Many real estate agents consider an open house a vital part of the home-selling process. An open house allows several prospective buyers to see a home in a single day. In some cases, the sellers receive one or more offers soon after an open house and are able to close the deal in a relatively short period of time.
More Homeowners Renovating Instead of Moving Up. More homeowners are staying in their homes longer than ever before, locked into historically low mortgage rates and choosing not to move up to another home despite rising equity in their current home.
While remodeling your home can make it more convenient and comfortable for your family, some renovations can also increase the value of your house. Remodeling the bathroom can be a good investment, provided you make some smart decisions.