Design TV shows make it look so easy: Just remove a wall or two and you have the open floor plan you’ve always wanted. But not so fast.Tearing down a wall could open up a host of other problems—some structural, if not done properly. It could also prove unexpectedly costly.To hire a professional contractor to remove a wall could cost you anywhere from $500 to $4,000, according to HouseLogic.com. To that cost, you’ll likely want to add a stru
Nationwide housing starts dropped in March, despite continued high buyer demand, which is adding pressure to overall home prices.Housing starts for single-family and multifamily homes dropped 6.8 percent in March to a seasonally adjusted annual rate of 1.22 million units, the Commerce Department reported Tuesday. Broken out, single-family production plunged 6.2 percent to an annual rate of 821,000 units in March month over month, following a stro
Being successful is about making things happen and serving your clients’ needsKey Takeaways The most simple mistakes most real estate agents make is not staying diligent, not getting out of their comfort zone and being afraid to ask for listings with that in mind.The biggest problem that new real estate agents face is getting listings. Getting sellers to list with you instead of buyers to list with you guarantees you get a commission if the pro
We are uniquely positioned to succeed as an investor and already have the most important pieces of the puzzleKey Takeaways Real estate investing is a beneficial way for real estate agents to prepare for retirement and make extra money.Most real estate agents believe that fix-and-flip investing is too risky: the long holding times, all the things that can go wrong, budgets overruns, etc.And then there’s the hassle of getting someone to manage th
About AnnAnn has a passion for teaching children art and keeping it alive in the minds of the community. She has many years of experience working with her hands as a carpenter and contractor. Her love for art and children is what drove her to start the non-profit Create To Learn.Visit her nonprofit's website at: createtolearn.org.iPro currently deals throughout the states of California and Texas with new offices in New York and Florida. We co
Which housing markets are emerging as top performers this spring season? Ten X, an online real estate marketplace vendor, factored in pricing, sales, affordability, permit activity, economic and demographic growth, and forward-looking data such as economic and population forecasts, to come up with a list of housing market champs for this spring.They are listed below, along with year-over-year changes in seasonally adjusted median prices and sales
Builders are going smaller with apartments, banking on a lure of tiny studios among the 20-something crowd.As rents have skyrocketed over the past few years, particularly in coastal cities, some developers responded with offerings of smaller and less pricey apartments. But now they’re realizing some renters will even pay a premium even when space is tight. As such, in big and small cities—like Milwaukee, Cleveland, Detroit, and Kansas City, M
Homeownership-related tax deductions can prove advantageous in lowering your tax bill. HouseLogic lists some of the ways homeownership helps at tax time:Mortgage interest deduction: Itemizing homeowners can deduct the interest they pay on their mortgage up to $1 million—or $500,000 if married but filing separately. The deductions can be made for loans issued to buy, build, or improve your home, and can apply to a house, trailer, or boat as long
A home’s value generally appreciates 3 percent to 4 percent every year, which is attributed mostly to population growth and inflation. However in 2016, homeowners saw appreciation jump to an average of 6.3 percent.Realtor.com®’s research team sought to find out what would boost a home’s value even more and what home features buyers may be willing to pay more for. Researchers analyzed millions of listings on realtor.com® from 2011 to 2016
Americans with an education level of bachelor’s degree or higher are more likely to own a home by age 30, according to a new study from the Federal Reserve Bank of New York. That's regardless of their student debt situation too, the study finds.Researchers who tracked college attendance and homeownership rate by age for those born between 1980 and 1986 concluded that college graduation is associated with higher homeownership rates. By age 33, t
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