Did you Know? January 2022

  • Dennis Hartley
  • 01/26/22

Did you know?

=> According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Considered an investment in one’s future, real estate is typically considered a stable and secure asset that grows in value over time. Here is how the standings lined up of those polled:

41% Real Estate

26% Stocks, Mutual Funds

18% Gold

9%   Savings Accounts, CDs

3% Bonds

=> Existing-home sales rose 8.5% from a year earlier to 6.12 million, a 15-year high. The median sales price of an existing home in December was $358,000, a 15.8% increase year over year.  (per Wall Street Journal)

=> Home improvement website Houzz surveyed 2,891 homeowners for its 2021 Bathroom Trends Study. Results revealed that more than a third of bathroom renovations undertaken in the past year or for next three months include:

  • high-tech faucets;
  • toilets with bidets;
  • heated seats or self-cleaning technology;
  • 41% of homeowners are using their bathrooms for rest and relaxation, seeking a “spa feel” in their spaces.

=> Also per Houzz, Countertops were the most commonly improved feature during kitchen renovations, with more than 90% of homeowners upgrading them:

  • Engineered quartz remains the most popular material for upgraded kitchen countertops, with 42% of homeowners opting for it;
  • While granite remains the second-most popular material, it has dropped to 24% from 28% last year.

 

Photo by Sidekix Media on Unsplash

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With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.

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