November 7th, 2007
The house kit is in the mail
The process of building a home is generally a wasteful one. Just think of all the debris that’s generated. But a company in Metairie, La., is hoping to change this.
The process of building a home is generally a wasteful one. Just think of all the debris that’s generated. But a company in Metairie, La., is hoping to change this.
Each year, Coldwell Banker ranks all 119 Division 1-A college football towns according to how much it would cost to purchase a 2,200-square-foot single-family home. It’s a fascinating survey, and one that’s fun to pore through. Search for your college town to see how expensive – or affordable – it’d be to purchase a single-family home there.
Working as a real estate agent isn’t as fun as it once was. It takes longer to sell homes. Sales prices are stagnant. The days of multiple offers on properties are long gone. Come to think of it, selling a home isn’t as fun as it once was, either.
But that doesn’t mean that we can’t [...]
If you could guess, what would you say is the top reason why most consumers choose a green-built home?
Is it because it’s healthier to live in one? Maybe because it’s good for the environment?
Of course not: It’s money — green of a different kind — that drives people to build or purchase a green home.
This [...]
Yes, officials with the National Association of Realtors are once again engaging in one of their favorite activities: blaming the media for the housing industry’s problems.
Need some good news about the residential housing industry? Well, if you’re a buyer, here’s some: Interest rates on mortgage loans have fallen to their lowest point in five months.
Something new is happening now: The homeownership rate is starting to dip.
Foreclosures continue to rise across the country. That’s the latest bit of bad news released by Irvine, Calif.-based RealtyTrac, an online source of foreclosure listings. The company has been making headlines regularly ever since the subprime mortgage crisis has helped boost the number of residential foreclosures. its most recent press release was guaranteed to do the same.
Notice that when I listed the benefits of homeownership I didn’t mention that owning a home is a great way to build wealth. Most Web sites will list that as one of the top reasons to buy a home instead of renting. But I’m here to tell you, don’t count on your home as a way to get rich.
Residential green building is only available to those homeowners who can afford it. Those who can’t spend the extra money for energy efficient features? They’re out of luck.
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