Home Fads That Are Falling Out of Style

LAS VEGAS – Some home features don’t stay popular forever. More homes are inching away from incorporating the following home features, according to recent consumer preference surveys.

1. Fireplaces: The fireplace skyrocketed in importance in homes in 1991 with 62 percent of new homes having one or more. But the number has steadily been decreasing ever since. In 2007, the number dropped to 51 percent.

2. Carpet: While 54 percent of homes still have carpet floors, the number is decreasing and hardwood floors are taking the place. Vinyl and ceramic tile flooring also are being bypassed more by buyers. Seventeen percent of new homes contain hardwood floors throughout the entire house.

3. Living room: These once-decorative centerpieces of homes are slowly vanishing from newer homes. Thirty-four percent of consumers say they’re willing to buy a home without a living room.

4. Desks in the kitchen: These desks were once looked at as great storage areas but they’re often too small and quickly become clutter spaces in a home, said Gayle Butler, editor in chief of Better Homes and Gardens. Instead, more consumers say they prefer larger desks in or near the family room—equipped with a messaging center—where they can keep an eye on their kids as they work on the computer.

5. Skylights: The little windows that allow natural light to seep into a home from above are falling out of style. Only 10 percent of new homes will include them this year, a continuing downward spiral for skylights.

6. Upscale kitchen finishes: Granite countertops are slowly becoming less desirable among buyers who are now moving toward affordable, low-maintenance laminate countertops—which tend to last longer and now come in various styles.

By Melissa Dittmann Tracey

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Last Weeks Statistics

LISTINGS Residential (Single Family & Condo)
January 12 -18, 2009 512
Last Year 775
SOLDS
January 4 – 10, 2009 147
Last Year 158

Stats

LISTINGS Residential (Single Family & Condo)
January 5-11, 2009 624
Last Year 652
SOLDS
December 28, 2008 – January 1, 2009 164
Last Year 198

New Listing~924 Clarks Lane, $179,900

clarks

MLS#: 1225568m Status: Active ListPrice: $179,900
Addr: 924 CLARKS LN LOUISVILLE, KY 40217
Area: 02-N/A County: Jefferson
Municipality: Preservation Dstrct:
Map#: O14 Sch Dist: Sub/Prj: GEORGE ROGERS CLARK
TotLivingArea: 1756 AGFinished: 1756
Basemnt: Bsmt Unfin
Parking: 21/2 CARGAR
BedRms: 4 Baths: 2 Full/Half: 2/0
Discl: Y Approx Age: 68
Style: Bungalow Stories: 1.5 Story
Open House:

  Open House Date Start Time End Time Type
1 1/11/2009 2:00 PM 4:00 PM PUB
Comment:

Dir: POPLAR LEVEL OR PRESTON TO CLARKS LANE

Awesome opportunity to own a four bedroom home in the historic Germantown area. This home is truly in excellent condition, updates include plumbing, electrical, lighting, and more. The eat-in kitchen features all new custom cherry cabinets, ceramic tile flooring, appliances, and much more. The hardwood floors and natural woodwork are something special. Large living-room with wood-burning fireplace, formal dining-room, first floor bedroom, office, and sun-porch set this property apart. The second floor bath has also been totally renovated. The large, unfinished basement could be finished or just use it for lots of storage. The 2.5 car newer garage is rare for this area. Also, the attic has extra insulation to help keep those utility bills down.

Room Type Lvl Dimnsns
LivingRm 1 14.8X18.4
MasterBedroom 1 12X12
EatInKitchn 1 12.6X11
FormalDining 1 10X15.9
FullBath 1
Office 1 11.10X9
Bedroom 2 9X12.6
Bedroom 2 8.9X12
Bedroom 2 12.8X11.3
FullBath 2
  (Fin) (UF)
AG  1756  
BG    0
NC  0  
Total  1756  0
SqftSrc: List Agent
Cnstrc:  Brick
Fencing:  Chain Link
Heat/Cool:  C/A, GAS:HT
LotDesc: 
Exterior:  Porch
Utilities:  Public Sewer, Public Water, Electric, Fuel Natural Gas
CnstrSt: MstructFl: N
Fndtn:  Poured Concrete Roof: Shingle
Amenities: 
Inc. Mntc.: 
#Rms: 8 1stFlMBR: Y #Closets Lvl One: 2 Two: 4 Three: 0 B: 0 #Fireplaces Lvl One: 1 Two: 0 Three: 0 B: 0

LotDim.: 50 X 150 LotSF: 7841 Acres: 0     HOA?: N Assume: N SldAsIs:

CondoFtr: LocInBldg: Bldg#: TotUnits: MoMaint: $ AddlStor: #FlrsBldg: #Prking:

FarmFtr: Lkes/Pnds: Pasture: Tillable: Timber:
CityTaxRt: 0.46 StCntyTax: 0.867 Deed Bk: 8681 Page#: 0293 Block: 084A Lot: 0183 Sub-Lot: 0000

Cost vs. value: curb appeal matters most

Exterior projects return the most money as a percentage of remodeling costs, according to the 2008 Remodeling Cost vs. Value Report.

On a national level, wood deck additions and all types of siding replacements returned more than 80 percent of costs upon resale. Other projects with big returns are window replacements and kitchen remodels.

“Because buyers have so much inventory to choose from today, any home for sale must make a positive first impression,” says NAR President Charles McMillan.

This is the 11th consecutive year that the report, which is produced by construction trade publishing company Hanley Wood, was completed in cooperation with REALTOR® Magazine.

To view more statistics including the Top 10 Project Paybacks, click here.

Treasury alerts REALTORS to fraud scheme

If a buyer tries to use a “personal promissory note” or “private offset bond” to buy a home, the matter might be an attempt at fraud and you should let the U.S. Treasury Department know, a notice from the Treasury’s Office of Inspector General says.

To read the notice in full, with contact information, CLICK HERE

December Statistics

Statistics

LISTINGS Residential (Single Family & Condo)
December 15 -21, 2008 416
Last Year 376
December 22 – 28, 2008 166
Last Year 233
December 29, 2008 – January 4, 2009 349
Last Year 548
SOLDS
December 7 – 13, 2008 169
Last Year 235
December 14 – 20, 2008 142
Last Year 258
December 21 – 27, 2008 99
Last Year 126