The pandemic has prompted many homeowners to take on updates and renovations projects. More than three-quarters of about 1,000 homeowners surveyed this month say they have carried out at least one home improvement project since the start of the COVID-19 outbreak, according to a new survey from Porch.com, a home remodeling website. Homeowners have spent a […]
Tariffs Behind Rising Remodel Costs
Those wanting to spruce up a home may need to add more money to their budget. Builders and contractors are warning that new tariffs on Chinese goods will add $2.5 billion in added costs to the home remodeling industry, and those extra costs will be passed on to customers. NAR’s 2019 Remodeling Impact Report Tariff […]
6 Master Bathroom Trends
Grays, mixed metals, and farmhouse styles are some of the most popular trends for remodelers taking on sprucing up their master bathroom. The 2018 U.S. Houzz Bathroom Trends Study is based on a survey of more than 1,100 homeowners who are planning or recently have completed a master bathroom renovation. Some of the trends that […]
Client Tip: FHA Loan Can Help With Home Repair
Got your eye on a fixer-upper or a foreclosure home? A Federal Housing Administration home loan program can help buy the place and give it a makeover, too. An FHA-insured Section 203(k) loan allows borrowers to lump the cost of repairs and improvements into their mortgage. Benefits for homebuyers and homeowners “We’ve seen tremendous growth […]
Client Tip: Building Code, Permit Issues Derail Deals
Homeowners need to understand the codes, ordinances, and requirements when they remodel and then put their homes up for sale. Knowing when to seek expert assistance can help you and your clients avoid surprises during an inspection or at the closing table. A buyer made an offer on a two-bedroom condo. Agent Ian Katz and […]
Client Tip: Buying a Flip
This spring’s housing market is so tight, with a near record-low supply of homes for sale, that buyers who find a move-in ready home are ready to pounce. The better the finishings, the higher the price sellers can command. Some flippers are turning historic homes into modern, hybrid treasures, but others are slapping cosmetic fixes […]
Oct. 31 – CVAR At A Glance
Featured Classes and Events Oct. 31 | Happy Halloween! Nov. 1 | Secrets to Finding Hidden VA Buyers – Lunch & Learn CVAR East Nov. 3 | Commercial Open Forum Nov. 4 | Probate Process A-Z Nov. 7 | CRMLS Training Nov. 8 | Structure Your Team – Lunch & Learn – CVAR East Nov. […]
Help Guide Clients During Remodel
Your expert advice and/or connections regarding home renovations can keep you in touch with past prospects–or future ones–now that signs show that renovations are a growing trend among home owners. Strong gains in home renovation and repair spending are expected to continue into next year before tapering, according to the Leading Indicator of Remodeling Activity […]
Client Tip: Remodeling? Try Quartz
Granite no longer reigns. The most popular countertop material remodelers say they’re using is quartz, then followed by granite. In 2015, 89 percent of National Kitchen and Bath Association members said they used quartz in their kitchen remodeling projects. Meanwhile, the popularity of granite has been declining over the last four years. Quartz’ durability is […]