HotelDel DownTown Sunset

T.G.I.F. from Jennifer Ross -  Realtor
Economic News  
 
A report from Comerica Bank says that the U.S. and California economies will accelerate this year, "marked by increases in incomes, consumer spending and jobs." The report also says that housing prices in California bottomed out in 2009 and "that indicators suggest a rebounding economy."
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The Case-Shiller Home Price Index for November 2009 shows that San Diego was one of the four out of 20 regions in the United States that has seen housing prices actually increase in the past 12 months. Granted, the increase was small -- 0.4 percent -- but it certainly beats the heck out of some regions like Las Vegas, Detroit, Miami, Phoenix, Seattle and Tampa, which saw prices drop double-digits in the past year.

San Diego prices, according to Case-Shiller, have actually advanced for seven consecutive months.  By the way, today's new home sales report also found that the inventory of unsold new homes stands at 231,000 nationwide, the lowest level in 38 years. And, since few new homes are being built these days, it won't be long before we are out of inventory.

This Day In History

January 30
1649 - King Charles I of England was beheaded by order of Parliament under Oliver Cromwell.
1861 - Kansas is admitted as the 34th U.S. state.
1886 - Karl Benz patents the first successful gasoline-driven automobile.
1936 - The first inductees into the Baseball Hall of Fame are announced.
1948 - Mahatma Gandhi was assassinated in New Delhi, India.
1954 - Oprah Winfrey, American talk show host and actress, is born.
1969 - The Beatles performed together in public for the last time on the roof of their Apple Studios in London, England..
The Five Second Rule
Messy Baby Boy Eating 
Professors at SDSU have teamed up with Clorox to test one of the great urban myths, the five-second rule, which suggests it's OK to eat a piece of food that has dropped to the floor as long as it is picked up within five seconds after it hits the ground. Turns out that 65 percent of parents follow the five-second rule in their homes and nearly 75 percent let their kids eat food off their highchair tray even though it is one place with the highest germ concentration.
 
"Unfortunately, for those who live by the rule, it looks like a total myth, five seconds is all it takes," said Dr. Scott Kelley, biologist at SDSU. They suggest keeping surfaces as clean as possible. And, since Clorox paid for the study, the company probably would prefer you use its cleaning products.

Jenn

Jennifer Ross

 
Experience Counts!
Over 21 years in
Real Estate sales
Serving all of San Diego
 
Office: 800.913.7677
Direct: 619.985.7340
JennRossRealtor@gmail.com
Famous Quotes 
 
"If I accept you as you are, I will make you worse; however, if I treat you as though you are what you are capable of becoming, I help you become that."
 
Johann Wolfgang von Goethe 1749-1832, Author and Philosopher
 Website of the Week
 
Academic Earth
 
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Now you can audit classes from the comfort of your computer!

 As always, feel free to give me a call 800-913-7677 with your real estate needs.  Coldwell Banker logo
 
- Jennifer