Got Green?

The RE Store was founded in 1993 by the non-profit organization RE Sources for Sustainable Communities to address the growing problem of wasteful disposal of useable building materials, most of which were buried in the local landfill. The RE Store provides an alternative to dumping those materials.

In addition to giving old materials new life, The non-profit RE Store also saves homeowners, contractors, and business owners the burden of wasting useful, beautiful, and unique items.  Since its inception, The RE Store has turned building material waste into a viable sustainable business venture that diverts close to 3,000,000 pounds of waste per year from needless disposal while employing over 30 people.

At their website you can learn about them, how they can help you and how you can help them, take a workshop, get involved in various sustainable activities and find links to resources, networks, and information.

The RE Store’s success is based on a winning formula: They save money for homeowners, contractors, and business owners on disposal costs, while providing high quality building materials at discounted prices. This creates jobs and opportunities for reuse, education, and innovation at every step of the process.

They carry quality building and home improvement materials at prices that are up to 50% off of new items. They also offer a wide variety of services including pickups, salvage, and whole building deconstruction. Located in Bellingham and Seattle, with a fleet of trucks that respond throughout western Washington, The RE Store is a leader in the used building materials industry, a valued community service, and a winner of local, state, and national awards.

The Bad News

  • The demolition of a modest 2,000 square foot house generates a mountain of trash — 127 tons!
  • 124 million tons of construction debris is buried in landfills every year. That is enough debris to build a wall about 30 feet high and 30 feet thick around the entire coast of the continental United States (4,993 miles).
  • 200,000 buildings are demolished in the U.S. each year. Up to 50% of each building is salvagable and reusable. Another 45% is recyclable into another usable form.
  • Each year the United States buries about 33 million tons of wood related construction and demolition debris in our landfills. As anaerobic microorganisms decompose this wood, it will release about 5 million tons of carbon equivalent in the form of methane gas. This is equivalent to the yearly emissions of 3,736,000 passenger cars.
  • Homes in the U.S. are 38 percent larger in 2002 than in 1975, but house less people per household.
  • 50 percent of consumed materials (globally) are used in construction and remodeling.

The Good News

  • Did you know that re-using the lumber from just one house (2,000 square feet) saves 33 mature trees?
  • For every ton of wood that is reused, we avoid creating 60 pounds of greenhouse gasses.
  • Average annual materials saved by REStore from landfills — over 2,500,000 pounds
  • Number of job sites visited by RE Store per year — over 1100
  • RE Store pickups completed per year — over 750
  • RE Store’s first year of operation - 1993
  • 35 local jobs are directly created by The RE Store (Bellingham & Seattle)
  • Over 80,000 customers annually visit their two stores in Bellingham & Seattle.

An average home contains about 4,700 pounds of steel and 770 pounds of recyclable plastics. If carefully deconstructed, these materials could be recycled into new products with a net savings (or preservation of embodied energy) of 59 million Btus.

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The Small House Movement - BoKlok (Swedish for Live Smart)

BoKlokBoKlok is a groundbreaking new concept to housing that involves providing space-saving, functional and high-quality properties at a price that enables as many people as possible to afford a comfortable home.

First pioneered in the 90s in Sweden by furniture company IKEA and construction firm Skanska, BoKlok has expanded to Finland, Denmark, Norway and the UK.
BoKlok, roughly translated, means “live smart” and its concept is based on customers’ real needs and wishes - a safe environment, roominess and access to green space. The Flats provide open plan living, with high ceilings and large windows offering light and spaciousness, solar panels, and low-energy heating. The homes combine Swedish tradition with modern design, which may best be seen in the choice of building material and the effective and stylish utilization of space.

Completing the sense of community and a safe environment are inner courtyards and green space with a particular emphasis on minimizing the impact of cars and parking.
In larger schemes, they will provide pocket parks and interactive children’s play areas, as well as dedicated recycling stations. All the flats will use sustainable materials and be energy efficient. Along with the flats they are now building what they call the Terraced House, a roomier home for expectant or growing families.

The 10 goals of BoKlok are: compact living, safe environment, good standard, modern living, low price, light and space, close to the ground, complete solutions, good design and small scale. You can read how they achieve these goals quickly and easily on their homepage.

Learn more about BoKlok philosophy and designs at BoKlok.

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Lender Tides are Changing

Denice at the HelmMy husband Henrik and I bought this sailboat earlier this year, an old Catalina 25 that we’re fixing up. He’s Swedish, I have history in Louisiana, we may name it Swedish Gumbo. It’s looking pretty good and my husband’s teaching me to sail. I grew up with boats so I work the tiller pretty well (do I look cute or what?!) but the lines and sails confuse me. I’m learning to tack now. The last time we went out the thought crossed my mind that real estate in Seattle is a lot like sailing. Both require attention to detail and patience, both are exciting and maddening, both cost a lot of money and licenses, changes happen, and when there’s no wind (or buyers) nothing moves.

Changes in the turbulent sea of financing are creating noticeable wakes that are causing buyers to lose financing and/or not be able to qualify for financing. As lenders require higher qualifications for financing, the elasticized buyer pool as we’ve known it for some time is contracting back to its normal size. Effects are felt by buyers, Realtors, sellers, and every player in the supply chain of a real estate transaction.

It’s a situation for buyers to recognize and come to terms with as lenders become less generous with their loan products. Maybe now they’ll have to consider a smaller home, maybe in a more affordable neighborhood, maybe a townhome or condo instead of a house. Sellers will be wise to pay attention to correct pricing of their property for its location and condition as appraisers value properties with greater scrutiny. Wise Realtors will want to take more care in qualifying buyers and helping them get properly qualified, making sure they have solid pre-approval in writing from a lender and not accepting pre-approval letters from a mortgage broker based on a telephone conversation. Wise Realtors will make sure their listing clients understand the importance of pricing right as well as possible longer market times resulting from smaller numbers of buyers in particular price ranges.

People with higher incomes and healthy downpayments who are buying higher-priced properties will, of course, gracefully fly right over this weather. “Higher-priced properties” in Seattle is a subjective phrase as fixers are selling for over $700,000 in the Central District where I grew up. I’ve invested a lot of space in this newsletter sharing information about current issues relating to homeowners in low and moderate price ranges as this really is the “meat and potatoes” the “heart and soul” of the Seattle my friends and I grew up in and watched evolve into the various neighborhoods we call home today.

For September’s issue I’ll share with you our luxury condo market and issues relating to high-end properties. Do you wonder what kind of condo you can own for $1 or $2 Million? Well, stay tuned for lifestyle properties next month.

As for sailing, next week we’re going to a sailing certification course and stay at Rosario Resort on Orcas Island.

I like sailing with the wind at my back, and this good fortune I wish for you, too.

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HUD’s Regulation of Fannie Mae and Freddie Mac

Girl with dollar billsHUD, the U.S. Department of Housing and Urban Development, regulates two housing government-sponsored enterprises, Fannie Mae and Freddie Mac (the GSEs), which were chartered by Congress to create a secondary market for residential mortgage loans. They are considered “government-sponsored” because Congress authorized their creation and established their public purposes.

Fannie Mae and Freddie Mac are the largest source of housing finance in the United States. Their Congressional charters require each corporation to achieve public purposes that include providing stability and liquidity in the secondary mortgage market, providing secondary market assistance relating to mortgages for low- and moderate-income families, and promoting access to mortgage credit throughout the Nation, including under served areas.

In exchange for carrying out these public purposes, the GSEs are accorded various privileges that provide them with some benefits not available to other private corporations. These benefits include an exemption from state and local taxes (except property taxes) and conditional access to a $2.25 billion line of credit from the U.S. Treasury Department.

While the securities that the GSEs guarantee, and the debt instruments they issue, are explicitly not backed by the full faith and credit of the United States, such securities and instruments trade at yields only a few basis points over those of US Treasury securities with comparable terms, based on the belief of many investors that the Federal government would intervene if a GSE were to become insolvent. Consequently, the GSEs are able to fund their operations at lower costs than other private firms with similar financial characteristics.

Even though Fannie Mae and Freddie Mac are Congressionally chartered, they are also private, shareholder-owned corporations that have been regulated by HUD since 1968 and 1989, respectively. Both GSEs fund residential mortgages by purchasing loans directly from lenders, such as mortgage bankers and depository institutions, and holding these loans in portfolio or by issuing mortgage-backed securities (MBS) that are sold to a wide variety of investors in the capital markets.

The Secretary of HUD is the mission regulator for Fannie Mae and Freddie Mac, with oversight authority to ensure that both GSEs comply with the public purposes set forth in their Charters. An independent office of HUD, the Office of Federal Housing Enterprise Oversight (OFHEO), regulates both GSEs for safety and soundness by ensuring that they are adequately capitalized and operating their businesses in a financially sound manner.
In both cases you have rights up front and can always reject the deal if it’s not the best thing for you in the long run.

This is not the lightest of reading. Most people don’t know much, if anything, about HUD, Fannie Mae, or Freddie Mac even though they hear the names referenced in the news. This article continues here and is a good education on these government sponsored enterprises.

Ron J Howard
Homestone Mortgage
Senior Mortgage Banker/Broker
www.ronhowardseattle.com

CELL/DIRECT 206.852.7023
FAX 866.771.0128

EASTLAKE OFFICE
2345 Eastlake Ave E Suite 202 Seattle WA 98102

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Go Explore - Farmers’ Markets

WOW the goodies you can find at your local Farmers Markets!

My husband Henrik and I like to meet the farmers, learn about their farms, and hear their recipes and ideas. The atmosphere outdoors is fun and the produce changes with the seasons.

We especially like to buy fresh, organic vegetables and cheeses. Last Sunday he spotted a colorful Spring salad with various lettuces, yellowish-red edible flowers and dill. Put your head inside the bag and it’s like a symphony of sweet green smells with a top note of fresh dill.

Curious folk like ourselves walk around and look at what other people bought. There are seven Seattle area Farmers Markets: Broadway, Columbia City, Lake City, Magnolia, Phinney, University District, and West Seattle and over 100 Farmers Markets throughout the State of Washington.

You can read about the benefits of shopping at Farmers Markets at the Neighborhood Farmers Market Alliance and Washington State Farmers Markets Association. For those of you living in other states, call your Chamber of Commerce.

Do you have recipes you’d like to share?

SeabeansThese twiggy vegetables are Seabeans. They’re also known as salicornia, glasswort and beach asparagus. They grow on beaches and in marshes and are generally available during the summer (seabeans used to be burned and the ashes used as soda for making glass and soap.) They have a flavor reminiscent of a day spent at the ocean — salty, briny and the slightest bit vegetal with a bit of a crunch. So far we’ve found them good tossed in salads and as side dishes. Blanch them to remove some of the salt.

FiddleheadsThese are vegetables that Dr. Seuss would surely love. Fiddlehead Ferns. They’re only available for a short time in Spring. It was a little weird the first time I ate Fiddleheads, they look so strange, but they were delicious. I sautéed them in olive oil and fresh crushed garlic and served them hot. I was also told they’re good on the grill brushed with a mixture of olive oil, garlic, and lime or lemon juice, and since we’re all about the “Q” that will be how I cook the next batch (if I can get more this year.) Traditionally, fiddleheads are served with butter or oil and seasoning. Cooked with garlic and/or bacon they develop a more complex flavor. They’re supposed to be very good with morel mushrooms, too.

Garlic curlsThese are garlic curls also known as scapes. They’re the tender flower stalks that grows out of the middle of hardneck garlic before the garlic below is full grown. They break these off so that the plant can devote its growing energy into the storage bulb and not into making flowers and seeds. The garlic curl season is only about three weeks long. We saw them last week and I said, “Let’s finish our once-around and then come back and buy a bunch.” Well the Farmers Market is worse than Costco. If you see something you want you better get it right then because when you go back it’ll be gone. Sure enough, we went back and not 15 seconds earlier a gentleman (whom I refer to as the garlic thief) bought ALL the garlic curls! I wanted to hunt him down. Well last Sunday we arrived earlier and marched straight to the lady who sells the garlic curls and bought two bunches. It’s sad they’ll only be around another week or two, I love them. Garlic curl pesto seems to be a popular recipe and they’re also good cooked on meats and sautéed with oil and seasoning. Sautéed they’re crunchy. I’m going to see what happens when they’re steamed. They have a mild smell and flavor and they’re smooth to touch.

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Pasado’s Safe Haven

PasadoEach month I feature a different non-profit participating in my Community Partnership Program. When a client hires me to help them sell or buy a property, I donate an amount equal to 10% of my commission to the non-profit of their choice in their name. I’ve established strong relationships with many different non-profits and continue to work diligently spreading the word about this wonderful opportunity. I love supporting non-profits in this way.

Pasado’s Safe Haven is this month’s featured non-profit.

April 15, 2007 was the 15th anniversary of Pasado’s death. Pasado the donkey, the 21-year-old beloved fixture at Kelsey Creek Farm, died after three teenage boys snuck into Pasado’s pasture. They attempted to ride him and when he resisted they began beating him with tree branches the size of clubs. When he fell and could no longer walk they tied a noose around his neck and pulled him up a tree, strangling him to death. Workers at the park discovered him hanging from the tree the next morning. That day Pasado’s Safe Haven was founded.

No one could believe such a thing could happen in Bellevue, Washington. The sprawling, high-tech campus of Microsoft was just five minutes from Kelsey Creek Farm where Pasado died. Bill Gates, its founder, lived only minutes away. Things like this just didn’t happen there.

Compounding the horror was the reality of the penalty the three boys would face: breaking and entering - the choice of the prosecutor because it carried a far greater sentence than beating an animal to death. What our community didn’t know was that Washington State’s anti-cruelty laws hadn’t been updated in over 100 years.

Pasado’s Safe Haven’s work in a nutshell: To promote the welfare and safety of all animals. Click here to visit their website.

As a kid my family moved from the Central District to Kirkland in the early 70s and I lived there until I moved back to Seattle in 1982. People knew where Kelsey Creek Farm was and that Pasado was the old farm donkey. I’m a serious lover of animals. When I heard the newsbreak about Pasado the deliberate cruelty and insanity was unbelievable.

It’s a pleasure to let my clients know that Pasado’s Safe Haven is one of my Community Partners and that their transaction can support the work of this non-profit organization.

You can donate, volunteer, and get involved with the Pasado’s by contacting co-founder Susan Michaels:

Pasado’s Safe Haven
P.O. Box 171
Sultan WA 98294
Phone: 360.793. 9393
Fax: 425.820.1717
Susan@pasadosafehaven.org

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Tumbleweed Tiny House Company

Tumbelweed houseSince 1997 Jay Shafer has been living in houses smaller than some people’s bathrooms. He called the first of his little hand built houses Tumbleweed. Jay’s decision to inhabit just 100 square feet came from some concerns he had about the impact a larger house would have on the environment and because he just did not want to maintain a lot of unused space. In 2004 he sold Tumbleweed and built the 70 square foot structure he lives in today. He calls his new place Weebee or XS House (as in “extra small”) and he is offering all of us several models of small homes that he delivers for a price per mile. If you need more space, you can attach several small modular models together.

Learn more about Jay Shafer and his work at Tumbleweed Tiny House Company.

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What’s New On Seattle Avenue?

Getting married

A lot!

Weddings can be time consuming which is why this newsletter is a double issue. There’s much to share since April.

Let Summer begin! On June 21 I plan to wake up with the sunrise, fill my day with leisure, and at sunset pay homage to Summer with an icy cantaloupe martini. I support you in celebrating Summer in your own way.

My avid readers may remember that I have extended family in New Orleans that were displaced to shelters in various states after Hurricane Katrina. I went to New Orleans in January 2007 to photograph the current state of flooded parishes. What I saw was dreadful. I’ll include an article about it when I return to photograph in 2008.

There is now a civil lawsuit against some St. Bernard Parish officials that you may not know about. Over 30 dogs and cats, pets that people were ordered to leave behind during evacuations, were shot and killed by city officials whose job it is to serve and protect. Necropsies and radiological tests were conducted with the aid of Louisiana State Veterinary Teaching Hospital and the Attorney General’s Office. If your heart is called in this direction you may read more about the current investigations at Pasado’s Safe Haven website. It just so happens that this month my featured Community Partnership is Pasado’s Safe Haven.

And before you skip off to read the articles, did you know that Hostess is bringing back banana filled Twinkies? Do you know the interesting history of the Twinkie? It’s wonderful trivia so click on Twinkie The Kid.

Twinkie the Kid

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Do You Know About Homeowner’s Dues?

Thinking of buying a condo or town home? Seen an ad stating “No Homeowner’s Dues?” Sounds good but BEWARE.

Condos

A condominium is a type of joint ownership where some parts of the property, like the land, lobby, storage areas, parking and hallways are commonly owned and other parts, such as your unit are individually owned. Don’t be fooled. Although it might seem great to hear you do not have to pay dues every month, when there are repairs someone has to pay and that someone is you.

Paying condo dues is actually a good thing. If a condo association is doing a good job, they should be collecting adequate dues to pay for regular maintenance, repairs, building insurance and saving up for big items like a new roof. If the association isn’t collecting dues and managing them well then things like earthquake insurance won’t be in place (because policies are for buildings and not individual units) to help you out when things get shaken up.

You have a right to review the resale certificate prior to making a deal and signing on the dotted line. The resale certificate should tell you what you need to know like the amount of reserves the association has in the bank, upcoming assessments, current homeowner’s fees and the minutes from the last year’s meetings. After reviewing the resale certificate elements you can accept or reject the deal.

Town Homes

“Town Home For Sale, Zero Lot Lines and No Homeowner’s Dues” — if you own a town home, it’s just like owning a house only you share a wall with your neighbor. You own your house and property and your neighbor owns theirs. It all looks like one big property when you drive up to take a look. But, when the deal is done, it can get a little confusing about who cuts the grass, and who sweeps the walks. To make it worse, if after several years you want to paint the building or get a new roof and the owner next to you doesn’t, you could end up painting or roofing only your half. You could even disagree on color and end up with a real zebra because no one is under any obligation to listen to their neighbor when it comes to choosing paint colors or when to cut the grass. The yards look great when you go out house hunting, but the minute the deal is done, you have to cut the grass and make the repairs yourself.

In both cases you have rights up front and can always reject the deal if it’s not the best thing for you in the long run.

Ron J Howard
Homestone Mortgage
Senior Mortgage Banker/Broker
www.ronhowardseattle.com

CELL/DIRECT 206.852.7023
FAX 866.771.0128

EASTLAKE OFFICE
2345 Eastlake Ave E Suite 202 Seattle WA 98102

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Central District Forum for Arts and Ideas

The Central District Forum for Arts and Ideas is a participant in my Community Partnership Program. So when a person who wants to support this non-profit organization hires me to help them sell or buy a property I will donate an amount equal to 10% of my commission to the Central District Forum for Arts and Ideas.

This organization is a true Forum — a public meeting place for open discussion; a medium of open discussion or expression of ideas. The ideas being discussed concern African American culture and community around greater Seattle.

Stephanie Ellis-Smith founded the CD Forum in 1999 and tirelessly acts as Founder and Executive Director.

The CD Forum for Arts and Ideas has a Mission Statement: To present and produce African-American cultural programs that encourage thought and debate for the greater Seattle area. They also have a Vision Statement: To inspire new thoughts and challenge assumptions about African-American culture.

Their programs encourage us to broaden our view of African-American culture.

Their speakers and performers have no limitations or pre-conditions prescribed by race.

Their programs show the uniqueness of African-American culture.

While drawing attention to what makes African-American culture unique, they seek to highlight its integral place within American culture as a whole. The time is ripe to celebrate the diverse talents of African-Americans in all sectors of our society. The Central District Forum for Arts & Ideas enriches the Puget Sound region by creating a progressive institution dedicated to the cultural and intellectual enlightenment of every citizen.

The Central District has been home to Seattle’s African American community for over 100 years. It is the birthplace of many world-renowned artists, including the sculptor James Washington, musicians Quincy Jones and Jimi Hendrix and of Seattle’s famous Jackson Street Jazz scene frequented by Ray Charles, Duke Ellington and Charlie Parker. Since the 1920s, the Central District has been a hub for African-American art and artists. Though its demographics are changing, the neighborhood remains the spiritual and cultural center for many blacks in the Pacific Northwest.

By incorporating this historically and culturally significant neighborhood into the name of their organization, they honor the tradition of black arts in Seattle and reflect their mission to explore and celebrate the ways in which the black experience continues to profoundly shape our collective American culture.

Their programs represent a variety of performing arts, readings, lectures and discussions, and youth programs. At the CD Forum’s website you can get information about what’s going on, purchase tickets to events, and donate to the organization.

One of their extremely popular fundraisers is an event called Food As Art. Seattle has become a foodie mecca. Chefs have become highly-paid celebrities with books, tv shows, tour, and newspaper and magazine columns. So Food As Art has become one of Seattle’s premier fundraisers.

About Food As Art

Food As Art is the 4th annual gala benefiting the Central District Forum for Arts & Ideas. This lavish event features elaborate tasting stations from Seattle’s top African-American Executive Chefs and restaurateurs. It is a unique opportunity to savor cuisine from all over the world made with only the freshest of ingredients and displayed with all the creativity worthy of a work of art.

The Chefs’ tables are arranged and designed in a visually stunning array around the International Promenade at Bell Harbor. There are no assigned seats–sit with friends or meet someone new. If you are coming with a crowd (ten or more) reserved seating is available. Call 206-323-4032 to reserve a table. Each chef will prepare 2-3 entrees or desserts. Visit as many as you can and get a taste of the world at Food as Art!

The proceeds from Food As Art will expand the CD Forum’s capacity to offer inspirational performing arts, readings, lectures and discussions about the black experience in America.

There are three ticket levels:

  • The Main Course: $150 per person (includes unlimited food, drink and revelry PLUS a VIP private reception with the chefs and a souvenir cookbook);
  • The Entrée: $100 per person (includes food, drink and revelry);
  • Dessert: Be sweet and add on an additional $75 to underwrite the ticket of an artist or culinary student to attend Food As Art.

You can donate, volunteer, and get involved with the CD Forum by contacting Stephanie Ellis-Smith.

Stephanie Ellis-Smith, Founder/Executive Director
Central District Forum for Arts & Ideas
P.O.Box 22824
Seattle, WA 98122-0824

Phone: 206.323.4032
Fax: 206.323.4036

E-mail: info@cdforum.org

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