The median sales price of homes with green, eco-friendly features is
$47,600 higher than for homes without any green features, according to a
new analysis by the real estate brokerage, Redfin.
Green features include solar panels, low-flow faucets, dual-pane
windows, energy-efficient appliances, strong environmental ratings, and
certifications from programs such as Energy Star or LEED.
Home owners are desiring bigger spaces again, following years of downsizing trends.Average sizes of newly built homes has increased according to U.S. Census Bureau data. And builders are reporting renewed higher demand for larger homes this year. A survey by PulteGroup showed that 84 percent of home owners between the ages of 18-59 have no intentions of downsizing, even among Baby Boomers. "There ...
If you are looking for homes for sale zoned to Crockett Elementary School in Houston ISD, you can find them here: http://houston-real-estate.houstonprimerealty.com/i/homes-for-sale-zoned-to-crockett-elementary---houston-isd...
Asian home buyers are willing to cough up the most cash for their
next home compared to other races and ethnicities, according to a study by the National Association of Home Builders. Asians expect to
spend an average of $283,469, while whites will pay $205,775, Hispanics
will pay $181,444, and African-Americans will pay $176,397, the study
NAHB notes that Asians tend to have the h...
a House to Fit All Your Needs and Wants
To find a house
is more than simply choosing a place to rest your head.
The location impacts
virtually every aspect of your life, from your commute to grocery shopping to
leisure time. A home’s layout can promote or hinder your lifestyle, and
large monthly mortgage
payments can seriously
dent your budget.
A study published in the Housing Policy Debate found that
communities that zoned too strictly for the development of large,
single-family homes are at greater risk for foreclosure versus areas
that accommodate a wider range of housing options.
Arnab Chakraborty, a professor of urban and regional planning at the
University of Illinois, remarked, "If you push too much housing in the ...
Nationally, as new home construction has risen, Bankrate.com offers these following tips for smart strategies when buying new construction:
1. Choose to escrow if not all changes are completed by closing. If the builder isn’t going to be done with all of the changes by the time of closing, “it’s probably a really good idea to escrow some money,” Ron Phipps, past president of the National As...
As home prices rise, remodelers are feeling optimistic about the home
"Remodelers' positive sentiment is directly related to increased
demand for their services," said NAHB Chief Economist David Crowe.
"Rising home prices are making remodeling jobs possible for more home
owners while existing home sales provide additional momentum as home
owners prepare their homes f...
Eighty-seven percent of 6,000 respondents recently said that their
home design influences their overall happiness, according to a new
survey by the remodeling website Houzz.
Seventy-four percent of home owners credit a remodeling or
redecorating job in the past two years for making them happier. Still,
51 percent of respondents who describe their home as “in need of work”
say they’re ha...
It is amazing how fast property values are going up in the memorial and springbranch area. There are maybe a few bargains left for those who have the money to buy quickly and invest. It is a growing market and the school district is great. Close to the best shopping centers in the city of Houston, it is attracting many international relocating families. It is worth a look ...
When new-home sales were down drastically during the recession, the changing demographics and tighter lending standards were influencing buyers’ purchasing decisions when home-shopping and changing their priorities, home builder industry experts say. “There is a lot of pressure today to retool,” says Steve Brooks, CEO of Grand Homes. “We have to redesign houses and figure out what kind of pro...
Basics of Homeowners Associations
If you live in a newer
suburban community or planned unit development—like some 63 million Americans,
according to the Community Associations Institute—you are probably a
member of homeowners associations, or HOAs.
It’s also a good bet
you haven’t given your HOA much thought until you have a problem. Since HOAs
make and enforce the c...
The housing market is starting to show some improvement after a slow
start to the year, but home sales likely will still likely be shy of
2013 numbers, according to Fannie Mae’s June 2014 Economic Outlook.
"Home price improvements have contributed to consumers’ household
wealth, but overall growth in the housing market pulled back in the
first quarter, with major housing indicators coming...
Millennials are going to be a big force in the housing industry in
the years to come, but for homebuilders, they may be trouble. Columnist
Jeff Reeve writes in The Wall Street Journal that homebuilders should be worried about millennials’ impact to their bottom line.
The generation tends to have a personal taste for urban living and
they’re financially strapped so they have less income and ...
After a sluggish start to 2014, new-home sales posted a strong rebound
in May. Sales of newly built single-family homes soared to the highest
rate since May 2008, jumping 18.6 percent last month, according to data
released Tuesday by the U.S. Department of Housing and Urban Development
and the U.S. Census Bureau."This increase is a welcome sign after a slow start to 2014," says