Duane’s Real Estate Video July 28
| “It’s a great day to be in real estate! Duane Beisner here… sales manager and a sales representative for ERA real estate. | |||
| Duane’s Quote of the Day Perseverance has been defined as sticking to something you're not stuck on. Anonymous | ||
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Duane’s Joke of the Day
A beginner rider at the stables was trying to saddle a horse. “Excuse me,” said the old hand, “but you are putting that saddle on backwards.” “How do you know,” snapped the student. “You do not know which way I’m going.” Duane’s Business Tip of the Day
We are where we are today as a result of how we thought about ourselves yesterday.
Think about it.
Darwin Award of the Day
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A Catholic priest ascended to heaven on a helium host of party balloons, paying homage to Lawn Chair Larry's aerial adventure. In 1982, Lawn chair Larry attached 45 weather balloons to his lawn chair, packed a picnic lunch, and cut the tether--but instead of drifting above Los Angeles as planned, he was rocketed into LAX air traffic lanes by the lift of the balloons!
Astoundingly, Larry survived the flight, inspiring the movies Up! and Deckchair Danny, and Adelir Antonio, 51.
This priest's audacious attempt to set a world record for clustered balloon flight was intended to publicize his plan to build spiritual rest stops for truckers. But as truckers know, sitting for 19 hours is not a trivial matter even in the comfort of your own lawn chair.
The priest did take numerous precautions, including wearing a survival suit, flying a buoyant chair, and packing a satellite phone and GPS. However, the late A.A. made a fatal mistake.
He did not know how to use the GPS.
The winds changed, as winds do, and he was blown inexorably toward open sea. He could have parachuted to safety while over land but chose not to. When the voyager was perilously lost at sea, he finally phoned for help--but rescuers were unable to determine his location since he could not use his GPS. He struggled with the unit as the charge on the cell phone dwindled and died.
Over the next few weeks, bits of balloons began appearing on mountains and beaches, indicating that God had guided him straight to heaven. Ultimately the priest's body surfaced, confirming that he had indeed paid a visit to his boss.
Duane’s Social Commentary
Well, my son and I survived the Comic Con last week. Over 100,000 people descended on San Diego… we had the opportunity to attend many great panels with some celebrities including Will Ferrell and Seth Rogen (the new Green Hornet!). I will be posting some photos soon!
Sanctuary cities become the new target in the immigration debate. Opponents of the Justice Department's lawsuit challenging the enforcement of Arizona's controversial illegal-immigration law have hit upon a strategy to highlight what they contend is a gaping inconsistency in the Justice Department's policy priorities. Why should federal attorneys be targeting the Arizona law as an alleged obstacle to coherent and centralized enforcement of federal immigration statutes, they argue, while Justice officials also have done nothing to challenge the legal status of so-called sanctuary cities, which effectively block enforcement of the same federal law?
The Justice Department has asked a federal judge in Phoenix to stop Arizona's law from going into effect this Thursday, arguing that the measure interferes with federal immigration policy. But critics, including California GOP Rep. Duncan Hunter and Arizona Gov. Jan Brewer, are challenging the logic of Justice's move, arguing that if U.S. Attorney General Eric Holder really cared about enforcing federal immigration law, he should be targeting sanctuary cities instead of Arizona. More than 30 cities, including San Francisco, Los Angeles, New York, Miami, Denver, Chicago, Washington, D.C., and Dallas, have local ordinances on the books that prevent police from asking about a person’s immigration status. The Arizona law would allow officers to question a person’s immigration status and report them to federal authorities if that person is believed to be in the country illegally. The crackdown could prompt illegal immigrants to seek refuge out of Arizona and into those sanctuary cities.
A Justice Department official told the Washington Times there is nothing hypocritical about the government going after Arizona while ignoring sanctuary cities and suggested it won’t step up enforcement. Administration officials say they want to seek and deport criminal immigrants. Indeed, a recent Washington Post report found that deportation of illegal immigrants has spiked significantly under the Obama administration. But federal officials insist they don’t have the capability or resources to remove the hundreds of thousands of immigrants who haven’t had run-ins with the police.
"There is a big difference between a state or locality saying they are not going to use their resources to enforce a federal law, as so-called sanctuary cities have done, and a state passing its own immigration policy that actively interferes with federal law," Justice Department spokeswoman Tracy Schmaler told the Times’ Stephen Dinan and Kara Rowland. “That’s what Arizona did in this case.”
But even if Arizona's law goes into effect on schedule on July 29, the debate over sanctuary cities — which sprouted up mainly in the 1980s to give refuge to exiles from El Salvador's deadly civil war — is hardly over. Hunter is sponsoring legislation in Congress that would force the Justice Department to crack down on cities that don't enforce immigration laws — though it's not likely to come to a vote before next year.
Duane’s Real Estate News…
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U.S. Homeownership Rate Falls to Lowest Level Since 1999
The nation’s foreclosure crisis and economic pressures, such as rising unemployment, continue to batter the U.S. housing market, as evidenced by the latest figures from the Census Bureau on homeownership rates.
Data released by the federal agency Tuesday shows that the U.S. homeownership rate dropped to 66.9 percent during the second quarter of this year, hitting its lowest mark in more than 10 years.
The Census Bureau reports that approximately 85.6 percent of the housing units in the United States last quarter were occupied. Owner-occupied homes made up
57.3 percent of total housing units, while renter-occupied units made up 28.3 percent of the inventory.
The number of homes sitting empty during the second quarter, including foreclosures and residences for sale, as well as vacation homes, claimed 14.4 percent of the nation’s total housing stock. Vacant properties rose from 18.6 million in Q2 2009 to 18.9 million in Q2 2010, according to the Census Bureau’s report.
As the homeownership rate continues its slide and turmoil in the market has many would-be buyers questioning the soundness of sinking their money into a home, apartment landlords are experiencing a surge in rental activity.
A separate report released by the market analytics firm MPF Research shows that 215,000 previously empty apartment units in the largest U.S. markets became occupied during the first half of this year.
The company says that six-month figure is nearly double the number of units that were filled during the full 2009 year, and the highest mid-year tally since MPF began tracking apartment occupancy statistics in 1992.
The firm found that the apartment vacancy rate fell to 6.6 percent as of the end of June, down from 8.2 percent last December.
I need to say this again… this market right now is the BEST Buyer’s Market you or I will ever see in our lifetime. If you or anyone you know is thinking of buying, then do so now! If you or anyone who you may know is looking to buy a home or sell a home anywhere in the world, let me know. I can help.
If you are looking to make a move to real estate as a career, please shoot me an email or give me a call.
This is Duane signing off. Happy Trails to you! As always, I am proud to be an American. You can email me at duane.beisner@era.com... Or visit my website at www.rejedi.com
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