Bakersfield's housing market starts the long climb back and it's time for the annual Thanksgiving Day "Pie Run" out at Hart Park

 * ... BUILDING PERMITS: The five-year cloud hanging over the local housing market seems to be lifting, and Realtors are finally able to breathe a sigh of relief. Home prices are rising, inventory is tight, mortgage rates are low and homes are selling. New homebuilders also are showing clear signs of confidence with more than 100 permits pulled in October alone. That's the word from Baynes Bank of Mission Bank. Some of the top builders, according to Banks, are DR Horton, Lennar, McMillin, Balfanz, Castle and Cooke, S and S Homes, Towery Homes and Froehlich.

 * ... PIE RUN: If it's Thanksgiving week it must be time for another Pie Run, that iconic Bakersfield tradition that starts at dawn on Thanksgiving Day out at Hart Park.  John Rous, one of the fathers of the annual event, says it will all start around 6 a.m. Bring a pie, cookies or other eats and then hit the hills for an invigorating run or walk with your favorite friend or dog. Rous will have a bonfire where he will make hot dogs and tri-tip, along with enough coffee for some 300 people. This is one of Bakersfield's signature seasonal events and it's well worth setting the alarm clock for an early start.

 * ... SMALL WORLD: City councilwoman Sue Benham and husband (Californian columnist) Herb were in a small bar in Paris on election night when they met two young American college students. "When we told them we were from Bakersfield they said, 'Our friend is from Bakersfield! Here she comes.'" Sue told me. And who walks up? Stockdale High graduate and now Stanford student Melissa Hamilton, daughter of local orthopedist Dr. Chris Hamilton and wife Susan. Small world, indeed.

 * ... GOOD DEED: Sheila Vogel sends a shout-out to an unidentified man "at the corner of Coffee and Stockdale Tuesday morning who exited his work vehicle to assist a disabled pick-up with a trailer through the intersection. The man who appeared to be in the bakery business with white pants and an apron helped the truck’s occupants push the truck out of traffic's way and to clear the intersection. Thank you! "                                                    

 * ... WREATHS: The Bakersfield Breakfast Rotary Club is renewing its annual drive to place wreaths at the National Cemetery on Dec. 15. You can help by buying a wreath for just $15 to honor our veterans. Check out the webside at www.bakersfieldwreathproject.org.

 * .. THANKSGIVING: Jolie Brouttier is a kindergarten teacher at McKinley Elementary who is part of a group that gets together to feed the needy on Thanksgiving.  "I sent out fliers to inform families about this event and got a tremendous amount of families (some households of 10 living in tiny apartments) who can't provide a meal on Thanksgiving day. These families, my students, are the light of my life. I have food on my table every day, I have a fridge full every day. These kids, they don't. Two hundred families returned the form desperately requesting food to be delivered Thanksgiving day, and 'Love for Thanksgiving' does that.

More warnings of mortgage fraud "flopping" and local kid heads to Stanford

* ... HOUSING RISK: Local real estate appraiser Gary Crabtree is once again warning about mortgage fraud, this time regarding a practice known as "flopping." A flop occurs when an agent helps investors obtain distressed properties at deflated prices. Said Crabtree: "A very interesting anomaly was noted last month. The median price of the REO (real estate owned) sales was $130,000 while the median price of the 'short sales' was $120,000. This raises the question, are agents working the short sale market playing games with their BPOs (broker price opinion)? The new mortgage fraud of property flopping continues to rear its ugly head costing lenders and taxpayers untold losses of millions to the 'floppers.'" Lastly, Crabtree said that last month marked "the first month we saw an increase in foreclosures. Could this be the precursor to the 'second wave' of foreclosures causing a 'double dip' in the market? Only time will tell."

* ... STANFORD BOUND: Kudos to Melissa Hamilton, a Stockdale High School senior who is heading to Stanford University in the fall. Melissa is the high-achieving daughter of Dr. Chris and Susan Hamilton, who also happen to be Stanford graduates. And to keep it in the family, older sister Jennifer is a sophomore at the prestigious Palo Alto campus and reportedly thrilled her sister will be joining her.

* ... MORE BAD TASTE: This from a reader who responded to my post about the fake bull testicles hanging from pickup truck trailer hitches around town. "Somehow the lovely bull testicles have escaped my attention - must be  hanging out with the wrong crowd or driving the wrong streets. But enough about testicles. The truck accessory /decoration that is really tacky is the silver nude female silhouette - provocatively posed and one with a devil with horns and the other an angel with wings and a halo. They come in vinyl for your back window (bracketing your 12 gauge) or as attractive mud flaps. Classy."

 * ... BHS ARTS: Yvonne Cavanagh asked me to spread the word on an event that will raise money to support arts programs at Bakersfield High School. Yvonne is not only a BHS graduate but also owner of Surface Gallery, where the event will be held next Saturday, April 10. BHS Friends of Fine Arts (FoFA) is hosting the show, which will raise money for arts, dance, ceramics, forensics and other programs. Tickets are $25 and that includes one glass of wine, appetizers and a live band. Call parent Diana Ripepi at 661-327-5429 for details, or you can visit their Facebook site here.

 * ... BAKERFIELDISM: You know you're from Bakersfield when "your neighbor moves from the Southwest to the Northwest to be 'closer to the grandchildren.'"