My happiest thing to write about is the strong increase in February and early March rains! Normal rainfall? Not yet! Pray for more! Water management is a huge concern in our state and mother nature's cooperation is key! Bring it on!
A visit to Lake Tahoe this past weekend revealed plenty of snow; not an abundance, but plenty more than a few weeks earlier! Skiing was awesome; perfect conditions the day I hit the slopes; a bit warm the next day. Snow was melting off roofs, icicles were breaking and falling, the sun was doing its own tapdance on the snow! More is needed! Bring it on!
Daffodils are blooming! My scentillicious Daphnes are blooming! Don't you just love March?
And who does not love St Patrick's Day? I look forward to decorating the Pleasant Hill Community Center with other helpful Rotarians this Friday, March 13, for our annual Irish Night of Merriment: a dinner/auction fund raiser! Top 'O the Mornin' To Ye!
Usually we sing praises about fast sales in real estate at this time of year. Usually there are not enough listings for the number of buyers ready, willing and able to buy. Not this year! Truth be told in Pleasant Hill we do not have a lot of property listed for sale; only about 65 single family homes are listed and that amounts to 3 months inventory at the rate of 20 sales/month, an even market normally but two issues come in to play: buyers, like you and I, hear ALL the negative news, assume prices will fall further so stand on the sidelines looking for that low priced bank foreclosed property (and not many Pleasant Hill homes in nice areas ARE being foreclosed upon) and buyers are having problems getting loans from banks exercising caution far exceeding any used in the loosey goosey days of yore when you only had to write a "liar loan application" to qualify for a loan! Talk about backlash!
So, we all hang in there. Seeking better news. Seeking an indication our real estate market has bottomed out so buyers will buy with confidence, not fearing the house they buy will soon drop in value. We all hang in there, hoping our stock investments will bottom out and start going up. The best news I read is that when the market DOES hit bottom it usually goes up 40% very quickly, in a matter of months! Won't it be fun when that happens? Those are the thoughts I hold near to sustain me in bleak times; thoughts of happier days ahead! Soon! We hope!
1 comments:
Nice blog Norma! Very interesting to read about the state of the valley. feel free (in my regard) to post Kari's Irish dance link there...but up to Don for permission.'Erin Go Braugh, it was fun celebrating St. Patrick's day with ye.
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