December 19, 2008

Burbed downtime tonight…

Just as a heads up, there may be some downtime tonight as I try to figure out the root cause of this week’s instability. My apologies in advance.

Comments Off on Burbed downtime tonight… Posted by: burbed @ 6:43 pm

December 17, 2008

More server woes…

My apologies for the continued woes… investigating.

Comments Off on More server woes… Posted by: burbed @ 11:39 am

Reposo Way, Belmont – a more reasonable property and price

Reposo Way, Belmont, CA 94002 Haskins Estates MLS# 80746302 – Property Details

* Status: Active
* Bedroom: 3
* Bathroom: 2
* Year Built: N/A
* Lot Size: 5500
* Square Footage: 1600
* List Date: 8/17/2007
* Garage Spaces: 2
* MLS#: 80746302

Charming California rancher nestled in the Belomont hills. Remodeled bathrooms and kitchen brings home to life. A new 200 sun room brings entertaining to a whole new level. The home is perfect for friends and family. Best value in Belmont. Call today to schedule your viewing.

There we go. After yesterday’s brief scare, I was fortunately able to find a more reasonably priced house in Belmont. PHEW.

But wait… there’s more!

1- I love the idea of a 200+ sun room. But… uh… wouldn’t 200 degrees be kind of warm?

2- I love the name Reposo. It sure sounds like another words… I just can’t put my finger on it.

Comments (15) -- Posted by: burbed @ 5:07 am

Apologies for the downtime…

Over the weekend, I upgraded this site to the latest version of WordPress, and since then the CPU and memory usage has been surging all over the place.

I’m continuing to investigate. Sorry for the wackiness.

Comments Off on Apologies for the downtime… Posted by: burbed @ 12:08 am

December 14, 2008

A Visual Guide to the Financial Crisis

For those who haven’t seen this yet:

Not 100% accurate – some sections are extraordinarily weak – but a good appetizer nonetheless.

Comments (102) -- Posted by: burbed @ 5:49 am

December 7, 2008

Houses are selling like crazy in Mountain View

Mountain View Voice Mountain View Voice: Home sales buck downward trend (November 28, 2008)
Home sales buck downward trend
Larger market turmoil fails to deter real estate buyers in Mountain View

by Daniel DeBolt

Stanford Terrace Inn
While the median price of a home has decreased in Mountain View over the last year, the number of home sales has gone up.

In October of last year there were 48 home sales. This October there were 53, four of which were foreclosures.

Strangely, the sales are happening in a very shaky market, says broker Nick French.

“Talk about uncertainty,” French said. “There’s job market uncertainty, economic uncertainty, stock market uncertainty.”

But it’s times like these that are the best time to buy, he says, when fewer people are looking. He added that he’s been buying up property himself. Others apparently have been, too.

French likes to quote the character Ricky Roma in the movie “Glengarry Glen Ross”: “I subscribe to the law of contrary public opinion. … If everyone thinks one thing, then I say, bet the other way.”

The public’s opinion may be reflected in Mountain View’s median home prices for October: $971,858 for single family homes and $646,803 for condos, compared to $1,037,654 for single family homes and $561,604 for condos during the same month last year.

If now isn’t an awesome time to buy in Mountain View, I don’t know what is. Real Bay Area at its best!

Check this out:

Historically, Mountain View housing prices don’t go down very much in a down market, French says. Many buyers have been able to justify the investment.

At the corner of Calderon and Dana streets, the new “Wild Orchid” development is evidence the housing market is still alive and kicking. After going on sale in May, 30 of the 39 town homes sold for over $900,000. Sales didn’t even slow in October.

It’s clear, the bottom has been reached in Mountain View. At this point, prices are set to soar in 2009. Buy now, and sit tight for the ride. Just think, in 40 years, you can post a comment just like this guy did:

Posted by Mr. Bernier, a resident of the Cuesta Park neighborhood, on Nov 27, 2008 at 7:37 pm

Every MV resident that has owned real estate in MV for over 20 years should be tax exempt from property taxes. I think this would be a nice little bonus for those of us that were here first.

Be a founder today! Buy buy buy!

Comments (173) -- Posted by: burbed @ 5:46 am

November 30, 2008

California Layoff Tracker Database Notice

California Layoff Notices
This is a database of layoff notices filed with the state Employment Development Department under the California Worker Adjustment and Retraining Notification Act. The WARN Act requires certain employers to give affected employees at least 60 days advance written notice of any plant closing or mass layoff. (Note: The state updates the WARN list once a month. The data below is based on information provided on Nov. 10, 2008.)

To wrap up Thanksgiving weekend, be thankful that your company is not listed on this site.

Or is it?

Comments (103) -- Posted by: burbed @ 5:58 am

November 29, 2008

At least we’re Top 10….

S.D. home prices fall but sales are brisk
While nearly 39 percent of San Diego homes sold were affordable in the third quarter, the New York City area was deemed the least affordable with only 10.6 percent of homes sold at a median $500,000 and within reach of the median-income household earning $63,000.

Four of the least-affordable markets were in California: San Luis Obispo, 13.4 percent; San Francisco, 16.6 percent; Los Angeles, 20.7 percent; and Napa, 23.2 percent.

To be clear, these are definitely tough times. With house prices not going up as fast anymore, there’s definitely some gloom. It saddens me that we still can’t beat New York City in unaffordability, but we sure beat them in median incomeĀ  (wtf, $63k? cafeteria chefs make more than that here!)! And, it should hearten some that we are at least in the Top 10 for being unaffordable.

Mixed signs for sure.

Comments (3) -- Posted by: burbed @ 5:11 am

November 27, 2008

Happy Thanksgiving everyone!

Usually I publish the annual Thanksgiving price comparison – which shows that groceries in the Bay Area are dramatically more expensive than they are in our competitors of Seattle and Washington DC (also known as the “The other places where there are Safeways”). You can see last year’s edition here.

Unfortunately, this year I waited too long, and as a result, Safeway started having crazy sales which made direct comparisons impossible. Whoops. My bad on that.

So, instead, this year I will list what I am thankful for, and I hope you share as well:

  1. That I have this site.
  2. That the Bay Area is still incredibly special.
  3. That the comments on this site are still pretty darn good (compared to… say… youtube comments!)
  4. That people keep reading this site.
  5. All the fine people who have donated to the site. Most recently – a $50 contribution from madhaus! Thanks a lot! (You too can contribute!)

Of course, there’s plenty more I’m thankful for, but I’ll leave it short and sweet for today.

What are you thankful for?

Comments (13) -- Posted by: burbed @ 5:30 am

November 24, 2008

“NorCal median home price plummets 41 percent”

NorCal median home price plummets 41 percent
A real estate tracking firm says the median home price plunged 41 percent last month in a nine-county region around San Francisco Bay, as homebuyers snapped up homes that had been foreclosed and otherwise discounted.

Figures released Thursday by MDA DataQuick show the median sale price in the region declined to $375,000 October, compared to $631,000 in the year-ago period.

October’s median was down 6.3 percent from September and nearly 44 percent below the peak median of $665,000 in the summer of 2007.

Last month’s home sales climbed nearly 39 percent from a year ago to 7,613 and nearly 5 percent from September.

Foreclosure resales accounted for nearly 45 percent of preowned homes sold last month.

Bay Area H8ters will probably celebrating this news and throwing it in our face. But let’s be clear, this refers to the 9-county region in Northern California. I can’t even name all 9 – can you?

Come on folks, please write letters to the editor explaining to them the concept fo the Real Bay Area. It’s all about (most of) Santa Clara, (some of) San Mateo, and San Francisco county.

Comments (11) -- Posted by: burbed @ 5:13 am