My friend, Kim, has this picture framed in her kitchen. It is a gentle reminder of how special and fleeting every day is.
The title for this post may be an understatement. I’ve been seeing more interest in the last several months, and it’s not all in the press for distressed properties. Sellers are feeling better about things (finally), and more buyers seem to have an interest in owning the properties they seek, not just in the art of the deal.
According to a New York Times story, housing activity is the high tide that’s raising a number of boats. The Case Shiller home price index shows its highest gains in seven years. The result? “Housing prices rose in every one of the 20 cities tracked, continuing a trend that began three months ago. Similar strength has appeared in new and existing home sales and in building permits, as rising home prices are encouraging construction firms to accelerate building and hiring.”
I recommend you take a look at the article. It represents good news here, for sure. It may be too early to do cartwheels on the beach, but a picnic might be nice.
April 15th, 2013. What can I say other that I am glad it is behind us? It has been said that there are two sure things in this world – Death and Taxes. There has just got to be a better, simpler way to handle taxes. I don’t know what the answer is, but I am hopeful that there will be reform and relief in my lifetime. Plenty of time! I AM still a spring chicken!
Progress on the Isle of Palms is apparent in the ongoing demolition of the old Red & White Grocery Store. I watched with great sadness yesterday and today as the heavy equipment tore into the building, great big jaws of metal tearing the building apart. Granted, it was dated, old and tired, and there will soon be a sparkling new building in its place. But having lived here all my life and reflecting back, I found it hard to watch. When I was growing up here, that Shopping Center was it, home to the Post Office, hardware store, Belle Turner’s hair salon and the Red and White Grocery. R.I.P.
I came across a provocative article in Bloomberg BusinessWeek over the weekend, and, frankly, it struck at a question I’ve been wondering about myself. The internet has changed so many industries–the iTunes Store and music; Expedia and travel agents–what about real estate?
There have been a number of web players entering the space, from Trulia and Zillow to Redfin, all with slightly different models and a range of success and failure. Here are two things I highlighted in my reading:
• 90% of consumers now begin searching for real estate on the web, but
• The average commission rate to agents has actually gone up since 2008, from 5.0% to 5.4% in 2011
How has this industry defied what many might say is inevitable? Knowledge and service. It’s a major, major purchase, and lots can go wrong. No one, even the savvy and well-heeled, wants to make a mistake when so many commas are in the price.
The web is playing a role, but it’s largely shopping vs. buying.
I’ve been one of “those people”: one of those people who adopted a cause and followed a dream and later, maybe, regretted my decision, even just a little. I watched this long TV spot and laughed and, finally, said: “I’ve been one of ‘those people’…”
I’m repeating a post that Mark put up on Burrisland. Everyone who knew Terry Florence is having a sad day today.
I just received a text that longtime friend Terry Florence has passed away after a long illness. I mean long. But he kept hanging around. Hanging around. He didn’t beat it, but he sure took cancer into extra innings.
There have been a number of nice things written about him over the years, but this piece in a local golf publication may be the most thorough.
“If a Boeing 747 ever runs out of fuel above my house, the pilot will be able to make an emergency landing on my neighbor’s deck, which is big enough to handle the late-afternoon traffic at New York’s LaGuardia airport.”
So begins a marvelous column by David Owen in what was HOME Magazine (July/August 1992) (RIP). Today’s a teaser of a day for February: the sun is out, the temperature is moderate and high winds and cooler weather won’t be here ’til late afternoon, says The Weather Channel.
Our own deck isn’t all that large, though it will hold my chair and reading table just fine, thank you. And the path to our dock, though long (865 ft.), isn’t wide enough for even a glider. So I suppose we may not be bothered by any planes – or friends – landing here just now.