How New Shutters Cost Me $20K

Everyone knows the children’s book “Give a Mouse a Cookie”. One cookie leads to a glass of milk which leads to a mirror to look at his milk mustache, then needs a pair of scissors to give his ‘stache a trim….

It’s the same thing when you own a house.

We had four shutters, two of which looked a little ratty. Will decided to replace them with a fresh pair, and even painted the old ones so they’d match.

Of course, the new shutters were a bit too narrow, so you could see the mark on the side of the house where the old shutters sat. So we borrowed a power washer to clean the old shutter stains.

The power washer only revealed that the 1960′s aluminum siding on our white house was looking more aluminum than white. So after much bean counting and bid-collecting, we decided to reside the house. Now my house looks like a disaster area, and I haven’t been able to park in my garage in two weeks.

The siding is looking great. Which makes the paint look ratty.

So we’re repainting.

Which made us go around the house with the painter, where we saw that the screened porch needed some work, and the old indoor-outdoor carpet that was installed when the aluminum siding was put on needed to go.

More bids with tile guys, more bean-counting (although the bean pile was getting mighty low), and savvy tile selection, we’re set to retile and repaint the screened porch.

That would only make the deck look worn. So we power-washed the deck and are repainting that as well. The bean pile is gone, so Will is going to tackle that project himself.

So, we started out replacing two shutters and end up completing renovating the exterior of our house. It will look fantastic when we’re done, but it will make us a little leery of starting the next “small project.”

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Nine Things Successful People Do Differently – A Worthy Repost

I don’t usually like to repost other people’s blogs, although I am an avid blog reader, but I thought this one deserved to be an exception to the rule.

I’m always looking for ways to be better selling real estate, to be a better parent and friend. This post from Heidi Halvorson pinched from the Harvard Business Review offers some great suggestions that I’ve already incorporated into my life. Hope you find some helpful as well.

No I’m going to get myself some grit.

Nine Things Successful People Do Differently
8:58 AM Friday February 25, 2011
by Heidi Grant Halvorson

Why have you been so successful in reaching some of your goals, but not others? If you aren’t sure, you are far from alone in your confusion. It turns out that even brilliant, highly accomplished people are pretty lousy when it comes to understanding why they succeed or fail. The intuitive answer — that you are born predisposed to certain talents and lacking in others — is really just one small piece of the puzzle. In fact, decades of research on achievement suggests that successful people reach their goals not simply because of who they are, but more often because of what they do.

1. Get specific. When you set yourself a goal, try to be as specific as possible. “Lose 5 pounds” is a better goal than “lose some weight,” because it gives you a clear idea of what success looks like. Knowing exactly what you want to achieve keeps you motivated until you get there. Also, think about the specific actions that need to be taken to reach your goal. Just promising you’ll “eat less” or “sleep more” is too vague — be clear and precise. “I’ll be in bed by 10pm on weeknights” leaves no room for doubt about what you need to do, and whether or not you’ve actually done it.

2. Seize the moment to act on your goals. Given how busy most of us are, and how many goals we are juggling at once, it’s not surprising that we routinely miss opportunities to act on a goal because we simply fail to notice them. Did you really have no time to work out today? No chance at any point to return that phone call? Achieving your goal means grabbing hold of these opportunities before they slip through your fingers.

To seize the moment, decide when and where you will take each action you want to take, in advance. Again, be as specific as possible (e.g., “If it’s Monday, Wednesday, or Friday, I’ll work out for 30 minutes before work.”) Studies show that this kind of planning will help your brain to detect and seize the opportunity when it arises, increasing your chances of success by roughly 300%.

3. Know exactly how far you have left to go. Achieving any goal also requires honest and regular monitoring of your progress — if not by others, then by you yourself. If you don’t know how well you are doing, you can’t adjust your behavior or your strategies accordingly. Check your progress frequently — weekly, or even daily, depending on the goal.

4. Be a realistic optimist. When you are setting a goal, by all means engage in lots of positive thinking about how likely you are to achieve it. Believing in your ability to succeed is enormously helpful for creating and sustaining your motivation. But whatever you do, don’t underestimate how difficult it will be to reach your goal. Most goals worth achieving require time, planning, effort, and persistence. Studies show that thinking things will come to you easily and effortlessly leaves you ill-prepared for the journey ahead, and significantly increases the odds of failure.

5. Focus on getting better, rather than being good. Believing you have the ability to reach your goals is important, but so is believing you can get the ability. Many of us believe that our intelligence, our personality, and our physical aptitudes are fixed — that no matter what we do, we won’t improve. As a result, we focus on goals that are all about proving ourselves, rather than developing and acquiring new skills.

Fortunately, decades of research suggest that the belief in fixed ability is completely wrong — abilities of all kinds are profoundly malleable. Embracing the fact that you can change will allow you to make better choices, and reach your fullest potential. People whose goals are about getting better, rather than being good, take difficulty in stride, and appreciate the journey as much as the destination.

6. Have grit. Grit is a willingness to commit to long-term goals, and to persist in the face of difficulty. Studies show that gritty people obtain more education in their lifetime, and earn higher college GPAs. Grit predicts which cadets will stick out their first grueling year at West Point. In fact, grit even predicts which round contestants will make it to at the Scripps National Spelling Bee.

The good news is, if you aren’t particularly gritty now, there is something you can do about it. People who lack grit more often than not believe that they just don’t have the innate abilities successful people have. If that describes your own thinking …. well, there’s no way to put this nicely: you are wrong. As I mentioned earlier, effort, planning, persistence, and good strategies are what it really takes to succeed. Embracing this knowledge will not only help you see yourself and your goals more accurately, but also do wonders for your grit.

7. Build your willpower muscle. Your self-control “muscle” is just like the other muscles in your body — when it doesn’t get much exercise, it becomes weaker over time. But when you give it regular workouts by putting it to good use, it will grow stronger and stronger, and better able to help you successfully reach your goals.

To build willpower, take on a challenge that requires you to do something you’d honestly rather not do. Give up high-fat snacks, do 100 sit-ups a day, stand up straight when you catch yourself slouching, try to learn a new skill. When you find yourself wanting to give in, give up, or just not bother — don’t. Start with just one activity, and make a plan for how you will deal with troubles when they occur (“If I have a craving for a snack, I will eat one piece of fresh or three pieces of dried fruit.”) It will be hard in the beginning, but it will get easier, and that’s the whole point. As your strength grows, you can take on more challenges and step-up your self-control workout.

8. Don’t tempt fate. No matter how strong your willpower muscle becomes, it’s important to always respect the fact that it is limited, and if you overtax it you will temporarily run out of steam. Don’t try to take on two challenging tasks at once, if you can help it (like quitting smoking and dieting at the same time). And don’t put yourself in harm’s way — many people are overly-confident in their ability to resist temptation, and as a result they put themselves in situations where temptations abound. Successful people know not to make reaching a goal harder than it already is.

9. Focus on what you will do, not what you won’t do. Do you want to successfully lose weight, quit smoking, or put a lid on your bad temper? Then plan how you will replace bad habits with good ones, rather than focusing only on the bad habits themselves. Research on thought suppression (e.g., “Don’t think about white bears!”) has shown that trying to avoid a thought makes it even more active in your mind. The same holds true when it comes to behavior — by trying not to engage in a bad habit, our habits get strengthened rather than broken.
If you want change your ways, ask yourself, What will I do instead? For example, if you are trying to gain control of your temper and stop flying off the handle, you might make a plan like “If I am starting to feel angry, then I will take three deep breaths to calm down.” By using deep breathing as a replacement for giving in to your anger, your bad habit will get worn away over time until it disappears completely.

It is my hope that, after reading about the nine things successful people do differently, you have gained some insight into all the things you have been doing right all along. Even more important, I hope are able to identify the mistakes that have derailed you, and use that knowledge to your advantage from now on. Remember, you don’t need to become a different person to become a more successful one. It’s never what you are, but what you do.

Heidi Grant Halvorson, Ph.D. is a motivational psychologist, and author of the new book Succeed: How We Can Reach Our Goals (Hudson Street Press, 2011). She is also an expert blogger on motivation and leadership for Fast Company and Psychology Today. Her personal blog, The Science of Success, can be found at www.heidigranthalvorson.com. Follow her on Twitter @hghalvorson

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What Is The Hardest Working Room in Your House?

Nine out of ten people will tell you it’s their mudroom. Especially now that the snow has melted, we’re getting into mud season in a big way.

It used to be that you just needed a place to hang your coat, and perhaps take off your shoes. But today’s mudrooms have evolved into so much more.

It’s a place to store sports equipment - I’ve tripped over more than my fair share of giant hockey bags in various mudrooms.

This Room Sees More Sports than the United Center

It’s a place to get your kids organized – A lot of parents use their mudroom to make sure Johnny has his backpack packed and ready to go, lunch is on the shelf and all he has to do it grab it on the way out the door.

Everything's Ready To Grab On The Way Out The Door

It’s a place for Fido to hang out – Half doors, dog showers, dedicated pet spaces are the biggest rage in mudrooms these days. I wish I had a place to wash Teddy down after a walk through the forest preserve. Good thing he’s small enough to put in the laundry sink!

Everyone Needs a Mudroom


So Cozy!


My Dogs Would Have A Better Shower Than I Do!

It’s a place to do your laundry – It may be counter-intuitive to have your CLEAN laundry in your MUD room, but it’s convenient, especially if you want to throw in a load before you head out the door.

Not Very Practical, But So Pretty!

It’s a place to communicate - Bulletin Boards, Chalk Boards, Message Centers. If you want to get someone’s attention, this is the place to do it.

Don't Forget The Milk!

The possibilities are endless. No longer will a coat closet do. I’ve had clients who have moved just to get a bigger mudroom. Can’t say I blame them!

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How Does a 14.75% Mortgage Rate Sound?

There’s a lot of talk about mortgage rates these days, and with rates predicted to go up to the 6% range by the end of the year, that means a lot – to the bottom line.

But a lot of home buyers and sellers have only known days of single digit mortgage rates. Even those that lived through it tend to have short memories, and are incensed by the idea of a 5.5% rate. But let’s go back in the Way Back Machine:

The Way Back Machine

In July of 1984, the interest rate for a 30-year fixed mortgage was 14.75%. Seriously, almost 10% higher than today’s current rates. Although we may not see 4.25% anytime again soon, in 1984 the idea of even a 10% rate was unthinkable.

The mortgage market is volatile thing that has great impact on your buying power or selling price. As always, the important message here is it’s not the final price that counts, it’s the final cost. And although we won’t see 14.75% again (God willing) rates are headed up. So if you’re thinking of buying, time to get moving. Waiting could cost you!

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What Harm Can One Little Percent Do?

Mortgage rates are rising. Or rather, they’re creeping. Up a quarter point here and there, back an eighth, up another quarter. In October of 2010, the rate for a 30 year fixed mortgage was 4.64%. Last week it was 5.12%. Doesn’t seem like a lot, does it?

Don’t let the little numbers fool you. It means a lot. A lot of money.

Here’s a fantastic chart from the KCM Crew, which illustrates the impact of mortgage rates on your monthly payment.

Impact of Rates on Monthly Payment

When the rate rises from 4.5% to 5.5%, the PURCHASING POWER of a buyer drops by 10%.

10%. The chart shows a $400,000 purchase. But on a typical North Shore Purchase, more in the $1,000,000 range, that one tiny percent raise takes a $1M buyer and turns them into a $900K buyer. And if you’re a seller, that 10% gets you where you live. Literally.

Rates are still competitive today. Get in while the getting’s good!

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Rising Mortgage Rates Have Buyers Moving

The steady rise of mortgage rates, with more increases on the horizon, have home buyers taking action. With the realization that for each 1% increase in mortgage rates it equals a 10% increase in price, buyers are realizing that they need to look at the COST of the transaction, rather than just waiting for prices to fall.

Mortgage Rates Keep Creeping Up

According to the Mortgage Bankers Association, applications rose 13.2% from a week ago. Rates did slip a bit last week, falling to 5.0% from 5.12% for a 30-year fixed-rate mortgage. But many industry insiders are looking at a 6% rate by the end of the year.

How much does a jump from 5% to 6% mean? Check out my post tomorrow and you’ll be surprised!

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Case-Shiller: double dip in most of tracked markets | Inman News

Case-Shiller: double dip in most of tracked markets | Inman News.

Check out the story above from Inman News. The Standard & Poor’s/Case-Schiller National Home Price Index reports that US home prices fell 3.9 percent during the last quarter of 2010.

That means that home prices nationally are back to 2003 levels.

It sounds ominous, but when you look at the graph, the level is actually right on track. In 2003 the bubble grew and we all know what happened in 2008 and 2009 – big bad burst.

But that burst brought us back to where we were before the bubble. Right on track.

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