Increased demand and slow-moving construction are making national rents higher, according to new data from the RentCafe and Yardi Matrix. The national average rent in August rose 3.3% year over year to $1,472.However, rents are rising at a slower pace. The August data marks the slowest rise since February, the report notes. Ninety-seven percent of the cities analyzed saw a seasonal slowdown in August with rents either dropping or only r
A master bedroom is meant to be a peaceful place to relax and recharge. That’s why designers say a lot of attention needs to go into its look: to make sure it fulfills that purpose. Design experts also say an uninviting master retreat could negatively affect resale value, so there’s more at stake in the bedroom design than a night of restful sleep.“One thing to keep in mind is that form follows function, meaning the visual appearance of you
Fort Wayne, Ind., and Pueblo, Colo., were the top-performing housing markets in August—another sign that small towns are turning on the charm in drawing more buyers away from the big cities. The two cities topped realtor.com®’s newly released list of hottest housing markets.“Smaller markets with smaller price tags continue to heat up feverishly,” says Javier Vivas, realtor.com®’s director of economic research. “Buyers have more succ
More homeowners are using reclaimed wood from barns, factories, and log cabins to decorate their modern homes, The Wall Street Journal reports. They’re using the reclaimed wood to decorate everything from ceilings and flooring to window accents. “They want it to look as primitive as possible,” Klaas Armster, co-author of the upcoming book Reclaimed Wood: A Field Guide, told the Journal.Old-growth timber is no longer avai
Most Americans have no regrets about buying a home. In fact, it’s made them happier, a new survey shows.Ninety-three percent of Americans say they are happier after buying a home, and 83% would never go back to renting, according to Bank of America’s latest Homebuyer Insights Report, based on a survey of nearly 2,000 consumers. Most owners say they have an emotional attachment to their home, and ownership also has improved their lifestyle and
How homeowners treat a yard this autumn can determine the quality of their yard next spring and summer. Kris Kiser, president and CEO of the Outdoor Power Equipment Institute, offers up the following checklist for homeowners who want to lay a strong groundwork for a great yard next spring:Keep mowing. Grass still needs regular care to stay healthy. Grass that is too high may attract lawn-damaging field mice. Shorter grass is more resistant t
Millennials are jumping into homeownership in larger numbers, and they’re firing up home prices as they hunt within limited supplies, real estate data firm CoreLogic reports.Overall, home price gains had been shrinking over the last year, but increases reversed course and annual gains started trending higher this summer. Home prices increased 3.6% in July compared to a year ago. That is higher than the 3.4% increase in June. CoreLogic economist
Some homeowners take on more than they should with do-it-yourself home projects. They could wind up hurting their home value.Homeowners hope to save money through DIY takes on projects, but some lose that savings when they sell. Chicago-area home inspectors recently shared with The Chicago Tribune some of the common DIY mishaps they most often see, including:Using online videos as tutorials.Homeowners may follow an online tutorial to in
A newer color palette with jewel tones is taking hold in landscaping, and it’s among the hotter trends for this fall, according to the National Association of Landscape Professionals. Seventy-seven percent of Americans report relaxing in their yards at least once a month, according to a survey from Engine’s Caravan, conducted on behalf of the NALP. Carving out an inviting outdoor space is becoming increasingly important for homeowners.The NAL
Drilling a hole in the wall to hang pictures or a TV might sound like a simple DIY project. But handyman services are warning that homeowners could do a lot of damage to a home if they aren’t careful.Many homes have pipes and wires that run through a wall. Homeowners who are unaware of these could risk personal injury or serious damage to their home.Realtor.com® recently featured safety tips to avoid hole-drilling nightmares, in
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