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Wednesday, June 23, 2010

Builders Versus WA State Over New Energy Code

It’s the Washington State Building Code Council (SBCC) against the Building Industry Association of Washington (BIAW) in fight over new energy code adoption originally set for July 1st. Gov. Gregoire requested a delay of 9 months but builders are guaranteed 3 months.

This issue comes after the SBCC adopted a new code increasing energy efficiency by 18% to 26% in new homes. The SBCC’s actions resulted from Gov. Gregoire’s orders to improve energy code with a 30% reduction in energy use.

Builders argue that the new code would increase new construction from $4,000-$15,000 per unit. During a time when this industry is trying to recover in a down economy the Governor has decided to grant a reprieve and postpone the adoption until the builders have time to recuperate.

Overall, I think we can all agree that energy efficiency is important. Our dependence on oil is embarrassing and the spill in the Gulf of Mexico is a harsh reminder of the affects. As an Energy Star Verifier it would be our company’s best interest for the new code to pass, but we are struggling in this economy like everyone else. Therefore, I think any actions by the SBCC that may increase costs to builders substantially, should be postponed until our economy is doing better.


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Tuesday, June 8, 2010

Courtesy Walk-Throughs

I heard of a good tip today while speaking with a local realtor who encourages "courtesy walk-throughs." She suggests that the seller request a walk through with the current owner before closing but after all the negotiations and inspections. I like this. It decreases or eliminates the amount of call backs for the realtor and inspector. If the buyer gets to walk through the home with the current owners they can talk about the findings of the inspection report and any subtle quirks that only an owner living in the home for an extended period of time would really know all about. Things such as internet connections, garbage pick up schedule, sprinkler systems, neighbor agreements, etc.


The first line of defense for any home buyer or owner is a thorough home inspection. Add a courtesy walk-through for capturing more knowledge.

Wednesday, June 2, 2010

Real Estate Data Reports from WSU

Washington State University's School of Business created the Washington State Center for Real Estate Research in 1989.  You can visit the WSU page to view data reports.  They provide useful information, research and analysis of the current real estate market.  Reports include apartment market surveys, county home sales reports, regional planning profiles and many others.  There is even an option to "Build Your Own Report" using data collected since 1993.  You can customize the reports to view monthly, quarterly or yearly performance of housing markets statewide or by county.  While they offer plenty of free information WSU also provides a yearly subscription to detailed market information delivered to you quarterly for $60 per year.  You can view the 1st Quarter Housing Market Snapshot of Washington State counties here:  http://www.wcrer.wsu.edu/default.aspx