GETTING PERSONAL, June 2021

Greetings to you all!

We have come to the middle month of the year already and I am enjoying some of my vinyl collection as I write this on the Memorial Day Holiday. Preparing for the parade in Wrightsville: the RE/MAX Pinnacle Nathan Krotzer Team will be marching ahead of the parade to pass out American flags. Still trying to recover from the washed out weekend and the cold to, what promises to be, 70 degree temperatures to walk the parade route.

I guess this is kind of the start to summer, the pool is ready and four of the six grand kids have been in! Way too cold for me. It will be, at least a couple of weeks until the water is warm enough to entice me. We have stocked up on chlorine to assure a full season and just need some summer weather.

The Market

No real changes, still crazy after all these months! You will note the “Do You Know” property became active today. It is hard to put listings on page 10 because they are under agreement so quickly, no time to publish. Just be sure to prepare ahead if you are buying or selling. If selling, you need a place to go and if you are buying, have your pre-approval for financing (if you are not cash) and be at the ready to see listings immediately. Making you best effort first, you are unlikely to get a second bite at the apple. It is quite rare to have success even at a full price offer and conditioning an offer on inspections is the death knell in this market. Rates remain historically low but with government flooding the economy with so much printed money it is likely to effect a rise in rates. Given the scarcity of properties for sale, no downturn in activity is anticipated.

Prince and Princess Report

Sleepovers are still happening. Ben and Annie and Jimmy and Rosie still enjoy the spoiling time. We must enjoy it as much as we can, we won’t get that time back and must make memories while we have the chance. Before you know it, they are “too old” and have so much else to take up their attention. The pool is a good draw for seeing lots of them for the summer. We even get to see Claire and Leo at the pool. We are all excited for our “group” vacation to the Outer Banks this month. It had been a tradition for many years but fell by the wayside with the growing families and obligations. All grand kids will be there, only missing Aubri and Jeff. All the ladies have been preparing lists of everything to pack.
We will be staying ocean front with a no dune walk to the beach. The best thing about vacationing in June is you still have lots of summer left when you return!

Home Front News

My Cub Cadet is saving me so much time and effort in my mowing duties. The grass is growing slower now so I have given up bagging and I can zip through all four lawns. Even with trimming, I can get it all done in a little over an hour.

I have successfully installed two pulley ceiling mounts in the garage for the bike storage. I went on the cheap and the ones I bought, the lines can easily slip the pulleys but with a little care they work great and I no longer have to lift and hang those bikes (they seem to get heavier every year). We have explored the option for E- bike replacements. My wife has been awarded a purchase as a bonus from her team work. We have been researching the various makes and models. It is probably good we are not in a hurry, most are back ordered, some even until 2022.

I have vowed to get to bottom of my family room sound system problem. I have sound, but something is off. I need to check all the individual wiring and speaker performance. You would think it would be easy, but all the wires are fished and run over head. That means crawling around in the rafters, up and down and up and down checking each line and speaker in the summer heat! I need a partner and walkie talkies!

Until next month,

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GETTING PERSONAL, May, 2021

Greetings to you all!

As this year is slipping away so quickly, at 6:30 am on the first Saturday of May I am listening to a Carpenters Album and finishing up this month’s Newsletter. I enjoy almost everything the Carpenters have produced and have, I think, every album. Although I have quite a few albums (vinyl) I really appreciate and cherish all the great voices. Karen Carpenter is one of the best, purest of all my collection. I am still on the hunt for others I don’t yet have. Hard to pass up vintage record stores, I may find some time today to hunt. Tony Braxton, Etta James, Sade, Seekers (Judith Durham’s powerful, driving voice). The Seekers are hard to find just hunting around. You can always go on line and find stuff but the fun is in the hunt. Often you can find a bargain. Maybe I’ll get lucky today!

The Market
Just when the thought comes in that improvement is coming in the conditions, it is dashed by the reality that there is no end in sight for the scarcity of homes or relief for buyers in the competition. It has become common place to write offers without inspection conditions. Making an offer with inspections is almost a sure-fire way to be defeated in the competition. Buyers are forced to assume more risk in their offers in order to have a chance to win a bid. With the cost of building materials exploding, the cost of new construction is getting out of control. Contractors are booked up and cannot honor estimates beyond 60 days or less due to the escalation of materials costs. Demand is the driving force but the government agenda to spend so much money that they will be printing adds to inflation concerns. So, diligence, patience and persistence is the ticket for buyers to have success. Interest rates remain in the 3% range so, even with prices escalating, affordability is still a driving force. For the sellers it is a mysterious adventure in pricing. Many offers are contingent upon mortgages, but appraisals have become problematic as the public is creating the value with the escalating demand and buyers attempting to outbid each other in their efforts to secure a property. It is crazy!

Prince and Princess Report
Outside play is a more frequent occurrence with the warmer weather. We have had occasion to have all the kids for play time. They all play so well together and is is a joy to sit back and observe. All are quite adept on the trampoline, even at the same time! Annie is taking gymnastics and is amazingly talented. She can (and does) cartwheel across the yard with ease. Ben is likely to follow as his physical development allows. Rosie is working to imitate. Leo continues to do well with his school work, soccer and flag football. His exposure on his bus has put him in quarantine, along with some of his friends. He is missing some soccer and football but has hooked up with his friends on line with his PS4 games, so the quarantine isn’t all bad! We have big plans for all to be together for a Mother’s Day celebration at a local restaurant next Sunday. We are hoping for no more quarantine issues to ruin.

Home Front News
A lot of the reconstruction work on the garbage can pad is done. I have designs on leveling up and maybe even a little cement work to dress it up. I need good weather and some time to play with it. The lawn is coming around with the treatment. Clover is dying out and, even though not completely, the dandelion population is going away. I give it a little help by manually plucking them out. The growth is fast at this time of year and I may have to start mowing in shorter intervals. My Cub Cadet is a God send! I will need to get another set of blades so I can always have a sharp set on.
Karen is singing me out, come on Summer!

Until next month,

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GETTING PERSONAL, April 2021

Greetings to you all, wishing you a Happy Easter!

It looks like the pandemic is moving to our rearview mirror. My James Taylor concert has been rescheduled for August 16th, and I doubt James will be singing through a mask. I pray that normalcy can get a foothold before then! In the meantime, we can take reasonable precautions to protect the vulnerable and not assume it is over.

The Market

There appears no relief in sight for buyers competing for a home. The listing I had planned for the “coming soon” became pending so quickly! I had to activate the listing “early” due to the demand to show (it was supposed to be active today) and had over 30 showings in two days and 8 offers that were sorted through and the seller made their selection. Four of the eight wrote offers without inspections and had escalation clauses. I can’t say with any confidence that we can sustain the appraisal but I am at a loss to try to predict value in a market that comparables are not dispositive of value! I have not yet replaced “Coming Soon” with something else, I am going to finish “ Getting Personal” first and then send it out to all of you.

Interest rates have risen into the 3%+ range but has not dampened the buyer demand. I see little change in the immediate future as inventories continue to shrink, diligence and patience are a must for buyers as even an excellent offer is not a sure win in this environment.

Prince and Princess Report

We, long ago, dispensed with keeping our distance from our grand kids. We get to see all of them on a regular basis and even get the occasional sleepover. That continues. We make a concerted effort to have Jimmy and Rosie for a day each week and usually we can coax a visit with cousins Annie and Ben to join the fray for a visit. Since all are in close proximity, we can see them on a whim generally. An
Easter Bash is planned with all coming to Pampy and Uma’s . The outlook is good for weather and we are likely to have lots of outside time.(probably no water balloons) but Rosie always asks about going swimming! They are all well and growing so fast. Jimmy’s speech has greatly improved. I can understand him most of the time. Rosie can sometimes interpret. In spite of the school conditions, Leo and Claire continue to thrive even with the limited in school setting.

Home Front News

I have been doing a lot of small projects: replaced the defunct lighting in the rear yard, reorganized the garage. I can not only get a car in comfortably, I can find all my tools! New carpets placed in the family room, new carpet runner down the basement steps. I have designs on reconstructing the pad for my garbage cans. I would like to find a bin to store them but most I see are so overwhelming large and darn expensive. I would like to hide the cans as they are quite visible. Although the boro has dictated that I can’t have them in their present location, they haven’t enforced the ordinance. Those cans have been in that location since this home was built! I will have to get serious about making a change to the pad and getting a storage bin there, it would be a nice improvement. Haven’t got the room darkening blinds in the family room yet nor have I found a set of speakers to finish the surround.

Until next month,

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