Mike Hendrickson's Real Estate Blog

What is going to happen if we are "sequestered"?  We'll have to wait and see!  Go to my web site www.myslohomefinder.com for all your San Luis Obispo County home search need.   The day ahead: Economic Data Gets More Serious           The Dow was close to its record high since 10/2007. Real GDP gr...

Are you afraid of the sequester?  If you are a defense contrractor maybe you should be!  But we have seen the expansion of the Federal and state governments grow and grow.  We have an international presence  that is still fighting the "cold war".  Just look at the bases we have around the world. ...

Anyone afraid of the sequester!  I'm not!  We need to cut spending and cut taxes! To bad the politicans can't come up with a budget isn't it! Will Rogers quote of the day, "We have the best Congress money can buy!"  Sorry but true! Check out my web site at www.myslohomefinder.com for all your hom...

It's going to be a big week for the economy!  We have a lot  of data coming!  Then, we also have the possible cuts coming to the Federal Government coming up on March 1, 2013!  What a mess! See my web site at www.myslohomefinder.com for all your San Luis Obispo County home search needs. This week...

Do any of you remember the Econ 101 classes in college.  Especially the chapter about supply vs demand, and when the supply of a commodity drops, the demand increases.  Well we are seeing this before our eyes in the U.S. housing market!  As a real estate agent looking for properties for clients, ...

Have you been to the grocery store lately?  Food prices are up!  Fuel prices are up!  I went to a gas station yesterday to fill up my small pick up truck.  Next to me was a man filling up his diesel "monster truck" as I call them.  My total was $76 and he looked at the amount and said "that's not...

How fast times change.  We have gone from a buyers market to a sellers market in a little over a year.  I told many buyers that it was time to buy for the last 2 years.  So listened and some didn't!  I remember talking to one of my buyers a year ago that it was time to buy.  I showed him several ...

It looks like mortgage rates are going up!  Inflation is appearing on many fronts, from housing, rent, food, energy, and job growth.  It's a matter of time until the Feds. have to raise the mortgage interest rates.  Look to my web site www.myslohomefinder.com for all your San Luis Obispo home sea...

Are we seeing stagflation coming back?  In the 1970's that is what they called it when we had high inflation and no economic growth.  But is there opportunity here?  I remember one of my elderly clinets told me he bought a 3,000 sq. ft home on about an acre in San Luis Obipso in the early 1970's....

I remember what my mom and dad said about the inflation of the 1970's.  My dad called it the "thief of the night" because it robbed the people of purchasing power and lead to retirees on fixed incomes having to go back into the job market just to get by. They called in "stagflation" at the time! ...