Family of Colin Powell Sells McLean, VA, Home for $2.8M

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Colin Powell was not only a four-star general who served for decades in the Army, but also a trailblazer who held three of the highest positions in the U.S. government.

Powell served as the first Black national security adviser under Ronald Reagan, chairman of the Joint Chiefs of Staff under George H.W. Bush, and secretary of state under George W. Bush.

Powell died in October 2021 at the age of 84.

And now, his former home in McLean, VA, just 10 miles outside the nation’s capital, has changed hands.


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6 Things Recent Homebuyers Can’t Stand About Their Bathroom

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Buyer’s remorse comes in many forms. In the aftermath of the most recent real estate rush, many homebuyers who were willing to compromise their priorities are now wishing they hadn’t been so lax about things like their down payment budget or paying way over the asking price.

And a recent study found that 1 in 4 first-time homebuyers who purchased a home in 2021 and 2022 regrets buying a property that needs too much maintenance.

As it turns out, underlying maintenance problems can manifest quite quickly in the bathroom. It’s a room that gets a lot of use.

So after enough time, red flags that were simply overlooked during the buying process—or viewed as minor fixes—eventually become major annoyances or problems.







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What Is a Lazy Susan? How a Traditional Turntable Can Help You Tidy Up

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In its simplest form, a Lazy Susan is a spinning tray that sits atop a table or shelf. Add compartments, and it becomes a brilliant storage solution that makes everything from ketchup bottles to cotton swabs easier to reach. Lazy Susans are available in just about any material: wood, bamboo, glass, or acrylic.

Wondering how well a Lazy Susan would fit into your home? You can spin the concept a multitude of ways in just about every room. Here’s how.

Lazy Susan for dining and entertaining

Photo by Barnes Vanze Architects, Inc

You may have grown up with a Lazy Susan on the kitchen table. It probably made passing the salt or the I Can’t Believe It’s Not Butter buttery spread easier for everyone. But tabletop turntables aren’t just for “Brady Bunch”–size families. A Lazy Susan made of dark wood or marble ($99.95, crateandbarrel.com) can be a chic, convenient solution for a formal dining table.


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What Goes Up Must Come Down: The Pandemic Era’s Hottest Markets Are Leading the U.S. in Price Reductions

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For those looking to sell their home, many have been forced to face the fact that they won’t get the price they’d dreamed of receiving anytime soon.

To close sales, more sellers are dropping asking prices than at any point in the past few years. The portion of homes on the market with at least one markdown is now outpacing even pre-pandemic years. Buyers simply can’t afford these high price tags now that mortgage interest rates have shot up.

In some parts of the country, as many as half of the homes on the market have had their price cut, making up, at least partly, for the higher monthly payment resulting from the currently hiked interest rates.

So where can buyers find the most discounted homes? And where do sellers need to be more realistic with their asking prices?

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Opendoor faces ‘existential’ crisis as iBuying fights for survival

The company recently reported a nearly billion-dollar loss and has now dramatically rearranged its executive lineup as the cash-buying sector contends with a slowing market.

She Found Serenity Again in Brooklyn, and a Place to Build a New Life

Christina Blacken was smitten with her old neighborhood of Flatbush, Brooklyn. But when the pandemic struck, things began to fall apart.

Sending holiday cards? 5 tips for giving the warm and fuzzies on a budget

Yes, you can still send out your cards, even if your marketing budget is running out. Christy Murdock offers simple strategies to connect with your SOI before the year’s out.

Stand out online with a new website ending in .realtor and .realestate

For REALTORS®, there is no reason not to get a .realtortm web address. You’ll be leveraging one of the most powerful and trusted names in real estate to build trust, own your brand, and elevate your status in the market

Will your brokerage survive next year?

Some worry the industry is approaching a housing bubble like 2008, all set for a similar burst and the subsequent fallout. At Long & Foster, we’re not.

How to use Zillow to start strong in 2023

Any licensed real estate agent can have an agent profile on Zillow for free. Your Zillow profile is your opportunity to introduce yourself to the more than 230 million monthly visitors who start their home search on Zillow.

250K agents could leave the industry next year. Will they be your agents?

New agents will need real support and guidance from their brokerage now more than ever, focused on how to manage a market where listings sit for more than 30 days and interest rates are higher than 4%.

How strategic agents are filling their pipeline for 2023

As 2022 comes to a close, agents and home sellers are looking ahead. This past year has been one of rapid growth and change: from skyrocketing home prices to skyrocketing interest rates, it was a year that kept everyone on their toes. But as experts predict a much-needed plateau in the housing market, not everyone […]

3 future-proof features now trending in sustainable home building

Today, form and function have melded to produce homes that are beautiful because of their sustainable features. Now, buyers can live more autonomously without sacrificing the luxury amenities they desire.

What to do in Denver in December 2022

Fun December things to do!

 

 

 

Now – December 23rd: Denver Christkindlmarket

“Experience the warmth and charm of an authentic German Holiday Market right in the heart of Denver. Stroll through alleys lined with cozy wooden huts and shop for unique, finely crafted artisan gifts and tasty treats brought to you by local and international small businesses. As cheerful sounds of live holiday music fill the air, savor the season with traditional glühwein, German biers, and traditional holiday fare from across Europe.​ Every year, from November to December, guests of the Market are invited to explore the magic of Europe during the holidays – no passport required.” More Info!





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My Building Has Replaced Our Keys With an App. Is That Legal?

Smartphones are ubiquitous, so it’s not unreasonable that your landlord would choose a technology that requires you to have one.

12 Details You Can’t Afford To Miss When Buying a Brand-New Home

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There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home.

Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp on a home—tailoring the model, layout, and finishes to their particular tastes.

And then there’s the segment of buyers who are simply turned off by older homes that will likely require work and upkeep. They assume—rightly in most cases—that a newly built home will mean lower maintenance costs.

However, if you have your eye on a new home because you expect absolute perfection from Day One, think again. New-home buyers must be prepared for issues that might arise, according to John Heidenry, managing partner at Red Bridge Condos, in Hoboken, NJ. He has been building luxury homes for nearly two decades.

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Whoa, Chip and Jo! Season 1 ‘Fixer Upper’ Home Triples Its Original Price Tag

Realtor.com

If you’ve ever wondered how much a reality-show home makeover adds to a property’s value—especially one by HGTV royalty Chip and Joanna Gaines—check out this sweet little cottage in Waco, TX.

It’s now listed for $339,900, more than three times what a single mom snagged it for back in 2013.

She paid around $89,900 for the 1,814-square-foot abode for the Gaineses’ “Fixer Upper” show on HGTV. The three-bedroom, one-bath fixer-upper—or the “Cottage Bungalow,” as Chip dubbed it—needed extreme TLC.

Waco, TX, cottage renovated by Chip and Joanna Gaines on Season 1 of “Fixer Upper”

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Save on Monthly Home Costs With These 7 Hacks

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If you’re feeling the financial crunch right now, you’re not alone. Ever since inflation reached a record high of 9.1% this past summer (the highest it’s been in 40 years), life has started to feel pretty unaffordable.

Add the double-whammy of increased energy prices and the oncoming holiday season, and it’s gearing up to be an expensive end to 2022. And a wallet-busting new year as well.

It’s little wonder that everyone seems to be trying to save money in their home. So we spoke to home and energy experts across the country to get their insider tips for the best ways to save on basic living expenses each month. Here’s what they had to say.

1. Get a home energy audit

If you want to understand where your hard-earned dollars are going each month, one of the best things you can do is get an energy audit.

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5 Fascinating Homes for Fans of Frank Lloyd Wright Available Now

Realtor.com

If you’re a fan of architect Frank Lloyd Wright, you might be frustrated by the scarcity of his iconic works.

At the moment, there is only one Wright-designed home available in the country. Located in Central California, it’s listed for $4,250,000.

But if you’re interested in a home built by one of Wright’s students, you’re in luck. His students have spread out across the U.S. and created some swell dwellings.

We found five homes that were designed (or claim to have been done) by architects Wright mentored. See if you can spot some of Wright’s signature elements in these unusual abodes.



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LGBTQ+ Real Estate Alliance CEO lauds Respect for Marriage Act

After failing to protect abortion access by codifying Roe v. Wade, the U.S. Senate on Tuesday completed the first step in codifying same-sex and interracial marriage with the Respect for Marriage Act.

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