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  1. R

    Oil

    They have to shut down to switch to winter blend. They do it every year and there is always a bump up in price but gas has been going up for longer than switching blends and the rapid rise in prices is not what we have gotten in previous years. Nonetheless...... just like pot news today, gas...
  2. R

    Oil

    California has their own refineries. They cannot get oil from the east because there is no pipeline. AZ is dependent on CA for 60% of our gas, unfortunately. Since the price continues to be low in Tuscon area, the fault mostly lies with California refineries. It's been going up elsewhere too...
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    Oil

    And honestly California just rips off drivers. You can still get gas on the way out of AZ for $3.89 ($3.39 in the Tuscon area) but drive right over the border and it's $6.50+ So now Newsom has a new plan. Lets tax the oil companies and give the money back to the drivers. Sure........... for who...
  4. R

    Oil

    California is the worst for rising gas prices but most areas have been recently going up alot. Historically, when winter blend is coming, prices go up before they drop because the refiners have to switch blends. So Newsom is blaming the oil companies and refiners and is switching to winter...
  5. R

    Congress Elections

    Yup. Knew it was coming. https://finance.yahoo.com/video/stocks-slump-ahead-close-cannabis-201341885.html
  6. R

    EV/Plug-in/Other vehicles

    But that is the California way, right? By the time it's entrenched, the state conveniently lets you know they don't make enough from gas taxes and need to charge a fee per mile. By then with lower number of ICE vehicles on the road, gas should be lower. Of course California will probably make...
  7. R

    New Listing - Marin Plan 2 detached condo @ Eastwood (78 Meander)

    If the dollar strengthens again, it makes it even more expensive for foreign buyers.
  8. R

    Stock picks

    With the plunge in the bond yields it would seem so. But I bet the fed is none too happy to see the rally in oil and metals ripping higher. Not too many chess pieces left for the fed to move around. Tsla will be oversold technically after this move down but imo, this is not the end of the...
  9. R

    Stock picks

    Tsla came in low on deliveries. If the 52 week low should break, I think 180-200 should be a tradeable bottom. Eventually I think that will break.
  10. R

    Stock picks

    I feel like JC is just going to come out whacking everyone. The race up in bonds today, what was that? QT maybe? The Dow was here in March 2020 and five days later it bottomed out after a huge move down. It could happen again. Still remembering that Friday in Oct 87 when the SP moved below...
  11. R

    How high will mortgage rates climb in the next 36 months?

    You are happy with your purchase? CheckMate. Have a great weekend and enjoy your home.
  12. R

    The Oaks at Portola Hills

    Couple of their floorplans are like the one I just sold. The right person LOVES it but most people in this area won't buy it. They probably should do what Cal Atlantic did and dump those and make them another floor plan.
  13. R

    How high will mortgage rates climb in the next 36 months?

    In 1980, one of the banks came out and lowered mortgages bigly because no one was buying houses. (I think it was home bank to 11%, but don't quote me on that). We knew what we would buy if rates came down so we hightailed it to the builder. They were 13% by the time we locked in. It was a...
  14. R

    Stock picks

    Sold all the puts I bought yesterday lots of stocks weren't really dropping and vix was going up so my premiums were rising. Could go lower or we could get some kind of relief rally. Never went broke taking a profit.
  15. R

    Arizona Real Estate (Bubble)

    And lets not forget groceries and gas is lower here. But u probably figured that in I bet. To get the houses I bought down that magical 35% they would be selling at where they were in October 2020. And Legacy would only go down 10%. But aren't u saying the OC is going to drop even more? Then...
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    Arizona Real Estate (Bubble)

    And btw......... on nextdoor what did I ever hear? Homeless, crime, we need gates 24/7, what is that police helicopter overhead for, blah blah blah. And now? Anyone seen my cat? When is the costco opening? Any idea when the construction will be done? Do not for one second yap on about this and...
  17. R

    Arizona Real Estate (Bubble)

    No LL you are flat our WRONG. The floorplan I had was HATED. HATED so much that the builder could not sell it. They in fact had trouble selling the entire Legacy community (not Irvine, high property taxes). This floorplan was selling for 1.3 million and one day they lowered the price of three...
  18. R

    Declining Rents

    I REGRET SELLING my purchases. I REGRET NOT BUYING the model because now I have to put in a pool after escrow. Where do u get REGRET buying? And I edited my comment because I thought of more ways you are probably a cheapskate and rather than write more posts, I combined it into one.
  19. R

    Declining Rents

    Messing with us again. LOL! LL looks at short term and losses on paper, negating that you must live SOMEWHERE. What about going on vacation? That leaves u with pix and memories. Lots of money gone. What about buying a car? Does LL buy some beater car because it's cheaper or a decent car that...
  20. R

    Declining Rents

    I have some regrets. I wish I had NEVER sold a single property I have owned because in the long term they are worth much more than what I paid. Except the last sale. I have no regrets selling that. The new owners will have a problem selling it for more than what they paid but it's because of...
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