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Pope Leo XIV - The American Pope

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  “Just Thinking” Well, yesterday was a big day—at least for 1.3 billion Catholics around the world. Cardinal Robert Prevost, a 69-year-old Chicago-born missionary, was elected as the pope, becoming the first American to lead the Roman Catholic Church under the name Pope Leo XIV. He is known for his global perspective and progressive stance on social issues while remaining conservative on church doctrine. Hopefully, the new Pope will help in righting the ship and returning the Church to its core values. Pope Leo XIV is the 267th pope in an unbroken line of papal succession leading back to St. Peter, whom Jesus appointed to lead His followers when He said, "You are Peter, and upon this rock I will build my Church" (Matthew 16:18). He is just the eighth pope since 1940 and considering that he is starting his papacy at a relatively young age, he should remain a strong, guiding leader for many years to come. The seven previous popes are: Pope Pius XII – March 2, 1939 – October 9,...

Fed Holds Steady: What Powell’s Patience Means for Housing

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  Check Out This Weeks Newsletter The Federal Reserve wrapped up its May 7, 2025, meeting with a decision to hold the line on its target interest rate range of 4.25% to 4.5%. Citing steady economic activity, low unemployment, and sticky inflation, the Fed opted to wait for more data before making any bold moves. In other words: all eyes are on the numbers. Policy Outlook: More Data Needed The Fed is doubling down on its dual mandate of maximum employment and a 2% inflation target. Fed Chair Jerome Powell made it clear that future rate changes will be data-driven and the Fed will avoid preemptive cuts. In terms of preemption, I think you can look back at the 2019 cuts as preemptive. I wouldn’t say that what we did last fall was at all preemptive. If anything, it was a little late.  Jerome Powell  -  FOMC Chair Current Economic Outlook Powell’s opening statement painted a picture of economic resilience with notable caution signs. Consumer spending showed some moderatio...

Fisherman’s Wharf

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  “Just Thinking” I met a guy the other day, and we got to talking. He grew up in Fremont and now lives out in Brentwood. When I mentioned that I was from San Francisco and now, also, live in the East Bay. He asked what it was like growing up in “The City.” and if I go back there often. He shared memories of taking BART into San Francisco as a teenager, just to mess around and explore, and how much fun it was. He told me how much enjoyed bringing their kids into “The City” when they were young, visiting Pier 39, strolling along Fisherman’s Wharf. But then told me how disappointed he was during their most recent visit. Many of the restaurants were shuttered, storefronts boarded up. He had heard about the amount car break-ins, so he paid the premium to park in a secure lot. But what was really upsetting was the large groups of dirt bike and ATV riders tearing down Jefferson Street and even riding up onto the sidewalks near Pier 39, it was lawless chaos. Toward the tail end of the pan...

Over 40% of Homeowners May be Overpaying Property Taxes. Here’s How to Protest It.

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  Check Out This Weeks Newsletter Here’s the quiet cost of homeownership no one’s talking about: property taxes. According to a new report from Realtor.com®, 40.5% of U.S. homes may be over assessed, with the median homeowner potentially saving $539 per year by challenging their tax bill. The report also highlights a new tool that helps homeowners identify potential overassessment and access the data needed to file a protest. Here’s what you need to know to educate your homeowner clients, especially in states where property taxes are rising fast. The Hidden Cost: Over assessed Homes Across the U.S. According to Realtor.com’s Property Tax Report: 40.5% of U.S. homes are potentially over assessed The median potential savings from a successful protest is $539 per year That’s more than 15% of the average property tax bill In many cases, homeowners don’t even realize they can protest their tax bill, let alone how to go about it. Realtor.com’s new feature changes that by making the proce...

My Feet Hurt

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 “Just Thinking” My feet hurt, not every day and not all the time, but often enough to remind me that the years of abuse may are catching up with them. With the help of orthotics and a good pair of sturdy shoes, they do okay. Last weekend, I attended the SI alumni baseball game, with some of my friends and teammates. It was a beautiful day at the ballpark and my first time checking out the Fairmont facility. The current Wildcat squad are loaded with talent, and the alumni who suited up weren’t that far removed from their playing days. The game itself hasn’t changed, but just about everything around it has. The biggest transformation? The field. Today’s team plays on a multi-sport synthetic turf, a flawless surface that never takes a bad hop, doesn’t need raking or watering, won’t get your uniform dirty or blow dust in your eyes and teeth. There are multiple covered batting cages, letting players get in reps no matter the weather. And those aluminum alloy bats? A world away from the...

Spooked House Hunters are Dropping Out of the Real Estate Market

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  Check Out This Weeks Newsletter Spooked house hunters are dropping out of the real-estate market as they confront economic uncertainty on many fronts. Stock-market turbulence, recession fears and the specter of job loss have nervous home buyers calling off their plans. Jeremy Applebaum, a real-estate broker in Overland Park, Kan., was out of town when his buyer broke the news by text: They were pulling out of the home-buying process, spooked by the sudden downturn in the stock market. “‘It’s frightening when you see thousands of dollars vanish,’” he said they told him. In Miami, the same scenario played out with real-estate agent Ida Schwartz’s buyer. They also did not think it was worth sinking over $1 million into a home in today’s uncertain economic environment, particularly since they were not in a hurry to buy, she recalled them saying. In San Francisco, one of Redfin agent Sabina Girsh’s buyers suddenly found their budget had shrunk amid the stock-market turmoil. They had p...

Happy Easter - The Gift of Renewal: Faith, Family, and Fresh Starts

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"Just Thinking" Happy Easter - The Gift of Renewal: Faith, Family, and Fresh Starts Spring is in the air, flowers are blooming, temperatures are rising, and while there's still a chance of showers, each day grows a little longer, a little brighter. It’s a season of transformation, and Easter reminds us that renewal is always within reach. It’s a time to celebrate fresh starts, lean into our faith, and cherish the family and community that support us through every season of life. Easter’s timeless message is simple yet powerful: just as Jesus rose from the dead, after every winter, there comes a spring. After every challenge, there is growth. Fresh starts aren’t reserved for January, they are possible every day, fueled by faith, kindness, and the courage to begin again. This past week’s Annual Easter Egg Hunt at Our Lady of the Visitacion School was a beautiful reflection of that spirit, the laughter of children, the warmth of familiar faces, the celebration of the risen L...