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October 2, 2023

 

 

 

 

 

Quote of the Day

 

At every crossroads on the path that leads to the future, tradition has placed 10,000 men to guard the past.

 

 – Maurice Maeterlinck

 

 

 

This Day in History

 

October 2, 1965:  Gatorade invented at University of Florida.  On this day in 1965, a team of scientists invent Gatorade, a sports drink to quench thirst, in a University of Florida lab.  The name “Gatorade” is derived from the nickname of the university’s sports teams.  Eventually, the drink becomes a phenomenon and makes its inventors wealthy.

Early in the summer of 1965, University of Florida assistant football coach Dewayne Douglas met a group of scientists on campus to determine why many of Florida’s players were so negatively affected by heat.  To replace bodily fluids lost during physical exertion, Dr. James Robert Cade and his team of researchers – doctors H. James Free, Dana Shires and Alex de Quesada – created the now-ubiquitous sports drink.

“They developed a drink that contained salts and sugars that could be absorbed more quickly,” according to a University of Florida history of medicine, “and the basis for Gatorade was formed.”  In its early days, Gatorade wasn’t a hit with players.  The drink reportedly tasted so awful that some athletes vomited after consuming it.

By 2015, however, royalties for the group that invented Gatorade, as well as some of their family members and friends, had eclipsed $1 billion.  “I think we’d all be living well without it,” Free told ESPN in 2015.  “But it has enabled us to do things like establish a family foundation and a family office.  It also has its challenges in that we cannot let what we have spoil us.”

 

 

Ojai Weather

 

Sunny –  High 74 / Low 50

Lake Casitas water capacity  –  72.0%

Total rainfall for the season  –  1.89

 

Monday, October 2, 2023
9:25 a.m.
One new listing has come to the market since Friday:

 

1309 Park Road – $899,000

 

 

 

 

 

 

Pic of the Day

Kevorkian couldn’t have done it better himself

 

Friday, September 29, 2023
2:10 p.m.

No new listings have come to the market since yesterday.  I’ve updated the Things to Do list for this weekend and next week.  Have a great weekend!

 

 

Pic of the Day

 

Thursday, September 28, 2023
2:05 p.m.
There are three new listings on the market:

 

1023 Cuyama Road – $1,100,000

 

 

180 Don Antonio Way – $265,000

 

 

$3,300,000 – 537 Del Oro Drive

(This listing was pending before it was listed in the MLS)

 

 

 

 

Pic of the Day
A sign that Bruce Banner might be your mailman

 

Wednesday, September 27, 2023
12:30 p.m.
There are two new or “coming soon” listings on the market:

 

3398 Matilija Canyon Road – $950,000

 

 

609 Canada Street #C – $614,900 (coming soon, 9/23)

 

 

Recently cancelled, withdrawn, or expired listings – back on the market:

 

 

Pic of the Day
When there’s no coffee IN the house

 

Tuesday, September 26, 2023
11:35 a.m.
There is a new listing on the market:

 

65 Don Antonio Way – $289,900

 

 

Prior “coming soon” listings – now on the market:

 

 

Pic of the Day
Hello!  Have you considered listing your home?

 

Monday, September 25, 2023
3:05 p.m.
No new listings for today.

 

 

 

Pic of the Day
(Thanks to L.K. for this photo submission!)

 

Friday, September 22, 2023
12:55 p.m.
There is a new listing on the market:

 

1350 Cuyama Road – $2,250,000

 

 

 

I’ll update the Things to Do list as soon as I get the update from Ojai Hub.  Have a wonderful weekend!

 

 

 

Pic of the Day

 

Thursday, September 21, 2023
10:10 a.m.
No new listings for today.

 

Here’s an update on interest rates:  The Federal Reserve announced yesterday that it would keep interest rates steady, but suggested that more hikes were on the horizon and that rates may remain higher for longer than previously expected.  The 10-year Treasury yield soared to its highest levels since 2007 as investors worried about higher rates. 
 
As the Fed moved forward, as largely expected, by not hiking its policy rate, it did release updated forecasts that raised the magnitude for keeping rates higher into 2024 if data remains resilient (Inflation).  As for mortgage rates, the day began in slightly better territory, only to reverse course later in the afternoon.

 

30-yr fixed:  7.47%

15-yr fixed:  6.75%

30-yr Jumbo:  7.40%

30-yr FHA:  6.90%

30-yr VA:  6.92%

 

 

 

Pic of the Day

Following the demise of his fascist regime, Benito Beecholini was

summarily executed and hung upside down in the town square

 

Wednesday, September 20, 2023
1:05 p.m.
There is a new listing on the market:

 

42 Don Antonio Way – $297,000

 

 

 

Pic of the Day
What every aggressive sales office needs – a wolfwood table

 

Tuesday, September 19, 2023
11:40 a.m.
One new listing has come to the market since Friday:

 

ojai real estate

180 Burnham Road – $1,400,000

 

 

 

 

Pic of the Day
How to challenge yourself during that middle of the night restroom run

 

Friday, September 15, 2023
12:15 p.m.
Eight new listings have come to the market since Wednesday:

 

2531 Bonmark Drive – $1,199,000

 

 

755 Spring Street – $795,000

 

 

108 E. Matilija Street – $4,100,000

 

 

265 Alto Drive – $895,900

 

 

228 N. Pueblo Avenue – $1,799,997

 

 

524 Pala Drive – $1,100,000

 

 

1225 S. Rice Road #10 – $147,000

 

 

501 E. Oak Street – $800,000

(This property sold and closed before it was listed in the MLS.)

 

 

 

Have a great weekend!  I’ll update the Things to Do page as soon as I get the update from Ojai Hub.

 

 

 

Pic of the Day
Nothing to do with real estate – but it made me laugh…

 

Wednesday, September 13, 2023
10:35 a.m.
There are two new or “coming soon” listings on the market:

 

0 E. Ojai Avenue – $799,000

 

 

809 Drown Avenue – $1,295,000 (coming soon, 9/26)

 

 

 

Pic of the Day
Do you suppose the food is half off?

 

Monday, September 11, 2023
11:15 a.m.
A new listing came to the market, however…

 

2238 Los Encinos Road – $975,000

(This listing sold and closed before it was listed in the MLS)

 

 

 

Recently cancelled, withdrawn, or expired listings – back on the market as new:

 

 

Pic of the Day
When cartoons come to life

 

Saturday, September 9, 2023
10:00 a.m.

Just a quick check-in today.  The weather has been updated only – not the Quote of the Day or This Day In History.  I’ve also updated the Things to Do list.

I also wanted to air a gripe regarding the road construction on the west side of town.  Who had the bright idea that N. Ventura Avenue (in Oak View), Burnham Road, and Baldwin Road should all be worked on at the same time??  I want names and numbers!!

 

Friday, September 8, 2023
12:50 p.m.
Three new listings have come to the market since Wednesday:

25 Maxine Avenue – $899,000

 

 

741 Saddle Lane – $7,950,000

 

 

108 Don Carlos Way – $275,000

 

 

Here’s a quick check-in on interest rates:

 

30-yr fixed:  7.22%

15-yr fixed:  6.59%

30-yr Jumbo:  7.30%

30-yr FHA:  6.74%

30-yr VA:  6.75%

 

 

 

Pic of the Day
Another handyman special

 

Wednesday, September 6, 2023
7:05 a.m.
There is a new listing on the market:

1358 Orchard Drive – $825,000

 

 

 

 

Pic of the Day
A sign your neighbors might be partiers

 

Tuesday, September 5, 2023
7:40 a.m.
Two new listings have come to the market since last Friday:

 

97 Taormina Lane – $1,250,000

 

 

361 Avenida De La Vereda – $899,000

 

 

 

Pic of the Day

If you’ve never seen “Demolition Man” you probably won’t get this

 

Friday, September 1, 2023
9:50 a.m.
There is a new listing on the market:

 

S. Padre Juan Avenue – $415,000

 

 

 

Prior “coming soon” listings, now on the market:

 

 

 

Here’s the list of things to do in Ojai; have a great weekend!

 

 

 

 

Pic of the Day

 

 

Click here for archived August, 2023 posts