19
Apr 19

BAZAAR: A Vibrant Turkish Rug, A Mid Century Dining Set, A Mod Bookcase & More!


What are you looking for? We’ve just relaunched our marketplace as BAZAAR – the best place on the web for designer vintage furnishings and accessories
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19
Apr 19

Attention: All of Anthro’s Sale is 50% Off & Our Carts Are Already Full


You don’t want to sleep on this sale.
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19
Apr 19

Disney Released Donut AND Avocado Merch, and We Can’t Decide Which We Like More


These sprinkles spark joy.
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19
Apr 19

Stay at This Airbnb-Slash-Alpaca Farm for Under $75 per Night


Alapaca bag right now.
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19
Apr 19

Target’s Opalhouse Line Is Officially a Year Old, and Spoiler Alert: We’re Still Obsessed


Targets maximalist meets boho line first hit shelves a year ago, and to celebrate we’re sharing our favorite finds.
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18
Apr 19

Buyer Demand Surging as Spring Market Begins

Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade.

However, according to two separate reports*, buyer demand dramatically increased over the last three months, leading into this spring buyers’ market (the March data is not yet available).

Both the ShowingTime Showing Index and the National Association of REALTORS Buyer Traffic Index show that buyer demand has increased in each of the last three months.

Buyer Demand Surging as Spring Market Begins | Simplifying The Market

Why the increase in demand? Increased buying power.

According to the National Association of Realtors’ Economists’ Outlook Blog, purchasing a home has become more affordable, which has led to increased demand.

“Due to the combination of falling home prices and mortgage rates, the income needed to make an affordable mortgage payment (mortgage no more than 25% of income) on a median-priced home with 10% down payment and 30-year fixed rate mortgage decreased from $60,425 in June 2018 to $53,783 as of February 2019, and the difference of $6,642 represents a gain in buying power because one can afford a home purchase at a lower level of income.”

Bottom Line

It appears the spring buyers’ market is going to be much stronger than many had projected. Whether you are selling or buying, this is important news.

 

*The methodology behind the indices:

The ShowingTime Showing Index

“The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.”

The National Association of REALTORS® Buyer Traffic Index

“In a monthly survey of REALTORS®, NAR asks respondents ‘Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?’ NAR compiles the responses into an index, where an index above 50 indicates that more respondents reported “stronger” traffic than “weaker” traffic.”

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18
Apr 19

Norfolk Island Pine: Meet the New Darling of the Houseplant Squad


If you’re in the market for something unique, check out the Norfolk Island pine (Araucaria heterophylla).
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18
Apr 19

Before & After: Black Shiplap and an IKEA Hack Transform This Uninspired Desk Space


Lindi wasn’t sure what to do with this awkward space on the side of her living room. “It didn’t really have a function and was largely unused,” she says.
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18
Apr 19

Bath & Body Works Has a Candle Flash Sale Right Now


*add to cart*
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18
Apr 19

Catnip Fever: The Dos and Don’ts of Growing Catnip Indoors


But catnip isn’t just for cat owners: It’s a delightful addition to any window herb garden, and even consumable by humans.
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