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

Freddie Mac: Housing Market Further Stabilizes

September 1, 2015 12:42 am

In more encouraging news for housing, Freddie Mac recently reported two additional states and four additional metro areas have entered “stable” territory–a promising sign of a normalizing market. According to Freddie Mac’s Multi-Indicator Market Index® (MiMi®), Arkansas and Tennessee are in stable range, as well as the Omaha, Neb., Scranton, Pa., Chattanooga, Tenn., and Madison, Wis., metro areas.



Housing nationally stands at 80.3 on the MiMi, which indicates an outer stable range. Earlier this summer, 45 of the 50 states and 95 of the 100 metro areas were showing improvement. Based on the MiMi, the market has improved 5.41 percent in the last year.



“Housing markets are the strongest they’ve been in years with the National MiMi above 80 for the first time since 2008. Nationally, all MiMi indicators are heading in the right direction,” says Freddie Mac Deputy Chief Economist Len Kiefer. “Robust homebuyer demand has put total home sales on pace for the best year since 2007 and look for that trend to continue as the MiMi purchase applications indicator remains on the upswing.”


Source: Freddie Mac

Published with permission from RISMedia.


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3 Inspiring Ideas for a Kitchen Redo

September 1, 2015 12:42 am

(Family Features) Updating your kitchen doesn’t have to be expensive. Draw inspiration from these ideas, offered up by the experts at Lowe’s (Lowes.com), purveyor of the Frigidaire Professional line, among other housewares.



• Incorporate the farm-to-table trend with a farmhouse sink, which will work in kitchens with existing farmhouse or transitional styles. Go for classic white or a darker metal finish, such as an antique copper single-basin, to make a vintage statement.


• Don’t get voted off the island – install one instead. Create a warm and inviting space with a large, distressed-finish island, or, if space doesn’t permit, an industrial-style kitchen cart. Both will serve triple duty as a prep area, storage and space for guests.

• Though not traditionally considered an appealing color in kitchens, gray actually generates a bright, clean, calming effect, and gray walls beautifully compliment stainless steel appliances. Contrasting cabinetry and doors will make the color stand out even more, bringing the once muted shade front and center.

Source: Lowe’s

Published with permission from RISMedia.


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