All I want is a very small ranch, 1,000 sq. ft., to retire in. There are plenty of those in the small city I want to be in, but none currently on the market.
Very typical. Builders no longer want to build houses for one and two people, but there are more single people and couples THAN EVER in the market for houses. There was a time that the two-bedroom, one or one-and-a-half bathroom, one garage-stall house was common, but now it's like builders are allergic to them. It's not even very easy to find good floorplans for them. So the ones that survive in the housing stock in many areas are often in high demand...driving up the prices, which removes one of the reasons to want such a house in the first place!
@@mikethebeginner good point. plenty of 4b 3ba new builds in my area, but zero new starter homes. young families/single people are having to compete with retirees now (ask me how i know). bidding wars over any 2b 2ba hitting the market in a decent neighborhood 🫤
the reason is because cost of built to code no longer make sense for house less than 2000sft even 2500 sft with all the cost of land, foundation/crawspace and utility. All need to up to code and also making profit.
Yes, absolutely. having rooms on the above floors are preferred such as bedrooms, office guest room. Away from the downstairs rooms like the living room, dining room, kitchen, and separate bonus room. Open floor plans are problematic in terms of privacy. Due to the absence of walls making it difficult to organize separation of activities. Which can be difficult and disruptive for focusing on work study relaxation creates less cozy atmosphere and clutter can be more noticeable! An essence it creates design challenges. Temperature control is more difficult. Walls do solve lots of problems. For example: Your son wants to have his friends over - but you want to finish up some work in the office. And open floor plan would not be advisable. Open floorplans are becoming less desirable year after year, which is not my opinion but according to home shopper preferences. Remember, your energy costs are a lot less but more efficient when you have a home that is compartmentalized. Not my words, you could look it up
I have a 95 year old cape cod style bungalow in northeast Ohio. I've lived in it for 6 years. Other than having to update all the electrical wiring and all the bathroom drains from steel/iron to pvc (sink, tub, and toilet) it's been a good house. The house still sits level, and the basement doesn't leak. Structurally, it's very solid.
Modular homes also have to be built sturdily because they have to stand up to the rigors of being moved. The bad aspect is that the parts don't always fit together on site as well as homes that are stick-built on site. And the designs are limited because of the size limits on the modules--the floor plans are often "two row," meaning two lines of boxes next to each other. Finally, like buying cars, the "options" are sometimes limited to what the manufacturer wants to provide and include. They're not custom homes.
Contemporary homes tend to have a funky floor plan here in NY with sleeping areas scattered throughout the dwelling. Very hard to find comparables as an appraiser.
Right, ranch style is the only type when I was looking for a home. It will avoid noise if you have family walking upstairs and have everyone stay at the same level.
Love your style. It’s informative and easy to understand. All of the homes mentioned in this video are single family. Do you have any thoughts on types of homes in urban areas? I know very little about what makes a condo or row home a good buy. What should prospective homebuyers in dense walkable cities look for?
Great video one thing you missed about ranch style homes is they usually sit on wider lots since they require more ground space for occupying the bedrooms and living area
So out of curiosity, any suggestions on where to buy reliable well made modular homes? Or at least ways to look for a reliable manufacturer. I mean I hear all sorts of horror stories and when considering such homes I would like reliable quality.
We really like ranch style homes but given their larger footprint (since all of the square footage is on the ground level), they tend to require a larger lot, which is probably why home builders today aren’t really building many of them in our area. Re-roofing one is a bit more expense as well.
I grew up in a Dutch colonial built in 1918 and loved it. The only drawback were the tiny closets but as a child i had few clothes anyway. We moved out in the 1980s. Now when i visit the house area i am saddened by how the house has gotten shabby in appearance. I really wish someone would buy it and restore it to its true beauty
Clay roofs are a nightmare to maintain in wet climates because of mold discoloration. The choices are hire a roof cleaner and risk a broken tiles and leaks or let it just look worse and worse.
Thank you, Jackie for this series of home-buying videos. I've learned a lot. I hope you and yours have a very Merry Christmas, a wonderful holiday season and an even better 2025. - Thomas
The Mediterranean style home is what I would buy if my income were a few tax brackets higher. Otherwise, if someone is shopping for a home by style, I'd say go with a style that you can enjoy learning more about or talking about. It's nice when you're in a home and you like thinking about its history.
Three floor ranch houses are the worst. Most of the square footage is taken up by multiple stair cases, which means tiny bedrooms, kitchen and living room with an enormous basement room with no obvious purpose.
Split level are typically not a huge hit with many people since when you walk through the door you have to choose between going up a set of stairs or down a set of stairs and you typically have a very small entry way without a closet and lots of them do not have basements. They usually look so pretty from the road but are a pain for day to day life. Imagine coming home from the grocery store with an infant and a bunch of groceries and your entry way is jammed up with everyone’s shoes and coats. Or the elderly who struggles with stairs who is forced to do them whenever they need to enter or exit the home.
Thanks for the forecast! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
I want a first home but only if its a 2 or 3 family house as i want to rent out one floor to help with the mortgage. But its so hard to find something within a 1 hour commute from nyc for 600k which is my budget.
3 families? what reality do you live in. There is a custom h9me in my neighborhood that just went up for sale, a 3 bedroom rancher but then they added 3 bedrooms on the other side so 6 bedrooms total. I can see 2 families living there.... it's 849k and in Philadelphia!
I love my style of house. Im in SoCal, our house was built in 1965. We have two living rooms and two dining areas. With the kitchen being in the middle. But the interesting thing is we have three bedrooms downstairs, including the primary. Then upstairs we have two bedrooms and 1 bathroom that my older sons refer to as their apartment lol. None of the bedrooms are on top of each other which is nice. What would that style be?
We want to retire to Prescott, AZ and thought we could purchase a lot and put in a modular home, but we have found that the majority of the properties for sale, do not allow it. Stick built only they say. You have to go really far out into the country to be allowed to have a modular home, which I don't understand as we think they are very nice homes. Personally, I would love to have a colonial house but since we are in the south west, that isn't going to be an option.
In my opinion, ranches are more susceptible to home invasions. As opposed to multi level,. For example, I have four floors in my house . The safe room is all the way on top that is within another room. If there would be intruders entering the home we’d already be at the top in the safe room dialing 911.
I feel perfectly safe in my ranch home with impact (unbreakable) windows and great doors and security system. I don’t feel the need to have four floors to feel “safe”
@@phantomcruizer Right…because much more dangerous to climb out of a single story window or out the door than it is to jump from a “fireproof” four story house window. Brilliant 😂🙄
Are bungalow style homes on the buy or don't buy list? By bungalow I mean the square floor plans. Often there is a front porch that goes across the front of the home. If there is a second floor it fits underneath a steepened roof and peaks out with dormer windows.
Hi Jackie! Thank you so very much for the breakdown it's very helpful! From what I understand modular homes are built even better than site built homes because they are in a factory and they don't get exposed to weather conditions like other homes being built on site, also as you mentioned the strength that they have to be made for regarding transportation!
I remember a modular home that I looked at had a higher interest rate at the same time compared to the single family homes or twin homes that I looked-at at the same time. I guess the banks view them as more of a risk and charge more. Something to be aware-of.
I'll stick to colonials and with no open plan. I like individual rooms which give character and privacy. Moden and modular homes never in a million years. Happy Holidays!
"Open plan" and (an even worse term) "open concept" (I hate that term!) are simply tailored for the needs of builders. Interior walls, interior woodwork like door framing, etc. are expensive to build but don't add much to the perceived value of the house, or to its price. Builders would rather build houses that resemble barns, with one big room with a kitchen tacked into one corner. They're dreadful. They look bad, they're much harder to keep neat (because everything is always exposed to everything else), there's no privacy for different usages, and you never get a break from that one big room...moving from one discrete room to another can give a sense of a "change of scene" which is often welcome in living. It's all imposed on buyers because it's more convenient and profitable for builders, no other reason.
i agree with you on open floor plans. they can be done well, but sometimes it seems like an excuse to not put any effort into the layout of the home... new builds in my area especially have this problem. no logical flow or privacy at all. edit: the bathroom in my rental literally doesn't even have a door because of this "open floor plan" stuff lol
When we were house hunting, I thought I wanted an open floor plan. However, we purchased a colonial style and I love it. I like the privacy that walls provide and each room has its own vibe in that the design style doesn’t have to be totally cohesive.
!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??
I love searching for homes, even if I can't afford one nor even think of owning one anytime soon
@@taiguy53 man it’s torture
All I want is a very small ranch, 1,000 sq. ft., to retire in. There are plenty of those in the small city I want to be in, but none currently on the market.
Very typical. Builders no longer want to build houses for one and two people, but there are more single people and couples THAN EVER in the market for houses. There was a time that the two-bedroom, one or one-and-a-half bathroom, one garage-stall house was common, but now it's like builders are allergic to them. It's not even very easy to find good floorplans for them. So the ones that survive in the housing stock in many areas are often in high demand...driving up the prices, which removes one of the reasons to want such a house in the first place!
@@mikethebeginner good point. plenty of 4b 3ba new builds in my area, but zero new starter homes. young families/single people are having to compete with retirees now (ask me how i know). bidding wars over any 2b 2ba hitting the market in a decent neighborhood 🫤
You and everyone I know want this unfortunately! Lots of us Gen X and Boomers looking for a good downsize! Very frustrating!
the reason is because cost of built to code no longer make sense for house less than 2000sft even 2500 sft with all the cost of land, foundation/crawspace and utility. All need to up to code and also making profit.
Go manufactured on your own land.
My uncle said, if you have kids, 2 story. As you get older- ranch. The less stairs the better.
Yes, absolutely. having rooms on the above floors are preferred such as bedrooms, office guest room. Away from the downstairs rooms like the living room, dining room, kitchen, and separate bonus room.
Open floor plans are problematic in terms of privacy. Due to the absence of walls making it difficult to organize separation of activities. Which can be difficult and disruptive for focusing on work study relaxation creates less cozy atmosphere and clutter can be more noticeable!
An essence it creates design challenges.
Temperature control is more difficult.
Walls do solve lots of problems.
For example:
Your son wants to have his friends over - but you want to finish up some work in the office. And open floor plan would not be advisable.
Open floorplans are becoming less desirable year after year, which is not my opinion but according to home shopper preferences.
Remember, your energy costs are a lot less but more efficient when you have a home that is compartmentalized.
Not my words, you could look it up
I have a 95 year old cape cod style bungalow in northeast Ohio. I've lived in it for 6 years. Other than having to update all the electrical wiring and all the bathroom drains from steel/iron to pvc (sink, tub, and toilet) it's been a good house. The house still sits level, and the basement doesn't leak. Structurally, it's very solid.
Modular homes also have to be built sturdily because they have to stand up to the rigors of being moved. The bad aspect is that the parts don't always fit together on site as well as homes that are stick-built on site. And the designs are limited because of the size limits on the modules--the floor plans are often "two row," meaning two lines of boxes next to each other. Finally, like buying cars, the "options" are sometimes limited to what the manufacturer wants to provide and include. They're not custom homes.
Contemporary homes tend to have a funky floor plan here in NY with sleeping areas scattered throughout the dwelling. Very hard to find comparables as an appraiser.
Right, ranch style is the only type when I was looking for a home. It will avoid noise if you have family walking upstairs and have everyone stay at the same level.
Love your style. It’s informative and easy to understand. All of the homes mentioned in this video are single family. Do you have any thoughts on types of homes in urban areas? I know very little about what makes a condo or row home a good buy. What should prospective homebuyers in dense walkable cities look for?
Excellent presentation.
The downside of colonial homes (1st style mentioned) is that you most likely will need to hire a stranger to clean it.
Great video one thing you missed about ranch style homes is they usually sit on wider lots since they require more ground space for occupying the bedrooms and living area
"Farmhouse" now refers to a hybrid of traditional farmhouse and contemporary. Neither fish nor fowl.
So out of curiosity, any suggestions on where to buy reliable well made modular homes? Or at least ways to look for a reliable manufacturer. I mean I hear all sorts of horror stories and when considering such homes I would like reliable quality.
Can you do one on log cabin please? Your channel is great!!!
Few people want to purchase a log cabin.
We really like ranch style homes but given their larger footprint (since all of the square footage is on the ground level), they tend to require a larger lot, which is probably why home builders today aren’t really building many of them in our area. Re-roofing one is a bit more expense as well.
But at the same time, re-roofing is safer and easier, because the roofs tend to be flatter, meaning easier to walk on, and closer to the ground.
I grew up in a Dutch colonial built in 1918 and loved it. The only drawback were the tiny closets but as a child i had few clothes anyway. We moved out in the 1980s. Now when i visit the house area i am saddened by how the house has gotten shabby in appearance. I really wish someone would buy it and restore it to its true beauty
Clay roofs are a nightmare to maintain in wet climates because of mold discoloration. The choices are hire a roof cleaner and risk a broken tiles and leaks or let it just look worse and worse.
Ngl this just feels like a list of every style of home 😂
there are a lot more styles than this.
Thank you, Jackie for this series of home-buying videos. I've learned a lot.
I hope you and yours have a very Merry Christmas, a wonderful holiday season and an even better 2025. - Thomas
Thank you Thomas! Merry Christmas and wishing you a healthy and prosperous 2025!!!
Ranch on a basement or bust! ❤
The Mediterranean style home is what I would buy if my income were a few tax brackets higher. Otherwise, if someone is shopping for a home by style, I'd say go with a style that you can enjoy learning more about or talking about. It's nice when you're in a home and you like thinking about its history.
What about split level homes these are popular in NY
They suck
Three floor ranch houses are the worst. Most of the square footage is taken up by multiple stair cases, which means tiny bedrooms, kitchen and living room with an enormous basement room with no obvious purpose.
Split level are typically not a huge hit with many people since when you walk through the door you have to choose between going up a set of stairs or down a set of stairs and you typically have a very small entry way without a closet and lots of them do not have basements. They usually look so pretty from the road but are a pain for day to day life. Imagine coming home from the grocery store with an infant and a bunch of groceries and your entry way is jammed up with everyone’s shoes and coats. Or the elderly who struggles with stairs who is forced to do them whenever they need to enter or exit the home.
How about Barndos?
jackie u should talk about row house.parking is bad on u video?
I enjoy all of your videos Thank you
Thanks for the forecast! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
I want a first home but only if its a 2 or 3 family house as i want to rent out one floor to help with the mortgage. But its so hard to find something within a 1 hour commute from nyc for 600k which is my budget.
oof, i don't envy y'all in the northeast one bit. market seems really tough out there. good luck on the search!
3 families? what reality do you live in. There is a custom h9me in my neighborhood that just went up for sale, a 3 bedroom rancher but then they added 3 bedrooms on the other side so 6 bedrooms total. I can see 2 families living there.... it's 849k and in Philadelphia!
@@y.peffle2802where in Philly ?
@@y.peffle28022 family is fine doesnt have to be 3 family but it is what it is ill just live with my parents if not possible.
I love my style of house. Im in SoCal, our house was built in 1965. We have two living rooms and two dining areas. With the kitchen being in the middle. But the interesting thing is we have three bedrooms downstairs, including the primary. Then upstairs we have two bedrooms and 1 bathroom that my older sons refer to as their apartment lol. None of the bedrooms are on top of each other which is nice. What would that style be?
Where I live, bungalow is everywhere especially for older houses. Housing is expensive here too. It is not on your list😮
Colonial homes barely exist on the west coast, so the ones you see are newer builds and look out of place
Isn't lead and abestos a problem with older homes?
Split foyers suck imo, and they are everwhere in my town. I like the look of the midcentury modern homes
❤❤❤❤❤ I needed this!
We want to retire to Prescott, AZ and thought we could purchase a lot and put in a modular home, but we have found that the majority of the properties for sale, do not allow it. Stick built only they say. You have to go really far out into the country to be allowed to have a modular home, which I don't understand as we think they are very nice homes. Personally, I would love to have a colonial house but since we are in the south west, that isn't going to be an option.
Farmhouse style is a fad that is being overdone.
In my opinion, ranches are more susceptible to home invasions. As opposed to multi level,.
For example, I have four floors in my house . The safe room is all the way on top that is within another room. If there would be intruders entering the home we’d already be at the top in the safe room dialing 911.
I feel perfectly safe in my ranch home with impact (unbreakable) windows and great doors and security system. I don’t feel the need to have four floors to feel “safe”
Safe, unless the frustrated intruders decided to burn your house down!
It happens 😢
@@phantomcruizer Right…because much more dangerous to climb out of a single story window or out the door than it is to jump from a “fireproof” four story house window. Brilliant 😂🙄
Are bungalow style homes on the buy or don't buy list? By bungalow I mean the square floor plans. Often there is a front porch that goes across the front of the home. If there is a second floor it fits underneath a steepened roof and peaks out with dormer windows.
Hi Jackie! Thank you so very much for the breakdown it's very helpful! From what I understand modular homes are built even better than site built homes because they are in a factory and they don't get exposed to weather conditions like other homes being built on site, also as you mentioned the strength that they have to be made for regarding transportation!
don't buy double our row house.i learn my lesson.
@ Shanenice5380. Hi could you clarity your comment, I want to understand.
@protect-your-mind row house.i am bad spelling lol
Merry Christmas 🎁🎄
Thank you!
Too many beeps and tones… kept thinking I’m getting text messages. Keep in mind that many listen to your videos vs watching it
I recommend everyone to find the book titled The Elite Society's Money Manifestation, It changed my life.
I remember a modular home that I looked at had a higher interest rate at the same time compared to the single family homes or twin homes that I looked-at at the same time. I guess the banks view them as more of a risk and charge more. Something to be aware-of.
I'll stick to colonials and with no open plan. I like individual rooms which give character and privacy. Moden and modular homes never in a million years.
Happy Holidays!
"Open plan" and (an even worse term) "open concept" (I hate that term!) are simply tailored for the needs of builders. Interior walls, interior woodwork like door framing, etc. are expensive to build but don't add much to the perceived value of the house, or to its price. Builders would rather build houses that resemble barns, with one big room with a kitchen tacked into one corner. They're dreadful. They look bad, they're much harder to keep neat (because everything is always exposed to everything else), there's no privacy for different usages, and you never get a break from that one big room...moving from one discrete room to another can give a sense of a "change of scene" which is often welcome in living. It's all imposed on buyers because it's more convenient and profitable for builders, no other reason.
i agree with you on open floor plans. they can be done well, but sometimes it seems like an excuse to not put any effort into the layout of the home... new builds in my area especially have this problem. no logical flow or privacy at all.
edit: the bathroom in my rental literally doesn't even have a door because of this "open floor plan" stuff lol
I beat those modular homes are so much better than a dr Horton or most new builds that are built like a house of cards held together with paper clips!
When we were house hunting, I thought I wanted an open floor plan. However, we purchased a colonial style and I love it. I like the privacy that walls provide and each room has its own vibe in that the design style doesn’t have to be totally cohesive.
Colonial homes are horrible as you age
Oh yes they are, it's difficult walking up stairs and down stairs.
!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated..
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Don't buy anything. The only reason why a home is on the market is that somebody needs to get rid of it.
😂😂 yes can we all come live with you, for free