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☆ Buying a house of ‘Home Alone’ or John Lennon fame? There's a premium for that
▼ + stars: | 2024-06-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

However, that premium is hard to quantify since some uber-wealthy buyers will pay almost anything to own a piece of pop culture, according to real estate experts. "It's like owning a Picasso" or a Fabergé egg, said Tomer Fridman, a real estate agent based in Los Angeles who specializes in luxury and celebrity homes. An offer is pending on that home and was made within a week of being on the market, said Andrea Gillespie, a spokesperson for Coldwell Banker Real Estate. Infamy sells, tooInfamy can also fetch a higher price, said Arto Poladian, a Redfin luxury real estate agent in Los Angeles. Tomer Fridman luxury real estate agentSometimes, even being in the vicinity of a famous residence can help, he added.

Persons: Erin Hooley, Tomer Fridman, Fridman, Marilyn Monroe, Sylvester Stallone, Kylie Jenner, Travis Scott, Amanda Pendleton, Carlos Avila Gonzalez, Andrea Gillespie, John Lennon, Yoko Ono's, it's, —, Philip Norman, Bob Saget, John Stamos, Arto Poladian, Poladian, Charles Manson's, Leno, Rosemary LaBianca, There's, Pendleton, Brady Organizations: Chicago Tribune, Tribune, Service, Getty, San Francisco, Coldwell Banker, New York Times, Buyers Locations: Los Angeles, Chicago, loos, City , California

☆ Adding features, such as an outdoor TV or pizza oven, can help sell your home for over $10,000 more, research finds
▼ + stars: | 2024-03-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

If your home boasts certain trendy outdoor features, you may be able to sell it for more in today's market. These sets have weatherproofing features to help them withstand exposure to precipitation and extreme temperatures, and can cost significantly more than standard indoor sets. Other backyard features that may push sale prices higher include having an outdoor shower, which may help push sales up 2.6%; a bluestone patio, which is tied to a 2.3% increase; she shed, 2%; pizza oven, 1.9%; and outdoor kitchen, 1.7%. The results come from Zillow's analysis of sale premiums for 359 features across one million home sales for 2023. "This year was really all about the backyard features," said Zillow home trends expert Amanda Pendleton.

Persons: Amanda Pendleton

☆ What a $418 million settlement on home-sale commissions may mean for you
▼ + stars: | 2024-03-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

As proposed, the settlement would have the NAR completely remove commissions from its MLS system by July. watch nowIn the meantime, it's "business as usual" for buyers and sellers, Cobreiro said. What the settlement could mean for homebuyersThe settlement agreement doesn't say that the buyer's agent will not be paid nor that the buyer's agent cannot charge fees. While commission fees are negotiable between involved parties, knowing what cards you have on the table as a homebuyer will be more important now than before. As a result of the settlement, the seller will no longer be responsible for commission fees for a buyer's agent.

Persons: Cobreiro, Cobriero, Amanda Pendleton Organizations: MLS, Zillow, Federal Reserve

☆ The best time to sell your home — in 2023, listings in this period sold for $7,700 more, research finds
▼ + stars: | 2024-03-18 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Spring, the season when home buying and selling activity kicks off, is around the corner. Available housing supply is already rebounding: The number of new listings jumped 14.8% from a year ago, the largest annual gain since May 2021, according to new data from Redfin, a real estate site. Buyers are typically looking to land a new home before their children's new school year while a seller's house benefits from the fresh flowers and renewed greenery post-winter. In 2023, homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home, according to a new Zillow analysis. "We've learned that real estate cycles don't always happen [at this] time of year," said Melissa Cohn, regional vice president at William Raveis Mortgage.

Persons: Amanda Pendleton, We've, Melissa Cohn Organizations: Zillow, Finance, William, Mortgage Locations: Redfin, U.S

☆ Looking to sell your home? Here are 4 cheap or free things you can do boost its value and get a higher price, according to Zillow.
▼ + stars: | 2024-03-15 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

But there are still a few small things to consider before selling that could help you bump up your house's value even further. 4 things to boost your home's valueFirst, Pendleton said adding a fresh coat of interior paint can add value to your home. Dark gray outperformed white in every single room that we tested," Pendleton said. "So it is a really good option, even in the bedroom and the bathroom, if you feel like, 'Oh, dark gray is way too much for my kitchen.' She added: "I'm telling you, dark gray covers a lot of imperfections, and it feels modern.

Persons: You've, you've, it's, Amanda Pendleton, Pendleton, Zillow, Soapstone countertops, I'm Organizations: Business Locations: Zillow's, soapstone

☆ The trendiest thing that adds value to your home – and livens up your summer BBQ: a pizza oven
▼ + stars: | 2023-05-06 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Pizza ovens tend to add more value to a home than they cost, with pricier models reaching $11,000. According to the report , having a pizza oven in your listing description can score you extra dough at selling time. Courtesy of the WatanabesThe desire for pizza, and pizza ovens at home, is only growing. Why pizza oven popularity is panning outKristi Jenkins, a Seattle-area broker for The Agency, showed her clients a $3.4 million home in Fall City, Washington — a 30-minute drive east of Seattle — with a large outdoor living space equipped with a Forno Bravo pizza oven. Douglas Elliman RealtyBianculli's pizza oven is a part of his kitchen and is connected to one of six fireplaces in the house.

☆ These features may 'set you ahead of the competition' when selling your home, research finds
▼ + stars: | 2023-04-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

Certain luxury features may help sell your home for more money or faster than expected, according to new research from Zillow. "If you have these features in your home already, you should definitely flaunt them in your listing description," said Amanda Pendleton, Zillow's home trends expert. "That is going to set you ahead of the competition." The real estate website evaluated 271 design terms and features included in almost 2 million home sales in 2022. Doorbell cameras topped that list, helping to sell homes 5.1 days faster.

☆ When Is The Best Time to Buy a House?
▼ + stars: | 2023-04-03 | by ( ) www.wsj.com time to read: +8 min

By Michele LernerAs with much else in real estate, the best time of year to buy a house depends on location, market conditions—and you. “But the best time of year to buy a house depends a lot on the type of buyer.”The spring housing marketTraditionally the housing market’s most active season, spring can be the “best” time of year to buy or the “worst” time of year to buy, depending on your perspective. Best time to buy for: Buyers who hope to move before the holidays or at least before the end of the year. Best time to buy for: Buyers and investors looking for a better deal. “Sometimes it’s the right time to buy a house when you’ve found ‘the one’ that feels right for your family and your circumstances,” Bloch says.

☆ 84% of recent first-time home sellers have regrets. Here are 4 mistakes to avoid
▼ + stars: | 2023-03-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Brandon Bell | Getty Imageswatch now"Even in a really strong seller's market, people still have regrets," said Amanda Pendleton, Zillow home trends expert. Here are four regrets from recent sellers that homeowners ought to be aware of before listing their homes this spring. "If you price it competitively, you're going to be able to sell it a lot quicker," Jenkin said. Homes that get more saves and views on Zillow have virtual, three-dimensional home tours and interactive floor plans, Pendleton said. Bad timingA quarter of recent sellers felt they got their timing wrong, Zillow found.

☆ 'Zoom rooms' and hideaway offices show how remote work is changing the way we design new homes
▼ + stars: | 2023-03-11 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +7 min

Family homes with two offices and "Zoom rooms" with camera-ready lighting are popular. The real-estate site Zillow told Insider offices were mentioned in 11.5%% of all listings in February 2023, up 4.5% from February 2022. Amanda Pendleton, Zillow's home-trends expert, told Insider a home office was no longer a "nice-to-have luxury." "When people don't have enough space or cash for two full-sized offices, they're replacing rooms," Hester said. She told Insider Veev's homes had LED strips around the edge of the ceiling to make even lighting that works well on camera.

☆ Santa's 25-acre North Pole home is now worth over $1 million — and it has hot cocoa on tap, according to Zillow
▼ + stars: | 2022-12-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Santa's fictional cabin is once again available for viewing on real estate site Zillow. The 25-acre property was valued at $650,000 in 2016 and is worth an estimated $1.1 million in 2022. Santa's house is one of Zillow's most viewed homes, according to the company. According to the off-market listing, Santa's home is a three-bedroom, two-bathroom cabin built in 1822 and "steeped in Old World charm." Santa's helpers have their own living quarters in "Elf Village," according to Zillow.

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