Real Estate - Real Estate, Updates, News & Tips

TIP: 6 Tips for Staging a Home in the Winter

Even in cold, snowy, or icy weather, real estate professionals can do a lot to make a property more appealing to potential buyers. After all, 50 percent of real estate professionals surveyed say that staging a home before a sale increases the amount of an offer by from 1 to 10 percent—and that was regardless of the season, according to the National Association of REALTORS®’ “2017 Profile of Home Staging” report.Here are a few tips for wi

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Tubs and Laundry Rooms Gain Prominence as Builders Update Floor Plans

Designing houses with features buyers want is a continuous process for the home building industry. During a Feb. 19 session at the 2019 International Builders' Show in Las Vegas, builders and designers took a break from their work to talk about some of the changes they're seeing.Curved entryway staircases step back.A curved stairway leading to the upper floor can make for a grand entrance into a home, and certainly serves as a focal poi

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Millennials Prove Their Buying Force Has Arrived

Young adults are now taking on more mortgages than any other generation and increasing their purchase power in the housing market. Millennials represent 42 percent of all new-home loans, higher than both the baby boomers and Generation X, according to a new study from realtor.com®.“Millennials are getting older, with better jobs and deeper pockets, allowing them to expand their collective purchase power and hence, their footprint in the market

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Existing-Home Sales Roll Back to 2015 Levels

The winter months have proven to be a sluggish time for home sales. January was the third consecutive month in which existing-home sales posted a drop, the National Association of REALTORS® reported Thursday. All regions of the U.S. saw a drop in sales except for the Northeast.Total existing-home sales, which are completed transactions on single-family homes, townhomes, condos, and co-ops, dropped 1.2 percent in January compared to December

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Samsung Announces 5G Phone in Move to Reinvigorate Smartphones Market

Samsung debuted its most extensive new lineup of smartphones, taking on Apple amid a slowing market with new low-end and premium models, 3-D cameras, an in-screen fingerprint scanner and faster 5G connectivity.At simultaneous launch events in San Francisco and London on Wednesday, the South Korean technology giant introduced four new phones: the Galaxy S10, S10+, S10e, and S10 5G. The S10 and S10+ are direct successors to last year's S9 and S9+,

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Sharp Eyes Prevent Tragedy on Commercial Property Tour

A discerning eye saved a group of Philadelphia real estate investors from a near tragedy when touring a property. One more step down a booby-trapped stairway inside the home could have left a member of their team critically injured.Ekrem Uysaler told the media that he and his investor team were looking at a property on Jan. 2 in South Philadelphia when one member of the team spotted a small trip wire at the first stair of the stairway, which was

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TIP: How to Cozy Up a Large Space

Spacious areas can sometimes feel cold and unwelcoming. How can you make a large living room with high ceilings feel more inviting? Houzz, a home remodeling website resource, provides some of the following tips:Leverage tall potted plants.For a room with tall ceilings, incorporate tall plants. It’ll help fill in vertical height gaps while also drawing the eyes up to help accentuate the high ceilings.Paint two-tone walls.To make the ceiling feel

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The 10 Most Common Defects Found in Home Inspections

Home inspections have been uncovering much-needed property repairs. More than 1 million repairs needed more than $11,000 in costs, according to a February review of 50,000 home inspection reports by Repair Pricer, a home repair estimating resource.Nearly 55 percent of homes analyzed across the country had doors that needed adjusting, which could be an indicator of foundation issues, the report showed. More than half—or 54 percent

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Prime Housing no More? Amazon Pulls out of NY for HQ2

Amazon announced Thursday that it has halted plans to build a second headquarters in Long Island City, N.Y., blaming political and community opposition for its decision.The reversal comes three months after Amazon picked two cities as homes for its HQ2 project—Long Island City and Crystal City, Va.—promising to bring 25,000 new, high-paying jobs to each area. A booming housing market in those areas was expected to follow.Indeed, in the time s

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REALTORS: Use Caution When Sending Automated Texts

If automated text messaging is part of your marketing strategy, you could be setting yourself up as a tempting target for plaintiff’s lawyers. A growing number of class action lawsuits are claiming that automated text messages fall under the restrictions imposed by the Telephone Consumer Protection Act, a 1991 law that was enacted to curb unsolicited sales calls.In the class action lawsuits, lawyers say the marketing texts, if th

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