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

Home Improvement Spending Picking Up

August 5, 2015 1:57 am

With the economy looking up, recent LIRA projections anticipate more homeowners will spend on remodeling projects through early next year, with growth accelerating four percent. LIRA, or the Leading Indicator of Remodeling Activity, is released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

“A major driver of the anticipated growth in remodeling spending is the recent pick-up in home sales activity,” says Joint Center Managing Director Chris Herbert. “Recent homebuyers typically spend about a third more on home improvements than non-movers, even after controlling for any age or income differences, so increasing sales this year should translate to stronger improvement spending gains next year.”

“Other signals of strengthening remodeling activity include sustained growth in retail sales of home improvement products and ongoing gains in house prices across much of the country,” explains Abbe Will, a research analyst in the Remodeling Futures Program. “Rising home prices means rising home equity, which should encourage improvement spending by a growing number of owners.”

Source: Joint Center for Housing Studies

Published with permission from RISMedia.


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Splurge vs. Save: Designing a High-End Kitchen

August 5, 2015 1:57 am

(BPT) – It’s no secret good design can enhance your daily life, especially in the heart of the home: your kitchen. In fact, 98 percent of respondents to a recent Dwell survey were willing to pay more for premium items that bring a high-end, functional kitchen design vision to life. But choosing between splurging on those items and saving money on the backend can be challenging. Where do you draw the line?

In conceptualizing and creating a high-end kitchen, renowned designer Nate Berkus recommends dishing on a well-made marble countertop.

“It’s such a classic piece but also very durable, meaning it will still look great for years to come, which is what a forever kitchen is all about,” Berkus explains.

Lighting, on the other hand, is an opportunity to save.

“The trick is to take the time to shop for vintage sconces and light fixtures,” says Berkus. “They will add loads of character to your home but don’t have to cost a lot."

Another way to add character to your kitchen is flooring. Think vintage wood flooring – it’s a splurge, but so worth it. You can then save on new cabinetry by painting the existing ones in a black lacquer or gray.

“I’ve done this in my own home renovations and for clients. The effect is so great, no one will know you didn’t spend a fortune on new cabinets,” Berkus adds.

When it comes to appliances, look for premium stainless models at the best you can afford. Hardworking appliances that can go the distance are worth every cent.

When dressing up your kitchen, shop your home and use things you already own. Objects from your travels, framed photographs, ceramic bowls or hand-woven baskets are all things that personalize a space and make it feel layered.

“I love the idea of doing something unexpected in the kitchen, like creating a seating area in your kitchen space,” says Berkus. Shop your weekend flea market or online for a vintage sofa and coffee table and set up an area for your family to relax in.

“It’s all about creating moments like these that help you live more beautifully,” Berkus says.

It’s important to remember the goal is always to design a kitchen that won’t feel dated in one year, or even five years. Every elements of your kitchen needs to go the distance, whether you splurge or save on those desired elements that bring your personal style to life.

“When designing a high-end space, it’s important to remember that you’re shaping more than just a living environment; you’re laying the foundation for a future community of friends and family,” says Dwell President and CEO Michela O’Connor Abrams. “Design elements that marry beautiful aesthetics, intuitive technology and functionality – and are reflective of your authentic taste and personal style – should always rise to the top when deciding which products to introduce into your home.”

Published with permission from RISMedia.


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