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Is Now the Time for you to Go Solar Home?

by Tom Stachler,ABR,CDPE - Group One Realty Team

Solar Tax Credit Extended

Lost in all the talk of dropping oil prices and rising interest rates is news that is expected to transform the solar world, and the homes (and bank balances) of those who have (or want) solar energy. A federal tax credit that was set to expire at the end of this year was instead just extended for five more years.

"In a surprise move, recently U.S. lawmakers agreed to extend tax credits for solar and wind for another five years," said Bloomberg News. "This will give an unprecedented boost to the industry and change the course of deployment in the U.S."

The extension means "a 30% federal tax credit offered by the EPA and Department of Energy to encourage Americans to use solar power" for the next five years," said The Simple Dollar. "If you install Energy Star-approved solar power systems, the credit allows you to claim 30% of the cost as a tax credit for the year you installed it. That amount is taken directly off your tax payment, rather than as a deduction from your taxable income."

The increase in installed solar because of the extension is expected to be substantial.

"Solar will more than triple in size from just more than 24 GW of total capacity to nearly 100 GW by 2020. By that point, there will be enough solar installed to power 20 million American homes," said Ecowatch. "This seemingly routine legislation is historic because it brings the solar industry to the forefront of the conversation about American energy."

Capitalizing on trends

Bloomberg calls this "exactly the sort of bridge the industry needed" to continue absorption trends. With costs continuing down while usage works its way up, it's important to capitalize.

"The costs of installing wind and solar power have dropped precipitously—by more than 90 percent since the original tax credits took effect—but in most places coal and natural gas are still cheaper than unsubsidized renewables," they said. "By the time the new tax credit expires, solar and wind will be the cheapest forms of new electricity in many states across the U.S. The scale of these new projects will help push costs down further and will stimulate new investment that lasts beyond the extension of the credits."

Making solar affordable

Affordability—or lack thereof—has long been a knock on solar, discouraging many from exploring options to traditional energy. The cost of a solar panel can range anywhere from $650 to $900 per panel, according to Todd Davidson, from Clean Energy Collective. Incentives make them more affordable, but that's not the only financial advantage.

"Incentives play a big part. But even without incentives there is ROI, or return on investment," said green-energy consultant Steve Pope on The Simple Dollar. Not to mention the cost savings associated with lower electric bills and the potential for building equity in your Home.

"From what we've seen about homes that go green, installing these assets increases the value of a house by 13%," said Pope. "It does make a difference when you're trying to sell a home. When you're adding solar power you're adding long-term value to your home."

Solar Options

Those who want to add solar panels to their home or incorporate them into a newly built home have options other than Buying them outright.

Power purchase agreement (PPA) - A PPA is a contract in which you pay only for your solar power. Because ownership of the system remains with the solar company, you don't pay for the equipment or installation.

Solar leasing - Lease your system instead of buy, just like you'd do with a car. Low and no-down payment options are available.

Low-interest loans - At a number of different solar companies, you can take out a low-interest loan for your solar system and make payments according to your solar production.

Is solar energy on your radar? Which options might you consider? Let us know in the comments.

 

tom stachler, real estate, one, michigan, homes, houses, condos, for sale, lease, broker, builder, solar, power, options. 

Happy Holidays from Tom Stachler and Real Estate One

by Tom Stachler,ABR,CDPE - Group One Realty Team

Happy Holidays!

Ann Arbor Skyline

May the Joys of the Season
lead the way
to a bright and prosperous
New Year

- + -
Best wishes  from Tom and his Team

 

 

 

 

 
Tom Stachler
Associate Broker & Builder
www.TheRealtyTour.com

555 Briarwood Circle
Ann Arbor, MI 48108
Phone: (734) 996-0000

Know someone looking for the following services?
* Please refer them to one of our many websites *
 

 

 

 

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Helping Build Life Long Relationship - Need Help ? Yes We Can be.....

by Tom Stachler,ABR,CDPE - Group One Realty Team

Always Here to Help - Let us Hear from you for Any Reason

I am inviting you to stop by our website often at www.SalineRealty.com where I post blogs and other information in my effort to keep the community informed about what is happening in the local real estate market.

Also, I just wanted to take a moment to let you know that I value you and your good will.  I hope someday we will have the opportunity to work together again however, building life long relationships is what gives me the greatest joy and satisfaction in my career as a Broker/Realtor®.

I would be happy to mail you a copy of my personal brochure to give you a little more background information about me and my business philosophy.  I hope you will take a moment to request and later read it.  My objective is to become your Realtor®/Broker long before you actually need one.  I hope when you have a real estate need, question or contractor discount referral,  you will give me the opportunity to help you even if its just a recommendation or perhaps guide you to one of the many resources found on my various websites that are also just waiting to serve you. 

Even if you aren’t planning to buy or sell a Home for years, I want you to feel comfortable calling me if you have any questions about real estate, your home care or the community.

I am here to help you in any way I can. 

I look forward to building Life Long Relationships with the people I meet.   We can also help with finding or marketing any property as a trusted advisor.  

We don't sell Real estate, rather we smoothly help people change their lives.  

Click this link if you are Looking for Real Estate for Sale in Ann Arbor Michigan or the surrounding areas

Looking for a quick ballpark price on your property?  Get instant automatic Results......Try our new self serve web service at www.MyPrice.Guru and let us know what you think.  

Have a great day!   

 

 

 

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The Largest Homes in America

by Tom Stachler,ABR,CDPE - Group One Realty Team

What size Home is right for you?    See anything you like here?

Feel Free to click on the bottom right corner of the view frame above for a Larger Image

Search for your home if whatever size you are looking for in Michigan by clicking here and let us know when you are ready to setup a tour.  We look forward to meeting you.  

Have a Great Day and thanks for Stopping.  

April Real Estate Market Report for Ann Arbor and Saline Michigan

by Tom Stachler,ABR,CDPE - Group One Realty Team

Keeping track of the market and checking its pulse?  See below

 

Thanks for watching.  Give us a call for more information or if you are looking to sell or buy property.  Have a great day!

 

 

tom stachler selling property and homes in ann arbor michigan and saline michigan providing you with this market report for april 2014 thomas real estate for sale

Tom Stachler's Monthly Market Update for Ann Arbor Real Estate

by Tom Stachler, Real Estate One Ann Arbor

Dan's Monthly Broadcast Message shown below.  

Check the Links above for MLS access to the entire listing inventory that are for sale from every company and bank.  They all are included in this database.  Let us know if you would like to setup a showing appointment.  

Michigan Monthly Market Report - September 2013

by Tom Stachler,ABR,CDPE - Group One Realty Team

Michigan Monthly Market Report - September 2013   

August continued the trend we outlined last month in each geographic area and price range with the market continuing to improve over last year, but at a slower rate. The pace of sales and of new listings entering the market are increasing and values are improving. New buyers are still outrunning new listings, so inventories continue to fall (with the exception of Washtenaw County and Northwest Michigan, where inventories have risen slightly).  

The overall Months Supply of Inventory hit another record low at two months and values have risen to a five-year high. Some select markets are approaching their peak 2005 values. This is, of course, all a result of what is really an overheated market. A market that moves too far ahead of the pace of the overall economy will eventually be headed for a fall, so the waning of this crazy pace to a more normal growth rate is good news for all. 

The Fall starts the seasonal slow down for Home sales so we can expect fewer multiple offers. We will still see the vast majority of homes (over 85%) sell within 90 days or less. For Buyers in a bidding war, our rule of thumb has been, “as long as the offer is at or below the peak 2005 value, the overbid is a safe bet.”

I have included two charts, Comerica’s local economic trend and the latest Case-Shiller value trend. Both show good news for housing and our local economy.

The Comerica Michigan Economic Activity Index continues to show strong growth through this summer, surpassing the prior 2007/08 high points. This represents the fuel for sustaining our local housing growth trends.

Case-Shiller shows Detroit with one of the highest year-over-year value growth rates. Although we are the only major city still below our 2000 value baseline, that is heavily influenced by the decline in values for the city of Detroit (the good news is city values are rising quickly again). The typical Southeast Michigan market is at or above 2000 values.

With Fall quickly approaching, I want to thank you for your support and interest this past summer season.

 

Interested in new listing updates?  Just click on the link above "Get Listing Updates" to receive new listings the day they come out automatically.  You can also contact us by using one of the options found after clicking on our home button above or call our office direct line at 734-996-0000 and ask for Tom Stachler.

 

Ann Arbor Real Estate Market Status Update

by Tom Stachler,ABR,CDPE - Group One Realty Team

Check out this Video from Our Company President

Get Ann Arbor Property Listings here.   Let us know how we can help or check out the Info Links listed above.  

 

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Google Maps Street View

by Tom Stachler,ABR,CDPE - Group One Realty Team

Tips Using Google Mapping and Street View

Technology is great and mapping has come a long way with 3D and street view images.  I am now able to see the Home I am going to using street views on my GPS that uses Google Maps for instance.  (though I generally already have it on my listing sheet)

Anyway, sometimes folks don't want their house shown, or maybe their car was in the driveway showing their license plate etc.  Want your house, face or license plate blurred on Google Maps Street View? Google makes it easy to request blurring. Here’s how to make a request:

Let’s pretend you want to blur the white building above. You’d focus the street view on the appropriate image and then click ‘Report a problem’ in the lower right.

Upon clicking ‘Report a problem’, you’ll see the screen above. If you want the white building blurred, click ‘Privacy Concerns’ and you’ll advance to the next screen.

Now complete the form, fill out the CAPTCHA at the bottom of the page, and hit ‘Submit.’ According to its official documents, Google will review the request promptly.

Click here to view Real Estate for Sale in Saline Michigan and the surrounding areas.  Let us know if we can help with any or your realty needs or check out the handy Links found on this website.  

 

 

 

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Michigan Real Estate for Sale Monthly Report

by Tom Stachler,ABR,CDPE - Group One Realty Team

Michigan Monthly Market Report – April 2013

For the first quarter of 2013, Michigan is still a leader in the housing recovery but a number of states have caught up, extending the housing recovery across the nation. Throughout the state we are seeing inventory shortages and rising values. Southeast Michigan remains the most active with the lowest inventory and strongest buyer demand. A new term is being used in the industry: the Shadow Demand. Like the Shadow Inventory which represented the potential bank-owned homes that could go on the market, the Shadow Demand represents the pent-up Buyers who have been holding back for the past 5 years. While the release of the shadow bank inventory has been slow and steady, the Shadow Demand seems to be jumping in all at once. 

We expect a shortage of homes for sale throughout 2013 and 2014 with inventories rising and demand slowing down a bit in 2015 as interest rates increase and the Shadow Demand is dissipated. How quickly Home inventories will raise depends on two factors: the pace of appreciation, and more importantly, how quickly Sellers realize that home values are improving. For many Sellers, values have risen enough that it makes sense to sell now, particularly if you are also Buying

For anyone who has purchased a home in the past four years, particularly investors, it is a great time to test the market. You should be pleasantly surprised on the potential return on your investment. The same holds for those who leased their homes, waiting for the values to rise.

Historically, with low For Sale inventories, home builders fill the gap. So far, local home builders, which traditionally make up the majority of new construction, have had difficulty obtaining financing so they have not been able to supply any inventory relief.  

Following the market trends over the past three years, you can see values have been moving off the bottom since the spring of 2011 and gaining speed these last three quarters.

Charts: Average Cost per Square Feet

The next two charts show both the decline in the number of new home listings entering the market as well as the increase in the number of homes being placed under contract. It is interesting to note the declining bank-owned share of the market. 

Charts: Home Listings Entering the Market & Home Listings Placed Under Contract

The result is a big increase in Sales Absorption, which is the percent of the available homes being sold each quarter. Considering that about a third of homes for sale are not really saleable because of condition, motivation or price, a 44% rate this past quarter represents a true absorption of closer to 70%, which is the driving force behind the double digit appreciation rates.

Chart: Sales Absorption

As a company we continue to gain a bigger piece of the pie, and most importantly, we are gaining market share in the number of new listings taken. We are working hard to reach out to you, our clients, and show you the opportunities in this market. 

It is important to note in this improving market that a decline in the number of sales reflects the shortage of inventory, not a market slowdown.

If you would like more information on the market, like to list your property, or want information on any property with any broker, you may call or email at anytime. Click here to View Ann Arbor homes for Sale including the surrounding areas of Saline and Dexter.  

Thank You for your time and consideration.  

 

 

 

 

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Displaying blog entries 1-10 of 51

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