Emmanuel Fonte | Music | Art | Leadership
If music be the food of love, play on. Emmanuel Fonte website is about music, art, real estate, architecture, design and decor. Occasionally, I talk about my other passion, hockey.
Homeowners Desiree and Brian Bell wanted to change the look of their 1950′s kitchen into a room they could call their own. Lauren Lake of Spice Up My Kitchen recreated the old space into a traditional one with modern flair and functionality. See the results on this HGTV video.
The real estate market continues to heat up as we head into the summer. Will this increase in demand equate to an increase in home prices? That depends. Remember, the price of any item is determined by the supply of and demand for that item at any point in time. Let’s look at the facts as reported by the National Association of Realtors (NAR) in this month’s Existing Home Sales Report:
Because supply is down and demand is up, many believe prices should begin to increase as we finish out 2012 and head into 2013. In some markets, this analysis is correct. However, there are certain states that still need to clear through a backlog of foreclosed properties which were delayed by the court procedures in those states. The National Mortgage Settlement gave the banks a clear path for releasing these distressed properties. Therefore, in several states, there will be a new supply of discounted inventory coming to market over the next six months. Whether that increase in supply will be fully offset by the increase in demand is still unknown. If not, home prices in those markets will still be under downward pressure.
A water fountain which is located in Osaka Japan at a public meeting place shows time with different patterns and flowers. It surely is a treat to watch this fountain with your eyes. Unlike normal fountains which throw water upwards, this fountain runs by throwing water from up to downwards. The most innovative feature of the fountain comes here, it runs on a microprocessor system that actually sprinkles the water in such an amazing fashion that it displays time to public and when not showing time, it displays different patterns such as flowers, vines and waves of bars.
The timing and patterns are all controlled by a microprocessor and it can be changed to different sequences and patterns. This fountain is basically located in a Osaka shopping mall where the customers are more attracted towards this fountain than the shopping items. This is one of the first few such types of fountains to be installed worldwide. However, with time this concept will get popularity for sure and we will see more and more such fountains getting installed.Below is the video of this attractive fountain in action:[pb_vidembed title=”” caption=”” url=”http://www.youtube.com/watch?v=dhOYRHt2cqM” type=”yt” w=”600″ h=”337″]
With U.S. home values falling by nearly 25% since peak in 2007, many homeowners are now underwater in their mortgages, meaning they owe more than their home is worth. Search this interactive map to discover what percentage of homes in your county or ZIP code are in negative equity, based on Zillow’s first quarter 2012 data. Now keep in mind that the county data (which Zillow uses) are notoriously wrong (at least in King County).
Click image to search the data.
