The real estate group who call themselves the Real Realtors were asked to represent the business in front of lawmakers to give an overall figure of the status of the industry form their eyes. They say they are happy with the moves the government has taken but also say that more can be done, fueling rumors that there may be another move to get another round of bailouts on the hill. From the Tax Incentives being given to first time home buyers, to the refinancing schemes that are benefiting millions, they are indeed making a difference. The Real estate industry has been struggling to cope with immense losses both from the collapse of the industry and the economy as a whole. These professionals are also trying to weather out the storm, barely having any business left in the financially troubled market, hoping that an end would be in sight, but so far it’s farther than most want.
Legislators have again released a total of $200 billion in the form of financing for the embattled house markets to avoid further problems. As usual, they were greeted with delight by some and criticism by others. The two major players in the sub-prime mortgage market; Fannie Mae and Freddie Mac have already posted losses in the billions and the crisis is still not over. These two major players have long been at work in fixing their garbled financial records in hopes of making them easier to interpret. The infusion of money by the Federal Government was said to be aid to a failing market that has global implications and has the potential to ruin more lives than those who are affected locally.
Many experts agree and even common citizens agree that the country is now in recession, Ouch! But the Federal Government says no, why? Well the answer maybe in the pride of the people on top for even the financial industry experts are saying we are already in a recession. Financial executives expect it to come sooner for the economy is showing so little improvement; the aid given to it may not be enough. These industry leaders are on the forefront of the battle and they don’t see a pretty picture. The government is spending more for both internal and internal affairs as the economy continues to slide. They foresee the coming of a recession yet the president doesn’t say so. yet. Everybody is experiencing the economic crunch and nobody’s happy with it. How was this allowed to happen in the first place? When that question is answered, maybe the next president may have the solution to all the problems, that person would be inheriting and scratching their heads about for some years to come.
There comes a time when a home owner needs to renovate his own house, especially when it is a house needed to be preserved such as houses converted to museums like historical houses of presidents, historical houses of US comfort women, etc.
Before you engage into the process of improving your home, there are some things you should need to think, know, and decide beforehand. The first and most important thing you should do is to have a plan. The time, costing, materials, and design should be thought about first before doing anything or else you might even spend more on the improvement of your house rather than buying a new one.
Second tip is to save money for the renovation. Now that you have settled a plan, determine whether what you want to do is feasible. Prioritize what is most necessary and construct the least after if it is still attainable.
Knowing what you should be renovating, third tip is to get the right tools. You cannot really improve your home with just your bare hands and your probably rusty and dusty tools stocked in your garage. Equip yourself with essential tools.
When everything is ready and at plan, fourth tip is to decide whether to do it yourself or not. There are some procedures you may not be capable of doing that you might end up wrecking your house. Hire a professional to do the dirty work you are not knowledgeable of.
Follow these four simple tips and your home improvement will be successful.
Images by Teralyn Pilgrim in blogspot and Milanie Pinola in lifehacker
Selling houses, buying houses, looking for agents, advertising, marketing, research, decisions- all of this can get pretty hectic, stressful, and confusing. Let us take a moment to step away from all this and look at the house itself. If you are selling, there are still some easy and inexpensive ways to spruce up the house and make it more appealing. If you are buying, then there are some things you can look out for that will make your possible new purchase, better and homier.
Planting and gardening always softens a house and makes it more comfortable, more lived-in, more personalized. If the house you are selling or the house you are looking to buy is smaller and does not have space for a garden, then creating potted plant areas inside can add to its charm while looking for these areas can be the things that will convince you to buy. Not only id this simple and relatively inexpensive, it is also good for the planet.
Solar powered homes are now popular in the real estate business. Ever since the Home Depot decided to start stocking solar panels, homes with rooftop solar arrays have been common already and popular. Yes, it is easier if you buy one, but it may be more practical to do it yourself. However, there are some things you should first consider before installing solar arrays in your homes.
The first thing you should consider is whether you have any purposes a solar panel can do for you in your home compared to your existing ones? Some just install solar panels just for the reason that it is trending. But one thing you should know that solar panels require maintenance. If you have no important use of the product, might as well stick to what you already have.
The second one is your surroundings. Once you have decided to install power your house with solar, make sure there are not much obstacles in your room or else your solar panels would be of no use. Try to observe whether your roof gains enough sunlight in the morning until afternoon.
Another thing to consider is the insulation of your solar panels. The size and quantity of your solar panels does not much affect the total energy it accumulates. It is recommended to consult a professional with regards to this issue.
Lastly is the expense. Installing a solar panel may help you with your electric bills, though you should think both of the long term and short term results of having a solar home.
Image by hntvzx360c
For many people, the process of selling or buying property feels like a formidable chore. It’s a process that can be time-consuming, stressful, and expensive. No matter how much you research about a property and its location, it can still end up costing you more than you are prepared to shell out. And if you’re a seller who’s trying to dispose of your property, one wrong move can cost you so much time, effort and money.
One way to minimize risk and expense is to deal with a reputable agent. These trained professionals will usually have a good idea on what will make your house sell, such as what renovations and additions you’ll need to make. They might also have a better idea of the value of your property. What’s more, unless you’ve got a lot of time on your hands, you won’t be able to chase the leads or create the contacts a broker already has.
Having troubles with the current selling rates as a real estate agent? Well trouble no more. A new strategy has been opened. A recent study has shown that there is a high demand of buyers for homes that are solar energized. It may cost more, but the buyers are actually willing to pay more. It is a win-win situation not only for the buyer, but also for you. The findings of this study was based on the buyers across the states, housing types, and housing markets. It was mentioned there that the buyers are willing to pay an average of about 15 thousand dollars for a standard 3.75 kilowatts photovoltaic energy system on a home. Or to break it down, the buyers are willing to pay four dollars per watt of photovoltaic installed.
The study had an analysis of more than 22 thousand home sales across eight state in which an approximate of 4 thousand contains photovoltaic systems. The study was conducted by a multi-institutional research team which consists of real estate appraisers and university researchers.
Ever since this study has gone viral to the real estate world, more sellers are assessing the value and quality of technology in a home to expand their limits in their sale. Many now are trying to figure out how to put the usage of solar energy in a home in varieties.
Thanks to this study, entitled Selling into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes, more opportunities are opened for real estate agents.
Image by Debra Gruszecki in PE
A fan of Super Bowl? Southern Maryland Real Estate Network invites all local realtors to their 2015 Super Bowl kick off party. It is a football-themed dinner with networking events. The winter climate is not a problem as the party will be held indoors. At January 29, 2015, from 5:30 pm to 7:30 pm, the event will be held at the Fieldside Community Center located in 11850 St. Linus Drive, Waldorf. Ryan Homes, Lennar, K. Hovnanian Homes, and St. Charles Companies are the sponsors of the event, as will be the hosts as well.
Kimberly Bean, the founder of Southern Maryland Real Estate Network and a Realtor with Exit Landmark Reality in White Plains, had said that this event will be with everything realtors have come to expect, as well as a fun evening. Not only they will serve delicious meals and festive drinks, but guests will be able to see beautiful properties as well.
According to Bean, here is the list of the model homes being presented:
• Lennar Single Family Home, 5134 Atlantis Lane, White Plains
• Lennar Townhome, 5300 Exeter Place, White Plains
• Ryan Townhome, 11809 St. Linus Drive, St. Charles
• Ryan Single Family Home, 5261 Mudville Lane, St. Charles
She insists that the realtors who will come to the event to take time to be toured around the model homes and appreciate the beauty it brings.
So to all the realtors out there, book your calendar for this event to experience a wonderful night with opportunities presented. Make friends, make connections, and make your business open and better.
Image by Caroline in ProjectTurnAbout