Davis CA Real Estate News

Entries from July 2008

It’s a Tankless Job

July 30, 2008 · Leave a Comment

I’ve been getting more requests for information about tankless water heaters lately from Davis area home buyers.  Below is a helpful summary from the US Dept. of Energy website:

Demand (tankless or instantaneous) water heaters provide hot water only as it is needed. They don’t produce the standby energy losses associated with storage water heaters, which can save you money. Here you’ll find basic information about how they work, whether a demand water heater might be right for your home, and what criteria to use when selecting the right model.

How They Work

Demand water heaters heat water directly without the use of a storage tank. Therefore, they avoid the standby heat losses associated with storage water heaters. When a hot water tap is turned on, cold water travels through a pipe into the unit. Either a gas burner or an electric element heats the water. As a result, demand water heaters deliver a constant supply of hot water. You don’t need to wait for a storage tank to fill up with enough hot water. However, a demand water heater’s output limits the flow rate.

Typically, demand water heaters provide hot water at a rate of 2–5 gallons (7.6–15.2 liters) per minute. Gas-fired demand water heaters produce higher flow rates than electric ones. Sometimes, however, even the largest, gas-fired model cannot supply enough hot water for simultaneous, multiple uses in large households. For example, taking a shower and running the dishwasher at the same time can stretch a demand water heater to its limit. To overcome this problem, you can install two or more demand water heaters, connected in parallel for simultaneous demands of hot water. You can also install separate demand water heaters for appliances—such as a clothes washer or dishwater—that use a lot of hot water in your home.

Other applications for demand water heaters include the following:

  • Remote bathrooms or hot tubs
  • Booster for appliances, such as dishwashers or clothes washers
  • Booster for a solar water heating system.

Although gas-fired demand water heaters tend to have higher flow rates than electric ones, they can waste energy if they have a constantly burning pilot light. This can sometimes offset the elimination of standby energy losses when compared to a storage water heater. In a gas-fired storage water heater, the pilot light heats the water in the tank so the energy isn’t wasted. The cost of operating a pilot light in a demand water heater varies from model to model. Ask the manufacturer how much gas the pilot light uses for the model you’re considering. If you purchase a model that uses a standing pilot light, you can always turn it off when it’s not in use to save energy. Also consider models that have an intermittent ignition device (IID) instead of a standing pilot light. This device resembles the spark ignition device on some gas kitchen ranges and ovens.

For homes that use 41 gallons or less of hot water daily, demand water heaters can be 24%–34% more energy efficient than conventional storage tank water heaters. They can be 8%–14% more energy efficient for homes that use a lot of hot water—around 86 gallons per day. You can achieve even greater energy savings of 27%–50% if you install a demand water heater at each hot water outlet.

Selecting a Demand Water Heater

Demand water heaters cost more than conventional storage water heaters. However, you may find that a demand water heater may have lower operating and energy costs, which could offset its higher purchase price.

Before buying a demand water heater, you also need to consider the following:

For information about specific demand water heater models, see the Product Information resources listed on the right side of this page (or below if you’ve printed out this page).

Installation and Maintenance

Proper installation and maintenance of your demand water heater can optimize its energy efficiency.

Proper installation depends on many factors. These factors include fuel type, climate, local building code requirements, and safety issues, especially concerning the combustion of gas-fired water heaters. Therefore, it’s best to have a qualified plumbing and heating contractor install your demand water heater. Do the following when selecting a contractor:

  • Request cost estimates in writing
  • Ask for references
  • Check the company with your local Better Business Bureau
  • See if the company will obtain a local permit if necessary and understands local building codes, etc.

If you’re determined to install your water heater yourself, first consult the manufacturer. Manufacturers usually have the necessary installation and instruction manuals. Also, contact your city or town for information about obtaining a permit, if necessary, and about local water heater installation codes.

Most tankless water heaters have a life expectancy of more than 20 years. They also have easily replaceable parts that extend their life by many more years. In contrast, storage water heaters last 10–15 years. Periodic water heater maintenance can significantly extend your water heater’s life and minimize loss of efficiency. Read your owner’s manual for specific maintenance recommendations.

More on tankless water heaters from the Home Depot website: 

The Home Depot recommends Tankless water heaters as the most energy effiecient and environmentally responsible option for supplying all your family’s hot water needs. We feature Paloma, maker of the most advanced gas tankless system sold in America. With no bulky, inefficient holding tank to keep hot, tankless water heaters can save you up to 33% on your energy consumption while delivering you an on-demand, continuous supply of hot water.

  • Hot water that never runs out! – no more waiting for the tank to re-heat
  • Great for hot tubs and the new surround showers – systems for indoor and outdoor applications
  • Tankless systems last years longer and are easier to repair and replace than conventional hot water heaters
  • Save space and use areas not available for tank heater systems
  • Get up to $300 Home Energy Improvement Federal Tax Credit on Paloma’s Digital Tankless line of hot water heaters

Categories: Davis CA · Davis CA real estate · Green Design and Energy Efficiency
Tagged: ,

Thank you, Davis buyers!

July 24, 2008 · Leave a Comment

 Davis had 78 residential properties close in June 08, per MLS.  I had the pleasure of representing buyers in 4 of these transactions, an unsurpassed total. If you are considering a purchase in the Davis area,  give me a shout - whether in person, text message, email, phone, fax or snail mail. Whatever your preference, together we’ll find you the perfect home!

 

1019 Plum Lane

 

4102 Tallow Place

 

2520 Oakenshield Road

 

730 J Street

Categories: 1
Tagged: , , , ,

Davis CA Real Estate – 2008 2nd quarter stats

July 24, 2008 · Leave a Comment

This cool graphic represents the second quarter of lunar cycle. Decent analogy to Davis real estate?

Slow start, big finish.

During the month of April 08, only 31 Davis homes closed escrow, per MLS.  Striking when compared to June 08, when 78 homes closed, up 151% in two months time. Here’s a complete look at the second quarter, contrasted with 2007.

                                         # Sold        Average Selling Price    $/sq.ft        Days on Market

June 08                                78                 $565,201                   306                  52

June 07                               80                  $582,899                   317                   50

 

May 08                               46                  $487,507                   310                   47

May 07                               65                   $558,881                  325                   54

 

April 08                             31                    $524,202                 296                    53

April 07                             53                    $560,425                 326                    45

Categories: Davis CA · Davis CA real estate · Market Trends

Davis to host 2009 Amgen Tour of California on Sunday, Feb. 15th

July 23, 2008 · Leave a Comment

   For the past two years I’ve enjoyed cheering on the cyclists as they whizzed down Second St. in front of the Coldwell Banker office. Today, the tour announced that Davis has been selected to host the start of the second stage. We are indeed the #1 bike city in America. Very cool news. Here’s the full text from the tour’s website:

LOS ANGELES (July 23, 2008) – The record-setting Amgen Tour of California professional cycling road race will be expanded in 2009, race presenter AEG announced today through a series of press conferences throughout the state. The 2009 race will include stops in 16 host cities over the course of nine days from February 14-22. Already considered cycling’s most important and successful road race in the United States, the event’s fourth running will be expanded to cover more than 800 miles over the nine days. Traveling almost the entire length of California, the race will begin in the state’s capital, Sacramento, and end in San Diego County (a new addition to the race) with a finish in Escondido on February 22. Also for the first time, the riders will cross the Golden Gate Bridge at the beginning of Stage 3.

The 16 official stage start and finish cities that have been selected for the 2009 race include eight new locales – Davis, Santa Cruz, Merced, Clovis, Visalia, Paso Robles, Rancho Bernardo and Escondido – that will join Sacramento, Santa Rosa, Sausalito, San Jose, Modesto, Solvang, Santa Clarita and Pasadena as host cities along the route.

“Each year, we strive to make the Amgen Tour of California better,” said Andrew Messick, president of AEG Sports, presenter of the race. “And after getting input from riders and fans last year, we decided to expand the race to better showcase the great state of California. We are delighted to have such a great overall mix of cities partnering with us for the 2009 Amgen Tour of California and are pleased to include the eight new stops, along with so many of our old friends.”

In its first three years, the Amgen Tour of California has become the most successful race in the United States with regards to attendance, economic benefits to the state, global recognition and the caliber of the cyclists participating. In 2008, the race drew 1.6 million spectators, continuing to set records for a single sporting event in the state of California, as well as any cycling event ever held on U.S. soil. Each year the race has generated $100 million in economic growth for the state.

“This year is a year of exciting firsts for us,” Messick continued. “For the first time, the Amgen Tour of California will take place over nine days, we will make our first visit to the western slopes of the Sierra Nevada and visit San Diego County for what promises to be another exciting conclusion to the race.”

The Amgen Tour of California kicks off the professional road cycling season each year and continues to draw some of the world’s most renowned and respected riders, such as top Tour de France competitors, World Champions and Olympic medalists that include Tom Boonen, Paolo Bettini, Fabian Cancellara, George Hincapie, Oscar Freire and Bobby Julich. Winner of the 2007 and 2008 Amgen Tour of California, Santa Rosa resident Levi Leipheimer of the Astana team has had a strong season since his Amgen Tour of California victory earlier in the year and will next be representing the United States in the Olympic Games.

“Winning the Amgen Tour of California has been a goal of mine from the beginning; no matter which races I compete in,” said Levi Leipheimer. “This has always been a top priority for me.”

Last month AEG, presenter of the race, formed a multi-dimensional marketing partnership with the Amaury Sport Organisation (ASO), owner of the Tour de France, to grow and develop each other’s events. Beginning with the 2008 Tour de France and 2009 Amgen Tour of California, the multi-year agreement calls for the organizations to develop and initiate comprehensive cross-promotional platforms for the world’s most prestigious cycling event and America’s most successful cycling race, as well as provide assistance with media and sponsorship sales for the races in their respective regions.

Returning for the fourth consecutive year as the title sponsor of the Amgen Tour of California, Amgen, a leading global biotechnology company with headquarters in Thousand Oaks, Calif., will continue to leverage the race to raise awareness and support for people affected by cancer through the Breakaway from Cancer™ initiative. Amgen’s invaluable support of the Amgen Tour of California has helped to ensure the race’s continued success and impact beyond the sporting arena.

“Sponsorship of the Amgen Tour of California has given Amgen the opportunity to educate people about the great advances in medicine made possible by biotechnology, and to strengthen our relationships with local communities, cancer support organizations and cancer survivors through our Breakaway from Cancer™ initiative,” said George Morrow, Amgen’s executive vice president, Global Commercial Operations. “We look forward to another great race in 2009 and the opportunity to again lead the Breakaway from Cancer™ initiative to increase awareness of the support and educational resources available to help people living with cancer.”

Having been sanctioned by the UCI (Union Cycliste International) and USA Cycling, the Amgen Tour of California has drawn the attention of both cycling enthusiasts and first-time spectators, making it one of the most anticipated events on the international cycling calendar.

Beginning with a road stage (a first for the race), which both starts and ends in Sacramento, through the grand finale in Escondido, the 2009 race will visit 16 host cities for official stage starts and finishes, while other cities along the route also will have the opportunity to witness the excitement of elite professional cycling. Stages for the 2009 Amgen Tour of California include:

  • Stage 1: Saturday, Feb. 14 – Sacramento
  • Stage 2: Sunday, Feb. 15 – Davis to Santa Rosa
  • Stage 3: Monday, Feb. 16 – Sausalito to Santa Cruz
  • Stage 4: Tuesday, Feb. 17 – San Jose to Modesto
  • Stage 5: Wednesday, Feb. 18 – Merced to Clovis
  • Stage 6: Thursday, Feb. 19 – Visalia to Paso Robles
  • Stage 7: Friday, Feb. 20 – Solvang (individual time trial)
  • Stage 8: Saturday, Feb. 21 – Santa Clarita to Pasadena
  • Stage 9: Sunday, Feb. 22 – Rancho Bernardo to Escondido

For further information on the 2009 Amgen Tour of California, please visit www.amgentourofcalifornia.com.

About the Amgen Tour of California

The largest cycling event in America, the 2009 Amgen Tour of California is a Tour de France-style cycling road race presented by AEG that challenges the world’s top professional cycling teams to compete along a demanding, recently expanded, 800-mile course from Sacramento to Escondido from February 14-22, 2009.

Categories: Davis CA
Tagged: , , , , , , ,

Davis CA Real Estate Wish List for Buyers

July 23, 2008 · Leave a Comment

Wanted: Davis Home Sellers!  

With the inventory of residential MLS listings in Davis shrinking to a relatively paultry 140 as of today, it’s time to get out the proverbial bullhorn on behalf of my buyers.  If you or someone you know is thinking of selling their Davis home and the criteria is a match, please call my cell at 530.304.5978.

Buyer #1   Private, mature yard with in-ground swimming pool, 1,600 sq. ft living area, to $700,000

Buyer #2   Built in 1990 on newer, 1,600 sq. ft. living area, 2-car attached garage, 2-story, to $550,000

Buyer #3   Central or Covell Park, 4 bedroom, 2-car garage, to $500,000

Buyer #4   Village Homes to $500,000

Categories: 1 · Davis CA · Davis CA real estate
Tagged: , , ,