Mike’s Real Estate Show

Today on the show is a mixed bag. We’ll be talking home pricing (what else is everyone talking about!!). Plus my “Tales from the Trenches”–it’s getting to be a war out there! But here is a link to a study by the OFHEO which you must read! The Study is by the Office of Federal Housing Enterprise Oversight (Whew! Say that fast 7 times!). I’ve quoted this web site many times in the past on the radio show. It is a portend of things to come. These are the folks who had the landmark study stating that many “Boom” markets don’t bust at all but go on long “flat” runs and then eventually take off again. But go to Lou Barnes column today and read his “take” on this data. It is eye-opening. I’ll touch on it and give you my “local” take on the show.

Also on the show will be Allison Norman a Keller Williams Realty Realtor who works nationally with many investors. She’ll give us her take on the National RE market and why her clients are looking elsewhere. Her contact information is: allisonnorman@kw.com and 707-206-4648 office and Cell: 707-799-3617.

Mr. Pete Phillippee has the weekend off but will be the host for next week’s show as I’m off to the Monterey Jazz Festival. This is the granddaddy of Jazz Fesitval’s and my wife and I have been going for now over 20 years! We have sold out “Arena” tickets but the ground tickets are readily available. And if you really want to go to the ever popular, “Blues Saturday” you can scalp tickets outside for about $50.00 each!!! But once you get INTO the festival you can hang for the entire day on the grounds and dig all the other venues available besides the “headliner” arena tickets. The food is spectacular and ver diverse. We always get “Sweet Potato Pie” on Friday night as it sells out quick. Heaven! The occasional twin engine beech craft and small jet zoom over the festival adding a different “sound” and ambience to the festivities. Suffice it to say, the Festival was on one week after 9/11 and many, many folks who had never attended the event where freaking out over the low flying jets!!

Remember, if you want to call in dial: 707-636-1350. And to reach me off the show call: 322-8503 or outside the area: 800-959-7244. Happy Listening.