Each week I post some random thoughts related to the housing market, the Philadelphia real estate market and related topics. Please share some of your insight as well in a comment !
1. Dining Recession ? Not in Philly - It does not appear to be a recession when you go out to dinner in Philly (Old City) on a Saturday night. Last weekend, two places had waits for over an hour. We ended up at Union Trust, a
high-end steakhouse, that was packed ! It was great to see. The filet mignon and raw oysters were both incredible !
2. Health Care "Reform"- I expect after all the "hoopla" that a significantly watered down health care bill will get passed that will not be "reform" at all, but more government inefficiency. I think the focus instead should be on stimulus to small businesses in America which can have both immediate short term and long term benefits to the country.
3. Got my Raincamp ticket yesterday !
See Brad Andersohns "What is Raincamp ? "
And Bob Stewart's "Raincamp is Coming to New York City January 12, 2010"
4. Will be taking The Somers Team to Triple Play in Atlantic City in December and should now be attending Real Estate Bar Camp Atlantic City ! I think December and January are excellent times and opportunities to attend these types of conventions ! Give yourself a chance to learn all the latest trends and technology in your industry, network and have some fun too by taking a break during a slower time of the year.
5. Stock Market - Expect the financial markets to remain choppy but overall to trend higher. Would expect this coming up week to be positive and to have a Santa Claus rally going into XMAS. Happy holidays !!
Please comment on some of these thoughts and add what you are thinking or post your own random thought in a comment below ! And if you have not subscribed to this blog as of yet, what are you waiting for ? The best is yet to come !
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I've got my ticket to RainCamp in NYC and look forward to meeting more Rainers from up and down the eastern seaboard.
Cindy - That is awesome ! Look forward to meeting you there ! It is great to meet up with some fellow Rainers : )
No waiting for restaurants here in Atlanta! I wish I was able to attend NY Rain Camp! :(
Jim - Is that because when you walk into the restaurants you get the VIP treatment ? I would think so !!
Regarding number 1:
It's the cheesesteak. It got Philly through the Great Depression and Jimmy Carter. It is a recession-proof food.
J Philip - Yes, that is one famous recession-proof item for sure ! Along with the Phillies and Eagles !
See you guys there got mine on friday...santa dropped mine in the mail
It's funny, some of the restaurants in our area are so busy, and others are closing their doors. Don't get it?!