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Important Considerations When Purchasing a Home
Posted on August 23, 2021 at 2:20 PM |
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Knowing that the air in your home is safe and conducive to aging in place can give you peace of mind. Because seniors often have compromised lungs and immune systems, indoor air quality should be at the forefront of your mind when choosing a home. Elderly people are exposed to high levels of indoor air pollutants because they spend more time indoors and may already have compromised respiratory systems or underlying health conditions. Further, you want a home where you could reside long-term with minimal repairs or maintenance to maintain that great air quality.
So what are some of the things you should be mindful of when buying a home to age in?
ASBESTOS
Checking for asbestos in the home is crucial if you’re buying a home built before the 1980’s and planning on any renovations or additions to make the space more livable. The material is likely to be in homes from this time and is easily disturbed during any demolitions or renovations. Asbestos can cause lung and respiratory diseases such as mesothelioma and should be removed from the home by professionals.
RADON
Whether you’re considering buying a newly built or vintage home, prioritize radon testing. This should be done by a professional on every floor you plan to live on, especially the basement, since radon gas comes up through the ground. Radon is a carcinogenic radioactive gas and is the second leading cause of lung cancer. However, if the home has elevated levels of radon, don’t panic. Instead work with a radon contractor to seal the foundation and mitigate levels.
LEAD
If the home you’re looking at was built before 1978, there’s a good chance it has lead paint or lead plumbing. Exposure to this material can cause lead poisoning and is especially dangerous to elderly folks because of the symptoms. Before purchasing your home, it’s important to test for any remaining lead products . If any lead is found, it should be removed prior to moving in.
FORMALDEHYDE
Some pressed wood products such as particle board and hardwood or permanent press fabrics such as curtains or sofas may contain formaldehyde, which can cause lung, throat, and nose irritation or cancer. The best way to prevent high levels of formaldehyde is to simply air out or wash any new products that have a high VOC (volatile organic compound) level. If the home has newly installed cabinets or paneling, air out the house before moving in.
CARBON MONOXIDE
Oil and gas furnaces, wood and coal stoves, and anything else gas or oil powered produces carbon monoxide, which causes low oxygen in blood and is extremely dangerous. While homes must have a monitoring system, it’s advisable to have the heating system inspected before purchasing a home. During the inspection, ask them to ensure the heating system is properly vented to the outdoors and have them point out the alarm to you.
MOLD
While mold isn’t as dangerous as some of the toxins mentioned above, it still poses a threat. Mold tends to grow in dark, damp places, but could be anywhere in a home. Because mold causes irritation of the lungs, throat, nose, skin, and eyes, it’s crucial to check for and clean out any mold before moving into a new home. This is especially important for seniors who have compromised lungs, asthma, or other breathing problems.
WOOD BURNING STOVE
Choose a home that doesn’t use a wood burning stove, instead opt for a traditional furnace, pellet stove, or any other alternative. Smoke from wood burning stoves emits particle pollution, carbon monoxide, nitrate oxides, VOCs, benzene, formaldehyde, and various other carcinogens. These emissions can cause a variety of heart and lung conditions and aggravate existing conditions present in the elderly.
CARPETING
Carpets can trap various asthma triggers and pollutants such as tobacco smoke, dust, dust mites, dander, and mold. Since carpets are surfaces that are disturbed often by mere foot traffic, the pollutants are constantly being re-released into the air. If possible, choose a home with little to no carpeting, and instead opt for hardwood or tile flooring. Further, new carpets are often installed with VOCs, chemical irritants that seep into the air.
FRESH AIR
While it’s crucial to ensure your home doesn’t have any of the toxins mentioned above, it’s still important to air out your house. Look for a home with many well insulated windows, this way you can be warm in the winter, but always have the option of fresh air and sunlight.
Conclusion
Vulnerable populations like the elderly need clean air because of their e.levated risk for lung and heart problems. Advocate for yourself and your loved ones armed with information about indoor air quality. Although a lot can cause indoor air pollution and lead to new health conditions or worsen existing ones, knowing what to look for and ask about is the first step. Communicate with the home inspector and voice your concerns during the buying process. Ask them about the specific pollutants you’re worried about and have them walk you through air quality measures in the home.
Asking the hard questions now will let you breathe easy in your new home.
Susan Luxenberg
HomeSmart LLC
Benefits of Hiring an Accessibility Specialist
Posted on May 22, 2017 at 3:08 PM |
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If you or a
loved one are reaching the point in life where either a move or upgrades to a current
home is necessary, working with an accessibility specialist can be like finding
a pot of gold at the end of the rainbow. Maybe you or someone you know would like to be more independent but are having difficulty maneuvering the barriers found in most homes. Narrow doorways, stairs and steps, standard bathtubs, slippery floors are all common barriers to safety that most people struggle with as they get older. An accessibility specialist can help with
these issue. These professionals deal with all of the aspects of home
remodels in order to allow those who are aging but don’t want to move away from
their home, or those with disabilities but who want to maintain their
independent living conditions succeed in their desires. Although there are a large number of independent
and assisted living facilities available in most areas, an overwhelming number
of people would prefer to spend the golden years of their lives in the home
where their children may have grown up, or where they’ve created decades of
good memories and connections. If you do need
some help, who should you call? What
type of training should an accessibility specialist have? There
are only a few programs that offer specialty training in designing and remodeling home
environments so as to help those who choose, remain in their homes safely
and comfortably. There is more to this
than meets the eye and these specialists have learned to look not just at a
specific environment but also the people who will be living there. This is precisely what differentiates an accessibility specialist from a contractor - their ability to link specific
ailments with specific solutions and to project long term changes as one ages
that might affect ones safety and independence within a home environment. Keep in mind that even simple things like grab bars should be installed based on an individual's physical condition. The National
Association of Home Builders offers a short course known as the Certified Aging
in Place Specialist (CAPS), designed to train contractors in the technical
and business management side of renovations as well as the customer service
skills which are needed for these types of transaction. The University
of Southern California Leonard Davis School of Gerontology offers an online
course in Home Modifications,
dedicated to promoting aging in place and independent living for persons of all
ages and abilities. This five week program covers home assessments and safety
checklists, construction techniques, funding resources, and also includes
required coursework in the ethics of dealing with a vulnerable population. After successful completion, the Program
grants an Executive Certificate in Home Modification (ECHM). What can you
expect once you’ve located a trained accessibility specialist? The Specialist
will meet with you in your home to help define your needs, and then complete a
full written assessment that includes suggestions for improving safety and comfort. Recommended
changes will vary widely from home to home, based not only on home layout but
also on each individuals physical requirements as well as budget realities. Afterwards, you will be shown some plans and/or
be given written suggestions to suit both your short term and long term needs. Depending
on the size and complexity of your project, you may be offered a floor plan
which will help you to visualize the concept in the way that it will appear
once complete. The suggestions can include every aspect of your home living, both inside and
out. For example, a ramp leading up to
your home will help with stairs if they become hard to navigate or if you have
to use a wheelchair. Seats in your
shower along with an accessible and removable shower head, lowered shelves to
hold grooming supplies and a handle to help you in and out of the tub or shower
unit can all be changes that will help accommodate your right to privacy and
good hygiene. You might also need to
think about expanding doorways, adjusting the height of your countertops, or
making storage more accessible.
Arrangements can be made to reconfigure or bring in specialty equipment
for ease of use. It’s possible that your
floors may need to be changed (from a deep pile carpet which can catch
wheelchairs or even cause a tripping hazard) to low pile carpets or laminate
for better traffic movement. Better
lighting can help you see in the dark, and motion sensor lights can alleviate
the need for reaching for light switches.
There are so many different things to think about that someone trained
in the process will help to ensure nothing is overlooked and can make
suggestions that haven’t even entered your mind. Renovations can be a large expense and quite
the production; you want to get it done right the first time. Your accessibility specialist will also give
you an estimated budget for the renovations you’d like done so that you can
determine which are affordable and which ones might need tweaking. Since most accessibility specialists have dealt with numerous renovations, they can often lead you to competent and efficient businesses and contractors able to handle the suggested modifications. From electricians
to carpenters to plumbing suppliers, an experienced accessibility specialist has set up a
good relationship with a variety of tradespeople and can let you know which
ones will be right for your particular job and one that will do the work based
on your budget. Article by Jon
Reyes, a guest writer from Vidalux. Jon is a specialist writer and has extensive
knowledge in everything related to steam showers, saunas and hydrotherapy benefits. |
Current Trends in Senior Housing
Posted on March 20, 2017 at 10:04 PM |
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Times are
changing at an ever increasing pace, and with it, offerings in senior housing are attempting to keep pace. These days,
seniors are delaying their move from independent to dependent living by as many
years as possible using a variety of means, and gaining more control over
decisions regarding where they live and what facilities are at their disposal. With 2016 came an influx of new assisted
living complexes, meaning that the competition can be fierce and providers must
cater to a growing set of needs. Most of
the time people move into an assisted living community due to needing some help
with medial care that they can no longer maintain alone, even with the help of
nearby family and friends. Over the next
20 years, our population aged 85 and above will increase by 74%. Knowing what types of medical conditions are
most prevalent in their nearby communities in order to accommodate them in the
best way possible will give providers a decided edge against the competition. One way in
which an assisted living provider can take advantage of both an increasing use
of technology by seniors (52% of seniors are online) and cater to their desire
to remain in their own homes is to offer assistance outside the walls of
the assisted living residence. This may
mean offering home visits to help support medical needs or even reminding
someone remotely via a tablet to take their medications or eat at mealtimes.A
surprisingly high percentage of seniors (over 70%) regularly use some type of
online social media, so communication via these tablets or phones is also a
great way for staff to keep in touch with their charges. A rise in the use of
electronic health records could help support a growing number of seniors, both
living in and outside of the residence, without overwhelming staff. This an easy way to track the health care and
condition of a patient and provides a reliable database for those who can relay
this information to concerned family members in order to help make the best
medial decisions possible. It also
provides a benchmark for those patients living outside the residence for use in
considering how many years they will be able to continue to enjoy independent
life in their own home. By providing
elder care within their own homes, a company starts a relationship with
potential future tenants sometimes years before they need any space within the
residence walls. It says a lot
when a healthy 78 year old today has a life expectancy of 15 years or more with
a reasonable level of activity and nutrition, compared to that of someone
living in a traditional assisted living residence, who can expect half of that
number in years ahead of them. As our
health is better maintained later into life, candidates for residency will demand
more and more facilities to support better fitness and diet. As expectations increase, so too do the
number of ways in which a facility can deliver to their residents. “One stop shopping” businesses are cropping
up to help provide a variety of elements that our ageing communities are
looking for, including healthy catered meals, hair dressing, social activities,
and fitness equipment and classes. When
a provider can outsource all of these things, it has the ability to focus on
the health and needs of the residents and become far more streamlined in its
care. Environments
within a facility are changing too, as providers move to make the homes less
institutionalized and more community-centric.
Some even offer independent condo living style situations with small
team of care givers to manage any concerns for their designated group of 6-10
residents. Others offer single unit
homes or a townhome set up. The variety
of living accommodations has certainly changed drastically over the sterile and
hospital-like state of residences from days gone by. With
each generation adding years on to life expectancy, we will certainly see an
increase in versatility and options for elder care in the decades to come. Our seniors are raising their voices and the
demand to be heard is creating an ever increasing shift in a sense of control even
late into their golden years. Article by Jon Reyes, a
guest writer from Steam Shower Store. Jon is a specialist
writer and has extensive knowledge in everything related to steam showers,
saunas and hydrotherapy benefits. |
Universal Design & Aging in Place
Posted on December 1, 2016 at 3:04 PM |
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The concept of accessibility is closely linked with the concept of
equality. In many countries, it is
enshrined in law, for example the American with Disabilities Act, The ADA,
however, only applies in certain, specific environments, essentially
government-run facilities, public infrastructure and employment. It only covers a limited number of private
companies, such as those involved in providing accommodation and transportation. The development of private homes is entirely
outside the scope of this legislation and yet arguably the provision of
high-quality, accessible homes is of fundamental importance in a society where
lifespans have been growing longer for many years now, with the result that
there is a growing segment of people who strongly wish to age in place and
enjoy their independence in to great old age. It’s therefore hardly surprising that the principle of universal
design has come to the fore over recent years.
In simple terms, universal design is based on the philosophy that all
buildings should be completely accessible to everyone, as far as is reasonably
and safely possible. In other words, the
idea of homes being created to fulfill the needs of a certain group of potential
customers (couples without children, families, empty nesters…) is replaced by
the aim of creating homes which are suitable for anyone at any stage of life
and regardless of any disability. As
well as incorporating the principles of universal design into new-build homes,
or homes which are in need of extensive renovation, it’s often possible to
update existing homes to make them more accessible. The first principle of universal design is that it should
accommodate all users and avoid singling out any particular group of
people. Features such as ramps, widened
doorways and laminate flooring all enhance accessibility in a way which is
appropriate to all users. The second
principle is flexibility in use, which has become very much a feature of modern
home design, particularly in cities.
Although this concept is often viewed in the context of maximizing space
in smaller homes, it also maximizes usability in larger spaces and includes
features such as pull-out work areas in the kitchen, appropriate lighting and
accessible storage. The third principle
is simple and intuitive use.
Functionality and usability takes place over advanced features. This would include features such as walk in
tubs, floor-level showers and easy-access appliances. Again, while these features all enhance
accessibility and help to make aging in place a feasible reality, they are all
of benefit to all occupants of a home.
It’s also worth noting here, that accessibility can become a major issue
at any time, for example during the later stages of pregnancy or if a person
has an accident and needs time to recover.
Hence, creating (or adapting) homes with accessibility in mind, takes
care of these situations before they arise. As the old saying goes, growing old is mandatory, growing up is
optional. The aging process is a part
of life, but it’s also fair to say that older age has a very different meaning
now than it did even twenty years ago.
At age 82 Cloris Leachman competed in season 7 of Dancing with the Stars
(in 2008) and lasted a full 7 weeks.
There are many reasons for this change and one of these reasons is that
many people have become more actively aware of the need to manage their health
throughout their lives and, in particular, as they transition into their later
years of adulthood and into their senior years.
For all the advances in modern medicine, the human body itself still
works in much the same way it always has, which means that as we age the body
becomes more susceptible to injury and takes longer to recover from exercise or
accidents. This makes it all the more
important to find gentle way of stimulating the body, with minimal risk of
injury. Water can play an important role
in this. Swimming is a safe and fun way
of keeping fit into later years and can be supplemented by wellness treatments
which combine the benefits of both water and heat, such as whirlpool baths and
steam rooms. Article by Jon Reyes, a guest writer from Clearwells. Jon is a specialist writer and
has extensive knowledge in everything related to steam showers, saunas and
hydrotherapy benefits. |
10 Common Home Barriers that Challenge Aging in Place, Part 1
Posted on April 15, 2015 at 6:18 PM |
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The longer I am involved in helping people remain in their homes as they age, the clearer the repeating issues become. I have found that there are 10 barriers within a home that consistently challenge everyone as they get older. These barriers wind up causing safety issues because as we age our ability to maneuver safely around them diminishes. In the next few blogs I am going to address all 10 issues. This, Part 1, will tackle the top three: 1. STEPS AND STAIRS - This refers to both exterior and interior steps. In a perfectly designed home for aging- in-place there would be no stairs or steps anywhere. In Florida many single story homes, while designed for retirees, were designed with changes in floor level. Consequently,there might be a step or two from dining to living room or steps down leading from an entrance hall to the rest of the house. With aging comes deterioration of our vision and depth perception making these areas particularly unsafe. The solution for both singular steps and flights of stairs are railings, stair treads that delineate stair edges, and upgraded lighting. You'll see in the pictures below some examples of these solutions that include battery operated lighting particularly useful for stairs, and colored stair treads which work well on exterior stairs - both inexpensive solutions to major issues. STAIR TREADS BATTERY OPERATED LIGHTING For those who can no longer manage stairs at all, in addition to standard portable sutcase ramps there are numerous threshold ramps that are lightweight, some of which adjustable so they can adapt to 1 - 4 steps, and can be easily moved from front to side or back doorways. FREE STANDING THRESHOLD RAMP LIGHTWEIGHT SUITCASE RAMP 2. NARROW DOORWAYS - For a doorway to be accessible and comfortable to get through while in a wheelchair or using a walker or when helped by a companion, it needs to be at least 32" wide. Many interior doorways would fail that test! In Florida we face a common issue of 24" bathroom doors. Once one can no longer walk through a doorway unaided, a 24" doorway is extremely uncomfortable if not impossible to maneuver. The obvious fix is to enlarge the doorway by cutting the wall so as to widen the door opening then install a new door, preferably a pocket door which allows for complete access. Keep in mind that to do so may also require shifting the vanity location which is often located adjacent to the bathroom door, so while this may be the only option available it is also a costly one. An inexpensive option which may prove helpful is to swap the existing door hinges with swing away ones. These will allow for an additional 4" of clearance when getting through a doorway since these hinges allow the door to swing clear of the jamb and set it tight to the wall. The pictures below show both options. SWING AWAY HINGES TO REPLACE EXISTING DOOR HINGES SPRING ACTION POCKET OPENER/CLOSER POCKET DOOR 3. TOILETING- Why oh why were standard toilets designed at the height they are? One does not have to be old to have difficulty standing up or sitting down on them. Just ask anyone with a bad back or a knee injury how comfortable those efforts are. The CDC has released a study showing that 75% of falls in adults over the age of 85 occur in the home and of those falls 52% occur in the bathroom around toileting. The solution is to replace your older standard or lowboy height toilet with a comfort height one. Comfort height toilets are 17" high compared to 14-15" height of a standard one and those 2-3" really make a difference. Are these toilets expensive? Not really. Both Kohler and American Standard offer comfort height toilets starting at about $200. Just make sure when shopping you use the term "comfort height" and not ADA. As soon as the salespeople hear ADA they search for an unnecessarily expensive and specifically designated toilet. If a 17" height is still not enough, a toilet riser (basically a little platform) can be built under the toilet to bring it to a more comfortable height. You will see pictures below of varied toilet configurations. COMFORT HEIGHT TOILET TOILET PLACED ON FLOOR RISER Another options to install a wall hung toilet, a more popular choice in Europe than in the U.S. The benefits of a wall hung toilet are that one can set the height to individual preference and cleaning under it is easy. These toilets also take up little room in a bathroom as opposed to a floor mounted toilet which usually has a much larger footprint than the toilet bowl warrants. Note: for those who require additional help when maneuvering on and off a toilet, wall mounted grab bars can be set on either side of the toilet on the wall behind it. These bars function like the arms of a chair and offer great security for those with either balance issues or when transferring from wheelchair or walker to toilet seat. There are a couple different styles differing widely in price. MODERN FOLD DOWN BARS TRADITIONAL FOLD DOWN BARS TOILET ON CUSTOM BUILT FLOOR RISER Next: Part 2, Commonly found barriers within a home #4-6 HomeSmart LLC |
Design Trends for the Boomer Generation
Posted on February 11, 2013 at 8:08 PM |
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Baby Boomers are definitely having an impact
on housing trends as they demand more sophisticated options and choices for their housing.
Some are selling off the homes in which they raised their families and
moving to smaller houses near their children, or to locations with milder
climates. Others are planning to stay put and redesign their homes to meet
their changing lifestyles.
Whatever
the choice, stay or move, there are certain design features coming into greater
demand that reflect the preferences of the Boomer population -- and builders are paying attention. First
floor bedrooms and bathrooms. According
to the National Association of Home Builders, more than 40% of new homes have
master suites downstairs, a 15% increase over the past decade. It's the Boomers’ desire to not have to climb up and down stairs that's
driving this trend.
Larger
bathrooms that include dual vanities and curb- less showers. Even this "stay young forever"
generation can't avoid the aches and pains that make a walk in shower such a
joy. These showers have now become
showpieces on their own, outfitted to the hilt with beautiful tiles and stone, multiple shower heads, jet
sprays, even steam.
Flex space. This is an extra room that can easily
adjust to a person's changing lifestyle. So the space might start out as an exercise
room, turn into a home office, then later serve as a guest room or
caregiver's room. Central
control centers. Baby boomers are tech
savvy and they want all the best and newest tech amenities. Control centers for Wi-Fi, security,
lighting, heating along with systems that manage all media sources are often
requested. Media rooms with surround
sound are becoming more common for this group, who now have the time to enjoy
it.
Wider
doorways and hallways tend to make a house look more gracious, are easier to
navigate when moving large pieces of furniture, and have the added benefit of
increased functionality and accessibility should anyone wind up wheelchair
bound in the future.
Bigger
windows and increased lighting. To
accommodate a person's need for increased lighting as they age, builders are
adding larger windows to let on more natural light. At the same time under cabinet lights and
stairway lights have also gained in popularity. President HomeSmart LLC |
Backyard Living for Seniors
Posted on May 28, 2012 at 3:23 PM |
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About a year and a half ago I posted a blog about
housing trends for Seniors which included accessory dwelling units (ADU’s) like
the FabCab and MEDCottage (aka Granny Pods). These self-contained
units range in size from 300 to 1800 square feet, include features that support
aging in place, and incorporate universal design along with electronic
monitoring and medical care equipment options. All are pretty much built
in a factory, prepared for on-site assembly, trucked to your location and set
on a foundation. The advantages are
obvious - these pre-built units take up no more space than an apartment, are
easily assembled and disassembled, and allow for independence and privacy with family caregivers close at hand. Earlier this month, the New York Times published an article, “In-the-Backyard,
Grandma’s New Apartment” by SusanSeliger about the same topic with some
interesting updates.
The
article is about a doctor in Virginia whose parents could no longer live
independently and decided to move in with her rather than an assisted living facility. The
layout of her home however, proved to be physically unsuitable for her aging
parents and so the family ordered a
MEDCottage to be installed in the backyard. This month they will become the
first U.S. customers to install this 288 sq ft pre-built, free standing unit equipped with
assorted high tech devices (a hallway mat that lights up automatically as you
walk on it), durable medical equipment (an integrated ceiling lift), and medical
monitoring devices (technology that tracks blood pressure, glucose and heart
rate and automatically shares this information with both the caregiver and the client’s
physicians). There
are other prefab units on the market similar to the MEDCottage. Practical Assisted Living Structures (P.A.L.S.) are 280 sq ft, portable units that can be customized to an
individual client’s needs. Some features include closet rods that can be lowered to wheelchair level, a night light system on
automatic sensors, and bathrooms equipped with no-step showers and grab bars.
As
for pricing, the MEDCottage costs $85,000/year new but the distributors will
buy it back for $38,000 after 2 years of use.
A P.A.L.S. starts at approximately $67,000 or can be leased at $1,700
per month. Interested? You’ll first need to check your local zoning laws. At present only about half the states allow these units for family members, although there are additional states
currently considering legislation that would permit backyard ADU’s. President HomeSmart LLC |
Aging in Place: Attitudes about Homeownership
Posted on May 4, 2012 at 4:37 PM |
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Along with the desire to age in place comes the question
of exactly where to age. Should you stay
in your existing home or move to another?
If you stay, should you renovate to improve comfort and safety and will
those renovations add value to your home?
If you move to a different location, should you purchase another home or
is it more practical to rent? No matter which option you’re leaning towards, you’ll
need to factor in an evaluation of the current housing market along with emerging
trends. The Colton Housing Group recently conducted a national study among 3,005 homeowners and
renters to better understand how Americans feel about today’s housing market
and their aspirations for owning or renting a home in the future. The survey
and six focus groups were commissioned by Hanley Wood, LLC, and its two main
publications, BUILDER and REMODELING magazines. The 70-question
survey focused on attitudes towards the current housing market and problems
encountered in the home buying process. Do Americans still view housing as a
good investment? Is now a good or bad time to buy or remodel? How do consumers
feel about obtaining a mortgage in today’s environment? Is homeownership still
important? How do consumers compare
owning with renting? Do consumer expectations vary among different age groups
and socio-economic segments of the population? The result of the survey paints an uncomfortable future for
the nation’s housing market in the short term — a market where credit is tight and
one where there is little urgency to buy now. It clearly identifies major
bottlenecks in the mortgage market that are keeping many buyers on the sidelines
and preventing any significant rebound in housing activity. Over the long term, however, the survey tells a more
positive story. Specifically, the survey
findings show that the desire to own a home has not been derailed by the difficult economic times we're experiencing and that Americans generally understand the important
role housing plays in creating new jobs, generating household wealth, and
sustaining a long term economic recovery. First, the question of rent or buy. While the dream of owning a home is certainly
alive and well, renting is on the rise because for many it’s become the only
option due to tough lending requirements.
When asked what sort of housing they would look for if moving to a new
location, 62% of the renters said they would have no
choice but to rent again. In sharp contrast, only 10% of home-owning
households said they would rent rather than buy another home. According to real estate website Trulia, buying was cheaper than renting in 74% of the
country's 50 largest cities. In addition
to a continuing decline in home prices, low interest rates have added a lot of weight to the buy side of
the scale. Add in the tax perks of home ownership and for those who can
afford it, it’s still a buyer's market. So, what are the expectations for home prices during the
next year? More than one-fourth (28%) of
the homeowners expect to see some decline in prices in the year ahead, and
one-third (33%) expect some increase in prices in their market area. Expectations vary from region to region. In the Northeast, 24% of the owners expect
home prices to decline some in the year ahead, and 35% expect prices to
increase. In the West and Midwest, about 30% of the owners expect prices to
decline some, and another 30% expect home prices to rise. In the South, 27% of the owners are expecting
prices to decline a bit more, and 34% expect prices to rise in the year ahead. In response to the question, “Have changes in home
prices influenced your home-buying decision?” 35% of owners and 38% of renters said
yes. And while 50% of homeowners under the
age of 35 reported that changes in home prices influenced their home buying
decision, that percentage fell with age:
37% for owners in the 35-44 age group, 28% for 45- to 64-year olds, and
17% for owner aged 65 or older. What seems to be sorely lacking in today’s market is not
desire but a real sense of urgency to buy a home now. Two out of three
homeowners and 23% of renters are comfortable with their current living
arrangements. And both owners (40%) and renters (45%) cited “no urgency to buy
now” as one of the principal reasons for staying out of the market. Another trend reflected in the survey findings is the increasing
number of people who are doubling-up with friends and family. More than one-third of the owner households and
about one fourth of the renter households are doubling-up – young adults with
parents, elderly parents with their adult children or grandchildren, unrelated
adults living together. In order to
project future housing demand, it is important to recognize the trend and
understand why it’s occurring, whether it’s to cut expenses and ride out the
recession, care for an aging parent, or for some other reason. For those who question whether or not to renovate in
order to remain in their current home, remodeling is becoming a more attractive
option in today’s housing market. One
out of five homeowners (22%) has recently completed a remodeling job or plans to
remodel in the next two years instead of buying another home. Baby-boom
generation homeowners are the most optimistic about the remodeling market, not a surprise given that homeowners over age 50 had a strong preference for
staying in their current home throughout their retirement years. Among
all respondents 50 or older, more than half (54%) said that they would stay in
their current home for their entire retirement. Another 18% said they would stay in their
current home first then buy another home later, and 10% said they would move to a different home (brand new or
existing) before retiring or had already bought another home after retiring. So all that said,
what’s the bottom line? Home ownership remains
an important part of the American experience and receives broad-based support
from all age, ethnic, and income groups. And even though more than half of
the homeowners surveyed experienced some decline in their home’s value over the
past year, they still regard homeownership as a good, long term investment. President HomeSmart LLC . |
Multi-Generational Housing: Turning One Home into Two
Posted on March 25, 2012 at 4:38 PM |
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In September, the Census reported that almost a third of households were “doubled up,” meaning
more than one generation of adults were living under one roof. All in all, 61.7 million
adults, or 27.7 percent, were doubled-up in 2007, rising to 69.2 million, or
30.0 percent, in 2011. The AARP Public
Policy Institute also confirmed multi-generational homes are on the rise in the
United States, reporting there were roughly one-half million more households
that were multi-generational in 2010 than in 2009, and that in the past two
years, the number of multi generational households grew faster than in any other
two-year period since 2000, coinciding largely with the recession of the past
few years. For a variety of reasons, both cultural and economic, families today are rethinking their housing needs. Adults are living together with their grandparents, in-laws, or grown children who are not economically ready to move out. Particularly for those who want a comfortable way to look after elderly parents, multi-generational living is an appropriate solution. Parents can comfortably live near their caregivers, while still providing independence and privacy for everyone. As a result, builders
are receiving more requests to build in-law suites or, as the term is starting
to emerge, to “turn one house into two.” An in-law
addition can be built just as any other home addition, can be purchased as a
modular unit that’s then attached to your home or set on your property, or can
be built in a garage (attached or detached). These suites typically are on a single level and usually comprised of a kitchen, bedroom,
bathroom, and a small living room area. In-law additions need to include extra
amenities so as to allow for aging in place, such as wider hallways and
doorways, no step entrances, extra room in front of bathroom and kitchen
cabinetry, grab bars, levered handled door knobs, comfort height toilets, and curb-less showers. You can find in-law home addition
plans in magazines and on the Internet that can often meet your requirements. If building new, expect to pay around $110 to $130 per square foot for construction. And while a remodel or addition can make the cost of an in-law prohibitive for some homeowners, it can be less expensive than the money required for long-term care for aging relatives in a facility - and a potential source of income down the road. Before getting too involved in the
idea however, check with your municipality to find out how your local zoning
and building codes affect this type of addition. There may be zoning issues to having two
separate residences on the same building lot, or special features that the
addition must include, like separate utility services, as mandated by code. President HomeSmart LLC |
Design: Bathroom Floors
Posted on March 11, 2012 at 6:53 PM |
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