That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist for the National Association of Realtors, said:
“Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home. Market challenges remain, but the housing market is off to a prosperous start as homebuyers staved off inventory levels that are far from adequate…”
And CNBC says consumer confidence in the economy is fueling the market:
“U.S. home resales surged to a 10-year high in January as buyers shrugged off higher prices and mortgage rates, a sign of growing confidence in the economy.”
The only challenge to the market is a severe lack of inventory. A balanced market would have a full six-month supply of homes for sale. Currently, there is less than a four-month supply of inventory. This represents a decrease in supply of 7.1% from the same time last year.
With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Contact a local real estate professional today to see whether that is the case in your neighborhood.
Have you ever walked in your home and something was just out of whack? A stench takes your breath away when you walk into a room. You know what we are talking about … your home just stinks! Keeping your home smelling fresh can be simple with a few tips.
Open Your Windows
That’s right, start by opening your windows to let the fresh air in. A good cleaning out of the house with fresh air is the perfect step to removing odors.
Add Fresh Flowers
If you do not have allergies and do have a few extra dollars, practice what some European countries practice. Get yourself some fresh flowers. Fresh flowers can brighten up a room but they also make a room smell so beautiful. Choose your favorite scented flower and keep in your favorite room. Lilacs and roses are great flowers that have vibrant scents.
Change Your Air Filters
Fresh air starts with the air flowing through your ventilation system. To have clean air and to keep your home healthy, remember to regularly change your air filters. Depending on the type of air filters you have, you will change them every 2 – 6 months. We recommend changing them at least four times in the year.
Add Scented Fragrances
Adding candles or plug ins or some other scented item to your home can step up and remove the stink from your abode. There are so many scented items to make your home smell good. Try using oils and reeds. Even natural fragrances like gently simmering herbs and cinnamon on stovetop with some water can make a home smell homey.
Clean Your Trash Cans
We quickly throw out trash and use bags to store it, thinking that these bags can protect the cans they cover. But our cans carry odors from our coffee grounds, left over foods, boxes and containers from yogurt and milk. These items carry odors that stay with the trash cans. Take the time and wash out the trash cans regularly, and practice using baking soda in your bags to limit the odors.
Run a Cleaning Solution in Your Garbage Disposals
Garbage disposals naturally crush food to allow the flow of water in your sinks. But food creates odors. And therefore, your sinks can smell like a trash can. Using a disposal cleaner that you buy in the store is simple to run in your garbage disposal. Also using some white vinegar or ¼ of a whole lemon to clean the disposal is a good thing. To sharpen the disposal blades, add a few ice cubes to the disposal and run the disposal.
Clean your Washer
Fine smelling clothes can smell good on our bodies and in our closets. But foul, musty, and mildew scents can exist if you have a washing machine that has not been cleaned. Simply running some vinegar in a washing cycle without any clothes can clean any odors from the washer that can cause mildew like scents.
Run a solution through Your Dishwasher
Dishwashers are another area of the homes that have lingering odors from caked on food and dirty dishes. You can buy specific dishwasher cleaners from your store and run per the directions. Or like with the washing machine, use vinegar in the dishwasher to run a full empty cycle. Once you have run the cycle, you will have a fresh clean smelling dishwasher ready to take on any grime.
Clean Your Microwave
Like dishwashers, microwaves can carry ongoing smells from food. Food can also splatter on the walls of the microwave. So time to wipe down the inside of the microwave. Using a bowl of 2 parts water and 1 part vinegar, place it in the microwave. Turn the microwave on high for 4 – 6 minutes. Remove the bowl and wipe down the inside of the oven. Now a fresh smelling microwave.
Give your Pets a Bath
We love our pets and they are family. But our pets have fur and dander and pets do not take showers and baths regularly like we do. They go outside in the rain and sun to play in the grass. All fun things for our pets, but our pets then come in our homes and our homes can smell like a wet dog. Giving our pets baths regularly and brushing their fur will help keep our homes fresh and clean.
Does it feel as if your home improvement to-do list never ends? Try organizing your projects by month. Then knock these 12 items off your list.
Once you become a homeowner, the number of things you need (or want) to improve increases exponentially. There’s always something to be done. But certain times of year are better to tackle specific projects, whether your goal is to save money or sanity. Not sure where to begin? We’ve laid out a schedule below.
January: Clean your carpets and rugs
It may seem counterintuitive to do this when it’s cold out, but according to Jonathan Barnett, founder of Oxi Fresh Carpet Cleaning in Lakewood, CO, your flooring gets really dirty during the winter. Waiting until spring to remove all that grime can make it harder to get stains out. “Plus, the lack of humidity during the winter months allows moisture to evaporate quickly so wet carpets dry faster,” Barnett says. “And a clean carpet provides a healthier and better-smelling home, which is especially important during the winter, when most people spend the majority of their time indoors.”
February: Paint a room or two
Now is the perfect time to tackle an indoor project that you can enjoy year-round. “Indoor projects aren’t weather-dependent; it’s more of a supply and demand thing,” says Shaun McCarthy, president and owner of Handyman Connection in Colorado Springs, CO. If you’re hiring someone to paint for you, winter is a good time to do it. You’re likely to get a much better price than you’d get during the spring and summer, when many people book exterior painting jobs. But even if you’re planning to do it yourself, there are still benefits. Brisk winter air is good for curing paint, so cracking that window for ventilation serves a double purpose. (Unlike humid summer air, it won’t make your paint take longer to dry.) While you’re at it, if you haven’t weather-stripped or caulked your windows and doors, do it in February before the winds of March set in, says McCarthy.
March: Clean your gutters
“The most common problem I see in my home inspections is a wet basement or crawl space,” says Marc Shanley, a certified master inspector at Trinity Inspection, which services homes in Pennsylvania and New Jersey. One common culprit? Clogged gutters, which do an ineffective job of directing runoff away from your home’s foundation. All that moisture can cause major foundation problems. Depending on your gutters (and whether you have overhanging trees), you may need to tackle this task more than once a year. Even so, it’s best to do this before the April rains hit.
April: Refinish your hardwood floors
If you’ve discovered hardwoods beneath your new home’s carpeting, wait until spring to complete this labor-intensive but transformative task. “If you wait until it’s really hot out, the finish can cure too quickly and the sheen might not dry properly, which leads to a glossy, uneven finish,” says Arne Johansson, owner of Arne’s Floor Sanding in Minneapolis, MN.
May: Buy a new refrigerator
Although most large appliances go on sale later in the year, refrigerators have their moment in May, in preparation for the summer. To make room for that new inventory, the older versions usually go on sale, which can mean big discounts for consumers. Want even more savings? Consider energy efficiency (look for the Energy Star certification) and ask if you can buy the floor model. Don’t forget to haggle!
June: Freshen up your exterior
Now’s the time to wash your windows (or pay someone to do it), power-wash your siding, and install screens in your windows. Before you power-wash, be sure that all your weatherstripping and caulking is secure (and your windows are closed). Otherwise, you risk shooting the cleaning liquid into your house, says McCarthy. He also advises testing the washer’s power on an inconspicuous area of your exterior beforehand. “You want to clean your house, not take the paint off of it,” he says.
July: Fertilize your lawn
“Your lawn needs a solid four to six fertilization applications throughout the year to keep it healthy and growing,” says Gene Caballero, co-founder of GreenPal, an app that matches customers with landscapers. “Fertilizing in July will give your lawn the vitamins and nutrients it needs to get through the rest of the hot summer months. Also, this midsummer application helps to prevent weeds from germinating — setting you up for less weed pulling in the fall.”
August: Paint your home’s exterior
The best time to paint your home’s exterior is when temperatures remain consistent from day to day and don’t drastically dip overnight. “The real key,” says McCarthy, is “to work your way around the house so that you’re always painting in the shade.” First, map out what time of day the sun hits each side of your home, then paint accordingly. Of course, you could always hire a pro for this task. You might want to get some estimates, especially for a multistory house. Investing in the equipment (including a tall ladder or two) might not be worth the cost or the hassle.
September: Replace your windows
Caulk adheres better when the temperature is between 40 and 80 degrees, so those glorious days of late summer and early fall are an ideal time to replace your windows. Plus, when the cold weather does hit, new windows will keep the heat where it belongs — inside your house.
October: Buy new appliances
Big-ticket appliances such as stoves, washing machines, and dishwashers debut their newest models around this time of year. That frequently means deep discounts on the old ones. Some retailers will even start their holiday sales early. Double savings!
November: Remodel your bathroom
Contractors are entering their slow season this month, so they’re more willing to jump on a small project and get it done quickly, says McCarthy. “A powder room is a good way to test a contractor out, especially if you’re in the market for a larger renovation like a kitchen,” he says. “If you like the way it turns out, great; if you don’t, it’s low risk.”
December: Build a deck
You’ll probably get a good deal, because deck builders will be winding down for the winter. But adding a deck onto your house when it’s cold out makes sense from a building perspective too. December is less humid, so if you’re using pressure-treated wood, it’ll dry more consistently and evenly. Also, the hot sun won’t beat down on it, which can cause warping and cracking.
Get more impact from your next home improvement project with one of these ideas, each with a $3,000 price tag.
The top priority for most buyers when house hunting is function. While charm and character go a long way, they can’t overcome a bad layout, lack of storage, or a poor use of materials.
To really love the home you’re in and increase potential buyers’ interest, choose updates that will make living in your home easier.
For the small renovation budget of $3,000, you could complete any one of the projects below to boost the appeal, functionality and value of your home.
Add a covered entry
Many homes, especially older ones, don’t have a covered front door. Adding cover will not only greatly increase the curb appeal of your home, but also make your life easier. Say goodbye to fumbling for your keys in the rain with an armful of groceries.
A covered entry also offers guests a warm welcome, providing shelter while they wait at the door.
Create an open floor plan
Much new home construction today makes use of an open floor plan. A home where one room flows into the next is convenient for everyday family life, and is also a huge advantage when entertaining guests.
Creating an open floor plan in your home may be as simple as removing a wall. For a small investment, you can hire a contractor to take down a wall, creating a larger, more open space.
Homes with open floor plans often feel larger, which is a great selling point.
Upgrade to natural stone countertops
Whether you’re loving your home or selling it, one place upgrades have a major impact is the kitchen. Upgrading standard countertops can do wonders for the style of your kitchen, and also make the room more functional.
Natural stone countertops like granite are among the most durable on the market. Heavily resistant to scratches and high temperatures, they can stand up to anything you can cook up.
You can’t go wrong with any of these affordable updates. Each will make your home work better for your needs, and will be selling points for any future buyers.
When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold.
In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. According to the National Association of Realtors’ 2016 Profile of Home Buyers & Sellers, the percentage of buyers who used the internet in their home search increased to 94%.
However, the report also revealed that 96% of buyers who used the internet when searching for homes purchased their homes through either a real estate agent/broker or from a builder or builder’s agent. Only 2% purchased their homes directly from a seller whom the buyer didn’t know.
Buyers search for a home online but then depend on an agent to find the home they will buy (50%), to negotiate the terms of the sale (47%) & price (36%), or to help understand the process (61%).
The plethora of information now available has resulted in an increase in the percentage of buyers that reach out to real estate professionals to “connect the dots.” This is obvious, as the percentage of overall buyers who have used agents to buy their homes has steadily increased from 69% in 2001.
If you are thinking of selling your home, don’t underestimate the role a real estate professional can play in the process.
Your tax refund feels like found money, doesn’t it? Here’s how to use it to spruce up your living space.
April brings many lovely things: warmer temperatures, flowers beginning to bloom, and hopefully a check from Uncle Sam once you’ve filed your taxes. It’s enough to make you giddy with possibilities — no matter the size of your refund. “While it’s typically not sufficient to fund major home improvement projects such as a new addition or a kitchen renovation, it can often provide enough cash to accomplish a wide range of home up-fits and improvements,” says Leigh McAlpin, principal of Dwelling Interiors & Design in Charleston, SC. Here’s how to use your refund to refurbish or enhance your home.
$500 refund: It’s all in the details
Hire a professional organizer. “Since tax refunds often come during the springtime, you can tie this to spring cleaning,” says Sarah Roussos-Karakaian, co-owner of Nestrs, a construction, design, and organizing company in New York, NY. Most organizers charge a day rate, and if you work efficiently, a day or two might be all you need to banish clutter. Before you hire one, be sure to ask if they’re certified by the National Association of Professional Organizers, says Roussos-Karakaian. “It’s a good way to gauge how serious they are about their career.”
Recaulk and repaint your baseboards. “The top of the baseboard where the molding meets the wall gets really dirty over time,” says Roussos-Karakaian. “Caulking and giving it a fresh coat of paint can bring your walls back to life.” Contractors and painters typically charge anywhere from $2.50 to $6 per linear foot depending on the size of your baseboards, so if you don’t DIY it, this project may cost closer to $1,000.
Buy a new rug. The right rug finishes a room, and purchasing one is an excellent way to spend a smaller return. “A general rule for area rugs is that the outer edges of the rug should be between 6 and 18 inches off each wall, closer to 6 inches from the walls in smaller rooms, and up to 18 inches from the walls in larger areas,” says McAlpin. While it may be tempting to buy a small rug to save a few dollars, doing so will make your entire room look out of scale, she advises. “If it’s an open-concept floor plan, use area rugs to frame seating and dining areas, which will help to define the different uses of the space.”
Add curb appeal. Adding or updating some of the essentials, like a new mailbox, some flower boxes, new house numbers, outdoor lighting, and shrubs, can give your home a face-lift. Take your exterior upgrades to the next level by painting your front door. Want an even bigger payoff? Repaint the trim around windows and other features while you’re at it.
$1,000 refund: Think upgrades
Upgrade your water heater. It’s not a fun or sexy purchase, but swapping a standard water heater for a tankless model will save energy — and money — because it heats the water only as needed, says J.B. Sassano, president of Mr. Handyman, a network of home improvement professionals.
Give your ceiling a lift. Ceilings are easy to overlook, but revamping yours is an inexpensive way to add interest to a room, says Sassano. “If you still have popcorn ceilings, hire a professional to scrape them smooth,” he says. “Then look for DIY projects like installing crown molding or box beams for a fresh look.” A simple coat of fresh paint can do wonders too.
$2,000 refund: Add style
Upgrade your home’s lighting. If your entryway or dining room has flush-mount fixtures, swap them out for chandeliers, suggests Roussos-Karakaian. “It brings the light down, which makes it more purposeful, and aesthetically dresses up the room,” she says. But in any room, like with this semi-flush mount bedroom fixture at 629 Ames Way, Dover, ID 83825, swapping in new lights for those builder-grade finishes will give your home a customized look. And while you’re at it, swap out your incandescent bulbs for LEDs. “LEDs are really affordable right now. They come in warm and cool colors and all sorts of wattages,” says Roussos-Karakaian. Bonus: You’ll save energy too.
Treat yourself to wood flooring. You can expect to pay anywhere from $7 to $12 per square foot for quality hardwood flooring — potentially more if you choose professional installation. But this favorite home upgrade can return 1.5 to two times its cost when you sell, so it’s a worthy investment.
Build a deck or enhance the one you have. Of course, the cost of your deck will vary based on size and details, but a small deck typically costs about $2,000. And it’s a favorite feature for homebuyers — by far the most common amenity mentioned in Trulia listings across the U.S., with 22 states claiming it. It’s not a huge surprise that decks are so popular, though, considering they bring in an 80% to 120% return on your investment.
$3,000 refund: Add features with ROI in mind
Add a backsplash to your kitchen.Kitchen upgrades often have some of the highest returns on investment when it comes to home improvements. If you have neutral cabinets and floors, opt for tiles with big, bold prints, like the backsplash of the kitchen at 5769 Adair Lane, Plano, TX 75024, says Roussos-Karakaian. Or go super-DIY and buy peel-and-stick backsplash tiles, which are inexpensive and removable, but look luxe.
Splurge on French doors. “Consider turning two [adjacent] windows into an opening for beautiful French or sliding glass doors,” says Sassano. “Full-view glass doors can brighten up any space and help bring the outside in. And modern doors are energy-efficient, which cuts down on heating and cooling costs.”
$5,000 refund: Go big with projects you’ll enjoy
Put up a privacy fence or replace an old one. While cost will vary depending on the size of your yard and what materials you use, a sure way to keep costs down is to avoid common mistakes. If you have an in-ground sprinkler system, make sure you get the pipes marked beforehand to avoid damaging them. It’s also a good idea to have your property surveyed before you begin. Some fence installers won’t put in your fence without one! The reason? Installing your fence on what turns out to be your neighbor’s land can be an expensive error to fix. The privacy fence pictured above, at 12021 36th Avenue NE, Seattle, WA 98125, connects with the privacy fence of the home next door — another way to save costs.
Create a simple outdoor kitchen. With warmer weather on the horizon for most of the nation, now’s the time to enhance your barbecue area. Keeping the essentials in one place, an outdoor kitchen gives you party access while you cook — no running back and forth from kitchen to grill. To create one, purchase a premade grill island or structure that has countertops and storage space (you can even get one with a built-in grill). Add a mini refrigerator and some outdoor furniture, and let the party begin.