Is It Possible To Have A Hurricane-Proof Home?

Is It Possible To Have A Hurricane-Proof HomeThe recent total devastation of the Bahamas by hurricane Dorian reinforced the need for hurricane-proof homes in areas that are subject to this risk. Building codes have not kept up with the increasing severity of the weather.

Wind Damage

As an example, Florida communities, such as the Miami-Dade County area, have building codes that are designated by risk zones.

The risk zones in Miami-Dade County are:

  • Risk Category I – Buildings must be able to withstand 165 mph winds.
  • Risk Category II – Buildings must be able to withstand 175 mph winds.
  • Risk Category III – Buildings must be able to withstand 185 mph winds.

These building codes were last updated in 2010. Broward County in Florida has these same risk categories; however, the wind speeds are 10 mph lower for each category. Other parts of Florida have building codes that are even lower than these standards. Dorian reached a 183 mph wind speed. It stayed over the Bahamas for over fifty hours with these winds.

Water Damage

Water damage from hurricanes is more severe than wind damage. The storm surge for Dorian reached over 23-feet high in some places.

Hurricane Proofing

To withstand hurricane-force winds, the structure must be able to handle 180+ mph winds over an extended period. Damage done by the wind includes all the projectiles and debris being blown about. Some homes in the Bahamas had vehicles blown through walls.

The main consideration for wind damage is to use wind-resistant, shatter-proof glass for windows that are also protected by steel shutters, which can be closed when a hurricane is coming. These shutters close to protect other openings such as doors as well. Walls should be thick, reinforced concrete, especially the lower floors that need to resist both the wind and the water.

Water is going to come into the lower two floors of a home on the beach, so beach homes need to be at least three stories high. This may be challenging in some areas because of the building-height restrictions that are in place to prevent blocking other neighbors’ views of the ocean.

The idea is to make to bottom floors able to withstand water entering the home as if it is a swimming pool. When a hurricane is coming, you can move all the items from the lower floors to the upper floor.

In Holland, where many of the coastal cities are at sea level, their solution is to have homes that float. These homes near Amsterdam are like houseboats that are moored down very strongly so that they can rise with the storm surge but not float away.

Summary

There is not a 100% certain way to make a home completely hurricane-proof; however, there are examples of well-built homes that are the only ones left standing when the entire neighborhood is devastated by a hurricane.

When considering a home on the coast, it is better to build a new home to very high standards regardless of the building codes. In all coastal areas, building codes need to be updated to make the hurricane standards more robust because hurricanes are becoming stronger and more frequent.

If you are interested in buying a new home or refinancing your current property, be sure to consult with your trusted home mortgage professional.

4 Reasons to Take Your Own Car When Viewing Homes

4 Reasons to Take Your Own Car When Viewing HomesWhen you’re in the market for a new home to buy, your real estate agent will likely invite you to ride along with them to view homes. This is a convenient courtesy, but you may want to reconsider. Your other option is to follow the real estate agent in your own car instead.

Here are some reasons to take your own car when viewing homes:

1. It Gives You Time To Confer With Your Partner

After you’ve looked at one house, getting back into your private vehicle with your partner allows some time to openly talk about the house you just saw without worrying about how it may influence others. 

2. It Lets You Drive Slower

Real estate agents do quite a bit of behind-the-scenes preparation when showing homes. They may have driven to a property several times before they bring you to see it. As such, they may drive with the intent of “getting there,” while you may might like to drive slower so you can see more of the area.

When you follow behind in your own car, you can take your time or even slow down more if you see something of interest, like a park or an interesting coffee shop.

3. It Lets You Contemplate Specific Features

When you get back into your own car after viewing a house, you and your partner can sit in comfortable silence if you wish to think about certain features you really liked. This is also an opportune time to make mental notes of features you’d be interested in seeing in future houses. Once you get your list together you can talk about it later with your real estate agent.

4. It’s More Convenient If You Decide To Make An Offer

Let’s say you’ve just seen the house that you are positive you want to buy. You ask your agent to make a formal offer. Now the agent has to head back to the office to submit the offer.

If you’ve driven your own car, you can simply part ways and you go back to work or home and await the results. Otherwise, there’s a delay on the submission while the agent drops you at your house first.

The next time you spend an afternoon looking at houses with your agent, consider taking your own car. As you can see, it’s the smart option.

Partnering with a trusted home mortgage ptofessional is another important part of your home buying experience. Be sure to make contact to discuss current financing options and to get your pre-approval before you start house-hunting.

New Home Prices Going Down Making Them More Affordable

Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more New Home Prices Going Down Making Them More Affordablemodestly priced. The demand for smaller, less expensive homes is growing, while the overall demand for new custom homes is declining. Prices decreased slightly, by about one-half percent, from the price levels in 2018 for newly-constructed homes.

Lower Profits For Builders

The median price for a newly-constructed home in America is $372,900. The median sales price of an existing home is $309,700.

American construction companies are feeling the pressure to build lower-priced homes along with the increased costs for imported building materials due to the tariffs and a labor shortage. This is lowering profits for the construction companies, yet creates a buying opportunity for those looking for a new home.

Lower New Home Inventory Levels

These pressures caused new home inventory to decrease by 1% from the 2018 levels. To put this in perspective, the inventory of new homes only decreased this much in 2013. Even though mortgage loans are easier to come by than a number of years ago, there is not the same demand as before for new homes. Perhaps, this is an advance indicator of an upcoming slowdown.

Down-Sized Demand

The U.S. Census reports that the average size of a new home went from 1,660 square feet in the 1970s to 2,687 square feet in 2105. In 2018, the average size of a new home was only 2,386 square feet.

During 2018, there were around 119,000 contractor-built single-family new homes that started construction and over 840,000 that were completed.

Other interesting trends reported by the Census about the 840,000 new single-family homes that finished construction in 2018 include:

  • 783,000 of the new homes have air-conditioning installed, which is 93% of the total.
  • 778,000 of the new homes have wood frames.
  • 59,000 of the new homes have concrete frames.
  • 336,000 of the new homes have a heat pump.
  • 270,000 of the new homes have a porch or patio.
  • Only 10% or 84,000 of the new homes have two bedrooms or fewer.
  • About half or 376,000 of the new homes have four bedrooms or more.
  • 31,000 of the new homes have one and one-half bathrooms or fewer.
  • 306,000 of the new homes have three or more bathrooms.

Conclusion

Builders who offer smaller, lower-priced homes are still experiencing strong demand. In fact, the demand for these modest homes is growing. This trend is likely to continue for the time being.

If you are in the market for a new home or interested in refinancing your current property, be sure to contact your trusted home mortgage professional.

4 Simple Tips For Staying Organized With Kids

4 Simple Tips For Staying Organized With KidsIt can be challenging to be organized when you have children. But this is only because, as a devoted parent, you want to be sure your child has everything they need to become happy, well-rounded adults some day.

This usually means you’ll be bringing your kids to extracurricular activities, play dates, fun events and family outings. It also typically means that over the years there will be a steady stream of school supplies, toys, new clothes and maybe even a musical instrument or two. So how can busy parents stay organized with kids? 

Share A Calendar

Depending on how you prefer to organize your days, consider sharing a digital or paper calendar with the entire family. Family members can add events as needed and everyone can access the latest updates. This way, no one gets caught off guard when the dinosaur diorama is due on Monday morning or your child’s ballet recital gets moved from Friday to Saturday afternoon.

Don’t Be Too Detailed

Toys and art supplies have a way of ending up on the living room floor no matter how many tidy storage bins are in your child’s room. Try keeping a large wicker laundry basket in the corner of the living room and let your child pile their things randomly inside the basket. This allows for fast cleanups and doesn’t require you to supervise the “organization.” It also lets smaller kids feel like they’re being a big kid by helping to straighten up.

Store Papers In Accordion Files

Keep accordion folders on hand in the kitchen for when your child comes home with artwork or papers with A grades. Have one accordion file for each month, because they will fill up fast. At the end of each month, go through and filter out anything you don’t want to save permanently. With this method you’ll automatically have your child’s best papers saved according to date.

Do Things On The Same Day

It’s surprisingly helpful to make a practice of always doing certain things on certain days. For instance, every Saturday is bath night, or every Wednesday is change the sheets day. This lets kids know what to expect in their lives and makes it easier for parents to remember things. 

Children add so much joy to parents’ lives. When you’re organized, you’ll probably find that you have even more time to share with your little loved ones.

If you are in the market for a new home or interested in refinancing your current property, be sure to contact your trusted home mortgage professional to discuss current financing options.

 

 

 

 

How Long Should I Spend Looking For a New Home?

How Long Should I Spend Looking For a New HomeWhether you’ve been looking for a home for a long time now, or you’re just about to get started on the hunt, you’re probably wondering how long should you spend looking for a new home. Does it take weeks to find your forever home, or months or even a year? What’s typical?

There Is No Typical

The reality is, there is no typical amount of time it takes to find your home. There are too many variables, including how actively you’re looking. Maybe you’ve heard horror stories of people who’ve been hunting for a house for a year. But come to find out, they’ve only really devoted one weekend a month to looking at houses.

Or you’ve heard of a couple who found their dream home in just two days. Well, odds are they spent many nights online, sifting through hundreds of house images and only went to see a handful of homes in person which really met their search criteria.

The Market Plays A Part

It takes longer to find a home when the market is slanted toward sellers. In times like that, there’s less inventory and the houses that are available may be out of reach financially. Keep looking, though, because your real estate agent may find the ideal house on the market from a motivated seller who’s wiling to come down on the price. Hang in there and you’ll find your dream home in any market.

Does Your Dream Home Exist?

If you feel like your home search has been dragging on despite a favorable market, it could be you’re looking for something too elusive to find. Maybe it’s not the houses you’re dissatisfied with, but something else. You may be unconsciously trying to recapture something you’ve lost, like your old childhood neighborhood or a feeling of community.

These are all valid desires that you can acquire with the right home in the right place. Try to identify what you’re really looking for so your real estate agent can help you find it. 

When it comes to finding your home, it takes as long as it takes. Be sure to secure your pre-approved financing with your trusted home mortgage professional and enjoy the process. Communicate with your real estate agent and try to keep an open mind. One day, when you least expect it, you’ll walk through the doors of your next home for the first time.