Kitchen remodels don’t come cheap. The average cost to update a 200-square-foot kitchen—including installing new flooring, semicustom wood cabinets, and standard appliances—is a whopping $62,000, according to Remodeling Magazine. Homeowners who want to add in more luxurious touches, such as stone countertops, a commercial-grade cooktop, designer faucets, and top-of-the-line custom cabinets, may pay as much as $123,000.
Starter homes are harder to come by as builders struggle to offer more entry-level real estate options amid higher construction costs, a new study shows. Just 16 percent of new homes are selling for under $200,000, down from 44 percent in 2010, according to an analysis by research firm John Burns Real Estate Consulting. The
Nearly two-thirds of renters—about 64 percent—say they plan to move to a different city before settling down, according to rental website ApartmentList.com. So where are they leaving from and going to? Apartment List surveyed about 24,000 renters and analyzed data from 50 of the largest metros across the country. Renters in the priciest cities, such
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of REALTORS®. The national median price for an existing single-family home was $255,600, up from $240,700—the previous high—in the second
While there was a 7-percent drop this year in people experiencing homelessness in Contra Costa County when an annual survey was conducted in January, there was a substantial rise in the number of homeless in Central County — with the exception of cities including Danville and San Ramon — according to a report released this
It’s National Homeownership Month, and the FTC and the National Association of Realtors® want to remind you that scammers sometimes use emails to rob home buyers of their closing costs and personal information. Here’s how the scam works: hackers break into the email accounts of buyers or real estate professionals to get information about upcoming
Home Renovations That May Not Be Worth It Not every improvement made to a house will ultimately raise its value. Homeowners who are looking for projects that will pay back at resale would be smart to consult a local real estate professional to determine whether the project they have planned would help boost their home’s value.
Real estate professionals see a lot of dumb reasons why home buyers ultimately end up losing out on a deal. Practitioners recently shared some of the more common mistakes with realtor.com®, including ways to correct the situation: 1. Shopping outside their price range. “It sounds obvious, but some home buyers just have trouble sticking to