October 7, 2022

mariandumitru

Elegant home interior

Realtors report shows costs and benefits of home remodeling projects

Repainting the interior was among remodeling projects getting a perfect "Joy Score" of 10, according to the 2022 Remodeling Impact Report by the National Association of Realtors and the National Association of the Remodeling Industry.

EDMOND — Have you at any time read of refinancer’s remorse, or household remodeler’s remorse?

Me both.

Buyer’s regret is genuine, and it is really absolutely hitting property buyers caught up in numerous-bidding circumstances who wound up spending much more for a home than sellers even asked for.

Probably not, but probably so, with excitement about housing bubbles starting up to buzz once again. A popped bubble in a area current market, which is the only type of housing marketplace, does do injury to prevailing sector charges, by definition.

We will see what destruction out-of-point out investors do here if they figure out they have overplayed this regional sector, and overpaid, and make your mind up to lower their losses.

Refinancer’s remorse? My wife and I just did a dollars-out refi, and I’ve had a twinge or two: Oh, Lord, What we finished to our equity?!