We're in the age of do-it-yourself homeownership. Through online tutorials and big box improvement stores, homeowners have the means and education to complete their own renovation projects, but are they happy with the overall project? According to a Zillow analysis, three-quarters of homeowners completed a DIY home improvement project in the last three years, but nearly 40 percent of those homeowners wish they hadn't.
As homebuyer demand continues to outpace supply, a new Zillow analysis found that there are 12% more fixer-upper homes on the market now than there were five years ago. Low existing home supply coupled with competitive homebuyers has created a seller’s market, and with high demand for houses, sellers aren’t feeling the pressure to make updates before putting their home on the market.
What’s the one thing it seems all homeowners want more of in their home? Space for all of their belongings. Whether you’re trying to optimize storage in a small home or looking for simple ways to cut down on clutter and get organized, here are several ways to add extra storage spaces to your house.
As the temperatures are beginning to dip, now is the time to make sure your home will be ready for winter. Winterizing your home can help lower your utility bills, protect your biggest investment and most importantly, keep you and your family warm throughout the freezing months. Here are some tips on how you can maximize your winter home maintenance.
Let the holiday countdown begin! With Thanksgiving just weeks away, so are holiday guests. If you're expecting company over the next month, these upgrades are quick, efficient and relatively budget-friendly.
Renovation TV shows like Fixer Upper and Rehab Addict can inspire homebuyers to purchase a home in need of some TLC, but they leave out a very technical part of the process: financing the renovations. Fannie Mae's HomeStyle® Renovation Mortgage is one of a few renovation loans we offer. This loan type allows purchase and refinance borrowers to include financing for home improvements into the transaction of an existing home. Here's what you need to know about this renovation loan.
Happy Halloween! Due to age, maintenance, and the efficiency of various major home systems, your house is bound to creak and clank every once in awhile. While spooky, these noises and smells are most likely typical home maintenance issues that may need some attention sooner than later. Here are some of the most common eerie home noise complaints and their causes.
As the days are getting shorter and the weather is getting cooler, there are a few home maintenance tasks you need to put on your to-do list. Follow our checklist to get your home, both interior and exterior, in the best shape this month for the fall elements.
Energy efficient home maintenance tasks probably aren’t on your list of favorite fall activities. Nevertheless, these home improvements and home maintenance fixes will keep your cool-weather utility costs a little bit lower this fall and winter.
So you just bought a house; congratulations! Making your home yours is where the real fun begins, but it's also a good idea to adjust to the costs of homeownership before making large scale home improvements and renovations. Here are some cost-effective but aesthetically-pleasing home improvements you can mostly do yourself and complete on a budget.