AUGUST - REAL ESTATE NEWS: More Homes, Better Prices: A Buyer’s Summer

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If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from. In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search. Sellers Are Pricing To Attract Buyers According to Realtor.com , the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before (see graph below) : That’s the eighth month in a row that the typical asking price has dipped below where they were the previous year, according to the same Realtor.com report. And while falling prices can sound worrying, this isn’t a sign of an impending crash. We’re talking about asking prices, not sold prices. This is a sign that today’s sellers are meeting the market where it is and pricing to draw buyers. And that’s actually something normal we’d expect from the market. As...
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Maximizing Space in a Small Kitchen

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A small kitchen doesn’t have to mean dark or cramped, you can maximize a small kitchen by using these clever tips. From tricking the eye to great ways to get extra storage, these easy design ideas will help you love your small kitchen. 

• Tone on Tone Colors Scheme – Trick the eye by using subtle variations of the same color palate. 

• Strategic Shelving – Add a shelf above the backsplash to add room for spices or décor; place on a wall to display glasses or dishware and gain extra storage in the process. 

• Design with an Island – If possible, open a closed off kitchen to the family or breakfast room, use an island as double duty by adding a breakfast bar on one side and sink, dishwasher and storage on the other. 

• Tile a Whole Wall – Consider making a blank wall a focal point by tiling the space floor to ceiling. Glossy tile brings interest and light to the kitchen. 

• Big Style Elements – There is no need to shy away from large fixtures simply because the space is smaller. Large retro pendant lights are a great way to not only light the space but add interest and a modern vibe to the kitchen. 

• Seek Extra Storage – There is plenty of hidden storage opportunities in most kitchens. Pull out drawers are a great way to access the recessed areas of pantries and cabinets. 

Small kitchens can be just as inviting as their spacious counterparts. With a little creativity and stagecraft, your kitchen can be the heart of the home, at any size.

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