A Gender Gap in Real Estate

Friday, February 13th, 2015

What do men want? When it comes to real estate, they want granite countertops, kitchen islands and walk-in closets, according to surveys. Women, on the other hand, seem primarily concerned about stairs.

Numbers from the National Association of Realtors 2013 Home Features Survey suggest gender plays a role in how real estate is perceived. Some of the findings upend traditional real-estate wisdom: that women are looking for great kitchens while men prize man-cave spots like the basement.

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Millennials make up the second-largest generation in U.S. history, representing 20 million American households. While millennials have been dubbed the renting generation by some, they are starting to make strides in the housing market. In the summer of 2014, 30% of home buyers were millennials, according to an analysis from realtor.com.

Even though more millennials plan to buy a home in 2015, your first home purchase can still be a scary proposition. After all, how do you know if you’re too young for homeownership? Here’s how to tell if you’re ready.

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First impressions count.

You may not be able to tell a book by its cover, but you’ll likely pay more for a book if the cover is charming and attractive.

If your home is for sale, or soon will be, creating a positive first impression is one of the most important things you can do. Thankfully, it’s not hard. Here are 12 steps you can take; most of them fall under simple maintenance and organization, but some of them could possibly help you decide when it’s time to move.

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5 Real Estate Mistakes Retirees Make

Friday, January 23rd, 2015

Most people heading into retirement inevitably make some sort of real estate decision—whether they downsize, relocate to a different community or make renovations to an existing home that makes the place more accessible to live in as they get older.

So, not surprisingly, there are numerous real estate mistakes people in this group make.

“Real estate is usually one of the biggest assets retirees have, but it’s the area with the most emotional attachment—and a place where it’s very easy to mess up,” said Larry Luxenberg, managing partner with Lexington Avenue Capital Management, a financial advisory firm in New City, N.Y.

Below are five common retiree real estate stumbles.

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When you treat your furry, feathered or scaly friend as a member of your family, it’s important to keep your pet’s needs in mind in any pending home purchase.

Ensuring whether local ordinances, regulations and neighborhood environment welcome pets will affect how well your beloved acclimates to your new home and how much freedom there is for his or her activities.

Here are some tips to help ensure your future home and neighborhood are pet-friendly:

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