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
"Mr. Robert Schmalz
West Los Angeles Real Estate Group
Keller Williams of Santa Monica
Santa Monica, Ca. 90405
Thank you so much for your assistance in buying a home. I was not sure if the purchase of a Home would be in my best interest this late in my life, but now after having moved in…it is a great feeling.
Being a first time buyer, I would like to share some of my experiences. It is always fun to watch HGTV and see how simple it is to buy a home. And I thought, well that is not that difficult….Man was I wrong. Many of my homeowner friends told me all the weird things they encountered, but I believe my home purchase topped it all. -And in the midst of it - Bob ….by my side every step of the way…calming me down when angry, motivating when frustrated, happy hour when celebrating. He cared as I have never experienced before, ask and you shall receive.
Here is the thought process that led to the biggest purchase of my life.
There is probably no better time to buy then now. Will the market drop further? Maybe. However, by the time you decide the market could be on the way up again.
Why buy and not rent again? Rent would be close to the same amount of the mortgage without the benefits.
How did I pick Bob to be my realtor?
I interviewed a handful of real estate agents, and Bob was interested in me as a person, not just a client. Over the entire “buying process", handling my requests to see property on short notice...and I mean short notice (sometimes within a few hours), working closely with the seller's broker, mortgage broker, bank, escrow, Bob was there to assist and handle it.
Bob was reachable for me at any time and his communication was immaculate. We exchanged emails and text messages until late into the night.
Especially as a first time buyer, you need someone that you can trust, someone with integrity. It is a scary and stressful undertaking when you buy. Bob was able to make that process smooth and handled any emotional difficulties well. I doubt anyone else could have handled it any better.
With great appreciation,