While most people think of spring as being the height of the real estate market, the arrival of fall offers opportunities galore for buying or selling a home. As the weather cools and the leaves begin to drop from the trees, a new crop of homes comes onto the market, making the autumn the second-busiest real estate season of the year.Once summer ends and kids head back to school, the real estate m...
Some home owners turned into reluctant landlords and rented out their homes to earn extra income while the housing market was sluggish. But now some of these home owners are ready to sell.
However, real estate agents often caution clients that trying to sell a home when a tenant still lives there can be tricky since many renters — who have no financial stake in the matter — aren’t always so...
The Millennial generation is about 90 million strong—forming the
largest demographic wave in the country’s history—and some reports
suggest they’re readying for home ownership.
Millennials’ entrance into home ownership has been delayed due to the
recession, high unemployment, and high student loan debt. They’ve been
living in their parents’ homes, as well as delaying marriage and ha...
stagers are the people who sweep through homes going on the market and
make them look uncluttered and cozy without a huge investment of time or
money. What’s their secret? Stagers
have a bag of design and organizing tricks that can be useful even to
someone who has no plans to sell. They look to make a house or condo
desirable to potential buyers and maximize price. They have p...
Aspiring home owners are thinking small with their purchase, a trend that is expected to grow in the coming years, according to a report — "The Shifting Nature of U.S. Housing Demand" — by the Demand Institute, a division of the U.S. Conference Board.
“Many [buyers] will scale back their housing aspirations,” according to the report. The report projects that the average size of a new home will g...
More than 80 percent of new single-family homes have at least two bathrooms, which occupy an average of 300 square feet of floor space, or 12 percent of the total area, according to a study by the National Association of Home Builders.The home builder’s study reports a major return on value for extra bathrooms: "When the number of bathrooms is approximately equal to the number of bedrooms, an addi...
More Americans are showing a preference for living closer into the city than the outer suburbs, according to U.S. Census data. The annual rate of growth in American cities and surrounding urban areas recently surpassed the outer rings or 'exurbs' for the first time in two decades.
Residential exurbs on the edge of metro areas once were a popular place for city dwellers to flock for bigg...
A kitchen remodel might be a sexier project, but if you want the most financial return on your home improvement dollars, think curb appeal. Famous for its durability and reasonable price, lightweight vinyl siding also is easy to install, which cuts labor costs. Manufacturers keep coming up with new colors that won’t fade, so there are more choices than ever. Good-quality vinyl siding will las...
It seems so obvious...of course chic, boutique- and bistro-filled neighborhoods have higher property values than less-vibrant areas.
Now, there’s a tool that backs up that assumption with real numbers. Independent We Stand, a national group made up of small businesses, developed a calculator showing just how much a home’s value would have increased over a 14-year period if it was bolstered by a s...
are building net worth at a pace that is up to quadruple that of a
In the past
15 years, the net worth of the typical home owner has ranged between
31 and 46 times that of the net worth of the typical renter,
according to the Federal Reserve's Survey of Consumer Finances, which
is based on 2013 data.
home owners had nearly $200,000 in net worth compared...
Texas home sales to international homebuyers contributed just over $11 billion
to the state's economy between March 2013 and March 2014 and rose to their
highest level in five years, according to the 2014 Texas International
Homebuyers Report released by the Texas Association of Realtors
(TAR).International homebuyers accounted for 7 percent of total U.S.
home sales, totaling $92.2 billi...
A slowdown in home price growth and a shift in pricing power from sellers to one that more closely aligns with buyers expectations will “drive an unusual surge in home sales this fall,” predicts analysts at the real estate brokerage Redfin in its latest housing report.“Home buyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing...
Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.
Please click on this link to view the Housing Trends August 2014 Newsletter http://cddixon.housi...
More homeowners are remodeling their dwellings to create in-law
suites for aging parents, with features to make them accessible and safe
while providing plenty of space and privacy.
AARP senior policy adviser Rodney Harrell says demand for in-law
suites is on the rise as baby boomers age, and with the cost of
care-giving facilities and services soaring, it may be more affordable