The Morning Report
Get the news and information you need to take on the day.
The New York Times real estate blog has a link to another blog, Sacramento Landing, that’s pretty funny.
The Sacramento blog has a post from one of their readers who took a photo of a Re/Max billboard in Stockton, Calif. The billboard has a couple of Re/Max hot air balloons rising above the cheerful proclamation “Home Sales Soar: Outstanding Agents, Outstanding Results.”
The blog then lists the sales figures for different parts of California:
Sacramento: -38 percent
Central Valley: -33 percent
California: -21 percent
San Francisco Bay: -20 percent
I can add our own, local figure to the list:
San Diego: -30.7 percent. (Between April 2005 and April 2006.)
As the Sacramento blog notes, “I guess it depends what the meaning of the word ‘soar’ is.”