Driverless cars could steer real estate investments in coming years

Driverless cars could steer real estate investments in coming years

The idea of driverless cars has captured Americans’ imaginations-and no wonder. Just consider the joy of reading a book while your car skillfully steers itself through the madhouse of morning traffic! But the changes such cars will bring go far beyond giving commuters peace of mind during rush hour. They are likely to also affect real estate trends. From new suburban development to fresh use of city space, interesting scenarios are beginning to...

Read More

Millennials account for more than 30% of home purchases, despite challenges

Millennials account for more than 30% of home purchases, despite challenges

Move over, baby boomers. The millennials are driving the housing market these days. According to the 2018 Home Buyer and Seller Generational Trends study, released by the National Association of Realtors (NAR), millennials now account for 36% of home purchases, compared to baby boomers at 32%, Generation Xers at 26% and the Silent Generation (born between 1925 and 1945) at 6%. As they move into the housing market, millennials face the...

Read More

What the new tax bill means for homeowners

The Republican tax cuts passed in 2017 will have sweeping effects on the country, including the pocketbooks of homeowners. As such, it has drawn the attention—and concern—of the National Association of Realtors (NAR). In a recent press release, the NAR notes that the final bill is a mixed bag: “Although the final tax reform bill is far from perfect and the results are mixed, it is significantly better for homeowners than previous versions.”...

Read More

Time to sell the family home? Don’t think of it as downsizing

The kids have grown and flown the nest, and now you’re looking at your longtime home and wondering what do to with all that space. Time to downsize? To answer that question, it’s best to re-frame the issue. Don’t think of it as downsizing. Instead, consider it rightsizing. Rightsizing means thinking of your current needs and what will best fit them. Perhaps you’re tired of doing lawn work. Rightsizing could mean moving to a patio home or condo....

Read More

7 ways to turn your backyard into the perfect retreat

As the weather warms, many start thinking of summer-and of turning that dull slab of cement and ragged patch of grass in the backyard into an idyllic retreat. Oh, for a beautifully furnished patio overlooking a glorious swath of greenery and gardens where one can relax and soak in nature’s glories. If this is your idea of paradise, don’t wait for the weather to turn. Now is the time to start planning. Here are some ideas to consider, offered by...

Read More