And I was in Lowe’s yesterday to get some drywall for some minor kitchen remodeling that’s going on. I needed to relocate the power from the crappy old range hood to a duplex receptacle for a microwave.
No two gang old work boxes. No rectangular white duplex receptacles. Really? I mean, this is commodity stuff. Went to my friendly Ace hardware and got them there. Sure, I paid 2x what they cost at Lowes, but at least my money is going into a neighbor’s pocket. Kaleb, have you rented it? With all the activity I would think you’ve got someone in there in short order. -D > On Apr 25, 2021, at 12:00 PM, Floyd Thursby via Mercedes > <mercedes@okiebenz.com> wrote: > > I popped into Lowes yesterday to look for something they did not have. They > had all these displays of various tools sitting in the aisle by the tool > section. I observed that the prices on these things were probably 25-50% > higher than a year ago. It's kinda crazy. I guess some of it is China > tariffs or something but it is significantly noticeable. I didn't even want > to look at the lumber aisles at the prices there. > > --FT > > On 4/25/21 11:45 AM, Kaleb Striplin via Mercedes wrote: >> With our rental back on the market we have been flooded with people from the >> west coast wanting to lease it. Even had offers to pay several hundred above >> what we have it listed for. I figure with covid many companies have now >> moved to remote and these people can still keep their jobs and move anywhere >> where the cost of living is much cheaper. Sooner or later it’s going to go >> way up here too because of this. That with all the money being printed is >> going to lead high prices for everything. >> >> Sent from my iPhone >> >>> On Apr 25, 2021, at 7:33 AM, Dan Penoff via Mercedes >>> <mercedes@okiebenz.com> wrote: >>> >>> There are those who claim that a significant amount of the home being >>> purchased at present are being done so by investors. I don’t think this is >>> the case, at least not in the markets I track. In both Tampa and Flagstaff >>> it’s outsiders moving into the area from parts of the country that have >>> higher property values (New York, California), allowing them to purchase at >>> a high level and in many cases with cash. >>> >>> Flagstaff would be more prone to investor owned properties as there are a >>> quite a few vacation rentals in the area because if it’s proximity to the >>> Grand Canyon and Arizona Snowbowl, but again, from what I can tell the >>> majority of single family homes are being purchased by out of state >>> individuals. >>> >>> During the financial crisis there were loads of institutional investors in >>> Tampa, gobbling up pretty much anything below $300k and renting it. Those >>> properties are still rentals, but have increased in value significantly. >>> The question begs when or if the investor owned properties will ever revert >>> back to private ownership? >>> >>> -D >>> >>>> On Apr 24, 2021, at 10:04 PM, Curt Raymond via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>>> >>>> I can't believe this isn't a bubble, where does the money come from for >>>> these crazy prices? >>>> I also wonder if a lot of the people moving out of the cities are going to >>>> find they don't actually like living in the burbs. No theater, >>>> restaurants, museums etc. Will we see a thundering movement back into the >>>> cities in 5-10 years? Well, probably never thundering, slinking maybe. >>>> >>>> -Curt >>>> >>>> On Saturday, April 24, 2021, 9:31:54 PM EDT, Rick Knoble via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>>> >>>> Screw that. A cool million for 2600 sf? Uh, no. >>>> >>>> It will be interesting to see if this is another 2007-2008 bubble, or if >>>> high inflation is here to stay. Fixed income folks are about to get >>>> economically crushed. At least in the late seventies you could get a >>>> decent return on money market accounts, because interest rates were >>>> through the roof. Now, not so much. >>>> >>>> We are living in interesting times. I'm not sure if that's a blessing or a >>>> curse. >>>> >>>> >>>> Rick >>>> >>>> From: mercedes@okiebenz.com >>>> Sent: April 24, 2021 8:10 PM >>>> To: mercedes@okiebenz.com >>>> Reply-to: mercedes@okiebenz.com >>>> Cc: d...@penoff.com >>>> Subject: Re: [MBZ] New Okie Acres >>>> >>>> Heh. If it was in Flagstaff it would be 3x more and already snapped up >>>> with cash by Kalifornians. >>>> >>>> I was just looking at a 4br 2-1/2 bath 2600 sf house in Flagstaff that >>>> listed for $850k on Monday. Multiple full price offers, it’s now under >>>> contract at $900k for a cash sale. Absolutely frickin’ insane. >>>> >>>> -D >>>> >>>>>> On Apr 24, 2021, at 9:03 PM, Rick Knoble via Mercedes >>>>>> <mercedes@okiebenz.com> wrote: >>>>> Or for you, too bad it's not in Arizona, by Flagstaff. >>>>> >>>>> >>>>> Rick >>>>> >>>>> From: mercedes@okiebenz.com >>>>> Sent: April 24, 2021 7:56 PM >>>>> To: mercedes@okiebenz.com >>>>> Reply-to: mercedes@okiebenz.com >>>>> Cc: d...@penoff.com >>>>> Subject: [MBZ] New Okie Acres >>>>> >>>>> Kaleb needs to move to WI and establish an Okie Acres up there. Here’s a >>>>> deal on an Amish farm: >>>>> >>>>> https://www.facebook.com/groups/4CORNERSREALESTATE/permalink/3816389021807759/?sale_post_id=3816389021807759 >>>>> >>>>> <https://www.facebook.com/groups/4CORNERSREALESTATE/permalink/3816389021807759/?sale_post_id=3816389021807759> >>>>> >>>>> For those without FB: >>>>> >>>>> Athens, Wisconsin Marathon Co. 100 Acre Amish Farm. 60 acres farmland >>>>> excellent soil. 20 acres woods 20 acres pasture with fencing and pond. >>>>> Small creek. 6 bedroom Amish built house attached garage/canning room >>>>> with concrete floor. Full basement walk in attic. House needs work . >>>>> Dairy Barn with cow and horse stalls. Milk room , calf pens. 2 silos. >>>>> Machinery shed . 3 bay open front garage/buggy shed. All buildings need >>>>> fair amount of work. Sits quietly back on your own private lane >>>>> overlooking the creek. Large organic gardens. Farm needs TLC but tons of >>>>> potential. Off grid Amish paradise! $389,000 >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > -- > --FT > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
