Remodeling A Home?

Remodeling your home? A study published in Money Magazine shows that you’re not alone! Remodeling spending has jumped over 30% from its low point during the recession, and contractors are becoming increasingly busy. If you’re thinking about a few renovations, we’d love to help by referring a great contractor — just drop us a line at theoffice@everyhome.com

Check out Money Magazine’s great article about home renovations here!

remodeling

Home renovation by EveryHome agent Jennifer Kuznits

A recent survey by the National Association of Realtors indicated that the luxury homebuyer market is growing! The survey found that 13% of prospective homebuyers are currently shopping for a high-end luxury home, defined in the Northeast as sale prices over $1 million.

The most important features for luxury buyers included a gourmet chef’s kitchen, views of oceans, mountains or cityscapes, and square footage. Buyers also cited an expansive master suite and resale value as two other key factors.

Mortgage rates for an average 30-year fixed edged up slightly this week, to an average of 4.33 percent according to government mortgage giant Freddie Mac.