One-in-eight homes for sale in September were new construction. Single-family housing starts increased 9% from a year ago and in Nashville, TN, 24% of all homes sold in the third quarter of 2017 were new construction.
A 2017 Buyer and Seller Survey was released this morning by the National Association of Realtors. The typical seller over the past year was 55 years old and was in the home for about 10 years before selling. Eighty-five percent of homebuyers purchased a home in a suburb, small town, or rural area. The typical downpayment for a first-time homebuyer this year was 5%. Student debt is creating a delay in buying a home for many millennials, often pushing it back seven years.
We knew the Walking Dead has a major baseman but how many people actually fear a zombie apocalypse? No idea. What we do know: a list does exist for Best Places to Survive a Zombie Apocalypse and Kalamazoo made the cut at No. 5.
Pets are great and all until you go to sell your home and realize how much damage was done to the flooring. So what flooring stands up best? Think poured and sealed concrete, tile, luxury vinyl, and laminate. However, if you’re in love with wood flooring and refuse to shy away, try going for the distressed look.