Posts Tagged ‘home buyers’

Monday, April 25th, 2011

Ann Arbor Real Estate Series – New Homes Get Rated on Energy Use

New Homes Energy Use RatingsMore new homes now will come with energy labels that estimate monthly energy bills, allowing buyers a different way of shopping for homes. The energy labels have been compared to the miles-per-gallon ratings available for cars, which give insight into a car’s fuel efficiency. Likewise, more builders now will give new-home buyers greater insight into how much the home will cost them in utilities–so they have a better gauge to judge the upkeep costs of a home.

Environmental efficiency has become an increasingly important factor in home buying decisions due to rising energy costs. Energy efficient appliances and energy efficient lighting were “very” or “somewhat” important to a majority of home buyers, and heating and cooling costs were at least “somewhat” important to 88 percent of buyers, according to the 2009 Profile of Home Buyers and Sellers by the National Association of REALTORS®.

PulteGroup Inc. and Residential Energy Services Network also have teamed up to roll out energy efficiency labels on PulteGroup homes this year. The homes will be tested using the RESNET Home Energy Rating System Index, a measure of energy performance that is recognized by government agencies.

“Providing clear, visible energy ratings for homes makes sense for today’s energy-conscious consumers who want to save on their utility bills and reduce their carbon footprint,” says Steve Baden, executive director, RESNET. “Marketing the energy efficiency of homes is a winning proposition for home buyers, builders, and the environment.”

While these labels apply to new homes, the USA Today recently reported that the U.S. Department of Energy is developing a home energy score for existing homes, which it plans to launch nationally this fall.

By Melissa Dittmann Tracey, REALTOR® Magazine

As always, we here at Prudential Snyder & Company Realtors are here to assist you with any of your Ann Arbor home buying, home selling, rental or other Ann Arbor area real estate needs.  We cover Chelsea Homes, Dexter Homes, Ypsilanti Homes, Saline Homes, and the entire Washtenaw County area as well as Western Wayne County, and parts of Livingston, Lenawee, Oakland, and Monroe Counties.

Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!

 
Wednesday, March 16th, 2011

ANN ARBOR AREA REAL ESTATE SERIES-KNOW THE NUMBERS

ANN ARBOR AREA REAL ESTATE SERIES-KNOW THE NUMBERS

2010 Home Buyers and Sellers: First Time vs. Repeat Buyers

• 50% first-time buyers

• 50% repeat buyers

• 30 median age of first-time buyers

• 49 median age of repeat buyers

Actions taken as result of an Internet home search:

• 45% walked through a home viewed online

• 29% found an agent used to search/buy home

• 21% drove by/viewed a home

In 2010, For Sale By Owners (FSBO) accounted for 9% of home sales. The typical FSBO home sold for $140,000 compared to $199,300 for agent-assisted home sales.

According to the 2010 National Association of REALTORS® Profile of home buyers and sellers.

Happy Saint Patrick's Day Ann ArborLUCKY IRISH STATS

34.5 million: Number of U.S. residents who claim Irish ancestry. This number is almost nine times the population of Ireland itself (4.1 million).

9: Number of places in the U.S. that share the name of Ireland’s capital, Dublin.

128,000: Number of U.S. residents born in Ireland. (excluding people living in group quarters.)

Source: American FactFinder

Have a Safe & Happy Saint Patrick’s Day from all of your friends at Prudential Snyder & Company Realtors!

 
Tuesday, July 27th, 2010

Ann Arbor Real Estate Series – Part 1

Ann Arbor Condos, part of Ann Arbor Homes

Photo: Nick Bastian

We’ve talked a lot about Ann Arbor Real Estate, the short sale and foreclosure market, and the changing housing market.   The internet gives us a plethora of information on Ann Arbor homes for sale, but often the jargon used by Realtors goes undefined.  With that thought in mind, I’m going to run a new series to help home buyers and home sellers decifer the details shared in our marketing pieces and listings.

Let’s start with the basics today:  What is a condo?

  • If you own a condo, you do not own the land surrounding your living space.
  • A condo owner owns only the unit itself, which is taxed as an individual entity, and sometimes a percentage of the common areas of the community.
  • Condo communities may provide such shared facilities as a pool, gym, tennis courts and clubhouse, all maintained by the condo association, which takes care of all day-to-day management tasks. This is one of the key advantages of condo living — all of the joy of using the amenities, none of the hassles of maintaining them.
  • Condominium owners pay a monthly fee to the condo association, which also sets the rules for the community.

There are well over 100 condo communities in Ann Arbor alone. Each development is centered around the unique needs of its owners and has a distinctive set of accommodations and special features that make it exceptional.

If you’re interested in learning more or have any comments or suggestions, please let us know.   In the next blog, we’ll take a look at the different types of single family homes available in the Greater Ann Arbor Area.

As always, we here at Prudential Snyder & Company Realtors are here to assist you with any of your Ann Arbor Area home buying, home selling, rental or other Ann Arbor real estate needs.

Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime. Choose Prudential Snyder and Company for the best Ann Arbor Realtors!