Mike Hendrickson's Real Estate Blog

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2013 

  Wow!  The Case-Shiller Home Prices Index was up 9.3% for February!  This is the best price rise in 7 years.  So you have to go back to 2006 for price increases higher than now.  Are we in another bubble?  I don't think so, since the prices were so depreased for 6 years they are finally caughti...
04/30/2013
Today it was reported that pending home sales were up 1.5% and this was the highest in 3 years per the NAR.  It is something that all of us have noticed, and now we can see the numbers come out. Go to my web site at www.myslohomefinder.com for all your real estate needs in , and Shell Beach Cali...
04/29/2013
We received an email from a large asset management company that we should gear up for more BPOs and foreclosure activity.  From what the email said they want us to get ready to do the BPO and foreclosure deals, and expect more activity. We'll have to wait an see how much actually comes to market...
04/27/2013
I saw a shocking program on HBO that is called "Vice".  It is a weekly show and this week it showed the riots and protests in Spain and Greece.  With Spanish youth unemployment at about 50% (all ages it's 27%) and Greece with similar numbers, it showed the violent riots and the rise of radical p...
04/27/2013
The ecomony is still growing a 2.5% last quarter.  This is a big deal when you compare it to negetive growth in the Euro Zone nations.  Spain's unemployment is now at 27%!  Check out my web site at www.myslohomefinder.com for all your real estate needs in Paso Robles, Templeton, Atascadero, San ...
04/26/2013
Rates are up today.  The jobless numbers were better than anticipated.  Euro unemployment rates are rising, and one has to wonder when China will slow down more.  Go to my web site at www.myslohomefinder.com for all your real estate needs in Atascadero, Templeton, Paso Robles, San Luis Obispo, A...
04/25/2013
New factory orders are way down.  It also looks like China is slowing down with new orders to its factories dropping also.   Go to my web site at www.myslohomefinder.com for all your real estate needs in Atascadero, Templeton, Paso Robles, San Luis Obispo, Morro Bay, Cayucos, Arroyo Grande, Pismo...
04/24/2013
Home sales for new builds were up but not as much as expected.  We just don't have the inventory of new or existing homes.  Here on the beautiful Central Coast of California we aren't building enough to cut into the demand.  Check out my web site at www.myslohomefinder.com for all you real estate...
04/23/2013
Recent report was released by the NAR that said the March existing home sales were down by 5%!  I believe it!  There just isn't the inventory out there to have sales in the March 2012 range.  However the price year over year was up 10%!  We are back to a buyers market!   Visit my web site at www....
04/22/2013
What a dangerous world we live in! It is sometimes hard to believe that a war half a world away can come to our shores!  My thoughts and prayers are with those dead, wounded, and their family members in the Great City of Boston.  I always liked to visit Boston with all the historic buildings and ...
04/21/2013
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Mike Hendrickson

Fine Homes, Short sales, excellent client services
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