{"id":11519,"date":"2017-05-05T15:21:07","date_gmt":"2017-05-05T15:21:07","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=11519"},"modified":"2017-05-05T15:21:09","modified_gmt":"2017-05-05T15:21:09","slug":"first-time-buyers-arent-afraid-renovation","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/first-time-buyers-arent-afraid-renovation\/","title":{"rendered":"First-Time Buyers Aren\u2019t Afraid of Renovation"},"content":{"rendered":"<h2>First-Time Buyers Aren\u2019t Afraid of Renovation<\/h2>\n<p>&nbsp;<\/p>\n<div id=\"attachment_11520\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2017\/05\/05\/first-time-buyers-arent-afraid-renovation\/attachment\/05052017\/\" rel=\"attachment wp-att-11520\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-11520\" class=\"size-large wp-image-11520\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2017\/05\/05052017-1024x685.jpg\" alt=\"First-Time Buyers Aren\u2019t Afraid of Renovation\" width=\"1024\" height=\"685\" srcset=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2017\/05\/05052017-1024x685.jpg 1024w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2017\/05\/05052017-300x201.jpg 300w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2017\/05\/05052017-768x513.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><p id=\"caption-attachment-11520\" class=\"wp-caption-text\">First-Time Buyers Aren\u2019t Afraid of Renovation<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>First-time home buyers are showing a strong desire for taking on remodeling projects. First-time buyer renovators in 2016 spent $33,800, on average, on their projects. That marks a 22 percent increase over 2015, according to the sixth annual <a href=\"http:\/\/info.houzz.com\/HH2017.html\" target=\"_blank\" rel=\"noopener noreferrer\">Houzz &amp; Home <\/a>survey of more than 100,000 respondents in the U.S.<\/p>\n<blockquote><p><strong>Average Investment in Living Spaces<\/strong><\/p>\n<p>Here is what remodelers spent in renovating their homes in 2016:<\/p>\n<ul>\n<li>Kitchens: $19,100<\/li>\n<li>Master bathrooms: $11,700<\/li>\n<li>Living\/family rooms: $5,400<\/li>\n<li>Master bedroom: $3,400<\/li>\n<li>Laundry room: $2,800<\/li>\n<li>Dining rooms: $2,600<\/li>\n<li>Guest bedrooms: $1,900<\/li>\n<\/ul>\n<p><em>Source: \u201cHouzz &amp; Home Survey,\u201d Houzz (May 4, 2017)<\/em><\/p><\/blockquote>\n<p>\u201cYounger and cash-constrained first-time buyers are responding to the low inventory of affordable homes by purchasing properties that require more than just cosmetic upgrades,\u201d says Nino Sitchinava, Houzz principal economist. \u201cNot surprisingly, we are seeing their spending on home renovations increasing significantly in 2016 and expect this trend to continue through 2017.\u201d<\/p>\n<p>Both first-time and repeat buyers are taking on larger scope projects, such as remodeling up to four rooms at the same time, the Houzz survey shows. Kitchen and bathrooms continue to be the most popular rooms in the house to renovate.<\/p>\n<p>And while \u201crecent home buyers drive a significant share of home renovations today, repeat buyers are investing twice as much in their home as first-time home buyers,\u201d Sitchinava notes.<\/p>\n<p>Baby boomers and earlier generations, who are age 55-plus, continue to spend three time more than millennial homeowners aged 25 to 34.<\/p>\n<p>Overall, homeowners spent $60,400 in 2016 on home renovation projects, up from a $59,800 average in 2015.<\/p>\n<p><em>Source: \u201cHouzz &amp; Home Survey,\u201d Houzz (May 4, 2017)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First-Time Buyers Aren\u2019t Afraid of Renovation &nbsp; &nbsp; First-time home buyers are showing a strong desire for taking on remodeling projects. First-time buyer renovators in 2016 spent $33,800, on average, on their projects. That marks a 22 percent increase over 2015, according to the sixth annual Houzz &amp; Home survey of more than 100,000 respondents &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/first-time-buyers-arent-afraid-renovation\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-11519","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First-Time Buyers Aren\u2019t Afraid of Renovation - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/first-time-buyers-arent-afraid-renovation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"First-Time Buyers Aren\u2019t Afraid of Renovation\",\"datePublished\":\"2017-05-05T15:21:07+00:00\",\"dateModified\":\"2017-05-05T15:21:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/\"},\"wordCount\":272,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2017\\\/05\\\/05052017-1024x685.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/first-time-buyers-arent-afraid-renovation\\\/\",\"name\":\"First-Time Buyers Aren\u2019t Afraid of Renovation - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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