A first-time home buyer may need to be educated about the realities of the housing market before they fall in love with a home and then quickly lose out to another bid. To prevent heartache, real estate professionals can have frank conversations with their buyers about the realities of the competition and the amount of money it takes to become a home buyer in today’s heated market.No home will be perfect.Housing inventories are ultra-low. Any h
A new study aims to put into perspective the impact curb appeal can have in a home sale. An Oct. 13 study by Trees.com shows property values can decrease by up to 30% due to poor landscaping alone. The website surveyed 1,250 real estate professionals for its study.Seventy-eight percent of real estate professionals say poor landscaping and hardscaping negatively affect a home’s value.“Landscaping provides potential buyers with a
Real estate professionals are rapidly adopting technology for closing transactions or for marketing. Most home buyers start their hunt online so agents are casting a wide net.Forty-one percent of more than 6,000 executives and senior management at real estate firms surveyed say one of their biggest challenges over the next two years is keeping up with technology, according to the 2021 Real Estate in a Digital Age report produced by the National A
Scientists at Purdue University have created the whitest paint in the world, and their research, published in April, shows that the ultra-white color could drastically reduce or even eventually eliminate the need for air conditioning.The stark white paint works by reflecting 98.1% of sunlight away from the building. It also emits infrared heat, which means it absorbs less heat from the sun than it emits. “A surface coated with this paint is coo
Neat Loans announced that clients who get a COVID-19 vaccine will receive a $500 discount on home financing through the company. The discount applies to $500 on closing costs for residential purchases or when refinancing a mortgage loan.More companies are requiring their employees to get vaccinated prior to returning to the office. But now some firms are extending that to clients with enticing offers to motivate more people to get vaccinated agai
With more time spent on activities in the home, flexible design is becoming increasingly important to homeowners. Also, they want to bring more outdoor elements inside. These are among the latest home trends, according to Houzz, a home design and remodeling resource. Houzz researchers identified the top emerging home design trends based on search insights from homeowners and home professionals at its site.Here’s an overview of the five emerging
The price of homeowners’ insurance is on the rise, and many owners may be looking for ways to reduce their high premiums. While discounts can vary greatly based on location, size, and age of the house, some credits may be available that could reduce some homeowners’ premiums by as much as thousands of dollars per year, The Wall Street Journal reports.The average premium for a homeowners insurance policy increased 3.1% to $1,249 in 2
Fifty percent of leads that filter to real estate agents’ businesses tend to be highly qualified, and one out of 10 tends to be a seller lead too, according to research from Homesnap, a national real estate search portal.Real estate pros should cast a wide net to gather more leads over the next few months. But the market for those leads is increasingly competitive.Homesnap offered these tips on how real estate pros can attract leads a
Porch and patios are not the same. But they’re both in demand, so it’s worth knowing the differences so you can present them accurately to your home buyers.Homeowners and buyers want more outdoor space since the pandemic started, and a porch or patio can offer that.A patio is usually found in the backyard. It’s often made from poured concrete or stone pavers.On the other hand, porches are usually attached to the front of a house and covered
Homeowners have focused heavily on making the backyard more functional since the pandemic, but it’s important not to forget about style and aesthetics. Interior stylists Shelby Greene and Kate Leyendecker of furniture retailer Living Spaces offer inexpensive touches that can give the backyard a luxury look.Carving out a seating area creates a focal point for the backyard.1. Pay attention to details. Curate a corner of the backyard with mat
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