Finally, back to blooging!

I apologize! No real excuse for not touching base seeing I am not lacking opinions on the current events. Sometimes we get caught up in other things.

Regardless, here is what is new, what is happening and what may be forthcoming:

First, real estate. Activity is there, pricing is somewhat stable currently, but due the the apparent negative economic national outlook, along with the issues in the filtering states such as California and Arizona, I feel that pricing will remain somewhat stagnate. Additionally, depending on just how many 'asset problems' the mortgage banks have and how many more foreclosures occur........it could continue to sag and decrease even another 5-10%. Bottomline, no one knows and it will only be in retrospect that we see who was right or wrong.

Either way, if you are wanting to make a purchase.....make it a long term purchase of 5 years or more and I feel it will be as good as, if not better than renting. If your timeline is less, you may want to hold off.

Second, new beginnings: Anthony's has arrived. A very good, seafood based restaurant that recently opened up at the Cap Sante Marina. The food is tasty, the atmosphere extremely desireable and it has created quite a few additional jobs here in town. I recommend it highly.

Lastly, 2011. I love Anacortes for its small seaside character which includes all its festivals and events. The Waterfront festival, Arts and Crafts festival, Oyster Run and now which will be the SECOND ANNUAL Oktoberfest.....! You gotta get downtown for these events .... Of course, the Fourth of July parade is always good along with its light show off the Cap Sante for fireworks and list goes on.

Things are tight with many this year as they have been for quite some time. If you can though, get downtown and spend some cash. Enjoy as many of the local events as you can to help out the smaller businesses and keep our town great.

Happy 2011!

Troy