Here are the top 10 cities for women entrepreneurs
May 13, 2013

Rebecca Grant

Women in entrepreneurship is a hot-button issue right now. Women represent a significantly smaller number of executives and entrepreneurs then men, and far fewer women aspire to positions of leadership.

Intuit published an infographic today presenting the top cities for female entrepreneurs as well as some interesting statistics about the state of women-owned businesses in the U.S. The report looked at median education levels, unemployment rates, income, population and percentage of business owned by women in each city to provide an overall score for female entrepreneurship.

intuit infographicSan Francisco ranks number one, followed by Seattle, Washington, D.C., Minneapolis, and Portland. Washington, D.C., has the highest percentage of women-owned businesses at 34.5 percent, while Austin had the lowest unemployment rate. Chicago and New York did not even make the top 10. Of 552 female business owners surveyed, 66 percent said they are most optimistic about growth and revenue for 2013 than they were in 2012.

Facebook’s chief operating officer Sheryl Sandberg set off ripples of discussion with her recent book, Lean In. In the book, she said women professionals often don’t command the respect they deserve and hold themselves back from climbing the career ladder. This issue extends beyond the tech community, where there is a major shortage of women engineers. Women all over the country cite a low confidence, negative workplace culture, and a lack of mentors as other reasons, which is why Sandberg promotes women coming together in groups for discussion and support.

Studies have shown that gender and ethnic diversity in a workplace strengthens decision-making and diverse teams tend to be more innovative and efficient. Intuit also made a few suggestions along these lines, including finding and being a mentor, asserting yourself, and building a network of female entrepreneurs. Even if the environment for female entrepreneurs is evolving, there is still a long way to go.

Photo Credit: Alaina Percival/Women Who Code
Read more at http://venturebeat.com/2013/05/13/here-are-the-top-ten-cities-for-women-entrepreneurs/#RbG8rvJbi4wPHBXS.99

The numbers are up!! The number of closings, the median sales price, and the number of cash buyers has increased in the Tampa Bay county of Pinellas, Florida. The median sales price of single family homes has increased $7000 from last month alone and it is a 9.8 % increase from last year at this time.  The average sales price for a single family home is now $204,598 and the sellers on average are receiving 93% of asking price with some properties receiving multiple offers within hours. Over 45% are all cash purchases too.  The medium sales price for condos/townhomes is up $9000 from last month and an increase of 21.8% from last year.  The average sales price for condos & townhomes is now$155,515 with over 75% of those sales being all cash. Sellers are receiving on average 91% of asking price with many properties receiving multiple offers and some receiving over asking price. By the way, less than 1/5 of all sales were short sales, foreclosures or bank owned REO’s. The amount of inventory for sale is now only a 4 month supply. It is no longer a buyer’s market in our area which includes Clearwater, Madeira Beach, St Pete Beach,  Treasure Island, Tierra Verde to St Petersburg.

Clearwater Beach 3-photo by Annalisa Weller

Clearwater Beach 3-photo by Annalisa Weller

So if you are thinking of selling your home in the near future, now might be one of the best times to do so. Buyers are ready to buy and are having to revise their wish lists of what they want in a home because of the lack of inventory.  For sellers that means less competition and quicker sales if you price it correctly. It is so nice to see the market steadily increasing over the last year. So come on down to sunny St Pete, where we average 361 days of sunshine, hence the nickname of  “The Sunshine City”. We were located on a peninsula between the Tampa Bay and the Gulf Mexico. Life on or near the water is the best!!

I am asked this question several times a month when speaking with others about living in Mexico.
And the answer is YES!!  You may buy real estate in Mexico. With proper advice, it is safe and easy. Non-Mexicans who buy real estate in Mexico do have the full protection of the Mexican law.
The Mexican Flag
In the interior of Mexico, where Mexico City, Cuernavaca, Guadalajara or Lake Chapala are located, one may have direct ownership of property and your own name on the title. One may even name beneficiaries for the property.
In the “Restricted Zone”, which includes land on the coast and close to the borders, Non-Mexicans may still buy property. You must first set up a bank trust (or Fideicomiso) in order to purchase the property. It is not difficult to do so.  All real estate transactions involving a trust are governed by federal law.  A trust or Fideicomiso  is a contract or agreement under which one or more persons conveys property, amounts of money or rights, present or future, of his property to another person, persons or a legal entity, so that it manages or invests assets for their own benefit or the benefit of a third party, called a trustee.It is extremely important to use the services of a Mexican Notary Public. In Mexico, every legal document must be made before a notary public. The Notary Public is a public official appointed by the State Governor. A Notary Public, in Mexico,  has a higher standing than an attorney or lawyer. A Notary Public writes up the trust and then is legally responsible for that document, therefore assuring that everything is properly written and filed.

With proper planning and advice, you too can be a happy property owner in Mexico. I will be a happy owner of property in Mexico in the near future too.

PROVIDENCE, R.I. – April 29, 2013 – Homeownership starts with a desire to achieve the American Dream – to have a home of one’s own. After that, however, pragmatic questions must be answered, such as how much a buyer can afford and whether a bank will be willing to lend them money.
“Buying a home can be one of the biggest purchases a consumer will make,” says Cheryl Nolda, president, Home Lending Solutions, RBS Citizens Financial Group. “A house is the foundation where individuals and families build their lives and make memories.”
Charter One Bank put together a list of home buying tips for consumers who have decided that homeownership is right for them:
• Determine purchasing power. Calculate how much you can afford to spend before you start looking to focus on houses in that price range. The answer depends largely on income and current monthly debt payments.
• Secure your credit report. If there are any credit issues, get them addressed before applying for a mortgage loan. A free annual credit report can be obtained by calling 1-877-322-8228 or going to: www.annualcreditreport.com.
• Do your mortgage homework. Take the time to learn important mortgage and home-buying terms; more importantly, understand what they mean. Investigate the details – What are the additional costs, such as origination or application fees?
• Get pre-approved. A mortgage pre-approval assessment tells you approximately how much money you can borrow from your lender. In addition, many sellers require a pre-approval letter before reviewing a buyer’s offer. (After applying, avoid doing anything that would negatively impact your credit score, such as opening a new credit card or making a large purchase until after the home closing.)
• Buyer’s checklist. Use a homebuyer’s checklist at each house to keep track of important features like amenities, neighborhood and schools. This helps you compare notes and remember the differences and characteristics of each house, especially if you visit several houses in different locations.
• Know the market. When you know local market and home values, you’re less likely to overpay for a property. Use the Comparative Market Analysis (CMA) and full MLS listing details of the most similar comparable properties to help you know how much you should offer. And be on the lookout for owners who are eager to sell and willing to negotiate – this can save you thousands of dollars.
• Home inspection. Hire a professional home inspector to determine if there are any potential problems that can be expensive to repair.
• Have a backup plan. You and a seller may reach a stalemate when negotiating. Consider developing a back-up plan, just in case you are unable to reach an agreement. Define your maximum offer and don’t go over it – there are almost always other homes that will meet your criteria.
© 2013 Florida Realtors®

VIVACinco de Mayo is celebrated throughout the USA as a celebration of Mexican heritage and pride. In Mexico, it is primarily celebrated in the state of Puebla where the holiday is called El Día de la Batalla de Puebla-The Day of the Battle of Puebla. Cinco de Mayo commemorates the highly outnumbered Mexican army’s unlikely victory over French forces at the Battle of Puebla on May 5, 1862, under the leadership of General Ignacio Zaragoza Seguín. The French army had not defeated in almost 50 years!! Viva Mexico!MEXICO!!

Cinco de Mayo is not Mexico’s Independence Day , which is Sept 16th, and the most important national holiday in Mexico.    Zocalo, Mexico City 01-2012

Cinco de Mayo Fiesta Red Mesa Cantina  128 Third St. S, St. Petersburg

One full day of drink specials, live music, raffles and multiple themed bars starting at 11 am

Cinco De Mayo Latin American Celebration Vinoy Park 501 Fifth Ave. NE, St. Petersburg starting at 11 am

The waterfront park wakes up with a Latin flair in festival with live music, dancing on giant outdoor dance floor, Latin dance lessons, a show car and monster truck display, and the Dos Equis beer garden. Food trucks with an array of Latin cuisine for sale from Mexican to Cuba … $10 advance, $13 at the gate, 11 and younger free.

Cinco De Mayo Street Festival and Dance Party Casa Tina  365 Main St., Dunedin, 34698 starts at 11 am

Dress as your favorite Latin character and get out to downtown Dunedin’s annual street festival with a costume contest, Salsa dancing and lessons, a giant puppet parade of 20-foot tall puppets, music by Orquesta Infinidad, Mariachi singer Lily Cortes and Cory McHugh.

Bonnie Raitt Palladium Theater 253 Fifth Ave. N, St. Petersburg at 4 pm ( I know not Latina but still one of my all-time favorites!)

Jackie Bristow opens for Raitt’s 2013 New Zealand “Slipstream” tour. $20 in advance;$25 on event day.

Cinco de Mayo in the Gardens Bok Tower Gardens 1151 Tower Blvd., Lake Wales

Cinco de Mayo celebration in the gardens with a Latin-themed concert featuring the carillon accompanied by a six-piece trumpet ensemble, authentic Mexican food and drinks. $5 per carload

 

Pass-A-Grill Beach, Florida

Welcome to Beach Goes Pops 2013

Friday, May 3rd and Saturday, May 4th, 2013

in beautiful and historical Pass-a-Grille, Florida.

Now in its 23nd year

Beach Goes Pops is produced by The City of St. Pete Beach,

the Pass-A-Grille Community & Vina Del Mar Island Assoc. & 150+ volunteers

2 spectacular nights of FREE concerts

on beautiful, historic Pass-A-Grille Beach in St. Pete Beach, FL.

Major sponsors: City of St. Pete Beach and Bright House Networks.

On Friday, May 3rd  live music, food and beverages from 4:00 - 10:30 pm

with some of the best local performing bands.

  • Located on Pass-A-Grille Beach at 9th Ave and Gulf Way in St. Pete Beach.
  • Vendor booths will be selling food and beverages
  • Danfield will kick off the entertainment Friday afternoon.
  • The Hip Abduction starting about 5:30 pm.
  • The Flats  from 8:00 pm till 10:30 pm.

On Saturday, May 4th Late Night Brass - high energy, big band, jazz sound

Music starts at approximately 7:30 pm until 10:00 pm.

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Countdown – Dead Man Walking:

29 Days remain to visit the St. Petersburg Pier.  On June 1 st, the City is fencing off the Pier at the approach. This is serious business, no one will be allowed on the Pier, no fishermen, no diners, no tourists, absolutely NO ONE!! The City Council met yesterday and decided to postpone the vote to fund the next step of the Lens. Please Visit the Pier today.

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Saturday, May 4th

10 am Kentucky Derby Weekend at Derby Lane: 10490 Gandy Blvd., St. Petersburg

watch the Kentucky Derby at the greyhound track, where every TV in the place will be tuned to Churchill Downs on Saturday. Doors open at the track at 10 a.m. to allow for early wagering. This draws a big crowd at the greyhound track every year.

11 am  Incredible Dog Challenge, Downtown St. Petersburg : 615 Second Ave. N

Athletic dogs from around the country compete in a variety of “Olympic-style” events including high-flying disc routines, head to-head weave pole racing, agility, Jack Russell hurdle racing and dog diving, where dogs take a running leap off of a 40-foot dock into a 19,000-gallon pool.

2 pm Belly Dance Expo at Hip Expression Studio, 2033 54th Ave N, St. Petersburg

Introduction to the basics and provide a brief history, along with the different styles of this art form. Features discussions set for teachers, professionals and performers, a Middle Eastern drum circle, belly dance performanc …$5-$7.

7pm Cinco de Mayo Fiesta Red Mesa Cantina, 128 Third St. S, St. Petersburg

Red Mesa stretches their Cinco De Mayo celebration out to an entire week of activities this year with six nights and one full day of drink specials, live music, raffles and multiple themed bars.

7 pm  Donna the Buffalo at Jannus Live, 16 Second St. N, St. Petersburg

Playing a variety of original tunes and covers, Donna the Buffalo incorporates an accordion, washboard and fiddle into their folk-rock repertoire. $23 in advance; $25 day of.

7:30 pm The Rowdies vs FC Edmonton, Al Lang Stadium, 180 2nd Avenue SE St., St. Petersburg

North American Soccer League

8pm  American Stage in the Park: The 25th Annual Putnam County Spelling Bee: Buy Local Night

Demens Landing, 100 First Ave. SE, St. Petersburg

Tony Award-winning musical tells the tale of a group of overachievers as they compete in a spelling championship. Through May 26. American Stage’s annual play in the park takes place outdoors in Demens Landing. Reserved seats are available for purchase, but it’s just as fun to pack a picnic …$13 advance, $15 at the event Sunday; $18 advance, $20 at the event Friday-Saturday (kids 6 and under free); premiere blankets $24; reserved chair seatings $29. Onstage seating is $35.

How two museums redefine our experience of urban waterfronts.
by Linda Saul-Sena

Dali Museum at Night, St Pete waterfront-photo Annalisa Weller

Dali Museum at Night, St Pete waterfront-photo Annalisa Weller

Tampa Museum of Art-photo jamesostrand.com

Tampa Museum of Art-photo jamesostrand

Two years ago our area’s art scene gave birth to two museum buildings as different as they could be. Both the Tampa Museum of Art and The Dalí have had time to settle into their surroundings, and I wanted to take a look at how they’re holding up, design-wise.

Neither gestation was simple. After pressure from Mayor Pam Iorio, the Tampa Museum of Art’s original architect, Rafael Vinoly, was ultimately replaced by Stanley Saitowitz, and the location changed four times in a process which began in 1998 and finished with a ribbon-cutting in 2010.

The Dali’s process was similarly non-linear. The project of adding on to the warehouse which originally housed the collection was swept aside and a search for a new site was undertaken, with Mayor Rick Baker pushing the deal through. Museum Director Hank Hine said that a waterfront location, which referred back to Dali’s childhood home on Spain’s coast, was a requirement.

There’s a huge opportunity and problem with siting a museum on the water in Florida. Killer views, true, but no one wants their art work to be ruined by a hurricane. Both museums have taken fine advantage of their glamorous water vistas, playing to the sunsets while protecting their collections with thick walls and hardened storage.

Each museum was designed to meet a different need.

Todd Smith, executive director of the Tampa Museum of Art, explains, “We are putting our efforts into expanding our special exhibition offerings, hosting shows from around the world, that would not have been possible to do in our former space. The flexibility of the galleries allows for exhibits to vary from video installations to sculpture, furniture design or photography.”

The Dalí’s collection is its raison d’être. Given the large number of works that the Morses donated to the City of St. Petersburg, which forms the core of the collection, and the prohibitive cost of acquiring anything new, the entire focus of the museum is this individual artist and these particular paintings. The staff has been extraordinarily imaginative in their interpretation of all the ways that Dalí’s life, with its varied obsessions, can be expressed in architecture and landscape design.

Located adjacent to the Mahaffey Theater with its unmemorable Edward Durrell Stone-like facade, the Dalí is a dramatic building. The rough concrete of its three-story rectangular treasure box is pierced with geodesic triangles of blue-green glass, enveloping its eastern and northern sides in an oozing Enigma (that’s what it’s called by the architects, Yann Weymouth and HOK; it’s also the name of a 1929 Dalí painting). The building is dramatic in daylight, but at night it’s hallucinogenic.

The most arresting feature of the interior is the three-story free-standing helical staircase. Dalí was obsessed with DNA, believing it to be a bridge between science and spirit. The elegant shape of the helix inspired the staircase, which took 10 subsequent pourings of concrete over rebar to form. Walking up the stairway really does take your breath away when you round the curve to the south and the vast windows reveal the sailboats and bay.

From the podicarpus maze to the wish tree, a gracefully droopy ficus covered with colorful slips of paper containing written wishes from visitors, to the rocks which echo the severe landscape of his native Catalonia, the outdoor area is aptly named the Avant-gardens. The gardens express Dalí’s obsession with mathematics in the Fibonacci sequence embedded in the paving and the geometric structure of the labyrinth. The selection of cypress and olive trees reflects the artist’s Mediterranean roots. Golden, crated rocks taken from Lake Okeechobee are liberally placed throughout the garden, referring to the central role rocks play in Dalí’s paintings. He loved landscapes — with a twist.

Visiting the Dalí is a delightful mini-vacation from reality. There are more surprises both in and out of the museum than I have space to mention, so go and discover them for yourself.

Tampa Museum of Art’s strongest architectural feature is the broad 40-foot overhang which graces its southern facade. Giving visitors protection from the elements and framing a dramatic view of the University of Tampa’s minarets, the overhang sets the museum visitor up for a dramatic sense of arrival.

The open, high lobby space is begging for artwork — and so are we. Saitowitz combined very cool materials, perforated metal (reminiscent of an Erector Set), glass, and smooth concrete to create a light, open free space for the first floor. As you ascend the free-standing staircase, you are afforded a great sense of expansiveness. The second-floor balcony which directly faces the river is best enjoyed when sculpture gives you a reason beyond curiosity to venture out. The museum wins the Quirkiest Elevator Award with day-glo intensity chartreuse and yellow waking you up as you travel.

Curtis Hixon Park, with its myriad festivals, fountains, playground and dog park, energizes the Tampa Museum of Art outside its front door, providing a frenzied contrast to the calm within. The Hillsborough River and UT views are lovely, and sitting on the balcony at the Sono Cafe is a delight.

My favorite artwork in the museum’s collection is “Sky” by Leo Villareal, seen in the permanent installation of exterior lights on its southern facade. The lyrical beauty of this piece is sophisticated and engaging. It feels like Debussy, in sharp contrast to the chopsticks being played by the bridge lighting up and down the river.

The Tampa Museum of Art is evolving as each exhibition gets stronger and it reaches outward to the community. It is not stuffy; you don’t have to genuflect when you cross the threshold. It is an oasis on the Hillsborough River, offering imagery for our psyches and gelato for our gratification.

In the swath of ordinariness that envelops so much of Tampa Bay, both museums have given their respective cities iconic buildings to proudly claim. At night, lighting creates dramatic animations, allowing the museums to expand their personalities beyond the confines of their walls. The memorable imagery adds to our experience of the two urban waterfronts.

Great buildings transform and define cities. We need more.

Earth Day has been celebrated since 1970.

Earth Day is held annually worldwide to demonstrate support for environmental protection.  Earth Day was first proposed in San Francisco in 1969. In 1970 Senator Gaylord Nelson started an environmental teach day for Earth Day on April 22, 1970 but it wasn’t until 1990 that Earth Day became an international day with 141 countries participating. More than 20 million people turned out for that first “Earth Day” on April 22, 1970. Dennis Hayes who had originally proposed Earth Day in 1969, organized it into what it is today. It is now coordinated globally by the Earth Day Network and is celebrated in more than 192 countries every year with billions of people participating. This year marks the 44th year.

April 22nd was chosen as the date for Earth Day because there was no conflict with any religious holidays, school exams and school breaks. Senator Nelson wanted as many students, especially college students, to participate as possible. It also happened to be the anniversary of the death of one the first American conservationist John Muir. John Muir was born in Scotland in 1938 and his family moved to a farm in Wisconsin when he was 11 years old. As a young man, he traveled across Canada and in 1867 he started his walk from Indiana to Florida. He then wrote a book about that journey entitled A Thousand-Mile Walk to the Gulf. In 1868 he arrived in San Francisco and then headed off for a week-long visit to Yosemite, calling it “The grandest of all special temples of Nature.” And as they, the rest is history…

John Muir wrote letters, essays, and 12 books telling of his adventures in the Sierra Nevada mountains of California. He helped to preserve the Yosemite Valley, Sequoia National Park and started The Sierra Club.  John Muir Trail,  Muir Woods National Monument, Muir Beach, John Muir College, Mount Muir, Camp Muir and Muir Glacier among many others were named in his honor. He was instrumental in opening President Roosevelt’s eyes that there needed to be a national park service. They first met in 1903.

My great-great uncle Virgil T McCroskey was born in Tennessee in 1876 but spent most of his life in Eastern Washington. He retired from the pharmacy business in 1920 and spent the next few years traveling throughout Washington and California. Somewhere along the way, he met John Muir according to family letters. Virgil T. also saw the need for saving the old growth forests and the surrounding nature. So began his second career as an amateur conservationist. Virgil T. used his money and energies to buy parcels of land which eventually became two new state parks. The two state parks are: Steptoe Butte State Park in Washington State and Mary McCroskey State Park in Idaho. Vrigil T. McCroskey is listed as one of the top 200 “American conservationists”. How cool is that???  I became a member of the Sierra Club as a teenager long before I had ever heard of Virgil T. McCroskey but apparently conservation is in my blood.

Some things that you can do today to participate in Earth Day and every day are:

Reduce, reuse, recycle 

Buy locally and buy toxin-free products for your home (Seventh Generation is a great resource as well as others)

Walk around your town or city and pick up trash

Plant a tree and a garden, bring some plants into your home to help clean the indoor air

Use soaker hoses and put water system on a timer to water early in the morning

Start a compost pile

Fix dripping faucets

Ride your bike or walk to work 1-2 times a week

Take  photos of nature while walking on the beach or in the woods

Eat one of your organic meals outside while soaking up the rays, sights & sounds of nature

Use reusable shopping bags

Join your local Freecycle to pass along items instead of throwing them  away

Exchange your light bulbs with energy-efficient ones                                                                

Collect hazardous materials like paint and batteries and dispose of them  properly

Join a Community Supported Agriculture group

Educate yourself on environmental issues and renewable energy sources

Get involved with your local environmental groups by donating time and/or money

AND just for fun, take CNN’s Earth Day Quiz: http://www.cnn.com/2013/04/22/world/earth-day/index.html

I came across this great article and thought that would share it. Tara-Nicholle has some excellent advice. Let me know what you think.

By Tara-Nicholle Nelson     Broker in   San Francisco, CA

If you read or watch many cooking shows or magazines, you might have noticed a trend over the past few weeks. They all seem to be focused on springtime cooking, entertaining, and recipes – how to welcome the change of weather with flower-laden tables and recipes that showcase the fresh flavors of the season.
If you’re watching the real estate market, you’re probably seeing a springtime recipe coming together right now, too, before your eyes.  Yesterday, Trulia released a survey that vividly captures and quantifies the ingredients:

  • 75% of consumers say it’s better to buy a home now than it will be a year from now
  • But only 1 in 3 consumers (32 percent) think it’s better to sell now than a year from now.  

Mix in patient sellers, fewer foreclosures, and underwater borrowers and marinate overnight.
What do you get when you take this 2013 spring real estate recipe out of the oven? Housing inventory rates at a 12-year low, and a strong seller’s market.
While sellers sometimes make emotional mistakes, the reality is that a hot market like today’s creates massive competition among buyers, and can lead to a slippery slope of decision-making that leads to later regrets.  Let’s take a look at the most common real estate regrets revealed in this new Trulia report, and what they can teach today’s home buyers about making real estate decisions they feel good about in the long run.

1.    Get realistic and be aggressive.  Time is of the essence.  The number one real estate regret revealed in the survey was a regret of renters, not owners: 42% of of them said they wished they had bought, rather than rented, their current home.
The process of successfully buying a home on a market like today’s is laden with points at which every buyer must face the pain of some hard-to-swallow truths:

  • Truth: It might take longer to buy than you thought.
  • Truth: You’ll very possibly lose a few homes you love before you are successful.
  • Truth: Your home buying dollar might not afford you the mini-manse of your fantasies.
  • Truth: You might have to offer more than the asking price and compete with other buyers in order to make your home buying visions a reality.

The buyers who face these truths head on are those who position themselves to make reality-based, aggressive home buying moves like house hunting in a slightly lower price range so they can offer more than asking without blowing their budget.  The buyers who avoid the pain of being realistic about these issues are the ones who will end up still renting next year, regretting that they didn’t align their expectations with reality sooner.  Of course, every market is different – this is why it’s uber-important that you work with a local agent to understand the realities of your market and how you can optimize your house hunt for them.
2.    Buy a home that will work for the household you envision 5 or 10 years down the road.  I’ve long recommended that buyers kickstart their house hunts with a “Vision of Home” writing exercise, in which you actually write down your vision for the life you want to live in the home you’re preparing to buy.  This is all about creating a vision for every area of your life, from your work (and how you get there every day), to your family and cohabitants (who you envision living with, not just now, but down the line), your activities and your families and even how you spend your spare time (gardening, entertaining, tinkering, yoga-ing, etc.)
This exercise helps avoid the number two most common real estate regret uncovered in the study: 34% of respondents said they wished they had chosen a larger home. It helps by course-correcting any overly limiting assumptions you might make if you based the size of home you should buy strictly around the number of family members you have now or in the near future. It helps you plan your space needs around the living and activities you’ll want to be able to do in the home, not just the sleeping areas you’ll need for individual family members. It also helps you take a longer-term view of family and space planning to anticipate issues like whether you’ll want to take in an aging parent, allow for a young adult child to come back home, or have space for a nanny or tenant.
3.    Be honest with yourself about your interest and ability to fix a home up, before you buy. Here’s a lesson I’ve learned from experience: if a new homeowner doesn’t make the fixes they plan within the first year after closing, chances are they won’t make them for many years – maybe even until they are planning to sell the place again!  Obviously, there are exceptions – there are the folks who have a 15-year roadmap for home improvements in place before escrow even closes, and who execute it meticulously.  But these are the exceptions – for most of us, human nature is to get comfortable or complacent with the way the home is, or to have life and everyday expenses get in the way of our remodeling plans and never end up doing all the fixes we plan.
Twenty-seven percent of survey respondents said they wish they would have done a more thorough set of remodel projects, renovations, updates or upgrades to the property when they bought it.  But the way to avoid this regret is two-fold. First, you can make sure that you have a budget and a firm plan of action for the home upgrades you want before you close the deal, versus a vague sense that you need to “do something” with the kitchen.  This might involve getting actual contractor bids during escrow and even having some or all of your desired work done after closing and before you actually move in, to maximize both your chances of actually following through on your home improvement plans and the enjoyment you get out of the upgrades.
The other way to avoid this regret is to simply be honest with yourself. If you’re not the type to follow through on a fixer-upper plan of action, take this into account when you choose your home so as not to end up in a place you’ll regret not fixing.  Find a place, instead, in a condition you can live with, even if you don’t do much (or any) work to it, after you buy.
4.    Ask every question – then ask a few more. And read everything you are given. Twenty-two percent of homeowners surveyed said they wish they had more information about their home before they decided to buy it. The fact is, much of the information homeowners regret not having is actually at every home buyer’s disposal – though it might take some work to get it.
For example, some homeowners wish they’d known more about their neighbors and neighborhood, which can be collected during the house hunt by knocking on doors, meeting the neighbors, google-searching and investigating the neighborhood online and even visiting the home and surrounding area at different times of day and days of the week/weekend.
Others might wish they’d known more about the property itself, or the Homeowner’s Association.  I’ve found that buyers miss out on valuable property information when they don’t attend their home inspections in person, or when they fail to fully read, understand, ask questions about or follow up on their home, pest, roof and specialty inspection reports.  For instance, your home inspector might be willing or able to show you how to operate certain systems or use your emergency gas and water shut offs if you are onsite during the inspection – things you might wish you knew later on. Also, they can often verbalize valuable insight and nuance to the property issues they find, if you’re onsite during the inspection – you miss this information if you don’t attend.  And if you fail to actually obtain any follow-up inspections the general home inspector recommends (e.g. plumbing or electrical inspections) you can be in for an un-fun surprise over the long run.
So read your reports and your HOA disclosures, even though they are long, tedious and some might say, border on boring.  And be aggressive about asking your agent and your inspectors to help you understand how you can gather the information that’s important to you.  There is more available than you might guess.
5.    Focus your spring workouts on whipping your money matters into shape. The final two real estate regrets articulated by survey respondents were related:  18% wish they had put down a larger down payment on their home, and 16% wish they had been more financially secure before they bought a home.  So much of what we talk about in terms of financial preparations for home buying is about doing the bare minimum to qualify for the sort of home we want, in terms of saving up the minimum down payment that will allow us to afford to buy at our desired purchase price, getting our credit together and making sure we have all our documents lined up and spruced up for a lender’s underwriter.  But none of these things actually solve for the regrets these former buyers express.  The only path to avoid these later issues is to view home buying as an opportunity to take a concerted deep dive into your finances and make an ongoing, lifelong commitment to financial integrity.
This means:

  • really exploring your values and priorities in life, and aligning your finances with them in every way
  • keeping a current financial or monthly spending plan that includes not just your mortgage but also carves out sufficient resources for saving, investing and other things that are important to your future, and
  • staying accountable to these values and your plans, even through the process of becoming a homeowner.

There are dozens of books, resources and financial professionals who can help you ensure that you execute home ownership in a way that is ultimately beneficial to your financial well-being and not harmful to it.  This includes timing your house hunt to align with when you’ve achieved certain financial benchmarks (e.g., paid off your student loans, saved up X dollars) or have cultivated particular financial habits (e.g., consistently save 10% of your take-home income, have paid every bill on time for three years or more).
Books like Financial Recovery: Developing a Healthy Relationship with Money, online resources like LearnVest and ManvsDebt and fee-based or non-profit financial planners can help you start your homeownership “career” on the right financial foot.

Still my dream car after all of these years- a 64 and 1/2 blue ragtop Mustang. When I first laid eyes on it, I knew that was the car for me. I tried so hard to convince my parents that it WAS the PERFECT family car. The thought was that I would then inherit this beauty someday-like when I was in high school. My parents said, “It’s a great car but there’s no leg room in the back seat.” I told them that there was plenty of room for my long legs but to no avail. SO I am still wishing, wanting and waiting for my 64 and 1/2 Mustang. Someday I will own one that’s not the toy a friend gave to me that is sitting on my file cabinet! Please tell me that there is still hope…If only the price was still $2368.00!!

My 64 and 1/2  blue Mustang

My 64 and 1/2 blue Mustang

64 and 1/2

64 and 1/2

 

 

 

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It happened on this day…April 17th

On this day in 1964 – The Ford Motor Company unveiled its new Mustang model.

Personal Note: Look at the price in the magazine ad: $2368 f.o.b. Detroit

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  • April 2013 Statistical Real Estate Reports May 20, 2013
    The real estate industry is feeling the excitement. The numbers continue to look up month over month since the beginning of the year. Agents are busy with buyers and sellers. The excitement can be felt but the question on everyone’s mind is – how long will it last? We are all hopeful that this new [...]
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  • Pinellas Realtors Address Critical Housing Issues on Capitol Hill May 20, 2013
    Pinellas Realtors® Address Critical Housing Issues on Capitol Hill Realtors® from across the country are convening in Washington, D.C. this week to attend the Realtors® 2013 Midyear Legislative Meetings & Trade Expo, and members from the Pinellas Realtor® Organization met with Senator Marco Rubio, Senator Bill Nelson, and Congressman C.W. Bill Young on C […]
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  • Realtors score big in 2013 legislative session May 6, 2013
    TALLAHASSEE, Fla. — May 3, 2013 / 7:16 PM — With an additional $1.1 billion to spend this year, there was less drama this session. Well, there was the incident this week when House Democrats protested the stalemate over healthcare reform by requiring all bills be read in full. The task was handed off to [...]
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  • ‘Welcome’ to all our new members who joined in April May 2, 2013
    The Pinellas REALTOR® Organization would like to welcome all of our new REALTORS® that joined us in April!  We are happy to have you as a part of our organization and wish you much success in your careers. Stephen  Diamantides Alexa Realty Inc Kraig R. Thorn Assist2Sell Buyers&SellersTeam David  Reider Bales Properties Inc Michael Gaskin [...]
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  • PRO Advocacy: Joe’s Monthly Update May 1, 2013
    Legislative Session in the Final Stretch Every spring the Florida Legislature gets together for 60 days to pass the laws of the land. This year Florida REALTORS® had several issues they were working on, but none more important than Citizens Insurance. Several State Senators have been working on raising rates for coastal communities to unthinkable [...]
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