Daily Archives: February 4, 2015
Earthy Decor Adds Warmth to a Modern Home | Pound Ridge Real Estate
Who lives here: A landscape architect, her husband and their son
Location: Santa Monica, California
Size: 3,500 square feet (325 square meters); 4 bedrooms, 4 bathrooms
Interior designers Krista Schrock and David Dick of Disc Interiors picked up the design reins last year. To fully understand why they added earthy, touchable elements and nature-based colors to the pure white spaces, you have to know that the woman in the house is a landscape designer and her husband is an avid surfer who works at a nonprofit dedicated to restoring Santa Monica Bay. “They wanted us to bring in more natural elements, to make the spaces warmer and more approachable,” says Dick.
The living room illustrates the strategy — a metal sunburst hangs over furniture done in watery shades of blue and a nubby Moroccan rug. Rustic elements such as the stone-topped coffee table and pottery accessories on the shelves turn up the visual temperature several degrees.
“We sometimes like to work with opposites,” says Dick. “We were working with something that was new, white and minimal. We added elements that are the opposite: vintage, brass, glass, ceramics and touches of black — we’ve always thought a bit of black sharpens up almost any room.”
Metal sculpture: vintage Curtis Jeré; sofa: custom; coffee table: Lawson-Fenning
Given the home’s modernist nature, it’s no surprise that it has been the backdrop for several Design Within Reach catalog photo shoots. The armchair is, in fact, a DWR piece the couple owns. “We wanted to avoid the cliché of midcentury furniture in a modern house, so we re-covered the chair in a pinstripe fabric,” says Dick.
Most of the seating is now directed toward the garden, seen through the large glass doors. The sofa was moved to face the garden, and the other armchair is a swivel chair, which allows its occupant to swing around and take in the view. “Because she is a landscape designer, the rooms are all about the gardens,” says Dick. “The colors we chose were a counterbalance to the beautiful greens outside.”
Light fixtures: Robert Lewis Studio; bar stools: Thomas Hayes Gallery
How to Save for a Down Payment | Bedford Corners Real Estate
Rents are projected to outpace home values by the end of the year, according to Zillow, so it’s a good time to consider buying a home. Fixed mortgage payments and a more stable market are other reasons to make the jump.
Zillow projects that by the end of 2015, millennials will become the largest home-buying age group. Whether you fall into that category or not, coming up with a down payment can be challenging. Here are some strategies to help you get there.
Reduce large expenses
Sure, skipping your morning latte may help save money over time, but why not attack your biggest expenses head on for quicker results? We’re talking about your rent, which is likely eating up over 30 percent of your take-home pay. You can try to negotiate a better rate with your landlord, move to a cheaper location, or downsize — going from a two-bedroom to a one-bedroom can drop your rent by 25 to 30 percent, depending on where you live.
You could also bring in a roommate (or two). Sharing a home isn’t just for kids straight out of college anymore. In fact, the percentage of adults living with someone other than a spouse or partner continues to rise (32 percent nationwide in 2012; up from 26 percent in 2000, according to Zillow’s analysis of the latest Census Bureau data). Jump on the bandwagon and pocket the savings.
Automate savings contributions
This is a no-brainer: Tell your payroll department that you want a fixed amount automatically deducted from your paycheck and deposited into a designated savings account.
Start small. Most people can cut their income by 2 percent without even noticing, and the payoff over time can be significant.
Stash windfalls
The average tax refund in 2014 was $3,116; this year, it’s expected to rise to $3,295. And while it may be tempting to splurge, why not exercise some restraint and put your windfall into a designated down payment account? You’ll be happy you did.
Save less for retirement
This suggestion is certainly not the norm. And just to clarify, you should not raid your retirement account. But if you have a 401(k) employer match, and are already contributing the max (6 percent), consider stopping there and allocating additional cash toward your down payment — in a separate after-tax account.
read more…
http://www.zillow.com/blog/strategies-saving-for-down-payment-168290/