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Wednesday, March 27, 2024   /   by Bell Home Team

Forecasting Summer Weather Trends: What It Means for Real Estate

As we gear up for the summer months, it's essential to stay informed about the latest weather trends that could impact our lives and, in some cases, our real estate decisions. According to the Farmer's Almanac Summer 2024 Weather Forecast, there are several key trends to keep an eye on that could influence the housing market and property investments.

One of the notable predictions from the Farmer's Almanac is the expectation of above-average temperatures across many parts of the country. As temperatures soar, homebuyers may prioritize properties with features like central air conditioning, shaded outdoor spaces, and energy-efficient design to stay comfortable during the hot summer months. Real estate agents should be prepared to highlight these features when showcasing properties to potential buyers.

Additionally, the forecast suggests that certain regions may experience periods of heavy rainfall or even severe storms. For homeowners, this highlights the importance of property ma ...

Friday, March 15, 2024   /   by Bell Home Team

Understanding REITs: A Comprehensive Guide to Real Estate Investment Trusts

At BELL Home Team, we believe in empowering our clients with knowledge to make informed decisions in the dynamic world of real estate investment. Today, we delve into an essential aspect of real estate investing: Real Estate Investment Trusts (REITs).
What is a REIT?
A REIT, short for Real Estate Investment Trust, is a company that owns, operates, or finances income-generating real estate across various sectors. From residential apartments to commercial properties like shopping malls, hotels, self-storage facilities, industrial warehouses, healthcare facilities and office buildings, REITs offer investors the opportunity to diversify their portfolios without directly owning physical properties.
Established by Congress in 1960, REITs were designed to enable investors with modest capital to participate in the real estate market without needing substantial sums typically required for direct property investment. It's worth noting that a significant portion of REITs are publicly traded on ...

Friday, March 8, 2024   /   by Bell Home Team

Top Bedroom Design Trends to Elevate Your Space in 2024

In 2024, it's time to break free from traditional bedroom norms and embrace bold yet effective changes that breathe new life into your personal sanctuary. Designers predict a departure from the cluttered look of beds overloaded with pillows and blankets. Instead, opt for pared-down bedding featuring vintage embroidered coverlets and printed shams, as recommended by Next Wave designer Kerri Pilchik.
At BELL Home Team, we're committed to keeping you in the loop on the latest interior design trends, ensuring your bedroom isn't left out. The good news? The bedroom trends for 2024 are accessible and easy to incorporate into your space in a day or less. Drawing inspiration from House Beautiful's insightful article on bedroom design trends for 2024, we're here to share our take on how you can incorporate these trends into your own home. From mismatched furniture arrangements to eclectic bed linens and pillows, these trends promise to rejuvenate your sleeping space and have you hitting snooze/ ...

Thursday, March 7, 2024   /   by Bell Home Team

Experience the Magic of Maple Sugaring Season at Beaver Lake Nature Center in Baldwinsville

As the chill of winter begins to thaw and signs of spring emerge, there's a unique and enchanting event waiting to be explored at Beaver Lake Nature Center. Maple Sugaring Season is a time-honored tradition where visitors can immerse themselves in the art and science of maple syrup production while reveling in the beauty of nature's awakening. Here's a glimpse into the captivating experiences awaiting visitors at this special event:

Guided Maple Sugaring Tours: Join knowledgeable guides as they lead you through the sugarbush, where rows of maple trees stand ready to be tapped. Learn about the history and process of maple sugaring, from collecting sap to boiling it down into golden syrup. Along the way, discover the intricate relationship between trees, sap, and the changing seasons.
Interactive Demonstrations: Get hands-on with interactive demonstrations that showcase the traditional methods of maple syrup production. From drilling tap holes to collecting sap in buckets, experi. ...

Wednesday, March 6, 2024   /   by Bell Home Team

Boomers are Not Moving Out of Their Big Homes. Here’s Why:

At BELL Home Team, we recognize the evolving landscape of real estate and the challenges faced by homeowners, especially Baby Boomers, in the current market. In a recent article by Anna Bahney on CNN, she highlights the struggles that many Boomers face when considering downsizing from their larger homes.

Mart and Octavian Dragos, Baby Boomers from El Cerrito, California, find themselves in a predicament after 33 years in their spacious five-bedroom home. Despite being empty nesters, they are hesitant to downsize due to various obstacles.
Capital gains taxes pose a significant hurdle for long-time homeowners looking to sell their properties, particularly in regions where home values have surged over the years. While federal and possibly state tax laws provide exemptions for gains up to $250,000 for single filers or $500,000 for couples filing jointly, this may not fully cover profits from the sale of highly appreciated homes.
One major concern for Boomers like the Dragos is the sub) ...