Blog

Emerald Bay News + Updates

 

May 24, 2021
Good morning,
 
Oh to be a dog in Emerald Bay!
 
With mortgage rates near historic lows and buyers’ interest remaining high, the housing market is showing robust sales gains and record-breaking prices as we move into the second month of the spring home buying season.
 
As the pandemic situation further improves and the reopening continues, economic fundamentals will remain favorable, and the market could continue to grow. The shortage on housing supply, however, will likely remain an issue in the coming months.
 
Have a great week!
Information + Updates
Did You Know? WeWork, the office-rental company most closely associated with entrepreneurial excess, has seen demand bounce back in the aftermath of the Covid-19 pandemic, and inquiries from potential customers exceed what they were before nationwide lockdowns.
 
Did You Know? Bitcoin is off about 43% from its all-time high of $64,829.14 in mid-April......but up substantially - around 40% - from January earlier this year. (CNBC)
 
Did You Know? I am not alone: I have officially declared WAR on noise pollution from modified vehicles - cars, trucks, and bikes - that spew excessive noise for the 'joy' of their driver at the expense of everyone else...usually thousands who are not held to the same standard. This is an issue both in cities and suburbs and now New York City is initiating new legislation - the Stop Loud and Excessive Exhaust Pollution, or SLEEP - that would raise fines from $150 to $1,000 per violation. (Most states are under 85 decibels). It sets the maximum noise limit at 95 decibels. Police vehicles could become equipped with decibel-reading devices. Most cities and some smaller towns and neighborhoods have noise ordinances....of course, they are worthless unless those laws are enforced. Most states require all vehicles to have a working muffler.
 
Did You Know? It took 20 years for billionaire wealth to double....and just one year for it to rise 50%..... cheap capital elevates assets. The wealthiest hold the most assets.... (Morgan Stanley)
 
Did You Know? Amazon's 1.3 million employees produced around $386 billion in sales volume in 2020. Walmart's 2.3 million employees delivered $ 341 billion in sales volume in 2020.....That's about $296,000 per employee at Amazon.....and $148,000 per employee at Walmart.....does this mean technology-fueled humans are super-efficient!
Let's Eat
Bursting with Flavor
 
YUM! It's about time! I’ve known about Din Tai Fung in South Coast Plaza for years but Steve and I had never been. WOW…. mind-blowing food. The Xiao Long Bao (Dumpling) has a burst of flavor that is contagious and leaves you wanting more and more…
 
Featured Listing
In Escrow
Vacation Lease
Recap of Maura Short’s Sales
in the First Quarter of 2021 - $48,000,000+
 
700 Thalia (Represented buyer) $7,000,000
44 Emerald Bay (Represented buyer and seller $11,500,000
10 Emerald Bay (Pocket listing; represented buyer) $11,750,000
1016 Emerald Bay (Represented seller) $7,330,000
 
2401 Alta Vista Drive (In Escrow)
I have pocket leases available.
Call me for details.
The Emerald Bay Market
There are currently 8 homes for sale in Emerald Bay
ranging from $4,495,000 to $15,995,000.

 

Work With Maura

Maura Short is known for her strong work ethic, broad industry know-how, and passion for architecture, in addition to her extensive network, confidentiality, and moral code. Combined with her wide-ranging local expertise, all of these assets result in favorable outcomes for both buyers and sellers under her care.
Contact
Connect With Me