Good Housekeeping | Aug 19, 2024
Wicker baskets may look cute, but are they functional?
From the bedroom closet and inside kitchen cabinets to your kids’ playroom, keeping the house organized isn’t easy. We typically rely on organizers to tame clutter, whether it be shelves for books and baskets, hooks for hanging jackets or categorized bins for toys. But, not all storage solutions are created equal, turns out, there are some items professional organizers always avoid.
Not-so-helpful items, like excessively heavy containers or wooden hangers, can actually thwart your organizing efforts. Before investing in any storage essentials, consider these products professional organizers would encourage you to ditch forever.
1. “Pretty” storage solutions
“When it comes to storage, I avoid solutions that sacrifice function for form. This includes tapered bins that waste precious shelf space, wicker baskets that snag clothes and excessively heavy or super fragile containers. I like to think of storage solutions like an empty suitcase, if it’s heavy or overly complicated before you even pack, it’s not going to do anything but create more burden. I steer clear of oversized containers that become clutter magnets, like large toy chests.” – Laura Kinsella, founder of Urban Organyze.
2. Shelves that can’t adjust
“I stay away from shelving units and cupboards without adjustable shelves. The items people want to store vary in size and height, so the shelves need to be adaptable.” – Julie Stobbe of Mind Over Clutter
3. Organizers with a niche purpose
“If a company went out of their way to create something to fill a niche, I avoid it, as I find that most people never organize that way, we crave basic ways to get organized, like drawers, shelves and cabinets. Think hanging closet shelves, over-the-door organizing pockets, vacuum storage bags, any targeted, customized storage solution.” – Maeve Richmond, founder of the organizing coaching service Maeve’s Method
4. Toy organizers with tilted bins
“I’m not a fan of any kid’s storage shelf that holds between nine and 12 bins that sit on a slant. It seems like a good idea so children can see into the bins, but the bins are small and because they’re on a slant, toys fall onto the floor.” – Julie Stobbe
5. Stacked plastic drawers
“These may be cheap, but they just don’t last; I always find that they break. They also get dirty very easily, and can be difficult to open. The ease of your organizers is the most important factor for sticking with your system. Invest in sturdier drawers instead.” – Rachel Rosenthal, professional organizer at Rachel and Company
6. Free-standing coat racks
“A coat rack is a monster that just keeps growing. Instead, hang just a couple hooks, and store other coats, scarves and hats out of sight. Your entryway will thank you for slaying this beast.” – Jeni Aron, the Clutter Cowgirl
7. Bed frames with built-in drawers
“I find the drawer space to be limiting, and when the bed is pushed into a corner, you lose half the storage. Instead, use bed risers to create a helpful place for suitcases and bins of seasonal clothing.” – Amelia Meena, founder and professional organizer at Appleshine
8. Over-the-toilet shelving units
“If it’s your only option, fine. But I much prefer a floating shelf with attractive baskets on an opposite wall away from the commode. There’s a slimmer chance of something jumping overboard.” – Jeni Aron
9. Wooden hangers
“People choose these because they look pretty, but I hardly ever use them for everyday items. They’re so bulky, and clothes tend to slip off easily. I use slim felt-covered hangers instead, which take up much less space and keep clothes secure.” – Rachel Rosenthal
10. Label makers
“There’s a time and place for label makers, but that’s usually not at home. I’m not saying that labels are terrible, but it’s often unnecessary to use yet another electronic device (which you’ll have to store) to make them. Instead, write labels by hand. This will help you better remember where you’ve stored things, and handwriting is much more pleasing and personal than a printed sticker.” – Marla Kabashima, professional organizer
11. Stacked desk trays
“Thanks to computers and our increasingly paper-free lifestyle, there is less need for organizers that hold stacks of mail or tons of office supplies. I often see people with desk stackers stuffed with items they haven’t used in years. Let the stack go, and replace it with a simple tray or bowl for the few things you do use.” – Maeve Richmond
If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know.
What Is a Balanced Market?
A balanced market is generally defined as a market with about a five-to-seven-month supply of homes available for sale. In this type of market, neither buyers nor sellers have a clear advantage. Prices tend to stabilize, and there’s a healthier number of homes to choose from. And after many years when sellers had all the leverage, a more balanced market would be a welcome sight for people looking to move. The question is – is that really where the market is headed?
After starting the year with a three-month supply of homes nationally, inventory has increased to four months. That may not sound like a lot, but it means the market is getting closer to balanced – even though it’s not quite there yet. It’s important to note this increase in inventory is not leading to an oversupply that would cause a crash. Even with the growth lately, there’s still nowhere near enough supply for that to happen.
The graph below uses data from the National Association of Realtors (NAR) to give you an idea of where inventory has been in the past, and where it’s at today:
For now, this is still seller’s market territory – it’s just not as frenzied of a seller’s market as it’s been over the past few years. As Mark Fleming, Chief Economist at First American, says:
“The faster housing supply increases, the more affordability improves and the strength of a seller’s market wanes.”
What This Means for You and Your Move
Here’s how this shift impacts you and the market conditions you’ll face when you move. Lawrence Yun, Chief Economist at NAR, explains:
“Homes are sitting on the market a bit longer, and sellers are receiving fewer offers. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.”
The graphs below use the latest data from NAR and Realtor.com to help show examples of these changes:
Homes Are Sitting on the Market Longer: Since more homes are on the market, they’re not selling quite as fast. For buyers, this means you may have more time to find the right home. For sellers, it’s important to price your house right if you want it to sell. If you don’t, buyers might choose better-priced options.
Sellers Are Receiving Fewer Offers: As a seller, you might need to be more flexible and willing to compromise on price or terms to close the deal. For buyers, you could start to face less intense competition since you have more options to choose from.
Fewer Buyers Are Waiving Inspections: As a buyer, you have more negotiation power now. And that’s why fewer buyers are waiving inspections. For sellers, this means you need to be ready to negotiate and address repair requests to keep the sale moving forward.
How a Real Estate Agent Can Help
But this is just the national picture. The type of market you’re in is going to vary a lot based on how much inventory is available. So, lean on a local real estate agent for insight into how your area stacks up.
Whether you’re buying or selling, understanding how the market is changing gives you a big advantage. Your agent has the latest data and local insights, so you know exactly what’s happening and how to navigate it.
Bottom Line
The real estate market is always changing, and it’s important to stay informed. Whether you’re buying or selling, understanding this shift toward a balanced market can help. If you have any questions or need expert advice, don’t hesitate to reach out to CA Real Estate Group.
This fall, seasonal decorating is all about simple updates. Enhance your home through a mix of artisanal additions, heirloom pieces, and connections to nature. Color and texture, including rich jewel tones and cheerful doses of blues, yellows, and greens, will also be used with significant impact to lift spirits and offer tactile moments while cozying up at home. Here are the top 2024 fall decorating trends, according to interior designers and industry experts.
Jeff Herr
1. Showcase Heirlooms
“We’re seeing shoppers enter their ‘heirloom era’ this fall, a trend that represents different ways to bring retro and inherently unique items to homes and wardrobes,” says Etsy trend expert Dayna Isom Johnson. This fall decorating style is all about antique vases, rocking chairs, candlestick holders, embroidered pillows, and even old books.
It’s easy to personalize this trend with inherited pieces, but there are fun possibilities for creating special moments with new fall decor, too. Johnson highlights handmade treasures like customized cutting boards showcasing handwritten recipes, while Pottery Barn suggests an Americana look achieved through table linens and bedding.
Julie Soefer
2. Add Artisanal Elements to Your Table
“Artisanal textures and antiques are a long-lasting trend we’ve seen this year, encouraging the purchase and use of handmade and quality items from an era where craftsmanship was held in high regard,” says Brittany Zimmerman of Bleu Bee Designs. “You can incorporate these trends seamlessly by creating a fall tablescape using a collection of antique or vintage brass candlesticks scattered around textured artisanal trays made of copper, plaster or terracotta, which adds a cozy and handmade texture to your tabletop.”
This year, Pinterest identified coffee stations as the new bar cart with their Cafécore trend. Part of elevating the café aesthetic at home is incorporating sculptural and tactile mugs that offer an artisanal look and hand-hewn feel.
Adam Albright
3. Bring in Cheerful Colors
This year’s top trending paint colors have favored soothing earth tones and deep moody hues. And while these shades continue to be popular, Suzan Wemlinger of Suzan J Designs expects to see bright, bold pops of color uplifting interiors this fall. “Orange, turquoise, greens, blues, yellows will be out there,” says Wemlinger.
While smaller doses are expected, she says the colors may also start appearing in wallpaper and paint in addition to accessories like pillows and artwork. “I think that bright and bold is trending because people are yearning for happiness and feel-good vibes,” says Wemlinger. “These colors almost without question lighten one’s mood.”
Adam Albright
4. Let Nature Inspire Your Accessories
“From last year’s cottagecore to this summer’s ‘garden girl,’ the earthy decor and fashion trends inspired by the natural world will bleed into fall, this time in the form of ‘nature reborn’,” says Johnson.
According to Johnson, Etsy shoppers are looking to bring the outdoors in this season through accessories such as pinecones, dried fruit, and log candle holders, while wooden utensils offer a functional take on the trend.
Frontgate’s fall 2024 collection offers natural whimsy with pieces like novelty glass and gold decorative acorns and pomegranate-accented serveware.
Stephen Kent Johnson
5. Accent Botanicals with Jewel Tones
Biophilic design—which emphasizes creating harmony between your home and the world outside—remains a popular interior style after several years in the spotlight. Fall foliage and seasonal gourds are staples of fall decorating, and this fall Zimmerman expects to punctuate these looks with jewel-tone botanicals. “This includes sprinkling in mums in hues of cranberry and plum and rich, dark green magnolia stems and wreaths,” she says.
Crate & Barrel’s fall collection similarly promotes pairing jewel tones and botanical elements, featuring berries, eucalyptus leaves, and floral stems in bold burgundies.
Lower mortgage rates and rising inventory are giving home buyers a window of opportunity at an unusual time of year. Lower mortgage rates have improved affordability significantly for home buyers, and competition among them could extend into the fall instead of fading away as is typical at this time of year.
Mortgage rate drops equate to serious savings
Mortgage rate declines have made buying a home “affordable” again at the national level (meaning monthly payments generally take less than one-third of median household income), assuming a buyer puts 20% down and before taxes and insurance are accounted for. Nationwide, the monthly payment on a typical home purchase has fallen by more than $100 since a peak in May. That drop is more than $300 a month in the ultraexpensive San Francisco metro area.
Lower rates also make it easier for buyers to qualify for a mortgage on more of the inventory listed in a given area, functionally increasing the choices available to them.
Home shoppers gain choices, bargaining power
Beyond lower costs, a number of metrics are moving in buyers’ favor. The Zillow market heat index shifted from being in favor of sellers into neutral territory in July. For the past two years, sellers held their edge nationally until October.
Homes are taking longer to sell than in recent history, but shorter than in pre-pandemic times. Homes that sold in August took 20 days to go pending, two more than in July, but about six days faster than at this time of year before the pandemic. And while inventory growth has slowed, nearly 1.18 million homes are on the market, more than any month since September 2020.
Added interest could extend summertime competition
Lower rates could stall or slow the cooldown in housing market activity that typically takes place this time of year, because right now buyers are more likely to be motivated by lower rates than sellers are.
Spring is normally the prime time to list because sellers often want to make sure they are in their new home before the school year and fall holidays start. Most homeowners (80%) are influenced to sell by life events, such as an addition to the family or a new job, and not necessarily by optimizing the mortgage rate on their next home, according to Zillow surveys.
Some signals are already pointing to an altered trajectory in the housing market. The share of listings on Zillow with a price cut ticked down from July to August, reversing an upward trend of rising every month since March. Just under 26% of homes on the market had a price cut in August. That’s relatively high for this time of year, but not a record, as seen in recent months.
Home values
This month, the typical home in the US was $362,143. The typical monthly mortgage payment, assuming 20% down, was $1,827. Lower mortgage rates pushed monthly mortgage costs down 3.4% from July to August.
Home values climbed month-over-month in 9 of the 50 largest metro areas in August. Gains were biggest in Buffalo (0.7%), New York (0.6%), Providence (0.4%), Hartford (0.3%), and Philadelphia (0.3%).
Home values fell, on a monthly basis, in 37 major metro areas. The largest monthly drops were in San Francisco (-1.3%), San Jose (-1.1%), Austin (-1%), Denver (-0.7%), and New Orleans (-0.6%).
Home values are up from year-ago levels in 44 of the 50 largest metro areas. Annual price gains are highest in San Jose (9.1%), Hartford (8%), Providence (7.1%), New York (7%), and San Diego (6.2%).
Home values are down from year-ago levels in 5 major metro areas. The largest drops were in New Orleans (-4.6%), Austin (-4.6%), San Antonio (-2.9%), Birmingham (-0.9%), and Dallas (-0.4%).
The typical mortgage payment is down 2.9% from last year and has increased by 103.8% since pre-pandemic.
Inventory & new listings
New listings decreased by 1.1% month-over-month in August.
New listings increased by 0.8% this month compared to last year.
New listings are 21.3% lower than pre-pandemic levels.
For-sale inventory (the number of listings active at any time during the month) in August increased by 0.2% from last month.
There were 22.1% more for-sale listings active in August compared to last year.
Inventory levels are -30.8% lower than pre-pandemic levels for the month.
Price cuts & share sold above list
25.9% of listings in August had a price cut, compared to 26.2% in July and 23.4% in August 2023.
33.4% of homes sold above their list price last month. That’s compared to 35.4% in June and 39.1% in July of 2023.
Newly Pending Sales
Newly pending listings decreased by 5% in August from the prior month.
Newly pending listings decreased by 2.9% from last year.
Median days to pending, the typical time since initial list date for homes that went under contract in a month, is at 20 days in August, up 2 days since last month.
Median days to pending increased by 7 days from last year.
Market Heat Index
Zillow’s market heat index shows the nation is currently a neutral market.
The strongest seller’s markets in the country are Buffalo, Hartford, San Jose, Boston, and New York.
The strongest buyer’s markets in the country are New Orleans, Miami, Jacksonville, Austin, and Tampa.
Rents
Asking rents increased by 0.2% month-over-month in August. The pre-pandemic average for this time of year is 0.4%.
Rents are now up 3.4% from last year.
Rents fell, on a monthly basis, in 2 major metro areas – Austin (-0.4%) and Boston (-0.1%).
Rents are up from year-ago levels in 49 of the 50 largest metro areas. Annual rent increases are highest in Hartford (7.7%), Cleveland (7.2%), Louisville (7.1%), Richmond (6.8%), and Virginia Beach (6.6%).
For many families, the kitchen is the social hub of the home, so it’s important that you clean often. Some areas of your kitchen will require consistent attention, such as the counters. Others, like larger appliances such as the refrigerator or oven, can be addressed on a weekly or perhaps monthly basis.
Below, you’ll find daily, weekly, monthly, and seasonal kitchen cleaning checklists to simplify your routine. These detailed guides will help you create and maintain a tidy kitchen space.
Supplies You’ll Need
The Spruce / Sanja Kostic
Before you get started, make sure you have the proper tools and cleaning solutions on hand. The following is a comprehensive list, detailing all of the supplies you need for the four kitchen cleaning checklists in this guide.
For your daily kitchen cleaning checklist, focus your attention on the counters and floors. Keeping these high-use areas clean will help you cultivate a more hygienic environment.
Remove any decor, appliances, or clutter from the countertops.
Wipe down the counters with a clean, damp cloth and an all-purpose cleaner or warm, soapy water. You can also use a DIY all-purpose cleaner, made of diluted vinegar. Consider wiping down high-use areas at this time as well, such as the drawer and cabinet pulls and the handle on your microwave.
Sweep the floors.
Return the items you moved to their proper homes on the countertop or elsewhere.
Unload your dishwasher and tackle any dirty dishes by handwashing or loading the dishwasher.
Wipe down the faucet and inside of your sink with an all-purpose cleaner. Pay close attention to any corners and crevices that may be collecting grime.
Take out the trash and recycling.
Put any cleaning rags or kitchen towels in the laundry and replace them with clean ones.
Weekly Kitchen Cleaning Checklist
The Spruce / Jenelle Botts
In addition to your daily cleaning regimen, your weekly routine should include frequently used appliances like your microwave and refrigerator. Start your weekly cleaning routine with the steps below, then finish with your daily kitchen cleaning checklist above.
Clean the interior and exterior of your countertop kitchen appliances, including your toaster, coffee maker, and microwave.
Next, it’s time to clean the refrigerator. You’ll need to rearrange or remove items as you clean, so you’re able to wipe down all of the shelf and drawer space. As you go, check for expired goods and toss them. Remember to wipe down the face and handles of your refrigerator too. (Save the freezer for your monthly kitchen cleaning checklist.)
Wipe down your stovetop with a store-bought or DIY all-purpose cleaner. Don’t forget to wipe down the face of your oven too.
Next, wipe down additional high-use areas, such as light switches, drawer pulls, cabinet handles, and door knobs.
Turn off (at the breaker box) and clean your garbage disposal, using distilled white vinegar and baking soda.
Finally, you can move on to the daily cleaning checklist and finish your weekly routine by mopping your kitchen floors.
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Tip
During your weekly kitchen cleaning routine, take a look at your supplies and see if any cleaning solutions or tools need to be replaced or replenished. Take this opportunity to add those items to your grocery list.
Monthly Kitchen Cleaning Checklist
The Spruce / Sanja Kostic
Your monthly kitchen cleaning checklist provides an opportunity to tidy and disinfect areas that are not frequently used, but still collect dust and grime over time. This includes cabinet and drawer faces, windows, and even the inside of your garbage can. Start with your daily kitchen cleaning checklist, then move onto the tasks below.
Remove the contents of your cabinets and drawers to prepare for cleaning and organizing (we recommend following steps three and four for one cabinet or drawer at a time). This includes your pantry.
Wipe out the inside of your drawer or cabinet with an all-purpose cleaning solution, then move onto the cabinet or drawer face.
Return the contents of your cabinet or drawer, organizing as you go. Move onto the next drawer or cabinet and repeat steps three and four until you’ve tackled all of the storage space.
Wipe down any tiles and grout, such as a kitchen backsplash, with your all-purpose cleaner.
Next, wipe down areas that may be collecting dust, such as the tops of cabinets and light fixtures.
Clean the inside of your dishwasher with a soft abrasive brush or sponge, distilled white vinegar, and baking soda. Be sure to wipe down the face of your dishwasher with an all-purpose cleaner when you’re finished.
Seasonal Kitchen Cleaning Checklist
The Spruce / Ana Cadena
While the checklists above will help you maintain a clean and sanitary kitchen, there are a few leftover tasks you should complete every few months.
Set your oven to the self-clean setting. Keep in mind this process requires some prep (such as removing the racks and turning on the oven vent) and can take a couple of hours.
Using a microfiber cloth and all-purpose cleaning solution, wipe down the ceiling and walls in your kitchen. When you complete this step, pay close attention to areas that may have gathered grease or steam, such as the wall behind your kitchen faucet and the ceiling area above your vent hood.
When you empty and deep clean the cabinets and drawers in your kitchen (during the monthly kitchen cleaning checklist), search for any kitchen tools and utensils you can donate or toss. For cabinets or drawers with food (as well as the pantry), see if there are any items that need to be replaced or replenished, such as expired goods or spices running low.
Unplug your refrigerator and pull it away from the wall. Clean the top of your fridge, the floor underneath it, and even the coils behind it. Use a microfiber cloth and all-purpose cleaner for the top of your refrigerator and the coils, then a broom, dustpan, and mop for the floor. Plug the refrigerator back into the outlet, then return it back to it’s proper home.
Tips for Sticking to Your Kitchen Cleaning Schedule
Following the kitchen cleaning checklists above will take time and discipline, but there are several tips you can use to help you keep up with the chores.
Schedule kitchen cleaning days in your calendar. This is especially important for your monthly and seasonal kitchen cleaning checklists.
Keep your kitchen organized.Maintaining an organized kitchen will help prevent clutter, optimize your food storage, and notice and address any grease, spills, and other debris quickly.
Store your cleaning supplies in bins. Keeping the supplies needed for each checklist in labeled plastic bins can help you grab what you need quickly when it’s time to complete a cleaning checklist.
Declutter often. Instead of waiting until it’s time to complete your kitchen cleaning checklist, make sure you are frequently looking for and removing any expired products or tools/utensils that aren’t being used.
August 17, 2024 marks a seismic shift in the real estate industry.
It’s a day that will reshape how buyers and sellers interact, and most importantly, it will redefine the relationship between buyers and their agents.
For those of us who have been in real estate for decades, this change feels almost revolutionary. But the seeds of this transformation were planted back in the 1990s when buyers first began advocating for buyer’s agents to be true fiduciaries, safeguarding their interests above all else. This movement was driven by a desire for transparency, accountability, and a partnership that ensured buyers were fully represented in one of the most significant financial decisions of their lives.
The Shift in Commissions
Traditionally, buyer agents were compensated through the MLS, with commissions often baked into the sale price of a home. Come August 17th, however, this practice will no longer be the default. Commissions for buyer agents will be removed from the MLS, meaning buyers and agents alike will be in the dark about whether compensation is available. This is a significant departure from the status quo, where both parties had clear expectations going into a transaction.
New Requirements for Buyers
Another key change is the introduction of mandatory signed agreements before buyers can even tour a property privately with an agent. These agreements come in various forms:
Exclusive Buyer Agency Contract: A commitment that binds the buyer to an agent for a specified period, often requiring compensation upfront for their services.
Single Property Tour Form: A more flexible agreement for buyers who want to tour a specific property without long-term commitment.
Non-Exclusive Buyer Agency Contract: Ideal for investors, this agreement allows buyers to work with multiple agents simultaneously, offering flexibility in their search.
The introduction of these forms signals a new era where the choice of representation matters more than ever. Buyers must be more strategic in selecting their agents, ensuring they align with their needs and goals.
Historical Context: The Evolution of Buyer Representation
In the 1990s, the concept of a buyer’s agent being a fiduciary was a radical idea. Before that, most agents worked primarily for the seller, even if they were showing homes to buyers. The introduction of buyer agency contracts changed the game, giving buyers their own advocates in the transaction process. Today’s changes build on that legacy, pushing the industry toward even greater transparency and fairness.
What Buyers Need to Do Now
As we navigate this new landscape, it’s crucial for buyers to understand their options and the implications of these changes:
Educate Yourself: Understanding the different types of agreements and how they affect your buying power is more important than ever.
Choose Wisely: The agent you work with will significantly impact your experience and outcome. Make sure they are fully informed and able to articulate their value proposition.
Plan Ahead: The days of casually touring homes without a plan are over. Buyers must now be more deliberate in their approach, ensuring they have the right representation in place from the start.
Questions to Consider
Are you prepared for the new requirements in the home-buying process starting August 17th?
How will the removal of buyer agent commissions from the MLS affect your home search strategy?
What should you look for in a buyer’s agent in this new era of real estate?
Conclusion
The real estate market is on the cusp of a significant change, but with the right preparation and understanding, buyers and sellers can navigate these new waters successfully. Who you work with matters more than ever, and having the right representation can make all the difference in achieving your real estate goals. That’s why you can call any of our CA Real Estate Group agents to help you navigate your next real estate purchase or sale.
Is your home looking less exciting these days? Are you sick of staring at the same four walls but don’t have a huge budget for renovations? Just because you don’t have a lot to spend doesn’t mean you can’t refresh your home. You just need to know what to do and how to pay as little as possible for it. Here are seven microbudget ways to upgrade a home.
Repaint Any Room
“Paint is a decorator’s miracle,” says interior designer Kate Dawson. “Nothing can transform a space as quickly or dramatically—without renovating—as a new coat of paint. It can change the vibe and energy even if it’s only used on one wall.”
The best thing about paint is it’s not only inexpensive (the price of dining out for lunch can get you a fairly cheap can of paint)—but you can also do it yourself and save on labor. The cost of rollers and brushes also won’t break the bank.
Swap Out Pillows
Whether they’re in your living room or your bedroom, old pillows can really make a room look dated, but new pillows can surprisingly transform. “I see decorative pillows as the home’s version of earrings, shoes, and scarves,” Dawson says. “When we’re going out, we always accessorize because it adds individuality, style, and pops of color. A room is the same way. Pillows pull the room together and give the space cohesion and a new energy.”
There are many places to buy pillows inexpensively, such as HomeGoods or Target. Amazon also has curated sets, so you don’t have to spend extra time and money mixing and matching. Another way to save a few bucks is to replace the pillow case but keep the insert.
Add Greenery
There isn’t one room that wouldn’t benefit from bringing a little nature in. That’s why Dawson is so passionate about plants. However, real ones can be expensive, so she recommends going the faux route to achieve the same design impact for less money. “Plants are a fantastic way to play with scale, levels, and volume,” the designer says. “They come in so many shapes and sizes and are the perfect thing to tuck into little places that just need a little pop of color, or for large spaces such as a big empty corner of a room. Get a nice faux six-inch fiddle leaf plant for any area that feels like a gap in the flow of the space.”
Wallpaper A Powder Room
We often neglect powder rooms but these spaces are a great way to go big on design. While replacing a toilet and sink can be expensive, installing wallpaper is a great way to get some wow factor without overspending. To save more money, consider peel-and-stick wallpaper over the traditional pasted kind because it can be self-installed and generally costs less.
Swap Out Hardware in the Kitchen and Bathroom
Old hardware can really date a room. While you can definitely splurge on hardware, you don’t need to. Look for hardware multipacks, which can get the cost of a handle or knob down to a few dollars each—a major bang for your buck.
Add A Peel And Stick Backsplash To Your Kitchen
Is your kitchen backsplash looking dated? While you might not have the budget to replace it permanently, you can use peel and stick tile over it. From faux marble subway tiles to ceramic penny styles, there are a lot of options out there. Best of all, no one will know the difference between that and the real thing.
Add Artwork in Any Room
Dawson recommends upgrading your plain walls with artwork. “Adding colorful artwork instantly tells a story about the homeowner,” she says. “It always makes great conversation, and aesthetically, it always adds depth, texture, and dimension to the room.”
Alternatively, you can use photos. Try shopping from your own camera roll for maximum savings. That beautiful shot you have of a sunset on vacation can be made into a canvas fairly inexpensively.
Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.
An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:
As the visual shows, the biggest motivators were the desire to be closer to friends or family, outgrowing their current house, or experiencing a significant life change like getting married or having a baby. The need to downsize or relocate for work also made the list.
If you, like the homeowners in this report, find yourself needing features, space, or amenities your current home just can’t provide, it may be time to consider talking to a real estate agent about selling your house. Your needs matter. That agent will walk you through your options and what you can expect from today’s market, so you can make a confident decision based on what matters most to you and your loved ones.
Your agent will also be able to help you understand how much equity you have and how it can make moving to meet your changing needs that much easier. As Danielle Hale, Chief Economist at Realtor.com, explains:
“A consideration today’s homeowners should review is what their home equity picture looks like. With the typical home listing price up 40% from just five years ago, many home sellers are sitting on a healthy equity cushion. This means they are likely to walk away from a home sale with proceeds that they can use to offset the amount of borrowing needed for their next home purchase.”
Bottom Line
Your lifestyle needs may be enough to motivate you to make a change. If you want help weighing the pros and cons of selling your house, connect with CA Real Estate Group today.
CA Real Estate Group | Caliber RE Group
If you’re thinking about selling and want to know how your home should be positioned in today’s market, I’d be happy to help.
When you’re thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says:
“Good credit scores communicate to lenders that you have a track record for properly managing your debts. For this reason, the higher your score, the better your chances of qualifying for a mortgage.”
The trouble is most buyers overestimate the minimum credit score they need to buy a home. According to a report from Fannie Mae, only 32% of consumers have a good idea of what lenders require. That means nearly 2 out of every 3 people don’t.
So, here’s a general ballpark to give you a rough idea. Experian says:
“The minimum credit score needed to buy a house can range from 500 to 700, but will ultimately depend on the type of mortgage loan you’re applying for and your lender. Most lenders require a minimum credit score of 620 to buy a house with a conventional mortgage.”
Basically, it varies. So, even if your credit isn’t perfect, there are still options out there. FICO explains:
“While many lenders use credit scores like FICO Scores to help them make lending decisions, each lender has its own strategy, including the level of risk it finds acceptable. There is no single “cutoff score” used by all lenders, and there are many additional factors that lenders may use . . .”
And if your credit score needs a little TLC, don’t worry—Experian says there are some easy steps you can take to give it a boost, including:
1. Pay Your Bills on Time
Lenders want to see that you can reliably pay your bills on time. This includes everything from credit cards to utilities and cell phone bills. Consistent, on-time payments show you’re a responsible borrower.
2. Pay Off Outstanding Debt
Paying down what you owe can help lower your overall debt and make you less of a risk to lenders. Plus, it improves your credit utilization ratio (how much credit you’re using compared to your total limit). A lower ratio means you’re more reliable to lenders.
3. Don’t Apply for Too Much Credit
While it might be tempting to open more credit cards to build your score, it’s best to hold off. Too many new credit applications can lead to hard inquiries on your report, which can temporarily lower your score.
Bottom Line
Your credit score is crucial when buying a home. Even if your score isn’t perfect, there are still pathways to homeownership. Let’s connect if you want to go over your options with an expert.
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