REAL ESTATE BLOG

Discover a world of knowledge! From buying and selling advice and local market news to home renovation tips and community events - it's all here! Feel free to leave a comment or question on any blog and you will surely receive a response.

Thursday May 23rd, 2024 Share

Paint Firm Wants You to Give Its Worst Paint Color a Try

It’s bold, but is it beautiful? By: Melissa Dittmann Tracey Sherwin-Williams has launched a campaign to get more people to try what it’s calling “the loneliest color.” Kingdom Gold, a yellowish gold with green undertones, is one of the paint brand’s least popular selling colors. However, they believe homeowners are missing out on what a yellow pop could do to their interiors. Sherwin-Williams partnered with global fashion icon, Daniel Day, known as...

Thursday May 16th, 2024 Share

How a Pop of Pastels Can Cheer Up a Home’s Interiors

Create a warm, welcoming space by softening up the color palette. The softer shades of pastels can bring warmth to a living space, adding color but not in an overwhelming way. Touches of lighter shades can look luxurious and home stagers are turning to the hues to stage properties for sale. See how luxury developments across New York City are embracing the pastel color trend. 77 Greenwich(link is external) The luxury residential condominium features model residences that bring in...

Thursday May 9th, 2024 Share

‘I Wouldn’t Have This in My Kitchen’

Here are kitchen design don’ts to avoid, according to an interior designer. When designing your kitchen, there are so many things to consider, from the colors and layout to the appliances and materials. A kitchen design should be thought of as a long-term investment, considering it’s one of the most expensive areas to renovate in a home. Yet, two-thirds of about 2,000 consumers recently surveyed about their kitchen remodel say they have design regrets, according to a...

Thursday May 2nd, 2024 Share

The Most, Least Desired Home Styles

Online views for real estate listings may provide insight into the architectural styles home buyers favor. By: Melissa Dittmann Tracey Americans love a ranch-style home, which is the most admired home layout in 19 states, according to a new study from American Home Shield. Researchers analyzed thousands of real estate listings across the country to identify which common home styles are most and least admired in the U.S. Preferences in house style can differ...

Thursday Apr 25th, 2024 Share

5 Trendy Ways to Add More Color to the Bathroom. The all-white spa is getting color drenched.

By: Melissa Dittmann Tracey The typical all-white bathroom is getting a color treatment. In its 2024 trends report, Wow Design(link is external) shows how more color is entering bathroom design. 1: Nature-Inspired Hues From Wow Design’s trend report: “Small tiles in a mix of warm and neutral shades can be harmoniously combined on walls and floors to tell a story, transforming living spaces into cozy, meaningful backdrops.” Casa Lagos, The...

Thursday Apr 18th, 2024 Share

4 Modern Outdoor Styles You’ll Envy

Outdoor spaces have been getting an upgrade with luxury finishes you’d expect to find inside the home, enabling year-round enjoyment. These spaces have carved-out, cozy areas that feature comfy sofas for curling up next to an outdoor fireplace. Check out these designer spaces for inspiration. Indoor-Outdoor Blends Bianca Ecklund Design,(link is external) Southern California Designed by: Bianca Ecklund Design / Photo by Lauren Taylor  A Tropical...

Thursday Apr 11th, 2024 Share

Inside the ‘Ugliest House’ in America’s Transformation

By: Melissa Dittmann Tracey A 134-year-old farmhouse in Williamsburg, Va., earned the title of “Ugliest House of the Year” from HomeVestors of America in 2023. However, the property has overcome its dilapidated past with an impressive remodel.  The 2,277-square-foot home, which was originally built in the 1890s, had been severely neglected. In the 1960s, the land surrounding the home was developed into a neighborhood, but the farmhouse, sitting on 70 acres, was...

Thursday Apr 4th, 2024 Share

How to Choose the Best Creamy White for Your Space

By: Melissa Dittmann Tracey Don’t underestimate how a coat of white paint can add depth and character to your interiors—but make sure you choose the right white. Photo credit: C2 Paint White paint isn’t all the same. There is an infinite array of whites to choose from, including stark and creamy shades. “Each has their DNA,” says Philippa Radon, C2 paint and design expert. “Those heralding a creamier, softer side seem to be drawing...

Thursday Mar 28th, 2024 Share

How the New Generation Is Changing Home Buying

Young buyers are researching real estate agents and properties on social media. Content sponsor get.realtor helps you amp up your online presence. © anyaberkut - iStock/Getty Images Plus A new generation of home buyers is beginning the house hunt not by searching online listings but by participating in virtual tours and open houses. Instead, young buyers are connecting with REALTORS® and researching properties and neighborhoods on social media platforms like TikTok,...

Thursday Mar 21st, 2024 Share

In Honor of Women's History Month, a Look at Successes and Challenges for Women in Homeownership

By: Amethyst Marroquin In March 1987, Congress passed a resolution establishing March as Women’s History Month. Women's History Month gives us a chance to celebrate and recognize the contributions, achievements, and struggles of women throughout history. As we celebrate Women's History Month, it's worth noting the impressive progress women have made in the realm of homeownership, overcoming plenty of hurdles along the way. We're seeing more and more women becoming...

Thursday Mar 14th, 2024 Share

10 Highlights From the 2024 New American Home

By: Melissa Dittmann Tracey ©2023 Levi Ellyson/501Studios, courtesy Pro Builder Media Nestled within a desert landscape, the 2024 New American Home—a newly constructed property with the latest homebuilding advancements, which was unveiled at the International Builders’ Show in February—shows off ultra-energy efficiency, the latest smart technology, and blended indoor-outdoor spaces. This year’s home spans 7,722 square feet and features five...

Thursday Mar 7th, 2024 Share

Colors to Avoid When Selling a Home

By: Melissa Dittmann Tracey There’s a reason why home stagers prefer white or neutral colors when preparing a home for the market. Some colors can be distracting and a turn-off to home buyers.  Photo credit: Archideaphoto / Getty Images Rethink a red-painted living room or dining area; red is the most off-putting color, according to a survey of home staging and design professionals conducted by the home remodeling site Fixr.com.(link is...

Thursday Feb 29th, 2024 Share

A ‘Prime’ Listing: The House Where Amazon Was Born

By: Melissa Dittmann Tracey The listing agents have preserved the history of the property where Jeff Bezos invented his trillion-dollar company. © Mai Huang The home in Bellevue, Wash., where Jeff Bezos started Amazon out of the garage is under contract thanks to the listing agents’ smart, throwback marketing. The blank-slate garage(link is external) in the remodeled three-bedroom, two-bathroom house features a replica of the famous 1990s-era...

Thursday Feb 22nd, 2024 Share

Kitchen Trends to Watch for in 2024

By: Melissa Dittmann Tracey Watch for the fusion of nature, technology, and personalization to make a bigger statement in kitchens, with attention to sustainability, functionality, and aesthetics, says Jen Nash, head of design at Magnet,(link is external) a U.K.-based kitchen retailer. Nash offers her predictions for the kitchen trends she expects to catch on in 2024, including:  Black Kitchens Photo credit: Magnet Over the last year, black has become...

Thursday Feb 15th, 2024 Share

Home Exteriors Try on 2024 Colors of the Year

You may have already spotted many of the 2024 Colors of the Year inside homes—but how about outside? Jackie Mosher, cofounder of Dzinly, a virtual design platform that allows users to test different home exterior features, says a pop of color may be just what a home needs to spice up its curb appeal in the new year. From darker grays to every shade of blue, Dzinly’s virtual platform offers an illustration of how some of the 2024 Colors of the Year could work on a...

Thursday Feb 8th, 2024 Share

Home Designer Shares ‘Ins’ and ‘Outs’ for 2024

What home improvement projects should your clients take on this year? After crunching the latest data from Thumbtack, a home services website, design expert Morgan Olsen chimes in with her picks for the “ins” and “outs” of the new year. IN: Smarter homes Photo credit: ArchiViz / Getty Images Engineering and technical design services have jumped 105% year over year as more homeowners seek to invest in smart-home upgrades. This may include everything from...

Thursday Feb 1st, 2024 Share

Hot Home Trend: New Storage Solutions to Hide Clutter

By: Melissa Dittmann Tracey Storage is a coveted amenity for homeowners and home buyers alike. Some of the latest design trends for 2024 are helping to clear the clutter discreetly and stylishly. Houzz, a home remodeling website, expects “appliance garages” to be a growing home trend for 2024. These nooks conceal countertop appliances, like blenders, coffee makers, and toasters—while also keeping them easily accessible and organized. “While they have been...

Thursday Jan 25th, 2024 Share

Flashback: 1995 in the Housing Market vs Today

By: Jessica Lautz Reminiscing on 1995, one might recall a typical Thursday night watching Seinfeld (pre-DVR) and a Friday night hitting up the local Blockbuster to grab the latest release (was a double feature of Braveheart and Clueless the first "Barbenheimer?"). Their office computer might be running Windows 95, and the internet was in its infancy. Only 2% of home buyers looked for homes online that year—it was 100% last year. So why the comparisons to 1995? At...

Thursday Jan 18th, 2024 Share

Home Stager Reveals 4 Hot Trends for 2024

Say goodbye to the ordinary as home design moves toward the extraordinary with an extra-personalized aesthetic. By: Krisztina Bell Homes today fulfill a lot more purposes, providing comfort, wellness, and an eco-friendly and personalized space—all in a technological way. Home layouts are being reconfigured, too. Dining rooms have become nearly extinct, living spaces are being designed for flexibility, and wellness rooms are channeling more positive vibes. Homes have been...

Thursday Jan 11th, 2024 Share

5 Trendy Home Design Details for 2024

From mixed-up backsplashes to fluted accents, here are a few of the home trends that add a more customized touch. By: Melissa Dittmann Tracey Home design is moving past all-white and neutral colors to a more personality-infused style that focuses on the details, big and small. From texturized prints to one-of-a-kind pieces, home design in 2024 will offer plenty of bolder interiors and exteriors. Houzz,(link is external) a home remodeling site, offers up a few of the home...

Thursday Jan 4th, 2024 Share

4 Winter Decor Ideas Trending on Pinterest

Try these looks to cozy up your home staging this winter. As the nights get colder, our homes should feel cozier. Pinterest is showcasing several trends to do just that. RubyHome Luxury Real Estate in Los Angeles researched the latest search data on Pinterest to uncover trending interior design styles for this winter. They also offer ideas on how to channel each trend into a home or listing. 1. Winter front porch decor Consumer interest for “winter front porch decor” is...

Thursday Dec 28th, 2023 Share

The 5 Most Popular Styled, Staged & Sold Blog Posts of 2023

By: Melissa Dittmann Tracey Exterior color trends, scream-worthy 2023 styles, and home staging trends and tips were “hot” topics in 2023 at the Styled, Staged & Sold blog. Here were the top five published articles from the blog in 2023: Photo credit: Alside 5 Most Popular Colors for a Home’s Exterior Homeowners aim to lighten up their home’s look on the outside, a new survey finds. Photo credit: ArchiViz / Getty Images 10...

Thursday Dec 21st, 2023 Share

Home Staging for the Holidays

By: Melissa Dittmann Tracey You don’t have to rid your wintertime listing of its holiday spirit just because it’s on the market. Many home stagers say they still like to incorporate décor of the season. But they emphasize that subtlety is key. One of the hottest holiday decorating styles this year—Scandinavian design—offers a minimalist look along with a festive flair. The style embraces simplicity and focuses on neutral color tones as well as natural...

Thursday Dec 14th, 2023 Share

4 Trending Holiday Styles: ‘Mantlescaping,’ ‘Candycore’ and More

By: Melissa Dittmann Tracey Holiday decorations are channeling the most popular home design trends, bringing holly, jolly vibes that move beyond the classic red-and-green color palette. Etsy’s 2023 Holiday Trends(link is external) report recently called out some of the buzzworthy styles trending this holiday season, including: Candycore Photo courtesy: Etsy Channeling the “Barbiecore” and “Mermaidcore” design fads,...

Thursday Dec 7th, 2023 Share

Blue May Become Red-Hot in the New Year

Many paint companies have chosen a variation of this universal color as their pick for the 2024 Color of the Year. Several choices for the 2024 Color of the Year are looking a little blue. Blue tends to mix well with white, beige, and gray, which are popular interior colors. So, blue home accessories—or even a blue accent wall—may be the perfect compliment. Every year, major paint companies make their predictions for the hottest colors in home design in the new year. Many...

Thursday Nov 30th, 2023 Share

October 2023 Existing-Home Sales Fall to Lowest in 13 Years

By: Michael Hyman NAR released a summary of existing home sales data showing that housing market activity this October declined 4.1% from September 2023. October’s existing home sales reached a 3.79 million seasonally adjusted annual rate. October’s sales of existing homes weakened 14.6% from October 2022. The national median existing home price for all housing types reached $391,800 in October, up 3.4% from a year ago. Regionally, in October,...

Friday Nov 24th, 2023 Share

Instant Reaction: Mortgage Rates, November 16, 2023

By: Jessica Lautz Mortgage interest rates are showing signs of relief for home buyers. They have now dropped to 7.44% from 7.5% the week prior. The three-week drop is a steady sign we likely have hit a peak and are headed south for mortgage rates, especially as the 10-year treasury continues its fall from a peak of 5% to 4.4% today. Late fall and early winter are typically slower home sales months, as home buyers generally do not want to uproot their family in the middle of the...

Thursday Nov 16th, 2023 Share

Hot Home Trend: Stainless Steel Kitchens

By: Melissa Dittmann Tracey The metallic sheen of stainless steel is evolving beyond appliances—to countertops and cabinets. Google searches for “stainless steel kitchen islands” are up 200% year over year, while searches for “stainless steel kitchen pantries”—which are outfitted with shiny metal shelves and carts—also are experiencing a rapid rise, according to a recent report from Magnet,(link is external) a U.K.-based kitchen...

Thursday Nov 9th, 2023 Share

Reaching a ‘Golden’ Milestone in Digital Realty

By: Wes Martin Content sponsor Real Estate Webmasters earns top awards for its custom websites, which give agents and brokers a powerful online presence. © Antonio_Diaz - iStock/Getty Images Plus One of the cornerstones of the real estate industry is continually seeking innovation to curate a seamless buyer and seller experience. A shining example of this is Real Estate Webmasters(link is external), a technology and consulting firm that set a benchmark in the...

Thursday Nov 2nd, 2023 Share

Scary Real Estate Stories: The House Is Vacant, But Someone’s Home…

By: Victoria Holmen To get in the Halloween spirit, we asked real estate professionals to share their creepiest stories from the field. © Vitalii Petrushenko - iStock/Getty Images Plus We love ghost stories. Ever heard this one? For Halloween, we asked real estate professionals to share their creepiest stories from their time working in the field. And based on what we received ... well, let's just say your clients may not want to know what’s lurking out...

Thursday Oct 26th, 2023 Share

Pickleball Helps Florida Broker Net Real Estate Deals

By: Melissa Dittmann Tracey Jay Granieri of One Sotheby’s International Realty in Fort Lauderdale says America’s fastest-growing sport is a perfect match for finding new leads. © Courtesy of Jay Granieri REALTOR® Jay Granieri, foreground, has picked up the sport pickleball, which offers a unique opportunity to expand his sphere, he says. Jay Granieri discovered his love for pickleball as the sport realized a massive resurgence in American popularity...

Thursday Oct 19th, 2023 Share

10 Horrifying Home Design Trends: 2023 Edition

By: Melissa Dittmann Tracey You needn’t be scared of the bold and colorful styles spicing up more interiors lately. (Yes, that even includes Barbiecore—for now.) Instead, the aesthetics that have grown tiresome in the eyes of many designers tend to fail at successfully balancing that fine line between too little and too much, along with embracing some unusual shapes (hello, blobs and spray foam!) and scratchy fabrics (we see you, bouclé).  Each year, new...

Thursday Oct 12th, 2023 Share

18 Book Recommendations From Young, Successful Real Estate Agents

By: Abby Shah Are you hungry for wisdom from those who have navigated the complex terrain of the housing market and emerged victorious? In the world of real estate, recommendations from members of the 2023 class of 30 Under 30 can be invaluable. Whether you're a new real estate professional or simply looking to expand your literary horizons, prepare to add some compelling titles to your reading list as we explore the literary favorites of these rising stars in the real...

Thursday Oct 5th, 2023 Share

4 Trending Kitchen Backsplash Ideas

Accent the kitchen counters by dressing up what you put behind them. By: Melissa Dittmann Tracey The backsplash is an important accent when you want to spruce up the kitchen. The home remodeling site Fixr recently surveyed designers and highlighted some of the most popular backsplash trends. (link is external) Subway Tiles Photo credit: YinYang / Getty Images A classic style remains popular. Subway tiles can be stacked horizontally or installed in herringbone...

Thursday Sep 28th, 2023 Share

Staying Safe in the Residential Real Estate World: A REALTORS® Guide

By: Sidnee Holmes The world of residential real estate is exciting and full of opportunities, but it also comes with unique safety considerations. Meeting prospective clients, often for the first time, is integral to the job. Recent data on residential REALTOR® safety looks at how professionals in the field are taking proactive steps to protect themselves while serving their clients. Let's take a look below. Meeting Prospective Clients According to recent data, 65% of...

Thursday Sep 21st, 2023 Share

Staging a Vacant Property: From Blank Slate to ‘Home, Sweet Home’

By: Melissa Dittmann Tracey Don’t leave a listing’s interior blank. The sellers may have already moved out, and the emptiness left behind can make for a bad first impression to buyers who want to visualize how to use the space. The emptiness also could make rooms look smaller. Home stagers can help to paint the picture with a few furnishings and accessories, like plants, tabletop accents, pillows, and blankets. Nikki Watson, founder of The Design Quad in Dallas, and her...

Thursday Sep 14th, 2023 Share

Reinvent the Side Yard as a Courtyard

Every part of that yard—even the sides of it—can be part of creating that outdoor oasis. By: Melissa Dittmann Tracey More homeowners are looking to the side areas around their homes, aiming to maximize every square inch of their outdoor space. Lot sizes are becoming smaller at a time when homeowners want to get more use out of their yards, including entertaining, relaxing, gardening, and cooking. Home buyers, too, are eyeing the potential of outdoor space when...

Thursday Sep 7th, 2023 Share

Add a Color Punch to That All-White Bathroom

By: Melissa Dittmann Tracey More color is entering bathroom design, as the all-white floors, tiles, and cabinets are growing more blah and forgettable in the eyes of designers. A recent survey from the home remodeling site Fixr found that more than a quarter of designers called “all-white bathrooms” one of the trends they most hope will go away in 2023. Instead, designers say it’s all about adding more color into bathroom design this year. And nearly 60% of...

Thursday Aug 31st, 2023 Share

August 2023 Commercial Real Estate Market Insights

By: Oleh Sorokin While recent economic and market indicators remain mixed, commercial real estate continued to slow down in July. Interest rates have risen at the fastest pace in decades, although inflation dropped to 3.2%. In the meantime, the banks have already reported tighter standards and weaker demand for all commercial real estate loan categories, according to the Federal Reserve’s July Senior Loan Officer Opinion Survey. With the recent U.S. credit downgrade, getting a...

Thursday Aug 24th, 2023 Share

Where Real Estate Fits Into the ‘Summer of Girl Power’

By: Dina Cheney From Beyoncé to “Barbie,” women are having a big moment. But in real estate, women have long been a force to be reckoned with. © Iryna Veklich - Moment/Getty Images CNN calls 2023 the “summer of girl power(link is external).” The Wall Street Journal declared recently, “Women Own This Summer—The Economy Proves It(link is external).” The billion-dollar box-office smash...

Thursday Aug 17th, 2023 Share

Affordability Conditions Continue to Weaken in June 2023

By: Michael Hyman At the national level, housing affordability declined in June compared to the previous month, according to NAR’s Housing Affordability Index. Compared to the prior month, the monthly mortgage payment increased by 6.6%, while the median price of single-family homes increased by 3.6%. The monthly mortgage payment increased by $135 from last month. Compared to one year ago, affordability fell in June as the monthly mortgage payment climbed 12.1% and median...

Thursday Aug 10th, 2023 Share

Best Practices and Experiments Using AI in Real Estate: Recap from REALTOR® Magazine

Artificial intelligence is changing how agents and brokers do business. REALTOR® Magazine’s article Start Experimenting With AI Now helps real estate professionals stay on top of this emerging technology, and ways to use it, as well as provide pointers on what to avoid. Take tomorrow’s tech for a test drive today. Attend the iOi Summit, August 29-30 in Miami Beach, FL. Register(link is external) Talk of artificial intelligence seems to be...

Thursday Aug 3rd, 2023 Share

Smart Home Devices for Modern Homeownership: Recap from REALTOR® Magazine

REALTOR® Magazine’s Ultimate Smart Home Series helps real estate professionals and homeowners discover the best ways to incorporate smart home technology into your home life. Take tomorrow’s tech for a test drive today. Attend the iOi Summit, August 29-30 in Miami Beach, FL. Register(link is external) As technology continues to shape the way people interact with their homes, here are five key advancements from REALTOR® Magazine’s recent...

Thursday Jul 27th, 2023 Share

The Most Popular Finishes for Bathroom Remodels

Updating a bathroom can help increase a home’s appeal. Find out consumer preferences when it comes to preferred updates. By: Melissa Dittmann Tracey   Photo courtesy: Signature Hardware and James Martin Vanties at Ferguson Bath, Kitchen & Lighting Gallery / Linear Vanity, and Lentz Faucet Wet baths—which are, essentially, open-concept bathrooms—have been gaining popularity. But two-thirds of consumers say they still prefer a standard bathroom...

Thursday Jul 20th, 2023 Share

Media Misunderstands Culture of Safety in Real Estate

By: Tracey Hawkins Security expert Tracey Hawkins, host of a new real estate safety podcast, deconstructs a recent article from The New York Times that calls out the lack of protections for agents and brokers. Ian Nolan / Cultura / Getty Images The New York Times recently painted(link is external) the real estate industry as encouraging dangerous business practices in pursuit of a deal while offering little protection and safety guidance to agents and...

Thursday Jul 13th, 2023 Share

Instant Reaction: Inflation, July 12, 2023

By: Lawrence Yun Share Low inflation means low mortgage rates. Therefore, decelerating consumer prices could steadily lift home sales and increase home production in a few months. CPI rose by 3% from one year ago, which is much lower than the 8–9% hikes of last summer and is the slowest gain in over 2 years. Falling gasoline prices and healthcare service costs were helpful. Rents are still climbing at a brisk pace, rising by 8.3%, but have turned the corner for sure....

Thursday Jul 6th, 2023 Share

Home Maintenance Checklist to Avoid Costly Repairs

Seventy-eight percent of homeowners say they have buyer’s remorse over purchasing their home within the last 12 months, mostly because of unexpected repair costs, according to a survey from Hippo, a home insurance group. Proactive home maintenance, however, can help ward off many repair nightmares. After all, two-thirds of homeowners who experienced a repair issue admit the problem could’ve been prevented with proactive maintenance, another Hippo survey finds. (link is...

Thursday Jun 29th, 2023 Share

Built-for-Rent is a Growing Market Segment

By: Jessica Lautz There is good news to be celebrated in the new home sector. All measures, from new home sales to housing starts to building permits and housing completions, are up year-over-year. Given the dearth of housing inventory in the Existing-Home Sales sector, this is cause for celebration. Many current homeowners are unlikely to ditch their golden handcuffs of low-interest rate mortgages and may have some separation anxiety with moving. New home inventory...

Thursday Jun 22nd, 2023 Share

How Light Fixtures Can Transform a Space

Often referred to as the jewelry of home design, try dressing up a home with these three lighting trends. By: Krisztina Bell The right lighting fixture can play a prominent design role, modernizing and upgrading the style of a space. I recently spotted several lighting trends while attending the recent Spring Market for designers in High Point, N.C. Here are a few: Black fixtures. Black is classic and dramatic, and it can fit into a traditional look or provide a modern...

Thursday Jun 15th, 2023 Share

Envisioning the Future

Trying to Predict the Future Is Fraught with Peril Few would argue that we are living in turbulent times. Experts across disciplines have adopted an acronym for the current business environment that was first coined by the U.S. military to describe the chaotic situations in modern war-torn landscapes: VUCA, which stands for volatility, uncertainty, complexity, and ambiguity. This is how we now describe our current business environment. Volatility, amplified by accelerating change,...

Thursday Jun 8th, 2023 Share

Transform a Dated Oak Staircase

The staircase is often in a prominent spot in a home and can set the tone for the rest of the home. Here are some ways to freshen its look. By: Melissa Dittmann Tracey In the 1990s, oak staircases with oak railings and stair treads were commonplace. But nowadays, the oak staircase is dated and no longer matches lighter design styles. Homeowners are finding that there are plenty of things they can do to give an oak staircase a modern update. Here are a few ideas: Paint the...

Thursday Jun 1st, 2023 Share

The Hottest Stain Colors for Your Deck in 2023

By: Melissa Dittmann Tracey Deep, rich brown stain colors are splashing across back decks, porches, and even front doors this year. The paint firm Behr announced its first-ever Stain Color of the Year: Cordovan Brown. It’s a classic, dark brown shade that still allows the wood grain to pop through. The deeper stain color can ground space and pairs best with softer, lighter, natural colors for furnishings or accents, designers note. You might pair Cordovan Brown with Blank...

Thursday May 25th, 2023 Share

Renovated to Sell: Inside a Home Makeover That Paid Off

Photo courtesy: Freemodel About the home: Three bedrooms, one bath, 1,050 square feet Location: San Mateo, Calif. Estimated value before renovations: $900,000 Sale price after renovations: $1.3 million (sold in February) About the Renovation Designer Azary Khalfan of Freemodel, a presale home renovation company, worked with real estate agent Alana Corso of Christie’s International Real Estate Sereno to target home improvements with high ROIs that would put this home on...

Thursday May 18th, 2023 Share

Green-Friendly Home Updates Come Big and Small

By: Melissa Dittmann Tracey Home buyers are willing to spend an extra $50,000 for an eco-friendly home that saves on energy costs, according to a new report(link is external) from Payless Power, an energy provider based in Texas. “With energy costs skyrocketing for households across the U.S., many are looking for ways to reduce their reliance on energy providers,” the report notes. The company surveyed more than 1,000 Americans to examine their energy use and...

Thursday May 11th, 2023 Share

Beat the All-White Kitchen Blahs With More Colorful Options

Whether channeling a more natural or coastal vibe, more renovators are using color in the hopes that their kitchens leave a more lasting impression. Photo credit: Magnet Kitchens Colors are spicing up the kitchen design. Magnet, a kitchen retailer based in the United Kingdom, recently analyzed sales trends as well as social media and Google search data among U.S. and U.K. consumers to identify the most popular trends. Say goodbye to all-white, cookie-cutter kitchens as colors like...

Thursday May 4th, 2023 Share

Inventory Constraints Contribute to a Dip in Pending Sales in March 2023

By: Michael Hyman NAR released a summary of pending home sales data showing that March's pending home sales pace fell 5.2% last month and 23.2% from a year ago. Pending sales represent homes that have a signed purchase contract on them but have yet to close. They tend to lead existing-home sales data by 1 to 2 months. All four regions showed double-digit declines from a year ago. The West had the largest dip of 32.2%, followed by the Northeast with a drop in...

Thursday Apr 27th, 2023 Share

Cold Interiors Get Infused With More Warmth, Texture

One remodeling firm says more customers are looking to liven up predominantly white and gray rooms. Minimalist interiors may be losing favor to more memorable, texture-filled, or color-drenched styles. Even all-white, spa-like bathrooms are getting more colorful and textured. Liston Design Build, a home remodeling contractor, identifies the following trends that they believe will shape many homeowners’ decisions and purchases this year. All Those Cozy, Warm...

Thursday Apr 20th, 2023 Share

Study: Staging Paramount as Homes Begin to Linger

Properties aren’t selling as quickly as they did just a year ago, making pre-listing prep all the more important, the NAR report finds. Melissa Dittmann Tracey Home buyers, many of whom are stretching their budgets to the max, are clamoring for move-in-ready properties that don’t require extra repair expenses. Home staging can boost the move-in-ready appeal and sway buyers—even if the home isn’t in pristine condition, according to the National...

Thursday Apr 13th, 2023 Share

Instant Reaction: Inflation, April 12, 2023

By: Lawrence Yun Calmer inflation means lower mortgage rates, eventually. The 5% consumer price inflation in March is a steady improvement from 9% last summer, 8% in autumn, 7% during Christmas, and 6% in the early months of this year. The ideal inflation of 2% is still maybe a year away, but this directional improvement is a clear signal to the Fed to change it's tightening monetary policy, especially considering that many regional banks are still on the edge of further...

Thursday Apr 6th, 2023 Share

5 Most Popular Colors for a Home’s Exterior

By: Melissa Dittmann Tracey Source: Alside The majority of homeowners say they would like to lighten up their home’s exterior with a neutral color palette, according to a new survey of more than 1,400 respondents conducted by The Harris Poll and commissioned by Alside, an exterior building product firm. The top five most popular siding colors for 2023, as identified by survey respondents, are: Off-white/cream White Light gray Light brown Medium...

Thursday Mar 30th, 2023 Share

Housing Affordability Conditions Improved in January 2023 for the Third Consecutive Month

By: Michael Hyman At the national level, housing affordability rose in January compared to the previous month, according to NAR’s Housing Affordability Index. Compared to the prior month, the monthly mortgage payment decreased by 3.3% while the median price of single-family homes declined by 2.4%, making home buying more affordable in January. The monthly mortgage payment decreased by $62 from last month. Compared to one year ago, affordability fell in January as the...

Thursday Mar 23rd, 2023 Share

Homes Are Channeling Biophilic Vibes

By: Melissa Dittmann Tracey Biophilic design is all about infusing nature into a home’s style. A part of the wellness movement, the biophilic design aims to satisfy our innate desire for a greater connection to nature. Homeowners and interior designers are increasingly finding ways to incorporate natural vibes by adding plants and greenery, natural light, and water features. The trend involves much more than sticking a houseplant in the corner of a...

Thursday Mar 16th, 2023 Share

A Stunning Stat: There Are More American Households With Pets Than Children

By: Jessica Lautz Did you know there are currently more households with pets than with children? According to the U.S. Census, the share of families with children living in their homes under the age of 18 has continued to decline. The share with children in 2022 stands at 40%, down from 48% in 2002. This is likely for two reasons: birthrates overall have been declining (outside of the increase in the last year), and there is a large share of Baby Boomer households whose children...

Thursday Mar 9th, 2023 Share

5 Do-Gooders Who Embody the REALTOR® Spirit

By: Catherine Mesick NAR members make a difference in their communities every day. The REALTORS® Are Good Neighbors program shares heartwarming stories on social media. © MicroStockHub - iStock/Getty Images Plus Every November, the National Association of REALTORS®’ Good Neighbor Awards honors five members who have given generously of their time to help their communities through volunteer work. Winners in 2022 supported people...

Thursday Mar 2nd, 2023 Share

Pedestrian Plaza Helps Transform Belleville Transit Center

By: Ron Deedrick Commuters in Belleville, Ill., now have a bright, vibrant pedestrian plaza with live greenery thanks to the REALTOR® Association of Southwestern Illinois (RASI). Working in partnership with Citizens for Modern Transit, AARP, the St. Clair County Transit District, and the City of Belleville, RASI helped to create a greenspace/arts plaza around the Belleville Transit Center for commuters to enjoy. The original site was dilapidated and drab. “When we...

Thursday Feb 23rd, 2023 Share

Which 2023 Color of the Year Is Your Favorite?

By: Melissa Dittmann Tracey From Pantone’s Viva Magenta to Sherwin-Williams’ Redend Point, the 2023 Colors of the Year—reddish and pinkish hues—may serve as inspiration for your clients’ next home improvement project. “People are ready to bring color back into the home, taking a step outside their color comfort zones,” says Andrea Magno, director of color marketing and development at Benjamin Moore. The paint firm chose a red-orange hue...

Thursday Feb 16th, 2023 Share

7 Kitchen Renovation Trends to Watch

By: Melissa Dittmann Tracey From opening up kitchens to the outdoors to shifting cabinet styles, a range of kitchen trends are moving away from all-white, cookie-cutter designs to featuring a variety of fixtures and finishes. In the new 2023 U.S. Houzz Kitchen Trends Study, about 3,600 homeowners who’ve recently remodeled their kitchen or are in the process of doing so share what’s topping their to-do renovation list. Here are some of the trends that emerged: 1....

Thursday Feb 9th, 2023 Share

All in the Family: Multi-Generational Home Buying

By: Jessica Lautz Multi-generational home buying is a way for families to care for one another, support one another, and often buy a home that may have been previously out of reach. Multi-generational buying may be a home where families live in the same home with elderly parents, children who have boomeranged back home, or other extended family members. While this is not a new concept of living, it is one which has gained recent popularity. This past year, NAR collected data in...

Thursday Feb 2nd, 2023 Share

Putting the ‘Fabulous’ in Prefab

The new book explores the latest innovations in modular housing, a construction method that is winning admirers—including actor Robert Redford. © Gordon Scott This modular house in Los Angeles, like all of the homes featured in Sheri Koones’ book “Prefabulous for Everyone,” has green and energy-efficient features like mini split heat pumps, ENERGY STAR appliances, and high-performance windows and doors. Sheri Koones never expected to become an expert on...

Thursday Jan 26th, 2023 Share

Existing-Home Sales Fell Steadily Throughout 2022 and Into December

By: Michael Hyman NAR released a summary of existing-home sales data showing that housing market activity this December declined 1.5% from November 2022. December’s existing-home sales reached a 4.02 million seasonally adjusted annual rate. December’s sales of existing homes weakened by 34.0% from December 2021, marking eleven consecutive months of home sales declines. December’s annual figure of 5.03 was the lowest since 2014 when the sales pace was at 4.94...

Thursday Jan 19th, 2023 Share

5 Home Improvement Trends to Watch, According to Handyman Pros

The remodeling boom continues. Here are some popular house projects that handyman professionals are increasingly being called upon to help with. A handyman can help with a range of home remodeling projects. Derek Christian, owner of the Handyman Connection in Blue Ash, Ohio, offers some of the trends he’s noticing with remodels: 1. Airbnb-friendly spaces “We are seeing a big trend toward consumers, especially younger first-time home buyers, creating a second rentable space...

Thursday Jan 12th, 2023 Share

Hot Home Trend: Gothic Glam

Here’s one home style that could be described as eerily bold. Ferguson Bath, Kitchen & Lighting Gallery’s latest style report, “2023 Trends & Influences IX(link is external),” calls out “gothic glam” as a trend to watch in the new year. Signatures of this look include statement lighting fixtures, such as wrought-iron chandeliers and candelabras. To soften the style, pair it next to tall windows that flood a room with natural light, but also add...

Thursday Jan 5th, 2023 Share

3 Features Dating Your Exterior and How to Fix Them

A few updates—big or small—can dress up a home’s outside. By: Melissa Dittmann Tracey Buyers get their first impression of a home from its exterior, and a dated look on the outside may signal to them that the inside needs work, too. Jackie Mosher, cofounder of Dzinly(link is external), a virtual design platform enabling users to test different home exterior features, shares which styles are fading in popularity and offers suggestions to give them a...

Thursday Dec 29th, 2022 Share

Just Because You Can Paint it Doesn't Mean You Should

Painting is one of the easiest, most popular ways to give a home a DIY update. But is that always the right answer? Many homeowners aren’t shy about painting anything, from the inside of a doorframe arch to the fixtures on the faucets—or even the lights. But how about that sad slab of cement out back, or even the sofa? You may be surprised at what people are painting. Photo credit: Kwangmoozaa / Getty Images Photo credit: Don Farrall / Getty...

Thursday Dec 22nd, 2022 Share

Designers Predict the Hottest 2023 Home Trends

Learn 8 styles that are on interior designers’ radar for the new year, along with three they hope to never see again. You’ll likely see some familiar design trends in the new year, such as greater use of greenery, mix-and-match patterns and vintage touches. Interior designers share what they predict will be the most popular trends of the new year. Purple Power “I’m seeing shades of dark purple rising in the trends for 2023,” says Brittany Farinas,...

Thursday Dec 15th, 2022 Share

5 Holiday Decor Trends That May—or May Not—Bring You Joy

These bold design ideas for year-end festivities probably aren’t for everyone. But some might make sense for your listing. By: Melissa Dittmann Tracey If you’re looking to add holiday flair to your home this year, you’ll find plenty of inspiration in the latest trends. Here’s a countdown to some of the hottest holiday decorating fads of the season. 5. Nature-inspired holiday decor: Better Homes & Gardens calls this holiday motif an...

Thursday Dec 8th, 2022 Share

Favorite Interior Design Trend by Decade

The latest home design fads often are inspired by the past. Find out the trends from years ago that are among consumers’ favorites.  

Wednesday Nov 30th, 2022 Share

Outsmart Jack Frost: Tending to the Trees for Winter

Follow these five tips to prepare your property’s trees for the cooler months ahead. By Katie Dubow, president of Garden Media Group In many areas of the country, the weather has cooled and the leaves have fallen, and the trees are now bare. Tree experts say now is the perfect time to go outside and check the health of a property’s trees. “Think of winterizing as preparation for spring,” says David Horvath, sales arborist in Chicago for the Davey Tree...

Thursday Nov 24th, 2022 Share

How a Home's Age Influences Owners' Renovation Plans

A new study identifies the improvement projects homeowners prioritize based on how old their home is. By: Melissa Dittmann Tracey A home’s age may influence the type of renovation projects the owner prioritizes, according to the 2022 Houzz & Home Renovations By Age(link is external) study. Houzz researchers analyzed the renovation activity of more than 70,000 respondents to understand the types of projects that typically arise when a home reaches a certain...

Thursday Nov 17th, 2022 Share

Housing Affordability Conditions Weaken in September 2022 as Mortgage Rates Escalate

By: Michael Hyman At the national level, housing affordability fell in September compared to the previous month, according to NAR's Housing Affordability Index. Compared to the prior month, the monthly mortgage payment increased by 8.0% while the median family income increased by 0.6%, making home buying less affordable in September. The monthly mortgage payment increased by $142 from last month. Compared to one year ago, affordability fell in September as the monthly...

Thursday Nov 10th, 2022 Share

6 Books That Will Change Your Perspective on Real Estate

By: Emily Swenson These titles will inspire your business no matter where you are in your career. © Fotografía de eLuVe - Moment/Getty Images So many books—and audiobooks, podcasts, TV shows, streaming services, Tik Tok videos, etc.—so little time. In a world with overwhelming options, sometimes you just need someone to tell you what to read. Have no fear, your librarian is here! The National Association of REALTORS® is home to the...

Thursday Nov 3rd, 2022 Share

True Tales of Terror in Real Estate Part 2: The House Cleansed Itself of Its Evil Mojo

By: Graham Wood © Dimitris66 - E+/Getty Images We asked our readers about their scariest experiences in real estate, and the horrifying stories poured in. We shared a few of the most frightening, but we can’t get enough. Halloween is one of our favorite holidays, and to stay in the “spirit” as long as we can, we’ve decided to bring you more of your fellow practitioners’ freakiest moments on the job. This batch of tales is more...

Thursday Oct 27th, 2022 Share

True Tales of Terror in Real Estate: In the Darkness, I Heard a Voice Say, ‘Come In’

By: Graham Wood © Westend61 - Getty Images It’s the witching month once again, and as Halloween approaches, now’s the time to tell tales of ghosts, goblins, and ghouls. But some scary stories aren’t fake — and real estate professionals have some of the creepiest real-life anecdotes. Anything can happen when you’re out in the field, and we’ve heard horrifying tales of vacant properties where “someone’s...

Thursday Oct 20th, 2022 Share

Instant Reaction: Housing Starts, October 19, 2022

By: Lawrence Yun Housing starts weakened in September, driven by insufficient single-family home construction and multifamily apartment building. Single-family units fell by 4.7%, and multifamily units by 13.2%. It is understandable for homebuilders to be cautious in light of slowing home sales and some recent private sector data that indicates softening lease signings for new apartments. Nonetheless, the latest monthly annualized rate of 1.44 million is lower than the historical...

Thursday Oct 13th, 2022 Share

10 Horrifying Home Design Trends: 2022 Edition

By: Melissa Dittmann Tracey Every year, there are new and evolving home design fads that should “scare” you to death. Last year, there were moss-covered accent walls (gasp!), acrylic furniture (shriek!), and Tuscan-style kitchens (yelp!). This year, it’s the “cloffice”—a pandemic-era closet-turned-office—and many others. With Halloween around the corner, Styled Staged & Sold presents its annual countdown of the top 10 home trends...

Tuesday Oct 4th, 2022 Share

Real Estate Sets the Scene for Your Favorite Films

By: Catherine Mesick Location scout and manager Jamie Vesay hunts for real-world settings to help filmmakers bring their creative visions to life. Photo courtesy of Jamie Vesay. Location work for “Downsizing.” Top: the scouting photo. Bottom: the movie set. You may not realize it—but you’ve probably seen Jamie Vesay’s work.  Perhaps you watched as Matt Damon and Kristen Wiig’s characters Paul and Audrey Safranek toured an...

Tuesday Sep 27th, 2022 Share

Research Spotlight: 2022 REALTORS® and Sustainability: Commercial Report

By: Meredith Dunn, Sidnee Holmes Last month, NAR Research released the 2022 REALTORS® and Sustainability: Commercial report, which presents information regarding sustainability issues facing the industry as reported by our members. For example, a majority of agents and brokers (71%) said that energy efficiency promotion in listings was very or somewhat valuable. I spoke with my colleague Sidnee Holmes, Research Associate, about the 2022 report's essential...

Wednesday Sep 21st, 2022 Share

Existing-Home Sales Fall for the Seventh Straight Month and Decline 0.4% in August 2022

By: Michael Hyman NAR released a summary of existing-home sales data showing that housing market activity this August fell modestly (0.4%) from July 2022. August's existing-home sales reached a 4.80 million seasonally adjusted annual rates. August's sales of existing homes declined 19.9% from August 2021. August's sales represent the seventh consecutive month of declines, and sales were the weakest since May 2020. The national median existing-home price for...

Thursday Sep 15th, 2022 Share

Artwork Transforms an Indiana Community

By: Maddie Love The City of Lebanon, Indiana, is in the midst of growth and change. With the help of a $1,500 Placemaking Grant from the National Association of REALTORS®, the MIBOR REALTOR® Association and the Heart of Lebanon Main Street organization used color as a catalyst for growth and change in areas of art, culture, and inclusivity in their community. Elements of color were injected into the downtown area through the celebration of the metamorphosis of a butterfly....

Thursday Sep 8th, 2022 Share

5 Simple DIY Projects for a Fresh Home Update

By: Melissa Dittmann Tracey Home improvement projects don’t have to include knocking down walls or high-priced upgrades. There are several simple, affordable DIY home improvement projects that can give a home an entirely new feeling, says Amber Shay, national vice president of Design Studios at Meritage Homes. Shay offers up her tips for giving a home a fresh update without breaking the bank. Create a Spa-Like Bathroom  Most homeowners consider a primary bath as...

Thursday Sep 1st, 2022 Share

How Can Technology Streamline Real Estate Affordability?

By: Dan Weisman For over half a century there have been major strides in increasing housing through government support and private investment in communities, all with the goal of providing opportunities for people to have decent, safe and affordable housing. The location of one’s home has direct and indirect implications when it comes to health, education, job access, transportation, stability, and the opportunity for individuals and families to prosper.  Technology...

Thursday Aug 25th, 2022 Share

Existing-Home Sales Fall for the Sixth Straight Month, Decline 5.9% in July 2022

By: Michael Hyman NAR released a summary of existing-home sales data showing that housing market activity this July fell 5.9% from June 2022. July's existing-home sales reached 4.81 million at seasonally adjusted annual rates. July's sales of existing homes declined 20.2% from July 2021. July's sales represent the sixth consecutive month of decline. The national median existing-home price for all housing types reached $403,800 in June, up 10.8% from a year...

Thursday Aug 18th, 2022 Share

How to Create the Perfect Indoor-Outdoor Space

By: Melissa Dittmann Tracey Photo credit: Getty Images Indoor-outdoor spaces have become a staple in home design as more people look to enjoy the outside. By paying attention to the design, you can create a natural flow between the interior and exterior of a house. It’ll feel like you added more square footage and extra spots for lounging and entertaining. Manuel Munoz, a production designer at Living Spaces, offers a few ideas for achieving the right...

Thursday Aug 11th, 2022 Share

5 Updates to Liven Up the Home's Exterior

By: Melissa Dittmann Tracey First impressions matter and the outside of a home has become a key area to spotlight to make sure a property gets noticed. The startup Dzinly offers virtual exterior renderings done by designers that give homeowners ideas of the possibilities before they commit to a pricey remodel. Matt Mosher, the founder of Dzinly, offers the following tips on sprucing up the outside of the home as well as some before and after virtual renderings to show...

Thursday Aug 4th, 2022 Share

What Will Blockchain, NFTs, and Decentralized Finance Mean for Real Estate?

By: Dave Conroy As the world continues to move increasingly toward digital, other industries are beginning to recognize the potential use cases of blockchain-powered digital assets like NFTs (nonfungible tokens), but will it pass the proof-of-concept phase and have an impact on global real estate transactions? Blockchain in Action While this technology can be difficult to understand, blockchain is an independent, verifiable, and trustworthy record of events or transactions....

Thursday Jul 28th, 2022 Share

How are Virtual Technologies Shaping Real Estate?

Written by: Alex Lange, Vice President, Strategy and Innovation The word “metaverse” has entered common usage, inspiring a lively debate about what it represents, whether it’s already here and who will own it. Yet, there’s still not one accepted definition. As we understand, the metaverse is an interactive, hyper-realistic environment that allows us to immerse ourselves in the digital world. It’s a combination of virtual reality (VR), augmented reality (AR),...

Thursday Jul 21st, 2022 Share

5G Entering the Real Estate Space

By: Dan Weisman 5G is expected to have a major impact on the way we live, where we live, and how we operate our businesses in real estate. With increased speeds, lower latency, and broader access, 5G will change the connectivity landscape. 5G will lead to the development of innovative technology that will power our future and increase our ability to effectively interact as a society. The Evolution of 5G The next generation of wireless internet, 5G, is in full swing. Verizon,...

Wednesday Jul 13th, 2022 Share

Instant Reaction: CPI Inflation, July 13, 2022

by NAR Chief Economist, Lawrence Yun Consumer price inflation is the highest in over 40 years and showed no sign of slowing down in June. It rose by 9.1% and is accelerating. The annualized inflation rate (one month change multiplied by 12 months) was an eye-popping 17%. The Fed may be forced to raise interest rates even more aggressively than planned, even with a rising possibility of a recession on the horizon. The mortgage market had already factored in several additional rounds of the...

Monday Jul 4th, 2022 Share

Inside a Home Renovation: A Spanish Revival Gets Some Modern Flair

Home stager Annie Carolin stayed true to this 4,753-square-foot home’s architecture when getting it ready for the market. Annie Carolin, a Los Angeles home stager with Pride of Place Design(link is external) who works with the real estate brokerage Brock + Lori,(link is external) remodeled a $3.5 million home into a buyer’s dream. About the house: A 4,753-square-foot, three-story home perched above the Silver Lake reservoir in Los Angeles. The five-bedroom,...

Thursday Jun 30th, 2022 Share

Instant Reaction: Mortgage Rates, June 30, 2022

By: Nadia Evangelou Mortgage rates fell this week. It appears that rates have already accounted for some of the effects of the Fed's tightening policy. According to Freddie Mac, the 30-year fixed mortgage rate dropped to 5.7% from 5.81% the previous week. Although rates are significantly higher than last year, they are still historically low, remaining below 6%. As the second quarter draws to a close, the housing market has cooled. Nearly 12,000 fewer homes were sold during...

Thursday Jun 23rd, 2022 Share

Aging Population to Boost Smart-Home Technologies

Emerging technologies can make aging in place a safer and more viable option for older adults By: Nadia Evangelou Major changes in the demographic profile of the United States are underway, and these changes are expected to accelerate in the next several decades. The number of households aged 65 and older increased by 38% between 2010 and 2020. In contrast, households aged below 65 rose by just 1%. Meanwhile, in less than a decade, the year 2030 will mark a demographic turning...

Wednesday Jun 15th, 2022 Share

Instant Reaction: Interest Rates, June 15, 2022

By: Lawrence Yun Today's announcement by the Federal Reserve set a big increase in interest rates and means several more rounds of rate hikes are on the way in upcoming months. So far, the short-term fed funds rate that the Fed directly controls has risen by 175 basis points. But the 30-year fixed rate mortgage has risen even more – by nearly 300 basis points. On the same $300,000 mortgage, the monthly payment has risen from $1265 in December to $1800 today. That's...

Wednesday Jun 8th, 2022 Share

A Modern Twist on Grandmillennial Style

"Old" is becoming "new" again in home design. By: Melissa Dittmann Tracey The grandmillennial style—also known as “granny chic”—is resurrecting grandma’s living room, bringing back wallpaper, antiques, and lots of florals. The look of the familiar and cozy has grown popular among homeowners in recent years and is becoming even more prevalent in 2022. Trends from years past are re-emerging but often with a more modern spin and...

Wednesday Jun 1st, 2022 Share

Instant Reaction: Case-Shiller Index Shows Single-family Home Prices Up 20.6% in March 2022

By: Scholastica (Gay) Cororaton Single-family existing-home prices rose at a faster pace of 20.6% in the three months ending in March, according to the Case-Shiller index. The latest data shows prices continued to heat up over the 3-month period even as mortgage rates started to rise to, and over, 4% in March. This torrid pace of appreciation reflects the tight inventory conditions seen during the period in January–February 2022 when single-family homes for sale hit their...

Wednesday May 25th, 2022 Share

SCAG and the Art of Numbers

There’s an old saying, “if you like sausages and laws, you better not watch how they are made.” Yesterday, I had the opportunity to see how something else is made, something more like laws than sausages, but unlike either, it didn’t make me want to look away.  On the contrary, it was worthwhile to see. I had an opportunity to attend an “Existing Housing Needs Expert Panel” hosted by the Southern California Association of...

Wednesday May 18th, 2022 Share

Hot Home Trend: Curvy Furniture

Find tips on how to style the curvier shapes that are growing more popular in home design. May 16, 2022 Design Trends There’s no denying that the curved sofa trend is having a moment. But why are curved couches and chairs suddenly all the rage? And, how do you best style them for the biggest impact? Top interior designers offer their tips. Brittany Farinas, House of One,(link is external) Miami What’s behind the hype: Curved sofas “are part of...

Thursday May 12th, 2022 Share

Instant Reaction: Mortgage Rates, May 12, 2022

By: Nadia Evangelou After last week's surge, the 30-year fixed mortgage rate rose slightly to 5.30% from 5.27% the previous week. Unyielding inflation and the Fed's tightening policy seem to be the main drivers of today's mortgage rates. Although inflation eased in April, it continues to rise faster than expected. In the meantime, inflation is affecting not only prices at the pump and in grocery stores, but it has also spread to housing as well. Both owning and...

Monday May 2nd, 2022 Share

7 Popular Paint Colors for the Living Room

By: Melissa Dittmann Tracey Variations of green are a hot color trend, including for dressing up the living room. More than half of interior designers chose sage as the most popular living room paint color for 2022, according to a survey from Fixr,(link is external) a home improvement website. Sage can serve as a background color to enhance wood furniture and floors, and it can work in harmony with many other shades in a room, including blue, yellow, or gold, designers...

Wednesday Apr 27th, 2022 Share

Pending Home Sales Decline 1.2% in March 2022

By: Michael Hyman NAR released a summary of pending home sales data showing that March’s pending home sales pace decreased 1.2% last month and dropped 8.2% from a year ago. Pending sales represent homes that have a signed contract to purchase them but have yet to close. They tend to lead Existing Home Sales data by 1 to 2 months. All of the four regions showed declines from a year ago. The South had the largest dip of 9.5% followed by the Northeast with a drop in...

Wednesday Apr 20th, 2022 Share

Existing-Home Sales Fall 2.7% as Higher Mortgage Rates Impact Sales in March 2022

By: Michael Hyman NAR released a summary of existing-home sales data showing that housing market activity this March weakened 2.7% from February 2022. March's existing-home sales reached a 5.77 million seasonally adjusted annual rates. March's sales of existing homes declined 4.5 % from March 2021. The national median existing-home price for all housing types reached its highest point, at $375,300, in March, up 15% from a year ago. Home prices have continued to...

Tuesday Apr 12th, 2022 Share

How to Use Wallpaper in Unexpected Ways

It’s a hot decor trend, and using it in small but bold ways can elevate a home’s style. It's no secret that wallpaper is having a comeback. Although the powder room remains the top spot for this decor element, designers continue to push boundaries and incorporate wallpaper in bold and unexpected ways throughout the home. That being said, we've caught up with top interior designers to ask them to share their favorite wallpaper trends. Go Bold in...

Thursday Apr 7th, 2022 Share

Commemorative Park Celebrates Historic African American Neighborhood - The town of Orange, Va., breaks ground on a new park with help from the Fredericksburg Area Association of REALTORS® and NAR’s Placemaking Grant.

By: Catherine Mesick From the 1870s to the 1970s, a bustling African American business district flourished in the town of Orange, Va. The southeastern quadrant of Orange was home to a variety of successful Black-owned businesses, including retail establishments, entertainment venues, and service-related businesses, such as a taxi service and a barbershop. The neighborhood was also an area where Black residents lived and worshipped, building churches and homes, and creating a...

Monday Mar 28th, 2022 Share

Take Your Kitchen Countertops to New Heights

By: Melissa Dittmann Tracey The most popular kitchen backsplash in 2022 is slab—which can make the wall seem like a vertical extension of your countertop, according to designers recently surveyed by Fixr, a home improvement website. The site recently released its “2022 Backsplash Trends(link is external)” report. These slab backsplashes may be an extension of a marble or quartz countertop. It creates a cohesive look in the kitchen. Also, since the backsplash...

Thursday Mar 24th, 2022 Share

Instant Reaction: Mortgage Rates, March 24, 2022

By: Nadia Evangelou Mortgage rates continued their upward trek. Specifically, the 30-year fixed mortgage rate surged to 4.42% from 4.16% the previous week. Elevated inflation and the Federal Reserve's tightening policy pushed up mortgage rates. Since the beginning of the year, rates have already increased by 1.2%. As a result, the typical home buyer needs to spend $250 more every month to be able to purchase a home. Impact of higher rates on home sales Both new and...

Tuesday Mar 15th, 2022 Share

A Five-step Strategy for Team Success

By: Anne-Marie Siudzinski How do you pull together a disparate group of individuals and get the best from your team? In his book The High-Performing Real Estate Team,(link is external) Brian Icenhower, a real estate coach and CEO of Icenhower Coaching & Consulting (ICC),(link is external) discusses five actions to provide team growth: Establish a viral goal, focus on activities first,  cultivate personal responsibility through public...

Monday Mar 7th, 2022 Share

How Designers Are Channeling the 2022 'Colors of the Year'

Pantone chose periwinkle blue—a shade the company is calling “Very Peri”—as its 2022 Color of the Year, while several other paint firms favor green: Sherwin-Williams: “Evergreen Fog” Benjamin Moore: “October Mist” Glidden: “Guacamole” PPG: “Olive Sprig” How are these colors showing up in home design this year? Interior designers offered their opinions on what’s hot and how to pair 2022 colors...

Wednesday Mar 2nd, 2022 Share

7 Kitchen Transformations to Inspire Your Next Project

By: Audra Slinkey Kitchen remodeling is surging in popularity, and the Home Staging Resource’s(link is external) January “Best of the Best” winners are showcasing plenty of amazing kitchen transformations. The staging examples(link is external) from our recent winners demonstrate the scale of projects they’re taking on, from simple decluttering to full kitchen remodels. View their kitchen makeovers. Dated Tuscan to Total...

Thursday Feb 24th, 2022 Share

Instant Reaction: Mortgage Rates, February 24, 2022

By: Nadia Evangelou Following the trend of the 10-year Treasury yield, mortgage rates dropped slightly this week. Specifically, the 30-year fixed mortgage rate fell to 3.89% from 3.92% the previous week. However, due to expectations of even higher inflation, mortgage rates will continue their upward trek. Although mortgage rates are still historically low, rising mortgage rates may impact affordability, especially for first-time homebuyers in minority groups. Comparing housing...

Thursday Feb 17th, 2022 Share

2022's Hottest Paint Colors

 Melissa Dittmann Tracey Each year paint firms offer up their top pick for the color of the year that will freshen up interiors and exteriors. The overwhelming favorite hue for 2022: Green—all shades of it. Besides the greens, some paint firms chose bold color pops to add more memorable marks on an interior. Check out the Styled, Staged & Sold blog’s round up of the 2022 Colors of the Year from the various paint firms. Breezeway: Behr A silvery...

Thursday Feb 10th, 2022 Share

Fancy Up a Foyer

By: Melissa Dittmann Tracey The foyer is the first room inside the house that people see as they enter. So, make a statement. Hillary Stamm with HMS Interiors(link is external) and Jessica Nicastro with Jessica Nicastro Design(link is external) show off how to make a great first impression that welcomes guests with a few unique touches in the foyer. Hillary Stamm is the owner of HMS Interiors, a full-service design firm based in Manhattan Beach, Calif....

Thursday Feb 3rd, 2022 Share

Instant Reaction: Mortgage Rates: February 3, 2022

By: Nadia Evangelou "Mortgage rates remained unchanged from the previous week at 3.55%. Following the trend of the 10-year Treasury yield, rates took a pause from their recent rally. While January's job data will be weak, the market is already prepared to see slower employment growth due to the omicron effect. As a result, rates were relatively flat over the last couple of weeks. Meanwhile, since mortgage rates are still near historic lows, many people are rushing to...

Wednesday Jan 26th, 2022 Share

December 2021 REALTORS® Confidence Index Survey: Fewer Buyers Waiving Appraisal, Inspection Contract Contingencies

By: Scholastica (Gay) Cororaton   The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, according to NAR’s December 2021 REALTORS® Confidence Index Survey, a survey of REALTOR® transactions. In the December survey, 19% of buyers waived the inspection contract contingency, down from a peak of 27% in July 2021, while 21% of buyers waived...

Friday Jan 21st, 2022 Share

Street Seats Provide a Gathering Space in the New Normal

By: Marlo Paventi Dilts   Written by Marlo Paventi Dilts, Senior Director of Public Policy & Government Affairs, Long Island Board of REALTORS® COVID-19 showed us that we needed to think fast about how we can gather in a way that is safe and takes into consideration open-air concepts and physical distance – and, for us,  parklets were the answer! In collaboration with Street Plans, the Rockaway Brewing...

Thursday Jan 13th, 2022 Share

Outdoor Living Rooms for Yearlong Enjoyment

By: Melissa Dittmann Tracey   Are you maximizing your outdoor space? Outdoor rooms are becoming a prime entertainment and relaxation spot, no matter the season. Firepits and patio heaters help to extend the time homeowners can enjoy these areas throughout the year.   Home remodeling site Houzz highlighted “outdoor living rooms that look like indoor rooms” as one of the top home trends to watch in 2022. Houzz...

Wednesday Jan 5th, 2022 Share

How to Help Your Clients Downsize—and Have Fun Doing It

    By: Catherine Mesick   Lisa and Michel Zujar, a married couple from Richmond, Va., sit side by side and exclaim over the colorful, hand-drawn illustrations that have just been presented to them. Created for a book they had self-published, the original images had been lost for years. The Zujars are guests on the second season of the Emmy-nominated(link is external) PBS series, “Legacy List with...

Wednesday Dec 29th, 2021 Share

Ring in the New Year by Planning a New Destination in your Neighborhood

By: Holly Moskerintz   It’s a new year and it’s time to think about what you can do to make your community a better place to live and to reflect back on how REALTORS® did just that. “REALTORS® don’t only sell homes; they sell neighborhoods and communities. REALTORS® aid in improving and revitalizing neighborhoods with smart growth initiatives, helping create walkable, urban centers,...

Wednesday Dec 22nd, 2021 Share

November 2021 Existing Home Sales Increase for Third Consecutive Month

By: Michael Hyman   NAR released a summary of existing-home sales data showing that housing market activity this November increased 1.9% from October 2021, the third consecutive month of increase. November’s existing-home sales reached a 6.46 million seasonally adjusted annual rates. November’s sales of existing homes declined 2.2% from November 2020, reflecting the off-season bump in sales in the second half of 2020 as...

Monday Dec 13th, 2021 Share

Show Off a Super Luxe Dining Room

By: Melissa Dittmann Tracey   During the holidays, the dining room often becomes a showpiece when entertaining family and friends. Top designers from across the country show off their favorite looks and offer up tips for spotlighting this entertainment space in a glamorous way. Painted Walls Mary Patton of Mary Patton Design(link is external) loves incorporating head-turning wall color, dramatic drapery, and unique...

Thursday Dec 9th, 2021 Share

6 Nontraditional Holiday Decorating Trends

Credit to the creator of this article. Festive holiday decor doesn’t have to be limited to the traditional red-and-green motif. In fact, the latest trends trade in the traditional holiday accents for more subtle decor that blends into a home’s existing style. Here are a few trending holiday looks this year: 1. Metallics with blue. Metallics continue to be a huge holiday decorating trend. Silver and gold are popular colors for shiny ornaments and accessories....

Wednesday Dec 1st, 2021 Share

6 Home Office Trends to Watch

By Dave Adams, BDI Furniture The home office is one of the most coveted spaces in a home. Find out what styles are trending for this room or how to create one when square footage is tight. 1. Home buyers are looking for homes with dedicated office spaces. Photo courtesy: BDI Furniture With the housing market exploding, many homebuyers who work remotely need a dedicated office space. Home offices are no longer an afterthought; it’s now essential, and you should pay...

Tuesday Nov 23rd, 2021 Share

All Decked Out: Tasteful Holiday Decor Ideas

By: Melissa Dittmann Tracey   Photo credit: Center of It All, Centerofitalldesigns.com A home stager may ask that owners remove festive decor when listing a home during the holidays. But such displays are being used to accentuate a home’s best features, conjure up warm and cozy vibes, or even draw attention to a structural element in the home. Get inspired with some holiday decorations from the design work...

Thursday Nov 18th, 2021 Share

Strong Potential for Office-to-Housing Conversion of Class B Buildings in Metro Areas Impacted by the Pandemic

By: Scholastica (Gay) Cororaton   Apartment demand is soaring at a decade-high level, while office vacancy rates have spiked, and hybrid working-from-home situations are emerging to be the new normal. This has prompted the question of converting vacant office buildings into housing, particularly multifamily rental housing or owner-occupied condominiums. NAR's latest study―Analysis and Case Studies on Office-to-Housing...

Thursday Nov 11th, 2021 Share

Best Home Staging Makeovers: Earthy Vibes, Textured Fabrics

By: Audra Slinkey   Fall is in the air, and it’s a great time to get some inspiration for making your listings cozier. The Home Staging Resource’s monthly “Best of the Best” program recognizes top designs from its members, and October’s honorees are noted for using earthy, nature-inspired colors and textured fabrics. Take some pointers from their designs and apply them to your own listing. Wallpaper...

Thursday Nov 4th, 2021 Share

Instant Reaction: Mortgage Rates, November 4, 2021

By: Nadia Evangelou   According to Freddie Mac, the 30-year fixed mortgage rate fell to 3.09% from 3.14%. This is good news for homebuyers and homeowners who want to refinance. Although mortgage rates dropped this week, expect rates to rise in the following months due to the Fed's policies and persistently elevated inflation. Starting later this month, the Fed will slowly reduce its monthly bond purchases. This strategy is...

Thursday Oct 28th, 2021 Share

10 Horrifying Home Design Trends: 2021 Edition

By: Melissa Dittmann Tracey   Home trends come and go, but designers hope some will vanish faster. At the Styled, Staged & Sold blog, we compile an annual list of the “scariest” home design fads. This year, we’re highlighting trends that may start to make a property look dated. Here’s what’s giving home designers the frights. 10. Sliding Barn Doors As the farmhouse style loses traction, barn...

Friday Oct 22nd, 2021 Share

Bathroom Renovation Ideas From Top Designers

Bathroom renovations are among the most valuable home improvement projects your clients can undertake. A mid-range bathroom remodel can return up to 57% of the investment at the time of resale, according to the National Association of REALTORS®’ 2019 Remodeling Impact Report. REALTORS® also cites remodeled bathrooms as one of the top-selling points to home buyers. Interior designers and bathroom renovation experts offer their best tips and tricks for creating a bathroom...

Thursday Oct 14th, 2021 Share

REALTORS® Park — It Took a Village

By: Dale Meller   Written by Dale Meller, Association Executive, Beaver Creek Area Association of REALTORS® In the Fall of 2019, I approached Lisbon, Ohio Mayor Roger Gallo to present a copy of "On Common Ground" and discuss how the Beaver Creek Area Association of REALTORS® (BCAAR) might serve the community. Not long after that visit, Village Councilman (and now Mayor) Peter Wilson contacted me to follow up....

Friday Oct 8th, 2021 Share

Hot Home Trend: The Accent Wall Is Back

By: Melissa Dittmann Tracey   Make a bold statement with just one wall. The accent or statement wall is coming back as a home trend in 2021, says Brian Santos, director of education for Fresh Coat Painters, a nationwide painting firm, who are also known as the “Wall Wizard.” Statement walls also pay homage to another hot trend emerging in home design: the influence of the “Roaring Twenties.” Santos says...

Thursday Sep 30th, 2021 Share

Instant Reaction: Mortgage Rates, September 30, 2021

By: Nadia Evangelou   Mortgage rates rose sharply this week following the trend of the 10-year Treasury yield. Specifically, according to the finance mortgage provider Freddie Mac, the 30-year fixed mortgage rate rose to 3.01% from 2.88% the previous week. While rates were below 3% for the last nearly four months, it seems that rates at the 2% range are likely over. Inflation has risen above the 2% target since April....

Monday Sep 20th, 2021 Share

Best Home Staging Makeovers: Bright Colors, Coastal Vibes

By: Audra Slinkey   Get inspired for your own listings with the Home Staging Resource’s(link is external) “Best of the Best” awards, recognizing home stagers for their designs. The before and after photos(link is external) from August entries on HSR’s Facebook Group, Stagers Connect,(link is external) show the impact staging can make on a home. Peruse...

Monday Sep 13th, 2021 Share

6 Emerging Home Trends to Watch

By: Melissa Dittmann Tracey   With more time spent on activities in the home, flexible design is becoming increasingly important to homeowners. Also, homeowners are looking for ways to bring more outdoor elements inside. These are among the latest home trends, according to Houzz, a home design and remodeling resource. Houzz researchers identified the top emerging home design trends based on search insights from homeowners and...

Monday Sep 6th, 2021 Share

Happy Hour at Home: How to Stage a Home's Bar Area

A small bar area in a home can offer up some fancy design. After all, you may be celebrating happy hour more often at home after a long day of remote work. So, don’t overlook the bar as a staging area. Top designers weigh in with some of their favorite inspirations and tips for a home bar. Find Your Entertaining Corner Photo credit: Patrick Cline "When first deciding where to install your home bar, think about the areas in your home where you do the most entertaining...

Thursday Aug 26th, 2021 Share

Instant Reaction: Mortgage Rates, August 26, 2021

By: Nadia Evangelou   "Mortgage rates showed little movement this week despite positive news on the Delta variant. According to the mortgage finance provider Freddie Mac, the 30-year fixed mortgage rate inched up to 2.87% from 2.86% the previous week. Thus, mortgage rates stayed below 3% for the last 9 weeks. What comes next? Mortgage rates will likely rise in the following months as inflation may last longer than expected....

Monday Aug 23rd, 2021 Share

Concrete Furnishings Add a Modern Touch to the Outdoors

By: Melissa Dittmann Tracey   Outdoor furniture made of concrete has become trendy. At first, it can seem like a harsh, gray addition to an outdoor space. But a touch of concrete—like in tables or pavers—can actually offer a very contemporary vibe. You don’t want all cement furnishings outside; that would be too heavy of a look. But concrete can offer great contrast when mixed with wicker and teak furniture. If...

Wednesday Aug 18th, 2021 Share

Get Ready for Park(ing) Day

Although PARK(ing) Day(link is external) isn’t until September, specifically the third Friday in September, now is the perfect time to start planning.    So first, what is PARK(ing) Day? PARK(ing) Day is an annual worldwide one-day event where citizens convert metered parking spaces into public parks and open spaces sometimes referred to as parklets(link is external).  The day is intended to encourage creative placemaking, particularly in places where...

Thursday Aug 12th, 2021 Share

Instant Reaction: Mortgage Rates, August 12, 2021

By: Nadia Evangelou   "A strong labor market and higher consumer and producer prices overshadowed COVID-19 concerns, raising yield and mortgage rates. The 10-year Treasury yield rose to 1.35% from 1.19% the previous week. Respectively, the 30-year fixed mortgage rate increased to 2.87% from 2.77%. Nevertheless, even with this increase, mortgage rates are still near historic lows. A year ago, the 30-year fixed-mortgage rate was...

Monday Aug 9th, 2021 Share

4 Simple Ways to Show Off the Kitchen

By Krisztina Bell, No Vacancy Home Staging Inc. The kitchen is the third most popular room to stage, behind the master bedroom and the living room, according to the National Association of REALTORS®’ 2021 Profile of Home Staging. It’s also one of the most important spaces that potential buyers look at when choosing a home to buy. Several kitchen trends are gaining traction, including intense, veiny countertop designs, statement lighting with a contemporary twist, and...

Friday Aug 6th, 2021 Share

Marketing Listings with a Delicious Twist

By: Catherine Mesick   REALTOR® Tina Newby hosts an online cooking show in her sellers’ kitchens, and buyers are eating it up. You will too when you see the recipe Newby shared with Culture Scan! Baking a fresh batch of cookies in a house for sale is a time-honored method of making a kitchen seem more enticing to buyers. But Tina Newby, an agent with Team Realty and Investment Solutions in Tampa Bay, Fla., takes it a...

Friday Jul 30th, 2021 Share

Pending Home Sales Decline 1.9% in June 2021

By: Michael Hyman   NAR released a summary of pending home sales data showing that June's pending home sales pace declined 1.9% last month and fell 1.9% from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales data by 1 to 2 months. Three of the four regions showed declines from a year ago. The South had the...

Monday Jul 26th, 2021 Share

How to Create an Outdoor Oasis for Under $400

By: Melissa Dittmann Tracey   You don’t have to spend a fortune to give your outdoor space more impact. Shelby Greene, a studio stylist at furniture retailer Living Spaces, offers some tips to transform the yard—whether big or small—on a tight budget. Lounging space: “Create a space where you and your guests can relax and soak up the nice weather,” Greene says. “To turn a backyard into a...

Wednesday Jul 14th, 2021 Share

Community Joins Together for First-of-Its-Kind Storybook Trail

By: Melissa Kolodziej   Written by Melissa Kolodziej, Director of Community Relations, Raleigh Regional Association of REALTORS® In late 2019, Raleigh Regional Association of REALTORS® (RRAR) started a new journey in community engagement and relationship building. We recognized that if we truly wanted to be the best advocates for our members and ask the “tough” questions of our elected leaders, we needed to...

Tuesday Jul 13th, 2021 Share

Apartment Occupancy Gains Reach Decade-High

By: Scholastica (Gay) Cororaton   Apartment occupancy has increased in nearly all markets since the pandemic The apartment market is booming. Based on NAR's analysis of CoStar market data in 138 markets1, net absorption (change in number of occupied units) rose by 207,035 units in 2021 Q2 from the prior quarter. In 2019 Q2, a pre-pandemic period, net absorption was only 116,526 units, about half the current pace of...

Monday Jul 12th, 2021 Share

The Transformation of the Garage

By: Melissa Dittmann Tracey   Since the pandemic began, homeowners have had to figure out how to make every square inch of their properties usable. Lately, they’re looking to the garage, adding functionality to the space besides just for parking. The garage also could serve as a gym, play area, or home office. Aaron Cash, cofounder of home improvement firm Garage Living, says homeowners are taking a particular interest in...

Friday Jul 9th, 2021 Share

Housing Affordability Falls in May as Home Prices Rise Faster than Income

By: Michael Hyman   At the national level, housing affordability declined in May compared to a year ago according to NAR's Housing Affordability Index, as the median family incomes rose modestly by 1.2% while the monthly mortgage payment increased 20%. The effective 30-year fixed mortgage rate1 was 3.01% this May compared to 3.29% one year ago, but the median existing-home sales price rose 24.4% from one year...

Tuesday Jul 6th, 2021 Share

Making the Most of Your Career

By: Catherine Mesick   “There are three places we can be in life financially,” said Ian Pruckner, speaking to host Aaron Amuchastegui, in a recent episode of the Real Estate Rockstars podcast(link is external). “We can live in the land of not enough. I remember what that’s like…The lack of money consumes you. Every decision you make is being made out of a position of lack. “The second...

Monday Jul 5th, 2021 Share

6 Tips to Bring Your Curb Appeal Back to Life This Summer

Submitted by HomeLight(link is external) If you’re looking to cash in on this booming seller’s housing market,(link is external) you may want to put more focus on the home’s exterior. A home’s outward appearance plays a big role in whether potential buyers want to tour the interior. HomeLight, a real estate referral company, offers up several ways to give the home’s curb appeal an instant makeover: Lisa Romerein / Stone / Getty...

Friday Jul 2nd, 2021 Share

Instant Reaction: Jobs, July 2, 2021

By: Lawrence Yun   “A strong 850,000 net new jobs were added in June. Residential construction workers and general contractors rose by 15,200, showing that more homes will be completed in the upcoming months and more housing inventory will be added. Commercial real estate shaved 11,700 construction and contractor jobs in June, marking a third straight month of decline, which assures no oversupply in the office and retail...

Wednesday Jun 23rd, 2021 Share

More Homebuyers Making 20% Down Payments and Waiving Appraisal and Inspection Contract Contingencies

By: Scholastica (Gay) Cororaton   Homebuyers who make a 20% down payment and waive appraisal and inspection contingencies are on the rise, based on the May 2021 REALTORS® Confidence Index (RCI) Survey which reports monthly transactions from a random sample of REALTORS®1. Among all buyers2 who obtained a mortgage in May, the share of mortgages associated with at least a 20% down payment rose to 52% in May...

Wednesday Jun 23rd, 2021 Share

The Before and After – Part 18

By: Holly Moskerintz   The National Association of REALTORS® encourages our state and local REALTOR® Associations to partner with others to make their communities better places to live. Our Placemaking Grant is available to our REALTOR® Associations to help fund the creation of new public spaces and destinations in a community. Since the launch of the grant in 2014, we have approved over $1.2 million in funding in over...

Monday Jun 21st, 2021 Share

A Pandemic Makeover

By: Melissa Dittmann Tracey (link is external) Interior designer Esther Dormer sought to give an old space a new life. She bought a dilapidated unit in an abandoned, 80-year-old building in Pittsburgh in March 2020, recognizing the potential in its stunning cityscape views and desirable location near restaurants and shops. Dormer spent last summer rehabbing the place during the COVID-19 pandemic. Every room in the house needed work. The...

Friday Jun 18th, 2021 Share

Home Design for Dads

Submitted by A Design Partnership(link is external) A Design Partnership, a public relations firm for designers, asked some of its leading clients nationwide to show off their favorite dad-inspired home designs. Use their creative works below as inspiration to make a Father’s Day gift list for dads who may be looking to spruce up their homes. The Pampered Dad Designer Marlaina Teich(link is external) recently completed a project for a professional New York baseball...

Thursday Jun 17th, 2021 Share

Instant Reaction, Mortgage Rates, June 17, 2021

By: Nadia Evangelou Mortgage rates dropped further this week, although the Fed revised upward their forecast about inflation. Specifically, the 30-year fixed mortgage rate fell to 2.93% from 2.96% the previous week. In fact, mortgage rates remain at or below 3.00% for the ninth straight week. Thus, many homebuyers can benefit from these low rates while home prices are reaching record highs. Since 85% of buyers finance their home...

Monday Jun 7th, 2021 Share

Instant Reaction: Jobs, June 4, 2021

"The job market continues to make progress with 551,000 net new additions in May. Another 7 million jobs are still needed to get us back to pre-pandemic conditions. Construction jobs got a boost of 4,400 from homebuilding but were lower by 2,500 for residential general contractors. More lumber is needed but there were 1,100 fewer workers in the logging industry. In commercial real estate, there were 500 more jobs in the construction of buildings but a reduction of 16,800 general...

Tuesday Jun 1st, 2021 Share

We Remember, Today and Always

We remember and honor those who gave all.

Tuesday Jun 1st, 2021 Share

6 Reasons to Celebrate National Homeownership Month

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years. As National Homeownership Month kicks off this June, homeowners have every reason to celebrate. A survey by Gallup just ranked real estate as...

Tuesday Jun 1st, 2021 Share

4 Trends That Make the Windows Shine

By: Melissa Dittmann Tracey     Windows are becoming a greater focal point in home design. Trendy black-trimmed exterior windows are gaining popularity, and more emphasis is being placed on showcasing windows from inside as well. Windows connect the indoors and outdoors and satisfy yearnings for nature for homeowners quarantining inside. Here are some ways windows are being showcased more in home design. 1. Black-trimmed,...
Most Popular Interior Styles in Every State

Friday May 21st, 2021 Share

Most Popular Interior Styles in Every State

Rebuilding a Park to Make “Panhandle Strong”

Friday May 21st, 2021 Share

Rebuilding a Park to Make “Panhandle Strong”

Your Critical Role in Today's Market

Friday May 21st, 2021 Share

Your Critical Role in Today's Market

READ MORE

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/