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Best Colors to Add Value To Your Home

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A Zillow analysis of more than 32,000 photos from sold residential properties shows that specific colors can increase a home’s sale price. The analysis controlled for square footage, the age of the home, the date of the transaction, and location, and then compared the sale prices of homes with white walls versus those with more colorful paint.

Soft Gray-Blue Kitchen = $1,809
Light Blue Bathrooms (light pale blue to soft periwinkle blue) = $5,440
Light Cerulean to Cadet Blue Bedrooms = $1,856

 

 

 

 

 

 

 

 

 

Slate Blue to Pale Gray-Blue Dining Room = $1,926

 

 

 

 

 

 

 

 

 

Brown Living Rooms (light beige, pale taupe or oatmeal-colored) = $1,809
Navy Blue Front Door = $1,514

 

 

 

 

 

Greige Exterior (mix of light gray and beige) = $3,496

 

 

Will Irma Slow Tampa Bay’s Real Estate Market

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Other than postponed closings, Hurricane Irma will not impact our booming real estate market.  Interest from out-of-state buyers remains very strong.  Florida is still better than living in most states.  California has earthquakes, wild fires, and mud slides, while the Midwest has tornadoes.  In Florida, the population has advance warning to prepare or evacuate before a hurricane hits.  Read full article here :
https://www.tbo.com/news/business/realestate/will-hurricane-irma-slow-tampa-bays-booming-real-estate-market/2337471

Foreigners Pump up Home Prices in U.S.

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Purchases by foreigners accounted for 10% of U.S. existing-home sales by dollar volume in the year ended in March, up from 8% in 2016.  Foreign buyers are disproportionately concentrated in a handful of states, with Florida, Texas and California together making up 46% of foreign buying activity.  Foreign buyers tend to purchase more expensive homes than their local counterparts.  The median price for a home purchased by a foreigner was more than $300,000, compared with roughly $235,000 for all existing homes sold in the U.S.
 
Take a look at the full article here:

Not all Sinkhole Houses are Equal

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Even though a sinkhole has been deemed as repaired, it may still pose a major issue.  It is important that repairs were completed fully and properly to avoid a recurring issue.  Reviewing the completion reports by the engineers that oversaw the repairs can help to understand the extent of the repairs.

Take a look at the full article here:
https://www.tampabay.com/news/business/realestate/is-sinkhole-damage-sinking-tampa-bay-property-values/2331077