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Wednesday, February 29, 2012

The KCM Blog - Warren Buffett: It’s Time to Buy Real Estate



 Great Informatin from Warren..


The KCM Blog - Warren Buffett: It's Time to Buy Real Estate

Warren Buffett: It's Time to Buy Real Estate

Posted: 29 Feb 2012 04:00 AM PST

Warren Buffett appeared live on CNBC's Squawk Box this week. During the interview, he was asked about the current real estate market and whether he felt now was the time to buy. His response was rather emphatic and has been used as a headline in hundreds of articles since the interview:

"If I had a way of buying a couple hundred thousand single-family homes I would load up on them."

However, throughout the interview, he addressed the market from a few angles. Here is what he said:

Why invest in real estate now? 

"It's a way, in effect, to short the dollar because you can take a 30-year mortgage and if it turns out your interest rate's too high, next week you refinance lower. And if it turns out it's too low, the other guy's stuck with it for 30 years. So it's a very attractive asset class now." 

Is buying your own home better than investing in stocks right now?

"If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage… It's a terrific deal."

 Should we buy multiple houses?

"If I was an investor that was a handy type and I could buy a couple of them at distressed prices and find renters, I think it's a leveraged way of owning a very cheap asset now and I think that's probably as an attractive an investment as you can make now."

Over the last couple of months, there have been more and more financial analysts coming to the same conclusion: It's time to buy real estate.




Top news today: Housing Crisis to End in 2012 as Banks Loosen Credit...

March Newsletter

No matter what anybody tells you, words and ideas can change the world.
~"Dead Poets Society"

Featured In This Issue

Special Days and Events
Four Easy Steps to Jump-Start Outdoor Spring Cleaning
Cooking Corner

Special Days and Events

March 11th – Daylight Saving Time Begins
March 14th – Pi Day
March 15th – Ides of March
March 17th – St. Patrick's Day
March 20th – First Day of Spring
The birth flower for March is the daffodil. The birthstone for March is Aquamarine.

Four Easy Steps to Jump-Start Outdoor Spring Cleaning

(ARA) - If the warmer temperatures, bright sunshine and greening of spring give you the urge to clean, you're not alone. If you want to make spring cleaning easier, especially outdoor spring cleaning, a little planning will save lots of elbow grease.

Make outdoor spring cleaning a breeze with these four simple tips to ensure that you're ready for warm weather fun:

1. Get the grill ready - Barbecues and picnics are as much a part of summer as baseball and trips to the beach. Your grill is central to the fun when you're cooking and dining outdoors, so get it ready with a good cleaning. If you were diligent about cleaning the grill after every use last year, a good cleaning with a wire brush may be all the cooking grates need. If your grates have a lot of build-up and burnt-on food, remove and soak them in warm soapy water to loosen the debris. Use a wire brush and a little soapy water to clean out the inside surfaces of your grill, including the inside of the lid. Check the hose connection for the propane tank and repair or replace it if needed.

2. Clean outdoor surfaces without scrubbing - Over time, wood and composite decks, concrete, railings, awnings and outdoor furniture can accumulate mold, moss, mildew and algae. An environmentally-sensitive mold and mildew cleaner like Wet & Forget works over time to gently remove outdoor stains on virtually any exterior surface without scrubbing. Perfect for mildew and mold removal, the non-caustic, non-acidic and bleach-free, biodegradable formula can be easily applied with a pump garden sprayer instead of a more labor-intense power washer. The multi-surface outdoor cleaner reduces water usage and is designed for use around landscaping plants.

3. Spruce up your view - Clean windows not only brighten the interior of your home, they can make the exterior look fresher, too. Spring is a great time to remove screens (if you haven't stored them for the winter) and give them a good cleaning. Hosing them off should do the trick, but if they're very dirty try cleaning with a little soapy water and a soft scrub brush. Before you replace the screens, give the windows a good cleaning. Arm yourself with lots of paper towels and a good glass cleaner. One that contains vinegar will be effective and eco-friendly if you're concerned about exposing your landscaping to harsh chemicals. Be sure to clean the outside of your windows first. It will make another popular spring cleaning chore - washing the inside of windows - a bit easier.

4. Taking care of your tools - Yard work and gardening are realities of warm weather. All your landscaping maintenance chores will be easier if your tools are clean and in good repair. Unload the tool shed or garage of all the equipment you'll use this summer - from rakes and hoes to lawn mowers and trimmers. While you probably cleaned your garden tools before you stored them for winter, they'll still have accumulated dust - and possibly rust - from sitting idle for so many months. Clean rust spots and dirt from metal tools, and use a coating of mineral oil to ensure the rust doesn't return. Clean lawn mower and trimmer blades, and replace the line on string trimmers. Get blades sharpened if necessary, and run through all the maintenance tasks recommended in the manufacturer's handbook for your power equipment.

Courtesy of ARA Content

Cooking Corner

Chocolate Stout and Irish Cream Liqueur Cupcakes
Courtesy of Victoria Donnelly, Cupcake Wars 2010, and Food Network
<![if !vml]><![endif]>Ingredients:
1 1/2 cups Irish stout (recommended: Guinness)
4 ounces unsalted butter
3/4 cup Dutch-processed cocoa powder
2 cups dark brown sugar
3/4 cup sour cream
2 eggs
1 teaspoon vanilla extract
2 cups all-purpose flour
2 1/2 teaspoons baking soda
Irish Liqueur Frosting, recipe follows
Preheat the oven to 325 degrees F. Line a cupcake or muffin pan with 24 regular-size cupcake liners.
Place the stout and butter in a medium-size saucepan and whisk together on medium heat until the butter is melted. Remove from the heat. Sift the cocoa powder into a medium-size bowl and add the sugar. Slowly whisk into the stout mixture. In a small bowl, combine the sour cream, eggs, and vanilla and lightly whisk until smooth. Add this mixture to the saucepan and whisk thoroughly (it may appear lumpy). Sift the flour and baking soda together in another small bowl and then add it to the saucepan, mixing a final time until the color is even.

Fill the cupcake liners three-quarters full with batter and bake until the cakes spring back after touching, about 27 minutes. Cool the cupcakes in their pan for 5 minutes before transferring to a cooling rack.

To assemble: Pipe the frosting onto cooled cupcakes using a large plain tip. Dust with cocoa powder if preferred.

This recipe was provided by professional chefs and has been scaled down from a bulk recipe provided by a restaurant. The Food Network Kitchens chefs have not tested this recipe, in the proportions indicated, and therefore, we cannot make any representation as to the results.

Irish Liqueur Frosting:

1 pound unsalted butter
4 tablespoons Irish cream liqueur (recommended: Baileys)
4 cups confectioners' sugar

Cream the butter in the bowl of an electric stand mixer until pale. Turn the mixer to low speed and add the Irish liqueur in a steady stream. Slowly add the confectioners' sugar and continue beating until a creamy consistency is achieved.

Photograph courtesy of

Hope You've Enjoyed March's Newsletter. Please call or send an e-mail if you have any questions about buying, selling, or investing in real estate.
Thank you, Brad B. Bergamimi
Brad Bergamini
Realty Executives Northern Arizona
Direct: 9282374400
Office: 9287770257
Fax: 9282374401
Cell: 9285331633
Toll Free: 8885333839
Email me at:

Visit my website at:

Weekly Market Update from Curt and Shannon




February 21, 2012


The Dalpiaz Team
Curt and Shannon
141 S. McCormick Street Suite #107
Prescott, AZ 86303
LO License-#0912851 LO NMLS-#151454

Hello Brad,

Winston Churchill once said, 'Give us the tools, and we will finish the job.' When it comes to completing a successful home sale, there's no better tool than a great mortgage. Low rates make this one of the best buyer's markets in history.

If you have questions or need assistance, please contact me. It's always a pleasure to help.


Curt and Shannon




Greek Deal on Monday?



Average 30 yr fixed rate

Stocks (Weekly)


January Housing Starts rose to the highest level since October 2008

Weekly Jobless Claims fell to the lowest level since March 2008

The Dow stock index climbed to multi-year highs

The Treasury will auction $99 billion in 2-yr, 5-yr, and 7-yr securities this week


This week: +0.05%


Dow: 12,900 +150




Last week: -0.01%


NASDAQ: 2,950 +50



Increased optimism that a Greek bailout package will be approved on Monday caused investors to shift to riskier assets, which was negative for mortgage rates. Mixed US growth and inflation data had little net impact. Mortgage rates ended last week a little higher.

After several weeks of uncertainty, it appears that European officials are close to reaching agreement on a much needed bailout package for Greece. Despite strong public opposition, Greek leaders took a big step by passing a budget with new austerity measures. Comments from euro zone leaders expressed broad support for providing additional aid, which Greece needs to avoid a default on debt maturing on March 20. Prior to this week, it appeared that the option to let Greece default and possibly leave the European Union was under serious consideration, but investors now believe that European leaders will not let this happen. An important meeting is scheduled for Monday, and investors expect a deal to be announced. In anticipation, investors shifted to riskier assets, and relatively safer assets such as mortgage-backed securities (MBS) dropped in price, pushing mortgage rates higher.

The inflation data released last week showed that core inflation rates (which exclude food and energy) have continued to rise. Core CPI inflation was 2.3% higher than one year ago, which was the highest annual rate since September 2008. Fed officials forecast that core inflation levels will moderate later in the year. If it unexpectedly continues to move higher, however, the impact could be large. Higher inflation is negative for mortgage rates. In addition, it would be more difficult for the Fed to maintain its current loose monetary policy. Investors will be closely watching core inflation levels in coming months to see if the Fed's forecast proves correct.

Monday's meeting between Greek and euro zone officials will be the most highly anticipated economic event next week. Investors expect that a deal will be reached to provide additional aid to Greece. It will be a light week for US economic data. Existing Home Sales will be released on Wednesday. New Home Sales and Consumer Sentiment will come out on Friday. In addition, there will be Treasury auctions on Tuesday, Wednesday, and Thursday. Mortgage markets will be closed on Monday in observance of Presidents Day.




The market commentary material provided is from a third party vendor, MBSQuoteline, and is not necessarily the opinions of the sender or the organization they represent. This information is intended for educational purposes only and should not be construed as investment and/or mortgage advice. Additionally, the material is deemed to be accurate and reliable, but there is no guarantee it is without error.


All products are subject to credit and property approval. Program terms and conditions subject to change without notice. Not all products are available in all states or amounts. Other restrictions and limitations apply.

Academy Mortgage Corporation
1220 East 7800 South
Sandy, UT 84094
p. 801-233-3700

Equal Housing Lender

Company NMLS ID # 3113 LO License #912852 Company License # 0904081 LO NMLS #243638

© 2012 LoyaltyExpress

Monday, February 27, 2012

Energy Efficiency and Insulation

This is not the opinion of Brad Bergamini, Realty Executives Northern Arizona or any of its affiliates.  This post is for informational purpose only and is not guaranteed and does not render as legal advice.  Buying and selling Real Estate in Arizona or Prescott Arizona is a serious task and should be consulted with personally with Realtor or Real Estate Attorney.  Please visit my website for contact information

Energy Efficiency and Insulation

At home, at work, or in the Prescott Arizona community, saving energy is becoming an important topic, because of economic factors and because of concerns about the environment. Buildings that incorporate energy efficiency technologies are typically more comfortable, have lower utility bills, and have minimal impact on the environment.

Insulation is one of the most important ways to save energy in your home. According to the Department of Energy, 50% to 70% of the energy used in the average American home goes toward heating and cooling. Property installed insulation keeps your house more comfortable, saves energy and money, and cuts down on noise from outside.

The U.S. Dept. of Energy says you should consider insulating your home if

• You are uncomfortably cold in the winter or hot during the summer. Adding insulation can create a more uniform temperature inside your house.
• Your energy bills are high. Typically, more than half your energy costs are for heating and cooling your home. By adding insulation, you can lower your energy bills. In a nationwide survey of building improvements, adding ceiling insulation reduced heating bills by 10 to 20 percent.
• You are building an addition, or installing new siding or roofing. It's easier and cheaper to install insulation now than to add it later.
• You have an older home and haven't added insulation. In a recent survey, only 20% of homes built before 1980 were well insulated.
• You are bothered by noise from outside. Insulation can help to muffle sounds from outdoors.

Here are some websites you find helpful:

The EPA website provides useful information on insulating your home, including industry associations, facts sheets, and frequently asked questions about insulation.

The Energy Efficiency and Renewable Energy Network (EREN) section of the Department of Energy offers consumer advice based on your zip code.

The Alliance to Save Energy tells you how you can get financing for energy efficiency improvements.

The Home Energy Saver website (sponsored by the EPA and the DOE) shows you how much you can reduce your energy bills by incorporating their energy efficiency suggestions, specific to your zip code.

Brad Bergamini, real estate agent on Zillow

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