Market News

Wallpaper for the Fifth Wall: A Modern Fix for Popcorn Ceilings?

By Melissa Dittmann Tracey, REALTOR(R) Magazine

Some home designers want to make a bigger statement with the ceiling, and they’re turning to wallpaper to do it. Wallpaper is once again growing in popularity for walls, and some designers are now experimenting with it to dress up the ceiling too.

Some designers are using it to transform a ceiling’s living space with wallpaper in minimalist designs or in metallic. It can add texture and certainly some drama to a space.

Some designers are using floor-to-ceiling wallpaper all in the same print. Others may have the walls all painted white or a light color and then use a wallpapered ceiling to jazz up the room. Faux tin on the ceilings can be a way to create a statement ceiling too.

Use with caution, however: A dark or bold of wallpaper could make a ceiling appear lower.

But for spaces that can pull it off, a wallpapered ceiling can look chic. Plus, if you have a listing with dreaded popcorn ceilings, this can be a way to give the ceiling a modern, yet less expensive update. Check out some of these examples from designers at Houzz.

Powered by WPeMatico

Infographic: 2018 Profile of International Transactions in U.S. Residential Real Estate

The National Association of REALTORS® released the 2018 Profile of International Transactions in U.S. Residential Real Estate, which profiles top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS®. Check out this infographic highlighting some of the report’s findings?

 

View the whole release here.

Powered by WPeMatico

Realtors® statement on House vote to extend flood insurance

National Association of Realtors® President Elizabeth Mendenhall released the following statement after today’s U.S. House vote on legislation extending flood insurance funding:

“Flooding is the most common and costly natural disaster in the United States. Without an extension of authority, the National Flood Insurance Program cannot write or renew flood insurance in 22,000 communities nationwide. The bill passed by the House today ensures the program remains available to those Americans who rely upon it, while enabling Congress to continue working toward a long-term reauthorization and reform measure. We urge the Senate to take swift action on this bill before the program expires on July 31.”

Powered by WPeMatico

Existing-Home Sales Subside 0.6 Percent in June

Existing-home sales decreased for the third straight month in June, falling 0.6 percent to 5.38 million sales as declines in the South and West exceeded sales gains in the Northeast and Midwest, according to the National Association of REALTORS®. The ongoing supply and demand imbalance helped push June’s median sales price to a new all-time high at $276,900.

“There continues to be a mismatch since the spring between the growing level of homebuyer demand in most of the country in relation to the actual pace of home sales, which are declining,” he said. “The root cause is without a doubt the severe housing shortage that is not releasing its grip on the nation’s housing market. What is for sale in most areas is going under contract very fast and in many cases, has multiple offers. This dynamic is keeping home price growth elevated, pricing out would-be buyers and ultimately slowing sales,” said Lawrence Yun, NAR chief economist.

Powered by WPeMatico

Homeowners’ Favorite Décor Pieces by State

What’s your state’s favorite home accessory—centerpiece bowls, trays, throw blankets, vases, or more? Take a look at this chart from a survey conducted by Next Day Blinds to find out.

Powered by WPeMatico

Top Bathroom Renovation Tips That Will Add Value to Your Home

By Hannah Whittenly A bathroom can be among the top selling points in a home. Upgrading your bathroom prior to listing the home for sale may enable you to sell it at a higher price point. Here are some of ways that you can improve your bathroom and get the highest possible return on your investment: […]

The post Top Bathroom Renovation Tips That Will Add Value to Your Home appeared first on RISMedia’s Housecall.

Powered by WPeMatico

Story Idea: Is Homeownership Good for Our Neighborhoods?

According to a recent study from the National Association of REALTORS®, a majority of Americans believe that homeownership is good for our nation’s communities. Both homeowners and renters were asked if they feel a high rate of homeownership strengthens a community; 67 percent of those surveyed agreed with the sentiment. NAR President Elizabeth Mendenhall says, “Homeowners are more likely to be involved and engaged in the issues facing their communities, and this involvement – homeowners are more likely than renters to vote, volunteer their time at local charities and support neighborhood upkeep – builds up our communities.”

Aerial view of a Cookie Cutter Neighborhood

Story Springboard:

Review NAR’s Housing Opportunities and Market Experience (HOME ) survey for more information on current trends in the real estate market and consumers views regarding homeownership. Speak with a recent homebuyer about how homeownership has affected his or her involvement in the community. Ask REALTORS® in your area if they have seen any changing opinions on the value of homeownership among consumers.

Powered by WPeMatico

The Secret to Kitchen Envy: A Stylish Island

By Melissa Dittmann Tracey, REALTOR® Magazine

Home buyers love kitchen islands. It’s become a gathering spot for not just cooking but also eating, working, and socializing. As the island continues to gain stature in kitchens, homeowners are finding ways to spotlight it with contrasting shades or even different countertops to make it the focal point.

Check out some examples from designers featured at Houzz, which show how the kitchen island can become the showpiece of your space.

An island of a different color

Furniture-styled islands

Contrasting countertops

Lighting it up

Plenty of seating

Powered by WPeMatico

4 Ways To Rock As A Real Estate Client

Why do you care if your Realtor considers you a good client or not? Because the better client you are, the better results you will have. No, you and your Realtor do not have to be in love with each other, but effort on your part will bring you better results and a more positive transaction. Here are some best practices.

1. Be easy to educate

Most Realtors are teachers at heart, and the more you can learn, the better prepared you will be. Yes, your friends, family and various websites have lots of good information to give, but nobody has a better “boots-on-the-ground” perspective on your local neighborhood and various current trends than your Realtor. Ask all the questions you like and try to absorb as much info as possible. Yes, there is a lot to learn, but you will find that you become educated very quickly.

2. Be easy to communicate with

If your Realtor must text you five times before you respond, you will eventually miss some important info or even the house of your dreams. Ask your Realtor for communication expectations and let them know if you prefer calls, emails or texts. If there is a time that you do not wish to be contacted at all (say, when you put your kids to bed), make sure your Realtor knows that in advance. They will probably have a “no-contact” time, too. Of course, if your Realtor is constantly difficult to reach, you may want to consider switching to somebody else.

3. Be as available as possible

Of course, you are not expected to take off work to see a home, but see what accommodations can be made in your schedule. This is critical in viewing homes in a hot market. If you are selling a home, please be mindful that after-work and evening showings are highly likely. The more people that see your home, the better and higher price offers you will get.

4. Be loyal

House purchases and sales do not just take your time, they take your Realtor’s time too. If your Realtor learns that you are also working with several other Realtors, it is understandable that they will just not be as motivated to work hard for you. If you are unhappy with the Realtor that is selling your home, ask for a meeting to turn things around. Again, be clear about your expectations and be willing to listen.


Members: Sign in here to share this article with your branding. Sign in here.

Not a member? Seriously? Learn how you can share articles like this one with your branding. Learn more.



The post 4 Ways To Rock As A Real Estate Client appeared first on Lighter Side of Real Estate.

Powered by WPeMatico