Tuesday, April 26, 2016

Washington and Oregon make the list for top 5 Green States!

2016's Most Eco-Friendly States

In honor of Earth Day, WalletHub determined the greenest states in the nation, looking at everything from air and water quality to energy consumption.

In some states, green behaviors aren't just practiced on Earth Day--some states focus on constructing LEED-certified buildings and keeping their air and water quality high year round.
Conserving resources has become a priority of many builders, as climate change, droughts, and fuel prices affect both the environment and economic conditions of some major home building markets. Texas was plagued by plummeting oil prices and the state of California found itself facing a hardship regarding how to conserve water as things dried up in an historic drought. Builders responded to the environmental challenges with drought-busting homes, like these four here, and ways to apply energy-saving techniques and products to home building.
Some states have been more successful than others when it comes to conserving the environment. WalletHub, a personal finance site, ranked all 50 states based on 17 key factors to find which states in the nation are the most "green" and committed to the environment. The site examined metrics such as air, water, and soil quality, number of LEED-certified buildings per capita, energy consumption and its percentage that comes from renewable sources, gasoline consumption, and percentage of waste including trash and recycling.
Overall, Vermont was considered the most green state for its high air quality and minimal solid waste per capita. Washington, Massachusetts, Oregon, and Minnesota followed Vermont as the top five most green states. Wyoming was the least green state, followed by North Dakota, Montana, West Virginia, and Nebraska in spots 46-49.
Washington and Minnesota had some of the highest water and soil quality among states in the country, compared to states like Arizona and New Mexico which fell in the last two spots for soil quality with soil that was 25 times worse than that of the best state, Michigan. Meanwhile, Hawaii and New York ranked poorly for water quality (click here to see BUILDER's map of the best and worst regions for water conservation).
However, Hawaii redeemed itself when it came to construction—the state has the second highest number of LEED-certified buildings per capita behind New Mexico, while Nebraska and Iowa were the two states with the least.
Maine, Oregon, South Dakota, Washington, and Montana have the highest percentage of energy consumption that comes from renewable energy sources, with Maine's share being 17 times higher than the state of Delaware's, which has the lowest percentage of energy consumption from renewable energy sources in the country. Rhode Island and New York are the two states with the lowest energy consumption per capita, compared to Wyoming and North Dakota, the two least green states over all, which use the most energy in the country.
Maine took the number one spot again for having the highest percentage of recycled municipal waste, which is 48 times more than that of Louisiana, which held the bottom seat in the ranking.
Some of these practices are more or less important depending on which environmental factors some into play in different areas of the country. Mary F. Evans, an environmental economics professor at Claremont McKenna College, says, "It’s difficult to prioritize the various actions people can take to contribute to environmental quality as the benefits (and costs) of actions are likely to vary across individuals and geographic locations. For example, someone in Los Angeles who installs solar panels on her home and lowers her water consumption will have a different impact than another person who takes the same actions but who lives in Chicago."
Nancy Engelhardt Furlow. professor of marketing at Marymount University, agrees that location of markets plays the most essential role in determining where environmental efforts should be focused. "For example, in California, lowering water consumption is a high priority, but in states near the Chesapeake Bay, responsible use of pesticides and fertilizers is a high priority. Solar panels may be a great option in the West but not as popular in other areas. The activity may differ depending on the location, but environmental education is essential. The challenges for each location are different, and unfortunately, there isn't a one-size-fits-all solution."
How did your state rank for environmental friendliness? Click on WalletHub's interactive map below to see the overall "green rank" for each state in the nation:
Source: WalletHub

Wednesday, April 20, 2016

Copper Creek Homes now Building in Mayers Estates Felida WA from $419,900

 Copper Creek Homes now Building in Mayers Estates Felida WA from $419,900

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GAINS March home prices at post-crash high as home sellers in March on average sold for $30,500 more than they paid, a 17% average gain.

GAINS

March home prices at post-crash high as home sellers in March on average sold for $30,500 more than they paid, a 17% average gain.

Copper Creek Homes is located in the Portland Metro Area, specifically Vancouver WA.
RealtyTrac, the Irvine Calif. purveyor of housing data, said Wednesday that its March and Q1 2016 U.S. Home Sales Report shows that U.S. home sellers in March on average sold for $30,500 more than they paid, a 17% average gain — the highest average price gain for home sellers in any month since December 2007 at the onset of the Great Recession.
According to the report, among 125 metropolitan statistical areas with at least 300 sales in March, sellers netted the biggest average gains in San Francisco (72% average gain); San Jose, California (60%); Boulder, Colorado (53%); Prescott, Arizona (51%); and Los Angeles (48%). Rounding out the top 13 were Denver (42%); Portland (40%); Austin (40%); Seattle (38%); Baltimore (38%); Riverside-San Bernardino, California (37%);San Diego (36%); and Sacramento (35%).
The median sales price of single family homes and condos in March was $210,000, up 9% from the previous month and up 11% from a year earlier. March was the 49th consecutive month with a year-over-year increase in the U.S. median home price, which is still 8% below its previous peak of $228,000 in July 2005.
Among metro areas analyzed in the report, 36% have reached new all-time home price peaks since January 2015, including seven markets that reached new price peaks in March 2016: Boulder, Colorado; Denver; Portland; Fort Collins, Colorado; Austin, Texas; Greeley, Colorado; and Cincinnati, Ohio.
“Home sellers in many markets are now seeing average price gains close to or above what home sellers experienced during the last housing boom,” said Daren Blomquist, RealtyTrac senior vp. “That should encourage more homeowners to take advantage of the prime seller’s market and list their homes for sale this year."
He noted that banks are taking advantage of the market, causing an uptick in the distressed sales share over the last two quarters.
“Given that bank-owned homes are selling at a median price that is 40% below the overall median sales price nationwide, the uptick in distressed sales combined with affordability constraints are contributing to faltering home price appreciation in some markets — most notably the bellwether markets of Washington, D.C. and San Francisco” Blomquist added.
Still, there were laggards. In 19 markets (15%) sellers in March on average sold for less than what they purchased for, led by Rockford, Illinois (11% average loss compared to purchase price); Winston-Salem (10% loss); Cleveland (8% loss); Columbia, South Carolina (7% loss); and Wilmington, North Carolina (5% loss). The rest of the bottom 11 markets with average seller losses in March included Memphis (4% loss); Milwaukee(4% loss); Chicago (3% loss); Cincinnati (3% loss); Birmingham, Alabama (2% loss); and Flint, Michigan (1% loss).
The RealtyTrac Home Sales report is based on publicly recorded sales deeds collected and licensed by RealtyTrac in more than 900 counties nationwide accounting for more than 80 percent of the U.S. population.