Insider Tips to Buying a Home in Today’s Market
Written by: Gustavo Gonzalez Aug 2, 2022
It’s always hard to predict the future, especially with the housing market. But one thing is for sure – real estate remains a sound investment. If you’re looking for your dream home, here are some tips to help set you up for success and guide you through this buying season.
Assess Your Financial Health
Before you fall in love with your dream home, make sure you’re prepared to purchase it. Take a look at your bank accounts along with your monthly spending, so you have a clear and realistic picture of your finances. This will also help you figure out how much you can afford to put toward a down payment. It’s also a good time to check your credit score. Most importantly, you’ll want to meet with a loan officer to get pre-approved, so sellers take you seriously and you’re in a better position to make a strong offer.
Tip: A pre-approval gives you more negotiating power because it tells the seller and real estate agent that your funding is in place and ready to go.
Stay Flexible
Whether it’s time or money, be prepared to give a little more. Say for instance, there’s competition on a house and you’ve been outbid, but you have the flexibility to give the seller the extra time they need to close and move out. That can make a huge difference and could even put you ahead of the competition. Showing the seller that you’re willing to go the extra mile to purchase their home could earn your offer a second glance, especially if it helps make their life easier.
Tip: Try to refrain from asking for favors. This is not the time to ask the seller to give you the refrigerator or washer and dryer, part with playset or paint the front door.
You Found the One
You found a home that meets all or most of your wish list, it’s within your price range and you’ve stalked the neighborhood to make sure it’s right for you. Now’s the time to make an offer. Keep in mind that your opening offer should be based on two things: what you can afford and what you really believe the property is worth. Sure, there’s always a possibility that there will be other offers, regardless of the time of year and the market, but try not to let that influence you to pay more than you should.
Tip: Offer more earnest money. While it’s not always required, it could help you stand out in this competitive housing market. Sellers like buyers that make these good faith deposits because they want assurance that the sale won’t fall through.
Buying a new home is an exciting time and can also be a stressful time, but if you’re prepared and keep these tips in mind, you should find it a much smoother process. And finally getting the keys to your new home makes it all worth it!
Original article found at https://blog.coldwellbanker.com/insider-tips-to-buying-a-home-in-todays-market/
Hot Home Trend: Antiquing Your Design
Antiques are surfacing in more homes, from nostalgic to modern spaces.
July 25, 2022 National Association of Realtors
Whether it’s due to the extensive lag time in delivery of custom furniture orders or the trend in retro-meets-modern design, antiques in interiors are on the rise. Interior designers weigh in on how they’re incorporating more antiques into their styles.
A Little Refurbishing
Lead designer Lance Thomas of Thomas Guy Interiors(link is external) recently returned from a two-week trip to France specifically to seek out antiques for his design work.
What he found from his travels: “Although antique trends tend to vary geographically, I am seeing a similar trend in the refurbishing of these pieces,” he says. “Many antiques, especially those derived from oak, are getting bleached before heading back into clients’ homes. I also found that upholstered furniture was getting a textural upgrade with bold velvets and nubby boucle reupholstery, giving old pieces a new lease on life.”
View some of Thomas Guy Interiors’ designs incorporating antique pieces below.
Antique brass fireplace screen
Antique Italian bamboo dining chairs upholstered in a soft green pinstripe
Antique seat bench and artwork
Antique pink sofa and Aubusson rug
Unique Touches
Designer Mary Patton of Mary Patton Design(link is external) says she’s loving the antique trend, too. “For years, French antiques were trending. Now, midcentury vintage finds are in demand,” she says. “The goal for a well-designed home is to have that sense of interest. Finding a unique aesthetic is an art form, and antiques can do just that.” That unique touch could be anything. For example, Patton says she recently even came across a midcentury rattan fish tank to use in her designs.
Here are some of Patton’s designs incorporating antique pieces.
Antique French chaise with vintage fabric
Antique dining table that is more than 100 years old
Antique side table
Timeless Aesthetic
Mel Bean of Mel Bean Interiors(link is external) says she’s noticing more clients beginning to appreciate antiques for the depth of character they can add. “I like to use antique furniture, mirrors, or accessories alongside new pieces for a layered and timeless aesthetic, rather than attempting to replicate a historic era entirely,” Bean says. “I like to achieve a blend of both new and older that hits the right balance for each client. In some of our projects, that means mostly modern items with a single antique piece, such as a massive refectory table, for character.”
In some spaces, Bean also uses antiques mixed from various eras and locations all over the world that are brought together with a few timeless upholstered items and modern accessories for a more collected aesthetic.
See some of Bean’s designs incorporating antique pieces below.
Antique refectory table (with two white lamps and painting)
Antique wooden side table (near the white sofa)
Conversational Piece
Designer Jessica Nelson of Jessica Nelson Design(link is external) in Seattle finds antiques can create more visual interest in a space. She recently used an antique bar cabinet. “This vintage 1950s bar piece is a showstopper,” she says. “It has an amazing black lacquer finish and fits perfectly in this space. It folds open to display our client’s collection of decanters and barware beautifully.”
original article found here https://www.nar.realtor/blogs/styled-staged-sold/hot-home-trend-antiquing-your-design
Beat the Heat with Summer Salads
Author Jennifer McGuire
When the weather heats up, it’s the perfect time to whip up light and refreshing salads. From fruit to pasta to all those fresh, leafy varieties – there’s no limits to what you can toss and serve this summer. Here are just a few delicious and inspiring salad ideas.
Keep it Fresh and Fruity
There’s nothing more refreshing in the summer than perfectly ripe berries. Luckily, just about any berry can be used in a salad. A great one to try is a strawberry feta tossed salad. The ingredients are simple, and the end result is a healthy, sweet salad that is sure to impress. Although it calls for strawberries, you can definitely toss on a fruit of your choice. Think blueberries, raspberries and even peaches.
Pass the Pasta
A great summer get-together is not compete without an amazing pasta salad. One simple showstopper is a pesto pasta caprese salad. There’s nothing like fresh garden basil, which is highlighted in this lovely summer dish. The addition of sweet grape tomatoes, fresh mozzarella balls, pesto and olive oil are sure to make this a huge hit. Not only does it taste amazing, but it’s also photo worthy. Again, you can get creative and throw in some spices and other veggies, but honestly just sticking to the recipe on this one is really the way to go.
Did Someone Say Salad for Dessert?
You know what they say, everything old can be made new again. So, start going through grandma’s recipe books, because there’s bound to be a couple of dessert salads that you can modernize with ease. Take for instance, this pineapple pretzel fluff recipe. Talk about a refreshing new take on the dessert salad. This recipe calls for canned pineapple, but you can always go the extra mile and choose fresh. These types of dessert salads are the perfect addition to any summer barbecue.
As you plan your summer days, make sure and toss in a few of these fun summer salads – pun intended. Enjoy!
Original article found at https://blog.coldwellbanker.com/beat-the-heat-with-summer-salads/
4 Ways to Cool Off Your Energy Bill
By Jennifer McGuire April 17, 2022
Gear up for summer by giving your air conditioner a break and lowering your energy bill at the same time with these home cooling methods. Alternatives like energy-efficient windows, doors and electronics, filters and shading can help chill your home with less energy use, according to the U.S. Department of Energy.
Dress Your Windows
During peak daylight, it’s a good idea to keep window coverings closed to block the sun’s heat. Consider window awnings or roll-down shades for the outside of your home that can be operated remotely or put on a schedule. For your home interior, opt for insulated cellular shades or blinds that block out the sun and have reflective backing. Even fitted drapes that cover the interior blinds can help reduce heat in your home.
Fans for Cooling
A great way to help your air conditioner is to run ceiling fans at the same time. This circulates the cool air, so your A/C doesn’t have to work quite so hard. A whole house fan is an entire air system that’s installed in the attic to pull in air from the windows and push it out through the attic vents. This not only cools your whole home fast, but it also gives your attic, which is a major source of heat, better ventilation.
Adjustable Thermostats
No matter what the temperature is outside, you can always pre-set your thermostat according to the weather report and your schedule. Many new thermostats let you repeat daily settings or even control the temperature with an app. Check out this energy saver video for quick tips on what the optimal house temperateive should be.
Door Draft Stoppers
Consider adding door draft stoppers to your interior and exterior doors. These fitted plastic, magnetic or fabric pieces are placed at the bottom of entrances to stop heat from escaping. They provide the flexibility of being able to cover slight openings and cracks under the door. And don’t forget the sliding glass door — there are extra-long options available to stop the draft before it starts.
Now that you know more ways to stay cool for the summer, you can see what works best for you and your home to make sure you have a nice, cool summer.
original article found at https://blog.coldwellbanker.com/4-ways-to-cool-off-your-energy-bill/
Is It Time to Rightsize Your Home?
Author Alice Garwood
Does your home still fit your needs or is it time to think about the benefits of buying a new one as you enter the next phase of your life? Whether you’re an empty nester with rooms that are no longer used or need more space to raise your growing family, rightsizing – finding a home that’s the ideal size for your current lifestyle – may be the best option.
Assess Your Living Space. Before deciding whether to rightsize, take stock of your everyday life and ask yourself a few questions, including:
- Are some areas of the house, like formal living and dining rooms, rarely used?
- Is a dedicated office a must?
- Do you want a hobby area or kids’ playroom?
- Is your kitchen too big or too small?
- Is the garage the right size?
- Do you prefer a large yard or a cozier outdoor living space?
Look to the Future. If you decide it’s time to make a move, consider your current lifestyle as well as potential changes in circumstances that could occur in the next few years to determine what size home is best. Maybe you’re planning to have more children, retire in a few years or anticipate an aging parent moving in with you. While you might not need extra space right away, you could in the near future.
Great Layout vs. Square Footage. Getting hung up on a property’s square footage could mean missing out on your dream home, especially in today’s highly competitive market. If a house or condo has the number of bedrooms, baths, kitchen and amenities you want, but its square footage is somewhat less than you envisioned, it still may be worth considering if it has a well-designed layout that uses space efficiently.
Review Your Finances.
Whether you’re looking to downsize or up-size, how much you can afford extends beyond monthly mortgage, tax and insurance payments. Relocating from a sizable residence to a condo or townhome – perhaps in a maintenance-free community with amenities – could mean significantly higher HOA fees and require you to buy new furniture that fits smaller spaces, while a bigger house will have higher utility costs and need additional furnishings to fill extra rooms.
Regardless of your reason for wanting to move, a Coldwell Banker agent has the tools and resources to help you sell your current home and find a new one that’s right for you.
Let’s stand together to make unfair housing history
Author Athena Snow
By Ryan Gorman, CEO, Coldwell Banker
At Coldwell Banker, we’re committed to supporting and expanding equal access to housing for all and we stand together to help build thriving, inclusive communities that fuel economic growth and prosperity. We honor this commitment by commemorating Fair Housing Month in April.
The History of Fair Housing
National Fair Housing Month celebrates the passage of the Fair Housing Act, a national law that prohibits discrimination in the sale, rental, and financing of housing based on race, color, national origin, religion, and gender. The Fair Housing Act was signed into law by President Lyndon B. Johnson in April 1968 after the assassination of civil rights leader Dr. Martin Luther King, Jr. and was later amended to include protections for people with disabilities and families with children. By regulation, protection has also been extended to include gender identity and sexual orientation. Additionally, state or local fair housing laws provide for additional protections like source of income including the use of vouchers.
Why National Fair Housing Month is Important
Fair Housing Month is especially significant to those of us who work in the real estate industry. As real estate professionals, our work has a direct impact on the wealth gap of demographic groups and the overall state of fair housing in the communities, neighborhoods, and markets in which we operate.
Every real estate transaction affects the very fabric and composition of every neighborhood, town, and city. Illegal and discriminatory policies and practices from the past and present, such as redlining, continue to contribute to neighborhood segregation, socio-economic inequality, and the marginalization of certain groups and communities.
I made it my mission to learn more about the history of fair housing, housing policy, discrimination, and segregation in our society and in real estate. While our industry has made tremendous progress in the past 50 years, there is still work to do, and as one of the largest residential real estate companies in the world, Coldwell Banker can be a force for good to drive change. This month is an opportunity to remind ourselves of the responsibility we all have to learn more about how we can become allies and advocates in removing barriers to housing opportunity, and to advance inclusive, vibrant communities.
Visit us at ColdwellBanker.com/Diversity to learn how we are making a difference, and how you can, too.
You Can Also Learn More About Fair Housing:
- For a comprehensive look at how housing policy has contributed to continued segregation in America, check out The Color of Law by Richard Rothstein; and, for a more personal account, check out Levittown by David Kushner.
- Ever wonder how building inclusive communities benefits us all? Read these articles: Benefits for All: Why Diverse Communities are the Way Forward, For Everyone, The Economic Impact of Closing the Wealth Gap, and The Macroeconomic Benefits of Racial Integration.
- Want to learn more about the state of fair housing in the U.S. for various demographic markets? Read these recent reports from our industry partners: NAR’s 2022 Snapshot of Race and Home Buying in America, NAREB’s 2021 State of Housing in Black America, and NAHREP’s 2021 State of Hispanic Homeownership Report.
- NAR Members: Looking for a deeper dive into fair housing? Take the National Association of Realtors (NAR) Fairhaven Course. This is a fair housing simulation training for REALTORS® that uses the power of storytelling to help members identify, prevent, and address discriminatory practices in real estate. Please note: This course is free for current NAR members. Additionally, NAR has numerous other resources on Fair Housing that you can check out to learn more.
Original Article found at https://blog.coldwellbanker.com/lets-stand-together-to-make-unfair-housing-history/
Grilling Up For Summer
Written by: Jennifer McGuire April 6, 2022
Nothing says summer like the smell of barbeque in the air. And there’s nothing better than a backyard gathering of friends and family while the hamburgers, brats and ribs are smoking away. Grilling has become both a favorite pastime and a lifestyle for many, and with so many heating and fuel source options, it’s easy to see why.
As you plan for your next backyard gathering, here are three of the most popular types of grills you might want to consider.
Charcoal Grills
A longtime favorite, charcoal grills are easy to use, deliver a rich, smoky flavor and are typically less expensive. Many barbecue grill masters swear by them and won’t grill any other way. Charcoal grills can reach high temperatures and give your food a distinct flavor. This is also beneficial when cooking tougher cuts of meat for extended periods of time – allowing them to break down into tender meat with extremely pronounced flavors.
Pellet Grills
These are fast becoming one of the most popular methods of grilling. Most appealing is that they act as both a smoker and grill, which is ideal for many people. Fueled by wood pellets and easily adjusted electronically, pellet grills are super convenient, especially when cooking things like brisket, ribs and large roasts – allowing that you let the meat cook without much monitoring.
Gas and Propane
This type of grill operates with burners that fire on three, four or more burners to cook your food from below with either direct or indirect heat. Gas grills require the shortest amount of heating before you start grilling, making them one of the more popular options. With several sizes and styles to choose from, gas and propane grills are easy to use and cook food quickly, which makes them perfect for large barbeque parties.
Whatever type or method you prefer, you’ll have no shortage of backyard fun this summer. Grilling is a great way to create lasting summer memories while enjoying a perfectly cooked, juicy burger with your favorite people.
Turn Your Home Into A Relaxing Oasis
author: Jennifer McGuire
If you want a relaxing sanctuary to luxuriate in every day, it can be found as near as your bathroom door. Follow these do-it-yourself tips to convert your primary bathroom into a spa-like retreat, and your relaxed body, mind and soul will be glad you did.
Give a Jacuzzi Tub a Whirl
To transform your bathroom into a home spa, install a modern soaking tub for a total immersion in the therapeutic benefits of bubbling water. If a do-it-yourself bathroom remodel isn’t in the offing, convert your tub into a hydrotherapy whirlpool with equipment that fits over the side to whip your water into a healing frenzy. There’s also the simple fix of installing a spa-like massage showerhead that melds relaxation with hygiene to make you feel and smell good all over. When you’re done, finish the spa experience with a warm wiping, courtesy of you freestanding electric towel warmer.
Speaking of Smelling Good
Scent contributes to the mood you are in, so make sure aromatherapy is part of your bathroom spa experience. Hang eucalyptus from your shower head for a refreshing scent. Place reed diffusers on your bathroom countertop. Or finish up a hard day’s work with a treat for the senses by adding aromatic essential oils to Epsom salts for an in-home mineral bath.
Make It Music to the Ears
Spa music should transport you to a Zen-like place of peace and tranquility, and good choices are acoustic tunes and the sounds of nature. Or, go Simon and Garfunkel with your own “Sounds of Silence” smartphone playlist and listen to it through waterproof Bluetooth speakers while relaxing in the tub.
With a sprinkling of ingenuity and a smattering of inspiration, you can easily convert your primary bathroom into a modern-day spa worthy of the ancient Romans!
Make the Most of Your Outdoor Space
author: Jennifer McGuire
We all want to spend as much time as we can outside during the summer months. There’s nothing quite like a relaxing summer day in the backyard with friends, hosting a barbeque or enjoying an evening under the stars around the firepit. Summer is made for chilling and breathing in the fresh air and just unwinding after a long day. So this month, ramp up your outdoor space and bring your indoor style right to your backyard.
Bonus Living Spaces
More and more, people are treating their backyard spaces as an extension of their living space. From outdoor pergolas to string lights, trendy rugs and comfy, weatherproof sectionals and lounge chairs, homeowners are creating stunning open-air outdoor living spaces. You don’t even have to have a huge space, you can add smaller pieces to your deck or patio to create a relaxing, cozy sanctuary. Whatever your indoor style is, you’re sure to find similar outdoor pieces.
Inspirational Botanicals
The right plants, flowers and planters can make all the difference when it comes to creating a warm, inviting and colorful outdoor space. With so many stylish planters available, you can easily find ones that match your style and fill them with a variety of herbs, flowering annuals, cactuses, plants and shrubs. If you live close to a farmers’ market, be sure and check them out as they typically have a huge variety of cost-effective flowers, plants and herbs to fill your yard, patio or balcony.
Small Space Solutions
There are tons of creative ways to transform a small space and make a big impact. Start with some lively décor, potted plants, outdoor pillows, candles and small scale furniture. Consider a vertical garden where you can plant your favorite herbs and vegetables. Adding string and solar lights can also help make a space feel extra cozy. And when it comes to furniture, think about a bistro set for casual dining, foldable and stackable chairs or a small loveseat and ottoman. There are tons of creative ways to make a big impact in a smaller space.
If you’re limited on outdoor space, don’t let that stop you from creating the perfect outdoor oasis. Infusing your personality and style to your backyard, balcony or back porch is the perfect way to gain more living space and enjoy a place where you can enjoy more fun in the sun all summer long.
original article found here: https://blog.coldwellbanker.com/make-the-most-of-your-outdoor-space/
Now is the time to sell!
I love putting my headphones on in the morning and listening to music while writing one of my weekly blogs. I think everyone gets their inspiration from many different things and some of my best come from music. I still read my daily quotes… but music? It doesn’t get any better! There is nothing more calming while at the same time as energizing than the lyrics of a song that is well written. So this morning I have Adele speaking to me (and trust me I am tasting every word) while holding my first cup of magic and I am ready to go!!!
Now on to what this post is about…… We are now ending the first week of June and the housing inventory is still historically low. Although it is not uncommon for inventory to be low in early Spring in Northern Michigan and I hate to sound like a broken record, but if you are thinking of selling there is no better time than now! There are very few homes to choose from currently, therefore, making what is available very appealing to buyers, not to mention the historic prices that sellers are seeing! I believe you will be pleasantly surprised the equity you have in your home. If you are thinking at all about listing your home this year, now is the time to do it! I would love to talk with you regarding your options and provide you with a an opinion of what your home may sell for and the services that I provide in order to help you obtain a quick and smooth sale.
Jamie Kardosh, Coldwell Banker Schmidt, Petoskey, Michigan
www.jamiekardosh.com
231-838-2095










