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
The living room—that main gathering spot in a home—is a critical part in your showings. Home stagers recently chimed in at Apartment Therapy with their favorite tips for creating a better-staged living room.One of their biggest pieces of advice centered on the tendency to cram too much furniture into one space. Ensure the living room has proper flow with sizable walkways among furnishings. Nathan Thompson with Pavilion Broadway, a luxury inte
For the first time in 25 years, federal regulators are increasing the property value limit under which buyers of certain homes must obtain an appraisal as part of the selling process. Federal banking agencies have approved a plan enabling certain homes worth $400,000 or less to be subject to an evaluation rather than an appraisal.The last time this threshold changed was in 1994, when regulators set the rule for properties worth $250,000
Despite some pushback against the open floor plan, it remains a popular layout concept for younger buyers and homeowners. Forty-three percent of millennials say they want a completely open plan for their family and dining rooms, a higher share than any other generation, according to research from the National Association of Home Builders.However, the desire for an open layout tends to drop with age: Only 40% of Generation Xers, 37% of baby b
Bathrooms are getting more technological. Many homeowners say they desire to play music in the bathroom, and they’re adding in voice assistants like Amazon’s Alexa and Google Home to make it easier to do so, new research from the National Kitchen & Bath Association shows. “Bringing voice control into the bathroom is a big request,” David VanWert, a technology integrator in Los Angeles, told Forbes.com. “Being able to ask your house
President Donald Trump on Friday signed an extension of the National Flood Insurance Program through Nov. 21, marking the 13th time the program has been granted a last-minute reprieve from expiration. The NFIP, which faces financial challenges and is billions of dollars in debt, had been set to expire Sept. 30 until Congress rushed a bill to extend the program last week.The NFIP is the nation’s largest flood insurer and provides coverage to 22,
New York is the priciest rental market in the nation, according to a new RENTCafe report. It has 28 of the 50 most expensive ZIP codes for renters nationwide. Tenants living in ZIP code 10282, encompassing the Battery Park neighborhood of Manhattan, pay an average of a whopping $6,211 a month in rent. ZIP code 10013, which includes TriBeCa, Lower Manhattan, and Chinatown, followed in the rankings with average monthly rents at $5,237.RENTCafe anal
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Pets can take a major bite out of your home’s resale value, The Wall Street Journal reports. Scratched doors, stained floors, and chewed-up furniture can prove costly for homeowners to repair.Homeowner Lexi Methvin knows all too well how pricey pet damage can be. Since purchasing her $1.25 million home in Basalt, Colo., three years ago, she told the WSJ that she estimates she’s spent between $25,000 to $30,000 on dog-related home re
September has proven to be the most volatile month for the 30-year fixed-rate mortgage since March. Average weekly movement on rates has fluctuated 11 basis points in that time, Freddie Mac reports. This week, mortgage rates fell after posting the largest uptick in nearly a year last week.“With both unemployment rate and mortgage rates below 4% and near historic lows, it is no surprise that the housing market regained momentum in home sale
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