@ocluke

Orange County; I help people make smart real estate decisions; outdoorsy; entrepreneury; tech nerd; researcher; too many tabs are open.

 Newport Beach, CA
lukehagenbach.com
Joined July 2008
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  • Following210
  • Followers217
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The Fed has paused rate hikes, but makes no promises against future hikes. Did we land yet? Was it soft? Are we still at cruising altitude? nerdwallet.com/article/finan…

What Is the Federal Funds Rate? - NerdWallet

The federal funds rate — or Fed rate — is the interest rate banks pay one another to borrow or loan money overnight. The current target range is 3.50% to 3.75%.

nerdwallet.com
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A new law in California allows the sale of ADUs. dwell.com/article/california…

In California, You Can Now Sell Your ADU

The state just passed a new law to increase housing stock and homeownership with backyard homes.

dwell.com
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This will be an interesting story to follow. ctinsider.com/columnist/arti…
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A lesson in how not to design roads. Bike lanes should be sacrosanct. jalopnik.com/road-design-tha…

Road Design That Sends Cars Into Bike Lanes Demonstrated For The First Time In Michigan - Jalopnik

Dozens of Kalamazoo, Michigan, residents gathered along the shoulder of a busy two lane road to see the new traffic arrangement coming to town, and it looks about as safe as we suspected. 

jalopnik.com
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I'm now scanning all my old texts for a "👍" ground.news/article/canadian…
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What Is Happening in the Housing Market? nytimes.com/2023/06/26/busin…

What Is Happening in the Housing Market? (Gift Article)

Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.

nytimes.com
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Kudos to @realtordotcom for revising predictions and being accountable. Still curious why they expected significantly higher inventory with the 'golden handcuffs' scenario. 🤔 #realestate realtor.com/news/trends/shou…

Should You Buy or Sell a Home in 2023? Here's Our Housing Forecast for the Rest of the Year

Realtor.com has revised its forecast to reflect some new realities in the housing market in the second half of 2023.

realtor.com
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The 5 most sought-after design trends in flooring (June 2023) inman.com/2023/06/05/the-5-m…

The 5 most sought-after design trends in flooring

The floors underfoot have a powerful bearing on the quality and character of the home Learn from the luxury professionals: don’t overlook the impact of flooring on interior design.

inman.com
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Great work David, Marc, and @CMBetterStreets on getting this common sense legislation into this bill. latimes.com/socal/daily-pilo…

State incorporates ideas of 2 Costa Mesans in ban of bike licensing laws they called 'selectively...

Figures indicate only 85 people registered bicycles with the city of Costa Mesa in 2020. However, 42 individuals were issued citations by police that same year for being in possession of an unlicen...

latimes.com
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Several interesting insights from this year's @nardotrealtor's Profile of Home Buyers and Sellers. 22% of recent buyers purchased all cash; Avg. age of 1st time buyer is now 36; median distance moved for recent buyers is 50 miles ('18-'21 avg. was 15 mi.) nar.realtor/newsroom/nar-fin…
My junk drawer just became friends with the EU. theverge.com/2021/9/23/22626…
Luke Hagenbach retweeted
mariana Z
@mariana05725 Jul 2021
What if UFOs are just billionaries from other planets?
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What's the current status of lumber/construction pricing? This article shines a little light onto the subject cnbc.com/2021/07/19/why-home…

Homebuyers aren't seeing savings from falling lumber prices – here's why

Lumber prices are falling sharply, but the savings are not yet trickling down to the retail market.

cnbc.com
Just posted a photo @ Eastside Costa Mesa instagram.com/p/CLZu7eYpcL-/…
Wondering where the housing market is at or where it's going? This article does a good job of sticking to fact based data housingwire.com/articles/bew…

Beware of gloom and doom housing market headlines

How can you tell when a downward trend in the data is a real sign of a housing market decline? Look to new and existing home sales.

housingwire.com
Just posted a photo @ Eastside Costa Mesa instagram.com/p/CG1TRKIpYY0/…
Luke Hagenbach retweeted
Alicia Robinson@ARobWriter12 Sep 2020
If you happen down W. 19th St. in Costa Mesa in the next week, you might notice a new traffic circle. It's a test project @CMBetterStreets worked with @arlis4costamesa & @CityofCostaMesa to put in. More: ocregister.com/costa-mesa-te…
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When you go into the office to work for the day and realize that's such a #precovid19 move. @ Luke Hagenbach Real Estate instagram.com/p/CFDRnAfp731/…
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Realtor adds flood risk information to their website. Interesting... npr.org/2020/08/26/905551631….
The squeaky wheel gets the grease, but if it keeps squeaking it gets replaced.
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