Seniors who own a home are in a good place, financially that is. Homeowners 62 and older saw their housing wealth increase by 0.3 percent, or $24 billion. With that, senior housing wealth reached a total record high of $7.19 trillion, according to the National Reverse Mortgage Lenders Association. The increase resulted from a 0.5 …
The Hot New Trend: Jewel Box Homes
For many, the era of mega estates is over. Increasingly luxury homeowners are being drawn to “jewel box” homes. These are smaller homes decked out with upscale amenities and deluxe features. The number of new luxury homes of 3,000 square feet or less has jumped nearly 20 percent since 2013, according to data from the …
Throwaway Furniture Is Out
One of the top interior-designer trends for 2020 is “throwaway” furniture is out. Longevity is in, according to the Wall Street Journal. Even if chain-retailer prices are tolerable, it’s become less appealing to buy a bed or a dresser thinking you’ll replace it in a few years. The throwaway culture is out, said Shea Soucie, …
Low Housing Inventory Takes Its Toll
The scarcity in housing inventory is taking its toll on first time home buyers and causing prices to spike in many areas of the country, according to a new report issued by the National Association of Realtors. “Low inventory conditions hurt would-be-first-time home buyers the most,” said Lawrence Yun, NAR chief economist. “Their homeownership dream …
Home Improvement Projects Often Worth The Cost
Homeowners who decide to take on a home improvement project, either interior or exterior modifications, often find the task was worth the investment of time and money. That’s according to a new report from the National Association of Realtors. The 2019 Remodeling Impact Report examined 20 projects and gave each a “joy score” based on …
Is Your Home Ready For The Rainy Season?
Here in the Bay Area the rains usually start towards the end of October. But it’s worth taking a look around your house while we still have sunny days because finding out you have a problem during a downpour is at best inconvenient and at worst costly. So here’s a list to review: Check your …
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