RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Stuck on the Sidelines? Home Affordability on the Rise

February 22, 2016 1:57 am

Are financial constraints hindering your ability to purchase a home? 2016 may be your year. Affordability is on the rise, according to a recent report by the National Association of Home Builders (NAHB)—in fact, 63.3 percent of new and existing homes sold at the end of last year were affordable to families earning $65,800, the national median income.

“The signs point to continuing growth in home sales,” says NAHB Chief Economist David Crowe. “We’ve seen an improvement in affordability due to favorable home prices and interest rates. Steady employment and economic growth, along with rising consumer confidence and pent-up demand will also help encourage more buyers to enter the marketplace.”

“Affordable home prices, attractive mortgage rates, and pent-up demand are keeping the housing market on a gradual, upward path,” adds NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill.

On a national scale, the median home price fell at the end of the year, down to $226,000 from $231,000, according to the NAHB report. Average mortgage rates also declined in that same period. Based on findings from the report, the most affordable markets are concentrated in the East North Central, Middle Atlantic and South Atlantic regions.

Source: NAHB

Published with permission from RISMedia.


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6 Ideas for Pinterest-Worthy Home Décor

February 22, 2016 1:57 am

Housing millions of images and thousands more each second, Pinterest is a playground for those seeking inspiration. Which home décor trends will make a splash on Pinterest feeds this year? Interior designer Taniya Nayak, of HGTV and Food Network fame, points to six major décor movements:

1. Digitally Defined – “Geometric shapes and angles have become associated with technology; this evokes creativity and innovative design because they're edgy and create movement,” says Nayak.

One way to incorporate this trend within a space is using geometric floor tiles in different colors. The edginess of the tile with the mix of color will keep your eye constantly moving. Geometric shapes alone, like in a light fixture with lots of edges, will also create a dramatic and stunning statement.

You can also incorporate this trend with “pixilation” for a modern and clean look. Pixelated artwork made up of monochromatic cubes can be simplistic and fit in a variety of spaces.

2. Fresh and Fab – “Fun saturated colors, such as yellow and blue, produce an energetic and happy feeling,” Nayak says. “Let your imagination run wild and paint a bold accent wall for an eye-catching statement, or paint an antiqued piece of furniture a bright color for an unexpected combination of modern and traditional elements.”

Multiple bright colors mixed together create a crisp and fresh interior and elevate the mood in any space. Incorporating flowers and fruit is also a great way to enhance a space with color and aromas, instantly revitalizing a room.

3. Nature's Patterns – Lend a sense of cleanliness without sacrificing detail with simple designs inspired by nature. These patterns are organic and include shapes such as honeycombs, florals and leaves.

“When honing in on the details found in these elements, it's easy to see there are countless designs created,” says Nayak. “Pair these with neutral colors that have warm or cool tones for a soothing atmosphere, or blow them up and paint them in a bright color for a bold statement.”

You can also integrate natural patterns through accent pieces, such as reflective light fixtures to mimic sparkling water or a textured jute rug.

4. Presswork Palette – Personalize any space by incorporating text—think monograms, family names or inspirational quotes. Adding an uplifting quote or message to a room, whether on a small pillow or large piece of subway art, will create a positive atmosphere and generate conversation. Text can be placed anywhere throughout the home.

“Have fun by playing around with various fonts and sizes to create different moods throughout each room,” Nayak says. “Letters can be sharp and defined to create a contemporary and stylish aesthetic, or soft and casual to give life to a space so it feels elegant and timeless.”

5. Textured Terrain – Forget smooth finishes. From transformed wood pallets to worn leather or tin ceilings, raw materials that are aged offer a great deal of texture and help give a space dimension.

“A great way to make a raw material feel beautiful is by incorporating it into an application you would not typically think to use the material,” says Nayak. “For example, utilizing concrete on a wall instead of the floor will create a clean and raw space that will reflect simplicity and unity.”

6. Well-Traveled Style – Incorporate global influences with vibrant colors and exotic textiles through painting, wall décor or accessories. A parade of patterns from different cultures can feel modern and fresh when used together.

“Don't be afraid to mix multiple prints within a space; having a variety of patterned pillows, rugs and wall décor is a great idea,” Nayak says. “Make sure to tie these patterns together by carrying a similar color throughout each element in the room.”

Whichever trend you choose to implement in your home, keep your unique style at the forefront, Nayak adds. After all, Pinterest is about personalization!

“When trying a new trend, make sure it accurately represents your style—and remember, you don’t have to go all out. Any of these trends can be incorporated into your home as little or as much as you'd like through pillows, accents, rugs and paint.”

Source: ShurTech Brands, LLC

Published with permission from RISMedia.


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