Mortgage Rates Back Down From 2-Month Highs

Mortgage rates moved lower today, even though underlying bond markets (which ultimately drive rates) suggested a move higher. This happens from time to time and it's usually a factor of timing. Today is no different. Bond markets were improving throughout the day yesterday, but started out at much weaker levels. Bond market weakness is associated with higher rates. As such, yesterday's rates were the highest we'd seen in roughly 2 months. As bonds improved throughout the day, many lenders abstained when it arguably became time to release friendlier rate sheets. When that happens, lenders become more likely to pass along the market gains the following morning--assuming the market gains make it through the night. That was the case today, and it allowed lenders to put rates back in line with the

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/29/3013

Mortgage Rates Trying to Find a Ceiling; Investors and Low-Doc Pushing Credit Risk Higher

Mortgage rates were decidedly higher this morning, with most lenders back above last week's highs. At the time, those were the highest rates in more than a month, although the range has been relatively narrow. Underlying bond markets improved throughout the day, however, resulting in a fair amount of lenders revising rate sheets for the better. After those revisions, rates are pretty close to yesterday's levels. One thing's for sure: the average lender is still definitively higher compared to last Friday's rates. Keep that in mind if you encounter one of the many news stories citing "unchanged" week-over-week rates from Freddie Mac's Survey (which, as you may have guessed, can run a bit behind more up-to-the-minute changes). From a strategy standpoint, today's resilience is a welcome sight

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/28/3011

Rates Jolted Higher By Tax Plans; Ginnie Under Fire Over Non-Banks; Housing Momentum "Drained"

First thing's first: mortgage rates didn't have nearly as bad a day as US Treasuries. The latter serve as a general benchmark for the former, but can take cues from different sources with varying levels of intensity. Today's most widely-discussed cue was yesterday afternoon's release (or "leak") of Trump's tax plan . It's essentially a thorough bullet-point list that serves as a starting point for a drawn-out legislative process. At the end of the day, actual tax reform may be quite a bit different than the details being circulated today. That fact may help explain why there wasn't a bigger, more unified reaction in other markets (like stocks). More simply put, if rates were truly reacting exclusively to the promise of economic strength due to tax reform, we'd expect to see movement in other

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/27/3009

Consumers Not Feeling Housing Funk; Credit Standards and Competition; Prices Stabilize

Home sales might be a bit disappointing, but the National Association of Realtors® (NAR) says consumer attitudes about the economy are not the reason why . NAR's third quarter Housing Opportunities and Market Experience (HOME) survey found increasing confidence among respondents about the direction of the national economy and their own finances. There were also more responses that it was a good time to sell a house, and among renters, that it is a good time to buy. With home prices appreciating rapidly, it is no surprise that the share of homeowners that believe now is a good time to sell is moving higher. A survey high 80 percent of homeowners said this is now a good time to list their home for sale, up from a second quarter total of 75 percent, and 13 percentage points above such responses

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/25/3007

Mortgage Rates Back Down From 2-Month Highs

Mortgage rates moved lower today, even though underlying bond markets (which ultimately drive rates) suggested a move higher. This happens from time to time and it's usually a factor of timing. Today is no different. Bond markets were improving throughout the day yesterday, but started out at much weaker levels. Bond market weakness is associated with higher rates. As such, yesterday's rates were the highest we'd seen in roughly 2 months. As bonds improved throughout the day, many lenders abstained when it arguably became time to release friendlier rate sheets. When that happens, lenders become more likely to pass along the market gains the following morning--assuming the market gains make it through the night. That was the case today, and it allowed lenders to put rates back in line with the

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/29/3013

Going Global - Show 451

Real Estate Today Radio - SHOW 451

On this week's Real Estate Today, it's our special show "Going Global."

This Week's Show Includes:
- Top News Of The Week
- Certified International Property Specialist
- Exchange Rates
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

from
http://retradio.com

Is Geography Destiny?

Zoning and other local land use regulations have increased over the last three decades, particularly in high-growth cities and metropolitan areas. More

from
http://www.freddiemac.com/research/insight/20170929_is_geography_destiny.html?attr=rssCB

Millennials Going Over Budget to Buy Homes in Today's Hot Market

The 2017 Zillow Group Report explores affordability challenges facing renters and a first look at post-millennial Generation Z's housing patterns

from
http://zillow.mediaroom.com/2017-09-27-Millennials-Going-Over-Budget-to-Buy-Homes-in-Todays-Hot-Market

Why You Should Stage a Cozy Fire Pit Area

By Melissa Dittmann Tracey, REALTOR® Magazine

Fire features, like outdoor fire pits and fire tables, are in demand. The National Association of Landscape Professionals calls it one of the hottest landscape trends for the fall, based on a recent survey of 5,000 of its member landscapers.

These hot-spots can be a great way to show off the entertaining potential of your outdoor space. Set up a fire pit with a few outdoor chairs around it. You can even drape a blanket over one chair and add ingredients to s’mores on a table to finish off this perfect cozy fall scene.

Consider, taking a picture of your fire pit with the flames at dusk to even add to your listing photos to highlight as a selling point too. (A professional photographer may be best to get this picture so that the lighting is perfect.)

Check out these chic fire pit areas featured by designers at Houzz.

Photo by Envision Landscape Studio – Browse patio photos

Photo by Alderwood Landscape Architecture and Construction – Browse patio photos

Photo by Elevation Architectural Studios – More patio photos

Photo by Arterra Landscape Architects – Browse patio photos

Photo by Draper white – Discover patio design ideas

Photo by Sycamore Design – Discover patio design ideas

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/rd2ngAClMVM/

Mortgage Rates Trying to Find a Ceiling; Investors and Low-Doc Pushing Credit Risk Higher

Mortgage rates were decidedly higher this morning, with most lenders back above last week's highs. At the time, those were the highest rates in more than a month, although the range has been relatively narrow. Underlying bond markets improved throughout the day, however, resulting in a fair amount of lenders revising rate sheets for the better. After those revisions, rates are pretty close to yesterday's levels. One thing's for sure: the average lender is still definitively higher compared to last Friday's rates. Keep that in mind if you encounter one of the many news stories citing "unchanged" week-over-week rates from Freddie Mac's Survey (which, as you may have guessed, can run a bit behind more up-to-the-minute changes). From a strategy standpoint, today's resilience is a welcome sight

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/28/3011

Roundup: Ohio taco eatery expanding to Indy; more burger joints opening

Condado Tacos commits to Broad Ripple, with plans for a downtown location, while Burger Study opens Monday amid fierce competition in the upscale burger segment.

from
https://www.ibj.com/blogs/3-property-lines/post/65515-roundup-ohio-taco-eatery-expanding-to-indy-more-burger-joints-opening

Rates Jolted Higher By Tax Plans; Ginnie Under Fire Over Non-Banks; Housing Momentum "Drained"

First thing's first: mortgage rates didn't have nearly as bad a day as US Treasuries. The latter serve as a general benchmark for the former, but can take cues from different sources with varying levels of intensity. Today's most widely-discussed cue was yesterday afternoon's release (or "leak") of Trump's tax plan . It's essentially a thorough bullet-point list that serves as a starting point for a drawn-out legislative process. At the end of the day, actual tax reform may be quite a bit different than the details being circulated today. That fact may help explain why there wasn't a bigger, more unified reaction in other markets (like stocks). More simply put, if rates were truly reacting exclusively to the promise of economic strength due to tax reform, we'd expect to see movement in other

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/27/3009

Why You Should Stage a Cozy Fire Pit Area

By Melissa Dittmann Tracey, REALTOR® Magazine

Fire features, like outdoor fire pits and fire tables, are in demand. The National Association of Landscape Professionals calls it one of the hottest landscape trends for the fall, based on a recent survey of 5,000 of its member landscapers.

These hot-spots can be a great way to show off the entertaining potential of your outdoor space. Set up a fire pit with a few outdoor chairs around it. You can even drape a blanket over one chair and add ingredients to s’mores on a table to finish off this perfect cozy fall scene.

Consider, taking a picture of your fire pit with the flames at dusk to even add to your listing photos to highlight as a selling point too. (A professional photographer may be best to get this picture so that the lighting is perfect.)

Check out these chic fire pit areas featured by designers at Houzz.

Photo by Envision Landscape Studio – Browse patio photos

Photo by Alderwood Landscape Architecture and Construction – Browse patio photos

Photo by Elevation Architectural Studios – More patio photos

Photo by Arterra Landscape Architects – Browse patio photos

Photo by Draper white – Discover patio design ideas

Photo by Sycamore Design – Discover patio design ideas

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/rd2ngAClMVM/

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

Millennials Going Over Budget to Buy Homes in Today's Hot Market

The 2017 Zillow Group Report explores affordability challenges facing renters and a first look at post-millennial Generation Z's housing patterns

from
http://zillow.mediaroom.com/2017-09-27-Millennials-Going-Over-Budget-to-Buy-Homes-in-Todays-Hot-Market

Why You Should Stage a Cozy Fire Pit Area

By Melissa Dittmann Tracey, REALTOR® Magazine

Fire features, like outdoor fire pits and fire tables, are in demand. The National Association of Landscape Professionals calls it one of the hottest landscape trends for the fall, based on a recent survey of 5,000 of its member landscapers.

These hot-spots can be a great way to show off the entertaining potential of your outdoor space. Set up a fire pit with a few outdoor chairs around it. You can even drape a blanket over one chair and add ingredients to s’mores on a table to finish off this perfect cozy fall scene.

Consider, taking a picture of your fire pit with the flames at dusk to even add to your listing photos to highlight as a selling point too. (A professional photographer may be best to get this picture so that the lighting is perfect.)

Check out these chic fire pit areas featured by designers at Houzz.

Photo by Envision Landscape Studio – Browse patio photos

Photo by Alderwood Landscape Architecture and Construction – Browse patio photos

Photo by Elevation Architectural Studios – More patio photos

Photo by Arterra Landscape Architects – Browse patio photos

Photo by Draper white – Discover patio design ideas

Photo by Sycamore Design – Discover patio design ideas

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/rd2ngAClMVM/

Roundup: Ohio taco eatery expanding to Indy; more burger joints opening

Condado Tacos commits to Broad Ripple, with plans for a downtown location, while Burger Study opens Monday amid fierce competition in the upscale burger segment.

from
https://www.ibj.com/blogs/3-property-lines/post/65515-roundup-ohio-taco-eatery-expanding-to-indy-more-burger-joints-opening

The Fall Market - Show 450

Real Estate Today Radio - SHOW 450

On this week's Real Estate Today, it's our special show "The Fall Market."

This Week's Show Includes:
- Top News Of The Week
- Hurricane Relief
- Fall Home Maintenance
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

from
http://retradio.com

Nora hardware store to be replaced by $27.1M apartment project

Called the Notch at Nora, the 186-unit development from TWG received rezoning approval Wednesday from the Metropolitan Development Commission despite neighborhood opposition.

from
https://www.ibj.com/blogs/3-property-lines/post/65502-nora-hardware-store-to-be-replaced-by-271m-apartment-project

For Least Valuable U.S. Homes, Housing Crisis Recovery Lagging

Homes in the bottom third of the market lost 30 percent of their value during the housing bust and have yet to regain it

from
http://zillow.mediaroom.com/2017-09-21-For-Least-Valuable-U-S-Homes-Housing-Crisis-Recovery-Lagging

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

Consumers Not Feeling Housing Funk; Credit Standards and Competition; Prices Stabilize

Home sales might be a bit disappointing, but the National Association of Realtors® (NAR) says consumer attitudes about the economy are not the reason why . NAR's third quarter Housing Opportunities and Market Experience (HOME) survey found increasing confidence among respondents about the direction of the national economy and their own finances. There were also more responses that it was a good time to sell a house, and among renters, that it is a good time to buy. With home prices appreciating rapidly, it is no surprise that the share of homeowners that believe now is a good time to sell is moving higher. A survey high 80 percent of homeowners said this is now a good time to list their home for sale, up from a second quarter total of 75 percent, and 13 percentage points above such responses

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/25/3007

Resilience Rates Had Help; Refi Share Unchanged; HARP Reflections; Equity Disparity

Mortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively threatening reaction to Wednesday's Federal Reserve events. Now again today, rates have managed to hold their ground. In some cases, lenders improved by token amounts. If yesterday was refreshing, today would be doubly so. But the refreshment comes with caveats . We don't really know what the natural direction would have been for rates today because underlying markets were clearly affected by overnight headlines regarding North Korea potentially testing an ICBM with a Hydrogen warhead in the Pacific Ocean. In general, these sorts of headlines lead investors to shed risk--something that frequently takes the form of selling stocks and buying bonds.

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/22/3002

3 Mortgage Market Trends For 2018; West Coast Drags Down Prices; Rates Find Support

Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline is that they expect the economic environment to remain favorable for housing and mortgage markets, with moderate economic growth of about two percent, solid job gains, and low mortgage interest rates . In other words, Deja vu all over again. There will be, they say, three trends driving the 2018 mortgage market: an increase in purchase mortgage volume; cooling of rate refinance activity, and more borrowers tapping their home equity. They put forward specific expectations for each. Increases in the volume of purchase mortgages will be the result of modest gains in both home sales and home price growth. Thus far in 2017, home sales are the highest

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/21/2999

Rates Highest in a Month After Fed; Existing Sales Affected by Harvey; Why'd Mortgage Apps Tank?

Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. They release an official policy announcement after all of those. Four of the meetings are "special" and are followed not only by a policy announcement, but also by updated economic projections from Fed members. These projections include an important "dot plot" of the Fed's rate hike expectations. The so-called dots have been more important than the actual announcement on some occasions. While most of today's press coverage will focus on the fact that the Fed finally enacted its plan to shrink its balance sheet. That was widely expected, however. Investors weren't sure how the past few months of economic data and events would affect the rate hike

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/20/2997

Rates Near Recent Highs Ahead of Fed; Fraud Risk Elevated; Building Permits Find Footing

Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there hasn't been much upward movement since the sharpest leg of the spike ended last Wednesday. Conventional 30yr fixed rates in the "high 3's" remain available for top tier scenarios, but 4.0% is slightly more prevalent now. While there were several economic reports and seemingly important news stories today (both tend to have an effect on rates), bond markets marched to their own beat. Traders were generally getting in position for tomorrow's Fed Announcement. Two weeks ago, the order of the day had been to push rates lower heading into Hurricane Irma weekend. There's been a correction in play since then. From the long-term lows in early September

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/19/2995

Resilience Rates Had Help; Refi Share Unchanged; HARP Reflections; Equity Disparity

Mortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively threatening reaction to Wednesday's Federal Reserve events. Now again today, rates have managed to hold their ground. In some cases, lenders improved by token amounts. If yesterday was refreshing, today would be doubly so. But the refreshment comes with caveats . We don't really know what the natural direction would have been for rates today because underlying markets were clearly affected by overnight headlines regarding North Korea potentially testing an ICBM with a Hydrogen warhead in the Pacific Ocean. In general, these sorts of headlines lead investors to shed risk--something that frequently takes the form of selling stocks and buying bonds.

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/22/3002

3 Mortgage Market Trends For 2018; West Coast Drags Down Prices; Rates Find Support

Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline is that they expect the economic environment to remain favorable for housing and mortgage markets, with moderate economic growth of about two percent, solid job gains, and low mortgage interest rates . In other words, Deja vu all over again. There will be, they say, three trends driving the 2018 mortgage market: an increase in purchase mortgage volume; cooling of rate refinance activity, and more borrowers tapping their home equity. They put forward specific expectations for each. Increases in the volume of purchase mortgages will be the result of modest gains in both home sales and home price growth. Thus far in 2017, home sales are the highest

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/21/2999

Rates Highest in a Month After Fed; Existing Sales Affected by Harvey; Why'd Mortgage Apps Tank?

Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. They release an official policy announcement after all of those. Four of the meetings are "special" and are followed not only by a policy announcement, but also by updated economic projections from Fed members. These projections include an important "dot plot" of the Fed's rate hike expectations. The so-called dots have been more important than the actual announcement on some occasions. While most of today's press coverage will focus on the fact that the Fed finally enacted its plan to shrink its balance sheet. That was widely expected, however. Investors weren't sure how the past few months of economic data and events would affect the rate hike

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/20/2997

Rates Near Recent Highs Ahead of Fed; Fraud Risk Elevated; Building Permits Find Footing

Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there hasn't been much upward movement since the sharpest leg of the spike ended last Wednesday. Conventional 30yr fixed rates in the "high 3's" remain available for top tier scenarios, but 4.0% is slightly more prevalent now. While there were several economic reports and seemingly important news stories today (both tend to have an effect on rates), bond markets marched to their own beat. Traders were generally getting in position for tomorrow's Fed Announcement. Two weeks ago, the order of the day had been to push rates lower heading into Hurricane Irma weekend. There's been a correction in play since then. From the long-term lows in early September

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/19/2995

Rates Back to Recent Highs; Student Debt Undermining Housing; Irma 3x Worse For Lenders; Builder Confidence Wanes

Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highest levels in just over 3 weeks. The average scenario is being quoted rates that are about an eighth of a point higher compared to the lows seen in early September. The most prevalent top-tier conventional 30yr fixed rates still range from 3.875% to 4.0%, but the latter is increasingly in the spotlight. Context is important when it comes to this recent rate spike. The market movement that preceded it was arguably "too good," with rates benefiting from an unusual combination of geopolitical risk surrounding North Korea and event risk surrounding Hurricane's Harvey and Irma. It's not that markets responded to those events in unexpected ways--simply

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/18/2993

Why You Should Stage a Cozy Fire Pit Area

By Melissa Dittmann Tracey, REALTOR® Magazine

Fire features, like outdoor fire pits and fire tables, are in demand. The National Association of Landscape Professionals calls it one of the hottest landscape trends for the fall, based on a recent survey of 5,000 of its member landscapers.

These hot-spots can be a great way to show off the entertaining potential of your outdoor space. Set up a fire pit with a few outdoor chairs around it. You can even drape a blanket over one chair and add ingredients to s’mores on a table to finish off this perfect cozy fall scene.

Consider, taking a picture of your fire pit with the flames at dusk to even add to your listing photos to highlight as a selling point too. (A professional photographer may be best to get this picture so that the lighting is perfect.)

Check out these chic fire pit areas featured by designers at Houzz.

Photo by Envision Landscape Studio – Browse patio photos

Photo by Alderwood Landscape Architecture and Construction – Browse patio photos

Photo by Elevation Architectural Studios – More patio photos

Photo by Arterra Landscape Architects – Browse patio photos

Photo by Draper white – Discover patio design ideas

Photo by Sycamore Design – Discover patio design ideas

from
http://styledstagedsold.blogs.realtor.org/2017/09/25/why-you-should-stage-a-cozy-fire-pit-area/

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the Internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy, and welcoming by trimming bushes, cleaning walkways, making repairs, and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of REALTORS(R) recent trends report, 66 percent of today’s first-time buyers are millennials, and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening up walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/5KyIxC4uh6U/

Resilience Rates Had Help; Refi Share Unchanged; HARP Reflections; Equity Disparity

Mortgage rates held their ground yesterday. That was a refreshing development given the abrupt move higher over the past 2 weeks and a relatively threatening reaction to Wednesday's Federal Reserve events. Now again today, rates have managed to hold their ground. In some cases, lenders improved by token amounts. If yesterday was refreshing, today would be doubly so. But the refreshment comes with caveats . We don't really know what the natural direction would have been for rates today because underlying markets were clearly affected by overnight headlines regarding North Korea potentially testing an ICBM with a Hydrogen warhead in the Pacific Ocean. In general, these sorts of headlines lead investors to shed risk--something that frequently takes the form of selling stocks and buying bonds.

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/22/3002

Roundup: Ohio taco eatery expanding to Indy; more burger joints opening

Condado Tacos commits to Broad Ripple, with plans for a downtown location, while Burger Study opens Monday amid fierce competition in the upscale burger segment.

from
https://www.ibj.com/blogs/3-property-lines/post/65515-roundup-ohio-taco-eatery-expanding-to-indy-more-burger-joints-opening

The Fall Market - Show 450

Real Estate Today Radio - SHOW 450

On this week's Real Estate Today, it's our special show "The Fall Market."

This Week's Show Includes:
- Top News Of The Week
- Hurricane Relief
- Fall Home Maintenance
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

from
http://retradio.com

Nora hardware store to be replaced by $27.1M apartment project

Called the Notch at Nora, the 186-unit development from TWG received rezoning approval Wednesday from the Metropolitan Development Commission despite neighborhood opposition.

from
https://www.ibj.com/blogs/3-property-lines/post/65502-nora-hardware-store-to-be-replaced-by-271m-apartment-project

For Least Valuable U.S. Homes, Housing Crisis Recovery Lagging

Homes in the bottom third of the market lost 30 percent of their value during the housing bust and have yet to regain it

from
http://zillow.mediaroom.com/2017-09-21-For-Least-Valuable-U-S-Homes-Housing-Crisis-Recovery-Lagging

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the Internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy, and welcoming by trimming bushes, cleaning walkways, making repairs, and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of REALTORS(R) recent trends report, 66 percent of today’s first-time buyers are millennials, and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening up walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/5KyIxC4uh6U/

3 Mortgage Market Trends For 2018; West Coast Drags Down Prices; Rates Find Support

Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline is that they expect the economic environment to remain favorable for housing and mortgage markets, with moderate economic growth of about two percent, solid job gains, and low mortgage interest rates . In other words, Deja vu all over again. There will be, they say, three trends driving the 2018 mortgage market: an increase in purchase mortgage volume; cooling of rate refinance activity, and more borrowers tapping their home equity. They put forward specific expectations for each. Increases in the volume of purchase mortgages will be the result of modest gains in both home sales and home price growth. Thus far in 2017, home sales are the highest

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/21/2999

Rates Highest in a Month After Fed; Existing Sales Affected by Harvey; Why'd Mortgage Apps Tank?

Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. They release an official policy announcement after all of those. Four of the meetings are "special" and are followed not only by a policy announcement, but also by updated economic projections from Fed members. These projections include an important "dot plot" of the Fed's rate hike expectations. The so-called dots have been more important than the actual announcement on some occasions. While most of today's press coverage will focus on the fact that the Fed finally enacted its plan to shrink its balance sheet. That was widely expected, however. Investors weren't sure how the past few months of economic data and events would affect the rate hike

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/20/2997

Rates Near Recent Highs Ahead of Fed; Fraud Risk Elevated; Building Permits Find Footing

Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there hasn't been much upward movement since the sharpest leg of the spike ended last Wednesday. Conventional 30yr fixed rates in the "high 3's" remain available for top tier scenarios, but 4.0% is slightly more prevalent now. While there were several economic reports and seemingly important news stories today (both tend to have an effect on rates), bond markets marched to their own beat. Traders were generally getting in position for tomorrow's Fed Announcement. Two weeks ago, the order of the day had been to push rates lower heading into Hurricane Irma weekend. There's been a correction in play since then. From the long-term lows in early September

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/19/2995

Rates Back to Recent Highs; Student Debt Undermining Housing; Irma 3x Worse For Lenders; Builder Confidence Wanes

Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highest levels in just over 3 weeks. The average scenario is being quoted rates that are about an eighth of a point higher compared to the lows seen in early September. The most prevalent top-tier conventional 30yr fixed rates still range from 3.875% to 4.0%, but the latter is increasingly in the spotlight. Context is important when it comes to this recent rate spike. The market movement that preceded it was arguably "too good," with rates benefiting from an unusual combination of geopolitical risk surrounding North Korea and event risk surrounding Hurricane's Harvey and Irma. It's not that markets responded to those events in unexpected ways--simply

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/18/2993

Mortgage Rates Stabilize Ahead of Next Week's Big Fed Announcement; CFPB "Regulation by Enforcement" or Business as Usual?

Mortgage rates were steady to slightly lower on average today, confirming the end of a somewhat abrupt correction from last week's 2017 lows. In other words, rates rose quickly during the first days of the week and spent the last 3 days leveling off. To put "abrupt" in context and reiterate yesterday's thoughts, the worst case scenario would be an eighth of a percentage point higher in rate from last week. That's $14/month on a $200k loan. We've certainly seen worse weeks day, but only 2 of them were in 2017. The flat momentum at the end of this week isn't too likely to stick around next week. The Fed will (probably) make a landmark announcement that confirms the start of its balance sheet reduction efforts. This means slightly less bond-buying each month, and could put upward pressure on rates

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/15/2989

3 Mortgage Market Trends For 2018; West Coast Drags Down Prices; Rates Find Support

Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline is that they expect the economic environment to remain favorable for housing and mortgage markets, with moderate economic growth of about two percent, solid job gains, and low mortgage interest rates . In other words, Deja vu all over again. There will be, they say, three trends driving the 2018 mortgage market: an increase in purchase mortgage volume; cooling of rate refinance activity, and more borrowers tapping their home equity. They put forward specific expectations for each. Increases in the volume of purchase mortgages will be the result of modest gains in both home sales and home price growth. Thus far in 2017, home sales are the highest

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/21/2999

Roundup: Ohio taco eatery expanding to Indy; more burger joints opening

Condado Tacos commits to Broad Ripple, with plans for a downtown location, while Burger Study opens Monday, amid fierce competition in the upscale burger segment.

from
https://www.ibj.com/blogs/3-property-lines/post/65515-roundup-ohio-taco-eatery-expanding-to-indy-more-burger-joints-opening

Nora hardware store to be replaced by $27.1M apartment project

Called the Notch at Nora, the 186-unit development from TWG received rezoning approval Wednesday from the Metropolitan Development Commission despite neighborhood opposition.

from
https://www.ibj.com/blogs/3-property-lines/post/65502-nora-hardware-store-to-be-replaced-by-271m-apartment-project

For Least Valuable U.S. Homes, Housing Crisis Recovery Lagging

Homes in the bottom third of the market lost 30 percent of their value during the housing bust and have yet to regain it

from
http://zillow.mediaroom.com/2017-09-21-For-Least-Valuable-U-S-Homes-Housing-Crisis-Recovery-Lagging

Looking Ahead to 2018

The economic environment remains favorable for housing and mortgage markets. More

from
http://www.freddiemac.com/research/outlook/20170921_looking_ahead_to_2018.html?attr=rssCB

America Rebuilds - Show 449

Real Estate Today Radio - SHOW 449

On this week's Real Estate Today, it's our special show "America Rebuilds."

This Week's Show Includes:
- Top News Of The Week
- The REALTORS® Relief Foundation - Part 1
- The REALTORS® Relief Foundation - Part 2
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

from
http://retradio.com

Rates Highest in a Month After Fed; Existing Sales Affected by Harvey; Why'd Mortgage Apps Tank?

Mortgage rates rose today following the announcement and--more importantly--the Fed's updated economic projections . The Fed holds 8 meetings a year. They release an official policy announcement after all of those. Four of the meetings are "special" and are followed not only by a policy announcement, but also by updated economic projections from Fed members. These projections include an important "dot plot" of the Fed's rate hike expectations. The so-called dots have been more important than the actual announcement on some occasions. While most of today's press coverage will focus on the fact that the Fed finally enacted its plan to shrink its balance sheet. That was widely expected, however. Investors weren't sure how the past few months of economic data and events would affect the rate hike

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/20/2997

Rates Near Recent Highs Ahead of Fed; Fraud Risk Elevated; Building Permits Find Footing

Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there hasn't been much upward movement since the sharpest leg of the spike ended last Wednesday. Conventional 30yr fixed rates in the "high 3's" remain available for top tier scenarios, but 4.0% is slightly more prevalent now. While there were several economic reports and seemingly important news stories today (both tend to have an effect on rates), bond markets marched to their own beat. Traders were generally getting in position for tomorrow's Fed Announcement. Two weeks ago, the order of the day had been to push rates lower heading into Hurricane Irma weekend. There's been a correction in play since then. From the long-term lows in early September

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/19/2995

Rates Back to Recent Highs; Student Debt Undermining Housing; Irma 3x Worse For Lenders; Builder Confidence Wanes

Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highest levels in just over 3 weeks. The average scenario is being quoted rates that are about an eighth of a point higher compared to the lows seen in early September. The most prevalent top-tier conventional 30yr fixed rates still range from 3.875% to 4.0%, but the latter is increasingly in the spotlight. Context is important when it comes to this recent rate spike. The market movement that preceded it was arguably "too good," with rates benefiting from an unusual combination of geopolitical risk surrounding North Korea and event risk surrounding Hurricane's Harvey and Irma. It's not that markets responded to those events in unexpected ways--simply

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/18/2993

Mortgage Rates Stabilize Ahead of Next Week's Big Fed Announcement; CFPB "Regulation by Enforcement" or Business as Usual?

Mortgage rates were steady to slightly lower on average today, confirming the end of a somewhat abrupt correction from last week's 2017 lows. In other words, rates rose quickly during the first days of the week and spent the last 3 days leveling off. To put "abrupt" in context and reiterate yesterday's thoughts, the worst case scenario would be an eighth of a percentage point higher in rate from last week. That's $14/month on a $200k loan. We've certainly seen worse weeks day, but only 2 of them were in 2017. The flat momentum at the end of this week isn't too likely to stick around next week. The Fed will (probably) make a landmark announcement that confirms the start of its balance sheet reduction efforts. This means slightly less bond-buying each month, and could put upward pressure on rates

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/15/2989

Mortgage Rates at 3-Week Highs; Fed Hike Odds Increase; Disaster Updates

Mortgage rates moved higher today, despite resilience in underlying bond markets. If you were to ask bonds, they'd vote for rates remaining flat--well, sort of. There is a timing issue that I brought to your attention yesterday where mortgage lenders had yet to adjust for yesterday afternoon's bond market weakness (weaker bonds = higher rates) and were thus more likely to start today with higher rates, all other things being equal. That's exactly what happened. And while it does mean that rates are higher than they were yesterday, we're actually seeing some supportive cues in bond market for the first time all week. Specifically, bonds have held fairly steady today--something they've had a hard time with recently. It's early to say for sure, but this could be the first sign that this week's

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/14/2987

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the Internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy, and welcoming by trimming bushes, cleaning walkways, making repairs, and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of REALTORS(R) recent trends report, 66 percent of today’s first-time buyers are millennials, and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening up walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/5KyIxC4uh6U/

Midtown brewery’s expected October debut among first signs of area's revival

The owner of Happy Brewing Co. is targeting an Oct. 6 opening after spending more than a year to prepare the space last occupied by a Double 8 Foods store.

from
https://www.ibj.com/blogs/3-property-lines/post/65375-midtown-brewerys-expected-october-debut-among-first-signs-of-areas-revival

Rates Near Recent Highs Ahead of Fed; Fraud Risk Elevated; Building Permits Find Footing

Mortgage rates remained unchanged today, on average. This keeps them in line with their highest levels in more than a month, though admittedly, there hasn't been much upward movement since the sharpest leg of the spike ended last Wednesday. Conventional 30yr fixed rates in the "high 3's" remain available for top tier scenarios, but 4.0% is slightly more prevalent now. While there were several economic reports and seemingly important news stories today (both tend to have an effect on rates), bond markets marched to their own beat. Traders were generally getting in position for tomorrow's Fed Announcement. Two weeks ago, the order of the day had been to push rates lower heading into Hurricane Irma weekend. There's been a correction in play since then. From the long-term lows in early September

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/19/2995

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the Internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy, and welcoming by trimming bushes, cleaning walkways, making repairs, and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of REALTORS(R) recent trends report, 66 percent of today’s first-time buyers are millennials, and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening up walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://feedproxy.google.com/~r/StyledStagedSold/~3/5KyIxC4uh6U/

Midtown brewery’s expected October debut among first signs of area's revival

The owner of Happy Brewing Co. is targeting an Oct. 6 opening after spending more than a year to prepare the space last occupied by a Double 8 Foods store.

from
https://www.ibj.com/blogs/3-property-lines/post/65375-midtown-brewerys-expected-october-debut-among-first-signs-of-areas-revival

America Rebuilds - Show 449

Real Estate Today Radio - SHOW 449

On this week's Real Estate Today, it's our special show "America Rebuilds."

This Week's Show Includes:
- Top News Of The Week
- The REALTORS® Relief Foundation - Part 1
- The REALTORS® Relief Foundation - Part 2
- Ask The Millennial
- Smart Home Technology
- Get REALTOR(R)

Become a part of the community at http://retradio.com!

from
http://retradio.com

Renter Demand for Houses Puts Upward Pressure on Prices

Almost half of all renters consider renting a single-family home, but less than a third actually do, according to the 2017 Zillow Group Consumer Housing Trends Report out this fall

from
http://zillow.mediaroom.com/2017-09-12-Renter-Demand-for-Houses-Puts-Upward-Pressure-on-Prices

Midtown brewery’s expected October debut among first signs of area's revival

The owner of Happy Brewing Co. is targeting an Oct. 6 opening after spending more than a year to prepare the space last occupied by a Double 8 Foods store.

from
https://www.ibj.com/blogs/3-property-lines/post/65375-midtown-brewerys-expected-october-debut-among-first-signs-of-areas-revival

Renter Demand for Houses Puts Upward Pressure on Prices

Almost half of all renters consider renting a single-family home, but less than a third actually do, according to the 2017 Zillow Group Consumer Housing Trends Report out this fall

from
http://zillow.mediaroom.com/2017-09-12-Renter-Demand-for-Houses-Puts-Upward-Pressure-on-Prices

Rates Back to Recent Highs; Student Debt Undermining Housing; Irma 3x Worse For Lenders; Builder Confidence Wanes

Mortgage rates resumed their recent uptrend today, after taking a quick break to end the week last Friday. The result is another push up to the highest levels in just over 3 weeks. The average scenario is being quoted rates that are about an eighth of a point higher compared to the lows seen in early September. The most prevalent top-tier conventional 30yr fixed rates still range from 3.875% to 4.0%, but the latter is increasingly in the spotlight. Context is important when it comes to this recent rate spike. The market movement that preceded it was arguably "too good," with rates benefiting from an unusual combination of geopolitical risk surrounding North Korea and event risk surrounding Hurricane's Harvey and Irma. It's not that markets responded to those events in unexpected ways--simply

from
http://www.mortgagenewsdaily.com/reports/newsletter/2017/9/18/2993

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then
re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy and welcoming by trimming bushes, cleaning walkways, making repairs and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of Realtors recent trends report, 66 percent of today’s first-time buyers are Millennials and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://styledstagedsold.blogs.realtor.org/2017/09/18/what-to-do-if-your-home-doesnt-sell/

Renter Demand for Houses Puts Upward Pressure on Prices

Almost half of all renters consider renting a single-family home, but less than a third actually do, according to the 2017 Zillow Group Consumer Housing Trends Report out this fall

from
http://zillow.mediaroom.com/2017-09-12-Renter-Demand-for-Houses-Puts-Upward-Pressure-on-Prices

What to Do if Your Home Doesn’t Sell

By Patti Stern, PJ & Company Staging and Interior Decorating

Has your property been on the market for months with little buyer interest? With a competitive fall market ahead, it may help to reassess the condition of your home, make necessary updates, then
re-list a new and improved staged property to generate new buzz and buyer interest. Here are some questions sellers should ask themselves to get their home on top of the list and ahead of the competition.

Family Room Staging by PJ & Company Staging and Interior Decorating

Does it Make the Best First Impression?

The key is to look at your home from the perspective of the buyer. With more than 97 percent of homes sold on the internet, the first point of engagement for buyers today is the online listing. Therefore, it’s more important than ever to feature professional quality photos using the best lighting to encourage buyers to schedule a showing. Once they arrive, be sure that your curb appeal and front entry are well maintained, tidy and welcoming by trimming bushes, cleaning walkways, making repairs and adding seasonal touches to the front porch.

Kitchen Staging by PJ & Company Staging and Interior Decorating

Does it Appeal to The Target Market?

According to a National Association of Realtors recent trends report, 66 percent of today’s first-time buyers are Millennials and they are looking for a home that is in move-in ready condition. These buyers will turn away instantly if the home is dated and gives the impression that it’s in need of renovation. They will, however, ultimately pay more for a home that looks fresh and inviting. Be sure that necessary repairs and cosmetic updates are made such as freshening walls and cabinets with a coat of neutral paint, polishing hardwood floors, replacing lighting, hardware, appliances, etc.

Dining Room Staging by PJ & Company Staging and Interior Decorating

Can Buyers Visualize Living in This Home?

Whether selling an occupied or vacant home, keep in mind that If buyers can’t emotionally connect, it won’t be memorable. Consider renting furniture for vacant properties to show buyers how they can use their own furnishings in the space.  For occupied properties make sure there are no distractions such as personal items on walls, shelves and tables. Showcase every key room from the entry to the basement with a clean look and minimal accessories such as colorful pillows, wall art and simple vignettes.

Family Room Staging by PJ & Company Staging and Interior Decorating

Are Key Features Highlighted?

Be sure that your home’s best assets are not hidden. Is your stone fireplace covered with a cluttered mantle or distracting wall art? Are hardwood floors covered up with dated carpeting? Are floor to ceiling windows hidden behind heavy curtains? Are built-in shelves cluttered with old books and photos? If so, remove and simplify to show these features off, bring new life and increase perceived value to your home.

For more examples of interior decorating and home staging, visit www.pjstagingdecorating.com.

 

ABOUT THE AUTHOR: Patti Stern, principal, interior decorator and professional stager of PJ & Company Staging and Interior Decorating, has been decorating and staging homes since 2005. She and her team provide turnkey, full service home staging and interior decorating to clients across Connecticut, New York and Massachusetts. She also developed an award winning staging program for luxury homebuilder, Toll Brothers. Her company has received Houzz 2015 and 2016 Awards for Customer Service. Stern has been featured in Connecticut Magazine, the Hartford Courant, Danbury News-Times and on NBC Connecticut and FOX TV. She is a regular contributor to REALTOR® Magazine’s Styled, Staged and Sold. For more information, contact Patti Stern at 203-640-3762 or patti@pjstagingdecorating.com

 

from
http://styledstagedsold.blogs.realtor.org/2017/09/18/what-to-do-if-your-home-doesnt-sell/