New Home Sales and Case-Shiller Numbers Easily Misunderstood

This week, two important real estate numbers were reported that had a positive spin put on them that wasn’t really warranted. 

First, New Home Sales were announced for the Month of June by the Census Bureau.  Last month, the May number was reported at 300,000 homes (on an annualized basis) and the forecast was for the sales rate to be at 310,000 homes (annualized) in June, providing an average for the two months of a 305,000 sales rate.  The June number surprised to the high side, coming in at 330,000 which helped spark the market on Monday.  The problem?  The May number was revised downward to 267,000 to provide an average for the two months of 298,000 homes, LOWER than the forecast.  I don’t know why the initial forecast was off by 11% for May.  It could be that since new home sales are calculated when the contract is signed and not when the sale closes, many of the sales cancelled.  If that’s the case,  I would think that the Census Bureau would have allowed for that.  It’s a pretty big mistake, and hopefully we don’t see it again next month.  I like the fact that the government was able to put a positive spin on a negative number, but surprised that the press didn’t question it at all.

The second number was the Case-Shiller Home Prices Index that was released on Wednesday.  The 10 city composite was up 5.4% and the 20 city composite was up 4.6% compared to a year ago.  Case-Shiller is a great index and tool for tracking the real estate market and I know a lot of large banks and investors rely on it because it actually looks at sales of the same home over different periods rather than a median which changes as the size and type of home change.  This makes it a very reliable number.  The weakness is that it is not able to track recent trends.  The reason is that it is a 3 month moving average with a 2 month lag.  In other words, the numbers that were reported up on July 27th were the months of March, April and May – the end of the tax credit when people were paying more than homes were worth to capture the tax credit.  We won’t see the result of the end of the tax credit until the July, August, and September numbers come out in late November. 

So, while I welcome the good press for the real estate market, tread carefully; there was more to the story.

Monday Morning Coffee

A Sink Hole in San Diego or Why I Have to be Good at Real Estate

Good morning,

I hope you had a great weekend.  Ours was a little slow with only one open house and activity generally slow, Cori and I actually were able to see a movie – Early Grammy betting tip: Salt will not win best picture.  Those of you who have read the last couple of Coffees will remember that I am slooooowwwwlllllyyyyy converting our “spray everything including the side of the house” sprinkler system to a drip system.  Well, it slowed down again this week when I discovered a small sink hole in my back/side yard. 

Now, I am brave enough to try and conserve some water and be more efficient in my application thereof, but when it comes to undermining the integrity of the hardscape in the backyard, I draw the line.   So, I called the gardener in (he is not the same that installed the original system) and fortunately the problem was that the initial contractor did not use much glue at a specific joint and the increased pressure from capping some of the sprinklers caused the joints to slip out.  He quickly fixed it and there should be no more problems…unless there are more joints with insufficient glue. 

Hmm.  I think I will proceed slowly.

Speaking of slowly, how about that real estate market?  This morning, the Census Bureau is set to announce the number of new home sales in June.  When the May number came out is was 30 something percent under last year and increased the worry for a double dip recession.  Well, if you want to sound smart this morning – it’s going to be low again.  So show off at the coffee machine and predict about a 30-35% drop from last year with  the numbers being close to May of this year (the reason is that the tax credit sucked all the demand into the early part of the year).    The residential resale side is really slowing also (at least in San Diego).  Last July, we sold about 2,900 homes throughout the county and last month it was just over 3,000.  Right now, with five workdays to go and sixteen behind us, we have 1,591 closed.  My guess is that we close about 2,350 for the month which would be about a 20% drop from last year .  I expect the homes in escrow will be about the same at the end of the month as last month, indicating the liklihood that August will bel slow also.

With this slowdown, there are some good opportunities for patient investors – and there will be more coming down the line.  I think the end of this year will provide some excellent opportuntites for investors looking for one or two properties in San Diego.  For people buying a home, I don’t think there is a problem buying a home now, as long as you are planning on staying several years.  Yes, the market is going to go down a bit, but if you have found the right house for your family, there is no guarantee it will be there once the market falls a little, and these rates are incredible.

No new listings this week, so time for the Coffee:

A Healthy Life

  by: Jaye Lewis

I’ve never been an athlete. I’ve never been much interested in sports, ever since I stopped playing touch-football with the boys, when I hit puberty. I’ve tried tennis. I hit the ball too high, too long, and way over into left field. I’ve tried softball. Thank goodness that ball is “soft” and big, because it felt just awful when it hit me in the eye. I tried running, but I couldn’t get anyone to chase me.

I tried swimming, but even though I float like a cork, and have had numerous lessons, I can’t seem to get over the idea, that I’m really going to drown. Finally, I settled on walking, and for a number of years, I walked 3 to 5 miles a day. I realize that there is an Olympic sport referred to as “walking,” but when I tried that, all I succeeded in doing was throwing my hip out.

I’m definitely NOT an athlete, but I make do, especially in my “mid-life” years. Which brings a question to my mind. When did I hit mid-life? I remember when I hit thirty. I had to visit a grief counselor, because I knew my life was over. I remember forty. I had to see a grief counselor, the day after my first child graduated from high-school and moved out of the house, because I knew my life was over. I remember forty-four. For some reason I thought my life was over. Then I hit fifty, and I was all excited, because I was able to join an organization called AARP. My husband was, especially, excited because he is younger than I, and he got to join, too!

Fifty became the magic age. I knew that as long as I was in good health, in this day and age, I probably had a good fifty years ahead of me. Then came the asthma. O.K., I had that much earlier, but it only became life threatening after fifty. Then came the firbromyalgia. O.K., I had THAT earlier, but it’s not life threatening. Then came the arthritis, and, more recently, at fifty-five, came the diabetes. Somewhere, along in there, I became very interested in pharmaceuticals, and, finally, one day, I became free.

I began by noticing the sunsets, and I had the time to stop and really wonder, at the beauty and the magnitude of it all. Then I moved onto the sunrises, and I quickly found out that if I wasted the early morning, I missed the loveliest part of the day. Then I began to notice how grateful I was to be able to witness the changing of the seasons. The first whisper of spring; the rustling of the leaves beneath my feet, in the fall; that first breathless covering of a winter’s snow; and in the summer, all the flowers, and the buzzing of a bumblebee.

When illness would hit me, I found that I, actually, enjoyed the solitude. A time to reflect, gather my thoughts, and pray, at leisure. I found that I was “experiencing” this mid-life season, and I was no longer missing every moment, shackled to the chains of worry, and what “might” be. I found that worrying about tomorrow, only served to make me overlook the blessings of today.

It’s not always easy. A few loads of laundry, and a pile of dishes can take an entire day; but then I don’t push myself a lot. So, I forget to make the bed, as I watch the rosy glow of dawn meet the rising sun. I have time to walk our little, wooded acre with my little dachshund straining at the leash. I get to read the “signs,” with my Happy Dog, sniff the air, and gaze out at nowhere, studying the sky, with the same intensity that my little dog studies the ground.

I get to meet the day, every day. I get to say “good-night,” to the sunsets. I’ve studied a lot of sunsets, in the last five years, and I’ve never seen two that were alike. I get to know my Creator as I never have before, and I’ve gotten to make MY mind up, about the mysteries of life; and I have grown certain, that all this was no accident.

I feed the birds, and I take great delight in their multicolored hues, especially in the spring. I drag a chair to stand on, so that I can fill the feeders to the brim, myself. I say a little prayer, as I wobble, a little cock-eyed on the chair, and I laugh, at myself, and all the pretensions of my younger life. I take great delight in my life. I thank God for all the precious little things of every day. Friends. Family. Neighbors. And health. A health of the soul. For I have come to understand what real health is, and when you have REAL health, then you truly have everything.

Have a Great Week!

Scott

Monday Morning Coffee

Battle with the Drip System  (or why I should stick to Real Estate)

Good morning,

I hope you had a nice weekend.  It’s been nice to have the sun come back out the last week – although it feels like it is trying to make up for lost time.   In the further mis-adventures of Scott and the drip system, it seems like there was a bit too much pressure and on Wednesday morning while James, the pool guy, was cleaning the pool and I was about to jump in the shower there was a loud “pop” as one of the valves failed.  James almost ended up in the pool (it sounded like a gun shot) and pieces of the valve ended up in opposite directions 30 feet from where they were supposed to be – and I ended up at Home Depot again.

On the real estate side, things continue to slow down.  In July of 2009, we closed over 2,800 homes in San Diego County.  So far this month (11 of the 21 business days completed) we have closed 1,008.  The number in escrow is also down, from over 7,000 to just over 5,200 this year.  Call volume is also down significantly just when it should be picking up for the summer.  I am more solidly in the camp of – another dip in real estate and just hoping it bounces back early next year.  This could be great for investors as rates remain low the forth quarter could bring some great opportunities.

We don’t have any new listings this week, so let’s skip straight to the coffee -

Lessons Learned

Author Unknown

Have a Great Week!

Scott

Monday Morning Coffee
Real Estate Slowdown Ahead

Good morning,
I hope you had a great weekend – and for those of you who extended the 4th of July weekend into a weeks vacation – congratulations. Now, get back to work:-)

The market has definitely slowed, which has allowed me to get to a couple of projects around the house. We had planted a few vegetables and we have a spaghetti squash and butternut squash plants that have taken over the side yard and are about to try and break into the house. This made me finally tackle the sprinkler system in the yard – trying to convert it to a drip so I stop wattering the house and patio. Of course, only when I got to Home Depot did I realize that I did not even know how much I did not know about what I was trying to do. Four trips back and forth and eight sprinklers (about 40 to go) have been transitioned to drip or capped off – and only three of them leak.

But I digress from the main point, and that is that the only reason I have time to do this is the market has slowed down. Two weeks ago (I took last Monday off too) I said that things felt like they were slowing down. In July of 2009, we sold over 2800 homes. So far, 6 business days into a 21 day month, we have 475 sold. Now, the homes in escrow have increased by 300 so far this month, which might indicate that closings will ramp up at the end of the month, but I still think we could be down by about 20-25%. I hope I am wrong, but it sure feels slow out there. It is moving to a buyers’ market and I think now is the wrong time to try and squeeze every last dollar out of your home if you are selling. The risk/reward of holding out over the summer is not in the sellers favor right now.

That said, we have three great listings to tell you about – should have been four, but we bucked the trend and sold one of them last week:

3 bed townhome in 4S Ranch. This home is in the Gianni complex on the north side of 4S Ranch and is impeccably updated. Walking distance to Monterey Ridge, the Gianni complex is very popular for young families with elementary aged children. The home is priced at $429k.

South 4S Ranch View Home – This is one of two homes we have on Lone Bluff Way. This home is 4 beds, 3 1/2 baths, almost 2,900sf and a great view of Black Mountain. The yard is big enough for a pool. It is priced at $720k and we have 2 offers in. It will likely be gone by Monday evening. So if you are interested, let us know ASAP.

4 bed with loft – This is the other home available on Lone Bluff Way. It has a bedroom dowstairs as well as 3 beds and a large loft upstairs. It is over 3,200 sf of living space on a great cul-d-sac on the south side of 4S Ranch. Asking price is $745k.

That’s it for this week. Enjoy the Coffee (and tell all your friends to help the market and buy a house!)

This week’s edition comes because of those darn books you read to 4 year olds. You know, the ones you can’t get out of your head. Interestingly, there is sometimes more to learn from children’s books than from “adult” books. So, here is some wisdom from Theodore Geisel:

• A person’s a person, no matter how small.
• You have brains in your head. You have feet in your shoes. You can steer yourself, any direction you choose.
• Don’t cry because it’s over. Smile because it happened.
• Today is your day! Your mountain is waiting. So… get on your way.
• If you never did, you should. These things are fun, and fun is good.
• And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed.
• Sometimes the questions are complicated and the answers are simple.
• All alone! Whether you like it or not, alone is something you’ll be quite a lot.
• The more that you read, the more things you will know. The more that you learn, the more places you’ll go.
• Today was good. Today was fun. Tomorrow is another one.
• Unless someone like you cares a whole awful lot, nothing is going to get better. It’s not.
• I’m afraid sometimes you’ll play lonely games too, games you can’t win because you’ll play against you
• I’m sorry to say so but, sadly it’s true that bang-ups and hang-ups can happen to you
• I know up on the top you are seeing great sights, but down at the bottom we, too, should have rights.

By Theodore Geisel (aka Dr. Seuss).

Cmon, I can’t be serious every week,

Scott Voak

San Diego Home Inventory Rises – Sales Fall

*Note that this data is from the SANDICOR MLS as of July 5, 2009 and does not include homes sold by builders that were not sold through the MLS (New Construction) nor homes sold at Trustee Sale (Foreclosures).

Current numbers shown for June 2010 San Diego Home Sales indicate both a rise in supply and a drop in demand.  The combined affect is an increase inventory (as measured by months required to sell the existing homes for sale at the sales rate of the past year) of 19% over 12 months ago (although at 4.3 months, it is still not at a level that can be considered high).  The specific numbers are:

• There were 3,004 homes sold in June of 2010 as compared to 3,288 a year ago and 3,219 in May of 2010.
  • After last month’s drop in homes that were in escrow, this was to be expected.  Although, it is still dissappointing in that we all hoped the tax credit would help keep demand going through June.
• At the end of the month there were 12,175 homes on the market as opposed to 9,443 a year ago and 11,257 at the end of May, 2010.
  • This was caused by a combination of fewer homes going into escrow (lower demand) and the normal increase in inventory we see over the summer.  Both are expected as the tax credit expiring removed the urgency to purchase for a lot of first time home buyers (similar to when Cash for Clunkers expired for cars, we will likely see an extended period of below average demand for houses now that the tax credit has expired).
• Homes in escrow dropped to 4,961 from 6,862 a year ago and 5,546 in May of 2010. 
  • In the last two  months, the number of homes in escrow has dropped 23%, which points to continued slowness.
• Homes that are “Contingent” fell by 5% in June.  This is  a designation most commonly used for short sale homes that are awaiting bank approval of an offer and might mean that the banks are in fact getting better an processing short sales in a timely fashion.

Front of Condo

Fallbrook Short Sale condo

For those of you looking for a small real estate investment, try this one:

• 2 Bedroom (dual master) condo on Gird Rd that sold in June of 2005 for $355,000 owner then re-did the kitchen with granite counters and new appliances.
• Will rent for $1,300 – $1,400 – the rear entrance to Camp Pendleton is nearby.
• HOA is $200/mo and there are no Mello-Roos.
• It is a short sale and I think I can get it approved between $170k and $180k. 
• With 25% down, it looks like worse case it is break even cash flow and best case it is a 4% return on invested cash

No, it’s not the perfect unit.   Yes, there is road noise.  No, you are not going to want to retire into it.

It’s an investment.  With cash flow.  And upside.

Kitchen

So, if you are looking for an investment in San Diego that you can get with 25% down as a small investor and get it for about 50% of the price paid in  2005 (with a kitchen re-model thrown in since then), give me a call.

Monday Morning Coffee

Good morning,

I hope you had a nice weekend.  I learned that cooking ribs on the BBQ while swimming in the pool is a great way to end up with ribs that resemble charcoal in both look and taste. 

We had a couple of open houses this weekend and traffic was decent – not like what we have been seing, but not “sky is falling” bad either.  That is generally the feeling I get from other agents also, it has slowed down, but there are still buyers out there, despite the end of the tax credit.  Countywide, the trend I talked about last week is continuing – more and more homes on the market and a slowing sales rate.  

We still have the largest issue at the high end (over $1M) where there have been 708 sales in the last 6 months and there are 2,168 homes on the market (18 months inventory).  Until jumbo loans become more readily available, this number is not likely to go down much.

We have one new listing on the market this week, but the web site is not yet up for it.  If you are interested, it is a 4 bedroom, 3200+ sf home on the north side of 4S Ranch.  It is a short sale and is priced at $700k.  The owners have taken great care of the property and it shows very well.  

Next week, we will have a 3 bedroom 1,600+sf home in High Country West (West Rancho Bernardo) available.

That’s it – enjoy the coffee!

Lesson in Unconditional Acceptance

by Brenda

I am a mother of three (ages 14, 12, 3) and have recently completed my college degree. The last class I had to take was Sociology. The teacher was absolutely inspiring with the qualities that I wish every human being had been graced with. Her last project of the term was called “Smile”. The class was asked to go out and smile at three people and document their reaction.

I am a very friendly person and always smile at everyone and say hello anyway…..so, I thought, this would be a piece of cake (literally).

Soon after we were assigned the project, my husband, youngest son, and I went out to McDonalds, one crisp March morning. It was just our way of sharing special play time with our son.

We were standing in line, waiting to be served, when all of a sudden everyone around us began to back away, and then even my husband did. I did not move an inch…an overwhelming feeling of panic welled up inside of me as I turned to see why they had moved.

As I turned around I smelled a horrible “dirty body” smell…and there standing behind me were two poor homeless men. As I looked down at the short gentleman, close to me, he was “smiling”…his beautiful sky blue eyes were full of God’s Light as he searched for acceptance.

He said, “Good day” as he counted the few coins he had been clutching. The second man fumbled with his hands as he stood behind his friend. I realized the second man was mentally deficient and the blue eyed gentle man was his salvation. I held my tears……as I stood there with them.

The young lady at the counter asked him what they wanted. He said, “Coffee is all Miss” because that was all they could afford (to sit in the restaurant and warm up they had to buy something…they just wanted to be warm).

Then I really felt it…the compulsion was so great I almost reached out and embraced the little man with the blue eyes. That is when I noticed all eyes in the restaurant were set on me…judging my every action. I smiled and asked the young lady behind the counter to give me two more breakfast meals on a separate tray. I then walked around the corner to the table that the men had chosen as a resting spot.

I put the tray on the table and laid my hand on the blue eyed gentleman’s cold hand. He looked up at me, with tears in his eyes, and said, “Thank you”. I leaned over, began to pat his hand and said, “I did not do this for you…God is here working through me to give you hope”. I started to cry as I walked away to join my husband and son. When I sat down my husband smiled at me and said, “That is why God gave you to me honey….to give me hope”. We held hands for a moment and at that time we knew that only because of the Grace were we able to give …..

We are not church goers but we are believers. That day showed me the pure Light of God’s sweet love.

I returned to college, on the last evening of class,with this story in hand. I turned in “my project” and the instructor read it….then she looked up at me and said, “Can I share this?” I slowly nodded as she got the attention of the class. She began to read and that is when I knew that we as human beings (part of God) share this need to heal.

In my own way I had touched the people at McDonalds, my husband, son, instructor, and every soul that shared the classroom on the last night I spent as a college student. I Graduated with one of the biggest lessons I would ever learn….unconditional acceptance……after all….we are here to learn!

Have a Great Week!

Scott Voak

Monday Morning Coffee

May Home Sales

Good morning,

I hope you had a great weekend.  Mine is rapidly coming to a close and there is still much to do, so this will be short this week.

Now that most of the reporting is done for May, the numbers are a little clearer for San Diego County. 

• There were over 3200 homes sold in May which was up 11% over 2009 and 10% over April.  This was to be expected as first time home buyers pushed out April closings to May to take advantage of the state tax credit.
• The number of homes in escrow at the end of the month fell to just over 5500, a 26% drop over 2009 and a 14$ drop over the end of April.  Once again, this was expected as the federal tax credit pulled a lot of demand forward, and now that it has expired, the demand will be less than it otherwise would have been through the summer.
• Inventory as measured by homes that are: Listed for sale, shown as Contingent or Pending, divided by the last 12 months sales increased by 8% over last year to 7.5 months – the first increase since September of 2008.  If measured using only the “Active” listings, inventory still sits at 4 months, which is even with last year.

Ok, so much for the quick analysis.  We have one new listing this week.  It is a short sale condo and as such the photos are not as good as they could be, but it is a great opportunity to look at a 2 bedroom starter condo for under $300k. This home went on the market last week with first showings at the open house Sunday.  We already have one offer, so if you are interested, please let me know asap.

That’s it, nice and short this week.  Enjoy the Coffee – this week, in honor of our graduates, an excerpt that supposedly came from a Bill Gates graduation speech.

On the rules of life for graduates.
RULE 1.

Life is not fair; get used to it.

RULE 2.

The world won’t care about your self-esteem. The world will expect you
to accomplish something BEFORE you feel good about yourself.

RULE 3.

You will NOT make 40 thousand dollars a year right out of high school OR
college. You won’t be a vice-president with a car phone, until you earn
both.

RULE 4.

If you think your teacher is tough, wait until you get a boss. He
doesn’t have tenure.

RULE 5.

Flipping burgers is not beneath your dignity. Your grandparents had a
different word for burger flipping; they called it opportunity.

RULE 6.

If you mess up, it’s not your parents’ fault, so don’t whine about your
mistakes, learn from them.

RULE 7.

Before you were born, your parents weren’t as boring as they are now.
They got that way from paying your bills, cleaning your clothes and
listening to you talk about how cool you are. So before you save the
rain forest from the parasites of your parents’ generation, try
“delousing” the closet in your own room.

RULE 8.

Your school may have done away with winners and losers, but life has
not. In some schools they have abolished failing grades; they’ll give
you as many times as you want to get the right answer. This doesn’t bear
the slightest resemblance to ANYTHING in real life.

RULE 9.

Life is not divided into semesters. You don’t get summers off and very
few employers are interested in helping you find yourself. Do that on
your own time.

RULE 10.

Television is NOT real life. In real life people actually have to leave
the coffee shop and go to jobs.

RULE 11.

Be nice to nerds. Chances are you’ll end up working for one.

 Have a Great Week!

Scott Voak

858 688 0189

Monday Morning Coffee

Memorial Day Tribute

Good Morning,

I hope you had a nice Memorial Day.  This is running a day late as, well – it was a holiday.  Although the month is not officially over yet, a quick peek at the sales numbers for May showed some of the expected results, but also some that were not expected:

• There are 11,257 homes currently on the market.  This is 10% more than at this time last year and is the first time in 24 months that inventory has grown.
• The number of closed homes is slightly behind last May, but I expect that to change as the reporting closes out this week.  The surprise here is that that number was expected to be higher than last year due to the expiring tax credit and the fact that some people pushed their April closings into May to take advantage of the State tax credit. 
• The number of homes in escrow fell significantly.  Down 21% from last year and 8% from just last month.  This combined with the lower than expected closings in May is a little worrisome for sales moving forward.

Next week I will take another look at the numbers as reporting should be finished and they will be a little more solid.

Also next week, I will have one or two new condo listings for you.  We just need to get them all pretty for pictures.

That’s it, enjoy the Memorial Day Coffee.  I checked it out and it has been verified as true – I hope you stopped for a moment yesterday to give thanks to those for whom we were celebrating.

 Diary Of A Last and Final Flight Home

February 17, 2007,
0350
I was at curbside at 24th and M, Washington DC . 16 Degrees with a light breeze. Going home after my second week of freezing temps to my warm home in SoCal. Take a walk on the beach, ride a horse, climb a mountain and get back to living. I’m tired of the cold.

0425
paying the taxi fare at Dulles in front of the United Airlines counter, still cold.

0450
engaged the self-serve ticker machine and it delivers my ticket, baggage tag and boarding pass. Hmmm, that Marine over there is all dressed up in his dress blues a bit early this morning… “Good Morning Captain, you’re looking sharp.” He says, “Thank you, sir.”

Pass Security and to my gate for a decaf coffee and 5 hours sleep. A quick check of the flight status monitor and UA Flt 211 is on time. I’m up front, so how bad can that be? Hmmm, there’s that same Marine. He must be heading to Pendleton to see his lady at LAX for the long weekend, all dressed up like that. Or maybe not. I dunno.

The speaker system announces “Attention in the boarding area, we’ll begin boarding in 10 minutes, we have some additional duties to attend to this morning, but we’ll have you out of here on time.”

The Marine Captain has now been joined by five others. BINGO, I get it, he’s not visiting his lady, he’s an official escort. I remember doing that once, CACO duty. I still remember the names of the victim and family, The Bruno Family in Mojave – all of them, wows, that was 24 years ago.

On board, 0600:
“Good morning folks, this is the Captain. This morning we’ve been attending to some additional duties, and I apologize for being 10 minutes late for push back, but I believe we’ll be early into LAX. This morning it is my sad pleasure to announce that 1st LT Jared Landaker, USMC will be flying with us to his Big Bear home in Southern California. Jared lost his life over the skies of Iraq earlier this month, and today we have the honor of returning him home along with his mother, father and brother . Please join me in making the journey comfortable for the Landaker family and their uniformed escort. Now sit back and enjoy your ride. We’re not expecting any turbulence until we reach the Rocky Mountain area, but we’ll do what we can to ensure a smooth ride. For those interested, you can listen in to our progre ss on Channel 9.”

Click Channel 9: “Good morning UA 211. You are cleared to taxi, takeoff and cleared to LAX as filed.”

4 hours and 35 minutes later over Big Bear MT, the AB320 makes a left roll, a steep bank and then one to the right-Nice touch. Nice tribute. Five minutes out from landing, the Captain comes on the speaker: “Ladies and Gents, after landing I’m leaving the fasten seatbelt sign on, and I ask everyone to please yield to the Landaker family. Please remain seated until all members of the family have departed the aircraft. Thank you for your patience. We are 20 minutes early.”

On roll out, I notice red lights, emergency vehicles approaching. We’re being escorted directly to our gate, no waiting, not even a pause. Out the left window, a dozen Marines in full dress blues. A true class act by everyone, down to a person. Way to go United Airlines for doing things RIGHT, Air Traffic Control for getting the message, and to all security personnel for your display of brotherhood.

When the family departed the aircraft everyone sat silent, then I heard a lady say,”God Bless you and your family, and thank you.” Then a somber round of applause. The Captain read a prepared note from Mrs. Landaker to the effect, “Thank you all for your patience and heartfelt concern for us and our son. We sincerely appreciate the sentiment. It’s good to have Jared home.”

After departing the a/c I found myself along with 30 others from our flight looking out the lobby window back at the plane. Not a dry eye. It was one of the most emotional moments I’ve ever experienced. We all stood there silently, and watched as Jared was taken by his honor guard to an awaiting hearse. Then the motorcade slowly made it’s way off the ramp.

I realized I had finally seen the silent majority. It is deep within us all. Black, Brown, White, Yellow, Red, Purple, we’re all children, parents, brothers, sisters, etc – we are an American family.

Official Report: February 7, 2007, Anbar Province, Iraq .. 1st LT Jared Landaker United States Marine Corps, from Big Bear California, gave his live in service to his country. Fatally wounded when his CH-46 helicopter was shot down by enemy fire. Jared and his crew all perished. His life was the ultimate sacrifice of a grateful military family and nation.

His death occurred at the same time as Anna Nicole Smith, a drug using person with a 7th grade education of no pedigree who dominated our news for two weeks while Jared became a number on CNN. And most unfortunately, Jared’s death underscores a fact that we are a military at war, not a nation at war. It has been said that Marines are at war. America is at the mall.

1st LT Landaker, a man I came to know in the sky’s over America on 17 February 2007, from me to you, aviator to aviator, I am unbelievably humbled. It was my high honor to share your last flight. God bless you.

Semper Fi

Stuart Witte

Have a Great Week – because you can,

Scott Voak

Monday Morning Coffee

Good morning,

I hope you had a great weekend.  Things are a bit crazy here as Kim, my assistant has been on vacation – have to remember to remove employee vacations from the program because I am dead beat.  As with last week, the number of homes put into escrow this month is trailing last month by about 25%, but we are all busy getting those that went in last month to close.  I have two new listings for you this week:

Santaluz Condo – This is a condo in the Sycamore Walk development nestled between Santaluz and Rancho Santa Fe.  It features 3 beds, 2.5 baths and over 1,400 sf of living space.  It is highly upgraded with wood and travertine floors and crown molding throughout.  The home is priced at a range of $400k – $420k.

4S Ranch Condo - Very similar to the home above, but located a little east in 4S Ranch.  This Ravenna condo has 3 beds, 2.5 baths and over 1,400 sf of living space.  Features hardwood floors, crown molding, and plantation shutters.  The home is priced at a range of $400k – $430k.

Also – it looks like we are going to have a short sale on a fantastic unit available.  3 beds + loft and over 1600sf.  We need the strongest patient buyer on this one, so if you know someone looking to get into 4S Ranch, please have them call me asap.

That’s it, enjoy the Coffee!

The Miracle of a Brother’s Song

Like any good mother, when Karen found out that another baby was on the way, she did what she could to help her 3-year-old son, Michael, prepare for a new sibling. They found out that the new baby was going be a girl, and day after day, night after night, Michael sang to his s sister in Mommy’s tummy. He was building a bond of love with his little sister before he even met her.

The pregnancy progressed normally for Karen, an active member of the the Creek United Methodist Church in Morristown, Tennessee. In time, the labor pains came. Soon it was every five minutes, every three, every minute. But serious complications arose during delivery and Karen found herself in hours of labor. Would a C-section be required?

Finally, after a long struggle, Michael’s little sister was born. But she was in very serious condition. With a siren howling in the night, the ambulance rushed the infant to the neonatal intensive care unit at St. Mary’s Hospital, Knoxville, Tennessee.

The days inched by. The little girl got worse. The pediatrician had to tell the parents there is very little hope. Be prepared for the worst. Karen and her husband contacted a local cemetery about a burial plot. They had fixed up a special room in their house for t heir new baby they found themselves having to plan for a funeral. Michael, however, kept begging his parents to let him se his sister. I want to sing to her, he kept saying. Week two in intensive care looked as if a funeral would come before the week was over. Michael kept nagging about singing to his sister, but kids are never allowed in Intensive Care. Karen decided to take Michael whether they liked it or not. If he didn’t see his sister right then, he may never see her alive. She dressed him in an oversized scrub suit and marched him into ICU. He looked like a walking laundry basket. The head nurse recognized him as a child and bellowed, ” Get that kid out of here now. No children are allowed.” The mo ther rose up strong in Karen, and the usually mild-mannered lady glared steel-eyed right into the head nurse’s face, her lips a firm line. He is not leaving until he sings to his sister” she stated. Then Karen towed Michael to his sister’s bedside. He gazed at the tiny infant losing the battle to live. After a moment, he began tossing. In the pure-hearted voice of a 3-year-old, Michael sang: “You are my sunshine, my only sunshine, you make me happy when skies are gray.” Instantly the baby girl seemed to respond. The pulse rate began to calm down and become steady. “Keep on singing, Michael,” encouraged Karen with tears in her eyes. “You never know, dear, how much I love you, please don’t take my sunshine away. “As Michael sang to his sister, the baby’s ragged, strained breathing became as smooth as a kitten’s purr. “Keep on singing, sweetheart.”

“The other night, dear, as I lay sleeping, I dreamed I held you in my arms”. Michael’s little sister began to relax as rest, healing rest, seemed to sweep over her. “Keep singing, Michael.” Tears had now conquered the face of the bossy head nurse. Karen glowed. “You are my sunshine, my only sunshine. Please don’t take my sunshine away…” 

The next, day…the very next day…the little girl was well enough to go home. Woman’s Day Magazine called it The Miracle of a Brother’s Song. The medical staff just called it a miracle. Karen called it a miracle of God’s love.

Like any good mother, when Karen found out that another baby was on the way, she did what she could to help her 3-year-old son, Michael, prepare for a new sibling. They found out that the new baby was going be a girl, and day after day, night after night, Michael sang to his s sister in Mommy’s tummy. He was building a bond of love with his little sister before he even met her.The pregnancy progressed normally for Karen, an active member of the the Creek United Methodist Church in Morristown, Tennessee.

In time, the labor pains came. Soon it was every five minutes, every three, every minute. But serious complications arose during delivery and Karen found herself in hours of labor. Would a C-section be required?  Finally, after a long struggle, Michael’s little sister was born. But she was in very serious condition. With a siren howling in the night, the ambulance rushed the infant to the neonatal intensive care unit at St. Mary’s Hospital, Knoxville, Tennessee.

The days inched by. The little girl got worse. The pediatrician had to tell the parents there is very little hope. Be prepared for the worst. Karen and her husband contacted a local cemetery about a burial plot. They had fixed up a special room in their house for t heir new baby they found themselves having to plan for a funeral.  Michael, however, kept begging his parents to let him se his sister.  I want to sing to her, he kept saying. Week two in intensive care looked as if a funeral would come before the week was over. Michael kept nagging about singing to his sister, but kids are never allowed in Intensive Care. Karen decided to take Michael whether they liked it or not. If he didn’t see his sister right then, he may never see her alive. She dressed him in an oversized scrub suit and marched him into ICU. He looked like a walking laundry basket. The head nurse recognized him as a child and bellowed, ” Get that kid out of here now. No children are allowed.” The mother rose up strong in Karen, and the usually mild-mannered lady glared steel-eyed right into the head nurse’s face, her lips a firm line. He is not leaving until he sings to his sister” she stated. Then Karen towed Michael to his sister’s bedside.

He gazed at the tiny infant losing the battle to live. After a moment, he began tossing. In the pure-hearted voice of a 3-year-old, Michael sang: “You are my sunshine, my only sunshine, you make me happy when skies are gray.” Instantly the baby girl seemed to respond. The pulse rate began to calm down and become steady. “Keep on singing, Michael,” encouraged Karen with tears in her eyes. “You never know, dear, how much I love you, please don’t take my sunshine away. “As Michael sang to his sister, the baby’s ragged, strained breathing became as smooth as a kitten’s purr. “Keep on singing, sweetheart.”"The other night, dear, as I lay sleeping, I dreamed I held you in my arms”. Michael’s little sister began to relax as rest, healing rest, seemed to sweep over her. “Keep singing, Michael.” Tears had now conquered the face of the bossy head nurse. Karen glowed. “You are my sunshine, my only sunshine. Please don’t take my sunshine away…” The next, day…the very next day…the little girl was well enough to go home. Woman’s Day Magazine called it The Miracle of a Brother’s Song. The medical staff just called it a miracle. Karen called it a miracle of God’s love. 

 The baby was named Marlee and as of August, 2008, she is a 16-year old high school student who describes herself as “just like any other teenage girl.”  She told TruthOrFiction.com that she sings in her church choir as well as school choir and is a student athletic trainer for her high school’s athletic department.

 Have a Great Week!

Scott

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