The practice of demolishing a home to build another has changed significantly since the Great Recession. Understand when it’s smarter to demolish a fixer-upper, rather than remodel it.
Category Archives: Buyers
5 Dating Tips That Apply to Home Shopping
Finding the perfect housing match can be like finding the perfect mate, and that search isn’t always easy!
In a recent article, realtor.com® highlights how home-shopping can feel a lot like dating.
Appealing to Multigenerational Buyers
Select the photo above to read about one of the latest trends.
Where Owners Pay the Most, Least in Property Taxes
With tax burdens on the minds of many Americans as tax season approaches and election issues gain steam, one analysis of property taxes in the 50 states finds a wide spread of rates, including some surprising results.
24/7 Wall St. recently analyzed data from the Tax Foundation to review property taxes paid in each state as a percentage of home values to find which state’s home owners pay the most and least in property taxes.
4 Big Trends to Watch in Real Estate
What should you watch for this year? The Urban Land Institute recently released its “Emerging Trends in Real Estate” report, covering the U.S. and Canada, for the coming year. The report covers some of the top trends expected to impact real estate in the short and mid-term.
Here are a few trends ULI says you should have on your radar screen for this year.
The 25 strongest and weakest housing markets for 2016
With the new year, it’s still not too late to identify where the strongest and weakest U.S. housing markets will be in 2016.
A new report from Veros Real Estate Solutions, a provider of enterprise risk management, collateral valuation services and predictive analytics, shows the vitality and expected market changes of the U.S. residential market for 2016.
The recently released VeroFORECAST quarterly national real estate market forecast for the 12-month period ending Dec. 1, 2016 shows where housing will be hot in 2016 and where it will be not so hot.
In all the top forecast markets, Veros’ report shows an appreciation in the 10% range, especially in the Pacific Northwest, such as California, Washington and Oregon. Popular housing markets in Texas like Dallas and Austin also made the list.
What’s Topping Home Buyers’ Shopping Lists
Home buyers are looking for storage, energy efficiency and outdoor space, according to the latest preference survey released by the National Association of Home Builders and Better Homes and Gardens during the NAHB International Builders’ Show in Las Vegas this week.
Some of the top new-home desires cited by home buyers of all ages include separate laundry rooms, energy-star appliances and windows, exterior lighting, and a patio.
4 Must-Know Tips for Buying & Selling in 2016
What do buyers and sellers need to know to be smart about the housing market in 2016?
“The 2016 housing market is forecasted to be mainly a seller’s market, filled with increasing home prices, relatively low inventory and fierce competition between buyers,” says Jonathan Smoke, chief economist for realtor.com®. “Buyers looking to close this year need to keep an open mind and be prepared to move quickly when they find a home that meets their needs. For sellers, it’s about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly.”
Are Model Homes Falling Out of Style?
The decorated model home may be waning in popularity as more builders look to slash it from their budgets.
“While the days are gone when a builder would feature several decorated models at each new-construction community, does that mean model homes are a thing of the past?” BUILDER Online asks in a recent article.
Some homebuilders say a model home is no longer necessary.
Seattle home price increase ties for No. 1 in U.S.
Seattle is tied for having the nation’s fastest-rising home prices, according to the latest data from S&P/Case-Shiller.
The Seattle area tied with San Francisco and Tampa, Florida for posting biggest increase between September and October, at 1.3 percent, according to the data released Tuesday.
The index measures the nation’s top 20 metros. Year-over-year, Seattle home prices were 8.8 percent higher in October than in October 2014. That put Seattle fifth, behind only San Francisco, Portland and Denver (all 10.9 percent) and Dallas (9.3 percent).
Managing The Real Estate Details 