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How to Save the Most When You're the Holiday Host...

by The Cathy Russell Team

 

From our friends at Home Warranty of America...

Celebrating your first holiday season in your new home is a special milestone. We hope that this year is exceptionally memorable. However, all the necessary tasks such as cooking, baking, heating, lighting, and cleaning can run up your bills faster than Black Friday shopping. That's why HWA is dishing up several of the best ways to conserve your home's energy this holiday season.



1. Kill two birds with one oven. As we all know, holiday season centers around delicious, home-cooked food. Try cooking as many dishes in the oven at once - reheating and readjusting the oven zaps energy.

2. Be the dishwasher. Make the post holiday meal a time to bond over the sink. You'll save water and the energy it takes to heat it by filling sink basins with soapy water and washing and drying them yourself. If you do decide to use the dishwasher, make sure it's completely full before running so you can cut down on the number of loads you must do.

3. Manage your fireplace. The hearth is the ultimate energy saver. Make it count by turning down the thermostat to 60 degrees or lower and closing the door to that room. Just don't forget to close the flue when you're done!

4. Decorate with candles. Adorn your home and walkway with luminaries for a beautiful yuletide glow that won't run up energy bills. To ensure your luminaries are safe, be sure to weigh bags down with sand or use a battery-operated, flameless candle.

5. Appreciate the small things. Miniature holiday lights will twinkle just as long and brightly - while using about 70% less energy than the larger bulbs.

6. Speaking of lights...standard incandescent lights consume thousands of gigawatt hours each year. Avoid these energy hogs and switch to LED holiday lights, which will save you about one-fourth of that in just one season.

7. Cool it. Setting your water heater to "normal", or 120 degrees Fahrenheit, could save you over 10% in water heating costs.

8. Stay in control. Invest in a programmable thermostat, which will help moderate the temperature in your home while you're out on a shopping marathon or visiting Grandma's house. It is estimated that programmable thermostats can save you almost $200 in energy costs every year.

9. Follow the Star. Take advantage of Energy Star's "Home Energy Yardstick", where you can assess your current energy use and receive tips on how to enhance your home's energy efficiency, lower utility bills, and increase comfort. Learn more about how HWA supports eco-friendly Energy Star products here.

10. Go with the flow. A dirty air filter can slow air flow, putting more of a burden on your entire system. Replace your filter every month to save between 5 -10% on annual energy costs.

Indiana Real Estate Market Numbers

by Brian Russell

This just in! The latest numbers for the Indiana Real Estate Market....

A summary: Sales up, prices up! New listings down. This is good news for sellers/homeowners because things are turning the corner. However if you're a buyer, this is a sign that if you are able, you should be pulling the trigger and buying NOW!

From Indiana Association of Realtors:

The good news made last month is part of a trend that proves local residential real estate markets across the state continue to strengthen from the worst of the recession. September 2012 marks the following consecutive year-over-year gains in home prices and market activity:

• The number of closed home sales has increased year-over-year for 15 consecutive months,
• The median sale price of homes has increased for 10 consecutive months,
• The average sale price has increased for nine consecutive months,
• The number of pending home sales has increased for 12 consecutive months, and
• Sellers received a greater share of their original list price for the seventh consecutive month.

This isn't a one time event, we are trending this way everyone! Here's to the recovery!

Brian

The Bubbles...

by brian
  Once again, the good people at KCM blog have vividly shown us where we're at...

InfoGraphic

 
This is a SWEET graphic posted by the good folks over at Moving Authorities...check 'em out!    

The housing market recovery is on the way.

by brian
The good news: the housing market recovery is on the way... The bad news: it's probably 2 years away... The problem:the large number of distressed properties that were being held up in the banks by the courts from hitting the market. These properties are referred to as the 'shadow inventory'. Now, this shadow inventory is beginning to be released into the market as state courts allow the banks to continue the sale process, which was being investigated. This will cause the market to be "flooded" with distressed properties which will a) attract buyers away from non-distressed properties and b) lower comparable home values that assessors use. How does this translate into a housing recovery? Homeowners aren't behind on their payment in as high numbers so the shadow inventory isn't growing as quickly. So, once these homes get in the market and get sold, the market can come back down to normal inventory levels; recovery. What's this got to do with me? If you're thinking of selling, get your house on the market NOW! Once the market is hit with all these home, your sale price will likely drop significantly. Otherwise, consider call us in 24 month :) Cheers, Brian

All Signs Pointing Toward Real Estate Stabilization

by admin

Real Estate sales were up considerably in July

 

Positive signs for real estate have surfaced yet again, indicating a troubled market that appears to be stabilizing.  July housing statistics are in and have exceeded economists’ forecasts with sales up over 9%.  While the number of sales are down considerably from the peak of 2005, they are up quite a bit from January.

 

The upswing of Real estate sales is largely attributed to the first time homebuyer tax credit which covers 10% of the value of the home up to $8,000. The current tax credit is only good until December 1st and there is a big push to extend the credit. Home builders in particular want to see the credit extended because any projects that are started today cannot be guaranteed finished by the tax credit cut-off date.

 

 

For more information on July’s sales and the current state of the National real estate market visit Yahoo Real Estate.

Real Estate values and sales seem to be on the rise

Clear Capital Report sees home prices rise across the country when analyzing quarterly results.  The report sees home value gains in all regions of the country, averaging out to 5%, with the Midwest gaining the most at 11.2%.  The real estate improvements are linked with summer being a buying season, increased investment opportunity and the previous large drop in home values.

The second quarter of 2009 followed a period of extremely low real estate activity, couple that with tax incentives, low mortgage rates and reduced home values, and the evidence of a true buyer’s market became omnipresent.  Acquiring a mortgage is probably still the most difficult part of the home buying process but money is strating to loosen.  Increased sales volume indicates an improvement in the real estate sector, a welcome sign for a beleaguered economy.

For a complete look at the Clear Capital report click here.

Real Estate values and sales seem to be on the rise

The Clear Capital Report sees home prices rise across the country when analyzing quarterly results.  The report sees home value gains in all regions of the country, averaging out to 5%, with the Midwest gaining the most at 11.2%.  The real estate improvements are linked with summer being a buying season, increased investment opportunity and the previous large drop in home values. The second quarter of 2009 followed a period of extremely low real estate activity, couple that with tax incentives, low mortgage rates and reduced home values, and the evidence of a true buyer’s market became omnipresent.  Acquiring a mortgage is probably still the most difficult part of the home buying process but money is strating to loosen.  Increased sales volume indicates an improvement in the real estate sector, a welcome sign for a beleaguered economy. For a complete look at the Clear Capital report click here.

Displaying blog entries 1-8 of 8

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Cathy Russell
The Russell Company
2522 Covington St.
West Lafayette IN 47906
(765) 426-7000
(765) 335-5588
Fax: (765) 497-1003