Sunday, January 25, 2009

BBQ 101


We have been fortunate to escape all of the horrible weather in Wisconsin. We got to Florida long before the bad stuff hit.

Back by popular demand - on Tuesday January 13th I put on a BBQ class that was eagerly attended by 7 daring BBQ cooks. Last year we had high winds the day of the class and had trouble keeping the temperature up in the cookers.

Since the Weather Man had forecast gusty winds and heavy rain as a cold front came through, I set up the class in the campground gazebo.

Monday was a busy day for me. It started by sweeping out the gazebo and washing down and sanitizing the counter tops and campers sink and then setting up my cooker.

I picked up the meat on Monday and I also picked up some bags of smoking wood chips from Fire up the Grill outdoor kitchen store in Port Charlotte. Dave, the owner, was kind enough to get us started with samples of some of the smoking woods he sells in his store.

On Monday afternoon I prepared a brine mixture for the 13 lb packer cut Brisket. I brined this hunk of meat overnight in a mixture of salt, sugar, and spices.

Tuesday morning I fired up my smoker about 7:30 – it was up to temp (a perfect 250*) by the time the eager students showed up at 8 AM.

I wanted to get the brisket on as as possible, so I demonstrated how to trim the brisket, showed the way the grain of the meat ran in different directions, seasoned it with my own special rub, and into the smoker it went.

Next I demonstrated how to trim and season a Boston butt (does not come from the butt of the pig and has nothing at all to do with Boston). Then it was hands on for the cooks as the students took their turn at trimming and seasoning 3 more Boston Butts.

I put on 3 or 4 Turkey drumsticks for tasting samples for lunch. They turned out so good that we had Irene go to Wal-Mart and get a dozen more. For additional tasting samples, I made up a couple of pounds of pork sausage which was great with the sweet hickory smoke flavor.

Next we trimmed slabs of ribs into Kansas City racks of ribs. All were seasoned to perfection and into the smokers they went.

The weather man was right on the mark. Mid morning the winds picked up so we put the tarps up on the gazebo to block the wind. All day long the weather got worse. In mid to late afternoon the heavy rains came through. It sure was good we had the shelter of the gazebo.

All in all, the class was a resounding success. Everybody had fun and picked up a few new tips. In total we cooked a 13 lb brisket, about 20 lbs of pork butt, 12 racks of ribs, 2 lbs of sausage and over a dozen turkey drumsticks. Everybody went home with a 20 page class handout and plenty of “Q”.

Friday, January 9, 2009

Housing Market in 2009

National Realty News

FAIR OAKS, CA - The nation’s foreclosure hemorrhage has finally slowed and 2009 should see a significant decline in foreclosures as buyers return, pushing home prices up and fueling a real estate recovery, according to the 2009 Outlook from ForeclosureS.com.

“Recovery is underway. Affordable is back in the housing market,” says Alexis McGee, real estate expert, educator, and president of ForeclosureS.com. “In 2009, housing will not only recover, but we’ll see buyers leap into this market in droves, depleting our housing oversupply, and actually put higher price pressures on the market.”

“With 4.5% fixed mortgage rates, housing prices lower than they were 'pre-housing bubble', commodity prices lower, tax credits available for homebuyers, and the government eager to stimulate our economy, for the first time in years I can see prices rising again in 2009” adds McGee. “This is a great time to buy properties for investors -- to buy properties at wholesale prices below today’s already low prices -- rent them out for positive cash flow and then sell them for big profits in late 2009 once price appreciation kicks in.“

The latest U.S. Foreclosure Index by ForeclosureS.com shows a slight drop from 84,534 to 84,291 in the number of properties repossessed by lenders following foreclosure last month over October. These are REOs or lender-owned real estate. But that’s off nearly 21% from September’s 106,415 REO filings. (Year to date 12.6 of every 1,000 households nationwide have been lost to foreclosure.)

“Certainly some of the drop reflects growing results of government and private efforts to keep homeowners in their homes,” says McGee. “But the recovery takes shape when you factor in other things like what the National Association of Realtors calls ‘solid’ gains from a year ago in existing home sales in some key areas, and the fact that many of the same areas are seeing dropping home prices. Fewer foreclosure actions were initiated in the last quarter, too, according to the latest Mortgage Delinquency Survey from the Mortgage Bankers Association,” McGee adds.
“California is a great example of what’s happening now and what lies ahead for the housing sector. Long a leader in the subprime mortgage mess and rising numbers of foreclosures, the state’s foreclosures have slowed significantly,” says McGee.

The latest U.S. Foreclosure Index numbers show November REO filings in the state down to 15,978 in November, down 6.55% from October and off nearly 50% from September. Home prices there have come down, too, as much as 39.4% from the third quarter from a year ago in some areas like Riverside-San Bernardino-Ontario, according to National Association of Realtors numbers. That’s left many homeowners that bought their homes at high price points with upside down mortgages—they owe more than the value of the home. But it’s also made homes more affordable for plenty of other people. Solid and in many cases rising existing homes sales support that, adds McGee.

In November, another perennial leader in foreclosures, Arizona, saw its REOs and pre-foreclosure filings drop (down 5.19% and 5% respectively), according to U.S. Foreclosure Index numbers.

The pre-foreclosure picture when averaged nationally isn’t quite as bright. Pre-foreclosures include notice of mortgage default and/or foreclosure auction. Amid all the negative economic news across the nation, pre-foreclosures for November were up 5.57% from October with 27.1 of every 1,000 households across the country facing some kind of foreclosure action (177,254 vs. 167,906 filings in October). But that’s still down nearly 2% and more than 7.5% from March’s high, according to U.S. Foreclosure Index analysis.

“Pre-foreclosure numbers likely climb in early 2009 (albeit at a much slower rate than in 2008)” says McGee. “Too many homeowners already are just too overextended and likely won’t seek help to work out their delinquent mortgages until after a pre-foreclosure filing against their property. That filing, it seems, is the wake-up call for many to get the help they need and sell” McGee adds.

“Potential homebuyers and investors on the other hand, will find the bargains growing in 2009,” says McGee. “As the year progresses more bright spots will emerge, too, both in terms of foreclosure numbers and housing markets as efforts to work with strapped homeowners really begin to take root.”

“I wish my crystal ball could pinpoint everything that’s going to happen with housing markets in the next 12 months, but there are just too many variables. What I can tell, though, is that hardest hit housing markets have already hit bottom and others will follow in 2009. Third-quarter National Association of Realtor numbers actually show existing home sales picking up in about 20 percent of the areas studied. And, given the uncertainty and volatility of the stock market combined with all time low interest rates, extremely affordable low priced homes, and all the choices out there, 2009 is an excellent time to buy real estate. Properties, especially foreclosed ones, will be highly discounted, lenders are motivated to work with buyers, and the opportunities are abound. The bottom line to keep in mind: What goes down absolutely positively will go back up again.

“The return of solid housing markets is an important part of restoring stability to financial markets. The market will return when mortgage rates and home prices are down, and that's exactly what is happening now in the hardest-hit areas of the country,” adds McGee.