I left you with the statement, " Research has shown the use of warm colors are favorable to buyers"-
Well, I am sure you are thinking , What colors are warm colors? Let's go with what studies have known to be true. The best color to lift a buyer's spirits was.................. the color "green". Now, green comes in many shades. I am not talking about lime green nor am I talking about neon green. When the color green is used it needs be very muted with a hint of grey to the base . This breaks down the tonal quality and the shade of green becomes very soothing. Green is also known as the color of Mother Nature. Does that mean you paint the entire house green- NO. This shade can be used as an accent color for a focal wall or niches. When painting a home to sell- I would use a warm shade of beige or taupe. This too exudes a feeling of calmness and enlarges the space making a home appear larger.
When your ready to list your home for sale- please call and I will help you chose paint colors so your home will sell as quick as possible!
Thursday, June 16, 2011
Sunday, June 12, 2011
Can Color Cost You The Sale of Your Home???
As many of you already know, I am an Interior Designer as well as a Realtor. The next couple of blog posts, I want to tell you a little bit about the use of color-How it affects you as well as potential buyers!
If your selling your home, should you paint the walls white or off white? Think again.......Have you ever noticed some listings boast the words "designer" or " professionally decorated"? What are they referring too?? More often they are referring to a " feel " that exudes from the warm rich tones of color used throughout the space. The right color on a home's walls or spotlighted can trigger positive physiological and psychological responses among potential buyers. If buyers walk into a space and they immediately get a sense of a cozy home, they will react positively. White paint color is a missed opportunity to create a feeling within the space . It doesnt help buyers imagine themselves in the home. Research on color response suggests the use of warm colors.
Stay tuned for my next blogpost to learn more........................
If your selling your home, should you paint the walls white or off white? Think again.......Have you ever noticed some listings boast the words "designer" or " professionally decorated"? What are they referring too?? More often they are referring to a " feel " that exudes from the warm rich tones of color used throughout the space. The right color on a home's walls or spotlighted can trigger positive physiological and psychological responses among potential buyers. If buyers walk into a space and they immediately get a sense of a cozy home, they will react positively. White paint color is a missed opportunity to create a feeling within the space . It doesnt help buyers imagine themselves in the home. Research on color response suggests the use of warm colors.
Stay tuned for my next blogpost to learn more........................
Friday, June 10, 2011
HOUSING SHORTAGE??? GOOD NEWS FOR SELLERS-
Housing Shortage Is Likely Coming, Report Says
Within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands, according to Harvard University’s Joint Center for Housing Studies in its latest annual "State of the Nation's Housing" report.
That means household growth, which has dropped drastically in recent years, will need to greatly reverse its trend to meet the forecasted spike in demand. From 2007-2010, household growth averaged about 500,000 per year--less than half the 1.2 million annual pace averaged prior from 2000-2007.
To absorb the current rate of foreclosed and distressed homes plaguing most markets, a more normal rate of household formation is critical, according to the report. However, household growth partially has stalled as young adults have delayed home ownership and immigration has slowed.
As such, in recent years, builders have drastically cut production of new homes.
"With inventories of new homes at historic lows, a turnaround in demand could quickly result in tighter markets," the report notes. "Over the longer term, the number of younger households is set to rise sharply, supporting growth in the population that fuels growth in both new renters and first-time buyers. The path of the economy and evolution of the mortgage market will determine when and if this increased demand materializes."
The report predicts a need for greater housing units for several reasons. For example, the report projects demand for 1 million new homes a year is needed to meet population growth in the coming decade. The report also predicts a surge in smaller homes, estimating that 3.8 million baby boomers will be looking to downsize their homes within the next decade. Also in adding to the increase in housing units needed, Immigration growth, the need to replace existing homes, and demand for second homes will contribute to rising demand, the report notes. Therefore, researchers conclude at least 16 million new housing units will be needed over the next decade.
Within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands, according to Harvard University’s Joint Center for Housing Studies in its latest annual "State of the Nation's Housing" report.
That means household growth, which has dropped drastically in recent years, will need to greatly reverse its trend to meet the forecasted spike in demand. From 2007-2010, household growth averaged about 500,000 per year--less than half the 1.2 million annual pace averaged prior from 2000-2007.
To absorb the current rate of foreclosed and distressed homes plaguing most markets, a more normal rate of household formation is critical, according to the report. However, household growth partially has stalled as young adults have delayed home ownership and immigration has slowed.
As such, in recent years, builders have drastically cut production of new homes.
"With inventories of new homes at historic lows, a turnaround in demand could quickly result in tighter markets," the report notes. "Over the longer term, the number of younger households is set to rise sharply, supporting growth in the population that fuels growth in both new renters and first-time buyers. The path of the economy and evolution of the mortgage market will determine when and if this increased demand materializes."
The report predicts a need for greater housing units for several reasons. For example, the report projects demand for 1 million new homes a year is needed to meet population growth in the coming decade. The report also predicts a surge in smaller homes, estimating that 3.8 million baby boomers will be looking to downsize their homes within the next decade. Also in adding to the increase in housing units needed, Immigration growth, the need to replace existing homes, and demand for second homes will contribute to rising demand, the report notes. Therefore, researchers conclude at least 16 million new housing units will be needed over the next decade.
Thursday, June 9, 2011
FOR SALE LISTINGS USED IN RENTAL SCAM
FOR SALE LISTINGS USED IN RENTAL SCAM -
I HAVE TALKED ABOUT THIS BEFORE AND IT'S TRUE-
Some home owners are getting a surprise when a person shows up on their doorstep, with a lease agreement in hand, saying that he or she is renting out their home, which isn’t for rent but for sale.
Law enforcement and real estate professionals are finding a growing scam involving for-sale listings being promoted as rentals--without home owners’ consent.
Scammers are taking listing information of homes for-sale--including photos--and then reposting that information on rental sites and tweaking it to pass the home off as a rental. The scammers then use a fake lease agreement and collect rent from unsuspecting consumers.
And when the scammers don’t present keys for the property, they give the unsuspecting renter permission to call a locksmith to gain access to the home.
Les Sulgrove, president of the Des Moines Area Association of REALTORS®, recently issued a warning to association members about the scam. He suggested real estate professionals set up Google alerts for the home addresses they’re listing so they’ll learn if their clients’ information is being misused on another site.
“All it takes is cutting, pasting, and changing some key pieces of data,” Geoff Greenwood, spokesperson for the Iowa Attorney General’s office, told the Des Moines Register. “People find out the hard way what they paid for wasn’t for sale or for rent.”
I HAVE TALKED ABOUT THIS BEFORE AND IT'S TRUE-
Some home owners are getting a surprise when a person shows up on their doorstep, with a lease agreement in hand, saying that he or she is renting out their home, which isn’t for rent but for sale.
Law enforcement and real estate professionals are finding a growing scam involving for-sale listings being promoted as rentals--without home owners’ consent.
Scammers are taking listing information of homes for-sale--including photos--and then reposting that information on rental sites and tweaking it to pass the home off as a rental. The scammers then use a fake lease agreement and collect rent from unsuspecting consumers.
And when the scammers don’t present keys for the property, they give the unsuspecting renter permission to call a locksmith to gain access to the home.
Les Sulgrove, president of the Des Moines Area Association of REALTORS®, recently issued a warning to association members about the scam. He suggested real estate professionals set up Google alerts for the home addresses they’re listing so they’ll learn if their clients’ information is being misused on another site.
“All it takes is cutting, pasting, and changing some key pieces of data,” Geoff Greenwood, spokesperson for the Iowa Attorney General’s office, told the Des Moines Register. “People find out the hard way what they paid for wasn’t for sale or for rent.”
Wednesday, June 8, 2011
Buying still makes sense for most people
Rising Rentals and Down Payments: Two Reasons to Buy Now
Posted on May 24, 2011 by Realty Executives
It might be time to get off the fence. Interest rates are at a 50 year low and rumored to be increasing the later part of 20111.
If you’re on the fence about buying a home–particularly a first home–two recent pieces of news should be of particular interest. The first is a study by the National Low Income Housing Coalition (NLIHC) revealing that rental units are becoming more expensive and less affordable. The logic behind this phenomenon is simple. Our population is growing, yet housing sales remain near all-time lows. More people are putting off home purchases, driving up competition and prices for rental units. Just as used car prices are skyrocketing in the sluggish recovery, economic pressures are forcing rental rates to skyrocket.
At the same time, the days of easy credit are coming to an end. Interest rates are set to rise, and minimum down payments are growing. Most recently, the GOP proposed a rise in the minimum down-payment from 3.5 percent to 5 percent, a potentially significant barrier to first-time buyers with stable incomes but small savings.
The upshot is that if you’re considering buying a first home at a bargain rate, your Window of opportunity may be closing. Renting may still make sense for you, but if it doesn’t, consider acting now before you get priced out of the market.
Posted on May 24, 2011 by Realty Executives
It might be time to get off the fence. Interest rates are at a 50 year low and rumored to be increasing the later part of 20111.
If you’re on the fence about buying a home–particularly a first home–two recent pieces of news should be of particular interest. The first is a study by the National Low Income Housing Coalition (NLIHC) revealing that rental units are becoming more expensive and less affordable. The logic behind this phenomenon is simple. Our population is growing, yet housing sales remain near all-time lows. More people are putting off home purchases, driving up competition and prices for rental units. Just as used car prices are skyrocketing in the sluggish recovery, economic pressures are forcing rental rates to skyrocket.
At the same time, the days of easy credit are coming to an end. Interest rates are set to rise, and minimum down payments are growing. Most recently, the GOP proposed a rise in the minimum down-payment from 3.5 percent to 5 percent, a potentially significant barrier to first-time buyers with stable incomes but small savings.
The upshot is that if you’re considering buying a first home at a bargain rate, your Window of opportunity may be closing. Renting may still make sense for you, but if it doesn’t, consider acting now before you get priced out of the market.
Friday, June 3, 2011
Scottsdale Luxury Furnisehd Rental under $ 2000 per month!!
Wednesday, June 1, 2011
Sprawling Estate in Tally Ho Farms-5 min from the airport, work/live, super modern environment
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