Real estate pros may be smart to carve out a new-home niche in the Dallas-Fort Worth, Texas, region. The metro area saw the highest number of new-home construction in the first quarter, according to new data from Metrostudy Inc.Home construction in the metroplex totaled more than 34,500 units on an annualized basis, topping Houston’s 30,206. Central Florida was third in construction, with about 28,000 homes last year.Metrostudy says that housin
Homeowners are showing more love for their front yards, carving out a spot to mingle with neighbors and relax. A new article at realtor.com® says front yards and porches are among the hottest outdoor trends of the season—a trend that is stretching way beyond just Southern states.“People are rediscovering the joys of using the front yard and porch as an extended living room,” Pablo Solomon, a designer in Austin, Texas, told realtor.com®.
A remodeling labor shortage continues to impact housing projects by increasing prices and delaying timetables, a new survey from the National Association of Home Builders shows. Remodeling jobs that involve carpenters, framing crews, bricklayers, and electricians are seeing some of the largest shortages.“The labor shortage continues to be one of the top concerns for remodelers across the country,” says Tim Ellis, the NAHB’s Remodelers chair
Short-term housing rental companies are allowing property owners to turn their homes into investment properties. They’re giving hotels some serious competition.But these short-term renters have specific amenities they’re seeking. IPX1031, a firm that provides exchange services, surveyed 2,000 consumers to ask about what they look for when they rent an Airbnb.Some of the top factors that consumers said prompted them to choose an Airbnb ov
It can be difficult to lend the illusion of more space to a home with low ceilings. A recent article at Houzz from columnist Becky Harris explains how you can make low ceilings appear higher.Use High-Gloss Paint to Your Advantage Painting the ceiling a glossy white will allow the room to reflect more light, making it appear more spacious that it really is. Interior designer Lourdes Gabriela used glossy white ceilings in a Florida condo that, she
Monday is Earth Day, and your clients can do their part to protect the environment and save on utility bills. Going green can also make a difference at resale: 69 percent of real estate professionals say promoting energy efficiency in listings is “very” or “somewhat valuable” in a home sale, according to the latest REALTORS® & Sustainability Report.Ply Gem, an exterior building product firm, outlines the following six-step
Institutional investors with large rental portfolios have been receding from the market, making way for more small investors to find buying opportunities. You may see more everyday home buyers showing interest in investment purchases, and they’ll need your guidance to learn how to look at their real estate choices from a different perspective. Oliver Somoza, CEO of real estate development firm Turnkey Property Pro, offers three tips to help
Many homeowners may be one leaky or burst pipe away from a financial crisis.Nearly 20 percent of homeowners admit they have no money put aside for an emergency home repair, according to a survey of more than 1,400 homeowners by HomeServe USA. Yet more than half of the respondents say they’ve had a home repair emergency in the last 12 months.“Part of that can be attributed to the fact that the median age of a home is about 40 years, so th
DIY home improvement jobs can end in disaster. And even when they don’t, projects can become time-consuming and costly. Botched DIY home improvement jobs can also lead to quarreling among loved ones, shows a new survey from Porch.com, a home improvement website. Porch.com surveyed more than 1,000 homeowners to discover the biggest sources of tension and mistakes during home improvement projects.A third of homeowners say they tackle house projec
Homeowners are sprucing up their homes more this year, tackling several home improvement projects. Eighty-eight percent of homeowners recently surveyed say they performed a major home repair in the last year, and more than half said they managed multiple major repairs or home improvement projects, according to a new analysis by Porch.com, a home improvement website.Homeowners spent an average of $4,958 on home repairs and improvements in the past
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