Tag Archives: economy

Market Update: The Conejo Valley and Beyond

Wow, where to start.  As is with communities across our great land, when a large employer announces substantive changes to the number of people they are going to employ in that area, every aspect of the local economy is affected.  … Continue reading

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Market Forces At Work

It’s a funny thing this economy of ours; this system of capitalism where the free market drives the movement, prices and value of goods and services.  With real estate, too many homes means prices drop; not enough, prices rise.  The … Continue reading

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The Latest From Case-Shiller And Thoughts On The Economy

The latest Case-Shiller Home Indices came out yesterday and there were few surprises.  Price appreciation declined in almost every market, a fact that suggests that home values are stabilizing.  This should come as no surprise since for most markets the first … Continue reading

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Home From Vacation And Preparing For 2014

Having just returned to sunny Southern California after a week of much needed R and R in the frozen tundra of the Northeast, New York to be specific, I find myself in need of a refresher course to get ready … Continue reading

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The Emperor Has No Clothes; Or Why Aren’t The Pundits Looking At Inventory?

I know, I know, I’m pounding the inventory drum to death.  I guess I just can’t help it; it’s just so painfully obvious.  Do you remember the Hans Christian Andersen story of the emperor who is persuaded by a swindler … Continue reading

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A Looking Local: Assessing Inventory For The Conejo Valley

I’m not usually quite so local in my blog.  That is, I base my thoughts and opinions on what I am seeing locally but since The Real Estate Conversation is now being read from Spain to Australia, Back East to … Continue reading

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Let’s Get Something Straight

I heard some guy, some housing analyst on CNBC yesterday, tell viewers that homes were more affordable in 2003 than they are today due to the fact that people had better access to adjustable mortgages and interest only financing.  He … Continue reading

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Tom Foolery, Pogo And A Market Update

Yes, you read the headline correctly, Tom Foolery.  I really don’t know how else to describe what just transpired in Washington.  I read an LA Times article that said, “We have met the enemy and he is us;” a reference … Continue reading

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Confidence, Real Estate And Our Way Of Life

The real estate market is changing again.  Of course it’s never static.  Even when it was in free fall, it was moving, just in the wrong direction.  After what has been an unprecedented run since the first of the year … Continue reading

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The Good Old Days

Last night I put on the original Great Gatsby with Robert Redford.  It’s not a particularly good movie really.  I guess it’s just a story that doesn’t translate from the page to the screen.  What struck me however, was this … Continue reading

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