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Is ‘Green’ at a Premium? Depends Where You Purchase

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Who says you need “green” to get a green home?

According to an analysis by realtor.com®, eco-friendliness is becoming the norm—and being a green homeowner may not be as pricey as thought. While California’s costlier markets have high concentrations of green homes, there are also affordable pockets outside the Golden State—and, in many markets, eco-features are no longer at a premium.

The greenest:

  1. Fort Collins, Colo.
    Green Home Listings Share: 36 percent
    Local Median Price-Per-Square Foot (PPSF): $170.4
    Green Local Median PPSF: $171
  1. Dallas-Fort Worth-Arlington, Texas
    Green Home Listings Share: 35 percent
    Local Median Price-Per-Square Foot (PPSF): $139.1
    Green Local Median PPSF: $144
  1. San Jose-Sunnyvale-Santa Clara, Calif.
    Green Home Listings Share: 35 percent
    Local Median Price-Per-Square Foot (PPSF): $738.9
    Green Local Median PPSF: $701
  1. San Antonio-New Braunfels, Texas
    Green Home Listings Share: 34 percent
    Local Median Price-Per-Square Foot (PPSF): $128.8
    Green Local Median PPSF: $130
  1. Tulsa, Okla.
    Green Home Listings Share: 33 percent
    Local Median Price-Per-Square Foot (PPSF): $96.7
    Green Local Median PPSF: $115
  1. Boulder, Colo.
    Green Home Listings Share: 25 percent
    Local Median Price-Per-Square Foot (PPSF): $257.7
    Green Local Median PPSF: $267
  1. Salinas, Calif.
    Green Home Listings Share: 21 percent
    Local Median Price-Per-Square Foot (PPSF): $498.5
    Green Local Median PPSF: $429
  1. Atlanta-Sandy Springs-Roswell, Ga.
    Green Home Listings Share: 20 percent
    Local Median Price-Per-Square Foot (PPSF): $121.5
    Green Local Median PPSF: $132
  1. McAllen-Edinburg-Mission, Texas
    Green Home Listings Share: 19 percent
    Local Median Price-Per-Square Foot (PPSF): $93.2
    Green Local Median PPSF: $107
  1. Santa Cruz-Watsonville, Calif.
    Green Home Listings Share: 17 percent
    Local Median Price-Per-Square Foot (PPSF): $565.7
    Green Local Median PPSF: $544

“Although Southern and Western states still lead the way in green technology adoption, eco-friendly features have grown in popularity across many regions of the United States,” says Javier Vivas, director of Economic Research at realtor.com. “Many buyers have come to expect standard features, and homes integrating specialty green features are becoming more mainstream.

“However, in today’s inventory-starved market, location still reigns supreme and the price of land can easily override the allure of special eco-friendly features,” Vivas says.

Analysts defined a “green” home as one with bamboo flooring, dual-pane windows, ENERGY STAR appliances and/or rating, Seasonal Energy Efficiency Ratio (SEER) ventilation and/or solar panels.

For more information, please visit www.realtor.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

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$170,000 :: 30409 WARNER, WARREN MI, 48092

Property Photo

3 beds, 1.1 baths
Home size: 1,453 sq ft
Lot Size: 8,712 sq ft
Added: 03/03/18, Last Updated: 04/17/18
Property Type: Single Family
MLS Number: 58031341284
Community: Warren
Tract: WILLIAMSBURG SUB NO 2
Status: Sold

Nice 3 bedroom brick ranch! Enter foyer to spacious living room. Open kitchen with plenty of cabinets, ceramic back splash, large eating area, built-in china hutch & pantry plus stove, refrigerator and dishwasher stay. Updated half bath. Family room with brick wall fireplace, mantle and ceramic hearth and door wall to sun room. Three spacious bedrooms – third bedroom used as laundry room (washer & dryer can stay). Full bath with ceramic tile. Full basement with plenty of storage and room for entertaining (pool table stays). Side entrance garage with new opener. Patio off sun room with overlooking nice yard with built-in BBQ. Inground sprinkler system. One year home warranty and more!

Listed with Keller Williams Realty Lakeside


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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Weighing Risk and Reward: Crypto-Investing in Home Equity

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For homeowners that are looking to access home equity funds, but don’t want to take out a second loan, a home equity line of credit (HELOC) or a reverse mortgage, there are not many options; however, blockchain technology is looking to change that by offering investment opportunities that are tied to a home’s equity and rising values.

Quantm Real Estate (quantmRE) is a membership-based real estate investment network built on blockchain technology. It allows the primary issuance and secondary trading of investment tokens backed by fractional equity interest in single-family homes. This means that quantmRE invests in a fraction of the home by paying the homeowner a pre-determined amount of money (USD) to later benefit from rising home values when the homeowner decides to sell.

Any funds gained are used by quantmRE to continue investing in single family homes—of which the portion purchased goes into a pool of other equity from other homeowners. The company also invests in non-homeowner occupied single-family homes that are held as investment properties.

“Having to borrow from a bank simply to access the wealth that you have built up in your home is deeply unsatisfactory,” said Matthew Sullivan, CEO and founder of quantmRE, in a statement. “Our ability to digitize the value of a homeowner’s equity and realize the locked-up value will solve a huge problem for homeowners worldwide. It’s time for people to be able to access more affordable homeownership options, flexibility and less financial risk.”

Although the company makes a consistent effort to stay away from the term loan—because the process lacks monthly payments and interest charges—it is, in fact, a type of loan that needs to be paid back. The company does not charge interest, but homeowners are required to pay more than the original sum provided as quantmRE becomes a partner with the owner of the property and is entitled to a fraction of home value gains—a lien is placed on the property to make sure of that.

So, what’s in it for homeowners? At the moment, fast cash without having to worry about monthly payments and a small chance to profit should the property values dramatically increase from the time of investment. Of course, quantmRE funds are on the line if the property doesn’t appreciate; but if it does, homeowners will typically receive less for the sale of their property than if they had not engaged in a shared equity contract in the first place.

The question is, do these blockchain investment properties make out better than the homeowners? That may be the case. QuantmRE will always make its initial investment amount back, and has the chance to profit from home value appreciation. Homeowners, on the other hand, are automatically in debt—a term quantmRE chooses to refuse—and are then on the line for an even larger balance should their home’s value rise.

The pros? Risk of volatility is reduced, as the tokens deal with only real estate assets instead of other less reliable crypto-investments. When it comes to home improvements, quantmRE is not entitled to a fraction of the property value gains earned from these updates. Homeowners can also pay quantmRE before the sale of their home; however, the company may add provisions to ensure they don’t take a loss in the case of unfavorable market conditions. Although quantmRE’s website states that tax consequences are not known until a future date, homeowners should speak to their tax advisors to confirm before participating.

As with most investments, profitability is determined on a case-by-case basis. While this is a chance for homeowners to participate in a blockchain-based investment, they should consult a financial advisor to determine if this is the right choice for them or if traditional equity-funded loans make more financial sense.

Liz Dominguez is RISMedia’s associate content editor. Email her your real estate news ideas at ldominguez@rismedia.com. For the latest real estate news and trends, bookmark RISMedia.com.

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$159,995 :: 27118 PLEASANT Drive, Warren MI, 48088

3 beds, 2 baths
Home size: 1,106 sq ft
Lot Size: 7,405 sq ft
Added: 04/14/18, Last Updated: 04/14/18
Property Type: Single Family
MLS Number: 218031114
Community: Warren
Tract: DOVER HEIGHTS
Status: Active

Great home move in ready in the heart of Warren city, This Ranch is close to it all, Large open kitchen with eat in space over looking the family room with gas fireplace and door wall to fenced back yard with 12 x 10 patio and large 25 x 22 garage. 3 bedrooms and 1 full bath on the entry level and a large living area with hard wood floors. Huge rec room area in lower, dining room area as well as a second full bath. Large laundry area with updated water heater, furnace, and central air. Appliance stay, flat panel tv’s are excluded but wall mounts stay. 1 year home warranty included! Book your showing today!!

Listed with Market Max America


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$129,000 :: 21552 MASCH, WARREN MI, 48091

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3 beds, 1.1 baths
Home size: 1,060 sq ft
Lot Size: 11,325 sq ft
Added: 02/05/18, Last Updated: 04/14/18
Property Type: Single Family
MLS Number: 58031339567
Community: Warren
Tract: S/P MASCH FARM
Status: Sold

Beautiful full brick home. With newer Windows, roof, furnace, water heater, central air, 3 car driveway, garage door, private fenced yard, back patio. Very nice kitchen with lots of cabinets, elevated dishwasher for easy load, plenty of counter space, garbage disposal, eating area, with door wall over looking patio and backyard. Make this one your home. Most of the updates were done in the last few years. Stove and refrigerator in the garage we’ll stay.

Listed with Realcom Realty,Inc


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$58,000 :: 8104 BUSKO, WARREN MI, 48093

3 beds, 1.1 baths
Home size: 1,010 sq ft
Lot Size: 0 sq ft
Added: 04/13/18, Last Updated: 04/13/18
Property Type: Condo/Townhouse/Co-Op
MLS Number: 58031344670
Community: Warren
Tract: LEXINGTON TOWNHOUSES
Status: Active

CLEAN & UPDATED, 3 BDRM, 1 1/2 BATH TOWNHOUSE, W/HUGE KITCHEN. RECENTLY REPLACED KITCHEN FLOOR & COUNTERTOPS. FRESHLY PAINTED. NWR FULL BATH. SPACIOUS KITCHEN, PULL-OUT SHELVING. OPEN LIVING ROOM. HARDWOOD FLRING. NWR CENTRAL AIR. STOVE, REFRIGERATOR, FURNACE & HWH PROVIDED & MAINTAINED BY COMPLEX. ALL PROPERTY TAXES, HEAT, (GAS), WATER, MUCH INTERIOR & ALL EXTERIOR MAINTENANCE INCLUDED IN FEE. ELECTRICAL & PLUMBING FIXTURES MAINTAINED BY COMPLEX. NEWER WINDOWS, ROOF, SIDING, FURNACE. WASHER & DRYER. FULL, CLEAN BASEMENT. PARTIALLY FENCED YARD. NICELY LANDSCAPED. CLUBHOUSE. VERY WELL KEPT COMPLEX.

Listed with Century 21 Town & Country-Shelby


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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$60,000 :: 7267 CONTINENTAL, Warren MI, 48091

Property Photo

3 beds, 1 bath
Home size: 1,000 sq ft
Lot Size: 4,791 sq ft
Added: 02/19/18, Last Updated: 04/11/18
Property Type: Single Family
MLS Number: 21415347
Community: Warren (50023)
Tract: PIPER’S VAN DYKE # 02
Status: Sold

Very spacious 3 bedroom bungalow located in Warren. Large 2 car detached garage. Owner is in the process of painting throughout and installing new carpet upstairs. Great home for the value. BATVAI.

Listed with ReLifeHomes RE Inc


Brought to you by Janet Hull and Thomas Bush, Real Estate One, Inc.. Call me today at 1-855-Janet-Tom, or visit my website at www.JanetandThomas.com!


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