I do believe this is about the 7th or 8^th Valentine’s Newsletter we have sent out.

A quick recap. Many years back, when daughters were in college, maybe even in high school, I started to send them Valentines cards with the cachet that the volunteers in Loveland, Colorado would stamp on the envelope. Then they would mail them to the girls from Loveland, Colorado.

Mind you, it is not the Loveland Post Office that stamps the envelopes with the cachet that is different from year to year, but a very diligent group of volunteers from the Chamber of Commerce.

Anyway, I started to send Valentine’s Day cards to a few of my clients and, to my surprise; everyone thought that was cute, nice and thoughtful.

That idea has now blossomed into about 350 hand-addressed cards that we personally take up to the Loveland Chamber of Commerce volunteers. The volunteers range in age from the light-side of 65-70 years of up to, who knows, 80's?

Why drive to Loveland, when we could send through King Soopers? Well we did it once just to see for ourselves and, all I can say is, you would have to see it yourself. There are about six to eight tables with about 30 to 40 volunteers ready with their stamps. We give them $20 for their coffee/donut fund and you would think we gave then $100. Actually, quite cute - they send me a personal card every year and want us on TV - NO WAY, Jose!!!

So, long and short, I just like Valentine’s Day anyway. A nice holiday where I can send a card to a log of people who just hopefully feel the same way I do. Hey, there are some people who have no one else to share this day with. End of story. So have fun with this holiday!

Housing News

As of this writing, January 21^st in interest rates are at about 5.25%. Wow. Has this sparked attention! Yes it has, and why not?

I started showing houses to some people back in November. So far, their rate has dropped a total of 1%. That, my friends, is A LOT. They can now probably afford a home worth about 30 or 40 thousand dollars more than before. Activity is starting to pick up and rightfully so. We may actually see a 5% fixed rate on 30 year loans!

I know we have all heard this before, but it really is a good time to buy or invest.

As usual areas, Aurora is Aurora. A lot of Adams County is in what Fannie Mae calls OVA Declining Value Area. That means instead of zero down, you would need 5% down.

Although FHA will still do the 3% normal financing - kind of strange. My understanding is that FICA scores now have to be 680 and up... It’s now a little more difficult to qualify, not impossible, but just harder.  I will give you a couple of lenders to talk with if you give me call.

About lenders, Believe it or not, some of the lenders I have talked to are telling me they are getting calls from other realtors if they will do business with them.

Understand, the lenders they have used in the past are now out of business. Why? Guess why. The new regulations effective, I believe October 21, 2007, make it tougher to do business as in the past. Going forward, business must be done in an ethical, moral manner. Heaven forbid! Now, mortgage brokers are licensed and must adhere to ethical and honest dealings.

So, the lenders doing business now are generally speaking in good standing, or else. Plus, the buyers are better qualified, credit worthy and with available funding.

Investment property is making more sense because rents are going up due to the very same people that lost their homes through bad lenders, bad loan programs and bad escalating interest rates.

Anyway, those same homeowners need places to live. We are probably seeing an increase in rents of 5 to 10%. Maybe more but, at the same time, an investor needs more money down and tougher qualification standards.

Certain areas in town still have a glut of houses on the market, a lot of short sales and foreclosures.

I worry about certain municipalities and counties concerning unpaid taxes and homeowner’s dues. Who and when do these get paid? Good question and a concern.

So overall, with interest rates having a chance at 5%, will it help? Oh yes it will. We are already seeing activity and maybe this will help to get rid of some of the inventory. Nevertheless, there is a lot of, sorry to say, junk out there.

As always, good, well kept, well priced houses still sell.

Tired of snow and cold? This has been one of the first winters of not playing golf at least every couple of weeks. I'm looking forward to some kind of warmer weather! Please, sun worshipers, where are you? Unite with me!!!

Rockies exhibition has already started, or soon to be. Will order schedules soon.

Happy Heart Day to you all. Have fun with it and enjoy. OK.

Some Interesting Facts…..

There are many ways you can reduce global warming emissions at home. Finding more efficient and less costly ways to heat, cool, and light up your home, and run your appliances, can help to reduce greenhouse gases like carbon dioxide (CO2)—a primary contributor to global warming. Here you’ll find money- and energy-saving advice and articles, plus links to resources that can help you save even more.

Large-scale changes by government and industry are also needed to curb emissions. In general, one of the most effective ways to reduce CO2 emissions is to decrease the proportion of electricity generated from fossil fuels. About 70 percent of electricity in the U.S. currently comes from fossil fuels such as coal, natural gas, and oil, which release significant quantities of CO2.

What size is your carbon footprint? According to recent government estimates, an individual’s carbon footprint — the CO2 emissions associated with a particular lifestyle — is about 22,000 pounds (11 tons) on average each year. Since that amount will vary depending on where you live and your particular lifestyle, you can get a personalized estimate by using an online carbon footprint calculator.

Start saving carbon at home. Below is a list of steps you can take to reduce CO2 emissions by potentially thousands of pounds. For each action below, we’ve indicated the amount of CO2 and money that you can save over the course of a year. Actions are prioritized by those with the largest CO2-savings at the top of the list to the smallest at the end. That way, you’ll have a framework for choosing the most effective ways to reduce your “carbon footprint”.

WHAT YOU CAN DO AT HOME APPROXIMATE ANNUAL SAVINGS

1. Seal and insulate duct system CO2-savings: Up to 10,140 pounds*
Cost-savings: Up to $319 (natural gas)
                                                                                                                                                Up to $436 (oil)
                                                                                                                                                Up to $775 (electricity)

Sealing the ducts in your home and insulating any portions that pass through unconditioned spaces, such as the attic, basement, or garage, could reduce CO2 emissions and your heating and cooling costs by up to 40 percent.

2. Replace an old hot water heater CO2-savings: Up to 3,285 pounds
Cost-savings: Up to $103 (natural gas)
                                                                                                                                                  Up to $141 (oil)
                                                                                                                                                  Up to $251 (electricity)

About 13% of a typical household’s energy is used for heating water. By choosing a newer hot water heater model—which are 10 percent more efficient than conventional models—you can reduce CO2 emissions by about 3,285 pounds annually.

3. Control heating temperatures CO2-savings: About 3,150 pounds*
Cost-savings: About $99 (natural gas)
                                                                                                                                                 About $135 (oil)
                                                                                                                                                 About $241 (electricity)

For every degree you lower your thermostat, you can cut energy use by about 3 percent. By lowering the heat by 5 degrees for 8 hours at night and 10 degrees for 8 hours during the day, for example, you can save about 3,150 pounds of CO2 annually.

4. Choose an energy-efficient central air conditioner CO2-savings: About 1,540 pounds
Cost-savings: About $118

Most homes have a central air conditioning unit with a 10 SEER (Seasonal Energy Efficiency Rating). By choosing a new Energy Star qualified unit with a SEER of 14, you can reduce CO2 emissions by about 1,540 pounds annually, assuming it’s on for 1,320 cooling hours, or 8 hours a day for 5-6 months. And make sure that your contractor does the sizing calculations so you don't install a unit that's too big; it will cost more and require larger ducts to handle its higher airflow. The unit also may fail to provide the expected comfort.

5. Control your hot water heater temperature CO2-savings: Up to 733 pounds*
Cost-savings: Up to $23 (natural gas)
                                                                                                                                                    Up to $31 (oil)
                                                                                                                                                    Up to $56 (electricity)

For every 10 degrees you reduce your hot water heater’s temperature, CO2 emissions are reduced by about 3-5 percent, or 733 pounds annually. Setting the thermostat at about 120 degrees, or between low and medium, is a reasonable temperature. And if your hot-water heater is less than 10 years old, you don't need to buy an insulated blanket for it—the newer units have enough insulation to make the extra layer unnecessary.

6. Put your computer to sleep CO2-savings: About 576 pounds
Cost-savings: About $44

In the computer and monitor models recently tested by Consumer Reports, letting the system sleep for 12 hours out of every 24 would save about 576 pounds of CO2 annually. Obviously turning off the computer will save the most energy, but newer computers – those made within the last three years – use so little energy in sleep/standby mode that you don’t need to actually shut it down during daily use. And note that screen savers do not actually save energy.

7. Replace 5 regular bulbs with compact fluorescents CO2-savings: About 500 pounds
Cost-savings: About $38

Compact fluorescent light bulbs (CFLs) come in all sorts of shapes and sizes. By strategically replacing at least 5 heavily used 75-watt incandescent bulbs with 5 25-watt CFLs, you can reduce CO2 emissions. By using CFLs especially in places that are less accessible, like stairway fixtures, you can also get the benefits of less frequent changes because CFLs last from 5 to 13 times longer than standard bulbs, according to manufacturer's claims. While CFLs initially cost more, a single bulb can save from $25 to $45 over its life. Be aware that they do contain mercury, however, and should be carefully disposed. Check Earth911 for a Zip-code searchable listing of local disposal and recycling options.

8. Control air conditioning temperatures CO2-savings: About 378 lbs*
Cost-savings: About $29

For every degree you raise your thermostat, you can cut energy use by about 3 percent. By increasing the temperature by 3 degrees, you can save about 378 pounds of CO2 per year. Note that using a ceiling fan with your air conditioning can make a higher thermostat setting less noticeable by making your room feel 6 or 7 degrees cooler.

9. Choose an energy-efficient washing machine CO2-savings: About 356 pounds
Cost-savings: About $27

By choosing an Energy Star qualified washing machine over a conventional model, you can reduce emissions by about 356 pounds annually, assuming 392 loads per year. Consumer Reports recommends front-loading machines for the best all-around performance and our tests show that the most efficient machines can cut water consumption by about 25 percent compared with the least efficient models tested. Initially a front-loader may cost more than a top loading washing machine, but the extra cost will be paid back in a few years in energy savings. If a top-loader works better for you, there are some high-efficiency models available in this type too. To find the most efficient model that meets your needs, check our Green Ratings.

10. Choose an energy-efficient room air conditioner CO2-savings: About 105 pounds
Cost-savings: About $8

Replacing a single window unit with a new Energy Star certified model over a conventional model can reduce CO2 emissions by about 105 pounds annually, assuming it’s on for 750 hours, or about 8 hours a day over three months. To find the most efficient model that meets your needs, check our Green Ratings.

11. Choose an energy-efficient refrigerator CO2-savings: About 98 pounds
Cost-savings: About $7

If your refrigerator is more than 10 years old, replacing it with an Energy Star qualified model can reduce CO2 emissions. Also, note that top or bottom freezer models are generally the most efficient models. To find the most efficient model that meets your needs, check our Green Ratings.

Find out how you can start saving carbon On the road.

* * *

CO2-savings calculation assumptions: A gallon of gasoline produces 20 pounds of CO2; a gallon of fuel oil, 22 pounds; a therm of natural gas, 12 pounds; a kilowatt-hour of electricity, 1.4 pounds.

Cost-savings calculation assumptions: A gallon of gasoline costs $2.79; a gallon of fuel oil, $2.45; A thousand cubic feet of natural gas (mcf), $13.31; a kilowatt-hour of electricity, 10.7 cents.

*Based on national averages from the latest figures available from the Department of Energy’s 2001 Residential Energy Consumption Survey of home energy uses and costs for a single family home of about 2,500 square feet.