Homeowners can reduce their energy bills by lowering the thermostat setting on their water heater.  Most manufacturers set water heater thermostats at 140 degrees Fahrenheit, but most households don’t need water hotter than 120 degrees.  Households with water heaters older than 12 years should consider replacing it with a new unit.  This year and next, the federal government is offering a tax credit of 30 percent of the cost of qualified water heaters, up to $1,500.

Affordability in California during the third quarter of 2009 stood at 64 percent, meaning 64 percent of the state’s households could afford to purchase an entry-level home in California, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ First-time Buyer Housing Affordability Index.

The median price of an entry-level home in California was $247,150 in the third quarter of 2009, making the estimated monthly payment including taxes and insurance $1,450, according to C.A.R.’s affordability index. The minimum household income needed to purchase an entry-level home in California in the third quarter of 2009 was $43,500.  First-time buyers typically purchase a home equal to 85 percent of the prevailing median price.

If you would like to get loan information from recommended banks, or get started and view all homes, condos, investment properties, pre-foreclosures, bank owned foreclosures (REO's) or thinking of selling your property, Please feel free to contact me today for free counseling at (619) 301-0200 visit our website, click  CountyProperties.net

By the way…if you know of someone who would appreciate the level of service I provide, please call me with their name and business number and I’ll be happy to follow up and take great care of them.