How Long it Takes to Save for a Down Payment

Daily Real Estate News | Friday, December 11, 2015

Which age groups are financially fit to buy homes the fastest? Hanley Wood’s Data Studio recently used Metrostudy and Census data to find out how long it would take each generation to save up a 10 percent down payment on a home based on the median household income and median home price for each age group.

Millennials and retirees tend to save for the longest amount of time in order to put a 10 percent down on a home, according to the study. More specifically, younger millennials aged 18 to 24 – who are usually recent college graduates – will have to save the longest at an average of 8.77 years in order to save enough for a 10 percent down payment on a home costing $221,600.

Retirees aged 65 and over will take, on average, about 7.37 years to save up for a down payment on a $291,000 home.

Americans aged 45 to 54 years old – who tend to be at their top earnings power — take the least amount of time to save up for a down payment. Still, it takes more than three-and-a-half years to save for that age group.

Here’s a breakdown of the years to save up for a down payment based on age:

  • 18-24: 8.77 years (average monthly mortgage payment: $597)
  • 25-34: 7.34 years (average monthly mortgage payment: $950)
  • 35-44: 5.45 years (average monthly mortgage payment: $1,073)
  • 45-54: 3.54 years (average monthly mortgage payment: $891)
  • 55-64: 3.72 years (average monthly mortgage payment: $766)
  • 65 and over: 7.37 years (average monthly mortgage payment: $532)

View the full results.

Source: “How Long Does Each Generation Have to Save for a Down Payment?” Hanley Wood Data Studio/BUILDER (Dec. 10, 2015)

“Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission”

Posted in Real Estate News | Tagged , , , , , , , | Comments Off on How Long it Takes to Save for a Down Payment

2015 Holiday Events

mid-columbia-balletMid-Columbia Ballet presents “The Nutcracker”

Dec. 11, 2015 – Dec. 13, 2015
7:00 pm
Richland High School Auditorium | Richland, WA
Other

Don’t miss this treasured holiday tradition! The Mid-Columbia Ballet with the Mid-Columbia Symphony and the Mid-Columbia Boys’ Choir proudly present “The Nutcracker.” Featuring guest artists Carli Samuelson and James Moore of the Pacific Northwest Ballet. December 11-13. Friday and Saturday evenings at 7pm and Saturday and Sunday matinees at 2pm at the Richland High School Auditorium. Tickets are $25 for adults, $18 for students and seniors, and $13 for children and are available online at MidColumbiaBallet.org or at the Dance Boutique in Richland. Call 946-5417 for more information or to order by phone.


 

bells-of-the-desert“From a Distant Land” – A Handbell Concert

Dec. 12, 2015 – Dec. 13, 2015
7:00 pm – 12:00 am
West Side Church South Chapel
603 Wright Avenue
Richland, Washington

Bells of the Desert, the Tri-Cities’ premier handbell ensemble, invites you to enjoy an encore presentation of their annual Christmas concert. This year they present “From a Distant Land” featuring Christmas music from around the world. You will enjoy typical holiday favorites like Go Tell it on the Mountain, Silent Night, and Greensleeves alongside international tunes like Bwana Asifiwe, a traditional Swahili melody, and Wexford Carol, an Irish Christmas carol. The concert will be at West Side Church’s South Chapel (603 Wright Ave., Richland) on Saturday, January 9 at 3:00pm.  Come for holiday music, treats and traditions from around the world! Admittance is free, but donations are appreciated for an equipment fund or general organizational costs.


 

Senske Holiday Light Show

Dec. 11, 12, 19th 2015
6:00 pm – 9:00 pm
Kennewick, WA

The light show with music plays nightly beginning December 10th with Open House events December 11th, 12th and 19th. Please read below for press release with details.

Senske Services Hosts Its 13th Annual Charity Holiday Light Show Benefiting 2nd Harvest

Senske Services is once again partnering with 2nd Harvest for its 13th Annual Charity Holiday Light Show and Open House. The Open House events will be held Friday, December 11th from 6-9 pm as well as Saturday, December 12th and 19th from 5‑9 pm.

The annual light show held at Senske headquarters, located at 400 N. Quay, Kennewick, consists of more than 340,000 holiday lights in an animated display. The show will continue throughout the month of December, which means that people who cannot attend the Open House can still drive by, park, watch and listen to the show.

During the Open House food and cash donations will be accepted to benefit 2nd Harvest. Santa will be available for holiday photos with every donation received. Additionally, Dutch Bros. Coffee and Between the Buns will be on hand to provide refreshments with proceeds going to 2nd Harvest. Senske neighbor O’Brien Construction will be graciously donating the use of its gravel lots for families to park and enjoy the show and Stripe Rite, a full-service pavement marking company, has once again generously donating large reader boards to assist with traffic control.

Last year this event raised $3,471 and 1,555 pounds of food.


 

12109244_804431433036209_5520526517400803009_nBenton City Winterfest

Dec. 12, 2015
9:30 am – 2:00 pm
Kiona-Benton City High School |1107 Grace Ave, Benton City, Washington 99320

Over 60 Crafters and Vendors. Food, Music… Family fun… and even a visit from…. you know who… SANTA!!!

Don’t shop big, shop for christmas here at Winterfest and get those one of a kind gifts for your friends and family!!


1890573_804438636368822_6507811648154662232_oBenton City Lighted Parade

Dec. 12, 2015
5:00 pm
Benton City, Washington

Parade begins at Ki-Be Middle School, ends downtown at City Park. Complementary cocoa and cookies, and tree lighting ceremony after the parade in City Park.


Winter Ice Magic – Frozen in Time

Dec. 18, 2015
6:30 pm
Toyota Arena | Kennewick, WA
$10 adults/ $5 kids 12 and under

A Holiday Show on ice.

Come see local skaters and a featured guest skating couple highlight both classic holiday favorites and some new fun pieces, including a visit from everyone’s favorite sisters from Disney’s Frozen.  A perfect evening to spend with your family.

Contact Toyota Arena with questions.


 

30dpl_official_town_flyer_1_30th Annual Desert Plateau Luminaria

Dec. 19, 2015
6:00 pm
Pasco, WA

At West Pasco neighborhoods between Burden Blvd. and Argent Road.

Miles of Lighted Masterpieces!  Together Desert Plateau residents turn their homes into stunning works of art.

The Desert Plateau Luminary Committee is planning its community celebration, a beautiful tradition that began 30 years ago


lampsonLampson Cable Bridge Run

Dec. 19, 2015
9:00 am
Starting Location is the Lampson Business Office | Kennewick, WA
Other

A wonderful Tri-Cities Holiday tradition! This is a holiday season run over the beautiful Cable Bridge connecting Kennewick and Pasco. So dress up in the holiday spirit or just dress warm either way you can participate in the race option that is bested suited for you, 1 Mile, 5K or 10K. Parking for the event is at the Benton County Fairgrounds where you will be shuttled to the starting line. You may register at www.pascoparksandrec.com.

Early Registration Deadline: Sunday, December 6, 2015

Early Registration Fee: $20 with a shirt or $15 without a shirt

Late Registration: Monday, December 7 – Wednesday, December 16, 2015

Late Registration Fee: $30 with a shirt or $25 without a shirt

Call the Pasco Recreation office at 509-545-3456 with any questions.


Living Nativity: Slow down to experience hope this Christmas

Dec. 18, 2015 – Dec. 23, 2015
6:00 pm – 8:00 pm
Richland, WA

Decorating, shopping, baking, wrapping. The kids are home from school but the emails keep coming from work. The in-laws will arrive at any minute. The neighbors just brought cookies and now it’s a scramble to reciprocate. With all the preparations for Christmas, all too often it seems the holiday passes by in the form of a to-do list instead of as a season filled with hope, joy, laughter and love.

This year, give yourself a break from the bustle so you can truly listen because “hope is here” and it came as a babe in the manger. Experience the Living Nativity at Hillspring Church’s traditional telling of the Christmas story.

The local cast features Mary, Joseph, Baby Jesus, angels, Roman soldiers, majestic kings and humble shepherd families. Live animals — including camels, sheep, cows, horses and donkeys — help tell the story. The Living Nativity journey begins with a modern retelling inside the church, but be prepared to bundle up as the Christmas story concludes dramatically outside around the manger.

The Living Nativity is held at Hillspring Church (formerly Cathedral of Joy),1153 Gage Blvd.,Richland. Performances are Dec.18 and Dec. 19 at 6 p.m. and 7 p.m.; Dec.21, Dec.22 and Dec. 23 at 6 p.m.,7 p.m and 8 p.m. Tickets are available starting Dec.1 at Albertson’s on Gage Blvd., at the Kennewick Ranch & Home,in the church office or online at hillspringtc.org. Tickets cost $10 for adults, $5 for children ages 5 to 12 years. Admission is free for children ages 4 and under.


 

Christmas Eve Bonfire Service

Dec. 24, 2015
5:30 pm – 12:00 am
Kennewick, WA

An outdoor Christmas Eve Service will be celebrated at Calvary Chapel Tri-Cities Amphitheater on 10611 West Clearwater Avenue in Kennewick from 5:30 – 7:00 pm on December 24th. This special outdoor event includes a bonfire, decorative lights, candle lightening and joyful music to celebrate Christmas Eve. Bundle up the family, snuggle under your blankets, sip complimentary hot cocoa or coffee and enjoy the festivities.  All are welcome and invited to experience the fellowship and community of Christmas Eve.  For more information contact, Calvary Chapel Tri-Cities.


 

First Night Tri-Cities

Dec. 31, 2015
5:00 pm – 12:00 am
Kennewick, WA

Welcome to the Tri-Cities biggest New Year’s Eve party – First Night Tri-Cities!

First Night is excited to hold this year’s event at the Three Rivers Convention Center in Kennewick! The Convention Center allows us to bring the entire event under one roof for the first time ever. Nowhere else in the Tri-Cities will you be able to celebrate New Year’s Eve with your entire family – no matter their age – enjoying a wide variety of visual and performing arts.

First Night Tri-Cities provides a safe and friendly environment for families to spend New Year’s Eve together. With several stages and activities running simultaneously, it’s the best value you’ll find anywhere in the Mid-Columbia on New Year’s Eve. One affordable ticket gets you admission to savor live music of all kinds, have your children participate in Kid’s Zone activities, get a kick out of a hypnotist show, enjoy exciting main stage acts, and then gather for a spectacular fireworks display at midnight! With several stages and activities running simultaneously, it’s the best value you’ll find anywhere in the Mid-Columbia on New Year’s Eve.

Come join us for this special community event that shows why the Tri-Cities is such a great place to live, work, and play! Whether you are 6, 26, 66, or 96 years old, we are confident there is something at First Night that will interest you. See you there!


 

 

 

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on 2015 Holiday Events

Mortgage Rates Still Below 4%, For Now

For the third consecutive week, the 30-year fixed-rate mortgage dropped, offering home buyers a chance to lock in lower mortgage rates ahead of the Federal Reserve’s largely predicted move to raise federal funds rate later this month.

Freddie Mac reports the following averages with national rates for the week ending Dec. 3:

  • 30-year fixed-rate mortgages: averaged 3.93 percent, with an average 0.6 point, dropping from last week’s 3.95 percent average. Last year at this time, 30-year rates averaged 3.89 percent.
  • 15-year fixed-rate mortgages: averaged 3.16 percent, with an average 0.5 point, falling from last week’s 3.18 percent average. A year ago, 15-year rates averaged 3.10 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.99 percent, with an average 0.5 point, falling from last week’s 3.01 percent average. A year ago, 5-year ARMs averaged 2.94 percent.
  • 1-year ARMs: averaged 2.61 percent, with an average 0.3 point, rising from last week’s 2.59 percent average. A year ago, 1-year ARMs averaged 2.41 percent.

Source: Freddie Mac

“Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission”

Posted in Real Estate News | Tagged , , , , , , , , , , , , | Comments Off on Mortgage Rates Still Below 4%, For Now

Stage the Bathroom: 7 Simple Ideas

By Melissa Dittmann Tracey, REALTOR® Magazine

Since 2000, the standard home for-sale was about 1,800 square feet – which mostly stayed steady for several years. But lately, the standard new home has swelled to 2,200 square feet, according to the National Association of Home Builders. Where is all of that extra space going? Bathrooms.

Builders are adding more bathrooms to homes, reports CNNMoney.

If buyers are putting so much more emphasis on bathrooms, you’d be wise to focus more on it in your staging too. Take a look at some of these photos below from Houzz to get inspiration for some simple, affordable ideas to stage bathrooms.

1. Try a luxurious, fluffy bath rug.

2. Add some fresh flowers, like a vase of hydrangeas, for some added color pop.

3. Show off some smart organization. You know, buyers will be peeking in the closets. 

4. Set up like a spa: Fluffy folded towels with lotions on a cart.

5. Swap out for a framed mirror.

6. Try a slightly bolder shower curtain and tie it back to add more drama.

7. Bring in some bling: Silver accessories can add some shine, as long as your home owner is committed to keeping them sparkling.

“Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission”

Posted in Real Estate News | Tagged , , , , , , , , | Comments Off on Stage the Bathroom: 7 Simple Ideas

4 Renovation Blunders That Can Hamper Value

Renovations are mostly done not only for a home owner’s comfort but to add value to their home. However, in some cases, home owners may end up making their home worth less depending on what they choose to do.

MarketWatch recently featured some of the most common renovations for home owners that potentially could decrease the value of their home, including:

1. Eliminating a bedroom: Even if the home owner plans to remove a bedroom in order to expand another one or make a living space larger, this renovation project likely could burn them at resale. The more bedrooms a home has, the higher the price it usually can get. “When you start eliminating bedroom space, you’ve completely changed the comparable value of your home in the neighborhood,” says David Pekel, president of Pekel Construction and Remodeling in Wauwatosa, Wis.

2. Renovating the garage into living space: Getting rid of the garage space in favor of an extra office, family room, or bedroom can be a turnoff to many potential buyers at resale, real estate professionals say. Seventy-four percent of recent buyers said that having a garage is extremely or very important, according to a survey of 7,500 people by Crescent Communities. For home owners who do choose to renovate the garage into living space, they may find leaving the garage doors on the outside a good move so that buyers could more easily convert the space back into a garage if preferable.

3. Removing closets: Michele Silverman Bedell, chief executive of Silversons in Westchester, N.Y., recalls a client who removed a closet out of the master bedroom in order to make a bigger master bath. But the renovation made the home much more difficult to sell, Silverman says. “People need closets,” she told MarketWatch. “They’ll walk in and count the number of closets per room.”

4. Too much wallpaper. While wallpaper can be removed, it has the reputation of being a lot of work to get it off.

See what remodeling projects offer the biggest paybacks at resale with Remodeling Magazine’s Cost vs. Value Report.

Source: “4 Renovations That Could Decrease Your Home’s Value,” MarketWatch (Nov. 16, 2015)

“Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission”

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , | Comments Off on 4 Renovation Blunders That Can Hamper Value

How Holiday Shopping Can Kill a Closing

Everyone loves a good sale, but make sure your buyers don’t go crazy with holiday shopping — because it could jeopardize their ability to close on a home purchase. After buyers have received a preapproval on their home loan, they must be cautious with their finances. If they go overboard with their shopping in the meantime, they could even kill the loan approval entirely.

Here’s what to make sure your clients know:

Don’t apply for new credit or accumulate new debt. It’s tempting to apply for a new store credit card offering added discounts on top of sale prices, but just filling out an application could be risky for your clients’ credit profile. Opening a line of credit requires a credit inquiry, which could not only stall their mortgage loan application but also impact their debt-to-income ratio. It could make a lender believe they’re a greater risk than they originally appeared. Home buyers need to avoid any major purchases, such as furniture or a car, before the home buying process is complete, says Tammi Robson, a mortgage broker at Metro Lenders in Denver.

Don’t transfer large amounts of money. Home buyers need to keep their money in one place as they await closing. Shuffling money between accounts can send red flags to lenders and make them concerned about undocumented funds or money troubles they may not have spotted beforehand.

Watch the gift money. If families are offering cash for holiday presents, buyers need to be aware that this may put their mortgage applications at risk. Lenders will be scrutinizing their accounts and looking for unusual deposits, such as those that are 50 percent or more of their monthly income. They are also looking for any unusual withdrawals. Buyers may need to be prepared to explain any large deposits or withdrawals.

“Copyright NATIONAL ASSOCIATION OF REALTORS®. Reprinted with permission”

Posted in Real Estate News | Comments Off on How Holiday Shopping Can Kill a Closing

5 Holiday Hosting Disasters and How to Avoid Them

Imagine you’re preparing to host your annual holiday party, and you’re past the point of no return. The veggies and meats have been bought. Guests are already braving busy airports and crowded highways to get to your home — and then your oven won’t turn on. Your home-cooked meal has quickly turned into a microwave dinner.

That’s just one of many hosting nightmares that can end your holiday party before it even begins. Thankfully, some of the most damaging mishaps easily can be avoided. We collected five of the most prevalent issues and give you preventative tips to keep your holiday party on track.

Problem: The Oven Doesn’t Heat

For any holiday occasion, the oven is the most important appliance in your house. If it fails to work, the centerpiece of your meal could go from roasted beef, ham, duck, or Tofurky to Peking Duck from the local Chinese takeout joint.

How to avoid:

  • There are any number of reasons a stove can break, but one common cause of disaster is easy to prevent. Don’t self-clean your oven until AFTER the holidays. You risk blowing a fuse or a thermostat, and tracking down an oven technician around the holidays can be tough.

Problem: The Kitchen Sink Clogs

The day after Thanksgiving is the busiest of the year for plumbers. The prime cause of this clog-a-thon is the mistreatment of drains when cooking holiday feasts. We hope your Thanksgiving went well, and that you avoid clog-a-thons for the rest of the holidays.

How to avoid:

  • Fats and cooking oils can solidify in your pipes, so never dispose of them in your kitchen sink.
  • If you have a garbage disposal, make sure it’s running before anything goes in it, and never feed it any stringy, fibrous, or starchy foods like poultry skins or potato peels.
  • To fix, don’t rely on chemical drain-clearing products that can harm your pipes. Use a snake instead, available for $15 at your local hardware store. Best to keep one on hand.

Problem: The Heat Goes Out

As the party’s host, you’re supposed to hang guests’ coats — not apologize to them for having to keep them on. A lack of heat can stop a holiday party dead in its tracks.

How to avoid:

  • The key to avoiding freezing your party to a standstill is regular maintenance of your HVAC. Every 90 days, a new one-inch pleated furnace filter should be installed. If you haven’t done it in a while, now’s a good time to replace it.
  • Also inspect insulation on refrigerant lines that are leading into your house. Replace them if they’re missing or damaged.

Problem: The Toilet Stops Up

Toilets have a way of clogging up at the worst times, such as during parties and when you have overnight guests. This is especially true if you have a low-flow toilet from the early 1990s.

How to avoid:

  • Don’t flush anything other than sewage and toilet paper down the toilet. And there’s nothing wrong with putting up a polite note to remind your guests to do the same.

Problem: The Fridge Doesn’t Cool

Without a properly functioning refrigerator, your meat could get contaminated, your dairy-based treats could go sour, and you may not be able to save your yummy leftovers. To avoid discovering a warm fridge after it’s too late, take these simple precautions.

How to avoid:

  • Get a thermometer for your refrigerator to make sure each shelf stays below 40 degrees and you can be aware of any temperature changes.
  • Also make sure the condenser coils located on the back of the unit or beneath it are free to breathe. Coils blocked from circulating air by cereal boxes atop the fridge, or dirtied by dust or pet hair can prevent a fridge from keeping cool.

Read more: http://www.houselogic.com/home-advice/home-thoughts/holiday-hosting-tips/#ixzz3s4wiPiIe
Follow us: @HouseLogic on Twitter | HouseLogic on Facebook

“Visit HouseLogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS®.”

Posted in Real Estate News | Tagged , , , , | Comments Off on 5 Holiday Hosting Disasters and How to Avoid Them

The Understated Master Bathroom

Forget the extravagant bling of the 1980s and monochromatic spa look of more recent years. Home owners desire a more affordable, personal style, along with water and energy conservation.

Master bathrooms, along with the average home’s overall footprint, grew larger in recent decades. And with more square footage came excessive luxury and expense—tubs with aromatherapy kits, exotic countertop materials, coffee makers, small refrigerators, and showers for two with an arsenal of body sprays that performed like a human-sized car wash.

But changes are afoot. As homes have decreased in size, many people prefer to put any extra space into other areas of the house, such as closets, says Stephanie Pierce, senior manager of the design studio at MasterBrand Cabinets. They also don’t always see the need for more than one tub in the house, and often there’s already one located in bathrooms designated for children or guests.

What’s out: For now, these trends have bitten the dust for many home owners, according to Chicago designer Tom Segal:

  • Chandeliers
  • Vessel sinks
  • Heated towel racks
  • Arrays of shower jets and sprays
  • Big two-person tubs
  • Cabinet doors on vanities
  • Granite countertops
  • Dark colors
  • 1- by 1-inch glass tiles

Concern about getting money that’s been invested in a remodel back at resale is another driving force spurring home owners to spend less on master bathrooms. It’s tough to justify significant expenditures when buyers seem to attach greater value to adding a deck or replacing a garage or entry door, according to the 2015 “Cost vs. Value” report. Bathrooms remodeled with upscale finishes and fixtures, for example, cost around $54,115 this past year and returned only an estimated 60 percent of that in the sales price. Less costly midrange redos brought back a better return of 70 percent, according to the same survey.

Yet, having a personalized, functional master bathroom with a touch of luxury remains a buyer priority. “People aren’t going to the extreme they once did, but they want a room that looks fresh,” says Sarah Barnard, a designer in Santa Monica, Calif.

Rather than relying on trends from the hotel industry as has been popular in years past, Elissa Morgante of Morgante-Wilson Architects in Chicago says, home owners are more likely to use their own needs as inspiration. Case in point: Nikki Wheeler resisted a designer friend’s advice when remodeling her master bathroom in her 1890s Denver home.

The jury’s still out on bath tech

The amount of technology home owners want in their bathrooms depends, in part, on where they live. In designer Claudia Juestel’s San Francisco base, home owners want cabinets with outlets and a section that can keep medicine refrigerated, TVs concealed in mirror fronts, showers with digital controls, and lighting personalized wirelessly through apps such as HUE. Chicago designer Tom Segal says some of his clients love these bells and whistles, but others don’t want to deal with computerized controls in showers or self-cleaning, heated toilets with seats that automatically rise as they are approached.

“She was pushing me to knock down walls to create a magnificent oasis. I thought with an older, more historic home, creating these giant hotel-style bathrooms didn’t fit,” she says. Wheeler kept within the existing footprint, adding a vaulted ceiling and upgrading the shower, countertop, cabinets, and floor.

Making these types of changes can make a big difference when selling, says sales associate Paul Wyman of The Wyman Group in Kokomo, Ind. An outdated bathroom requires a lot of work, and most buyers will favor a house with a redone bathroom over an unfinished one, he says.

Today’s understated master bathrooms are influenced by the following eight style categories. Encourage your buyers and sellers to pick and choose which upgrades or which categories to focus on to come up with their own personalized take on this trend:

  • Aesthetic. In recent years, spas inspired the emergence of tranquil, often monochromatic bathrooms. But many home owners found the look too spare and didn’t want to feel like they lived in a hotel, says designer Tiffany LeBlanc, whose eponymous firm is based outside Boston. “People want a look that’s more authentic and personalized, with their favorite colors and materials,” she says. The preference now, Barnard says, is to eschew classical or historic styling, even in traditional homes and for older clients. Chicago designer Tom Segal of Kaufman-Segal Design says he’s seeing industrial or rustic elements being introduced in these contemporary designs, via wood-grain accents, large pendant lights, and other smaller touches.
  • Fixtures. Showers have gotten smaller and the number of jets and sprays that once seemed de rigueur has been dialed down. “Nobody wants to feel they’re being attacked. It became a sensory overload,” LeBlanc says. Instead, more designers equip showers with a single, often oversized head in the ceiling and a handheld sprayer attached to a wall. If a tub is included, it’s most often a simple rectangular design and not a whirlpool, though freestanding oval tubs are newly popular thanks to their sculptural look. Wall-hung toilets are growing in popularity due to the ease of cleaning. Another popular selection is “comfort height” models, which sit an inch or two higher to make it easier to sit down and get up, says Lauren Schreyer, a designer and broker with Related Realty in Chicago. When it comes to sinks, rectangular shapes are preferred. Segal says if home owners are concerned about resale and have the space, a dual-basin vanity is the safest choice for the master bath.
  • Cabinetry. White matte paint, glossy lacquer, and pale oak remain popular finishes for the master bath, says Morgante. More cabinets are being fitted with drawers rather than doors to make accessing contents easier, which follows the trend in kitchens, says Pierce, who adds that cabinet fronts are also less embellished than they have been. Bucking the overall less-is-more trend, medicine cabinets have gotten larger and deeper to help compensate for the disappearance of the bathroom closet. Segal likes medicine cabinets to be a minimum of 4 inches deep, with as much as 8 inches if space permits.
  • Faucets. Though chrome and nickel still appeal to many, rose gold, bronze, oil-rubbed bronze, and brushed gold are the trending faucet finishes to consider. Because of conservation concerns, many manufacturers are engineering products that pare the flow but don’t change the bathing experience for users, says Tim Burdett, marketing manager of Pfister Faucets, which is reacting to new water regulations in its home state of California.
  • Walls, floors, and countertops. Subway tiles remain a classic choice for walls, but they’re getting bigger than the traditional 3- by 6-inch size, which also requires less grout, says Morgante. The materials are increasingly made from natural stones rather than glass, metal, or other high-gloss finishes, Barnard says. Floors are also being laid with larger-format tiles, often highly durable porcelain that can mimic marble and wood but sometimes real reclaimed boards that are sealed to withstand moisture, says Chicago designer Mikel Welch. Granite is disappearing from countertops, as it has in kitchens, and is being replaced with marble, natural quartzite, and manmade quartz, all of which also stand up well to water, Segal says. However, he warns clients that nail polish remover can etch these surfaces.
  • Color palettes and textures. White remains the favorite palette, but color experts like Jackie Jordan, director of color marketing for Sherwin-Williams Co., cites a trend toward a less stark option with a pink-beige or gray cast, as well as warm taupe. Pierce also sees an increase in tone-on-tone brushed effects, distressed wood with visible grains, or layering of colors to add dimension. When picking paint, Jordan advises splurging on high-quality options that can resist stains, mold, and mildew, such as her company’s Emerald line. Some designers like Barnard find clients still enjoy having a favorite saturated color like a pumpkin orange or canary yellow on an accent wall. For a similar reason, wallpapers have returned in textured vinyls and grass cloths that withstand water and humidity. Welch suggests handmade Turkish oushak rugs, rather than just bath mats, as another way to introduce texture.
  • Lighting. Decorative housings are still popular and help to reflect personal style, says Claudia Juestel of Adeeni Design Group in San Francisco. But instead of glitzy chandeliers, choices now include subtle but interesting pendants and sconces, both fitted with LED bulbs to save energy and dimmers to span the wide variety of needs from morning to night.
  • Affordable extras. Splurging on items that are used every day can both be a smart staging strategy and a good way to ensure home owners will continue to enjoy a remodel until it’s time to sell. Bringing in luxury in a value-added way was the thinking behind entrepreneur Scott Tannen’s newly launched company, Boll & Branch, which offers organic, fair-trade cotton bath towels in five neutral hues. “People want value but will pay a bit more so they don’t have to replace these kind of items every year,” he says.
Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , | Comments Off on The Understated Master Bathroom

Thank you Veterans!!

Thank you everything you gave so we could have even the smallest of freedoms!!! We are truly grateful for ALL of your sacrafices!! You truly deserve to be honored everyday, not just today. Thank you America’s Veterans!!Veterans

Posted in Real Estate News | Comments Off on Thank you Veterans!!