About 3% of U. S. homes have NO phone at all.  About 9% have only landlines and about 48% have both.  Younger folks rely more on cellphones – 2/3 of people in late 20s live in households with only cellphones, while 14% of people 65 and old use only cellphones.  Men are more likely than higher-income folks to have only cellphones.  Landlines are usually kept as have a package of Internet and cable TV package or tied to their security system.  This information from the Centers for Disease Control and Prevention who have keep up with this for 10 years.

238 years + 2 days, a new nation was conceived, different from all others – a nation that could and would capture the imagination of the world for centuries to come … A NATION THAT CAPTURED A DREAM.  Part of that dream is the right to own property, but today it is a challenge with a less than robust economy, lending restrictions and growing concerns in regards to both regulatory and legislative reform.  This is where REALTORS come in, as most are educated to go through these hurdles and get you settled in a home, farm, ranch, land or apartment.  A REALTOR may not serve in uniform, but they serve America and her people in a profound way in assisting in achieving home ownership.  REALTORS feel a sense of duty in promoting and protecting that which our fore fathers 238 years ago envisioned as one of the key elements of this new nation and KEEPING THE DREAM ALIVE!!

(3)  THE PROCESS WILL BE QUICKER.  Lenders are requiring more and more paperwork before approving a loan.  Selling now will make the process quicker and easier.  (4)  THERE WILL NEVER BE A BETTER TIME TO MOVE-UP.  Do it now as from 2014-2018 prices are projected to appreciate by over 19%.  It will wind-up costing you more in both down payment and mortgage payment if you wait.  You can now lock-in your 30 year mortgage payment with an interest rate in the low 4’s, but over 5% by next year.  (5)  IT’S TIME MOVE ON WITH YOUR LIFE.  Is it worth waiting Or to move on with your family, your health and having the freedom to start living the life you desire?   THIS IS WHAT IS TRULY IMPORTANT!

(1) DEMAND IS STRONG.  Many buyers pushed their looking to spring/summer as earlier the weather is often bad.  These buyers are ready, willing and able to buy and are out there now!!  (2)  THERE IS LESS COMPETITION NOW.  In many areas inventory is low and helpful when more homes come on the market.  Since some sellers could not sell for the past few years as a negative equity situation.  With prices moving up, now can put on market.  Also NEW construction is on the increase and a Harris Poll revealed 4l% of buyers would prefer a new home while only 21% an existing home and 38% have no preference.  CONTINUED IN A FEW DAYS.

It presently seems the paperwork is endless to get a loan to buy a house.  Two reasons:  (1)  government has set new guidelines to be sure the buyer can repay the loan BEYOND ANY DOUBT.  Many folks lost their homes as did not qualify for loans.  (2)  Banks do not want to be in the real estate business.  Over the past 7 years banks have had to “eat” lots of loans from borrowers who turned their homes back to the lender.  Just be thankful that we can buy a house at HISTORICALLY LOW RATES, even with more paperwork!!

388 homes sold in May compared to 326 in May 2013 according to the Greater Tyler Association of Realtors.  Also a 19.75% increase from prior month.  Homes in the $135,000 to $200,000 price range in and south of Loop 323  are usually selling quickly.  Average price of SOLDS is $149,650 up from $145,000 the month before.  With interest rates still LOW and loans a bit easier to obtain, folks are buying for the 1st time or moving up.  According to builders folks are moving up and building a home.  Rental properties are also moving quickly.  Spring is always a good time to sell and buy and this one is particularly good!

The reform envisions repricing some subsidized premiums but, because of the long history of subsidies and grandfathering, insuring agencies don’t have the information needed to adjust premiums with re-evaluating each individual property.  To legislate Congress passed the Flood Insurance Affordability Act which delays premium increased for 4   years or 6 months after FEMA proposed policy changed & regulations to address affordability issues.  The National Flood Insurance Program is $24 billion in debt in large part to subsidize premiums for some.  Watch as Congress works with this in years to come!

but what does it mean?  In a new video from the TX A&M Real Estate Center is a 20 minutes video by an expert on the oil/gas extraction method.  Go to

www.recenter.tamu.edu/video

and you taken to this center and listen to the video.  Helpful

(1)  older, mixed-use neighborhoods are more valuable.  (2)  young & talented people love old buildings.  (3) nightlife is more vibrant on streets.  (4)  more cultural outlets.  (5)  older business districts offer greater opportunities for entrepreneurship, including women & minorities.  (6)  older, smaller buildings support the local economy with more non-chain, locally owned businesses.  (7)  older businesses have more businesses per commercial square footage.  There can be a fixture of old and new also.  Interesting for folks in cities, but also SMALL CITIES like Tyler and that is happening in TYLER, TX.

There is a growing passion for a smaller footprint.  Homeowners are interested in keeping their mortgage lower + utilities and maintenance, to have more money to travel, etc.  Gives you freedom to explore the world.  Typical American Home is about 2,600 sq ft, while the typical tiny home is 100-400 sf.  One bathroom for entire family, but we used to do that!  No dishwasher!  To get to the loft use a ladder.  Stack washer & dryer.  NO king-size mattress.  Storage is tricky.  All of this from Kim Lewis in BSCENE magazine.  Because the house is tiny, forces you to spend more time outdoors and visit with neighbors.  Try the website on your computer      www.thetinylife.com