Why Adaptive Reuse Is Important To Lower Housing Costs, Poor Home Design Features To Avoid, NJ Homes Sales Fall Sharply

Why Adaptive Reuse Is Important To Lower Housing Costs

Real Estate Tip:

Avoid poorly designed homes--this is often referred to as functional obsolescence. Functional obsolescence reduces the desirability of your home and makes it more difficult to sell. Here are some examples that you should steer clear of: 1) No bathrooms on first floor

2) Bedrooms with no closest

3) Knob-and-tube wiring or fuses instead of a circuit breaker box

4) One outlet per room

Real Estate Insight:

The number of NJ home sales have declined for the past 25 months, falling by 20% in June.

7 Things U Can and Cannot Control In Real Estate, What Contractors You Work With Should Have, Home Sales In This Category Fall By More Than In A Decade

7 Things U Can and Cannot Control In Real Estate

Real Estate Tip:

Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves)

Real Estate Insight:

Sales of previously owned homes fell in April from the prior month and prices declined from a year earler by the most in more than 11 years.