Twelve percent of Americans say they felt pressured to spend more than they were comfortable with on a home in order to appear successful in the eyes of others, according to a new Bankrate.com survey of more than 2,700 adults.Parents with children under the age 18 (at 21%) were most likely to have felt pressured to overspend on a house, according to the survey. Buyers between the ages of 23 and 38 were twice as likely as those older than 38 to sp
You can move mansions.Some homeowners are taking their houses with them when they relocate. More than 8,000 structures are moved each year, Tammie DeVooght Blaney, executive director of the International Association of Structural Movers, told The Wall Street Journal. Most of the structures are moved due to environmental hazards and historic preservation, and some are high-end single-family homes—at 4,000 square feet or more.Most homes can
Lakefront homes may offer buyers a chance to get a waterfront property at a more affordable price than a vacation home on the ocean. “Lake towns often offer people an affordable destination with water sports, amenities, natural beauty, and an array of often top-quality dining options,” says Clare Trapasso, senior news editor at realtor.com®. “Some of these lake towns also double as ski resorts in the winter. Those who enjoy cold-weather sp
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Homeowners are staying put in their properties longer, but the length of homeownership tenure varies geographically. Fixr.com, a home improvement website, recently studied where homeowners are staying in their homes the longest versus shortest amounts of time.In cities with the shortest homeownership tenure, the median period of ownership is less than 10 years, according to Fixr.com. The city of Enterprise, Nev., has the shortest homeownership te
Home sales appear poised to reverse their downward trend, as contract signings in each of the four major U.S. regions rose in June, according to the National Association of REALTORS®’ latest Pending Home Sales Index. The West saw the highest increase in contract signings last month, according to NAR’s report.The index rose 2.8% to a reading of 108.3 in June. Contract signings are now up 1.6% year over year, ending a 17-month streak of annual
A home often has to be show-ready in a hurry when a buyer calls asking for a property tour. Professional home stagers have plenty of cleaning tricks up their sleeve to get a home ready in a hurry. They recently shared with Apartment Therapy some of their best cleaning secrets, including:Use a hand steamer.A handheld clothing steamer can be used to remove grime on glass shower doors or curtains, Justin Riordan, founder of Spade and Archer, told Ap
A lot of talk has centered on the force of single women in real estate, but how about single men? LendingTree recently analyzed the largest metro areas to narrow down the cities that offer the most perks for bachelors. They factored in demographics, the economy, culture and entertainment, safety, and more.Madison, Wis., topped the list as the best city for single men, mostly due to its performance on measures like health and safety. Madison
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Nearly 200 golf courses have closed over the last year in suburbs across the Sun Belt, according to the National Golf Foundation. The surrounding neighborhoods are not being cared for, and concerned homeowners are discovering that the premium they paid to live on a golf course is now vanishing.The sport has seen a steady decrease in interest over recent years. The National Golf Foundation reports that there has been a 20% decline in the
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