"Ken is an outstanding realtor. As a first time home buyer, I asked a lot of
questions and at times the same question over and over. He was extremely patient
and willing to spend the time so that I fully understood the process. This is a
family owned business and you become a part of that family immediately. Ken is a
lifelong resident of Waltham. His knowledge of the town and it's history is
invaluable. I highly recommend Ken for all of your reality needs." Mindy M., Waltham, MA
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February 2012
2012 WALTHAM REPORT IS NOW READY TO VIEW!
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New Property listing in Waltham for the week of February 13, 2012
On Monday night November 14, 2011, the City Council agreed to adopt the New building code know as the "Stretch Code". This code will require all new construction of residential, commercial buildings after July 1, 2012 to be 20% more efficient in conserving energy.
This new building code will effect costs of construction overall. In the article it says the code will add about $3,000 to the cost of construction of a residential home.In Realty, I was told it will be more like 20% of an increase in building costs. Yes this will be more expensive but, as energy costs keep rising we have to look for better ways to save and better alternative ways to create energy in the home.
It wouldn't surprise me to see homes built with these tighter building codes holding a better resale value in the future than older homes. If this becomes true then the initial higher cost of construction is well worth it. Today more and more people are looking to conserve and save and energy and want to embrace being "GREEN". It is the hip new thing and people pay will for it.
This is only the beginning for these sorts of building codes.
Here is the link to the news story reported by Waltham-Patch
Tags:
Waltham , Building codes , City coucil , Moody St , homes , houses
Comments: 0
Why rent when you can own. ! I can tell you first hand, you definably want to own! here are 10 great reasons why!
1. You own it: With no landlord, you make the decisions.
2. You deduct it: Mortgage interest, property taxes and some costs involved
with buying a home can be deducted from federal income taxes.
3. Interest rates: The cost to borrow mortgage money is at an all-time low. If you’re
going to buy, this is the time to jump into the market.
4. You invest in it: Rent money is gone forever. Mortgage payments build home
equity ownership interests.
5. You save for the future: Home equity is a ready-made savings plan. Sell it
and you can make up to $250,000 cash without owing any federal income tax on
the profit.
6. You can predict expenses: Unlike rent, a fixed-mortgage payment
doesn’t get more expensive over time.
7. You pick it: Choose from different neighborhoods, styles and price ranges.
8. You create it: Decorate, renovate, get a pet or paint the walls whatever
color you want – it belongs to you.
9. You live in a neighborhood: You and your neighbors take pride in the local
schools, roads and more – and you work together to build a friendly community.
10. You spend money on yourself: When you buy a chandelier or hardwood floor or
kitchen cabinet, you’re spending hard-earned money on yourself and building
your equity at the same time.
Tags:
Walthm Top Ten , to own , not Rent , homes
Comments: 0
Kenneth Brown, Executive Broker ERA Kirsch Real Estate
550 Moody St • Waltham, MA 02453 Direct: 781-250-0126 • Cell: 781-844-7656 Fax: 781-250-0160 kenneth.brown@erakirsch.com
