Posted in home

Home Prices Skyrocketing Because Of Low Mortgage Rates, Not Because COVID-19 Increased Demand For Large Homes

Home prices are skyrocketing in most U.S. markets despite COVID- 19, a recession and a shockingly high unemployment rate.

Many analysts are speculating that part of the boom in house prices is caused by COVID-19 – that some people are concerned about COVID-19 contagion and don’t want to live any more in tight, multi-family buildings so they’re buying single-family homes in the suburbs. Another theory along the same lines is that because working from home has skyrocketed, some people want more space so they’re buying larger single-family homes, especially if their kids are home all day, too. This seems to be happening in metro New York City but what about places that weren’t hit as hard by COVID-19 and aren’t as dense as New York City?

Certainly the lower mortgage interest rates are a huge part of the current home price

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Posted in renovation

Re-do plan to debut for long-stagnant Palm House hotel in Palm Beach


The new owner of the long-stagnant hotel project plans to present its renovation plans to the Architectural Commission.

Darrell Hofheinz
 
| Palm Beach Daily News

Palm Beach residents who have grown weary of looking at the long-vacant-and-unfinished Palm House hotel project on Royal Palm Way could get their first glimpse Wednesday of the new owner’s renovation plans.

The project is on the agenda of Wednesday’s Architectural Commission, when the board is expected to review the plans proposed by LR Palm House LLC. That limited liability company paid about $40 million for the hotel building in May 2019 in a private sale approved by a bankruptcy court.

The company is affiliated with London + Regional Properties, an international real estate investment firm specializing in hospitality projects through its L + R Hotels division.

Work at the hotel halted abruptly nearly six years ago and never re-started. The property eventually ended up

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Posted in kitchen remodel cost

Slide is centrepiece of Walker house renovation by Reflect Architecture

Reflect Architecture has renovated a house for a young family living in Toronto, Canada, by brightening its truncated interiors and twisting a blue slide through its centre.

The update to the house, which is named Walker, was focused on reconfiguring the existing layout to create lighter, open spaces that better serve the family’s lifestyle and encourage them to spend time together and play.

Walker house in Toronto, Canada, by Reflect Architecture
The exterior of Walker. Top image: the children’s slide

Walker’s centrepiece is the children’s spiralling blue slide, which plummets through the heart of the house and connects the basement level to the ground floor.

The slide was designed by Reflect Architecture to animate the lower-level so that it did “not feel like a basement” and to also help bring in natural light via the large opening that it required.

Walker house in Toronto, Canada, by Reflect Architecture
A folding staircase is positioned next to the slide

“Both of the parents are entrepreneurs in the health

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Posted in home

The ‘Aquarius’ House: Opal’s Encino Midcentury Modern Home

The song “Aquarius” from the musical “Hair” references a time of peace, love, harmony, and “trust abounding.” So it is fitting that executive producer John McNamara chose to name his 2015 television series, set in 1967 Los Angeles — two years before the horrific Tate-LaBianca murders cast an indelible pall over the city — in honor of the tune. Billed as historical fiction, “Aquarius” (currently streaming on Netflix) follows Charles Manson (Gethin Anthony) after his release from his second long-term prison stint, as he assembles his so-called “family,” attempts to start a music career, and begins to enact his reign of terror. Also at the center of the story is dogged Hollywood PD detective Sam Hodiak (David Duchovny), a World War II vet fixated on nailing Manson, as well as righting other wrongs of the period.

 

Decidedly darker than 2019’s “Once Upon a Time in Hollywood,” the most notable of

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Posted in lowe's home improvement

Charges dismissed against man who allegedly assaulted Judge Wolff inside Lowe’s

Bexar County authorities have dismissed the disorderly conduct charge against the San Antonio man who allegedly assaulted Bexar County Judge Nelson Wolff inside a Lowe’s Home Improvement store



a sign on the side of a building


© Provided by KENS-TV San Antonio


Terry Toller, 47, turned himself in after officials said he allegedly assaulted Judge Wolff inside the store in June. He was arrested on a warrant for assaulting a peace officer/judge, which is a 2nd-degree felony. 

However, just a few hours later, the charge was reduced to a Class C misdemeanor. The LaHood Norton Law Group said they would be representing Toller.

BCSO said Judge Wolff was approaching the checkout counter inside the Lowe’s off I-10 and Callaghan Road when the cashier asked Toller ahead of him to wear a mask. According to Wolff, Toller became belligerent and started berating the cashier.

Wolff told investigators he stepped in to break up the altercation and explain recent

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Posted in kitchen remodel

A home improvement project you’ll use every day! Maximize the storage space in your kitchen or bathroom

Alan Regala, ShelfGenie of Seattle, shows us how to create a more functional home, without a complete remodel. Sponsored by ShelfGenie.

SEATTLE — ShelfGenie of Seattle’s custom-designed storage solutions can add more space, organization, and accessibility to your existing cabinets.  

In this interview, Alan Regala, ShelfGenie Director of Client Happiness, explains how revamping your cabinets with custom Glide-Out shelves can help you better utilize your space and keep clutter to a minimum.

SPECIAL OFFER: The first 15 New Day callers will get a free professional design consultation and free installation. Call 888-848-1372 to schedule an appointment or visit shelfgenie.com/seattle to learn more.

About ShelfGenie: “ShelfGenie custom Glide-Out shelves are the best way to eliminate common frustrations in the kitchen, pantry, and bath. Our custom-designed storage solutions add more space, more organization, and more accessibility to your existing cabinets. 

We pride ourselves on having the best quality Glide-Out shelves available to

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Posted in kitchen design ideas

A Burmese Kitchen That Combines Fidelity and Freedom

Rangoon, a Burmese restaurant that opened in Brooklyn this year just in time for the pandemic, is not precisely the place that its owners, Myo Moe and Daniel Bendjy, envisioned. Still, you should go.

Ms. Moe, the chef, would build her plates with more contrast and complexity if the world weren’t upside down. The rice noodles she serves in a spicy, salty, dark sauce of fermented black beans should be fatter, she says, but supply disruptions have forced her to settle for a narrower gauge. Try them anyway, along with the tea-leaf salad, even though the lotus root it should contain isn’t always available.

Takeout and delivery have kept Rangoon afloat since March, when the restaurant had to close its dining room while it was still in soft-opening mode. A number of dishes have been stripped down, made simpler and sturdier so they can be packed in disposable containers. Order

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Posted in improvements

2021 Chevrolet Silverado gets Multi-Flex tailgate, towing updates

As promised, GM detailed the forthcoming updates to the 2021 Chevrolet Silverado pickup Monday morning, highlighting its adoption of a Chevy-branded variant of GMC’s MultiPro tailgate, dubbed “Multi-Flex.” And like the Sierra, the 2021 Silverado gets a handful of towing updates as well. 

The trickling down of GMC’s exclusive tailgate was a bit of an inevitability, especially since the two pickups are fundamentally identical. With this shift may eliminate one of the more-premium Sierra’s sexier advantages, GMC does still have one feather in its cap: the outrageously cool (and somewhat outrageously priced) carbon fiber CarbonPro bed. 

On the towing front, the biggest news is that both the 2.7-liter turbo-four and Duramax 3.0-liter turbodiesel engines had their towing capacities increased for 2021. Some variants of the 2.7-liter model saw their ratings go up by as much as 2,500 pounds; the diesel’s rating was increased by 1,900 pounds pretty much across the

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Posted in home improvement loans

Collections are up, but MSME loans emerge as Achilles heel for NBFCs

India’s non-bank lenders are bracing for a big flood of delinquencies from micro, small and medium enterprises (MSMEs), the worst hit by the pandemic.

The wariness still lingers despite improvement in repayment collections in the past two months. Lenders believe this to be a temporary relief.

The collection efficiencies of non-bank lenders have seen an improvement even for vulnerable segments such as MSMEs and microfinance. Analysts at Crisil Ltd estimate that collection efficiencies were 65-70% of pre-pandemic levels in August for MSMEs and microfinance. In comparison, collection efficiencies were 25-30% during the lockdown months of April and May, and around 55-60% in June and July.

Not quite there

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Not quite there

“Businesses in big cities are still impacted, but in many areas, they are back in business. We have seen improvement in our collections,” said Rajesh Sharma, managing director at Capri Global Capital Ltd, a non-bank lender catering mainly to

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Posted in renovation

Pilot, Haslam family give $5M for East TN Children’s Hospital Emergency Department renovation

Work will include dedicated behavioral health care section.

KNOXVILLE, Tennessee — Knoxville-based Pilot Company and members of the Haslam family are donating $5 million to renovate the Emergency Department at East Tennessee Children’s Hospital in Fort Sanders.

Department improvements will include dedicated trauma rooms and an expanded lobby. Also, there’ll be a behavioral health care section, “providing safe spaces for patients receiving treatment or awaiting inpatient placement. Sensory-sensitive rooms also will be available.”

It’ll be called the Pilot Emergency Care Center, recognizing those who have worked and will work as Pilot Company team members and their families.

Children’s Hospital President and CEO Matt Schaefer in a news release thanked the Haslam family for the gift.

“I am proud to be part of an organization that runs to where the need is, and humbled to have the backing of the Pilot Company and Haslam family in this effort. The children of

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