This is probably the best news I’ve seen since we moved here. Housing prices are starting to stabilize. The market is still strong but now sellers are having to work a little more to get the deal done. That’s good news for those of us that are still trying to find the right schools and best neighborhoods to raise our kids. Although I kind of doubt all those people that bought interest only loans two or three years ago are real happy about it. They will face some pretty rough times when it is time to roll over to the conventional part of the loan.
Speaking of sellers and prices going down, how bad did Major League Baseball miss the boat with the Nationals? They could have gotten top dollar plus ten percent last year when the team and city were both on fire. Now the Post is reporting for the umpteenth time that the Lerners are going to be the new owners by the end of the week. If MLB were to call me today about owning the team I’d try to haggle the price down before I committed. After all, who wants to buy a team that’s won only one of its last nine?
And it seems that Immigrant Day was a bigger event in other parts of the country than it was here. Granted there were some construction crews that didn’t show for work yesterday, and maybe a handful of places shut down but that was about it here in town. The demonstrators on the National Mall were in pretty short supply too. This is only the start of a movement that is going to last for a couple of more generations, but the leaders are going to have to do better than yesterday if they are going to have a impact right now.
I wonder if there is a link between the number of people that rallied yesterday in California and the high rate of car theft in that state? Or am I a racist for even thinking that?
