Here is the current Housing Sentiment in California:
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
Some great ideas from Meghan Belnap of RISMedia:
Garages have evolved in recent years to do more than just serve as storage for your vehicles. Many homeowners are converting garages into workshops and even office spaces where they can work from home or on DIY projects.
Related: How Garage Storage Solutions Can Increase the Value of Your Home
Garages today serve various purposes, so it's best to install a few upgrades to increase your garage's functionality, as well as beauty. Here are some upgrades you can install in your garage to make it more desirable:
When discussing upgrades, it's best to focus on both functionality and beauty. If you have plans other than storing your car or yard equipment, a garage door upgrade is a wise investment. With an automatic door, you can easily access your garage when moving your car or bringing in supplies. While most automatic doors are fitted with remote control switches, some come with customized sensors. Before choosing a garage door, consult with your contractor on the best option for your garage.
Traditionally, garages are designed for minimalistic purposes. This being the case, most homeowners rarely dwell on its lighting system. Garages are usually fitted with an overhead garage door light and other bulbs. However, to increase a garage’s functionality and beauty, you should invest in a modern lighting system. LED strips along the sides of your garage will provide better ambient lighting and can be beautiful highlights for your car. Better lighting can also help brighten the mood of the garage space, especially if you are looking to use it as an art studio or workout space.
There are many upgrades and ideas that can be used for your garage floors. Instead of concrete, you can add a little beauty by using ceramic flooring, vinyl sheets or epoxy flooring. Some of these flooring options also serve as good ways to insulate your garage. One thing you should always keep in mind when choosing a flooring upgrade is the functionality of the garage. For instance, it wouldn’t make sense to fit a carpet covering the entire floor when you use the garage to store your car. Add beauty while keeping in mind the use.
The garage space has morphed to perform several functions, including being a gym, an art studio or even a gaming room. If you want to use your garage for one of these purposes, you need to install an upgrade that will make it more comfortable regardless of outside temperatures. To make your garage usable for these activities, you'll have to spend a little extra on insulation with appropriate heating and AC systems.
Making your garage desirable is a project worth your time, especially if you’re considering selling in the near future. Take time to go over the various options at your disposal; look at comfort, functionality and aesthetics. Consult with a contractor on the most viable upgrades you can install without violating building codes in your area. By doing this, you’ll soon have a garage you can truly enjoy rather than just using as a go-to storage space!
To see the full article, go to this page.
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
The May 2021 California Housing Sentiment Index:
Please click on image to see larger.
Francis
How was 2020 in Real Estate?
Well, one graph says it all. A lack of inventory shaped the landscape last year, pretty much everywhere. And the current trends continue upwards as of March 2021.
Francis
Young Adults Living at Home Are Saving for Down Payment.
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
The most commonly delayed home repairs
Source: Sears Home Services
Seventy percent of homeowners of about 1,000 recently surveyed say they have
delayed home repairs since the start of the COVID-19 pandemic, according to a
new report from Sears Home Services. Some consider those home repairs
“critical,” too. Furthermore, nearly 60 percent of homeowners surveyed say they
felt it’s acceptable to put off critical home repairs in the pandemic.
Many homeowners may be delaying home repairs due to their finances, the survey
finds. Homeowners under financial stress are the most likely to report
postponing repairs to broken appliances (34%), water damage (31%), electrical
issues (30%), and roof repairs (29%), according to the survey. These postponed
repairs, however, could result in pricier fixes later on or even dangers.
To see the whole report click here.
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
Fierce Competition Continues in CA Housing Market
The California housing market is red hot as the year comes to an end. The state has already recovered all the sales it lost in the first half of the year as insatiable housing demand in recent months has propelled sales to levels not seen in the past 15 years. Sales of existing single-family homes surpassed the 500,000 benchmark for the first time since January 2009, while year-to-date sales through November exceeded last year’s level for the first time since March and recorded an increase of 1.3 percent from 2019.
On the supply side, levels of for-sale properties remained extremely low, with active listings declining 18 percent in November 2020 from the prior month and 46.6 percent from a year ago. The unsold inventory index, in fact, reached the lowest level in over 16 years. The surge in Coronavirus cases since late October likely played a role in the biggerthan-normal drop in active listings this year as many homeowners have been reluctant to put their house up on the market because of public health concerns.
Click to see the full Jan.1 report.
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
The lowdown for California: Source: CALIFORNIA ASSN. OF REALTORS®
Defying an otherwise struggling economy, California home sales remained red hot in November, breaking the 500,000 sales benchmark for the first time since January 2009 and reaching the highest level in 15 years, the California Association of Realtors® said.
If you like my updates, subscribe to my Blog! Thank you for reading,
Francis
