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Latest macroeconomic data released last week suggest that the economy remains solid, with the cooling trend in inflation continuing at the start of Q3 2024. Both consumers and business leaders feel upbeat in general and have a positive outlook about the near future. With the Fed expected to adjust rates downward in their next few meetings, the housing market should pick up some momentum throughout the rest of the year.
As always, please reach out if you have any questions or comments with your local market.
Did You Know?
30-year fixed-rate mortgages are at 6.35% as of Aug. 29 compared with 6.95% as of July 4. (Bloomberg)
Did You Know?
More than 11,000 people in the U.S. are turning 65 every day and the vast majority—77% of Americans age 50 and older—want to live as long as possible in their current home. 24-hour professional care at home can cost $250,000 and more per year. (WSJ)
Did You Know?
Will your next AMAZON package be delivered by THE ONE? The One is a robotic AI-fueled delivery cart designed to carry up to 100 pounds of goods and can travel at speeds of up to 20 mph. Its maximum range on a single charge is between 60 and 70 miles, making it suitable for both urban deliveries and in-store operations. (FOX)
Did You Know?
Gratitude is always helpful in maintaining a cheerful attitude! One thing I have always found useful is having something to look forward to...fall is my favorite time to host dinner parties, and I love going to plays and live music events. In the winter, my son and I travel to our favorite ski spots. Plan an exciting itinerary and book your next vacation - take a day trip with friends - or book a weekend getaway. Identifying something to look forward to works wonders!
Did You Know?
Developers in the Las Vegas area have long emphasized building single-family homes, taking advantage of the once-vast tracts of developable land. But that is changing as wealthy locals and out-of-state buyers increasingly choose to purchase condos. Now hundreds are in the works. (WSJ)
Did You Know?
A recent NAR survey of prospective home buyers released in February 2024 showed many buyers consider green home features to be either essential or desirable. Energy Star-rated windows were deemed essential or desirable by 83% of respondents, while triple-pane insulating windows (77%), sustainably harvested lumber (56%), and home components made of recycled materials (52%) were also popular with buyers. (WSJ)
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 The RanchThe Ranch in Laguna is a hidden oasis that stands as the secret staycation spot we all crave. Situated in a little valley with a 9-hole golf course, this coastal ranch-style boutique hotel has plenty of property to explore. And once you work up an appetite, you’ll want to head to Harvest to cure those hunger pangs. This ultra cozy culinary destination is serving up seasonal California cuisine with a rotating menu that integrates ingredients grown and gathered from their very own half-acre farm, appropriately called Harvest Farm.
The milk bread rolls are a great place to start when perusing the full menu. The panzanella is a party in your mouth, and anything with stone fruit will have you singing. They also serve breakfast, brunch and lunch for those who prefer eating on the early side. The restaurant is also a great escape when the weather cools down, and try to score one of their coveted outdoor fire pits, where you can order off the menu and enjoy live music.Check it out...
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The Great Plein-Air!Celebrate over 100 years of plein air art at Crystal Cove State Park and spend a relaxing day capturing the beauty of the Cove on canvas with the help of a Crystal Cove plein air artist! No experience is required and this introductory class is recommended for novices only. All supplies will be provided, and class size will be limited to 12. Check out their upcoming class schedule and embrace your inner-artist!Details...
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40 Chic Coffee Bar IdeasIf you consider coffee as essential as food, water, and sleep, then you owe it to yourself to add a coffee bar to your home. With coffee bar ideas, function is paramount; whether you’re an espresso aficionado or a pour-over coffee devotee, an organized coffee bar helps you keep all of your coffee-making essentials close at hand and convenient. Get inspired with these design tips and create a stylish space to get your buzz on.
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Secret SoCal Swimming Holes With Labor Day in the rear-view mirror, it's the perfect time for locals to enjoy their own adventure! No Gatekeeping...these natural swimming holes are a must. From the Laguna Beach saltwater pool to the Mailbu Creek rock pools, take an adventure and try out these 13 natural swimming holes - enjoy and feel like you've stepped into another world.
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113 Via Yella, Lido Isle
4 Bed | 3 Bath | 1866 Sqft | $3,950,000
Extensively remodeled, this coastal home offers modern upgrades with classic details and a Spanish flair.
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 108 Via Undine, Lido Isle4 Bed | 4.5 Bath | 3508 Sqft | $5,800,000Situated on an oversized 53’ lot, this home embraces indoor-outdoor living and features a spacious backyard unlike any other on Lido Isle.
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510 Via Lido Soud, Lido Isle3 Bed | 3 Bath | 2104 SqFt | $15,000/month - FurnishedThis beautiful home captures the ambiance of a private resort, and offers plenty of amenities!
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122 Via Ithaca, Lido Isle3 Bed | 2 Bath | 2207 Sqft | $13,500/month - FurnishedKick off your shoes and settle into this comfy beach cottage! Situated on an oversized 45' lot, 122 Via Ithaca offers casual living and expansive outdoor spaces.
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