RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Gardening in Winter? It Can Be Done!

January 15, 2016 12:48 am

Ready…set…spring!

One way to beat the winter doldrums this season is to liven up your home with greenery. Green thumb or not, the key is to start small, says gardening author Ann Whitman, who suggests beginning with a terrarium, a miniature tabletop garden.

“Terrariums invite you in for a closer look and provide a perfect escape from the winter weather outside,” Whitman says. “Terrariums are easy to care for and don’t require any special skills for success…not much more than occasional watering and trimming.”

The proper vessel is most crucial to your terrarium’s success. Modern models are substantial, and angled with beveled glass and copper-colored metal trimming (real copper would turn green). Take care to select plants that are specifically suited for terrariums—they should not require a high level of maintenance.

Aside from a terrarium, you can jump-start your outdoor garden (yes, in the dead of winter!) by planting seeds indoors, says Whitman. If your home does not receive adequate sunlight, consider purchasing a light system to ensure the seeds thrive through the season.

“Greenery” in your home might also include springtime scents, Whitman adds. Botanical essential oils, such as lavender, eucalyptus, orange, peppermint or rosemary, are the pure, extracted essence of plants, unadulterated by chemicals or other ingredients. Just a few drops in a diffuser can help inject life into your home ahead of the first day of spring.

Source: Gardener’s Supply Company

Published with permission from RISMedia.


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Home-Related Loan Delinquencies Dive toward Historic Norms

January 15, 2016 12:48 am

Delinquencies, or payments that are 30 days or more overdue, on home-related loans are declining toward historical norms, a sign of continued progress for the housing market. Both open- and closed-end home-related loans, according to a recent report by the American Bankers Association (ABA), showed an overall decrease.

“The steady decline in home-related delinquencies has been a bright spot as they grind their way back to pre-recession levels,” says James Chessen, chief economist of the ABA. “We expect this trend to continue as the housing market keeps gaining strength.”

Delinquencies on closed-end property improvement loans and open-end home equity lines of credit (HELOCs) dropped to 0.87 percent and 1.31 percent, respectively. Closed-end mobile home and home equity loan delinquencies rose slightly, to 3.59 percent and 2.91 percent, respectively. A closed-end loan is for a fixed amount of money with a fixed repayment period and regularly scheduled payments. An open-end loan is for a fixed amount of available credit but a balance that fluctuates depending on usage.

“A good economy and lower delinquency rates go hand-in-hand, and the Fed is betting on a stronger economy in 2016,” adds Chessen.  “If the economy remains solid and jobs continue to grow, we would expect delinquency levels to continue hovering near these historic lows. As always, disciplined financial management by consumers is an essential ingredient for lower delinquencies.  Now is a great time for consumers to reflect on their holiday expenditures and resolve to reduce any excess debt in the New Year.”

Delinquent borrowers should speak with creditors as soon as possible to assess their options.

Source: ABA

Published with permission from RISMedia.


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