So, you own a home that isn’t selling, or something else is keeping you from selling it, but you still want to add some extra money to your budget. Renting out is a reasonable option many homeowners who won’t or can’t sell choose. Although renting out your home or a part of your home is a relatively easy way to earn extra cash, not everyone is capable of doing so. There are several things you should take into consideration before putting your home on the market as a rental property.
Continue readingMonthly Archives: August 2019
EXEC Travel: Staycation Guide to Kansas City
With back-to-school season upon us, we’re putting together some fun staycation guides for you and your loved ones so you can enjoy some fun and relaxation in your hometown without needing to plan an entire vacation. Here are some ideas for what to see, do and eat in Kansas City for the perfect local staycation.
Continue readingHow to Get Rid of Large Items in Your Home
Whether you are refurbishing your home or moving to a new house, knowing how to get rid of large items in your house and unwanted furniture is a real challenge. A damaged car, unwanted furniture, and other large items in the house require a good process. In this list, we have indicated some tips that could help you get rid of old items to create space for newer decor in your house.
Continue readingHow Senior Citizens are Impacting the Housing Market
In a recent report, Freddie Mac compared the homeownership rates of two groups of seniors: the Good Times Cohort (born from 1931-1941) and the previous generations (born in the 1930s). The data shows an increase in the homeownership rate for the Good Times Cohort because seniors are now aging in place, living longer, and maintaining a high quality of life into their later years.
This, however, does not mean all seniors are staying in place. Some are actively buying and selling homes. In the 2019 Home Buyers and Sellers Generational Trends Report, the National Association of Realtors® (NAR) showed the percentage of seniors buying and selling:
Highlights from NAR’s report:
- Buyers ages 54 to 63 had higher median household incomes and were more likely to be married couples.
- 12% of buyers ages 54 to 63 are first-time homebuyers, 5% (64 to 72), and 4% (73 to 93).
- Buyers ages 54 to 63 purchased because of an interest in being closer to friends and families, job relocation, and the desire to own a home of their own.
- Sellers 54 years and older often downsized and purchased a smaller, less expensive home than the one they sold.
- Sellers ages 64 to 72 lived in their homes for 21 years or more.
Bottom Line
According to NAR’s report, 58% of buyers ages 64 to 72 said they need help from an agent to find the right home. The transition from a current home to a new one is significant to undertake, especially for anyone who has lived in the same house for many years. If you’re a senior thinking about buying or selling a home, call Team Nest Builder’s Lynn Garafola today to help you make the move as smoothly as possible.
Originally published on tapinto.net. by Lynn Garafola.
Front Entryway Designs to Fit Your Home’s Style
A welcoming and well-organized entrance will make your home feel inviting and set the tone for the rest of the home. But with the need for storage, seating and decor, what design concepts best fit your home entryway?
Open Concept
If you open you door to a large and empty space, it’s a good idea to take advantage of the open space but carve some clearly defined zones meant for specific purposes. Adding a large bench or sofa against your sofa can help define the entrance. Another way to make your own entry is to put a piece of furniture used to hold scarves, jackets or other outdoor accessories next to the door. This way your guests and yourself can enter the home and know what that space is intended for.
Continue readingHome Seller’s Guide to Success – Now Available in PrimeAgent
Selling your home is a huge decision and there is a lot to consider and prepare before and during the process. It is important to know what is involved and what it will mean for you. Realty Executives are experts in the home selling process. Use this exclusive Home Seller’s Guide to help walk you through the process from start to finish in preparation for selling your home.
Continue readingQuestions to Ask When Buying a Home With Someone
Buying a home can be a fantastic investment, but it also comes with its fair share of responsibilities, obligations, and financial strains, especially if you’re considering purchasing a home with someone else. While it’s very common for married couples to purchase homes jointly, it’s also not uncommon for people to purchase homes with those they aren’t married to, though this does have pros and cons. Here are some helpful questions to ask yourself when considering buying a home with a significant other, friend, or relative.
Continue readingSustainable Home Decor to Add to Your Design
We’re halfway through 2019, but it’s never too late to start working toward sustainable living. One easy way to live a more eco-friendly lifestyle is to purchase from brands whose goal is to create ethically and sustainably made products. If you’re in the market for some new home decor, here are our top picks for the best sustainable home decor brands to check out this year.
Continue readingTips for Moving Stress Free
Moving is always a source of stress, but there are several ways you can get through the process and work through those boxes as efficiently and quickly as possible. Check out these tips to moving without the stress and hassle.
1. Adopt a solution-focused attitude
You can’t control everything, but you can choose how you react. If you see moving as a challenge, you’re more likely to see options and solutions to difficult situations. Staying optimistic and positive will help you keep calm and open to new possibilities. In contrast, if you see moving as mostly a negative experience on par with getting a tooth pulled, your natural response could be to shut down, avoid, and procrastinate — which will only lead to more stress. While there’s no doubt that moving involves stress and work, you can make things easier on yourself by deciding to move forward one small step at a time.
Continue readingRealty Executives Local Group Inc. Brokerage Moves to Downtown North Bay, Ontario
Realty Executives Local Group Inc. Brokerage is excited to announce it held its grand opening of the new office and investment in North Bay, Ontario. Previously on Lakeshore Drive, the successful franchise decided to relocate after an amazing opportunity presented itself to purchase a historic building in the core of downtown North Bay.
The grand opening event featured live music by North Bay symphony members, tasty food and drinks from local restaurants and honorary guests such as Anthony Rota, Member of Parliament for Nipissing -Timiskaming, Councilman Marcus Tignanelli and President of Realty Executives Regional Ontario, Scott Gilmour. The event was attended by current and past clients, family, friends and community members.
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