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Is Now the Time for you to Go Solar Home?

by Tom Stachler,ABR,CDPE - Group One Realty Team

Solar Tax Credit Extended

Lost in all the talk of dropping oil prices and rising interest rates is news that is expected to transform the solar world, and the homes (and bank balances) of those who have (or want) solar energy. A federal tax credit that was set to expire at the end of this year was instead just extended for five more years.

"In a surprise move, recently U.S. lawmakers agreed to extend tax credits for solar and wind for another five years," said Bloomberg News. "This will give an unprecedented boost to the industry and change the course of deployment in the U.S."

The extension means "a 30% federal tax credit offered by the EPA and Department of Energy to encourage Americans to use solar power" for the next five years," said The Simple Dollar. "If you install Energy Star-approved solar power systems, the credit allows you to claim 30% of the cost as a tax credit for the year you installed it. That amount is taken directly off your tax payment, rather than as a deduction from your taxable income."

The increase in installed solar because of the extension is expected to be substantial.

"Solar will more than triple in size from just more than 24 GW of total capacity to nearly 100 GW by 2020. By that point, there will be enough solar installed to power 20 million American homes," said Ecowatch. "This seemingly routine legislation is historic because it brings the solar industry to the forefront of the conversation about American energy."

Capitalizing on trends

Bloomberg calls this "exactly the sort of bridge the industry needed" to continue absorption trends. With costs continuing down while usage works its way up, it's important to capitalize.

"The costs of installing wind and solar power have dropped precipitously—by more than 90 percent since the original tax credits took effect—but in most places coal and natural gas are still cheaper than unsubsidized renewables," they said. "By the time the new tax credit expires, solar and wind will be the cheapest forms of new electricity in many states across the U.S. The scale of these new projects will help push costs down further and will stimulate new investment that lasts beyond the extension of the credits."

Making solar affordable

Affordability—or lack thereof—has long been a knock on solar, discouraging many from exploring options to traditional energy. The cost of a solar panel can range anywhere from $650 to $900 per panel, according to Todd Davidson, from Clean Energy Collective. Incentives make them more affordable, but that's not the only financial advantage.

"Incentives play a big part. But even without incentives there is ROI, or return on investment," said green-energy consultant Steve Pope on The Simple Dollar. Not to mention the cost savings associated with lower electric bills and the potential for building equity in your Home.

"From what we've seen about homes that go green, installing these assets increases the value of a house by 13%," said Pope. "It does make a difference when you're trying to sell a home. When you're adding solar power you're adding long-term value to your home."

Solar Options

Those who want to add solar panels to their home or incorporate them into a newly built home have options other than Buying them outright.

Power purchase agreement (PPA) - A PPA is a contract in which you pay only for your solar power. Because ownership of the system remains with the solar company, you don't pay for the equipment or installation.

Solar leasing - Lease your system instead of buy, just like you'd do with a car. Low and no-down payment options are available.

Low-interest loans - At a number of different solar companies, you can take out a low-interest loan for your solar system and make payments according to your solar production.

Is solar energy on your radar? Which options might you consider? Let us know in the comments.

 

tom stachler, real estate, one, michigan, homes, houses, condos, for sale, lease, broker, builder, solar, power, options. 

Real Estate Home Valuation Tool Information for Ann Arbor and Surrounding Communities

by Tom Stachler,ABR,CDPE - Group One Realty Team

Looking for the Value of your Home in Michigan?

Try this Michigan Real Estate Home valuation tool to get a more accurate idea of your homes current worth that has proven to be more accurate than Zillow's Zestimate feature for instance for the tax assessor SEV or taxable value information. 

Go to www.My Price.guru to view it for yourself and if you put in your contact information, the service will send you quarterly valuation reports as well if you want.  Of course the most accurate way of getting a market report would be to drop us an email and we could provide you with a report with comps and even tweak it further with a visit to your home.  

Let us know if you have any questions or are looking to transition into another home or condo.  Just go to www.RealtyQuest.info for more information and to get the process started.  

 

 

 

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Want a Backyard Farm in Ann Arbor or Saline Michigan ?

by Tom Stachler,ABR,CDPE - Group One Realty Team

The Rise of the Backyard Farm

As a national speaker and edible landscaping expert, Rosalind Creasy has seen a sea change in how the public views growing food and tending to food-producing fauna in their yards. She says that, just as a segment of society has traded in the allure of the huge, gas-guzzling Cadillac for sleeker, more efficient cars, so too have we redefined the concept of a desirable outdoor space. “It used to be that having a big lawn and lots of shrubs was a status symbol, showing you have so much land and so many servants and so much money you didn’t have to use your land to just grow food,” Creasy says. “But now edibles have cachet. They are in. They’re sustainable. They’re healthy. Wealthy, educated people in particular are aware that this is the new status symbol.”

A Buzz in the Air

It’s not just gardens that are creating buzz. There’s no doubt in the mind of American Beekeeping Federation President Tim Tucker that the backyard beehive trend is going mainstream. “The number of beekeepers of one to five hives is growing by leaps and bounds,” he says. Part of this is fueled by the shock over the problem of colony collapse disorder, a mysterious event where entire colonies of bees perish. “People do want to help,” he says. However, Tucker says he also sees a growing interest from older Home owners, some of whom are having trouble finding wild bees for fruit trees and other plants that rely on pollination. “There’s also this movement of the baby boom generation toward more sustainable practices. They see it as a hobby that will help their garden.”

Chicago home owner Jean Bryan says she’s excited about the uptick in people interested in agriculture in her Rogers Park neighborhood. “This neighborhood is very chicken-heavy,” she says with a smile. “There’s a real tipping point in terms of our awareness of healthy food and the need for having food closer at hand.”

With the increasing interest in local food production, Bryan knows her yard—at 50 by 170 feet, it’s larger than the average Chicago lot—is enviable for city dwellers. She has room for a coop that offers protection and a “chicken run” that allows her seven hens outdoor space to scratch and forage. “There’s an increasing interest in home production of food—chickens are a subset of that—and the size of our yard would be very attractive to someone who was into that.”

The yard also offers a head start for gardeners that’s been decades in the making. “Besides the size of the yard, which would be a big selling point, we already have a raised-bed garden that was started by the original owners of the house,” Bryan says. “That part of the yard has been a garden for decades, and its soil has been built up significantly.”

Bryan says she and her husband are not looking to sell right now, but that having a real estate pro who understands the market for their home would be important. She says she thinks today’s chicken coop is yesterday’s solar panel. While a few years ago, agents might have recommended terminating a solar panel Lease at a home before putting it on the market, “I really think they’re becoming something of value.”

Josh Friberg, green, a realty sales associate in Portland, Ore., says it’s simple to change your thinking about the needs of this subset of buyers. “It takes a different kind of property for a Yorkie versus a Great Dane,” he says. “It really only takes a small shift in mindset to consider what’s going to be appropriate for chickens.”

3rdphoto

Knowing the Rules

Governments are beginning to see benefits to localizing food production. More than a dozen states have recently enacted legislation promoting small-scale agriculture, and a smaller number, including Hawaii, Louisiana, North Carolina, and Oklahoma, have looked into or introduced incentives to encourage people to pursue backyard food production on residential property, according to the National Conference of State Legislatures.

Where municipalities and agencies do restrict or monitor agricultural activity on residential land, they are rarely out to squelch those practices with regulations, which are often created to protect home owners. Tucker says part of the reason it’s hard for his organization to get reliable numbers about the beekeeper population in the U.S. is because many residents with just a few hives try to avoid state monitoring programs. “Unfortunately it’s going to get more involved and there are going to be more requirements for beekeepers,” he says. However, he notes this will make for healthier bees, as agricultural agencies track disease and ensure that pesticide companies are aware of any no-spray zones in residential areas.

Other restrictions are based on so-called “nuisance laws,” which attempt to keep neighborhoods harmonious. Friberg says the complaint-based system in Portland is governed by this principle. He needed a permit for his backyard farm, which is home to goats, turkeys, chickens, honeybees, and a massive vegetable garden (the city allows residents to have up to three livestock animals without a permit). However, he says the permitting process is easy if you have a good relationship with your neighbors. Even visits from county disease control officials center on how comfortable nearby people are with his activities. “They mostly want to know what your relationships are with neighbors,” he says. “Also, I make homemade beer and a lot of that does go over the fence. All of a sudden you’ve got really happy neighbors!”

You might counsel buyers interested in residential food production to reach out to potential neighbors before committing to a new home. “It’s always a good idea to know your neighbors,” Tucker says. He adds that because bees need access to water, even a nearby bird bath can draw their attention. If a potential neighbor has both an outdoor swimming pool and a severe bee allergy, it might not be the best fit. (Another tip from Tucker for mobile beekeepers: Don’t pick a place that’s too close to the previous hive. “If you only move [the bees] a quarter of a mile, they’re going to go back to their old site.”)

But in the early stages of helping buyers, it’s important to know the local laws. When Sarah Snodgrass, a agent in Kansas City, Mo., was looking into the possibility of starting a coop in her backyard, she found the overlapping regulations incredibly confusing. “Before I got chickens I thought, ‘Well, am I allowed? What’s the deal?'” she remembers. A home may be in a city where a coop is acceptable but “you might be in a subdivision that doesn’t allow chickens.”

Cities might mandate minimum space requirements around coops or restrict the number of chickens home owners may legally have, and some prohibit rooster ownership altogether. Additional restrictions may exist on a smaller scale, through home owner associations. To make the situation clearer, Snodgrass put together a chart on her blog, which she updates as changes occur. Not only does she reference it often in her own business, she says clients and real estate pros often come to her for advice on urban farming. “They think I will understand them and be able to help them better than anyone else,” Snodgrass says.

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Marketing Your Expertise

Snodgrass is currently working with buyers looking to start up a backyard chicken coop. But it’s not just her blog that helps her connect with this community. She’s currently working toward becoming a master gardener, taking classes through the University of Missouri’s extension program and volunteering in the community. She says agents who want to follow her lead should gather expertise in what they’re passionate about. “Be yourself. You have so many ways to connect—from local activities to online outreach via social media. Get out there, be professional, but, most important, be authentic,” Snodgrass says. “Buyers and sellers want to work with a real estate pro who will understand them.”

Friberg says his agricultural expertise has led to several referrals. He holds his annual client appreciation event at a pumpkin patch, mentions how the livestock are doing in his newsletter, and can be seen taking his goats for leashed walks around the community. “This is who I am, and people know that,” Friberg says. “I just got an e-mail from a former neighbor who said, ‘I really want to have the lifestyle that you and your wife have, and I think you could help me with that.'”

So what happens when a seller with a coop, beehive, or massive garden is ready to sell? Bryan suggests agents ask chicken coop owners whether they plan to take the coop with them. Creasy says conversations with sellers can also inform your marketing plan: “Ask them what are the things in their yard that make them happy,” she says. “If they say, ‘I’ve grown $700 worth of food out of this box,’ don’t you think that’s worth mentioning to buyers?”

Creasy also recommends using the fruits of edible landscaping in staging, perhaps gathering a few sun-ripened tomatoes from the garden and arranging them in a rustic basket. She’s helped several clients get their yards ready to sell and says anything from a mini-orchard to a tidy herb garden off the kitchen can help. “Plants like thyme are so easy; they don’t ask for anything,” Creasy says. “I call them edible plants with training wheels.” But you may need several months’ lead time to make sure all the plantings are ready. “It’s different with landscaping,” she says. “You can’t walk in and set up a few decorative pillows and take down the pictures.”

Friberg suggests ensuring farming structures are in good shape. He remembers working with one seller whose chicken coop was in disrepair. “We had to spend time mucking out the coop to really make it look nice. We were also prepared to remove it [if buyers insisted],” he says. “The goal was making it look as pleasing as possible.” Friberg helps widen the appeal of chicken runs by suggesting alternative uses in his listing notes, such as repurposing them for dogs or gardening. “It’s all about recognizing that there are multiple functions for these items,” he says. “I make sure this is part of the conversation.”

Creasy says the industry will benefit from understanding the growing mini-farm movement: “Real estate agents should get to know more about food, because the public is integrating food into their whole lifestyle.” And we’ve all got to eat.

 

If you are looking for a property with a bit more lot space for you to plant your own backyard garden, call, text or email. I can help!

 

Tom Stachler, Real Estate One, Ann Arbor, Michigan, farming, backyard, goats, chickens, coop, crops, raising, bee's, hives, agriculture

Ann Arbor Real Estate Market in the Top 3 in the Nation

by Tom Stachler,ABR,CDPE - Group One Realty Team

 

3 Michigan cities rank among nation's hottest housing markets

 
houses
Lansing, Detroit and Ann Arbor are among the three hottest real estate markets nationally. A Lansing neighborhood is pictured. 
 
 
 
 
Reddit
 
 

The local multi-list (MLS) Realtor associations gather data from searches on its housing website.  In March the organization measured the number of listing views as compared to the number of listings for the 200 largest housing markets in the country to come up with a list of the "hottest" markets.

Michigan cities fared well:  Ann Arbor came in third nationally, Detroit came in at position #10 and Lansing came in 20th. Among states, California and Texas claimed as many top markets.  Detroit, Ann Arbor and Lansing are among the most popular cities for real estate, according to data from the National Association of Realtors.

Here's the full list:

  1. Waco, TX
  2. New Orleans, LA
  3. Ann Arbor, MI
  4. Denver, CO
  5. Santa Rosa, CA
  6. Fort Wayne, IN
  7. Vallejo, CA
  8. San Diego, CA
  9. Columbus, OH
  10. Detroit, MI
  11. Manchester, NH
  12. Boston, MA
  13. Austin, TX
  14. Boulder, CO
  15. Springfield, IL
  16. Charleston, WV
  17. Pittsburgh, PA
  18. Tampa, FL
  19. College Station, TX
  20. Lansing, MI

The site lists 700 homes for sale in the Ann Arbor area, 2,106 in Detroit and 1,077 for sale in Lansing.

Traffic on the association website was high in March, with the website's most unique visitors ever. Home sales tend to pick up in the spring, according to the association.

"We are now firmly in the time of the year when peak demand and peak inventory levels typically occur, through spring and early summer," said Jonathan Smoke, chief economist at the National Association of Realtors, said on the site's blog. "Buyers should expect substantial competition, especially in the hotter markets, and for affordably priced homes within most markets."  Websites like www.shelterquest1.com will help provide buyers with a jump on the market so they see listings before other competing buyers.  

 

ann arbor area real estate, for sale, property, homes, houses, real, estate, tom, stachler, thomas, market, services, broker, saline, michigan, MI, properties, agent, realty

1842 Judd Rd., Saline, MI 48176

by Tom Stachler,ABR,CDPE - Group One Realty Team

Low York Township Taxes in Saline School District

Bright and cheerful 4BR/3Bath Home sitting atop a hill and backing to one of Saline's most popular subdivisions, York Woods.  Providing plenty of finished living space on two levels including a bright kitchen featuring SS appliances, corian counters and two natural sunlit ceiling sky port skylights.  Additionally you will enjoy the two fireplaces, high efficiency furnace, Pella windows, updated carpet and high ceilings, 

Outside you will appreciate the two small outbuildings for extra storage, a deck to relax on while underneath your own electric Carefree Awning while looking over almost 2 acres professionally landscaped.  

Click the 4 arrows in the bottom right corner of Video Frame for larger image

Click here for more information on this listings, photos and spec's.  

 

 

tom, stachler, thomas, 1842 Judd, Saline, MI, for sale, property, home, houses, real estate, schools

2015 Ann Arbor and Saline Real Estate Market Update

by Tom Stachler,ABR,CDPE - Group One Realty Team

FHA Making Homeownership More Accessible and Sustainable?

FHA is reducing annual FHA mortgage insurance premiums by 0.5 percentage points from 1.35 percent to 0.85 percent. This reduction in premiums will produce an average savings of $900 annually for all new FHA borrowers.

More than 800,000 FHA borrowers are projected to take advantage of these lower rates in the first year, saving millions of dollars in total.

Lowered premiums will create opportunities for 250,000 new homeowners to purchase a Home over the next three years. In recent years, many aspiring homeowners have been waiting on the sidelines before Buying a new home. By making mortgages more affordable and helping create further confidence among those wanting to buy a home, the FHA premium reduction will help hundreds of thousands of additional families own a home for the first time.

The new home buying activity and benefits of the cost savings to borrowers will help further strengthen the housing market. An increase in first-time homebuyers and more affordable mortgages will help spur more residential construction and help create new jobs in the housing sector.  FHA will also be starting a automated program for lender underwriters to check appraisers pricing with assigned comps or recent home sale prices to loans.  Appraisers feel this is ridiculous and may create another 7-10 days to the appraisal process.  Look for more on this as the program rolls out.  

Each Year the Market moves Closer to a Sellers Market as Inventory Challenges Arise

There were no dramatic changes for the housing market in November and the first part of December. The median sale price increases in the last 90 days have been modest at under 2%, however the real value increase has been closer to 4%. The difference being that with a slowing upper price market, median values will tend to be lower than the true appreciation rate. The Month's Supply of Inventory (MSI) has been declining, with a small jump in November, a sign that although inventories are rising, demand is still strong. Sold properties have been rising through the fall season, but slowing in November compared to last year. Some of that decline might be weather-related and the fact there was one less business day in November this year. The slower sold pace does reinforce our feeling that the market is settling down to a more normal pace, especially in the over $500,000 segments. With buyers spread out among more listings, many sellers will feel that the market is slower than it really is. 

These charts from the National Association of Realtors focus on some of the underlying economic trends that should translate into a multi-year real estate recovery.

 

Household Net Worth at All-Time High 

 

Most people do not realize how far household net worth has risen from the bottom of the recession, and that it has exceeded the prior 2007 peak. The stock market jump has certainly helped move the numbers up, but the majority of the yellow bars are made up of home equities. Higher household net worth translates into higher consumer confidence and increased consumer spending.

 

GDP Growth = Job Creations (8 million lost, 10 million gained)

Going hand-in-hand with increased household net worth is the increase in total jobs, again exceeding the peak year of 2007. The jobs added during this recovery are more service-based and do not have the same buying power as those in the past, but with so many dual income families, the combined incomes create buying power for housing. Michigan as a whole may lag compared to the national averages in these two areas, but Washtenaw should actually exceed the national averages.

 

Young Adult Homeownership Rate (under 35 years old)

The young adult homeownership rate is one of the biggest challenges for housing growth. With tough lending standards, slow job growth and high student loan debt, young adults have a hard time getting financed. As lending standards move back to more reasonable levels, some of that first time home buyer pent-up demand will be released, moving that ownership percentage closer to 40%.

 

Homeowner households have not grown since 2006, but are primed to grow.

This chart clearly illustrates the effect of the housing bubble. After 20 years of growth in the number of homeowners in the U.S., we have been at a standstill for the last six years. Most economists expect the homeownership numbers to resume their growth, but probably at a slower pace than in the past. Much of that future growth is in former homeowners, who were forced to Rent, and hope to buy again the first chance they get.

 

National Housing Forecast

Overall, we are carrying an improved listing inventory, good economic momentum and some evidence that there is still some pent-up demand out there along with the prospects of continued affordable interest rates. The skies look good going into 2015 for stable and steady growth in the Washtenaw real estate market.

 

Please keep me in mind for any of your real estate needs. I am happy to assist you.

 

 

 

tom stachler is a real estate broker working and living in the ann arbor and saline michigan markets.  check with him when looking for ann arbor homes for sale or saline michigan homes for sale as well.  

ann arbor and saline real estate market update for january 2015

Happy Holidays from Tom Stachler and Real Estate One

by Tom Stachler,ABR,CDPE - Group One Realty Team

Happy Holidays!

Ann Arbor Skyline

May the Joys of the Season
lead the way
to a bright and prosperous
New Year

- + -
Best wishes  from Tom and his Team

 

 

 

 

 
Tom Stachler
Associate Broker & Builder
www.TheRealtyTour.com

555 Briarwood Circle
Ann Arbor, MI 48108
Phone: (734) 996-0000

Know someone looking for the following services?
* Please refer them to one of our many websites *
 

 

 

 

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Helping Build Life Long Relationship - Need Help ? Yes We Can be.....

by Tom Stachler,ABR,CDPE - Group One Realty Team

Always Here to Help - Let us Hear from you for Any Reason

I am inviting you to stop by our website often at www.SalineRealty.com where I post blogs and other information in my effort to keep the community informed about what is happening in the local real estate market.

Also, I just wanted to take a moment to let you know that I value you and your good will.  I hope someday we will have the opportunity to work together again however, building life long relationships is what gives me the greatest joy and satisfaction in my career as a Broker/Realtor®.

I would be happy to mail you a copy of my personal brochure to give you a little more background information about me and my business philosophy.  I hope you will take a moment to request and later read it.  My objective is to become your Realtor®/Broker long before you actually need one.  I hope when you have a real estate need, question or contractor discount referral,  you will give me the opportunity to help you even if its just a recommendation or perhaps guide you to one of the many resources found on my various websites that are also just waiting to serve you. 

Even if you aren’t planning to buy or sell a Home for years, I want you to feel comfortable calling me if you have any questions about real estate, your home care or the community.

I am here to help you in any way I can. 

I look forward to building Life Long Relationships with the people I meet.   We can also help with finding or marketing any property as a trusted advisor.  

We don't sell Real estate, rather we smoothly help people change their lives.  

Click this link if you are Looking for Real Estate for Sale in Ann Arbor Michigan or the surrounding areas

Looking for a quick ballpark price on your property?  Get instant automatic Results......Try our new self serve web service at www.MyPrice.Guru and let us know what you think.  

Have a great day!   

 

 

 

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Woman Kayaking is Shocked by What Pops out of the Water !

by Tom Stachler,ABR,CDPE - Group One Realty Team

For the Newest Realty Listings - Click on the "All MLS Listings" Link above 

.  

Woman in Kayak is Surprised by Something Popping up out of the Water! 

 

Have a Great Day everyone.  Please keep in touch.  

 

 

 

tom,stachler, ann arbor, homes, for, sale, saline, michigan, house, property, mls, real estate, one, stahold, corp. realty

Tom Stachler's Monthly Market Update for Ann Arbor Real Estate

by Tom Stachler, Real Estate One Ann Arbor

Dan's Monthly Broadcast Message shown below.  

Check the Links above for MLS access to the entire listing inventory that are for sale from every company and bank.  They all are included in this database.  Let us know if you would like to setup a showing appointment.  

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