Check it out. Bid on 2 great boards and buy other items here http://www.bonzer5.org/ to help out here http://water1st.org/. Safe water is so important to us all and so hard to get in so many places in the world. Help out, won't you?
Wednesday, July 29, 2009
Possible good news
Housing is Pulling the U.S., Canada and China out of Recession
July 27, 2009 - Alex Carrick
Featured in:
Market Insights
= 0) (navigator.userAgent.indexOf("WebTV") >= 0)) {
document.write('');
document.write(''); }
//-->
Join the Discussion!
Login to post a comment
Share
RSS Feed
The U.S. housing market just got the best news it has received in many years. Sales of new single-family homes jumped 11.0% month to month in June. New home sales have been trending upward throughout 2009. At 384,000 units, they are still exceptionally low − for example, in mid-2005, they were nearly 1.4 million − but they have been trending gradually upward throughout this year. Furthermore, they are only one-half of the story.
Number-of-months Inventory of Unsold Units
New sales have to be looked at in connection with the number of unsold units on the market. The number of unsold units was -4.1% month-to-month in June. Their current level of 281,000 units is low in a historical context, well below earlier in this century. The combination of stronger sales and fewer unsold homes has had a strong positive impact on the number-of-months inventory, which has dropped to 8.8. This is about double what it should be, but at its peak in January, it was three times higher than normal.
The improvement in U.S. new home sales is being driven by low interest rates, bargain prices and the $8,000 first-time homebuyers tax credit. It is an important lead indicator for future new home starts and stronger on-site activity levels in the residential sector.
Canada’s Forestry Sector
There is an international aspect to the improving housing market in the U.S. For Canada, it holds out the prospect of better times ahead for the forestry sector in many provinces. Increasing lumber exports should be the result, although there will be obstacles in the form of the strong-valued loonie and the usual objections to imports from U.S. sawmills.
China’s Domestic Economy and a Housing Boom
It is also interesting to note that an improvement in housing markets is one of the primary forces behind China’s improvement in GDP growth (+8% year over year) in the second quarter of this year. To finance its massive infrastructure program, China is increasing its money supply even faster than in America. Loans in China in the first half of this year were double what they were during the same period last year. There has been a spillover effect on the consumer spending side that has seen auto sales accelerate. A boom in housing markets is also appearing, which has already led to worry about a bubble effect.
Stronger housing markets, more so in China than is likely to be the case in the U.S. for a while, are nevertheless important because they lead to more demand for a whole range of products such as home appliances, electronic equipment, drapery and carpeting, that in turn fuel the need for basic commodities. The competition for raw materials will soon be heating up and when you think commodities, that’s when Canada comes to the forefront.
July 27, 2009 - Alex Carrick
Featured in:
Market Insights
= 0) (navigator.userAgent.indexOf("WebTV") >= 0)) {
document.write('');
document.write(''); }
//-->
Join the Discussion!
Login to post a comment
Share
RSS Feed
The U.S. housing market just got the best news it has received in many years. Sales of new single-family homes jumped 11.0% month to month in June. New home sales have been trending upward throughout 2009. At 384,000 units, they are still exceptionally low − for example, in mid-2005, they were nearly 1.4 million − but they have been trending gradually upward throughout this year. Furthermore, they are only one-half of the story.
Number-of-months Inventory of Unsold Units
New sales have to be looked at in connection with the number of unsold units on the market. The number of unsold units was -4.1% month-to-month in June. Their current level of 281,000 units is low in a historical context, well below earlier in this century. The combination of stronger sales and fewer unsold homes has had a strong positive impact on the number-of-months inventory, which has dropped to 8.8. This is about double what it should be, but at its peak in January, it was three times higher than normal.
The improvement in U.S. new home sales is being driven by low interest rates, bargain prices and the $8,000 first-time homebuyers tax credit. It is an important lead indicator for future new home starts and stronger on-site activity levels in the residential sector.
Canada’s Forestry Sector
There is an international aspect to the improving housing market in the U.S. For Canada, it holds out the prospect of better times ahead for the forestry sector in many provinces. Increasing lumber exports should be the result, although there will be obstacles in the form of the strong-valued loonie and the usual objections to imports from U.S. sawmills.
China’s Domestic Economy and a Housing Boom
It is also interesting to note that an improvement in housing markets is one of the primary forces behind China’s improvement in GDP growth (+8% year over year) in the second quarter of this year. To finance its massive infrastructure program, China is increasing its money supply even faster than in America. Loans in China in the first half of this year were double what they were during the same period last year. There has been a spillover effect on the consumer spending side that has seen auto sales accelerate. A boom in housing markets is also appearing, which has already led to worry about a bubble effect.
Stronger housing markets, more so in China than is likely to be the case in the U.S. for a while, are nevertheless important because they lead to more demand for a whole range of products such as home appliances, electronic equipment, drapery and carpeting, that in turn fuel the need for basic commodities. The competition for raw materials will soon be heating up and when you think commodities, that’s when Canada comes to the forefront.
Monday, July 27, 2009
Mark your calendars to help out
18th Annual Paddle For Clean Water Festival set for Ocean Beach San Diego on Sunday September 13th
July 27, 2009
PRESS RELEASEBeach lovers and ocean enthusiasts unite for clean water! The Surfrider Foundation San Diego Chapter hosts the 18th Annual Paddle for Clean Water Festival presented by Clif Bar on Sunday, Sept. 13, 2009. The event starts with free breakfast at 9 a.m., features a paddle around the Ocean Beach Pier at 10 a.m., then the festival continues until 5 p.m. at the Ocean Beach Pier parking lot.This 18th year of the Paddle for Clean Water Festival presented by Clif Bar promises a full day of fun for everyone. The Paddle For Clean Water Festival will feature booths highlighting environmental awareness and action, local artists and eco-friendly vendor; free massages; free surf lessons, a free surfboard demo from Holeman Surf Designs, a kids' fun area featuring arts and crafts activities, food, great bands and a Stone Brew beer garden for folks age 21 and over. The paddle around the OB Pier at 10 a.m. features all sorts of paddlecraft - surfboards, bodyboards, kayaks, outrigger canoes, etc. - in a non-competitive paddle out and around the Ocean Beach Pier to raise awareness to pollution problems along San Diego's coastline. The event will also include breakfast for all paddlers starting at 9 a.m., along with special guest speakers, live music, a huge raffle with a Holeman Surf Designs surfboard as the grand prize, a beach cleanup, and bands all afternoon.The decline of near-shore water quality remains one of the biggest threats to our world's beaches and coastlines. In addition to destroying marine habitats, it poses a significant risk to the health and welfare of beachgoers. Two local issues will be highlighted at the event this year:* No B.S. - The No Border Sewage coalition to clean up the waters around the Mexico border* San Diego's water supply and how it relates to the marine environment - Know Your H2O!Over 1,000 beach and ocean lovers took to the waters off Ocean Beach at last year's San Diego event and 2,500 are expected for the festival this year."Whether you paddle or not, the Paddle for Clean Water Festival is always a fun way for people to get involved, and a great place to get the latest information on local coastal environmental issues," said Scott Harrison, chair of Surfrider Foundation's San Diego Chapter.Schedule of events:9am: Light breakfast is served10am: Paddle around the OB Pier11am: Group photo, guest speakers and raffle11:30am: Live music begins5:00pm: Festival ends Surfrider is making every effort to have the event be zero waste - from a solar powered sound stage to comprehensive recycling and analyzing what will be used at the event. Please walk, bike, take public transport or carpool to the event. Visit www.sdcommute.com or www.icarpool.com for more information.More information about the Paddle For Clean Water Festival can be found at www.surfriderSD.org or www.paddle4cleanwater.blogspot.comThe Surfrider Foundation is a non-profit grassroots environmental organization dedicated to the protection and enjoyment of our world's oceans, waves and beaches. Now in its 25th year, the Surfrider Foundation has grown from a small group of dedicated surfers in Malibu, California to a global movement made up of over 50,000 members and 90 chapters worldwide.
SURFLINE HOME
July 27, 2009
PRESS RELEASEBeach lovers and ocean enthusiasts unite for clean water! The Surfrider Foundation San Diego Chapter hosts the 18th Annual Paddle for Clean Water Festival presented by Clif Bar on Sunday, Sept. 13, 2009. The event starts with free breakfast at 9 a.m., features a paddle around the Ocean Beach Pier at 10 a.m., then the festival continues until 5 p.m. at the Ocean Beach Pier parking lot.This 18th year of the Paddle for Clean Water Festival presented by Clif Bar promises a full day of fun for everyone. The Paddle For Clean Water Festival will feature booths highlighting environmental awareness and action, local artists and eco-friendly vendor; free massages; free surf lessons, a free surfboard demo from Holeman Surf Designs, a kids' fun area featuring arts and crafts activities, food, great bands and a Stone Brew beer garden for folks age 21 and over. The paddle around the OB Pier at 10 a.m. features all sorts of paddlecraft - surfboards, bodyboards, kayaks, outrigger canoes, etc. - in a non-competitive paddle out and around the Ocean Beach Pier to raise awareness to pollution problems along San Diego's coastline. The event will also include breakfast for all paddlers starting at 9 a.m., along with special guest speakers, live music, a huge raffle with a Holeman Surf Designs surfboard as the grand prize, a beach cleanup, and bands all afternoon.The decline of near-shore water quality remains one of the biggest threats to our world's beaches and coastlines. In addition to destroying marine habitats, it poses a significant risk to the health and welfare of beachgoers. Two local issues will be highlighted at the event this year:* No B.S. - The No Border Sewage coalition to clean up the waters around the Mexico border* San Diego's water supply and how it relates to the marine environment - Know Your H2O!Over 1,000 beach and ocean lovers took to the waters off Ocean Beach at last year's San Diego event and 2,500 are expected for the festival this year."Whether you paddle or not, the Paddle for Clean Water Festival is always a fun way for people to get involved, and a great place to get the latest information on local coastal environmental issues," said Scott Harrison, chair of Surfrider Foundation's San Diego Chapter.Schedule of events:9am: Light breakfast is served10am: Paddle around the OB Pier11am: Group photo, guest speakers and raffle11:30am: Live music begins5:00pm: Festival ends Surfrider is making every effort to have the event be zero waste - from a solar powered sound stage to comprehensive recycling and analyzing what will be used at the event. Please walk, bike, take public transport or carpool to the event. Visit www.sdcommute.com or www.icarpool.com for more information.More information about the Paddle For Clean Water Festival can be found at www.surfriderSD.org or www.paddle4cleanwater.blogspot.comThe Surfrider Foundation is a non-profit grassroots environmental organization dedicated to the protection and enjoyment of our world's oceans, waves and beaches. Now in its 25th year, the Surfrider Foundation has grown from a small group of dedicated surfers in Malibu, California to a global movement made up of over 50,000 members and 90 chapters worldwide.
SURFLINE HOME
Monday, July 20, 2009
Carlsbad market trends
Want to see what has been going on in the Carlsbad market west of Interstate 5?
http://idx116021.tempo5.sandicor.com/?Page=-1
You are always welcome to contact me with questions. Phil
You are always welcome to contact me with questions. Phil
Friday, July 17, 2009
Interest rates (good) & the surf (bad) still down
U.S. Mortgage Rates Fall to 5.14%, Freddie Mac Says (Update2)
Share Email Print A A A
By Brian Louis
July 16 (Bloomberg) -- Mortgage rates in the U.S. fell to the lowest since May as home-loan refinancings surged on lower borrowing costs.
The average 30-year rate fell to 5.14 percent from 5.20 percent, mortgage buyer Freddie Mac of McLean, Virginia, said today in a statement. The 15-year rate was 4.63 percent.
“It’s been stuck in this low-five range for a number of weeks,” Donald Rissmiller, chief economist at New York-based Strategas Research Partners, said. “This is still a good interest rate.”
My buddy, Tray Trevino, can advise you if you need more info on mortgage rates. 760-415-2417 or ttrevino@magnifundgroup.com
Share Email Print A A A
By Brian Louis
July 16 (Bloomberg) -- Mortgage rates in the U.S. fell to the lowest since May as home-loan refinancings surged on lower borrowing costs.
The average 30-year rate fell to 5.14 percent from 5.20 percent, mortgage buyer Freddie Mac of McLean, Virginia, said today in a statement. The 15-year rate was 4.63 percent.
“It’s been stuck in this low-five range for a number of weeks,” Donald Rissmiller, chief economist at New York-based Strategas Research Partners, said. “This is still a good interest rate.”
My buddy, Tray Trevino, can advise you if you need more info on mortgage rates. 760-415-2417 or ttrevino@magnifundgroup.com
Thursday, July 16, 2009
Wednesday, July 15, 2009
Beat the crowds
Beat the crowds. Surf today (7/15/09 - Terramar). Let's hope that the Mexican hurricane sends some swell out way soon.Here is the "set of the day"!!
Tuesday, July 14, 2009
Starting out 7/14/09
Just getting started today. Stay tuned after this quick start. There should be lots of new stuff to get going in the coming weeks. Here goes:
Surf down. Not much going on in the North County swell scene but the water is warm. Time to cross train. Grab the "big boy" and paddle out & maybe a set comes your way. Grab some flippers. There are still halibut around the reefs in the sandy bottom areas. I know one thing, no matter the season in San Diego County, I feel like I'm on vacation when I'm not at work. Here's hoping that you have the same vibe.
Real estate up? Appraisals seem to be following the median prices slightly higher In North San Diego County. Maybe a seasonal thing; maybe the start of better things...we'll see. I'm hoping that the leveling off is over and we can start to see more ticks upward in the coming months. Let's hope that any new foreclosures don't pull it down again.
Surf down. Not much going on in the North County swell scene but the water is warm. Time to cross train. Grab the "big boy" and paddle out & maybe a set comes your way. Grab some flippers. There are still halibut around the reefs in the sandy bottom areas. I know one thing, no matter the season in San Diego County, I feel like I'm on vacation when I'm not at work. Here's hoping that you have the same vibe.
Real estate up? Appraisals seem to be following the median prices slightly higher In North San Diego County. Maybe a seasonal thing; maybe the start of better things...we'll see. I'm hoping that the leveling off is over and we can start to see more ticks upward in the coming months. Let's hope that any new foreclosures don't pull it down again.
Subscribe to:
Posts (Atom)