June 12, 2008

Garden & Gun…..who needs Town & Country

     About a year ago, I got a complimentary copy to a new magazine called, Garden & Gun. Only in the South would someone think a magazine with such a title would succeed. When I got that complimentary copy, I took the loose subscription card out and carried it around for probably a week meaning to subscribe. I never did.

     Well, over the weekend I got another complimentary issue of Garden & Gun and I am definitely subscribing this time. Published by the Evening Post Publishing Company of Charleston, S.C., this is definitely a magazine for any self respecting Southerner. Some of the articles in May issue include an insider’s guide to Charleston, a guide for a proper pig roast, and an article on various barrier islands throughout the South. One of the watering holes for the insider’s guide to Charleston was S.N.O.B. (Slightly North of Broad), which for any lover of Charleston is clever play upon S.O.B. Don’t know what S.O.B. is? Than you need to visit Charleston and find out.

Here’s a link to Garden & Gun, if you like to learn more and hopefully subscribe.

January 25, 2008

Much Ado About Nothing…..Homes Prices drop by 1.8 % in 2007

     That’s Chicken Little and it’s not someone you want to be. Did you hear the NEWS. Home prices were off 1.8 % in 2007. OMG, the sky is falling. It was the first time that home prices ever fell in 40 years of tracking this information. Let’s see the DJIA can swing that much in a day. When the DJIA trades lower by 10 %, 20 %, and more, it is simply called a CORRECTION. Guess what? The housing marketing is experiencing a correction. Gasp, horror, say it ain’t so, Joe.

     For the vast majority of Richmond homeowners who have owned their homes for a few years, your appreciation has been incredible, so what would be the big deal about giving back  2 % of that gain? Okay, Brick, we might be able to accept that. Good, I am glad to hear that, but remember I told you earlier this month that the average price in Richmond for 2007 was up 5.1 %. Averages are comprised of lots of numbers and ours just happens to be good. All real estate like politics is local.  

Now go out and enjoy your day.