Where'd You Go?

It's been awhile since I last posted. What's my excuse? I've been busy.

Pretty lame huh?

Seriously. There have been a series of development in my life which I have had to address and which unfortunately has dropped this blog down the list of priorities.

I did promise some news and hear it is. I was recently contacted by a source who has been quite reliable in the past and has pointed me in the right direction with my posts. For last couple of years this source relocated to Shanghai for work. This source was now in China, Shanghai specifically and is now strongly considering pulling up stakes. I inquired why they would do that since China is where it's at?

The source responded with the following statement: China is tapped out.


Now, there have been reports that China is trying to reign itself in.

China Stocks Rise as Slower Economy Spurs Easier Policy Outlook


And there is still a huge demand for jobs in that country.
With Asian Industry Astir, More Job-Seekers Go East


Now this source has never been wrong in the past and I find this source quite knowledgeable.

If China's economy does implode, what will the flight to quality be like? One word.
Exodus.

I'll be back shortly folks. Thank you for your patience.

Something is going on

Can't give you full details since I don't have any. But I have had some gut feelings that are slowly being confirmed through personal chatter.

What I feel is another shake up is coming. Bigger than the last.

Holding out for what?

I was looking for this quote but I think everyone will get the point with this clip reel.



American Dream Is Elusive for New Generation

This is a story of Scott Nicholson who has an impressive list of accomplishments at 24 years old.

a graduate of Colgate University,

winner of a dean’s award for academic excellence
Has as a landscaper
volunteer fire figther

Now Scott is like a lot of people, which is that he is unemployed and constantly searching for a job. Something amazing happened.

Over the last five months, only one job materialized. After several interviews, the Hanover Insurance Group in nearby Worcester offered to hire him as an associate claims adjuster, at $40,000 a year.

End of story? Nope. Just a beginning of a tragedy in the making.



But even before the formal offer, Mr. Nicholson had decided not to take the job.

Yes. You read that correctly. He turned the a job that most people give theri left nut for.

Why?

Rather than waste early years in dead-end work, he reasoned, he would hold out for a corporate position that would draw on his college training and put him, as he sees it, on the bottom rungs of a career ladder.



“As frustrated as I get now, and I never intended to live at home, I’m in a good situation in a lot of ways,” Scott said. “I have very little overhead and no debt, and it is because I have no debt that I have any sort of flexibility to look for work. Otherwise, I would have to have a job, some kind of full-time job.”

It certainly does help when your grandparents are paying for your college tuition and your parents are allowing you to live in the house rent free.

This reminds me a of a story of a young lady I met recently. She had been laid off for a about a year when she landed a new job. Several months later, I ran into her and asked how teh new job was working out. She said it wasn't. She decided it wasn't for her, quit and went back onto unemployment.

"You probably think I am crazy to do this in this economy." She said to me.

"No. You should not do anything that makes you unhappy." I replied.

"Oh. Thank you." She said with relief.

Secretly I was thinking that she was out of her mind. I feel the same way about this idiot.

The truth about your first job out of college is that it is rarely the job that you want. In fact it may have absolutley nothing with your life goals. But that first job is the first step in becoming not just a successful person but as an adult. It is not just about getting a paycheck but learning certain skillsets in the workplace. I don't care what type of work you do. A cubicle is a cubicle wherever you go. And the longer you wait to learn those skillsets the harder it is to get your life together.



“The conversation I’m going to have with my parents now that I’ve turned down this job is more of a concern to me than turning down the job,” he said.

Concerned is an understatement. He should be s***ing in his pants right now.

New Craven County Tax Rates

The following are the new tax rates, per hundred valuation) for Craven County and the surrounding municipalities. Let me know if you have any questions.

Craven County=.4728

City of New Bern=.41

City of Riverbend=.265

City of Trent Woods=.19

City of Havelock=.465

City of Vanceboro=.46

Cove City=.15

Bridgeton=.50

City of Dover=.30

Regards,


Steve Tyson
252 514 9157

A real estate market for Doomsday

As a child of the cold war, I remember watching The Day After, which gave me nightmares and even to this day the movie scares the crap out of me.

When the Iron Curtain fell which signaled the end of the cold war, I figured that Nuclear War was something that was left to Sci Fi films.

Nope. Y2K came along. And went.

Everything is honk dory right? Not after 9/11.

Below is a segment from Nightline , about luxury survival condos.



What should raise a couple of eyebrows is when a developer who specializes in these shelters is asked if he is being paranoid. He asks if the government is paranoid because they have been feverishly building these shelters in the last ten years. And he knows this because they use the same engineers.

Three things we can learn from this.

1. Fear never leaves.

2. Fear has a market.

3. Real estate can manifest itself in the oddest of places.

Home sales

The following were the home sales for 4 subdivisions in areas close to Cherry Point Marine Air Station



Neuse Harbour


Active homes for sale by price range

Current number of homes on the market=17

Pending sales=0

Active homes for sale by price range

$219,000-$300,000=8

$,301,000-$450,000=7

$1,250,000-$1,475,000=2

There were 5 homes that sold and closed in Neuse Harbour in the last 12 months.



Stately Pines

Current homes on the market=8

Pending sales=2

Active homes for sale by price range

$181,900-$200,000=3

$200,000-$250,000=3

$288,000-$799,000=2

There were 9 homes that sold and closed in Stately Pines in the last 12 months.

Carolina Pines

Current homes on the market=26

Pending sales=3

Active homes for sale by price range

$150,000-$200,000=11

$200,000-$250,000-11

$251,000-$300,000=4

There were 28 homes that sold and closed in Carolina Pines in the last 12 months.

Tucker Creek

Current homes on the market=12

Pending sales=3

Active homes for sale by price range

$129,000-$200,000=6

$201,000-$299,500=6

There were 12 homes that sold and closed in Tucker Creek in the last 12 months.

New Bern 4th of July Celebration

New Bern is the place to be on the 4th of July. Among many of the interesting events to be held this day are the chance to observe the world's largest barbecue bun and sandwich.

Known throughout the South as some of the best barbecue in the world, Tommy Moore of Moore's Barbecue will attempt a Guinness World Record by creating a sandwich large enough to feed more than 300 people.

Tommy Moore/ Chef/Pitmaster and his Barbecue Bun team will gather at 1 p.m. to assemble the Barbecue Bun-Largest Open Sandwich at Union Point Park. Don't miss a part of history as we celebrate the founding of our country.