Edwin Gerace's Real Estate Blog

Monday, June 28, 2010

FREE Home Selling Seminar at Lexington County Library Monday Night at 6pm http://ow.ly/23BDc

Friday, June 25, 2010

Free Home Buyer Seminar Monday Night at Lexington Library. Info on the $7,500 Buyers Assistance Prgram http://ow.ly/1JLM9

Thursday, June 24, 2010

Residential Home Selling / Buying Educational Seminars

Residential Home Selling / Buying   Educational Seminars  PRESS RELEASE

Free Home Buying and Selling Seminars are being offered to the public at the Lexington County Library’s main branch.


Buyer Seminar Topics to include Selecting the right home, Selecting a mortgage, Information on Grants, Understanding contracts, Explain who is representing you and much more. As well as information about the $7,500 Down Payment Assistance Program, Lexington County Grant Program, and many other sources of down payment assistance.

Seller Seminar Topics to include: Free Market Analysis, Secrets to Selling, Reduce Stress when selling your home, Learn Value of Correct Pricing, Private consultation and much more

The seminar will have a host of professionals in the home buying process to offer FREE information on home ownership.

Free Home Buyer Seminar is being offered at the Lexington County Library.

Address is 5440 Augusta Road, Lexington, SC 29072
Library Phone is (803) 785-2600
Directions: Located off Hwy 1 in Lexington approximately 1.5 miles from Exit 58 on I-20

The seminar will be available for Churches, groups, civic organizations and others on request.

There will be an additional seminar for learning the short Sale process for buyers and sellers by appointment,
Call 609-7653 to reserve your spot.

The schedules for the following seminars are as follows:

Seller Seminar
June 28, Lexington Library 6:00pm-7:30pm
July 26, Lexington Library 6:00pm-7:30pm
Aug 16, Lexington Library 6:00pm-7:30pm

Buyer Seminar
June 19, Lexington Library 6:00pm-7:30pm
Aug 23, Lexington Library 6:00pm-7:30pm
These seminars are FREE but please RSVP due to the demand.

Follow us on Twitter http://twitter.com/lexingtonsc
Visit http://www.edwingerace.com/sellerseminar

For more information 803-957-5566 or 803-609-7653

Wednesday, June 23, 2010

"Typewriter" is the longest word that can be made using only the top row on the keyboard.

Thursday, June 10, 2010

Free Home Buyer Seminar Monday Night at Lexington Library. Info on the $7,500 Buyers Assistance Prgram http://ow.ly/1JLM9

Green Building

The hot topic at the water cooler is Green Buildingin and cost vs reward.  Some say greenhouse gases are dooming our grandkids to a future of drought and flooding. Skeptics argue that climate change is inevitable and beyond the scope of anything we humans do. While the truth is likely somewhere in between, most people agree that sensible conservation and practical oversight is probably a healthy approach –and the efforts we make today will put energy-saving dollars in our pockets tomorrow. That’s one reason most of us practice some sort of conservation effort; recycling trash, reducing our use of paper, or heating our swimming pools with solar panels. It’s also the reason why NAR built the first LEED-certified* green building in Washington, DC. NAR believes REALTORS® need to be on the leading edge of social concerns—which is also why they developed NAR’s Green Designation for today’s real estate professionals—and why they closely monitor all legislation regarding environmental issues. I have earned the Green Designation myself because I believe it’s important to be at the forefront of this movement. As green issues take a more prominent place in social discourse, we take justifiable pride in our industry’s commitment to the environment.


Yes, I think the idea of “going green” started to gain momentum before the housing downturn hit. Today, a lot of Las Vegas buyers—and most investors—are pretty focused on opportunistic purchases like REOs and short sales. As things start to improve, real estate consumers will turn their attention back toward “green,”  Bob Hamrick said. 

The effort to highly competitive has caused the slowed down the green effort, but I expect today’s move toward green construction will become the standard for the future. The new CityCenter in Las Vegas, which is really an extraordinary resort destination, was designed and built to conserve energy and preserve natural resources. It’s just a more responsible approach to building, and I think that signals a growing trend. Getting our agents green-certified and knowledgeable is certainly a place to start, Bob Hamrick said.  

*LEED (Leadership in Energy and Environmental Design) is a benchmark building standard set by the U.S. Green Building Council.




Results are based on 451 completed surveys returned from building professionals in 48 states: 64.5% of respondents design or build green homes; 35.5% do not; 92% of all respondents work in new single-family detached, 24% also design or build new single-family attached, and 24% are active in multifamily markets.


Compared with market conditions three years ago, only 7% of respondents described their markets as growing, 9% as about the same, 13% reported a 5% drop, 18% said their market was down 5%–10%, 17% reported a 10%–20% drop, and 36% reported a decline of more than 20%.

 
Green building is looking toward putting all the pieces of the puzzle together with the creation of a smart grid and connected home is expected to grow in 2010 as utilities continue to make upgrades to the grid for more effective generation, storage and distribution of power, and as smart-grid manufacturers develop custom and web-based display panels that show real-time home energy use, says the Earth Advantage Institute.  The same is true in the commercial sector. Case-in-point: Networking equipment giant Cisco rolled out the first Smart Connected Building solution in July last year, which will interconnect and enable building systems such as heating, ventilation and cooling (HVAC), lighting, electrical, security, and renewables over the IP network.
Cisco also projects that the smart-grid communications infrastructure will reach $20 billion a year over the next five years.  The Earth Advantage Institute also predicts energy labeling for homes and office buildings. The non-profit organization says this will make it easier to perform a building-to-building or home-to-home comparison, but a publicly available score on the multiple listing service could push building owners to make needed energy improvements.


There are many different approaches to green building--in site design and development, in sourcing materials and in methods for energy and water efficiency. Throw in a client's geography and budget and everything can change.  We need to look at the whole-house approach and emphasizing what you need to do from start to finish--whether you're remodeling a home or building from the ground up. You'll learn how to make the National Green Building Standard work for you.

Email Edwin to know about the Green Built homes in Columbia, SC  Email me Green Built Homes. 

Thursday, June 3, 2010

Housing Stays Highly Affordable for Fifth Consecutive Quarter

Housing Stays Highly Affordable for Fifth Consecutive Quarter




RISMEDIA, May 29, 2010—Nationwide housing, bolstered by favorable interest rates and low house prices, hovered for the fifth consecutive quarter near its highest level of affordability since the series was first compiled 19 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).



The HOI showed that 72.2% of all new and existing homes sold in the first quarter of 2010 were affordable to families earning the national median income of $63,800, slightly higher than the previous quarter and near the record-high 72.5% set during the first quarter a year ago.



“Today’s report is very encouraging because it indicates that home ownership continues its more than year-long trend of remaining within reach of more households than it has for almost two decades,” said NAHB Chairman Bob Jones, a home builder from Bloomfield Hills, Mich. “With interest rates still hovering at low levels, companies starting to hire new employees and the economy beginning to rebound, this should encourage more home buyers to enter the market and help further stabilize housing and the economy.”



Indianapolis-Carmel and Youngstown-Warren-Boardman, Ohio-Pa., shared the ranking as the most affordable major housing markets in the country. In Indianapolis, which has held this top ranking for nearly five years, almost 95% of all homes sold were affordable to households earning the area’s median family income of $68,700. In Youngstown, the same percentage of homes were affordable to households earning a median $53,500.



Also near the top of the list of the most affordable major metro housing markets were Syracuse, N.Y.; Dayton, Ohio; and Grand Rapids-Wyoming, Mich.



Five smaller housing markets posted even higher affordability scores than Indianapolis and Youngstown. Among them, Bay City, Mich., where 98.7% of homes sold during the first quarter of 2010 were affordable to median-income earners, was the most affordable market in the country. Other smaller housing markets near the top of the index included Kokomo, Ind.; Davenport-Moline-Rock Island, Iowa-Ill.; Sandusky, Ohio; and Elkhart-Goshen, Ind., respectively.



New York-White Plains-Wayne, N.Y.-N.J., continued to lead the nation as its least affordable major housing market during the first quarter of 2010. Slightly less than 21% of all homes sold during the quarter were affordable to those earning the New York area’s median income of $65,600. This was the eighth consecutive quarter that the New York metropolitan division has occupied this position.



The other major metro areas near the bottom of the affordability scale included San Francisco; Honolulu; Santa Ana-Anaheim-Irvine, Calif.; and Los Angeles-Long Beach-Redwood City, Calif.



San Luis Obispo-Paso Robles, Calif. was the least affordable of the smaller metro housing markets in the country during the first quarter. Others near the bottom of the chart included Ocean City, N.J; Santa Cruz-Watsonville, Calif.; Napa, Calif.; and Flagstaff, Ariz.



For more information, visit www.nahb.org (http://www.nahb.org).

Edwin Gerace's Lexington SC Real Estate Blog

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Lexington, SC, United States
Edwin Gerace is Realtor with Holiday Builders in Lexington South Carolina. Edwin specializes in New Construction and 1st Time Home Buyers. Edwin is very active in Lexington South Carolina and is knowledgeable about the surroundings. Edwin is very active in his profession and community such as: On active committees with the Columbia Home Builders, active and on committees with Lexington Chamber of Commerce, Town of Lexington Performing Arts Center, Green Building Council of HBA, LORADAC, State Association of Realtors on State and Local Level, and many other community oriented service groups.
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