The Wedge Newport Beach California
The Wedge August 27, 2014
Thousands of spectators lined the beach as surfers and bodyboarders attempted to ride the 15 to 20-foot waves at California’s “The Wedge”. Some say there were occasional waves near 30 feet!
Surfline.com said the waves were “Good to Epic” in size, and generated by Hurricane Marie, off the coast of California.
A spokeswoman for the city of Newport Beach California, said the waves had attracted about 3,000 to 4,000 spectators at The Wedge.
The Wedge is one of the more difficult breaks on the West Coast, known its power and shape. Read more 
Hopeful Signs in the Housing Market
Housing Market Improvement
The National Association of Realtors released a report today on adjusted pending home sales. Pending home sales are when people enter into contracts to purchase homes. The good news is that this figure increased 3.3% from the prior month, unfortunately, the index itself was down 2.1% from the same period a year ago.
On a regional basis, the pending home sales increased in the South and in the West, though the index for both regions remains below its levels seen in July 2013. Read more
San Diego Real Estate Market 2014
San Diego real estate market 2014
Yesterday, the San Diego Association of realtors reported that although the median San Diego home sales price has stabilized above $500,000, single-family home resales for July decrease by 13% compared to sales in June. During the same period, sales of previously owned condominiums and townhomes fell about 2%.
New California Gas Tax
New California Gas Tax
California Assembly Bill 32
It has been brought to my attention that a new tax in California will be going into effect, Assembly Bill 32. (1)(2)
Starting January 1, 2015, Californians will pay 16 to 76 cents more per gallon of gas as a result of a gas tax that was created by the California Air Resources Board (CARB) and the Brown Administration without public knowledge or legislative approval. (3) Read more