Luxury home sales have increased considerably and are expected to continue to increase, passing last year’s sales. Luxury homes sales have jumped above 50% this year in 10 U.S. markets, suggesting that the housing market, including the luxury home sales market are flourishing. A few states with the most expensive homes are New York, Florida,…

According to RealtyTrac, the housing market is considered affordable to recent college graduates who have a median income, including those paying on student loans. Data suggests that 96% of U.S. homes are affordable to younger homebuyers. Daren Blomquist, RealtyTrac’s vice president said, “contrary to much rampant speculation that student loan debt is holding back home…

Maintaining your home is a vital part of home ownership. It is easy to wait until something goes wrong to fix it, but waiting can cause you to spend a much larger amount of money than if the problem was addressed at an early stage. A yearly DIY home inspection may help cut down of…

Renters have increased in the U.S. over the last few years, and while many agree that renting often offers less stress than owning a home, renting comes with its fair share of stresses. As a renter, you should be aware of certain laws and helpful tips that may help make your renting experience a positive…

It can be hard work and quite costly to replace broken or outdated appliances. One way you can cut down costs on a bathroom remodel is to refinish or line your old bathtub rather than spending thousands on a new tub. Both of these options can make the tub’s lifespan considerably longer while giving it…

According to RealyTrac, house flippers in the U.S. bought homes, on average, 8% lower than the estimated value of the house, and re-sold for approximately 6% above market value. Most house flippers make their money by buying a home at a significantly discounted price, making repairs, adding visual enhancements, and then selling the home above…

With California experiencing the worst drought in hundreds of years, water conservation is becoming a hot topic across the United States. A few simple ways you can reduce the amount of water used in your household are: Water your outdoor plants and grass between the hours of 10:00pm and 6:00am to decrease the evaporation rate.…

According to a new report from Sentier Research, the median household income has increased over the last three years, jumping to 3.8% in June, and averaging $53,891. Although median income has increased, it is still considered to be 3.1% below the mid-2009 high of $55,589. Gordon Green, a partner at Sentier, stated that “even though…

Painting the interior of your home is a big job, but if you know what you’re doing, you can save hundreds by not hiring a professional painter. A few ways you can get a professional look without spending a significant amount of money are: Remove everything out of the room, including light fixtures and floor…

While the charm and character of an aged house can be very appealing, there are a few things to look for when considering buying an older home. Termites- a home inspection can usually rule out if the home has termites or not, but older homes are more likely to have had leaks in the past…