Home Renovation Trends for Baby Boomers


Renovations Brooklyn

According to the US Census Bureau, the population of baby boomers in 2012 was estimated to be 76.4 million, which is nearly one-fourth of the total US population.

While some aging adults plan to gain new experiences in their golden year, statistics reveal that over 60% of the retirees decides to stay in their current home as mobility becomes a crucial factor in old age.

However, old age requires special care and attention to maintain health and comfort which involves various changes in day-to-day lifestyle.

Therefore, the most comfortable alternative for elderly homeowners is to undertake home renovation which includes creating and updating the home to make it more comfortable and safe for older people.

Although installing easy to operate faucets and appliance, grab bars, higher toilets, and slip-resistant floors are some primary upgrades that most retirees include in their home renovation project, one can also trace other definite…

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Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment


Kirk Callender's Real Estate Blog

door-alone

If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money. If you’re staving off home ownership because of your net worth, here are some reasons you may not need to hold off as you long as you thought.

Minimizing Your Insurance Costs

Putting down 20% of the total purchase price of your home is often suggested, but it doesn’t definitively mean that your application won’t be approved if you don’t. If you have a good credit score and are in good financial standing, putting less than 20% down means you’ll have to pay homeowner’s insurance; however, it can be worth paying the extra funds in order to get into the…

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7 Top Real Estate Housing Trends in 2017


Miguel Bustamante Realtor

2016 definitely demonstrated a strong display in the real estate industry. Home prices and sales got pretty powerful figures in 2016 and these figures were the strongest since the economic recession of 2016. Housing market conditions for 2017 are predicted to be having low mortgages rates as well as high demands for real estate properties. However, it is also important to note that there may or may not be any favorable conditions for people to purchase or borrow in the real estate market especially in a few initial months of 2017. Here is a brief list of top real estate housing trends in 2017:

1.    Housing Construction and Home Prices will Rise

second-image-hot_sold_1600Similar to 2016, housing construction will continue to increase as well as home prices will also increase in 2017. Housing construction will focus mostly in cities and will mostly include smaller homes, public transit and urban centers.

2.   …

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