Posted in home

Autumn of heartbreak for home shoppers as Seattle-area prices hit new record highs

In a normal year, September would be when housing prices begin to level off.

But what about 2020 is normal?

Pulled up by unrelenting demand and an inventory drought, King County home prices hit a new all-time high of $753,600 in September, a 14% bump over last year, according to new data from the Northwest Multiple Listing Service.

Potential sellers are hunkering down, choosing to refinance rather than list, reducing the number of homes on the market in all of Western Washington to half as many as last year.

The market for homes priced less than $800,000 is especially intense, brokers said, as first-time homebuyers and former condo-dwellers look for more space as the pandemic drags into its eighth month.

For buyers seeking to compete at that price point, bidding wars, fleeting listings and all-cash offers are the norm. Typical for this market: The two-bedroom Wedgwood rambler that sold in

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Posted in home

IKEA gets sales boost from shoppers’ new stay-at-home focus

STOCKHOLM (Reuters) – IKEA sees sales returning to growth this year after the coronavirus crisis boosted shoppers’ interest in spending more on their homes, a trend the world’s biggest furniture retailer believes is here to stay.

IKEA is shifting focus from its traditional large out-of-town stores towards e-commerce and smaller inner-city formats as it adapts to the growth of online retailing and new shopping habits.

Jon Abrahamsson Ring, an IKEA veteran who became CEO of brand owner and franchisor Inter IKEA in March, said that, including test formats stores, some 50 new stores would open in the current year, against around 30 in 2019/20. Most of IKEA’s new stores are in inner-cities.

Retail sales – sales of products and services at the 445 IKEA stores and online – shrank 4% in the year through August, to 39.6 billion euros ($46.7 billion).

Abrahamsson Ring told Reuters retail sales at comparable stores

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Posted in kitchen ideas

Shoppers are obsessed with this $79 white kitchen trolley from Kmart

Why shoppers are obsessed with this $79 white trolley from Kmart that’s perfect ANY kitchen

  • A white kitchen trolley from Kmart is being praised by customers online 
  • The $79 product is ideal for those who have limited kitchen space 
  • It’s built with a drawer, side hooks, basket, wine rack and wheels at the bottom
  • Many use it to store kitchen gadgets including air fryers and milkshake machines

A $79 white kitchen trolley from Kmart with multiple storage compartments is being praised by customers across Australia.

The trolley has a table top, drawer, wine rack, basket, side hooks and is built with wheels that can be locked into place.

Several shoppers shared images to the Kmart Homes, Ideas and Hacks Facebook group to reveal how the trolley has helped save kitchen

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Posted in home repair

Ocado sales surge as shoppers stay home [Video]

Another busy quarter for the robots at Ocado warehouses…

The UK online supermarket says revenue at its retail arm jumped 52% as shoppers stuck at home opted to get their food delivered.

That took third-quarter revenue to about 756 million dollars.

The growth follows an over-40% surge in the previous quarter.

Online food shopping has more than doubled its share of the UK market since the global health crisis began.

14% of all groceries are now delivered, and Ocado reckons that could hit 30% over the next few years.

The coming quarter will mark a key test for the firm though.

From the first of September it has dropped long-time partner Waitrose.

Instead it will offer products from rival chain Marks & Spencer.

Ocado says customers have responded positively to the switch, with demand for the new range driving an increase in the number of products in customer baskets.

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