Todd's Blog

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New Home Sales Decline 9%

NEW HOME SALES DECLINE 9.0 PERCENT
Sales of new, single-family homes declined 9.0 percent in November 2007 according to new data from the U.S. Census Bureau and the Dept. of Housing and Urban Development.

The number of single-family homes sold was 647,000, compared with 711,000 units in October, and 34.4 percent below sales for November 2006 of 987,000. The median sales price of new homes sold in November was $239,100, while the average sales price was $293,300.

**Taken from the California Association of Realtors Bulletin, dated January 2nd, 2008.

0 comments • Todd Picconi • January 15 2008 11:15PM

The Bucket List, starring Jack Nicholson & Morgan Freeman....Visiting Nonna

I saw "The Bucket List" recently....it's a new movie starring Jack Nicholson and Morgan Freeman....

What a great and fun way to remind us that "Life is short"....etc.

I would definitely recommend this film and give it a "10", which Yes, that's rare for me!!

On another note about getting older....visited with my grandmother, Nonna, yesterday and cut her hair....also saw my cousin who was visiting her....she's doing ok, but not really well......She can't really walk much anymore and I'm afraid that the end may be getting near.....well, I'm going to keep visiting her as much as I can and hope that her wish is granted to "go in her sleep"....whenever that time does come.....I am very lucky to still have her as she's 92, but alas, the quality of her life has greatly diminished. 

THANK YOU for those of you who consistently as me about her when we talk or communicate.  Your sentiments are VERY WELL RECEIVED.

Have a great day!!

3 comments • Todd Picconi • January 14 2008 12:50PM

Fast Facts for the Week....

Calif. median home price - November 07:

$488,640 (Source: C.A.R.)

 

 

Calif. highest median home price by C.A.R. region November 07:

Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)

 

 

Calif. lowest median home price by C.A.R. region November 07:

High Desert $262,650 (Source: C.A.R.)

 

 

Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent (Source: C.A.R.)

 

 

Mortgage rates - week ending 01/03:

30-yr. fixed: 6.07%; Fees/points: 0.5%;

15-yr. fixed: 5.68%; Fees/points: 0.6%; 

1-yr. adjustable: 5.47%; Fees/points: 0.5%

(Source: Freddie Mac)

**Taken from the California Association of Realtors Bulletin, dated January 9th, 2008.

0 comments • Todd Picconi • January 14 2008 12:35PM

Hello!!

Good Monday Morning to You!!

Hope that you're having a great year so far.  Mine has been slow start and then when I finally realized how much I have to do, especially in getting better organized, I am working round the clock now.....

Over the weekend was working with a Relocation client from Florida.  They were in (husband and wife) for Saturday and Sunday only, so alot of pressure was on to find the "right" place for them to live.  I think we accomplished this....and are busily working on it as I type this entry to you.  I showed them properties in Glendora, Claremont, LaVerne, San Dimas and Rancho Cucamonga.  Yes, busy weekend!!  They fell in love with a property in Rancho Cucamonga, near Victoria Gardens....Great Choice!!  Nothing like being close to shopping and what many call, Downtown Rancho Cucamonga.

I will be participating in an upcoming auction, so if any of you are looking for auction properties and need a good Realtor Professional who specializes in Repossessed and Bank Owned Properties, I'm your man and please feel free to contact me.

Hope you have a great week!!

 

My Best,

Todd

 

0 comments • Todd Picconi • January 14 2008 11:50AM