Real Estate

Investments for rent in high areas of the country Investments for rent in high areas of the country | 828 Real Estate

Investments for rent in high areas of the country | 828 Real Estate

Rental investments in the Upper Country Common real estate investment terms: Investing in rental properties in North Carolina's High Country, encompassing Boone, Blowing Rock, and Banner Elk, offers a lucrative opportunity to capitalize on the region's natural beauty and vibrant community. Whether you are considering short-term vacation rentals or long-term student accommodation, it is essential to understand key real estate investment concepts. Key real estate investment terms: Short Term Rental (STR): A furnished property that is rented for short periods, ranging from a single night to a couple of months. Long Term Rental (LTR): Properties leased to tenants for extended periods, typically six months or more. Equity: The difference between a property's current market value and the remaining balance on its mortgage. Equity builds up over time as the mortgage is paid off and the value of the property appreciates. Cash flow: The net income an investor retains each month after covering all operating expenses, including loan payments, taxes, insurance, and maintenance. Positive cash flow indicates profitability. Return on Investment (ROI): A percentage that represents the annual profit or loss in relation to the total investment. Calculated as ROI = Net Profit / Total Investment. Net Operating Income (NOI): Annual income generated by a property after deducting operating expenses such as property taxes, management fees, and utilities. Capitalization rate (cap rate): The relationship between the NOI and the current market value of the property, which indicates the expected rate of return. Condos for children: Properties in university towns purchased for student occupancy. These investments can provide rental income and help students establish residency for in-state tuition benefits. Homeowners Association (POA): An organization that governs a community or development, similar to a Homeowners Association (HOA), often found in areas with vacant lots. R1 Zoning: Residential zoning designation that typically restricts properties to single-family use, prohibits short-term rentals, and limits occupancy to no more than two unrelated persons. Long term rentals: The High Country's proximity to Appalachian State University in Boone presents excellent opportunities for long-term rentals, particularly student housing. Properties close to the university or along AppalCart routes are in high demand, ensuring consistent occupancy. In addition, professionals moving to the area often look for long-term rentals before settling permanently, which maintains a constant demand for these types of properties. Short term rentals: The appeal of the High Country as a vacation destination makes short-term rentals a profitable venture. Visitors are drawn to the region's mountain views, outdoor activities such as hiking, skiing and fishing, and cultural attractions including local breweries, wineries and Appalachian state sporting events. Investing in a short-term rental allows you to generate income while enjoying a personal retreat in this picturesque area. Attractive features for vacation renters: To enhance the appeal of your vacation rental, consider incorporating amenities such as: Panoramic views: Properties with mountain views or sea access are highly sought after. Proximity to attractions: Locations near popular outdoor activities, cultural sites, or the university attract more guests. Modern services: Features like hot tubs, fireplaces, and updated kitchens can enhance the guest experience. Pet-friendly options: Allowing pets can expand your potential guest base. Investing in the High Country rental market offers financial rewards and personal enjoyment. Whether you opt for a short-term or long-term rental strategy, the region's dynamic market and natural appeal make it a compelling option for property investment. For personalized assistance in finding the ideal rental property, consider contacting local real estate experts who can guide you through the process.

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How Mortgage Rates Affect Your Monthly Payment How Mortgage Rates Affect Your Monthly Payment

How Mortgage Rates Affect Your Monthly Payment

How Mortgage Rates Affect Your Monthly Payment Experts predict mortgage rates will drop in 2025, but they also say to prepare for some volatility. That's why it's not a good idea to try to time the market. Instead, it's better to focus on how even a small change affects your results. Even a slight decrease in rates can help reduce your future monthly payment. Want to see what this looks like at a different price? come on connect to explore your options today. Don't forget to check out our latest market reports! I'm Joe Peters, a real estate agent with over twenty years of experience at Coldwell Banker Residential Brokerage. I work with people who want to buy or sell a home (or both) in Hunterdon or Somerset County, New Jersey. Clients rely on me for detailed market and neighborhood information and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, gives clients a unique advantage.

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Zillow39s Hottest Real Estate Markets in 2025 Latest Predictions.webp Zillow's Hottest Real Estate Markets in 2025: Latest Predictions

Zillow's Hottest Real Estate Markets in 2025: Latest Predictions

Well, let’s get right to the point: If you’re wondering where the real estate stock will be in 2025, Zillow’s Hottest Real Estate Markets for 2025 are directed by Buffalo, New York as the first predicted position. Yes, Buffalo is once again predicted to be the most competitive market for buyers across the country. But don’t stop there! The real estate landscape is much more nuanced than that of a single city, so let’s dive in and explore what these trends really mean for you. Why Buffalo again? It’s not every day you see a city take first place in the real estate rankings two years in a row, but that’s exactly what Buffalo is doing. I know, you might be thinking, “Buffalo? Really?” But trust me, the data doesn’t lie. What’s pushing Buffalo to the top? A potent combination of limited supply and a good number of new jobs entering the area, which creates a recipe for high competition. Builders are struggling to keep up with the influx of new residents, leaving housing in short supply. And, from what I’ve heard from colleagues, buyer competition never cooled off last year. Zillow’s Hottest Real Estate Markets in 2025: Latest Predictions Beyond Buffalo, there are other cities poised for significant growth, so if Buffalo isn’t your thing, there are plenty of options. Let’s take a look at Zillow’s The 10 hottest real estate markets by 2025, according to their latest forecast: Buffalo, New York Indianapolis, Indiana Providence, Rhode Island Hartford, Connecticut, USA Philadelphia, Pennsylvania St. Louis, Missouri Charlotte, North Carolina Kansas City, Missouri, USA Richmond, Virginia, USA Salt Lake City, Utah, USA Source: Zillow What catches my attention about this list is the geographical diversity. It has strong contenders from the Northeast, the Midwest, and even a presence from the South and West. It tells us that this trend is not just localized but a broader change, reflecting different dynamics across the country. What is driving these markets? So what’s the secret ingredient behind these promising cities? Well, it’s more than just one ingredient: Affordability: Many of these markets offer a relatively lower cost of living compared to major metropolitan centers such as New York City or Boston. It’s no surprise that cities like Providence and Hartford, quite close to those megacities, are seeing a surge in popularity. It seems that people are looking for a balance between career opportunities and manageable living expenses. Job growth: A booming job market is a sure sign of a strong housing market. Places like Buffalo, which has seen a substantial increase in employment opportunities compared to new housing permits, will naturally be hot spots. It is a classic case of demand exceeds supplywhich can raise prices and create competition among buyers. Demography: Both baby boomers and millennials are active players in the housing space, and by 2025, 42 of the 50 largest markets are expected to experience an increase in homeownership. Austin, Orlando and Jacksonville are especially expected to experience a major boom in the sales market. However, places like Birmingham, Hartford and Oklahoma City are expected to see a drop in the number of homeowners. This demographic shift suggests that there are many potential buyers eager to enter the real estate market. Home value growth While many markets are expected to have positive appreciation, some have very slow growth. Indianapolis, for example, is expected to see its home appreciation grow from 2.8% last year to 3.4% in 2025. In other cities like Buffalo, appreciation is expected to fall from 5.8% in 2024 to 2.8% in 2025. It’s worth noting that even the best-performing markets can look tame in terms of numbers, compared to the huge price growth we saw in 2021 and 2022. The biggest jumpers and droppers It’s not just about the top 10; it’s about movement within the ranks. Virginia Beach made the biggest jump, rising 23 spots from last year’s list. This jump is mainly due to a significant increase in employment growth that far exceeds the number of new homes being built. On the other hand, Memphis experienced the biggest drop, falling 30 points as new home construction has outpaced low job growth in the area. This tells a very simple but important story: a healthy housing market needs to have a balanced mix of job opportunities and housing supply. Cooling markets to take into account While many areas are warming up, there are some markets that are expected to cool down. cities like New Orleans, San Francisco, San Jose, Portland and Austin They are expected to have weak demographic and labor market pressures, stagnant or falling home values, and are expected to see slow growth. In fact, even places like New Orleans are expected to experience a decline in home values! It just goes to show that not all markets follow the same trend and that there is much more to this equation. What this means to you Whether you are an experienced investor or a first-time home buyer, this information is important. Here’s what you should keep in mind: For buyers: If you’re targeting one of these hot markets, prepare for competition. You may want to get pre-approved for a loan and consider working with an experienced agent who understands the dynamics of the local market. Be prepared for a potentially expedited process and be prepared to act quickly. For sellers: If you own a property in one of these high-demand areas, it’s probably a good time to sell it. However, don’t be too greedy and work with a good real estate agent who can help you value your property correctly and get you the right offers. For investors: Understanding these trends can guide your investment decisions. These markets are worth exploring. Personally, I think it’s likely that places like Buffalo, despite the slowing rate of appreciation, will still offer promising returns, especially if they are able to continue retaining and attracting talent and expanding their labor markets. The numbers behind the predictions Zillow uses a

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6 smart ways to get organized for the new year 6 smart ways to get organized for the new year

6 smart ways to get organized for the new year

Last updated on January 7, 2025 You don't have to wait for spring to get organized. Instead, why not resolve to say “see you later” to the growing collection of rarely used items in the most used areas of your home, like your bedroom closet, bathroom, and kitchen? Here are some simple solutions that will help us all reclaim much-needed personal space in the most popular rooms in your home. Storage solutions in dressers Flip the script and stack clothes vertically instead of horizontally. This space-saving trick allows for extra storage and helps you see what you have in your drawers without having to search. closet cleaning When it comes to cleaning out your bedroom closet, be tough. Donate any clothing that no longer fits, is out of style, or hasn't been worn in a year. Need help determining the latter? Try the coat rack trick. Here's how it works: Reverse all the clothes hanging in your closet so that the open end of each hanger faces you. Every time you wear an item of clothing, hang it in the closet in the opposite direction, with the opening facing away from you. After three to six months, you'll be surprised to see exactly which clothes you haven't touched. Don't want to donate? If you want to make some extra money, consider selling your clothes at a garage sale, street consignment sale, or through an online business like Posh brand. Purge your dresser Keeping a bathroom tidy can seem like a losing battle. A bottle of dry shampoo here, a capful of toothpaste there and the room can quickly feel cluttered. Whether you're a product junkie like me or a minimalist, the key to keeping a bathroom tidy is to adopt the mantra: lose it if you don't use it. Take inventory of everything under your sink and in your cabinets. Throw away bottles of half-used lotion, scrub, makeup, and hair products that you haven't used recently. If you purchase items in bulk from a retailer like Costco or BJ's, gather all duplicates and place them in a clearly labeled storage box elsewhere in your home. Many medications should not be exposed to moisture. Read your prescription labels carefully and replace any medications that are sensitive to moisture. Clean your kitchen counters When it comes to what's on the kitchen counter, unless it's Thanksgiving dinner, less is definitely more. An easy first step toward a tidy kitchen is to take care of the dishes. Put all your dirty dishes in the dishwasher or wash them in the sink as soon as possible after using them. Practice putting clean dishes away immediately after washing them to keep the dishwasher empty for dirty dishes. Next, take a close look at the small appliances that really belong on your countertops. Think of a coffee maker, toaster, and blender. Chances are you consume more cups of coffee a day than bagels and smoothies, so consider moving your toaster and blender to a lower cabinet in your kitchen. A word to the wise: don't try to do it all in one day. Set aside time: 15 minutes a night or several hours on the weekend. This way, you won't feel overwhelmed when sorting through your unwanted and unnecessary belongings. Junk drawer, no more! A “junk” drawer is an essential space in every home, but sometimes it is even necessary to clean these spaces. Take inventory of everything in your drawer and use dividers or clear plastic containers to keep everything under control. Pantry Organization Now that everyone is done digging through the pantry after the holidays, it's time to give this space a refresh. Take the time to sort similar items into attractive containers, place baking ingredients in large clear containers, add canned food storage, and leave room for miscellaneous items to make the most of your space. Ready for even more storage solutions? Verify Brilliant ways to put away your kids' mess. ________________________ Allen Tate is the largest real estate company in the Carolinas with more than 70 offices and 1,800 real estate agents in the Charlotte, Triad, Triangle, High Country, Upstate SC, Highlands/Cashiers and Asheville/Mountain regions. Allen Tate is a partner at Howard Hanna Real Estate, the largest private real estate brokerage in the U.S., with 500 real estate, mortgage, insurance, title and escrow services offices and 15,000 sales associates and staff. in 13 states. For more information, visit www.allentate.com and www.howardhanna.com. Visited 2 times, 1 visit(s) today

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Prepare to buy a home in 2025 Prepare to buy a home in 2025

Prepare to buy a home in 2025

Prepare to buy a home in 2025 If buying a home is on your goal sheet this year, here's how to make it happen. Focus on improving your credit, planning your down payment, getting pre-approved, and prioritizing your wish list. But first, let's go connect so you have expert advice every step of the way. Don't forget to check out our latest market reports! I'm Joe Peters, a real estate agent with over twenty years of experience at Coldwell Banker Residential Brokerage. I work with people who want to buy or sell a home (or both) in Hunterdon or Somerset County, New Jersey. Clients rely on me for detailed market and neighborhood information and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.

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More than two thirds of Americans have at least 50 percent More than two-thirds of Americans have at least 50 percent equity

More than two-thirds of Americans have at least 50 percent equity

More than two-thirds of Americans have at least 50 percent equity More than 2/3 of homeowners have paid off their mortgage or have at least 50% equity in their home. And here's what this really means for you. If you're a homeowner wondering if it makes sense to move right now, you should know that you could have enough equity to buy your next home outright—without a mortgage or worrying about current rates. If you also want to know if you have enough equity to buy your next home with cash, connect to explore your options today. Don't forget to check out our latest market reports! I'm Joe Peters, a real estate agent with over twenty years of experience at Coldwell Banker Residential Brokerage. I work with people who want to buy or sell a home (or both) in Hunterdon or Somerset County, New Jersey. Clients rely on me for detailed market and neighborhood information and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.

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The best paint colors to sell your house quickly in.webp The best paint colors to sell your house quickly in 2025

The best paint colors to sell your house quickly in 2025

Preparing your home to sell quickly includes updating your spaces with paint colors that will appeal to most buyers. While gray walls have been around for almost a decade, the tide is turning toward warm neutrals like soft white, cream, and even beige. Are you putting your home on the market soon or are you just ready for a color change? Here are our favorite and hard-working paint colors. sea ​​pearl Don't leave all the gray paint colors behind just yet! It's the cool gray paint colors that seriously worry buyers, not the more balanced, warmer grays like Benjamin Moore Seapearl. white ballet Beige colors are still in fashion and are especially practical for updating homes with more dated fixtures. Benjamin Moore's Ballet White is a neutral pale beige. Edgecomb Gray Benjamin Moore Edgecomb Gray is a classic warm gray that will never go out of style. white oyster Image via: willow houses Sherwin Williams Oyster White is a fantastic color to use indoors and outdoors. This color is a shade darker than off-white, which warms the outside nicely and provides a clean, welcoming backdrop inside. White Dove by Benjamin Moore White walls have been around for a couple of years, but instead of a stark white that can instantly cool you down, opt for a soft off-white like White Dove. White Dove also works great with many of the popular quartz shades and would look great on cabinets. pale oak Once an overlooked color now coming to the fore as homeowners tire of cold gray walls, Pale Oak is a warm middle ground. Warmer than gray but cooler than beige, Pale Oak is actually a taupe color that works great to soften a space. Manchester tan Many of us have kitchens that were built during the brown trend, leaving us stumped on how to update them without going over budget. Enter Manchester Tan. Technically speaking, Manchester Tan is a beige that has very neutral undertones and pairs very well with many of the dark brown granites still found in kitchens today. Healthy Navy Give your home office a dramatic facelift when you opt for an ultra-saturated shade like Hale Navy. With more homeowners looking for a dedicated workspace, give your home office a little extra love by refreshing the space with a bold hue. Hale Navy is a very deep navy blue with charcoal undertones, making it the perfect paint color for an office. tate olive Green is in fashion this year and adorns offices, kitchens and even outdoors. We like Benjamin Moore's Tate Olive for its nice muted green midway through. Keep reading: Paint color trends for 2025. ________________________________ Allen Tate is the largest real estate company in the Carolinas with more than 70 offices and 1,800 real estate agents in the Charlotte, Triad, Triangle, High Country, Upstate SC, Highlands/Cashiers and Asheville/Mountain regions. Allen Tate is a partner at Howard Hanna Real Estate, the largest private real estate brokerage in the U.S., with 500 real estate, mortgage, insurance, title and escrow services offices and 15,000 sales associates and staff. in 13 states. For more information, visit www.allentate.com and www.howardhanna.com. Visited 3,763 times, 158 visits today

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Why this winter is the best time to sell Why this winter is the best time to sell

Why this winter is the best time to sell

Why this winter is the best time to sell Are you thinking about selling your house? History shows that winter may be your sweet spot. With serious buyers still looking and generally fewer homes for sale than other times of the year, your home could really stand out. If you would like to list your home and take advantage of these benefits, let's connect to explore your options today. Don't forget to check out our latest market reports! I'm Joe Peters, a real estate agent with over twenty years of experience at Coldwell Banker Residential Brokerage. I work with people who want to buy or sell a home (or both) in Hunterdon or Somerset County, New Jersey. Clients rely on me for detailed market and neighborhood information and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.

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Creating solid designs with natural stone Creating solid designs with natural stone

Creating solid designs with natural stone

Natural stone transcends temporary trends to offer timeless elegance and durability in interior design. YesStrong, impressive and timeless interiors come from the materials you include in your design. Although there is an endless selection of fashion options available, incorporating nature through the use of natural stone can help you keep your design timeless and attractive, regardless of how trends change. Due to its longevity, natural stone is a cost-effective material and a big selling point. Whether you use it in your investment properties, new construction or renovations, natural stone creates beautiful interiors that will captivate all your potential clients. Gone are the days when natural stone was only used in fireplaces. Today, natural stone is used in virtually every aspect of design. From shower walls to kitchen backsplashes, interior flooring and even accent walls, natural stone makes a strong statement. Try using natural stone as an accent wall on the bed wall in the master bedroom, or add it to the kitchen backsplash for a more rustic/ranch feel. Adding it to the bar wall is a very popular application because it protects the wall from people kicking and smearing the paint while sitting at the bar. For a quick fireplace makeover, try using stone stringer sheets to give any fireplace a quick facelift with a more modern look. The stone-human connection Stonework has been linked to humans since the time of prehistoric people who lived in caves. Its telluric character is understood as our connection with the land. From the Egyptian pyramids to Greek temples and other ancient stone monuments around the world, there is no denying that humans have an unspoken connection with natural stone. Because of this connection, using natural stone indoors connects the earth to humans, creating intrigue and adding familiarity. Timelessness and beauty Trendy materials on the market may cost less than natural stone, but they can quickly start to look old and dated. Natural stone, however, will maintain its value longer, if not forever, because it adds timeless beauty to any design. Since no natural stone is the same, it adds interest and elegance. Gives any design a bold, personalized feel, adding sophistication to the home. In a competitive real estate market, a high-quality material like natural stone can set your property apart from others. Variations Natural stone comes in all shapes and sizes. Examples include travertine, sandstone, bluestone, limestone, onyx, and basalt. The color also varies greatly from one stone to another, which increases its beauty, but you will have to pay special attention when selecting each piece. Natural stone slabs, such as marble or granite, should be placed side by side during selection to ensure colors match. When using natural stone in a fireplace design, you may need to hand-select each stone one at a time to ensure the masonry looks cohesive and to control color selection. It is also important to be aware of the condition of each stone. Because natural stone is extracted from the earth by forceful measures, some stones may be damaged. Durability The durability of natural stone should be one of its strong points when incorporating it into your next design. Natural stone is easy to maintain and most can be cleaned quickly with just a damp cloth or sponge. Although natural stones are usually stain resistant, please confirm this before purchasing. Stones like marble are more porous and will stain over time. Sealers are available to protect natural stone from stains and highlight the rich vibrant color and natural beauty of the stone. Cleaning the stone with water will help you decide if the stone will give you a better color with a more wet appearance before applying a permanent sealer. Environmentally friendly Being an environmentally friendly material, natural stone can even help control allergies by reducing allergens in the air. Being a natural material, natural stone is non-toxic and biodegradable. Natural stone will even recycle heat from the sun, helping to reduce energy costs depending on how much stone you use in the home and whether it is located in an area that receives morning or afternoon sun. Application Considerations Selecting and working with natural stone can be difficult if certain steps are not followed during the design process. You must carefully consider how the stone will be assembled and applied, again because its characteristics will vary thanks to Mother Nature. Meticulously placing each piece of stone before placing it in the mortar ensures that your design will be to your liking before it is permanently set. Doing this advanced work will not only allow you to see what the shape will look like, but also work with the color variations of each stone. For example, natural stone from a quarry in the Rocky Mountains of Montana comes in different shades of gray, rust, and brown. These full size stone veneers are a great example of how many color variations natural stone can have within a project. Taking the extra step to lay out the design stone by stone beforehand prevents the project from becoming too gray or brown in one place, which would detract from the beauty of the design. Obtaining and selecting your stone Finding natural stone today has become much easier. Almost any landscape garden will have a good selection of stones to choose from. Large hardware stores now offer a significant selection of natural stone, due to its popularity in the design world. However, before you go shopping, find out which stone is best suited for your project. As with any material used in design, certain natural stones define certain design styles. For example, a travertine stone is best suited for a Tuscan style design, and limestone will always make a great statement in a ranch style home design. These basic design concepts apply whether you use natural stone inside or outside the home. A solid choice Incorporating natural stone into home design offers both aesthetic and practical benefits, making it a timeless choice for homeowners. Its durability ensures longevity and

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Investors are not buying all the houses Investors are not buying all the houses

Investors are not buying all the houses

Investors are not buying all the houses There is a misconception that big investors, like Wall Street, are buying up all the homes. But it’s simply not true. The data shows that the proportion of homes bought by investors is actually declining. And most of them are not even big investors, they are people like their neighbors who own second homes. So don’t believe everything you hear about the real estate market. come on connect to explore your options today.

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