IN-LAW SUITES EXPAND THEIR SCOPE. Multiple generations have long benefited from homes with adaptable living spaces, but these days not only grandma, but for kids & grands. Young adults are returning back or delaying when they leave. Housing affordability fuels this somewhat. MORE TO COME
Flexible spaces such as mudrooms are becoming multipurpose ARRIVAL ZONES to hang keys, drop mail & charge electronics. Mudrooms now have more functions. HOME OFFICES require flexibility. Buyers want dedicated space, as 5G mobile videoconferencing gains traction. MORE TO COME
While economic damage is inevitable, home prices should remain stable. More virtual tours, electronic signatures & hand sanitizer. Recovery is a question mark! The stimulus, along with American resiliency, will pull us through. National Association of Realtors’ chief economist Lawrence Yun.
And I say, this shows that Americans care about the land in general & the whole world. Americans don’t want war; they want a house. As Sharon Millett the 1999 National Association of Realtors President stated. SAME FOR ALL OF US!
But I want a house. A house is a symbol of independence, both spiritual & physical. The American’s feeling about his house expresses the main traits of Americans, the desire for independence & privacy. It’s an attitude that’s open, kind & caring, both toward the house & everything it stands for. MORE TO COME!
From 1999 with a former Soviet citizen stating Americans do not want war. What Americans want is a house. No matter their place on the social ladder, they want a house of their own. They want a house & the ground it stands on, that’s all. My dream…..my own house…..is unattainable for my husband and myself …..as unattainable as heaven on earth. MORE!
EXTERIOR WINNERS: New roofing & ROI (Return On Investment) is 107%. New garage door & ROI is 95%. New fiber-cement siding & ROI is 76%. New steel or fiberglass front door & ROI is 75% for steel & 74% for fiberglass.
INTERIOR WINNERS: New wood flooring & ROI is 106%. Hardwood flooring refinish & ROI is 100%. HVAC replacement & ROI is 85%. Insulation upgrade ROI is 83%.
According to the U.S. Census Bureau nationwide the median cost per square fee in 2017 was $101.25. The South (including Texas and Florida) registered $95.35 per sq ft. The West was higher at $126.42, but the highest is the Northeast (New York) at $148.95 per sq ft. YES, WE ARE FORTUNATE TO LIVE IN TEXAS!
When buying a home you have the price of a home, BUT also (1) HOMEOWNERS INSURANCE to protect your homes from disasters and accidents. Flood insurance is extra. (2) HOMEOWNER ASSOCIATIONS. Can be $100 a month or much more. Be sure you understand this. (3) REPAIRS, REMODELING, MAINTENANCE. Does the house need new AC + the ongoing costs of keeping the house & yard in pristine condition. (4) TAXES. May be exemptions or maybe not.
(1) WALK YOUR WAY TO HEALTH: 20 minutes of walking a day, 5 days a week gives you more energy & lose your cravings for sweets, helps with stiff joints. (2) EMBRACE ONE-FLOOR LIVING: easier to move if too expensive to adapt a single floor. (3) GET COMFORTABLE WITH TECHNOLOGY: take a class to learn to use your tablet or smartphones, as to everything they will do.