‘Rock the Block’ Sinks to a New Low They Won’t Even Call By Its Real Name

HGTV

This week’s “Rock the Block” sinks to a whole new level—all by bringing an oft-overlooked room to whole new heights.

In the episode “Lower Level Face Off,” the four design teams are challenged to renovate the basement—only, everyone shies away from calling it that, since the space is not completely underground. Windows allow in plenty of natural light, and you can walk right out into the backyard without climbing any stairs.

So instead, the competitors refer to the space as a “walkout.” Host Ty Pennington describes it another way, calling it “1,500 square feet of lower-level goodness.”

The teams—Bryan and Sarah Baeumler from “Renovation Island,” Michel Smith Boyd and Anthony Elle from “Luxe for Less,” Jonathan Knight and Kristina Crestin from “Farmhouse Fixer,” and Page Turner and Mitch Glew from “Fix My Flip”—are excited about all the possibilities in this giant space. But all are running low on cash, since most of them blew the bulk of their budgets on kitchens, living rooms, and main suites.

Tambour paneling
Kitchen with swinging barstools
Smart window that shades itself
Massage room in the lower level home spa
Custom bunk room
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Revive wins again, takes home 2 ADDY awards

The awards, called ADDYs, are highly coveted in the advertising and marketing space, and Revive took home a Silver ADDY for its mobile app Revive Home and a Bronze ADDY for its website design and content.

5 tips for expanding the size of your investment portfolio

The best way to grow your real estate income is to increase your number of property holdings. But what’s the best way to go about increasing your portfolio, and how do you know if you’re making the right choices?

Rent peaked in February 2022. Here’s why it’s still driving inflation

Private indexes show that rent peaked in early 2022. But the impact of the rapid increase in rent could still show up in inflation readings for months, economists told Inman.

Retire early with real estate: 7 ways to reach financial freedom

From house hacking to the BRRRR strategy, try these approaches to reach financial independence with real estate. Better yet, combine several of them for even faster results

Boomers strike back: Older buyers unseat millennials as top cohort

Baby boomers have long enjoyed advantages over millennials in the home market. Now, they're outnumbering them as well.

U.S. Home-Price Rises Slow Again in January, With Western Markets Leading Declines

Getty Images

The numbers: U.S. home prices fell in January as buyers are finding it hard to stomach high mortgage rates and home prices.

The S&P CoreLogic Case-Shiller 20-city house price index fell 0.4% in January, for the seventh month in a row. All numbers are seasonally adjusted.

Year-over-year though house prices are still up 2.5%, but have slowed from a 4.6% increase in the previous month.

A broader measure of home prices, the national index, fell 0.2% in January, but was up 3.8% over the past year. The national index is also down for the seventh month in a row.


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What to expect as ERA’s Fuel 2023 hits Caesar’s Palace this week

ERA Real Estate is kicking off its annual Fuel conference in Las Vegas Tuesday through Thursday. Here are the sessions, speakers and events you can't miss this week.

Tell us about your best performing piece of content: Pulse

As you look back at your online and social media platforms, it's time for you to do some bragging: Tell us about your best-performing piece of content.

West Coast hit hardest as US home prices cool for 7th-straight month

Nineteen cities out of 20 tracked by the S&P CoreLogic Case-Schiller Index posted monthly declines in January, with the biggest decreases seen in San Francisco, Seattle and San Diego.

Former Red Sox Slugger Eric Hosmer Lists Massachusetts Mansion for $6.5M

David Durochik/Diamond Images via Getty Images / Realtor.com

After being cut by the Boston Red Sox in December 2022, first baseman Eric Hosmer is swinging for a little profit from the sale of his West Newton, MA, home.

The historic, brick-front estate was built in 1936 and sits about 10 miles outside of Boston.

Hosmer and his wife, Kacie, purchased their “dream home” last September for $6,150,000, according to The Wall Street Journal.

It’s back on the market for $6,575,000—which translates to $814 per square foot of luxurious living space.









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Fully digitized closings can save lenders more than $400 per loan

Snapdocs research finds often overlooked secondary market efficiencies like reduced funding cycle time account for about 80 percent of savings.

Fredrik Eklund’s REAL Messenger to go public via Nova Vision SPAC

The transaction will have a pre-money enterprise value of approximate $150 million at closing, according to an announcement Tuesday. The deal is expected to close in the third quarter of 2023.

The Agency launches 3 Canadian offices in March

The offices across Toronto West, Fort McMurray and Ontario's York region raise The Agency's number of Canadian offices to 16 and its total number of global locations to 79.

Take It Outside! Easy, Affordable Decor for the Backyard of Your Dreams

Photo courtesy of Magleby Construction via Houzz

As the weather warms up, homeowners are flocking to the great outdoors—right in their own backyards.

And shouldn’t that experience be as inviting and life-affirming as possible?

When it comes to outfitting your outdoor space, be sure to include the bare necessities—comfortable furniture and green plants to liven up the space, for starters.

But what other items will help transform your backyard into a space where everybody wants to hang out? We have answers! There’s a bevy of outdoor decor pieces that are resonating with buyers these days.





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Love Your Mortgage, Hate Your House? Inside the Misery of the Housing Market’s New Catch-22

Photo-Illustration by Realtor.com; Source: Getty Images (3)

Christine Short and Steven Agemy love their brownstone apartment in Brooklyn, NY. But they might love their mortgage even more.

When they purchased the two-bedroom duplex three years ago, in March 2020, the price was fair and the mortgage rate was great, a mere 3.25%. Today, however, the married couple have clearly outgrown their starter home—and with a new baby girl joining their now 4-year-old boy, Short knows they’ll need a bigger place soon.

“It mostly works,” she says. Yet many nights, she finds herself surfing real estate listings. And while she often sees homes with plenty of potential, there is one thing holding her back: If they moved, they’d have to get a new mortgage at about double their original interest rate.

“We’re pinching ourselves for the rates we got,” Short says. But they will eventually have to make a tough choice: Sacrifice their interest rate, or remain in a house that’s no longer comfortable for their growing family.

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Will spring be a bust? 4 decades of housing data tell a complex story

Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn't crush it forever, according to an Inman analysis.

How to Choose the Best Window Blinds and Coverings

Designers consider window shades and blinds essential for many reasons. But there are so many options — how do you choose the right ones?

Consistency equals consumer confidence. Here’s how to build a trustworthy brand

Brand consistency becomes brand recognition. Brand recognition converts into trust, and trust equals success. 

ChatGPT picked favorites from 10 commission objection scripts

If you’re having trouble figuring out which scripts work best in various situations, take them for a test drive on ChatGPT, writes trainer and author Bernice Ross. See what it says, and ask it to explain why one script is more effective than the others. 

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