Did You Know? Yesterday, exactly 2 years ago, the first COVID case was confirmed in the USA. Who could have fully predicted what followed.....😳
Did You Know? Peloton announced it would cut back production dramatically on its connected bikes and treadmills as demand has waned.....mostly due to its very high price-point. Yes, you can only charge so much to so many people before you run out of a big enough audience for what you are selling..... When Peloton debuted its Bike+ machine in September 2020 at $2,495, it cut the original Peloton Bike’s price from $2,245 to $1,895.....then again to $1,495 in September 2021. "Because you can" pricing devoid of fundamentals usually runs out of steam.....not always, but often. (CNBC)
Did You Know? Super-star Tina Turner - 82 years of age - and husband Erwin Bach just bought a $76 million weekend home on Lake Geneva in Zurich. Never pigeon-hole the age of potential home buyers, especially the really expensive ones! 90-year-old Rupert Murdoch bought a $200m Montana ranch in 2021!
Did You Know? Did you know: The robust Austin, TX area market that recorded a whopping $23 BILLION in residential real estate sales in 2021! (Read article) WOW….
This is how Orange County, Emerald Bay and our surrounding communities did in 2021:
All Orange County
Total Homes Sold = 24,802
Total Sales Volume = $34,865,437,814
Emerald Bay
Total Homes Sold = 27
Total Sales Volume = $207,040,000
Irvine Cove
Total Homes Sold = 9
Total Sales Volume = $213,548,000
Three Arch Bay
Total Homes Sold = 31
Total Sales Volume = $149,619,422
Newport Beach
Total Homes Sold = 834
Total Sales Volume = $2,883,860,840
Cameo Shores
Total Homes Sold = 9
Total Sales Volume = $80,995,000
The Strand
Total Homes Sold = 13
Total Sales Volume = $200,718,500
Did You Know? You can find out how fast your home internet is. Go to fast.com and as long you’re on your wi-fi, it will show you your internet speed.