found this article in todays National Association of Realtors on line Magazine,
it shows what homeowners wish list for the New Year would be if economic
conditions are good.
best take away from this, along with the obvious that the economy has pushed
back plans to keep peoples houses up to date, but if you are a buyer what to
keep your eyes open for so you can forestall any of these for years to come.
am happy to say there are a lot of new programs out there for homeowners to get
low cost loans to fix there houses up we have to remember your house is the
single most important investment for you and it is this investment that will
make up a large portfolio of your retirement income. Sooooo, put off that
vacation or expensive purchases and keep up your investment.
ideas on what should be done to get the most value out of your home with the
least amount of money, see a couple of articles I have posted
Things People Say Their Homes Don't Have
DAILY REAL ESTATE NEWS | TUESDAY, DECEMBER 16, 2014
Energy efficiency: Seventy-one percent of
respondents ranked it as important, but only 35 percent are satisfied with
their current home's energy efficiency. Utility costs are rising, and
Americans' spending on electricity has surged 56 percent since 2000. More home
owners are seeking ways to lower their utility costs. Energy-use monitors,
smart home thermostats, high-efficiency appliances, and greater smart-home
technology may pave the way for change in this area. Renovation-ready: More than three-quarters of
households say their homes require repairs. The recession caused many home
owners to delay major projects. The top five major home-improvement jobs
identified among households are painting; replacing carpet/flooring; remodeling
a bathroom; remodeling a kitchen; and replacing windows and doors. Updated kitchens and
households say their kitchens could use an upgrade. Sixty-two percent of
households say an updated kitchen with modern appliances and fixtures is
important; only 38 percent are satisfied with their current home's
kitchen. Accessibility: Americans have more needs for
accessibility features in their homes that will allow them to age in place.
Seventy-six percent of Americans surveyed believe a home they can stay in as
they get older is important, but only 53 percent think their home meets that
criteria. Baby boomers are increasingly interested in single-story homes, but
they aren't necessarily interested in slimming down the home's square footage,
Burbank notes. Affordability: One in five Americans surveyed say they
are unsatisfied with the cost of their current living situation. Twenty-six
percent of owners and 40 percent of renters are spending more than 30 percent
of their income on housing expenses. Eighty-one percent say it's important that
their housing costs fit their budget without requiring sacrifices. However, 60
percent say they've achieved this, while the rest say they do have to make
sacrifices to afford their home. "There's certainly a well-documented
shortage of affordable housing, particularly when it comes to renters, and the
situation is only getting worse," says Burbank. Safety: Twenty-two percent of those
surveyed say they're unsatisfied with the safety in their current home. About
one-fifth of that group — most of whom live in non-urban areas — say they feel
their neighborhood has become less safe in recent years. Home security systems
and other technology may be the key to providing home owners with more peace of
mind, Burbank says. Privacy: More households desire privacy
from their neighbors. Sixty-three percent consider privacy important, but only
42 percent say they're satisfied with their current home's privacy. Greater storage: Nearly half of people planning to
move say they want more space than they have in their current home. A home with
ample storage space is an important feature households identified, and it's one
of the key reasons they want to renovate, too. Fifty-five percent of households
say a home with storage space is important, but only 35 percent are currently satisfied
with their home's storage space. Robert Schmalz California Broker Lic
West LA Real Estate Group / Rodeo Realty
11940 San Vicente Blvd Suite #100
Los Angeles, CA 90049
I am Bob Schmalz a California Licensed Real Estate Broker, I am the founder and owner of West Los Angeles Real Estate Group, handling all Real Estate needs from residential to investments To name a few of the cities we cover in West Los Angeles; Beverly Hills, Santa Monica, Brentwood , Pacific Palisades and Malibu are some of the most popular. Our beliefs are that our clients should have the knowledge they need to make decisions in there Real Estate Goals. In this way our clients helps us make the right decisions for themselves.
FIRST TIME HOMEBUYERS:INTEREST RATES BELOW 4% + LOW DOWN PA
"Dear Bob and Barbara,
I should have sat down and wrote this sooner. I hope your holidays were beautiful and the New Year has started nicely for you.
I wish to thank both of you for helping Carl and I find a beautiful home for our family. We needed to work on a budget yet we wanted something nice. We found it with your patience and support throughout the process.
I loved the way you took time to show us each category and price range. You showed us houses, townhomes, and condos. We were able to see what we could get for our money and what city or area we could get for the price we offered. You have a wonderful "eye" to see the flaws and good points of a place, and we really appreciate that knowledge.
Thank you too for our homecoming gifts, that was a personal touch.
May God bless you and your family always.
Christina & Carl Holkirk