Tag Archives: owners

Buying real estate for first-time and repeat homebuyers

Why should you buy real estate?

For repeat and first-time homebuyers, the different reasons to buy a home have various degrees of importance.

Here is what’s most important to first-time homebuyers:

  1. They’re tired of renting (55%)
  2. They’d like a larger home (10%)
  3. They want to be in a better location (9%)
  4. They’ve had a change within their family (7%)

And for those moving up, these are the reasons in order of importance:

  1. They’d like a larger home (23%)
  2. They desire a better location (19%)
  3. They’re tired of renting (9%)
  4. They’ve had a change in family status (4%)

Why Buy

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS, at car.org.

Money Monday: The rental market is going gray

Renters are looking a little older these days.

There’s tough competition in the rental market these days, with more people becoming renters. And steep prices make renting instead of buying not always the most economical decision. According to CNN Money, here is what’s going on in the rental market:

for rent

“Rental applicants tend to conjure up images of recent college grads looking to start their life in the real world. But Millennials are facing increased competition from people who have already spent decades in adulthood, and may have better credit and higher income.

“Since 2005, there has been an uptick in renters, with people in their 50s and 60s making up the largest chunk of the increase, according to a recent report from the Harvard Joint Center for Housing Studies.

“In fact, the majority of all renters are currently 40 or older…”

“…But it’s expensive to be a renter right now. Rents have been on a tear recently as inventory remains tight and demand grows…” (CNN Money. “The rental market is going gray”. www.money.cnn.com/2016/01/14/real_estate/older-renters/index.html?iid=SF_LN. 14 Jan 2016).

With such high competition and prices in the rental market, it might be time for you to consider buying a home. Please give me a call to see if becoming a San Diego County homeowner would make sense for you: (619) 890-3648!

Read the rest of CNN Money’s article here.

 

Top Remodeling Choices

What do most choose to spend their money on when remodeling?

Many homeowners find the value in remodeling, with the focus being mostly on these remodels in 2014:

  • 84.3% focused on remodeling the attic bedroom
  • 87.4% work on a deck addition
  • 48.9% remodel the home office
  • 72.5% work on remodeling the kitchen
  • 77.6% work on the basement

The Value of a Remodel | CAR.orgThis infographic is from CAR.org: www.car.org/aboutus/onecoolthing/valueremodel

Springtime Gardening Tips

As we enter the fourth month of the year we can already see the drab hues of winter begin to give way to the promise of a colorful spring.

yardWhat better way could there be to celebrate this fertile and exciting time of year than to work on improving your garden? Gardening is a relaxing and fulfilling activity that the whole family can enjoy together. Plus, a rich and colorful garden can greatly add to the aesthetic beauty of your home. I’ve compiled some tips that you should keep in mind when attending to your yard this spring.

Don’t over water!– Horticulturist, Mitch Hoyles of Western Garden Nursery says the biggest danger at this time of year is over watering. “Now is the time when we have to start watering, and most people water way too much,” Hoyles said. Roots need air in order to grow. Clay soil must be allowed to dry between watering, so the water can be replaced by air to nourish the roots.

Watch your step – Make sure you don’t walk on delicate flowerbeds when they are saturated. Wait until the soil dries. If you compact the soil by stepping on it when it is wet, you run the risk of damaging new growth.

Spring-cleaning, for your yard – Pick up old leaves, broken branches, and debris accumulated during winter. Cut back any perennials that you have. Trim shrubs, and any other excess growth.

Tune up your tools – Sharpen mowers and clippers so everything is ready when things start to grow. Make a note of what’s missing and order tools for the new season of growth.

Check on your soil – Check soil pH with a Home Soil Test Kit, taking several samples from different planting areas for an accurate reading. Enrich soil as necessary. Add dolomitic lime to raise the pH, or elemental sulfur to lower the pH.

Don’t forget to fertilize – Apply balanced fertilizer (6-6-6 or 8-8-8), fish emulsion, or other soil enhancements suggested by soil-test results around trees and shrubs when new growth appears. Spread high-acid fertilizer and pine-needle mulch around acid-loving shrubs like azaleas and camellias. Begin fertilizing perennials when active growth resumes.

With a bit of luck and hard work your garden will be the envy of the neighborhood. By the time summer rolls around, you’ll be able to relax in your garden in comfort and style as you sip your favorite beverage and enjoy the beautiful environment you have created for you and your family.

Halloween and Homeowners Insurance

Before you know it, trick-or-treaters will be at your door. Are you ready?

We’re not talking about buying candy and carving pumpkins. We mean what if you get more tricks than treats this Halloween. Are you covered? Luckily, homeowners insurance is there to protect you from these common tricks that are apt to happen. Continue reading

Homeowners Taking on Home Improvement Projects

1 out of 5 new homeowners did a remodeling project last year

Making your new house your own home is one of the perks of becoming a homeowner. And during the past year, 20% of new homeowners did just that: took on home improvement projects for their new homes.

During the past year, new homeowners spent a hefty $18 billion on home improvement projects Continue reading

The Latest Trends in Pools

This is the time of year when people who don’t have pools suddenly realize the advantages of having one. Whether you are considering putting one in in time for next summer, or just want to fantasize about your dream pool during these last long days of summer, here’s a look at some of the top trends in pools:

Continue reading

Summer-Friendly Landscape Ideas

While lush, green turf grass covers nearly 47 million acres in the United States, all that green requires homeowners to hand over “green” for upkeep.

backyard 2Most yards are covered with non-native grass species that need mowing, weed killing, fertilizing, and watering. In fact, the average American household uses 60 gallons of water a day on watering (which, since California has a new water conservation law coming into affect, we need to consider reducing that amount). So, ditch the thirsty green for these easy yard alternatives Continue reading