Brendan's Blog

Several months ago, I started posting local "things to do" on a budget.  Highlighting free events, or at least very affordable ones.  I must say, with a toddler, it's been hard to even find the time to get out and take advantage of all of the wonderful, cost effective things to do in Baltimore City....but here we go!  Back to business.

WARNING...this post contains a little bit of shameless self promotion, but it is in an effort to open some eyes to a cultural gem in Little Italy, so I'll forgive myself!

Tomorrow evening, my Concert Opera company will be performing a fundraiser at the fabulous GERMANOS TRATTORIA in Baltimore's Little Italy.  For $10, and a $15 food/bev minimum, you get to hear two amazing sets of operatic music, performed by our board of directors, and incredible guest artists. 

Please make reservations at www.germanostrattoria.com, and be sure to tell them that you are coming for the Baltimore Concert Opera Company!

Jamie Smith Hopkins of the Baltimore Sun had this to say about the details of the extended FTHB credit.  Expect a vote in the house today....

I am still unsure as to how I feel about all this, but it is important to be "in the know."  Any Active Rainer's out there that have a local reporter that covers things as eloquently as our friend here at the Sun, please comment....I'd love to follow them as well.

I know that I have been writing a good deal about the first time homebuyer tax credit as of late, and what can I say...it is on my mind.  A big segment of our client population happens to be first time buyers, so I am obviously wanting to stay in the loop.

At the surface, this seems like a really good idea.  Most realtors that I speak to seem to be really hoping for the extension/expansion, as I am.  Anything that can stimulate this housing market is obviously something that I stand to gain from personally.  Or do I?

First, let's start with the positives:

• Obviously, my first time buyers are inclined (in theory) to "get off the fence" and take advantage of some great deals out there.
• If the expansion is approved for existing homeowners, my business could really benefit.  People that are already living in a housing stock that is appealing to a first-time buyer, would presumably have an easier time selling, and potentially trading up into a part of the market where there are outstanding values, while collecting a tax credit.

Now, some questions and reservations:

• What if, in the long term, this credit is just continuing to prevent the market from making a necessary correction?  Home prices were rather inflated, and a lot of us certainly enjoyed the ride, but is this credit just going to prolong the inevitable and ultimately make the fall even harder? 

• Why is it that the credit is the same regardless of the market?  Why is there the same incentive in healthy markets as in those that are hardest hit?  That doesn't seem to make sense, and the taxpayer is left paying the bill.
• Where on earth does the FIVE YEAR qualification come from for existing home-owners?  What about those that have been in their homes for three years, and are under-water?  
• As it looks to me, the credit is available to those buying a principle residence, but it doesn't REQUIRE that you sell your current home...there are some scary implications here.

We all know how rewarding it feels to cross something off of our TO-DO list.  I know that I am guilty occasionally of adding things to the list that I've already accomplished, just so that I may have the pleasure of crossing them off!  If there is anyone out there that doesn't know about GOOGLE TASKS then let this be the day you figure it out!  Google's free web based programs are very easy to use, and I find that the TASKS program is one of the most valuable.

Since it is web based "cloud" computing, no longer do you need to carry around a big TO DO LIST with you!  On Monday mornings, I set my tasks for the week, in multiple different categories.  I currently have a Buyers category, a Listings category, a Prospects category, then a personal TO DO list, a Shopping list, and a list of tasks for volunteer organizations that I am involved with.  I can access this list wherever I have an internet connection, and even on my phone while I am at the grocery store.  As I cross things off the list, it is updated everywhere.  I am able to take advantage of those fifteen minute windows between appointments in ways I never have before!

Once a task is "checked off" you have the ability to leave it visible, with a line through it, and UNCHECK it the following week.  This is terrific if you like to keep track of contacting that prospect once a week, writing a blog post a few times a week, remembering to make updates to your website weekly, etc.  Dates can be assigned to tasks, and they can show up in your Google Calendar...

Gone are the days of freaking out because you've misplaced your To-Do list.

Set up a Google Task list today, and chime in at the end of the day to let me know how many things you've accomplished.  Blog post was number seven for me today!  Good luck!