Mandatory Property Upgrades Begin May 28, 2024
The U.S. Department of Housing and Urban Development and the Department of Agriculture announced updated Minimum Energy Standards for newly built federally supported single-family and multifamily homes. Once the codes take effect May 28, the departments will only insure mortgages for new homes built to the newly adopted standards.
Without adequate review and consideration of how it will affect home buyers or renters, HUD and USDA have rammed through a mandate that will do little to curb overall energy use but will exacerbate the housing affordability crisis and hurt the nation’s most vulnerable house hunters and renters.
Studies have shown that building to the 2021 IECC can add up to $31,000 to the price of a new home and take up to 90 years for a home buyer to realize a payback on the added cost of the home. This unreasonable trade-off for a new home buyer will do little to offer meaningful energy savings for residential homes and apartments and in fact, will make older, less efficient homes more attractive.
Mandatory Property Upgrades Begin
“The Biden-Harris administration has set a goal of building an additional 2 million homes and this new policy runs completely counter to that objective,” said NAHB Chairman Carl Harris. “HUD and USDA are supposed to help the most vulnerable home buyers and renters — not price them out of the housing market. This senseless nationwide codes mandate will significantly raise housing costs — particularly in the price-sensitive entry-level market for starter homes and affordable rental properties — and limit access to mortgage financing while providing little benefit to new home buyers and renters.”
Carl Harris, chairman of the National Association of Homebuilders trade group and a custom homebuilder from Wichita, Kansas, said in a statement. “Studies have shown that building to the 2021 IECC can add up to $31,000 to the price of a new home and take up to 90 years for a home buyer to realize a payback on the added cost of the home.”
Mandatory Property Upgrades Begin
-
Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
- Also available, much smaller aged websites (not just urls) for Real Estate agents and brokers in California. Yes, since I’m retired from Real Estate now I have a number of websites that are available that you can use for readings to your main site. The following real estate area sites are available but subject to prior sale, without notice: San Diego, downtown San Diego, Del Mar, Encinitas, Orange County, and Los Angeles. If you’d like to purchase any of these sites with all the content included, you can get them at a Bargain Basement price. Please contact me if you’d like further details.
- Interested, call Bob Schwartz (619) 286-5604 for additional information
-
#######
home water leak detector – https://flumewater.com?grsf=w79pta
+++++++++++++
Great 360 Camera – This is the one that I use not only for real estate but motorcycling & gold prospecting.
Direct from the manufacturer w/ Free shipping, special bonus accessory & even tax included.
Click camera photo below for more details and to see actual 360 video & photos taken with this amazing marvel, direct from manufacturer . . .
-
insta360 One X3
++++++++
DISCLAIMER:
- Some of the links in this description and in our videos may be affiliate links, and pay a small commission if you use them, but never increase the basic cost. I really appreciate the support. The content in my Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. I am a not financial adviser. I only express my opinions based on my experiences. Your experience may be quite different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on any investments. My produced videos are for entertainment purposes ONLY. DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer, financial advisor, or the appropriate professional for the subject you would like help with.
- Although no longer a licensed California real estate broker Bob’s 30 plus years of experience in the real estate industry with all the contacts that he has developed, he is able to provide referrals to the top real estate Professionals in any state within the United States. So, although you can’t get Bob to represent you personally, Bob can select a top real estate professional with years and years of experience to ensure that you get the best possible representation.
-
