The nation’s median home price is up to $236,400 according to the National Association of Realtors. That’s ‘6.5% above the year-ago price and above the peak price set in July 2006,’ said USA Today.
Here’s what’s to love: real estate has roared back with a passion and agents, both new and seasoned are seemingly working smarter rather than harder. That’s powerful and a trend most of us that have been around the real estate block a while can’t wait to watch continue to grow and grow. Seeing agents succeed, work to the top of their game, without breaking the bank, or burning out will never grow old.
The square footage of a home can work for or against you as a seller. Buyers tend to think bigger is better, but your smaller home may actually feel more spacious than one that has a bigger footprint. Or your large home may actually be more livable than lavish square footage would suggest.
Remember the old rollover? It provided a tax benefit for those of us who sold and then bought principal residences before 1997. That old friend is no longer with us. However, for many taxpayers who are now considering selling a home, its memory lingers on – and can haunt them financially.
Our board is concerned about some of the structural changes made by owners like cutting concrete foundations, moving walls and plumbing modifications that tie into the main lines. Is there a statute of limitations to bring action against an owner for illegal or unapproved modifications?
Giant hogweed and wild parsnip are spreading across Canada. The invasive plants can cause skin inflammation, burns and even blindness. Here’s what to do if you find them on your property.
t appears likely that the California legislature is about to enact a major bill that will provide a permanent source of funding to create housing for low-income individuals and households. The legislation, Assembly Bill 1335, introduced by Assembly Speaker Toni Atkins (D — San Diego), is expected to raise $300 – $500 million annually. Where will all this money come from? Current and future California homeowners.
A boring bedroom could lead to other boring pursuits in the room. Or even poor sleeping patterns. Time for a re-do? Excellent. Let’s consider some options.
A large, open kitchen may be the dream of most homebuyers today, but with restrictive budgets, smaller square footage, or homes that were built before this trend took over, not all are making the grade. If you find yourself with a smallish kitchen, there are ways to make it feel more spacious.
When wood absorbs moisture, it expands and crumbles, allowing the primer and paint on top to lose their grip. Aging paint or improperly prepared paint can easily lose integrity. While not all peeling can be avoided, it can be delayed and prevented with proper preparation and maintenance.