As the economy improves new households predicted to form

 

To understand what this will mean to your selling of buying a home just get in touch with me

Ways to Save on your heating bill

Affordable Home Heating

Approximately 1/3 of our nation’s energy consumption comes from the residential sector and about 70% of this usage is from homes that are more than 30 years old.
Whether you are heating one of these older homes or a home built more recently; saving money AND energy is important to all of us.  Here are some strategies you can employ to save on winter heating costs, help the environment, and stay warm!

• Power of Knowledge – An energy audit of your home is a great place to start.  Some utility companies will perform them for free!  This will show you exactly where most of the warm air is escaping and cold air is entering.  They can also provide detailed plans on ways to warm up your home.  A DIY method is to hold a stick of incense near windows, doors, and any other place there might be a gap; then watch for the smoke to blow inwards.  Leaks can be fixed by using caulk, insulation, or by replacing worn weather-stripping.
• Programmable Thermostat – If your home in not equipped with one, this is a great investment.  Different heating schedules for different days of the week can be easily created.  You can make sure your home is warm when occupied and saves you money when it’s empty.  Reduced heating costs can also be accomplished by keeping the temperature at a consistent level, avoiding spikes up or down.
• Insulation – Lack of proper insulation may be more of an issue in older homes, but there are ways to remedy it with relative ease. Trained installers can inject a nonflammable foam resin into existing walls.  The foam is filled with tiny air bubbles that increase its heating and cooling properties.  Older homes were built to “breathe”; make sure the professional you hire knows how to determine the correct amount of insulation for your particular home.
• Room Isolation – Don’t waste heat on empty spaces; shut the door of any room that is not being used.  Smaller rooms and bedrooms can often be heated by an electric space heater (at a much lower cost) instead of using your home’s central heating system.  Don’t heat the entire house at night when all you really need is a warm bedroom.  (Use extra care and follow all manufacturers’ instructions for space heaters)
• Fireplace/Indoor stove – When properly used and maintained, they can be efficient sources of heat for multiple rooms and/or your entire home.  Some indoor stoves can generate more heat than common home furnaces.
• Dress warmly – Wool socks, warm sweaters, slippers, and blankets can all help keep you warm, while allowing you to reduce your home’s indoor temperature.  This can also apply to your windows.  “Dressing” them with heavier drapes during this time of year can help retain heat in your home when they are closed at night.

There are many easy, economical ways to improve your home’s heat efficiency, try a few of these to see what a difference they can make!  Keep your home warm and comfy for less!

Trends in Homes

Top Home Trends – 2013

  While the word trend suggests a fleeting fancy, statistics indicate that a lot of these home innovations are here to stay.  They will continue to grow and evolve, influencing future home trends.  Here’s a review of some of the most-popular home trends consumers were willing to spend their money on this year.
Smarter Technology – With busier lifestyles and the cost of technology decreasing, it’s becoming more common  to control a home system from one single device, such as a smart phone or tablet.  Systems such as security, temperature, and lighting can be controlled from a central location in the home or from the palm of your hand while you are on the go.  Giving homeowners more control, more efficiency, and more peace of mind!


Going Green – This trend appears to be here to stay.  We will definitely continue to see an increase in all things green, environmentally friendly, and sustainable including building materials, paint, flooring options, countertops, plumbing and electrical; even home furnishings and accessories.  Efforts to conserve water and energy have also skyrocketed through the use of lower water sinks and toilets, more efficient furnaces, and improved insulation.

Outdoor Living – This trend began a few years ago and continues to inspire homeowners to think beyond terraces and decks.  With better furnishings, fire pits, curtains, and even televisions, many outdoor spaces now have the same feel and functionality as indoor rooms.  They have become the perfect spot for family time and entertaining guests.  Screened in porches have also risen in popularity; many with fireplaces, that allow this space to be used nearly year-round.


Outdoor kitchens – Partnering with the desire to spend more time outdoors is the increased interest in outdoor cooking.  This has created a need for some very elaborate outdoor food prep areas.  Some of the most popular amenities include sinks, storage, beer taps, refrigerators, countertops, even pizza ovens.  Many homeowners have carried it even further by starting gardens and growing some of the food they eat.  Gardens are great family-friendly projects and reflect our society’s growing interest in health.

Media Fever – Seems like more and more families are choosing to stay at home these days rather than travel.  This has increased the appearance and comfort level of in-home media rooms.  Designs now include more comfortable seating, tables, enhanced lighting, better televisions / projectors, and sound equipment.

Streamlining – Many consumers are opting for smaller homes with more of the high-tech, trendy features mentioned here, instead of larger homes that are harder to maintain.  Furnishings are trending along the same scaled-back lines, less bulk and fluff; many even serve multi-purposes.  Couches that convert to beds, ottomans that provide seating and storage, and coffee tables that can rise for dining purposes.

Stylish, Functional Kitchens – Renovations appear to be more popular than additions, with kitchens as the most popular room to re-do.  Kitchens are not just for eating any more.  They are being used for cooking, socializing, doing homework, and paying bills.  Design features include upscale appliances, top-notch lighting, handcrafted cabinets, expensive countertops, and closer attention is being paid to every little detail.  Bath renovations and master suites with more functionality are also top renovation choices.

Newer Neutrals – Neutrals still remain more popular than vibrant hues.  However, neutrals are no longer restricted to white, cream, or beige.  Any warm, subdued color that offers a fresh background can be considered a neutral, blue-gray is quite popular!  And little “pops of color” are still used to bring neutral decors to life.  Accent pieces and accessories in colors such as raspberry, varying shades of yellow, even orange and purple are showing up everywhere.

While these may be the current top market trends, your home improvements should still be chosen
 based on what you need, what your heart desires, and what your wallet will allow!

Good News for the Economy = Bad News for Rates

Good News for the Economy = Bad News for Rates

Today's Prices Compared to Peak

Even with a generally improving market most states have not gotten back to peak levels

Today's Prices Compared to Peak [INFOGRAPHIC]

Average Harrisburg area home prices 2012 to 2013

Here are the average prices for homes that sold in Dauphin and Cumberland counties

For an analysis of how tis applies to the home you want to sell or buy call or email me.

Buying a Home? Don't Let Fear Get in Your Way

Buying a Home? Don't Let Fear Get in Your Way

Interesting recent Survey of Sellers and Buyers

Recent Survey of what Sellers and Buyers experienced

Home sales absorption rate for Cumberland and Dauphin Counties through November 2013

14,027 Houses Sell Every Day in the U.S.!!

14,027 Houses Sell Every Day in the U.S.!!

Flood Insurance Rates about to Skyrocket?

Flood Insurance Rates about to Skyrocket?

Survey: Americans Still Thankful for Home Ownership

Survey: Americans Still Thankful for Home Ownership

5 Reasons to Buy A Home Now Instead of Spring

5 Reasons to Buy A Home Now Instead of Spring

When buying always coordinate deposits with your loan officer when buying

Clients’ Cash Deposits Can Delay Closing

5 Reasons to Sell Before Spring

5 Reasons to Sell Before Spring

Ignoring Insurance Risks Can Be Costly

Ignoring Insurance Risks Can Be Costly

Appliance Life Expectancy - When to replace

Appliances – What is the Life Expectancy?

Not ready to face the expense of replacing your stove, dishwasher, or even your vacuum??  Read on to discover some preventative measures you can take to keep many of your household appliances from reaching an early demise.  Also, discover when it might be to consider finding a replacement…

Appliance	How to care for it	When to replace it
Stand Mixer	Never overload the mixer, causing it to work harder and put extra strain on the motor.  When cleaning, make sure ALL parts are cleaned including the attachment socket!	If the mixer won’t turn on at all, you probably have a dead motor.
Microwave	Always use proper microwave-safe plates and bowls.  Keep the interior clean and the turntable rotating smoothly.	Takes too long to heat food or it won’t turn on.  Beyond replacing a fuse, the cost to repair could exceed the cost to replace.
Drip Coffeemaker	Rinse pot and grind basket after each use.  Once monthly, run 1 part vinegar/2 parts water solution through it to clean, followed by 2 brew cycles of plain water to rinse.	If your coffee isn’t really hot after brewing.  The heating element has probably died.
Vacuum Cleaner	After every few uses, clean the filters, the opening to bag or canister, hoses, etc.  Keep all air flow and parts moving properly.	If the motor dies.  The cost to repair typically costs as much as a replacement.
Hair Dryer	Clean lint and dust from the rear filter regularly.	Replace if blowing cold air or has a burning smell!
Range	Wipe up spills and messes right away, keeping burners clean and preventing fires.  The same applies to spills in the oven which can smoke or ignite!	Time to replace when the buttons or knobs no longer work the burners, gas burners won’t light, or the oven doesn’t heat up.
Dishwasher	Check the filter located in the bottom of the machine for clogs and debris.  Use a cleaner made for dishwashers regularly.	If the machine is cracked, rusted, leaking from the bottom, and if the motor or pump stop working.
Washing Machine	Keep machine level, never use more detergent than instructed, and always remove objects from pockets to avoid damage to the machine.	If the washer sounds like a freight train during the spin cycle!  This indicates a bad support bearing and a very pricey repair!
Clothes Dryer	Clean lint screen after each cycle.  Hire a professional to clean vent duct and interior of dryer once a year.	Time to replace if you need to repair more than one part at a time, like a motor and timer.
Refrigerator	Once a year, use a vacuum to clean the coils located in the bottom or rear of the fridge.  Also test the doors seals periodically to keep cold air from escaping.	Replace if it no longer keeps food cold or frozen.  Almost every other part is repairable or replaceable except for the cooling system.

With a little extra time and TLC you may be able to squeeze a few more days, months or years out of these frequently-used home appliances!

SURPRISE!!! Men, Women Differ on Home Buying

How Men, Women Differ on Home Buying

Chicken Little is Wrong: Homeownership Still the American Dream

Chicken Little is Wrong: Homeownership Still the American Dream

Ways to improve curb appeal

And some are FREE

Importance of Curb Appeal [INFOGRAPHIC]

Buying or Selling: Now May Be the Time

Buying or Selling: Now May Be the Time

TOP FIVE REASONS AMERICANS BUY HOMES

New computer virus holds files for ransom

New computer virus holds files for ransom

Consider this when looking for foreclosure bargains

10 Hidden Hazards When Buying Foreclosures

Why Do We Buy Real Estate?

Why Do We Buy Real Estate?

Homebuyer advice from the Motley Fool

5 Things Homebuyers Should Know, but Don't

by John Maxfield, The Motley Fool Oct 13th 2013 2:47PM
Updated Oct 13th 2013 2:48PM

Source: Wikimedia Commons

A house is the biggest asset that the majority of Americans will ever own. But while most of us delude ourselves into thinking that we actually know something about real estate, the truth is that few of us have any idea what we're talking about.
It's for this reason that I solicited the advice of several highly respected real estate professionals to help our readers navigate the process of both buying and selling their homes. What follows, in turn, are five things that most homebuyers should know, but don't.
1. When you buy a home, you're making two purchases
Of all the advice that I came across, this was probably the most insightful: "When you buy a home, you actually are making two purchases," Dave Ness of Denver's Thrive Real Estate Group told me. "You are buying the home, and you are buying the money to buy the home."

It's tempting for homeowners to think of a mortgage as an incidental expense. But the reality is that the loan itself may be the most significant piece of the transaction.
"For every 1% rise in interest rates, home prices must fall by 10% in order for you to maintain the same monthly mortgage payment," Ness says. "And at the end of the day, that's what matters, the monthly payment. So take advantage of low rates; they add much more buying power to your purchase than low prices."
2. Homes are like people -- they all have problems
This was a point multiple real estate professionals that I spoke with made. "All houses have issues," Hilary Bourassa of Portland's Oregon First Real Estate told me. "Some just have more than others."
The shock generally comes when prospective buyers get their inspection reports back. "Inspectors are professional pessimists, which is why we love them," Bourassa said. "But many issues only require simple and/or inexpensive fixes."
Along the same lines, Ness analogized the experience to "when someone knocks over the DJ table at a wedding and the music stops." All of a sudden, the bliss from going under contract goes away.
"Most inspection reports will be 40 to 50 pages long, and most inspectors will take close-up, HD photos of problems," Ness went on to note. "So while the actual listing shows gorgeous pictures of granite countertops, the inspection report will show awful pictures of a cracked driveway. By the end of the report you'll be thinking, 'This house is a total and complete lemon.'"
3. Your real estate agent is a partner, not a salesman
My industry sources were obviously biased on this point, but there's a lot of truth to what they said.
"Your Realtor should be focused on helping you find a great property, not selling you something," Bourassa advises. Before settling on one, she urges homebuyers to "interview at least a few in order to find the fight match."
The flipside of the coin is that you, too, are a partner in the relationship. And that means knowing and respecting the boundaries.
"Sometimes clients forget (particularly first-time buyers) that Realtors have other clients and lives outside of work," Ness says. The key is to make sure that both parties have a clear understanding of communication expectations.
"What is their normal response time? How much lead time do they need to arrange showings? What medium of communication is best -- text, call, email, or something else?" These are the types of questions that Ness encourages homebuyers and real estate agents to settle at the outset.
4. HGTV does not resemble reality
My wife and I love to watch cooking shows. We've watched so many, in fact, that we've deceived ourselves into believing that we could actually compete on them. Of course, given the opportunity, we would most certainly -- and I do mean "most certainly" -- crash and burn in the most humiliating fashion.
And the same can be said about the proliferation of "realty" television shows on real estate -- think HouseHunters, Flip That House, Holmes on Homes, Property Virgins, and Property Brothers, among others.
"The reality is, hundreds of hours or footage is shot and edited down to a 16-minute show (when you take out the Lowe's commercials)," Ness pointed out. "Yes, they're real buyers, but you don't see the half of it. So don't think you're going to waltz into your market and find the perfect house right away, beat out all the other offers, and then walk into the sunset with your significant other. Finding a home can be tough, and take time."
Ness' advice? "Gear up for the homebuying process. It's worth it, but it ain't Hollywood!"
5. Always think about resale
This final piece is something that all people buying assets should always keep in mind: At some point you're going to resell it and will want to maximize what you eventually get.
"When you're buying your home, you're probably not thinking of the day that you will have to sell it," Bourassa said, "but you will be thanking yourself one day if you remember three little things ... location, location, location!"
The bottom line
Most if not all of us will buy at least one house in our lives. With that in mind, you should save yourself the trouble of making the same mistakes that most of your peers will. Take these five pieces of information into consideration. You'll be doing yourself a favor if you do.

The stock Warren Buffett wishes he could buy, but can't
It's often assumed that small investors are at a great disadvantage relative to hedge fund managers and other institutional investors. But that's not always true. Bound by multibillion-dollar portfolios and strict bylaws that govern what they can and can't invest in, these giants are often prohibited from tapping the market's greatest stocks until it's too late -- that is, after the stocks have already shot into large-cap status. In this free report, our analysts identify one such stock that Warren Buffett himself wishes he could buy but is effectively restricted from doing so because of its size. To discover the identity of this stock instantly (and for free!), simply click here now.

The article 5 Things Homebuyers Should Know, but Don't originally appeared on Fool.com.

Why You Should Sell Your House Now

Why You Should Sell Your House Now

The answer to if Home Owners are better off than renters

With all the turmoil of the last few years - here is the actual impact ownership has over renting - courtesy of the Federal Reserve

Which exterior is most popular by region

A review or the most popular siding materials on new homes by region

Home Loans: Shopping for a Low Interest Rate

Home Loans: Shopping for a Low Interest Rate

Are you ready in an emergency?

National Preparedness Month

What would you do if there was an emergency? Would you be ready?
September will be your opportunity to find out. Throughout the month there will be numerous activities across the country to promote emergency preparedness.

UNC ranks 5th among national public universities for 13th year in a row

Tuesday, September 10, 2013

CHAPEL HILL – The University of North Carolina at Chapel Hill ranks fifth among the nation’s best public universities for the 13th consecutive year, according to U.S. News & World Report. The rankings appear today (Sept. 10) in the 2014 “America’s Best Colleges” guidebook and at www.usnews.com. Among national public universities, UC-Berkeley ranked first, followed by UCLA and Virginia (tied for second), Michigan (fourth) and UNC (fifth); the same order as for the past two years. Among both national public and private universities, UNC ranked 30th overall, the same as last year. Other publics were between tied for 20th (Berkeley) and 28th (Michigan). Among the top five publics, overall composite scores remained the same at Berkeley (79) and Michigan (74) and went down one point at UCLA and Virginia (76), followed by UNC (72). U.S. News rankings are based on several key measures of quality, weighted as follows: graduation and retention rates (22.5 percent), assessment by peers and counselors (22.5 percent), faculty resources (20 percent), student selectivity (12.5 percent), financial resources (10 percent), graduation rate performance (difference between actual and predicted graduation rates, 7.5 percent) and alumni giving (5 percent). Other U.S. News rankings results for UNC-Chapel Hill included the following: 1st among national public universities for the 9th consecutive year and 17th overall in “Great Schools, Great Prices,” based on academic quality and net cost of attendance for a student  receiving the average level of need-based financial aid in 2012-2013. Forty-two percent of UNC undergraduates received need-based aid in 2012. Carolina meets 100 percent of the documented need of undergraduates qualifying for need-based aid who apply on time. Second among publics and 7th overall for least debt, with 35 percent of students graduating with debt and an average amount of $16,983. A 97 percent average first-year retention rate for the fifth consecutive year. An 89 percent average six-year graduation rate, 3 percentage points better than U.S. News predicted. (UNC’s four-year rate graduation is nearly 81 percent.) Thirteen percent of course sections enrolled 50 or more students, holding at the same number as last year. That remains the lowest rate among the other top publics for the sixth year in a row. Thirty-seven percent of UNC’s course sections enrolled fewer than 20 students, up from 33 percent. Berkeley led the top publics at 63 percent. Ranked 68th overall and fourth among the top publics in faculty resources. UNC was 70th last year, 59th two years ago, 47th three years ago, 35th four years ago and 50th five years ago. This category measures undergraduate class size; two academic years (2011-12 and 2012-13) of average total faculty compensation (salary and benefits) based on indexes weighted for regional differences; student-faculty ratio; and percentage of faculty who are full time and earned their field’s highest degree. Tied for second among publics and 21st overall in high school counselors’ picks. 7th among the best undergraduate business programs. Among specialty areas, Kenan-Flagler Business School ranked fifth in management. Listed among outstanding undergraduate programs with “A Focus on Student Success.” Carolina was cited for exemplary first-year experience (seminars and other programs bringing small groups of students together regularly with faculty and staff), undergraduate research/creative projects, study abroad and service learning.

Mortgage Rates after the Bernanke Announcement

Mortgage Rates after the Bernanke Announcement

Looking for a fairly painless way to pay off your mortgage sooner?

Consider what just $5 a day could do

 

 

Experts Comment on the Housing Market



Experts Comment on the Housing Market

A reminder as the fall storm season approaches

Home Sellers: Check your Home for Storm Damage

The relentless rainfall and flooding in Colorado can be used as reminder that it’s been another crazy year of weather with many big rain and wind storms damaging houses throughout the country. With fall upon us and winter around the corner, home sellers should take a close look at their property for storm damage and make repairs.
If you experienced a powerful storm, it’s a smart idea to check your roof for any damage and ensure there are no missing shingles or cracks around any skylights the home may have. Climb into your attic and look for discoloration of the decking or plywood surfaces.
Also look for light penetrating from around plumbing vents or the chimney, indicating that your roof’s flashing needs repair.
Next, inspect your rain gutters for damage and clear them of leaves and debris. Look for holes, cracks or sags; all three can be easily fixed by a homeowner. (To fix a small hole, first use an abrasive pad to clean the area, then cut a piece of gutter material slightly larger than the hole. Using a stiff brush, spread gutter-repair compound around the hole and place your patch over the top. Cover the patch with another layer of compound to ensure a good seal. To repair minor sags, simply add a new hanging bracket to the sagging area or replace the compromised existing bracket.)
Pay particular attention to areas of your home near trees and shrubs. Limbs can play havoc with your roof, siding and stucco in heavy winds, and can come crashing down under the weight of snow. Prune your trees and shrubs to ensure their health and to safeguard your home.
Finally, be sure to inspect your windows, fencing, decking, which also take a beating in storms. Seal and repair any damage. Sometimes storm damage is unavoidable. But making quick repairs can help ensure your home is safe, sound and ready for sale.

Days on Market Continues to decline

The days on market of sold homes continues to go down in both Cumberland and Dauphin Counties.

Remember this is only for homes that were conditioned and priced such that they Sold

Why Hire a Real Estate Professional

Harrisburg Housing Market Absorption Rate Analysis

If we use the generally accepted definition of a balanced market being a 6 month supply, most of Cumberland County is now a Seller's market while Dauphin County continues to favor buyers

Three Reasons to Choose Prudential

Latest video
Three Reasons to choose Prudential

Harvard: Homeownership Still the American Dream

Harvard: Homeownership Still the American Dream

Fall Lawn Care Tips

Fall Lawn Care: 4 Ways to Say G’Night For The Winter
Article From HouseLogic.com

By: Lisa Kaplan Gordon
Published: September 16, 2011

Labor Day through Halloween is your window for preparing lawns for a lush spring.

Although spring lawn care gets all the attention, fall lawn care is the make-it or break-it season for grass.
"I'm already thinking about next year," says John Dillon, who takes care of New York City's Central Park, which features 200 acres of lawn in the middle of Manhattan. "The grass I grow this fall is what will be there next spring."
Fall lawn care is no walk in the park. It's hard work, and Dillon guides you through the four basic steps.
1. Aeration
Aeration gives your lawn a breather in autumn and provides room for new grass to spread without competition from spring weeds. Aeration tools pull up plugs of grass and soil, breaking up compacted turf. That allows water, oxygen, and nutrients to reach roots, and gives seeds room to sprout.
If kids frequently play on your lawn, plan to aerate twice a year - fall and spring. If your lawn is just for show, then aerate once a year - and maybe even once every other year.
A hand-aerating tool ($20), which looks like a pitchfork with hollow tines, is labor-intensive and meant for unplugging small sections of grass. Gas-powered aerating machines (rental, $20/hour) are about the size of a big lawn mower, and are good for working entire lawns. Bring some muscle when you pick up your rental: Aerating machines are heavy and can be hard to lift into your truck or SUV.
Depending on the size of your property, professional aeration costs about $150.
2. Seeding
Fall, when the soil temperature is about 55 degrees, is the best time to seed your lawn because turf roots grow vigorously in fall and winter. If you want a lush lawn, don't cheap out on the seed.
Bags of inexpensive seed ($35 for 15 pounds) often contain hollow husks, weed seed, and annual rye grass seed, which grows until the first frost then drops dead. Splurge on the good stuff ($55 for 15 pounds of Kentucky Bluegrass seed), which resists drought, disease, and insects.
Water your new seed every day for 10 to 20 days until it germinates.
3. Fertilizing
A late fall fertilization - before the first frost - helps your grass survive a harsh winter and encourages it to grow green and lush in spring. Make your last fertilization of the year count by choosing a product high (10% to 15%) in phosphorous, which is critical for root growth, Dillon says.
Note: Some states are banning phosphorous-rich fertilizers, which are harmful to the watershed. In those places, look for nitrogen-rich fertilizers, which promote shoot and root growth. Check with your local extension service to see what regulations apply in your area.
4. Mulching
Instead of raking leaves, run over them a couple of times with your mower to grind them into mulch. The shredded leaves protect grass from winter wind and desiccation. An added bonus - shredded leaves decompose into yummy organic matter to feed grass roots.
A mulching blade ($10) that attaches to your mower will grind the leaves even finer.

Labor Day Ideas

Get Ready For Labor Day

Labor Day is a U.S. federal holiday observed on the first Monday in September (Sept. 2, 2013). It was originally organized to celebrate the many labor associations and their role in our economy…it’s now considered a day of rest! For many it also the “unofficial” end of summer and a last chance for trips and outdoor events!
Here are few top suggestions for having fun and relaxing this Labor Day:

•      At Home Spa Day – Spas can be expensive…create your own at home!
•      “Turn off”, enjoy mother nature – Leave all tech devices off and hit the trails!
•      Plan a “staycation” – Visit local tourist attractions, buy goofy souvenirs!
•      Volunteer – Can’t just sit back and relax?  Give back to the community!
•      Listening Party – Dig out your favorite music, invite friends to bring theirs too!  Spend the day creating new playlists and burning new cds!
•      Junk Food Movie Night – Choose 1 day this weekend to rent cheesy movies and load up on junk food.
•      Family Game Night – Dust off the old board games or learn a new one!
•      Spend the day in bed – Prepare easy meals ahead of time, drag books, games, and music into your room, hide the cell phone!
•      Paint a family mural – Sounds like work, but it’s a great, creative family project!
•      Have a cook-off – “Stir up” a little friendly competition at your Labor Day picnic!

Check out these great local events too!! : (click on the links)

Lancaster	Washington, D.C.
Long’s Park Art & Craft Festival	Concert at the U.S. Capitol
	DC Blues Festival
Harrisburg
Kipona Festival	Maryland
	Greenbelt Labor Day Festival
York	2013 Grand Prix of Baltimore
Civil War Re-enactment
Labor Day Parade	Philadelphia
	Made in America Festival
	Visit Historical Sites (Ind Hall / Liberty Bell)

If rates continue to rise

Earlier this year mortgage interest rates were in the 3.5% range. Today they are more like 4.5%.  It's unlikely they will continue to go up this fast but very few think they will do anything but continue to go up.

Here's what will happen to a buyer's purchasing power if rates go up another 1%.

 

 

This also gives an idea of what has happened to buyers as rates have gone up 30% in the past 6 months

Alittle recognition of homeowners by regulators

After several years of threatening to make home loans available to only the very well off portion of the population, the rule makers are finally deciding to promote and interest other than landlords.


NAR Welcomes QRM Rule Revisions

The COST of a Home: Last Year, This Year & Next Year

The COST of a Home: Last Year, This Year & Next Year

Time to tackle exterior painting befor it gets too cold

Exterior Paints and Stains: A Guide to the Options
By:  Joseph D'Agnese
Published: February 26, 2010

To choose the best exterior paint or stain for your job, match the coating to your house, your climate, and the look you want.

One key to how long an exterior finish lasts is how well the surface is prepared. But equally important is the choice of the paint or stain itself. Using high-quality materials, matching them to your house and climate, and conducting regular maintenance will extend the time between recoatings.
Expect to pay $35 to $45 per gallon for conventional premium paint or stain. "Green," or zero-VOC, products run $45 to $55 per gallon. A gallon covers 350 to 400 square feet, so figure on about 8 gallons to cover an average two-story, 30-by-40-foot house. Most paint jobs require a primer and two topcoats.
Acrylic latex paints
Acrylic latex is the favored choice, both of pros and do-it-yourselfers. These water-based paints come in an endless range of colors and three popular finishes. Flat paint, commonly used indoors, offers the least protection against the elements. Satin, with its slightly higher sheen, is a good choice for wood siding. Semi-gloss or gloss offers the most protection and works well on high-use areas like window and door trim.
Pros: Latex paints are easy to work with and clean up with water. The paint film remains flexible even after drying, so it breathes and moves slightly to accommodate changes in temperature, or even house settling, without cracking. In addition to wood, latex can also cover siding made of vinyl, aluminum, fiber cement, stucco, brick, and metal.
Cons: Unless you're using "green" products, expect to smell paint fumes from the moment you open the can until the paint dries completely. These odors, produced by volatile organic compounds, are toxic in high quantities and contribute to air pollution.
In general, latex paint doesn't bond well to previous coats of oil paint unless you prepare the surface very well. That means stripping nearly all the old paint off the wood first, a time-consuming and expensive job. It's often smarter to stick with oil if you've got oil, and latex if you've got latex.
Costs: $35 to $45 a gallon for premium latex paint; $45 to $55 a gallon for premium low- or zero-VOC paints.
Oil-based paints
Oil paint, long prized for its durability, used to be the gold standard for exteriors and some high-traffic house trim such as handrails, doors, and floors. But these days it plays second fiddle to latex.
Pros: Oil paints dry hard and get harder with time. That makes them perfect for high-traffic uses: porch floors, steps, metal handrails, even your front door.
Cons: Over time, oil paint can become brittle and crack, producing an "alligator" look. (Some people actually like the effect.) Oil paint can never be applied on top of old latex paint; the two won't bond properly.
Toxic solvents are required to clean brushes and other equipment that come in contact with oil paint. The average can of oil paint has more VOCs than a can of conventional latex paint. Low-VOC oil paint is available, but even these products contain more VOCs than low-VOC latex paint.
Costs: $35 to $45 a gallon for premium oil-based paint; $45 to $55 a gallon for premium low-VOC paints.
Exterior stain
Stain is the choice when you want to let some of the natural features of the wood shine through but still shield your investment from the elements. Cedar, redwood, and other beautiful varieties cry out for stain. As a rule, stain isn't as protective as paint; sunlight and weather can still penetrate the stain, causing the wood to age and discolor.
Like paints, stains come in latex and oil-based versions. You don't want to cover an oil with a latex stain, or vice versa, unless the old coat of stain has aged and weathered to the point where the new coat can adhere.
Stains come in three finishes:
Clear stains are extremely translucent. You'll see more of the wood, but you'll need to reapply as often as every two to three years. Clear stains can still vary greatly in appearance, so you will want to experiment on a scrap piece of shingle to choose your favorite product. Over time, the wood under clear stain will continue to discolor, forcing you to eventually move to the next category.
Semi-transparent stains are bulkier and offer more protection than clear stains, because they contain a hint of pigment. Color choices are not nearly as numerous as those for latex paint, but there's still a broad range of options. Reapply in five to seven years.
Opaque stains behave more like paint; they offer maximum protection and hide much of the wood's look. But they still allow the texture to show through. These come in many colors, but choose carefully--if you want to change colors next time around, you'll need to sand the surface completely. Opaques last 10 years or more.
Pros: Stains don't require extensive surface prep the way paint does. Just wash, dry, scrape any raised or cracked stain, and re-stain with a brush. You don't need a primer and may be able to squeak by with one coat.
Cons: Depending on type of stain, requires frequent reapplication.
Costs: $35 to $45 a gallon.
It's worth springing for the good stuff
To make sure you're purchasing a quality product, buy at a reputable paint store and ask sales clerks for recommendations. When buying latex paints, choose ones that are 100% acrylic polymers or resins, labeled on the front or in the ingredients list. Low-quality paint feels thin, runs down surfaces, and spatters off rollers. High-quality paint feels thicker, levels well when applied, and hides the old paint layer or primer in one to two coats, tops.
When it comes to stain, brand name and reputation are the best indicators of quality. Ask for recommendations, accept the higher price, and don't try to cut corners.
 .       

Historically Low Interest Rates??

Lots of talk over the last few years about "historically low" interest rates.

Even as rates have begun to creep up lately, here is a look at the cost (principal & interest) of a $250,000 mortgage at various points over the last 30 years.

BEWARE OF REAL ESTATE SCAMMERS

Heed warning signs of real estate scams

Thursday, August 22, 2013

By Diana Dietz

As housing recovers and technology evolves, real estate scams have not decreased.
Despite government initiatives on both and federal and state levels, they’ve flourished into more elaborate cons. Homeowners have been scammed out of an average of $4,000 to $5,000 from scams, according to NeighborhoodWorks America, the nonprofit organization behind the Loan Modification Alert campaign.

Forbes recently highlighted three of the most common real estate scams today:
1. Rental scams: Scammers illegally pull online listing information from a home for sale and re-post it as a rental on another site, such as Craigslist. They’ll often ask for money upfront, in the form of a security deposit or broker fee, from prospective tenants. Scammers often advertise the home at a low price and collect application fees from several prospective tenants in order to hold the property for them.
Warning signs: Be cautious of wiring money or paying any upfront fee before you’ve met the agent or signed the contract. Also, be skeptical if they can’t show you the property when you ask.

2. Loan modification scams: Scammers may offer “fake foreclosure counseling, phony forensic loan auditing, nonexistent mass rejoinder lawsuits, bait-and-switch ploys, leaseback programs, and fraudulent ‘government’ modification programs,” Forbes notes.
Warning signs: Be skeptical if anyone asks for money for foreclosure counseling. Foreclosure counseling is free from agencies like the U.S. Department of Housing and Urban Development. Also, always contact your lender directly to work through a modification process. Don’t allow someone to do that on your behalf.

3. Workshop scams: An investment guru will host a get-rich-quick real estate investing seminar and have you sign up for a course that is free or low-cost. The investor may then give you actual properties to invest in if you offer up thousands of dollars in advance. They make bold promises that you’ll become a millionaire, but then nothing ever happens. Also, a form you may have signed initially to take the class may prevent you from taking legal action against the instructor to recoup your money.
Warning signs: While not every workshop instructor is a scammer, be sure to check out the program thoroughly before signing up. Check the company’s rating with the Better Business Bureau (BBB). Also, check if it’s linked to a reputable industry association.

About Diana Dietz: Diana Dietz is the Communications Manager at the Pennsylvania Association of Realtors

Housing is Helping Rebuild the American Economy

Housing is Helping Rebuild the American Economy

Fun with power washing

Power washing porn

More help for Landlords from the current Administration

Real Estate without Freddie and Fannie

Days on market going down

Days on market for SOLD homes in both Dauphin and Cumberland Counties are down from last year.

Moving Up? Do It Now!!

Moving Up? Do It Now!!

How the new home market in Harrisburg is Lucky to still have custome builders

Market Control

Many major markets are dominated by 10 or fewer production builders.

By 

Jonathan Smoke

 

 

Market Control

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Market Control

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Metrostudy has been chronicling the rise of big builders as they increasingly take share nationwide, but the real impact is being felt in local markets. Leveraging data on new-home closings across all U.S. metropolitan statistical areas (MSAs), we’ve identified that in the largest markets, the leading builders are gaining share. Moreover, the vast majority of major markets now are controlled by 10 or fewer production builders.
In 2012, new-home closings in the 100 largest MSAs accounted for 70 percent of all new homes closed nationally. Across all 100 markets, 10 builders were responsible for an average of 71 percent of those closings. The top 10 builders are not the same in each of the markets, but the Local Leaders data compiled by Metrostudy documents that a large number of national builders occupy the top 10 spots in many markets. (See the leading builders in the largest 50 MSAs online at go.hw.net/bol-local-leaders-2012.)
That local top 10 concentration has grown significantly since the prior home building peak. In 2005, the average share of top 10 builders in the 100 largest markets was 54 percent. Across these markets, only nine experienced a decline in concentration since 2005; on the flip side, two dozen of the top 100 had concentration grow by 25 percent or more. As concentration has grown, maintaining or growing market share has become a more critical element of home building success

3 Reasons to Buy that House NOW!

3 Reasons to Buy that House NOW!

Prep Your Home for Vacation

Prep Your Home for Vacation

Before you head out the door to your favorite summer vacation spot, take a few minutes to run through this checklist and prep your home before you leave; it could make your return just a little bit sweeter.

• Light it up – the kitchen (usually in the rear of the home) is a favorite break-in spot.  Move a lamp into the kitchen and arm it with a timer that you can set to come on at random times.  Also illuminate the main exterior entrances of your home with outdoor timers as well.
• Keep it Quiet – Don’t post pictures on Facebook until you are home and don’t change voicemail greetings to say that you are out of town.
• Keep it Cool – Don’t turn off your homes AC, mold and mildew can grow in a few days with warm temps.  Instead set the thermostat to 82 Fahrenheit and your home will stay cool enough to prevent both.
• Power it down – A power surge can damage small appliances or cause fires.  Unplug all items that are not plugged into a surge protector, such as a toaster and coffeemaker; and turn all surge protectors to off.
• Flush it – Flush the toilets and leave the lid up (just this once) so you won’t come home to icky, stagnant water.
• Clean it – Run the dishwasher to clean all dirty dishes.  Remove them and leave the door open.  This will allow the interior to dry completely and it won’t smell musty when you return.
• Trim it – Prune tree branches that extend over your house, especially if they are dying or are dead.  Doing this will help prevent expensive damage if a storm hits while you are away.
• Stop it – Have your mail held while you are gone and suspend your newspaper deliveries.
• Lock it – Most burglars will use force to gain entry, but they often look first for open windows and doors.  Double check that all are locked (even on the 2nd story), replace any broken window panes, and bring in any hidden keys.
• Arm it – Set the alarm and notify your security company that you will be away.  Give a relative or friend the security code, the company name, your itinerary, and your contact numbers just in case.  Also test your smoke alarms before you depart to make sure they work.
• Get help with it – Ask a trusted neighbor to check on your home every other day if possible and to bring in any unexpected deliveries like a phone book or circulars.  Make sure you give them a key.

Taking time to prepare your home can help give you greater peace of mind while you travel.

Go on, relax and have fun!