Month: August 2023

Apache is functioning normally

Vibrancy and energy pulses through Franklin’s downtown district.

Shoppers wander in and out of clothing boutiques, vintage stores, home decor shops and more. Eateries are packed, while a steady stream of customers cycle through the coffee shops and cafes.

People come for movies or bowling, or stick around for weekend festivals or evening concerts.

“We have a really good variety of shops, compared to other places where everything is kind of the same. A lot of the shops have the shop owners in there working, which helps to created a sense of community,” said Christina Fletcher, owner of Possibilities: Home Re-Imagined.

Local business owners and officials want to make it easier for more people to experience all downtown Franklin has to offer. Nearly 30 boutiques, restaurants and other retailers are teaming up for a special shopping event, Shop the Blocks, on Thursday.

“Hopefully, it can become a somewhat regular thing,” said Jess Giles, executive of Discover Downtown Franklin. “Different people may not be able to shop because of work, now they can be in the downtown area.”

Participating businesses will stay open late for customers, adding special offers and deals, and providing other treats during the into-the-night experience.

Banding together and working as a team to spark sales emphasizes how unique and special Franklin’s downtown business community is.

“A rising tide lifts all ships. It’s been a weird year, so this is a way we can come together for shop owners,” said Fletcher, who is organizing the event.

Shop the Blocks is the most recent example of downtown businesses banding together to spark sales and reach new customers. Events such as the Holiday Open House and Shop Small Saturday have focused on bringing people in to shop, enticed by special deals and potential giveaways.

Discover Downtown Franklin and other local officials recently met with Indiana Main Street, an organization focused on helping downtowns revitalize. One of their key suggestions was for businesses to offer expanded, later hours, Giles said.

“People are wanting to shop either on Mondays or in the evening. Before we were even able to send out the results of that discussion, Christina had already come up with the idea and voiced it to other active merchants in town,” she said.

Fletcher, who moved Possibilities into its new home earlier in 2023, had done similar events with like-minded shops in the past. Their new location at 101 E. Jefferson St. linked the grouping of vintage stores and boutiques on either end of Jefferson Street, serving as a bridge for shoppers.

“When we first opened up here, the city and the chamber (of commerce) were excited because it was a connector, but what comes with that is people weren’t used to shopping here,” Fletcher said. “I thought this was a way to get the word out that we’re here, and working with other business owners to get more people downtown.”

Quickly, a large number of other businesses signed up. With Franklin becoming a destination for trendy stores selling home decor, repurposed furniture, vintage decorations and more, they hoped to take advantage of the extended hours.

“A lot of the shops close so early, so people can’t go shopping even though they want to,” Fletcher said.

But a diverse range of businesses also wanted to be part of Shop the Blocks. Eateries such as Millie’s Ice Cream Co., Frozen Paradise, Court Street Cafe, Benjamin’s Coffeehouse & Bakeshop, The Local Grind, 1823 Bakehouse and Hoosier Cupboard Candy, Snacks and Ice Cream will give shoppers a taste of what Franklin has to offer.

People can pick up something to read at Wild Geese Bookshop, fabric art supplies at the Knitting Otter and a new candle at Middle Davids Artisan Candles.

Even kids can find something fun, as Toodleydoo Toys is taking part as well.

To entice people to Shop the Blocks, each place will have unique offerings showcasing what makes them special. Some plan out wine sampling for people while they shop; others serve appetizers or other finger food.

Possibilities will have its one-of-a-kind tasting bar available, allowing people to sample different olive oils and balsamic vinegars.

“I didn’t want it to be too structured. I wanted them to be able to do their thing, and allow customers to experience those shops for who they are, not a construct put up around it,” Fletcher said.

One-day-only sales and deals will also be available.

Fletcher is optimistic that the event will be popular with the community, enough so that participating businesses, and others who want to be a part of it, are interested in additional Shop the Blocks.

“Other communities have First Fridays and things like that, so we want to turn it into a monthly event,” she said.

IF YOU GO

Shop the Blocks

What: Nearly 30 local shops and restaurants extend their hours for an evening of unique shopping and dining experiences. The event is designed to stimulate local economy, encourage community members to support local businesses, and provide an exciting and vibrant atmosphere for attendees.

When: 5 to 8 p.m. Thursday

Where: Various downtown Franklin businesses

Participating businesses: FrenChic, Farm Girl Mercantile, Salvage Sisters’ Antique Market, Bay 7 Vintage, Possibilities: Home Re-Imagined, The Grove – Botany Boutique, Toodleydoo Toys, Franklin Jewelers, Eclectic Jade, Small Town Girl Boutique, Vintage Whimsy, Blackbird Design is At Home With Heartland, At Home With Heartland, Middle Davids Candles, Wild Geese Bookshop, Millie’s Ice Cream Co., Frozen Paradise, Court Street Cafe, Benjamin’s Coffeehouse & Bakeshop, T-Shirt Express, Thanks for The Thyme, The Local Grind, Brick Street Boutique, The Knitting Otter, BYTAVI, 1823 Bakehouse, Hoosier Cupboard Candy, Snacks and Ice Cream, Madison Street Salvage

Information: ShopTheBlocksFranklin.com

Source: dailyjournal.net

Apache is functioning normally

Loan modifications carried out by mortgage financiers Fannie Mae and Freddie Mac surged since their government takeover, according to the FHFA’s November Foreclosure Prevention Report released today.

“Loan modifications for October and November, which were the first two full months of the converservatorship, increased by 50 percent from the previous two months,” said James Lockhart, FHFA director.

“These data reflect the increased commitment of the servicers and the GSEs to help borrowers in trouble modify their loans to keep them in their homes.”

Which begs the question, what were they doing prior to the takeover? Answer: mainly simple repayment plans.

Loan modifications increased from a monthly average of 2,883 in 2007 to roughly 5,000 a month in linked quarters, then climbed to 5,600 in October and 8,291 in November.

Actual loan mods accounted for 24 percent of all loan workouts in November, up from 16 percent a month earlier and 13.7 percent in September, but nowhere near the 66 percent share in 2007 (that could be attributed to the sharp rise in repayment plans).

Both foreclosure starts and foreclosure sales spiked in October before falling precipitously in November, and will likely fall even further thanks to recent measures to halt such activity.

The loss mitigation ratio, which is total loss mitigation activities (loan mods, payment plans, short sales, charge-offs, etc) divided by the total of loss mitigation activities plus foreclosures completed and third-party sales increased to 61.7 percent in November.

That’s the highest level since June, when it stood at 64.8 percent, and significantly higher than the year-to-date ratio of 55.2 percent.

However, loan delinquencies show no sign of letting up, with both 60+ day and 90+ day lates nearly doubling since March 31.

Fannie Mae to Loosen Guidelines on Rate and Term Refis

Fannie Mae has also announced plans to ease underwriting and appraisal guidelines on rate and term refinances of Fannie Mae owned loans in an effort to allow more troubled borrowers to take advantage of the low mortgage rates currently on offer.

The so-called “DU Refi Plus” loan program will begin on April 4.  Hopefully interest rates will still be low…

Source: thetruthaboutmortgage.com

Apache is functioning normally

If you’re currently in the market to purchase a home, you’re probably pretty frustrated. After all, it has become increasingly difficult to find a property thanks to ongoing inventory constraints.

Factor in investors you have to compete with and renting starts to sound a lot more realistic.

Over the past few years, investors have been leading the recovery, namely the big gun hedge funds buying up thousands and thousands of distressed properties.

But they’ve been going with the buy and rent strategy, as opposed to the classic buy and flip approach.

Still, classic flippers have been able to get back in the game thanks to the rebounding real estate market, though after a steady increase in business, numbers are on the decline again, according to RealtyTrac’s Q1 2014 U.S. Home Flipping Report released yesterday.

During the first quarter, single-family home flips, which RealtyTrac defines as two sales that occur within six months, accounted for 3.7% of all home sales.  That number is down from 4.1% in the fourth quarter and 6.5% a year earlier.

However, flippers have gotten better at what they do because the average sales price of a flipped home during the first three months of the year was $55,574 higher than the average original purchase price, up from $51,805 a year ago.

And the unadjusted return on investment was 30% of the average original purchase price, up from an unadjusted ROI of 28% a year earlier.

House flippers appear to be benefiting by purchasing more expensive homes, which increases their margins, according to some real estate brokers referenced in the report.

However, that means flips are turning over more slowly, with flips completed in the first quarter taking an average of 101 days to complete, up from 92 days in the fourth quarter and 79 days in the first quarter of 2013.

New York Is the Flippiest Metro in the Nation

Wondering where the most flips are taking place? Well, New York led the large metros with a 10.2% share, followed by Jacksonville (10%), San Diego (7.1%), Las Vegas (6.7%) and Miami (5.9%).

New York was also the volume leader with 1,791 flips completed in the first quarter, followed by Phoenix (894), Los Angeles (828), Miami (749), and Riverside-San Bernardino (627).

Metros that saw the biggest year-over-year increases in flips included San Antonio (up 52%), Nashville (up 50%), Indianapolis (up 47%), Austin (up 35%), and Providence (up 33%).

Conversely, flips as a share of home sales were down big from a year earlier in New Orleans (-83%), Baltimore (-81%), Minneapolis (-80%), Richmond, VA (-80%), and Detroit (-76%).

They also took a dive in New York (-37%), Phoenix (-39%), Riverside-San Bernardino (-22%), Atlanta (-57%), and Chicago (-29%).

Are Flips Worth Buying or Simply a Ripoff?

Unsurprisingly, an overwhelming 82% of flipped properties went to owner-occupants, seeing that investors don’t typically flip homes to sell to other investors.

But 18% did go to a buyer with a different mailing address than the subject property, and 43% were all-cash sales.

Flipped homes are clearly very appealing to home buyers, namely because they’re designed to be exactly that.

Flippers know precisely what to upgrade/update/fix/renovate to make the home extremely attractive in today’s market.  They also know how to list homes properly.  If you browse through listings, you’ll probably be drawn to the flipped homes for that reason.

But if you scroll down to the transaction history of the home, you may be a little perturbed to see the list price 50-100% higher than the last sales price that occurred just months before.

Sadly, this market is so constrained that people don’t even care and will bid full price regardless of the huge markup.

At the end of the day, plenty of buyers want a move-in ready home, so paying a premium to get something all ready to go makes sense.

The downside to flips, other than the ridiculous price tags, is the quality of the work. When you walk into some flips, it’s immediately obvious that the flipper used the cheapest materials they could find to get the job done.

Often going as far as to mix and match materials to make things work, even if they don’t actually go together. So flips aren’t necessarily in better shape, they could just be hiding a lot of the bad with superficial upgrades.

As always, do lots of homework, ask a ton of questions, and inspect homes thoroughly before making an offer.

Source: thetruthaboutmortgage.com

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Simple moving averages are one of the indicators that investors use in technical analysis to help them choose stocks. They’re the average of a range of the prices of a stock over a given time period.

Here’s how to calculate simple moving averages, what they represent, and how to use the information they provide.

What Is Simple Moving Average (SMA)?

A simple moving average is the average price of a stock, often its closing price, over a specific period of time. It’s called “moving” because stock prices always change. As a result, charts that track SMA move forward as each new data point is plotted. Investors use simple moving averages and other technical indicators to help them get an idea of the direction a stock price is moving based on previous prices.

While simple moving averages can give investors a sense of what could happen in the future, they have limitations. That’s because simple moving averages reflect past data, so they only represent past trends.
💡 Quick Tip: Look for an online brokerage with low trading commissions as well as no account minimum. Higher fees can cut into investment returns over time.

Formula for Simple Moving Average

To calculate a simple moving average, Investors take the average closing price of a financial security and divide it by a set number of periods.

The formulas is as follows:

SMA = (P1 + P2 + P3…+ Pn)/n

P is price and n is the number of periods.

Let’s take a look at an example of stock price over a period of 10 days.

Day (n) Closing price (P)
1 $40
2 $42
3 $47
4 $51
5 $46
6 $44
7 $40
8 $38
9 $37
10 $36

To arrive at the simple moving average, first total the closing prices and divide by the number of periods.

SMA = (40 + 42 + 47 + 51 + 46 + 44 + 40 + 38 + 37 + 36)/10 = 421/10 = $42.10

On day 11, if an investor wants to continue looking at a 10-day average, they would drop the first data point in the list above and add the closing price from the eleventh day, shifting the moving average forward by one data point. They would continue to do this for each subsequent day, and in this way, the average continues to move.

What Does SMA Show You?

Analysts often plot simple moving averages as a line on a chart of individual data points. The line helps smooth out movement, making it easier to identify trends. If the line representing the SMA is moving up, then the price of the stock is trending up. Conversely, if the SMA is moving down, prices are also trending downward.

For long-term trends investors typically look at SMA over 200 days, while intermediate trends may focus on a 50-day period. Short-term trends typically use fewer than 50 data points.

Longer-term SMAs can help smooth out stock volatility, but they also have the biggest lag when compared to current prices.

What Are Crossover Signals?

Investors may chart two SMAs — one relatively short and the other long — to generate crossover signals, points when the lines cross, which can help identify moments to buy or sell a stock.

When the shorter moving average crosses above the longer moving average, it is known as a “golden cross.” This is a bullish signal that tells investors that stock prices are trending in the upward direction. On the other hand, a bearish “death cross” occurs when the shorter moving average crosses below the longer moving average. This is a signal that prices are trending down.

What Are Price Crossovers?

Price crossovers are another signal investors may generate to help them identify moments to buy and sell. When a stock’s prices crosses over the moving average, it generates a bullish signal, and it generates a bearish signal when stock prices crosses under the moving average.

One Step Behind

Though analysts use SMAs to identify trends, they are still lagging indicators. SMAs reflect events that have already taken place, making it a “trend following” metric. In other words, they’ll always be a step behind what is happening in real time. As a result, SMAs do not predict future prices, but they can provide investors with some insight into where prices may be going.
💡 Quick Tip: Are self-directed brokerage accounts cost efficient? They can be, because they offer the convenience of being able to buy stocks online without using a traditional full-service broker (and the typical broker fees).

SMA vs Other Moving Averages

There are other moving averages investors may use when performing technical analysis on a stock. These help investors flesh out recent trends in stock price movement, but they also tend to be a bit more complicated to calculate.

SMA vs Weighted Moving Average

Like SMAs, weighted moving averages (WMAs) help establish the direction in which a stock price is likely moving. However, they put more emphasis on recent prices than SMAs.

Investors calculate a WMA by multiplying each data point by a weighting factor. That gives more weight to recent data and less weight to data farther in the past. The sum of the weighting must add up to 1, or 100%. Simple moving averages, on the other hand, assign an equal weight to each data point.

The formula for WMAs is:

WMA = Price1 x n + Price2 x (n-1) +…Pricen/[n x (n+1)]/2

Where n is the time period.

SMA vs Exponential Moving Average

An exponential moving average (EMA) also gives more weight to more recent prices. However, unlike WMAs, the rate increase between one price and the next is not consistent — it is exponential. Analysts typically use EMAs over a shorter period of time, making them more sensitive to price movements than SMAs are.

The formula for EMA is:

EMA = K x (Current Price – Previous EMA) + Previous EMA

K = 2/(n+1)

n = The selected time period.

For first-time EMA calculations, previous EMA is equal to SMA, an average of all prices over a number of periods, “n”.

Which Moving Average Is Better?

Each moving average has its own place in an investor’s tool belt. Investors may use WMAs and EMAs — which emphasize recent data — if they are worried that lags in data will reduce responsiveness. Some investors believe that the exponential weight given by EMAs makes them a better indicator of price trends than WMAs and SMAs.

Some more complicated indicators require a simple moving average as one input for calculations.

The Takeaway

If you’re just starting out as an investor, it can be hard to know which stocks to buy and when to buy them. Technical analysis strategies, such as moving averages, can help narrow your search and clue you in to potentially advantageous times to buy or sell.

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Source: sofi.com

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Where time-honored traditions meet the rhythms of modernity.

Charleston is more than just a city, it’s a cohesive collection of culture, cuisine and history. But like any great tale, the story of moving to Charleston, SC, isn’t just about the place. It’s about the journey, the experiences, the unexpected nuances and the age-old secrets whispered between cobblestones. If you’ve ever considered relocating to this Southern gem, there’s a new life narrative awaiting your discovery.

Charleston by the numbers

  • Population: 151,612
  • Average age: 35.3
  • Median household income: $71,755
  • Average commute time: 24.1 minutes
  • Walk score: 70
  • Studio average rent: $1,772
  • One-bedroom average rent: $1,837
  • Two-bedroom average rent: $1,502

Living in Charleston, South Carolina

Moving to Charleston is like stepping into a genteel time capsule, where cobblestone streets and antebellum architecture spin stories from the past. The air is thick with the aroma of magnolia trees and brackish water. Here, Southern hospitality isn’t just a phrase — it’s a way of life. The food, punctuated with soulful Lowcountry cuisine, is a delightful symphony of flavors. Expect shrimp and grits, she-crab soup and oysters fresh from the ocean. You might even find yourself in a local joint with the hum of jazz or bluegrass in the background, tying together history and modern sensibility.

While the city brims with historic charm, don’t be fooled—there’s a youthful vibrancy. College students, artists and entrepreneurs mingle at cafes and galleries, injecting a contemporary energy into the city’s timeworn streets. The festivals and markets, whether celebrating the arts, food or local history, keep the culture of Charleston alive and thriving.

The coastline, too, plays an integral part in Charleston’s allure. A short drive will lead you to pristine beaches where the horizon seems endless. Anyone considering moving to Charleston, SC, should be prepared for a more leisurely pace compared to other cities of its size. Here, moments are savored, conversations are cherished and the beauty of everyday life takes center stage.

In short, Charleston offers a harmonious blend of old-world charm and new-age dynamism, making it the ideal spot for those seeking a life enriched by history, culture and natural beauty.

Charleston’s top neighborhoods

In a city of more than 150,000 like Charleston, you’ll have plenty of choices for where to lay down your Lowcountry roots. Check out these top picks for neighborhoods.

Downtown Charleston (Historic District)

At the heart of Charleston lies the Historic District, a patchwork of cobblestone streets and centuries-old homes. This area is a dream for history buffs, with tons of landmarks, theaters and museums. It’s bustling, pedestrian-friendly and a proper representation of the charm and elegance the city is known for.

Mount Pleasant

Situated just across the Cooper River, Mount Pleasant blends suburban comforts with a touch of seaside allure. With tree-lined streets, large parks and chic shopping centers, it’s a great spot for families and young professionals alike.

West Ashley

Named for its geographical location west of the downtown peninsula, West Ashley has a healthy selection of dining, shopping and recreational activities. Rich in history and natural beauty, spots like Middleton Place and the West Ashley Greenway are particularly captivating.

James Island

Nestled between downtown and the sea, James Island exudes a relaxed vibe. The Island’s proximity to Folly Beach and the James Island County Park, equipped with a climbing wall and splash zone, makes it a magnet for outdoor enthusiasts.

Daniel Island

A master-planned community, Daniel Island promotes a balanced live-work-play lifestyle. Its manicured parks, pristine tennis courts and a plethora of dining and shopping options create a tight-knit, community-centric atmosphere that’s welcoming to all.

Folly Beach

A laid-back beach town where the surf and sand reign supreme. Folly Beach offers an array of water-based activities, from surfing to fishing and more. The atmosphere is casual, epitomized by the beach bars and seafood joints that line its streets.

Each of the neighborhoods above provides a distinct flavor of Charleston, catering to varied tastes and lifestyles. From the historic allure of Downtown to the coastal vibe of Folly Beach, the city’s mosaic of neighborhoods ensures everyone finds their slice of Southern heaven.

Three pros of moving to Charleston

Natural beauty and coastal allure: With its serene beaches, salt marshes and sun-dappled streets, Charleston’s beauty is undeniable. Whether you’re watching a sunrise over the Atlantic or enjoying a sunset in the marshland, Mother Nature’s artwork is always on display.

Genuine Southern hospitality: The warmth of Charleston’s community is palpable. Here, people greet you with a smile, neighbors quickly become friends and the sense of community is deeply rooted.

Rich history: Moving to Charleston means quickly becoming immersed in a city steeped in history. From preserved antebellum homes to landmarks like Fort Sumter, the city is a living museum, ensuring a daily dose of education and wonder for its residents.

Charleston’s famous food scene

Charleston’s food scene is a sensory journey where old-world traditions meld seamlessly with avant-garde creativity. Dive into the soul of the Lowcountry with dishes like shrimp and grits — a velvety harmony of flavors that tell a tale of land and sea.

But Charleston’s culinary canvas isn’t just painted in shades of seafood. The city embraces its agrarian roots with fervor, yielding farm-to-table experiences that are equal parts earnest and sophisticated. Meander through its historic streets, and you just might stumble upon a smoked barbecue joint that could put any place in Kansas City to shame.

Yet, what truly sets Charleston apart is its fearless spirit of reinvention. Among the storied establishments are modern eateries, led by maverick chefs pushing boundaries, experimenting with classic Southern flavors to create dishes that are fresh yet familiar.

And let’s not forget the drinks. Whether it’s the sweet allure of Southern iced tea or the burn of a finely crafted bourbon, Charleston’s beverage scene is as diverse and dynamic as its food. Craft breweries and innovative cocktail bars abound, ensuring the city’s thirst for creativity remains quenched.

The art scene in Charleston

Charleston has long been a simmering pot of artistic endeavors. Music permeates the air, where jazz, bluegrass and gospel merge in a symphony that’s as old as the city itself. Street corners become impromptu stages, with buskers and musicians evoking the soul of the Lowcountry. It’s a place where a bar’s soft hum can swiftly transform into a full-blown jam session, paying homage to Charleston’s deep-rooted musical legacy.

The visual arts, too, are omnipresent. Galleries dot the landscape, offering a kaleidoscope of works that range from traditional Southern landscapes to audacious contemporary pieces. And it’s no surprise that the annual Spoleto Festival USA calls Charleston home, bringing a whirlwind of world-class performances in theater, dance and opera to the city’s many theaters and open-air venues.

Beyond the established venues, there’s an undercurrent, a grassroots movement of young, rebellious artists. They congregate in tucked-away studios and pop-up events, challenging the status quo while redefining Charleston’s artistic narrative. Their work is edgy, provocative and a testament to the city’s evolving identity.

The literary world isn’t left behind either. Driven by its storied past and the allure of its Southern charm, Charleston continues to inspire novelists and poets. Literature festivals and intimate readings invite participation, blending the rich tapestry of stories old and new. Beyond all that, Charleston is also gaining on Atlanta as the ‘Hollywood of the South’ with hits like The Righteous Gemstones and more being filmed within the city limits each year.

Outdoor activities in Charleston

First stop: the waters. Kayak through the serene salt marshes, where the ebb and flow of the tides narrate a tale as ancient as the city itself. These waters have seen pirates, settlers and now, perhaps, a pod of playful dolphins tailing alongside your boat. For those looking for a deeper communion with the ocean, there’s always paddleboarding, or simply casting a line from one of the many public piers.

The beaches near Charleston, like Folly Beach and Isle of Palms, are perfect spots for a full day of fun under the sun. Surf the waves, hunt for seashells or simply let the rhythmic dance of the ocean lull you into a sun-soaked nap. For those looking for a more secluded area, the sands of Sullivan’s Island offer solace with a side of history.

But beyond the beaches, there’s the delightfully green embrace of places like the Magnolia Plantation and Gardens. Wander through gardens that seem plucked from a dream, where centuries-old oak trees draped in Spanish moss play guardian to a riot of azaleas, camellias and other wild blooms.

For cyclists and hikers, the West Ashley Greenway offers miles of trails, taking you through urban scapes, wetlands and forests. It’s a slice of nature in the midst of civilization.

Three cons of moving to Charleston, SC

Tourists, and lots of ’em: Charleston is no longer the sleepy Southern secret it once was. With increasing popularity, it has become a hot spot on the travel circuit. So if the idea of weaving through crowds of camera-toting folks with sun hats and pastel shorts doesn’t appeal to you, you might find certain areas of the city a touch…overwhelming.

Hurricane season: The risks and subsequent insurance costs from hurricanes are genuine concerns here. It’s the not-so-charming part of coastal living.

Pricey living: The secret’s out, and everyone wants a piece of the Charleston charm. With increasing demand, living here ain’t cheap. From housing to dining, you’ll feel the sting of its growing popularity in your wallet.

Make the move to Charleston today

In the grand odyssey of life, where we choose to plant our roots can shape our stories in ways we never anticipated. Moving to Charleston, SC, isn’t merely a change of address. It’s an embrace of a lifestyle, a dive into a rich stew of history and modern flair.

Yet, as with any location, there’s an ebb and flow — moments of magic juxtaposed with the challenges of new beginnings. As the sun sets over the marshes and you find yourself reflecting on the decision, one thing’s certain: Moving to Charleston is an adventure, with every day turning a new page in your personal story.

Source: rent.com

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The popularity of growing your own garden has literally, well, grown over the past few years from homegrown herbs to houseplant huddles. But embarking on the journey of nurturing an indoor garden is an exciting yet daunting endeavor, especially for those taking their first steps into the world of plants.

Gardening indoors is a great way to connect with nature while developing personal responsibility. Plants also offer therapeutic and health benefits, making growing greenery multi-beneficial. We’ve gathered our ultimate indoor garden ideas tailored to first-time plant owners, providing inspiration and insights to help you curate your own green garden.

Benefits of growing plants

Developing your green thumb has multiple benefits that make nurturing plants not only a fulfilling hobby but also a rewarding lifestyle.

Stress reduction

Studies show that people who spend time cultivating plants have less stress in their lives. Plants soothe human beings and provide a positive way for people to channel their stress into nurturing. Indoor plants also help improve attention span and memory due to the daily tending to the plants.

Hobby/ learning opportunity

Growing your own indoor garden is a great way to spend time while learning about something new. Depending on the plant you growing, you have to research the specific needs and tend to them as needed, making it a great pastime within the comfort of your own home.

Aesthetic appeal

Plants add a touch of nature, color and vibrancy to the room they’re placed in. This easily increases the appeal of a room and serves as a great conversation starter as well.

Cons of indoor gardening

Of course, with all the benefits, comedy has a few downsides when it comes to green thumb life.

Limited space

When living in smaller quarters, plants can require more space to grow. This limits your selection of the type of plants you can grow. In smaller quarters like an apartment, you also run into the trouble of finding ample natural lighting which certain plant types require.

Maintenance and care commitment

Embracing your green thumb requires a lot of commitment when it comes to tending to the plant and keeping up with the maintenance surrounding your greenery. Depending on your plants, this can include watering, fertilizing, pruning, repotting and cleaning loose soil or fallen leaves.

Harmful for furry friends

Plants are not exactly pet friendly. Many common indoor plants are toxic to pets if ingested. Pets, especially cats and dogs, might be curious and nibble on leaves or dig in the soil, leading to potential poisoning. This requires research into non-toxic plants or just choosing plants that are out of pet’s reach.

Indoor garden ideas to get you started

By following these steps and tips, you will create an appealing arrangement for your indoor garden that will enhance the overall aesthetic of your space.

Assess your space and lighting, especially in small spaces

When embarking on your plant-growing journey, the first step is to find the best spot in your apartment based on space and lighting. You may have a lot of ample floor square footage for a cluster of plants, a top of a bookshelf to fill with greenery or space in the kitchen for a small herb garden. It all depends on the natural lighting in the space and the open room for plants to grow.

Select your plants and gather the necessary supplies

Now that you’re aware of the space you need to fill and the access to lighting, it’s time for the fun part, selecting your new plant or plants. When looking around, it’s important to also research the specific care requirements for each plant you choose so you’re aware of the commitment that comes with each one. This involves pots, containers, soil/fertilizer, watering supplies, gardening gloves and other additional tools depending on what the greenery requires. With your tools and plants in mind, check out these arrangement ideas and their suggested plants.

Placement ideas for your indoor garden

Location, location, location applies to not only your home but to your garden as well. Here’s how to make the most of the space you have and watch your new garden thrive.

Vertical garden

A vertical garden is a popular choice for those who lack usable floor space for their gardens. Use hanging planters, wall-mounted shelves or trellises to grow your trailing plants in a controlled way.

Recommended plants: pothos, philodendron, string of pearls, spider plant and English ivy.

Herb garden on a window ledge

Most apartments have window sill space which can make for the perfect spot to start an herb garden. Herbs require light so placing them here ensures better success for growing your herbage.

Recommended plants: basil, chives, mint, parsley and thyme.

Terrarium

If you’re looking for an arrangement that’s a little less time-consuming and more contained than free-standing plants, look no further. These mini-ecosystems, contained in a glass container, are filled with smaller plants and decorative items.

Recommended plants: succulents, tillandsia (air plants), mosses, ferns and fittonias.

Floating shelf garden

Another easily manageable garden idea is a floating shelf garden. Floating shelves are great for arrangements of compact plants and succulents. Because floating shelves are higher on walls, this is a great option for pet owners.

Recommended plants: string of pearls, golden pothos, succulents, lipstick plant and burro’s tail.

Corner cluster

For apartments with more floor space, consider a corner cluster. This is a more traditional garden and is ideal for those wanting to grow exotic plants that require vertical and horizontal space to grow. Typically, pre-potted larger plants thrive here, creating visual interest while serving as an outlet of creativity when designing the cluster.

Recommended plants: fiddle leaf fig, snake plant, monstera deliciosa, bird of paradise and ZZ plant.

Centerpiece

If you’re intimidated by taking on a larger garden, opt for a centerpiece garden to start off. Centerpieces are great decor while allowing gardeners to learn and practice their skills before taking on larger green projects.

Recommended plants: bonsai trees, succulents, miniature orchids, tillandsia (air plants) and peace lilies.

Nurturing nature’s beauty with indoor garden design

Gardening has the power to not only make indoor spaces look better but also provide us with fresh goodies and a unique hobby. No matter your level of plant knowledge, indoor gardening is a superb way to connect with nature, learn new things about yourself and enjoy the simple happiness of watching your plants thrive right alongside you. Breathe new life into your apartment today!

Source: apartmentguide.com

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A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit.  

The best price reduction conversation is the one you never have to have. All pricing scripts are best used at the listing table!  

Don’t lose the listing of a motivated, have-to-sell seller over price. If they have sell, you have to take the listing! Someone is going to make a commission. Shouldn’t it be you?  

Proper previous planning prevents pitifully poor pricing!  

Don’t go to your next listing appointment unless you know the following items:  

What the seller wants, needs or thinks it’s worth

Pricing the home correctly in the first place prevents future price reduction drama. It’s not unusual for a homeowner to believe that their home should fetch a price higher than the comps. You should always find out how they arrived at ‘their’ price. Learn that information before you arrive at the appointment so you can better strategize, explain the pricing strategy and consider how to ultimately price the home.  

Try saying the following when the seller requests a list price that is too high: “That’s interesting, ‘seller.’  How did you arrive at that price?” Listen to their answer, carefully!

Secret #1

Sellers overprice out of either ignorance or arrogance. Even in a hot seller’s market, there is aspirational pricing. You can price too high. Ignorance is when they just don’t know how to price a home. Square feet matters, bedrooms, baths, views and condition are all taken into account. Arrogance is when they won’t listen to comps and have reasons other than real value to try to justify their price. 

Secret #2

Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. Private sales, for sale by owner and other sales not found in your MLS could be really good comparable homes, so ask good questions and don’t just assume your seller is overpriced.  

The average days on the market

You should know this stat for properties like your subject property. This information helps set both your expectations and the homeowner’s expectations. Not just for your town or even zip code, but for their neighborhood, school district and MLS code. Drill down as best you can to understand the days on the market for homes as similar to theirs as possible. Sometimes even the style of the home can make a difference.  

The list to sell price ratio

This data helps you combat the ‘price it high, let them negotiate’ objection. It can also help you know if you can price it right on the mark and expect to get slightly more. Are homes selling on average for 105% of the list price? Or, are sellers in the subject neighborhood typically settling at about 95% of the list price?  

Know the number of homes competing with your subject property

What are you up against? How would it compare in the eyes of the buyer? If you’re showing your new listing versus its competition, do you look priced right, overpriced or priced so well you’d be dying to write an offer and snap it up?  

Secret: If you’re the only home on the market in the entire zip code or MLS code,  you can price it higher than you could if there were seven other competing homes, all within the same neighborhood. Especially if the competing homes are basically the same size and age. In that case, you need to be staged better and priced better than your competition or you’ll be the  one who’s stuck doing price reduction calls in about 60 days.  

Secret: The next time you have to do continuing education, take an Appraisal class. This will help you become more confident in your pricing strategy. It will show you multiple ways of arriving at the correct price. Don’t just use ‘cost per square foot’ to arrive at the right price!  

New construction in the area that competes with your potential listing

Remember when builders provide in-house financing, they often can sell a more expensive home for the same payment as your resale. If there are new homes going up, be certain to tour them and understand the builder’s perks and financing before you go to your listing appointment.  

Secret: A resale home for $350,000 may be competing with new construction as high as $500,000 if the builder has buy-downs and in-house financing with incentives that reduce the mortgage interest rate. Know what’s going on with the new construction! Have the new build salespeople explain their different mortgage plans to you. Ask lots of questions like, ‘what happens when they have build clients who need to sell their old  house?’ 

What is the seller’s time frame

Ideally, when does the home need to sell and close by?  

Secret: If they don’t actually have a time frame, you may have a problem! The less motivated they are, the higher they may wish to price the home. That is a recipe for a tough relationship.  

What is motivating the sale?

When you know why they want to or have to move, you can use this to stay on task during the appointment, referring to their needs and making it more about them than about you. This can also greatly affect your pricing strategy. If they are closing on a new home in 60 days, your strategy will be different than if they want to sell first, rent for a while and then decide what to do later. If you don’t find out, you’ll be left guessing, and guessing is not a good strategy.

Secret: You can actually win a competitive listing situation by simply asking and then focusing on exactly what the seller really needs. Be the one who is their problem solver, not the agent who assumes they know everything. Sellers appreciate the attention to detail and focus on their needs.  

Are they listing and buying or just listing?

Is there a referral needed for where they’re moving to? Are they already in contract on something? Is there more than one transaction for you to help them with?  

What happens if it doesn’t sell?

Or, if they don’t get their ideal price? Is keeping the house an option? If they’re thinking about  perhaps turning it into a rental property, you should do your research about going rates for a home like this one. Can they break even or make money on the potential lease payment, or would they be losing every month? You can see how it would affect your strategy and pricing. 

How did they happen to call you?

Track your sources of business. Tracking where your listing appointments are come from will tell you what’s working. Do more of what’s working and fewer things that are speculative and costly.  

What’s the bottom Line?

Don’t go to any listing appointment without having the answers to the ten points we discussed here. Knowledge equals confidence. Ignorance equals fear. You’ll present more confidently and walk away with not only the listing but also the seller’s trust. Start out the relationship right if you expect to have a great relationship, including repeat and referral business!  

Tim and Julie Harris host a podcast for real estate professionals. Tim and Julie have been real estate coaches for more than two decades, coaching the top agents in the country through different types of markets.

Source: housingwire.com

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Welcome to a captivating journey through the heart of Maine’s charming small towns, where unique experiences, warm communities, and natural beauty come together to create an enchanting tapestry. From historic districts to breathtaking landscapes, each town offers its own distinctive allure waiting to be uncovered. Join us as we delve into the 8 small towns in Maine including Greenville, Lincoln, Caribou, and many more.

1. Greenville, ME

Median sale price: $295,000 

Walk Score: 48

Located amidst Maine’s picturesque scenery, Greenville invites you to explore its natural wonders and local treasures. The town’s connection to nature is reflected in its outdoor activities and opportunities for exploration, from hiking trails to serene lakes. Greenville’s community spirit shines through local events and gatherings that bring residents together.

Homes for sale in Greenville, ME

Apartments for rent in Greenville, ME

2. Lincoln, ME

Median sale price: $124,000 

Walk Score: 51

Lincoln welcomes you to experience its small-town charm and unique offerings. The town’s historic district features well-preserved architecture and local shops that offer a glimpse into its past and present. Explore the local parks and green spaces that provide opportunities for relaxation and outdoor activities.

Homes for sale in Lincoln, ME

Apartments for rent in Lincoln, ME

3. Caribou, ME

Median sale price: $176,712 

Walk Score: 22

Caribou beckons you to discover its tranquil atmosphere and local highlights. The town’s natural surroundings are reflected in its outdoor spaces and recreational opportunities. Whether you’re enjoying the peace of nature or participating in town traditions, Caribou captures the essence of Maine’s peaceful and close-knit spirit.

Homes for sale in Caribou, ME

Apartments for rent in Caribou, ME

4. Farmington, ME

Median sale price: $240,000 

Walk Score: 73

Farmington exudes a New England feel with its historic downtown and vibrant arts scene. Visitors can explore the Farmington Historical Society and its Homestead, which provides insights into the town’s heritage. The Narrow Gauge Cinema offers a unique movie experience in a renovated railway station, combining entertainment with a touch of nostalgia.

Homes for sale in Farmington, ME

Apartments for rent in Farmington, ME

5. Blue Hill, ME

Median sale price: $240,000 

Walk Score: 53

This small town in Maine has a natural beauty that’s reflected in its parks, hiking trails, and opportunities for outdoor leisure. While in Blue Hill, discover the local shops and markets that showcase the town’s unique character and local craftsmanship.

Homes for sale in Blue Hill, ME

Apartments for rent in Blue Hill, ME

6. Freeport, ME

Median sale price: $600,000

Walk Score: 64

This town’s connection to the sea is evident in its waterfront activities, boating opportunities, and maritime history. Spend an afternoon exploring local shops and boutiques that offer a variety of treasures and unique finds. Whether you’re enjoying coastal leisure or participating in town traditions, there’s always something new to experience in Freeport.

Homes for sale in Freeport, ME

Apartments for rent in Freeport, ME

7. Camden, ME

Median sale price: $1,415,000 

Walk Score: 74

Camden’s scenic elegance is reflected in its harbor views, sailing opportunities, and outdoor activities. Visitors can hike up to Mount Battie for breathtaking panoramic views of the harbor and surrounding landscapes. Camden is also a great place for movie lovers. The  annual Camden International Film Festival draws cinephiles to celebrate documentary filmmaking against the stunning backdrop of the town.

Homes for sale in Camden, ME

Apartments for rent in Camden, ME

8. Dexter, ME

Median sale price: $163,500 

Walk Score: 55

Living in Dexter offers a serene small-town lifestyle surrounded by natural beauty. Residents often enjoy leisurely walks along the shores of Lake Wassookeag, taking in picturesque sunsets or engaging in water activities like kayaking and fishing. The annual Dexter Daze Festival brings the community together for parades, live music, and local vendors, showcasing the town’s strong sense of unity and celebration.

Homes for sale in Dexter, ME

Apartments for rent in Dexter, ME

Wrapping up small towns in Maine

From coastal getaways to serene landscapes, each one of these small towns in Maine invite you to immerse yourself in its local charm and celebrate the warmth of community spirit. Whether you’re drawn to coastal beauty, historic streets, or outdoor leisure, you’re sure to find something you’ll love in Maine.

Source: redfin.com

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Tomorrow (April 8th) at 11 am PST, Geek Estate is conducting a virtual discussion on affordable housing — facilitated by Matt Hoffman at HousingTech Ventures. It is a discussion, not a webinar…. so limited to 15-20 participants. If you are a founder/operator working on a solution in the space, we have a couple open slots. There is an agenda outline included below to give you a better sense of what will be covered.

If interested in joining, please shoot me a note (drew at geekestatelabs dot com).

Market level considerations

  • Will rents be paid? If not, what are the implications? (forbearance; lease modifications; evictions)
  • Will mortgages be paid? If not, what are the implications? (forbearance/foreclosure)

Government/Policy

What policy fixes will be short-term and what if any will be long-term?

How do we not waste this crisis to fix:

  • Zoning issues
  • NIMBY issues
  • Permitting issues
  • Other regulatory barriers

How do we not waste this crisis to get:

  • Cheaper capital for affordable housing
  • Funding for resident services

Solutions

  • What operational solutions are now likely to be more palatable for landlords/portfolio owners?
  • Will banks, insurance companies, and appraisers change underwriting criteria?
  • What tenant services are landlords likely to eliminate or want to adopt?
  • How can landlords/portfolio owners operate more virtually?
  • How do you get people’s attention in a time of crisis to try your service/solution?

Source: geekestateblog.com

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Embark on a captivating journey through the heart of Arizona, where small towns reveal their unique charm and hidden treasures. From picturesque landscapes to local attractions, each of these small towns in Arizona has its own story to tell. Join us as we explore the allure of Payson, Wickenburg, Camp Verde, and many more.

1. Payson, AZ

Median sale price: $560,500 

Walk Score: 76

Payson welcomes you with its breathtaking mountain scenery and vibrant community spirit. Located in the heart of the Mogollon Rim, this town offers a range of outdoor adventures, from hiking and fishing to exploring the Tonto Natural Bridge. Payson is known for its annual rodeo and the friendly atmosphere of its Main Street district, lined with local shops and eateries.

Homes for sale in Payson, AZ

Apartments for rent in Payson, AZ

2. Wickenburg, AZ

Median sale price: $559,896 

Walk Score: 66

Wickenburg invites you to experience its Old West charm and rich history. The town’s historic district features preserved buildings that transport you to the days of cowboys and gold prospectors. If you’re looking for things to do, visit the Desert Caballeros Western Museum, where you can get a first-hand look at preserved Western art and artifacts. 

Homes for sale in Wickenburg, AZ

Apartments for rent in Wickenburg, AZ

3. Camp Verde, AZ

Median sale price: $594,116

Walk Score: 63

Camp Verde, placed along the Verde River, offers a blend of outdoor beauty and cultural experiences. The town is home to Montezuma Castle National Monument, showcasing ancient cliff dwellings that provide a glimpse into Native American history. Camp Verde also hosts a variety of events, including the Cornfest and Pecan and Wine Festival where locals can come together and enjoy delicious food and specialty wine. 

Homes for sale in Camp Verde, AZ

Apartments for rent in Camp Verde, AZ

4. Winslow, AZ

Median sale price: $115,000 

Walk Score: 58

Winslow provides nostalgic charm and a vibrant community life. Residents often relish leisurely strolls along the historic Route 66, stopping by the “Standin’ on the Corner” park to pay homage to the famous Eagles song. The town’s tight-knit atmosphere shines during events like the annual Just Cruis’n Car Show, where classic car enthusiasts gather to share their passion and celebrate Winslow’s unique heritage.

Homes for sale in Winslow, AZ

Apartments for rent in Winslow, AZ

5. Paulden, AZ

Median sale price: $540,000 

Walk Score: 14

This town is surrounded by open landscapes, offering opportunities for horseback riding, hiking, and enjoying the wide-open skies. Spend an afternoon visiting local farms and markets, where you can savor fresh produce and local goods. Paulden’s peaceful ambiance provides a getaway from the hustle and bustle, allowing you to reconnect with nature and embrace the simple pleasures of small-town life.

Homes for sale in Paulden, AZ

Apartments for rent in Paulden, AZ

6. Flowing Wells, AZ

Median sale price: $255,000 

Walk Score: 51

Flowing Wells provides a suburban oasis with a touch of Southwestern charm.The town’s proximity to Tucson offers access to museums, galleries, and cultural events. Flowing Wells is known for its annual festivals, fostering connections among residents. Explore local parks and embrace the town’s friendly ambiance as you participate in community activities. 

Homes for sale in Flowing Wells, AZ

Apartments for rent in Flowing Wells, AZ

7. Catalina, AZ

Median sale price: $372,000 

Walk Score: 18

This town’s location near Coronado National Forest provides opportunities for hiking, birdwatching, and wildlife spotting. Catalina is popular for its unique attractions like the Biosphere 2, a research facility and habitat that simulates Earth’s ecosystems.

Homes for sale in Catalina, AZ

Apartments for rent in Catalina, AZ

8. Three Points, AZ

Median sale price: $217,500

Walk Score: 16

Three Points, a desert oasis surrounded by rugged beauty, welcomes you to experience its rural beauty and outdoor adventures. The town’s proximity to Saguaro National Park offers opportunities for hiking, picnicking, and stargazing. Interested in learning more about Arizona’s environment? Discover the Arizona-Sonora Desert Museum, which showcases the region’s diverse flora and fauna.

Homes for sale in Three Points, AZ

Apartments for rent in Three Points, AZ

9. Holbrook, AZ

Median sale price: $195,000 

Walk Score: 57

Holbrook encourages you to explore its Route 66 heritage and connection to the prehistoric past. The town is known for the Wigwam Motel, offering a unique stay in teepee-shaped accommodations. For a one-of-a-kind experience, visit the Petrified Forest National Park, where you can marvel at ancient trees turned to stone.

Homes for sale in Holbrook, AZ

Apartments for rent in Holbrook, AZ

10. Somerton, AZ

Median sale price: $230,000 

Walk Score: 71

Residents of Somerton often savor authentic Mexican cuisine at local eateries like Rincon de Guadalajara, reflecting the town’s vibrant heritage. The annual Somerton Tamale Festival draws both locals and visitors, celebrating delicious tamales, music, and a strong sense of unity that characterizes life in Somerton.

Homes for sale in Somerton, AZ

Apartments for rent in Somerton, AZ

Wrapping up small towns in Arizona

From desert gems to mountain retreats, each one of these small towns in Arizona has something special to share. Whether you’re drawn to historic charm, artistic expressions, or outdoor adventures, Arizona’s small towns offer a rich tapestry of experiences waiting to be discovered.

Source: redfin.com