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National Association of Realtors

Friday, August 30, 2019

Getting a Custom Home? Here’s How to Get the Strongest Roof



By Meghan Belnap
Homeowners investing in a custom-built home have the unique opportunity to pick and choose how their homes are built and what materials they'll be made of. When building a new home, homeowners must invest in durable customized roofs that are made of high-quality construction materials and utilize the most advanced building techniques.
Use the following four tips to construct the best roof for a custom-made home:

Use High-Quality Materials

When designing a custom home, it's important to ensure only high-quality roofing materials are used. As the quality of one's roofing materials will affect its longevity, homeowners should choose the most durable roofing options. According to experts, the best roofing material tends to be clay as it lasts longer than traditional concrete roofing tile. Homeowners searching for something less expensive can consider using fiber cement composite material in their roofing.

Invest in the Latest Roofing Structural Tech

Trusses are another important element in a roof's construction. These trusses are designed to transfer the weight of a roof onto the home's load-bearing walls. Homeowners can guarantee their custom homes are well-constructed by using quality roof trusses that are made-to-measure for any custom-made home. In addition to protecting the home, trusses comply with building codes and are designed to fit the shape of any roof.

Consider Metal Roofing

Metal roofing is another popular option to consider for new homes. Though each type of metal differs, homeowners should consider this material for their roofing needs as it's higher in quality overall. As most metal roofs last up to 70 years, their longevity is unmatched compared to traditional roofing materials that had a life expectancy of up to 20 years. Additionally, metal roofs tend to be far more durable as they reportedly can withstand winds of up to 140 mph.

Consult With an Architect

When researching the best choices for new roofing, homeowners should be sure to consult with an architect as well. This is especially important for custom-made homes that are being built from scratch. As some types of roofs are better suited to specific types of designs, it's best to have contractors and architects work alongside one another to ensure that the right decision is made regarding what roofing material and style to use.
The stronger the roof, the more structurally sound the home will be. Be sure to take the above information into consideration when designing your new custom-built home.






Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, August 27, 2019

(Really) Great Spaces: Tom Brady and Gisele Bundchen List Their Massachusetts Mansion

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Want to live like a supermodel? How about a football pro? If you happen to have $40 million in the bank and want to move to Massachusetts, you might be in luck!
Supermodel Gisele Bundchen and Patriots quarterback Tom Brady recently listed their five-bedroom Brookline, Mass., home for $39,500,000. So what do you get for that price tag, other than walking the halls of the former residence of two greats?
Built in 2015, the 3,261-square-foot mid-century modern home sits on over five acres adjacent to the 9th hole of The Country Club of Brookline—the oldest continually operating country club in the United States. The sprawling home includes a three-car garage, stoned carport and a massive circular driveway that holds up to 20 vehicles—perfect for when throwing lavish parties.
In the front foyer of the home, a grand staircase leads to the five bedrooms upstairs. The lower level includes a kids playroom, rec room, wine room, gym, spa and access to an outdoor organic vegetable and herb garden and in-ground pool.
Out back, a 1,400-square-foot, detached, barn-inspired "guest house" features a yoga studio, bathroom, sleeping loft and sliding walls. 
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Listed for: $39,500,000
Listed by: Beth Dickerson, Gibson Sotheby's International Realty
Photos by: Gibson Sotheby's International Realty


Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Sunday, August 25, 2019

Real Estate Study: Top 30 Cities for Millennial Veteran Homebuyers

veteran millennials

In today’s real estate market, homeownership has become more and more difficult for millennials to obtain. However, one subdemographic that may have a leg up? Millennial veterans.
With many having access to VA loans, there's a large block of potential millennial buyers that are qualified to purchase a home with no down payment, mortgage insurance or great credit. 
For these reasons, millennial veterans are some of the most successful homebuyers on the market today. It's also why Veterans United Home Loans—the nation's largest VA lender—compiled a list of the top 30 cities for young veterans, as well as active service members.
"The lingering question in housing circles has been when will millennials enter the home-buying market," Chris Birk, director of Education at Veterans United Home Loans, tells Housecall. "The fact is millennial veterans aren't standing on the sidelines."
To create the list, the company compared purchase loan volume numbers for millennials from last year to the same data for that group from 2015. Cities are ranked by their percentage increase in VA purchase loan volume.
Military density is higher in Florida, Georgia and Texas than in most states as a result of more installations and higher veteran populations, which accounts for the large number of cities that made the list from those states.
Additionally, Veterans United Home Loans only considered cities that had at least 75 millennial purchase loans in 2015 and 2018; and the company defines these millennials as any veterans or active service members that were born between 1981 and 1996.
Here are the top 30 cities for millennial veteran homebuyers:
Jacksonville, Fla. Metro Area                                VA Purchase Loan Growth (Percentage):228.80
Tampa-St. Petersburg-Clearwater, Fla.144.80
San Antonio, Texas Metro Area135.50
New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. Metro Area129.50
Hinesville-Fort Stewart, Ga. Metro Area116.90
Miami-Fort Lauderdale-Pompano Beach, Fla. Metro Area107.60
Virginia Beach-Norfolk-Newport News, Va.-N.C. Metro Area107.30
Fayetteville, N.C. Metro Area103.70
Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va. Metro Area102.30
Chicago-Naperville-Joliet, Ill.-Ind.-Wis. Metro Area101.90
Killeen-Temple-Fort Hood, Texas Metro Area100.00
Atlanta-Sandy Springs-Marietta, Ga. Metro Area93.80
St. Louis, MO-Ill. Metro Area81.30
Oklahoma City, Okla. Metro Area79.80
Dallas-Fort Worth-Arlington, Texas Metro Area77.50
Baltimore-Towson, Md. Metro Area73.10
Savannah, Ga. Metro Area68.00
Phoenix-Mesa-Scottsdale, Ariz. Metro Area66.20
Seattle-Tacoma-Bellevue, Wash. Metro Area61.80
San Diego-Carlsbad-San Marcos, Calif. Metro Area61.40
Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md. Metro Area59.10
Denver-Aurora, Colo. Metro Area58.80
Jacksonville, N.C. Metro Area56.50
Houston-Sugar Land-Baytown, Texas Metro Area54.80
Riverside-San Bernardino-Ontario, Calif. Metro Area54.10
Kansas City, Mo.-Kan. Metro Area42.60
Omaha-Council Bluffs, Neb.-Iowa Metro Area41.00
Clarksville, Tenn.-Ky. Metro Area32.20
Boston-Cambridge-Quincy, Mass.-N.H. Metro Area26.50
Los Angeles-Long Beach-Santa Ana, Calif. Metro Area24.40
To view all of Veteran United Home Loans' key findings and for a full breakdown of their methodology, click here.






Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, August 23, 2019

6 Essential Tips for Selling a House ‘As-Is’


By Wendy Dessler
Selling your home without fixing it up first presents potential challenges for some homeowners. For others, it may open up different opportunities. Selling a house "as-is" can be a good thing. It all depends on your approach to selling it.
Here are six essential tips to help make the sale a smooth transition:
Flexibility Is the Name of the Game
Flexibility is really important when you decide to sell a house "as-is." You're asking buyers to purchase your property without making any changes to it. There may be serious problems that need to be corrected, so being flexible is definitely in your best interest.
In situations like this, people are looking to purchase a house inexpensively. For this reason, it's unlikely that you're going to find a buyer willing to pay the exact price you're looking for. However, you always have the ability to negotiate to try to get a higher price. 
Don't Be Afraid to Make Some Necessary Repairs
In certain situations, it may become incredibly difficult to sell your house without making any repairs. Sure, you'd love to sell the place "as-is," but that doesn't mean buyers are going to be interested if too many things need to be fixed.
Take a moment to really look over your home. Is it in rough shape? Does it need extensive repairs like a new roof, a new foundation, or worse? If you answered "yes" to any of these questions, it's likely time to consider making certain upgrades to make your property more appealing to potential buyers.
Obviously, no one is going to force you to make changes. However, it's sometimes best to give in and go against your wishes just to have a better shot at selling your home.
Know How Much Certain Repairs Will Cost
Even if you never intend to make any repairs, it certainly doesn't hurt to know how much it'll cost to fix some of the issues plaguing your home.
This is important information you can pass along to potential buyers. For example, if a prospect asks how much it'll cost to replace your old roof, you can supply them with an estimate from a local roofing company.
Openness and Honesty Is the Best Policy
Always be transparent with potential buyers about issues with your home. It's best to disclose everything to potential buyers right away because if they're serious about purchasing your home, they'll find out about existing problems as soon as they have the home inspected.
However, by the time a homebuyer has your property inspected, they may get upset if they believe you tried to hide something from them. If the repairs needed for your home are too major, they'll walk away from the deal anyway—so always be upfront about these issues.
Ask Your Buyers to Pay a Fair Price
It may seem obvious, but asking for a fair price is going to be critical to your success. If you try to sell your home for too high a price, many prospects will be turned off. Potential buyers might not even bother looking at your house if the price is set too high.
Instead, when selling your home "as-is," try not to get too greedy. Remember, the competition is thick and there are plenty of other homes on the market. So be sure to ask for a fair price and you should be fielding offers in no time!






Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Monday, August 19, 2019

How to Create Fun and Magical Backyards Despite the Size




By Barbara Butler
My mom insisted we go outside and play every day, no matter what the weather. We might have grumbled about it on cold and rainy days, but once we were outside, we always ended up having fun. Getting the kids off their devices and outside in the fresh air can be a bit difficult—if your backyard isn’t as large as you’d like, you might feel extra discouraged on this front.
However, you can create an enticing and magical outdoor play area for your children, no matter the size. After building unique backyard play structures and tree houses for over 25 years, I’ve learned how to transform many challenging terrains into the focal point for children's play. Here are some ideas to get you started on your own transformation:
Work With Your Site
Analyze your backyard before you begin designing. Where's the shade? Where will you sit to watch the kids? What other activities do you use your yard for, such as barbecuing, yoga, gardening or exercising the dog? Is there a way to make the space multi-purpose, such as by rolling out your yoga mat under the treehouse?
Take advantage of the natural features of your space rather than fighting against them. Build a slide right into a slope, terrace a hillside to create a multi-level play area with climbing ladders and/or slides in between, or nestle a clubhouse next to the branches of a tree. Perk up small, unused areas with a sandbox (try using tree rounds as the border), water table or low balance beam. Hang a giant knotted rope from a tree branch. And—one of my favorites as a child—gather all the neighborhood kids and create an obstacle course from things you find in the garage and yard. Then start the timed races to see who can finish the fastest.
Imaginative and Physical Play Features
Kids want to exercise both their imagination and their muscles. To this end, I recommend combining physical and imaginative play features. For example, add rock climbing holds and crenellations to an existing fence, so the kids can defend or attack the monarchy, rather than just climbing up a wall. If you have a ship theme, choose a nautical knotted rope climb, create a sandbox in the shape of a boat and add pirate flags to the deck. If you have a deck, turn it into a theater! No matter the theme, a slide always lends itself to a quick get-away. (Pro tip: Spiral tube slides require much less space than straight ones.)
Loops of Play
Try to imagine the kids running around—now create lots of fun "loops" of play instead of creating dead-ends. This means creating multiple ways up and down a structure, such as ladders, slides, fire poles, steps and ramps. Wherever there's an up, have a down close by. Imagine the kids playing tag and make sure there's nowhere they can get boxed in. Even areas meant to feel cozy can have an extra way out.
I often include a "secret" escape hatch in my playhouses hidden underneath a table or counter. Give the kids places to go—up the ladder, across the bridge, ring the bell, then down the slide and back again—and they'll wear themselves out for a good night's sleep.
Build Up
If the footprint of your yard isn't as expansive as you'd like, consider building up. A two-story playhouse gobbles up no more of your lawn than a single-story one. A treehouse nestled in the branches of a tree leaves the space below open for other types of play. If you have room to build two towers, connect them with a bridge and you can add swings or monkey bars underneath.
Greenery
I'm a big fan of tree houses, so if you have a suitable tree to build in or near, that's a great way to create the magic, no matter the size of your yard. After all, don't the best adventures start with entering the mysterious, leafy world of the treetops? No trees in your yard? You can create the same inviting feeling of becoming ensconced in greenery by planting climbing vines or bamboo around the play area.
Safety
There's nothing magical about an unsafe play environment. By eliminating unnecessary risks, you'll create a stimulating space for your children to freely challenge themselves without going too far. After all, you want to be able to send your kids out to play by themselves with minimum supervision and without the worry of a serious injury.
The most important safety feature of any play structure is to make sure you have established a "use zone" filled with resilient surfacing material, such as bark chip, sand, rubber chip, rubber matting or pea gravel. Experts have proven that the installation of a resilient surfacing material in the play area is by far the most important safety feature you can provide. The "use zone" should be at least six feet of obstacle-free space all around the play structure.
Use green products because they're safer for kids and the planet. Build with redwood or other natural lumber, not chemically pressure treated wood, which is harmful to kids. I use redwood from well-managed forests and non-toxic tung oil stains that contain no mildewcides (a very toxic compound that inhibits the growth of mildew). When cleaning my structures, I use a biodegradable citrus-based cleaner instead of commercial cleaners.
Prevent pinched fingers: Leave half-inch gaps around doors and shutters so little fingers will not get pinched when closing by grasping the edge. Also, leave quarter inch gaps in floorboards so water will drip through in the rainy season and not puddle. You'll definitely want to add doors and shutters–one of the first things children do is open and close the shutters about 900 times!




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, August 16, 2019

How to Find the Right Home If You’re Part of a Beginning Family


By Meghan Belnap
As your family grows, it's important to create an environment that's conducive to creating lasting experiences and memories. That's why you should ensure your family has a comfortable and spacious place to live.
If you're a part of a beginning family, you'll need to consider which type of home will work best for you. Here are some things to think about:

Cost

Buying a home is a massive investment that'll require upfront costs. You'll need to consider whether you have enough to cover the down payment, closing costs and more. Sure, it's possible to negotiate a portion of the fees with your agent's help; however, you don't want to come to the table with no money down.

Maintenance

Once you've purchased a home, you'll want to consider the cost of maintenance. This is one factor that many people don't fully take into consideration. It's wise to set money aside to cover expenses like repairs and updates. It's also really important to consider monthly maintenance costs, like various utility bills.

Resale Value

If you decide that your next home is where you'll want to set your roots, you don't need to worry about reselling your home; however, if you know that you'll want to upgrade within the next 5-10 years, it's a good idea to consider the resale value of both options. If you were to add a few upgrades to a single-family home, the impact it can make in terms of how much more money you'll get when you resell can be major. A professional who offers real estate services can help you work through those details to help you decide the most feasible option for your family.

Space for Kids

The more children you plan to have, the more space you're likely going to want. While you can maneuver around the dilemma of limited space by using bunk beds and room dividers, that can only last for so long. Think about the future members of your family and the space you'll need as you figure out the type of home to buy.
Ultimately, you need to make a decision that honors the goals you've created. As you think about your goals, your family's future and the reality of your situation, it'll be easier to make the decision that works best for you.




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Saturday, August 10, 2019

4 Affordable Ways to Get a First Home to Start Your Family




By Meghan Belnap
If you’re ready to start a family, you’re likely concerned over how you’ll be able to afford the right family home. You can save money on your first family home by going through the right channels to secure the best deal.
Here are four affordable ways to get a first home to start your family:

Apply for First-Home Buyer Assistance

Certain loans and grants are available to first-time homebuyers to ease the purchasing costs. Programs sponsored by the U.S. Department of Housing and Urban Development (HUD) can save you money on a home and even help you with public housing residence, if necessary. A Veteran’s Administration (VA) loan might be available to you if you’ve served in the armed forces. You might also be eligible to apply for a USDA loan or an FHA loan.

Choose a Condo Instead

Most families want to live in a house, but there are plenty of condos for sale that make great family homes. Some condominium complexes also have security guards on staff and take other measures to keep residents safer. Buying a condo that’s large enough to support you and your growing family can be done with help from a reputable property management company.

Get Preapproved

Getting preapproved for a mortgage will help you budget better so that you can know exactly where you stand financially. To get preapproved, your prospective lender will examine your income, credit score and other financial details to determine if you’re eligible. There are online services that can be used to determine if you can get preapproved. However, it should be noted that preapproval doesn’t necessarily guarantee you a loan.

Work With the Right Real Estate Agent

A real estate agent who’s experienced in working with people who have similar budgets to yours can help you find the right home faster and at the lowest rate. The best agents know how to negotiate deals and stay updated on the housing market conditions to follow local real estate trends. The agent you hire can show you a variety of homes in the area you wish to live and offer sound advice to help you with your purchasing decision. Any agent that you choose should be licensed and willing to show you references.
Getting into a home that suits your family can be possible with the right methods. Following the best advice and taking advantage of the most suitable programs for first-time homebuyers will point you in the right direction!

source: Housecall

Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, August 8, 2019

(Really) Great Spaces: Sugar Ray Leonard’s Sprawling Italian-Style Villa


sugar ray leonard


Boxing legend Sugar Ray Leonard has just listed his Pacific Palisades, Calif., home and it's as grand as the man himself. Nestled in the prestigious Riviera section of the Los Angeles neighborhood, Leonard has listed the 16,773-square-foot property for $51,995,000.
Designed by architect Richard Landry—who is a legend in his own field—the Italian-style villa was built by the Leonards almost 23 years ago. The seven-bedroom estate features a gorgeous ivy-covered fa├žade and a formal foyer which leads to a grand center hall that connects the home's living room, formal dining room, solarium and kitchen.
The estate also has a large gym and media room, as well as six massive fireplaces imported from Europe and stone floors imported from Jerusalem.
"This home has been a peaceful oasis offering incredible privacy and superior amenities to raise our family," says Sugar Ray's wife, Bernadette.
Outside amenities include a detached two-story guesthouse adjacent to the pool, a huge patio space, a spa and a tennis court.
sugar ray leonard

sugar ray leonard
sugar ray leonard
sugar ray leonard
Listed for: $51,995,000
Listed by: Coldwell Banker Residential Brokerage
Photos by: Coldwell Banker Residential Brokerage




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Monday, August 5, 2019

How to Get the Best Price When Selling Your Home


selling home


By Meghan Belnap
If you're selling your home, you're likely trying to make as much of a profit as possible. Unfortunately, most markets are crowded and it can be difficult to stand out. If you want to get a good price, you should consider following these steps:

Work With an Appraiser

Your first step should be to work with an appraiser. A good appraiser will help you not just to figure out how much your home is reasonably worth, but also help you to figure out which parts of your home are the most marketable. If you can put more of an emphasis on those features, you'll have a much better chance of selling your home for a great price.

Do Your Homework

Your next step is to start doing your research, and that typically means doing more than just typing "sell my house" into a search bar. You're going to want to work with local real estate professionals to figure out not just how much your home is worth, but what the market is like in your area. Remember, it's often the other homes that are up for sale at the same time as your own that'll determine exactly what kind of asking price you'll be able to post.

Finish Major Repairs

No one wants to buy a home that needs major repairs completed. Take some time to look at the most problematic areas of your home and to get the work done. Though this does mean spending money, doing so will make your home look more attractive to buyers. If you can present a home that looks like it's move-in ready, you may be able to sell your home more quickly and get more from your potential buyers.

Stage Your Home Professionally

Finally, take some time to work with a professional in order to stage your home before your showings. You want to highlight your home's potential, so make an investment that'll really wow the people who are looking at it. Just a bit of time and money spent on staging can have a huge impact on how buyers perceive your home.
Getting a better price for your home is largely a process of understanding what your home is worth and then marketing it as best you can. Get your home appraised, make it look great and take steps to make sure it stands out. Once that's done, you'll be sure to fetch a good price!




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Saturday, August 3, 2019

Beat the Heat with Lakefront Living: Realtor.com® Ranks Affordable Lake Towns

It's been a scorcher this summer, with temperatures reaching record highs. So it's no wonder the masses are heading toward the water in search of a summer heat reprieve.
Forget beach houses, however. Lake towns are trending and realtor.com® just announced the best affordable lake towns of 2019. Here's how they rank, according to the report:

lakefront



  1. Branson, Mo.
Median List Price: $205,900
  1. East Stroudsburg, Pa.
$187,000
  1. Port Clinton, Ohio
$259,900
  1. Jamestown, N.Y. (Chautauqua County)
$59,900
  1. Alexandria, Minn.
$288,900
  1. Clearlake, Calif.
$219,900
  1. Spirit Lake, Ind.
$315,000
  1. Mountain Home, Ark.
$174,900
  1. Baraboo, Wis.
$189,900
  1. Sandpoint, Ind.
$429,000
Where should you buy your lakefront vacation home? It all depends on what you're looking for. Realtor.com®'s rankings reflect properties listed on its website that appeared after searching phrases like "lake view" and "lake house" across 900 U.S. metropolitan and micropolitan areas. Only locations that had over 50 listings in a 12-month period, as well as median home prices below $450,000, made the cut. Also taken into consideration were amenities—what percentage of these homes offer easy access to dining, drinking and outdoor activities?
For those who like paddle boats and water skiing, Branson's Table Rock Lake offers 43,000 acres for water sport enjoyment. If you're looking for some antique shopping, Port Clinton may be more your taste. But if fishing is what you love to do, take a look at Mountain Home for some grade-A bass catching.
"Lake towns offer people an affordable destination with water sports, amenities, natural beauty and an array of often top-quality dining options," said Clare Trapasso, senior news editor at realtor.com®, in a statement. "Some of these lake towns also double as ski resorts in the winter. Those who enjoy cold-weather sports, in addition to summer activities may, in fact, be getting a home they can enjoy throughout the year."
For more information on lakefront living, visit www.realtor.com.



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com