The value of the dollar or purchasing power is decreasing over time
Have you seen a decline or increase in the number of Foreign purchasers or investors in the last 6 months?
Foreign & Investor buyer's hedge against future inflation and low returns on alternative investments.
Zillow - How are their "report market values" changing how potential buyer's/seller view the market?
My head is spinning around, just thinking about everything we as Real Estate Professionals, must pay attention to.
Market changes do not always change as quickly as the Sept 2007 period.
Have potential buyer's attitude changed from the 2002-2007 season?
Are potential buyers not as quick to purchase, more educated about purchasing and financing,
Are they willing to take their timelooking for the "perfect" home, price, location, interest rate ?
On to happier thoughts Halloween, my favorite time of the year!
Have a Safe October.
September 27, 2018
Video Link: Passive House "Ice Box" Challenge
June 6, 2018
Video Links: Building Performance
8 Rules of Building Performance http://constructioninstruction.com/?s=8+rules
Energy Recovery Ventilators (ERV) used in most Passive Hs https://youtu.be/Ut9wQmbUY7I
ERV #2 Karuna Passive House, Portland https://youtu.be/htYovlZuiNE
Advanced Framing - https://youtu.be/UDsaMFY3OcEt Towards end he also talks about thermal bridging and exterior insulation
Thermal bridging https://youtu.be/0gNUs84RHqc has some good infrared camera images
Thermal bridging https://youtu.be/P3sLkWGuVOE
Applying spray foam for air sealing - https://youtu.be/4Sz36u8c9U0
First Field Training we had in Stockton, Sept 2017 https://youtu.be/3nPBww2hh4s
May 9, 2018Energy Commission Adopts Standards Requiring Solar Systems for NewHomes, First in Nation
SACRAMENTO- Moving to cut energy use in new homes by more than 50 percent, the California Energy Commission today adopted building standards that require solar photovoltaic systems starting in 2020. The building energy efficiency standards, which are the first in the nation to require solar, will reduce greenhouse gas emissions by an amount equivalent to taking 115,000 fossil fuel cars off the road.
The cost-effective Building Energy Efficiency Standards, which take effect onJan. 1, 2020, focus on four key areas: smart residential photovoltaic systems, updated thermal envelope standards (preventing heat transfer from the interior to exterior and vice versa), residential and nonresidential ventilation requirements, and nonresidential lighting requirements. The ventilation measures improve indoor air quality, protecting homeowners from air pollution originating from outdoor and indoor sources. For the first time, the standards also establish requirements for newly constructed healthcare facilities.
"Under these new standards, buildings will perform better than ever, at the same time they contribute to a reliable grid," said Commissioner Andrew McAllister, who is the Energy Commission's lead on energy efficiency.. "The buildings that Californians buy and live in will operate very efficiently while generating their own clean energy. They will cost less to operate, have healthy indoor air and provide a platform for 'smart' technologies that will propel the state even further down the road to a low emissions future."
Under the new standards, nonresidential buildings will use about 30 percent less energy due mainly to lighting upgrades. For residential homeowners, based on a 30-year mortgage, the Energy Commission estimates that the standards will add about $40 to an average monthly payment, but save consumers $80 on monthly heating, cooling and lighting bills.
"With this adoption, the California Energy Commission has struck a fair balance between reducing greenhouse gas emissions while simultaneously limiting increased construction costs," said California Building Industry Association CEO and President Dan Dunmoyer. "We thank the Commissioners and their staff for working with the building industry during the past 18 months and adopting a set of cost-effective standards that ensures homebuyers will recoup their money over the life of the dwelling."
For more information about the 2019 standards, view the frequently asked questions,blog post, and infographics for residential and non residential buildings.
# # #
About the California Energy Commission The California Energy Commission is the state's primary energy policy and planning agency. The agency was established by the California Legislature through the Warren-Alquist Act in 1974. It has seven core responsibilities: advancing state energy policy, encouraging energy efficiency, certifying thermal power plants, investing in energy innovation, developing renewable energy, transforming transportation and preparing for energy emergencies.
For more information: http://www.energy.ca.gov/releases/
June 5, 2018
Assembly Bill 1668 establishes a limit of 55 gallons per person daily as the
standard for indoor residential water use, starting in the year 2022. Violators
will have to pay a fine of $1,000 per day during normal seasons and $10,000 per
day if “the violation occurs in a critically dry year immediately preceded by
two or more consecutive below normal, dry, or critically dry years,”
Are these new "Standards" realistic in todays real world?
Will these new H20 standard have an impact of housing prices?