Is Now the Time to Buy Your Home?

Yes!  And here’s what John R. Talbott, previously a Goldman Sachs investment banker, a best selling author and economic consultant to families has to say about it.  Read more.

Give our office a call if you’d like professional assistance in finding your perfect home!  603-526-4116; www.cbmilestone.com, info@cbmilestone.com

Have You Found the Right Mortgage Loan for You?

Here are 6 tips to help find the right loan.

Are you in the market for a home loan?  Here are some questions to ask the lenders to help find the right loan.  Knowing the answers to these questions will also make it easier to fill out an offer with the appropriate time frames.

1.  How long will the loan approval process take?

2.  How long is your loan lock-in period (the time that the quoted interest rate will be honored)?  Can I get a lower rate if they drop during this period?

3.  How long does it take to close the loan?

4.  Which type of mortgage is best for us and shy?

5.  What escrow requirements do you have?

6.  Are there any changes or penalties for pre-paying the loan?

Feel free to email me or call if you need more professional advice in searching for a loan.  I also have a list of lenders that we have successfully worked with in the past that I would be happy to share.  603-526-4116, Donna@DonnaForest.com.

Donna Forest, Broker Associate

 

Winter Offerings at Spring Ledge Farm

Spring Ledge Farm has their Winter Market open on Fridays from 3-6 p.m. and Saturdays 10 a.m. – 1 p.m.  They offer an array of their own locally grown root vegetables and greens, breads from the Good Loaf Bakery and Red Hen Baking Co., local eggs, bacon and sausage from Vermont Smoke & Cure, and many other fresh items for your eating pleasure!  Be sure to get out and support your local farming community.

Will the Commercial Real Estate Market Improve in 2012?

Although the commercial real estate market has been relatively flat this year, a more positive trend is expected for the future.  Read more. . .

Ten Tips for Saving Energy in the Kitchen

By: Douglas Trattner

Maintaining your large kitchen appliances is part of a smart home energy efficiency plan.

Refrigerator/freezer

Energy-efficiency experts tell us to focus our efforts on the biggest energy hogs in the house, and that definitely includes the fridge. Because it cycles on and off all day, every day, the refrigerator consumes more electricity than nearly every appliance in the home save for the HVAC systems. The average refrigerator costs about $90 per year to operate, according to the U.S. Department of Energy. The good news is that a few simple adjustments can trim roughly $38 to $45 off those utility bills.

1. Adjust the thermostat. By setting the thermostat colder than it needs to be, you might increase your fridge’s energy consumption by as much as 25% on average. Adjust the refrigerator so that it stays in the 37-40 degrees F range. For the freezer, shoot for between 0-5 degrees F. You could save up to $22 per year. If your model doesn’t display the current temps, invest in two appliance thermometers (one for the fridge, one for the freezer). They cost roughly $3-$20 apiece at online retailers.

2. Clean the coils. As dust accumulates on the condenser coils on the rear or bottom of the fridge, it restricts cool-air flow and forces the unit to work harder and longer than necessary. Every six months, vacuum away the dust that accumulates on the mechanism. Also, check to see that there is at least a 3-inch clearance at the rear of the fridge for proper ventilation. This routine maintenance can trim up to 5% off the unit’s operating cost, says energy savings expert Michael Bluejay, saving you about $4.50 a year.

3. Use an ice tray. Automatic ice makers are a nice convenience, to be sure, but it turns out the mechanisms are energy hogs. An automatic ice maker can increase a refrigerator’s energy consumption by 14% to 20%, according to Energy Star. By switching off the ice maker and using trays, you can save about $12 to $18 off your annual electricity bill. Most units require little more than a lift of the sensor arm to switch them off. To reclaim the space remove the entire unit, a simple DIY job on many models.

4. Unplug the “beer fridge.” Many homes have an extra fridge that runs year round even though it’s used sparingly. Worse, these fridges tend to be older, more inefficient models. By consolidating the contents to the main fridge and unplugging the additional unit, you eliminate the entire operating cost of a fridge. The second-best solution is to make sure the extra fridge remains three-quarters full at all times. The mass helps maintain steady internal temps and lets the fridge recover more quickly after the door is opened and closed, according to the California Energy Commission.

Ovens and ranges

“Green” cooking all comes down to proper time and space management. By using gas and electric stoves more effectively, you can painlessly save a few dollars a year.

5. Cut the power early. As anybody who’s ever bumped a burner on an electric stove can attest, those heating elements stay hot long after they’ve been switched off. Put that residual heat to work by shutting off the burner several minutes before the end of the cook time. The same technique can be applied to the oven. The savings can add up to a couple bucks every month.

6. Match the burner to pan. When a small pan is placed on a big burner you can practically see the money disappearing into thin air. By matching the burner to the pan, electricity won’t be squandered heating the kitchen rather than the food. The reverse is true, too. A small burner will take considerably longer to heat a large pan than would an appropriately sized burner. For gas stoves, don’t let the flames lick the sides of the pot. Follow these tips and watch the utility bills shrink by a few dollars a month.

7. Do away with preheating. You can save about $2 a month by not preheating your oven (20 cents per hour to operate electric oven; eliminate 20 30-minute preheats a month). Many cooks agree that the practice is wholly unnecessary for all but a few recipes, namely baking breads and cakes. This approach may add a few minutes to the overall cooking time, but it eliminates all that wait time on the front end.

Dishwasher

As with washing machines, most of a dishwasher’s energy needs to go to heating the water. Still, says Lane Burt, an energy policy analyst with The Natural Resources Defense Council, a 10-year-old dishwasher can be made nearly as efficient as a newer model simply by knowing when and how to run it. Follow a few simple tips, and you can reduce your annual utility costs by roughly $35-$54.

8. Manage the load. Most dishwashers use the same amount of water and energy whether they’re run full or half-full. You can cut your operating costs by one-third or one-half by running the machine only when it’s full. It costs about $54 to run a pre-2000 model dishwasher per year, based on government data. Proper load management can save up to $27 each year.

9. Activate energy-saving features. A dishwasher’s heated dry cycle can add 15% to 50% to the appliance’s operating cost. Most machines allow the feature to be switched off (or not turned on), which can save $8-$27 per year, assuming an operating cost of $54 annually. If your dishwasher doesn’t have that flexibility, simply turn the appliance off after the final rinse and open the door.

10. Use the machine. Many homeowners believe they can save water and energy by hand washing dishes. The truth is that a dishwasher requires less than one-third the water it would take to do those same dishes in the sink. By running the machine (when full), you can cut down the operating time of the hot water heater, your home’s largest energy hog. Not only will you save a buck per month, you won’t have to do the dishes.

Visit Houselogic.com for more articles like this.  Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS®

 

Residential Home Sales Down 1 Percent in November

After four consecutive months of steady residential sales gains in New Hampshire, November unit sales saw a slight decline compared to the same month a year ago, according to data released this week by the New Hampshire Association of REALTORS (NHAR).

The median price of those homes, meanwhile, decreased by 4 percent in November.

There were 822 homes sold in November 2011, 2.5 percent behind the 843 sold in November 2010. That came following jumps of 29 percent, 14 percent, 13 percent and 14 percent in the four months prior.  Year to date sales for this year, meanwhile, were 1.2 percent above those through the first 11 months of 2010: 9,790 compared to 9,674.

“We would expect to end 2011 a shade ahead of 2010 in terms of the number of residential homes sold,” said NHAR President Tom Riley, a 35-year veteran of the real estate industry and president of Riley Enterprises in Bedford. “This supports our contention that while we are not making huge gains, there seems to be a stabilization underway that we hope speaks to the early stages of a slow recovery, both in the New Hampshire housing market and the broader economy.”

The state’s November residential median price dropped from $202,000 in 2010 to $193,450 in 2011. Year to date, the $203,000 median sale price in 2011 is 6 percent below the $215,000 through November of 2010.

In local markets, November unit sales increased in five of the state’s 10 counties: 30 percent in Cheshire, 15 percent in Carroll, 14 percent in Belknap, 10 percent in Sullivan and 3 percent in Rockingham. New Hampshire’s largest county, Hillsborough, saw just a 0.5 percent November vs. November decline.

Median price fell in all counties other than Rockingham, which saw a dramatic increase in November compared to a year ago: a 52 percent jump, from $159,900 in November 2010 to $242,500 in November 2011.

November 2011 data residential

As for the number of November condominium sales in New Hampshire, there was a slight increase from 2010 (187) to 2011 (189), while the median price of those sales increased 4 percent, from $160,000 to $166,000.

November 2011 data condo

Source:  Dave Cummings, NHAR Director of Communications

HAPPY HOLIDAYS FROM THE BEST TEAM IN TOWN!

May the simple joys of the season fill your home with warmth and good cheer.  Thank you for your referrals.

 

It’s the Most Wonderful Time of the Year!

Many sellers are tempted to take their homes off the market between Thanksgiving and New Year’s.  They feel the market significantly slows down and that they have little chance of selling – so why disrupt their holidays?  While the slowdown may be true to some degree, there are several advantages for keeping a house on the market during this time frame.  First, the buyers that are out looking are serious buyers and are ready to offer on something they like.  In addition, there usually are fewer properties on the market this time of year so the competition is reduced.  Plus the holidays offer a perfect time to dress up a home for prospective buyers.  Sellers looking to sell should seriously consider keeping their home on the market through the holidays – it may turn out to be their most wonderful time of the year!

Visit my website www.donnaforest.com for more tips on selling your home and give me a call!  603-526-4116

 

Can a Rise in Housing Starts and Building Bring New Optimism?

Read what’s happening in an article on Yahoo Finance today. . .

 

New Listing Near Highland Lake

This well-built, 3 bedroom, 2.5 bath cape is only a mile from the beach on Highland Lake in East Andover.  Enjoy your morning coffee outside on your private patio.  2.026 acres and the abutting 5.7 acre lot is also for sale for $40,000.  Offered at $250,000.

Stacey Viandier, Listing Agent