Wrists for Obama!

Isn't it nice to have a President that can inspire people? So many artists have felt compelled to honor the occasion of Obama's inauguration with an original piece or two, and here is no exception. A bracelet by a San Diego based artist found it's way to my wrist, and I got so many comments on it, and enjoyed it so much, I knew I had to write a blurb. Her bracelets are handmade, each its own design. The one pictured here is much different than mine. If you would like to get one, you can contact her @ picarogallery@gmail.com

Tell her Laurel sent you!

History Repeats Itself, Brace Yourself!

Daily Real Estate News February 4, 2009
It's Been Worse for the U.S. Housing Market Historically, this housing decline has been a bear, but not the worst of the bear housing markets.The Winans International Real Estate Index calculates that new home prices in the United States are down 23 percent since March 31, 2007. New homes sales have fallen 71 percent and new property listings are down 34 percent in the same time period.Sounds bad, but the worst decline of new home prices in the last 150 years was the 68 percent decline from 1929 to 1932. The longest housing bear market was from 1853 to 1858."This bear market will probably not end in 2009. Past real estate bear markets ended when the average time it took to sell a new house dropped to 3 1/2 months. Currently, it is taking over 9 months for transactions to close due to tight credit conditions," says company founder Ken Winans.Source: Winans International (02/03/2009)