Category — Heard On The Block

UNEMLOYMENT is so high in real terms it is unlikely California will recover by 2012, or in the foreseeable future.  Via Pacific Research CalWatchDog.

Nothing new here folks.  Everything in CA is okay…  move along.

AustinBusinessNews reports downtown expected to boom.  Jobs available in comparative government economics.

Related: Top Ten Metros Creating and Sustain Jobs from the Milken Institute. Austin, Fort Hood, Salt Lake City, McAllen (TX), Houston, Durham, Olympia, Huntsville, Lafayette (TX) and Raleigh.  Silicon Valley Whoopadaisy.

CA STATE SENATE just passed a bill to impose sales taxes on Californians purchasing on Amazon.  Assembly is to follow.

More anti-tech, anti-job, and pro get out of CA actions from CA government.

The Failed State state of denial.   Austin, TX anyone?

THE S&P/CASE-SHILLER home price index for July moved up including San Francisco.

3 Oceans has the story, and a roundup of mortgage market news, including interest rates going up next month.

The upward move in home prices in July is very temporary.  Lower inventory spawned the price increase and seasonal buying.  But lenders are holding thousands of REOs off the market, the Shadow Inventory.

Housing Needs Stabilization

BLOODHOUND BLOG has a thought for the day: government as a necessary evil.

For the first time I’m seeing political posts on real estate blogs.

This is a good thing.  I haven’t seen real estate blog post in favor of the current Administration.

BLOODHOUND BLOG post from Chris: Self Correcting Loop on how to achieve the highest quality profitable service.

The X generation way to quality service.  Everyone in the real estate trade would do well to understand the Self Correcting Loop and Systems.

Boomers, you’re cooked if you don’t understand the Bloodhound’s post.