Sunday, December 3, 2017
Thursday, November 16, 2017
Thursday, November 9, 2017
Monday, October 30, 2017
Wednesday, October 25, 2017
What is your home worth?
I would like to send you a personalized comparative market analysis (CMA) with no obligation. Click this link or copy and paste in your browser. https://goo.gl/kiSN3b
Tuesday, October 24, 2017
Friday, October 20, 2017
Wednesday, October 18, 2017
Vegan
Listen to Vegan Remix ~ LET ME EXPLAIN (this Song Turns Its Listeners Vegan) by the Vegan Revolution #np on #SoundCloud
https://soundcloud.com/the-vegan-revolution-1/vegan-remix-let-me-explain-this-song-turns-its-listeners-vegan
Wednesday, October 11, 2017
Roasted Parsnips
simple roasted parsnips
Rate this recipe
6 ratings
Prep Time: 10 minutes
Total Time: 35 minutes
Author: Katie Webster
Yield: 4 cups
Serving Size: 1 cup
Calories per serving: 110
Fat per serving: 4 g
Saturated fat per serving: 0 g
Carbs per serving: 20 g
Protein per serving: 1.5 g
Fiber per serving: 4 g
Sugar per serving: 5 g
Sodium per serving: 550 mg
Simple recipe for roasted spring-dug parsnips with oil, herbs and salt. As easy as can be, naturally gluten-free and paleo.
Ingredients
2 pounds parsnips1 tablespoon extra-virgin olive oil1 ½ teaspoon herbs de province, Italian seasoning or other dried herb mix1 teaspoon kosher saltchopped parsley for garnish
Instructions
Preheat oven to 400 degrees F.Peel parsnips and cut into 1-inch chunks. Toss with oil, herbs and salt in a large bowl. Spread out on a large rimmed baking sheet in a single layer. Roast, stirring once or twice, until the parsnips are tender in the center and browned in spots on the outside, 25 to 30 minutes. Transfer to a platter or plates and garnish with parsley.
Tuesday, October 3, 2017
Pecan
http://www.fitclick.com/how_many_calories_in_pecans_28_grams_IS_about_12_pecan_halves_IS_1_4_C_?fd=295208#.WdObkJ8pBnE
Sunday, October 1, 2017
Monday, September 11, 2017
Schools closed
Pasco County Schools
@pascoschools
After reassessing the situation in shelters, our revised tentative plan is to reopen schools on Monday, September 18.
11:02 AM · 11 Sep 17
783 Retweets 558 Likes 
Friday, September 8, 2017
Sunday, September 3, 2017
Sunday, August 20, 2017
Single Agent - Transaction Broker...
http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0400-0499/0475/Sections/0475.278.html
Wednesday, August 9, 2017
Vacant Land - Homosassa, FL
https://debbiesmallnet.tumblr.com/post/163998573407/vacant-land-homosassa-fl-beautiful-home-site
Sunday, August 6, 2017
Friday, August 4, 2017
Saturday, July 29, 2017
Monday, July 24, 2017
Sunday, July 16, 2017
Friday, July 14, 2017
Sinkhole land o lakes
Please drop off donations for sinkhole victims in Land O Lakes to: Florida Luxury Realty
24646 SR 54
Today 2-6
For all who have lost homes and those displaced by this sinkhole.
Wednesday, July 12, 2017
Saturday, July 1, 2017
Friday, June 30, 2017
Friday, June 23, 2017
Tankless water heater
http://homeguides.sfgate.com/determine-required-size-tankless-hot-water-heater-81211.html
Tuesday, June 13, 2017
CREDIT BUREAU INFORMATION
Equifax
P.O. Box 740241
Atlanta, GA 30374
800-685-1111
www.equifax.com
Trans Union
P.O. Box 1000
Chester, PA 19016
800-888-4213
www.transunion.com
Experian
P.O. Box 2002
Allen, TX 75013
888-397-3742
www.experian.com
other helpful credit websites
www.optoutprescreen.com
www.annualcreditreport.com
877-322-8228
www.donotcall.gov
888-382-1222
P.O. Box 740241
Atlanta, GA 30374
800-685-1111
www.equifax.com
Trans Union
P.O. Box 1000
Chester, PA 19016
800-888-4213
www.transunion.com
Experian
P.O. Box 2002
Allen, TX 75013
888-397-3742
www.experian.com
other helpful credit websites
www.optoutprescreen.com
www.annualcreditreport.com
877-322-8228
www.donotcall.gov
888-382-1222
Is credit reporting unfair to minorities?
Is credit reporting unfair to minorities?
According to MyFICO.com scoring considers only credit - related information. Factors such as race, gender, nationality and marital status are not included. The Equal Credit Opportunity Act prohibits lenders from considering this type of information when issuing credit.
According to MyFICO.com scoring considers only credit - related information. Factors such as race, gender, nationality and marital status are not included. The Equal Credit Opportunity Act prohibits lenders from considering this type of information when issuing credit.
Can I get a mortgage loan after a bankruptcy?
Can I get a mortgage loan after a bankruptcy?
Yes you can! Each individual circumstance must be evaluated, but lenders do allow a mortgage loan after a bankruptcy as long as the bankruptcy is discharged a minimum of two years and the circumstance causing the bankruptcy are not likely to occur again. There are contingencies in some cases including an extended waiting period of four years, third party documentation of the cause of credit problems and reestablished credit. You should call a mortgage professional to discuss your individual situation. I am happy to recommend one. Call DebbieSmall, GRI 727-599-4958 or email debbiesmall.net@gmail.com
Yes you can! Each individual circumstance must be evaluated, but lenders do allow a mortgage loan after a bankruptcy as long as the bankruptcy is discharged a minimum of two years and the circumstance causing the bankruptcy are not likely to occur again. There are contingencies in some cases including an extended waiting period of four years, third party documentation of the cause of credit problems and reestablished credit. You should call a mortgage professional to discuss your individual situation. I am happy to recommend one. Call DebbieSmall, GRI 727-599-4958 or email debbiesmall.net@gmail.com
Will a poor credit score ever go away?
Will a poor credit score ever go away?
Your credit score will change gradually as a result of how you handle your credit. A score is just a snap shot and will change gradually with time and as you open and close accounts. Bankruptcies, collections, charge offs and tax liens do eventually fall off in 8-15 years of absolutely no contact with you. If there is contact or the debt is sold the process can start over based on the new date of last activity.
Your credit score will change gradually as a result of how you handle your credit. A score is just a snap shot and will change gradually with time and as you open and close accounts. Bankruptcies, collections, charge offs and tax liens do eventually fall off in 8-15 years of absolutely no contact with you. If there is contact or the debt is sold the process can start over based on the new date of last activity.
Will my credit score drop if I apply for a new loan?
Will my credit score drop if I apply for a new loan?
According to MyFICO.com credit inquiries make up 10% of your credit score. Everything is relative in credit scoring. So, if you are already struggling with a lower score, inquiries will have more of an impact. If your credit history is shorter, inquiries will have more of an impact. Most credit scores are not affected by multiple inquiries from auto or mortgage lenders within a short period of time. Typically these are treated as a single inquiry and will have little impact on the score, if done within 30 days.
According to MyFICO.com credit inquiries make up 10% of your credit score. Everything is relative in credit scoring. So, if you are already struggling with a lower score, inquiries will have more of an impact. If your credit history is shorter, inquiries will have more of an impact. Most credit scores are not affected by multiple inquiries from auto or mortgage lenders within a short period of time. Typically these are treated as a single inquiry and will have little impact on the score, if done within 30 days.
Does my credit score determine whether or not I get a loan?
Does my credit score determine whether or not I get a loan?
A variety of facts determine the lending decision. Your income, employment history, prior housing experience and assets play a vital role in credit approval. Also considered are current lending policies and the type of loan applied for.
A variety of facts determine the lending decision. Your income, employment history, prior housing experience and assets play a vital role in credit approval. Also considered are current lending policies and the type of loan applied for.
CREDIT SCORE
collections remain 7 years from date of initial missed payment that led to collection. paid collections are simply marked as such on report.
charge-off remain 7 years from initial missed payment that led to charge-off even if parameters are later made on the charged off account.
closed accounts are no longer available for further use. they may r may not have a $0 balance. Those with delinquencies remain 7 years from date closed, whether by consumer or creditor. positive closed accounts remain 10 years.
lost credit card: if no delinquencies, those reported lost will continue to be listed for 2 years from date card reported lost. Delinquent payments that occurred before the card wast lost will report for 7 years.
bankruptcy: chapter 7, 11 and 12 remain 10 years from filing date. Accounts included will also remain 7 years.
city, county, state and federal tax liens: unpaid tax liens will remain 15 years from filing date. Paid tax liens will remain 7 years from the paid date of lien.
ARE THE ALTERNATIVES TO FORECLOSURE ANY BETTER AS FAR AS MY FICO SCORE IS CONCERNED?
Are the alternatives to foreclosure any better as fare as my FICO score is concerned?
The common alternatives to foreclosure, such as short sales, and deeds-in-lieu of foreclosure are all "not paid as agreed" accounts and considered the same by your FICO® score. This is not to say that these may not be better options for you from a financial perspective, just that they will be considered no better of worse for your FICO score.
If you are considering bankruptcy as an alternative to foreclosure, that may have a greater impact to your FICO score, While a foreclosure is a single account that you default on, declaring bankruptcy has the opportunity to affect multiple accounts and therefore has the potential to have a greater negative impact on your FICO score. source myFICO.com
The common alternatives to foreclosure, such as short sales, and deeds-in-lieu of foreclosure are all "not paid as agreed" accounts and considered the same by your FICO® score. This is not to say that these may not be better options for you from a financial perspective, just that they will be considered no better of worse for your FICO score.
If you are considering bankruptcy as an alternative to foreclosure, that may have a greater impact to your FICO score, While a foreclosure is a single account that you default on, declaring bankruptcy has the opportunity to affect multiple accounts and therefore has the potential to have a greater negative impact on your FICO score. source myFICO.com
HOW LONG WILL A FORECLOSURE AFFECT MY FICO SCORE?
How long will a foreclosure affect my FICO score?
A foreclosure remains on your credit report for 7 years, but It's impact to your FICO® score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, its a common misconception that it will ruin your score for a very long time. In fact, it you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years. The important thing to keep in mind is that a foreclosure in a single negative item, and if you keep this item isolated, it will be much less damaging to your FICO score than if you had a foreclosure in addition to defaulting on other credit obligations.
source myFICO.com
A foreclosure remains on your credit report for 7 years, but It's impact to your FICO® score will lessen over time. While a foreclosure is considered a very negative event by your FICO score, its a common misconception that it will ruin your score for a very long time. In fact, it you keep all of your other credit obligations in good standing, your FICO score can begin to rebound in as little as 2 years. The important thing to keep in mind is that a foreclosure in a single negative item, and if you keep this item isolated, it will be much less damaging to your FICO score than if you had a foreclosure in addition to defaulting on other credit obligations.
source myFICO.com
credit scores - understanding your credit score HOW MISTAKES AFFECT FICO
Mortgage - (FICO)
Equifax
Transunion
Experian
Consumer
freecreditscore.com
triplescore.com
annualcreditreport.com
What is your FICO Score?
payment history 35%
amounts owed 30%
length of credit history 15%
credit use 10%
new credit 10%
PARTIAL CREDIT BUREAU SCORECARD
ATTRIBUTES POINTS
number of bank credit cards
0 15
1 22
2 {30}
3 40*
4+ 30
number of inquiries last month 0 75*
1 55
2+ {40}
number of months on file
-12 12
12-23 {35}
24-47 60*
48+ 75*
number of months since most recent bank card opening
no bank cards 32
bank card,not open date 40
0-5 {20}
6-11 25
12-17 30
18-23 38
24+ 45*
number of months since most recent derogatory public record
no public record {75*}
0-5 10
6-11 15
12-23 25
24+ 49
*represents the maximum points possible
{} represents the actual points received
©195,Fair, Isaac and Co, Inc
HOW MISTAKES AFFECT FICO
CREDIT MISTAKE IF YOUR SCORE IS 680 IF YOUR SCORE IS 780
maxed out card down 10-30 points down 25-45 points
30 days late payment down 60-80 points down 25-45 points
debt settlement down 45-65 points down 140-160 points
foreclosure down 85-105 points down 140-160 points
bankruptcy down 130-150 points down 220-240 points
Equifax
Transunion
Experian
Consumer
freecreditscore.com
triplescore.com
annualcreditreport.com
What is your FICO Score?
payment history 35%
amounts owed 30%
length of credit history 15%
credit use 10%
new credit 10%
PARTIAL CREDIT BUREAU SCORECARD
ATTRIBUTES POINTS
number of bank credit cards
0 15
1 22
2 {30}
3 40*
4+ 30
number of inquiries last month 0 75*
1 55
2+ {40}
number of months on file
-12 12
12-23 {35}
24-47 60*
48+ 75*
number of months since most recent bank card opening
no bank cards 32
bank card,not open date 40
0-5 {20}
6-11 25
12-17 30
18-23 38
24+ 45*
number of months since most recent derogatory public record
no public record {75*}
0-5 10
6-11 15
12-23 25
24+ 49
*represents the maximum points possible
{} represents the actual points received
©195,Fair, Isaac and Co, Inc
HOW MISTAKES AFFECT FICO
CREDIT MISTAKE IF YOUR SCORE IS 680 IF YOUR SCORE IS 780
maxed out card down 10-30 points down 25-45 points
30 days late payment down 60-80 points down 25-45 points
debt settlement down 45-65 points down 140-160 points
foreclosure down 85-105 points down 140-160 points
bankruptcy down 130-150 points down 220-240 points
To thins own self be true
Polonius:
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.
Farewell, my blessing season this in thee!
Laertes:
Most humbly do I take my leave, my lord.
Hamlet Act 1, scene 3, 78–82
Friday, June 9, 2017
Thursday, June 1, 2017
How to adjust preferances on Google Android device
https://www.howtogeek.com/204543/how-to-turn-off-sound-and-vibration-in-androids-keyboard/
Sunday, May 28, 2017
Stuck With a Starter Home? 10 Places Where Trading Up Is Toughest
| May 22, 2017
Your sweet two-bedroom condo sure felt like the perfect size when you bought it. But 10 years, two children, and one capybara named Humbert later, it's begun to feel awfully cramped. You now need a playroom for the kiddies, a home office for your side hustle that could be turning into a full-time gig, and a guest bedroom for the in-laws. And heck, a nice backyard deck, a few avocado trees, and a lap pool wouldn't be too shabby either.
You know what? It might be time to move to a bigger home. After all, that's the home-buying circle of life! Right?
Not so fast. You may have thought that getting one foot on the ladder of homeownership was the hardest part, and that you'd easily be able to ascend to bigger, better, and more spacious digs as you moved up through life. But in fact, trading up has become an increasingly difficult prospect across the nation, leaving many homeowners stuck in their starter homes. Sometimes for good.
Here's the problem in a nutshell: high prices and low inventory. So while homeowners may be able to fetch record-high prices for their abodes in many parts of the country—driven largely by a shortage of homes for sale—those very same high prices and low inventory make it tough to pick up something better in a particularly tight market.
"In today’s competitive landscape, moving up from [starter homes] to the white picket fence has become increasingly tough," agrees Javier Vivas, manager of the realtor.com® economic research team. "This isn't particularly unhealthy for the market, since it stops some irrational buyers. But it can leave out a large crowd of buyers who are financially ready."
The number of repeat home buyers fell from 1.8 million in 2001 to 1 million in 2016, according to the Urban Institute, an economic think tank.
Repeat buyers include those trading up, downsizing into smaller, but fancier abodes and those buying similar-sized homes elsewhere. But it's those classic trade-ups—moving to a nicer, bigger, and generally more expensive home—that are faring the worst right now. In 2015, only 42% of move-up buyers got back into the market, down from 55% in 2003, according to the National Association of Realtors®.
In search of a trade-up
The reasons for the drop in repeat buyers are different for every market, but familiar themes crop up across the nation. New home construction hasn't caught up with demand, exacerbating the lack of homes for sale; there's strong competition from investors and foreign buyers who can pay in cash in the most desirable markets; and many buyers simply haven't recovered enough equity in their homes since the housing crash to finance a more expensive mortgage.
Current home prices have recovered about 80% of their pre-recession peak value, adjusting for inflation, according to realtor.com® data.
"After years of recovery, homeowners are slowly building up equity in their homes again. But it's not necessarily as much as they need to afford a better home and a bigger mortgage," says Bing Bai, a research associate at the Urban Institute.
To find out where trading up might be the hardest, we ranked the 100 largest U.S. metros by seven criteria:
- Affordability of trade-up* homes, measured by percentage of income needed to buy a home
- Price gap between starter and trade-up homes
- Price increase of trade-up homes since 2014 (the faster the increase, the less affordable they are)
- Dwindling supply of trade-up homes since 2014 (the faster the decline in numbers, the harder they are to buy)
- Percentage of homes with negative equity
- Days on market (the shorter they are for sale, the harder they are to secure)
- Percentage of households that have lived in the same home for more than eight years, indicating that they might be ready to move up to a new home
Upward mobility in today's housing market isn't always a walk in the park, my friends. It requires a plan. We're here to help!
1. Palm Bay, FL
Median price of starter home: $148,000
Median price of trade-up home: $329,900
Price difference: 223%
facebook.com/pg/palmbayfl
Skyrocketing prices of trade-up homes—19% a year since 2014—are making it harder for homeowners in metro Palm Bay to find the real homes of their dreams.
Prices in this resort town are rising because the metro has added thousands of jobs in service, education, and health care, drawing a growing number of out-of-towners. Who can say no to terrific surfing, chill waterfront bars, and Zen-like fishing piers?
Those who trade up "need to have a game plan for what they are going to buy, because they are not easily finding what they want out there," says Vicky Santana, a Realtor® with NextHome Santana Real Estate in Vero Beach. "With the inventory being so low, they have to carefully evaluate."
Buyers who feel stuck will need to adjust their expectations—forget about that dreamy beachfront villa. Instead, look to inland neighborhoods in southwest Palm Bay, where a decent trade-up home is obtainable for around $250,000.
Plus, rapid price appreciation doesn't mean every homeowner is financially sound enough to trade up. Badly burnt by the recession, about 11% of homeowners are still underwater, almost double the national average of 6.2%. These homeowners have to restore their equity before they can use it as leverage to buy a bigger home.
2. Omaha, NE
Median price of starter home: $97,000
Median price of trade-up home: $314,200
Price difference: 320%
Shannon Ramos / EyeEm/Getty Images
The Midwest has a low-profile boom town: Omaha. A white-hot housing market has led to a severe supply crunch that has slashed the number of affordable trade-ups in half in just three years.
The stomping ground of Warren Buffett and his company, Berkshire Hathaway, is also home to five other Fortune 500 companies. The area boasts an impressively low 3.2% unemployment rate as of March.
But new home construction has been concentrated in the west and southwest outskirts of Omaha, and redevelopment of houses in the urban core has been limited due to the shortage of land. Those seeking bigger homes need to give up the central location and a car-free lifestyle and move farther out.
"If you really want to buy a bigger and better house, you have to win it," says local Realtor Mark Leaders of CBSHome Realty. "That means getting your ducks in a row, and coming up with a clean offer—one that demands less from the sellers."
3. Detroit, MI
Median price of starter home: $60,000
Median price of trade-up home: $269,300
Price difference: 449%
Four years after it went bankrupt, Detroit is doing the phoenix thing, up from the ashes. But plenty of neighborhoods are still suffering from blight and distressed homes. A large swath of homeowners are locked into their starter abodes because they're still underwater or haven't built enough equity to move on. In metro Detroit, 15% of mortgaged homes still have negative equity, among the highest rates in the country.
Even many of those who have seen the value of their home recover are sitting on the fence, waiting for prices to go up higher before they consider selling and moving up.
"People are just starting to get some fresh air now. They are finally not drowning," says James Tumey, senior Realtor at The Loft Warehouse, a real estate agency. "But the thinking is: 'We've got to be smart, we've got to protect our investments.'"
Trading up is also held back by the so-called "appraisal gap." In other words, a home in good condition is often appraised for less than it's actually worth, because it's compared with distressed properties nearby. As a result, mortgage-dependent buyers are unable to get a large enough loan to afford their next home at market value.
The Detroit Home Mortgage Initiative addresses the appraisal gap by providing buyers with a second mortgage that, combined with the first one, can exceed the appraised value of the home.
4. Honolulu, HI
Median price of starter home: $325,000
Median price of trade-up home: $875,000
Price difference: 269%
andyKRAKOVSKI/iStock
In this tropical island paradise, commercial jet planes filled with rich Asian buyers just keep on landing. Will they ever stop? These buyers are quickly gobbling up the upper reaches of the real estate market.
"Those foreign buyers are willing to pay $1 million for a property and pay it in cash," says real estate analyst Keith Jurow, who publishes monthly reports on the housing market. And this has a trickle-down effect on less expensive homes. "They've pushed up the prices of the mid- to high-end market."
Honolulu homes have always been expensive, since there's only so much land to build on. The "price of paradise" is indeed steep. It's tough enough to spring for a starter home costing $325,000. But trade-up buyers need the value of more than two starter homes ($875,000) to afford a mid-level home. And that home may be nothing like you've envisioned: A mid-range home ranges from only 1,400 to 2,000 square feet in size.
But don't despair just yet. Nearby Kapolei and Ewa Beach, east of the airport, remain among the few cheaper neighborhoods, where master-planned communities offer trade-up homes for around $700,000.
5. Seattle, WA
Median price of starter home: $254,900
Median price of trade-up home: $549,900
Price difference: 216%
A brisk job market has made Seattle's real estate business a contact sport: Buyers wage war with one another, submitting ever-higher bids. That's because there are only half as many trade-up homes on the market today as three years ago.
Aggressive hiring at Amazon and Microsoft is drawing large numbers of high-paid tech workers who can afford more expensive homes, thus depleting the pool of mid-tier places. Deep-pocketed international buyers have also been entering the market, snatching up mid-range and luxury homes after Vancouver put a foreign-buyers' tax into effect last year.
Trade-up buyers face the trickiest balancing act. They have to max out their sale price and then act fast to get a new home—and a listing in Seattle is usually sold within a month.
6. Tucson, AZ
Median price of starter home: $148,000
Median price of trade-up home: $300,000
Price difference: 203%
drflet/iStock
Somewhat like in Detroit, a huge chunk of underwater homes (11%) is creating serious gridlock in Tucson's housing market. Those who wish to move up are forced to hang on to their current homes and hope the balance they owe on their mortgages will fall, boosting their equity.
Complicating matters, the number of available trade-up homes has been declining at 15% a year since 2014. And builders still aren't putting up enough homes to meet demand, citing shortages of skilled labor and high building costs.
But there's hope! The state just rolled out a program, "Pathway to Purchase," that provides up to $20,000 in down-payment assistance for anyone making less than $93,000 a year. And that includes repeat buyers.
7. San Jose, CA
Median price of starter home: $599,000
Median price of trade-up home: $1,186,500
Price difference: 198%
Silicon Valley, America's most expensive housing market, isn't easy on those who already own a home. A regular trade-up home in a middle-class neighborhood costs just short of $1 million, a price usually reserved for luxury estates in the rest of the United States.
Given Silicon Valley's booming tech-based economy and the very low supply of available homes, bidding wars are more common here than used Teslas.
Even with a sizable income—the median for San Jose households is $92,800—it still takes 44% of a family's earnings to upgrade, way higher than the commonly recommended 28%. Unless they bring extra cash to the table, their starter home doesn't have enough equity to support a much larger loan.
Savvy trade-up buyers have learned not to dismiss less attractive, long-snubbed locations. Our earlier study showed that nearby Milpitas, known for its pungent landfill, is one of the fastest-growing suburbs in the country. After all, top-ranked schools and relatively affordable homes are much more important than stinky real estate. We think.
8. Dallas, TX
Median price of starter home: $187,000
Median price of trade-up home: $399,900
Price difference: 214%
More new housing is on the way in Dallas. Just look at all the cranes dotting the city's skyline. But these extra places to live aren't bringing down the rising home prices faced by trade-up buyers in metro Dallas. The median price of mid-level homes has grown by 17% a year in the past three years alone.
With a mid-level home more than twice as expensive as an entry-level one, finding the next place for a growing Dallas family can be a challenge. Buyers generally need some extra cash, in addition to their home equity.
And while just about everyone hates long commutes, it's on the outskirts of the city that there are more affordable options. Trade-up homes in the low $300,000s are still available in towns like Keller. Less than an hour outside of downtown Dallas, the town strikes a nice balance between big-city comforts and small-town charm.
9. Sacramento, CA
Median price of starter home: $274,900
Median price of trade-up home: $522,200
Price difference: 190%
slobo/iStock
Upgrading to a bigger home is a challenge in Sacramento, thanks to all those San Francisco refugees. The pool of mid-level homes has been falling by 19% a year since 2014, as transplants from the city by the bay, one and a half to two hours away, arrived in droves. That's because the cost of a larger, move-up abode in Sacramento would barely cover a starter home in San Francisco.
In addition, intensive urban renewal efforts have made Sacramento an attractive place to live. Hip and walkable neighborhoods have sprung up downtown, along with stylish boutique shops, artsy galleries, and bohemian cafes.
In this extremely tight market, buyers are striving to gain an edge—and everything is considered worth a shot. More of them are talking to their agents about finding off-market properties, also known as "pocket" listings, or to look for homes that were recently listed but taken off the market without being sold. Chances are the owner might still be willing to sell.
10. Atlanta, GA
Median price of starter home: $139,900
Median price of trade-up home: $339,000
Price difference: 242%
novikat/iStock
The Atlanta housing market has become a tale of the haves and have-nots. The Southern mecca is among the most economically unequal in the country, according to a study by Brookings Institute.
"There's a big hole in the housing market, the inventory is very tight for homes that are really desirable, and that's what people moving out of their first homes are looking for," says Jen Engel, real estate agent at Nest Atlanta EXP Realty.
A widening price gap between entry-level and mid-level homes is making trading up financially out of reach for many folks jonesing for even a tad more space.
Location is key for Atlanta buyers. Midtown and Buckhead are almost exclusively luxury homes—way out of a typical trade-up buyer's range. Meanwhile, the northeastern outskirts of the city are dominated by foreclosed or run-down properties.
Discerning buyers on a budget should try Sandtown, a historical neighborhood going through massive redevelopment. The walkable neighborhood boasts an abundance of decent-sized trade-up homes at reasonable prices.
* For each market, we roughly divide all homes into three buckets: starter home, trade-up home, and premium home. In this article, starter homes are the bottom 40% of all homes in terms of both size and price, and trade-up homes are among the middle 40%.
Data source: realtor.com, CoreLogic, U.S. Census Bureau.
Beacon Square Civic Association Holiday FL
If you are interest in buying or selling, please call me DebbieSmall,GRI 7275994958
Saturday, May 27, 2017
Termite prevention how long does it last
http://pests.guru/termites/control/treatment/how-long-does-it-last.html
Friday, May 26, 2017
Understanding traffic enforcement
"A collector road or distributor roadis a low-to-moderate-capacity roadwhich serves to move traffic from local streets to arterial roads. Unlike arterials, collector roads are designed to provide access to residential properties."
Friday, May 19, 2017
Friday, May 12, 2017
Saturday, May 6, 2017
Sunday, April 30, 2017
Will a pool add value to my home?
https://www.houselogic.com/by-room/yard-patio/what_to_consider_before_building_pool/
Saturday, April 29, 2017
Can I turn my porch into a room?
http://yourhoustonhomeinspector.com/for-the-homeowner/turn-porch-room/
When buying a house, who pays for the appraisal?
They cost a few hundred dollars and typically the buyer pays the fee at closing, although you can opt to pay it up-front. A good faith estimate—also known as a GFE—given to you by the lender will supply a fee for the appraisal.
Thursday, April 27, 2017
Tidewater Initiative
The Tidewater Initiative allows any interested party in a real estate transaction to provide sold comparables (via a point of contact) to the appraiser. Therefore, the listing agent or anyone else involved may provide market information for sold comps as well.
Saturday, April 8, 2017
Monday, April 3, 2017
Monday, March 27, 2017
Friday, March 24, 2017
Sunday, March 19, 2017
How long does a tile roof last
"Perhaps the most important advantage of tile roofing is its lifespan. In general, a cared for and well maintained tile roof can last 50 years, although there are buildings in Europe whose tile roofs have lasted for centuries. Tile roofs exceed all other types of roofing materials for longevity.Mar 28, 2013
How Long Does A Tile Roof Last - Roofing ..
Wednesday, March 15, 2017
PACE Program for home repairs BEWARE. http://paceapproved.com
I believe there is a government loan program for certain energy efficient upgrades called "PACE" It allows the contractor that is going the work to sell you one of these loans with little regard to your ability to pay. It is attached as an assessment and must be paid back yearly. I could be wrong on this concept , but I would do some research before getting involved.....Read on...Concerns[edit]
I believe this might be what he buzz is all about for financing home efficiency upgrades. Do your homework before signing. Has a few pitfalls.
For consumers, PACE type programs have several problems. Most significantly, homeowners are financed for the home improvements without any assessment of whether the financing is affordable for the homeowner.[16][17] Because the PACE financing is structured as a tax assessment instead of a loan, the PACE programs do not have to provide to homeowners the same disclosures about the financing costs that traditional lenders must provide.[17] Without either an assessment of affordability or these disclosures about the costs of the financing, homeowners depend on what the PACE program providers tell them when trying to figure out whether the financing is affordable. Homeowners have complained that PACE contractors are lying about the costs of financing as part of selling the program.[18] These problems create a situation in which homeowners can suddenly owe far more in property taxes than they can afford to repay; this is especially true for retired and disabled homeowners on fixed incomes. PACE architects Cisco DeVries and Matthew Brown deny these claims as "isolated incidents".
The costs for consumers with PACE financing is also quite high. Interest rates for PACE programs are usually 3-4% higher than for traditional mortgage loans, with additional administrative fees close to 5%. [16][17]
Many buyers and sellers have had difficulty with sales of homes burdened with PACE tax assessments. Some buyers find out about the assessments after the sale, forcing them to pay money out-of-pocket unexpectedly.[19] Sellers have sometimes been forced to pay off the PACE assessment or lower the sale price to compensate for the PACE tax assessment.[20][21][22]
A problem with PACE for both residential lenders and consumers is that the tax liens for PACE financing take priority over other lien-holders, and those lien-holders are not notified or given an opportunity to object.[23][24] Commercial PACE is less problematic because priority lien-holders for those properties are notified before hand. Fannie Mae and Freddie Mac have refused to purchase or underwrite loans for properties with existing PACE-based tax assessments.[25][26] but announced guidance in mid-2016 for limited financing of properties with PACE obligations.[27]
Sunday, March 12, 2017
Thursday, March 9, 2017
Wednesday, March 1, 2017
Tuesday, February 21, 2017
Houseplants
https://www.lifehacker.com.au/2017/02/how-to-choose-a-houseplant-that-will-actually-last-infographic/
Thursday, February 9, 2017
Houseplants
http://www.biohealthscience.com/2012/11/the-best-air-purifying-humidifying-plant-for-your-home/
Tuesday, February 7, 2017
Thursday, February 2, 2017
Monday, January 30, 2017
Pac Man
https://www.bloomberg.com/news/articles/2017-01-30/japanese-arcade-pioneer-father-of-pac-man-has-died
Sunday, January 29, 2017
Friday, January 27, 2017
Tuesday, January 24, 2017
Sell NOW Before Competition Hits the Market
Sell NOW Before Competition Hits the Market
In their current edition of the Home Price Expectation Survey released last week, Pulsenomics asked this question of the 100+ economists, real estate experts and investment & market strategists they surveyed:
“In your opinion, what is the primary driver of recent home value growth in the U.S.?”
Here are the top four reasons given by those surveyed:
As we have stated before, the current lack of inventory in most housing markets has caused home appreciation to increase at greater percentages than historical averages. This means that this is a great time to sell your home as supply is low and demand is high.
However, things may be about to change…
The fortuitous situation sellers see themselves in may soon change for three reasons:
- As more homeowners realize their equity situation has dramatically improved over the last four years, they will be more likely to put their homes on the market.
- With the residential real estate sector outperforming a sluggish economy, more home builders will be looking to add new construction inventory to a depleted supply of housing stock.
- Many banks are just now foreclosing on loans that have been delinquent since the housing bust. These houses will also be coming to market.
According to Daren Blomquist, senior vice president of RealtyTrac, in the Q2 2016 U.S. Residential Property Vacancy and Zombie Foreclosure Report:
“Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory.”
Bottom Line
In most housing markets, don’t wait for this additional competition to hit the market. If you are considering selling your house, now may be the time.
Subscribe to:
Posts (Atom)