This week the Mendocino Complex Fire reached that dubious record. Largest in history. Last year the Napa Sonoma Fire Complex set the records for deadliest and most expensive in terms of loss of property. This is a trend that is looking to unfortunately continue.
This week I was fortunate to see a presentation by Dr. Claudia Sonder, DVM from Napa CART (Napa Community Animal Response Team http://napacart.org/ ) and there are many other ways that I found out we need to prepare for fire season. The incident near the Syar quarry yesterday was a reminder we all need to be prepared during fire season (May – November).
Tips for you if you have animals in your home:
#1. Have a kennel for each animal you own. Once a month, get out the kennels and put treats in them with the doors open so your animals will be trained to get in them in an emergency.
#2. If you can’t get your animals out with you leave your toilet seats up for water.
#3. Make sure your animals have identification. ID Chip, Tags, … In an emergency, Dr. Sonder told us she spraypainted her goat with her initials so that they could be identified last year during her evacuation.
#4. Have a plan. What do you need to get? medicines, records, precious photos/items ... make a list have it accessible so when the time comes you aren't trying to remember all you need.
And one of the best new things I heard is if you live in a rural community when evacuating in your vehicle make sure you have a chain saw and know how to use it.
Save the Date - Sunday August 19, 2018 from 9:30 - 1pm
FREE Customer Appreciation Car Wash (Reply for coupon)
To support the Napa Gymnastics Zone Competition Team
Three big headlines in the past week:
Unemployment Back Below 4%
US employers slowed their hiring in July, adding 157,000 jobs, a solid gain but below the healthy pace they maintained in the first half of this year and down from expectations of 190,000 jobs. The Labor Department says the unemployment rate ticked down to 3.9% from 4%. That's near an 18-year low of 3.8% reached in May. Employers added an average of 224,000 new workers in the first six months of this year, a faster pace than in 2017
GDP for 2nd Quarter is at 4.1%
The second-quarter reading of 4.1% GDP growth was the highest since 2014. And it looks like this reading may continue into the 3rd quarter as well. The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%.
The model has a strong track record. But GDPNow isn't perfect, especially so early in a quarter, and it is subject to updates as more data emerges. The average prediction of GDPNow varies by about .5% so it is likely that the final figure will come in lower than 5% but still above the 4% threshold.
These two headlines were echoed in the notes from the meeting of the Federal Reserve this week.
Federal Reserve more Bullish on the Economy.
The Federal Reserve upgraded its assessment of the U.S. economy Wednesday but decided to skip another interest rate increase for now. However, the committee is widely expected to approve an increase at the September meeting.
The statement said the labor market has "continued to strengthen," language consistent with the June meeting. However, the committee went on to note that "economic activity has been rising at a strong rate," a more bullish view than the June characterization of "solid" growth.
A stronger growing economy will put pressure to increase interest rates for mortgages.
We have 2 homes open on Sunday from 12-2pm 1108 Marina Dr. Napa, CA 94559 Listed at $375,000
This adorable 2 bedrooms 1.5 bath 943 sqft home is ready for you to move in or as a great rental opportunity. This home features a bright and open floor plan, large master with walk-in closet, upgraded flooring and a private patio with storage. In addition to the wonderful features you will find this home is perfectly located, just minutes away from downtown Napa and walking distance to shopping, restaurants and entertainment. 1452 Norma Dr. Napa, CA 94558 Listed at $420,000
Bring your imagination and tool belt. This is the perfect opportunity to purchase a home in Napa and make it your own. Newer pitched roof, newer siding and great bones! Large lot located just minutes from Downtown Napa and great schools
Median home values for the US at peak
This month marked a new high for Median Home values in the entire country and for the first time now more than 50% of the homes in America are above the previous peak.
In California, we have seen that for a couple of years. Our core large markets of San Francisco and San Jose, nearly all the homes are at their peak values and the prices are continuing to climb.