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In United States
Registered Jun 20, 2007
HeadSet's most recent comments:
- On 3 Oct 2014
Five reasons new houses are still getting bigger,
Good Post, Tim Aurora
Let me add a couple of reasons:
1. Very low returns on savings, might as well "invest" in house.
2. Anticipating market down the road will trend to multi-generational households.
This is why I just bought a rather large new construction home, for myself, wife, and 14 year old daughter. This house has 5 bedrooms with included full baths (one on main floor), finished walk-out basement with wet bar and theater room, plus game area with 9' pool table, dart board, and poker table, 3+ car garage, home office, huge balcony deck, etc. I wanted the house to be suitable for a buyer with both a live-in aged parent and college/early career unmarried offspring. This is what I believe the trend will be in a few years for buyers of semi-upscale homes.
This goes along with the trend in new construction for "in-law" suites and built-in private entrance apartments.
I also noticed the new construction trend "kitchen office," which is a separate room off the kitchen with desk and cabinet built-ins, in addition to the typical home office near the front entrance. Maybe this is because both spouses need an office to work from home. My stay-at-home wife just uses hers to pay the bills.
- On 12 May 2014
Housing Market Update: Buyers getting less for their money,
Call it Crazy says
So how do we get a situation where the median is flat and dollars-per-square-foot is rising? Buyers are substituting down in quality and buying smaller homes for the same amount of money.
Or buying smaller homes at lower prices at the same payment due to rate increases...
Isn't he talking about "Price/SqFt," not "monthly payment/SqFt?" In that case, rate increases would have no effect.
- On 2 Apr 2014
Sellers are ditching realtors, pocketing the 6% themselves,
Not really. All a realtor does is sign a contract, then wait for buyers to come along. All a buyer's agent does is hope someone comes along that wants to buy a house.
What you wrote are attributes of a seller's agent. A buyer's agent works with people wanting to purchase homes, by presenting listings and driving clients to properties.
What I would like to see happen is that sellers pay a flat fee to list, and those buyers that feel they need an agent pay for the agent themselves.