The percentage of first-time buyers in the housing market continues to shrink, remembering Wendy Wayne and celebrating some iconic watering holes around our community

 * … HOUSING: Some nuggets on the sputtering recovery in our home sales: the National

Association of Realtors says fewer young people see home ownership as a goal, and the statistics support that. Only 33 percent of homes were bought by first time buyers this year, the lowest level since the late 1980s. Home prices are rising while wages are stagnent, freezing out many first time buyers. The average age of the first time buyer has now risen to 31.

* … FOODIE: I was intrigued by my colleague Pete Tittl's Sunday review of Ethel's Old Corral Cafe so I stopped by for a look-see with a friend after a nice hike in the hills overlooking Hart Park. Every town in America has its iconic bars and restaurants, and certainly Ethel's is one of our's. Rustic and unassuming but full of character, this should be a destination for anyone looking to get off the beaten path for something unique to what makes Bakersfield a special town. While there, I also heard folks talking about the new owners of the Pyrenne's Cafe, who have done some renovations that are bringing the old place back. Yet another example of one of the many iconic watering holes in our community.

 * … OVERHEARD: I heard this on Friday while having lunch at Luigi's Restaurant and Delicatessan: "There's hardly a day goes by that I don't think of Wendy Wayne and her kindness and spirit. How many people can you say that about who are gone?" For those of you who didn't know her, Wendy was a community activist with a huge heart who died of cancer two years ago at the age of 64.

 * … MUSIC: Every so often,  a singer comes along with a voice so singular and captivating, that he or she can sing anything and mesmerize a room.  That is New Orleans-bred Andrew Duhon who could sing "Mary Had a Little  Lamb" and have people on their edges of their seats. There are traces of Van Morrison, Bob Dylan and various blues singers, Andrew's voice is ageless even though he's not yet 30. He's performing at the Bakersfield Museum of Art  6 p.m. (doors open at 5) Sunday, Nov 16.  Buy a ticket online at Eventbrite or at the door.

* … GOOD FORM: This letter from Twilla Klassen brightened my day, and I hope it does the same for you. Said Twilla: "What a blessing my friend David Urner and I had last Friday (Halloween) at Mexicali West. A young couple was in a booth across from us as we walked in for lunch. We said hello and sat down. When we got ready to leave the waiter gave David this note: 'To the cutest couple in the bar. We lost a grandmother yesterday. It was nice to sit and hear your banter and we wanted to buy your lunch. Have a wonderful weekend. Happy Halloween.' Thank you two so much. We have show the note to lot of people … this was special for us."

* … MEMORIES: Sue Anderson wrote to ask if anyone remembers the old Community Club Awards Program that was around in the mid to late 1960s. "The idea was that you would purchase certain items (Pepsi, Arby’s, etc) or patronize certain stores. Then you would save receipts, bottle caps, and other proofs of purchase, turn them in to your organizer and your club would be rewarded with cash prizes. The idea was great, but somehow it turned into more of a scavenger hunt  I remember going to gas stations and asking them to save their bottle caps, and had restaurants saving bread wrappers for me. I even remember my dad in a dumpster in the back of a neighborhood Thriftimart looking for cash register receipts!"

Home ownership rates slide in the United States post recession, and Elon Musk kicks off the CSUB speaker series in grand style

 * … REAL ESTATE: An interesting statistic came out this week noting that home ownership in the United States is at its lowest level in more than 20 years. The home ownership rate is now sitting at

65.1 percent, down from almost 70 percent in 2004. Experts say this points to the activity of investors buying up property when the market tanked, but apparently investor activity is now leveling off as prices rise. The cash offers from investors also squeeze first time buyers out of the market, and make it more difficult for those who are underwater on their mortgages to refinance.

 * … MUSK: Cal State Bakersfield could not have found a better speaker to kick off its Distinguished Speaker Series than Elon Musk, the South African-born entrepreneur and founder of PayPal who spoke at the Dore Theater Wednesday evening.  Musk, who also founded SpaceX and Tesla Motors electric car company, challenged the audience to think more broadly and was refreshingly honest in his opinions on things like High Speed Rail. (He called it an embarrassment based on 40-year-old technology.) Hats off to CSUB President Horace Mitchell for kicking off an important speaker series that will certainly enrich our community.

* … FOUNDRY: I was sad to learn that one of our downtown art galleries is shutting its doors. Opened in 2010, The Foundry Art Gallery has been a staple of the downtown scene, particularly on First Fridays. Christina and Ty Sweet, the owners, struggled to keep the gallery afloat but eventually were forced to close it. Christina Sweet told me she will go back to painting and will work with Don Martin, who owns The Metro Galleries next door, on an annual Foundry exhibit. (file photo of Christina Sweet)

 * ... DIAPERS: This comes from my friend Esther, a resident of La Cresta. She was walking her dog on the Panorama Bluffs last week when a car pulled up and five young people piled out. "There were two women and one had a baby in a stroller. They put the baby in the stroller and walked off. When I went to cross Panorama, I saw they left a fresh diaper right there on the curb. I was so mad. Then I saw they left their sun roof open so I tossed the diaper inside."

 * … HIGHWAY: Reader Sam Rodriguez poses this question: "I would like to know who is the brains behind eliminating the left turn lane heading east on Highway 178 to turn on to Masterson. Now you have to literally come to a stop on 178 to turn left onto Masterson. Needless to say this is very unsafe.  My daughter takes my grandson to school at St. Francis every morning and she says after dropping him off and coming home she has almost been rear ended twice. Just a very unsafe thing having to stop on a busy highway to make a left turn in front of westbound travelers on 178.

* … GOOD FORM: Hats off to Kerry Ryan and the crew at Action Sports for taking the time to conduct a bike maintenance class to Boy Scout Troop 147. Said Tom Saba, father of one of the Scouts: "This is the second time this past year that he has volunteered his time and resources in this manner. This helps the boys complete their cycling merit badge course."

Prepare for another surge in foreclosures and a Dezember girl opens a museum in Qatar

 * ... HOME SALES: Looks like we're in for more turbulence before we see a real recovery in the local real estate market. Analysts now say the recent drop in the foreclosure rate was only temporary, caused by lenders "putting the brakes" on repossessions because of the focus on faulty foreclosure practices. But now the big banks are expected to restart foreclosures  "with a vengeance," signaling a surge in repossessions this in the first quarter of this year. RealtyTrac vice president Rick Sharga told The Los Angeles Times that the U.S. housing market's recovery "would be set back three months because of the delays involved in the foreclosure fracas." Meanwhile, local Realtors are digging in for another bumpy ride before things start to improve.

* ... DEZEMBER GIRL: Here's a unique way to spend New Year's: Longtime  Bakersfield residents Brent and Anna Dezember ushered in the New Year halfway across the globe in Qatar, visiting their eldest daughter Michelle. Michelle is director of education for the Museum of Modern Art, Mathaf, Qatar. As a member of the executive team, she served as master of ceremonies for the opening of the museum as her proud parents looked on. She has been in Qatar about a year. Michelle graduated from Santa Clara University, was a Fulbright Scholar, studied at the University of  Barcelona and worked at the Brooklyn Museum before heading to Qatar. (photo courtesy of the Santa Clara University)

 * ... MIGS: Carl Bryan wrote in to join the chorus of local folks recalling Migs Apsit, the popular Bakersfield High School teacher who used to lead tours of the country during the summer. "I was fortunate enough to participate in Migs' USA tour the summer of 1960 (after my freshman year). Migs and his wife (nicknamed Tiny, I believe) and a few other chaparones accompanied by about 65 students on a big bus that went generally counter clockwise around the country. In seven weeks we passed through 37 states." Bryan noted that Migs was the head football coach at East. "Because of Migs' college football background (at USC, I believe) East High ran a single-wing offense. Migs also had the nickname of 'Hoppy' because he had been a part-time stand-in double in the movies for William Boyd, who played the part of Hopalong Cassidy."

 * ... DID YOU KNOW? The stately brick home located at 20th and B streets was built for Ellen Baker, the daughter of town founder Col. Baker. The house later became a Catholic boy's home and is now restored as a private residence and law office.

 * ... BAKERSFIELDISM: From reader Walter Stewart: You know you're a Bakersfield old timer if "you remember when the Bakersfield Symphony Orchestra was giving concerts when Anton Dvorak's Symphony in E minor No. 9 (From the New World), Op. 95 was known as Symphony No. 5. This is not a joke." I'll have to trust you on that one, Walter.

Dealing with an invasion of dragonflies, the homeless and plunging home sales

* ... DRAGON FLIES: Gretchen Knaggs shot me an email wondering what is going on with all the dragonflies on the west side of town. "I'm not sure if it is just in our part of town (out near Brimhall and Old Farm roads) but it is really something else. There were close to 15 in our front yard the other evening!" Gretchen ended with her own memory of east Bakersfield. "You know you're an old school east sider if remember Plahn's Bakery on Niles near Mount Vernon. That's a throwback to my grandparents Eric and Agnes Plahn."

 * ... HOMELESS: A local therapist took issue with my earlier post citing "one of the nuttier" areas of our community populated by the homeless and recently released parolees. Wrote Ethel C. Katz: "The 'homeless denizens' and 'scary looking parolees" are often suffering from chronic illnesses. They do not chose to live on the streets but without the necessary medication are relegated to them or to jails ... Most of this population do not have middle class homes to go to nor do they have incomes to purchase medication which would quiet their 'animated conversations with invisible partners.' A bit of sensitivity would go a long way to helping this under-served population." Sorry if I sounded insensitive, and I understand the issues, but it nevertheless is a nutty scene.

 * ... HOME SALES: Hard to be optimistic after hearing that home sales dropped 27.2 percent in July in another signal that this recession has a lot of life left in it. Regionally, the west dropped 25 percent and across the country, homes in the distressed category accounted for more than a third of all sales. This is not good news folks. It's easy to underestimate how important steady growth and a healthy real estate market are to our local economy, but the consumer is wary and lacking confidence. On the plus side, it is a great time to be in the market: mortgage rates are near historic lows and there is a lot of property to choose from. But consumers remain skittish, banks have raised their lending standards and many folks are just sitting on the  sidelines until this mess gets better.

 * ... UCSB: Local attorney Harley Pinson and his wife Cindy will be hosting a reception for all the young people heading to UC Santa Barbara. The Pinsons, both Gaucho grads, will host the incoming freshmen, their parents and local UCSB alumni on Sunday, September 12 from 2 p.m. to 4 p.m. Meetings like this allow the kids to exchange contact information for car pooling and are great opportunities for the parents to learn more about the school. If interested, call Harley at (661) 599-5584.

 * ... OLD EATERIES: Local farmer Dick Porter shot me a message recalling a restaurant that his parents took him to in the late 1940s and early 1950s. Called "Mr. and Mrs." it was located on the west side of Chester Avenue a few blocks south of California. "Their specialty was pan fried steaks, not breaded, just steaks fried in pans. I can still smell the absolutely fabulous aromas coming from the frying pans just across a stool counter. I can remember the floors were black and white linoleum tile and there were pictures of movie stars on the wall. Just fantastic food!"
 
  * ... SPOTTED: From reader Sue Allred: "Observed in the dress department at a Valley Plaza department store on Memorial Day afternoon. A young man said to a woman: 'If you choose a dress in the next 15 minutes I will pay for it.'" And Sue added: "You know you're from Bakersfield if on your summer walks you know what 'follow the shade' means. It can lead to some great new paths."

 * ... BAKERSFIELDISM: You know you're a Bakersfield  old timer if "you remember what was on the northeast corner of 19th Street and Union Avenue before Stan's Drive-in. (the old street car barn)

Short takes around town: McCarthy's healthcare town hall meeting will be huge; Wendy Wayne's recovery and more economic storm warnings

Lots happening around town and more warnings that we have a long way to go before we can dig out of this hole. Here we go:

* ... HEALTHCARE REFORM: Spent lunch at downtown Rotary listening to Rep. Kevin McCarthy's take on the nation's political pulse and the battle over health care. Kevin said his upcoming town hall meeting on health care reform, set for Wednesday Aug. 26, has proved so popular he has been forced to move it a second time. It will now be held at the Icardo Center over at Cal State Bakersfield to accommodate an ever growing crowd. "We went from 300 confirmed to 800 overnight," he said. Kevin is dead set against the Obama legislation, but given the conservative temper of our community, it promises to be a lively forum nonetheless. Kevin always gets a warm reception at downtown Rotary, where he is a member and the membership consists of prominent business owners across town. It's a friendly audience and his message that Speaker Nancy Pelosi is crafting the reform legislation without input from either the White House or opposition was well received. Rotary president Duane Keathley, a partner with CB Richard Ellis, got a laugh when he presented Kevin with a special gift: a doctored picture of Duane and Speaker Pelosi for Kevin's desk.

* ... WENDY WAYNE AND A NIGHT OF MARGARITAS: The same Rotary club held its summer social Wednesday night at the home of Lou and Sheryl Barbich up in the Bakersfield County Club area. Lou and Sheryl are always terrific hosts but clearly one of the highlights of the evening was seeing Wendy Wayne, the former First Five Commission director who has been battling non Hodgkins lymphoma. (read previous post here) Wendy just underwent the grueling stem cell procedure and said the followup tests have all been positive. Though professing to some fatigue, particularly later in the day, she looked fabulous and seemed like her old self. Among the others attending were potato farmer Dick Porter and wife Becky, Castle and Cooke President Bruce Freeman, CASA director Coleen McGauley, the aforementioned Duane Keathley and wife Corey, H. Walker's Men's Store owner Tracy Walker-Kiser and husband Brian, Patti Houchin, AGM Radio Group president Rogers Brandon and wife Esther, Memorial Hospital CEO Jon Van Boening and wife Phillis, Uniglobe Travel owner Ray Watson, Northwestern Mutual's Paul Sheldon and wife Nesi and Steve and Pat Loyd of Loyd's Aviation.. The picture features Rotary president Duane Keathley and past presidents Dick Porter, Rogers Brandon and Richard Beene surrounding longtime Rotary secretary Evelyn Johnson.




* ... COMMERCIAL LOAN COLLAPSE: I've been warning about the next shoe to drop: commercial real estate and loans. Lots of evidence that things are tough and could get tougher, Moody’s predicts the default rate on corporate loans could rise from 2.4 percent last year to 12.8 percent by the end of this year – the highest level on record. Moody's says that isn’t surprising when you consider companies need to roll over $1.4 trillion in high yield bonds and loans in coming years, with more than half coming due in the next five years. Goldman Sachs, meanwhile, is warning investors that the chances for a “double dip” recession remain significant.

* ... MORE HOUSING WOES: A study by the National Association of Realtors finds that 82 percent of people don’t have enough money for a down payment and 80 percent are waiting for the job market to stabilize before buying a home.