Home remodeling is big business in the USA. This is how the story usually goes… “I don’t like the kitchen. Let’s build our new dream kitchen. I know you said it’s too expensive, but we’re investing in our home. Think of all the money we’ll get back when we sell this house. I know money is tight, but this is … Read More

The cost of building a home decreased as a result of a drop in commodity prices, low oil prices, and a strong USA dollar.\r\n Commodity Prices \r\nWhat does the price of clay in China have to do with the price of an American home? The connection may not be obvious at first, but it’s there nonetheless. The connection stems from … Read More

If your home is not properly insulated, you are paying more than you need to in heating and cooling costs. That unnecessary cost often adds hundreds of dollars to people’s energy bill each year.\r\nAll things being equal, location, style of home, and materials used, the type of insulation you use in your home can make a dramatic difference in your … Read More

The prime interest rate is set by the Federal Reserve and represents the interest rate customers with good credit generally pay on money borrowed from a bank. This is different from the federal funds rate, which is an interbank rate used to meet capital requirements.\r\n\r\nWhen the Federal Reserve raises or lowers interest rates, it has a long-term effect on the … Read More

As mentioned in the previous blog post, the S&P Case-Shiller Index offers a trustworthy barometer of the U.S. housing market. However, there’s more than one way to estimate price direction in the USA housing market. Like anything, home prices follow the law of supply and demand.\r\n\r\nSo for a moment, forget real estate, and let’s think economics. Supply and demand is … Read More

“Is this a good time to buy?” Every time I ask this question to a Realtor, the answer is always the same “Yes, this is a perfect time to buy a home!” When I follow up with “Well, what about selling, is now a good time to sell my home?” I get the same answer. “Of course, it’s also a … Read More

After you’ve chosen a kitchen layout, the next questions are regarding the kitchen surfaces and appliances. The difference between a beautiful and forgettable kitchen depend on these two factors. In this post, we discuss the pros and cons of several surfaces used in kitchen countertops. Countertops can see a lot of wear and tear. As such, it’s important to consider … Read More

The kitchen is arguable the most important part of your home. As such, when designing a home, this room is often the place to start. Here are tips on choosing the right kitchen layout for your lifestyle.\r\n Step #1: Choose a Shape \r\nThe simplest kitchen floor plan is the I-shape. This layout places all the appliances and counters along a … Read More

Historical Home Sizes \r\nThe end of the Second World War marked the start of a wave of global prosperity. Incomes rose, and our material wealth increased substantially. The average home size also grew significantly during this time period. At the end of the war, the average home was just 983 square feet. By 1970, our homes grew to 1,400. Today, … Read More