6 Easy Ways to Boost Curb Appeal

The exterior of the home counts big for creating first impressions. Indeed, 99 percent of real estate pros say that curb appeal is a critical factor in attracting a buyer, according to the National Association of REALTORS®’ 2016 Remodeling Impact: Outdoor Features survey. Get more ideas: Amp Up … [Read more...]

Fall May Be Best Time for Buyers to Move

A slower fall season in home buying may help more lingering home buyers to jump in. Prices are easing somewhat. For the second month in a row, the median price of an existing home dropped. It reached $253,500 in August, after reaching a record high of $263,300 in June, according to the latest data … [Read more...]

What ‘Great Bones’ Really Means

“This house has great bones.” As a real estate professional, you’ve heard the phrase countless times. You’ve probably even uttered it more than once. But what do we really mean when we say a house has great bones? It’s a feature that all buyers want, but few can define. Understanding how … [Read more...]

3 Remodeling Mistakes That Hurt Resale Values

“Projects that take a home significantly beyond community norms are often not worth the cost when the owner sells the home,” says Scott Robinson, president of the Appraisal Institute. “If the improvements don’t match what’s standard in a community, they’ll be considered excessive.” … [Read more...]

Living Rooms Are Heading Upstairs

Upper-level living rooms are becoming a sought-after space among homeowners, The Wall Street Journal reports. Homeowners are finding these second-floor lounges can be cozier spaces than living areas on the first floor—and can offer more privacy, too. Upper-level living rooms—sometimes labeled … [Read more...]

Buyers Want Bigger Yards Over Bigger Homes

A property that offers a great outdoor space is taking a higher priority among home buyers. In fact, home shoppers recently surveyed said they would be willing to sacrifice some space from a larger house in order to get a bigger yard. More than half of 1,000 buyers recently surveyed—or 56 … [Read more...]

2 Major Reasons Why Inventory Is So Low

Inventory of available homes on the market is the lowest it’s been in two decades, but the reasons may surprise you. Two of the likely culprits are baby boomers and homeowners who are simply satisfied with their home, according to realtor.com®’s Housing Shortage Study. Baby boomers are … [Read more...]

Farm Life in the ’Burbs Is a Hot Commodity

More people are looking to experience farm life without buying an entire farm. That has prompted an emerging type of community that is catching on from coast to coast centered around food production, dubbed “agrihoods.” See examples of agrihoods all across the country. Suburban agrihoods … [Read more...]

Homeownership Rate Rebounds from 50-Year Low

The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing. The ownership rate posted an increase in the second quarter, reversing a sharp downward trend that begun in the Great Recession. The homeownership rate was 63.7 percent in the … [Read more...]

Owners Tackle More Remodels as Equity Rises

Spending on repairs and home improvement continues to grow at a stable rate as homeowners feel more confident about starting projects as their home values increase. That said, an annual increase in remodeling expenditures may soften somewhat in the coming months, but will likely remain at or … [Read more...]