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Thursday, December 29, 2016

Your Dream Home Resolutions Bucket List




The new year is almost here, and you may be thinking about all of the things you didn’t get done in 2016. Rather than mourning the time you missed, why not start a list of all the things you can do in 2017? This is a great opportunity for new or soon-to-be homeowners to gather their thoughts on all the possibilities they may have for their space. How many projects will you start?

The 2017 Home Bucket List:
  • Refresh (or add to) what’s hanging on your walls.
  • Paint your ceiling.
  • Remodel and rethink your closet situation.
  • Build a home theater.
  • Put in a skylight.
  • Add a kitchen island. 
  • Install new flooring.
  • Build a sun porch.
  • Make space for a home office that you love to work in. 
  • Install a garbage disposal.
  • Add a rec-room.
  • Build a library.
  • Hang a hammock.
  • Install surround-sound.
  • Turn your basement into a wine cellar.
  • Add an outdoor fire pit.
  • Make use of unconventional—but thoughtful—storage solutions.
  • Build a walk-in pantry.
  • Clear out your garage to park in it.
  • Add a fireplace.
  • Install solar panels.
  • Create a mudroom.
  • Add a bar outdoors, indoors, or combine with accordion glass windows.
  • Turn your attic into a hideaway.
  • Build a breakfast nook.
  • Add a balcony.
  • Install a tub that you can fit in comfortably. 
  • Make space for a real garden.
  • Add an in-ground pool (even just a small one).

How many ideas of your own should be added to this list? If you’re still searching for your dream home, get in touch with us today!


Jeff Mistretta 
631-484-0133 | LongIslandAreaRealtor@gmail.com

Friday, December 16, 2016

Maximizing Your Space in a Smaller Home





  • In 2005, 9% of new homes were 1,400 square feet or smaller.
  • In 2015, 4% of new homes sold were 1,400 square feet or smaller.
  • In 2005, 7% of new home sales were for houses 4,000 square feet and up.
  • In 2015, 11% of new home sales were for houses 4,000 square feet and up.


For years, developers had been building larger houses, as wealthier buyers who wanted grander homes were the only people who would qualify under tougher mortgage standards. Recently, lot availability has declined and become more expensive, causing builder profit margins to become tighter, so builders have more of an incentive to build large homes that will sell for a higher price. Distressed sales rates are still over double what they were in the year 2000, many featuring medium to smaller-sized homes— giving developers even less of an incentive to build small homes. However, this doesn’t speak to the rate at which modest houses are being purchased. Odds are, those who aren’t buying brand new homes are taking advantage of the availability of more affordable, smaller ones.



After World War II, financial struggles gave birth to the modern midcentury homes that so many people know and love; a style returning to the tiny house movement and newer postmodern styles. The beauty of some of these great homes is what can be done to fully take advantage of the space by combining midcentury storage design and visuals with fresher ideas. One great style to turn to is the open floor plan, which should be executed thoughtfully; it’s important to consider the level of privacy needed for each space of the home, be it bedrooms, bathrooms, home offices, etc.



Playing with blurred layering and zone separation are important concepts to consider when remodeling a smaller space in order to keep your open area from feeling stale. Features like floor level, islands, furniture placement, and lighting can have a major impact on the feeling of space within a home. Utilize natural light and highlight areas of importance with a skylight or angled light. Allow the different areas of your home to be viewed from multiple angles by occasionally blurring the boundaries between two— like the kitchen and the dining area. Selecting the right furniture will also make a major difference in creating a great sense of space, like layering different heights to break up uniformity, as will utilizing smart storage practices.




 For houses of any size and budget, contact the Mistretta Group today!


Jeff Mistretta 
631-484-0133 
LongIslandAreaRealtor@gmail.com


Thursday, December 1, 2016

New Home Trends for 2017







The Scandinavian look has been a popular design trend in past years, especially in the fall and winter due to its appeal to the chilly seasons. In the past, real and faux-fur accents and cold metals have been the focal points of minimalist, organic features of homes. Currently, gray flooring is making a major comeback to add to an already calm color scheme; unlike the stained concrete which became particularly trendy in the recent past, grey-stained wood floors could become a major staple to compliment homes. This could majorly increase homeowners’ freedom in decorating and painting, as well as maintaining a unique, modern appearance to update any house. 




Warm and cool subdued tones and moody hues are predicted by paint and decor companies to dominate in the new year, compared to the louder, brighter colors of 2016. Jewel tones and baby pastels are sure to take a backseat this time around. Especially appealing in the coziness of your warm home in the winter, 2017 brings soft neutrals that will easily transition into the following seasons. Sherwin-Williams introduces Poised Taupe as a counterpoint to the cool gray that has become popular recently, as does Olympic’s purple-hued Cloudberry and Glidden’s Byzantine Blue. Industry experts cite mindfulness, harmony, coziness, and meditation as their prime focus for each new color; this might be an especially beneficial switch for homeowners who might need a visual refresher in their homes. For new homeowners, these hues could be a great solution to assembling fresh spaces after their move. For a major punch of color, a nostalgic warm gold— Honey Glow from Dunn-Edwards—can become a great accent color or could be used in an entire room for a serious mood boost, and the complex and contemporary Shadow 2117-30 by Benjamin Moore is a weighty choice for anyone looking for a unique pick. 

Whatever 2017 brings design-wise, the one thing you can always count on in putting together your new home is a great real estate agent! 

Jeff Mistretta 
631-484-0133 

LongIslandAreaRealtor@gmail.com

Thursday, November 17, 2016

Holiday Moving Tips



November and December aren’t the easiest possible months to move into a new house, but they’re oftentimes the most inexpensive! With the busiest and most expensive moving season behind you, moving in the late fall may be a smart choice of yours or a last resort, but it doesn’t have to be nightmare. Here are some easy tips and tricks that you can keep in mind while you prepare your move whether it’s sometime soon around Thanksgiving, or throughout the December holiday season. 
  • Send out a Change of Address card. 
    • This can kill two birds with one stone: Announce your new address while also sending out a lovely holiday card to your friends and family! 
  • Pack early.
    • As difficult as this one sounds, it’ll be a lot easier with all of your spring and summer gear already packed up (hopefully) for the winter. 
  • Pack and label based on necessity.
    • As you’re packing, try to keep everything in boxes that have a theme, or at least that feature items used at a similar frequency. 
  • Choose the right movers 
    • Call a few different providers to compare rates and make sure to check the reviews. Movers are usually less expensive around this time, but many often run holiday hours that could delay your move!
  • Pack decorations that can be opened and set up easily, or wait to buy until you’re in your new home.
    • It might be a good time to part ways with older decorations that take a little more effort to set up outside. 
  • Ship gifts and cards ahead of time.
    • Sending out holiday cards and gifts a little early is a whole lot better than trying to send them out late. Plus, it’s one less thing to worry about while you’re setting up your new home. 
  • Keep old traditions, but try to introduce a few new ones.
    • Especially for kids! Leaving home during the holidays might be a little traumatic if some of your family members are taking the move harder than you expected. Try to distract them with a new tradition. 
  • Set up your utilities in advance and make dinner arrangements ahead of time.
    • You and your family will thank yourself later. 
  • Prepare with snow gear.
    • If it’s already starting to get frosty, you’ll be prepared with shovels and salt!

Of course, another wise decision for making your holiday relocation a breeze is to use the right real estate agent. My clients are everything to me, and providing them with help for their move, no matter what time of year, is my policy. Get in touch with me today for any of your real estate needs. 

Jeff Mistretta 
(631) 484-0133 
LongIslandAreaRealtor@gmail.com

Thursday, November 3, 2016

If You Haven't Done It Already, Tackle It This Weekend!



The weekend is approaching, Halloween is over, and hopefully your busy schedule has calmed down a bit. If you’re lacking plans, you might want to spend a little time updating, reorganizing, cleaning, and taking care of those little tasks you didn’t get to this week (or even in the past few months). We’ve compiled a list of tasks that you might have been meaning to get to, and maybe a few you never thought of! Try to tackle at least one a day for a productive weekend: 

  • Despite these occasional bursts of warmth, winter is coming. Put away most of the summer items you won’t be needing come mid-November, especially anything you’ve been meaning to throw out! You can also donate whatever you don’t want anymore. You’ll thank yourself in May when you’re doing your spring cleaning! 
  • Get the patio furniture and the cushions that go with them clean and put away or covered, as well as giving the grill a good cleaning. 
  • Clean your room a little more intensely than you normally would while you break out your cold weather linens.
  • Flip and rotate your mattresses.
  • Get your outdoor plants used to the temperatures indoors while the weather is still mild enough not to shock them.
  • Take out and put away your window AC unit. 
  • Give your lamps and shades a quick dusting to rid them of pollen and dust before you spend the next few months sealed up for winter. 
  • Switch up your decor, without going shopping! Rearranging furniture, gallery walls, and decor you already have on hand can create a fresh look for the changing seasons. 

Tuesday, October 25, 2016

Buying a house can be a stressful time....


...especially if you’re doing it alone. The stress of remembering to check every aspect of your possible new home can often make you forget about vital areas of the space that need inspection. Refresh your memory on the sometimes overlooked—but necessary— spots you should check. 

                1.            Check the Roof
                              How old is it? Newer roofs have a life expectancy of only 15-20 years, and a replacement is a very expensive process. If the property has roof that is more flat than sloped, ask about the material used to seal it. 

                2.            How is the attic? 
                              Used mostly as a storage space, it’s a generally overlooked area, though an important one. How much space is up there? What is the condition of the floor? Where can you access it and how easily? Is there insulation? Would it be useful to convert it to another room?

                3.            Inspect the plumbing 
                              This seems like a no-brainer, but buyers sometimes forget to run through all the steps of checking this part of the house, aside from asking simple questions. Run all of the taps to check the quality of the water, as well as the pressure. How old are the pipes? Are they insulated? How old is the boiler? Are there any lead pipes which haven’t been replaced yet?

                4.            Which direction does the house face? 
                              This will affect not only your heating and cooling bills, but also your mentality. Knowing whether a house will be warm and sunny or cool and dark can make all the difference. Take a look at the surrounding foliage and other structures, and don’t be afraid to use that compass feature on your phone!

                5.            Turn On The Heating and cooling systems 
                              This might feel like the most important step you might have missed when you’re sweating on hot summer days or struggling to keep warm in the winter.

                6.            Look under the carpet
                              Are there hardwood floors under there? Is there mildew? Is it obvious that the sellers were pet-owners? Check the closets to see if the flooring was originally wood!

Monday, October 10, 2016

3 Inexpensive Ways to Update Your Long Island Home


You don’t have to completely renovate your property; there are three simple things you can do that will make your home feel brand new.

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Let’s be honest — a lot of the time, life gets in the way and our homes take the brunt of the abuse. Whether you’re selling your home or not, it may be time to upgrade your property. Here are a few ways to upgrade your home:

1. Get rid of the clutter. Everyone says that you need to declutter your home, but what exactly does that mean? I recommend getting three or four large plastic bins for things that you haven’t used in the last couple of years. If you plan on storing these items, make a list of everything in each box before you put the boxes in your garage or attic. That way, if you do need something before you move, you will know exactly which box it is in. You can also donate things you don’t need anymore.

2. Paint your home. Make sure you are cutting in and making those edges perfect. Consider taking a painting class ahead of time to learn better techniques and which colors complement each other.

3. Upgrade the hardware. Replacing the kitchen hardware, doorknobs, or bathroom fixtures is an easy way to upgrade your home. Whether you go with an antique brass look or a brushed bronze, whatever you choose will really clean up the look of the house.



Changing the doorknobs or kitchen hardware is a great way to update your home.



These are just a few ways to make your home stand out from the competition. Even if you’re not selling your home, you can enjoy these new changes and the updated look of your property.

If you can’t do these jobs on your own and you need a recommendation, please let me know. I can put you in touch with a painter, electrician, or plumber who will do a wonderful job. Also, please don’t hesitate to reach out to me with any questions. I would be happy to help you!

Thursday, September 22, 2016

How Do Short Sales Work?


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Want to buy a home? Search all homes for sale.

I’m asked quite often about short sales, so I’d like to discuss them with you today.

A short sale is what happens when a homeowner or a seller owes more money on the home they are selling than what a buyer would potentially pay for it. 

If, for instance, a seller owes $400,000 on their home but is looking to sell it for around $300,000, they would be considered upside-down on the property. A short sale would take place when they notify a Realtor that they’re looking sell, the house hits the market, and the seller is fully aware that they will have to negotiate with their current mortgage company to allow them to move on from the property after they find a buyer willing to pay fair market value.



A short sale happens when a seller owes more on their home than what it’s worth.



This is a very brief summary of a short sale, so if you’re finding yourself interested in the idea of a short sale while you’re searching for a home, please give me a call or send me an email for a more in-depth explanation about what kinds of control you do and do not have as a purchaser.  I hope to talk to you soon!

Friday, September 9, 2016

How to Determine Home Values with Data on Long Island


I wanted to talk today about what exactly a market analysis is. You may also hear it referred to as a CMA (current market analysis).

It really consists of all the data from your neighborhood related to homes selling, failing to sell, or going under contract which affect the value of your home. Be warned, though; while this information is very useful, it should only be interpreted by professional Realtors who are very familiar with marketing, market analysis on home trends, and what's going on in your specific neighborhood.

I personally don't like using the term "comp," which is short for comparable, for a home that's similar to yours that recently sold. Every homeowner is really specific with the upgrades they have made and the individual care they take of their home. It's really difficult to say that a home nearby is "just like yours." I try to avoid doing that.



I always suggest that my clients have a plan B in case things don’t line up.



The most important thing in understanding market trends and market value is to really zero in on the buyer behavior. Track what buyers are looking for in a particular area or neighborhood like layout, spacing, the yard, or the school district.

That's why it's so important to hire a Realtor who understands what buyers are willing to spend for your home today. Feel free to contact me for a more in-depth look at your home and neighborhood if you're looking to sell.

Thursday, August 25, 2016

How to Buy and Sell a Home Simultaneously


In the super-hot market we’re in right now, lots of people are calling me asking, “Hey Jeff, how do I sell my home and actually buy another home without being homeless?” That’s definitely a fair question. There are three ways to accomplish this:
  1. Purchase a new home first and take your time selling the old one. Since lots of folks either aren’t able to carry two mortgages or don’t want the stress of doing so, this is the least common way to accomplish that.
  2. Obtain a buyer on your current property to the point of contract and start aggressively searching for your next home. Go to contract on your next home so hopefully both contracts can be scheduled to close at the same time. With this option, I always suggest that my clients have a plan B just in case the two don’t line up. This may be renting an apartment or moving in with friends and family for a short period of time until both closings can happen.
  3. Just plan on selling your home and temporarily move in with friends/family. Marketing your home completely, selling it, and having it close takes between 45 to 90 days on Long Island. With this option, you can take your time in purchasing the dream home you’re looking for.
If you’re looking for more details on any of these three options, just contact me by phone or email. I'd be happy to help you!


I always suggest that my clients have a plan B in case things don’t line up.

Thursday, August 11, 2016

Is It Too Late to Move into Your Desired School District?


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Want to buy a home? Search all homes for sale.

Is it too late in the summer to find a home and get into the school district that you want your children to be in?

Maybe you've been searching for the perfect home and haven't been able to find it, or maybe the idea of moving just came to you. My first suggestion is to find a professional Realtor like myself who can explain the process and find the perfect house for you and your family.

There are a few options.



Contact the school district for the exact details about registration.



The first is to move into a home that is vacant. However, to find the perfect home that's also vacant is maybe a 50-50 shot. Maybe you find one that is vacant, though, and you have an amazing lender who can close the loan in 30 to 45 days and have you in the home in time for the school year to start.

I recommend starting by contacting the school district to find out everything that's necessary to register your children for that school. Most schools only require a contract to be signed to register your children at the school district of your choice.

If you have more questions or you need the help of a professional to find a home in an area you want, contact me. Let's go get your perfect home!

Friday, July 29, 2016

How Property Taxes Impact Your Home’s Purchase


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Want to buy a home? Search all homes for sale.

Lots of people are always asking me, “How exactly do property taxes of a home I’m going to be purchasing affect me and my monthly payment?” Basically, your bank will collect 1/12 of the property taxes within your mortgage payment once you close on your new home. This can affect you in several ways.

First, they can determine how much the bank gives you for your mortgage. When the bank is approving you for a mortgage, they determine how much they’re willing to lend you per month, which has to include principal and interest (the actual mortgage payment), 1/12 of your taxes, and 1/12 of your homeowner’s insurance.



Property taxes determine your buying power and your mortgage rate.



Here on Long Island, where the taxes are typically above $6,000 and somewhere below $15,000, they also have a huge impact on your buying power. What do I mean by that? Let’s just assume that the bank approves you for a mortgage of $300,000, with taxes of $10,000 a year. That equates to a monthly number we won’t discuss here. However, if you were to find a home with a tax of $8,800 a year instead of $10,000, that would equate to $1,200 a month less, which would give you an additional $100 a month to spend on your mortgage payment. $100 a month on today’s interest rates is approximately $20,000 more you can spend on a home!

So, property taxes also determine your buying power. When you’re searching with your Realtor, make sure that you pay attention to the property taxes because that definitely affects how much you can spend on your home.

If you’re searching for a home or know someone who is, please contact me by phone or email.

Tuesday, July 12, 2016

Don’t Let Rising Rents Trap You on Long Island


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Want to buy a home? Search all homes for sale.

Rent prices continue to rise in New Jersey. If you’re not careful you could become trapped in a cycle where you cannot save enough money to put towards a home purchase. Rent rates rise every year, but when you lock in a 30-year loan, your monthly payment stays the same.

The average landlord raises the rental payment 3% per year. That doesn’t seem like a lot, but when you rent for an extended period of time, you’re throwing away so much money. If rental units are in low demand, prices can rise as much as 20% per year. For example, in 2006 my friend had a 2-bedroom rental that cost $1,250 per month. That same property now costs more than $2,000 per month. That’s a 75% increase in 10 years!


Stop putting money into another person’s savings.


When you pay rent, you are essentially throwing away money. When you pay your mortgage, you’re basically putting that money into savings. Renting does not allow you to build wealth, and you could spend hundreds of thousands of dollars over the course of 30 years. Wouldn’t you rather have that money in your bank account, rather than someone else’s?

If you’d like to learn more about the benefits of homeownership, please don't hesitate to contact me!

Wednesday, June 15, 2016

You Need a Professional Realtor on Long Island


Want to sell your home? Get a FREE home value report. 
Want to buy a home? Search all homes for sale.

Real estate professionals can help you earn more money on your home sale. They can also make the process less painful and more enjoyable. Honestly, when most people try to sell homes on their own, they fail and miss out on top dollar. That’s why it’s crucial to hire a professional when selling on Long Island.
  1. A professional understands the local market. The market changes from day to day and from neighborhood to neighborhood.
  2. You need an expert negotiator to get you the best deal possible. You also need to create a barrier between the buyer and the seller. Plus, we already have relationships with a lot of other Realtors, so negotiations are even easier.
  3. Real estate is a practice, just like law or medicine. You need someone that is experienced and capable of getting the job done quickly and easily.
  4. Realtors handle all the paperwork. Our industry is now tightly regulated, and we know exactly how to handle the array of documents that will be necessary when you’re selling your home. This will save you a lot of time and frustration as a consumer.
  5. Real estate agents have the ability to price your home properly, and this will bring you the best price possible. A pro can position your home’s price to start a bidding war and get top dollar on the property.

We can sell your home more quickly and for a better price.


These are five reasons why you need to hire a professional, but there are plenty more if you’d like to speak about them. If you’re thinking about buying or selling a home in the surrounding area, contact me by phone or email. I look forward to continuing this conversation with you!

Friday, May 27, 2016

Stress-free Living for a Peaceful Home

The environment of your home has a lot to do with the way you feel on a day-to-day basis. For example, if your home is cluttered, you will tend to feel lazy, tired, or frustrated. If your home’s interior paint is black, you will possibly feel slow or depressed. Much of our idea of a home is represented in who we are. The reverse is true as well. So, if you are looking to turn your life around, or simply feel more stress-free, then there are a few simple changes you can make to your home to help out.

Smells

Smells have one of the biggest influences on us. Don’t believe me? Walk into a house that smells like someone just removed chocolate chip cookies from the oven. I dare you not to feel happy. Other scents, such as, citrus (orange, lemon, and grapefruit), jasmine, lavender, vanilla, and if you need a more robust scent, fresh bread or coffee. Scent can help relieve depression, soothe our spirit, wake us up, or provide a variety of other sensations.
You can always purchase items like candles and plug-in air fresheners, but I prefer the al natural way with fresh ingredients. So, pull out that baking pan before guests arrive or fill a pot of boiling water with a sliced orange and a couple rich spices such as cinnamon and vanilla.

Feng Shui

Feng Shui is the belief that your home, or the area around you is a mirror-representation of who you are on the inside. By utilizing the energy of what you bring in (and everything has energy), you can better manage how that energy flows through your home.
For example, on furniture, your couch should be against a wall, leaving a few inches between the wall and couch to allow energy to flow. There should be open pathways through the room, and into other rooms. Round coffee tables are more inviting than rectangular ones. However, your living room should have a variety of shapes: Squares represent earth; rectangles, wood; triangles, fire; round and oval, metal.
Feng Shui also covers color, clutter, seating, and how arrangements mingle with each other, as well as represent the home.

Color

The color of your home can also influence how you feel. This doesn’t mean you need to paint your entire home, but adding a splash of color utilizing accent colors is a great way to brighten-up or soothe your home, or in some cases make your home appear larger such as with blues, greens, and purples. Whereas reds, oranges, and yellows will help your rooms feel vibrant.
Shades and tones can also liven, or tone down a room. Understanding a color-wheel and how it works is one way to balance out varying complimentary colors of your home and pick out accent wall colors. An accent wall is great because of the overall affect it has on a room, with a small amount of work to paint that wall, or section of wall.

Simplify

Simplifying a room is essentially de-cluttering a room of excess furniture, trinkets, and unnecessary items. For example, have you ever walked into a house where one or all of the tables had magazines strewn about? The home owner may have felt like they were representing who they are by what they read, but in fact they were distracting the mind to think the home was messy.
A few tricks to keep a home simple, is to use bins for items you would like in the room, and would otherwise leave them lingering about where you leave them. The idea of “everything has a place” is very effective when it comes to keeping a clean and simple home. Your remotes, car keys, and magazines should all have a location that is orderly, and near point of use.

Simplifying may also mean removing too much furniture. Do you have six chairs around a small dining table that has only ever held four people? Do you have one too many lounge chairs in your living room? Are your kitchen counter-tops filled with nifty small appliances? These are all signs that your home is too busy and distracting. The more items you have strewn about, the more cluttered, and small your home feels. 

Tuesday, May 24, 2016

Save Money as a “Green” Homeowner

Much like buying organically, many people feel that having a “green” home means they will need to throw away a lot of money to participate. However, as technology has grown, it is much easier, and often cheaper to own an environmentally-friendly home. Waste reduction for many green homes can reach 30% or higher savings on utility and water bills. In addition, many of the changes such as replacing a water heater with a tank-less water heater, will not only save you money in efficiency, but also has less maintenance over time, and can last up to 20 years, as opposed to 5-10 years of a standard water heater.

In addition to saving water during your showers, you can save money and water with smart irrigation systems that download current weather statistics for your area, such as humidity, wind speed, solar radiation, and precipitation, to determine when and how long your lawn and garden should be watered for optimum performance. These are systems that can save you up to 50% on your water bill.
 
Insulating your home, or I should say a lack of efficient insulation costs many homeowners hundreds, or even thousands of dollars a year in energy bills. This is often a problem with older homes that haven’t had window updated, have poor insulation in walls, and don’t have all of the cracks in areas such as the attic filled in. While the initial cost of replacing all of your windows can be spendy, this is something that pays off in the first 1-2 years of installation. Using gas filled windows, will save you even more money. Gas filled windows are typically filled with an inert, odorless, gas such as argon. These windows prevent build-up of frost in winter, air-flow, and keep your home cool in summer and warm in winter by allowing your heating and AC to operate at higher efficiency levels since they are not fighting a constantly changing climate within your home.

Solar panels are another feature that is now much more affordable. There are actually many local and federal incentives that make solar usage cheaper to install, which in return pays back in less expensive energy costs. Manufacturing and technology can also produce solar panels faster, with less expensive materials, and easier installation that drives the cost down. New technologies are soon to introduce transparent solar panels in windows, as well as solar energy drawn from building and construction material.

Living green in the 21st century is more than recycling and composting, although those are still great ways to leave your mark on protecting the environment. Living green in the 21st century is about reusing renewable and sustainable energy, which not only protects the world around you, but also helps reduce your energy spending.