Mike's Blog - Archives May, 2008

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Coming Out of the Gloom Closet: Housing Affordability Best in Four Years!!* - 05/28/08 02:19 PM

Some brave financial analysts are coming out of the gloom closet. The chief economist for the Cleveland-based bank National City Corp (NCC, Fortune 500), Richard DeKaser, said that "housing valuations are almost back to long-term norms." 'Valuation' is defined as the difference between what a home should cost and its actual … (1 comments)

San Diego County April Sales Highest in Eight Months! - 05/19/08 09:54 PM

Really? What happened? While we were all reading and listening to the bad news, someone has been buying homes! Dataquick reported that Southern California homes sales in April are at the highest levels since August of 2007. The bulk of the sales have mainly been in homes under $500,000 as those … (10 comments)

San Diegans: CONSIDER YOURSELF WARNED! - 05/14/08 09:30 PM

Who Knew? Getting the FLU in the Merry Month of May!? I certainly didn't expect this. I was completely blindsided with it this morning. Not that anyone is ever really ready to get the flu, but some inkling that it's going around town would have been nice. I would have washed … (2 comments)

Green, Green Grass of Home - 05/13/08 09:35 PM

Day 27
Don't you just love sod? WOW. Instant (well, not for the guys laying it!) beauty!

The inside is still lagging. I remember when we were building our home, the framing went up slam bam and you thought, "We're almost done!" Then the interior, the finishing touches, began. … (7 comments)

Happy Days ARE Here Again! - 05/11/08 02:56 PM

Bloomberg.com posted the news that Consumer Confidence fell to a 5-year low and home prices as measured by the S&P/C-S Index experienced their greatest decline since at least 2001. San Diego experienced a year-over-year decline of 19.2% Will they drop further? Some say yes; some say maybe; some say no.
So, … (0 comments)

Have Patience! Please! - 05/10/08 04:54 PM

Mike came home the other evening all discouraged from the flip. He said he feels we're aren't making headway as fast as we should be. Well, he has ALWAYS hated to paint. And he has always hated to paint TRIM especially! And guess what is left to paint? Yup. Doors … (11 comments)

Gotta Go Granite - 05/07/08 05:24 PM

Day 21
Yup. Picked it out today down at Florentine Countertops off Moreno Blvd in San Diego. The color is cool - most granite is. It has a black background with flecks of brown and green. Nature is amazing, isn't it? The black will pull in the black-framed garden window, the green … (4 comments)

Granite or Quartz? - 05/06/08 11:42 PM

Day 20
Time to choose kitchen countertops. Granite seems the obvious choice. I kind of like quartz. It looks as good as granite and, according to the salesman, is easier to care for. Since granite is so common anymore, especially here in San Diego, I think "quartz counters" might give our listing an edge … (12 comments)

GOING GREEN! - 05/01/08 10:55 PM

DAY 15
Finally got some photos uploaded of the exterior paint. I'm so disappointed. The photos really don't show how GOOD it looks! The change is subtle, I admit. Guess we didn't want the house to stand out like a sore thumb anyway. But the shade is very nice, and once the … (7 comments)

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