Friday, April 10, 2015

This Week in Real Estate - 4-10-2015 - Where are we going?



Where are we going?

The second most common question I get is “where do you see the market going? How much will prices improve, if any over the next few years?”

As a conservative prognosticator I have the view of slowed minimal growth, but recently a company surveyed over 100 economists with various financial interests and stakes in the recovery and here are the results.

To project the future you need to look at the past, current trends, and factors that influence the future (interest rates, jobs growth, health of the overall economy …) Going back about 30 years to 1987 the mean(average) growth was 3.6% per year until 1999 the beginning of the housing boom. For our long term trend we will use this growth as a base figure for comparison purposes.



For a complete report you can visit.


Home Tip of the Week.

I don’t know about you but my allergies this past week have been high. Pollen anyone? So this week I went on my mission to make things better in my home and did a little research to find out how to make my house better for my allergies.

The Mayo Clinic has some great suggestions. (some a little extreme)
·         Temperature and humidity. Hot, humid houses are breeding grounds for dust mites and mold. Maintain temperature between 68 F (20 C) and 72 F (22 C) and keep relative humidity no higher than 50 percent. Clean or replace small-particle filters in central heating and cooling systems and in room air conditioners at least once a month.
·         Pests. Control cockroaches and mice with inexpensive traps from the hardware store. If that's not effective, hire a professional exterminator. To remove allergy-triggering insect and mouse residue, thoroughly vacuum carpeting and wash hard surfaces. To prevent re-infestation, seal cracks or other possible entryways.
·         Mold. Close doors and windows during warm weather and use air conditioning and dehumidifiers. Remove nonwashable contaminated materials such as carpeting. Clean washable material with a solution of 5 percent chlorine bleach and wear a protective mask when cleaning away mold. Check the roof and ceilings for water leaks.
·         Weekly cleaning routine. Damp-mop wood or linoleum flooring and vacuum carpeting. Use a vacuum cleaner with a small-particle or a high-efficiency particulate air (HEPA) filter. Use a damp cloth to clean other surfaces, including the tops of doors, windowsills and window frames. If you have allergies, either wear a dust mask or get someone who doesn't have allergies to do this job. Change or clean heating and cooling system filters once a month.
·         Smoking. Don't allow smoking anywhere inside your house.

For the full list here is the link.

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