I just received an update on the Bodega Bay Trail from Norma Jellison who represents the Bodega Bay Bicycle and Pedestrian Advisory Committee and thought I'd post it here for you...
"What an incredible day we had Thursday for the dedication of the Cheney Creek Bridge and Trail, connecting Birdwalk on Rt 1 to Doran Park beaches thru the Doran Marsh, and thus the southern section of the Bodega Bay Path! It is also a section of the CA Coastal Trail.
If you have not yet seen the reconstructed path and the new bridge, do go check it out. Better yet, walk it!!
I accepted a Certificate of Appreciation - with photo of the bridge as background - on behalf of the Bodega Bay Bicycle and Pedestrian Advisory Committee. So we can all be proud to finally see something come of all our meetings and advocacy! I'm sure this gem will be much used and bring lots of appreciation for the beautiful southern end of our Bodega Bay - Sonoma County Coast.
BTW, sometime in January, Regional Parks will be looking for volunteers to help plant the new plants along the path. Hope to see some of you help with that effort to further enhance this section of the Bodega Bay Path!
Our Bodega Bay Path is now incorporated into the Countywide Bike/Ped Path Master Plan and a Programmatic EIR is underway for the BB Path. All of which will allow our Path to continue a forward march.
The next section to be constructed will be the northern section from Salmon Creek thru State Park lands to BB Community Center and then down thru the Dunes and old Rt 1 tree line to the Horse Trailer parking lot on Bayflat - there has been a bike lane around the Bay on Bayflat for many years - maybe we can get the path stripe repainted soon. This should be under construction in 2010. A boardwalk between the Tides and Lucas is also in the offing, hopefully not far behind the northern section construction."
31 August 2008
28 August 2008
Home Sales Increase Again
NEW HOME SALES ROSE 2.4 PERCENT IN JULY
Sales of new, single-family homes rose 2.4 percent in July to a seasonally adjusted annual rate of 515,000 units, according to new data from the U.S. Census Bureau and the Dept. of Housing and Urban Development released Tuesday.
The uptick represents a modest increase from June figures at 503,000, but sales still remain roughly 35.3 percent below July 2007 estimates of 796,000 units.
Sales of new, single-family homes rose 2.4 percent in July to a seasonally adjusted annual rate of 515,000 units, according to new data from the U.S. Census Bureau and the Dept. of Housing and Urban Development released Tuesday.
The uptick represents a modest increase from June figures at 503,000, but sales still remain roughly 35.3 percent below July 2007 estimates of 796,000 units.
14 August 2008
PENDING HOME SALES INDEX INCREASES 5.3 PERCENT IN JUNE
From National Association of Realtors (click for full article):
The Pending Home Sales Index, based on contracts signed in June, increased 5.3 percent in June to 89.0 from 84.5 in May, according to the latest report from NAR.
According to NAR, approximately 2.5 million first-time home buyers are expected to take advantage of the temporary tax credit, which economists predict will increase existing home sales by 7 percent to 5.51 million in 2009.
"The rise in pending home sales was broad-based with all four regions showing gains," Lawrence Yun, NAR chief economist said. "This is welcome news because a rise in contract activity is necessary for an overall housing recovery. With a tax credit now available to first-time home buyers, increases in home sales could be sustained with the momentum carrying into 2009."
The Pending Home Sales Index, based on contracts signed in June, increased 5.3 percent in June to 89.0 from 84.5 in May, according to the latest report from NAR.
According to NAR, approximately 2.5 million first-time home buyers are expected to take advantage of the temporary tax credit, which economists predict will increase existing home sales by 7 percent to 5.51 million in 2009.
"The rise in pending home sales was broad-based with all four regions showing gains," Lawrence Yun, NAR chief economist said. "This is welcome news because a rise in contract activity is necessary for an overall housing recovery. With a tax credit now available to first-time home buyers, increases in home sales could be sustained with the momentum carrying into 2009."
07 August 2008
Housing, Job Data Signal Recovery, Not Recession
An article by SmartMoney.com's Donald Luskin points out some important news items that seem to be neglected by nearly everyone in the media. Indicators are showing real sign of a real estate market recovery. Here's an excerpt or click here for the entire article.
"I haven't seen a single media story that reported the truth: that the median price of an existing home rose in June. It went up. It was higher."
"Let me be perfectly clear. The median existing home price was higher in June than it was in May, rising to $215,100 from $208,600. Oh, and while we're at it, the price was higher in May than it was in April. And guess what: It was higher in April than it was in March. And hey, while we're at it, it was higher in March than it was in February."
"I haven't seen a single media story that reported the truth: that the median price of an existing home rose in June. It went up. It was higher."
"Let me be perfectly clear. The median existing home price was higher in June than it was in May, rising to $215,100 from $208,600. Oh, and while we're at it, the price was higher in May than it was in April. And guess what: It was higher in April than it was in March. And hey, while we're at it, it was higher in March than it was in February."
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