Homeowners can do plenty to spruce up their home and make it more enticing for buyers. But when they're narrowing their list, what are a few quick fixes that can have a big impact? Besides a fresh coat of paint, Redfin highlighted some additional ideas on its blog, including:Update the door.A new front door can be a cost-effective update that can make a big difference, real estate pros say. “Solid wood doors are always a classic style
Homeowners seem to have a love-hate relationship with their homeowners associations. They appreciate those that mow the lawn, manage neighborly disputes, offer amenities, and organize social events, but they don’t agree with all their rules.The number of Americans living in a community association has grown over the last 50 years from 10,000 communities in the 1970s to more than 300,000 as of 2016, Porch.com reports. (Those figures also include
Eighty percent of homeowners anticipate taking on a home improvement project in the next year, and more than 70% of that group plans to do the work themselves, according to a new survey from Chase Home Lending. The top motivators for sprucing up a home include adding value to the property, creating a comfortable space for family and entertainment, and accommodating a DIY hobby, the survey of 1,000 homeowners found.“More and more, homeowners are
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Homebuyers looking for a purchase loan and homeowners who want to refinance are responding well to low mortgage rates. “While mortgage rates generally held steady this week, overall mortgage demand remained very strong, rising over 50% from a year ago thanks to increases in both refinance and purchase mortgage applications,” says Sam Khater, Freddie Mac's chief economist. "As economic growth decelerates, it is clear that low mortgage rates wi
Home shoppers are increasingly sizing up the yard space of homes they’re considering purchasing. The top outdoor features they’re eyeing include the deck, entertainment space potential, and size of the front yard.However, the reality that many consumers are facing is that most new homes have less yard space. Having more space for a larger home is one reason. But a fallout from higher costs of lots and rising
The kitchen continues to gain popularity as a multifunctional and social space, and its design is increasingly reflecting that, according to Cosentino Group’s newly released “2019 Global Kitchen Study,” a reflection of worldwide trends in kitchen design. The study compiles findings from a survey of kitchen studios around the world and insights from design experts.“While losing its nature as a purely ‘culinary’ space, the kitchen
Certain home remodeling projects are making homeowners happier and proving to be well worth the cost and time when they sell their properties, according to a new survey from the National Association of REALTORS®, which includes insights from the National Association of the Remodeling Industry.After completing a home remodeling project, 74% of more than 2,100 consumers surveyed reported having a greater desire to be in their home, 65% say th
Americans are growing concerned by the growing threats of an economic slowdown, but that doesn’t seem to be affecting housing. Recent housing reports are showing that lower mortgage rates are buoying buyer demand into the fall months.“Despite fears of an economic slowdown, the housing market continues to be a bright spot in the economy,” says Sam Khater, Freddie Mac’s chief economist. “While mortgage rates have ticked up in recent weeks
The National Association of REALTORS® has named five real estate professionals as its 2019 Good Neighbor Award winners, spotlighting the practitioners’ impact on their communities through volunteer work. Five honorable mentions also have been named. The honorees represent many noble causes, from housing homeless military veterans to fundraising for new treatments for sick children.This year marks the association’s 20th celebrating the Good N
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