Loan Zone: Energy savings loan solutions

first_imgWith some of the coldest winter temperatures in the United States, Vermonters spend $800 million a year on heat, according to some estimates. That’s approximately $1,300 a year per capita for heating expenses alone, making these expenses a major financial burden and energy efficiency a priority for many of our members. Indeed, we found that members often sought short-term loans during the cold winter months to help pay for heat.With Vermont households’ reliance on fossil fuels—oil, propane, kerosene, and natural gas—to stay warm, the state of Vermont has committed to aggressive energy efficiency and renewable energy goals that aim to produce 90 percent of Vermont’s energy needs through renewable energy and increased efficiency by 2050. The state plan also includes goals to foster economic security and independence by creating jobs in efficiency and local renewable energy projects and keeping dollars close to home in Vermont.Even with these statewide energy goals and the burden of high energy costs, VSECU learned that only 20 percent of all home energy audits performed converted to actual home improvements. Vermont homeowners did not have the resources to pay upfront for the upgrades recommended as part of the energy audit, which often included adequate home air-sealing, insulation, and heating system upgrades. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Upgraders told to ‘act now or miss out’ on their forever home

first_imgThe Gold Coast is a good market for home buyers looking to upgrade, according to RiskWise. Picture: Mike Batterham.According to Knight Frank’s Australian head of residential research, Michelle Ciesielski, the Brisbane market saw more buyers upsizing in the past year to take advantage of green shoots appearing in the prestige market.“This was from those already placed in the local market and those relocating from interstate with a desire to make their money go further than what could be purchased in other east coast cities,” Ms Ciesielski said.“We see this trend continuing into 2019.“Price growth will continue to follow this trend, with a sustainable annual growth of 3-5 per cent by year’s end.” OLD AND NEW GO UNDER THE GAVEL This house at 55 Sunny Ave, Wavell Heights, is for sale.“It’s in between the Sandgate Road and Gympie Road rat runs, close to the city and it has lots of options in terms of public and private schools. “It’s also reasonably affordable at the moment in terms of family homes and decent sized blocks.“It feels like an opportune time for us to get the right home for the right price.”John Andrew of Place Nundah said Wavell Heights had become an appealing suburb for families because it was predominantly residential, had good public and private schools and didn’t have density issues like nearby Chermside.Mr Andrew said values had risen in the area, but it was still relatively affordable.“We see people decide; ‘OK I can get a small lot in Clayfield or a bigger house in nearby Wavell,” Mr Andrew said.“If you bought a simple post war home for $600,000 and put $250,000 to $300,000 into it, you’re not going to overcapitalise.”TOP 10 SUBURBS FOR UPGRADERS IN SOUTHEAST QLDSuburb Median house price Change in 12 mths Change in 5 years1. Albion $769,764 9% 33.1%2. Wavell Heights $695,010 6.5% 34.3%3. Stafford $605,605 7.2% 34.3%4. Sunnybank $779,523 7.8% 47.4%5. Murrarie $638,691 8.5% 44%6. Hope Island $794,422 7.1% 40.7%7. Miami $768,991 11.1% 63.3% 8. Palm Beach $794,321 8.6% 57.9%9. Mooloolaba $778,620 13.8% 48.7%10. Coolum Beach $638,648 10.8% 45.6%(Source: RiskWise Property Research, CoreLogic) William and Misty Barsby with their children Annabel 6 and Jackson 3 are looking to upgrade to a bigger house in Wavell Heights for their growing family. Picture: Jamie Hanson.THEY are the “upsizers” — an emerging market of aspirational home hunters with growing families, healthy bank balances and big dreams for the future.And property experts are urging them to “act now or miss out” on securing their forever homes while southeast Queensland’s housing market is in a sweet spot. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE RiskWise Property Research has run the numbers and identified the 10 best suburbs for buyers looking to upgrade to a bigger or better property.The top three — Albion, Wavell Heights and Stafford — are all on Brisbane’s northside and within 10km of the CBD, while half are on the Gold and Sunshine coasts. Some of the prestige homes in Brisbane.Mr Peleg said there were two types of upgraders — those living in a house and wanting to move to a bigger one or a better location, and those living in a unit and looking to buy a house.More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours agoHe said upsizers in southeast Queensland needed to factor in an extra $200,000 to $300,000 — less than the $400,000 to $500,000 needed to upgrade in Sydney.“They are key drivers in comparison to Sydney, where the market is declining, you need to add far more money to upgrade and investor activity is actually going down,” Mr Peleg said. HOUSE PRICES BOUNCE BACK STRONGER RiskWise Property Research chief executive Doron Peleg.But he said buyers needed to act fast before those factors pushed prices up.“This puts upgraders in a good position to achieve a bigger property or a better location for a relatively reasonable price,” Mr Peleg said.“There’s a good selection of suburbs in southeast Queensland that provide the desired quality and location without the million-dollar price tag and with the second benefit that it is likely to enjoy long-term capital growth.” WINTER FEAST FOR PROPERTY BUYERS Wavell Heights has been identified as one of the top suburbs in southeast Queensland for upgraders.RiskWise Property Research chief executive Doron Peleg said southeast Queensland’s housing market had the perfect fundamentals for medium to long-term investment — relative affordability, population growth, an improving economy and modest capital growth. MEGA MANSION SELLS FOR $11M Upgraders are being urged to act now if they want to get a bigger or better house in the southeast Queensland market. Picture: Richard Walker.In compiling the research, RiskWise considered only houses with a median price of $600,000 to $800,000 to appeal to a broader audience.“Another consideration was that from a value-for-money perspective, these suburbs present great lifestyle, education and opportunity in comparison to other suburbs in southeast Queensland as well as strong internal migration and affordability,” Mr Peleg said.”They also enjoy future projected and strong long-term demand but have also enjoyed good capital growth in recent years and are already considered very popular among upgraders.”Will and Misty Barsby are looking to upgrade to a bigger house closer to the city and have their heart set on Wavell Heights.“We’re looking for our ‘forever home’, as my wife calls it,” Mr Barsby said. The couple and their two young children currently live in Burpengary, but would ideally like to move in to a renovated character home with at least three bedrooms, two bathrooms and on a minimum 600 sqm block.“We’ve done a bit of research, but what we really liked about Wavell Heights was the accessibility,” Mr Barsby said.last_img read more

Australia: Gladstone LNG exports rise in April

first_imgChina also retains its spot as the top importer of Gladstone LNG volumes. China imported a total of 1.12 million tons in April. This compares to 1.82 million tons exported in March 2020 onboard 28 tankers. Gladstone Ports Corporation data shows the three liquefaction plants exported 29 cargoes. South Korea imported 283,194 tons in April. Japan, Malaysia and Singapore imported 203,823 tons, 187,620 tons and 138,748 tons, respectively. April LNG exports also rose when compared to the corresponding month last year. To remind, the three facilities exported 27 cargoes in April 2019, totaling 1.78 million tons. Image courtesy of Santoscenter_img LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.93 million tons in April 2020. So far this year, the three liquefaction plants exported a total of 114 cargoes, totaling 7.52 million tons of the chilled fuel. For comparison, the three plants shipped a total of 111 cargoes amounting to 7.37 million tons of LNG in the corresponding period in 2019. The LNG export plants located on Curtis Island include Shell’s Queensland Curtis LNG, Santos Gladstone LNG, and the ConocoPhillips-operated Australia Pacific LNG terminal.last_img read more

Arsenal star apologises for Champions League performance.

The Welsh star said on twitter “it wasn’t good enough”Staying with Arsenal and manager Arsene Wenger insists Danny Welbeck needs time to settle at the club.The England striker fluffed an early chance in last night’s defeat. Tonight Bayern Munich host Manchester City and Chelsea welcome Schalke.Franck Ribery will not be available for Bayern due to a knee injury while City are without Stevan Jovetic and right-back Pablo Zabaleta.It’s a tough group for City will also play Roma and CSKA Moscow in Group E. read more

Cody commits to another year at the helm

first_imgKilkenny are slated to open their League campaign against Waterford, and have a bye to the Leinster Championship semi finals. Brian Cody remains the man to lead the Kilkenny hurlers for a nineteenth year. The 11-time All Ireland winner was ratified for another year in charge at a meeting of the County Board last night. 62-year old Cody will retain his current backroom team as well. last_img