Thursday, June 13, 2019 / by Nicole Solari
16 Times Homeowners Got Overly Creative With Their Garage Doors
Ever get tired of those cookie-cutter garages with blank doors? Boring! Check out these examples of amazing garage doors that will definitely make those that pass by to a double take! Some of these are pretty mind-bending.
1. John Scarratt turned this into a brilliant ad as a catchy piece of art. I suppose the wall needed better coding.
Savefrom faildesk.net9Andrew BakerTech Fails
2. Have that rare car you want to protect? Do you just want to feel more like a secret agent?
McMills Construction and Beausoleil Architects created this hidden garage to maximize rent for a tenant as well as avoid penalties from city coding. The reasoning may have been a bit dastardly, but the results are quite cool.
SaveOddee58Heather GrantFunny Garage Doors!
3. This is a 3D garage sticker. And an accident waiting to happen.
Savejoilieder.tumblr.com8Overhead Door Company of GreenvilleUnique Garage Doors
4. Y ...
Tuesday, May 21, 2019 / by Nicole Solari
8 Mistakes First-Time Home Sellers Make & How to Avoid Them
Plenty of home sellers consider their places to be coveted properties that others would be lucky to own. But, that hubris can often lead to trouble when it comes to actually landing an offer and closing a sale.
First-time sellers in particular exhibit some self-sabotaging behaviors that can trip them up on the way getting the deal done. The following are the most common mistakes they make and how to avoid them.
1. Thinking they can go it alone
Selling a home is not for the faint of heart, nor is it an easy DIY project. First-time home sellers quickly realize marketing and showing their property is a full-time job. Unless they’re experts in real estate contracts, appraisals, inspections, and other documentation, they can end up make costly errors. Fortunately, this is an easy one to fix: Hire a licensed agent.
2. Wanting to price it too high
Homeowners may th ...
Monday, April 22, 2019 / by Nicole Solari
Homeowners: Now Is A Good Time To Sell Your House
Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.
As we can see in the following table, the number of people who moved last year is half of what the rate was in the 1980s.
This does not come as a surprise, as tenure length (the number of years someone owns a home before moving again) among existing homeowners has increased. It has risen from an average of 6 years from 1985 to 2008, up to 9.5 years over the last few years. This is shown in the graph below:
As we can see, there is a pent-up seller demand!
What led to this change in beh ...
Tuesday, March 12, 2019 / by Hayley Baker
What’s Going On With Bidding Wars?
In a strong seller’s market, like the one we have experienced over the past few years, bidding wars are common and expected. This makes sense! A seller’s market is defined as a market in which the inventory of homes for sale cannot satisfy the number of buyers who want to purchase a home.
According to the Cambridge English Dictionary, bidding wars occur when two or more parties repeatedly outbid each other as they compete to purchase something- in this case, a home.
In some areas of the country, first-time buyers have been met with fierce competition throughout their experience. Some have been out-bid multiple times before finally winning a bid on a home to call their own.
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), there is currently a 3.7-month supply of homes for sale.
With the current number of houses listed for sale ...
Thursday, March 07, 2019 / by Nicole Solari
WHY AN ECONOMIC SLOWDOWN WILL NOT CRUSH REAL ESTATE THIS TIME
Last week, the National Association for Business Economics released its February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future:
“While only 10% of panelists expect a recession in 2019, 42% say a recession will happen in 2020, and 25% expect one in 2021.”
Their findings coincide with three previous surveys calling for a slowdown sometime in the next two years:
The Pulsenomics Survey of Market Analysts
The Wall Street Journal Survey of Economists
The Duke University Survey of American CFOs
That raises the question: Will the real estate market be impacted like it was during the last recession?
A recession does not equal a housing crisis. According to the dictionary definition, a recession is:
“A period of temporary economic decline during which tra ...