"Just Thinking"

“Just Thinking"


This week’s newsletter is a follow up to the September 19th article about leaving California, I had so many notes leftover that I decided to make a leaving California part II, this is a non-political, somewhat emotional, article with my opinions and some  facts. A musical quote from Guy Clarks L.A. Freeway and a movie recommendation.


Pack up all your dishes

Make note of all good wishes

And say goodbye to the landlord for me

That son-of-a-bitch has always bored me

Throw out all them L.A. papers

And that moldy box of vanilla wafers

Adios to all this concrete

Gonna get me some dirt road back street

If I can just get off of this L.A. freeway

Without getting killed or caught

I'll be down the road in a cloud of smoke

To some land I ain't bought…


Fire and Water


The year started in horrific fashion with the Palisades Fire which began on January 7, the fire began in the Santa Monica Mountains area, near the Pacific Palisades, it was not fully contained until January 31.


Dry conditions combined with the powerful Santa Ana winds drove the rapid spread, with embers being carried far distances, causing spot fires throughout the area. The result, 23,448 acres burned, 6,837 structures burned another 1,017 structures damaged, 12 people lost their lives and tens of thousands were displaced.


According to Cal Fire, as of this date, there have been 7,439 wildland fires, burning 522,289 acres statewide with 16,479 structures destroyed and 31 deaths. In January of this year alone in the Palisades and Eaton Fires, over 57,000 acres burned, more than 18,000 homes and structures destroyed or damaged and over 200,000 people displaced.


The fires and aftermath have been a blithe on the landscape of this great state, the lack of forest management, fuel reduction, controlled burns, forest thinning and firebreaks and forest restoration were common sense until the mid-1900’s when a system of suppression was adopted. Suppression prevented low-intensity, natural burns, causing dead wood and underbrush to pile up. Over decades, this “fuel load” created conditions primed for hotter, more destructive wildfires. Ecologists linked this suppression policy to the escalating severity we see in modern wildfires.


The water woes of California mirror the calamity of the empty Santa Ynez Reservoir, during the Palisades fire, a 117-million-gallon reservoir that was emptied in early 2024 because crews discovered a large tear in its protective cover. By the time the fire ignited the reservoir was not available to supply water to the fire fighters.


Although the population of California is 2.5 time larger then it was in the 1960’s there have been no large-scale water infrastructure projects, big dams or aqueducts, since the mid-20th century. After environmental and regulatory constraints increased (e.g. Clean Water Act, Endangered Species Act, CEQA), fewer new dams got built, especially in environmentally sensitive areas.


In 2014 Proposition 1, the California water bond was passed which allocated funds to new water storage projects. To date, none of the major new water storage projects were completed many remain in planning, environmental review, or pre-construction phases.


Yearly during our rainy season, the majority of the downpour runs unimpeded into the Pacific Ocean. The lack of forest fire mitigation and water conservation are two more reasons that Californian’s are leaving the golden state.


A new show came out on Prime this week “John Candy – I Like Me” it is a well done funny and touching movie about the life of John Candy, weather you are a fan or not, it is well worth the watch.


“I’ve always played the nice guy, and that’s fine with me. I like the idea that people can smile when they think of me.” John Candy.


Let me know what you think.

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This Weeks Top Story

Renters Now Spend Less than 24% of Income on Rent

In its latest September Rent Report, Realtor.com found that the typical U.S. household now spends less than a quarter of its income on rent for the first time in two years. 


It’s a milestone that marks the 26th consecutive annual decline in rents and a rare stretch of good news for Americans who’ve been feeling the squeeze of housing costs on all fronts.


The median asking rent for 0–2 bedroom units across the 50 largest metros dropped to $1,703 in September, down 2.1% year over year and $10 month over month. That puts rents $56 below their August 2022 peak, though they remain 16.5% higher than before the pandemic.


Rent growth has been muted throughout 2025, with asking prices up just 0.4% year to date, compared with 1.9% over the same period in 2024. 


For renters, that moderation is starting to add up to something meaningful.


Danielle Hale, Chief Economist at Realtor.com, summed it up best.


“Two years of gradual rent declines have given renters a bit more breathing room. Still, even as a typical household spends a smaller share of income on rent than a year ago, affordability remains stretched in major markets, particularly along the coasts.”


A Small Win for Renters Nationwide

 

The typical renter household spent 23.4% of its income on rent in September, down from 24.9% a year earlier. That shift reflects modest rent declines combined with steady income growth, helping improve affordability in most U.S. markets.


Across unit types, rents fell across the board:

  • 1-bedroom units: $1,582 (down 2.3%)
  • 2-bedroom units: $1,885 (down 2.2%)
  • Studios: $1,426 (down 1.0%)

Even with those declines, affordability still varies widely by region.


The Most and Least Affordable Metros

 

Miami topped the list of least affordable markets, where typical renters spent 37.1% of their income on rent. Rounding out the top five: 

  • Los Angeles (37.0%)
  • New York (36.7%)
  • Boston (32.3%)
  • San Diego (31.5%)


While each of these metros saw small improvements year over year, affordability remains strained for renters living along the coasts.


At the other end of the spectrum, Austin became the most affordable rental market in the country, with renters spending just 16.5% of their income on a typical lease. Next in line: 

  • Oklahoma City (16.9%)
  • Raleigh (18.0%)
  • Columbus (18.1%)
  • Minneapolis (18.7%)

These metros also benefited from notable year-over-year improvements in affordability, led by markets with increasing rental...

Finish - The Full Story


Posted by:

By: Sarah Lentz

Oct 14, 2025 

Housing Market

Properties For Sale
Previous Newsletters

October 10th

What the Government Shutdown Means for Your Clients’ Closings

https://conta.cc/4h1vCkR

September 19th

Fed Cuts Rates for the First Time in 2025. What Does It Mean for...

https://conta.cc/4mm4eiA

September 12th

The Biggest Challenges for Buyers, Sellers, and Builders in 2025

https://conta.cc/42eSmaQ

September 5th

The Biggest Challenges for Buyers, Sellers, and Builders in 2025

https://conta.cc/42eSmaQ

August 29th

Mortgage Rates Push Affordable Home Price Down $30K Since 2019

https://conta.cc/3JApi7h

August 22nd

Homes Now Taking 43 Days to Sell, Marking the Slowest Summer...

https://conta.cc/4mSQHzH

August 8th

75% of Buyers Say Their Agent Was Helpful. Here’s What Made...

https://conta.cc/3HdkgwT

August 1st

Is Housing Part of the Fed’s Plan? Powell’s Latest Press Conference

https://conta.cc/4mrk1gE

July 25th

6 Takeaways from Realtor.com’s 2025 Housing Forecast Update

https://conta.cc/4727qfh

July 18th

First-Time Buyers Are Older, Fewer, and Struggling to Compete

https://conta.cc/4nX1eLs

July 11th

Seller Expectations vs. Reality: New Data Highlights a Growing...

https://conta.cc/3TCM5RP

July 4th

Which U.S. States Are the Most Patriotic in 2025?

https://conta.cc/4026GTe

June 27th

Powell Grilled on Housing Supply, Owner-Equivalent Rent, and…

https://conta.cc/4lMtuin

June 20th

The #1 Reason Buyers Say Their Home Purchase Was Easier...

https://conta.cc/44pxQWw

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Recent Closings

~Other Top Real Estate Stories This Week~





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Presented by The Martinez Refining Company & NuVision Credit

 

SATURDAY, OCTOBER 25TH, 2025 - 11AM-2PM

 

Downtown Martinez Annual Halloween Spooktacular – A Boo-tiful Celebration for the Whole Family!

 

  Downtown Martinez & Co. is thrilled to invite you to our spooktacular Halloween celebration! Join us for an afternoon of ghoulishly delightful activities at the downtown annual Halloween Spooktacular presented by Martinez Refining Company in collaboration with local businesses.

 

Explore creatively themed and decorated car trunks lined up for a spooktacular Trunk-or-Treat experience. Local businesses and community members will be handing out candies and treats to little goblins and ghosts.

 

Engage your little ones with a variety of kid-friendly crafts and games! From creative crafts to exciting games, there's something for every young trick-or-treater.

 

The event will take place downtown inside participating businesses, on the street and at the Plaza on Main Street.

 

Event is Free to public. Don't forget to bring a bag for all the goodies!

 

If you are a local business and would like to participate in Trick or Treat Spooktacular please signup using the link below or QR code above.

 

BIG thank you to our presenting sponsor, Martinez Refining Company, and event sponsor, Nuvision Credit Union.


Buy Your Tickets Here

Real Success Comes in Small Portions Day by Day
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Chuck's Blog "Tales From the Trail"


The road is frighteningly long if all you see is the end.

So, make reaching the end of the road your goal.

Step forward every day with a clear vision of the end.

Step after step, day after day moving forward.

You'll reach the end and achieve your goal and realize that the journey was the point all along.

www.ChuckBarberini.com

 

Citizen Number One

https://music.apple.com/us/artist/citizen-number-one/1474111440

@Citizen.Number.One