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What Are the Top 6 Things Kids Desire in a Home?

Are you curious what kids really want in a home? Here’s your answer.

The Harris Poll recently conducted a survey where they asked kids under the age of 18 whose parents were purchasing a property what they look for in a home. Here were the top six answers:

1. To have their own room. 57% of the children polled wanted their own room and to not have to share with a sibling.

2. A large backyard. 34% wanted a place where they could play and have friends over.

3. Proximity to a park. 25% wanted to live within walking distance to a park.

Most of all, kids wanted their own room.

4. Closeness to school. 24% wanted to be closer to a school so that they wouldn’t have to ride a bus—they’d rather get dropped off by their parents or ride a bike or skateboard to school.

5. Being closer to friends. 24% didn’t want to have to rely on their parents to drop them off at friends' homes.

6. A swimming pool.
21% wanted their home to have a swimming pool or at least have access to an HOA pool for when summertime hits.

If you have any questions about how these findings affect you as a buyer or seller or you have any other real estate needs, don’t hesitate to reach out to me. I’d love to help you.

What Renovations Will Bring You the Greatest Return on Investment?

What are the best ways to boost your home’s value before selling? We’re looking at the top four today.

Today I wanted to share the top four home renovations that will maximize your return on investment when it comes time to sell. The list comes from HGTV and gives you a good idea of what is going to be worth your while:

1. Minor bathroom renovations. Putting in a new vanity, a new toilet, mirror, or repainting are all good ideas. Something like this won’t cost much, but could bring you a return of over 100%.

2. Updating your landscaping. A big trend right now is synthetic grass. It’s a bit costly at the beginning, but it’s much more practical for buyers looking for lower water costs. It’s the first thing buyers will see when they visit your home in person and increasing your curb appeal here will also get you around a 100% return on your investment.

Synthetic grass can be costly, but it can also get you a 100% return on your investment.

3. Minor kitchen renovations. Putting in new cabinets, a new backsplash, and new tile are all great ideas. The cost is minimal, but the investment will get you around a 95% return.

4. Exterior home improvements. These include things like redone sidings, patching stucco, painting, and updating the front door or eaves. This will get you around an 87% return on your investment.

These improvements will not only keep your home in great condition and get you a great return, it will help your home sell faster and for a higher price. If you have any questions for me about any of these improvements or anything else relating to the real estate market, don’t hesitate to give me a call or send me an email today. I look forward to hearing from you soon.

A Snapshot of Our Summer Southern California Market

There are indications that our market is starting to favor buyers more as we head into summer, and we have the numbers to prove it.

According to Frank Blakeley of Bay Equity Home Loans, we’ve been in a seller’s market for the past couple years, but we’re seeing indications that conditions are starting to favor buyers.

The latest numbers reflect this shift. 12% of all active listings have recently undergone price reductions. Compared to this time last year, there’s been a 3% increase in available homes on the market, but buyer demand has decreased by 8%.

If you’re a buyer, now might be a great opportunity to take advantage of current conditions.

This means if you’re a buyer and you’ve been frustrated by the lack of inventory and the high level of competition in our market, now might be a great opportunity to find a home you like and negotiate more of your terms with the seller.

That’s all for right now. If you have any financing needs, you can call Frank at (949) 433-0539. If you have any other questions about our market or you’re thinking of buying or selling a home, feel free to give me a call or send me an email anytime. I’d love to help you.