Homebuilders and many housing analysts have been thinking about the evolving housing needs of the 55-plus age group. The size of the group commands special attention alone: Baby boomers (born between 1946 to 1964) stand at 76 million and are on the brink of a housing change in the coming years. The housing industry wants to be ready.For the first time in U.S. history, older Americans will outnumber children by 2035, according to U.S. Ce
A great lawn adds instant curb appeal to a home’s first impression, but according to Reviewed.com, homeowners may be making one of these common mistakes in their lawn maintenance:1. Cutting the grass too short. Most grasses should be cut no shorter than 2.5 inches, according to Reviewed.com. Anything shorter could impede the grasses’ ability to absorb enough sunlight to thrive.2. Failing to water enough. Reviewed.com says that most
About a quarter of adults say they’ve moved for the person they loved and to pursue a romantic relationship at some point in their lives, a new survey shows. It’s likely to pay off too, couples report.Men are slightly more likely to relocate than women (27% versus 23%, respectively), and millennials are more willing to make a move for love than other generations, according to a survey of about 1,000 adults from HireAHelper, a moving and reloc
In their search for affordability, home buyers are taking their house hunts further out from the city limits. Exurbs are the outskirts of major metro areas that lie beyond the suburbs. Many offer more land and greater affordability in new-home construction.Single- and multifamily activity in the exurbs makes up only a small share of permit activity across the country, but their quarterly growth rates reached a new high in the first quarter of 201
Online retail giant Amazon was once blamed for driving local shopping malls out of business. Now, it wants to reinvent them into warehouses.“While at a surface level, this appears simply to be about converting shopping malls into warehouses to strengthen Amazon’s supply chain and physically position the retailer closer to customers (both rural and urban) for same or next day delivery, the move has all the hallmarks of Amazon’s DNA,” Sean
Rents for single-family homes jumped 2.9% year over year in March, according to the CoreLogic Single-Family Rental Index. The index measures rent changes among single-family rental homes, including condos.Rents for lower-priced homes are increasing at a faster clip than those of higher-priced homes. Low-end rentals are defined as properties with rents 75% or less than the region’s median rents.Rents on lower-priced homes rose 3.5% year over yea
Buyers’ may be having more positive perceptions about the state of available inventory, according to a new survey released by the National Association of Home Builders. Twenty-two percent of adults planning a home purchase said in the first quarter of the year that they expect their home search to get easier in the months ahead. That marks an improvement from the 16% with the same expectation a year earlier, the NAHB reports on its Eye on
Home buyers and sellers can disagree over seemingly frivolous issues, which can sometimes jeopardize a sale. Realtor.com® recently interviewed real estate professionals to find out some of the most common petty issues that can pop up in a transaction.For example, missing cover plates is one that agents said they hear often. “One of the funniest—and most annoying—requests I get is for sellers to replace missing cover plates on light sw
About 885 million mortgage documents dating back to 2003 have been exposed by a data breach within First American Financial Corp., a title insurance provider, the KrebsOnSecurity news site reports.The breach exposed bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images online, the security site reported.“On May 24th, First American learned of a design defect
Home shoppers are focusing their attention on outdoor spaces, but with yard sizes decreasing nationwide, how can you make a small backyard appealing to your buyers? A recent article at Apartment Therapy featured designers who showed off their best design tricks to make a small backyard feel less cramped.Add Seating “No matter how small your outdoor area, you’re going to want to create a sitting area or else you won’t take full advantage of
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