Every one of us is affected in some way by the housing industry. It has been almost five years of declines, gloom, and doom. We are thrilled by the recent real estate trends. Fox5 just reported that metro Atlanta home prices are finally rebounding and in some cases, buyers find themselves competing for homes. A newly-released Case-Shiller Index report finds home prices in our region up by over 19 percent from a year ago.
Great news, right? As small business owners and employees very influenced by the rise and fall of the housing industry, we say yes, yes, yes! Rising home values mean homeowners feel comfortable spending money on their homes, and spending money helps the home improvement companies, which in turn enables these businesses to hire additional staff, which reduces unemployment, and down the line it goes. So dear readers please keep spending money on your home!
"In the first year my husband and I lived in our house, we spent almost $20,000 on home improvements. When we set that money aside at the beginning of the year, we dreamed about granite counters and steam showers; what we ended up with was a new furnace, new gutters, a drainage system to keep the basement dry, new landscaping and lots of new paint. At the end of that year as I wiped down my tacky Formica countertops and bathed in my 1950s seafoam green tub, I wondered if we had spent that money wisely. If we had put our house up for sale, would potential buyers have really cared about the dry basement and reliable furnace?
After talking to a slew of realtors, contractors and architects, the consensus was yes. "If the roof is leaking, buyers won't get beyond that," says Ron Phipps with Phipps Realty in Warwick, R.I. "I don't care how awesome the kitchen is."
"Buyers want to take the basic systems for granted," says Sal Alfano, Remodeling Magazine's editorial director. "They assume the roof doesn't leak and the air conditioning and plumbing work. Maintenance can chew up a lot of cash quickly, and people are afraid of that."
~~roof and vents
~~caulking, interior and exterior
~~flooring---cleaning, sealing, repairs
~~doors, windows, and screens
~~fireplaces and chimneys
~~staircases and handrails
~~electrical systems and breaker boxes, outlets
~~fans, ceiling fans
~~air conditioning, furnace
~~air filters, ducts
~~caulking---toilet bases, tubs and showers
~~hot water heaters
I Was FLOORED by Enhance
We love it when we receive unsolicited testimonials from our clients. Mary Alice is a long time customer who writes: