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Top Kitchen Design Trends: Blending Functionality, Style, and Earthy Elegance
Here are some KITCHEN design trends worth noting: Big, functional vent hoods that blend in….Exposed beams and visible means of support… Earthy Neutral colors…. Fabric Panels on cabinets…. Long sculptural Island lighting…. Wooden hardware….Gleaming bistro racks for storage…. Chic, Camouflaged storage….Impervious stone: a revolution against boldly patterned or Calacatta marble? (WSJ) 2/26/2025
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Realtor.com Reveals the 10 Hottest Housing Markets of January 2025
These are the 10 hottest markets of January, 2025 according to Realtor.com: 2/22/2025
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Could the Privatization of Fannie Mae and Freddie Mac Trigger Higher Mortgage Rates?
Will Fannie Mae and Freddie Mac be privatized? And if so, could this cause a spike in mortgage rates? We may find out soon. The two firms were placed into government conservatorship in September, 2008 as the global financial crisis mounted. In the aftermath, many borrowers defaulted on their mortgages and risked losing their homes.…
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Rent Prices Dip as New Apartments Flood the Market, But …
Rent prices have come down because newly built apartments are increasing the supply of units available. With more inventory, some property managers must consider lowering their asking prices to attract tenants. But building permits for rental housing are down notably, so tenants asking for longer leases may not be lucky, and should be wary that…
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Mortgage Applications for Home Purchases Drop 4%, While Interest Rates Decrease to 6.97%
Mortgage applications to purchase a home last week dropped 4%, compared with the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.97% from 7.02% 2/6/2025
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Study Projects 29.4% Rise in Home Insurance Premiums
First Street’s study projects that average home-insurance premiums will rise 29.4% in the next 30 years and that the number of Americans who will consider climate risks when moving will soar, from 5.2 million in 2025 to 55 million in 2055. 2/4/2025
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50% of Renovators Exceed Initial Budget, Survey Shows
50% of the renovators surveyed by Houzz in 2022 who had set an initial budget said they’d overshot it, with 12% overspending by 25 – 49%, and 5% going over by more than 50%. (FT) 2/3/2025