February/March 2010 Issue
   Feel free to call me at anytime if I can assist you with a Real Estate question or issue   

Columbia MLS Real Estate Activity

Period 

New Listings

Active Listings

Sold Listings

Months Inventory

Jan/2010 520 3,232 105 30.78
Dec/2009 294 3,405 150 22.70

Nov/2009

353

3,460

237

14.60

Oct/2009

514

3,530

245

14.41

Sep/2009

527

3,629

220

16.50

Aug/2009

640

3,528

257

13.73

               
New listings are the highest since October last year.  Interestingly the number of homes-sold are down almost a third over December.  Another big trend on the chart is inventory.  If you are thinking about a change, this might be a good time to look.  There should be all kinds of good deals out there.
         
         
Happy Valentine!
                        
I hope everyone has a great Valentine this weekend, whether you will be out with the crowds or having a nice quiet evening at home with that special one.
          
                 
Our True/False Film Festival is here in Columbia again
                     
If you enjoy films, this is a really good way way to see a great verity of them and to join the activity going on down town.  It is a lot of fun, and you get to run into a lot of your friends  running to a movie or having refreshments while waiting for one.  Check out the www.TrueFalse.org website to see what is playing.  Call their ticket office.  You should be able to see some of the films, even if you did not buy the weekend tickets.
                   
           
           
Our City Council did what ?
      
Well it seems as there is a big cackle in and around Columbia about the chicken debacle.  The Columbia board of realtors took a firm stand on the fact that this can negatively effect your homes value.  It is all about perception.  Say you have your home up for sale.  A straight laced city slicker really likes your home and would like to place an offer.  The only big problem is next door.  Your neighbors have of all things, chickens.  The case is built in the buyers head.  He does not want farm animals next door to him.  Call them what you want, they are farm animals.  Sorry no offer ! 
 
John Clark got up last night at the Council hearing and claimed that most subdivisions in Columbia will be exempt from chickens because their neighborhood restrictions currently prohibit them. What he did not consider is that most subdivision restrictions prohibit "livestock," and the Council revised the definition of livestock to exclude chickens. So if someone decides to build a chicken coop in his backyard and the restrictions prohibit livestock without specifically mentioning chickens, the homeowner can argue that chickens are no longer classified as livestock. (I guess the Council considers them domesticated household pets?)

If you have a concern, you should contact your HOA and have then review your neighborhood covenants.  You and your neighbors can vote to make an upgrade and avoid this issue in your subdivision.
 
If you are so inclined, there are 4 YouTube video clips on the potential problem being experienced in Miami, Florida.   Enjoy!
                       
 #1)  http://www.youtube.com/watch?v=badlt7ZkFqI
                
 #2)  http://www.youtube.com/watch?v=rzEV5gdNrlA&feature=related
                       
 #3)  http://www.youtube.com/watch?v=5ZFfXJB14Q0&feature=related
                     
 #4)  http://www.youtube.com/watch?v=cy53v9gfxpc&feature=related
             
                
                   
Don't Forget The New Real Estate Tax Credits
            
First:  The $8,000 tax credit for first-time home buyers. Originally scheduled to expire on November 30th, 2009, this valuable tax credit of up to 10% of the purchase price or up to $8,000 was extended into 2010 (purchase agreements must be signed by April 30, 2010, and closings must be final by June 30, 2010).
                  
Second:  Now there is also a tax credit of up to $6,500 (or up to 10% of the purchase price) for qualified buyers of a second or "replacement" home under the same deadlines. To qualify, home purchasers must have owned and occupied a primary residence for five consecutive years during the last eight years.
                  
If you are thinking of buying or selling, you should investigate tax credits with your tax person or mortgage person.  Free money is good.
               
                  
Some home care tips, getting ready for Spring
           
Tip #1: Clean and seal decks. Winter can leave exterior surfaces stained from fall leaves and dirty from snowmelt runoff. Ideally, three consecutive warm, sunny days will be needed. On the first day, dry out the deck. Apply deck cleaner and scrub the deck on the second day, and let it dry 24 hours. On the third day, apply deck sealer. This will keep your deck water-repellant, damage-free and aesthetically attractive for all the barbecues in the months ahead.
             
Tip #2: Wash the exterior of your house using ordinary garden hose pressure and a mild detergent. Pressure washers are not always the best idea—they are powerful enough to force water under the siding, where it can encourage mildew and rot. If power washing is truly in order, hire a professional.
                  
Tip #3: Have a certified chimney sweep inspect and clean chimneys. Taking care of this task in the spring or summer—rather than in the peak autumn season—allows plenty of time for repairs before the next heating season. It’s also easier to schedule a sweep than during the fall cleaning season, and sometimes, rates can be lower as a result of off-season discounts.
                  
Tip #4: Caulk exterior joints around all windows and doors. Caulking keeps the house weather-tight and will help reduce high summer energy bills. It can also help keep insects and vermin out of the house.
                  
Tip #5: Clean lint from the entire clothes dryer vent system, from the dryer to the exterior vent cap. Because lint is incredibly flammable, this common build up can create a fire hazard. And if a gas clothes dryer is not properly vented, it can even force deadly carbon monoxide back into the home.
                 
Tip #6: Check the operation and condition of attic fans and roof-mounted turbine vents. Also make sure that bathroom and kitchen vent fans are working properly and are not blocked or obstructed. This can impede the intake of fresh air and removal of stale air from the home. These fans run on little energy and can greatly reduce cooling costs—not to mention increasing comfort inside the home during a hot and humid Hoosier summer.
                      
Tip #7: Change air conditioner filters—especially if the home was vented with outdoor air during the spring. Consider using a pleated media filter for better dust trapping, or for additional savings, a web element filter that can be washed periodically instead of being thrown out. Also, be sure to clear overgrowth and weeds away from outdoor air conditioning units—if the necessary airflow is blocked, the air conditioner will not be able to operate properly and could even suffer an expensive failure.
                
Tip #8: Clean any lingering fall leaves from gutters. For clogged downspouts, try using barbecue tongs to reach in and remove leaves. This is also a good opportunity to repair loose gutter nails or other gutter damage before the heavy spring and summer rains.
                    
Tip #9: The heat and humidity of summer can cause wooden windows and doors to swell and stick. Before this becomes a problem, remove the door or window, and carefully remove any excess material with a hand plane. For sliding windows, the surrounding trim is often the culprit. Usually, it must be removed and reinstalled to allow for greater movement. To keep windows and doors from sticking in the first place, make sure that they are sealed with a good coat of paint, including the tops and bottoms. Be careful not to paint the channels where windows need to slide, though—instead, use a light coat of linseed oil as a sealer.
                    
Tip #10: To prepare for summer, make sure attics are well insulated and ventilated. Excess heat in the upstairs area of a two-story home, or the sensation of a ranch-style home feeling "hot from above" could indicate insufficient attic insulation and poor ventilation. The age of the home could be a culprit—home inspectors frequently cite poor attic insulation in houses built prior to 1984. In the Midwest, attics should have between 9 inches to 12 inches of insulation.
                      
                  
How to Buy Art Like a Pro
         
There's good news for those in the market for artwork: 2010 looks to be a great year for purchasing those pieces you've been eying.
        
"There's a lot of great, affordable artwork out there, even originals by emerging artists," says Judith Joseph, a Chicago-based art consultant. "Some galleries have been closing, but those that remain open want to make sales and are willing to work with clients as far as pricing goes."
                      
Thinking about purchasing artwork for your home or office? Purchasing art can be intimidating, whether you're a novice just looking to fill blank walls or an experienced collector hoping to discover the next great artist.
                   
Here are some tips to help you get started:
  • Learn what you like. Visit galleries and art shows to get a feel for your tastes.
  • Purchase art that you love, not for future value. "You should buy art that speaks to you, that kind of expresses who you are and will continue to be interesting over time," Joseph says. "Don't think about matching the couch so much."
  • Research price. If you discover an artist you like, find out what his works have sold for previously and whether they have gone up in value.
  • Try to meet the artist, if possible. They often attend gallery openings. The artist can give you a unique perspective.
  • If purchasing for an office, remember that your walls are a reflection of your business. Make sure you create the correct impression for your clients and visitors. Stay conservative, and consider using landscapes and abstract artwork rather than portraits.
  • Hire an art consultant to provide professional advice. Not only will she offer advice on new artists and pricing, but she can often arrange private studio visits and make introductions. Art consultants are typically paid through discounts offered by galleries, so you can get professional advice at little or no cost.
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Are Black Walls the Next Hot Thing?
              
Black has always been the go-to color for little cocktail dresses and formal attire. But is it now the hottest thing in wall color?
                
Some experts say for wall color, black may be . . . the new black.
                
"People have been increasingly drawn back into using rich, darker colors in their homes," says Maxwell Gillingham-Ryan, founder of ApartmentTherapy.com, a home design blog. "What would have seemed too dark and somewhat old fashioned or Victorian is now cool, edgy and-people have discovered-warm."
               
Gillingham-Ryan says that many people think black is too strong a color to use, but that designers recognize that black is a classic, durable color that can be very cozy. "It's just got a bad rap," he adds.
       
If you think you couldn't handle black walls, consider that Benjamin Moore includes Black Satin as part of its "Colors for Your Home Collection," describing the color as "cultured, elegant and chic." Or that House Beautiful magazine recently featured black rooms from the home of designer Windsor Smith.
               
Why the increased interest in black walls? "Black is a symbol of power," says Hilary Sopata, a Park Ridge, Ill. designer. "There's an emotional connection to the recession and the uncertainty of our world. Black is a very certain color, and so we're drawn back to it."
         
                                 
What is America's Safest City?
                
According to Forbes, Minneapolis is American's safest city. The magazine examined crime rates, workplace fatalities, traffic-related deaths and natural disaster risks to come up with its list this year. Rounding out the top three: Milwaukee, Wis. and Portland, Ore.
            
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