May 31, 2008

Home Energy Audits

Home Energy Audits

 

Everyone seems to be looking for ways to cut down on gasoline consumption to save money, but cutting down on energy consumption in your home is critical too.  Free energy audits from your utility company are a popular way to save up to 30% on your energy bill… but you can always do it yourself!  Stacy Johnson explains in this short video (1:22)…

 

Have other suggestions for ways to save energy?  Post your comment below by using the "Comment" link.  Your email address is needed to post a comment, but it will not be published here.

 

 

 

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May 30, 2008

Homes Sales Dip, Prices Down Sharply


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House Trends Leaning to Smaller Homes

 

Over the years, many a forecaster has predicted the mass downsizing of the American home. Instead, the average size of newly built houses has continued to rise from just over 1,600 square feet in the late 1970s to nearly 2,300 now.

 

But a number of trends now suggest Americans really might be leaning towards smaller homes now.

 

For starters, baby boomers, whose eldest members turned 62 this year, are increasingly becoming empty-nesters; with children gone, they need less space. Between 1970 and 2000, the percentage of nuclear families - married couples with kids - declined from 40% of households to 24%, according to the Census Bureau. And childless families are expected to increase. For them, the supersize house may no longer be the ideal.

 

In a February survey of potential home buyers by the National Association of Home Builders, 60% said they would rather have a smaller house with more amenities than the other way around.

 

If the trend toward smaller homes does take root, it could trigger a seismic shift in home values. A recent study by online house-pricing service Zillow.com found that less expensive houses appreciate more than costlier and presumably larger homes. If that continues, the large home may turn out to be the real estate bubble's biggest booby prize.

 

What are your feelings about this trend? Do you find yourself wanting (or needing) less space than you have now? If you don't own a home now, are you thinking smaller than you once were in looking for that first home? We'd love to hear your feedback on this. Just click the "comment" link below and tell us where you send house trends going when it comes to size. We'd love to hear from you.

 

 

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May 28, 2008

What is Happening to Mortgage Brokers?


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May 27, 2008

Homes: Buy or Rent?


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