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                  Peter White, Broker   •   Ted Adams, Agent

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BestReal Estate Mendocino Coast Blog

August 7, 2011

It's been a fair summer. Fair weather that is; fog lingering only of late, over the past two weeks or so. First huckleberries appearing ripene; punch-packing wild blacberries best served, consumed really, warm in the sun right off the bramble. Lots of happy hummingbirds.

More home sales lately, again, as the prices are dropping. Lotsa repo's, shortsales and distress a la mortgage contributing to lower prices and "affordable" purchases for cash or loan-qualified buyers. Multiple bids on the really well-priced or seller motivated sales.

Nature's bounty really shows up here this time of year. Great berries, fruit, vegetables, vine crops. Cucumbers have been really good recently. Support your local famers and farmer's markets. Nothing likethe taste of today-fresh produce.

Wishes for your durable happines, contentment, and peace of mind. Equanimity, yes!

March 2, 2011

So. Have done some thinking about any number of real estate related things (everything's connected?) and you're thinking, well it's about time ain't it. Go to work already.

The bubble has WAY WAY WAY popped here, despite what some (now increasingly wishful) sellers think. For example, a home that was recently forclosed on and then came back on the market for sale by the bank at $329,500 had sold for $750,000 in June of 2005 at practically the height of the market. Had pulse, got loan. Bought today, sold tomorrow and made beaucoup bucks. Man, it was fat for not only myself but plenty of other agents, buyers, sellers, mortgage brokers, title companies and so on. Now it seems it's only the bankers that are making bank. Did you get your Bailout check? Someone expressed to me that the Bailout moneys could have paid off EVERY mortgage in the U.S. but no, the money went to the banks... True? Good question. Coincidentally, the local real estate broker that's way in with the banks has sold TONS of local properties here over the past year and a half, nearly ALL FORECLOSURES. Crime? Sad? Good? Bad? How could it be fun to lose your home, especially if you only own(ed) one...?

Buyers are all looking for distress sales, it seems, or those properties that seem below market or you just can't lose on, if you have either the credit or cash to make a buy. Have had a couple of deliberate buyers hesitate slightly and then see the subject property get away as the price of the distress sale brought in other very motivated and apparently more aggressive buyers. No time like the present. It's a great time to buy.

Enjoy life. Take a few deep breaths, look around. Now is good. Are you where you want to be? This is it, every precious minute. Often I think I've got time, and it just ain't so. I know I have plenty of room for improvement and lord knows I'd love to put it off and I'm thinkin'...

"What happens if I die before I get all this stuff together, sorted out, given away, taken to the recycling center, dump, goodwill and so on. Did I love well? Did I love at all? Have I really lived? Will my loved ones find happiness? Closing thoughts?....."

Love and happiness. For today.


Please Return (to your real, not virtual) Life Soon
!





© Best Real Estate Services: Mendocino Coast Real Estate

707-YES-BEST (707-937-2378)
EMAIL:best@mcn.org * P.O. Box 699 Albion California 95410

Coastal Mendocino Property Listings For Sale
Home | Buyer's Guide | Seller's Guide | Property Guide | Property Development | Local Demographics
Our Blog | Places to Be | Sitemap | Links | Contact Us

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