Summer is Coming; Let the Aussies Inform You How to Keep Your House Cool For Less During Summer

Running air-conditioning all day isn’t the only – or the cheapest – way to keep cool, and homeowners and renters can make small tweaks to their homes to beat the heat in the cost-of-living crisis.

The first step was to identify a part of the house that would be improved, typically where the most time was spent, such as a living room or kitchen.

From there, Adams recommended installing or improving insulation, both in the ceiling or beneath the floor. “Putting insulation in the ceiling, if there was none there, would really make a significant difference,” he said.

Adams said even those who already had insulation might not be getting its full benefit if it were incorrectly installed or if the ceiling featured downlights (canned lighting).

“Lots of houses have recessed light fittings, with gaps around them because some lights were designed to have airflow past them to keep them cool,” he said.

Next was to draught-seal doors and windows to prevent cool or warm air from escaping, and adding heavy or sun-blocking curtains or blinds to keep the sun out and warmth in.

read more at: https://www.smh.com.au/property/news/how-to-keep-your-house-cool-for-less-during-summer-20231221-p5et4g.html

San Diego County Home Sales Sink, Median Drops as Inventory Shrinks

San Diego home sales in September hit one of the lowest levels ever as mortgage rates continue to affect buyers.

Tight inventory had pushed up the median home price for months, despite rising mortgage rates, but prices dropped 1.2% monthly to $830,000 in September. The median which combines resale and newly built SFR, condo and townhouses is still up 5.1% annually.

Read more at: https://www.pressreader.com/usa/san-diego-union-tribune/20231031/281509345882846

ADUs Can Now Be Sold Separately In California

California Gov. Gavin Newsom has signed into law Assembly Bill 1033. It allows accessory dwelling units (ADUs) to be sold separately from the homes they are associated with, in effect creating two- or three-unit condominiums.

The bill’s sponsor, Assembly member Phil Ting (D-San Francisco), says the law opens the door to affordable homeownership by allowing these tiny homes, cottages, or casitas to be sold as condominiums. In a press release, he said this continues the momentum of California’s “backyard revolution” for affordable housing.

“Signing AB 1033 into law will help families burdened by high housing costs. Our children won’t have to move out of state to purchase a home; employers will be able to attract and retain workers who would otherwise leave our state due to lack of affordable homes; and elders who want to downsize and stay in their communities will have new options,” said Denise Pinkston, president of the Casita Coalition, a statewide group looking for affordable housing solutions.

The California Department of Housing and Community Development (HCD) reports the ADUs are needed because California’s housing production is not keeping pace with demand. In the last decade, fewer than half of the homes needed to keep up with the population growth were built. Additionally, new homes are often constructed away from job-rich areas. 

read more at: https://nationalmortgageprofessional.com/news/adus-can-now-be-sold-separately-california