Buckfield Maine Area Homes For Sale 04220

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Design tips at your fingertips! Offering the “best of” from the HGTV network, this app allows you to look up real estate videos, photos, tips and review their advice. Watch clips from popular shows, “Curb Appeal” and “Designed to Sell.” Getting ready for an open house? Look up design tips, and tutorials for staging and designing your home for more buyer appeal. Also fun, you can see before and after photo slide shows of their room transformations. Especially great if you you’re like me and don’t have time to watch much TV!Looking for more Real Estate app choices? Visit http://www.topappcharts.com/search.php?show=search&string=real+estate&start=0&price=free to review or download the top 16 free iphone / ipad apps for real estate. Choose from top names like Realtor.com, Zillow, Loopnet, Trulia, Redfin, Homes.com and more. View Photos of…

…read the whole story via Free App For Your iPhone: HGTV – Plus More Real Estate Apps! | Maine Waterfront Real Estate.

According to USA Today, home owners were among those who benefited from the tax compromise President Obama signed last month. The most friendly provisions towards home owners are:

• Deductions for private mortgage insurance: The agreement extends through 2011 a provision allowing home owners to deduct mortgage insurance premiums. To qualify for the full deduction, homeowners must have an adjusted gross income of $100,000 or less. Taxpayers with AGI up to $109,000 can claim…

…Read the whole story via What did the new tax deal mean for home owners? | Lewiston Maine Homes For Sale.

I was just reviewing some information from “The State of the Nation’s Housing,” a report issued each year by the Joint Center for Housing Studies at Harvard University. It is an overview of the U.S. housing market including analyses of market forces, demographic drivers, rental housing, and challenges for the future.

Something in the report caught my eye: A contributing factor to lower household growth was a drop in household headship rates caused by “doubling up.” In other words, some people were forced into combining households to save money during difficult financial times, possibly due to loss of their home or by foreclosure. Household headship rates for all age groups have also fallen since 2005, especially among those under age 35.

Of course, what is going to happen to headship rates in the future remains uncertain. If economic conditions and the foreclosure crisis do not improve, rates may continue to fall. But given the improved affordability conditions, employed workers may soon form households and thus boost headship rates. In most cases, doubling up is only a temporary solution for people — they will eventually prefer to find their own places to live.

The good news, according to the Joint Center, is that the “echo-boom” generation — those born between 1986 and 2005 — will have a tremendous impact on starter homes over the next 15 years. The echo-boom generation, currently at 80.8 million, is even larger than the baby-boom generation. It is projected to grow to 92.9 million by 2025. Meanwhile, baby boomers will boost demand for senior housing.

For household formation to return to normal rates, improvement in the unemployment rate is critical. One study estimates that if unemployment rates fall by a little more than 2 percentage points by the end of 2012, household formation would increase by about 2 percentage points from current levels by 2012.* That would mean that by 2012, normal rates of household formation should come back — roughly around 1 to 1.5 million new households per year.

More good news? Meservier and Associates is prepared to assist both the boomers and the “echo boomers” with their searches for new homes!

*Gary Painter, “What Happens to Household Formation in a Recession?” (Washington, DC: Research Institute for Housing America, 2010).

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• Realty Times – Top 10 Tips for Staging a Home: http://bit.ly/d8DFLy via @addthis #
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