February 29th, 2008
The New American Home: This is green?
Maybe I’m old-fashioned, or maybe I expect too much out of green building, but to me, green doesn’t mean you can build the largest house possible as long as it has Energy Star-rated windows.
Maybe I’m old-fashioned, or maybe I expect too much out of green building, but to me, green doesn’t mean you can build the largest house possible as long as it has Energy Star-rated windows.
And you thought resort towns were only for the rich. Well, according to an Associated Press story, that’s no longer the case.
There’s usually a positive side to everything, even the housing slump. And if you have a million-plus dollars to spend? There’s a big positive.
You Walk Away is saying that it’s OK to lose your house to foreclosure. The company, for a fee, will help you through the process.
The combination of a sluggish economy and higher heating costs is causing problems for a growing number of homeowners.
A growing number of older buyers are barely downsizing at all when they purchase their final residences.
Several real estate agents are calling themselves “green” agents, promoting their knowledge of environmentally friendy construction, energy efficient appliances and alternative heating and cooling systems.
I hate myself for writing this, but it’s too hard to resist. Forbes Magazine, which has a love affair with the list, recently compiled another lone: its list of the biggest real estate losses taken by celebrities.
The best bet, by the way, for people who do fear foreclosure is to immediately call their mortgage lenders. Most times, the lenders, who don’t benefit at all from foreclosures, will do their best to work out a solution.
The housing downturn has lasted long enough now that it is changing the way buyers view homes. Today, buyers are more interested in flexible floor plans and energy efficient residences. No longer are they simply looking for the biggest houses that they can afford.
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Written by Dan Rafter [email] for b5media.
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