1. Update the look of your kitchen or bath.

You can make your kitchen or bath look new in as little as a week!!!

2. Save some cash!!!

When refacing cabinets, you can either replace the doors or refinish them.  This means you save the cabinet boxes and possibly the doors!!!

3. Keep your existing countertop.

If you have a nice countertop and want to keep it, refacing your cabinets is the way to go.  A new countertop can easily be installed if your countertop is outdated.

4. Get your home ready to sell!!!

The #1 thing potential homebuyers look for in a home is updated kitchens and baths.  Refacing can accomplish this in a short amount of time and at the fraction of the cost of replacing all the cabinets.

5. Increase the value of your home!!!

According to Remodeler Magazine, a traditional kitchen or bath remodel returns 80-90% of the cost of the remodel.  With cabinet refacing, a 150-200% return is not uncommon!!!

Call Us TODAY, to set up an appointment for your kitchen or bath.  With a fresh coat of paint, new cabinet hardware, and refaced cabinets your kitchen or bath will look brand new at a fraction of the cost and in a fraction of the time of a traditional remodel!!!

Keep Building!

David

 

Home builders continue to sell homes and work through inventory. 

According to data from the Census Bureau, the number of new homes sold in September jumped 6% from the month prior, beating analyst expectations. On a seasonally-adjusted, annualized basis, buyers nationwide closed on 313,000 newly-built homes last month.  It's the highest reading since April and a major reason why the available number of new homes for sale is shrinking.  

As compared to September 2010, there are 19% fewer homes for sale nationwide. At today's sales pace, the complete new home inventory would be "sold out" in 6.2 months - the quickest sell-out pace since the April 2010 federal home buyer tax credit expiration. 

What does this mean to our local market?  We are continuing to see price appreciation in all counties except Rutherford County where there is a dramatic shift to sales of smaller homes and the Laverne area continues to have price reductions to move distressed homes. Good news is that homes are moving at a good pace in Rutherford County. 

According to the Williamson County Association of Realtors the median sales price for a single-family home is $346,724 in September 2011. This is up from the September 2010 median sales price of $330,000. Average Inventory decreased from 2,260 in September 2010 to 2,059 in September 2011, showing a continually steady move in residential inventory (September, 2011). 

Williamson County continues to be a "hot bed" of activity compared to other local and national markets. It is a slow recovery, but economic development and high-performing schools continue to drive our recovery efforts (williamsoncountyrealtors.org September, 2011). 

For buyers, this could be construed as a housing market-shifting signal. As builder confidence rises, it becomes more difficult to negotiate for upgrades and price reductions on a new home. "Great deals" get scarce. 

Furthermore, it's unlikely that mortgage rates will sustain their current, ultra-low levels into 2012. Rising rates lead to higher housing payments on a month-to-month basis.  

If you're in the market for a newly-built home, DAC Homebuilders continues to work hard to bring exceptional value to our buyers. In our next news letter we will begin to announce our long term land position in some of the BEST Williamson County communities. If you are ready to save, please contact us to learn more about our custom value in Middle Tennessee. 

Until Next Time,

 Brent   

Brent Beard is a licensed Real Estate Affiliate Broker in the State of Tennessee with Benchmark Realty and Managing Partner of Community Solutions Group LLC.  

 615.278.4112    

Last month we discussed interest rates and how they impact home buying decisions. Interest rates are only one aspect of buying and selling your home and rates remain powerfully low to help manage your budget and leverage a favorable marketing position for your potential sale. In our opinion, the main driver to increased home values is job creation, thus the unemployment rate. With that said, this week we continue to hear about a lagging economy, continued national housing weakness and more foreclosures hitting the market that will depress pricing and cause more chaos in an already struggling market. There is one fact the remains true....  real estate is a localized industry; therefore, how the local economy trends  home sales and values are sure to follow.  With the dichotomy between the national media reporting real estate statistics and the fact that real estate on many levels is all about  location, location, location, lets look at the truth about Williamson County.

 During a State of the County Address in July, Williamson County Mayor Rogers Anderson stated, " Our workforce continues to perform upwardly and positively. The latest released numbers indicate that Williamson County is doing well in comparison with other counties, with May unemployment rate of 6.6%. With new jobs growth in excess of 2,000 in the past year, you can see that there are a number of businesses that have expanded and/or relocated and are now calling Williamson County their home."

 While unemployment in the county has ticked up a bit to 6.8% in August, we continue to hear of companies like Vanderbilt and General Motors expanding their foot print in the area. Simply, this continues to have a positive impact on home sales and values.

 The Williamson County Association of Realtors (WCAR) August report states: There are about 100 more home sales in the first 8 months of 2011 than at the same point in 2010.  The median sales price for a single-family home is approximately the same from the beginning of 2011 at 349,900 in August. This is up slightly from the August 2010 median sales price of 341,500.   Average Inventory decreased from 2332 in August 2010 to 2148 in August 2011, showing a continually steady move in residential inventory.

 There you have it, your home value continues to remain strong and homes are selling in Williamson County. We at DAC choose not to react to ongoing sound bites from the national media as they continue to apply their macro reporting to our local market. We choose to steadfastly focus on our local market and our growing business. We are firmly committed to listen to WHAT IS IMPORTANT TO OUR CLIENTS and build top quality homes at fair market prices.  

 Until Next Time,

Brent 

Brent Beard is a licensed Real Estate Affiliate Broker in the State of Tennessee with Benchmark Realty and Managing Partner of Community Solutions Group LLC.  

 615.278.4112  

  This porch was custom designed to meet the needs of the client.  This porch features; 2"x6" Decking, Custom Designed Railing System, Custom Arch Tops, Columns with Trim Detal, Bead Board Ceiling, Concrete Patio for Grilling, 2 Ceiling Fans, 5 Can Lights, and it measures 18' x 39'; so there is plenty of room for entertaining guests!!!

Keep Building!

David

With the housing markets downturn over the last several years remodeling has become more and more popular. Homeowners have begun remodeling or adding on to their current homes to satisfy their desires or needs. We have ranked the top three areas that when renovated produced the most return on investment.

The Top Three

1) Entry Door

The national average for 2010-2011 shows that when an outdated front door is replaced, the homeowner typically recoups 102%. If you are looking to update the exterior of your home this is clearly the best way, as you will receive back 102% in resale value. A front door replacement is one of the least expensive ways to give your home a brand new feel.

 2) Garage Door

 Garage doors have come a long way over the years. There is a plethora of choices these days ranging in many different colors and styles. Homeowners who replaced their garage door typically recouped 84% of the job cost. 

3) Minor Kitchen Remodel

Minor kitchen remodels can totally change the appearance and feel of your kitchen. Simple and inexpensive ways to update your kitchen are adding a tile backsplash, installing recessed can lighting, and glazing your cabinets. The national average for job cost recouped for this category is 74%; however can be significantly higher in certain situations. 

 3) Deck Addition/Covered Porch 

Also tied for the number three position is covered porches and deck additions. With the new generations staying home and entertaining guest, the additions of decks and outdoor living spaces have become much more popular. Outdoor spaces that allow you to enjoy the tranquility and privacy of your back yard recoup 74% of job cost.

All data is supported by the Remodeling Cost vs. Value Report for 2010-2011.

Keep Building!

David

I had the pleasure this month to attend a Fourth of July party hosted by Steve and Melissa Cody in Bent Creek. My first piece of advice is that if you receive an invitation from the Cody's to attend a party, GO! They are wonderful hosts and we had a fabulous time. In addition, I enjoyed the evening with several of our former buyers in Bent Creek; the Martin's , the McCalister's, and the Viarengo's. As we were talking, the topic of energy efficiency and utility bills came up and I was simply amazed by what I heard.  

Chris and Caroline Martin purchased a 3,300 sq. ft.  home from us in the spring of this year. While we at DAC know that using the right products such as; Tech Shield Radiant Barrier Roof Decking, Controlled Crawl Spaces, Proper Insulation Application, Foamed Outlets, Low E Windows, the proper sizing of the HVAC equipment, and using a mastic duct application are a benefit to our buyers, I was amazed to hear the cost of the Martin's electric bill. The first month they moved in they set their thermostat to 74 degrees. Chris and Caroline moved from a 1,300 sq. ft. townhome where they constantly struggled to maintain consistent cooling and heating throughout their home, and paid very high utility bills. Therefore, common sense would tell you that when you move from 1,300 sq. ft. to 3,300 sq. ft., you better budget for higher utility costs.  

 Here is the amazing part, Chris and Caroline received their first electric bill; like many of us they grimace when they see it in the mail box. They opened the bill and it was a whopping $70.00. Yes, $70.00!!!! With that, Chris decided to turn the HVAC down lower moving forward. They received their next bill and it was just over $100.00!  

 While we can not always promise this amazing result, building with the proper products will provide savings for our home owners and offer validation of a good decision to have DAC Homebuilders build your next home. Whether you are remodeling or building, be sure to ask about energy saving green products that make sense, products that will save energy and money for years to come.  

 Thanks again to the Cody's for a great time! 

Until Next Time, 

Brent 

 Brent Beard is a licensed Real Estate Affiliate Broker in the State of Tennessee with Benchmark Realty and the Director of Custom Home Sales for DAC Custom Homebuilders LLC.  

Here is a list of quick fixes for a few of the most common garbage disposal problems.

 Problem: There is a loud racket when the Garbage Disposal is turned on.

Solution: Check for a fallen foreign object in the drain. Also, overtime the blades can become loose and need to be tightened.  Refer to the manufacturers manual for instructio ns on how to tighten the blades.  BEFORE you attempt to tighten the blades turn off the garbage disposal.

Problem: There is a Bad Odor coming from the Garbage Disposal.

Solution: Fill disposal with ice cubes. Let it run until ice is gone and flush with cold water. If this tactic does not work try; letting cold water run, turn on the disposal, and drop orange/lemon/lime peels down the disposal to give it a citrus scent.

 Problem: The Garbage Disposal is backed up. 

Solution: Run garbage disposal until waste is clear. Then rod out waste drain.  If this tactic does not work; cover the non-disposal side with a wet cloth and keep pressure on it, plunge the disposal side until clog breaks free.

Keep Building!

David

Listen to Joe DeFatta, President of DAC Homebuilders, LIVE on WTN 99.7 Super Talk Radio tomorrow (Saturday July 23) from 11:15-11:30 AM. Mr. DeFatta is going to be discussing the current housing market and the advantages of building custom homes in today’s market.

To Listen Live: Click Here

Keep Building & Listening!

David