Tips for Choosing Upgrades for a New Home

Most home owners opt to add some upgrades to a new home, which can be rolled into the mortgage opposed to paying for them later on their own. But the choices of what flooring, lighting, or other upgrades to choose can be overwhelming. Designer Candice Olson, author and host of HGTV's "Candice Tells All," says lighting and extra wiring are key upgrades new home buyers should consider. "Adding lighting -- or at least the wiring for it -- means you'll be able to have bathroom sconces instead of that one overhead light the builder gives you,” Olson says. “Your flat-screen TV can be where you want it. You'll have a floor outlet for the lamp in middle of the open room. And you won't be ripping out walls later to do all this." Also, she says home owners shouldn’t forget about the exterior lighting either. "Outside lighting, plus landscaping, will set apart your house from the others in the neighborhood where buyers chose from plans A, B and C," Olson says. As for flooring, Olson recommends hardwood floors for the main living areas, and cork floors for the basement, since there’s potential for water leakage in basements. She also says the addition of taller baseboards, chair rails, crown molding, coffered ceilings, built-ins or a banquette also are smart investments for upgrades. Source: “Decisions, Decisions: Add Character to Your Home With a Few Choice Upgrades,” Chicago Tribune (Feb. 4, 2011)
townhomes
Townhouses

New contruction? Here’s a buyer’s tip …

If you're thinking of buying a new construction in your next home, you probably already know that every new home development will have its own sales staff. These people are often friendly, helpful and very knowledgeable about the newly built home. However, these folks work to sell this property only. The on-site staff of a builder knows the property as-well-as or better than anyone around and they are there to assist you but they work for the builder. When in the market for a newly built home, it's a good idea to employ your own advocate, an agent who does not work for the builder, to look out for your interests. We don't work for the builder ... we work for you. Our agents know the entire area, not just one property. We know the pitfalls and benefits of buying new, and best of all it won't cost you one dime more than if you use the onsite staff. You have a right to representation:exercise that right today!

Housing Starts Rise in September

Spending on construction rose 0.5 percent in September with home building and government projects leading the way, the U.S. Commerce Department reported Monday. Spending on home building rose 1.8 percent, but the increase was offset by spending on commercial construction, which dropped 1.6 percent. Overall, non-residential construction was at the lowest level since January 2005. Housing starts rose 0.3 percent in September, the Commerce Department said, to a seasonally adjusted annual rate of 610,000 units – still low, but improving. Source: Bloomberg, Courtney Schlisserman (11/01/2010)
  • Home Prices In Arlington Continue To Hike

    Glendale
    The housing market in Arlington County is getting more and more expensive as potential buyers continue to have fewer homes and condos to choose from.

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  • Inlet Cove is near Fort Belvoir and Potomac Mills

    Inlet Cove outside Belvoir
    Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene

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  • Pending Home Sales on an Upswing

    home inspector
    Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…

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  • A Good Time to Buy a High-End Home

    Station Square
    Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…

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  • Who is today’s homebuyer and why are they buying?

    Nesbitt Realty 703 765 0300
    The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…

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What’s New in New Housing Design

Here are the products grabbing the attention of the home building and remodeling industries, according to Bill Millholland, executive vice president of sales and marketing at Case Design/Remodeling in Maryland, and Jamie Gibbs, a New York-based interior designer:
  • Appliance Drawers. Small warning drawers, modest-sized dishwasher drawers for small loads, refrigerator drawers and microwave drawers.
  • Counter-depth refrigerators. Some are only 24 inches deep.
  • Motion-detecting faucets. Like you'd find in the restrooms of businesses.
  • LED (light-emitting diode) lighting. These are used under cabinets and in ceiling fixtures as a longer-lasting, more efficient alternative to compact fluorescent lamps and incandescent bulbs.
  • Electric heated floors. A nice touch in bathrooms,
  • Showers with multiple heads and body sprays. Bathtubs are out.
Source: The Washington Post (09/25/2010)

Housing Starts Rose in August

Housing starts rose 10.5 percent in August to an annual rate of 598,000 homes, the most since April, the Commerce Department announced Monday. Housing starts were up 2.2 percent in August compared to the same month last year, while permits decreased 6.7 percent. Construction of single-family houses rose 4.3 percent to a 438,000 annual rate after declining 6.7 percent in July. Construction of multi-family homes increased 32 percent to an annual pace of 160,000. Housing starts increased 7 percent in the South, 34.3 percent in the West, and 21.7 percent in the Midwest. Starts fell 24.3 percent in the Northeast. Source: Bloomberg, Courtney Schlisserman (09/21/2010)
  • Home Prices In Arlington Continue To Hike

    Glendale
    The housing market in Arlington County is getting more and more expensive as potential buyers continue to have fewer homes and condos to choose from.

    Read More

  • Inlet Cove is near Fort Belvoir and Potomac Mills

    Inlet Cove outside Belvoir
    Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene

    Read More

  • Pending Home Sales on an Upswing

    home inspector
    Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…

    Read More

  • A Good Time to Buy a High-End Home

    Station Square
    Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…

    Read More

  • Who is today’s homebuyer and why are they buying?

    Nesbitt Realty 703 765 0300
    The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…

    Read More

J.D. Powers: Builder Customer Satisfaction Up

Customer satisfaction improved for the third straight year and construction quality reached a record high in the J.D. Power and Associates 2010 U.S. New-Home builder Customer Satisfaction Study released Wednesday. Here are the highest ranked builders in overall customer satisfaction in each of the 17 markets surveyed:
  • Atlanta, John Wieland Homes and Neighborhoods
  • Austin, Texas, Standard Pacific Homes
  • Charlotte, N.C., Standard Pacific Homes
  • Dallas/Ft. Worth, Darling Homes
  • Denver/Colorado Springs, Classic Homes
  • Houston, Trendmaker
  • Las Vegas, Pardee Homes
  • Orlando, KB Home
  • Philadelphia, NV Homes
  • Phoenix, Shea Homes
  • Sacramento, Calif., JMC (John Mourier)
  • San Antonio, David Weekley Homes
  • San Francisco Bay Area, Shea Homes
  • Southern California, Shea Homes
  • Tampa, Standard Pacific Homes
  • Tucson, KB Home
  • Washington, D.C., M/I Homes
Source: J.D. Power & Associates (09/15/2010)