For green, vibrant grass, it is essential for homeowners to learn about aerating, seeding, and watering their lawns to keep the curb appeal intact, according to realtor.com®’s Lawn Lover’s Guide.“When you don’t give your lawn enough water, it grows with shallow roots,” says Don Botts, the president of Quality All-Care Services in Bonner Springs, Kan. “This can stunt the growth of your grass and make it harder for your lawn to su
Single women over the age of 55 have been the fastest-growing demographic of home buyers when compared with other categories of buyers since 1981, according to U.S. Census Bureau data. Married couples are the largest group of buyers, and single women the next largest group.In 2017, single older women comprised 8.2 percent of all home buyers—double the percentage of 20 years ago, according to researcher Ralph McLaughlin, founder and chief econom
The rising cost of housing is the biggest hurdle for young prospective buyers to overcome, according to new research from Freddie Mac. Home prices are rising faster than incomes, and the lag in young adult homeownership rates will likely continue until 2025, Freddie Mac notes.The homeownership rate among those under the age of 35 has fallen 8 percent since reaching a peak in 2004. Freddie Mac’s analysis reveals that higher rents and home prices
More vacation and investment property owners intend to rent out their homes as short-term rentals this year, according to research from the National Association of REALTORS®.Twenty-five percent of those with vacation properties and 24 percent with investment properties rented their home as a short-term rental in 2017—30 and 32 percent, respectively, plan to do so in 2018, according to NAR.Forty-five percent of investment buyers say they purcha
Smart-home gadgetry and design trends emphasizing openness are leading to more noise disturbances, such as echoes, inside homes. Some homeowners are even hiring “acoustic consultants” to help alleviate the issues.A common noise-prone living arrangement is an open floor plan with a minimalist design, where more emptiness and fewer items of furniture enable reverberations inside the home. It can make make it difficult for owners to pick up othe
Home improvement reality television shows have long misguided consumers about the renovation process. You likely have some clients who are obsessed with channels such as HGTV, and they may have developed some common misunderstandings about the real time and effort it takes to undergo remodeling a home. Fox News recently highlighted several myths these shows tend to generate.The answer to creating more space is always to knock down walls. Designe
Young adults express such a strong desire to own a home that they are willing to take on extra work or make another major sacrifice in order to afford one. Thirty-six percent of millennial home buyers say they’ve taken a second job to save for a down payment, according to a new Redfin survey of about 500 respondents between the ages of 24 and 38 who plan to buy their first home in the coming year.The top concern among these first-time home buye
More commercial buyers are taking a page from the coworking trend, in which office space is used in a more communal way. Operators of coworking spaces typically sign a lease for a generic office and build out areas for numerous desks and amenities often geared toward community. Operators then sublease those areas at a premium, and on short, flexible terms, to individuals or companies looking for smaller office space.“Coworking is upping the gam
Homes in new communities can sometimes look alike. But luxury builders are hoping to make their properties stand out with extravagant features such as champagne vaults, candy rooms, and bowling alleys. One Los Angeles development company has even included a shark tank in one of its spec homes, Curbed.com reports.The home, fittingly dubbed the “shark house,” features a 300-gallon, two-foot-deep tank containing three hound sharks, a remora sha
For the first time in decades, the population growth of urban cities is keeping pace with the suburbs, according to a joint report by the Urban Land Institute and RCLCO Real Estate Advisors. More than 29 million Americans now live in urban neighborhoods.Between 2000 and 2015, the population of urban downtowns rose by 1 percent—well below the suburbs’ 13 percent growth. However, urban and suburban areas grew at about the same rate between 2010
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