Never judge a book by its cover, can apply to your search for a new home. A lot of times we immediately fall in love with the exterior and online photos of a home. There is so much more when it comes to choosing a home. On your tour, you will want to get a feel for the layout, the space and the location. Here are some things to keep an eye out for when taking a home tour. Visible damage Some damage...
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Beachy and coastal decor is not just for a home on the seaside but can also be great for any home anywhere. Here are some tips on how to bring this decor into your home making it feel like a vacation home all year round. 1. Hamptons When you think of Hamptons style decor you think of a traditional American look. This could include white picket fences, relaxed finishes and clean lines. You will not...
The Feil Organization, a New York-based developer, currently owns some of the most accessible property in Metairie, which happens to be the land near Lakeside Mall at the corner of North Causeway Boulevard and Melvil Dewey Drive. The Feil Organization purchased Lakeside Mall in 1968 in a foreclosure sale. This commercial property developer has operated thoroughly and consistently in the Metairie area for...
Factors that are taken into consideration when considering which homeowners insurance policy to buy include the actual features of your home, such as the square footage, the type of foundation, extra design features or construction features which will cost to repair, roofing and exterior features (think masonry brick or stone, vinyl, cement, stucco, or veneer siding), your home's framing, and how the...
St. Charles Avenue is a well-known New Orleans street that has many city architectural influences. The three-story house that is located at 5809 St. Charles Ave is known as the Wedding Cake House. Many people love to travel down St. Charles just to get a glimpse of the fairy-tale look mansion. The home was built in 1896 and was featured in the book New Orleans Architecture, Volume VIII: The University...
Many building companies are now offering open book/cost plus contracts due to the huge rise in cost of construction materials. There have been many rumors and truths that have been floating around with both builders and consumers. Professionals in the industry want to share what is true so that the consumer can make the best decision. One of the big untruths about open book/cost plus contracts is that...
The beginning of February saw a raise of a key short-term interest rate to help bring down inflation. The one-quarter of a percentage point, from 4.5% to 4.75%, will hopefully lower the interest rates in the long term. Many professionals in the industry already considered the raise in the rates in January even though the rates fell this January from December's 6.38% to January's 6.29%. The inflation...
A new home is nice to move into, but an older home has some features you just can't find anymore in a new construction home. If you are in the market for a new home, consider buying an older house. Here are 6 things to consider when you purchase an older home. 1. The Neighborhood. Even if you love the charm of a home, you also need to love the neighborhood it is in. So before you make an offer,...
Harris Poll recently did a survey that reported eight in ten Americans said that purchasing a home is a priority. The survey also reported that 28 million Americans plan to purchase a home in the next 12 months. Unfortunately, only five million homes are projected to be sold in 2023 which means 23 million Americans will not purchase a new home due to home buying challenges they will face. Thirty four...
The housing market is still going strong but is facing a couple of challenges that are hard to overcome. The biggest challenge is the lack of inventory on the market. Current homeowners are shying away from selling due to the fact that they currently have an excellent rate and they fear they will not find anything to buy. According to the Federal Housing Finance Agency (FHFA) the average mortgage rate...