From the Wholesome Homes family, we want to wish you and your family a Happy Thanksgiving With Flowers, Pumpkins, and Love.
Remodeling spending is expected to jump in 2014 as the housing market steadies and homeowners begin to look at adding value to their homes. The following five areas are where homeowners are expected to spend the most remodeling dollars this year:
Bathrooms: An updated bathroom can be a huge advantage when selling a home. Furthermore, remodeling a bathroom is often one of the less expensive rooms to make over. Homeowners are likely to recoup 72.5% of the cost at resale according to Remodeling Magazine’s annual Cost vs. Value report.
Kitchens: Even a minor kitchen remodel (replacement of cabinet fronts, oven and cooktop, countertops, sink and faucet, and flooring) is shown to recoup 82.7% at resale.
Exterior Updates: After kitchens and baths, landscaping projects are high on the remodeling list for homeowners, said Liza Hausman, Houzz’s Vice President of Community. Many people choose to create outdoor entertainment spaces to add more…
View original post 91 more words
Buying a home can be a great investment, whether you’re looking for your first home or a fixer-upper to rent out. If you have feared that you missed out on buying a house in 2013, no need to worry as 2014 is predicted to be less competitive. Although home prices and mortgage rates are on the rise, there are still plenty of cities with high growth potential where prices are still low.
Forbes and Local Market Monitor tracked home prices and local economic factors in more than 300 housing markets to put together a list of the top 20 housing markets to invest in for 2014. Cities were ranked on four factors: population, home prices, and the local jobs economy. These factors are taken into considerations because purchasing a home in a city where opportunities are growing is better than one where the population is leaving.
The following are the…
View original post 84 more words
In this video, you will learn how to safely buy a home in a down market with minimal risk.
The Wholesome Homes family wants to wish everyone a Happy New Year!! We have lots of great things to bring you this year. Subscribe to our email list to be the first to hear about them.
According to the National Association of Realtors 2013 Community Preference Survey 60 percent of people desire living in neighborhoods with a mix of houses, shops and restaurants with parks nearby. The survey done by NAR’s Smart Growth Program aims to shed light on the characteristics that people desire in their neighborhoods and how they rank as most important to least important to them.
The report showed that while many were able to sacrifice the size of their yard to live in a walkable neighborhood and have a shorter commute to work. When it came to owning a detached single family house over an apartment or condominium, most preferred to have a detached single family house even if it required more driving between shops restaurants and a longer commute to work.
Below are some of the most important takeaways from the report:
- If people could live anywhere, 30 percent would want…
View original post 216 more words