A few years ago, outdoor kitchens were considered a hot amenity, but they began to fall out of favor. In fact, in a December 2015 survey by the National Home Builders Association, builders indicated that outdoor kitchens would be one of the least likely features to be added to new single-family homes in 2016. But now, architects say homeowners and prospective buyers are showing resurgent demand for outdoor cooking spaces, according to the America
A property may not garner enough interest because of a variety of problems, including inadequate pricing or insufficient marketing.Put more emphasis on visual content. When a home isn't generating much interest, real estate agents should first take a look at the marketing materials and make sure the visuals are spotlighting the home in the best light. So make sure the photos and virtual tour are professional quality. "If photos and videos are of
Millennials may often get all the attention, but members of Generation X are really the ones who have been driving the housing market lately. Gen Xers, who are between the ages of 37 and 51, make up the second largest share of home buyers, comprising 28 percent in 2016, according to data from the National Association of REALTORS®. They also are buying the largest, most expensive homes compared to any other generation.The median price of homes pu
Here are the five key renovation strategies that are time-tested, require minimal effort and provide options for every budget. They are designed to get sellers the best bang for their buck and top dollar for their listing.1. Flooring Every single person in a household will touch the floor every day in varying degrees, whether it’s the bedroom, living room or kitchen. It comes as no surprise that upgrading the flooring is a key feature that w
An open house is a powerful tool to sell a home, yet some agents dismiss it as an old method that’s used only to satisfy the seller. They feel that the full day of work that’s required, which includes marketing, creating pamphlets, preparing the home and showing it, may not be worth their time.However, many agents feel just the opposite and continue using this method as a means to help their clients sell their homes.If you’re a real estate
One of the most stressful aspects of retirement can come down to real estate. Many retirees face several choices, like deciding whether to downsize, buy a second property, keep the family home, or move to a senior community. Realtor.com® recently featured some of the biggest mistakes experts say retirees most often make with real estate matters, including:Holding off too long on moving.If a retiree wants to purchase a second property, real estat
In the high-end market, more properties are lingering. Some sellers are having to reduce their prices in the ultra-luxury market, in the hopes of getting a quicker sale. Otherwise, those hoping to hold out for a higher price are finding they’re waiting not months but years to make a sale.For some, the waiting game is fine, though.“In most cases, my sellers don’t have to sell,” says Ann MacQuoid, a real estate professional with Berkshire H
Photos of your listing are crucial when selling a home and presenting it online to potential suitors. The New York Times recently featured several suggestions from professional stagers and interior photographers on how to achieve a picture-perfect home, including:Trim the belongings. “Instead of having lots of little things along a countertop or table, have one bold vessel or large plant, or a trio of objects that read as one whole,” says Lau
Whether you're selling an oceanfront property in Miami Beach or a Colorado mountain escape, a home's outdoor space is often key in the potential homeowner's willingness to say, "We'll take it!" With property values on the rise, it’s important to create additional living space by bringing the indoors out.No matter the size, creating an inviting area for entertainment and daily living doesn’t have to be a massive construction ordeal. Instead, j
Some of the hottest rental markets in the country may have finally hit their peak. For example, markets like San Francisco and Manhattan are posting some of the highest year-over-year drops in average rents by 4.3 percent and 2.2 percent, respectively.Nationally, rents are remaining stable. The average apartment rent is $1,312, according to data from Yardi Matrix. Rents across the country are rising, but only slightly now—by just $6 from Februa
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