Some properties have very interesting histories!
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Kitchen remodeling sales were up 36 percent in the third quarter of 2011 compared with the same time a year earlier, according to the National Kitchen & Bath Association. It's no wonder: The kitchen is the focal point in many homes. And it's one of the features buyers compare most closely when they're shopping for a home. Here are cost estimates for some of the low-cost kitchen upgrades to recommend to sellers:
1. Hardware.
Replacing cabinet hardware, such as handles, knobs and hinges is a quick way to enhance kitchen space. Averaging between $2 and $20 per knob or pull, a home owner can expect to spend from $80 to $800 for this enhancement.
2. Faucet.
There are myriad options today in terms of height, spouts, pullout hoses and folding necks, with quality faucets starting at around $200.
3. Lighting.
Adding a LED under cabinet light can have a dramatic effect for about $40.
4. Organization.
Buyers today choose functionality over elaborate decoration says Jamie Goldberg, a National Kitchen & Bath Association- certified designer. Practical storage in the kitchen will go a long way. Over the door hooks, baskets in the pantry, drawer organizers, wall hooks for pots & pans and stackable shelves for cabinets will add appeal, typically for less than $100.
5. Countertops.
Laminate can mimic the contemporary look of granite at a significant discount. The cost for an average kitchen with 30 linear feet of laminate countertop is roughly $1, 575: the same space in granite would be about $2400.
Would you prefer a penthouse in New York, oceanfront in Hawaii or acreage in California?
http://realestate.aol.com/blog/2012/04/13/30-year-mortgage-again-nears-record-low/
While you’ve probably heard many negative stories about the real estate market over the past few years, there are many buyers who have actually taken advantage of the current market to great success. For savvy homebuyers, the current marketplace has yielded tremendous opportunity—most notably in the area of high-end or luxury homes.
If you’ve always dreamed about buying a luxury property but considered it just out of reach, the market may paint an entirely different picture today. Many homeowners, unable to sustain the costs associated with a luxury home, have been forced to sell. The general decline in home values in recent years has also put downward pressure on the prices of higher-end homes.
Buying a luxury home requires a specific strategy, however, so before you embark on the process, consider the following:
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According to the National Association of Realtors economist Lawrence Yun, Spring 2012 is Bright!
Prices appear to be stabilized, even in the wake of the next wave of foreclosures.
From Bank of America/Merrill Lynch, their analust concur that prices are at the bottom in the real estate market.
According to the National Association of Realtors economist Lawrence Yun, Spring 2012 is Bright!