Tuesday, January 29, 2013

Down Payment Assistance Programs

As a single mom in the early 1990s, one of my grandest goals was to own my own home. Back then, I knew nothing about qualifying or the different kinds of loans available. And I certainly did know anything about down payment assistance. I only knew that owning a home had to be better than renting an apartment.
I reached out to a family friend, a realtor, for guidance. He assured me that my goal of home ownership was possible. He referred me to a mortgage professional who specialized in helping low to moderate income families find the loans - and resources - they needed to become homeowners.

While I had been saving diligently for two years, I still needed help with the down payment. The loan officer told me that the city of Garland had a down payment assistance program that offered up to $4,000 for first time homeowners looking to buy within the city - and I was just the buyer this program was designed to help.
Through this program, I was able to purchase a lovely little 4 bedroom, 2 bath home in a a quiet little neighborhood where we lived for the next six years.

Now, more than 20 years later, many cities still offer these kinds of programs. McKinney, Plano, Garland, Dallas and Arlington are but a few of the communities that offer these assistance with down payments and closing costs. The amount and form of the assistance varies from city to city. For example, Denison offers a grant up to $2,500 while McKinney offers up to $10,000 as a 0% interest five-year forgivable loan.

While no two programs are the identical, they tend to have the same general criteria:
  • The property must be located in the city limits of community providing the assistance
  • The buyer must be a first-time buyer or haven’t owned a home in the last three years. 
  • The buyer must occupy the home.
  • The buyer must meet the income eligibility requirements, which vary from city to city.
  • The buyer must qualify for a loan from a private lender.
  • The buyer must be a US citizen or permanent legal residents.
In many cases, the buyer must attend HUD approved home ownership training class as well.

From there, cities can and do set their own rules and guidelines.

Most cities open their programs to any eligible buyer seeking to purchase property within their city limits. Some cities give preference to current residents, while others provide assistance on a first-come, first serve bases. Some cities open the down payment assistance program to displaced homemakers who previously owned a home with a spouse or lived in a home owned by the spouse even if were within the last three years, provided they were not awarded the home during divorce proceedings. Other cities make no exceptions. In Frisco, the down payment program is targeted to families employed by the City of Frisco or the Frisco Independent School District.

Some cities, such as Grand Prairie, provide assistance only for pre-existing housing; others include new construction.

 Furthermore, some cities cap the amount of liquid assets a buyer can have, and this cap varies from city to city. For example, in Garland that amount is $20,000, in Arlington, the limit is $15,000 and in Irving it’s $10,000.

While Meanwhile some cities require buyers to invest a minimum dollar amount toward the down payment. For example, Grand Prairie requires buyers to provide $500 toward the purchase, while Arlington requires at minimum a $1,000 buyer contribution. Some cities determine the buyer contribution based on a sliding scale.

So with so many disparate rules, where does the buyer begin?

First select which community you want to live in and then research their program requirements. The links listed throughout the article are a good place to start. For a list of down payment assistance programs in Texas, click here.

Next, plan to attend a HUD-approved. Click here for a statewide list of providers.

After your class is scheduled, seek out a realtor and a mortgage broker who are familiar with first time buyer programs.

I’ve walked down this road before as a buyer, and now I’m here to guide you through every step in the purchase of your home. I’ll put you in touch with a mortgage professional. You'll want to get you pre-qualified as early in the process as possible. Even if you don’t qualify for a loan right away, the mortgage teams I work with can put you in touch with a reputable credit repair program so that you can start working toward your goals.

Once you’re approved for a loan, your mortgage professional and I will guide you through down payment assistance process and help you submit your package to the city.

Ready to get started? Drop me a note at lynn.windle@coldwellbanker.com, and let’s get you on your way to homeownership!

Tips to Help Your Pets Survive the Superbowl

Superl Sunday typically equals several hours logged jumping up and down on the couch, shouting at the television, and consuming mass amounts of waistline expanding substances that lead to a serious calorie overdose, all while a befuddled pet looks on. Pets aren't passing judgment as they watch the party's outrageous antics. They are simply imploring you with their eyes to take care of their special physical, mental, social and emotional needs, which in turn, will surprisingly help pet parents avoid the dreaded Monday morning, "Big Game" hangover. Since not everyone speaks dog, cat, fish, hamster or the like, esteemed animal behaviorist, Dr. Debra Horwitz , and "America's Veterinarian", Dr. Marty Becker , have partnered with Petco to translate for your pet and share these four tips to avoid overdoing it on game day.

TIP #1: By recording halftime commercials you can take care of your pet's physical and social needs by taking a quick trip to the dog park. Not only will this provide your pet with the exercise it needs to care for its physical health, it also provides social benefits for you – pet owners have a tendency to want to talk with other pet owners. Plus, February 14th is coming up and if you don't already have a Valentine, you may find one at the dog park. And for those worried about missing the second half of the game, opt for an activity closer to home like a walk around the block or a rousing game of fetch in the yard.

TIP #2: Fans will consume some 11 million pounds of chips and 450 million chicken wings on game day, which makes this America's second biggest food consuming day of the year behind Thanksgiving. Guests may be tempted to sneak these fattening foods to pets, but people food can be harmful, particularly chicken wings, which pets can choke on. Do pets a favor and offer healthy, pet-specific treats like Nature's Variety's Instinct grain-free chicken biscuits so pets can share in the big game spread. Plus, antacid sales see a 20 percent increase the Monday morning after the big game, so follow suit with nutritious snacks for people to ensure that no guests' physical health suffers.

TIP #3: When the action gets intense and fans are on the edge of their seats, take a moment to pet a furry friend. Giving a pet some love strengthens the human animal bond, provides for a pet's emotional health needs and studies show it has even greater benefits for people. The hormone oxytocin kicks into high gear when petting an animal, helping to reduce blood pressure and decreasing cortisol, a hormone related to stress and anxiety. Even stopping to watch fish swim will make a difference in your mood. And if your team is on the losing end, therapists have been prescribing pets for years as a way to deal with depression.

TIP #4: Create a quiet place. Loud party voices and booming music can make pets anxious. Even well-socialized animals are likely to be pushed beyond their limits. To take care of pet's mental health, make sure pets have a restful room or area to which they can retreat. And if you're getting particularly worked up, it may be good for you to have a timeout from the game too!

For more information on caring for a pet's physical, mental, social and emotional health, visit: www.petco.com/wholepets.

Sunday, January 27, 2013

Celebrate Gameday The New Orleans Way

Ok, I'm slow. I finally realized that Super Bowl XLVII is in New Orleans. How awesome is that! Super Bowl in the home of Mardi Gras. I've got some last minute party planning to do, and I'm going to get a little help from some Cajun cooks including Zatarain and the "First Lady of Football," New Orleans' own Olivia Manning...

With the Big Game in New Orleans this year, now is the perfect time to celebrate like a local. New Orleans cooking is known for using a "holy trinity" of ingredients - onions, bell peppers and celery. Put a fun spin on the trinity and serve up three authentic and local ingredients on the halftime menu - jambalaya, dirty rice and Creole Mustard.

Using simple, flavorful ingredients helps cut down on cooking time and gives party hosts more time to enjoy cheering on their team with their guests. Avoid penalty flags for serving the same basic fare at the next gathering and jazz up the menu with big flavors and dishes that guests can get personal with. Guarantee a win at the next football fete with these tips from Manning:

Prep dishes in advance – especially since some traditional New Orleans rice dishes taste even better the next day. Olivia preps dirty rice the day before so all she has to do on party day is set out the ingredients for guests to make their own Dirty Rice Tacos. This way, everyone can enjoy watching the game and catching up with company instead of spending the party cooking.

For a welcome change from standard party options, jazz up game day grub with Zatarain's Jambalaya, a dish that takes less than 30 minutes to make and can be customized with family and friends' favorite meats, seafood, or vegetables.

Manning starts with Zatarain's Jambalaya Mix, a perfect one pot dish, and then sets up a jambalaya bar with different add-ins like chicken, sausage or seafood, and vegetables, like peppers, mushrooms and onions, so everyone can make their perfect plate.

No party is complete without chicken wings. Olivia's take on the classic dish, which is her husband's favorite, uses Creole Mustard, chili sauce and pineapple juice for a sweet and spicy combo sure to fire folks up during halftime.

Visit www.Facebook.com/Zatarains and check out the Gameday tab for more authentic New Orleans recipes and entertaining ideas to ensure your game day party is a winner.

More Superbowl Recipes


Hot as a Torch! Jalapeno Poppers
Makes 24

Ingredients:
12 jalapeno peppers, about 2 1/2 inches long
4 ounces Cabot Mild Lactose-Free Cheddar or Sharp Cheddar*, grated (about 1 cup)
3 ounces cream cheese
1/4 teaspoon garlic powder
1/4 teaspoon ground chipotle pepper
2 large eggs
2/3 cup unflavored dry bread crumbs
1/2 teaspoon salt
Cabot Regular Sour Cream

Directions:
1. Preheat oven to 325°F. Lightly oil baking sheet and set aside.
2. Cut peppers in half lengthwise; scrape out and discard seeds.
3. In small bowl, mix together cheddar, cream cheese, garlic powder and chipotle pepper; fill each pepper half with some of mixture.
4. In one bowl, lightly beat eggs until combined and frothy. In another bowl, stir together bread crumbs and salt. Roll each filled pepper in egg, then in bread crumbs. Place on baking sheet.
5. Bake until tender and browned, about 30 minutes. Serve warm, with sour cream for dipping.

*Or use a spicy flavor, such as Cabot Chipotle Cheddar or Cabot Habanero Cheddar, omitting ground chipotle pepper.

BBQ Yogurt Dip
Makes about 2 cups for 8 appetizer servings

Ingredients:
1 cup Cabot 2% Plain Greek-Style Yogurt
1 (8-ounce) package Cabot Vermont Premium Cream Cheese, softened
1-2 green onions, finely chopped
1 teaspoon lemon juice
1 teaspoon salt
1 teaspoon ground black pepper
1 teaspoon ground cumin
1 teaspoon chili powder
1 teaspoon mild paprika
1/2 teaspoon ground red pepper (cayenne)
1 tablespoon favorite BBQ sauce

Directions:
1. Mix together yogurt, cream cheese, green onions, lemon juice, salt, pepper and other spices (except BBQ sauce) until well blended
2. Pack into small bowl or mold, cover and refrigerate for at least 4 hours or until firm.
3. Serve in bowl or unmold onto plate. Spoon stripe of BBQ sauce across top for garnish.

Try with our Football Cheddar Crackers.

Touchdown Dip
Makes about 2 cups

Ingredients:
1 tablespoon Cabot Salted Butter
1 tablespoon King Arthur Unbleached All-Purpose Flour
3/4 cup mild, medium or hot tomato salsa
1/4 cup Cabot Regular Sour Cream
8 ounces Cabot Sharp Cheddar, grated (about 2 cups)
Classic or Supreme flavored Pretzel Crisps, tortilla chips
Carrot and celery sticks

Directions:
1. In a saucepan over medium heat, melt butter. Add flour and stir for about 30 seconds to cook flour.
2. Stir in salsa and cook, stirring, until mixture is simmering. Stir in sour cream.
3. Add cheese and continue stirring until cheese is completely melted and mixture returns to simmer.
4. Transfer to bowl and serve hot, surrounded with chips and veggies.

Badass Nachos
Makes 6 servings

Ingredients:
1 pound ground beef (10% fat)
1 (15-ounce) container Mild, Medium or Hot Wholly Salsa
1 (6-ounce) bag Food Should Taste Good Yellow Corn or Blue Corn Tortilla Chips
1 (7-ounce) package Classic or Spicy Wholly Guacamole
1 (2.25-ounce) can sliced black olives, well drained
8 ounces Cabot Sharp Cheddar, Chipotle Cheddar or Habanero Cheddar, grated (about 2 cups)

Directions:
1. In large skillet over medium-high heat, cook ground beef, breaking it up with spoon, until juices have evaporated. Continue cooking for several minutes longer, scraping bottom of skillet, until meat is slightly browned and crispy.
2. Add salsa and let mixture simmer until juices have again evaporated. Remove from heat.
3. Preheat broiler. Arrange half of tortilla chips in single layer on large baking sheet. Top with half of beef mixture. Add half of guacamole in small spoonfuls, followed by half of black olives. Top with half of grated cheese.
4. Place under broiler for a minute or two until cheese is melted.
5. Make second batch with remaining ingredients.
PR Newswire (http://s.tt/1yMMl)

Americans to Eat 1.23 Billion Chicken Wings Super Bowl Weekend

Chicken wings have become a staple food of Super Bowl parties in the U.S., and demand for them on menus is now at an all-time high leading up to the second biggest eating day of the year – Super Bowl Sunday.

Super Bowl weekend is unquestionably the biggest time of the year for wings. According to the National Chicken Council's 2013 Wing Report, more than 1.23 billion wing portions will be consumed during Super Bowl weekend in 2013, as fans watch the San Francisco 49ers and the Baltimore Ravens battle for the Lombardi Trophy.

To put that into perspective, if 1.23 billion wing segments were laid end to end, they would stretch from Candlestick Park in San Francisco to M&T Bank Stadium in Baltimore… 27 times.

Super Bowl wing consumption is down about one percent, or 12.3 million wings, compared to last year's numbers, but not because demand for them is declining. Quite the opposite, explains Bill Roenigk , chief economist and market analyst at the Washington, D.C.-based National Chicken Council.

"Chicken companies produced about one percent fewer birds last year, due in large part to record high corn and feed prices," Roenigk said. "Corn makes up more than two-thirds of chicken feed and corn prices hit an all-time high in 2012, due to two reasons: last summer's drought and pressure from a federal government requirement that mandates 40 percent of our corn crop be turned into fuel in the form of ethanol. Simply put, less corn equals higher feed costs, which means fewer birds produced."

Ranch Hands Bleu Cheese Decisive Defeat in New Poll

Almost six in 10 (57 percent) U.S. adults who eat chicken wings said they typically like to eat their wings with ranch dressing, according to a new National Chicken Council poll conducted by Harris Interactive*. Only about three in 10 (35 percent) prefer bleu cheese dressing.

Adults who eat chicken wings who live in the Northeast, though, are significantly more likely to prefer bleu cheese dressing (47 percent Northeast vs. 32 percent Midwest, 30 percent South and 32 percent West), while those in other parts of the country are more likely to prefer ranch dressing (65 percent Midwest, 56 percent South and 64 percent West vs. 44 percent Northeast).

The data also show that nearly four in five U.S. adults (79 percent) eat chicken wings and that consumption does not vary significantly by region or gender. Women (77 percent) are just as likely as men (82 percent) to roll up their sleeves, break out the wet naps and eat a few wings.

"The data show that chicken wings are not bound by gender or geographic lines," added the council's Roenigk. "We also know that they are nonpartisan and politically independent. That is, there are really no extreme left wings or extreme right wings."

Perhaps not surprisingly, among adults who eat wings, women are more likely than men to say they like to eat their wings with celery (39 percent women vs. 28 percent men).

After ranch dressing at the top: 43 percent of wing lovers chose barbecue sauce as their typical snack or dipping sauce; 38 percent said hot sauce; 35 percent said bleu cheese; and 34 percent chose celery. Fewer than one in five wing lovers (8 percent) described themselves as purists who eat nothing with their wings.

Wing-onomics

The vast majority of wings, especially those destined for restaurants, are disjointed, with the third joint (the thin part known as the flapper) being exported to Asian countries and the meatier first and second joints being sold domestically. The wing is usually split into two parts – or portions or segments – known as the "drumette" and the mid-section or "flat" and sold to restaurants or retail grocery outlets.

A chicken has two wings, and chicken companies are not able to produce wings without the rest of the chicken. Therefore, the supply of wings is limited by the total number of chickens produced. When the demand for wings is stronger than the demand for other chicken parts, the price of wings will go up, as it has this past year.

The wholesale price of wings will be the most expensive ever during Super Bowl XLVII as demand rises and the supply has shrunk. Wings are also currently the highest priced part of the chicken.

Wholesale wings are currently at about $2.11 a pound (Northeast), the highest on record at the U.S. Department of Agriculture, up 22 cents or 12 percent from a year earlier.

Wing prices always go up in the fourth quarter of the year as restaurants stock up for the Super Bowl and prices usually peak in January during the run-up to the big game. But many analysts expect that demand will hold steady even after the NFL season ends.

"Demand for wings is proving more and more to be inelastic," Roenigk added. "With the rising number of restaurants with menus dedicated to wings, the return of the NHL hockey season, the NCAA March Madness basketball tournament and then the start of grilling season, wing demand should remain hot."

But Roenigk adds that consumers shouldn't worry about any shortage of wings on Super Bowl Sunday or any time soon.

"The good news for consumers is that restaurants plan well in advance to ensure they have plenty of wings for the big game," he said. "And some restaurants are promoting boneless wings and some are offering flexible serving sizes. But if you're planning to cook your own wings, I wouldn't advise being in line at the supermarket two hours before kickoff."

Retail Grocery and Supermarkets

According to Nielsen Perishables Group FreshFacts® data, both fresh and prepared wings totaled $1.6 billion in sales for the 52 weeks ending November 24, 2012, an increase of 5.4 percent compared to a year earlier.

Wing sales at grocery stores and supermarkets spike dramatically the week of the Super Bowl, but the data show that consumers also stock up the week before, too.

Consumers cooking their own wings at home can find traditional and unique chicken wing recipes on the National Chicken Council website at www.eatchicken.com. With Super Bowl XLVII being played in New Orleans, Cajun-style wings might be in order.

Food Service/Restaurants

Originally on and off various fast-food menus, chicken wings have become a staple of casual dining and pizza places. Virtually every casual dining chain offers chicken wings as an appetizer, if not also as an entrée.

Increasingly, ready-to-eat or heat-and-eat wings are showing up in the delicatessen and prepared foods section of supermarkets, a growing trend.

"Orders at carry-outs and restaurants for chicken wings on Super Bowl Sunday will increase more on that day than any other winter Sunday - a 156 percent increase," said Harry Balzer , vice president of the NPD Group, a market research firm.

Chicken is a very popular dish overall on that day… and it's not just wings. According to NPD Group data, chicken strips will also be up 43 percent over a typical winter Sunday and orders for fried chicken on the bone will be up 33 percent.

Wing-specific Restaurants are Hot on Super Bowl Weekend

Wingstop, a Texas-based restaurant franchise with 550 locations, is prepping for the biggest day of the year when they expect to sauce and toss more than six million wings at restaurants across the country. Wingstop expects Super Sunday business to be up 15 percent over last year, and if Wingstop reaches its goal this will be the 13th straight year the company has set a big game sales record.

"The Super Bowl is the second biggest eating holiday of the year, after Thanksgiving. With the growing demand for wings, we are gearing up for this to be our biggest year yet," said Charlie Morrison , Wingstop president and CEO.

The Rest of the Year – 2013

Although America's taste for chicken wings is no hotter than during Super Bowl weekend, the National Chicken Council estimates that overall in 2013 more than 13.25 billion chicken wings, about three billion pounds, will be marketed as wings (as opposed to the wings on a whole chicken, for example). The actual number of wing portions sold is estimated to be 26.5 billion because, as noted above, the vast majority of wings are cut into two segments or portions. This is about a two-percent decrease from 2012, reflecting chicken production estimates for 2013.

History of the Chicken Wing

Deep-fried chicken wings have long been a staple of Southern cooking. But the concept of cooking wings in peppery hot sauce was born in 1964 at the Anchor Bar in Buffalo, New York, when co-owner Teressa Bellissimo cooked leftover wings in hot sauce as a late-night snack for her son and his friends. The boys liked them so much that the Bellissimos put them on the menu the next day. Served with celery slices and bleu cheese sauce, "Buffalo Wings" were an instant hit.

Dick Winger , who sold hot sauce to the bar, went on the road with Dominic Bellissimo , the owners' son, to promote the item and sell hot sauce, and the item gradually caught on with restaurant operators around the country. The concept hit the big time in 1990, when McDonald's began selling Mighty Wings at some of its restaurants. KFC rolled out Hot Wings a year later, and Domino's Pizza introduced its own wings in 1994. They've remained hot ever since. McDonald's is back in the wing business this year, currently testing its Mighty Wings in 500 Chicago-area locations.

Chicken Wings and Football – A love story

The rise of the chicken wing and its correlation to American football all had to do with timing.

Cooking the whole bird was trendy in the sixties and seventies, but in the eighties U.S. consumers started preferring boneless-skinless breast meat, and wings became an inexpensive byproduct for chicken producers. Restaurants and bars realized they could charge low prices for the relatively inexpensive protein, and due to the spicy/salty nature of the sauce, they discovered that beer sales would go through the roof when customers ate wings.

At the same time, sports bars with multiple TVs and satellite dishes were becoming more and more common in America thanks to rapidly developing technology; and the most popular sporting event to watch with friends in bars is football. Wings were easily shareable and affordable, a great "group food" to eat with other people, and are the perfect pairing with a pitcher of beer. And so the relationship was born. 

Quick, Easy, Snack Ideas for the Superbowl.

Former pro football running back LaDainian Tomlinson and his wife Torsha are teaming up with Kellogg’s® Snacksto help football fans make their Big Game gathering the most valuable party in the neighborhood.  The Tomlinsons are dishing out quick, easy snack ideas, aided by Kellogg’s Snacks favorites. Check out these ideas:

Cheez-It Bayou Blitz Mix – Add some kick to a snack mix of Cheez-It crackers and Crispix® cereal with southern Cajun spices.
Gridiron Party Pizzas – Transform Keebler Town HouseOriginal crackers into quick-and-easy mini pizzas with this recipe.
Roasted Red Pepper Spread – Add zest to the party by sprinkling cheese dip with red peppers and garlic and serve with Keebler Club® crackers.
Rice Krispies Treats Footballs™ – Mold your Rice Krispies Treats into fun football shapes and top with caramel.
Chocolate Dipped Pringles – Dunk your favorite Pringlesvarieties into melted chocolate for a great mix of sweet and salty flavors.
Fudge Shoppe™ Fudge Stripes™ Layered Bars – Sweeten your Keebler Fudge Stripes cookies by topping them with coconut, chocolate and pecans.

Football fans - or the folks cooking for them - can find these recipes and others atwww.snackpicks.com,

Source: Kelloggs

Friday, January 25, 2013

New Candle Fragrances for Spring 2013

Fragrance does so much to set the mood, especially candles. I change my home scents to match the season and my mood. Through the end of winter, I'll burn scents reminiscent of a snowy mountaintop - fir, evergreen and smokey wood scents. Come March, I'll be ready for something new and fresh.

When I'm ready to change for a new seasons, I look to Yankee Candle for the latest trends in home fragrence. This year, the company has announced 11 eleven new scents, five new Yankee Candle fragrances and six new fragrances in its contemporary Pure Radiance line for the spring. Inspired by memories of vacations in paradise, these candles deliver fresh beach scents and exotic fruits to create a tranquil experience.

NEW YANKEE CANDLE® SPRING FRAGRANCES

Golden Sands™ – Your private beach awaits, where time pauses in soft breezes of soothing sandalwood, luminous orange flower and warm tonka beans.

Turquoise Sky™ – Calm, salty air with hints of sea grass and musk, float gently on ocean waves…off on an adventure beneath a bright blue sky.

Black Coconut – Sunset in paradise… rich coconut, cedarwood and island blossoms promise an evening of luxurious tranquility.

Waikiki Melon™ – Aloha! Wake up to the sunny, sweet glow of exotic, juicy melons with a touch of sweet orange oil.

Paradise Spice™ – An exotic island treasure… perfectly ripe banana and creamy vanilla, unexpectedly spiced with prized cinnamon and cloves.

NEW SPRING PURE RADIANCE™ FRAGRANCES

Sugar Flower – An irresistibly rich and artful combination of powdered sugar, pink cream and vanilla.

Stargaze™ – Warm cedar, amber and musk create a fragrant glow against a clear night sky.

Seaglass™ – Treasure the calming notes of white tea and sandalwood misted with cool salt air.

Guava – A refreshing burst of sunny tropical guava with hints of citrus zest.

Mandarin – Sweet orange is spiced with a touch of cayenne for a uniquely stimulating experience.

Promise – Soft, dewy petals of white tuberose and gardenia offer a hopeful promise of things to come.

Thursday, January 24, 2013

The "Know-it-All" Named Worst Super Bowl Party Guest, New Survey Finds


Few things can detract from the fun of Super Bowl Sunday, but a new survey reveals that some big game party guests may find themselves uninvited next year. The survey, conducted by CouponCabin.com, reveals the worst Super Bowl party guests, with the "know-it-all" – the one who knows all there is to know about football, food and the commercials – topping the list. This survey was conducted online nationwide by Harris Interactive on behalf of Coupon Cabin Jan. 14-16, 2013, among 2,050 adults ages 18 and older.

While the know-it-all is the worst party guest for 52 percent of U.S. adults, a variety of other unwelcome Super Bowl shindig attendees made the list:
  • The remote dominator – the one who won't stop controlling the volume, changing the settings and flipping channels – 41 percent
  • The social butterfly – the one who doesn't watch the game and doesn't stop talking – 38 percent
  • The super fan – the team's biggest fan who doesn't let you forget it by showing up decked out in his/her favorite team's gear and shoots off stats left and right – 21 percent
  • The dieter – the one counting calories on one of the most celebrated days of junk food – 18 percent
  • The commercial watcher – the one who only pays attention during the commercials – 13 percent
No matter who shows up at the door for Super Bowl parties this year, there's bound to be a lot of them. Sixty-one percent of U.S. adults said they plan to watch the Super Bowl this year, up from 56 percent last year. Men are significantly more likely to watch the Super Bowl at 70 percent, compared to 52 percent of women.

"The popularity of the Super Bowl is increasing, but some are turned off by all the buildup," said Jackie Warrick , senior savings adviser at CouponCabin.com. "In fact, six-in-ten people we surveyed feel there is too much hype around the Super Bowl. It's important to keep it all in perspective, especially if you're planning to spend money hosting a party, traveling to see your team, or wagering on the outcome of the game."

PR Newswire (http://s.tt/1ySO2)

Ok, I confess, I'm the commercial watcher... Well and the half time shows. 

Bankrate: Mortgage Rates Rebound



NEW YORK, Jan. 24, 2013 /PRNewswire/ -- Fixed mortgage rates increased following positive economic news, with the benchmark 30-year fixed mortgage rate rising to 3.66 percent this week, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.35 discount and origination points.

To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/.

The average 15-year fixed mortgage rate jumped to a 4-month high of 2.94 percent and the larger jumbo 30-year mortgage climbed to 4.08 percent. Adjustable rate mortgages were all over the map, with the 3-year ARM increasing to 2.96 percent, the 5-year ARM dropping to 2.71 percent and the 7-year ARM holding at 2.88 percent.

The past week saw positive reports on housing starts and a drop in weekly unemployment claims, which coupled with good news on the corporate earnings front, powered mortgage rates higher. With the debt ceiling debate delayed, the most dire economic scenarios are alleviated for now, which should keep a floor under bond yields and mortgage rates at least until talk of government spending cuts heats up. Mortgage rates are closely related to yields on long-term government bonds.

The last time mortgage rates were above 5 percent was Apr. 2011. At the time, the average 30-year fixed rate was 5.07 percent, meaning a $200,000 loan would have carried a monthly payment of $1,082.22. With the average rate now 3.66 percent, the monthly payment for the same size loan would be $916.05, a difference of $166 per month for anyone refinancing now.

SURVEY RESULTS

  • 30-year fixed: 3.66% -- up from 3.60% last week (avg. points: 0.35)
  • 15-year fixed: 2.94% -- up from 2.89% last week (avg. points: 0.29)
  • 5/1 ARM: 2.71% -- down from 2.74% last week (avg. points: 0.31)

Bankrate's national weekly mortgage survey is conducted each Wednesday from data provided by the top 10 banks and thrifts in the top 10 markets.

For a full analysis of this week's move in mortgage rates, go to http://www.bankrate.com/.

The survey is complemented by Bankrate's weekly Rate Trend Index, in which a panel of mortgage experts predicts which way the rates are headed over the next seven days. A little over half of respondents, 54 percent, expect mortgage rates to remain more or less unchanged over the coming week. Roughly three-in-eight - 38 percent – predict mortgage rates will rise and just 8 percent see mortgage rates declining over the next seven days.

For the full mortgage Rate Trend Index, go to http://www.bankrate.com/RTI.

Wednesday, January 23, 2013

Texas Ranked as One of the Most Affordable Housing Markets in the World


            While the cost of  home ownership around the world is on the rise, housing in the United States remains some of the most affordable in the world, according to the 9th Annual Demographia International Housing Affordability Survey, released earlier this week.
            The survey covers 337 metropolitan markets in Australia, Canada, Hong Kong, Ireland, New Zealand, the United Kingdom and the United States.
            Housing affordability is determined by a formula called the “Median Multiple”: median house price divided by gross, before-tax, annual median household income. The Median Multiple is a commonly used measurement tool within the financial industry and by researchers.
             Historically, the median multiple has been similar in Australia, Canada, Ireland, New Zealand. the United Kingdom and the United States, the study notes. Median home prices in those countries having generally been from 2.0 to 3.0 times median household. 3.0 and under is consider affordable, while 5.1 is considered severely unaffordable.
            This trend remains in the many housing markets in the United States and Canada. However, the Median Multiple has escalated sharply in the past decade in Australia, Ireland, New Zealand, and the United Kingdom and even in some markets of Canada and the United States. The one thing these rising cost markets have in common is that land use has become more restrictive. Land use impacts affordability because less land for homes means the dirt is more expensive.
            In the United States, 100 markets included in the survey were below 3.0, while only 16 were over 5.1. Canada had 8 markets under 3.0 and 6 over 5.1. Australia, with the least affordable housing market, saw 30 markets over 5.1 and none in the affordable range.
            Overall, Evansville, Ind., was the most affordable market in the study with a median multiple of 1.5, while Hong Kong was the least affordable in the study at 13.1. In the United States, Honolulu was the least affordable at 9.3.
            In recent years, the Dallas - Fort Worth and Houston home markets have emerged as the fastest growing larger metropolitan areas, the survey noted. Both remain affordable, with a median multiple of 2.9 in Dallas-Fort Worth and 3.0 in Houston. The study credits this affordability to “liberal land use regulation” and demand driven by net domestic migration.

Texas’ Affordable
Housing Markets*

Median Multiple
Amarillo
2.9
Beaumont
2.9
Dallas-Fort Worth
2.9
Houston
3.0
Longview
2.6
Lubbock
2.0
*As defined by the Annual Demographia International
Housing Affordability Survey

            If you're thinking of moving outside the United States, go north to Canada. New Brunswick or Moncton, New Brunswick. Both communities scored 2.3 If you're looking to get off the continent, head to Waterford Ireland, which also scored 2.3.

Whether you’re thinking about moving to the other side of town or the other side of the planet, I can help. Coldwell Banker Apex is a global company with Coldwell Banker offices in 51 countries. We can help you, your friends and family anywhere in the world. Give me a shout!