Trust This. August 11, 2023

Land Trust | Asset Protection

Happy Friday! Today is National Play-in-the-Sand Day. As a child, we had a sandbox. Unfortunately, the local 🐱 cats, 🦝 raccoons, and other wildlife also enjoyed “playing” 💩 in the sand. So that didn’t last long. Fortunately, now, we live in the state with the most sandy border around. So get out there and play in the sand.

Situation Awareness: This week for real estate-related news and activity was slow. That could be attributable to the unbearable heat, kids returning to school, or the end-of-summer slow listing season. It means I have nothing of BFD interest to write about this week, so I will take a little break. However, since many of you have said you like the links to news stories from the week, I’m including those below.

1. Catch up fast

Land Trust | Asset Protection
  1. FHA’s 30-year interest rate hit 7.02%, the highest since 2002. CNBC

  2. Mortgage application volume dropped for the third straight week. by 3.1%. M Report

  3. Logan Mohtashami, the lead economic analyst at Housingwire Daily, discussed the steep drop in new active listings (a seasonal thing?). He also discussed whether the Fed is contemplating holding the line on rates for the foreseeable future. Housingwire Podcast.

  4. Dome-shaped homes are making a comeback because of their disaster resistance. Axios San Francisco

  5. Could America be moving away from the bathtub as a requirement to be counted as a “full” bathroom, as people remove tubs and enlarge showers to spa-like proportions? Axios Health

  6. Speaking of spas, home saunas are growing in popularity. However, you only have to walk outside to experience the same thing this time of year. Pool Magazine

  7. But the hottest new home spa amenity is the cold plunge pool. One would thrill any home buyer in this August heat. Daily Mail UK

2. Pic of the day

A gaggle of mannequins modeling Oscar de la Renta. Photo: Joe Seagle

I saw an ad this week that showed a man working late into the evening in his office. A voiceover said something to the effect of, “In 20 years, the only people who will remember how late you worked will be your kids.”

That got me thinking of vacations, so I opened the photos app on my phone and scrolled back to 2016 when we took a trip out to San Francisco.

We tend to wander around in different towns we visit, and this time we stumbled upon an exhibition of a 50-year retrospective of Oscar de la Renta’s work at the De Young Museum.

Experiences like this can never be taken away, and it reminded me that we need not lose sight of what’s important — the experience of life, rather than just work all the time.

And to experience life with loved ones makes it even better.

I’d forgotten how much I enjoy taking pictures like this when on vacation. I hope Mama don’t take my Kodacrhome away.

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Be on the lookout for our next issue! 👋


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