Home Renovations Are On The Rise

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Millennials are among the most common demographic buying homes today. According to numerous reports that have been published, many homeowners are planning on conducting a home improvement project this year. In large part, this is due to millennials wanting to improve their homes. Furthermore, home improvement projects may have bigger budgets this year when compared to prior years. It will be interesting to see what kind of home improvement projects unfold this coming year. Types Of Home Improvement Projects There are numerous renovation projects that homeowners are going to undertake this year. The most common are outdoor remodels. Many homeowners…
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Low Maintenance Landscaping To Improve Curb Appeal

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Attractive landscaping is one of the first things that potential home buyers notice. They may see the landscaping in the photos of a home for sale or may even do a physical drive-by. The view of the property from the street is called "curb appeal." It is important to make this be as nice as possible. In many parts of the country, there are pressures on the water supply that make having a lush-green, living lawn very costly or even prohibited by the local regulations. Innovative technology and the use of natural ground covers, such as stone and rocks are…
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How Will Coronavirus Impact Our Real Estate Economy?

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Without a doubt, the COVID-19 (coronavirus) pandemic has impacted every part of the economy. This is a dangerous virus and has left many parts of the country on lockdown orders to prevent it from spreading rapidly. The question many people are asking is how much the real estate is going to be impacted by the virus as well. People Are Not Looking For Houses One of the biggest impacts of coronavirus is that some people simply aren’t out looking for houses. Stay at home orders and social distancing measures have prevented people from touring homes that they may be interested…
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3 Ways To Make Your Home Safer

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In the wake of the recent news reports, you might be looking for ways to make your home safer. Some of the most common accidents and events that take place in homes include poisoning events, falls, and even burglaries. The good news is that there are ways to improve the safety of your home. You might even be rewarded with a lower home insurance premium! Invest In An Alarm System It is not easy to figure out exactly how many burglaries are prevented every year by having an alarm system; however, even having a sign in the front yard could…
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Home Maintenance Projects That Could Save You Thousands On Repairs

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Owning a house comes with major responsibilities and one of the most important is routine maintenance. While many people like to skip routine maintenance in an effort to save money, the reality is that these routine maintenance is going to save people down the road. The reality is that maintenance is a homeowner's first line of defense when it comes to protecting their most valuable investment, which is their home. There are a few projects that may save homeowners thousands of dollars down the road. Inspect The Plumbing Connections It is easy to forget about the plumbing system because many…
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The 5 Best Power Tools For Home Improvement On The Market Today

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For most people, their home is the most valuable investment they are ever going to make. Therefore, it should make sense that people will want to improve its value over time. In this case, people are going to need to invest in power tools. Those who are interested in home improvement projects need to know about the five most important power tools available in today's market. A Power Drill While this might seem obvious, many people do not own a power drill. This is almost always at the top of the list of the best power tools on the market.…
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What Is Pooled-Funds Investing?

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Under the Jumpstart Our Business Startups (JOBS) Act, which was signed into law by President Obama on April 5, 2012, the Securities Exchange Commission (SEC) relaxed the rules about advertising investments. This allowed the trend of crowdfunding to expand dramatically giving real estate investors more opportunities for pooled-funds investing. What Is Polled-Funds Investing? A pooled investment fund takes in money from a group of investors to use to acquire real estate for larger amounts than each investor's money would support. Prior to the passage of the JOBS Act, these pooled investment funds were only accessible by large investors through private…
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What Is House Hacking?

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Some clever millennials are teaching the older boomers a new way to invest in real estate, which goes by the name of "house hacking." What Is House Hacking? House hacking has nothing to do with computers, although you may go on the Internet to find candidates for real estate investments suitable for hacking. The goal of house hacking is to acquire a multifamily rental property, live in one part of it and rent out the other parts for enough rental income to cover most, if not all, of the expenses of owning the property. Live Rent-Free As the on-site manager…
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Why Most People Use A Real Estate Agent Or Broker To Buy A Property

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One might wonder if the continued improvement in the access to online information about properties for sale has removed the need for working with a qualified real estate agent or broker. It has not. The trends reported by the National Association of REALTORS® (NAR) are interesting. Buyers are finding a home to purchase by searching online in larger numbers than before. In the NAR survey of homebuyers, the home was found online by the buyer for more than half of the homes purchased, with only 28% of the homes purchased suggested to the buyer by a real estate agent. Even…
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The ‘Golden Girls’ Strategy? Elderly Adults Share Home Ownership

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The "Golden Girls" trend got its name from the popular television sitcom about four elderly women who live together to share expenses. It is becoming a popular way in real life for elderly adults to share homeownership and it has many benefits. The cost of assisted living is quite high. The median cost in the United States for assisted living is $4,051 per month. In many parts of America, that amount makes a substantial mortgage payment. Rather than pay that high price to live in an adult assisted-living community, many able-bodied elderly are choosing to pool their resources and live…
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