…you have to try Lefty’s Chicago Pizzeria. This is a great place right in the middle of the Hills. I used to rely on the drive over to North Park to the original store as a method of weight control.
I think I like it better than Phil’s, although if I said that out loud I might end up with a animal head in my bed.
…unless you are unemployed. The recovery we are witnessing this fall is spotty and inconsistent; I think this will be the way going forward. Houses are selling briskly if properly priced, and I do not mean at fire-sale prices. Anyone who has tried to buy a bank deal knows the room is full of aggressive buyers with bushels of cash. In fact, one-third of transactions as of late do not involve a mortgage.
This shows two things; first, there is enough liquidity in the system, and second, the banks continue to make life difficult for good borrowers. The latter is main reason there is a twenty-one month inventory for homes priced over one-million. That part of the market will remain semi-comatose until the lending community becomes convinced the free-fall in prices has been arrested.
