Category Archives: Real Estate Investing

Factors Influencing Urban Buyers’ Neighborhood Choice

64% – Quality of neighborhood

58% – Convenient to job

42% – Overall affordability of homes

36% – Convenient to friends or family

32% – Convenient to entertainment / leisure activities

29% – Convenient to shopping

27% – Convenient to parks / recreational facilities

26% – Design of neighborhood

20% – Convenient to schools

19% – Quality of school district

12% – Convenient to health facilities

8% – Availability of larger lots or acreage

7% – Convenient to airport

5% – Other

4% – Home in a planned community

Source: NATIONAL ASSOCIATION OF REALTORS®, 2013 Profile of Home Buyers and Sellers

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Avoid These Home Improvement Projects

In addition to being a poor investment, these projects will often hurt the future sale of your home:

  • Turning a bedroom into another type of space
  • Installing an above ground pool
  • Not keeping paint colors neutral
  • Installing a hot tub
  • Creating themed children’s bedrooms

When making changes or improvements to your home, always ask the question; how will this affect my home’s value and marketability when it’s time to sell?

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