Monday, April 9, 2018 / by Brian Ness
Neutrals no more! The main focus now in interior design is color, and it’s go BOLD or go home.
“People are craving more color,” said Anna Shiwlall, owner and principal designer of 27 Diamonds Design. The colors of the year in interior design represent the demand for more colors that convey deeper messages and ulterior meanings.
The colors of the year were caliente for Benjamin Moore, oceanside for Sherwin-Williams and ultra violet for Pantone. Caliente is a strong, radiant red, while oceanside is a more complex, deep color that balances blues and greens together. The ultra violet shade is an enigmatic purple that shows people’s yearning to understand the unknown.
“We’re really working with a lot of jewel tones,” said Laura Edge, owner of L. Ruth Interior Design.
For the spring, interior designers are looking to couple deeper tones with brighter colors. “In terms of your pops of color, coral is still kind of a fun mix in wi ...
Thursday, April 5, 2018 / by Brian Ness
First-time Homebuyers: You're Closer To A Down Payment Than You Think
For many first-time buyers, saving for a down payment is the most difficult step in the home-buying process. However, it's a common misconception that you always need 20 percent down to buy a home. ?
Here’s the lowdown on the most popular low-down alternative payment options:
Traditionally the mortgage of choice for first-time buyers, the Federal Housing Administration (FHA) offers government-insured loans with as little as 3.5 percent down. The most popular FHA loan option, the 203(b), is widely available from lenders across the country. You may qualify with a credit score of just 500, although there may be limitations on some condo purchases.
Home Possible from Freddie Mac
This program allows you to put between 3 and 5 percent down, as long as you intend to use the home as your primary residence, and don't currently own or share ownership of another house. You'll also need to complete a ...
Wednesday, April 4, 2018 / by Brian Ness
While the cliché of wealthy consumers may be that of living a life filled with trust fund–fueled spending sprees, the reality is often much different.
Newly published research from eMarketer on affluent Americans reveals the makeup and behaviors of this segment are nuanced and complex. Specifically, the demographics and spending habits of the group vary significantly from how they’re often portrayed.
Here are some of the key insights from the report, which was based on a range of sources, including U.S. government data and recent surveys:
DemographicsContrary to the idea of inherited-wealth playboys and kept women, affluent Americans are in fact more likely to be married and more likely to live in households with two income-earning adults than the population at large, the analysis found.
A poll from Deseret News and the Center for the Study of Elections and Democracy at Brigham Young University, as cited by eMarketer, found that 70% of Am ...
Sunday, April 1, 2018 / by Clark Jones
So you've decided to buy a home. Perhaps you're tired of renting or your current home just doesn't suit your needs anymore. Perhaps you have a life event that may have pushed you toward this decision. Whatever the case may be. Well, this article will help to jump start your buying process.
The mistake that too many new home buyers make is they want to immediately jump into looking at homes. They've made the decision to buy and are super excited to start. This can be a monumental mistake. Why? Too often people are in "la-la" land or in a fantasy world and want to visit homes that they think are pretty cool on line. They've always wanted a big home. They've always wanted a huge kitchen or perhaps a large yard. So they see the home of their dreams on line, call a Realtor who they don't even know or have interviewed, and next thing you know they're standing in this beautiful home. The Realtor asks them ...
Saturday, March 31, 2018 / by Brian Ness
March 2018 Housing Report: 4 Things to Know
One word sums up February home sales across the country – inventory. The lack of homes for sale continues to be the key factor as February marks the third consecutive month of year-over-year declines in home sales, coupled with quick sales and record prices. Here are key points from March’s report:
1. Slightly fewer transactions occurred
Of the 52 metro areas surveyed in February 2018, the overall average number of home sales increased about 3 percent compared to January 2018 and decreased .2 percent compared to February 2017. The beginning of the year is typically a slower selling season, but buyers should still work with their agents to navigate the competitive market.
2. Low inventory is driving prices up
The median sales price of a home sold in February was $228,700. That's nearly 8 percent higher than the median sales price in February 2017 and marks the 22nd consecutive month of year-over-year price increases.