28
Feb 19

No Worries… Home Prices Coming in for a SOFT Landing

No Worries… Home Prices Coming in for a SOFT Landing | Simplifying The Market

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.

The previous housing market was fueled by an artificial demand created by mortgage standards that were far too lenient. When this demand was shut off, a flood of inventory came to market. This included heavily discounted distressed properties (foreclosures and short sales).

Today’s market is totally different. Mortgage standards are tighter than they were prior to the last boom and bust. There is no fear that a rush of foreclosures will come to market. The Mortgage Bankers’ Association just announced that foreclosures are lower today than at any time since 1996.

Case Shiller looks at the percentage of appreciation as compared to the same month the year prior. Here is a graph of their findings over the last ten months:

No Worries… Home Prices Coming in for a SOFT Landing | Simplifying The Market

As we can see, home price appreciation is softening as more inventory comes to market. This shows that real estate prices are not crashing, but merely returning toward historic appreciation numbers of 3.6% annually.

Bottom Line

Home prices are leveling off. Long term, that is a good thing for the housing market.

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28
Feb 19

How Queens-Based Water & Light Delivers the Best Plants to Your Door—No Matter the Size

When it comes to the care of plants, we’ve got you covered. But there’s one thing you can’t tell just from a quick Google search: how long your plant has been sitting around in the store. Ideally, of course, store staff have been taking good care of them, but there are lots of unknowns at the time of purchase. It might seem small, but it could make a huge difference in your plant’s longevity.

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28
Feb 19

This Is How You Get a Perfect 850 Credit Score

In the world of credit, establishing a credit score of 850 is like being granted a lifetime achievement award. Both FICO and Vanguard—widely used credit-scoring models—consider 850 to be the highest possible credit score. The score is perfect. Exceptional. Untarnished. But… is it possible?

The short answer, according to experts: Well, yes. But an 850 credit score takes time and strategy. And, if we’re being completely honest, it may not be all that it’s cracked up to be.

Here’s what you need to know about the exclusive 850 credit score club:

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28
Feb 19

This Is Why You Have Trouble Sleeping in the Winter

Winter, the season of cozy hygge, seems like it would be the best time of year to catch up on all those ZZZs we miss out on during the more active months. But it turns out that—whether or not you’re one of the 10 million Americans who suffer from seasonal affective disorder each year—the long and dark days actually wreak havoc on our sleep schedules, both in the quality of our sleep and the number of hours of rest we’re getting each night.

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28
Feb 19

Bazaar Daily Finds — February 27, 2019

Japanese Leather Safari Chair – $695 – A classic safari chair design, easy to dismantle for portability, in raw Japanese leather with black trim. One available – NYC


Wednesday, February 27

Dear Readers,
What are you looking for? We’ve just cleaned out and relaunched our marketplace as Bazaar – the best place on the web for vintage designer furnishings and accessories directly from others in our community. These are my top picks for today.

Best, M

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28
Feb 19

The Least Expensive City to Own a Home in Every U.S. State

When it comes to owning a home, it’s all about location, location, location. The city you choose to put down roots will affect so many aspects of your life, including the home you can afford. While certain urban hubs are notorious for being unaffordable, there are other markets that make buying a home just a little more achievable.

Wondering where housing costs are lowest in your state? Yearly, the Census Bureau produces the American Community Survey (ACS), which asks U.S. residents questions about their lives to provide greater insight into the nation’s population.

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27
Feb 19

Interest Rates Hit New 12 Month Low!

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!

Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below.

Interest Rates Hit New 12 Month Low! | Simplifying The Market

Freddie Mac’s Chief Economist, Sam Khater, had this to say:

“Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last year.

Wages are growing on par with home prices for the first time in years, and with more inventory available, spring home sales should help the market begin to recover from the malaise of the last few months.”

Bottom Line

If you plan on buying a home this spring, let’s get together to prepare you to take advantage of today’s market before rates increase!

 

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27
Feb 19

Kristen Bell and Dax Shepard Created a Plant-Based Baby Line (and OMG, There Are Sloth Diapers)

In between juggling film and TV roles, being a wife, mother and getting her zen on with the help of organization photos, Kristen Bell somehow managed to find time to launch a line of baby products with her husband Dax Shepard.

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27
Feb 19

Bazaar Daily Finds — February 25, 2019

Modern desk by Conant Ball Furniture – $800 – mid century modern desk by Conant Ball Furniture Makers. Solid wood. light maple color. Original vintage piece. Good vintage condition – SHIPS


Tuesday, February 26

Dear Readers,
What are you looking for? We’ve just cleaned out and relaunched our marketplace as Bazaar – the best place on the web for vintage designer furnishings and accessories directly from others in our community. These are my top picks for today.

Best, M

READ MORE »

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27
Feb 19

The Most-Helpful Free Apps for Any Apartment Rental Search

Hunting for a new apartment in a major urban hub can be overwhelming. Where to start? Like everything these days, there’s an app for that.

If you’ve ever looked for a rental in a competitive market, you know that good apartments tend to get snatched up faster than you can say “security deposit.” By using the best rental apps, you can simply hop on your phone (you don’t even have to get up and grab your laptop!) and scan your city (or the one you plan to move to) for places that are available in real-time. They’re also packed with convenient features, like the ability to submit your credit report and a rental application and the option to pay your rent directly through the app.

Here’s the lowdown on some of the best apps available nationwide, including those most popular in major cities across the country:

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