Day May 3, 2008

Obstacles to solar thermal plants

The obstacles include both a shortage of steam turbines and water, a lack of transmission lines, and how to keep all that desert dust off the mirrors. Interesting. Then of course there’s NIMBYs who want clean, renewable power as long…

REO / short sales reach 63% in San Diego

While a staggering number, this might also represent some kind of bottom. I mean, seriously, it’s hard to imagine that things could get worse than having 63% of all residential real estate on the market being distressed. I’m not saying…

Waiting game on the escrow

The bank for the buyer’s mortgage still hasn’t given clear to close, so the escrow close will be late. This happens quite a lot more now. Banks are extra cautious now, checking everything, a far cry indeed from a a…