Many workers want to continue to work from home, even when the pandemic is over. A new survey from JLL of 2,000 employees globally found that 72% want to be able to work from home more during the workweek, up considerably from 34% before the pandemic. Sixty-six percent are in favor of a hybrid model that mixes in office, home, and a co-working facility.
The idea of a 3-2-2 model is gaining popularity with workers. LinkedIn’s year-end roundup of 2020’s workplace trends called it a one to watch in the new year. The model would allow employees to work three days in the office, two days remotely, and two days off.
As more of the country breathes a sigh of relief as temperatures rise and the countdown to spring shortens, there’s a weather-related concern that remains. Melting snow followed by a cold snap—which is on the way for many parts of the country in the coming week—may cause ice dams to develop and bring a cascade of water into homes. Even if your house hasn’t faced this problem this year or in prior years, it’s still wise to think ahead to avoid the potential mess and repair costs, which can be significant.
Design, building, and remodeling experts at Orren Pickell Building Group in the Chicago area report that the company has been contacted by a number of homeowners who faced the challenge this year due to heavy snowfall and unusually cold temperatures followed by warm days.
Home prices may be rising by double-digit percentages annually, but buying a home still may be more affordable than renting in a number of the nation’s largest cities, according to a new study from realtor.com®. Record-low mortgage rates are helping to tilt more markets in favor of buying over the past year.
Researchers analyzed the monthly cost of buying a median-priced home to the median price of renting a two- to four-bedroom unit in the 50 largest markets this January. They found that buying a home cost the same or was cheaper in 15 of the 50 largest metros, up from 13 a year ago.
Nine more metros were within 5% of leaning in favor of homebuying: Atlanta; Orlando, Fla.; Birmingham, Ala.; Phoenix; Buffalo, N.Y.; Memphis, Tenn.; Washington, D.C.; Las Vegas; and Milwaukee.
Retirees are finding neighborhoods that are free of short-term rental properties attractive as they seek quiet, peaceful areas where they can connect with their neighbors and avoid constant activity from renters. But the properties that retirees often find desirable in destination and resort areas can be prone to having short-term rentals next door.
“The vast majority of U.S. short-term rentals are in destination/resort and small town/rural locations around the country, of which many are the owner’s second homes,” Jamie Lane, vice president of research at AirDNA, an analyst firm for the short-term rental industry, told The Wall Street Journal. From the beginning of 2015 to the beginning of 2020, housing units rented on short-term sites such as Airbnb and Vrbo surged from 450,000 to 1 million, Lane notes
Short-term rental properties are becoming more common as homeowners look to supplement their incomes. Some consumers preparing for retirement target properties where they can generate revenue from short-term rentals until they are ready to move into the house. But once they are ready to occupy the property full-time, they can discover that living close to other short-term rentals is not appealing, real estate professionals say.
Real estate pro Philippa Main decided to take a brutally honest yet tongue-and-cheek approach to selling a $69,000 decrepit three-bedroom home in Zephyrhills, Fla., a suburb of Tampa Bay. The listing ad reads: “‘Here it is, literally the worst house on the street! The seller has done the hard work of cleaning up almost half-acre property (it only took 7 dumpsters!), so now is your chance to take it from here.’” Main knew there was no way to cover up the home’s condition—peeling paint, knocked out windows, crumbling chimney, stained walls, holes in the ceiling, and more. So Main decided the listing ad needed to address all the wear and tear head-on. The listing ad continues: “The roof leaks, the floor creaks, and there’s a terrible draft, but this 3 bed, 1.5 bath home is very open concept. And by that we mean the inside is open to the outside, because several of the windows are broken.” Continue…https://magazine.realtor/daily-news/2021/02/19/here-it-is-literally-the-worst-house-on-the-street
Most, Least Desirable Home Features Right Now
February 11, 2021 Melissa Dittmann Tracey
A quarter of Americans say the pandemic has changed their housing preferences, according to a newly released survey of about 3,000 recent home shoppers and buyers conducted last summer by the National Association of Home Builders. Growing demand for more square footage—particularly popular among those who work remotely—as well as home offices, touchless home entry, mudrooms, and flexible space are among the shifts in preferences.
Overall, 80% or more of survey respondents in NAHB’s 2021 What Home Buyers Really Want report indicate the following are the home features they consider most essential:
- Laundry room: 87%
- Exterior lighting: 87%
- Ceiling fan: 83%
- Energy Star-rated windows: 83%
- Patio: 82%
- Double kitchen sink (side-by-side): 81%
- Walk-in pantry: 81%
- Front porch: 81%
- Energy Star-rated appliances: 81%
- Hardwood flooring (in the living room on the main level): 81%
- Full bath on the main level: 80%
- Energy-efficient lighting: 80%
The survey also broke down desirable features by room. The five kitchen features survey respondents identified as most desirable are:
- Double sink (side-by-side)
- Walk-in pantry
- Table space for eating
- Central island
- Water filtration
The most desirable outdoor features are:
- Exterior lighting
- Front porch
- Rear porch
The most desirable accessibility features are:
- Full bath on the main level
- Doorways at least three feet wide
- Hallways at least four feet wide
- Non-slip floor surfaces
- An entrance without steps
The highest-ranked technology features buyers want:
- Programmable thermostat
- Security cameras
- Video doorbell
- Wireless home security system
- Multi-zone HVAC system
Meanwhile, home buyers also revealed features they consider to be turn-offs. Forty percent or more of survey respondents rated the following items as least desirable in a home or development complex:
- Elevator: 56%
- Glass walls: 54%
- Daycare center in the development: 50%
- Wine cellar: 48%
- Pet washing station: 47%
- Roof partially or completely covered by plants: 46%
- Golf course: 46%
- In-law suite: 42%
- Cork flooring (in the living room on the main level): 41%
- Dual toilets in primary bath: 40%