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The Florida Real Estate Market A Home Buyer’s Playground

August 19, 2007

home construction
G Beaty asked:


According to the latest sales figures, the real estate market country wide has turned in favor of the buyer. Both existing home sellers and builders are now working even harder to make that sale, and as a new home buyer, you are the beneficiary of this trend.

Making the most of a buyer’s market

While home sales in the southeast have not taken as much of a downturn as they have in other places like Arizona and California, there are still excellent deals to be found in the Florida real estate market. An abundance of existing homes on the market in Florida, combined with continued growth in the new home construction market, make for a wide array of choices for the Florida real estate buyer. Now is the time to find that Florida dream home you’ve been looking for.

More bang for your buck

In the last quarter, the average price for a new home has fallen. In Florida, homes are sitting on the market longer, and Florida home builders are offering greater incentives to bring in new buyers. This means the Florida home buyer has a better chance of getting the home they want at a price they can afford. There has never been a better time to invest in a new Florida home.

The end of interest rate hikes?

Economists predict that the Federal Reserve chairman’s recent interest rate hikes may be coming to an end. That means rates will stabilize, while staying at lower levels than those seen in the mid to late nineties. As a buyer shopping in the Florida Real Estate market, that means you can obtain a new home loan at a reasonable rate, and not worry about interest rate hikes driving monthly payments out of your price range before you find the home you’re looking for. You can calculate in advance the monthly payments you can afford, whether you choose a fixed or adjustable rate mortgage, before you begin searching for that dream house.

Shopping around in the Florida real estate market

This brings us to the next point: when searching for the perfect home, take your time to shop around and see everything the Florida real estate market has to offer. With so many existing homes on the market, and continued growth in the new construction, there is no need to rush your decision. Buying a new home is a huge investment, and should not be something you rush into. In today’s Florida real estate market, there is absolutely no need to jump into anything.

Narrowing your selection

So how does a smart home buyer use the current Florida real estate market conditions to their advantage? They shop around! To do this, find your ideal neighborhood, one that offers the schools, shopping, amenities, and proximity to work that you desire. Once you find your neighborhood, you will likely find several existing homes on the market there, as well as newly constructed homes offered by several different developers. Interview each developer, and look at all of the existing homes available in your price range. Once you do this, narrow your selection further by choosing two existing homes and two home builders that meet your needs.

Price range: new construction vs. existing homes

Remember, if you are shopping for a new Florida home, there are several things to consider when deciding how much home you can afford, and whether to go with new construction or an existing home. The first consideration must always be repair costs. If you purchase a high-quality newly constructed Florida home, this becomes a non-issue. These homes are brand new and often under warranty. One caveat, the key words here are high quality. Some Florida home builders are using cheaper materials in order to stay competitive in the current Florida real estate market. This means you aren’t getting the same level of workmanship and quality that you would if you purchased a home from a builder who continues to use the best materials. You may pay a little more for these homes, but that extra cost is well worth it in the long run.

If you find an existing home that you simply must have, be sure to make use of the inspection process and carefully calculate repair costs, adding those into the final price of your home.



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New Home or Resale? Here are 5 Things to Consider

August 19, 2007

home construction
LJ Albarracin asked:


 

New home or resale? Here are 5 things to consider.

Whether buying new or resale homes, choices abound in today’s home buying market. Buying a newly constructed home may be top of mind as many factors come into play. One reason buyers go the new home route is that they are given plenty of choices and options in the level of customization of their home. These options may range from being able to choose color schemes, upgrades like trim moldings, kitchens finishing’s, selection of flooring options throughout the home, home automation and more.

Among other factors that home buyers should think about when purchasing a new home vs. a resale home are:

Buyers input:

New home buyers have plenty of choices in features and amenities. New home buyers can have their builder add their personal touches that satisfy their personality, personal tastes and needs. Being able to choose home’s fixtures, carpet type and colors, wall covering designs, countertop finishing’s among other things, gives greater flexibility and control for a home buyer who is looking to build their home, their way.

No home repair cost:

This is a significant factor when buying new. Home repairs on a new home are kept at a minimum. And even if repairs are needed, today’s builders include warranties for certain period of time. Most builders cover home repairs for the first year you live in the new place. In addition, many builders offer complete warranties covering both inside and outside the house. Resale homes in other hand, can offer warranties, but often are limited in the items it covers. Many times these warranties need to be purchased separately by the buyer. In the case of new homes, the extended warranties provided by new home builders can give the buyer peace of mind when it comes to potential home repairs and maintenance.

Home automation:

Home automation also makes buying a new home that much more appealing. In the case of a resale home, implementing today’s new technologies may be cumbersome and not necessarily cost effective. Since more and more builders are integrating new technologies on new home designs, the costs savings can be dramatic. Technologies such as wireless internet access, intercom systems, and surround sound are just some of the aspects of new home technologies that can be expected in the today’s new home designs.

Home construction considerations:

Materials found in older homes can be hazardous to your health. From lead-based paint to asbestos insulation, the materials found in resale houses can be costly replace, many times impossible to replace. New homes are subject to more stringent building codes and safety requirements than what older homes have. In addition, materials used in new construction, asbestos and lead have been eliminated. This in turn benefits the new homebuyers and their families from hazardous materials or unsafe environments. Then there is less risk of fire in today’s new home construction. Wiring systems have improved as well. In addition, most of today’s new homes have hard-wired smoke detectors with battery-powered backup.

Energy efficiency:

As home buyer become more conscious of the environment, having a home that is energy efficient, has become an important factor when buying new. The appliances available today are far more energy efficient than they were 10 years ago. Energy efficient solutions found in today new homes can help greatly reduce overall energy cost. This in turn helps to save in utility bills. Improved heating and cooling systems and better insulation techniques in new constructions offer greater efficiency than older homes. This can in turn offset the cost of a new home.

New home buyers after having considered all the hidden costs of resale homes, may actually save money by buying new. The level of customization, home automation, energy efficiency and construction durability as well as safety, are among the many benefits that buying a new home would bring.



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Kitchen Remodeling Ideas

August 16, 2007

remodeling
Ellery Coleman asked:


Some people dream of sugar plums dancing in their head; some dream of myriads of flowers blowing in the wind, and others dream of completely renovating their kitchens. Does that sound weird? Anyway, all of the real cooks in the world would rather cook the sugar plums, use the flowers for decorations for their table, and have a kitchen that only appears in their wildest fantasies.

Since the beginning of time, the kitchen has been the center of the home. The kitchen provided warmth, food, and fellowship. Even in the tiniest hut, the kitchen is still everyone’s favorite room. Because the kitchen is the heart of the home, it should also be the best decorated and perfectly equipped room in the house. Unfortunately, most men build houses and have no idea what should really go into a dream kitchen. Women, of course, have input if they are buying a new home, but few if any women really know what they want in their new kitchen until they start cooking and realize what they are missing.

The Food Network had a few episodes about remodeling kitchens. Some of their superstar chefs were paired with homeowners who really needed a kitchen remodeling. I mean these kitchens were a real mess. All of these homeowners wanting their kitchens remodeled submitted video tapes which were judged. For instance, Paula Deen was paired with a couple who had a kitchen remodeling plan that was just a little bit country just like Paula. The completed kitchen remodeling design had elements of a modern kitchen with modern equipment with added touches to add that country look. The finished kitchen remodeling project was incredibly lovely. The kitchen was not the true center of that home. From a kitchen that was almost useless, this kitchen was now both useful and gorgeous.

If you are like most people and you don’t have a Food Network Superstar designing your kitchen, you should first do your homework. You might start with watching some of the Food Network shows. I am, among other things, a Food Network junkie. I love, love, love to watch cooking shows. Anyway, look at the kitchens used in the shows. Paula Deen’s cooking show is now filmed in her own kitchen in her new house. She created a kitchen that, not only fulfilled her needs as a Food Network cook, but her needs as a home cook as well. She has a built in deep fryer, an inside grill, and many other goodies we ordinary kitchen owners can only dream about.

There are many magazines dedicated to house design and kitchen remodeling. The Home and Garden show also helps people with their kitchen remodeling ideas. Of course, unless you are incredibly wealthy, you have to figure in your kitchen remodeling cost budget. You have to create a wish list for your kitchen remodeling dreams. You might have to do your kitchen remodeling piece by piece. Draw your dream kitchen, your kitchen remodeling floor plan, and write your kitchen remodeling plan. Then you can decide what changes you can make and what kitchen remodeling ideas you can begin with.

If you like a retro look, you might want to check out antique shops for your kitchen remodeling ideas. There are many stores that completely refinish old kitchen equipment so that you have some actual antique stoves, fridges, and other kitchen appliances. Of course, for people who like a more modern look, most any store will have what you want for your kitchen remodeling ideas.

If you have a small house, you can still remodel your kitchen. Focus on planning your kitchen remodeling ideas to fit your small kitchen needs. You might even want to buy smaller appliances to give you more room for kitchen cabinet remodeling. Most builders do not configure kitchen cabinets the same way a good cook would. For instance, why do they build kitchen cabinets so high? Most women never use the top cabinets for anything but items they never use. These top cabinets are wasted unless the cook is seven feet tall. When you do your kitchen remodeling, plan your cabinets to make them useful.

Unless you never cook, you probably walk into your kitchen every day and see what you would like to change. Change is possible if you create a kitchen remodeling plan, create a kitchen remodeling cost structure, and dream big. Make your kitchen inviting and a reflection of your personality.

© 2006 Frances Coleman



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Kitchen Remodeling- Add Value And Life To Your Home

August 11, 2007

remodeling
Chris DiCicco asked:


Kitchen Remodeling is the single most popular home renovation. Kitchens and Baths are often combined in a single project, but according to Michigan Contractors, kitchen remodeling is the most common request. Kitchen remodeling is certainly a very enticing project, but make sure you go about it with a mind to keeping the costs in check; the potential expense involved frightens some people before they even start. Kitchen remodeling costs are always likely to be an obstacle to getting the dream kitchen you have always wanted. Kitchen remodeling is the home improvement job that adds the most value to your house.

It can convert an old fashioned, dated kitchen into the showpiece of your home. The method of how to change the design will depend on your lifestyle and budget. Kitchen remodeling is the home improvement job that adds the most value to your house. In fact, you’ll recover 80-90% of your kitchen remodeling costs in the added value to your house - more if you’re handy enough to do the work yourself.

Kitchen remodeling is something that needs to be carefully planned using the size and configuration of the room. With this one room being the hub of the home, it needs to be designed with the triangle concept, which allows a person cooking to have easy access to the sink, refrigerator, and stove. Its one of the most common home improvement projects in the U.S. When asked which room in their house they would most like to remodel, Americans overwhelmingly chose the kitchen. Kitchen remodeling is one of the best investments when it comes to both everyday use and increase in resale value. In addition, you might be able to save on energy as well by choosing energy efficient kitchen appliances.

It is without a doubt one of the best investments you as a homeowner can make. For most homeowners, the kitchen is the most important room in the house. Kitchen remodeling is a good way for you to increase the value of your home and to put a new spin on your old living areas. It is much more than choosing a paint color and cabinet style. The kitchen is the heart and soul of any house, so its important that your kitchen remodeling project results in a space that is functional, comfortable, and beautiful to take in all at the same time. Kitchen remodeling is one of the most intensive remodeling projects you can undertake in any house. The process involves important design decisions about cabinets, counter tops, lighting, appliances, layout, and finish treatments.

Whether your remodeling project will encompass a total tear-down and rebuild or a change of cabinetry, counter tops and major appliances, you will find yourself paying top dollar for remodeling this most important room in the house. Kitchen remodeling is also an investment in ongoing personal pleasure, increasing connectedness between all members of the family and easing the effort (while increasing the joy) of meal preparation. More homemade meals mean less fast food. Kitchen remodeling is a tricky job that requires taking into account existing architecture, plumbing and wiring, structural elements, and many other important aspects. For a project with so many considerations, it is crucial that you receive a kitchen remodeling professional who can care for all the things affected by the project, in accordance with your vision and budget. Kitchen remodeling is no small decision, so we’re more than happy to answer any and all of your questions to help you feel comfortable with yours.



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Including the Outdoors in Home Remodeling

August 10, 2007

remodeling
Home Remodelers Group asked:


A backyard isn’t the same as it used to be – a place to grill, where kids play ball, or just an extra spot to mow. Now the trend is to make the backyard an outdoor retreat or an extension to the house. The Home Remodelers Group® can help transform your outdoors into a beautiful year round sunroom, a deck for entertaining or even an outdoor kitchen.

As reported in the May 2006 Consumer Reports, designing and furnishing an outdoor room is the second most likely home-remodeling project to do. Specifically, approximately 1.2 million U.S. households will install a fully functional outdoor kitchen, according to a study by the industry research company inquiry.

In 2004, Better Homes and Gardens magazine received survey responses from nearly 60,000 Americans describing home improvement projects and future home-building aspirations. Better Homes and Gardens found that people want indoor/outdoor livability, technological innovations, flexibility for family needs and a kitchen-centric focus. (REMODELING Magazine, September 1, 2005)

Homeowners are seeking ways to make the outdoors a functional part of the living area. To accomplish that, the barriers between outdoors and indoors, such as walls and solid doors, are going away. As cited in “A Simple Way to Increase Outdoor Living Space” at HGPgal.com, for homeowners looking to add to their living space, improve their lifestyle and increase the resale value of their home, the perfect solution is to extend living areas outdoors through the addition of decks, patios, outdoor kitchens and entertainment areas.

“The line between the house and the outdoor space continues to disintegrate,” says Julie D. Taylor, author of Outdoor Rooms. “Many designers are using the same, or similar, materials both on the interior and exterior to extend the house to the outdoors. It breaks down the barrier and gives a feeling of a larger house.”

Alternatively, instead of thinking of the barriers disintegrating, another solution is effective indoor-outdoor connections. These connections can include French doors opening up onto a porch, or the addition of a window to expose a lovely view. Indoor-outdoor connections can be as simple as adding a mudroom between the garage and the home, or more complex, such as an outdoor entertainment area placed just outside the doors of a home’s main gathering space. Adding visual connections to the outdoors, such as through the addition of glass doors or enlarging a window, adds value to your home by making its interior space appear larger than it actually is. (“Connect Inside of Your House with the Beauty Outdoors,” Ann Robinson, Deseret News, April 2005)

To create the outdoor living space that you want, start by determining your budget and your desires.

Consumer Reports provides some tips about what to consider for building room extensions or outdoor entertainment areas:

* Determine how you will use your space

* Consider location

* Be sure to weatherproof

* Incorporate lighting and heat

* Consider safety

No matter what extension you decide to make, it will undoubtedly add value to your home. As cited by Ann Robinson in Deseret News, “Exterior living space adds usable square footage to your home without costing you the $120-plus per square foot you’d spend for the construction of an addition.”

The Home Remodelers Group® can work with you to determine your indoor-outdoor remodeling desires. We have many gorgous sunroom plans and other renovating features available on our website at www.homeremodelersgroup.com. So, if you need a new area to relax and enjoy reading your favorite book, a place to create a new home gym, a place to add a spa to create your own special oasis, or an area for entertaining family and friends, a new sunroom, deck, or outdoor kitchen may be the perfect solution. We can help bring the outdoors in or take your family out in a comfortable and relaxing setting.

For more information visit: http://www.homeremodelersgroup.com/?source=articles



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