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Condo prices dropping

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Condominiums are becoming a viable option for first-time home buyers as mortgage rates hit six-month lows and condo prices drop. The trend is driven by a surge in multifamily unit completions and rising insurance costs. Call me today to find your inexpensive living situation and stop paying your landlord.

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Remodeling Projects

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The following home remodeling projects may offer the highest returns, based on their estimated cost recovery at resale: New steel front door: 100% (estimated return based on upfront cost) Closet renovation: 83% New fiberglass front door: 80% New vinyl windows: 74% New wood windows: 71% Basement conversion to living area: 71% Attic conversion to living […]

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Staging

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To meet buyers’ rising expectations and avoid buyer disappointment, many sellers are turning to home staging. Staging can not only help buyers envision themselves in the space but also have a measurable impact on the home’s market performance. Staging could even boost a home’s sales price by up to 10%, in some cases. That’s what […]

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Title Fraud

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If you currently own property, ask your local county if they offer fraud alerts for property documents, periodically check online tax and property records, and keep your ownership records in a secure place. When buying, make sure a full title search is done and consider purchasing owner’s title insurance, a common step during the process of buying […]

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Resale Value

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NAR identifies the following top interior projects for cost recovery at resale: Hardwood flooring refinish: 147% of value recovered at resale New wood flooring: 118% Insulation upgrade: 100% Basement conversion to living area: 86% Closet renovation: 83% Attic conversion to living area: 75% Complete kitchen renovation: 75% Bathroom renovation: 71% Kitchen upgrade: 67% Add new […]

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