Should you charge rent to adult children in the household?

Charging rent can help offset added household expenses and encourage personal responsibility, but can also make it more difficult for them to save up enough money to move out.

Tamper-resistant electrical receptacles provide built-in childproofing

Tamper-resistant electrical receptacles have become a more permanent and standardized method of childproofing. The National Fire Protection Association says this device has been required starting with the 2008 edition of the National Electrical...

Repairing pet damage to the lawn

Lawn spots, holes, or wear and tear caused by Fido can sometimes be fairly easy to repair, while others will require more of an overhaul. Any fixes should also be made in tandem with efforts to improve your dog's behavior.

Freddie Mac survey highlights affordability challenges of renters and homeowners

More than eight out of 10 tenants see renting a residence as a more affordable option than homeownership, according to a recent survey by Freddie Mac. However, the report also found that renters were more likely to spend a greater share of their...

What buyers want often doesn't align with homes available on market

The price point set by buyers shopping for a home often falls well below the median price in a market, according to a recent analysis by Realtor.com.

Earnings concern Gen Z homebuyers more than down payment

The youngest group of potential homebuyers is diverse, eager to buy a home, and more likely to be concerned about affording regular mortgage payments than saving up for a down payment, according to a recent survey by Homes.com.

Pending home sales up 1.1 percent in May

Pending sales of homes in the United States rebounded in May after a 1.5 percent drop in April, according to the National Association of Realtors. However, pending transactions were once again below last year's levels.

Property transactions July 10 2019

The following property transactions in southeastern Connecticut were recorded on July 10, 2019.

Safety, sawdust, and other home workshop considerations

If you're just getting started with a home workshop, you'll want to make sure you have ample room for your materials. Given that you'll be working with potentially dangerous tools, you should also ensure that the workshop is as safe as possible.

Credit reporting incentivizes on-time rent payments, credit bureau finds

A recent survey by the credit bureau TransUnion suggests that there may be an easy way to encourage more on-time payments: having such payments count toward a tenant's credit score.

Existing home sales up 2.5 percent in May

The pace of existing home sales rose for the first time in two months in May, according to the National Association of Realtors. However, the sales rate was still down on an annual basis for the 15th consecutive month.

Deciding whether to refinance your mortgage

When you take out a mortgage to buy a home, you won't necessarily have to stick with the same terms for the life of the loan. Refinancing the mortgage can help make it more affordable or save you a considerable amount of money.

Survey: HVAC, plumbing most likely to send renovation budgets over the limit

A majority of people who bought a home in need of repairs said they were hoping to save money, and more than half said the needed work came in on budget. However, the cost of these renovations often made the home about as expensive as a move-in...

Historic opportunities in real estate: Part 1

It's often said, "What's past is prologue." In real estate, the past can indeed determine the future, when buyers choose to restore or preserve a historic property.

Property Transactions July 5, 2019

Property Transactions July 5, 2019

Tricks to make your ceilings seem higher

Elevating the height of the ceilings won't be an option unless you want to do a major overhaul of your home. However, you can make use of optical illusions and other tricks to help make the ceilings seem higher than they really are.

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Homesource

Southeastern Connecticut's guide to homes and home ownership. Buying, selling, landscaping, renovating, organizing, and more! Published: Every Friday

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