Question: I read that a 1% increase in mortgage rate is equivalent to a 20% increase in the price of a home. (It was in the context of encouraging people to buy now, with low rates). How is this calculated?

Answer: The cost of a home is for the most part, the interest paid on the loan. You can sell a home, and reclaim most of your equity, but the interest you pay is gone. So if current interest rates are 5%, a 20% increase in the rate is 6%. It is quite an eye opener to see the total amount of interest paid on a loan. However, it is also quite a large sum if you add up your rent for the next 30 years. I am a big fan of buying your own home now, but 6% interest isn’t so bad. So buy only when you have found a home you really like, even if it means missing the lowest rate. Also, pay $100 extra toward your principle each month when you own your house. You will love how much money that can save you.

Photo Credit: Christian Guthier.

The American Visionary Art Museum (AVAM) is an art museum located in the Federal Hill neighborhood at 800 Key Highway in Baltimore, Maryland. The city agreed to give the museum a piece of land on the south shore of the Inner Harbor under the condition that its organizers would clean up residual pollution from a copper paint factory and a whiskey warehouse that formerly occupied the site. It has been designated by Congress as America’s national museum for self-taught art.

The founder and director of the AVAM is Rebecca Alban Hoffberger, a former psychiatric nurse who left her job to “trumpet the wonders of raw human creativity”. The museum was opened to the public on November 24, 1995.

AVAM has 55,000 square feet of exhibit space but has a permanent collection of only 4,000 pieces. The collection includes works by visionary artists Ho Baron, Clyde Jones, Vollis Simpson and Ben Wilson as well as over 40 pieces from the Cabaret Mechanical Theatre of London. Some of this work is displayed in a gallery on the first floor of the Main Building, throughout the James Rouse Visionary Center, and outdoors when new temporary themed exhibitions are being installed.

The museum has no staff curators, preferring to use guest curators for its shows. Rather than focusing shows on specific artists or styles, it sponsors themed exhibitions with titles such as Wind in Your Hair and High on Life. Hoffberger takes pride in the fact that AVAM is “pretty un-museumy”.

Source: Wikipedia

The Baltimore Office of Promotion & The Arts has created the Free Fall Baltimore Event. Throughout the month of October the following Museums and Arts venues are offering specific performances, events, workshops, and exhibits for free:

• American Visionary Art Museum
• Baltimore & Ohio Railroad Museum
• Baltimore Museum of Art
• Baltimore Museum of Industry
• Contemporary Museum
• Homewood Museum
• Maryland Institute College of Art
• Reginald F. Lewis Museum of Maryland African American History & Culture
• School 33 Art Center
• The Walters Art Museum

Space is limited for some of these events. Advanced registration may be needed.

Today I’ll highlight a little more about what is happening at the American Visionary Art Museum.

On Friday October 2nd at 7pm, there will be a preview party for “Life, Liberty and the Pursuit of Happiness”. There is limited access and reduced admission pricing until the opening which is Saturday October 3rd.

On Sunday October 25th, as part of the Free Fall Baltimore event, the American Visionary Art Museum is having an open house with free admission. They will be featuring their new exhibit “Life, Liberty and the Pursuit of Happiness” with music, performances, and a panel discussion:

Life, Liberty and the Pursuit of Happiness
A celebration through a variety of performing arts media of the museum’s current exhibition: “Life, Liberty and the Pursuit of Happiness” featuring performances from the Maryland Correctional Training Center by Baltimore-based playwright Bashi Rose. Theatrical pieces/film from the Hagerstown prison showcase meditations on civil rights from the perspective of these incarcerated men. Mr. Rose will also serve as a member of a panel discussion for the Life, Liberty and Pursuit of Happiness exhibit. Free admission to the museum.

Sun Oct 25 10am – 6 pm
No advance reservations required.

Since 1999 the American Visionary Art Museum has been sponsoring the east coast Baltimore Kinetic Sculpture Race. The 2010 event will be on Saturday May 1st. This is an amazing event, and it deserves a blog post of it’s own. I have some time before that post is timely, but if you want to enter, you may want to start building over the cold winter. Maybe a house with a heated garage would warm your heart a little.

Photo Credit: Vox Efx.

The Walters Art Museum, located in Baltimore, Maryland’s Mount Vernon neighborhood, is a public art museum founded in 1934. The museum’s collection was amassed substantially by two men, William Thompson Walters (1819-1894), who began serious collecting when he moved to Paris at the outbreak of the American Civil War, and Henry Walters (1848–1931), who refined the collection and rehoused it in a palazzo building on Charles Street which opened in 1909. Upon his death, Henry Walters bequeathed the collection of over 22,000 works and the original Charles Street palazzo building to the city of Baltimore, “for the benefit of the public.” The collection touches masterworks of ancient Egypt, Greek sculpture and Roman sarcophagi, medieval ivories, illuminated manuscripts, Renaissance bronzes, Old Master and 19th-century paintings, Chinese ceramics and bronzes, and Art Deco jewelry.

Source: Wikipedia

The Baltimore Office of Promotion & The Arts has created the Free Fall Baltimore Event. Throughout the month of October the following Museums and Arts venues are offering specific performances, events, workshops, and exhibits for free:

• AMERICAN VISIONARY ART MUSEUM/BASHI ROSE
• BALTIMORE & OHIO RAILROAD MUSEUM
• BALTIMORE MUSEUM OF ART
• BALTIMORE MUSEUM OF INDUSTRY
• CONTEMPORARY MUSEUM
• HOMEWOOD MUSEUM
• MARYLAND INSTITUTE COLLEGE OF ART
• REGINALD F. LEWIS MUSEUM OF MARYLAND AFRICAN AMERICAN HISTORY & CULTURE
• SCHOOL 33 ART CENTER
• THE WALTERS ART MUSEUM

Space is limited for some of these events. Advanced registration may be needed.

Today I’ll highlight a little more about what is happening at The Walters Art Museum.

The Walters Art Museum is located at 600 North Charles Street in Baltimore City. Since 2006, the permanent collection has been free admission. The featured exhibitions require admission, or a museum membership. During this event the following is free as well:

Lectures, Concerts, Exhibits, Family Festivals and Mysterious Evenings
Lunch and Learn–Tiny Treasures with Great Power
Bring your lunch to the Graham Auditorium & hear Ben. C. Tilghman, Zanvyl Krieger Curatorial Fellow, Manuscripts & Rare Books, discuss “miniature art” in conjunction with The Walters exhibition: Shrunken Treasures: Miniaturization in Books and Art.
Thur Oct 1 12:15pm-1:15pm
Pre-registration recommended

The Red Cedar Trio
Award-winning Iowa-based chamber ensemble performs a program of new music inspired by Roman artworks
Sun Oct 4 2pm
Pre-registration recommended

Ignite Baltimore
Only 16 People can speak for five minutes on any topic using 20 slides. Come join the fun! To be selected, visit www.ignitebaltimore.com
Thur Oct 22 7pm-11pm

Opening Day Talk – Heroes: Mortals and Myths in Ancient Greece
Introduction by Sabine Albersmeier, Associate Curator of Ancient Art, The Walters Art Museum
Sun Oct 11 2pm
Pre-registration recommended

First Fridays at The Walters
Every First Friday from 5:30pm-8:30pm
Visit www.thewalters.org for specific details

Master of the Macabre: A Night at the Museum with Edgar Allan Poe
A mysterious evening of gothic music, Poe readings, and explorations of the Walters’ Chamber of Wonders.
Fri Oct 2 5:30pm-8:30pm

October Drop-In Art Activities: Bump in the Night
Bring the family in for a month of celebrating Edgar Allen Poe through art. Create illustrated Poe stories, nighttime creature sculptures, moonlit silhouette shadow boxes and some of the critters you might find in the Walters’ collection.
Every Sat & Sun in Oct 10am – 3pm

Free Family Festival of Champions
Discover your inner superheroes and explore famous characters from ancient Greece to modern times. Celebrate local Baltimore heroes and create artwork honoring champions. Enjoy imaginary journeys with storytellers, musicians and theater groups.
Sat, Oct 24 10am-4pm

Heroes Weekend Walk-in Tours
Sun Oct 25 2pm

Photo Credit: Vox Efx.

A great feature of this website is the automatic home search. You can set this up yourself, or ask us for help. Here is a sample of what I will ask you to get started. This is based on a real email I’ve sent, with the details changed to protect my visitors privacy.

Hello,

I received your request today for help setting up the search robot. I
would be glad to help.

I will need some information to make this useful. We can start off
general, and make the search more specific as we learn more about what
you are looking for in a house.

The home you mention is in Reisterstown. Do you want to limit to
Reisterstown, or cover a larger area? We can center around a location,
like your place of work. We can center on Reisterstown, but zoom out
for a larger area. So first question: What area to search?

The home you were looking at started at $425,000 and has dropped to
$395,000. So question number two: What price range are you looking in?

This home is a detached home. Condos and townhomes are other choices.
So third question: Limit to detached homes?

This home is 3 bedrooms with 2 and a half baths. Is this the minimum
to search for? Fourth question: How many bedrooms and baths?

This home is on a quarter acre of ground. We don’t have to limit this,
but if you like we can find only homes with a certain amount of
ground. Do you want a lawn, or less grounds to care for?

That is good for a start. I will take your answers and setup an
automatic search. Every time a home that meets your criteria comes on
the market, you will get an email. It is a great way to keep a low key
home search on simmer. When something catches your eye, or if you are
ready to look in earnest, we can show you the homes. We arrange
private tours of the homes you choose. Some homes look much better
than their pictures. Seeing the homes in person is one of the exciting
parts of home shopping.

Thanks for stopping by my site at www.HelpShop.com. I hope my
questions put you on the right track for your home search.

In the meantime, I realize you are currently in the information
gathering stage, and may not be ready to “open up” about who you are,
or what your needs are at this time. Be assured this is perfectly
okay, and that Maggie and I will completely respect your online
privacy.

Also, keep in mind that my ability to help you is dependent upon
understanding your particular needs and wants with respect to finding
a home. So when you are ready to explore your real estate needs
further, I will be happy to assist you.

Have a great day, and I look forward to hearing from you.

Peter

Peter Baumbach, Realtor
Long & Foster Real Estate Inc.
Graduate Realtor Institute
peter@helpshop.com
www.HelpShop.com
410-317-7662 (Direct)
410-795-9600 (General Office Line)

Take the next step and send me an email.

Photo credit, Jelene Morris.

NASA – Water Detected at High Latitudes on the Moon

NASA’s Moon Mineralogy Mapper, an instrument on the Indian Space Research Organization’s Chandrayaan-1 mission, took this image of Earth’s moon. It is a three-color composite of reflected near-infrared radiation from the sun, and illustrates the extent to which different materials are mapped across the side of the moon that faces Earth.

Small amounts of water were detected on the surface of the moon at various locations. This image illustrates their distribution at high latitudes toward the poles.

Blue shows the signature of water, green shows the brightness of the surface as measured by reflected infrared radiation from the sun and red shows an iron-bearing mineral called pyroxene.

“Buy land—they’re not making any more of it” might not strictly be true anymore. We just added beach front on the Moon as an option.

Image Credit: ISRO/NASA/JPL-Caltech/Brown Univ./USGS

I'm Emily. Adopt me at the Baltimore Humane Society.

Every Wednesday, the Baltimore Humane Society hosts a hike. The animal shelter is fortunate to have a beautiful property with many acres in Baltimore County off of Nicodemus Road. The hike is longer during the summer months, but you do get a nice tour of the grounds. The clever part, is on the hike you are provided with a dog for a walk. If you have your own dog, you can bring him instead. Maggie and I went today. We were given dogs that know each other, so we could walk together. Otherwise, you are asked to keep five feet or so away from other dogs. I ended up practicing my calm assertive energy that I learned about on the Dog Whisperer TV show, and walked Suzanne. Suzanne is a cute adult Jack Russell Terrier. I think she enjoyed the walk.

Before you start, there is a registration form for first timers. While waiting for everyone to sign up, and the event to begin, Maggie and I visited the cat shelter. The cats aren’t taken on walks, and miss out on this great advertising. Many dogs end up getting adopted from these walks. The event itself is not that large. I make it sound huge, but there was about 20 people. Our former vet is now the Humane Society vet, and she was telling us that the dogs are quickly adopted. The cats however are at capacity. Maggie and I can tell you that we saw many cute kitties we would like to take home. We do however already have six of our own. Giles is our alpha cat, and we would have to get his permission first.

Whether you prefer dogs, cats, or both, there is something great about sharing a home with pets. Unfortunately renters are faced with the extra difficulty of finding a home that accepts pets. Many pets end up in the shelters because someone wasn’t allowed to keep them in their home. As Realtors, a common request is to help someone find a suitable rental that will accept a dog. Certain breeds make it extra difficult to get approved. We will gladly try and find you a place. However, when you own your own home, you get to decide who is family. It is one of the great empowering parts of the American Dream. Your own home with your loving family that includes pets. We will gladly help you with that too.

Find out about the hike at https://www.baltimorehumane.org/hike-rsvp.

Find out the story of the stray cats and dogs, with pictures, at https://www.baltimorehumane.org/adopt-a-cat/available-cats and https://www.baltimorehumane.org/adopt-a-dog/available-dogs.

Yesterday I told you about the Baltimore Sun”s Baltimore County Crime Map. Today I would like to point out that the Sun did two counties. Here is a picture of their Anne Arundel County Crime Map. It has all the same features as the Baltimore County map.

To try it yourself, go to Anne Arundel County Crime Map.

The Baltimore Sun has put together a mashup of crime data and Google maps. This picture is only an example. As a test I made a heat map of traffic stops in Baltimore County. I had some troubles getting the mashup page to work. If you also have trouble, you might try more than one browser. The successful test was with Google’s Chrome browser.

To try it yourself, go to Baltimore County Crime Map.

New York’s ‘skinniest house’ is on sale for 2.7 million dollars. It is only 9 1/2 feet wide. It is located on 75 1/2 Bedford St. in New York City. The current owner bought it in 2000 for $1.6 million.

Photo Credit, Steve Johnson.

A very skinny house in Fremont neighborhood, Seattle.

Photo Credit, Ryan Godfrey.

This looks like a skinny house in Amsterdam. The size is deceiving, because the house gets wider in the back.

Photo Credit, kraskland.

This Amsterdam house is one of the skinniest. Kraskland explains “At one time houses facing the canals were taxed based on the width of the structure, so there was great incentive to make them very thin. Here’s the skinniest one in Amsterdam. ” But, this next one might be skinnier?

Photo Credit, eclipse_etc.

Another skinny Amsterdam house. This one does look skinner than the previous one doesn’t it?

Photo Credit, liverd_00.

This pink house is in South Carolina.

Photo Credit, Adair Broughton.

This house is in Helsby England. At first it doesn’t look that skinny. But notice the parked Mini Cooper. Now you get some idea of scale. This home may have been a spite house to block someones view.

Photo Credit, Jeff Laitila.

It is a little dark outside here in Shitamachi, Tokyo Japan.

Photo Credit, Janet Calcaterra.

This skinny house is at 44 Hull Street in Boston. Wikipedia says

The structure was apparently built as a “spite house” shortly after the American Civil War. According to local legend:
…two brothers inherited land from their deceased father. While one brother was away serving in the military, the other built a large home, leaving the soldier only a shred of property that he felt certain was too tiny to build on. When the soldier returned, he found his inheritance depleted and built the narrow house to spite his brother by blocking the sunlight and ruining his view…

Photo Credit, Alyosha Efros.

This Paris building is thin but pretty wide.

Photo Credit, Jennifer.

As you can see this house was for sale during the winter. I tracked down the listing, and it is still for sale. The price is $49,900 in Rockford IL. The house is bigger than it looks. This is a triangle. There is a garage even. Still only one bedroom and one bath.

I found this on Digg.com. There aren’t any details, and wonder if it is even real. If anyone has additional news or can tell me where this is, please comment.

A common source for “created” images is Worth1000.com. Here is an image from Worth1000 that has a similar spirit.