Saturday, September 5, 2009

Working under the Radar

I feel as if I must type quietly....as if the sound of the buttons on my computer will wake up one of the precious ones sleeping nearby.

It's 500am here in Costa Rica, on Saturday September 5th...As I sit at the barstool sipping my coffee as is customary for me every day, my newborn (3 week old this morning) daughter Samantha is resting in one of the greatest inventions in modern day, the baby papason chair. I only wish the grown up version also vibrated and had such calming music.

In the other room, my wife, whose birthday is today, and my near 5 yr old daughter Maya are still resting.

What has become customary to me, the morning coffee and lightning work ritual before the crew arises, allows me a unique time to work, but also to reflect on the silince that is so rare in a household with two young children. Silence can be so calming, but at the same time, so cautionary (sp, word?>)....The mere silence reminds me of how quickly this will change to livelihood any moment, when one of the ladies in the house starts to stir...

Well, enough morning philosophy, cleary this coffee has not taken its affect.

Back to work....Plugging away on some interesting deals right now, so back to the drawing board.

Friday, September 4, 2009

Perception

Interesting, in today's market, the first question that I get now from buyer's is always regards to how the market is behaving. Loaded question of course, but the answer is transparent in my opinion, but often times, a buyer in today's market looks for security to know they are buying at the right time.

In the market here in the Central Valley, both commercial and residential real estate are on the rise again, but it is interesting to see how both buyers and sellers seek to confirm their perception, to ensure their timing is right. The sellers, well, they hope to confirm that the market is on the rise so that they can either move their property, or move their price :)
Buyers, well, they want to know that the market is moving in a positive direction, but not too fast so that they did not miss the chance to buy at the best price.

The good news for the market in general, both on buyers and sellers side, is that the perception of current economic conditions and how they will affect us has changed dramatically. People have now decided that they must continue living, making decisions, investing, and buying that first, second or third home, or opening up that next office space to continue to expand their business.