By 2030, the number of people who are 65 and older will be larger than the number of people under the age of 18, for the first time in the nation’s history, according to recent U.S. Population Survey projections. The year 2030 is when the last of the baby boomer generation will turn 65. After that, one in every five Americans will be of traditional retirement age.The aging population will reshape interior design over the next decade, according
Even in cold, snowy, or icy weather, real estate professionals can do a lot to make a property more appealing to potential buyers. After all, 50 percent of real estate professionals surveyed say that staging a home before a sale increases the amount of an offer by from 1 to 10 percent—and that was regardless of the season, according to the National Association of REALTORS®’ “2017 Profile of Home Staging” report.Here are a few tips for wi
Designing houses with features buyers want is a continuous process for the home building industry. During a Feb. 19 session at the 2019 International Builders' Show in Las Vegas, builders and designers took a break from their work to talk about some of the changes they're seeing.Curved entryway staircases step back.A curved stairway leading to the upper floor can make for a grand entrance into a home, and certainly serves as a focal poi
Young adults are now taking on more mortgages than any other generation and increasing their purchase power in the housing market. Millennials represent 42 percent of all new-home loans, higher than both the baby boomers and Generation X, according to a new study from realtor.com®.“Millennials are getting older, with better jobs and deeper pockets, allowing them to expand their collective purchase power and hence, their footprint in the market
The winter months have proven to be a sluggish time for home sales. January was the third consecutive month in which existing-home sales posted a drop, the National Association of REALTORS® reported Thursday. All regions of the U.S. saw a drop in sales except for the Northeast.Total existing-home sales, which are completed transactions on single-family homes, townhomes, condos, and co-ops, dropped 1.2 percent in January compared to December
Samsung debuted its most extensive new lineup of smartphones, taking on Apple amid a slowing market with new low-end and premium models, 3-D cameras, an in-screen fingerprint scanner and faster 5G connectivity.At simultaneous launch events in San Francisco and London on Wednesday, the South Korean technology giant introduced four new phones: the Galaxy S10, S10+, S10e, and S10 5G. The S10 and S10+ are direct successors to last year's S9 and S9+,
A discerning eye saved a group of Philadelphia real estate investors from a near tragedy when touring a property. One more step down a booby-trapped stairway inside the home could have left a member of their team critically injured.Ekrem Uysaler told the media that he and his investor team were looking at a property on Jan. 2 in South Philadelphia when one member of the team spotted a small trip wire at the first stair of the stairway, which was
Spacious areas can sometimes feel cold and unwelcoming. How can you make a large living room with high ceilings feel more inviting? Houzz, a home remodeling website resource, provides some of the following tips:Leverage tall potted plants.For a room with tall ceilings, incorporate tall plants. It’ll help fill in vertical height gaps while also drawing the eyes up to help accentuate the high ceilings.Paint two-tone walls.To make the ceiling feel
Home inspections have been uncovering much-needed property repairs. More than 1 million repairs needed more than $11,000 in costs, according to a February review of 50,000 home inspection reports by Repair Pricer, a home repair estimating resource.Nearly 55 percent of homes analyzed across the country had doors that needed adjusting, which could be an indicator of foundation issues, the report showed. More than half—or 54 percent
Amazon announced Thursday that it has halted plans to build a second headquarters in Long Island City, N.Y., blaming political and community opposition for its decision.The reversal comes three months after Amazon picked two cities as homes for its HQ2 project—Long Island City and Crystal City, Va.—promising to bring 25,000 new, high-paying jobs to each area. A booming housing market in those areas was expected to follow.Indeed, in the time s
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