Here are my updates for August 7, 2012
RESIDENTIAL VACANCIES AND HOMEOWNERSHIP IN THE SECOND QUARTER 2012
National vacancy rates in the second quarter 2012 were 8.6 percent for rental housing and 2.1 percent for homeowner housing, the Department of Commerce’s Census Bureau announced today. The rental vacancy rate of 8.6 percent was 0.6 percentage points lower than the rate recorded in the second quarter 2011 (+/-0.4 percentage points) and 0.2 percentage points lower than last quarter (+/-0.4)*. The homeowner vacancy rate of 2.1 percent was 0.4 percentage points lower than the second quarter 2011 rate (+/-0.2) and 0.1 percentage point lower (+/-0.1)* than the rate last quarter (2.2 percent).
The homeownership rate of 65.5 percent was 0.4 percentage points (+/-0.4) lower than the second quarter 2011 rate (65.9 percent) and 0.1 percentage point (+/-0.4)* higher than the rate last quarter (65.4 percent).
Click here for report
ECO-FRIENDLY SWAPS FOR EVERY ROOM IN THE HOUSE
While tenants may be limited to changes they can make to the home they are renting, there are many ways homeowners can make almost every room in their home more eco-friendly.
In the bathroom, homeowners can exchange standard shower heads for low-flow options that reduce the amount of water used per minute. This not only helps lower the cost of water usage, but also energy, as water heaters won’t have to work as hard. Homeowners looking for major savings can also swap out their toilet for a more modern and efficient model that uses less gallons of water per flush.
There are many upgrades homeowners can make in the kitchen to make their home more eco-friendly. When investing in appliances, make sure they are energy-efficient to help reduce utility bills. Low-flow faucets can also replace standard ones to help waste less water when washing dishes and cleaning.
In bedrooms, families can make investments in bedding that is organic while higher quality products also tend to last longer and are better for the environment.
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed
“Fewer properties for sale with such remarkably low interest rates make it a great time to buy and not a bad time to sell”