I have a good friend, and fellow real estate professional, who is moving next month. Do you remember when a persons decision to move back home, or relocate to a new city, meant you would likely never hear from them again? Well all that has changed. I describe it as: Facebook Means Never Having To Say Goodbye. For all the weird pictures, strange games, and time zapping, it really is bizarre that we can keep track of the most intimate details of someones life for, well; for the rest of their life.
If you have a gift card, you may want to use it. Frankly, I believe they ought to be used the first day you recieve it. Why? An astonishing number of gift cards go unused every year. Actually, Home Depot reported revenue of over 37 million dollars from unused gift cards. And when gift cards are used, a majority of shoppers spend more than the value of the card. I bring this up, because I found a gift card that I didn't use, and am probably going to spend quite a bit more than the value. At least I'll only be half a statistic.
Is there a better month than October for a sports fan? Both college and professional football is going strong. The major league baseball playoffs, lead to the World Series. Hockey has started. And the NBA is beginning- well, maybe not this year. Actually, the distractions of those aforementioned sports allows the NBA to screw around for a while, as the fans aren't demanding a resolution yet. Either way, October is pretty strong for the sports world.
Yesterday, I realized Christmas is only two months away. It's weird when you live in a warm weather climate, to think of such things. It was close to 90 degrees, and will be again next week. When you see wrapping paper, and decorations for Christmas in a store, it's rather bizarre.
It's amazing how much money the television networks spend on a television show, only to can it a few weeks into the season. I believe ABC has already cancelled a third of their fall tv shows, two weeks into October. People forget that Seinfeld got lousy ratings for the first couple of years it was on the air. But NBC stuck with it, and it turned into a billion dollar endeavor. I guess Charlies Angels and The Playboy Club weren't headed for universal love.
Has the real estate market reached its bottom, or are we due for a double dip recession? Is it fair to say I think the economy will stagnate, but the real estate market has turned the corner? I don't think we'll see home sales spiking anytime soon, but it's my belief that a large part of the drop was fear, and I think the public (and banks) has recovered from that.