Posts Tagged ‘Home’

California median home price increases, sales decrease in July

C.A.R. reported Tuesday that the median home price of existing, single-family homes in California rose 10.4 percent in July compared with the year prior and home sales declined 20.8 percent. 

Closed escrow sales of existing, single-family detached homes in California totaled 440,370 in July at a seasonally adjusted annualized rate, according to information collected by C.A.R. from more than 90 local REALTOR® associations statewide.  The statewide sales figure represents what the total number of homes sold during 2010 would be if sales maintained the July pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

The year-over-year statewide median home price posted its ninth consecutive gain and seventh consecutive double-digit gain in July.  The median price of an existing, single-family detached home in California during July 2010 was $314,850, up 0.9 percent compared with June’s $311,950 median price.

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Consumers Want Digitally Tricked-Out Kitchens

 

A new study reveals home owners want their kitchen, not the home office or the game room, to be the digital nerve center of the home, as well as a social hub.

The finding was discovered after the Internet Home Alliance commissioned research and consulting firm Zanthus to determine how home owners wanted to customize their kitchens.

The pollster put a host of questions to 602 home owners responsible for making household purchasing decisions about kitchen appliances and consumer electronics and the answers surprised the alliance.

“While we expected to learn that the kitchen continues to serve as the hub of the home, we were surprised to find that bigger kitchens aren’t necessarily a priority for most U.S. homeowners,” said Tim Woods, vice president of the alliance.

“For example, we thought that a desk or workstation would be a popular addition but, in fact, most homeowners told us that a computer on a counter worked just as well. Eighty-two percent of our respondents told us that they had no interest in creating a separate space to do work assignments in the kitchen, though they did suggest that a more innovative kitchen design that freed up counter space would be useful,” he said.

The alliance is a consortium of Continental Automated Buildings Association members (including Hewlett Packard, Intel, Microsoft and the National Association of Home Builders) who comprise a network of companies engaged in advancing the connected home space. It will release the full study during the 2007 Kitchen/Bath Industry Show & Conference (KBIS) in Las Vegas, May 7-10, where the alliance will display an “Ideal Digital Kitchen” model created based on the survey results.

Preliminary findings reveal the ideal digital kitchen includes:

  • A digital calendar. The primary kitchen user, typically is also the primary schedule keeper and preferred a digital calendar over 22 other concepts. The calendar should be on a large screen used to add appointments and post notes all household members can access in the kitchen or remotely via the Internet. 
  • A recipe projection system. Lose those food-stained recipe cards and books. Eighty percent of those surveyed want some sort of wireless, voice-activated recipe projection system that would display recipes onto a kitchen surface. 
  • An energy monitor and control. Home owners want to monitor energy consumption by room and appliance to chart peak energy usage times, to diagnose areas of wasted energy, and to calculate energy costs. 
  • A home control station. Perhaps the appointment screen could also double as a monitor for the HVAC and security systems. Home owners requested a screen where they can view the temperature inside and outside of their home, adjust the thermostat on a touch pad and view live video of both the front and back of their house. 
  • A universal charging station. What better place than the social kitchen to juice up cell phones, personal digital assistants, iPods and the like. One-third of households reported that they currently keep their cell phones on the kitchen counter and one-half said they keep their phone chargers there as well. 
  • Wireless Internet access. Twenty-nine percent of all homeowners and 43 percent of those remodeling their homes want the Internet served up in the kitchen for Web surfing and email but not for offline applications.The survey also revealed what could be a changing trend in how the kitchen is used.
  • The kitchen is a control center, more than an entertainment center. The vast majority of home owners, 85 percent, said they don’t see themselves watching videos or movies in the kitchen.”That’s likely because those are activities that need time and attention, two things in short supply when making dinner,” the alliance reported.

    Likewise, video games have no place in the kitchen for 93 percent of those polled. Most say just stick to a television and wireless broadband.

  • Most parents, 59 percent, would rather kids not do home work in the kitchen. However, 48 percent said their kids do crack the books while the household chef is cracking eggs.Likewise, 69 percent would prefer their kids not do arts and crafts in the kitchen, while 43 percent allow their kids to get creative on paper in the kitchen.

    Written by Broderick Perkins

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    Moving Up? What You Need to Consider to Accommodate Your Growing Family

     

    One of the most common reasons to buy a home is to accommodate your growing family. Perhaps you want to live in a neighborhood with better schools and more services, or maybe you need a bigger house as the two of you turns into three and then four.

    In fact, in a recent study by the National Association of Home Builders, some 64 percent of respondents agreed with the statement: “I wish my home were larger.” The other two top concerns are price and finding the right neighborhood.

    If you have a young family and are ready to make the jump from your entry level home, or if you’ve been renting and are embarking on the purchase of your first house, you’ll want to consider the following during your house-hunting ventures:

  • Neighborhood. As you examine a specific neighborhood, ask yourself if this is a neighborhood in which you’d feel comfortable. Although your kids are toddlers now, in just a few short years they’ll be outside riding their bikes and playing with the neighborhood children. Buying in a good neighborhood also helps ensure your property values. 
  • Schools. Again, if you have a baby or toddler now, kindergarten will be here before you know it. Visit the neighborhood schools, talk to the principal, teachers, and other parents in the neighborhood. Ask to see standardized test scores. Your real estate agent can usually provide you with additional information about schools in the area. 
  • Crime. While a neighborhood may look safe, it could be riddled with incidents of burglary or vandalism. Check with the local law enforcement agency to see if the neighborhood you are eyeing has any specific chronic crime problems. 
  • Bedroom space. If you’re planning on more children, you’ll want to consider how many bedrooms you’ll need. Will the children share rooms or have their own? 
  • Play area. If you have young children, you’ll want to factor in where the kids will play. Sometimes storing the bulk of the toys in the child’s room works, but in some instances, like if the child’s room is upstairs, it’s difficult to supervise. In that case, you’ll want to consider whether the house is configured to provide the space they need to play and move about. 
  • Homework and study areas. As your children reach school age and need more time and space for homework, you’ll need to consider whether there’s space in their bedroom, in the kitchen area, or in another nook or niche, prevalent in many newer homes. 
  • Computer use. Perhaps you already have a home office, complete with a computer set-up. The time may – or more likely, will – come when your child needs a computer for homework and research. This may require a second computer, and the required space for a second system. This will especially be true if one of the parents works at home and frequently uses the computer. 
  • Family room. Your youngest is only 7, but by the time your three sons reach their adolescent and teen years, will the family room be as comfortable as it is now? Don’t forget that friends will be stopping by frequently. A house with a finished basement or gameroom is ideal for older kids. 
  • Bathrooms. Your kids may not spend much time in the bathroom now, but that will change in the years ahead. Make sure you consider how the number of bathrooms, and the extent of vanity areas will work for your family. A bathroom with two sinks and a long countertop are ideal for two siblings to get ready for school in the morning. 
  • Pool. Does the house you’re eyeing have a pool? It will be great for your family. But be sure you put a fence around the perimeter.While some of these factors may be out of your control because of budget constraints and housing availability, you’ll want to come up with a priority list and determine which factors and characteristics are most important to your growing family.

    Written by Michele Dawson

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