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South Florida Fair organizes first home improvement show

From impact windows to home fitness equipment, the South Florida Fair’s Home Improvement & More Show is set to offer a one-stop shopping experience for residents looking to make at-home enhancements.

With over 60 vendors in attendance, the free event is set for Friday, Oct. 23 through Sunday, Oct. 25 at the Expo Center at the South Florida Fairgrounds, 9067 Southern Blvd., in West Palm Beach. Hours are from 10 a.m. to 5 p.m. Friday and Saturday and 10 a.m. to 4 p.m. Sunday.

Representing an array of home improvement areas, the vendors include kitchen, bath, water filtration, patios, doors, landscape, security, remolding, hot tubs, roofing, gazebos, household items, art, jewelry, window treatment, decks, patios, screening, tree services, flooring and automotive.

After experiencing a couple of bumps in the road due to COVID-19, South Florida Fair and Palm Beach County Expositions President and CEO Vicki Chouris and corporate sales manager Tim Pachis overcame obstacles to put together the event.

“We had on our books a home show that is done by someone professionally all the time at different locations,” Chouris said. “They decided they were having some challenges early on with getting enough vendors… So, they canceled on us. We said, ‘We could go ahead and try to do this ourselves’ and that’s exactly what we did.

“Tim [Pachis] just started reaching out to different businesses that have the offerings for home improvement shows and got a positive response,” Chouris said. “People were anxious to participate. The vendors wanting to get out there and showcase their products.”

Guests are required to wear a mask for entry and will be asked to social distance. Spaced out walkways and hand sanitation stations will also be available.

Managing to put the event together within eight weeks, some of the event sponsors include Bath

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5 Times a Home Equity Loan Makes Sense

If you owe less on your home than it’s worth, you have equity. With a home equity loan, you borrow against that equity and pay the loan back in equal monthly installments for a preset number of years (typically, five to 30 years). The amount you can borrow is usually capped at 80% to 85% of available equity. For example, if your home is worth $300,000 and you owe $200,000, you have $100,000 in equity. That means you may be eligible to borrow $80,000 to $85,000 in a home equity loan.

When you take out a home equity loan, your home acts as collateral, meaning a lender can repossess your house if you fail to make payments. Home equity loans can be useful, but it is crucial to consider whether you can afford one before moving forward.

Also consider how you intend to use the home equity loan. Here are five times taking out a home equity loan makes sense.

1. You can recoup the majority of what you spend

If you take out a home equity loan to pay for a home renovation, it’s essential to understand that some upgrades are strictly for your pleasure. For example, high-end light fixtures, a house full of carpeting, or a swimming pool can add a spring to your step, but are unlikely to add much value to your property when it’s time to sell. In the case of a swimming pool, it can make your property harder to sell, particularly to buyers worried about liability or who don’t want the upkeep.

When a home equity loan is used to pay for upgrades that increase your property’s value, the loan can make sense. A minor kitchen remodel costs, on average, more than $23,000, but you’ll recoup about 78% of what you spend when

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Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%, according to Royal LePage | Nachricht

Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019

  • Delayed spring market extends through Q3 as pent up demand fuels prices and sales
  • 97% of regions surveyed post price appreciation in third quarter despite economic shock of COVID-19
  • Ontario and Quebec real estate markets dominate list of highest appreciating regions, with Windsor in the top spot at 17.0%

TORONTO, Oct. 14, 2020 /CNW/ – According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate1 price of a home in Canada increased 8.6 per cent year-over-year to $692,964 in the third quarter, as high demand and low inventory continued to fuel a seller’s market.

The Royal LePage National House Price Composite is compiled from proprietary property data in 64 of the nation’s largest real estate markets. When broken out by housing type, the median price of a standard two-storey home rose 10.0 per cent year-over-year to $819,906, while the median price of a bungalow increased 7.0 per cent to $570,701. The median price of a condominium increased 5.3 per cent year-over-year to $510,365. Price data, which includes both resale and new build, is provided by Royal LePage’s sister company RPS Real Property Solutions, a leading Canadian real estate valuation company.

“Typical consumption patterns have been disrupted in 2020 as the pandemic has driven the household savings rate to levels not seen in decades,” said Phil Soper, president and CEO of Royal LePage. “Most Canadians have sharply reduced spending on discretionary goods and services involving a great deal of human interaction, and with mortgage rates at record lows, many have refocused on housing investments, be it renovations to accommodate work-from-home needs, a recreational property or a new

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Home closings increase in 2020 along coastal SC counties despite COVID pandemic | Myrtle Beach Business

Myrtle Beach Realtor Travis Muir put a condo up for sale in September at Blue Water Resort on Ocean Boulevard and within an hour, it was sold.

Not an every day occurrence, the realtor for The Hoffman Group admits. But, after all, it’s 2020 and anything can happen.

“The biggest thing is pricing it within realistic market price,” Muir said, adding 2020 has been his best year for sales, pushing nearly triple what he normally does.

“With this one being an investment property, the price point for the rate of return… I think one of the biggest things, too, is the interest rates are lower than they have been in a very long time. That gives people more incentive to go ahead and make that jump. They were thinking of buying in a two- or three-year window, but now with the interest rates so low, people are moving faster.”

Closed sales of single family homes and condos have increased along the southeastern coast of South Carolina, and real estate agents are pointing to low interest rates and the COVID-19 pandemic expediting retirement plans as the reason for the increase.

It has also caused a tight market for available single-family homes and condos, leading one real estate expert to call it the tightest market she’s seen in a decade.

The Coastal Carolinas Association of Realtors released a report that showed a gradual increase of closings from June to August.

Closed sales for single-family homes and condos rose from May to June by 6.7 percent, then by 22 percent from June to July and finally by 11.9 percent from July to August. 

The median sales price for single family homes dipped slightly in June to $242,995, and gradually grew to $260,000 in August. Condos increased from $145,000 in June to $161,500 in

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