If building permits really are the highest in five years, as the Residential Construction report implicates, how popular is residential real estate? Truthfully, the governmental shutdown during the fall of 2013 prevented the actual numbers to support much of the reported hype. A truly accurate reflection of housing units started and completed in September, October, […]
10 Remodeling Mistakes to Avoid
According to a survey conducted by Harris Interactive for Bolster, a New York remodeling company, the remodeling process can wreak havoc on your finances, your design vision, and even your personal relationships. Avoid costly mistakes by planning well and choosing wisely. For example, clearly understand your project and create a firm budget. Communicate your expectations […]
Land Value Tax: An Alternative to the Property Tax
Americans hate property taxes. A solution may lie with the implementation of a land value tax rather than a property tax system, but the obstacles politically, legally and ideologically will probably hinder changes any time soon. Used by various local governments, the land value tax can resolve property tax efficiency issues and place much of […]
Remodeling Your Home to Add Value for Re-sale
Since the economic crisis of 2008, home equity isn’t what it used to be and neither are the bank funds available for home improvement loans. So, what can you do to make the most of your remodel dollars? Try a few of these helpful ideas: 1.) Include more open, multipurpose spaces in your home design. […]
Boomers Adapt Homes for Retirement
For many baby boomers, the goal after retirement is to live at home as long as possible, also known as “aging in place”. To accomplish this, many contractors and designers have become adept at creating functional yet fashionable spaces. Costs to incorporate new, universal design elements vary as remodels include anything from installing paddle switches […]
Homeowners Discover Benefits of Solar Energy
Green home building is fast becoming the building standard. Consumers clearly recognize the environmental and monetary benefits of installing features like solar panels and are willing to take measures to purchase them, understanding the added value to their property. Builders have come to realize that “conscious building” is in their best interest as well. Whether […]
Fewer Buyers Find Houses Affordable
Home affordability declined in the third quarter of 2013, the result of the year’s steady rise in home prices and escalating mortgage rates. The NAHB/Wells Fargo Housing Opportunity Index (HOI) reported that for families earning the national median of $64,400 just under 65% of new and existing houses sold were affordable. The third quarter decline […]
Cheap Money Primes Spigots for Home Remodeling
Homeowners are ready to renovate and banks are eager to supply the funds. Homeowners are employing the available home equity loans to improve their properties and quality financial institutions are making more money available to do so, especially given the rise in mortgage rates and decline in loan refinances. For borrowers intending to use the […]
Decorate, Remodel, Buy to Suit You
As the holidays approach and your turn your thoughts to cozy evenings entertaining family and friends, considered the style and comfort of your home. Be sure your home reflects you. Do you prefer wallpaper to paint? Are your choices of color an texture evident in your home? Don’t be afraid to deviate from the neutrals, […]
Universal Design Becoming Common in Bathroom Design
Safety and accessibility are qualities valued by everyone, especially at home. Home designers are recognizing that, across the board, areas like the bathrooms should be durable and spacious for “people of all ages and abilities.” Features like motion-sensing lights, wider walkways, custom hinges for wheel-chair accessibility to doors and cabinets are all part of meet […]
