I think this is such a tantalizing time of year. Spring-like weather comes in fits and starts before finally hitting its stride. Here’s hoping spring breaks into a jog soon!
I’m not the only one with spring fever. This week, aside from stories about Charlie Sheen and Libya, there was a lot of news in support of the spring home buying and selling season.
- As you begin spring cleaning, think about doing it in an eco-friendly manor
Of course, spring means a lot of things for housing, from spring cleaning to prime selling season. This year, as you begin cleaning, think about doing it in an eco-friendly manor. U.S. News suggests swapping old socks or t-shirts for paper towels, using natural cleaners like vinegar and baking soda and recycling as much as possible. Think green when you clean!
Gearing up for housing’s spring fling, Fox News published new rules for potential homebuyers navigating the current market. Among them, consumers should spend about 25 percent of their monthly gross income on their mortgage — as compared to 30 percent during the boom. The golden rule of course is to know financial limits. (As Warren Buffet recently stated, “our country’s social goal should not be to put families into the house of their dreams, but rather to put them into a house they can afford.”)
On the other side of the coin, there are some principles home sellers should follow, especially as competition is at record-levels with short-sale and foreclosed properties vying for buyers’ attention. First, of course, is being realistic about price. Also, don’t underestimate staging to sell; Décor, color and de-cluttering can do wonders to making a house look inviting. A recent survey showed that staging, on average, costs between $300 and $400 and may increase a sale price up to $2,000. A 500{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} ROI is pretty good in any market.
Vacant homes, however, create more of a challenge for sellers. Stagers across the country are starting to do more than populate these homes with appealing furniture: they are bringing in occupants in order to create a “lived-in” look and feel. People who need temporary housing, or want to live in a home they could not otherwise afford (even if it is temporary), are jumping at the chance to be these so-called “home managers.”
Also this week, SmartMoney reports on the booming market in luxury Retirement communities. The story notes that Toll Brothers didn’t open a single “high-end, age-qualified community” in 2009 but opened four in 2010 and plans to open another four in 2011. Becoming more commonplace for communities for those 55+ are expanded classes (think: yoga, photography and Tai Chi), five-star chefs whipping up organic plates, concierges and tennis pavilions. Oh, the good life!
Next week, I am heading off to the 25th Annual South By Southwest (SXSW) Music Conference and Festival in Austin, Texas. I hope to see you there!
Week in Review: What We Liked From the Week That Was
I think this is such a tantalizing time of year. Spring-like weather comes in fits and starts before finally hitting its stride. Here’s hoping spring breaks into a jog soon!
I’m not the only one with spring fever. This week, aside from stories about Charlie Sheen and Libya, there was a lot of news in support of the spring home buying and selling season.
Of course, spring means a lot of things for housing, from spring cleaning to prime selling season. This year, as you begin cleaning, think about doing it in an eco-friendly manor. U.S. News suggests swapping old socks or t-shirts for paper towels, using natural cleaners like vinegar and baking soda and recycling as much as possible. Think green when you clean!
Gearing up for housing’s spring fling, Fox News published new rules for potential homebuyers navigating the current market. Among them, consumers should spend about 25 percent of their monthly gross income on their mortgage — as compared to 30 percent during the boom. The golden rule of course is to know financial limits. (As Warren Buffet recently stated, “our country’s social goal should not be to put families into the house of their dreams, but rather to put them into a house they can afford.”)
On the other side of the coin, there are some principles home sellers should follow, especially as competition is at record-levels with short-sale and foreclosed properties vying for buyers’ attention. First, of course, is being realistic about price. Also, don’t underestimate staging to sell; Décor, color and de-cluttering can do wonders to making a house look inviting. A recent survey showed that staging, on average, costs between $300 and $400 and may increase a sale price up to $2,000. A 500{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} ROI is pretty good in any market.
Vacant homes, however, create more of a challenge for sellers. Stagers across the country are starting to do more than populate these homes with appealing furniture: they are bringing in occupants in order to create a “lived-in” look and feel. People who need temporary housing, or want to live in a home they could not otherwise afford (even if it is temporary), are jumping at the chance to be these so-called “home managers.”
Also this week, SmartMoney reports on the booming market in luxury Retirement communities. The story notes that Toll Brothers didn’t open a single “high-end, age-qualified community” in 2009 but opened four in 2010 and plans to open another four in 2011. Becoming more commonplace for communities for those 55+ are expanded classes (think: yoga, photography and Tai Chi), five-star chefs whipping up organic plates, concierges and tennis pavilions. Oh, the good life!
Next week, I am heading off to the 25th Annual South By Southwest (SXSW) Music Conference and Festival in Austin, Texas. I hope to see you there!
Related Posts
AREAA A-List Winners
Congratulations to our A-List winners! The annual AREAA A-List is a compilation of the best
2024 Nomination Award Winners
Community Involvement Award Winners Congratulations to BHGRE Main Street Properties from Pensacola, Florida, for their
2024 NAHREP Top 250 Latin Agents Report
BHGRE has an outstanding presence in the recently published 2024 NAHREP Top 250 Latino Agents
Congratulations to all BHGRE® RealTrends Verified and The Thousand Winners!
Better Homes and Gardens® Real Estate is proud to announce the affiliated agents and teams recognized in
BHGRE® Brokerages Recognized in the 2024 RealTrends 500
The Better Homes and Gardens® Real Estate network extends its sincere congratulations to the affiliated
How to Sell a High-End Home During Any Market
Considering the value of high-end homes, it’s understandable that luxury homeowners and agents would be