How a greywater system can help Berkeley homeowners

How a greywater system can help Berkeley homeowners

The greywater system at North Berkeley’s EcoHouse has helped bring awareness and acceptance of drought-friendly water-saving options statewide. Credit: Ximena Natera, Berkeleyside/CatchLight

As we collectively hope for more winter rains, it’s a perfect time to think about greywater.

A previous version of this story was first published on Edible East Bay

This is the gently used water from washing machines, bathroom faucets, showers, and bathtubs — but not toilets — that can be captured, filtered and reused. California residents have the option of installing greywater systems in their own homes, thanks in no small part to environmental activists who built an illegal greywater system at Berkeley’s EcoHouse in 2004.

“They went ahead and just put one in,” said Martin Bourque, director of the Ecology Center, which operates the EcoHouse. The model home and garden, created in 1999 by community activists and located on Hopkins Street, is intended to demonstrate accessible, affordable ways of ecological living. It was developed by activists involved in community gardens, including landscape architect Karl Linn and general contractor B. Mano Tondre.

The greywater system consisted of gravel and wetland plants with deep, woven root systems to filter the home’s water and the activists estimated it saved as much as 27,000 gallons per year. But after a greywater workshop was held at the EcoHouse in 2004, city inspectors told the activists that the home was not up to building codes around wastewater contamination.

“We got in a lot of trouble for that,” said Tondre, who went on to cofound DIG Cooperative, Inc., which designs and builds greywater and rainwater systems. “I said, ‘you know what, I’m going to get a permit; I’m going to make good where we failed.’”

In January 2007, after more than a year of back-and-forth between the activists and the city’s building department, the revamped system at EcoHouse became “the first permitted greywater system of its type for small residential homes that we know of in California,” Bourque said.

The process helped pave the way for changes in the plumbing code in 2009 that made it much easier to build simple, low-cost non-potable water systems legally. Santa Barbara had redefined greywater as distinct from blackwater in 1989, and California began legalizing greywater systems in the early 1990s but rules were initially too restrictive to make installing the systems practical.

In his work at DIG Cooperative, Tondre has seen the popularity of greywater increasing in recent years as people invest in their homes to address climate change and drought. A few U.S. cities such as Tucson even mandate builders to include piping for greywater recycling in new homes.

The benefits of greywater extend far beyond the obvious advantages of saving water in drought-prone areas and spending less on water bills. When greywater is reused, it keeps the water out of sewer and septic systems, reducing the strain on those systems and the likelihood of polluting local bodies of water. Today, simple, low-cost greywater systems that don’t require plumbing changes can be installed without a construction permit.

Start with your laundry water

The greywater system collects gently used water from the EcoHouse’s washing machine, showers and sinks. The water is used to irrigate the garden. Credit: Ximena Natera, Berkeleyside/CatchLight

Laura Allen, who led greywater workshops at EcoHouse, went on to become a founding member of Greywater Action, a Bay Area educational collaborative that teaches residents and tradespeople how to reduce household water use.

She encourages people interested in greywater systems to start by figuring out which portion of their landscape they can irrigate with water from their washing machines. This Laundry to Landscape (L2L) method was invented in 2008 by author and ecological systems designer Art Ludwig.

See resources recommended by the Ecology Center for building greywater and rainwater catchment systems

Allen has plenty of practical advice for those who want to install such a system.

“Look at your landscape and start with your biggest plants, the trees; they’re easiest to get the water to,” she says. “Greywater is excellent for fruit trees, shrubs, berries, and other large plants, but shouldn’t be used on edibles if it would directly touch the food part, for example, a carrot.”

In her Alameda home, Ayse Sercan started out in 2008 with a simple L2L system, which draws on water from the outlet hose at the back of the washing machine and doesn’t require a special tank or filter. When Sercan was training as an architect, she says the topic of greywater came up frequently. “We talked about the fact that we waste a lot of water that’s perfectly usable just because it’s a little bit used,” she says. “I wanted to see what the benefits of greywater could be, and I was willing to experiment on my own house.”

As Sercan’s washing machine pumps water out (most pump between seven and 26 gallons per load, according to Consumer Reports), a diverter valve directs the water either down the drain to the sewer system or out to the landscape. For each load of laundry, a resident can decide where they want the water to go, selecting the sewer option if, for example, they’re using bleach in the wash.

Water headed for the garden flows through greywater tubing into underground mulch basins (aka swales) dug near trees or large plants. At Sercan’s home, this includes a thriving array of mulberry, plum, Asian pear, apricot, cherry, and citrus. The mulch basins serve as filters that trap particles of lint or soap as the greywater soaks down around the roots of the plants.

“On the residential level, you have control over what goes down the drain, and that impacts the quality of the water,” says Allen.

Products to avoid sending into the garden include powdered laundry detergent and detergents containing salt, boron, or chlorine bleach. Because greywater contains organic matter, it should be used promptly, not stored or allowed to run out to storm drains, which lead to streams and creeks headed to the San Francisco Bay.

If you want to scale up, think shower and tub

More complex systems can capture greywater from bathtubs, showers, and bathroom sinks in addition to washing machines and guide it to multiple zones within larger gardens.

In 2017, Sercan’s home was replumbed, and she’s currently having Oakland-based cooperative Mariposa Gardening & Design install one of their “living fountain” greywater systems. Unlike a simple L2L system, this design includes a circulating pump that helps the plants and soil filter the water via their naturally occurring bacteria.

“There is no better way to clean water than through plant roots and soil,” says Andrea Hurd, Mariposa’s lead designer and stonemason. “The living fountain also allows you to grow plants that increase the biodiversity in your garden. Because the system is self-contained and there’s always water filtering through it, you can also grow wetland plants. When we’re thinking about drought-tolerant gardening, we eliminate this whole body of plant life that is also good for the planet and for pollinators.”

Unlike untreated greywater, the water filtered through a living fountain has enough impurities removed to run it through a drip irrigation system.

Innovations in systems for larger homes and businesses include the Hydraloop, which looks like a high-tech refrigerator. Developed in the Netherlands, it collects and cleans greywater from multiple sources and moves the disinfected water to toilets for flushing, to washing machines for laundry, and to irrigation or pools. Costs for the basic unit start at about $6,000, not including plumbing, installation and consulting costs.

Paul Mann, CEO of the consulting and design business Water Champions, has installed Hydraloops in Marin and the East Bay.

“Any system that reduces your water use and helps to keep your landscape green and fire resistant is a good investment right now,” says Mann. “As climate change and extreme drought continue to impact our supply and availability of water, we will all need to conserve to make what water we have left go farther.”

Mann was able to reduce his own municipal water consumption by 68{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} by using greywater from laundry, sinks, showers, and tubs, as well as rainwater collected from the roof, a $50 leak-detection device, and a $70 smart irrigation controller.

Let it rain

Berkeley’s EcoHouse stores and uses rainwater through pipelines connected to the roof, as shown in a tour given on Dec. 16, 2022, by the Ecology Center’s Denaya Shorter. Credit: Ximena Natera, Berkeleyside/CatchLight

“Greywater and rainwater belong together,” says Elizabeth Dougherty, whose East Bay nonprofit, Wholly H2O, gets people out into watersheds and uses citizen science, art and education to build motivation for responsible water use.

“It’s not just reusing water, but how much water you use,” says Dougherty. Shorter showers, less flushing of toilets, and mindfulness at the kitchen sink are all easy ways to cut back. “I’m thinking about my ecosystem neighbors and other living creatures every time I turn on my tap in Oakland,” she says.

A lot of rain isn’t a requirement for collecting substantial amounts of rainwater. One inch of rainfall on a 1,000-square-foot roof can yield 600 gallons, which runs from downspouts or pipes into barrels, cisterns, or other rainwater tanks. These containers should be dark to help prevent algae from growing and covered by a screen to keep leaves and bugs out. Rainwater vessels can range from small barrels to huge tanks storing thousands of gallons.

A variation is the rain garden, where sunken beds might host native and drought-tolerant plants. The beds take advantage of gravity as they capture runoff from hard surfaces like roofs, driveways, or streets. A rain garden reduces the pollutants that would otherwise run into storm drains, lakes, and streams while also adding greenery without requiring irrigation. During large storms, a rain garden helps reduce flooding and erosion.

Cost, savings and rules

For people who like DIY projects, the cost of supplies for a basic L2L system is as little as $200–$400. Laura Allen recommends hiring a professional installer rather than buying a ready-made kit since each system should be customized to the particular setting. Professional installation might run $1,000–$2,000, depending on the size and setup of your home and garden.

According to the East Bay Municipal Utility District (EBMUD), an L2L system saves about 3,600 gallons a year if you have a water-efficient clothes washer and up to 11,200 gallons a year if you have an older top loader. In addition, some rebates are available: For example, EBMUD offers $50 for the purchase of a three-way diverter valve.

Given the grim realities of drought and climate change, perhaps your moment to “go grey” has arrived. “This is a great time for people who haven’t yet tapped into greywater to look at it and see if it works for them,” says Allen. “Droughts can be a good opportunity to shift how we’re doing things with our homes and landscapes to be more sustainable in the long run.”

Rachel Trachten writes about social justice, education, business, food and the environment. A version of this story was first published by Edible East Bay, which permitted the story to be republished out of belief in its great value to the community.

MV Realty sued: Pennsylvania Attorney General Josh Shapiro says real estate company is misleading homeowners

MV Realty sued: Pennsylvania Attorney General Josh Shapiro says real estate company is misleading homeowners

PHILADELPHIA (WPVI) — The Pennsylvania attorney general has sued a real estate company, accusing the firm of misleading homeowners.

Attorney General Josh Shapiro on Wednesday announced the lawsuit against MV Realty, which was the focus of an Action News Investigation.

In its suit, Shapiro calls the company’s Homeowner Benefit Agreement a scam that exploits Pennsylvanians.

The MV Realty Homeowner Benefit Agreement gives homeowners a few hundred dollars upfront and, in return, the homeowners give exclusive rights to the company for the opportunity to sell a property for up to 40 years.

MV gets a 3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} commission on the home’s value when it sells or transfers to a loved one or heir.

The actions of MV Realty were also the subject of a Philadelphia City Council investigative hearing.

“I said, ‘what am I signing for?’ And they said, ‘you’re signing papers in order to receive the check for $365,'” said homeowner Rodney Thomas, who testified at the hearing.

Action News Investigation: Real estate company accused of deceptive practices

Thomas, who like other people who have talked to our investigative team, said he had no idea a mortgage lien was placed on his property to secure MV realty’s listing rights.

Others also said they were unaware of the 40-year term despite both key issues stated in their signed Homeowner Benefit Agreements.

“I read that contract from beginning to end and I never saw nothing about a 40-year contract,” said homeowner Felicia Pierce.

The Action News investigation, which was played at council hearings, found MV Realty placed more than 500 mortgage liens on Philadelphia properties, with most in minority neighborhoods.

“I think it is around 69{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of the incidents that have happened in the city of Philadelphia and other places are clearly targeting communities of color,” said Council President Darrell Clarke.

Shapiro called the practices deceptive and asked the company to pay restitution, strike all mortgages and refrain from entering into the agreements.

Kerry Smith, an attorney for the non-profit Community Legal Services, is helping those impacted.

“Our clients are telling us they feel deceived,” she said.

MV Realty denies targeting minorities and says its practices are not deceptive and all terms are clearly spelled out to customers.

MV Realty Statement on Pennsylvania Attorney General Filing

“MV Realty has helped more than 30,000 satisfied clients nationwide through our Homeowner Benefit Agreement (HBA) by providing our clients up to $5,000 that can be used to pay their mortgage, utility bills or improve their financial standing. In return, we only ask to be their realtor if they sell their home during the term of our agreement

“We are proud that our team in Pennsylvania consists of local, licensed real estate agents. And when our realtors explain HBAs to clients, they always work in a transparent dialogue to ensure that each client understands the terms of the agreement.

“New and innovative business models, like the HBA, can transform established industries and can sometimes draw questions from critics or outright hostility from those whose existing business model is threatened. However, to suggest that MV Realty has engaged in unfair or deceptive practices is simply false.

“After a full airing of the facts, we are confident that the conclusion will be that MV Realty’s business transactions are in full compliance with Pennsylvania law. As this process moves forward, we remain fully committed to working with Pennsylvania policymakers, including the Attorney General, to discuss appropriate regulations and oversight for the new and emerging business.”

– MV Realty spokesperson

Regarding Philadelphia’s City Council Hearing:

“New business models that bring innovations to any longtime industry, like the real estate establishment, can sometimes draw questions from critics. We are happy to address them. That’s why it’s both surprising and disappointing that the City Council has never reached out for information about our company, to notify us that this hearing was taking place Wednesday or to ask us to participate.

“For anyone to suggest that MV Realty has engaged in unfair practices is simply false. We look forward to an airing of all the facts and, as always, MV Realty remains committed to full transparency in all of our business transactions. We also look forward to working with policymaker to ensure that our HBAs continue to benefit home buyers and home sellers in meaningful ways.”

Copyright © 2022 WPVI-TV. All Rights Reserved.

6 reasons why senior homeowners should consider a personal loan for home improvements

6 reasons why senior homeowners should consider a personal loan for home improvements

A home improvement personal loan can be a good way for seniors to finance home repair or remodeling projects at a low, fixed interest rate. (Shutterstock)

Aging houses need regular maintenance and improvement — to keep you safe, to make your home more comfortable to live in, and to preserve the value of your investment. If you don’t like the idea of risking your home equity in your senior years, a home improvement loan can be a good option for financing your project. 

Here’s how a home improvement loan works and why you might choose one to finance home renovations or repairs.

What’s a home improvement loan and how does it work?

A home improvement loan is a type of personal loan that you can use to pay for repair, renovation or remodeling projects. 

Home improvement loans are generally unsecured, meaning you don’t pledge any of your property as collateral when you take out the loan. Instead, the amount you can borrow and the interest rate you pay are based on your credit history, debt-to-income ratio and other factors. 

Visit Credible to see your prequalified personal loan rates from various lenders, all in one place.

Home improvement loan vs. home equity loan

Home improvement loans are distinct from other types of loans you may use to fix up your home, such as a home equity loan, home equity line of credit or cash-out refinance. With these loan options, the amount you can borrow is based on how much equity you have in your home – the difference between how much you owe on your mortgage and how much the home is worth.

  • Home equity loan — A home equity loan is secured by your property. You’ll typically borrow a home equity loan as a lump sum and pay it back at a fixed rate over a period of time.
  • Home equity line of credit (HELOC) — A HELOC is also secured by your property, but it works more like a credit card. You can borrow against your line of credit as needed during a set period of time, known as the draw period.
  • Cash-out refinance — With a cash-out refinance, you take out a new mortgage for a higher amount than you currently owe. Your new mortgage pays off and replaces the one you currently have, and the difference in the two amounts come to you as cash that you can use for any purpose, including fixing up your home.

WHAT IS A HOME EQUITY LOAN AND HOW DOES IT WORK?

6 reasons for seniors to choose a home improvement loan

Depending on your financial circumstances, a home improvement loan can be an excellent choice for seniors looking to finance home repairs or remodeling projects. Here are six reasons why a home improvement loan may be the best option for you:

  1. You can preserve your home equity. You’ve worked hard to build up the equity in your home. But when you use a home equity loan, you eat into that equity, meaning you’ll make less if you need to sell the home. You’ll also have less equity available if you need to borrow again in the future. Home improvement loans preserve your equity for when you really need it.
  2. You don’t risk losing your home. Since home improvement loans are unsecured, you don’t risk losing your home to foreclosure if you fail to make your payments.
  3. You can get a lower interest rate than a credit card. Credit cards have significantly higher interest rates than home improvement loans. If you wouldn’t be able to pay off your home project by the time your credit card balance is due, a home improvement loan can help you save money in interest payments.
  4. Your loan can be funded quickly. Most home improvement lenders allow you to apply online in just a few minutes and get a decision nearly instantaneously. Some types of home equity loans require an appraisal and closing costs, and can take 30 days or more to close.
  5. Your monthly payment won’t change. Most home improvement loans have fixed interest rates, so you’ll know exactly what your monthly payment will be for as long as you have the loan. This amount won’t change, no matter what happens to interest rates in the market.
  6. You won’t have prepayment penalties. Most home improvement loans don’t include prepayment penalties, so you can pay off your loan as quickly as you’d like.

Credible makes it easy to compare personal loan rates from various lenders, and it won’t affect your credit.

Where to get a home improvement loan

To find a home improvement loan, look for a personal loan lender. Many personal loan lenders market their products specifically for paying for home improvement projects. 

The following 12 Credible partner lenders offer home improvement loans:

Avant

  • Loan amounts: $2,000 to $35,000
  • Loan terms: 2 to 5 years

Axos

  • Loan amounts: $10,000 to $50,000
  • Loan terms: 3 to 6 years

Best Egg

  • Loan amounts: $2,000 to $50,000
  • Loan terms: 2 to 5 years

Discover

  • Loan amounts: $2,500 to $35,000
  • Loan terms: 3 to 7 years

Marcus by Goldman Sachs

  • Loan amounts: $3,500 to $40,000
  • Loan terms: 3 to 6 years

OneMain Financial

  • Loan amounts: $1,500 to $20,000
  • Loan terms: 2 to 5 years

PenFed

  • Loan amounts: $600 to $50,000
  • Loan terms: 1 to 5 years

Prosper

  • Loan amounts: $2,000 to $40,000
  • Loan terms: 3 or 5 years

SoFi

  • Loan amounts: $5,000 to $100,000
  • Loan terms: 2 to 7 years

Universal Credit

  • Loan amounts: $1,000 to $50,000
  • Loan terms: 3 to 5 years

Upgrade

  • Loan amounts: $1,000 to $50,000
  • Loan terms: 2 to 6 years

Upstart

  • Loan amounts: $1,000 to $50,000
  • Loan terms: 3 to 5 years

How to get a home improvement loan

If you’re ready to get a home improvement loan to pay for your project, follow these five steps to help make sure you get the best deal:

  1. Check your credit. Home improvement loan decisions are based primarily on your credit history. You can request free copies of your credit reports from the three major credit bureaus using a site like AnnualCreditReport.com. Look carefully through the reports and make sure there are no errors, like incorrect balances or accounts listed as past due that are actually current. If you do find a mistake, you can dispute the information with the credit bureau and have it corrected.
  2. Get prequalified for a loan. Most personal loan lenders allow you to get prequalified with a simple online form. This will let you know how much you’re likely to be able to borrow, and at what interest rate. You can apply with several different lenders to see the rates and terms you may be offered.
  3. Select the best loan. With loan offers in hand, select the one that works best for you. The best home improvement loans have the lowest interest rate and lowest (or no) fees.
  4. Fill out a full loan application. Once you’ve picked the lender you’d like to borrow from, you’ll complete a full application. Your lender will let you know if you need to provide any additional information, such as documentation of your income.
  5. Receive your money. Most personal loan lenders will deposit your loan funds directly into your bank account within a few days. Once you get the money, you can start hiring contractors and completing your home improvement project.

If you’re ready to apply for a personal loan to make home improvements, Credible lets you quickly and easily compare personal loan rates to find one that suits your needs.

Homeowners lose wealth as rising interest rates weigh on home values

Homeowners lose wealth as rising interest rates weigh on home values

A “For Sale” sign outside a home in Albany, California, on Tuesday, May perhaps 31, 2022.

David Paul Morris | Bloomberg | Getty Visuals

Some householders are dropping wealth as significant property finance loan prices weigh on property values, at least on paper, as the once pink-sizzling housing sector cools promptly.

Revenue have been slowing down for numerous months, with house loan costs now double what they ended up at the start of this 12 months.

House charges, similarly, dropped .77{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} from June to July, according to a recent report from Black Knight, a computer software, details and analytics corporation. Although that may perhaps not sound like a ton, it was the major regular monthly drop because January 2011 and the very first regular monthly fall of any dimensions in 32 months.

Housing market slows as mortgage rates hit 6.25{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}

“Yearly dwelling rate appreciation even now arrived in at about 14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, but in a sector characterized by as much volatility and quick improve as present day, this sort of backward-on the lookout metrics can be deceptive as they can mask far more existing, pressing realities,” wrote Ben Graboske, president of Black Knight Knowledge & Analytics.

Around 85{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of major marketplaces have noticed selling prices come off peaks by means of July, with just one-third coming down a lot more than 1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} and about 1 in 10 falling by 4{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} or far more. As a final result, soon after gaining trillions of bucks in property equity collectively through the to start with two several years of the Covid pandemic, some house owners are now shedding fairness.

So-identified as tappable fairness, which Black Knight defines as the sum a homeowner can borrow versus even though trying to keep a 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} equity stake in the assets, strike its 10th consecutive quarterly document high in the second quarter of this yr at $11.5 trillion. But data suggests it may well have peaked in May possibly.

Declining house values in June and July introduced the complete quantity of tappable equity down 5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, and offered the weakening in the housing market considering the fact that then, the third quarter of this calendar year will demonstrate a a lot more sizeable decrease.

“Some of the nation’s most equity-rich markets have viewed considerable pullbacks, most notably amid vital West Coast metros,” pointed out Graboske.

From April by way of July, San Jose, California, shed 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of its tappable equity, followed by Seattle (-18{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}), San Diego (-14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}), San Francisco (-14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}) and Los Angeles (-10{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}).

House owners are nonetheless considerably a lot more flush than they have been the previous time the housing industry went by way of a big correction. All through the subprime mortgage crash, which began in 2007, and the subsequent Excellent Recession, dwelling values plummeted by virtually half in some significant marketplaces. Hundreds of thousands of debtors went underwater on their mortgages, owing a lot more than their households have been worthy of.

That is not the scenario right now. Latest debtors, on normal, owe just 42{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of their home’s value on the two first and 2nd home loans. It is the most affordable leverage on record. Shedding some value on paper should not impact all those entrepreneurs at all.

There are, nonetheless, about 275,000 debtors who would tumble underwater if their households ended up to get rid of 5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of their current benefit. A lot more than 80{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of all those borrowers acquired their properties in the 1st six months of this calendar year, which was the top of the market.

Even with a common 15{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} drop in charges, destructive equity costs would continue to be nowhere close to the concentrations noticed throughout the monetary crisis, according to the report.

Homeowners in these states take out the highest rate of home improvement loans

Homeowners in these states take out the highest rate of home improvement loans


Canva

Homeowners in these states take out the highest rate of home improvement loans

Two men working to remodel a home’s walls

The number of home improvement projects grew in the United States during COVID-19, as people stayed at home more often and needed additional space, according to Harvard’s Joint Center for Housing Studies. In fact, Americans spent $367 billion on home improvement projects in 2021.

Building out a new home office, replacing the roof, upgrading plumbing, or creating a backyard oasis can take substantial funds, so many Americans turn to home improvement loans to help them finance their projects.

A home improvement loan is money secured from a lender to be used for repairing, remodeling, or improving personal property. It’s different from a home equity loan in that it isn’t based on how much value a homeowner has built up in their house. Home improvement loans aren’t tied to the equity of a house, so interest rates are generally higher than on a home equity loan, and homeowners usually pay them off in five years or less.

This gives newer homeowners—and those who haven’t paid off much of their mortgage—the opportunity to borrow money to tackle remodeling projects. Home improvement loans also tend to be approved more quickly, so homeowners with a big emergency repair can leverage this type of loan to get the job done.

Home improvement loans have been a vital financial tool during this boom in home renovation. More than 1 million home improvement loans were taken out across the country in 2021, totaling $131 billion in borrowing.

Portland Real Estate analyzed loan origination data from the Consumer Financial Protection Bureau to see which states had homeowners who took out the highest rate of home improvement loans in 2021, the latest information available. The share was determined by dividing the number of owner-occupied houses in each state by the number of home improvement loans originated. The average loan amount was calculated by dividing the total dollar amount of home improvement loans taken out in each state by the number of loans taken out.



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#15. New Jersey

A neighborhood in New Jersey

– Number of loans: 32,745
– Portion of houses with loans: 1.0{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $4.44 billion
– Average loan amount: $135,664



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#14. Vermont

A neighborhood in Vermont

– Number of loans: 2,687
– Portion of houses with loans: 1.02{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $286.9 million
– Average loan amount: $106,764



Denise Kappa // Shutterstock

#13. Ohio

A house in a suburban neighborhood of Cleveland, Ohio

– Number of loans: 48,502
– Portion of houses with loans: 1.03{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $4.0 billion
– Average loan amount: $82,464



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#12. Florida

Neighborhoods in Florida

– Number of loans: 82,289
– Portion of houses with loans: 1.04{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $10.02 billion
– Average loan amount: $121,751



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#11. Pennsylvania

A neighborhood in Pennsylvania

– Number of loans: 60,798
– Portion of houses with loans: 1.19{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $5.52 billion
– Average loan amount: $90,860



Felix Mizioznikov // Shutterstock

#10. Delaware

A residential upscale homes in Brookside, Delaware, as seen from an aerial view

– Number of loans: 4,528
– Portion of houses with loans: 1.22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $434.8 million
– Average loan amount: $96,020



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#9. Arizona

A suburban housing development in Scottsdale, Arizona

– Number of loans: 33,798
– Portion of houses with loans: 1.28{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $4.39 billion
– Average loan amount: $129,895



d murk photographs // Shutterstock

#8. Massachusetts

A residential neighborhood in Massachusetts

– Number of loans: 33,986
– Portion of houses with loans: 1.28{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $5.32 billion
– Average loan amount: $156,645



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#7. Oregon

A home in Portland, Oregon

– Number of loans: 21,394
– Portion of houses with loans: 1.30{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $2.74 billion
– Average loan amount: $128,013



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#6. Washington

An aerial view of neighborhood in Seattle, Washington

– Number of loans: 39,108
– Portion of houses with loans: 1.35{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $5.45 billion
– Average loan amount: $139,358



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#5. New Hampshire

A neighborhood in Portsmouth, New Hampshire

– Number of loans: 7,419
– Portion of houses with loans: 1.38{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $856.1 million
– Average loan amount: $115,387



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#4. Colorado

Residential neighborhood in Colorado during autumn

– Number of loans: 31,069
– Portion of houses with loans: 1.45{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $4.16 billion
– Average loan amount: $133,884



Jon Bilous // Shutterstock

#3. Rhode Island

A home in Providence, Rhode Island

– Number of loans: 6,518
– Portion of houses with loans: 1.57{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $707.7 million
– Average loan amount: $108,582



Charles Knowles // Shutterstock

#2. Idaho

An Idaho subdivision as viewed from above

– Number of loans: 14,160
– Portion of houses with loans: 2.18{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $1.88 billion
– Average loan amount: $132,540



Jason Finn // Shutterstock

#1. Utah

Homes in Highland, Utah, in a premium neighborhood with mountain and sky views

– Number of loans: 25,227
– Portion of houses with loans: 2.51{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}
– Total amount loaned: $2.97 billion
– Average loan amount: $117,877

This story originally appeared on Portland Real Estate and was produced and
distributed in partnership with Stacker Studio.


What Homeowners Want in Their Kitchen Remodels

What Homeowners Want in Their Kitchen Remodels

We have all been there, seeing a renovation exhibit when the hosts confront a structure they declare dated or useless. And we seem all over to see that specific aspect in our freshly transformed kitchen (or on our renovation Pinterest board). So what are we normal home owners to do with our out-of-style decor dreams?

Pursuing a professional’s tips for HVAC repairs or pool installation is one thing. But when you are carrying out a kitchen rehab, observe your bliss.

Confident, we all want to be in style—and redoing a cooking house with resale price in intellect is essential, too—but that doesn’t signify you must compromise on acquiring the kitchen area of your goals.

Do you want to see in detail the difference in between what common folks want in a kitchen and what some execs say is passé? Here’s what house owners even now adore in a kitchen, regardless of whether it’s in vogue or not.

1. Granite and butcher block counters

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The truth is, occasionally there is a disconnect among what structure specialists say is trending and how property owners are renovating their kitchens.

For occasion, Debra Kling of the eponymous coloration consultancy claims granite should really be retired “unless the a person you have chosen is a useless ringer for marble.”

Instead, she suggests investing butcher block counters for “rift white oak or walnut slabs.” And that appears absolutely beautiful.

But granite, we just simply cannot give up you! The speckled material regularly will make the best 10 listing of appealing capabilities amongst builders.

Ditto for butcher block, a heat and inviting wood tone that signals “chef’s kitchen” just about every time. Granite has been heading sturdy since the ’90s when it changed Formica counters. Even marble and quartz just can’t seem to be to capture up.

2. White kitchens

Photo by Meek’s Lumber & Components 

So several of the 2022 Colours of the Calendar year from the paint companies are just about every shade of green, which includes Olive Sprig (PPG), Evergreen Fog (Sherwin-Williams), and Oct Mist (Benjamin Moore). And still, inexperienced kitchens are not seriously catching on.

In truth, white is all right—and it carries on to be the go-to paint colour for cabinets, counters, walls, and more. The rationale? White kitchens glimpse thoroughly clean and arranged. And they offer you a vibrant glow, whether you have plain overhead lights or a lender of sliding glass doors.

“White kitchens are a neutral color,” claims Andra DelMonico, lead designer at Trendey. “So it’s a blank canvas for adding colorful decor, and this look can make promoting simpler and won’t detract from a home’s price.”

3. Gray shades

Photo by Paper Moon Painting 

Not a admirer of white? Gray tones are also even now heading robust in kitchen area remodels. (All over again, sorry, eco-friendly!) This stylish, moody shade hides dust and appears stylish in loft-model residences and standard settings.

“Gray is still 1 of the most well-known shade possibilities,” says Kathy Stracke, proprietor of 5 Star Portray in Wilmington, DE.

But Kling nonetheless laments this shade in no unsure terms: “Enough gray—too a great deal grey! As a wall colour, it’s depressing, so change to a heat white in its place if you are a conformist at coronary heart.”

4. Open kitchens

Photo by Clare Gaskin Interiors

For a hot moment, open up kitchens and excellent rooms ended up likely by the wayside in favor of distinct locations to independent throughout the COVID-19 pandemic. (And at times, hunting at someone’s meatloaf prep and a bunch of filthy dishes is not excellent.)

Nonetheless, hordes of property owners snatched this thought from the dustbin and propped it again up. And some pros even praise open up kitchens as much more sensible.

“Have you tried using executing a early morning regime of breakfast and coffee in a cramped kitchen area with various folks?” asks DelMonico. “One time like this, and you are going to quickly understand why property owners insist on the open up-prepare choice.”

And if you are the primary cook at your house, you never want to be trapped guiding a wall toiling while anyone else watches playoff hockey. So open kitchens seem to be listed here to keep!

5. Stainless-steel appliances

Photograph by Venegas and Company 

Some execs say stainless metal is out, and matte appliances are in.

But stainless steel is timeless, say many homeowners who are keen to renovate. Guaranteed it is dear and demonstrates every single single smudge and fingerprint. Nevertheless tons of people search previous these drawbacks and nevertheless want stainless appliances in their residences.

Kling is however a stainless-steel enthusiast but gives an option.

“Black ovens, specifically when accented with antique brass or polished nickel knobs and particulars, will enjoy a likewise prolonged moment,” she adds.

6. Tile backsplash

Image by Hive Dwelling 

Trendy backsplashes like wood or chalkboard paint search good on Tv set. Kling votes for “integrated stone backsplashes, which meld with countertops to simplify and increase a modern-day room.”

But for several house owners, tile tops glass, brick, and stone every time, irrespective of whether you’re sticking with the vintage subway appear or a far more daring Moorish style.

Some house experts would say that nothing goes out of style when putting in a backsplash. Yup, the world is your oyster in this office, so come to feel totally free to match this location to your room’s colour scheme or go in the reverse route in phrases of hue or texture.