CENTURY 21 Hughes



Posted by CENTURY 21 Hughes on 7/8/2018

Looking to buy a house in the near future? If your answer is "Yes," you may want to start reviewing housing market data. That way, you can gain the insights that you need to make data-driven decisions throughout the homebuying journey.

Ultimately, there are many housing market data that you'll want to assess as you prepare to buy a house, such as:

1. Mortgage Interest Rates

Mortgage interest rates fluctuate constantly. As such, if mortgage interest rates are low, you may want to move quickly to capitalize on them.

Meeting with banks and credit unions generally is a great idea if you plan to buy a house. These financial institutions can keep you up to date about mortgage interest rates and help you get pre-approved for a mortgage. Then, once you have a mortgage in hand, you'll be ready to pursue your dream house.

2. Average Amount of Time That a House Stays on the Real Estate Market

Differentiating between a buyer's market and a seller's market often can be difficult. Fortunately, if you examine the average amount of time that houses are listed in your city or town, you may be able to determine whether you're preparing to enter a buyer's or seller's market.

In a buyer's market, houses may be listed for many weeks or months before they sell. Also, these houses may be sold below their initial asking prices.

Comparatively, in a seller's market, homes may be available for only days before they sell. Homes that are available in a seller's market may be sold at or above their initial asking prices as well.

3. Prices of Houses in Various Cities and Towns

If you're open to living in a variety of cities or towns, you'll want to evaluate the prices of houses in many areas. That way, you can narrow your house search accordingly.

Oftentimes, homes in big cities are more expensive than those in small towns. On the other hand, big cities may provide quick, easy access to a broad range of attractions and landmarks that you simply won't find in small towns.

If you are ready to check out housing market data and begin a home search, it pays to hire a real estate agent too. In fact, with a real estate agent at your side, you should have no trouble enjoying a quick, seamless homebuying experience.

A real estate agent is happy to provide you with a wealth of housing market data. Plus, a real estate agent will teach you the ins and outs of buying a house. He or she also will keep you up to date about new houses as they become available and negotiate with a seller's agent on your behalf to ensure you can acquire a terrific house at a fair price.

When it comes to buying a house, it helps to be informed. If you assess the aforementioned data, you can obtain comprehensive real estate market insights to help you throughout the homebuying journey.





Posted by CENTURY 21 Hughes on 10/29/2017

Your home's driveway represents more than just an open space where you park your car day after day. In fact, your driveway could become a major selling point for your residence, one that could put your home over the top in the eyes of prospective homebuyers. So what does it take to enhance the quality of your home's driveway quickly and efficiently? Here are three factors that you should consider before you dedicate time and money to complete driveway renovations: 1. The Quality of Your Home A driveway improvement project should be considered in relation to other home improvement tasks throughout your residence. For example, is revamping your driveway more important than replacing your residence's hot water heater? This rarely, if ever, is the case, which means you may be better off dedicating your resources to other home improvement tasks before you commit time and money to enhance your driveway. Remember, your driveway is important but should not take precedence over various homebuyer must-haves. And for home sellers who are on the fence about driveway repairs, considering a homebuyer's perspective may help these sellers determine which home improvement projects should become top priorities. 2. Return on Investment (ROI) Ideally, you'll want to improve your home's driveway to enhance your residence's curb appeal and value as well as boost your chances of a quick home sale. To accomplish these feats, you'll need to ensure that the time and money you commit to driveway renovations delivers a significant return on investment (ROI); in other words, you'll want to guarantee that you'll get back what you put in to your driveway modifications. Consulting with a real estate agent can help you find the best way to maximize the ROI of driveway improvements, along with any other home repair tasks. This real estate professional is happy to provide tips to empower you with the skills and insights you need to bolster the quality of your home and optimize your residence's value. 3. The Real Estate Market Does your driveway already sparkle? If so, you may be able to use your driveway as a selling point to differentiate your residence from others on the real estate market. On the other hand, a subpar driveway that is loaded with cracks and holes may need to be repaired to the point where it won't detract from your home's curb appeal and value. When it comes to driveway improvements, it is important to note that major overhauls aren't always necessary. Instead, you may be able to fill in various cracks and holes to ensure your home's driveway offers plenty of parking and serves its purpose consistently. Take a look at some of the rival homes in your area to see the quality and condition of their driveways. By doing so, you'll be able to get a better idea about how your residence's driveway appears to homebuyers and act accordingly. Examine your driveway as you prepare to list your home on the real estate market, and you'll be ready to make any necessary improvements to help your residence generate interest from homebuyers.





Posted by CENTURY 21 Hughes on 9/13/2015

When searching for a home you may want to first consider if you are looking to purchase a new or an existing home. This is a common questions that many home buyers  consider during the early stages of their home search. Some of the advantages home buyers cite as reasons to buy a brand-new house or condominium are: energy-efficiency, open layout, a warranty, the selection of appliances, flooring, paint colors and other design elements. There are advantages to purchasing both new and existing homes. The National Association of Home Builders(NAHB) has created a list of the advantages of buying a newly built home. New homes are often built in communities of new homes. When this happens all the neighbors are new to the neighborhood. This can help families form bonds of friendship that can last a lifetime. Newer homes offer more open floor plans making entertaining easier. New-home layouts often feature great rooms, higher ceilings and additional windows that bringing in more light than you would find in an older home. The appeal of owning something new can be a strong draw. Some buyers like the thought of being the first to cook a dinner in a brand-new kitchen. While others don't like the idea of having to repaint or update an older home. A new home allows a buyer to create their own home décor from the beginning. Newer homes are built for today's high-definition televisions, DVRs, computers and other electronic needs. New homes can be tailored to meet an individual home owner’s needs. There is little to no cost associated with home repair on a new home. Buyers pick the features, appliances and modern features to suit your needs.  When purchasing a new home it is truly built to the buyer's liking. Newly constructed homes are more energy efficient. They often include energy saving features such as double-pane windows, insulation and appliances which can reduce energy costs. Have you ever considered buying a newly constructed home, if so, why?





Posted by CENTURY 21 Hughes on 2/8/2015

Are you looking for more space, ventilation or light in your home? One way to add more space or light to an existing home without a huge addition is to add dormers. If you're thinking about adding dormers to your house you will want to make sure they complement your home style. Dormers can take on many shapes and sizes here is a guide to the most popular: Gable- This is probably the most popular type of dormer. A gable dormer is typical in the English Tudor style home. Gabled dormers have gabled roofs, with two sloping planes that meet in the center. Hipped- These are similar to gabled dormers but hipped dormers are sheltered by side roofs and sloping fronts. They form a pointed cap meeting at a common ridge line. You can mostly find them on a Shingle, Prairie, and French Eclectic style home.

Eyebrow dormers- These dramatic dormers look like their name, they have a low upward curve and a lack of vertical sides. The eyebrow dormer is often a feature of Shingle style architecture. Shed- The shed dormer is the most simple, they feature single-planed, pitched roof. Shed dormers provide the greatest headroom and window space. The costs of adding dormers can vary; plan on an average cost of cost between $80 and $140 per square foot. This price reflects only the exterior work, when adding dormers there will be interior work, such as dry walling, painting, and more.  




Tags: adding dormers   dormers   eyebrow   gable   hipped   shed  
Categories: Home Design   Real estate  


Posted by CENTURY 21 Hughes on 4/6/2014

Is it time to buy a home? According to a Gallup poll, 67% of people polled say yes! According to Gallup, “Overall, there is good reason for most Americans to think now is a good time to buy a house. Interest rates remain near historic lows. Home prices are down sharply, providing many incredible buys.” According to the National Housing Survey conducted by Fannie Mae, buyers cited their major reasons for buying a home. Here are the results:

  • 80% Having a good place to raise children and provide a good education
  • 79% Having a physical structure where you and your family feel safe
  • 75% It allows you to have more space for your family
  • 69% It gives you control over what you do with your living space
So despite what has been a negative sentiment towards the housing market, buyers and the general public still think that homeownership is the way to go.  




Categories: Real estate  




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