Milton, DE Homeowners Avoid Golf-Home Development Woes
The game of golf remains a leading participation sport across Milton, DE—but over the past decade, its growth as an industry has rolled into a hazard. According to a sobering report in The Wall Street Journal, some unanticipated demographic factors have combined with legal problems to drive some golf-home property values out of bounds. Even Golf Operator Magazine calls golf’s decline “a perfect storm.” As a result, it’s fair to say that Milton, DE golfing enthusiasts who resisted the allure of some golf course community developments now have reason to celebrate their forbearance.
You didn’t have to have been a top-notch golfer to have appreciated the promise of life along the links. Especially in the 1980s and ‘90s, developers flooded the market with resort-like golf-course developments. There are 3,800 private clubs in the U.S.—a quarter of them built after 1970. Even non-golfers could appreciate the appeal of living near the wide-open green spaces of a beautifully kept private course—not to mention the anticipation of property value growth as the newly planted links matured into ever more desirable golf destinations.
Problems began to develop a few years back, as younger Americans failed to match their elders’ enthusiasm for the game. The National Golf Foundation counts 23.8 million active players, down from a 2001 peak of 30 million. The repercussions are many, but the dramatic falloff in revenue has caused the closure of 1,000 courses—with dire consequences for the real estate developments associated with them. For courses that continue to operate despite lower participation rates, homeowners’ association member fees can skyrocket (from $5,000 to $24,000 annually in one example). This can cause home sellers to find few buyers at any price—especially among younger people who are not interested in golf. Lawsuits have resulted—further weighing on property values. And when a course is shuttered, dried-up fairways and deserted clubhouses are scarcely an attraction.
- Written by Jimmie Bachand
Moving into a New Milton, DE House Calls for Some “Warming”
It could hardly be a greater occasion—the move into a new Milton, DE house! Marking the moment in some unique way must be some sort of universal compulsion. It certainly stretches far beyond our shores (and back in time thousands of years).
Some Milton, DE new house owners mark the occasion by throwing a housewarming party—a tradition rooted in the days when every able-bodied villager would have been a ready volunteer in the dwelling’s construction. The proud new householder would be expected to host a celebratory feast in appreciation to their neighbors.
Today’s typical new homeowners are vastly more likely to be new arrivals to the neighborhood, so the warming of a new Milton, DE house is likely to be a considerably less crowded affair. Even now, though, after spotting moving van activity, some of the neighbors may stop by to introduce themselves. They’re likely to echo the past, bearing a housewarming gift as a welcoming gesture.
Today, that’s often a tin of cookies or a home-baked pie—but for a few of the more tradition-minded, it might be one of the ancient ones from a far-flung corner of the globe. If you are planning on moving into a new Milton, DE home anytime soon, don’t be surprised if you’re on the receiving end of one of these time-honored housewarming gifts:
· Bread and salt. From Russia, when the first items brought into the home are a loaf of bread (banishing hunger) and salt (bringing wealth and hospitality), an abundant future is guaranteed.
· Holy thread. In Thailand, tying a piece of thread around the wrists of family members assures good luck.
· Burning sage. Native Americans cleared out negative energy by lighting dried sage and directing the smoke throughout the house. To be most effective, turn off all the electronics (if the cable isn’t hooked up yet, that should be easy!)
· Boiled milk and rice. From India, this is the easy one: boil milk and rice in a pot until it overflows to guarantee purity and long life. (The harder version: bring a cow inside).
Around the globe, there are literally dozens of other luck-attracting gifts—but of those, the most widespread one is probably the simplest:
· A candle. Light it on the first night to ward off evil spirits or (with green candles) to court prosperity. Universally, you should allow it to burn all the way down. This (or lighting the fireplace on the first night) is likely the literal origin of the warming in housewarming.
- Written by Jimmie Bachand
Making Milton, DE Homes Happy: 4 Scientific Tips
Creating a happy home would have to weigh in as among the most rewarding of all endeavors—and, you’d have to believe, one that requires a goodly dose of what lifestyle gurus call “the art of good living.” That’s why one general interest article in Realtor® Magazine deserved at least a double-take with its headline, “The Scientific Secrets of What Makes a Home Happy.”
Really? Happiness is not generally thought to be something that lends itself to scientific scrutiny: graphs and charts and mathematical precision. If there truly are scientific ways you can make Milton, DE homes happy ones, it promised to be worth looking into.
In fact, the piece did have a scientific basis—research findings that identified conditions that produce high levels of self-reported “contentment.” The “secrets” may not be shrouded in mystery, but four of the leading ones seem sensible:
· Long commutes are mood killers. Researchers found a strong correlation between easy access to workplaces and contentment.
· Clutter costs happiness. UCLA’s Center on Everyday Lives and Families found that “high densities of objects in the home” raised female subjects’ stress levels (measured by presence of the hormone cortisol). Men apparently didn’t notice.
· Know your neighbors. Relationships with neighbors leads to a sense of well-being—as anyone in Milton, DE can probably tell you!
· Pay down the mortgage. Even the researchers admit that this one is easier said than done, but when the “debt dwindles” the “mood rises.”
There was one tip to a happy home that I might question: “paint your walls green or yellow.” The source was a university in Holland—but since it might be true that color preferences vary by continent, there’s cause to hesitate. For the record, the study suggests yellow walls for playrooms (to spark “creativity and playfulness)” with green for bedrooms (engendering “comfort and serenity”).
- Written by Jimmie Bachand
Poll Hints at Whether Now is Time to Sell Your Milton, DE Home
Milton, DE’s holiday season is well underway now that we’ve passed the commercial post-Thanksgiving kickoff days: Black Friday, Cyber Monday, etc. If you are one who is debating whether or not to sell your home during the holidays, there are plenty of both pros and cons. One good reason is the relative lack of competition; another is the attitude of most house hunters in December: they tend to be an earnest crew.
As to whether this particular holiday season looks like a good one to sell your own Milton, DE home, last week offered what might be a relevant hint. Although it’s true that measuring consumer “moods” can be an iffy proposition, last week delivered at least one piece of hard evidence. Since Milton, DE home buyers are by definition the ultimate consumers, it was one element pointing to how this year-end market might be expected to fare.
On Tuesday, the Rasmussen Reports polling organization published one of its periodic consumer attitude polls—this one zeroing in on residential real estate. Among the findings in a report titled “Homeowner Optimism Still Among Record Highs”—
· U.S. homeowners are “more optimistic than ever” about their home’s value.
· 69% of polled U.S. homeowners say that were they to sell their home now it would be worth more than what they owe.
· Already last May, 66% fewer had held that opinion—and that was the highest in nine years!
· Homeowners expect that their home’s value will continue to rise through 2019.
The positive real estate views were buttressed by a number of other positive signs. More than a third of those queried (39%) expect that they will earn higher incomes in the coming year—creating a large pool of workers who are “more confident than ever.” And on the employment front, fewer than ever (41%) say they know anyone who is unemployed and trying to find a job. Last May that number was 46%—making this the first time ever that this measure has fallen below 50%.
- Written by Jimmie Bachand