By James Link:
Homes with high curb appeal command higher prices and take less time to sell. Whether a house sells or not is especially contingent upon the location of the home and the region of the country where the house is being sold. In a real estate market with high levels of variability in terms of sales and price, improved curb appeal and cosmetic touches could make the difference in whether or not a house sells or stays on the market for a long period of time. Houses with strong curb appeal do tend to sell a lot faster than those with cosmetic blemishes, and therefore knowing how to stage a home to sell can be critical. Here’s a list of 10 curb appeal items that could make the difference in whether a house sells or stays on the market for too long.
- Freshen the paint job
The paint color of your house can have a big influence on if your house sells fast or if it just sits on the market. Before you paint your house, take a drive around your neighborhood and note the color of some of your neighbor’s homes and see what is used the most. Consider whether you live in a PUD or if there are other rules that pertain to the color of your home. Colors that are true bright or out of context, should be avoided. In most neighborhoods in Southern California, homes are primarily beige or tan in color. Stay away from any colors that are not what are normally seen. Finally, consideration should be given to the quality of the paint job. Slapping a bunch of paint on haphazardly should be avoided at all costs.
By James Link:
As we all know, an entrepreneur is a person that organizes and operates a business or enterprise and often takes on their own financial risks. Successful entrepreneurs must continually hold 20 essential concepts in order to be successful in business. These 5 essential concepts include: Finance, Vision, Professional Expertise, and Personal Responsibility, to develop Habits of Success.
Let’s look at the Habits of Success for the happening entrepreneur in each of these areas.
The most important habit involved in entrepreneurialism is finance. Without financial backing, knowledge, tools, or understanding concerning money; most entrepreneurs won’t be able to even start their business venture. Start-ups cost a lot of money, especially when the individual is marketing a new invention. There are design costs, manufacturing fees, production assets, and delivery entitlements that all must be considered.
Here are some financial considerations that the successful entrepreneur implements to grow their business;
The real estate industry in the United States is currently the most lucrative and profitable sector, worth an estimated $40 trillion as of 2015. Residential real estate brings in $23 trillion a year and commercial real estate rakes in $15 trillion a year. To put it plainly, the American real estate industry is larger than any other industry in terms of fixed income, health care, and equity. It’s a formidable sector with serious influences on job growth, the economy, and the nation’s infrastructure.
That said, one would think an industry so profitable would be leading the charge with technology incorporation and development. Not necessarily. The powers that be in the enormous sector have been slow to adapt to the changing trends and want to keep the industry’s focus on one-to-one clientele relationships, since that is what secures a purchase at the end of the day. There is great potential for technological inclusion in the real estate industry.
Realtors saw a steadied, predictable real estate market return to the U.S. for the first time in 2015. Unemployment is decreasing, the economy is expanding, and disposable income is increasing. Basically, people are starting to buy property again. With this encouraging change, members of the real estate industry are turning their attentions to the tools and opportunities that come with increased technology.
Compared to previous years, the real estate industry now seems to be in a solid grip. With the economy continuing to progress, more jobs will be available and this means more money for people to spend. They will be able to upgrade their homes or purchase a new one. Take a closer look at the trends that will shape the future of real estate in 2016.
Builders Will Focus on Lower Price Points
Builders have focused on producing expensive housing units due to higher land costs, uncertainties about the level of demand in the entry-level market and limited labor. This strategy has caused the prices of new homes to increase faster than the costs of existing homes. Builders were able to enjoy profits, but their potential for growth was limited as they avoided the entry-level market. However, this would change in 2016.
New-home prices have already declined this fall. Builders are also finding the first-time buyer section more attractive with the improvement in credit access. This 2016, builders will offer more affordable housing units. The availability of such units will depend on the location, but consumers can expect to find more affordable properties this year.
Office Landscape Investment
The economy’s recovery has resulted in job growth, strengthening the commercial sector as well. Open office plans are now more common. In 2000, the average square foot for every worker was 253. This is expected to drop to 138 by 2020 and will only continue in the following years. Existing spaces will be redeveloped and coworking will further increase. Development in the office landscape will continue.
Millennials Will Move the Market Once MoreRead More