Hoping Your Home’s Value Will Rise? Live Near This Grocery Store

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Those hoping to watch their home’s value soar might want to live near this grocery store.

Homeowners who lived closest to an Aldi, a German chain of discount supermarkets, saw the greatest home appreciation, according to a recent report from real estate data firm ATTOM. Home values jumped 58% for homeowners near an Aldi compared with 49% for those not far from a Trader Joe’s and 45% for those close to a Whole Foods.

“Having a grocery store nearby, particularly a store with a brand that resonates with the homebuyer, is definitely a plus, and one of the conveniences that can differentiate one home or one neighborhood from another,” says Rick Sharga, executive vice president of market intelligence at ATTOM.

“There’s also probably a psychological factor involved. Buying a very expensive home located near discount retailers and grocery stores may be offsetting to prospective buyers, while budget-conscious buyers may worry about cost-of-living issues if they purchase a lower-priced home surrounded by luxe retailers.”

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The Property Brothers Lose Their Shirts on the Latest ‘Celebrity IOU’—but It’s for a Good Cause

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Property brothers Jonathan and Drew Scott are the ultimate good sports, and they prove it on the latest “Celebrity IOU” when Drew accepts a dare to do a little topless jackhammering alongside former football star turned “America’s Got Talent” judge Terry Crews.

The sight of Drew’s dad bod, next to Crews’ ripped contours, is not all that flattering, but it’s all in the interest of helping Crews create a backyard fitness sanctuary for his family’s beloved driver, Frank.

In the episode “Terry Crews’ Outdoor Upgrade,” Crews insists that Frank is much more than a driver.

“He’s a friend and like an older brother to me,” Crews explains.

Large backyard before the renovation
Cement deck with a linear pattern added
Installing a water and time saving irrigation system
Terry Crews and Drew Scott preparing ground for cement slabs

A convertible pergola
Backyard remodeled
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Fannie and Freddie get green light to buy $1M mortgages

The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country.

Buyer Jumps on Charming $380K California Hobbit House, Sight Unseen

Realtor.com

The offers came rolling in a week after a hobbit house for $380,000 came on the market in Keene, CA. And within three weeks, the quirky abode found a buyer.

“The seller is an art teacher at a middle school not far from the house, and she has such an eclectic sense and is very much into ‘Alice in Wonderland’ and Tim Burton,” explains listing agent Christy Rabe, with Platinum Realty Group.

“You just walk in, and you just feel like, ‘Oh my gosh, this is such a cute little cottage,’” Rabe adds.

Front exterior

Steven Oliver/ The Moments Captured












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U.S. Home Prices Fall for Third Straight Month in September: Case-Shiller Index

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The numbers: The S&P CoreLogic Case-Shiller U.S. 20-city price index fell 1.2% in September, its third consecutive monthly decline.

The decline matches the forecast of economists were expecting a 1.3% decline.

Year-on-year appreciation rose 10.4%, but that reflects the stronger conditions in late 2021. The figure is down from 13.1% in August.

A broader measure of home prices, the U.S. national index, fell by a seasonally adjusted 0.8% in September.

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It now costs $888 more to buy a home than to rent one: Report

The gap between buying a home and renting one has widened since 2020, "The Wall Street Journal" reports. It now costs $3,058 a month to buy an entry-level home.

Will I have to sell real estate til I’m 70?

Do you know how much you need on hand to retire? Agent Lorraine Beato shares a cautionary tale about preparing now so that you are not selling homes well into your golden years to stay afloat.

Corcoran Group and Savills expand relationship to encompass Miami

Corcoran Group agents in Miami can now refer clients to the London-based Savills' global network and vice versa, allowing access to buyers and sellers in more than 70 countries.

Home prices dropped in September for third straight month

The S&P Corelogic Case-Shiller Home Price Index reported a 10.6 percent annual gain in home prices during September, down from the previous month when they increased 12.9 percent.

Buying a Home Is Harder if You’re Black

The National Association of Real Estate Brokers says discrimination is holding Black buyers back in all steps of the home buying process, starting with the rejection of a mortgage application.

MLB Hall of Famer Larry Walker’s Former Colorado Home Base on the Market for $3.9M

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The gigantic Rocky Mountain home formerly owned by Larry Walker, who played for many years with the Colorado Rockies, has come on the market in Evergreen, CO.

Catch it for $3,950,033.

The sprawling estate on 6.5 picturesque acres sports eight bedrooms, 12 baths, and 13,452 square feet of interior space.

Built in 1996 and subsequently renovated over time, the megamansion features heated floors for chilly winter mornings, a library, game room, home theater, wine cellar, personal gym, built-in bar, and six fireplaces.











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Recipe for Regret: 5 Things Homebuyers Hate About Their New Kitchens

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If you’ve recently bought a home, it’s normal to second-guess some of your decisions, large and small. A whopping 72% of recent homebuyers have regrets about their home purchases, according to a recent survey.

Many believe they paid too much (which makes sense in this wild market), but most others say their purchase was rushed. Details were overlooked, compromises were made, and now they live with regret. Every. Day.

The kitchen is one room where that regret sometimes simmers on low 24/7. Maybe buyers were willing to overlook an out-of-date kitchen if it meant they could afford an otherwise respectable house. Or perhaps they underestimated how much counter space they would actually need.

Read on for insight into the regrets homebuyers have about their new kitchens. Our experts offer cheap fixes for some issues and more involved solutions for others.

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Tech Companies Are Laying Off Thousands of Workers. Will the Housing Market Survive the Cuts?

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The once-hot housing market has been humbled in recent months. Higher mortgage rates, raging inflation, and widespread recession fears have brought the market to a standstill. Now a wave of mass layoffs at the country’s largest and highest-profile tech companies could hobble it even further.

Meta, formerly known as Facebook, laid off about 11,000 workers. Amazon has plans to let go of about 10,000 employees. And there’s been an ongoing bloodbath at Twitter since Elon Musk became the “Chief Twit.” These are the kinds of companies that grab big headlines and often influence the direction of smaller organizations. They also play an outsized role in the nation’s psyche.

Most homebuyers want to ensure their jobs are secure before making what is often the largest purchase of their lives, one that many will spend the next 30 years paying off. Higher mortgage rates have sidelined scores of potential homebuyers, while concern over the economy has caused many others to hold off on purchasing homes.

Nearly 137,000 workers were let go from about 850 tech companies and startups this year, according to tracking website layoffs.fyi.

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How rising interest rates affect cap rates and rental returns

Rents don’t historically fall during recessions, even as home prices do. Investors should keep the following in mind moving forward.

Los Angeles Never Felt Like Home. Now They Live in a Redwood Forest.

There was no time to tour the run-down cabin before buying it. But that didn’t matter: All they could see were the majestic trees surrounding it.

Proptech’s leader has been crashing on our couch this whole time

According to expert Drew Meyers, everyone's talking about proptech without even a whiff of the defining company in the category in the conversation. In fact, the largest proptech company is rarely mentioned.

Decide already! 8 steps for beating analysis paralysis with confidence

Not sure how to make a decision or guide your clients to one? Author and trainer Bernice Ross provides a simple formula that leads to clarity and confidence for you and your clients.

What real estate agents need to know about kitchens and bathrooms from the 1950s 

Expert Gerard Splendore takes us back in time to when pastels and metals dominated the design world for kitchens and baths in the 1950s. This amazing time in design changes is still very popular today with those who love vintage fixtures

Sign of the times: What the market could be signaling

The proof is in the numbers as financial expert and self-proclaimed "cocktail" economist Peter Prudden dives into the unknown to try to determine what current market conditions may mean for the correction ahead.

Need clients? Here’s how to capture and convert the 6 major buyer types

Converting leads into clients isn’t easy, but knowing various types of clients and how to market to them will help. Chris Heller offers step-by-step strategies for capturing and converting the leads you need now.

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