Understanding that the market is continuing to move in uncertain ways, those entering into the real estate world are prioritizing purchasing property today that they believe will meet their needs now and long into the future, otherwise known as ‘forever homes.’ When the real estate market was less volatile, there were opportunities where homes could be seen as short-term investment opportunities, with a chance to flip as a market peaked. Now, families are instead searching out these forever homes and committing to them, understanding that any change they’d likely need to make would be minor and thus cheaper than finding a new home altogether. For example, many families will update their home cosmetically, sometimes through an interior design choice that’s easy to pull off and affordable, such as fresh coats of paint in the bedrooms. Other times, families will make some exterior updates, such as extending an outdoor patio space to provide more room for entertaining guests. Regardless of the change, it’s important to make updates to a home that a family plans on living in for a long time. Keeping things fresh in the home has been known to do wonders for a family. Interested in learning more about the ways your family can keep its forever home fresh? Check out the resource embedded alongside this post for more information on forever home improvement projects.
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