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 | Four, 4 • August 9,
2007 |
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| Downtown Inventory: Rising and Falling
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 How can the downtown
inventory rise and fall at exactly the same time? With the continued
growth of the area, the biggest misconception is there so much to pick
from. I can?t tell you how many times buyers express that they are
completely uncertain about where to begin. What?s interesting is how
quickly that initial thought becomes an after thought. As buyers are
targeting specific areas, price points, and quality, the assumed large
inventory rapidly reverses itself. For example, if a particular buyer
wants to keep their investment under $600K, the buyer has nearly reduced
the inventory by half. In addition, if the buyer rules out the East
Village or Little Italy districts, again suddenly half of the entire
resale market might be wiped out. So, as this buyer continues their
search, they have already reduced the inventory in more ways than one.
All this happened before they even left their computer. Now that the
buyer has the area and price point in mind, the search begins again with
the hope of finding a solid investment within a respectable building.
After previewing a few places, the buyer will more than likely eliminate a
few buildings for various other reasons (structure, height, location,
noise, parking, HOAs, etc.), which inevitably removes at least 100 more
listing options. Continuing the filtering process, the buyer has
literally taken an inventory of over 600 units and brought it down to only
a handful. As the buyer is making their final decision, two more factors
will come into play: the reputation of the building and the future
development around the specific area. So, if someone is solely looking at
the inventory as it a whole, the choices might look overwhelming. However,
there is definitely more to the selection process than meets the eye.
When buying in downtown, buy a place with distinction and quality.
Call Brian with questions 619.250.1112.
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| Back by popular demand |
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 Back by popular demand
-Longest English Word: Praetertranssubstantiationalistically --> has
37 letters.
-A donkey can sink into quicksand but a mule can't.
-If you trace your family tree back 25 generations, you will have
33,554,432 direct ancestors - assuming no incest was involved.
-The average human will eat 8 spiders while asleep in their lifetime.
-The average left-handed person lives 7 years LESS than a right-handed
person.
-There are about 6,800 languages in the world.
-Children laugh about 400 times a day, while adults laugh on average
only 15 times a day.
-The shortest war on record, between Britain and Zanzibar in 1896,
lasted just 38 minutes.
-The typical lead pencil can draw a line that is thirty-five miles
long.
-There are over one hundred billion galaxies with each galaxy having
billions of stars.
-Of all the animals on earth the mosquito has contributed to the
deaths of more people than any other animal.
-The hair on a polar bear is not white, but clear. They reflect light,
so they appear white.
-Our eyes are always the same size from birth, but our nose and ears
never stop growing.
-It is not possible to tickle yourself. The cerebellum, a part of the
brain, warns the rest of the brain that you are about to tickle yourself.
Since your brain knows this, it ignores the resulting sensation.
-Cockroaches can live 9 days without their heads before they starve to
death.
-It is impossible to lick your elbow.
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| Lofts @ 777 6th Ave |
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 Lofts @ 777 6th
Only a few units remain at the Lofts @ 777 6th!!!
Located in the heart of the Gaslamp and across from the new Ivy Hotel,
this condo complex has it all. Residences feature stained concrete or wood
flooring, soaring ceilings, custom cabinetry, granite countertops, floor to
ceiling windows, enclosed balconies, spacious living areas, a beautiful
courtyard, a resident business center, low HOAs, and views of the downtown
architecture.
Prices ranging from $275,000 to 420,000
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| South of the Border |
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 A new trend for Brides and
Grooms are the non traditional weddings at far away locations. A recent
article by Cond' Nast magazine highlighted couples looking for exotic
place to get married for not just a one day or night affair, but an entire
week. The trend is to book a large property or villa so that it can host
the wedding as well as sleep 14 or more guests. The cost is much less than
booking a traditional hotel and the experience lasts longer than just the
ceremony. The most popular destinations in Mexico include Cabo San Lucas,
Puerto Vallarta, Acapulco , and Cancun. In fact, I have booked four
weddings this year at my villa. You can view my villa at
www.VillaEncantoMexico.com.
Adios!
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