The hottest trend in real estate these days is carving out some space for your in-laws, the Wall Street Journal says.
And it has the potential to lift your home value as much as 60 percent.
Known informally as “in-law suites” or “granny flats” and formally as “accessory dwelling units” (ADUs), these little homes, usually somewhere between 300 and 800 square feet, are going up in backyards across the country. The multigenerational living trend has been picking up steam through the Great Recession, both as millennials return to their parents’ homes and as boomers (and their parents) age. Read more…
When it comes to home amenities, a wish list can include anything from a swimming pool to a bowling alley, but recently, another home amenity has become a growing trend as a consideration in new construction and as an addition to older homes; an in-law suite. Read more here.
The rate of U.S. home price increases is decelerating, and the home-price slowdown is a mixed bag. Read more here.
Selling your home? A few classic — and relatively inexpensive — changes can make a big difference when it comes to how much you’re able to collect from potential buyers. If you want maximum effect for maximum profit, these six strategic upgrades will give you the biggest return on your investment: See the list here.
In the heart of the Littlebrook section of Princeton, this center-hall colonial sits at the end of a cul-de-sac in beautiful and peaceful tranquility. Four bedrooms and 3 full bathrooms, with renovated and updated kitchen and baths. This is a must see and is sure to move very quickly. See more here.
You’ve heard the old saying – “Location, Location, Location.”
The real truth is “Location, Condition, and Price.” And price trumps every other factor.
Read more here.
Selling a home is a personal experience for many clients and can lead to emotional decisions that can wreak havoc on a transaction. You’ve worked too hard to let a strong deal fall prey to these predictable pitfalls. Click here for full article
In a dramatic about-face for the housing market, sellers are now calling the shots. A survey of more than 2,000 Americans found that 33% of the 365 who were searching for a home have been on the hunt for more than a year and many were willing to make compromises on where they live or the type of home they would buy in order to close the deal. Read more here.
Home purchase contracts in New Jersey soared in April, recording a 28% increase compared to one year ago. Given that the pace of sales rose by 23% in April-2012, purchase demand has expanded by an astounding 58% over the past 2 years. The “buy now, pay less” mood among home buyers is creating a sense-of-urgency that is likely to raise purchase demand in 2013 to pre-recession levels last seen in 2006.
The New York Times says: Americans are in a buying mood, thanks largely to the housing recovery. Housing prices rose in every one of the 20 cities tracked, continuing a trend that began three months ago. Similar strength has appeared in new and existing home sales and in building permits. Read more here.