Five Fun Things New Homeowners Experience

Congratulations on your new home!

You’ve secured the mortgage and you’ve got the keys. A new phase is about to start and this is a stage that is familiar to anyone who has ever bought a house. You might think the hard work and decision-making are over. But really, you’re not there yet. A new world will open to you – fabric swatches, paint charts and furniture await.

But fret not. Now that you have your very own house, you are absolutely going to love every minute of the “hard work.”

This “new homeowner syndrome” is something to be enjoyed. And with every transition in our lives, something to be enjoyed while it lasts.

Now, let the fun begin. These are 5 things new homeowners know to be true.

1. You just have to talk about home-related topics every chance you get, in every conversation you have. No matter what.

When you meet your friends or they come over to visit (of course, they just have to drop by!), you will find yourself “showing off” your new home. Oh, the pride you feel! That beaming smile you just can’t stop! If they are in your home, you will be surprised that your feet suddenly have a life of their own, dragging them into the living room or heading towards the backyard. Perhaps even inviting them to tour the second floor followed by a stop in the basement.

Along the way, you talk nothing but home-related things – the merits of wood floor over carpet or vice-versa; the happiness in vaulted ceilings and eat-in kitchens. You even do an amateur presentation of fabric swatches and eagerly ask for their opinion on the best look. They of course will nod politely, agreeing to almost everything. And that is your cue to stop talking and make some tea.

2. Your idea of fun on weekends now constitute hanging out at home improvement or home decorating stores

With a new-found passion you never thought possible, you feel a fanaticism to furniture, home decorations, appliances, and even carpentry tools (for that DIY you have in mind).

You never believed before in the joy of browsing the shelves of your local home improvement store or leisurely looking at furniture pieces. Now you even check out lying on the bed and sitting on the couch to get the feel. You are now officially a converted homeowner!

3. What clothes? Your priority changes. Now it’s all about fabric swatches and quality decors.

You will happily swap fashion for interiors. Shopping for clothes or shoes will take second priority and perhaps won’t even come close to your focus on getting your hands on the most beautiful area rug and cushions; or the beddings and comforter that are heaven to touch, and the most luxurious table cloth.

Welcome to the world of excited new homeowners.

4. You develop an obsession for color schemes

Your mind focuses on the perfect shade, complementing hues, and the difference between lemon yellow and amber yellow. This notion becomes of high importance. Weighing the pros and cons of light and dark shades for your home is constant. A sunlight means opportunity to compare beige and a darker caramel color, and afternoon rays are about observing how light reflects on those wall hangings.

5. “Before” and “After” photos take on a whole new meaning. They’re about home makeovers, not much about people’s transformations.

You no longer care about the make-over photos or the toned, trimmed after photos of people who kept their work-out regimen. It’s about homes that look fabulous after a new paint work or a new landscaping project. You get your inspiration from interior design books and home improvement websites.

You might even go tohomes for sale websites like many new homeowners to get ideas from other properties in the market.

Being a new homeowner is an experience to treasure. For one, not everyone has the chance to own a home. So count yourself blessed for having the opportunity to be a homeowner. Second, the newbie stage of having a new home shall pass too. Hence, savor the feeling and enjoy the ride. Lastly, it is always fun to do something for yourself. Whether it is home improvement or experimenting on DIY projects, or other things other than home-related, learning should never be a dull thing.

Meanwhile, if you are a future homeowner, currently searching the market for a home, particularly in the Greater Denver area of Colorado, The Blake Team-Keller Williams Realtyis your best choice for Buyer Specialists to assist you in your search for a new home.

The Blake Team is an award-winning, full service real estate company in Aurora, Colorado that specializes in Buying and Selling. If you are looking for a home in the Greater Denver and Aurora areas, The Blake Team has an extensive database of properties that goes beyond the usual active listings you see in the market. The Blake Team has foreclosures, Short Sale, HUD homes, Pre-listed properties, as well as premiere luxury real estate.

Why Today’s Market Trends Require Private Equity Fund Administration

The financial crisis of 2008 showed investors the unpredictable nature of the global market. As a result, today’s financial environment has become stricter and more demanding, requiring firms to focus on accurate reporting, delivering greater transparency and tighter accounting controls. In sum, an efficient private equity fund administration.

While other firms choose to stick with an in-house staff for this responsibility, recent reports show that more private equity managers now embrace outsourcing. “The shift to outsourcing is also being driven by more complicated investment strategies, higher flows into private equity, the need among asset owners for more accurate and timely valuation, and more domestic and international regulations,” shares asset servicing and trading expert Rick Baert of Pensions & Investments.

What actually makes these challenges tougher and tougher each year is the perpetually changing landscape of the global financial market. The unexpected swings and hurdles along the way require not only proficient administration of funds, but also proper execution of strategies that can mitigate risks and yield higher return on investment.

A recent example of this is the slump in oil prices that has spurred activity among private equity investors across the globe. According to Arno Schuetze and Freya Berry of Reuters, “Global crude prices almost halved to around US$60 a barrel in the past 12 months, slashing company values, forcing budget cuts and putting more than US$150-billion of oil and gas exploration projects in jeopardy this year.”

While some investors decide to take a wait-and-see stance on this investment opportunity, majority of them are more bullish. What if oil prices fail to rebound for years? Is that even possible? “In the long-term the equilibrium point of oil prices is in the US$70-85 range. The question is when is it going to get there, are we talking 9 months or 30 months? That is where the risk lies,” says Warburg Pincus’ co-CEO Joseph Landy.

With the risky and volatile nature of these assets, the critical role of private equity fund administration comes to rescue. Through global operating procedures, financial accounting and shareholder reporter, fund managers allow investors to monitor and weigh risks, and come up with smart decisions based on the provided information. Fund managers also save firm administrators from all the demanding aspects of tax services, fund regulation including AIFMD and FATCA compliance.

Going back to Baert’s analysis, the positive impact of fund administrators to private equity firms has become more evident than ever before. According to the author, latest research from eVestment points out that private equity fund assets under administration (AUA) among 28 firms surveyed demonstrated a 15.27% increase in the second half of 2013, to a total of $879 billion.

To help you reach your business objectives, look for a private equity fund administration firm that knows when and where to apply the industry’s best practices in tested, yet creative ways.

What Government Should Do to Attract Buyer’s Sentiments?

Consumers are searching and active but the housing sentiment indices constructed have been at rock bottom in this quarter for the FY 2014-15.

Consumers are hanging on for clear indications that the market is ready to be entered into. Even though there has been a lot of noise in the markets, none of them have come through to the surface. Here is a list of 5 points which would help to revive the sluggish property market.

1. Realty developers have not ceased to build in the past couple of years. However, if most of these properties are disputed in terms of delivery dates, specifications, prices, sizes, escalation and add on demands, there is no clear mean that the problem shall be resolved for consumers. Taking on the battalion sized legal departments of real estate conglomerates is quite daunting for consumers which is why consumer sentiments are on the lower side too. Quicker implementation of real estate regulator which has under purview city departments which grant approvals to newer developers, consumers and projects shall be steps forward.

2. Consumers today await a drop in interest rates for home loans to drop before they enter the market for a purchase. It was observed in the past that when rates are increased, older consumers have to pay more money keeping in line with floating interest rates. However, special rates and rate cuts are often reserved for new consumers of home loan. Any assurance to consumers that irrespective of when they take home loans, the slashes in rates shall be passed on fairly to them and not just new consumers shall instil confidence in borrowers.

3. Larger numbers of people have multiple houses and even if they lease out their spare properties, they do it with much hesitation as rental laws are biased heavily towards tenants. However, when it comes to defaults landlords have to approach long drawn legal systems. Simpler rental laws shall bring more confidence among landlords and help them unlock unoccupied urban houses.

4. Policies for real estate must be less self-centres. When coffers run low, city administrations increase registration values and property taxes. However, it has been seen that amounts collected increase when rates of taxes are lower and consumers pay taxes voluntarily. Government policies must favour realty consumers for bringing back confidence. The launching of affordable housing policies as well as affordable properties in Gurgaon, Haryana pushed up launches in the segment.

5. Governments must address social housing for ensuring that everyone has house that can be lived in. It would be the perfect test for the concept of smart cities in the country.