Real Estate Headlines for the End of March

March is almost over and pretty soon you’ll be thinking you need to start doing something about that lawn. While you recover from an overload of college basketball craziness from this weekend, here are some real estate headlines to close out the last week of March:

You’re certainly not livin’ on a prayer if you want to buy Bon Jovi’s New York pad. It’s on the market for $42 million.

RISMedia thinks home building job growth awaits us in the near future.

Forbes has a list of the 10 most expensive cities for luxury real estate.

Larry David is trying curb his enthusiasm over listing his Pacific Palisades home.

A new study shows that borrowers with energy-efficient homes are less likely to default.

Live near a bus stop? You’re in luck. Property values are 42% better near public transportation.

Not that I would know anything about this, but the penthouse in Seattle that is the setting for the Fifty Shades of Grey book series evidently just sold for $6.2 million.

Chinese prospective home buyers are amazed at the affordability of homes in Detroit.

And finally, check out these incredible green home designs in Seoul. (image above)

 

Image above courtesy of Dwell

Home of the Week: A ‘Passive House’ for International Earth Day

Earth Home of the Week: A Passive House for International Earth DayThe first day of spring is a day to rejoice in the fact that the winter freeze is (hopefully) behind us; soon to be replaced by sunnier and warmer days. The onset of spring’s warmer weather inevitably brings about more time outside as well as the regrowth of our lawns, trees and gardens. Today isn’t just the first day of spring, it also happens to be International Earth Day; a day established by the United Nations in 1971 to encourage the world to appreciate nature and talk about ways to conserve our awesome planet and its resources.

To commemorate International Earth Day, our “Home of the Week” is a newly listed and certified “Passive House” that uses 10% of the energy a standard house does. In fact, at today’s energy costs, this “Passive Home” would net its owner a whopping $193,693 in energy savings over a 30 year period, and over $60K in savings over 10 years. Oh, and the home is beautiful too.

Located in Bethesda, MD and listed for $1.6 million, this energy efficient home was built by an award-winning builder and architect and features: Over 4,6000 square feet, an open floor plan, top of the line wood floors, a master suite with luxury bathroom, 4 additional bedrooms and 3 baths, a deck and a whole lot more!

Sure it’s a great looking home, but what makes this home truly special is that its one of the only homes east of the Mississippi River that holds the “Passive House” certification.

“Passive House” defines an approach to construction and an energy certification standard. The straightforward approach to building a home like this is the most efficient path to green construction because it focuses on reducing energy demand to the absolute minimum so that only a small amount of expensive technologies are needed to get a home to self sufficiency; or “Net Zero”.

With “Passive House” being the only standard designed specifically to meet the IPCC target of 80% reduction in carbon emissions by 2050, and yearly energy costs of only $350, this home is both great for our environment and sure will save whoever owns it a lot of money!

Innovation doesn’t have to be expensive either. The real value in this mode of building homes and achieving sustainability is the “Passive House” method is easily accessible to architects and builders to replicate. At a cost increase of only 10% above standard construction and training available to professionals everywhere, we believe that more homes across the globe will be built like Erich Cabe’s listing at 4717 North Chelsea Lane. And that’s a good thing.

If you’d like to learn more about this home click here.

Click here to watch a video to learn more about “Passive House” construction.

Why Energy-Efficient Home Improvements Might Close the Sale

A few green updates could give your home a competitive edge against others on the market.

Just in time for Earth Day which happens to be this Sunday, April 22!

We recently began an exciting blog partnership with Allstate Insurance. Check out our first guest blog post on their community blog: Why Energy-Efficient Home Improvements Might Close the Sale and look for future posts from All State guest blogger Pauline Hammerbeck.

Have you made a green update to your home? Tell us about it!

 

 

 

 

 

 

 

Real Estate Headlines for the Second Full Week of December

Back East there’s finally a winter crisp in the air, malls are packed with last minute shoppers, Elf seems to be on TV twice a day and most houses in my neighborhood are fully decked out with colorful lights and inflatable snowmen. Yup, we’re less than two weeks away from the Holidays! While you make your final holiday preparations and prepare to be with family and friends this festive season, here are a few real estate headlines to get your week kicked off right:

*Photo Courtesy of: Keith011764

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