28 04, 2022

Can Rising Gas Prices Effect the Housing Market?

2022-06-01T13:56:49+00:00April 28th, 2022|Home Finances|

Thanks to inflation, rising home values, and pandemic-related supply chain factors, consumers have gotten used to paying more for many of the goods and services we all need to get by. This increase in pricing hits especially hard at the gas pump. With the price of gasoline rising steadily nationwide, many households are feeling the crunch. Though we all know rising gas prices can complicate your transportation budget, could the price at the pump directly fuel an increase in the cost of homes?

The most direct connection we have seen between the price of fossil fuels and home prices came during the recession of 2008. During this time, gas prices in the US rested above $4.00 a gallon on average, adding to the sense of financial insecurity felt by consumers. Unlike many household budget items, fuel is something most people simply cannot go without. If forced to pay more for the gas we rely on to get around, spending power in other areas will suffer. During the recession, lack of funds for housing led to an increase in home pricing as landlords increased their prices to compensate for flagging demand and increased turnover.

The cost of fuel can influence the housing market in other ways. Demand for fossil fuels impact not only the price of gasoline, but also natural gas used to heat homes and the fuel used at power plants to generate electricity. As gas prices go up, home utility costs increase as well. This only worsens the cycle of lowered consumer buying power and makes budgeting for utilities an obstacle for many would-be buyers and renters.

Similarly, the taxes places on fossil fuels and carbon emissions are felt even more when prices are higher. These costs are passed on to consumers as part of […]

14 04, 2022

Prepare Your Garden for Spring

2022-04-14T13:13:47+00:00April 14th, 2022|Tips & Advice|

Whether enjoying a robust burst of floral colors or the literal fruits of your labors, a home garden can transform your outdoor space as well as your life. Whatever you decide to plant, springtime is the right time to begin planning your gardening for the year. Here are a few simple tips to help prep your garden for success.

Layout

It’s important to consider the layout of your garden ahead of time to avoid mayhem at the planting stage. Some plants may require more room to spread out than others, which is just one important consideration to keep in mind when planning your layout. Create a detailed list of everything you wish to plant, then mark where each seed or plant will be placed in your garden with labelled popsicle sticks or some other means of identification. Laying out a grid with string at this stage will also help to simplify the layout process.

Test the Soil

For your plants to grow and be healthy, soil conditions in your garden must be correct. By now you should have selected whatever plants you intend to grow for the season. Check the labelling or consult your local garden center to determine the ideal PH balance for each plant, and then use a test kit (also readily available at most garden centers) to check PH levels in your soil. If the PH in your garden is out of balance, you can correct the situation with various fertilizers and additives.

In addition to PH, many plants do better when planted at a certain temperature. Check the temperature of your soil to be sure you are planting when conditions are ideal, and always wait until after the last frost of the year to plant anything in your garden.

Cover the Ground

There […]