Does your current home no longer serve your needs? If so, you may be torn between the decision to renovate it or relocate to a new home. This can be a difficult choice, and there’s a lot to consider. This includes potential costs, long-term financial implications, and quality of life.
With so much at-home time due to the pandemic, higher home prices and rising interest rates, many people have chosen to stay put and make their homes and yards more functional and comfortable. In fact, in a recent survey, 72 percent of homeowners said they’d prefer to make home upgrades instead of selling their home. What remodeling projects are the most popular, and what’s their return on investment?
We’ve all spent a lot more time at home over the past year. And for many of us, our homes have become our office, our classroom, our gym—and most importantly, our safe haven during times of uncertainty. So it’s no surprise to see that design trends for 2021 revolve around soothing color palettes, cozy character, and quiet retreats.
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.
If you’re a current homeowner, or in the market to buy, you’re probably curious about the latest trends in home design.
Sellers who make strategic updates before listing a property can generate increased interest from buyers. In some cases, they’ll even get a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget.
Great curb appeal not only makes your home the star of the neighborhood, it can also improve its value and help you sell it for more. Whether you’re thinking of listing your home or just want to make your home the envy of your neighbors, here are several quick ways to increase your home’s curb appeal.
If you need to hire a contractor for a project in or around your home, you want to make sure you hire the right one. Here are some tips to help you do that.
GET RECOMMENDATIONS
Get recommendations from family or friends. I can recommend contractors and am always grateful for any recommendations you have for me. You can also check with building inspectors and supply houses to see who they recommend.
Remodeling projects are on the rise! Last year the home improvement market grew by over five percent and one in five new homeowners undertook a home improvement project. This year the Leading Indicator of Remodeling Activity (LIRA) expects home improvement spending to continue to increase by as much as 9.9 percent over last year. Metrostudy’s Residential Remodeling Index (RRI) also predicts growth in home improvement spending. This is good news for job seekers and the economy in general.
As part of their 2014 consumer advertising campaign, the CALIFORNIA ASSOCIATION OF REALTORS® is offering a $10,000 furniture makeover sweepstakes. You could win!
Courtesy of NBC, one random winner will receive a $10,000 check to purchase new furniture and other home furnishings.