cmd (@cmdaines) profile picture

Advisor, sports fan, tech junkie, financing

Menlo Park
Joined June 2008
Photo by cmd (@cmdaines)Photo by cmd (@cmdaines)
Long before social media and cameras on everyone's phones 2 Super Bowl winning QB's played on my families softball team in Redwood City @JimMcMahon @JoeMontana great memories! @49ers @ChicagoBears #NFL @NFL #RedwoodCity #Sports I was the bat boy :)
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Affordable for some but not most. In the tech world with RSU income that's what makes it normal...
The cheapest single family home in my entire *city* is listed for $1.6M. It's a little 1940s home that needs foundation work. With an 7.5% mortgage it will cost $11,000 per month, after you spend $450,000 cash for a down payment and some basic renos. Totally normal.
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2003 on the left and 2023 on the right! 20 years since @ARichardson242 and I met as roommates at @VanderbiltU. Proud to see him still living our @MLB dream as a coach with the @SFGiants @VandyBoys
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Unmatched location in Maui! Wailea Elua vrbo.com/2742862?adultsCount… next to the Andaz and Marriott. Thank you @AliiResorts via @vrbo @Maui #Maui #Hawaii
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I met @elonmusk in Menlo Park when @Tesla was just getting off the ground (2007) and I left the encounter with respect and admiration for his goal to change the world. He succeeded and I'm sure he has a plan for @twitter that will surprise the world. Just wish I bought a roadster
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Annual income needed to buy an average home in: San Francisco: $402,821 San Jose: $363,265 Oakland: $247,559 - via @Redfin and @scottbudman
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Maybe a @Redfin and @Compass merger or partnership makes sense? #RealEstate
Great product @Egnyte! @CloudNotEnough keep trailblazing your journey
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The term to catch a falling knife seems relevant in current market cycles. Rapid rate increases make homes less affordable and the mindset of a buyer can shift from excitement to fear. My advice is don’t be afraid to catch the knife just be sure to grab the handle not the blade!
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Rates should make the real estate market demand shift!
Mortgage rates are spiking... 30 year fixed just hit 6.87% -- 20 years since we've seen this This is going to cause insane demand destruction in real estate... unless you are a cash buyer, you're going to try and wait out taking a mortgage right? this is 2x+ last summer
Reminder that market cycles are normal. The economy expands and contracts and the markets rise and fall. #economy #markets #realestate #stockmarket #fed #marketcycle #finance
A new study from @Egnyte shows the #AEC (architecture, engineering and construction) industry is creating and storing surprisingly massive amounts of #data, calling for a focus on #datagovernance. venturebeat.com/data-infrast…
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Today, @Egnyte announces document certification service using blockchain technology. Organizations in highly-regulated industries that use Egnyte can create indisputable proofs of their key documents. #blockchain #contentsecurity fal.cn/EgnyteBlockchainPR719
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