Archive for February 29th, 2008

The neighborhood of “Canada de la Segunda-Rancho Canada subdivision” aka Brookdale & Canada Way is a small neighborhood perfectly placed between Carmel and Carmel Valley.  It is rare to see a home come on the market in this neighborhhood and the values have been holding steady in the 1.M-1.8M range.  This desirable neighborhhod feature 1 acre parcels, cal-am and often times private wells,  most homes built in the late 50’s and early 60’s have been remodeled but not all.  What makes this a special place to own is the convenience factor, Carmel Unified School Dist., the Carmel Valley sunshine and the feeling of being in the country. 

I am pleased to be promoting and offering a beautiful home for sale in Rancho Canada at 26600 Pancho Way.  Built in 2001 with extensive landscaping this 3600 sq. foot home features a six car detached garage with 220v and a 2 car attached garage. There is a private well for plentiful water and a super bonus room for billiards, arts & crafts, etc. 

 Stop by Saturday from 12-3 and take a look or give me call for a private showing. See pictures at www.kathleenhendricks.com

 Cheers, Kat

did he really say the “R” word?

After reading about the jobs reports and watching the Fed. Chairman Bernanke at the joint economic committee hearing on Capitol Hill I think that the “R” word will be thrown around more liberally in the weeks and months to come.  And that is a good thing!!! Read more at this article in SF Gate

   What strikes me is that we are so resistant to use the word or other words such as stagnation,  & inflation yet we all feel the effects and live with it daily.   I believe the general consensus is that if we avoid the word then we can control the emotional climate of the American populace - bullsh__- if there is an elefant in the room believe me everyone sees it and senses its presence.

  In real estate we feel the  pressure of building inventories, decreased availability of money and fear filled buyers not to mention the 51,000 people out of work due to the slow down in new construction.  In retail the effects of consumer cut backs in spending and of course the continued cutbacks in manufacturing jobs going off shore.  I say lets call a spade a spade and move on.  We will recover from this and the markets will turn,  but pretending  that we are not in a recession or whatever it is just makes me feel manipulated and placated. 

 

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