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
With large swaths of the U.S. still hunkered down at home, Lowe’s is teaming with leading fashion designers Jason Wu, Christian Siriano and Rebecca Minkoff to bring New York Fashion Week from the catwalks into the home.
The collaboration is among chief brand and marketing officer Marisa Thalberg’s efforts to reimagine the home improvement retailer since joining in February.
“One of things I love about being at a brand of this scale is it allows you to do things in a different way,” she told Adweek.
The decision to launch the admittedly unexpected partnership—pairing a home improvement store with clothing, rather than interior, designers—was born out of the insight that the connection between style and home has never been stronger, Thalberg said.
It hinges on two ideas: that the home is central to the thinking of the fashion
NEW YORK, NY / ACCESSWIRE / September 19, 2020 / Success is a product of years of discipline. Since his teenage years, stock trader Matthew Bonnafoux has dived into several business ventures. He learned through his experiences, faced many obstacles, and had to overcome failure. Today, Matthew is the CEO of Elite Luxury Design, one of the leading companies in the home renovation scene in New Mexico.
Matthew grew up with a goal to succeed as a stock trader and entrepreneur. Now at 22, he is managing his own luxury home remodeling company. After three months into the business, the company has earned over $150,000 under Matthew’s leadership and his team’s unparalleled performance. Elite Luxury Design is currently valued at $2.4 million, and it continues to expand its influence nationwide.
Elite Luxury Design is known for its incredible quality of work. “We follow core and valuable morals and ethics such
There are certainly a lot of things to consider when buying or building a home. You want every member of your family to be comfortable and safe, and maybe that’s why people are taking their dogs into consideration when it comes to making decisions about where they live.
In fact, amenities for dogs are a more important factor for millennials looking to buy homes than plans for marriage or a human family, but people of every generation are making their living spaces more dog-friendly.
Some are even making expensive choices when it comes to building or remodeling their homes with their pups in mind. Here are eleven awesome ways people are modifying their homes to make them better for dogs.
1. Dog Showers
Dog wash stations and showers are becoming very popular, and that makes a lot of sense if you think about it.
American Homes 4 Rent Welcomes 250th Resident at 215-Home Creekside Ranch Community in New Braunfels, Texas
First new home community in San Antonio market leasing from the $1,700s
AGOURA HILLS, Calif., Sept. 15, 2020 /PRNewswire/ — American Homes 4 Rent (NYSE: AMH) is pleased to welcome the 250th resident at its Creekside Ranch community in New Braunfels, Texas. After delivering the first phase of 92 of the 215 homes in this newly built single-family rental home community, the Company recently began the second and final phase of construction, which is scheduled for completion in late 2021. Creekside Ranch is AH4R’s first new rental home community in the San Antonio market, where it currently operates more than 1,000 units.
“American Home 4 Rent is proud to introduce the 215-home Creekside Ranch as our first new single-family home community in the San Antonio market,” said Zack Johnson, Executive Vice President of Acquisitions & Development for AH4R. “We are experiencing significant demand for this
09/13/2020, Malaysia, Johor Bahru // KISSPR //
September 14, 2020: All those who are under the misconception that luxury and sustainability don’t go hand in hand need to have a second thought. A leading Malaysian interior designer, Andreas Budiman, has debunked the myth like a boss with his innovative eco-friendly yet plush interior design and home renovation projects. The founder of Malaysia’s top interior design studio AND Studio, Mr. Budiman specializes in creating sustainable homes that can save on energy costs
A name of big repute across Malaysia and Singapore residential renovation scene, AND Studio is a full-service interior design and home renovation firm. The company offers specialized design consulting and home remodeling services and caters to all kinds of home renovation projects. Whether it’s a luxury makeover just for the kitchen or an overall makeover of an entire home, Mr. Budiman and his team are ready to work for
Graceful trees canopy the street at 1312 15th Street East in Saskatoon’s Varsity View neighbourhood where Lexis Homes’ Parade of Homes entry sits, showcasing a unique modern exterior.
The proximity to the University of Saskatchewan and downtown, along with a combination of traditional elements with modern twists, will make it an attractive design for many.
“You’ll notice we’ve gone with 10-foot ceilings on the front of the house,” points out Lexis president Cam Skoropat. He explains the goal was to maximize the amount of natural light in the space. With no windows allowed on the sides of the house, the oversized window in the living room and generous window in
Every once in a while, I’ll ask my Google Home ($130 at QVC) for something — , , — and it answers right away. But then, sometimes, it adds a tip I didn’t ask for, such as, “If you ever want to know what time it is, just ask.” Or, “By the way, if you’d ever like to hear a summary of your day, just say, ‘good morning.'” One tip it’s never had for me, however, is how to keep it from repeating the same descriptions of its features that I’ve already chosen to ignore time and again.
I wish the Google Home had a “brief mode” like the Amazon Echo, which you can set to simply ding when executing certain commands. Instead,
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If you’re thinking about selling your home, now may be the time.
The real-estate website Zillow reports that the pace of home sales is the fastest it’s been in more than two years. Inventory is low and prices are rising. Pandemic-weary city-dwellers seeking more space account for part of the surge in demand, real estate agents say. Historically low mortgage interest rates are probably another factor.
But even in this seller’s market, curb appeal is key. “You have seconds to get a buyer’s attention online,” says Susan Williams, a real estate agent with Coldwell Banker serving areas outside of Los Angeles. “Especially now, a buyer has to look at a home’s photo and be so seduced that they want to put on a mask and go look at it.”
So what changes should you