tag:blogger.com,1999:blog-200214832024-03-12T17:49:56.269-07:00EcoRealtyA down to earth look at real estate issues in
Northern New Jersey with an environmental twist.Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.comBlogger1008125tag:blogger.com,1999:blog-20021483.post-45241012999244803932018-03-23T06:44:00.003-07:002018-03-23T06:44:17.794-07:00Home Staging <a href="https://goo.gl/darYTh">https://goo.gl/darYTh</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-40194649512323264512018-02-12T06:58:00.001-08:002018-02-12T07:00:05.410-08:00Tesla to Partner with Home Depot for Solar Tile Installation <a href="https://www.usatoday.com/story/tech/2018/02/01/tesla-solar-energy-kiosks-coming-all-800-home-depot-locationsnow-pitching-its-solar-products-home-de/1086956001/">https://www.usatoday.com/story/tech/2018/02/01/tesla-solar-energy-kiosks-coming-all-800-home-depot-locationsnow-pitching-its-solar-products-home-de/1086956001/</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-26074131523966949522017-03-30T07:12:00.002-07:002017-03-30T07:20:34.775-07:00Souring Confidence in Economy and Housing Consumer Confidence in Economy & Housing is Soaring<br />
http://www.simplifyingthemarket.com/en/2017/03/30/consumer-confidence-in-economy-housing-is-soaring/?a=21372-d15d57ebc8a5cafd3fb1bb719f2cb1f3<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSU0zG4fSMlScmy6doytDxk3saQX8L_GUKw3w99wPECpsG7_w9CaauSsv0-g8AL2I83YUaMNWs_RIWmNisfuArwVh30Hv2MGJCqiSR4o3lMu6oHxevbBmDqEcEWFvug-pSC8vu/s1600/IMG_7272.PNG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="248" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSU0zG4fSMlScmy6doytDxk3saQX8L_GUKw3w99wPECpsG7_w9CaauSsv0-g8AL2I83YUaMNWs_RIWmNisfuArwVh30Hv2MGJCqiSR4o3lMu6oHxevbBmDqEcEWFvug-pSC8vu/s320/IMG_7272.PNG" width="320" /></a></div>
<br />Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-62778354366590949162016-09-26T12:51:00.003-07:002016-09-26T12:51:18.934-07:00The Rent Trap<br />
<br />
<header class="entry-header" style="background-color: white; box-sizing: border-box; color: #666666; font-family: 'Open Sans', sans-serif; font-size: 18px; outline: none !important;"><h1 class="entry-title" style="box-sizing: border-box; color: #00aeff; font-size: 38px; font-weight: 300; letter-spacing: -0.035em; line-height: 1.1; margin-bottom: 0px !important; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline: none !important; position: relative; text-rendering: optimizeLegibility;">
Don’t Get Caught in the Rental Trap!</h1>
</header><br />
<div class="entry-featured" style="background-color: white; border: 2px solid rgb(229, 229, 229); box-sizing: border-box; color: #666666; font-family: 'Open Sans', sans-serif; font-size: 14px; line-height: 25.2px; margin-top: 25px; outline: none !important; padding: 6px; position: relative;">
<div class="entry-thumb" style="background-color: #00aeff; box-sizing: border-box; outline: none !important; position: relative; transform: translate3d(0px, 0px, 0px);">
<img alt="Don’t Get Caught in the Rental Trap! | MyKCM" class="attachment-entry size-entry wp-post-image" height="410" src="https://s3.amazonaws.com/kcmmedia/2016/08/26110248/20160829-Share-STM.jpg" style="border: 0px; box-sizing: border-box; height: auto; max-width: 100%; min-width: 100%; outline: none !important; transition: opacity 0.75s ease; vertical-align: middle;" width="750" /></div>
</div>
<div class="entry-content content" style="background-color: white; box-sizing: border-box; color: #666666; font-family: 'Open Sans', sans-serif; font-size: 18px; margin-top: 25px; outline: none !important;">
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.</div>
<h4 style="box-sizing: border-box; color: #00aeff; font-size: 30.852px; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizeLegibility;">
<span style="box-sizing: border-box; font-weight: 700; outline: none !important;">Don’t Become Trapped</span></h4>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
Jonathan Smoke, <em style="box-sizing: border-box; outline: none !important;">Chief Economist at realtor.com,</em> <a href="http://www.realtor.com/news/trends/wake-up-housing-crisis-harvard-renting-report/" style="background-color: transparent; box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration: none; transition: color 0.3s ease, background-color 0.3s ease, border-color 0.3s ease, box-shadow 0.3s ease, opacity 0.3s ease;" target="_blank" title="reported">reported</a> on what he calls a <em style="box-sizing: border-box; outline: none !important;">“Rental Affordability Crisis.”</em> He warns that,</div>
<blockquote style="border-bottom-style: none; border-left-color: rgb(229, 229, 229) !important; border-left-style: solid !important; border-left-width: 1px !important; border-right-style: none; border-top-style: none; box-sizing: border-box; color: #00aeff; font-family: Lato, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 24px; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;">
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
<em style="box-sizing: border-box; outline: none !important;">“Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they’ll outpace home price appreciation in the year ahead.”</em></div>
</blockquote>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
In the <em style="box-sizing: border-box; outline: none !important;">Joint Center for Housing Studies at Harvard University's 2015 Report on Rental Housing,</em> they reported that 49% of rental households are cost-burdened, meaning they spend more than 30% of their income on housing. These households struggle to save for a rainy day and pay other bills, such as food and healthcare.</div>
<h4 style="box-sizing: border-box; color: #00aeff; font-size: 30.852px; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizeLegibility;">
<span style="box-sizing: border-box; font-weight: 700; outline: none !important;">It’s Cheaper to Buy Than Rent</span></h4>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
In Smoke’s article, he went on to say,</div>
<blockquote style="border-bottom-style: none; border-left-color: rgb(229, 229, 229) !important; border-left-style: solid !important; border-left-width: 1px !important; border-right-style: none; border-top-style: none; box-sizing: border-box; color: #00aeff; font-family: Lato, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 24px; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;">
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
<em style="box-sizing: border-box; outline: none !important;">“Housing is central to the health and well-being of our country and our local communities. In addition, this (rental affordability) crisis threatens the future value of owned housing, as the burdensome level of rents will trap more aspiring owners into a vicious financial cycle in which they cannot save and build a solid credit record to eventually buy a home.”</em></div>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
<em style="box-sizing: border-box; outline: none !important;"> </em><em style="box-sizing: border-box; outline: none !important;">“While more than 85% of markets have burdensome rents today, it’s perplexing that in more than 75% of the counties across the country, it is actually cheaper to buy than rent a home. So why aren’t those unhappy renters choosing to buy?”</em></div>
</blockquote>
<h4 style="box-sizing: border-box; color: #00aeff; font-size: 30.852px; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizeLegibility;">
<span style="box-sizing: border-box; font-weight: 700; outline: none !important;">Know Your Options</span></h4>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
Perhaps you have already saved enough to buy your first home. <em style="box-sizing: border-box; outline: none !important;">HousingWire</em> <a href="http://www.housingwire.com/blogs/1-rewired/post/30441-nomura-fear-is-keeping-demand-pent-up" style="background-color: transparent; box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration: none; transition: color 0.3s ease, background-color 0.3s ease, border-color 0.3s ease, box-shadow 0.3s ease, opacity 0.3s ease;" target="_blank" title="reported">reported</a> that analysts at <em style="box-sizing: border-box; outline: none !important;">Nomura</em> believe:</div>
<blockquote style="border-bottom-style: none; border-left-color: rgb(229, 229, 229) !important; border-left-style: solid !important; border-left-width: 1px !important; border-right-style: none; border-top-style: none; box-sizing: border-box; color: #00aeff; font-family: Lato, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 24px; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;">
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
<em style="box-sizing: border-box; outline: none !important;">"It’s not that Millennials and other potential homebuyers aren’t qualified in terms of their credit scores or in how much they have saved for their down payment.</em></div>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
<em style="box-sizing: border-box; outline: none !important;"> </em><em style="box-sizing: border-box; outline: none !important;">It’s that <span style="box-sizing: border-box; font-weight: 700; outline: none !important;">they think</span> they’re not qualified or <span style="box-sizing: border-box; font-weight: 700; outline: none !important;">they think</span> that they don’t have a big enough down payment.” (emphasis added)</em></div>
</blockquote>
<div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;">
Many first-time homebuyers who believe that they need a large down payment may be <a href="http://www.mykcm.com/2016/08/23/2-myths-about-mortgages-that-may-be-holding-back-buyers/" style="background-color: transparent; box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration: none; transition: color 0.3s ease, background-color 0.3s ease, border-color 0.3s ease, box-shadow 0.3s ease, opacity 0.3s ease;" target="_blank" title="holding themselves back">holding themselves back</a> from their dream home. As we have reported <a href="http://www.mykcm.com/2016/04/11/you-can-save-for-a-down-payment-faster-than-you-think/" style="background-color: transparent; box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration: none; transition: color 0.3s ease, background-color 0.3s ease, border-color 0.3s ease, box-shadow 0.3s ease, opacity 0.3s ease;" target="_blank" title="before">before</a>, in many areas of the country, a first-time home buyer can save for a 3% down payment in less than two years. You may have already saved enough!</div>
<h3 style="box-sizing: border-box; color: #00aeff; font-size: 41.13px; font-weight: 300; letter-spacing: -0.035em; line-height: 1.3; margin: 1.25em 0px 0.2em; outline: none !important; text-rendering: optimizeLegibility;">
<span style="box-sizing: border-box; font-weight: 700; outline: none !important;">Bottom Line</span></h3>
<div style="box-sizing: border-box; outline: none !important;">
Don’t get caught in the trap so many renters are currently in. If you are ready and willing to buy a home, find out if you are able. Let’s get together to determine if you could qualify for a mortgage now!</div>
</div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-75846017470865159502015-05-26T23:56:00.000-07:002015-06-25T13:28:47.967-07:00If I Had a Hammer...If you are planning on selling your home over the next two years, now may be the time to act. Demand is high, supply is low and many homeowners are benefiting from an almost auction atmosphere with several buyers fighting for their house in the current multi-bid environment. Higher prices and less stringent contingencies are making it easier for the seller and their family.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrcuLJmLMTMnCCUIBRr8QBKHVjurDhspCyebK6SDUKu1PegDqG6ddbo7AIIXOu474XAyn2U4io09seZETxPjwQxaOAikkti3LAd3cZ8VMDsVKMMsJA_bruF8S6R-4Ca59BKdpB/s1600/New-Construction2.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrcuLJmLMTMnCCUIBRr8QBKHVjurDhspCyebK6SDUKu1PegDqG6ddbo7AIIXOu474XAyn2U4io09seZETxPjwQxaOAikkti3LAd3cZ8VMDsVKMMsJA_bruF8S6R-4Ca59BKdpB/s400/New-Construction2.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com2tag:blogger.com,1999:blog-20021483.post-66165371246513355552015-05-20T23:41:00.002-07:002015-05-20T23:41:08.895-07:00Why Rates Matter<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgahXvl20vqUgS6-v7YJEK7MNjMdXidHygxmyArpLFkhfvbS3nnWoPd1vPVrQ0RtyoMhdlOJPWFzxd6tPbtuxFBLXVQQmcyBoFwOg3pFsCEKAbbeTxuI5KNsznJXmzrU3nbm_Yk/s1600/Screen+Shot+2015-05-21+at+2.34.38+AM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgahXvl20vqUgS6-v7YJEK7MNjMdXidHygxmyArpLFkhfvbS3nnWoPd1vPVrQ0RtyoMhdlOJPWFzxd6tPbtuxFBLXVQQmcyBoFwOg3pFsCEKAbbeTxuI5KNsznJXmzrU3nbm_Yk/s640/Screen+Shot+2015-05-21+at+2.34.38+AM.jpg" /></a></div>
Even a small increase in interest rates drastically impacts your budget.<br />
Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest.Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-7539705986723495212015-05-10T23:29:00.005-07:002015-05-27T08:35:57.410-07:00Priorities<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGC85xumbdkB_2FIyH6SChXhg0qB1Uehp2KxpaoXXDOq7-xeB9oNhOolUUOfZrqcIuJgZ3MZzvVzPQ-f_wFP_F6nwr6-3cB-ry73FwP-9HRRw9cdnMxuA6jiptsaarB7nbumt/s1600/94%25+homeowners.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGC85xumbdkB_2FIyH6SChXhg0qB1Uehp2KxpaoXXDOq7-xeB9oNhOolUUOfZrqcIuJgZ3MZzvVzPQ-f_wFP_F6nwr6-3cB-ry73FwP-9HRRw9cdnMxuA6jiptsaarB7nbumt/s640/94%25+homeowners.jpg" /></a></div>
At the same time, Tim Rood, chairman of the business advisory firm The Collingwood Group, explained that real estate is:<br />
<br />
“…one of the last legitimate wealth creation opportunities…The leveraged return if you put down 10 percent on a house, the trajectory of appreciation lately is you’re going to get your money back inside of a year and then after that 5 to 10 percent appreciation rates. It's phenomenal."Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-43101937329110911272015-05-06T23:23:00.002-07:002015-05-07T05:54:01.836-07:00Extracting Teasures from the "Trash" of Home Rennovations<br />
<br />
<br />
Grist.com's "Ask Umbra" column provides some great suggestions <a href="http://grist.org/living/are-the-leftovers-from-home-remodeling-trash-or-treasure/">for re-cycling the byproducts of home renovations:</a><br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVe76mme9v5sRspddZFew7JaghMurlSeZUWPkvxLCkGJsiW7zkPBrSzCkFy8siOU9tL2RPZi1f9u6maqE9DvubGEYPI4FL-9hX-wznD311HmREit9H70J2smly1lCXYSmrZYTv/s1600/Screen+Shot+2015-05-07+at+2.02.11+AM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVe76mme9v5sRspddZFew7JaghMurlSeZUWPkvxLCkGJsiW7zkPBrSzCkFy8siOU9tL2RPZi1f9u6maqE9DvubGEYPI4FL-9hX-wznD311HmREit9H70J2smly1lCXYSmrZYTv/s400/Screen+Shot+2015-05-07+at+2.02.11+AM.jpg" /></a></div>
....But if you don’t have a new home for it, someone else probably does (especially if you slap a “vintage” label on it). Renovators may be able to sell their old pieces on eBay or Craigslist to other thrifty builders – so if your neighbors have some particularly cool trash, it’s worth a shot.<br />
An even better option might be donating their unwanted tubs, lights, and flooring, though: This helps support worthy causes and may translate into a hefty tax write-off.<br />
The biggie here is <a href="http://www.habitat.org/env/restores.aspx">ReStore, Habitat for Humanity’s nationwide chain of resale shops</a> for building materials, furniture, and the like. These outlets accept donations of all kinds of stuff, either for drop-off or pickup, as long as it’s in good shape. Other local organizations or secondhand outfits might also accept the salvage from remodeling projects, so it’s worthwhile to ask around.<br />
Bonus: Keeping supplies in circulation means other builders have access to local goodies, reducing shipping and transport costs for their projects. Yet another one of my favorite things!
This robust secondhand market underscores why it’s important to <a href="http://www.seattle.gov/Documents/Departments/OSE/GreenHomeGuide-Salvage.pdf">do your home makeovers carefully</a>, by the way. Smashing cabinets with a sledgehammer might sound like fun for a few minutes, I suppose, but carefully removing them for resale yields years of décor satisfaction for someone else. This practice even has a name: <a href="http://www.bobvila.com/articles/deconstruction-vs-demolition-recycled-building-materials/#.VUsErM604q9">deconstruction, </a>as opposed to demolition, and it can be applied to everything from counters to plumbing fixtures to roofing to molding. You can hire professionals who specialize in just this kind of mindful renovation (and local ReStore outlets can often hook you up with their own deconstruction crews).Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-45082388764902432242015-04-27T00:45:00.000-07:002015-04-27T00:46:28.294-07:00Vacation Homes Surge<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-aHtYP3VI5iQITNvJcvJk4ZpUi9vxwqEYt4c84n_T6ygnw3ke_InwevGMaOut6-6wPNQm7-MogCgZEaBwbLYgLruUpUnuNRMAQDXsyXyrAcaXDTzH6ZbpLpSB-qzCNlIaPO3b/s1600/Vacation-Homes-KCM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg-aHtYP3VI5iQITNvJcvJk4ZpUi9vxwqEYt4c84n_T6ygnw3ke_InwevGMaOut6-6wPNQm7-MogCgZEaBwbLYgLruUpUnuNRMAQDXsyXyrAcaXDTzH6ZbpLpSB-qzCNlIaPO3b/s640/Vacation-Homes-KCM.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-17671905008584708702015-04-12T20:51:00.003-07:002015-04-12T20:51:32.067-07:00Lenders Lowering Mortgage HurdlesThere has been a lot of discussion about how difficult it is to get a home mortgage in this market. There is no doubt that the process is not as easy as it was eight to ten years ago and that’s probably good news. However, it does appear that availability to mortgage money is increasing with each passing day.<br />
<br />
The Mortgage Bankers’ Association publishes the Mortgage Credit Availability Index(MCAI). According to their site the index is “a summary measure which indicates the availability of mortgage credit at a point in time”. As we can see from the graph below, mortgage availability has been increasing dramatically over the last six months.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGcp3ZfEagIcy76fYLAe8KEw-UnuafZIryVDg7jxRR1rVOZOBitARRGwhE6kybDLDOhogMEAQpqAp_pkmYtgUTm8s4Vs7ZAaot75ltJ2xGkK1ZmTB9hYYK0v-V2cQ3ceb4JEbz/s1600/Screen+Shot+2015-04-12+at+11.47.21+PM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGcp3ZfEagIcy76fYLAe8KEw-UnuafZIryVDg7jxRR1rVOZOBitARRGwhE6kybDLDOhogMEAQpqAp_pkmYtgUTm8s4Vs7ZAaot75ltJ2xGkK1ZmTB9hYYK0v-V2cQ3ceb4JEbz/s640/Screen+Shot+2015-04-12+at+11.47.21+PM.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-19774110726317509462015-04-08T23:17:00.000-07:002015-04-08T23:17:41.493-07:00The True Cost of SprawlTwo new studies demonstrate the true costs of sprawl, and attempt to show that if new development was built at higher densities and with proper public transit, billions of dollars could be saved. Read more <a href="http://www.treehugger.com/urban-design/new-studies-measure-true-cost-sprawl-and-its-more-you-think.html">at TreeHugger.com</a>
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQObTeqp69-7NFcY6v5-uEDD9Xvt3jK8ljwSOWUwdQg32PxfNDieFA_QXfbzR439wk840zrvcy9nzVzCP6y7qbdisDYSAVrJvfT4qzBsyGB5zXQPAQdHEu3RuhFh8UaJizVUuk/s1600/Screen+Shot+2015-04-09+at+2.11.05+AM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjQObTeqp69-7NFcY6v5-uEDD9Xvt3jK8ljwSOWUwdQg32PxfNDieFA_QXfbzR439wk840zrvcy9nzVzCP6y7qbdisDYSAVrJvfT4qzBsyGB5zXQPAQdHEu3RuhFh8UaJizVUuk/s640/Screen+Shot+2015-04-09+at+2.11.05+AM.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-65587244756819576602015-04-02T23:57:00.000-07:002015-04-02T23:57:00.891-07:00NAR Home Sales Updates<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMj-b6HKnmo9NxD1QpUb2W8DIC7H2nCi25K-aDTMug3fKe6-0BNvNGQXct9aGssHhNAJkSlEU_0FLCX6dIX4JMSwpXGx6F2BgSPsr2cLr3iqALzzhaKYWvsvhn_DOKnmV-0SqD/s1600/Existing-Home-Sales-February1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMj-b6HKnmo9NxD1QpUb2W8DIC7H2nCi25K-aDTMug3fKe6-0BNvNGQXct9aGssHhNAJkSlEU_0FLCX6dIX4JMSwpXGx6F2BgSPsr2cLr3iqALzzhaKYWvsvhn_DOKnmV-0SqD/s640/Existing-Home-Sales-February1.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-19838396013719971322015-03-28T23:58:00.001-07:002015-04-02T23:53:20.569-07:00Tiny Houses Evolving into Bed and Breakfast BizBreaking treehugger.com news from the rapidly growing movement towards tiny houses is <a href="http://www.treehugger.com/tiny-houses/185-sq-ft-modern-tiny-home-nashville.html">this custom built house</a> from Nashville.
The 185 square ft. home uses a restored trailer, and the windows were sourced from the local <a href="http://www.habitat.org/restores">Habitat Restore</a>.<br />
<br />
The owners reportedly built this small home as a way to generate extra income (they are currently renting it out on AirBnB), but plan to live in it in the future.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnSfr5ribKtalkKURb4ZE6R4pw4PXqbZwgk6hBBKuJXe6r4CshPhAuADarLqhYeW1346Ushyd4bouHCUMNvvEk5oBOzKjG-6TyLDk2c0RxpIQfpalXiDRj9x0OwDFcYUO37ha8/s1600/Screen+Shot+2015-03-29+at+4.12.04+AM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjnSfr5ribKtalkKURb4ZE6R4pw4PXqbZwgk6hBBKuJXe6r4CshPhAuADarLqhYeW1346Ushyd4bouHCUMNvvEk5oBOzKjG-6TyLDk2c0RxpIQfpalXiDRj9x0OwDFcYUO37ha8/s640/Screen+Shot+2015-03-29+at+4.12.04+AM.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-40510225741420897032015-03-23T23:57:00.001-07:002015-03-24T00:22:19.776-07:00A Snapshot of Homebuyers<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_IyOYYAy_HOilSbF7OvkkOJb7MX1SsqxChor_rPvdGd4SqK-EGm13DeKYlVc79lL9PPmex1iI0xoi7O81adoj1Zrg1XrFxu3mwA9MNGCLMMaJLAannVCCt7Yo4jWTptS-0GgF/s1600/A-Snapshot-of-Homebuyers.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_IyOYYAy_HOilSbF7OvkkOJb7MX1SsqxChor_rPvdGd4SqK-EGm13DeKYlVc79lL9PPmex1iI0xoi7O81adoj1Zrg1XrFxu3mwA9MNGCLMMaJLAannVCCt7Yo4jWTptS-0GgF/s640/A-Snapshot-of-Homebuyers.jpg" /></a></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-9001966094671605652015-03-20T23:55:00.001-07:002015-03-21T00:32:49.311-07:00Serious Investors Still Flip for FlippingDespite steadily rising rents, experienced investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according a new report from <a href="http://auction.com/">Auction.com</a>.<br />
<br />
The results come courtesy of Auction.com’s February 2015 Real Estate Investor Activity Report, a nationwide survey of real estate investors bidding on properties offered for auction during the period.<br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIcPM10iVHXHDbS79XSd6ygb1wFIWUEJqFv5yKVUZLNwSMal_9VA_wky7FiO8sbscmMdkpecl_ZFP37bLj6KNU4UAQOrNppy3aXK6dLpPvLtA0T-inmk0ZEFb0m6VYheOuUHQQ/s1600/Screen+Shot+2015-03-21+at+3.22.19+AM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjIcPM10iVHXHDbS79XSd6ygb1wFIWUEJqFv5yKVUZLNwSMal_9VA_wky7FiO8sbscmMdkpecl_ZFP37bLj6KNU4UAQOrNppy3aXK6dLpPvLtA0T-inmk0ZEFb0m6VYheOuUHQQ/s320/Screen+Shot+2015-03-21+at+3.22.19+AM.jpg" /></a></div>
According to Auction.com’s survey, 57.3% of respondents who identified as full-time “real estate investors” are looking to flip a property, compared to 41.5% that are buying to rent.<br />
<br />
On the other hand, survey respondents who said that they were just making a “one-time purchase” were much more likely to be buying to rent (64.5%) than buying to flip (34.6%).<br />
More details via <a href="http://www.housingwire.com/articles/print/33264-auctioncom-investors-still-flip-for-flipping">Housingwire:</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-25589875438957922042015-03-08T23:58:00.001-07:002015-03-09T00:04:14.032-07:00The Difference an Hour Makes<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg73LgZ_Rfs6bhxJDtf0Wy5U42Q3aO2kFLF8dhLR4DxY5fD7_55zm3WwxntjlO9UDB1eYOneZonBr1XNRVZGxxGQ9rwbCE9aOQeX09So5CZh46PDwn2Jhjk5md12t_KocTl-UlW/s1600/The-Difference-a-Hour-Makes1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg73LgZ_Rfs6bhxJDtf0Wy5U42Q3aO2kFLF8dhLR4DxY5fD7_55zm3WwxntjlO9UDB1eYOneZonBr1XNRVZGxxGQ9rwbCE9aOQeX09So5CZh46PDwn2Jhjk5md12t_KocTl-UlW/s640/The-Difference-a-Hour-Makes1.jpg" /></a></div>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-65748062551883291142015-03-01T23:57:00.002-08:002015-03-02T00:48:05.597-08:00Understanding Points In A Home Mortgage Loan - When Is It Best To Use Them?When determining the best interest rate option to choose, when doing a refinance or buying a new home, there are essentially 3 options that one should consider in order to come up with the best strategy for your loan situation.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJUwxV1XXuV_UPNM1cj6WQ2cLfxi7GyipD0_h3ak4ckPqKnraC0eL5hOnUQTHXeNs96dD7CU7s7kfEngt1grCOqwOYzutrswE-Wf2XRrRy0FeBCqjG_tXkikEQexuoCHxT-dVY/s1600/Home+leans.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJUwxV1XXuV_UPNM1cj6WQ2cLfxi7GyipD0_h3ak4ckPqKnraC0eL5hOnUQTHXeNs96dD7CU7s7kfEngt1grCOqwOYzutrswE-Wf2XRrRy0FeBCqjG_tXkikEQexuoCHxT-dVY/s320/Home+leans.jpg" /></a></div>
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3uyMlsdr6lqr7MkNokjh1HHNSUXIlAlofMUUdDMR_7ThZh98v2iFPWzsqsU8CtBWJny58MtZ1AfFRNnBteq5OHHugya0w0FkOJO8OSRXzRtZGE4CPU9eTGI88uMSaBago_2co/s1600/house+on+stack+of+bils.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><br /></a></div>
<ul style="border: 0px; color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 15.600000381469727px; line-height: 24px; list-style: none; margin: 0px 0px 24px 1.5em; padding: 0px; vertical-align: baseline;">
<li style="background-attachment: scroll; background-image: url(http://achievementszone.com/wp-content/themes/smartone/images/list.gif); background-position: 5px 7px; background-repeat: no-repeat no-repeat; border: 0px; margin: 0px; padding: 0px 0px 0px 25px; vertical-align: baseline;">PAY POINTS AND LOWER THE INTEREST RATE</li>
<li style="background-attachment: scroll; background-image: url(http://achievementszone.com/wp-content/themes/smartone/images/list.gif); background-position: 5px 7px; background-repeat: no-repeat no-repeat; border: 0px; margin: 0px; padding: 0px 0px 0px 25px; vertical-align: baseline;">GET THE BEST INTEREST RATE WITH NO POINTS ADDED</li>
<li style="background-attachment: scroll; background-image: url(http://achievementszone.com/wp-content/themes/smartone/images/list.gif); background-position: 5px 7px; background-repeat: no-repeat no-repeat; border: 0px; margin: 0px; padding: 0px 0px 0px 25px; vertical-align: baseline;"><span style="font-size: 15.600000381469727px; text-align: center;">PAY A HIGHER INTEREST RATE AND PAY NO CLOSING COSTS </span></li>
</ul>
<div style="text-align: left;">
<span style="color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; text-align: center;">Dan White has given us a breakdown of <a href="http://achievementszone.com/?p=934">the advantages and disadvantages of each scenario.</a></span></div>
<div style="text-align: left;">
<span style="color: #333333; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 24px; text-align: center;"><br /></span></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-81654973414851375642015-02-24T23:57:00.001-08:002015-02-25T00:30:14.598-08:00Making Homes Affordable With Shared EquityState and local governments are putting home ownership within reach of moderate and low-income families through a program called Shared Equity.<br />
<br />
Under the program, homebuyers that earn $80,200 or less annually, do not own another home, or have significant assets beyond savings and retirement accounts, may qualify to receive funds for a down payment on a home.<br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1iRW8nu-h7TdgVCPAx3j8l9c2ENz3pZtnu1iK_lYQ-3Yw6KWm5N59JYWIutJ6S3O4_D9Z0rCVF31zHRrvG7CEOC9KGCsVjjPsqI8oGVWbcKgAKcEKIs2HRRRS_eFm0qkJQKOy/s1600/Home+$+make-money-at-home-300x261.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1iRW8nu-h7TdgVCPAx3j8l9c2ENz3pZtnu1iK_lYQ-3Yw6KWm5N59JYWIutJ6S3O4_D9Z0rCVF31zHRrvG7CEOC9KGCsVjjPsqI8oGVWbcKgAKcEKIs2HRRRS_eFm0qkJQKOy/s320/Home+$+make-money-at-home-300x261.png" /></a></div>
According to the National Housing Conference, “In return for this investment, the government entity shares in the benefits of any home price appreciation that may occur.<br />
<br />
The public’s share in the benefits of any home price appreciation may be used in two ways; it can either be returned to the government in the form of cash payment that can be used to help another family, or it can stay with the home, reducing the cost of that home for the next family.”<br />
More details at<a href="http://money.cnn.com/2015/02/20/real_estate/vermont-housing-trust/index.html"> cnn.com</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-30920364268812774912015-02-17T23:58:00.003-08:002015-02-18T00:06:56.835-08:00the 2020 Outlook for Home Prices With inventory presently below historically normal levels, current & future home prices have been the topic of many real estate conversations. The most recent Home Price Expectation Survey was just released; giving insight into where experts believe prices will be leading up to 2019.<br />
<br />
Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Q4rBUA-k2eQEbrlKFws8Svuh0WM1t4_HXJ0WGFGoidsO_3AOaRnruoFYUwzAaMx2aCYHT-VpCOTMZoKE5dmwBnKJpWxOnEICpIYtM9l0SBhkF_PA8S941-2ApS-hxUlw3H1f/s1600/peopleHome-Price-Expectation-fbshare.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Q4rBUA-k2eQEbrlKFws8Svuh0WM1t4_HXJ0WGFGoidsO_3AOaRnruoFYUwzAaMx2aCYHT-VpCOTMZoKE5dmwBnKJpWxOnEICpIYtM9l0SBhkF_PA8S941-2ApS-hxUlw3H1f/s400/peopleHome-Price-Expectation-fbshare.jpg" /></a></div>
<br />
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 17px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">Here are some highlights from their <a href="https://pulsenomics.com/Home-Price-Expectations.html" style="border: 0px; color: #00aeff; margin: 0px; outline: 0px; padding: 0px; text-decoration: none; vertical-align: top;" target="_blank">latest survey</a>:</strong></h4>
<ul style="border: 0px; color: #444444; font-family: Helvetica, Arial, sans-serif; font-size: 14px; line-height: 21px; list-style: none; margin: 0px 0px 1.5em; outline: 0px; padding-bottom: 0px; padding-left: 20px !important; padding-right: 0px; padding-top: 0px; vertical-align: top;">
<li style="border: 0px; list-style-type: disc; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">Home values will appreciate by 4.4% in 2015.</li>
<li style="border: 0px; list-style-type: disc; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">The cumulative appreciation will be 19.3% by 2019.</li>
<li style="border: 0px; list-style-type: disc; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">That means the average annual appreciation will be 3.6% over the next 5 years.</li>
<li style="border: 0px; list-style-type: disc; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 11.7% by 2019.</li>
</ul>
<div style="border: 0px; color: #444444; font-family: Helvetica, Arial, sans-serif; font-size: 14px; line-height: 21px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
Individual opinions make headlines. We believe the survey is a fairer depiction of future values.</div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-68407807689433038592015-02-12T23:35:00.003-08:002015-02-14T14:20:06.320-08:00Protecting Your Pipes From Sub-freezing TempsDepending on where you live, frozen pipes resulting in damage to your home and your belongings can be a very real threat. Here are a few tips to help prevent frozen pipes:
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgp5Fm8lUoSQuSxzVXVVyW7j0bYCq3WPpjmBmFnLv_yxeTMt4YR4R3glMVjzicTWYxgsQovXGabWcJVU7iquesO_4ntJsLko7chM5yAR-O5A__Kvfd7uhJZ3uoZ7eSHj8zhynrx/s1600/frozen-pipe.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgp5Fm8lUoSQuSxzVXVVyW7j0bYCq3WPpjmBmFnLv_yxeTMt4YR4R3glMVjzicTWYxgsQovXGabWcJVU7iquesO_4ntJsLko7chM5yAR-O5A__Kvfd7uhJZ3uoZ7eSHj8zhynrx/s400/frozen-pipe.jpg" /></a></div>
<br />
1) Disconnect all outside hoses. This is the most common cause of frozen pipes. One way to reduce this risk is by putting your hoses away in the shed or garage for the winter. That way, if someone connects a hose they will hopefully disconnect it to put it back in its place. Also, if you see a hose out of storage it will be a red flag that someone connected it.
<br />
<br />
2) Blow out sprinklers. This will prevent the system from freezing. If you realize you’ve forgotten to do this or if cold weather comes in early, at least be sure to turn the sprinkler water valve off. That way if it freezes your home won’t flood.<br />
<br />
3} If you’re leaving town during the winter, one way to protect your home is to turn the main water valve inside the home off while you’re gone.<br />
<br />
4) Even though this is not a frozen pipe, clogged gutters can fill with ice and cause roof leaks from water damming. Another problem is the gutter can become heavy and rip off, causing other damage.<br />
<br />
5) Occasionally in older homes or in areas with extreme low temperatures it’s possible for the pipes inside an exterior wall to freeze. If you know the temps will be extreme you can keep a faucet at the end of this pipe running very slowing to prevent freezing.
-<br />
See more at: <a href="http://www.trinitytitletx.com/trinity-daily/avoid-frozen-pipes-this-winter/#sthash.iXvcKBR8.dpuf">http://www.trinitytitletx.com/trinity-daily/avoid-frozen-pipes-this-winter/#sthash.iXvcKBR8.dpuf</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-14253564472902785822015-02-09T00:26:00.001-08:002015-02-09T00:26:28.669-08:00This Tiny House is Bigger Than It LooksWe continue to be fascinated by small space living, and this Austrian house is our latest obsession. Not only is this 484-square-foot compact castle set in the middle of one of the most beautiful parts of the Austrian Alps, but it has one of the most stylish interiors of any size we've seen anywhere. The panoramic windows let in an amazing amount of natural light. <br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgWaFRst12NuVc6CLTjP_jW2ZelwaECa47hSzTBDczUr1Pr_Twoa0NzM3FFWOo-W1eOE6LmQKJIDV2r3zW3PtikOFcF_boggm3NneJFRGBWxp3BnHNOtNY8jlwCaZzR1Iuuz3hm/s1600/Tiny+house+ext+summer.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgWaFRst12NuVc6CLTjP_jW2ZelwaECa47hSzTBDczUr1Pr_Twoa0NzM3FFWOo-W1eOE6LmQKJIDV2r3zW3PtikOFcF_boggm3NneJFRGBWxp3BnHNOtNY8jlwCaZzR1Iuuz3hm/s400/Tiny+house+ext+summer.jpg" /></a></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiat3evwbtSyn-XdofGwQkysWBJqVWnaS44iGzE66k83eyEWidU4LstIriGhGSqKxDMaZIEl2hQked34NfYOoNM4fYoX3RGJKNRAKHwGQPGGY-RptkjTMrvwwo8LGBOwFUND4Xv/s1600/Tiny+A;ps+house+interior.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiat3evwbtSyn-XdofGwQkysWBJqVWnaS44iGzE66k83eyEWidU4LstIriGhGSqKxDMaZIEl2hQked34NfYOoNM4fYoX3RGJKNRAKHwGQPGGY-RptkjTMrvwwo8LGBOwFUND4Xv/s400/Tiny+A;ps+house+interior.jpg" /></a></div>
Although the inside is very modern, there is still a sense of warmth from all of the exposed wood. What this place lacks in size, it makes up for in spectacular design and breathtaking natural beauty surrounding it. It was originally built as a family vacation home, but now anyone can rent it out any time throughout the year. This compact house might look incredibly awkward and small on the outside, but once you step inside… prepare to be totally amazed. It was originally built as a family vacation home, but now anyone can rent it out any time throughout the year. Many more interior and exterior photos c<a href="http://topbuzzsite.com/youd-never-live-here-because-its-too-small-right-step-inside-yep-thought-so/">an be found here.</a>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com7tag:blogger.com,1999:blog-20021483.post-64876828923329698002015-02-04T00:44:00.000-08:002015-02-15T05:32:22.408-08:00Return of the 3% Down PaymentFrom <a href="http://www.marketwatch.com/story/down-payments-get-smaller-2015-01-26">The Wall Street Journal's Market Watch</a>:<br />
It is getting easier for some buyers to land a house with less money up front.
More lenders are lowering down-payment requirements, allowing borrowers to commit 3%—or even less—of a home’s purchase price to get a mortgage. Many had been requiring down payments of at least 20% since the recession began.
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMTN1hYVY308VYwVR3rGYqUnx14kNyJ5iwBpiCZUzaS9oWGox_0JMyPnTM7JxwTnzUSGTJh2OSmT81O6LlsCxiKiplNqrklqW2kJWu13ssxLTiVD4Rge9BXiWtyPJj6BQ8jaEo/s1600/3+Pecent+Mortgages.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMTN1hYVY308VYwVR3rGYqUnx14kNyJ5iwBpiCZUzaS9oWGox_0JMyPnTM7JxwTnzUSGTJh2OSmT81O6LlsCxiKiplNqrklqW2kJWu13ssxLTiVD4Rge9BXiWtyPJj6BQ8jaEo/s400/3+Pecent+Mortgages.jpg" /></a></div>
Some lenders also are waiving mortgage-related fees, and more are allowing down payments to be made by other parties, such as the borrower’s family.<br />
<br />
The deals are aimed at buyers with good credit scores and a steady income who have been unable to save enough for a sizable down payment. They are often targeted at buyers who live in expensive housing markets, where even a small down payment can equal tens of thousands of dollars.<br />
<br />
Fannie Mae’s plan was effective December 13, 2014 while the Freddie Mac plan will be available March 23, 2015.<br />
<br />
Despite criticisms from some Republicans that the loosening federal home loan policies signal a return to the sub prime era, <a href="http://activerain.trulia.com/blogsview/4592531/fannie-mae---freddie-mac-3--down-payment-mortgages">mortgage experts point out </a>that credit requirements will remain very strict:
"....low down payments have NOTHING to do with failed mortgages, In fact low down payments have helped homeowners hang on to their homes by allowing them to keep more of their money for emergencies."<br />
<br />
<br />Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-51782854080338166582015-01-29T23:57:00.003-08:002015-02-04T00:44:30.603-08:00A Good Time to Buy<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiykkP1VVMfgixq-lm8v8WUkeMe3pUq28flGaxAKZhbjsO5M9XhG0iuVIZ0-N-FTpR1CYiSS101WnWqHG6gMRHWiBqpPB82KGdJeYUD0n1beiDiT7qHnmOkjNZfWQ9-nFb8faYv/s1600/Time-To-Buy-by-Age.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><br /></a><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiykkP1VVMfgixq-lm8v8WUkeMe3pUq28flGaxAKZhbjsO5M9XhG0iuVIZ0-N-FTpR1CYiSS101WnWqHG6gMRHWiBqpPB82KGdJeYUD0n1beiDiT7qHnmOkjNZfWQ9-nFb8faYv/s1600/Time-To-Buy-by-Age.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><br /></a><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiykkP1VVMfgixq-lm8v8WUkeMe3pUq28flGaxAKZhbjsO5M9XhG0iuVIZ0-N-FTpR1CYiSS101WnWqHG6gMRHWiBqpPB82KGdJeYUD0n1beiDiT7qHnmOkjNZfWQ9-nFb8faYv/s1600/Time-To-Buy-by-Age.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiykkP1VVMfgixq-lm8v8WUkeMe3pUq28flGaxAKZhbjsO5M9XhG0iuVIZ0-N-FTpR1CYiSS101WnWqHG6gMRHWiBqpPB82KGdJeYUD0n1beiDiT7qHnmOkjNZfWQ9-nFb8faYv/s640/Time-To-Buy-by-Age.jpg" /></a></div>
Experienced home buyers know that one of the first steps in beginning a successful search for a new house is taking a hard, objective look at finances. <br />
<br />
Determining how much money you can dedicate to the purchase of your new house affects almost every aspect of buying a new home - including how professionals write the offer, which mortgage programs you will qualify for, shopping for the best mortgage loan and which homes are truly in your price range.<br />
If you would like to start the qualifying process today, give me a call and I’ll put my professional network of lenders to work for you so that you can start looking for your home.Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-63257195620140615092015-01-26T23:46:00.001-08:002015-01-27T07:13:55.524-08:00Attaining the American Dream: 5 Financial Reasons to Buy<div style="border: 0px; color: #444444; font-family: Helvetica, Arial, sans-serif; font-size: 14.166666030883789px; line-height: 21px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
Heading into 2015 many people have their sights set on buying a home. The personal reasons differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the <strong style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">top 5 financial benefits</strong> of homeownership his paper - <a href="http://jchs.harvard.edu/sites/jchs.harvard.edu/files/w13-1_belsky_0.pdf" style="border: 0px; color: #00aeff; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; text-decoration: none; vertical-align: top;" target="_blank">The Dream Lives On: the Future of Homeownership in America</a>.</div>
<div style="border: 0px; color: #444444; font-family: Helvetica, Arial, sans-serif; font-size: 14.166666030883789px; line-height: 21px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
Here are the five reasons, each followed by an excerpt from the study:</div>
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 16.66666603088379px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">1.) Housing is typically the one leveraged investment available.</strong></h4>
<blockquote style="background-image: url(https://www.keepingcurrentmatters.com/wp-content/themes/swatch/images/blockquote.png); background-position: 0px 12px; background-repeat: no-repeat no-repeat; border: 0px; color: #444444; font-family: Georgia, Times, serif; font-size: 14.166666030883789px; font-style: italic; margin: 0px; outline: 0px; padding: 10px 20px 10px 50px; quotes: none; vertical-align: top;">
<div style="border: 0px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<em style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">“Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting 10 percent or less down, their leverage factor is 10 or more.”</em></div>
</blockquote>
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 16.66666603088379px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">2.) You're paying for housing whether you own or rent. </strong></h4>
<blockquote style="background-image: url(https://www.keepingcurrentmatters.com/wp-content/themes/swatch/images/blockquote.png); background-position: 0px 12px; background-repeat: no-repeat no-repeat; border: 0px; color: #444444; font-family: Georgia, Times, serif; font-size: 14.166666030883789px; font-style: italic; margin: 0px; outline: 0px; padding: 10px 20px 10px 50px; quotes: none; vertical-align: top;">
<div style="border: 0px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<em style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">“Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.”</em></div>
</blockquote>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2Npti8dSj88wriDoPrnMKdo8rLz7khFwxQDdBtMdM6Mf0usu_aYi-eW2_I7yJVvuxYGx-PY5UEa3UFlYj1eER4O0Zm6zFlOqYMMy7tV4iDZxAREBseEZTSIyGp9L8G1n6dMgP/s1600/Screen+Shot+2015-01-27+at+2.42.10+AM.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2Npti8dSj88wriDoPrnMKdo8rLz7khFwxQDdBtMdM6Mf0usu_aYi-eW2_I7yJVvuxYGx-PY5UEa3UFlYj1eER4O0Zm6zFlOqYMMy7tV4iDZxAREBseEZTSIyGp9L8G1n6dMgP/s1600/Screen+Shot+2015-01-27+at+2.42.10+AM.jpg" height="168" width="320" /></a></div>
<br />
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 16.66666603088379px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">3.) Owning is usually a form of “forced savings”.</strong></h4>
<blockquote style="background-image: url(https://www.keepingcurrentmatters.com/wp-content/themes/swatch/images/blockquote.png); background-position: 0px 12px; background-repeat: no-repeat no-repeat; border: 0px; color: #444444; font-family: Georgia, Times, serif; font-size: 14.166666030883789px; font-style: italic; margin: 0px; outline: 0px; padding: 10px 20px 10px 50px; quotes: none; vertical-align: top;">
<div style="border: 0px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<em style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">“Since many people have trouble saving and have to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings to another day.”</em></div>
</blockquote>
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 16.66666603088379px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">4.) There are substantial tax benefits to owning.</strong></h4>
<blockquote style="background-image: url(https://www.keepingcurrentmatters.com/wp-content/themes/swatch/images/blockquote.png); background-position: 0px 12px; background-repeat: no-repeat no-repeat; border: 0px; color: #444444; font-family: Georgia, Times, serif; font-size: 14.166666030883789px; font-style: italic; margin: 0px; outline: 0px; padding: 10px 20px 10px 50px; quotes: none; vertical-align: top;">
<div style="border: 0px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<em style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">“Homeowners are able to deduct mortgage interest and property taxes from income...On top of all this, capital gains up to $250,000 are excluded from income for single filers and up to $500,000 for married couples if they sell their homes for a gain.”</em></div>
</blockquote>
<h4 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.2em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 16.66666603088379px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">5.) Owning is a hedge against inflation.</strong></h4>
<blockquote style="background-image: url(https://www.keepingcurrentmatters.com/wp-content/themes/swatch/images/blockquote.png); background-position: 0px 12px; background-repeat: no-repeat no-repeat; border: 0px; color: #444444; font-family: Georgia, Times, serif; font-size: 14.166666030883789px; font-style: italic; margin: 0px; outline: 0px; padding: 10px 20px 10px 50px; quotes: none; vertical-align: top;">
<div style="border: 0px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<em style="border: 0px; font-size: 14.166666030883789px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">“Housing costs and rents have tended over most time periods to go up at or higher than the rate of inflation, making owning an attractive proposition.”</em></div>
</blockquote>
<h3 style="border: 0px; color: #222222; font-family: Arial, Helvetica, sans-serif; font-size: 1.6em; font-weight: normal; line-height: 1.5em; margin: 0px 0px 0.5em; outline: 0px; padding: 0px; vertical-align: top;">
<strong style="border: 0px; font-size: 22.5px; margin: 0px; outline: 0px; padding: 0px; vertical-align: top;">Bottom Line</strong></h3>
<div style="border: 0px; color: #444444; font-family: Helvetica, Arial, sans-serif; line-height: 21px; margin-bottom: 1.2em; outline: 0px; padding: 0px; vertical-align: top;">
<span style="font-size: 14.166666030883789px;">We realize that homeownership makes sense for many Americans for an assortment of social and family reasons. It also makes sense financially. </span><i><span style="font-size: xx-small;">from KCM</span></i></div>
Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0tag:blogger.com,1999:blog-20021483.post-53973506809640496242015-01-18T19:47:00.005-08:002015-01-18T19:53:18.596-08:00Newest 3D Printer Makes Low Cost Housing Out of Mud<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrlxTJrLnoPMU06rlM8b3u4RqOSdGJuDaqA2_gQgqDVKHzzqscFj6e9XslyRL20rQwNt4KQmG8CZyDg9-6-WtJeGFAru4NtG-RVNGO1pVwcrKBsmqynRVBoOA1J5GxJ-hvfXZO/s1600/Screen+Shot+2015-01-18+at+10.49.21+PM.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjrlxTJrLnoPMU06rlM8b3u4RqOSdGJuDaqA2_gQgqDVKHzzqscFj6e9XslyRL20rQwNt4KQmG8CZyDg9-6-WtJeGFAru4NtG-RVNGO1pVwcrKBsmqynRVBoOA1J5GxJ-hvfXZO/s400/Screen+Shot+2015-01-18+at+10.49.21+PM.jpg" /></a></div>
<span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 16px; line-height: 32px;">Based out of Italy and recently debuting their latest development -- a 3D printer that squirts out mud -- at Rome's </span><a href="http://www.makerfairerome.eu/en/" style="border: 0px; color: #b6541e; font-family: 'Open Sans', sans-serif; font-size: 16px; font-weight: 600; line-height: 32px; margin: 0px; padding: 0px; text-decoration: none; vertical-align: baseline;">Maker Faire</a><span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 16px; line-height: 32px;">, </span><a href="http://www.wasproject.it/" style="border: 0px; color: #b6541e; font-family: 'Open Sans', sans-serif; font-size: 16px; font-weight: 600; line-height: 32px; margin: 0px; padding: 0px; text-decoration: none; vertical-align: baseline;">WASP</a><span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 16px; line-height: 32px;"> (World’s Advanced Saving Project) may be the future of housing in many parts of the world where earth is the most abundant, and affordable, local building material around. The aim is to ease the labour-intensive process that building with earth requires, with an automated, digital fabrication process, using one of humanity's oldest building materials.</span><br />
<span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 16px; line-height: 32px;"><a href="http://www.treehugger.com/green-architecture/wasp-3D-printer-affordable-mud-homes.html">More from Treehugger...</a></span>Geoff Govehttp://www.blogger.com/profile/01551601499784574295noreply@blogger.com0