Putting Holiday Decorations Up Early Could Make You Happier, According to Experts

Putting Holiday Decorations Up Early Could Make You Happier, According to Experts http://www.goodhousekeeping.com/health/news/a46938/christmas-decorations-make-you-happy/ via @goodhousemag#ChristmasDecorations

http://www.goodhousekeeping.com, November 20th, 2017

Advertisements
Posted in Uncategorized | Tagged , , , , , | Leave a comment

Homeowners: Your House Must be Sold TWICE

KCM Crew, November 20th, 2017

Homeowners: Your House Must Be Sold TWICE | MyKCMIn today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.

If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.

Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance their home believes their house is worth, and an appraiser’s evaluation of that same home.

Bill Banfield, Executive VP of Capital Markets at Quicken Loans urges anyone looking to buy or sell in today’s market to remember the impact of this challenge:

“Based on the HPPI, it appears homeowners in the markets where prices are rising faster than the national average – like Denver, Seattle and San Francisco – are continuing to underestimate just how quickly home values are rising, so the average appraisal is higher than homeowner estimate.

On the inverse of that, homeowners in areas where the values aren’t rising as fast may think they are rising faster than they are, leading to the appraisal lagging the estimate.”

The chart below illustrates the changes in home price estimates over the last 12 months.

Homeowners: Your House Must Be Sold TWICE | MyKCM

Bottom Line

Every house on the market must be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). With escalating prices, the second sale might be even more difficult than the first. If you are planning on entering the housing market this year, let’s get together to discuss this and any other obstacles that may arise.

Posted in Home Buying, Home Selling, Homeownership, Market Conditions | Tagged , , , , | Leave a comment

9 Ways to Stop Thanksgiving From Sending Your Energy Bill Soaring

National Association of REaltors, By: Courtney Craig, Published: August 18, 2016

Like turning down the heat when you crank up the oven.

Your home gets a serious workout on Thanksgiving. While you may be packing on the pounds, your home is sweating from increased usage — more people coming in and out, and more ditigal devices to charge so everyone can keep up with their favorite football team and friends. Your home’s energy consumption can skyrocket, especially when the oven’s working non-stop and you’re pulling out kitchen gadgets to chop and puree.

Give your home a break, and don’t make it work so hard, which will also save you cash on energy bills. Try these tips:

A Few Days Before Thanksgiving

1. Install a dimmer switch for the dining room chandelier. Every time you dim a bulb’s brightness by 10%, you’ll double the bulb’s lifespan. Most CFLs don’t work with dimmers, but you can create mood lighting with incandescents and LEDs. The dimmer switch will cost you about $10.

2. Plan side dishes that can cook simultaneously with the turkey. If you cook dishes at the same temperature at the same time, you’ll reduce the amount of time the oven has to be running — it’s easier for the cook and saves energy, too.

{{ include_photo how-use-less-energy-thanksgiving-infographic }}

When You Start Cooking

3. Lower your house thermostat a few degrees. The oven will keep the house warm. You also can turn on your ceiling fan so it sucks air up, distributing heat throughout the room.

4. Use ceramic or glass pans — you can turn down the oven’s temp by up to 25 degrees and get the same results. That’s because these materials retain heat so well, they’ll continue cooking food even after being removed from the oven.

5. Use your oven’s convection feature. When heated air is circulated around the food, it reduces the required temperature and cooking time. You’ll cut your energy use by about 20%.

6. Cook in the microwave whenever possible. Ditto slow cookers. Microwaves get the job done quickly, and although slow cookers take much longer, they still use less energy than the oven. Resist the urge to peek inside your slow cooker: Each time you remove the lid, it releases heat and can add about 25 minutes of cooking time to your dish.

7. Use lids on pots to retain heat. The food you’re cooking on the stovetop will heat up faster when you use lids.

When It’s Cleanup Time

8. Scrape plates instead of rinsing with hot water. Unless food is really caked on there, your dishwasher should get the dishes clean without a pre-rinse. Compost your non-meat food waste.

9. Use your dishwasher. It saves energy and water, so only hand-wash things that aren’t dishwasher-safe. Wait until you’ve got a full load before starting the dishwasher. Be sure to stop the appliance before the heated dry cycle; just open the door and let your dishes air-dry.

 

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

35+ Easy Thanksgiving Side Dishes

35+ Easy Thanksgiving Side Dishes http://www.goodhousekeeping.com/holidays/thanksgiving-ideas/g1202/thanksgiving-side-dishes/ via @Good Housekeeping#Thanksgiving

http://www.goodhousekeeping.com, November 19th, 2017

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Top 4 Home Renovations for Maximum ROI

KCM Crew, November 17th, 2017

Top 4 Home Renovations for Maximum ROI [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most “Return On Investment” (ROI).
  • While big projects like adding a bathroom or a complete remodel of a kitchen are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
Posted in Uncategorized | Tagged , , , , , , | Leave a comment

Here’s What Today’s First-Time Homebuyer Look Like

NAR breaks down who they are and what they want

laptop couple homebuying hands

Millennials continue to surge into the housing market, their demand rising unchecked by rising home prices or increasing mortgage rates.

Now, a new infographic from the National Association of Realtors shows exactly what these younger homebuyers look like, and what they want. NAR pointed out Millennial homebuyers faced various obstacles in their path to homeownership including higher rents and home prices, tight inventory conditions and repaying student loan debt.

These impediments continue to hold first time homebuyers at just 34% of all market transactions, down from the historical average of 39% since NAR’s Profile of Home Buyers and Sellers survey began in 1981.

However, despite these obstacles, demand for starter homes remains strong. These are some of the characteristics of a successful first-time buyer.

Their average age is 32 years old, and they earn a household income of $75,000. The average home purchased costs $190,000, for which they usually put in a 5% down payment. The average amount of student loan debt per homebuyer is $29,000.FT homebuyer

NAR explained these homebuyers are typically looking for a single-family home to purchase in a suburban area.

A recent report from Ellie Mae showed the most popular metropolitan area for homes purchased by Millennial buyers was Mount Vernon, Illinois. Other popular Midwestern cities included Hutchinson, Kansas, New Philadelphia-Dover, Ohio, Defiance, Ohio, Dickinson, North Dakota, Owosso, Michigan and Ashland, Ohio.

Posted in Financing, Home Buying, Home Selling, Homeownership, Market Conditions | Tagged , , , , , , | Leave a comment

15 Incredibly Warm and Cozy Spaces You’ll Want to Curl Up in

15 incredibly warm and cozy spaces you’ll want to curl up in via @buzzbuzzhome#CozySpace

@buzzbuzzhome, November 15th, 2017

Posted in Uncategorized | Tagged , , , , , | Leave a comment