Upper-level living rooms are becoming a sought-after space among homeowners, The Wall Street Journal reports. Homeowners are finding these second-floor lounges can be cozier spaces than living areas on the first floor—and can offer more privacy, too. Read more HERE.
Open floor plans, which typically combine the kitchen, living room, and dining room in one large, open area, have dominated home design trends in recent years. But now, buyers may be starting to shun this type of layout, The Wall Street Journal reports. Read more HERE.
Legislation requires manufacturers like Google and Apple to include theft-deterring software on their phones. Most of it is packaged in the form of activation locks and remote device erasure software. It’s already in your phone, and it’s incredibly easy to make sure it’s actually on. Check HERE to be sure you’re safe.
A property that offers a great outdoor space is taking a higher priority among home buyers. In fact, home shoppers recently surveyed said they would be willing to sacrifice some space from a larger house in order to get a bigger yard. Read more HERE.
It’s been a year since Baton Rouge, La., experienced catastrophic flooding due to heavy rains. According to the Federal Emergency Management Agency, 83,000 homes damaged by the flooding were eligible for disaster assistance, with each household receiving an average of $13,100 to make repairs and $3,800 to replace essential household items.
Some residents are still recovering, says John Dickson, president of flood insurance provider NFS Edge. He highlighted five takeaways from Baton Rouge’s flood disaster.
Before you empty your bank accounts overhauling your outdated kitchen, consider giving it a face-lift with these tips from designers.
Realtor.com®’s research team studied how long it takes buyers in 12 professions to save up for a down payment, and found that the following professions will likely have the easiest to hardest time saving for a down payment:
If an interior designer walked through the front doors of your listing, what would their first impression be?
Give the house an interior designer spot test before opening it up to buyers. Realtor.com® offers a few tips from behind a designer’s lenses in a recent article.
When you receive multiple bids on your property, the highest offer shouldn’t always be their default choice. If it comes with an appraisal contingency—and the appraised value doesn’t match the sale price—you could be back at square one, looking for another buyer.
With the national median home price reaching $263,800 in June—a record high, according to the National Association of REALTORS®—home prices in many markets are escalating so quickly that appraisals can’t keep up.
Read more HERE.
Builders are slowly switching focus from the $500,000-plus luxury market to more moderate price points, particularly when it comes to single-family move-up homes. And the shift is influencing the types of materials and upgrades becoming popular in new homes, according to Home Innovation’s 2017 Builder Practices Survey. It turns out that high-end materials aren’t limited to construction of luxury real estate.