Life in the Desert
Market Minute for February 7th 2022
The economy continues to improve with job growth surprised on the upside despite surging Covid cases at the start of 2022. While the strong gain in payrolls is great news for the economy, the labor market resilience also provides more reasons for the Federal Reserve to raise rates to keep inflation from rising further. After holding steady since the mid of January, mortgage rates are on the upswing again as the market responds to the big jobs report. The surge in rates may have raised concerns for many potential homebuyers, but it also could have motivated them to get into the market sooner before rates rise further, as evidenced by the increase in mortgage applications in recent weeks.
Now There’s a Paint Shortage
ese days. First, there were shortages of lumber, computer chips, and manufactured goods. Now, it’s paint.
New Statewide Mandatory Organic Waste Collection
Starting this month, there is a new Statewide Mandatory Organic Waste Collection protocol in place. Not only will Californians need to recycle our recyclables, but it’s now including organic waste in the recycling process as well.
A Little Something from Dean Rathbun
I received an email from Dean Rathbun today and I agree with him, “This is natural economics folks. Nothing fancy. Watch how it plays out.”
Have you looked at your homeowner’s insurance policy lately?
Have you looked at your homeowner’s insurance policy lately? If it’s been a year, it may be time for your annual checkup – for your homeowner’s insurance.
The Nation Goes Red in February
The Nation Goes Red in February. The American Heart Association’s signature initiative, Go Red for Women®, is a comprehensive platform designed to increase women’s heart health awareness and serve as a catalyst for change to improve the lives of women globally.
Market Minute for January 31st
Market Minute for January 31st by CAR.org. After a turbulent start to the year, California’s economy and housing market got a bit of a respite from the volatility. Rates held steady after big increases, the pandemic is finally showing signs of improvement, and the labor markets continue to give reason for cautious optimism.
2022 Real Estate Market in the Desert
2022 Real Estate Market in the Desert. I recently read an article in the Desert Sun on the Coachella Valley real estate outlook for 2022. Of course, we all know how crazy 2021 was for real estate in the Desert with minimal inventory, increasing home prices, multiple offers, and contingencies waived; will it spill over into 2022?
Grandparent Scams on the Rise
Grandparent Scams on the rise and according to AARP and here are ways to not get caught up in the scam.