SR: Home values have bottomed and bounced off the bottom in some parts of the country. In San Diego, for example, they’re already 5-10% off the bottom. We don’t expect a significant price appreciation from here, but we don’t expect home values to go further south in those parts of the country. This points to the way we must look at home values—which is at the neighborhood and regional level. It’s more nuanced than what the national media typically reports. There is definitely some good news for our industry which has been underreported. For example, we’ve clearly passed through the bottom in terms of transaction volume. Homes are selling again and the dark days of two to three years ago when there were no sides taking place are behind us. The agent and broker who is tech-savvy and understands how to price homes in the market and who has the experience on short sales and foreclosures will do extremely well.
I always enjoy quick, easy reads that are also helpful tips for your home. I found this article on summer remodeling ideas to be thought provoking. Whether you are thinking of adding or refinishing a patio or deck, adding some energy efficient home improvements or just some much needed home maintenance, I think you'll find that article to be helpful.
What are you doing this weekend? There are LOTS of fun events going on in Colorado Springs, El Paso County over the next few days. Here are just a few of the attractions and events happening this weekend around town:
Do you bring work with home you? Either physically bring it in the door or mentally because you can't stop thinking about the office? How can you be there for your family and relax if you are at work, even when you are home? I hope you'll find these tips to be good and simple reminders to de-stress after work.
Great listing at a FANTASTIC price: Lovely home on almost 20 acres in Black Forest, Colorado Springs
|Sources:||The El Paso County Assessor's Office; Gazette data analysis and research|
- Contain the work area
- Minimize dust
- Clean up throughly
Information for Property Owners of Rental Housing, Child-Occupied Facilities
Property owners who renovate, repair, or prepare surfaces for painting in pre-1978 rental housing or space rented by child-care facilities must, before beginning work, provide tenants with a copy of EPA's lead hazard information pamphlet.
After April 22, 2010, property owners who perform these projects in pre-1978 rental housing or space rented by child-care facilities must be certified and follow the lead-safe work practices required by EPA's Renovation, Repair and Remodeling rule. To become certified, property owners must submit an application for firm certification and fee payment to EPA. EPA is already processing applications. The Agency has up to 90 days after receiving a complete request for certification to approve or disapprove the application. Read more about EPA's rules and lead-safe work practices in EPA's pamphlet Contractors: Lead Safety During Renovation
Information for Homeowners Doing Your Own Rennovation
If you are a homeowner performing renovation, repair, or painting work in your own home, EPA's RRP rule does not cover your project. However, you have the ultimate responsibility for the safety of your family or children in your care. If you are living in a pre-1978 home and planning to do painting or repairs, please read a copy of EPA's Renovate Right: Important Lead Hazard Information for Families, Child Care Providers, and Schools lead hazard information pamphlet. You may also want to call the National Lead Information Center at 1-800-424-LEAD (5323) and ask for more information on how to work safely in a home with lead-based paint.