Tag Archives for " Housing "
Does the color blue relax and calm you? Do you feel anxious when you are in a yellow room? Well, did you know that your environment has a direct effect on your emotions and your state of mind?
Although people perceive colors differently because it’s subjective, there are certain colors that have a universal effect on people. Hence, it is important that you know these effects to assist you in deciding the color of your room and other parts of your house. Below is a guide to help you out.
Red. Red has been strongly associated with anger and intensity, which is why you should avoid using this as the main color of your room. But it also stimulates a person’s energy that promotes enthusiasm and liveliness. Hence, it’s good to choose this color for your living room or dining room as it helps draw people together and stimulates conversation.
Yellow. Yellow is a color usually associated with happiness and being cheery. Hence, it’s a perfect color for kitchens, bathrooms, and dining rooms. However, this isn’t a color you must consider for rooms because it’s likely that people will lose their temper. Babies also tend to cry more when inside a yellow room.
Blue. Blue is well-known to have a calming effect so it’s one of the best colors for a room but it should be softer shades of blue since darker shades have an opposite effect. It also helps in in bringing down blood pressure and slowing down respiration and heart rate. At the same time, warmer blues have a relaxing effect in social areas so you can also use this in family rooms, living rooms, and large kitchens.
Green. Similar to blue, the color green also has a calming effect that helps relieve stress as it relaxes them. It’s even associated with fertility so it can also be one of your choices for the bedroom. It can also be used in other parts of the house like; the kitchen, as it cools things down, the family room or the living room as it encourages relaxation, warmth, comfort and togetherness.
Orange. Orange is a color associated with enthusiasm, excitement, and energy. However, this isn’t the color you should choose for your bedrooms or social areas, but it’s a great color for your workout room. It brings out all the energy you need to do your fitness routine.
Purple. Purple is color that conveys wealth, royalty, and sophistication. It also conveys wisdom as well as spirituality. But like the color blue, you should choose the lighter versions of purpose such as lilac and lavender if you like to use this for your bedroom.
White. The good thing about white is it helps make the room appear bigger and spacious, but it also makes the room seem unfriendly. It’s also described as cold, bland and sterile which is why hospitals usually use white as it creates a sense of cleanliness and sterility.
According to Standard & Poor’s research, home prices are continuing to drop from the levels they saw throughout 2010, even after the temporary increase in home prices during the month of July. In the study’s 20-city composite, which includes Charlotte, NC, prices rose 0.9% from June to July, but were down 4.1% when compared to July of 2010.
“All that extra buying activity…right before the tax credit deadline drove up home prices, so it makes sense that we’re still seeing a year-over-year decline,” said Ward, CEO of a real estate brokerage web site.
CLICK HERE to read more about the falling of prices in Charlotte and several other cities throughout the U.S.
Home prices have continuously fallen in 18 of 20 US States over the past year. This statistic was found by a report made by Standard & Poor’s Case-Schiller Home Price Index released early this month.
The Mecklenburg Times published an article on this data last week. According to that article, home prices in the Charlotte meto area fell 4.8 percent in January from the same month a year ago and the area’s home prices were down 1.1 percent from December to January.
“Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future,” David Blitzer, chairman of S&P’s index committee, said of the U.S. housing market.
“These data confirm what we have seen with recent housing starts and sales reports,” he said. “The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery. At most, we have seen all statistics bounce along their troughs. At worst, the feared double-dip recession may be materializing.”
For more information on affordable, available homes visit ShowcaseRealty.net
All of the agents and staff here at Showcase Realty are very excited to introduce our brand new website! Same url: www.showcaserealty.net but different layout!
We hope to add to it as we go and continue to supply all of the viewers with as much information as possible to help make your buying or selling journey a successful and smooth process. Please feel free to check it out and look around.
If you were signed up for a listing alert you will need to sign back up through the new site – and if you weren’t signed up for a listing alert this is the perfect time to do so! You will get email updates on new properties according to your search criteria, you can save your searches and mark favorite listings.
So go ahead and take a look: www.ShowcaseRealty.net
We look forward to sharing our information with you!
According to an article published on February 1, 2011 in DSNews, a study done by Movoto.com, a real estate site based in California, more than half of American families can afford to buy a new home based on income levels and listing prices. The following is an excerpt from the article which gives insight on the reasoning behind this statistic:
“While the site’s user search statistics show high interest in affordable price ranges, the company says buyers find it difficult to purchase short sales and foreclosures and banks are still reluctant to lend.
With 2010’s median family income at $64,400, at least 50 percent of families could afford to buy a home priced at $150,000 or higher, according to Movoto.com.
A person with an annual salary of $64,400 could reasonably afford a $215,000 home with a 5 percent down payment, an interest rate of 5 percent on a 30 year mortgage, and property taxes at 1.25 percent, assuming a monthly mortgage payment to monthly income ratio rate of 25 percent, the company explained in a statement.
However, these numbers do not add up to more home sales.
‘According to the numbers, buyer interest, affordability, and home price inventory have aligned,’ said Henry Shao, CEO of Movoto. ‘Median income levels can support mortgages at the most readily available housing prices, but we have yet to see a corresponding jump in sales.'”
According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market:
“Buyer traffic remained at weak levels well below agents’ expectations in December, as our traffic index fell slightly to 20 from 21 in December (readings below 50 point to traffic levels below agents expectations). Agents said that there was little change to speak of in December relative to November, as buyers remain fearful and are willing to wait on the sidelines until more concrete signs of a bottom emerge. Another agent also said that the recent spike in mortgage rates has started to hurt.
Prices continue to fall. Home prices fell further in December, as our home price index
improved to 17 from 7 in November, but remained far below a neutral reading of 50 (any
reading below 50 indicates lower home prices over the past 30 days). Prices continue to
come under pressure as a result of the weak demand and elevated inventory levels,
especially as distressed properties continue to come back to market. Inventory appeared
stable in December, as our home listings index improved to 46 from 43 in November,
essentially in-line with a neutral level of 50. However, the length of time needed to sell a
home increased further, reflecting the weakness in demand, as our time to sell index came
in at 18 in December (from 11 in November), with readings below 50 indicating a longer
time needed to sell a home over the past month. The longer time to sell is typically a
negative leading indicator for home prices.”
If you or someone you know are looking for a home in the Charlotte Metro and surrounding areas, click here.
For more information on Credit Suisse, click here.
From everyone here at Showcase Realty, we are sending you our warmest wishes during this holiday season!
Have a wonderful and safe time as you finish 2010, and may the start of 2011 be even better.
Thank you for your continuing support and keep following us in the new year. We have bigger and better plans for 2011 so be on the look-out!
Thank you again,
Showcase Realty Staff & Agents
HGTV is looking for fun, high-energy, enthusiastic people in Charlotte NC who are selling their first place! Singles, couples and families selling homes of all kinds are all invited and encouraged to apply.
My First Sale is kicking off its THIRD season, focusing on the trials and tribulations of preparing to sell, pricing/marketing, and ultimately selling your first place. We’re looking for fun and interesting people who are willing to share their personal and financial struggles during the home-selling process.
We’ll follow you for approximately 15 shoot days over the course of the process of selling your home. This real estate rollercoaster could include some of the more stressful days of your life, so if this sounds like fun, please apply! A modest thank you check for the featured seller(s) and their agent will be awarded. You’ll also receive a DVD copy of your episode, giving you a lasting memory of the process.
If you are a first-time home seller in the Charlotte, NC are or thinking about selling soon, give Showcase Realty a call or email and we can help you! There is an applicatin process for the show so hurry and contact us before casting is over in a couple weeks!
Homes sold without the help of a real estate professional dropped to a record low over the past year. According to the 2010 NAR Profile of Home Buyers and Sellers, unrepresented sellers made up only 11 percent of the market, down from 13 percent in
Owners who sell their home without the help of an agent usually sell to someone they already know. Factoring out those private sales, the actual number of homes sold on the
open market without professional assistance was a record low 5 percent, compared to 10 percent in 2004.
With the higher rate of foreclosed and short sale properties on the market currently, buyers need to use a certified Realtor to help navigate through a sale or purchase. It is not out of the ordinary for many Realtors to be unfamiliar with the process, and this can make the real estate journey a lot harder for the buyer.
Finding a Realtor that can assist you and your needs is the best way to find a home or have your property sold in a timely manner.
For help with this process you can contact Showcase Realty by clicking here to get started on your way to selling or purchasing a property.