Tuesday, September 24th, 2013

A recent report from Prime Time Window Cleaning gives a clear picture of the damage that can be caused by failing to clean out your gutters each year.

They report that millions of dollar in damage are caused to Chicago area homes. The lesson to be learned can be applied across the nation. When Fall comes calling, homeowners must clean out their gutters.

One Prime Time Windows customer writes, “Naturally you might be thinking that this is one chore you would rather avoid this year especially with the busy holiday season rapidly approaching. Chances are you have ignored this time-consuming but vital home improvement chore in the past but if this winter is even half as destructive as the last, you could be looking at thousands of dollars in damage to your investment.”

The risks to skipping out on this task are easy enough to see. As leaves and debris build up in your guttering system there become blockages. Instead of watering flowing easily into downspouts, it backs up onto eaves, the roof, and other parts of your house eventually leading to rot.

This in turn can lead to interior home damage to walls and ceilings. Overly full gutters can also become extremely heavy. This can bend the gutters and their brackets, causing unsightly damage to the exterior of your home.

Read The Full Article Here

Monday, September 23rd, 2013

For several weeks, markets across the country have seen consistent gains in sales, prices and percent of list price received at sale. Things like steadily low rates, less lender-mediated inventory and increased consumer confidence are all helping this reality. Each and every week reveals signs of a recovered market that are going from temporary yard sign to permanent road sign. Here’s to hoping for prosperous signs on the road ahead.

In the Twin Cities region, for the week ending September 14:

  • New Listings increased 19.5% to 1,625
  • Pending Sales increased 8.3% to 1,006
  • Inventory decreased 8.0% to 16,095

For the month of August:

  • Median Sales Price increased 16.9% to $207,900
  • Days on Market decreased 34.0% to 70
  • Percent of Original List Price Received increased 2.0% to 97.0%
  • Months Supply of Inventory decreased 18.2% to 3.6

Click here for the full Weekly Market Activity Report.From The Skinny.

Posted in Weekly Report |
Tuesday, September 17th, 2013

A pendulum spends little time in the middle. It tends to overswing center and hang out at the extreme before changing directions. Apply that to housing. Two or three years ago, almost no one would have foreshadowed concern over affordability, yet that’s what some are cautioning against in an environment of rising prices and interest rates. It would take further increases to truly rattle confidence and sentiment, but it’s wise to monitor the market recovery’s dual-edged saber.

In the Twin Cities region, for the week ending September 7:

• New Listings increased 18.6% to 1,511
• Pending Sales decreased 4.5% to 857
• Inventory decreased 8.9% to 15,891

For the month of August:

• Median Sales Price increased 16.9% to $207,900
• Days on Market decreased 34.0% to 70
• Percent of Original List Price Received increased 2.0% to 97.0%
• Months Supply of Inventory decreased 18.2% to 3.6

 

Click Here to View Full Weekly Activity Report

Posted in Weekly Market Activity Reports |
Tuesday, September 17th, 2013

By Sheree R. Curry

More consumers are dusting off their cordless drills, tape measures and jigsaws, or at least are shelling out for paint, spackle or flooring products. Home remodeling is on an upswing, according to the National Association of the Remodeling Industry. A byproduct of rising home sales during this past year, new homeowners are spending more at big-box stores such as Lowe’s and Home Depot for their DIY projects. Home sellers are also adding to the increased sales at home improvement stores as they spruce up a home before putting it on the market. TV programmers, meanwhile, have been paying attention — and adding new home-improvement series or renewing old ones.

“Homeowners are more comfortable investing in their homes right now,” said Eric S. Belsky, managing director of the Joint Center for Housing Studies at Harvard University. “Consumer confidence scores are back to pre-recession levels, and since recent homebuyers are traditionally the most active in the home improvement market, the growth in sales of existing homes is providing more opportunities for these improvement projects.”

Home Depot and Lowe’s both reported favorable earnings in August, with Lowe’s saying that its net earnings rose 26 percent from a year ago and Home Depot recording its highest number of transactions in company history, according to MarketWatch. The unfortunate aftermath of natural disasters — from hurricanes to tornadoes or wildfires — have also sent homeowners to the home improvement stores.
Read The Full Article Here

Monday, September 16th, 2013

A pendulum spends little time in the middle. It tends to overswing center and hang out at the extreme before changing directions. Apply that to housing. Two or three years ago, almost no one would have foreshadowed concern over affordability, yet that’s what some are cautioning against in an environment of rising prices and interest rates. It would take further increases to truly rattle confidence and sentiment, but it’s wise to monitor the market recovery’s dual-edged saber.

In the Twin Cities region, for the week ending September 7:

  • New Listings increased 18.6% to 1,511
  • Pending Sales decreased 4.5% to 857
  • Inventory decreased 8.9% to 15,891

For the month of August:

  • Median Sales Price increased 16.9% to $207,900
  • Days on Market decreased 34.0% to 70
  • Percent of Original List Price Received increased 2.0% to 97.0%
  • Months Supply of Inventory decreased 18.2% to 3.6

Click here for the full Weekly Market Activity Report.From The Skinny.

Posted in Weekly Report |