Posts Tagged ‘Reports’

Why Minnesotans Prefer A Home Office More Than Any Other State Reports Home Destination

Thursday, December 20th, 2012


Minneapolis, Minnesota (PRWEB) December 20, 2012

“Over 10% of US employees are now working from a home office,” according to a recent Stanford University report titled “Does Working From Home Work?” and released in November. However, Connected Nation findings show that closer to 22% of Minnesota’s workforce, work from a home office – a larger percentage of residents than any other state surveyed by Connected Nation.

Home Destination summarizes the top reasons Minneapolis real estate trends and Minnesota residents choose a home office:

1) save money on gasoline

2) save money on vehicle maintenance

3) save time driving

4) more productive during work hours

5) a better balance between home and work life

6) avoid driving in harsh winter weather

Stanford’s University released findings were conducted from a treatment group consisted of a 13,000 employee NASDAQ-listed Chinese firm, Ctrip Employees who worked from home four days a week for nine months and a control group who were in the office all five days in the work week. After employees were allowed to choose whether they preferred to work from a home office or the shared office work space, the performance impact of WFH more than doubled. Stanford’s findings highlight the benefits of choice alongside modern flexible work practices, like being given the option of working from a home office, according to the study.

Home Destination’s owner Jenna Thuening says, “A home office is on its way to becoming an essential item on a house buyer’s wish list as 22 % of Minnesota workforce works from a home office and the trend seems to be growing. Setting up a home office should involve more than functional planning – its best if it is well designed, too. Should you decide to sell your home, having your home office furniture and accessories coordinate with wall and floor coverings will count in the same manner as any other room in the home to a real estate buyer.”

Key points of interest in the Stanford study indicating the trend toward increased in home offices include:


Home workers also reported improved work satisfaction and their job attrition rate fell by 50%.

When given a choice, half of the volunteer group decided to work from a home office, with the other half were still in favor of office working.

Findings suggest the large impact of work flexibility on employee performance a $ 2000 per employee reduction in costs and a 30%increase in the impact on total factor productivity (TFP).

Minnesota has the highest number of employees who utilize a home office, according to a report from the Minnesota Telework-Force. Approximately 570,000 Minnesotans, or 22% of the workforce, work from a home office – a larger percentage of residents than any other state surveyed by Connected Nation. Key findings in Minnesota’s Telework-Force Report are:

The average teleworker in Minnesota saves approximately 1,934 miles per year on driving time commuting back and froth to work.

Nearly 1/4 of Minnesota employed teleworkers (23%) say they telework every day, rather than commute to and from work. On average, Minnesota teleworkers say they preform their professional duties from a home office 1.6 days per week or a total of 80 days per year.

Each individual opting to work from a home office saves an average of $ 343.16 on car maintenance and prevents 1,411 of CO2 emissions entering the atmosphere.

Across Minnesota, this equals nearly $ 196 million saved and 804 million fewer pounds of CO2 emissions each year as a result of workers who opt for a home office.

Approximately 695,000 employed Minnesotans would telework if their employer allowed it, and 157,000 Minnesotans who are currently unemployed said they would be interested in working if telework was an option.

More than 4 out of 10 Minnesota businesses with 50 or more employees (43%) allow employees to choose home offices.

Nearly 1/2 of Minnesota businesses in the Financial and Professional Services sector (48%) office from home.

“With nearly 1/2 of Minnesota businesses and professional services allow their employees to work from a home office, home buyers and sellers are increasing finding room to create a home office. It makes sense with today’s trends,” says Thuening.

In addition to the hundreds of thousands of Minnesotans who currently work from home, many more are interested in working from a home office, according to the Connected Nations report.

Supporting reasons for trending toward working from home are highlighted by United States Office of Personnel Management: “Telework program benefits extend from the individual to larger communities. Teleworks potential to enhance work-life balance for individual employees is well documented. Implemented widely across agencies, telework has the potential to improve quality of life for communities, for example, by reducing traffic congestion and pollution. Increasingly, however, the potential for agency benefits drives telework implementation.”

If you are a Twin Cities resident seeking to either buy or sell a Minneapolis area home with a home office as a criteria, call Jenna Thuening at 612-396-7832.







Regent Property Group Reports Austin Real Estate Market Seeing Upswing in Development Projects

Friday, November 9th, 2012


Austin, Texas (PRWEB) November 08, 2012

After several years of a construction dry spell, compared to pre-recession years, Regent Property Group is reporting that Austins real estate development market is steaming strongly ahead in both new home construction, such as Austin luxury homes, and in large-scale developments throughout town. A pipeline of planned projects is packed, with new Belterra homes and Steiner Ranch new construction homes helping lead the way in new housing projects, and new apartment complexes and hotels making construction cranes visible throughout the city.

Many real estate projects that had been sidelined during the economic slow years have received the needed financing now, said Austin luxury REALTOR Brian Talley, And the developers of those projects are eager to push forward and break ground. These projects mean more jobs, more available housing, and more room for guests to Austin, all of which benefit the entire city.

The surge in new development projects in the real estate market is further evidence that Austin has fared better than most metropolitan areas did during the economic downturn. Commercial Texas LLC, an Austin-based commercial real estate services firm, is one of several companies taking part in the development projects, and is designing four large-scale apartment projects in and around the skyscraping downtown Austin condos, ranging from eight to 24 stories. Other newly announced projects include an office tower Cousins Properties Inc. plans at Third and Colorado streets downtown and White Lodging Corp.s plans for Austin’s biggest hotel, a 1,012-room JW Marriott convention hotel that is set to break ground in June. In addition, Manchester Texas Financial Group is forging ahead with a convention hotel planned for East Cesar Chavez and Red River streets.

“Professionals in the fields of real estate, architecture, design, and construction all are feeling optimistic that this growth spurt will be a catalyst for further positive development, including new office and retail in Austin, Talley said. “A lot of development deals are happening here because the people who develop, who finance, and who invest know Austin is a desirable place to be.

About Regent Property Group

Regent Property Group LLC is a top Austin real estate company owned and managed by real estate broker and luxury home REALTOR

Retirement Investors Turning to Master Limited Partnership Investments Through a Self-Directed IRA to Bolster Their Retirement Savings, IRA Financial Group Reports

Sunday, September 23rd, 2012


Miami, FL (PRWEB) September 21, 2012

IRA Financial Group, the leading facilitator of self-directed IRA LLC solutions has seen a strong growth in demand for retirement account holders looking to bolster their retirement savings by diversifying their retirement portfolio and making investments into oil and gas master limited partnerships (MLPs).

Over the last 6 months, we have seen a significant a number of new clients looking to use retirement funds to make investments into oil and gas master limited partnerships in order to improve their retirement prospective even though there may be a potential tax on the income, stated Maria Ritsi, a paralegal with the IRA Financial Group. Using a self-directed IRA to invest in a MLP is allowed by the IRS, however, using an IRA to make the investment could trigger a tax since the income could be considered unrelated business taxable income (UBTI). “In other words, if the income is considered active business income and is not considered passive, such as a royalty, a tax of approximately 35% can be imposed on the income generated by the MLP,” stated Ms. Ritsi.

Since the stock market crash of 1998, many Americans have been disheartened with the conventional buy-and-hold approach to retirement investing and the dismal returns it has provided. Accordingly retirement investors, especially baby boomers are eager to improve their retirement prospects. What we have noticed is that a large portion of investors are seeking to use a self-directed IRA to take advantage of the attractive returns that master limited partnerships, especially in the oil and gas industry have been providing, stated Ms. Ritsi.

Our average client has approximately $ 125,000 in their retirement account, which is inline with the average American, stated Jacky Ospina of the IRA Financial Group. Americans collectively are $ 6.6 trillion short of the amount needed to retire comfortably, according to a 2010 analysis by the Center for Retirement Research at Boston College. American retirement investors are enthusiastic to increase the value of their retirement accounts and are looking to a self directed IRA as an answer, stated Ms. Ospina.

The IRS has always permitted an IRA to make limited partnership investments. As the manager of your Self Directed IRA LLC, the IRA holder will have control over his or her IRA funds so that you will have direct control and the ability to make non-traditional investments, such as master limited partnership investments stated Ms. Ospina. Even though the tax advantages offered by the MLP are not as attractive for a retirement account, a high number of self directed IRA investors are seeking to invest in MLPs to generate higher returns for their retirement funds, stated Ms. Ritsi.

A Self-Directed IRA, also called a Self-Directed IRA LLC with checkbook control, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. IRA Financial Groups Self-Directed IRA involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make investments, like MLPs and not just investments forced upon you by Wall Street.

With a self-directed IRA with checkbook control established through IRA Financial Group, an investor is able to use retirement funds to make MLP investments penalty free. Some investors have also used Roth IRA funds to make MLP investments so that any future distribution of investment gains will be tax-free.

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.

IRA Financial Group is the market’s leading checkbook control Self Directed IRA Facilitator. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.







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