Sky gazers are scrambling to find a spot where they can see the shadow of the moon completely obscure the sun for a few moments on August 21st.
Obviously, I wouldn’t expect you to actually make travel plans this late (you wouldn’t be able to anyway…any city in the path of totality during the eclipse has been fully booked for months!). See what the eclipse will look like in Walnut Creek (or anywhere else) with the peak at 10:15 am Monday.
The eclipse path will stretch from Salem, Oregon to Charleston, South Carolina. I know many people who have already left for Oregon to snag first come, first serve campsites. Ironically, Sun Valley, Idaho is in the path for a total eclipse and it is one my favorite spots to ski, not to mention it’s beauty for hiking in the summer. Already a popular tourist hotspot, Sun Valley will be overrun with thousands of tourists hoping to catch a clear glimpse (with eclipse glasses on, of course) of the rare spectacle.
Everybody is getting on the solar eclipse band wagon! In Hopkinsville, KY just two miles from the point of greatest totality, Casey Jones Distillery (makers of Eclipse Moonshine!) have dubbed their spirit the official drink of 2017 Solar Eclipse.
Those who have seen eclipses in the past described them as “magical” and “spiritual.” It will be the first time in 38 years that a solar eclipse passes through the entirety of the continental United States, so it’s an event worth traveling for, but if you are like me – not making special plans and at work – don’t forget to take a few minutes to step outside to marvel at this wondrous celestial event. Don’t forget to wear eclipse glasses!
This past Sunday, tons of people showed up at Joaquin Miller Park in Oakland to voluntarily run. For fun. At 7:00 a.m. on a weekend.
I don’t know why, but running for fun seems to be a thing here in the Bay Area. Give me an hour walking my dog or a light jog for exercise purposes all day, but full-on running for enjoyment? Yikes.
Anyway, as someone who passes along lifestyle options in the East Bay, I feel obligated to stop joking around and share this awfully cool organization with you! It’s called Coastal Trail Runs, and they just hosted the aforementioned Cinderella Run in Oakland.
There was a marathon, half-marathon, kids run, 5-mile run, and more. On Sunday, August 27th, they will be hosting another one on Mt. Diablo. This will consist of similar distances, and like most of the Coastal Trail Runs events, will get each runner a t-shirt and medal, and award the fastest finishers in each gender and age group separately.
The Coastal Trail Runs group’s mission is to share trail running around the coast of California, and many of their events take place in the Bay Area. Though unaffiliated, their organization also brings to mind The Dipsea Run in Mill Valley that traverses the popular hiking trail to Stinson Beach.
Coastal Trail Runs organized more than 400 races in the past 16 years, and according to their website, about 25 percent of runners in a given race are first-timers. And they do have options for flatter, slower runs called “Zoom” and “Zombie.”
Almost makes me want to give running for fun a shot! Almost…
Our friend Jay Vorhees at JVM Lending came up with another relatable blog recently: Tax Transcripts and 4506-T forms. It generally explains how those forms work, and reminded me of an experience of my own. First, a summary of Jay’s blog:
Every time a lender gets a loan from a borrower, they also have to get the last two years of tax returns. This is why borrowers sign IRS Form 4506-T as part of their disclosures. It formally authorizes lenders to request tax transcripts, which then show the filer’s status and income information.
Lenders are required to request transcripts from the IRS before a borrower can (borrowers can only request them directly if the IRS reject’s a lender’s request). If there is a minor error between the 4506-T and the tax return, this rejection may occur, so it happens pretty often.
That covers the basics of how the 4506-T form works and the role it plays in a real estate transaction. It’s a more subtle part of the process, but can cause huge headaches when done incorrectly. Take, for example, my experience with a property at Madeira in Pleasant Hill last year.
I represented the seller, and the buyer had their lender in Oakland, with a Bank out of L.A. Unbeknownst to us, the bank was being bought out and the new bank was called Bank of Hope – yes, really. But it turned out to be the Bank of Hopelessness.
Processes changed, the lender in Oakland was let go and nobody knew what they were doing. Communication was terrible. One of the balls that got dropped was getting the tax returns. We closed almost two weeks late and the only way this ended up closing at all is by the processor who I had been speaking with regarding other issues. They actually went down to the IRS office and got the tax returns. She went beyond what is required (and probably got tired of our phone calls), but my seller is an attorney and also made multiple phone calls as they had already purchased a new home that was about to close.
This is one of the best reasons to get fully underwritten before you start to write offers. If all the documentation is in upfront, there won’t be any surprises or delays once you get into contract. Selecting the right lender can be the difference between smooth sailing and dark nightmares.
This is one of the more “flowery” utility boxes in downtown Walnut Creek. Most of them have cool, unique designs but you really have to look at them to get the picture. This piece by Casey Rasmussen White, entitled “Secret Garden,” is one you can just enjoy.
On the corner of N. Broadway and Mt. Diablo, this beautiful piece really catches your eye. It is simple and colorful.
If the name of the artist sounds familiar, it’s because I’ve featured another great piece by her on a separate utility box in downtown Walnut Creek. That one is called Sea Queen and is on a different corner of the same street.
I am always amazed at how much art there is to look at in downtown Walnut Creek if you just take a moment to observe.
If you’re looking for a good activity to get out of the house this evening, I have good news for you. The Broadway Plaza summer concert series is back in downtown Walnut Creek!
Tonight, from 6:30-8:30 p.m., marks the first in a series of shows played at Event Plaza. If you like what you hear and see, you can go again on any Thursday in August.
First up tonight is SuperHuey, followed by The Purple Ones on August 10th, and Fleetwood Mask (that’s “Mask,” before you get too excited…) on August 17th. Festivities include the music, vendors, shopping, and more.
It’s a perfect family outing for people of all ages. Bring a blanket or chair and a few dollars for a glass of wine, and enjoy the summer air with your fellow East Bay music lovers!’s
Note: with the new development, the events plaza is in front of Macy’s and I find the area not that welcoming to large crowds. it gets really tight with limited seating, so many people are just standing around. If you are there to shop, you will find yourself in tight quarters and a swarm of people. Personally I miss the old parking lot space.
I recently closed a home for my client, Mckenzie. She currently lives in the city and will be moving to Clayton. Thus, we met at the Legion of Honor to see the Monet exhibit, celebrate her closing and give her the house key, as seen below.
The tenant doesn’t leave for another six weeks so this was a great way to celebrate and she was very happy to have closed! The process became a bit stressful as the family wanted to use their local bank in the valley, and the parents were co-signing. However, this bank was primarily an AG bank and did not close on very many condos.
Buyers rarely understand at the onset what a difference a great lender can make and the lasting experience everyone involved will have. If it is a great experience, the impression is minimal, but when it is not so great, it can become one of your worst nightmares. This ultimately ended well because of the family’s relationship with the local bank, yet, we still needed an eight-day loan contingency extension (but only closed four days late).
If you want to be the next client who buys or sells a property with me, I will help you navigate the process to a successful close! Just reach out at www.kristinlanham.com or call me direct at (925) 899-7123.
Yo. If you’ve ever hung out at the beach in Capitola, you’ve probably jumped in the long line for a slice of $4 pizza from Pizza My Heart.
If you’re a true customer and not just a lowly shoobie, you’ve probably even paid $7 for the pizza/t-shirt combo! Well, now those killer beach vibes have landed in Walnut Creek. On the corner of Broadway Plaza on S. California Blvd., the moment has finally come.
Even if you’ve never been to the famous location in Capitola, I’d highly recommend riding the swell into this downtown Walnut Creek shop and chompin’ down on a delicious slice and salad. Don’t miss the Maverick’s Pizza, named for the local big-wave surf competition.
Personally, I was super amped to hit it up. And when I ate it (literally, not in the “crashing” sense), I almost caught myself yelling “cowabunga!” There’s no way you can leave this place without throwing down a sick hang loose sign.
If you’ve been to Burning Man, you know a little something about today’s Road Trips post. I recently visited Surprise Vally with a friend, which literally sits on the California/Nevada border by Cedarville – an hour and a half drive from the Black Rock Desert.
Our mission was to pick up a piece of artwork from an artist who lives out there (and to stay at a friend of a friend’s who owns Bare Ranch, where we had a BBQ with a group of friends who were also in the area).
The area is simply stunning. A mix of high desert, mountains and ranch land. If you get the chance to road trip up there, whether for the Festival or not, I’d highly recommend it. The drive is east of Reno on I-80; you turn off at Nixon, which is an Indian Reservation, after passing the turn-off for the new Tesla Battery Factory.
You first have to go through Gerlach, and those who know Burning Man will recognize this as the turn-off, as well as a place to get gas and something to eat. Bruno is a bit of legend who passed this year at the ripe age of 94. He had the oldest ongoing gambling license in the state. There was no gambling at the time I was there because it was in the process of being transferred, but Bruno’s is also known for their ravioli, which we did order!
After Gerlach, there is Pottery X, where a group of people live, make pottery, paint and sell those items to the public. It’s worth a stop – I picked up a birthday gift for a friend. Finally, there are natural hot springs, so if you are looking for a real getaway, you can book a hotel and indulge in the hot springs after a long day’s hike.
According to an Inman.com article, Kevin Thorpe (Global Chief Economist at Cushman & Wakefield) says we are going to have a very long economic expansion.
At the National Association of Real Estate Editors conference, Thorpe said, “The U.S. will not be going into recessions anytime soon. Recessions don’t just happen. First, we need to see imbalances somewhere in the economy — too much credit, too much exuberance in any particular sector.”
A frequent speaker in the local real estate arena, Carol Rodini and some Bay Area economists agree that some changes Donald Trump’s Republican cabinet will make – redoing the tax code, trying to replace Obamacare, etc. – will be good for the economy.
Carol recently noted the top 10 tech companies in Silicon Valley are sitting on about $3 trillion in cash between their domestic and foreign accounts. Those companies grew about 7 percent last year and they believe that will continue this year.
So, if and when we end up in a recession, she believes it will be about a 4 percent dip. The Bay Area, because of Silicon Valley, will not feel it like the rest of the nation. For those buyers who are hoping for a dip so housing will be more affordable, you might want to buy now, before interest rates go up. For sellers: now and the near future is a good time to list!