5 Myths About Real Estate Reality TV Explained

  Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so many more, just in one sitting. When you’re in the middle of your real estate themed show marathon, you might start to think that everything you see on TV must be how it works in real life, but you may need a reality check. Reality TV Show Myths vs. Real Life: Myth #1: Buyers look at 3

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Columbus #12! — 20 Markets With Strongest Kickoff to 2017

The time it has taken for homes to sell nationwide in January has decreased at a rate of 4 percent compared to a year ago, despite record-high housing prices, according to realtor.com®’s latest housing report. “We saw evidence of a stronger-than-normal off season starting last September and October due to pent-up demand and surging interest from first-time buyers,” says realtor.com® chief economist Jonathan Smoke. “The downside to this strong off season is that we have started 2017 with a new low volume of available homes for sale and a new high for prices.” Listing inventories are down 11 percent in

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How Much Does a House of Money Really Cost?

Homes can be expensive, but just how much are they truly worth? The real estate brokerage Redfin set out to find out how expensive a house that was actually constructed from dollar bills. To figure it out, Redfin researchers took into account the dimensions of the average American home — 1,811 square feet — as well as averages like it’s two stories; has exterior walls that are eight inches thick and interior walls that are five inches thick; a roof that is three inches thick and a floor that is two inches thick. The dimensions of a dollar bill —

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So Much for Downsizing

A recent study by Bank of America Merrill Lynch found that nearly one-third of Baby Boomers and seniors are choosing to buy larger homes in retirement instead of downsizing. The report seems to point to an interest in larger home specifically that have extra bedrooms. One-third of retirees surveyed say a top reason they wanted to upsize was to have a home large enough for family members to visit. When adult children, grandchildren, and other family members are scattered around the country, the homes of retirees tend to function as a meeting place for extended families, particularly during holidays or

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Study: Friendly Neighborhoods Reduce Risk of Heart Attack

Knowing your neighbors may be good for your heart — and not just emotionally — according to a new study by psychologists at the University of Michigan. The more social connections you have in your neighborhood, the less likely you are to die from a heart attack, according to the study, which was published in the Journal of Epidemiology and Community Health. The study is based on assessments of social connectedness for more than 5,000 adults in urban, suburban, and rural areas over a four-year period. By the end of the four years, 148 of the more than 5,000 adults had heart

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