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Showing posts with the label real estate

Coastal New Hampshire Luxury Mansion Hits Market for $25 Million

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When Michael Kane and Jamee Field Kane first set eyes on their 1930s seaside abode in New Hampshire, they were captivated by its historical allure and panoramic sea vistas. However, hidden beneath the grand brick exterior, the estate was largely just an empty frame. An earlier homeowner had completely removed the rear portion of the Colonial Revival-style home, taking away much of the original structure. "Basically, they left nothing but the core elements; the sole feature remaining from what stood before was the principal staircase," explained Michael, a native of New Hampshire and the CEO of Portsmouth’s Kane Company, which specializes in real estate development and investments. Impressed by the property's promise, the Kanes invested $3 million in purchasing it back in 2010 and proceeded with an extensive, high-budget refurbishment that honored the initial design. As they prepare to relocate to Florida, they have put this historically significant residence, for...

Why a Coming Reccession Might Not Hit the Housing Market as Expected, According to a Top Realtor

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The economic situation is quite unpredictable. Although inflation seems to be easing, rising tariffs , stock market dips and global uncertainty are keeping everyone on edge As mortgage rates fluctuate, homebuyers are querying whether housing will become more affordable during an economic downturn. After more than 20 years in real estate I've experienced plenty of highs and lows, ranging from prosperous periods to severe downturns, such as the one in 2008. The reality is that there's always an opportunity For some homebuyers, particularly during an economic decline, the real estate market does not halt during a recession. Instead, it changes direction. If you are financially prepared, this change can work to your advantage. work in your favor . Let's explore what a downturn truly signifies. mortgage rates , whether house prices might drop and when would be a good time to buy. buy a home . Recession risks are real There are numerous signs of an ...

Diane Keaton's Enchanting Pinterest-Perfect Mansion Hits the Market at $28.9M

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Picture the offspring of a Nancy Meyers Set design along with an impressive Pinterest board will nearly capture the essence of it. Diane Keaton His most recent property listing. The Oscar -acclaimed actress and repeated participant in house renovation projects is putting up her property for sale Sullivan Canyon dream home For $28.9 million, and following almost 14 years of ownership. Initially bought for $4.7 million back in 2011, the estate went through an extensive renovation process which was chronicled by Keaton in her publication. The Home Created ByPinterest . Drawn from a childhood recollection of The Three Little Pigs Guided by her long-time friend and filmmaker Nancy Meyers, Keaton undertook a three-year restoration that thoroughly reinvented the 1920s home. Located at the boundary between Brentwood and Pacific Palisades, this 9,200-square-foot residence seems plucked directly from one of Keaton’s cherished movies. Collaborating with archit...

11 Key Design Elements That Can Boost Your Home's Sale Price, Says Top Real Estate Pro

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We're all about enhancing your living space. your own maximum enjoyment , however, we recognize that homeowners might have varying preferences regarding what they choose to do or refrain from doing for their property’s upkeep. resale value . Selling your home can be stressful enough. From engaging a real estate agent to understanding the details, optimal moment to put your house on the market From having your home appraised to passing each inspection, it’s quite an undertaking. Therefore, if there are tasks that can be delegated, we recommend doing so, particularly if they could generate income for you over time. Following an analysis of over 2 million properties put up for sale in 2024, Zillow has recently been released report On which keywords can increase a house's selling price, research revealed that buyers now prefer distinctive properties over generic ones. "This year's findings highlight that daring design decisions are gainin...

Phoenix Sets Sights on Vacant Lots for a Development Boom

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Two vacant plots and an upcoming empty police station? It might not seem significant. However, for the City of Phoenix, this presents a valuable chance to revitalize downtown area. The city mentions that there isn’t significant growth around 7th Avenue and Washington Street compared to areas such as Roosevelt Row and Central Avenue. Therefore, they aim to alter this situation. Currently, the southwestern corner features a gravel lot. In contrast, the northwestern corner houses a parking area, with the Phoenix Police headquarters located directly opposite. It’s worth noting that the police department plans to relocate from their current site at some point; they will be moving into the previous location of the Wells Fargo tower several blocks down the road, thus rendering this particular structure empty once they depart. The city has employed an economist to carry out a comprehensive analysis of the local demographic landscape. The focus includes identifying gaps in retail es...

This 4-Bedroom NJ Ranch Exposes the Imbalance in Today’s Housing Market

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Earlier this year, two homes were listed for sale at comparable prices around the same time. One of them received 25 bids, whereas the other didn’t attract any offers. Several elements influence demand, such as the property’s condition and the selling price established by the owner. However, at present, location stands out as an influential aspect. The housing market in the Northeast and Midwest has a higher number of potential buyers compared to the availability of properties. However, certain areas within the Sunbelt region are experiencing an influx of homes listed for sale. In locations such as Wyckoff, New Jersey, the disparity is evident. A four-bedroom ranch-style home listed at slightly more than $1.1 million went up for sale in early February and received numerous bids within a week. The successful purchasers ended up agreeing to pay approximately $200,000 above the original listing price. However, in Miami, a six-bedroom property featuring an impressive stairca...

Florida's Top 3 Cities on the Brink of a Housing Market Crash

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As unused stock accumulates throughout the state, According to a recent study by information services provider CoreLogic, three metropolitan areas in Florida are currently at a high risk of experiencing a housing market downturn this year. According to estimates from researchers within the organization, using figures from January, Winter Haven, Tampa, and West Palm Beach in Florida stand out as three of the top five U.S. markets to monitor in 2025 due to their substantial likelihood—more than a 70% probability—to experience decreases in prices. gudangmovies21 reached out to CoreLogic via email for their input on Wednesday. Why It Matters Following years of growth, the Florida real estate market is currently facing a downturn. The arrival of new residents from other states has significantly decreased since the pandemic began, and high costs continue to be a barrier for potential homebuyers seeking to achieve their dream of owning property here. Even though an in...

10 Crucial Mistakes to Avoid When Purchasing a Home

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Future Development If you're considering a particular house, ponder over possible changes in the neighborhood. For instance: Should the property be close to a bustling street, could there be upcoming expansions? Or if the location has plenty of vacant land nearby, might new constructions pop up shortly? Finding solid details regarding upcoming changes might be challenging, yet considering various scenarios as you search could assist you in locating your dream house. Additionally, remember to factor in possible contingencies. resale value Of your potential future residence since nobody can predict what lies ahead, and you might have to sell sooner than anticipated. Forgetting Pre-Approval If you're truly committed to purchasing a home rather than merely browsing, make certain to secure pre-approval from your bank or credit union PRIOR to beginning your property search. This step stands out as crucial advice many buyers regret overlooking when a...

Discover a Unique Hideaway: This Upstate NY Mini-Village Built from Found Materials Can Be Yours for $269K

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In 2006, during a visit to Upstate New York, Matt Bua opted to settle down and purchase some land in the region. Bua, who owns and created b-Home Studio , discovered 13.4 acres in Catskill, New York, which seemed ideal. Bua shares with https://5.180.24.3/Make It, “I’ve always dreamed of having a space where I can construct tiny houses and sculptures without worrying about dismantling them afterward.” Living in New York City as an artist, Bua frequently engaged in installations and cooperative construction endeavors. Upon purchasing his initial plot of land, he resolved to utilize reclaimed materials abundant upstate for the development of structures on this site. All of these materials carry a history and possess their own tales," he states. "The spiritual energy attached to items previously utilized by individuals but retaining significant utility fascinated me. Soon after acquiring their initial plot of land, Bua and his father bought another 13.3-acre pro...

Should You Sell or Rent Out Your Home?

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Key takeaways Choosing between selling your home or renting it out largely hinges on where you live, along with individual factors like your current financial requirements and long-term living arrangements. It might be more advisable to sell if you require the funds from the sale to finance your new residence or if you could potentially realize significant profits. Leasing it out might be a wise option if you seek extra earnings or anticipate returning after a temporary relocation. Many factors can prompt a homeowner to seek relocation. Regardless of the specific motivation, an essential consideration remains: How should you handle your present property? Based on your economic circumstances and real estate conditions locally, holding onto the house as a rental could be more advantageous than putting it up for sale. When weighing whether to rent or sell, evaluate these associated expenses for both choices along with situations where either appro...

I Overpaid for My Home, But It Ended Up Saving Me a Fortune

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Locate a Competent Financial Adviser Finding a financial advisor It doesn’t have to be complicated. With SmartAsset’s free tool, you can quickly connect with up to three fee-only financial advisors who service your locality. All of these advisors undergo a rigorous screening process. SmartAsset and must adhere to a fiduciary duty to prioritize your best interests. Start your search now. The information and specifics on this page might have been modified or altered after the publishing date. Please check out our article for updates. Business Insider for current information. Affiliate links for the items featured on this page come from partners who provide compensation (see our) advertiser disclosure with our partner listing For additional information, please refer to this link. Nonetheless, our viewpoints are entirely personal. See how we rate mortgages to create impartial product reviews. While looking for a house, my spouse and I found ourselves in a b...

6 Common Curb Appeal Blunders That Can Decrease Your Home's Value

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Do not dismiss the impact of strong curb appeal —A visually appealing and well-kept exterior can boost your home’s value by up to 7 percent, suggests one study. real estate study From the University of Texas at Arlington. However, researchers suggest multiplying that figure by two during a sluggish real estate market. A nicely kept outside area doesn’t just make the property more appealing; it also indicates to potential purchasers that the house has been properly maintained, according to the statement. Cindy Morrison , a real estate agent in Tulsa, Oklahoma. “The attractiveness of a house from the street has always played a crucial role in making an initial impactful impression on prospective buyers—it’s that instant attraction,” she explains. On the other hand, if your house doesn’t have good street appeal, you might discourage potential purchasers, leading to inadequate bids and extending the period your property remains for sale. In turn, this situation increases t...

Mistakes That Could Sink Your Home Sale, According to Experts

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Undoubtedly, listing your house for sale can be quite a stressful ordeal; however, what happens if Your primary occupation involves selling properties. Surprisingly, even after that, everything isn’t completely smooth sailing. Regardless of whether it involves attempting to sell during the inappropriate season or selecting an estate agent who inaccurately inflated their property value, we consulted three experienced real estate professionals, and they too encountered situations where this happened. standing on the opposite side of the barrier isn’t that easy. As such, their individual experiences have imparted valuable lessons – ones you can also benefit from learning. 'I didn't realize how significant initial impressions can be.' Although Bola Ranson’s role involves promoting properties through his commercial and residential agency, Ranson Estate Agents, located in London’s Canary Wharf, he has encountered challenges when trying to sell his own properti...