Wednesday, August 17, 2016

Is the Tiny House Movement: Fad or For Real


Is the Tiny House Movement: Fad or Solution


You don’t have to be house shopping to know that “tiny” is very now. “Tiny” as in “tiny homes,” that is. TV shows, magazines, and the lifestyle sections of newspapers have been promoting the “small is beautiful” philosophy for months now. What’s it all about?
A tiny house or apartment is generally described as less than 400 square feet (37.16 square meters), and, according to Betsy Shiffman in Forbes, “While tiny apartments are hardly a new phenomenon…a new wave of tiny houses and micro apartments is targeted to people who can afford more.”
In the past, families in urban areas lived in tiny apartments because they couldn’t afford bigger. Today’s tiny home buyers go tiny because they want to.
As Shiffman points out, “In Manhattan, a 100-square-foot broom closet on the Upper West side goes for a cool $1,100… and in Tokyo, so-called “coffin” apartments go for anywhere between $500 and $1000 per month for 50 to 75 square feet (4.6 to 6.9 square meters) of space.”
In the U.S., according to Collin Binkley of Associated Press, “Backers of tiny living say the movement is growing, and certain areas have become hotspots. Villages of little homes have popped up in cities like Portland and Seattle.”
However, a recent article in the Globe & Mail takes on the myth of happy tiny-home owners. “Are tiny homes really sustainable?”
The writer, Erin Anderssen, points to at least one poster family for the tiny housing movement: “They lasted 18 months before they decided it was ‘too small’ and moved into an apartment.”
That said, the movement remains popular across North America, especially with the millennial contingent.
And, interestingly, several urban areas are currently exploring the feasibility of tiny homes in the battle against homelessness.
Are tiny houses just another craze or might they represent a solution to an intractable urban problem? It remains to be seen.

blog from http://readytogonewsletters.com/real_estate_articles/

Sunday, August 14, 2016

Find The Lowest Rate for your home purchase

Find The Lowest Rate

So you've got your new home picked out and you're ready to embark upon the long process of securing a home loan and ultimately taking ownership of your dream home. Armed with that excitement, you take to the Internet in hopes of uncovering a hidden interest rate nugget, that low rate that other people have overlooked and that you have found through persistence and effort. Well, as you embark on that trip, there are some things to keep in mind during the pursuit for the lowest interest rate possible.

There are probably thousands of web sites offering financial data that can be pertinent to your search, so it is important to quickly cut through them all and pick one that seems to be at least somewhat reputable and has easy-to-access information. You'll probably want to focus your search on a 30-year, fixed-rate mortgage to get a barometer of the interest rate climate initially.

There are many sites out there that will go into detail on interest rate fluctuation but finding one with graphs that can show you the trend of that rate over time will provide you with a great piece of ammunition when trying to determine what the short term market might do and what kind of interest rate would, in the end, be a good one for the time frame you're looking at.

In addition, there are scores of financial articles written every day about the state of the real estate market and doing some reading on the current state of the market will help you greatly in your pursuit for a low interest rate. Sites like the Wall Street Journal online and other respected newspapers usually publish their full financial sections online. Google News and other outlets can additionally offer a slew of recent financial articles with a search or two.

Each loan has its own special set of financial aspects, so comparing them can be difficult at first glance. Thankfully, there are sites out there that will do it for you and doing a search for financial loan comparisons will give you a few good results. By putting in some information about you and your financial status, you can get some loan offers back that are tailored to your situation and can be compared against each other. This is a great step to help save time that might otherwise be spent deciphering the many loan options available through a multitude of lending agencies.

Finally, be thorough in your search. If you are truly looking to get a full picture of the loans available to you, contacting your local institutions (banks and credit unions) is a great step in the process and sometimes the added benefit of supporting local business or having a nearby branch office can make up for an interest rate shortcoming. It is up to you to assign priority to something like that.

Interest rates are important but while you've set out to pursue the lowest rate possible, you might find that there are other benefits you haven't considered that are important as well. These aspects should also make their way into your loan comparison as things like convenience, reliability and other factors differ from lender to lender. Decide what is important to you and what concessions you would make to accommodate one of those other desires.

Finding the lowest interest rate possible is a noble goal and with the avalanche of online information at the fingertips of anyone with an Internet connection, finding that rate is easier now that in the past. However, as you go through your search, keep in mind that a mortgage is more than just an interest rate and remain open to other benefits that might offset a bit of a higher rate.

This is another original article by Joe Lane, co-owner of The Lane Real Estate Team at http://www.joelane.com/. Are you looking for an experienced Tri City WA Real Estate agency? With 20 years of service based, business experience, Joe and Colleen Lane work hard to serve home buyers and sellers for the Tri Cities of Washington's Kennewick, Richland, Pasco, and surrounding areas.

Friday, August 12, 2016

St Louis Real Estates trends

According to Trulia - these are the current St. Louis stats.

$216,800
Average Listing Price
View Homes for sale
3,677
Homes For Sale
View Homes for sale
$900
Median Rent Per Month
View Homes for rent

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Some of the differences are so minimal that you probably won't even notice the difference.  A transaction broker who assists you with your flat fee listing probably won't come to your house, or deliver paperwork - but in this day of internet, email, fax, facetime, etc - this is not a requirement to make your home sale effective.

Step-by-step instruction takes away all the guesswork in DIY home selling and the transaction broker does just that.

You get help with negotiations, paperwork, comparables, and any other necessary forms and information you need along the way.

Companies like Lauralei Properties, are there to help with your FSBO home sale today.   Check out www.lauralei.net today!

Monday, August 08, 2016

update on what happened this week in the housing and financial markets.



Please enjoy this quick update on what happened this week in the housing and financial markets.



Jobless claims were once again below 300,000, signaling a healthy labor market. Labor market strength contributes to more spending on goods and services.

Consumer spending rose in June, suggesting a strengthening economy. Personal consumption accounts for more than two-thirds of U.S. economic activity.

Despite healthy consumer spending, the Commerce Department showed inflation is still muted. Lack of inflation helps to keep interest rates low. 

Construction spending on single-family homes was down slightly in June but up 4.8% over last year. June also saw increased spending on home improvements.

A new trend in kitchen design is to use mixed colors in cabinetry and countertops. A recent survey found 42% of remodelers used multiple colors.

Home price reports show nationwide prices up 5.7% year-over-year in June. Prices are expected to continue to increase at a healthy rate for the next year.


"Do you believe in life after death?" the boss asked one of his employees.
"Yes, Sir." the employee replied.
"Well, then, that makes everything just fine," the boss went on. "After you left early yesterday to go to your grandmother's funeral, she stopped in to see you."

Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.


Sincerely,

 

Thursday, August 04, 2016

bright and airy two-bedroom townhome on tree-lined Kennett Pl | RiverBender.com



bright and airy two-bedroom townhome on tree-lined Kennett Pl

2 / 3
You’ll love coming home to this bright and airy two-bedroom townhome on tree-lined Kennett Place! This two-bedroom fee simple (no HOA!) home is one block from Lafayette Park and an easy stroll to Lafayette Square dining and shops. Summer, enjoy neighborhood amenities or relax on the solar-lighted deck off the breakfast room; winter, cozy up with a book next to the wood-burning fireplace. End-unit home boasts high-ceilings, abundant natural light, ample storage, and private tuck-under garage. Updated kitchen features white cabinetry, gorgeous granite, stainless under-mount sink and convenient under-cabinet lighting. Beautiful hardwood floors make this a must-see..

1801 Kennett Place, St Louis 63104

For showings call  314-956-8492

Laura Ludwig
http://www.lauralei.net


314-503-1186


Ask about our
$195 Flat Fee MLS Listings
Lauralei Properties, LLC


199,900
call (314) 503-1186