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Friday, July 02, 2004

Water Leaks: When It Rains It Pours

by M. Anthony Carr

It started out as a little buzzing sound that my wife and I thought might be a termite. So we first scheduled a termite inspector to come join us atop the ladder in the foyer at my home as we placed our ears on the ceiling.

However, I soon noticed that the sound seemed loudest after the shower was used in the upstairs bathroom -- so that provided even worse feelings -- a leaky pipe in the ceiling. We called a plumber and he came over promptly -- two days later. By that time (Friday morning before heading off to work) my lovely bride hollered from downstairs "It's louder." So I took off my suit and walked down with some work clothes.

Plumbing pipe corrosion is not uncommon. According to Advanced Water Systems' website, the main causes of metal pipe corrosion are:


Low pH (acid water) or high pH (alkaline water) on private well systems.

Other water chemistry causes, such as high levels of dissolved oxygen, high levels of salts dissolved in the water, and/or corrosion-causing bacteria such as sulfate or iron bacteria.

Electrochemical causes, such as improper grounding of electrical appliances to the copper piping.

High velocity of water, relative to size of piping, causing hydraulic wear on the piping.

Sand, sediment or other grit causing hydraulic wear on the piping.
What I soon discovered in my case was that it was a pin-hole leak from a copper pipe. Further research revealed that this is a common occurrence in homes the same age as mine and that it could stem from cleaner drinking water requirements from the Environmental Protection Agency.

The Washington Suburban Sanitary Commission reports that as we move toward cleaner water in the DC region -- to meet stricter EPA requirements, natural organic materials have been removed from the water. "And a lot of the substances in this organic material actually help protect metal piping and copper of course is a metal pipe," according to WSSC, as quoted by a local television news group.

Oops.

Well -- now I at least know WHY I might have a leak. You are the lucky ones. My readers get to find out what to do in the case of an emergency based on what I didn't do in the case of an emergency. Therefore, you and your spouse won't exchange "words of encouragement" with each other over how you're about to fix the ceiling.

I tended to disagree with her suggested use of a screwdriver to place holes in the ceiling around the area from which the buzzing sound derived. I figured if it's leaking, it's leaking and no small hole was going to keep me from making a larger mess during this investigation. Thus, I pulled out my trusty, rusty, course tooth drywall saw. It's quite the instrument. One look at it in my hands and any observer would know I possessed an instrument of great home repairing power. So I started sawing. (But not before getting out a tarp and five-gallon bucket with a rag for mopping up any impending mess.)

Plumbing leaks do a funny thing. Where you hear the leak through the drywall is not necessarily where it's really located. So two sawed out panels of drywall later -- I found the leak. It wasn't very big. In fact, my first thought was that the stream of water was a strand of a cob web hanging down from the pipe. When I attempted to wipe it away, my hand got wet instead.

What I discovered was that the pipe had apparently developed a pin-hole leak that had been streaming into the ceiling for some time. While the stream was nearly microscopic, it had been whizzing into the ceiling long enough to drench several square feet of drywall. Thus, keep in mind with your home repairs that a solution to the initial problem will not necessarily fix everything. The water leak meant I would have to replace some piping, THEN I would have to wait till the ceiling materials dried out -- remove them -- then get a drywall expert in to cut out, replace, tape, paste, sand, and paint my ceiling.

As you continue the upkeep of your dwelling (and your largest investment) remember that regular maintenance is a must and that most fix-it jobs will turn into more than one, i.e., the plumbing job that becomes a plumbing/drywall/painting endeavor.

Published: July 2, 2004

Mr. Carr has covered real estate for more than 15 years. He is authoring “Street Guide to Real Estate,” due out 2004 through www.AmacomBooks.org.

Copyright © 2004 Realty Times. All Rights Reserved.


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Vancouver, Washington Boasts 10 Percent Appreciation In Homes

by Blanche Evans

Local Realtors are reporting that buyers are still flocking to scenic Vancouver, Washington, one of the most beautiful places along the Pacific Coast.

"We are growing quickly," says Realtor Cyndy Hansen. "With careful planning by our building permit department we are making sure the comfort and convenience for commuting and enjoying our beautiful scenery will continue into the future."

"The Clark County Washington area is still one of the most desirable markets on the West Coast," says Hansen. "Compared to Seattle, Portland Oregon, or even California's market we are still enticing buyers into this area. The appreciation of the value on homes has been close to 10 percent in most cases. Yet we still have some of the best prices in desirable neighborhoods. Our communities are well planned, and our schools are thriving.

She offers, "It's a great place to retire and enjoy the tax benefits! You're only two hours at most from most anything you can want. We have many scenic areas, The Columbia River Gorge, beaches, mountains, and lots of beautiful parks with plentiful wild life. There are cultural exhibits and clubs to enjoy. You can participate in many outdoor festivals from BBQ cook off contests to the biggest Blues Festival on the West Coast. Come for a visit and see for yourself."

"Vancouver is the gateway to Clark County," says Realtor Stan Callan. "It is situated along the Columbia River just north of Portland, Oregon in the heart of the Pacific N.W. and 'Recreation Heaven.' It is the oldest city in the state, currently the fourth largest, and growing at a rapid pace due to the emergence of high-tech and manufacturing industries along with thousands of service-oriented businesses. The education systems are strong and well supported by the voters. The current sales tax is 7.8 percent and there is no state income tax. Vancouver has cultural richness along with a progressive, people-oriented government. Currently, about 153,000 people make Vancouver their home and the numbers of new residents are growing daily. The current median price of homes sold in the Cascade Park and Fisher's Landing areas of Vancouver is $186,800."

"Most areas of Clark County are within 30 minutes of Interstate bridges to Oregon (I-5 or I-205)," says Realtor Donna Wells, "Clark County is home to an International Port, the Vancouver Campus of Washington State University, a number of high-tech manufacturers including Hewlett Packard and Wafer Tech, and gateway to the Columbia Gorge, Mt. St. Helen's Visitors Center and tremendous natural beauty for pursuit of fishing, hiking, mountain climbing, hunting and water sports."

Wells explains, "Clark County has enjoyed unsurpassed growth and appreciation over the past decade. Average price of a home in Clark County in May 2004 was $235,900, up from $218,000 in May 2003. A shortage of inventory (2.7 months supply) means homes sell quickly (average market time 48 days). Average sales price has reached double-digit appreciation. The last 12 months show an average price 11.2 percent higher than for the 12 months prior. Generally, although the market is active throughout the year, the annual appreciation peaks between February and June."

Published: July 2, 2004

Blanche Evans is the publisher of Agent News and the associate editor of Realty Times, the Internet's largest independent real estate news service. She is the author of two best-selling real estate books: The Hottest e-Careers In Real Estate, Real Estate Education Company, an Internet marketing primer for real estate professionals, and homesurfing.net: The Insider's Guide To Buying And Selling Your Home Using The Internet, Dearborn, a consumer homebuying and selling guide. In 2000, she was recognized by the editors of REALTOR(r) Magazines as one of the "25 Most Influential People In Real Estate," and in 2003 when the "Most Influential" list was updated, she was recognized as one of nine "Notables." She is also a frequent contributor to "Your Money" on CNN fn.

Copyright © 2004 Realty Times. All Rights Reserved.


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Long-Term Mortgage Rates Inch Downward As Short-Term Rates Head In The Opposite Direction

McLEAN, VA -- In Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.21 percent, with an average 0.6 point, for the week ending July 1, 2004, down from last week when it averaged 6.25 percent. Last year at this time, the 30-year FRM averaged 5.24 percent.

The average for the 15-year FRM this week is 5.62 percent, with an average 0.6 point, also down slightly from last week when it averaged 5.64 percent. A year ago, the 15-year FRM averaged 4.63 percent.

One-year Treasury-indexed adjustable-rate mortgages (ARMs) averaged 4.19 percent this week, with an average 0.7 point, up from last week when it averaged 4.13 percent. At this time last year, the one-year ARM averaged 3.45 percent.

"As expected, long-term mortgage rates were relatively unaffected by the Fed's recent actions to preempt any future inflationary trend. And, as also expected, short-term mortgage rates moved upward in response to those same actions," said Frank Nothaft, Freddie Mac vice president and chief economist.

"Although we anticipate a moderation in the housing sector at some future point, with the economy picking up steam and mortgage rates still low by historical standards, the housing market will remain buoyant for at least the rest of the year," added Nothaft.

Published: July 2, 2004

Copyright © 2004 Realty Times. All Rights Reserved.


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