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Showing posts from August, 2018

Our Wish List Now That HGTV Has Bought The Brady Bunch House

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In a move perhaps few predicted but nearly everyone seems to love, the "Brady Bunch" house has been purchased by HGTV, who plans to restore the Studio City, CA residence "to its 1970s glory as only HGTV can." Commence giddiness. "One of our projects for HGTV will speak to those 'Brady Bunch' fans," said Discovery CEO David Zaslav during a second-quarter earnings call this week," per CNBC. Discovery Communications Inc. acquired Scripps Networks Interactive Inc., owner of HGTV, Animal Planet, TLC, and the Discovery Channel, earlier this year. "You may have heard that the house from the iconic series was recently on the market in California. I'm excited to share that HGTV is the winning bidder. More detail to come over the next few months but we'll bring all the resources to bear to tell safe, fun stories about this beloved piece of American TV history." As expected, the house received multiple offe...

Firm seeks support for affordable housing

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General Manager, West African Ceramics, Mr. Bhaskar Rao To make house affordable to average Nigerians, foremost manufacturer of tiles, grouts and adhesives, West African Ceramics Ltd has called for the support of ‘Buy Nigeria’ campaign. General Manager of the firm, Mr. Bhaskar Rao, made the call at the inauguration of two additional mega and ultramodern exclusive tile showrooms in Port Harcourt and Aba. Stressing the firm’s support for affordable housing, Rao said, the showroom is a response to government efforts in resuscitating local production through effective distribution network. The effort, he stressed is to ensure that products are available at the right time, right place, and at the right price; to cultivate and sustain the ‘Buy Nigeria’ behavior. According to him, consumers do not just buy products but the collective experiences of product quality, affordability, and reliability as well as all the functional attributes of the product.” ...

Marginal rent recovery fuels optimism in property market

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Real estate Unprecedented correction in the property market is making landlords who originally seek out corporate tenants, for their properties, to prefer individuals (single) tenants, who can afford the rents, according to newly released Ubosi and Eleh Company’s Nigeria Real Estate Report 2018. This trend is expected to continue the second half of the year. However, the overall outlook is mildly optimistic, as rents are unlikely to drop any further.But rents will remain fairly stable with the exception of strategically located properties in prime locations, particularly the ground and first floors, which will continue to attract a premium as financial institutions, service providers, telecommunication companies and myriad of retail concerns and fast foods. The 85-page report predicts an increase in demand that will continue to grow stronger as the year progresses. This outlook is predicated on economic growth as the country moves out of a recession, the higher oil prices, complem...

Would Your Neighborhood Score an ‘A’ or ‘F’?

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Would Your Neighborhood Score an ‘A’ or ‘F’? | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. Where are the best neighborhoods for buyers and investors? ATTOM Data Solutions ranked more than 10,000 neighborhood housing markets nationwide using the letter grades A through F. The real estate data firm factored in six metrics: affordability, home price appreciation, school scores, crime rates, unemployment rates, and property taxes. © VIPDesignUSA - iStock/Getty Images Plus ATTOM broke down the common housing characteristics and trends among each grade. The top five neighborhood housing markets on ATTOM’s list: Pine Ridge neighborhood in the Naples, Fla., metro area (median price: $632,871); Westlake neighborhood in Mobile, Ala. ($196,179); Union neighborhood in the San Jose, Calif., metro area ($795,000...

5 questions to ask before knocking down your home

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Property investor Anna Vountoulas was planning to renovate her Gladesville property – until she crunched the numbers.  Instead, she replaced her run-down two-bedroom cottage with a brand new home and granny flat, transforming the low yielding investment into a dual-income earner. The build has boosted her rental return by over $1000 per week, potentially paying itself off in little over a decade. If you’re contemplating whether a knock down rebuild is for you, here are five things to ask yourself first. A dual-occupancy home could be more affordable than you think. Picture: Hamptons Façade on the Mayfield MKII at Leppington.  1. Should I renovate or move instead? If you love your neighbourhood but not your home, the combined costs of selling, and stamp duty on a new purchase could be better directed towards upgrading your existing property. While renovating may seem like the more affordable option, in reality it can cost up to 10 per cent more than a rebuild, ...