July 31st, 2008
http://www.nashville.gov/mayor/green_ribbon/index.asp
I just wanted to pass along a link I got today about Mayor Karl Dean’s attempts to make Nashville a greener city. It’s a really short survey, but I think it would be great if there was a huge response to it, don’t you? Let’s let the mayor know what we want to see done, and that lots of people want it!
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July 30th, 2008
As an active voting member of NAR , I wanted to share with my readers the latest difference our organization has made.
National Association of REALTORS®
Summary of Key Provisions of H.R. 3221 - The Housing Stimulus Bill (as of 7/30/08)
H.R. 3221, the “Housing and Economic Recovery Act of 2008,” passed the House on July 23, 2008,
by a vote of 272-152. On Saturday, July 26, 2008, the Senate passed the bill by a vote of 72-13. The President signed the bill on July 30, 2008. The bill includes the following provisions:
- GSE Reform – including a strong independent regulator, and permanent conforming loan limits up to the greater of $417,000 or 115% local area median home price, capped at $625,500. The effective date for reforms is immediate upon enactment, but the loan limits will not go into effect until the expiration of the Economic Stimulus limits (December 31, 2008).
- FHA Reform – including permanent FHA loan limits at the greater of $271,050 or 115% of local area median home price, capped at $625,500; streamlined processing for FHA condos; reforms to the HECM program, and reforms to the FHA manufactured housing program. The downpayment requirement on FHA loans will go up to 3.5% (from 3%). The effective date for reforms is immediate upon enactment, but the loan limits will not go into effect until the expiration of the Economic Stimulus limits (December 31, 2008).
- Homebuyer Tax Credit - a $7500
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July 28th, 2008
Make sure you have these things covered first…
Top Ten: Home Features Desired by All Home Buyers
- Central Air Conditioning
- Garage (2 or more spaces)
- Walk-in closet in master bedroom
- Backyard/play area
- Cable/Satellite TV-ready
- High-speed Internet Access
- Separate shower enclosure in master/main bath
- Patio
- Fencing
- Home less than 10 years old
Source: NAR 2007 Profile of Buyer’s Home Feature Preferences
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July 9th, 2008
GNAR NEWS
Special Issue - June and Mid-Year Home Sales
July 9, 2008
MID-YEAR CLOSINGS REMAIN CONSISTENT; CONDOMINIUM MARKET SETS NEW PRICE RECORD
There were 2,591 homes sold in the month of June, which is down 27.8 percent compared to the 3,588 closings reported for June of 2007.
Second-quarter closings are also down, with 7,234 sales reported. that is a 28.2 percent decrease compared to the second quarter of 2007.
Year-t-date closings are also down 28 percent, with 12,997 sales reported so far in 2008, compared with 18,070 reported through mid-year 2007.
The median price for a single-family home during June was $183,615 and for a condominium is was $185,500. This is the first time
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July 3rd, 2008
Fireworks
A responsible adult should supervise all fireworks activities.
Never give fireworks to young children.
Always purchase fireworks from reliable sources.
Follow label directions carefully.
Never point or throw fireworks at another person.
Use fireworks outdoors in a clear area away from buildings and vehicles.
Never carry fireworks in your pocket or shoot them in metal or glass containers.
Light them one at a time then move back quickly.
Don’t experiment with homemade fireworks.
Observe local laws and use common sense.
Sparklers, fountains and other items that many states allow for use by consumers are not appropriate when a large crowd is
present.
If attending a community display, leave your own fireworks at home.l
A responsible adult should supervise all fireworks activities.
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July 2nd, 2008
YES! With the it being a buyers market and lots of competition for sellers, sellers want to make sure their home stands out. The best way to do that is to stage it.
Here is an article by Deborah Snoonian, This Old House online.
http://www.thisoldhouse.com/toh/photos/0,,20209521,00.html
There are before an after pictures. Check it out and see what you think of the difference it makes.
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