Market Overview

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Here is what is going on in our market. I was to show a home on Saturday. I tried to make an appt. on Friday, however the seller was to busy getting the house ready for the Open House and said no. I checked the status on Saturday before I was to meet my clients and the home was already pending, even though the agent stated they were looking at offers on Tuesday. This is the second time in 2 weeks. I complained to the agent and he said the seller was so overwhelmed with the amount of people calling, they accepted an over asking offer with no contingencies! Crazy market, sellers take advantage of it!

Just in time for Valentine day, how to Prune your Roses!

Here are some great tips!

I have always wanted to have beautiful roses, though I only have one rose bush.  When my friend cut it way back one winter I thought it was gone.  It came back healthier than ever! Maybe now I am ready to plant a few more.

Second Saturday Spotlight – Walnut Creek Library Review

Here are the highlights of the first Second Saturday Spotlight at the Walnut Creek Library.  If you missed it, join us for the next one at the Lesher Center for the Arts on February 9th for the “State of the City”  – here is the link…  http://www.walnut-creek.org/thingstodo/second_saturday_spotlight/default.asp

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The Librarian gave us a tour of the Lincoln Exhibit, it is the 150th anniversary of the Civil War.

People gathering for the tour on a very early Saturday morning before the Library even opened.

Second Saturday start

A welcome and overview by the Mayor Cindy SilvaIMG_0254

Attention to detail – a chair with our city logo.

Library Chair

Full Circle Organic Produce

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I received a Groupon to have organic produce delivered to my home.  Since my New Years Resolution is to eat more fruit and vegetables, I decided to give it a try and this was my first delivery.

Full Circle Produce

I was able to modify the selected delivery with other in season choices.  They even tell you where the produce comes from.  I ordered the seedling box for 1-2 people.  It was delivered on my door step Sunday night around 11 pm.  I am now cooking dishes, I would not have considered before – roasted beet salad with mandarins, sautéed Tuna with onions & spinach over butternut squash.  Yummm!!!

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Art in Walnut Creek – 12 Shades of Grey!

Can anyone tell me where this is located?

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This is Christian Moeller’s Shhh… Portrait i 12 Volumes of Gray 2010.  He used 3960 books with covers in 12 shades of gray.  Each book spine represents one pixel in the entire image.  The pixels are so large that the image looks distorted to the naked eye.  The picture becomes clearer if you see it through a camera lens or cell phone.

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Examples of the books used.  So apt to be located in the Walnut Creek Library, as I remember librarians shhhing me as a child.

Ideas for your Backyard

Fast, Faster, Fastest – 5 Signs the Market is Recovering

1. Both asking price and rents jumped 5 percent from last year

Trulia’s latest Price and Rent Monitorsshowed a big boost in asking prices across the U.S. – up 5.1 percent year-over-year. This a drastic change from the double digit declines of previous years.The relevant news isn’t just that home prices are climbing, but that renting is getting more expensive as well. The statistics showed rents are up 5.2 percent year-over-year.

2.  Mortgage rules got a renovation.

Thursday the Consumer Financial Protection Bureau released it’s new mortgage guidelines which are “a set of standards that protects consumers from bad loans” according to David Stevens, CEO of the Mortgage Bankers Association.  For a great summary of the new guidelines, check out CNN’s article “New Rules Aim to Make Mortgages Safer”.

 3. Delinquency & foreclosures are at record lows.

Declining delinquencies aren’t just fluffed headlines, the numbers support what it seems many agents are feeling.

Delinquencies are down. According to Trulia’s Chief Economist, Jed Kolko, “ In November, 10.63% of mortgages were delinquent or in foreclosure, down a hair from 10.64% in October. The combined delinquency + foreclosure rate is at its lowest level in four years and is 41% back to normal.”

 5. Investors rush in.

Another sign that we’re on the way to a high-paced recovery is that investors are making major moves to capitalize on today’s opportunity.

A recent story from Bloomberg covered how Blackstone Group, the largest U.S. private real estate owners, sped up it’s purchases of homes to try to beat out fast rising prices.  This is a sign for on the fence buyers to start their hunt before the weather heats up and they face more competition than they can handle.