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Top Trends for Today’s Homes

November 3, 2017 by Elegant Casas

Here are the latest trends in new homes:

  • Kitchen Central
    Today’s homes are all about casual living.  Gone are the formal parlors and living rooms.  Instead, the kitchen has become the heart of the home.  Kitchen space has expanded and absorbed family seating areas, making dining rooms nonessential.
  • Getting Outside
    The other increasingly popular place for today’s families is outside.  Outdoor living areas, often with fire pits, sofas, and televisions, are becoming more and more essential in home design.  The line between indoors and outdoors is becoming more blurred through the use of glass doors that can turn a wall into an open space.
  • Flexible Space
    Flex rooms, which are areas of the home that do not have a dedicated purpose, have become more common and can easily be transformed from one purpose to another without costly renovations.  For example, quiet office space or a suite for an aging relative.
  • Healthy Living
    Green building is going mainstream.  The trend is towards healthy paints, high-efficiency AC/heating units, and the use of natural materials.
  • Energy Efficiency
    Both government mandates and homeowner demands are pushing for an increase of a new home’s efficiency.  Solar power, better insulation, thermal windows, and LED lighting will continue to become features.
  • Aging in Place
    America’s aging population is also influencing home design.  Older residents are looking for smaller, single-story homes that are easily navigable.
  • Finding Community
    Homebuyers are looking not only for a home but also for a community.  New-home projects are adding fitness centers, clubhouses, and barbecue areas where people can socialize.

Original article can be found here:
https://www.sandiegouniontribune.com/real-estate/home-pride/sd-ad-nh-homepride-trending-new-homes-20170912-story.html

Filed Under: Real Estate

Best Colors to Add Value To Your Home

October 8, 2017 by Elegant Casas

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

 

 

Filed Under: Real Estate

Will Irma Slow Tampa Bay’s Real Estate Market

September 15, 2017 by Elegant Casas

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

Filed Under: Real Estate

Foreigners Pump up Home Prices in U.S.

August 7, 2017 by Elegant Casas

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:
https://www.foxbusiness.com/markets/2017/07/19/foreigners-pump-up-home-prices-in-u-s.html

Filed Under: Real Estate

Not all Sinkhole Houses are Equal

July 21, 2017 by Elegant Casas

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

Filed Under: Real Estate

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