Category Archives: Economy
A Gas Story
My local Shell station (see photo) has hiked the price for regular gas by 9 cents a gallon in the last two days. This latest round of price increases reminds me of a long-ago trip when I experienced a severe case of “pump shock.” The story goes back to the 1970’s, a decade of oil embargoes, gas rationing, and steadily increasing fuel prices. The media summed things up then by coining the term “gas crisis.”
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Posted in Business Beat, Economy, Friends & Family
Coming in Spring 2010/11
The old sign announcing the Chico Beach Cottages said something like “Coming in Spring 2010” or “Available in Spring 2010.” Construction finally started a couple of weeks ago. The new sign (see photo) doesn’t mention the missed deadline, but a flyer available at the site states that completion is now targeted for Spring 2011. It also advises that only 5 of the 7 homes to be clustered on the roughly 1-acre site, which are priced from the mid-$500s, are left. I learned this on my bike ride today.
The waterfront project is located on the northwest side of Dyes Inlet, just before Chico Way dead ends into Newberry Hill Road, about a half-mile south of Silverdale. It’s a high-rent area due to the view and location. The home just to the north of the project is valued at more than $760,000 on the county tax rolls. I will miss the heavily wooded lot that’s been clear cut to make room for the cottages. But it will be interesting to see if the project can live up to its own marketing: “Once in-a-lifetime opportunity to own a new, legacy waterfront home in Kitsap’s first ‘pocket neighborhood’ cottage community!” More important whether the long-delayed construction start means local real estate professionals think Central Kitsap is emerging from the housing slump.
“Quarterly” Payments
I have been paying quarterly estimated tax for years. Today as I made out a check for the 2nd quarter of 2010 (due June 15th), I wondered for the umpteenth why the IRS Department of the Treasury doesn’t divide the year into 3-month quarters and make the payment due on the 15th of the month after each quarter ends. While looking for the answer, I came across a blog post on the subject that was so thorough further research was unnecessary.
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Posted in Economy, Government
Mud Bay House for Sale
It’s always interesting when a house near yours is listed for sale. The usual questions become more relevant. Do you know the owners? Why are they selling? How much are they asking? And, because the outcome can affect your home’s value and property taxes, will they get it? In this case, the house (see photo) isn’t on the long driveway I share or even on nearby Rocky Point Road. It’s directly across Mud Bay from me, but it’s close enough that we could be in the same large cul de sac if we lived in a subdivision.
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Posted in Economy, Mud Bay & Rocky Point
One Less Charley’s
Perhaps you have eaten at Charley’s Grilled Subs. According to their web site, they have more than 400 stores, many located in or near malls, and are the #1 Philly CheeseSteak chain in the United States. To me Charley’s was a lunchtime indulgence I looked forward to whenever I visited the Kitsap Mall in Silverdale. But as I learned today, even a great menu might not make you recession proof.
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Posted in Business Beat, Economy
$3 Grocery Store Items
If you pay cash at the grocery store like I do, there might be times when you want to estimate how much the items in the cart are going to cost at the checkout stand. So here’s a simple formula: Count the number of items in your cart and multiply it by $3. That should cover the total and, most of the time, leave enough left over for a latte. A few caveats:
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