Friday, September 1, 2023 / by Richard Eimers
Amidst the growing demand for home improvement projects, such as kitchen and bath remodels, and outdoor renovations, it has become increasingly important to be vigilant against contractor scams. Recent reports indicate that 1 in 10 Americans have fallen victim to these deceptive schemes, resulting in significant financial losses averaging around $2,426 per case.
To protect yourself from contractor scams, Richard Eimers from Beach Road Realty, serving the Destin, 30a, and Inlet Beach areas, advises following these comprehensive tips provided by a Nationwide Provider:
Verify contractor's license and insurance: Before hiring any contractor, always request proof of their license and insurance. A licensed and bonded contractor offers homeowners an added layer of financial security and reassurance, knowing that they are working with a legitimate and qualified professional.
Get everything in writing and review the contract carefully: Verbal agreements are risky and prone to misp ...
Wednesday, August 30, 2023 / by Richard Eimers
By Tina Martin
Starting a home-based business while simultaneously moving is no small feat. It brings about unique challenges that can be daunting for many. To navigate these challenges, one must arm themselves with specific and effective strategies. These strategies aim for a seamless transition in both business setup and home relocation. Entrepreneurs find themselves walking a tightrope, balancing business aspirations and the intricacies of moving. In this article, we will delve deeper into the practices that facilitate this delicate equilibrium.
Finding a Home and Making the Move
Choosing the Right Home
Your new residence should cater to both your personal needs and your business operations. When house hunting, prioritize a dedicated workspace. Ensure that the location has the potential for future expansion as your business evolves. Moreover, the ambiance should be conducive to both living and working. Natural lighting and a quiet environment can boost productivity. When you&rsq ...
Tuesday, August 29, 2023 / by Richard Eimers
Mortgage rates kept climbing in the last week. Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly climbing unsold inventory, and slightly more price reductions for the homes that are on the market.
Rising rates makes more inventory. So how much inventory will we add this fall? As of now, these slowing signals are subtle. If mortgage rates jump to say 8%, that’s when we’d see big changes in inventory and home prices.
Every week Altos Research tracks every home for sale in the country. We analyze all the pricing, supply and demand, and all the changes in that data and we make it available to you before you see it in the traditional channels. If you aren’t using Altos market reports with your clients, your buyers and sellers, now might be the time to step up. Go to altosresearch.com and book a free consult with our team. Because everyone is worried about what’s happening right n ...
Monday, August 28, 2023 / by Richard Eimers
Mortgage rates are sitting at their highest levels in many years. Higher mortgage rates mean higher monthly payments, less affordability for home buyers, and slightly fewer transactions. And with fewer transactions, inventory is building up just a bit as we approach the end of the summer. When will inventory peak for the year?
Every week Altos Research tracks every home for sale in the country. We analyze all the pricing, supply and demand, and all the changes in that data and we make it available to you before you see it in the traditional channels. If you aren’t using Altos market reports with your clients, your buyers and sellers, now might be the time to step up. Go to altosresearch.com and book a free consult with our team. Because everyone is worried about what’s happening right now. They need you to help them see clearly. The data we cover here in these national videos is available for every zip code in the US. Join us to dive in.
I’m Mike Simonsen, I’m ...
Monday, August 28, 2023 / by Richard Eimers
Room Transformations That Show the Power of Staging
Home staging can make a difference. Here’s the proof.
About 80% of buyer’s agents say staging helps their clients better visualize living in a home. A third say it can even increase the home’s value between 1% and 10% when compared to similar homes that aren’t staged, according to the National Association of REALTORS®’ 2023 Profile of Home Staging.
Regina Leahy, founder of Connecticut-based staging firm Simply Staged(link is external), shows what transformations are possible in key areas of a home, including painted white interiors, decluttering while opening layouts and incorporating a few decorative accessories.
Case in point: The listing price for a recent property Leahy staged went from $699,000 to $772,000 after she worked to completely declutter the home. The staged home received multiple offers on the first weekend it was listed and sold for $805,000.
Check out some of these before ae ...