Dave Jensen's Blog Posts

Don’t Let the Latest Home Price Headlines Confuse You - Feb2024

Know your local market!  Headlines are sensational, but your local market is what should matter to you, and national averages are only useful in the broadest sense.Based on what you’re

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Home Price Forecasting - The Annual Survey -- 2024

Experts Project Home Prices Will Increase in 2024Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from 

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Ways Your Home Equity Can Help You Reach Your Goals

Your home is your personal bank. Use it wisely.If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and

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Avoid These Common Mistakes After Applying for a Mortgage

Stay hyper focused and vigilant during your home buying journey.  A simple purchase can create a problem.If you’re getting ready to buy a home, it’s exciting to jump a few

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Achieving Your Homebuying Dreams in 2024

There are a few things to keep in mind when planning the move.  The below info is a good place to start. Some HighlightsPlanning to buy a home in 2024? Here’s what to

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All 3 homes are a GREAT FIT! How do you break the tie?

Here's a helpful tool I give to my clients to help them "break the tie" when we're trying to decide which property is the best fit.  Sometimes, it helps to take the emotion out of buying a

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Thinking About Buying a Home? Ask Yourself These Questions

There's a lot to consider when spending so much on anything.  Gather info, and ask questions from someone who does deals all the time.If you’re thinking of buying a home this

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Things To Consider If Your House Didn’t Sell

A lot of folks missed the market later last year, and many tried to sell the place at a price that was just too high.  Regardless of who made that decision, move forward.  Do you still

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These Non-Financial Benefits Turn a House into a Happy Home

The home gives stability to families and friendsThere’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now

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The Winter Buyer and Seller Guides Have Arrived (2024)

The Winter Buyer and Seller Guides Have ArrivedThe Winter guides for buying and selling a home have arrived. Let’s connect so you can get the latest copies today.Watch

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Get Your House Ready To Sell This Winter [INFOGRAPHIC] Dec2023

Do today’s mortgage rates have you worried no one’s buying right now? Here’s the truth. There are still more buyers looking to buy than homes for sale. And that’s great news

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Seasonality and how a dovish Fed helps property buyers, seller and investors -- 2023-12-14

Here's a quick update with some relevant news for anyone thinking of buying and selling properties (investors too).  Be sure to look over the seasonality charts at the end of this email '

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Seasonality Study - Houston Single Family Homes - Jan2019 to Nov2023

This is an update I publish and distribute from time to time.  If you'd like this and the other studies sent to you directly, send an email to davejensen@connectrealty.com with your contact

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Celebrate Sustainably: 5 Ideas for an Eco-Friendly Holiday at Home

 It's the most wonderful time of the year. But for many families with festive plans and hectic schedules, it's also the most wasteful.  According to one survey, for example, 60% of

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Houston Rental Market Update -- Nov2023

ELEVATED MORTGAGE RATES DRIVE WOULD-BE HOUSTON HOMEBUYERS TO RENT AGAIN IN OCTOBERHOUSTON — (November 15, 2023) — Single-family home rentals staged another solid performance in

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35 Tips to Furnish Your New Home for Less

  Buying a new home is one of the most exciting experiences in life. And if you’re like most homebuyers, you’ll be planning your furniture placement and decor before the ink

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Thinking about building a new home?

With a shortage of existing homes on the market, new construction can be a compelling option.If you answer “YES” to these five questions, a new build might be right for you.  In

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Income Properties Are Trending, But Is Landlord Life for You?

 If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.  Investing in real estate has long been one

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7 Tips To Attract the Best Offers for Your Home

 Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began

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Why is your credit report so important?

Be totally informed of your personal financial position.  Just know!  Then you can take advantage of investment opportunities as they pop up.  Be aware of how the system works so you

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Top 7 Tips To Attract the Best Offers for Your Home

 Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began

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Houston's massive growth projections -- Can these boomtowns accommodate their new residents?

Experts predict that Houston — along with several other fast-growing cities — will be one of the most populated places in America by 2100. But can these metros actually handle

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Houston Rental Market as of July2023 - Ouch for Renters, Great for Owners!

CONSUMERS SEND RENTALS OF SINGLE-FAMILY HOMES INTO RECORD TERRITORY IN JULYHOUSTON — (August 16, 2023) — Like the temperature, demand for rental homes across Greater Houston soared

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7 Common Homebuyer Regrets (And How To Avoid Them)

 To avoid buyer's remorse, be sure to consider your future self when shopping for a home.  Most new homebuyers don't regret becoming homeowners. In fact, according to a survey by

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Move or Remodel - How to know what makes the best financial sense

Debating whether to remodel your home or start fresh somewhere new?Check out this quick video and reach out to me for a property scorecard. It can help clarify your decision.4 Signs That Moving Is

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Raising Money for Investment Properties - 8 ideas - an excerpt

This is an excerpt from an article on this site https://www.fortunebuilders.com/how-to-raise-capital-for-real-estate-ventures/Pieces of information from anywhere can be useful.  Need a more

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Renovate or Relocate? 3 Questions To Help You Decide

  Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there

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Area School District Valuations & Activity - Another perspective

The heat map I posted yesterday is a good tool for quick glance.  Here's more detail on area school districts.  Some find it a more useful tool.  Just another way to view the same.

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Houston Area Home Values by School District -- July 3, 2023

Every once in awhile it's good to step back and look at the overall market so we are calmly aware and can maintain perspective.  We may think we know where the best areas are, but sometimes it

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National Real Estate Market Update for 2023

 There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra

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HOUSTON’S SINGLE-FAMILY RENTAL MARKET - APRIL2023 UPDATE

SINGLE-FAMILY RENTALS REMAIN THE BRIGHT SPOT FOR HOUSTON HOUSING IN APRILHOUSTON — (May 17, 2023) — Mortgage rate volatility may have cooled home sales in April, but consumers

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How to Become a Homeowner on a First-Time Buyer’s Budget

 It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021,

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HOUSTON’S SINGLE-FAMILY RENTAL MARKET - MARCH2023 UPDATE

HOUSTON — (April 19, 2023) — Consumers kept up their demand for single-family rental homes in March as uncertainty about interest rates and inflation continued to weigh on the

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What’s Going On With Mortgage Rates?

Historically, mortgage rates have followed the 10-year U.S. Treasury yield. A growing number of investors, concerned about instability in the banking sector, are now fleeing to the safety of these

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Quick Heat Map of Houston's Median Home Prices by Zip Code -- 2023-03-30

Here's a quick look at the Houston Single family homes.A heat map showing median home prices by zip code.I can get you a larger map with more detail if you like, by neighborhood? school district?

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Real Estate Stats - Activity in 77379 - Past 30days and a Historical look

When everyone is tucked away waiting for things to get better, you should be out looking for ways to add to your wealth.  Just like 2007-2010, market turbulence brings opportunity.Ok - the-

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My Home Didn’t Sell! Now What?

 When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a

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Top 6 Home Design Trends To Watch in 2023

 Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of

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A Seasonal Guide to Maintaining Your Home

From summer vacations to winter holidays, it seems each season offers the perfect excuse to put off our to-do list. But be careful, homeowners: neglecting your home’s maintenance could put

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Rent (Lease) with a Right to Purchase

Are you renting a place?  Maybe want to buy a place, just not now?  Relocating?  Check out a way you can rent and have a free option to buy the place if you like.  Try it out

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2023 Real Estate Market Outlook (And What It Means for You)

 Last year, one factor drove the real estate market more than any other: rising mortgage rates.In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the

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Single Family Closings in Houston - Past 8 years historical perspective to Nov30, 2022

The transaction volume over the past 30days has declined across the Houston market.  In fact it's dropped pretty steadily since August2022 when we were still at the long run average.  Don

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Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home

Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may

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Is Now a Good Time to Buy a House?

Saw this Kiplinger article and thought it' would be helpful for people to digest the info in there.https://www.kiplinger.com/real-estate/is-now-a-good-time-to-buy-a-houseWhile interest rates are

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Sunday Stats for 77379 - and a Trend Study

Sunday Stats for 77379This is also seen on my Facebook page.  Find, like and follow me for relevant area info.  I'm @houstonrealtordave The market is softening for sure.  Still,

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8 Strategies to Secure a Lower Mortgage Rate

 Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to

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Are you ready? Preparing for a Flood

This is taken directly from the CDC website.  It appears more tidy than the FEMA website guidance, but there's great info in each area.  A hurricane readiness posting will come shortly.

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Recent Property Activity in 77379 - Past 30days to 08-27-22

The market is healing.  the days of multiple offers within hours of going on the market are drifting past us.  Homes are sitting on the market now for a few weeks before getting a.&

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10 Pro Tips for a Smooth Home Move

The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do

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Klein ISD - Market Activity - Past 30days through Aug 13, 2022

The market is healing, meaning properties are not always selling in an hour.  Though we do still see a lot of over list closings.  Deals are getting worked out for the benefit of sellers

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Area High School Housing Snapshot (Klein, The Woodlands, Spring) -- July 14, 2022

The market is leveling out in many areas, but Spring TX is still in a seller's market.  The 2 graphics below give a quick view of where the market is most active.There were 648 homes closed in

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Tomball ISD - Market Snapshot - Past 30days to May 13, 2022

Here's a quick view of the Tomball ISD market for single family homes over the past 30 days.  It is still becoming more active as expected.  The seasonal cycle is following that familiar

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The Woodlands - Market Snapshot - Past 30days to May 12, 2022

Here's a quick recap of the recent market activity in top 10 sections of The Woodlands, TXA good metric to know of is the sale price vs list price ratio.Most sections are getting closed sales prices

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Gleannloch Farms - Trend and Current Snapshot as of May 8 2022

When you're looking to buy or sell property in a given neighborhood, it's best to know what's been going on over time and if the home you own or are looking to buy is priced well.  The trends

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New Construction within 40mi of Downtown Houston - as of May 3, 2022

New construction.  There's a lot going on.  Still, it looks like it's going to take years to catch up with the demand.  Here's a quick snapshot of all new construction activity listed

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HOW TO CURATE ART FOR YOUR HOME

The right artwork can transform any room in a home, plus it has the unique ability to display the homeowner’s personality, character, and energy. Because of that, choosing the right pieces can

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Plant a Veggie Garden! You Can Save Money and Eat Better

With rising food prices, you can save money by growing some of your own fruits and vegetables. It doesn't take a lot of space, it's not expensive to get started, and it's an easy way to get

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April2022 Housing Market Profile & Trend - Klein ISD

Once a month, I publish a market view of a given school district.  Just good for folks to keep a finger on the pulse of their area market.  This month is Klein ISD.This snapshot is a

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Housing Market Trend & Notes - Houston, TX - through March2022

It's good to have something in life that's predictable.  And if you own a property now in the Houston area, you are loving the sharp increase in your home's value.Not sure what that is? 

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Second Home and Vacation Properties

Where is your favorite vacation spot?Do you visit another town often?Have you ever thought of buying property there? If you manage it right, this second property can pay for your vacation and

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Houston Area Housing Trend – the 7 year view

Here's quick view of the housing trend in the Houston area through the end of February 2022.   I'll post an updated study to include March2022 when the data is complete, likely about

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COVID19 Effect on Luxury Single Family Homes - A Timeline

This timeline is an excerpt from the larger "Luxury Market Review" which is a monthly study of the conditions around the country affecting Luxury property transaction activity.  Sales in

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Thinking of selling your home? Take these steps FIRST!

When you’re getting ready to list your home, it’s best to go through a bit of a tune-up.  Look it over with an honest and critical eye and make a few notes of things that should be

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TAKE 5: BACKYARD DIY PROJECTS

Summer is just around the corner so it’s the perfect time to start planning some fun projects for your backyard. Whether you are looking for new ways to entertain and host friends or you want

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Improve your partner's credit without hurting yours

Here are some ways to help a spouse with poor credit.Improving Your Partner's Low Credit Without Hurting YoursIf your partner brings poor credit to the relationship, it can be an issue you should

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Recent housing activity in Klein ISD - as of March 14, 2022

Activity is picking up in the Klein ISD.  This recap gives you a sense of what's going on over the past 30 days in Klein ISD and the image below shows the longer term trend.It's always good to

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How expensive is a low credit score when getting a mortgage

This has been updated to reflect mortgage rates as of Jan2023Your credit score is always important. When it comes to getting a mortgage, it's good to know exactly how expensive a lower credit score

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New Development Announced - Mixed Income in East Houston

Robins Landing on Tidwell Road just east of Mesa Drive, will be on 127 acres and have 468 single-family homes as well as multifamily units and senior housing.  Houston Habitat will build 100

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WAITING FOR A BETTER HOUSING MARKET? SIMPLE ANSWER ... STOP WAITING!

If you’re looking to sell your property?, think over all the strategies.  You’ll get premium sales price today yes, but you have to find the next place to go.  Sale contingent

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Houston wants more ADU's - Add more Income to your property!

There is a lot to like about ADU's (accessory dwelling units) - garage apartments, in-law cottages, granny flats - as a form of housing.Done well, ADUs can help meet the needs for multigenerational

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Some Stats on FSBO Real Estate Deals

Some interesting stats.  It affects a small percentage of the total transaction volume but interesting all the same.Think of this.  You're driving to work in a new town.  You only

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A FUNCTIONAL PANTRY IS FAST BECOMING A MUST HAVE

It may seem a small thing, but a convenient and functional pantry is missing in many homes, and it's a specific desire among most of my clients.  Thinking of selling your home?  Consider a

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New Development near Magnolia & Todd Mission - An example of opportunity

The growth continues.  This is a new article outlining broadly a new development in the far Northwest of the Houston marketplace. The developments continue toward college Station, closing

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Trends in Real Estate - The seasonality of Houston Single Family Home Transactions - Nov2021

The seasonality of single family home transactions is visible when you look at the data.  I find it easier to produce a picture of that data.Generally, every year follows the same pattern.;

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TIPS TO LIGHT YOUR HOME

Lighting is such a crucial aspect of your home and can affect the ambiance, energy, and vibe in each room. However, sifting through the various styles, bulbs, and placement options can feel

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WHAT YOU NEED TO KNOW ABOUT FIXED VS. ADJUSTABLE RATES

You’re about to become a first-time homeowner—this is an exciting time! As you begin working with lenders on securing pre-approval for a mortgage, you probably hear some terms when it

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IMPROVE YOUR LANDLORD PROFITABILITY

As you may know, I'm an active real estate investor who, as a Realtor, also helps folks buy, sell and lease properties;  residential, commercial, and luxury properties alike.   I

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IS NOW A GOOD TIME TO SELL THE HOME?

Coming into the holiday season, it’s easy to put off the idea of selling your home.  But it may be smart to sell sooner than later! Winter may not seem like the ideal season for selling,

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PROPERTY TAXES & EXEMPTIONS IN TEXAS

This is a list of exemptions you may not know about.  Taken directly from the Texas Comptroller’s site (hyperlink at the bottom), these are specific to homestead.  There are others

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5 ESSENTIAL FINANCIAL STEPS TO TAKE BEFORE INVESTING IN REAL ESTATE

If you’ve been thinking about investing in real estate, your best first step is to take a critical look at your finances.Getting your finances in order before you start searching for

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IS DOWNSIZING RIGHT FOR YOU?

Downsizing your home is not just for empty-nesters. There are numerous reasons and situations where this path could be the right one for you and your family!MinimizingOwning a large home and

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SOME TRUTHS ABOUT VIEWING HOMES ONLINE

It’s easy to get sucked into looking at home after home online, drawn to the stunningly filtered photos of manicured lawns, sharp-looking kitchens, and giant bedrooms. Although this is a great

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