry.

1. USA Today is reporting that the annual rate of new home sales in September rose 2.7% from August numbers. Click here.

2. Pending Homes Sales index has surged recently, up 7.4%.  It is 8.8% higher than it was in August, 2007.   Click here.

3. Existing Homes Sales increased (5.5 %) last month as buyers responded to improved housing affordability conditions.  Click here.

Foreclosure Tough On Family Pets

 Foreclosure is difficult enough on a family, but it can be even tougher on the family pets. A local Realtor has written thoughtfully about the forgotten victims of foreclosure. Click here.

Good News - Fed Rate Cut, Cash Infusions, Gas Down

 Signs that the lending market is returning to normal is good news for the lending market here in the US. The LIBOR dropped again yesterday for the 14th consecutive day, the International Monetary Fund announced it was doubling the lending activity to emerging countries, and the Fed cut the target rate by a half percentage point to 1%, all good news. Read more of the good news here.

Existing Home Sales On the Rise

This is important and very welcome news. Click here to read the details.

Not just because it stands in the face of the tsunami of rotten news about the real estate market, but because a housing upturn offers hope that the foundation of the entire economy might be returning into a positive direction.

I'm Wearing Big Shades These days

For two reasons I am wearing sunglasses these days. The big black Jackie-O  shades.

They cover one black eye from the housing market, and the other from the stock market crash as my 401(k) is now a 201(k). Ironically, the guy with his hand on the tiller can't explain what hit us.

"I made a mistake in presuming that the self interest of organizations, specifically banks and others, was such that they were best capable of protecting their own shareholders and the equity in the firms," Greenspan said.

Oops.

On the other hand (I sound like an economist Harry Truman would have hated, which I am not), the sunglasses are shading the bright long-term real estate horizon here in San Diego. Yes, I am a  pragmatic optimist. Read the experts carefully and you will see the 'buy low and sell high' sign is telling us, "we are at or nearing the bottom so buy now."

Track Events That Create The Financial Crisis

The following Dipity timeline has been tracking current events leading up to the financial crisis. It details a lot of articles following bank lending and deregulation as far back as the Federal Reserve Act of 1913.