Real Estate trends

Real estate trends are the same as with any other possession, whether it's clothing, computers or cars, there are trends in real estate that come and go. These trends eventually and inevitably make their way down through the levels of home ownership, and mark a property as "undoubtedly hot" or "undoubtedly not."  Take a look at properties in your area as well as the recent trends to ensure the selling of your property.

As you might have noticed swimming pools are not as hot anymore as in the past. More home buyers today are looking for a spacious backyard instead of a pool (or in some cases a splash pool) that only takes up useful space. Although It makes it suitable for a certain type of buyer - and the right buyer may very well pay extra for it, more home buyers are looking for garden space to put up jungle-gyms and basketball hoops.


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Believe it or not, but yet another trend that is suddenly disappearing from the market is the age-old trend of bay windows. These high-maintenance windows, while beautiful from both inside and out, can be a negative on today's house market. This doesn't mean having one will lower your property value, but ask around for advice before you install it in your home.

Obviously the more glass in a window, the more likely it is to break, be broken into, and leak warm air during the cold months. If you have a bay window, make sure it's properly sealed and has good insulation, and try to plate it with the heaviest glass you can afford.

Another "trend" on its way out (if it can be called a trend) is carpeting. All over home owners today are conscious of the fact that carpet styles come and go, but wood floors will always remain. Carpeted rooms require more maintenance than wood floors, and cost more money; a carpet wears out and goes out of style much more quickly than a wood floor (and that's a fact).

TODAY'S NEWS:

BY THE NUMBERS 65 percent: The percentage of existing home sales in Washoe County in the first quarter that involved a distressed property. At least 933 of the 1,436 existing homes sold during the first three months of this year were either a short sale or bank-owned property.

WILLIAMSBURG, Va. -- In a difficult housing market, buyers and sellers rely upon good, solid real estate counsel to close deals. Many properties in the Virginia real estate market have lost value over ...

CHICAGO, LONDON and SINGAPORE, Feb. 6, 2012 /PRNewswire/ -- While economic uncertainty still affects the main commercial real estate centres around the world, global real estate markets are showing steady ...

 


If you have carpets in your house and are thinking of installing wood floors for the sake of higher property value, it can be a tremendous expense. In that case, the wise home seller may simply choose to re-carpet. If you go this direction, make sure to pick a durable carpet that wears well and also have a lasting effect in your home.

Ensure that whether you're buying, selling, or building, the best advice is to keep an eye open for what's popular today, and use those trends as starting points when it comes to making decisions about your house. Because each property has its own style and every homeowner has his own preference it comes down to what makes the house comfortable to live in.

 

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