At first glance, multigenerational living arrangements may seem unusual, but they were once the rule, not the exception. In mid- to late-nineteenth-century America, the majority of elderly parents and grandparents lived with their children. By the twentieth century, this trend steadily declined, hitting a low of about 12 percent of the population in 1980, per Pew Research.
The Nine Best Summer Home Renovation Projects
Summer is a time to enjoy fun in the sun. But the season isn’t all about barbecues and vacations—this is a great time to tackle some home improvement projects. Whether it’s an improvement to your house or yard, the warmest months of the year provide plenty of opportunity to improve the look, and better yet, the value of your home.
Pandemic Home Renovation Trends
In the first days of the COVID-19 pandemic, economists predicted that the market for goods and services would grind to a halt for months or even years to come. However, in reality, the real estate market, including both the selling of homes and the improvement of existing properties, has grown in strength over the intervening months. Even for homeowners who aren’t thinking about selling, home renovation projects are experiencing unprecedented interest and generating robust economic activity.
Why Now Is the Time to Upgrade Your Space
As recently as last year, industry observers saw the real estate market moving further toward smaller homes and predicted the demise of sprawling McMansions and large luxury properties. What a difference a few months can make in changing lifestyles and the types of activities taking place within the home.
Should You Sell Or Remodel?
In a tough market, just the thought of putting a home up for sale can make some homeowners hoping for a new space uneasy. Selling takes time, energy and often a good amount of money. Some people who might normally sell their home and look for a new space, whether they are expanding their family or looking for a fresh start, are now remodeling instead.
Upsizing Your Home
5 Hidden Renovation Costs
Many homeowners who are lucky enough to get a tax refund end up putting that money back into their homes by renovating and updating. More times than not, renovations never seem to go as planned. There's always a cost you didn't anticipate, or a problem that didn't reveal itself until the project was underway. Here are five common costs to look out for.