|
Congress has
passed the Housing
and Economic
Recovery Act of
2008. The
big news for you and
your customers is
this act provides
for a possible tax
credit up to $7500
for qualified
first-time home
buyers purchasing
homes priced at
$75,000 or greater.
The tax credit is
paid back to the
federal government
interest free over a
period of 15 years.
Fifth Third wants
to help out as well
- we will match up
to 10% of your
customers' allowable
tax credit. Together
that could total
over $8000 towards a
client first home.
For details on
2008 Housing and
Economic Recovery
Act tax credit
visit:
www.federalhousingtaxcredit.com
One In Four
Boomers Plan Move,
Survey Reports
A Survey
Commissioned By The
AARP Reveals Some
Fresh Information On
The Future Housing
Habits Of The Baby
Boomers
One in four baby
boom generation
households (26%)
expects to move from
their current home
in the future, with
the majority looking
for a single-level
home that is more
comfortable or
convenient,
according to a new
survey prepared for AARP.
Echoing past
surveys, most
boomers (79%) say
they would like to
stay in their
current home for as
long as possible.
Some — less than 10%
— said they would
like to stay in
their current home
but don't think they
will be able to do
so.
Many of those who
expect to move said
they will be looking
for a better house,
a better climate or
a home that is
closer to family and
friends. More than
half of those
boomers (age 45-64)
planning to move
expect to look for a
home that's all on
one level (59%).
About half said they
will look for a
newer home (50%) or
a smaller home
(49%).
The poll conducted
by Opinion Research
Corporation for AARP
* was released to
coincide with the
announcement of the
2008 Livable
Communities Awards
from AARP and the National
Association of Home
Builders (NAHB)honoring
innovative thinking
in the field of home
and community
design.
Older boomers are
significantly more
likely than younger
boomers to think
that they will move
into a single level
home (68% vs. 54% of
those planning to
move), but age is
not the only factor
that affects
expectations. Boomer
men are more likely
than women to
believe they will
move into a newer
home (61% vs. 42%)
or move into a home
in a warmer or
better climate (41%
vs. 25%) Boomer
women are more
likely than men to
think they will move
into a smaller home
(54% v. 41%).
"While boomers will
reflect the patterns
of earlier
generations and
mostly age in
place," said Elinor
Ginzler, Senior Vice
President of AARP,
"the sheer number of
boomers will
increase demand for
a whole variety of
home and community
options. The 2008
Livable Communities
Award winners offer
some great examples
of appealing,
user-friendly
design." The number
of persons age 65
and older is
expected grow to 70
million by 2030.
"The winners of the
2008 Livable
Communities Awards
have clearly taken
note of the
increasing demand
for more accessible,
livable homes and
communities, and are
on the leading edge
of change," said
Sandy Dunn, Chairman
of the Board of NAHB
and a home builder
from Point Pleasant,
W.Va. "The
trend-setting homes
and communities we
honor with the 2008
Livable Communities
Awards meet the
demands of both
today and tomorrow's
homeowners by
combining easy
living with inviting
design."
The 2008 AARP and
NAHB Livable
Communities awards
recognize four
companies in four
categories whose
projects enhance the
daily comfort, ease
and safety of the
people who live in
them:
Remodeler
Over $75,000
Interior Design
Details (for the
Rathbun Residence in
Brea, Calif.). This
remodeled home was
designed for a woman
who unexpectedly
developed an illness
that limited her
mobility. Interior
Design Details built
archways and widened
doorways in addition
to installing
automation and
sensor units. The
client's desire for
a comfortable and
usable yet beautiful
remodel was met
through the use of
slip-resistant
interior floors,
lever door handles,
dimmer light
switches, granite
countertops, and
other stylish
touches.
Builder Up
To 2500 Square Feet
New
Millennial Homes
(for The Freedom
Home in Tampa,
Fla.). Rather than
creating another
run-of-the-mill home
adapted for a
resident with
special needs, New
Millennial Homes met
or exceeded all
applicable
accessibility
standards with a
beautiful home that
provides freedom and
ease of movement for
the resident. The
builder met the goal
of keeping the home
affordable by using
Energy Star-rated
appliances,
state-of-the-art
insulation and many
other measures to
reduce utility costs
over time.
Developer Up
To 250 Units
The Winery LLC (for
Vineyard Lane in
Bainbridge Island,
Wash.). This former
vineyard turned
innovative, livable
forty-five
condominium campus
is located on a
beautiful 4-acre
heritage site just a
stone's throw from
both the quaint
downtown area of
Bainbridge Island
and the city of
Seattle. The
property's rustic,
well-lit cobblestone
walkways, extensive
elevator access,
oversize windows,
level front
entrances, coffee
house, and other
numerous public
patios provide for a
classy, comfortable,
and livable
environment.
Developer
Over 250 Units
HallKeen, The
Braverman Company
and New Boston Fund
(for Winooski Falls
in Winooski, Vt.).
This northwestern
Vermont development
provides residents
with a real sense of
small-town community
and a strong
identity with
proximity to a
riverfront walkway
and many public
transportation
options, downtown
Burlington,
countless shops,
restaurants, two
college/university
campuses and the
largest hospital in
the state. The
community of
Winooski prides
itself on "smart
growth" - building
community while
protecting the
environment -
offering
energy-efficient,
universally-designed
and affordable
units.
Established in 2007
by AARP and NAHB,
the Livable
Communities Awards
are presented
annually to
builders, remodelers
and developers for
projects that
enhance the daily
lives of people of
all ages and
abilities by
incorporating:
-
design elements
that accommodate
the needs of all
residents with
all levels of
physical ability
from children
through
grandparents;
-
easy access to
community
services and
features such as
retail,
restaurants,
medical, social
and cultural
activities, as
well as viable
transportation
options;
-
improved energy
efficiency and
enhanced site
design; and
-
better
communication
with key
stakeholders
A panel of expert
judges appointed by
NAHB and AARP
reviewed
applications and
selected the
finalists. Judging
criteria varied from
category to
category, but points
were awarded based
on: 1) Universal
Design Features; 2)
Ease of Maintenance
and Energy
Efficiency; 3)
Exterior Design and
Landscaping/Site
Design; 4)
Incorporation of
Livable Community
Design Features; and
5) Stakeholder
Involvement.
Winners will be
honored at a dinner
in Washington, DC on
December 10, 2008
and will also be
featured in AARP The
Magazine. For more
information, photos
and video clips of
the winning
projects, visit
www.aarp.org/homedesign.
Energy-Efficient
Lighting Design
Plan For Performance
As Well As Looks
When Making Homes
Glow
High-performance
lighting - lighting
that's efficient and
relates well to the
design of the house
- helps make homes
look better, helps
with visual tasks
and also can reduce
the home's energy
use.
However, don't
expect to simply
install
energy-efficient
fixtures and save
bundles in energy
costs - the biggest
energy savings come
as part of an effort
to improve the
performance of the
entire house,
including increasing
insulation,
installing
high-performance
windows, sealing air
leaks, sealing
supply and return
ductwork, and
installing a
high-efficiency
furnace and air
conditioner.
Benefits increase
when all these
improvements are
considered together:
For example, more
efficient lighting
reduces the
air-conditioning
load. Also, the
Department of Energy
groups appliances
with lighting when
looking at energy
use. If you're
focusing on
lighting, consider
replacing old
appliances with
energy-efficient
ones: The most
efficient appliances
on the market are
labeled Energy Star.
Design
principles
While the lighting
strategy you choose
depends on the level
of remodeling you're
doing, these design
principles hold
true.
1. Focus
your effort on rooms
used most. Improving
the lighting in
these rooms will
make a lot of
difference.
2.
Replace existing
fixtures. Most
homes have
incandescent
fixtures. Replace
them with dedicated,
hard-wired
fluorescents. If you
use screw-ins, they
may be switched back
to incandescent when
the bulb burns out,
losing the
efficiency benefits.
Hard-wired fixtures
may have better
aesthetics and light
quality, too.
3. Layer
lighting for maximum
impact. To
produce dramatic
effects, design
ambient, task and
accent lighting.
Ambient lighting
provides general
room illumination
and may reduce the
need for additional
portable lighting.
Task lighting helps
homeowners see
better where they
need it -
under-cabinet
lighting in the
kitchen to help in
preparing meals, for
example. Accent
lighting adds
sparkle by focusing
on an architectural
detail such as a
fireplace or on
photos or artwork.
4. Consider
the room's function
and form. No
matter where you
start, consider
which activities are
most important for
the room. Perhaps
the easiest place to
begin is the
kitchen. As stated
above, under-cabinet
lighting provides
task lighting. When
there is space above
kitchen cabinets,
between cabinet and
ceiling, it's easy
to mount inexpensive
strip lights to
provide excellent,
glare-free light for
the entire room. A
recessed downlight
over a kitchen
island will accent
the island, help the
homeowner see better
when performing
kitchen tasks and
provide ambient
light.
For the family room,
use a combination of
ambient, track and
portable lighting.
Use a reduced level
of ambient light in
the home office to
avoid glare on
computer screens. In
the bathroom, both
appearance and
safety are
important. At the
vanity, light from
either side of the
mirror, as well as
the top, to avoid
shadows.
Also consider the
room's design.
"Integrate lighting
logically with the
architectural
characteristics of
the room," says John
Holton, an IBACOS
researcher. "For
example, cove
lighting that
illuminates raised
ceilings and valance
lighting above
windows provides
general illumination
while relating well
to specific
architectural
features and gives
the room nice
character."
5. Use
concealed light
sources. Homeowners
will notice the
illuminated floors,
walls and ceiling of
the room instead of
the light bulbs.
Concealed light
sources help
eliminate direct
glare from lamps.
6. Use
fluorescents. According
to DOE research,
fluorescents use 25
percent to 35
percent of the
energy used by
incandescents to
give the same light
output and last up
to 10,000 hours,
compared with 1,000
for the typical
incandescent bulb.
Using a mix of
fluorescents and
incandescents is
likely to be less
efficient than using
all fluorescents.
Based on preliminary
research findings
from Building
America team member
Steven Winter
Associates, homes
with compact
fluorescents (CFLs)
installed only in
certain areas
(usually kitchens
and hallways) use
more energy than
homes with 100
percent CFL
lighting.
Most people
associate
fluorescents with
the harsh, bluish
lighting typically
found in garages.
For a nice, crisp
light - quality as
good as
incandescents-choose
fluorescents with a
color temperature of
3,000 degree Kelvin,
with a color
rendering index
(CRI) of 80 or
greater.
Also, choose
electronic ballasts
for both linear
fluorescents and
CFLs. Electronic
ballasts provide a
better quality light
and are more energy
efficient. They
don't hum, last
longer and eliminate
the turn-on delay
typically associated
with fluorescent
lighting.
7. Limit the
number of different
light sources. For
linear fluorescents,
only use two
different ones (3
foot and 4 foot),
and for CFLs, only
use three: 15, 26
and 32 watts. This
makes it easier for
homeowners to
replace the lamps.
8. Consider
controls. "Controls
such as photo
sensors, occupancy
sensors, dimmers and
remote controls may
help to reduce
energy by ensuring
that lights are only
used when needed,"
says Subrato
Chandra, a
researcher at
Florida Solar Energy
Center.
IBACOS
(Integrated Building
and Construction
Solutions) is a
research and
consulting firm
specializing in
building science.
IBACOS is a member
of the DOE's
Building America
Program, which
supports research on
remodeling homes to
save energy while
improving health and
comfort.
Fluorescent
Lighting Guide
A range of fixture
types are available
to implement
high-performance
lighting. The list
below includes
fluorescent fixtures
using either linear
lamps or CFLs. Many
are available as
Energy Star
fixtures, which meet
strict
energy-efficiency
guidelines set by
the U.S.
Environmental
Protection Agency
and the DOE.
Recessed
downlights and wall
washers: A
common way to offer
concealed source
ambient lighting,
recessed downlights
and wall washers
provide indirect
illumination through
reflections from the
floor, walls and
furnishings. These
ceiling-mounted
fixtures come in
sizes ranging from
13 to 42 watt.
Reflectors are
available in highly
reflective aluminum
(Alzak) and white.
Recessed downlights
also may have
black/white baffles
and several types of
lenses. Many of the
lensed fixtures are
suitable for use in
wet locations such
as bathrooms.
When recessed
downlights are
installed in
insulated ceilings,
heat can build up,
significantly
reducing lamp and
ballast life, as
well as reducing
light output. The
DOE's Emerging
Technologies Program
at Pacific Northwest
National Laboratory
is researching new
technologies for
reflector-type
(R-lamp) CFLs
installed in
recessed downlights
located in insulated
ceilings. For more
information, visit: www.pnl.gov/r-lamps.
Coves and
valances: Built-in
lighting coves in
cove ceilings or
above kitchen
cabinets use
inexpensive T-8 (1
inch in diameter) or
T-5 (5/8 inch in
diameter) strip
lights and provide a
wash of light across
the ceiling.
Valances, located
above windows, also
employ strip lights
and illuminate both
up the wall and onto
the ceiling as well
as down around
draperies.
Under-cabinet
lights: These
long, thin
fluorescent fixtures
are mounted
underneath wall
cabinets and above
work surfaces. They
typically are found
in kitchens and
other work areas.
The best light
output is offered by
the newest designed
fixtures that use
T-5 lamps of 14
watt, 21 watt and 28
watt in fixtures of
nominal 2-, 3- and
4-foot length. These
offer higher
brightness and
better light color
quality.
Surface
lighting: There
is a vast array of
surface-mounted
linear and CFL
fixtures. These
range from very
utilitarian 1x4-foot
garage lights to
detailed round,
square and
rectangular ceiling-
and wall-mounted
fixtures. These
fixtures may use
linear T-8 or T-5
lamps, circular
lamps or CFLs.
Pendants: There
are a limited but
growing number of
fluorescent pendant
fixtures offered by
manufacturers. They
range in size from
mini-pendants (5
inches in diameter)
to much larger
designs (24 inches
in diameter and
larger). Because
they're exposed
fixtures, choose a
style that is
compatible with the
room.
Below are the
top 10 cities in Relocate-America.com's
2008 list:
1. Charlotte, N.C.
2. San Antonio,
Texas
3. Chattanooga,
Tenn.
4. Greenville, S.C.
5. Tulsa, Okla.
6. Stevens
Point, Wis.
7. Asheville, N.C.
8. Albuquerque, N.M.
9. Huntsville, Ala.
10. Seattle, Wash.
|
$42,277 |
$33,749 |
79.8% |
Attic
Bedroom |
$48,398 |
$35,694 |
73.8% |
 |
|
$12,820 |
$8,957 |
69.9% |
Back-Up
Power
Generator |
$14,040 |
$8,026 |
57.2% |
 |
|
$53,552 |
$44,924 |
83.9% |
Basement
Remodel |
$61,011 |
$44,467 |
72.9% |
 |
|
$33,468 |
$23,255 |
69.5% |
Bathroom
Addition |
$38,078 |
$24,187 |
63.5% |
 |
|
$14,413 |
$11,973 |
83.1% |
Bathroom
Remodel |
$15,899 |
$11,857 |
74.6% |
 |
|
$14,285 |
$10,237 |
71.7% |
Deck
Addition
(composite) |
$15,277 |
$11,260 |
73.7% |
 |
|
$8,903 |
$7,588 |
85.2% |
Deck
Addition
(wood) |
$10,601 |
$8,676 |
81.8% |
 |
|
$70,536 |
$48,661 |
69.0% |
Family Room
Addition |
$81,315 |
$53,608 |
65.9% |
 |
|
$49,954 |
$34,779 |
69.6% |
Garage
Addition |
$57,272 |
$38,161 |
66.6% |
 |
|
$26,494 |
$16,040 |
60.5% |
Home Office
Remodel |
$28,094 |
$15,329 |
54.6% |
 |
|
$53,150 |
$41,260 |
77.6% |
Major
Kitchen
Remodel |
$56,611 |
$43,030 |
76.0% |
 |
|
$89,283 |
$60,827 |
68.1% |
Master Suite
Addition |
$101,571 |
$67,037 |
66.0% |
 |
|
$20,307 |
$16,461 |
81.1% |
Minor
Kitchen
Remodel |
$21,246 |
$16,881 |
79.5% |
 |
|
$16,594 |
$10,657 |
64.2% |
Roofing
Replacement |
$18,825 |
$12,336 |
65.5% |
 |
|
$8,994 |
$7,610 |
84.6% |
Siding
Replacement
(vinyl) |
$10,256 |
$8,274 |
80.7% |
 |
|
$66,572 |
$39,147 |
58.8% |
Sunroom
Addition |
$71,745 |
$40,715 |
56.7% |
 |
|
$131,511 |
$94,791 |
72.1% |
Two-Story
Addition |
$146,538 |
$103,553 |
70.7% |
 |
|
$9,529 |
$7,438 |
78.1% |
Window
Replacement
(vinyl) |
$10,537 |
$8,132 |
77.2% |
 |
|
$10,405 |
$8,037 |
77.2% |
Window
Replacement
(wood) |
$11,512 |
$8,946 |
77.7% |
 |
|
$67,217 |
$49,149 |
73.1% |
Bathroom
Addition |
$74,325 |
$49,100 |
66.1% |
 |
|
$47,265 |
$37,471 |
79.3% |
Bathroom
Remodel |
$51,455 |
$36,400 |
70.7% |
 |
|
$35,101 |
$22,878 |
65.2% |
Deck
Addition
(composite) |
$37,498 |
$23,706 |
63.2% |
 |
|
$76,098 |
$51,775 |
68.0% |
Garage
Addition |
$85,844 |
$53,908 |
62.8% |
 |
|
$106,369 |
$79,050 |
74.3% |
Major
Kitchen
Remodel |
$110,964 |
$78,398 |
70.7% |
 |
|
$204,307 |
$129,000 |
63.1% |
Master Suite
Addition |
$223,876 |
$136,764 |
61.1% |
 |
|
$32,873 |
$20,980 |
63.8% |
Roofing
Replacement |
$36,296 |
$22,861 |
63.0% |
 |
|
$12,967 |
$11,690 |
90.2% |
Siding
Replacement
(fiber-cement) |
$13,177 |
$11,424 |
86.7% |
 |
|
$11,111 |
$10,165 |
91.5% |
Siding
Replacement
(foam-backed
vinyl) |
$12,528 |
$10,074 |
80.4% |
 |
|
$12,289 |
$10,049 |
81.8% |
Window
Replacement
(vinyl) |
$13,608 |
$10,781 |
79.2% |
 |
|
$16,177 |
$12,334 |
76.2% |
Window
Replacement
(wood) |
$17,580 |
$13,455 |
76.5% |
|