{"id":8805,"date":"2009-06-07T11:03:36","date_gmt":"2009-06-07T18:03:36","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=8805"},"modified":"2009-06-07T11:03:36","modified_gmt":"2009-06-07T18:03:36","slug":"is-rice-a-roni-really-a-san-francisco-treat","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8805\/is-rice-a-roni-really-a-san-francisco-treat\/","title":{"rendered":"Is Rice A Roni Really a San Francisco Treat?"},"content":{"rendered":"

Just think about my disappointment when I entered a prominent San Francisco eatery seeking the most coveted food stuff, only to find it was neither a specialty nor an item on the menu!<\/p>\n

Yet again, I was bamboozled.<\/p>\n

What ever happened to truth in advertising?<\/p>\n

Perhaps my San Francisco mishap taught me to be perhaps a bit less gullible.\u00a0 When I see a claim, even a statement of fact, I figure it might be important to do some more digging.<\/p>\n

Let’s take NAR’s recent press release regarding Pending Home sales<\/a>, up 6.7% from a year ago last year.\u00a0 Sounds encouraging – and let’s face it, we all could use encouraging news.\u00a0 But what does the increase really mean?<\/p>\n

Let’s take a look at the data behind the aggregated index of 6.7% that NAR published:<\/p>\n

\"NAR

NAR Pending Home Sales Index<\/p><\/div>\n

While 6.7% sounded encouraging, I am not necessarily convinced that it means we are anywhere near out of the woods.\u00a0 Why?\u00a0 Because if you look at the seasonally adjusted for the West and South, areas that have the highest concentrations of inventory and loss of value, the numbers don’t seem to be telling the same encouraging news.<\/p>\n

Here’s why.\u00a0 Take Las Vegas for example:<\/p>\n

\"Single

Single Family Home Inventory in Las Vegas per Altos Research<\/p><\/div>\n

There are about 15,661<\/strong> properties on the market in LAS VEGAS as of June 07, 2009.<\/p>\n

How about Phoenix:<\/p>\n

\"Single

Single Family Home Inventory in Pheonix per Altos Research<\/p><\/div>\n

There are about 7,816<\/strong> properties on the market in PHOENIX as of June 07, 2009.\u00a0 Definitely making progress, but still a fairly long way to go.<\/p>\n

What about Miami?<\/p>\n

\"Single

Single Family Home Inventory in Miami per Altos Research<\/p><\/div>\n

There are about 8,450<\/strong> properties on the Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Just think about my disappointment when I entered a prominent San Francisco eatery seeking the most coveted food stuff, only to find it was neither a specialty nor an item on the menu! Yet again, I was bamboozled. What ever happened to truth in advertising? Perhaps my San Francisco mishap taught me to be perhaps […]<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,10,30],"tags":[],"class_list":{"0":"post-8805","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","7":"category-realty-reality","8":"category-supplanting-the-nar","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8372,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8372\/caption-this-photo-todd-carpenter-at-the-nar-mid-year-flamboozlepalooza\/","url_meta":{"origin":8805,"position":0},"title":"Caption this: Todd Carpenter at the NAR Mid-Year flamboozlepalooza","author":"Greg Swann","date":"May 12, 2009","format":false,"excerpt":"My votes: \"MIBOR? That's above my pay grade.\" And: \"No, this is not a clip-on tie!\"","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9672,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9672\/queen-for-a-day\/","url_meta":{"origin":8805,"position":1},"title":"Queen for a Day","author":"Don Reedy, San Diego, CA","date":"September 6, 2009","format":false,"excerpt":"Stop whatever you're doing (and in this case you're reading my post), and make sure you've read Al Lorenz's most recent Pulitzer Prize winning article. Well, technically it's not a Pulitzer Prize winner, but when you consider this year's actual Pulitzer winners, I think Al's expose is as clear thinking,\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1728,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1728\/am-i-missing-something-the-nar-experience\/","url_meta":{"origin":8805,"position":2},"title":"Am I missing something? The NAR Experience.","author":"Kris Berg","date":"August 2, 2007","format":false,"excerpt":"Am I missing something? At the moment, I am conventioned out, one tired buckaroo. So, I am playing hookie this evening and, undoubtedly, missing out on some life-changing announcement. \"Zillow has made a $40 gazillion offer to purchase the San Diego Home Blog. Is Kris Berg in the audience?\" Nope.\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14358,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14358\/is-it-really-just-the-mls\/","url_meta":{"origin":8805,"position":3},"title":"Is It Really Just The MLS?","author":"Ryan Hartman","date":"March 29, 2011","format":false,"excerpt":"Greg's post a few minutes ago lit me up. I'm pretty sure that just like Greg a majority of NAR members pay their dues each year for just one reason: To get access to the local MLS system. If this is really true, then forcing changes at NAR or killing\u2026","rel":"","context":"In "Supplanting the NAR"","block_context":{"text":"Supplanting the NAR","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/supplanting-the-nar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2011\/03\/Screen-shot-2011-03-29-at-11.55.17-AM.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9116,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9116\/san-diego-dogs-when-bloodhoundblog-unchained-comes-to-san-diego-during-the-nar-convention-will-you-be-ready-to-stand-up-and-howl\/","url_meta":{"origin":8805,"position":4},"title":"San Diego dogs: When BloodhoundBlog Unchained comes to San Diego during the NAR Convention, will you be ready to stand up and howl?","author":"Greg Swann","date":"July 8, 2009","format":false,"excerpt":"When we wrapped up BloodhoundBlog Unchained in Phoenix, Brian Brady and I were already talking about doing an event in San Diego during the National Association of Realtors Convention. Since then, we've both gotten really busy, which makes planning for anything difficult. But: We're both bursting with lots of new\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.paypal.com\/en_US\/i\/scr\/pixel.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":2014,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2014\/trim-the-fatno-throw-away-the-meat-and-get-a-new-cow\/","url_meta":{"origin":8805,"position":5},"title":"Trim The Fat…No, Throw Away the Meat and Get a New Cow","author":"Brian Brady","date":"October 9, 2007","format":false,"excerpt":"Frank Nelson, writing for the Sunday LA Times, outlined the knowledge crisis that affects our industries today: \"About half our members have never seen a down market,\" said Colleen Badagliacco, president of the California Assn. of Realtors. Edward Barrios, an agent with Shorewood Realtors in Manhattan Beach, believes a \"gold-rush\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=8805"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8805\/revisions"}],"predecessor-version":[{"id":8810,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8805\/revisions\/8810"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=8805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=8805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=8805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}