Bob's Broker Buzz: new homes

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SAVE THE DATE for AGENT / BUILDER PALOOZA</div>
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MAY 1st, 2014</div>
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I’m writing to you in hopes that you will put this event on your calendar. This is the seventh year we have hosted Agent / Builder Palooza at The Preserve at Chino.  Agent / Builder Palooza is the only opportunity you will have this year to meet and network with the largest home builders in CA.  This is not a seminar,  there are no speakers. You go from table to table to pick up information regarding new communities all over SoCal. You’ll receive information on floor plans, lot sizes, tax rates, HOA fees, commissions, and client registrations. </div>
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Every agent should have a New Home Book as a reference guide to new homes not just in their local neighborhood but in multiple areas with various homes sizes and price points.  Putting together a book like that would take months and here you can do it in an hour.  We order lunch for 700, so it’s really a fun networking experience that has tremendous benefits.  Bring plenty of business cards because all the home builders have drawings for fantastic gifts. </div>
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SAVE THE DATE for AGENT / BUILDER PALOOZA MAY 1st, 2014 I’m writing to you in hopes that you will put this event on your calendar. Th...

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<a href="http://www.vandaele.com/neighborhoods-all/renaissance-at-avellino/" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><img alt="Renaissance at Avellino" border="0" height="265" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgKCLoHj-Db0M8xTmF8FoY5v5UMeCFmDofcUqc8PXpm9sHlRgz6wIddGsNOU4VdD0aYY-5_X3k1wdVKyebJ5XI0ui7GrHT-1bJiRGlyHix77FiLDrcaH6B0yMti_9jUmLPh5MiuM_EEztI/s400/Avellino_Renaissance_Plan_3.jpg" title="Renaissance at Avellino" width="400" /></a></div>
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<span style="font-family: inherit; line-height: 115%;"><b>In the long
run you're better off buying a four bedroom new home even if you never use that fourth
room at all.</b></span></div>
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<span style="font-family: inherit;"><a href="http://homebuying.about.com/od/sellingahouse/qt/0207WhyMove.htm"><span style="line-height: 115%;">About.com</span></a><span style="line-height: 115%;"> says most people sell their homes
within five to seven years. As you try to sell your home, more and more people will
be looking for four-bedroom homes than looking for three-bedroom homes. So even
if you don’t ever use that fourth bedroom for the five to seven years that you
live in the home, that fourth bedroom may come in very handy when you turn
around and try and sell the home.<o:p></o:p></span></span></div>
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<span style="font-family: inherit; line-height: 115%;">Think of the
question this way: Isn't it easier to try and sell a home that is a little bit
too big versus a house that is a little bit too small? Most people say “Well
it's a little bit bigger than we need, but we'll take it.”  But if it's a little bit too small, you've got
no hope. Interest rates are so low right now that why not pay a little bit more
for a four bedroom?<o:p></o:p></span></div>
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<span style="font-family: inherit; line-height: 115%;">Dynamics are
always changing. Maybe you’re single, or you have roommates or a partner, or you
get married or you don’t. Maybe you have children. Regardless, of your current
situation, families change.  Parents,
friends, siblings, or grown children may come to stay at your home or even live
there indefinitely.  Maybe at some point
in time, you even decide to rent out the fourth bedroom. Things are always
changing, and you can always adapt to too much space. But it’s very difficult
to adapt to too little space.<o:p></o:p></span></div>
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<b><span style="font-family: inherit; line-height: 115%;">There are a few advantages to a
three-bedroom home over a four-bedroom home:</span></b><br />
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<li><span style="line-height: 18px;"><span style="font-family: inherit;">a three-bedroom home costs less money</span></span></li>
<li><span style="line-height: 18px;"><span style="font-family: inherit;">a three bedroom home  is generally less effort and money to maintain</span></span></li>
<li><span style="line-height: 18px;"><span style="font-family: inherit;">lower square footage often means lower energy costs, which brings us right back to the idea that a three bedroom home costs you less to maintain than a four bedroom home</span></span></li>
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<b><span style="font-family: inherit; line-height: 115%;">How many three bedrooms homes are
being built versus four bedroom homes?</span></b></div>
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<span style="font-family: inherit;"><span style="line-height: 115%;">According to
USA Today's article entitled “</span><a href="http://www.usatoday.com/story/news/nation/2013/06/08/houses-bedrooms-family-size-homes/2390141/"><span style="line-height: 115%;">New Homes Still Getting Bigger</span></a><span style="line-height: 115%;">” by Greg Toppo, June 8, 2013:<o:p></o:p></span></span></div>
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<span style="font-family: inherit; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: Arial; mso-hansi-theme-font: minor-latin;">Three-bedroom homes still dominate overall housing: 47% of buyers of new
and used homes picked three-bedroom models last year, while 26% bought four or
more bedrooms, according to the National Association of Realtors. Data for new
homes tell a different story. <o:p></o:p></span></div>
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<span style="font-family: inherit; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: Arial; mso-hansi-theme-font: minor-latin;">The share of new homes with three bedrooms dropped from 53% in 2009 to
46% in 2012.New houses with four or more bedrooms snagged 41% of the market
last year, their highest share ever. Smaller houses — two bedrooms or fewer —
accounted for just one in five new homes in 2012.<o:p></o:p></span></div>
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<a href="http://www.vandaele.com/neighborhoods-all/renaissance-at-avellino/gallery/?pid=344" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;" target="_blank"><span style="font-family: inherit;"><img alt="Renessaince at Avellino Maste Bedroom" border="0" height="211" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJwo_mpyDBJXlOzhcJRJeQWKyEAZKdx7XNj6CjxvU_nFGjTf2T_czovU0axePm3SqDBSkPK-EZueHQRNcRUrKeWAy0WmI9w5ljiY3WkDrA3_eM7b6fZdH3WrxnEx0AuRUEGHgkUTDm4B8/s320/renaissance-plan-3-master_web.jpg" title="Renessaince at Avellino" width="320" /></span></a></div>
<span style="line-height: 115%;"><span style="font-family: inherit;">If you have
your choice, and the three-bedroom is all that's being offered and what you can
afford, then that’s what you should buy. If you're in a position to choose
between a three bedroom and a four bedroom home, and the price difference is
not huge, then I would almost always pick the four-bedroom.</span><span style="font-size: small;"><o:p></o:p></span></span></div>
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