When you’re shopping for (or selling) a home, it’s normal to wonder why one home is priced five or six figures higher or lower than another home on the same block. Some factors that influence a home’s value are obvious, but what about the price influencers that are a little less obvious and more difficult to measure? HouseCanary examined five “hidden” factors that can have an impact on home Continue Reading
Real Estate Is Still The Best Long Term Investment
According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. Bankrate asked Americans to answer the following question: “What is the best way to invest money you wouldn’t need for 10 years or more?” Real Estate came in as the top choice with 28% of all respondents Continue Reading
7 Beneficial Factors To Consider Upon Choosing Your Home To Retire In
Now more than ever baby boomers are entering retirement age, the question is of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the National Association of Exclusive Continue Reading
Why It Might Be Time To Sell For Millennial Homeowners
Contrary to what many believe, Millennials are not the ‘renter’ generation. Millennials purchased a larger percentage (34%) of homes in the U.S. than any other age group in 2017 and the most recent Census Bureau report shows that the homeownership rate among Millennials is finally on the rise. Many Millennials took advantage of post housing crash prices and the First-Time Homebuyers’ Tax Continue Reading
Moving Up Is More Affordable Now Than In The Last 40 Years
Are you considering selling your current home?…To either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, in a post: Not Your Father’s Housing Market, which examined home affordability over the last 40+ years (1975-2016). Their research revealed that: “Nationally, homes are just about the most affordable Continue Reading
To Stage or Not To Stage
Some Highlights: The National Association of Realtors surveyed their members & released the findings of their Annual Profile of Home Staging. 50% of staged homes saw a 1-10% increase in dollar value offers from buyers. 77% of buyer’s agents said staging made it easier for buyers to visualize the home as their own. The top rooms to stage to attract more buyers are the living room, Continue Reading
20 Inspiring Upcycled One Of A Kind Bathroom Vanities
Dining Room Redux This mirrored console table was beautiful as a dining room accent, but it’s absolutely stunning when recycled for the bath. The top was sealed with polyurethane — an important step when repurposing furniture to accommodate plumbing — and the square vessel sinks were sealed with caulk around their edges. Hardware was added in varying shades of brown and a mix of finishes to Continue Reading
How To Refresh Your Dining Room On A Budget
See ideas for updating this sometimes-neglected space, whether you have $100 or $10,000. Continue Reading
How To Design The Perfect Laundry Room
The laundry room has finally come into its own as a bright and organized cleanup command center, whether in a tidy corner of the basement or a nook next to the kitchen. For help updating yours, check out this expert advice on everything from energy-wise machines and thrifty flooring options to the best labor-saving layout and how to safeguard your home. Continue Reading
2 Major Myths Holding Back Home Buyers
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.” Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the down payment funds needed to qualify for a home loan. Continue Reading