Homeless, Keyless, Wednesday

Today was strange…

I am homeless

Image courtesy of Malingering on Flickr – it is not of either of the homeless men I met today.

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I started off the day by going for a great morning run. On my way home I realized my house key fell out of my shorts pocket, so I was looking around on the ground for it.

A homeless man asked if I lost something, and immediately followed up asking if it was a water bottle before I could respond. After telling him it was a key he informed me the water bottle he saw earlier was very nice.

I walked away cursing the fact I would have to break in to my house, but also thinking about a man with concern over my loss who didn’t have keys of his own to lose.

Breaking in requires scaling a tall wall, jumping through a window a-la Trinity escaping in The Matrix, and finally possessing the key to our inside apartment (which I still had).

At the end of the day I hit the bank for a friend and locked my keys in the car in the process… Two key losses in a single day. It would have been my first key loss in years if it were only once.

As I waited for my wife, bringing the spare key, a homeless man with a harshly weathered and flushed face approached. The conversation went like this:

  • Homeless man: Hello, sir?
  • I kept silent, posting to del.icio.us.
  • Man: Sir, is that your car?
  • Me: Yep?
  • Man: <upbeat> Where are you from?
  • Me: Here, Philadelphia…
  • Man: Sir, I could use a cup ‘a coffee, could ya spare some change?
  • Me: …
  • Man: <poorly rehearsed> Sir, I’m homeless, hungry, scared, and need something to eat. Anything you can offer will help.
  • Me: I’m sorry, but I won’t give cash, but I’ll get us cups of coffee.
  • Man: <confused, back pedaling> But I’m hungry. I have 55-cents <jingles pockets> and only need a little more for coffee.
  • I twittered
  • Man: Sir, pay attention to me. I need some help.
  • Me: I’ll buy us cups of coffee and a snack then.
  • Man: <pausing again> But… I’m hungry.
  • Me: <Genuine smile> Let’s go get a cup of coffee, Starbucks is two doors down.

He turned his back to me and walked off without another word. His “hello, sir?” introduction was repeated to each passerby.

Sweat Equity

Joke's on me...

It’s been a while since I’ve posted on real estate – Lately been hearing a lot of people talking on the subject of short-sales, and I’m trying to digest some of the numbers. The NAR (National Association of Realtors) is describing 18% of homes on the market as being upside down (the owner owes more on the property than he or she could sell it for). I feel for the those in this situation.

A big curiosity is how the upside down sales are distributed. 18% is the average, which means there are big swings around the country. Along the Central Coast of California (San Luis Obispo, Paso Robles, Morro Bay, etc), it’s roughly 50%… But in many locations that are still undervalued, prices still rise.

This is what I’ve been thinking and talking to people about when the topic of real estate comes up. Not many dinner conversations go by without hitting on this topic.

Anyway, the reason I’m on the topic of real estate in this post is because I spent all weekend remodeling… Well, thinking about Facebook applications, Google Social, and other apps while remodeling… Phew!

The raw brick before a frame

We gutted the 2nd bedroom Continue Reading