When a homeowner makes the decision to upgrade flooring in one area of the home or throughout the entire space, there are numerous materials that may be considered. While each material option has its unique benefits and advantages, many are drawn to hardwood flooring as an option. This is a material that has the potential to boost home value, and a closer look at its benefits will reveal why this is the case. A Durable, Long-Lasting Material With many flooring options, homeowners understand that the material will need to be replaced or upgraded over the years. With hardwood flooring, the … [Read More...]
According to the Case-Shiller 20-City Home Price Index for April, home prices slowed from the March reading of 4.30 percent year-over-year to 4.20 percent year-over-year. David M Blitzer, Chairman of S&P Index Committee, said that home prices are not accelerating and characterized slower home price growth as "sustainable as compared to double-digit appreciation in home prices seen in 2013." The disparity between wage increases and home price growth was keeping would-be-buyers on the sidelines; so slower gains in home prices may bring more buyers into the market. Denver Claims Top Spot for … [Read More...]
There are numerous steps that must be taken to properly stage a home, and some sellers can easily become overwhelmed by all of the tips and steps they have been told to follow. It may be acceptable to skip over some of the steps to save time or money when staging a home, but there are some mistakes that homeowners can make that can have negative results. Leaving Personal Hygiene Items Out A common staging tip relates to storing all personal items out of site, and the reason for this is so that home buyers can see themselves living in the home as opposed to feeling as though they are in someone … [Read More...]
Last week's economic news was largely positive as both new and existing home sales beat expectations. FHFA reported that home price growth held steady in May, while weekly jobless claims edged up, but were lower than expected. New and Existing Home Sales Exceed Expectations According to the Commerce Department, new home sales reached 546,000 on an annual basis for May. This surpassed expectations for 525,000 new homes sold and April's revised reading of 534,000 new homes sold. Expectations were based on the original reading of 517,000 new homes sold in April. Existing home sales rose by 5.10 … [Read More...]
Many people look forward to the long, relaxed, sunny days of summer, but they also dread opening up their energy bills throughout the summer months. Cooling a home can be costly, and many are searching for convenient ways to lower cooling costs without sacrificing on comfort inside the home on the warmest days of the year. These are just a few of the cost-effective and convenient options that can help homeowners to reduce cooling costs throughout the summer. Keep The Blinds Closed A significant amount of heat can enter a home through the windows, and blinds and curtains provide an extra layer … [Read More...]
Selecting the right home to purchase for a family is a monumental task, and this process can seem even more challenging for those with a large or growing family. A common goal may be to give everyone ample space to stretch out and feel relaxed, but some home buyers may also be focused on other factors like location, cost and even the general style of the home. While choosing the perfect home for a large or growing family is not easy, the process can be simplified by focusing on a few points. Focus On Storage Space There are few things that can make home life more miserable in the coming years … [Read More...]