Press Room Archives

Occasionally, because Bedico Creek Preserve is such a popular neighborhood on the northshore of Lake Pontchartrain in New Orleans, Louisiana, we will have newspaper, magazine, and online articles and blogs written about our master-planned community. We feature these articles in our Press Room area. Also, we sometimes create press releases for special news and events that are happening at Bedico Creek Preserve. You can find all of this information, plus make media inquiries all right here in our Press Room.

A master bathroom overview that also features a picture window above the soaking tub.

How Green Mortgages Are A Good Way To Go

October 30, 2020/in Local News

More and more time is spent in our homes as we are fighting COVID-19. There has been a big boost in telecommuting which has shifted the importance of home offices and exercise rooms. As homeowners spend more time at home, utilities are being used more than in the past.

According to Freddie Mac, March 2020 saw a 22% spike in electrical usage over March 2019. Midday consumption which is between 10 am – 3 pm rose 35%. This increase cost homeowners around $25 more for their monthly utility bills in April.

Homeowners are now placing importance on energy efficiency benefits. They are focusing on ways to reduce energy consumption which will reduce their monthly utility bills. Great ways to do this are by upgrading to energy-efficient appliances, heating, ventilation, or air conditioning (HVAC) units, windows and doors, as well as the addition of air sealing, insulation, solar panels, or geothermal heating.

A great way for homeowners to accomplish this is through green mortgages (also known as energy mortgages). These types of mortgages can be described as an environmentally friendly type of home loan. They are a special type of loan that is specifically created to save homeowners money while making a home more energy-efficient. These loans let you borrow money specifically to pay for energy-efficient upgrades to your home.

Builders and remodelers stay up to date with energy-efficient features through the National Association of Home Builders’ High-Performance Counts. Along with the NAHB, the National Association of Realtors created Home Performance Counts so that builders and remodelers can determine what energy-efficient features are most beneficial for their clients.

Remember using a green mortgage on your home will not only decrease monthly utility costs but will also increase your home’s market value. Stay up-to-date with tips on water efficiency, energy efficiency, indoor air quality, and other building science strategies through the National Association of Home Builders’ Sustainability and Green Building team.

Click Here For the Source of the Information.

Custom built home that is fully landscaped and is located close to New Orleans on the Northshore.

Record High Pending Home Sales For August

October 29, 2020/in Local News

The housing market is hot right now, and pending home sales are at a record high. The record-low mortgage rates are helping with the demand. In fact, August marks the fourth straight month for pending home sales increases.

The National Association of Realtors (NAR) puts out the Pending Home Sales Index (PHSI) which predicts pending home sales based on the number of current signed contracts. The PHSI increased by 8.8% from 122.1 to 132.8 from July to August. This is the highest level on record. As far as a year-over-year basis, pending home sales were 24.2% higher than they were this time last year.

Pending home sales have risen across the country in all four regions when it comes to month-over-month activity. It ranged from 4.3% in the Northeast to 13.1% in the West. The year-over-year activity saw the biggest gain of 26.0% in the Northeast. This is the second straight month that the Pending Home Sales Index reported double-digit year-over-year increases in every region.

Now is the time to purchase a new or existing home. If you are ready to take that step, contact a Realtor in your area who can get you the best price for the best home in the community you desire.

Click Here For the Source of the Information.