Sam Zell, the billionaire investor who made his fortune in real estate, told Bloomberg News yesterday that he expects the U.S. housing market to start recovering at the end of 2010 and strengthen in the middle of 2011.
Zell, who according to the Forbes' tally is the 237th richest person in the world, said, "Conditions are getting better, but there's a lot of uncertainty. The real question is: Can confidence return enough so that what you call the green shoots can continue forward?"
Zell said he expects more turmoil in the commercial real estate business, pointing toward General Growth Properties Inc., the mall owner that is fighting a takeover, as an example.
Source: Bloomberg, Rita Nazareth (03/16/2010)
The decline in home sales in February was a disappointment to the housing industry, but Fannie Mae's analysts say it is temporary and a sustainable turnaround is likely by the end of the year.
Fannie Mae Chief Economist Doug Duncan points to evidence that a recovery is on its way, including an increase in consumer spending, an improving service sector, and the likelihood that employers will begin hiring soon.
"More favorable financial conditions overall keep us optimistic that we are moving forward with the recovery, albeit at a lower trajectory than previously forecast," Duncan said in a statement.
Source: Fannie Mae (03/17/2010)
Potential buyers of short-sale homes might consider waiting until April 5th before making a formal offer.
That's the date the federal government will begin offering lenders financial incentives to hasten the process. Under the new rules, banks will seek a BPO before the property is listed for sale and let the sellers know a minimum number they are willing to accept. If the sellers bring a buyer with a good offer, the lender must accept it within 10 days.
Not all sellers are eligible for the program, dubbed the Home Affordable Foreclosure Alternatives (HAFA), but enough are that it is probably worth waiting.
Source: The Wall Street Journal, June Fletcher (03/19/2010)
On October 31, 2009, the Kimberly Business Owners Association (KBOA) and the Future Farmers of America will be sponsoring a Halloween Celebration which includes a Halloween Carnival, Haunted Stage, Parade and a special event known as "Trick or Trunking.

The Kimberly, Idaho Halloween festivities kick off at 3:00 pm with a Halloween Carnival and and a kid friendly Haunted Stage in the old gym at Kimberly Elementary School. At 5:00 pm children are invited to join in on a Halloween Parade from the school, down Main Street, to the Kimberly City Park where juice and hot dogs will be served.

After dinner, the children are invited to go "Trick or Trunking". Bill young, your Kimberly, Idaho Real Estate Agent and member of the KBOA, as well as other KBOA members will have their decorated vehicles located around the park handing out treats to the kids from their trunks.

Don't miss out on what promises to be a very special Kimberly, Idaho Halloween Event!

These helpful, money-saving home improvement ideas are brought to you by Bill Young, Real Estate Agent, Magic Valley Realty, Twin Falls/Kimberly Idaho, southernidahomes@yahoo.com and Home Warranty of America,
REDUCE ASTHMA TRIGGERS IN YOURHOME
Millions of children have asthma. It causes hospitalization and chronic problems. But
there are ways in which you can reduce, even eliminate problems in your home that may
trigger attacks.

Asthma is triggered by something in the environment from tobacco smoke to cold
weather, even stress. Here are some basic methods of combating it.

Dogs and cats are cherished pets, and if you have them and family members with asthma,
you must keep fur and feathers out of the house, especially in the bedrooms. While some
animals may naturally cause less dander, all have it. Your pets will also need to have
their Saturday night baths, every week, in order to reduce this danger, even kitty.
Keep humidity levels in your home appropriate, 30 to 50% to reduce the growth of mold,
and create a comfortable home. A leaky roof needs to be fixed, pipes and windows too,
and be careful your houseplants are not creating mold.
A delicate subject, but important is cockroaches. Keep kitchen and eating
areas free of uncovered food and crumbs. Extermination may be necessary,
but if you don't remove the food sources, they will return.

Lastly, when pollen counts are high stay indoors and use air conditioning
systems.
Ask your REAL Estate Agent, Bill Young to send you other informative articles such as reducing dust
mites in your home and how to eliminate mold. Asthma is triggered by something in the
environment from tobacco smoke to cold weather, even stress.
When you tackle painting or finishing projects in the house, use products with no or low
volatile organic compounds (VOCs). These chemical emissions can trigger attacks along
with other odors such as perfumes, deodorizers you use throughout the house, cleaning
chemicals, even body powders. Buy green cleaning products or save money by making
your own!
It goes almost without saying that tobacco smoke inside your home, when family
members have asthma, is not recommended. And while you believe that smoking outside
is OK, even the smell on your clothes can be detrimental to asthma sufferers.
Secondhand smoke is a big problem for children.
These articles from Bill Young, Real Estate Agent, Magic Valley Realty, Twin Falls/Kimberly, Idaho 208-316-3921, southernidahomes@yahoo.com and Home Warranty of America, Inc., will help you improve your home, creating a healthier environment while saving energy and the planet.
Stay tuned for more!
For mor information about Kimberly, Idaho, click here.


These helpful, money-saving home improvement ideas are brought to you by Bill Young, Real Estate Agent, Twin Falls/Kimberly, Idaho, Magic Valley Realty, 208-316-3921 southernidahomes@yahoo.com and Home Warranty of America,Inc.
XERISCAPING,
WHAT IS IT?
In short, xeriscaping means using creative landscaping to conserve water. The technique
uses native plants which are best suited to the area. While this landscaping technique
started in high drought areas, it is broadening in its appeal in all geographic areas.
What are the Benefits?
• Saving water is the key benefit of this technique. We apply 50% of our
residential water to plants and lawns. This technique can reduce this water usage
by 50-75%.
• Minimal maintenance which consists of occasional pruning and weeding.
• Save on fertilizers and pesticides which are usually unnecessary because
sufficient nutrients are provided by healthy, organic soil.
• Reduce pollution because the more of your yard you xeriscape, the less turf areas
you have to mow, potentially allowing you to change to a reel mower.
• Raise your property value with xeriscaping which can also offset the cost of the
installation.
• Provide a natural wildlife habitat through the use of native plants.
You can start designing your xeriscape yourself, but we suggest you draw out plans
before you begin, or hire a professional designer. Plan your property from an aerial view
if possible.
While we can’t tell you everything about xeriscaping in this article, here are a few more
basic principles and suggestions:
• Study the natural drainage patterns, hills, and valleys of your property. You may
want to add interest through terraces, rocks, timber and other natural elements.
• Think about areas for seating, walkways, outdoor dining and any other activities.
• There are more great ideas for xeriscaping from improving your soil to mulching,
irrigation, groundcover and maintenance. Use Web sources to learn more and
also contact your local nursery who may know designers and can acquaint you
with native plants.
Be sure to check your local
ordinances for landscape
bylaws prior to starting
a project.
These articles from Bill Young, Real Estate Agent, Twin Falls/Kimberly, Idaho,
Magic Valley Realty, 208-316-3921
southernidahomes@yahoo.com and Home Warranty of America, Inc., will help you improve your home,
creating a healthier environment while saving energy and the planet.
Stay tuned for more!
For more information on Kimberly, Idaho, please click here.
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