We used to go to California Fish Grill quite often when we lived in Irvine.
Haven’t been there for a long time, and I miss it.
After doctor appointment in Irvine, I stopped by to get lunch.
以前住在爾灣時，很常來California Fish Grill，
Kopan Ramen has almost 1,700 reviews on Yelp with 4 stars rating.
We were very much looking forward to try this place.
Unfortunately, this ramen place didn’t do it for us.
It was Monday night, and the restaurant was completely full with tons of people waiting.
The wait wasn’t too bad since turn around time per table is pretty quick.
We were seated in about 15 minutes.
I had a coupon for buy 1 sandwich/panini get 1 free from Corner Bakery Cafe.
After doctor’s appointment in Irvine, I stopped by at the Market Place location for lunch.
在爾灣看完醫生後，就彎到Market Place的這家分店買午餐。 (more…)
I haven’t bought Groupon for a long long time.
A few days ago, I went on to Groupon to see if there are any places with good deals.
I found Zewadeh Mediterranean Grill with a $15 for $20 deal and an extra 20% off coupon.
That makes it $12 to get $20 of food and drinks.
The restaurant has good reviews on Yelp.
So let’s give it a try.
The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2016:
根據全國房地產經紀人協會（NAR）表示，每年春天，出售房屋的供應量大大增加。 舉例說明，下圖為2016年初房屋庫存發生的情況： (more…)
Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.
So, what does this mean for homeowners and their equity position?
As an example, let’s assume a young couple purchases and closes on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The results of their latest survey:
There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home, plus the cost of financing that home. If mortgage interest rates increase, fewer people will be able to buy, and logic says prices will fall if demand decreases.
However, history shows us that this has not been the case the last four times mortgage interest rates dramatically increased.
Here is a graph showing what actually happened: