July 3, 2017

The History of the 4th of July

 

On July 4, 1776, the thirteen colonies claimed their independence from England, an event which eventually led to the formation of the United States. Each year on July 4th, also known as Independence Day, Americans celebrate this historic event.

 

Conflict between the colonies and England was already a year old when the colonies convened a Continental Congress in Philadelphia in the summer of 1776. In a June 7 session in the Pennsylvania State House (later Independence Hall), Richard Henry Lee of Virginia presented a resolution with the famous words: "Resolved: That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved."

 

Lee's words were the impetus for the drafting of a formal Declaration of Independence, although the resolution was not followed up on immediately. On June 11, consideration of the resolution was postponed by a vote of seven colonies to five, with New York abstaining. However, a Committee of Five was appointed to draft a statement presenting to the world the colonies' case for independence. Members of the Committee included John Adams of Massachusetts, Roger Sherman of Connecticut, Benjamin Franklin of Pennsylvania, Robert R. Livingston of New York and Thomas Jefferson of Virginia. The task of drafting the actual document fell on Jefferson.

 

On July 1, 1776, the Continental Congress reconvened, and on the following day, the Lee Resolution for independence was adopted by 12 of the 13 colonies, New York not voting. Discussions of Jefferson's Declaration of Independence resulted in some minor changes, but the spirit of the document was unchanged. The process of revision continued through all of July 3 and into the late afternoon of July 4, when the Declaration was officially adopted. Of the 13 colonies, nine voted in favor of the Declaration, two -- Pennsylvania and South Carolina -- voted No, Delaware was undecided and New York abstained. John Hancock, President of the Continental Congress, signed the Declaration of Independence. It is said that John Hancock's signed his name "with a great flourish" so England's "King George can read that without spectacles!

 

"Today, the original copy of the Declaration is housed in the National Archives in Washington, D.C., and July 4 has been designated a national holiday to commemorate the day the United States laid down its claim to be a free and independent nation.

 

http://www.military.com/independence-day/history-of-independence-day.html

July 3, 2017

PRIORITY TASKS FOR YOUR MOVE IN

Moving into a new home is an exciting time, and you're probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you should cover first.

Change the locks

Even if you're promised that new locks have been installed in your home, you can never be too careful. It's worth the money to have the peace of mind that comes with knowing that no one else has the keys to your home. Changing the locks can be a DIY project, or you can call in a locksmith for a little extra money.

Steam clean the carpets

It's good to get a fresh start with your floors before you start decorating. The previous owners may have had pets, young children, or just some plain old clumsiness. Take the time to steam clean the carpets so that your floors are free of stains and allergens. It's pretty easy and affordable to rent a steam cleaner-your local grocery store may have them available.

Call an exterminator

Prior to move-in, you probably haven't spent enough time in the house to get a view of any pests that may be lurking. Call an exterminator to take care of any mice, insects, and other critters that may be hiding in your home.

Clean out the kitchen

If the previous occupants wanted to skip on some of their cleaning duties when they moved out, the kitchen is where they probably cut corners. Wipe down the inside of cabinets, clean out the refrigerator, clean the oven, and clean in the nooks and crannies underneath the appliances.

June 30, 2017

The Top Things That Cause Home Buyers Stress

 

 

 

Buying a home is no small transaction and the potential for stress is high, here are purchaser's top three concerns:

1. They will lose their earnest money deposit. One way to avoid problems with this is to make your offers subject to earnest money being deposited after inspection issues have been resolved.

2. Becoming house poor or financially burdened by the costs of homeownership. Fortunately, this is a risk that can be easily avoided by having a firm budget beforehand and sticking to it.

3. Getting into a bidding war that drives up the price of their desired home. Explain to your clients in detail your techniques and strategies for avoiding this issue.

 

June 27, 2017

FIVE MONEY-SAVING GREEN UPGRADES

Going green is great for the environment, but that's not the only benefit. When you make green upgrades in your home, it can also lead to some major savings.

  1. Solar panels: The upfront cost is big, but the long-term savings are huge. Solar panels will cost several thousand dollars to install, but ongoing maintenance costs are very low, and a typical system could save you hundreds of dollars per year. You can even sell your surplus electricity.
  2. Wood furnace: Wood-burning furnaces are relatively inexpensive, and though the yearly savings aren't as dramatic (about 10% on heating bills), it adds up over the long run.
  3. Insulation: There's a good chance your insulation isn't very efficient, especially in older homes. Look into installing floor, cavity, wall, and loft insulation to reduce your heating bills.
  4. Rain barrels: Rain barrels are extremely inexpensive, and provide gallons of free water to use when you wash your car or water your garden.
  5. Geothermal system: OK, so the price tag is scary at first. A geothermal system uses the earth's temperature to heat and cool your home, but can cost $30,000 to install. But tax credits allow you to get a lot of that money back, and the energy savings average about $1,900 per year. If you plan to be in your home for a decade or two, it's a great investment.

June 26, 2017

Demand for Loans

Demand for loans to buy homes is now 8% higher than it was at the same time last year.

Last week, for example, average mortgage rates fell again and are now at seven-month lows. 

From a borrower's perspective, rates held steady at seven-month lows last week providing some borrowers an opportunity to refinance.

Over the last two weeks applications have increased 13 percent and the average loan size increased to its largest since September 2016, reflecting the tendency for jumbo borrowers to be more sensitive to rates.

June 23, 2017

Boomers Look To Real Estate To Afford Retirement

 

POST WRITTEN BY

Julia Bunch

 

 


As many as 10,000 baby boomers retire daily. Members of this generation are increasingly looking to real estate to diversify their retirement portfolios and boost returns.


Many boomers have realized their retirement plans are not sufficient and have turned to alternative investments, such as real estate, to compensate. About 30% of baby boomers have no retirement savings and one-quarter have less than $50K saved, according to research by GoBankingRates.


These boomers, who were born between 1945 and 1964, survived the Great Recession and were raised by parents who survived the Great Depression. They have been employed in a world where pension funds are growing less common and employer-led 401(k) retirement accounts are increasingly more common.

 

June 23, 2017

THE MARKET NEEDS YOU!

 

There is a good chance you've been hearing about how hot the real estate market is. Like many homeowners, you might be considering a move but you've been waiting for the right time. As a real estate professional I'm thrilled to report a positive outlook for those who are thinking about selling.

Below are statistics that indicate it may be a sellers market.

  • According to the National Association of Realtors inventory of available homes has decreased 7.1% from January 2016 to January 2017. In January of 2017 there was a 3.6 month supply of homes, this is below the 6 month supply that many real estate professionals consider normal.
  • The number of homes sold according to the National Associations of Realtors was 15.4% higher in January 2016 to January 2017, this dramatic increase in sales signifies a hot real estate market. Additionally the number of homes for sale during the same time period is 8% lower. Fewer homes for sale generally indicates a sellers market.
  • Additionally the National Associations of Realtors reported that single family home prices nationwide have risen 7.1% from January 2016 to January 2017.

I am sharing this information with you because inventory in Toledo and surrounding areas is low, and I am hearing from agents and prospective buyers that they just can't find what they are looking for.

If you've thought about selling please give me a call. I'd love to visit with you for a no obligation and no pressure consultation.

June 21, 2017

July 2017 Newsletter

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Real Estate News July 2017

Pending Home Sales Sluggish as Low Supply Rears Its Head

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Image 1Pending home sales were sluggish in April as low supply reared its head, down 1.3 percent in the National Association of REALTORS®(NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.8 in April, down from 111.3 in March. The Index is based on contract signings. 

"Much of the country for the second straight month saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes coming off the market," says Lawrence Yun, chief economist at NAR. "REALTORS® are indicating that foot traffic is higher than a year ago, but it's obviously not translating to more sales.  

The West fared best in April, with pending home sales up 5.8 percent to an Index reading of 100.0, though still down 4.2 percent from one year ago. The Midwest saw a 4.7 percent decrease in the Index to 104.4, while the South saw a 2.7 percent decrease to 125.9, and the Northeast, a 1.7 percent decrease to 97.2.  

Scarce supply will remain the status quo, according to Yun, unless more homes are made available, especially from the investor side.   

For more information, please visit www.nar.realtor

Safety Tips for the Summertime Grill Master

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Image 2Summer is the season for grilling. However, an average of 8,900 home fires involving grills, hibachis, or barbecues occur each year in the United States. In 2014, 16,600 patients went to emergency rooms due to injuries involving grills, and 1,600 children under age five suffered thermal burns, caused by touching a hot surface. Safety aside, grilling-related fires cause about $118 million in property damage each year. 

Clearly, it’s important to keep safety in the forefront when enjoying all that your grill has to offer. 

Here are a few common sense reminders on keeping your family and your home safe:

  • Keep the grill well away from your home and deck railings, and out from under eaves and overhanging branches.

  • Remove grease or fat buildup from the grill and in trays below the grill.

  • Never leave your grill unattended, and keep children and pets at least three feet away from the grill at all times.

  • Always make sure the lid of a gas grill is open before lighting.

  • If using starter fluid for a charcoal grill, use only charcoal starter fluid, and never add charcoal fluid or any other flammable liquid to the fire. Keep charcoal fluid out of the reach of children and away from heat sources.

  • If your charcoal grill has an electric starter, use an extension cord.

  • When finished grilling, let the coals cool completely, then dispose of in a metal container.

Tips compliments of www.insurance.pa.gov and the National Fire Protection Association.

QUESTIONS? VISIT www.searchtoledohomes.com

 

 

 

Posted in Real Estate
June 19, 2017

8 Easy Ways to Save Energy in Your Home

Running an energy-efficient home this winter doesn't necessarily entail buying expensive solar panels or wind generators. Neither does it mean you have to wear your outdoor clothes inside to stop you shivering! Here are 8 useful tips.

Laundry: Wait until you have a full load of laundry and run the machine on cold. Detergents are available to clan clothes at low temperatures.

Dishes: Don't pre-rinse your dishes as this wastes energy. And wait until the dishwasher is full before turning it on. If you have the time, use the air dry or no-heat dry settings so the dishes dry without using electricity.

Windows: In the winter during the day, open the blinds on south-facing windows to allow the sun to warm your home then close them in the evening to increase insulation. (In the summer, you can do the opposite to keep your home cool.)

Computers and TVs: Turn off your appliances when you are not using them. Even when they're in standby mode they are still using electricity -- it's estimated 5% of household energy use is from appliances leaking away electricity. So turn them off at the wall.

Showers: While a long, hot shower is nice and relaxing, you can save a lot of money taking shorter showers and by installing energy-efficient showerheads that give you a good shower while reducing water use.

Space heaters: Surprisingly, space heaters are a lot cheaper than a central heating system. And don't forget to turn them off when you're out. Installing a programmable thermostat will also keep your heating bill low.

Furnace filter: Change the filter at the start of every season and then every month or two after because a dirty filter makes the furnace work harder and be less efficient.

Floors and drafts: If you've got hardwood floors, put down some rugs, particularly if you have wood floors above a cold basement. Make sure also that you've installed insulation such as weather-stripping at the bottom of doors.

Posted in Homeowner Tips
June 16, 2017

BATHROOM TRENDS FOR 2017

 

 

Staying on top of the latest trends in home decor isn’t for everyone, but even for traditionalists, it can be fun to incorporate some new ideas. Here are five bathroom decor trends that are appearing in 2017.

Geometric Patterns: Many homeowners are selecting bold patterns in geometric shapes, like chevrons, triangles, or hexagons. These patterns can add intrigue and continuity to your tile or shower curtain.

Plants: Even the best-designed bathrooms can benefit from some small plants. If you have a windowless bathroom, there are some low-light options that can survive with little maintenance.

Dark Colors: This can be tricky to achieve, but it comes with a big pay off. While traditional bathrooms are often painted with brighter whites and grays, opting for darker colors can make a bathroom seem more luxurious and relaxing. Imagine sinking into a deep bath with dim lighting—that might convey the appeal of a darker palette.

Brass Hardware: Trends often come back around, and this year, brass fixtures of the ‘70s are popular once again.

Minimalism: The massive master bathroom is still great, but there’s also some appeal in smaller bathroom designs. Minimalism allows for smaller spaces to feel more intimate, but still airy and open.