Tag Archives: South Salem Homes for Sale

Top 15 Design Trends in Single-Family Living | South Salem Real Estate

From spalike master baths to super-large kitchens and beautiful outdoor spaces, a range of consumer preferences is driving home design. My newly compiled list of lifestyle and design trends details what consumers want in a home now and in years to come.

• Smaller homes. According to the results of a recent AIA Design Trends Survey, there is a growing interest in smaller home sizes and volumes due to an effort to contain energy costs. The era of the McMansion could be over, and a significantly higher number of architects have reported demand for smaller homes. The key is to create scale and function over size, while creating more financially attainable homes.

• Private outdoor spaces. Almost all homeowners—whether baby boomers, empty nesters, or Gen Y—want less maintenance and more privatized outdoor space to gather and entertain without the neighbors watching. This design trend can be achieved by positioning architecture around the outdoor space or by allowing the outdoor space to pierce architecture, affording more living spaces in the house to be exposed to the outdoor area.

• Better indoor/outdoor connectivity. The use of large floor-to-ceiling windows and sliding doors brings the outdoors into the home experience. These thresholds to the outdoors offer more light and access to private outdoor space, resulting in the interior feeling like it extends beyond the walls.

• Covered outdoor rooms. These outdoor rooms expand the utility of adjoining interior spaces. The rooms become outdoor retreats, providing intimate relaxing spaces, still covered and protected, but open to the outdoors. Often these spaces include a stone fireplace to complete the living room feel.

• Personalization. Whether for a resale or a new home, consumers are looking to find and purchase feature elements that reflect their personal tastes and preferences, from kitchen products and bath fixtures to custom flooring and even the overall layout of the home.

• Super-sized kitchens. In addition to food preparation, the kitchen serves as an entertainment area when guests are present, a conversation area among family members, or even a place for homework or a craft project. Islands and their seating capacity must expand in size, and utility spaces and pantries need to be able to store more packaged foods, which are now purchased in larger boxes and in multiple quantities.

• More seating for media areas. The typical home TV is now a large flat-screen TV capable of everything from games to 3D movies to surfing hundreds of cable channels or the Internet. The increasing TV sizes have created a design need for more wall space and larger seating capability.

 

Top 15 Design Trends in Single-Family Living – Architects, Design, In-House Design, Living Room, Outdoor Kitchens, Outdoor Rooms, Planning, Single Family – Builder Magazine.

Google Glass apps to download for real estate | South Salem Real Estate

At HousingWire’s Real Estate Expo (REX Annual) this week,VaynerMedia Founder and CEO Gary Vaynerchuk advised the audience of real estate professionals to start eyeing up Google Glass. So, as a real estate agent, how should you be utilizing this new technology?

Google Glass allows users who walk down a street wearing the technology to see alerts about nearby houses on the market. The alerts are courtesy of Trulia which this week introduced an app for Google Glass. It is one of only a handful of apps available for the Internet-connected glasses, and is an example of how software developers are experimenting with the new device.

To read the full article, click here.

Google Glass apps to download for real estate | HousingWire.

Florida governor signs bill to speed up state’s foreclosure process | South Salem Real Estate

Florida’s governor signed a much-discussed foreclosure bill Friday, enacting a series of provisions aimed at speeding up the default process in the state.

While the legislation is considered a response to Florida’s untimely foreclosure timelines, it’s a big shift that has attracted a great deal of attention.

Attorneys working within the foreclosure space note House Bill 87 comes with new legal and procedural requirements. Critics refer to it as the ‘rocket docket‘ legislation, in reference to the quickened foreclosure review system previously in place. However, there are many procedural caveats that could make that comparison less appropriate.

The office of Florida attorney Daniel Consuegra even published an alert for attorneys advising them that HB 87 reduces the statute of limitations for filing a deficiency action to only one year from the sale or date of the acceptance of a deed-in-lieu. That section of the bill takes effect July 1.

“As a result you will need to act quickly and secure your deficiency judgment,” Consuegra said.

Furthermore, attorneys says the bill requires additional items to be presented with the foreclosure complaint – namely a certification of possession of the original note, or a lost note affidavit filed concurrently with the complaint, Consuegra pointed out.

To meet these demands, Consuegra said forms used in the process are likely to require modification, and it could take time to adopt them.

HB 87 also changes state law to where now any named party can move for “an order to show cause” – not just a plaintiff, the attorney noted.

“This presents some interesting challenges and opportunities that should be prepared for,” Consuegra said.

“Further, the changes in the law provide an avenue for plaintiff’s, for property other than owner occupied, to request the court to enter an order to show cause why an order to make payments or order to vacate the premises should not be entered. This could be an effective tool in dealing with litigious owners who are renting the properties.”

The bill also establishes adequate protection for lost notes and is designed to prevent what Consuegra refers to as “collateral attacks on foreclosure judgments by borrowers who were served in the action when the property has been acquired for value by a third party and all time periods to appeal have expired.”

 

Florida governor signs bill to speed up state’s foreclosure process | HousingWire.

How rising mortgage rates may affect the recovery | South Salem Real Estate

The news of rising rates has caused bond investors to begin selling out of their 10-year Treasury positions, driving yields for these bonds above 2%. Since mortgage rates correlate closely with Treasury yields, they have followed suit, rising about a quarter of a percentage point in just a week, writes Forbes.

“In Middle America I don’t see much impact since homes are so affordable,” explains Lawrence Yun, chief economist of National Association of Realtors. “The more expensive coastal regions… is where one will begin to feel the first decline or impact.”  

Yun suspects that California metro areas and east coast hubs like Boston, New York and Washington D.C. could begin to experience slackening sales because low-interest monthly mortgage payments in these relatively pricier places have helped make homes seem more affordable to more buyers despite the fact that relative to income, principal amounts are still expensive.

 

How rising mortgage rates may affect the recovery | HousingWire.

5 Home Renovations That Could Hurt Resale | South Salem Real Estate

pool

While a must-have for some buyers, swimming pools can also be a huge turn-off for other home shoppers.

Unlike the homeowner of 25 years ago, today’s typical buyers plan to live in their homes for just five to seven years. So it’s more important than ever to consider resale when making home improvements.

Even if you’re a buyer, it’s important to think like a seller, too, from the time you sign the purchase contract through any home improvement or renovation projects. The goal: Think about how your improvements might affect the sale of your home down the road.

Below are five home renovation/improvement projects that could actually hurt your home’s resale.

1. Going overboard on landscaping or gardens

A homeowner/seller may have a green thumb and be really proud of the time spent on the garden, the hedges or landscaping. But the next buyer might see it as too much maintenance, especially if you went overboard with your green thumb. Potential buyers may not be willing to pay for it (as part of the home’s overall price), hire a gardener or do the work themselves. This is especially true with Millennials and Gen X-ers. Of course, your property needs curb appeal, and nice landscaping does sell. But it could be just as easy to do a quick, inexpensive yard once-over before going on the market.

2. Converting a garage into a family room

Converting a garage into a family room may make sense if you don’t have a nice car or you simply want a bigger family room. Some people think a driveway is enough. But this is a huge “no-no” in real estate. A garage is expected, especially in the suburbs. If you take it out, you lose a huge chunk of buyers who simply won’t consider a home without a garage.

3. Taking out a bedroom

It’s common today for people to transform a bedroom into a huge master closet or into a home office with a built-in desk and cabinet. If you do, make sure the room can be easily turned back when you put the home on the market. Buyers with kids may need that bedroom. They’ll see the room you converted into a home office or closet as more money they’ll need to spend to turn it back into a bedroom.

A home office is the easiest to undo, as long as you haven’t built in intricate desks, shelves and cabinets. A large closet generally goes within a master bedroom, which includes taking out a door or putting up a wall — all of which is harder to undo.

4. Adding a swimming pool

Similar to landscaping, a pool requires maintenance and is an even bigger liability. This is very particular for certain parts of the country. If you’re in the South, in a warm environment, you can get away with it much more easily. A pool would be a common “must-have” on many buyers’ wish list.

If you’re in an area where it’s only warm a few months a year and pools aren’t common, adding one could be a big mistake. Then again, it’s your home, and if you plan to be there a long time, add the pool. Just know that it may be a turn-off to future buyers. When in doubt, consult your agent.

5. Adding highly personalized colors, finishes or fixtures

Often, homeowners put in tile, sinks, vanities, countertops and floor coverings that are hard to replace, and yet are specific to their tastes.

For example, you may be obsessed with the Moroccan tile from your Marrakesh vacation last year and want it in your kitchen. But the next buyer may not be so enthusiastic. Similarly, installing ceramic or marble tile all over the floors may be a costly mistake that others won’t want to pay for. Some homeowners assume that because they spent $50,000 in such upgrades, their homes will be worth so much more. But what may be a highly personal touch could make your home look like a “fixer-upper” to others. The end result: You’ll turn off a lot of buyers who don’t like your taste and don’t want to do the work to undo it.

 

5 Home Renovations That Could Hurt Resale | Zillow Blog.

Bankruptcy judge rejects efforts to stop foreclosures on Miami condo projects | South Salem Real Estate

Developer Renzo Renzi’s attempt to stop foreclosure auctions on two Miami condominium projects through Chapter 7 filings has failed.

Renzi’s companies lost an $18.2 million foreclosure judgment in Miami-Dade County Circuit Court in December, and used the Chapter 7 filings in January to stall the auctions.

 

Bankruptcy judge rejects efforts to stop foreclosures on Miami condo projects | HousingWire.

Some say housing may not lead the recovery | South Salem Real Estate

Robert Shiller, Karl Case and David Blitzer — leading experts in the housing market — believe several headwinds will keep a lid on housing gains, such as a low level of new home starts, an unexpectedly slow migration of so-called shadow inventory onto the market, and difficulty for buyers to secure financing, writes NBC News.

Yale University economist Shiller said:

“You’ve got a lot of breathless commentary in the media. All this talk that we’re in this great recovery—we probably are in the short run, the longer run doesn’t look so terrific to me.”

 

Some say housing may not lead the recovery | HousingWire.

Housing will reaccelerate economic growth: Fannie Mae | South Salem Real Estate

The year’s solid economic start faded late in the first quarter, but the recent setback is a temporary one, analysts claim.

The slow in activity is partly due to ongoing fiscal drags, including the budget sequester. However, a modest reacceleration is expected in the second half of this year, as the housing market continues to gain traction, according toFannie Mae’s economic outlook.

Housing is expected to act as a tailwind for the economy throughout the year and into 2014, even though there may be a few hiccups in overall economic activity.

“Our May forecast predicts that the second half of 2013 will be a little stronger than the first half, despite the slowdown during the past couple of months,” Doug Duncan, chief economist for Fannie Mae.

He added, “Employment numbers are getting better, albeit it at a relatively slow pace, and the April employment picture should help boost consumer sentiment toward the economy overall. However, we continue to keep an eye on potential headwinds to our forecast, including the long-term effects of sequestration, spending constraints, the sovereign debt crisis, and the impending debt ceiling.”

Residential investment contributed to economic growth for the eighth consecutive quarter, adding 0.3 percentage points during the first quarter of 2013.

Additionally, the annualized pace of total housing starts in March surpassed the one million market for the first time since the housing crisis, driven solely by a surge in multifamily housing.

Multifamily homebuilding has benefited from a shift in tenure choice over the past several years toward renting, according to Fannie Mae.

For instance, the homeownership rate continued to decline in the first quarter, dropping to 65% — the lowest rate since the third quarter of 1995, the report noted.

By contrast, new single-family home sales rose in March, jumping 51%, which is the biggest gain since the second quarter of 2003.

Despite the robust gain in new home sales in the first quarter, homebuilders’ confidence from the Nation Association of Home Builders’ survey continued to cool in April, declining for the third consecutive month.

 

 

Housing will reaccelerate economic growth: Fannie Mae | HousingWire.

6 ‘About Us’ Pages That Are Probably Better Than Yours | South Salem NY Realtor

When you’re building a website, it’s tempting to get distracted by all the bells and whistles of the design process and forget all about creating compelling content. But having awesome content on your website is crucial to making inbound marketing work for your business.

So how do you balance your remarkable content creation with your website design needs? Why, with your ‘About Us’ page, of course! For a remarkable ‘About Us’ page, all you need to do is figure out your company’s unique identity, and then share it with the world.

I know … easier said than done.

Still, there’s no excuse for you to neglect one of the most important pages on your website — which also happens to be one of the most commonly overlooked pages. Let’s read on to discover six companies with awesome ‘About Us’ pages and see how you can emulate them on your own website. By the end of this post, showing off how awesome your company is won’t seem like such a challenging feat.

1) Yellow Leaf Hammocks

Why the ‘About Us’ Page Rocks: It tells us a story.

Have a cool story about how your product or service was created? Put it on your ‘About Us’ page. Good stories humanize your brand and provide context and meaning for your product. What’s more, good stories are sticky — which means people are more likely to connect with them and pass them on.

Yellow Leaf Hammocks does an amazing job of telling you about its product by describing the founder’s journey to Thailand and the birth of his “big idea” for the brand. Like any good storyteller, Yellow Leaf Hammocks uses words to paint a picture, rather than simply describing the events that happened. Sentences like “the hammock wrapped around him, cocooning him in its cloudlike embrace” immediately give you a mental picture of what’s happening.

Yellow Leaf Hammocks

Our_Story_

Every company has a story to tell, so break out your storytelling skills from that random English class you took years ago and put them to work on your ‘About Us’ page. Using descriptive and emotive copy, an ‘About Us’ page with a story works harder for your business than a generic one.

2) LessFilms.com

Why the ‘About Us’ Page Rocks: It shows some personality.

You’re not like everyone else — so why should you sound the same as everyone else? Stand out with an ‘About Us’ page that shows off who you really are with witty headlines and a real brand voice.

That’s exactly what video production company LessFilms accomplished on its site using witty copy and the image of a large wrestler (yes, a wrestler). Although the wrestler dude and the funny headlines have nothing to do with LessFilms’ business model or product, they show off the founders’ sense of humor and give the brand a personality.

LessFilms

For your ‘About Us’ page, you don’t need to pretend to be a comedian if that isn’t part of your brand’s personality. Find another aspect of your brand’s personality to showcase and make a lasting impression by being yourself.

3) Eight Hour Workday

Why the ‘About Us’ Page Rocks: It’s human.

People tend to think that ‘About Us’ pages have to sound formal to gain credibility and trust. Most people find it easier to trust real human beings rather than a description that sounds like it came from an automaton. Trying to sound formal on your ‘About Us’ page results in stiff, “safe” copy and design — the perfect way to make sure your company stays invisible.

Eight Hour Day does a great job of showcasing the people behind the company to make the brand seem human. Including the founders’ names in the header of the website and featuring the photos of them on the ‘About Us’ page drives home the point that Nathan and Katie are a “couple that loves to create.” Even the picture of their dog makes you think Eight Hour Day has real people behind the brand.

Eight_Hour_Day

 

6 ‘About Us’ Pages That Are Probably Better Than Yours.

Housing looks even better today than yesterday | South Salem Real Estate

The chief US economist for Deutsche Bank, Joseph LaVorgna, tweeted some great news a little while ago.

He push-posted an economic review of the housing industry that shows the recovery is doing even better than originally thought:

“We believe investors still do not fully appreciate the direct positive effects a rejuvenated housing
sector will have on the economic outlook,” according to the report LaVorgna is tweeting about.

“When combing through the GDP accounts, we estimate that total housing-related spending — beyond just residential construction — accounts for a much larger share of the economy than some market participants currently may believe,” the analysts write.

So the outlook remains bright, as HousingWire yesterday reported, but it’s still not as good as it once was, Deutsche Bank notes.

 

Housing looks even better today than yesterday | REwired.