A fruit bowl filled with lemons and limes to draw attention to the chic bar set-up…
Even a staged bottle of champagne on the balcony to show you how you could be living in the lap of luxury. Read more here.
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If you are planning on selling your home, you need to keep up with what today’s home buyer really wants. Here’s a look at 12 things home buyers want in their homes (hint: It’s not a swimming pool). Read more here.
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Having a pool can be one of the most enjoyable things about being a homeowner. It offers exercise for the family, a great place for entertaining and added value to your property.
But be prepared to open your wallet, as the average cost of building an in-ground pool is around $40,000. Before you get ready to hire a contractor and build, consider these tips from industry experts to help ensure you get exactly what you want and save a few bucks in the process: Read more here.
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Great small beach towns come in many forms. They can be surrounded by sands baking under a constant sun or tucked away in the mist of a distant forest. They can be lively or pin-drop quiet retreats. But they also share many attributes: idiosyncratic charm; fresh local food, usually hauled off a boat in nearby waters; somewhere chic and cozy to bed down for the night. Read more here.
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More Californians were able to afford homes in the first quarter of 2019.
The California Association of Realtors says the percentage of homebuyers who could afford to purchase a median-priced existing single-family home increased from 28 percent to 32 percent across the state.
It was the first time the index climbed above 30 percent in a year.
California’s housing affordability index peaked at 56 percent in 2012.
The report found a minimum annual income of $114,860 was needed to purchase a $545,820 home, which is the median price in the state. Read more here.
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The 2.7 square miles known as Koreatown is a happy mix of flashing neon lights, nondescript office buildings that house innovative restaurants and dark nightclubs, and eclectic shops in old Art Deco buildings papered with signs written in hangul. The densely packed neighborhood is home to more than 120,000 residents, around 20 percent of Korean heritage. And even though the majority of its population is Latino, Koreatown—the first and most famous Koreatown in the U.S.—retains a distinctly Korean air. As Helen Lee, daughter of Koreatown’s late founder Hi Duk Lee, says: “It’s the best Koreatown outside of Korea.” Read more here.
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Southern California home prices dropped $500 in March from the year before, the first annual price drop in the region in seven years, real estate data firm CoreLogic reported Friday, April 26.
The median price of a Southern California home, or the price at the midpoint of all sales, was $518,500 last month, down 0.1% from March 2018’s median of $519,000.
While prices were virtually unchanged from a year ago, that slight decrease marks the end of an 83-month streak of continuously rising home values. Read more here.
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In today’s market, many real-estate professionals suggest that the three most important things for home sellers, especially first-time sellers, are condition, condition, condition.
“Everyone has heard that selling a home is about ‘location, location, location,’” said Jan Jedlinsky, an agent with Metro II Realty who was just named Columbus Realtor of the Year by the Columbus Board of Realtors.
Location, price and condition all play a role in getting a house sold for top dollar in a reasonable amount of time, Jedlinsky said.
There’s not much a seller can do about a home’s location, though, unless it has wheels. And the market will quickly show if a seller is asking too much for the house.
“These days, buyers already kind of know what price a house should be,” Jedlinsky said. “They kind of know what they can get for their money.” Read more here.
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When it comes to curb appeal, doesn’t it seem like everyone talks only about painting your door a bright color and manicuring your front yard? My thoughts exactly. Happily, there are lots of other things you can do that will make a big difference when it comes to freshening your house’s exterior, making it the cutest one on the block and, hopefully, prompting it to linger less on the market. Here, some of the best tips, from real estate professionals. Read more here.
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Finding the money for a down payment is one of the biggest challenges facing first-time home buyers. At 20 percent of the sale price, the standard down payment can amount to a lot of cash. But buyers who receive a loan under the Federal Housing Administration may need to come up with as little as 3.5 percent.
The share of buyers able to obtain those loans in the 50 largest metropolitan areas across the country was one of the factors taken into account in a recent study by Lending Tree, which ranked those cities in terms of how hospitable they are to first-time buyers. Read more here.
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Victor Quiroz's Real Estate Blog 