February 8, 2018
"Sexy is important, but comfort is essential.”
Jennifer Aniston, Actress, speaking to Architectural Digest
Jenn is like so many Americans – Flip Here For Why
Jen Is Just Like Us
- Jennifer Aniston’s home was built in 1965; She renovated.
- Sales of Existing Homes (homes already built, like Jen’s) hit 11-year high last year.
- Lower inventory of affordable new homes led to existing home sales jump.
- Home improvement spending estimates topped $300 billion in 2017.
Jen Is NOT like Us
Purchase Price of Home = $21 million
Sale Price of Existing Homes in America 2017 = $247,300
Americans Pour Record Sums Into Home Improvements A shortage of new single-family homes across the U.S. is pushing up prices and locking many buyers out of the market. The silver lining: a boom in renovations of existing homes. Americans are expected to pour a record $316 billion into home remodeling this year, up from $296 billion a year earlier, according to Harvard University”s Joint Center for Housing Studies.
WASHINGTON (January 24, 2018) — Existing-home sales subsided in most of the country in December, but 2017 as a whole edged up 1.1 percent and ended up being the best year for sales in 11 years, according to the National Association of RealtorsA(R).A A https://www.nar.realtor/newsroom/existing-home-sales-fade-in-december-2017-sales-up-11-percent
by Jenna Lee,
