Pretend you have been driving on the Interstate at 100 miles per hour.
Also, pretend you have been doing that for a long time.
Now pretend you slow down to 83 miles per hour.
How would that feel?
It would probably feel slow, right?
83 miles per hour is a 17% decrease from 100. It may feel slow, but it’s still pretty fast.
How does this relate to real estate?
Well, the market has been moving fast for a long time.
It’s been going 100 miles per hour for at least two years (some would argue even longer).
We’ve recently seen a 17% change in terms of number of transactions that are occurring.
There were 17% fewer sales in October 2018 versus October 2017 in Metro Denver.
It feels slow because we’ve been driving so fast for so long. But, our market is still moving.
For example, prices are still up. So, remember, that it’s all relative.
Virtually all of the experts we follow put rates above 5% going into next year and some see rates approaching 5.5% by the middle of 2019. What’s certain is that there are economic forces at work that are pushing rates higher.
So, how about a little history lesson? How do today’s 30- year mortgage rates compare to this same date in history going all the way back to 1990?
• Today = 4.85%
• 2017 = 3.94%
• 2015 = 3.82%
• 2010 = 4.27%
• 2005 = 5.98%
• 2000 = 7.84%
• 1995 = 7.75%
• 1990 = 10.22%
While today’s rates feel high only because they are higher than 2017, they are quite a bit lower than at many times in history.
Here are some interesting stats from our friends at Metro Study who study new home activity along the Front Range.
• New home starts are up 14% compared to last year – this is really good news and is helping to relieve the shortage of housing inventory
• Every product type saw an increase in starts compared to last year (single family, town-home and condominium)
• Condominiums saw the largest increase in starts by a long shot, up 112% over last year- this is excellent news for first time buyers and those looking for product in lower price ranges.
There is an appreciation of luxury that is quiet, understated, and personal that is gaining momentum in 2017. People want their homes to feel luxurious but also welcoming, warm, and most importantly, authentic. This means creating spaces that feel highly personal with a piece of original art, beautiful accessory, unique lighting or custom furnishing.
Finding pieces that are truly special requires more than visiting local retailers and galleries, so we have assembled a list of distinctive artisan brands that produce one-of-a-kind pieces, from glittering lighting to parchment wall panels and luxury textiles.
Based in London and Vienna, KAIA creates refined lighting pieces that combine function and beauty in equal measure. All of the brand’s items are designed exclusively by craftsman Peter Straka and expertly made in KAIA’s Vienna workshop. Their main focus is that the light fixture should always be artful – even when it is not illuminated.
Master of luxurious custom-made finishes for furniture and surfaces, Simon Orrell is London’s go-to craftsman for yachts and interiors. From a workshop in London’s Chelsea Design Quarter, has worked closely with artisans from around the world to create unique furniture and accessories that draw upon historic techniques and materials like shagreen, parchment and shells like mother of pearl. Luxury surfaces have become his specialty, transforming everyday objects into museum-quality pieces.
Known for their Lusive© Décor label that provides large scale custom lighting for luxury hotels and casinos, Thomas Cooper Studio is now featuring limited edition collections designed for the home. Manufactured in Los Angeles, using original materials and artisanal processes to create inspired designs, the end result is high function meets high art.
Modern design and home furnishings are certainly dominating the interior design scene at the moment but not all homes are suited for the current darling of design. Ave Home, a specialty furniture company based in New Orleans, revives classic design by creating historical reproductions with superb attention to detail. Their collections offer a variety of timeless styles, including French Louis XV, Swedish Gustavian, Hollywood Regency, and the aforementioned Mid Century Modern.
Since 1952, Pindler has been perfecting the art of fabric design and development. Some of their signature lines include ornate looks like the Heart Castle Collection to more contemporary looks like the Mirage Collection. Whatever your style – their fabrics are unbeatable in style and quality.
After 35 years as an interior designer, Coryne Lovick launched her namesake collection in 2013 with a selection of timeless pieces devised to work in many types of spaces. Like her interiors, the Coryne Lovick Collection is sophisticated, inviting, and is known for exquisite detail and luxe materials.
Studio Jackson is a full-service interior design firm based in Los Angeles. In addition to the firm’s thriving consultancy, they are now offering a collection of furniture designed by founder and Principal Designer, Ryan Gordon Jackson. RJ creates designs for a discerning contemporary-minded customer and each piece is handmade by highly trained artisans in their workshop. The collection speaks to Jackson’s design mantra that “Luxury and contemporary design are not mutually exclusive.”
Studio Roeper is a California artisan studio dedicated to the creation of custom handmade and finely crafted luxury furniture for private residences, boutique hotels, art collectors and interior designers around the world. All of the slabs and lumber are locally sourced, milled and seasoned in-house at their own sawmill. Their commitment to mixing art with function extends into play with their own handmade skateboards!
Studies continue to show that real estate buyers are willing to pay a substantial premium for homes that feature highly efficient, environmentally friendly “green energy” technology.
While the added value depends on the location of the home, its age, and whether it’s certified or not, three separate studies all found that newly constructed, Energy Star- or LEED-certified homes typically sell for about nine percent more than comparable, non-certified new homes. Plus, one of those studies discovered that existing homes retrofitted with green technologies, and certified as such, can command a whopping 30-percent sales-price boost.
Options include technologies that you may already be very familiar with, as well as some new breakthroughs that may surprise you:
Fuel cells may soon offer an all-new source of electricity that would allow you to completely disconnect your home from all other sources of electricity. About the size of a dishwasher, a fuel cell connects to your home’s natural gas line and electrochemically converts methane to electricity. One unit would pack more than enough energy to power your whole home.
Past fuel cells have been far too expensive and unreliable. But Redbox Power Systems, a company that’s planning to launch its first fuel cell later this year, is using new materials, claims they’ll be able to cut the purchase price by 90 percent, and predicts the associated electricity-bill savings will allow homeowners to pay off that purchase price in just two years’ time.
A wind turbine (essentially a propeller spinning atop an 80- to 100-foot pole) collects kinetic energy from the wind and converts it to electricity for your home. And according to the Department of Energy, a small version can slash your electrical bill by 50 to 90 percent.
But before you get too excited, you need to know that the zoning laws in most urban areas don’t allow wind turbines. They’re too tall. The best prospects for this technology are homes located on at least an acre of land, well outside the city limits.
Cool roofs keep the houses they’re covering as much as 50 to 60 degrees cooler by reflecting the heat of the sun away from the interior, allowing the occupants to stay cooler and save on air-conditioning costs. The most common form is metal roofing. Other options include roof membranes and reflective asphalt shingles.
Another way to keep the interior of your house cooler—and save on air-conditioning costs—is to replace your traditional roof with a layer of vegetation (typically hardy groundcovers). This is more expensive than a cool roof and requires regular maintenance, but young, environmentally conscious home owners are very attracted to the concept.
Combining a heat pump with a standard furnace to create what’s known as a “hybrid heating system” can save you somewhere between 15 and 35 percent on your heating and cooling bills.
Unlike a gas or oil furnace, a heat pump doesn’t use any fuel. Instead, the coils inside the unit absorb whatever heat exists naturally in the outside air, and distributes it via the same ductwork used by your furnace. When the outside air temperature gets too cold for the heat pump to work, the system switches over to your traditional furnace.
Geothermal heating units are like heat pumps, except instead of absorbing heat from the outside air, they absorb the heat in the soil next to your house via coils buried in the ground. The coils can be buried horizontally or, if you don’t have a wide enough yard, they can be buried vertically. While the installation price of a geothermal system can be several times that of a hybrid, air-sourced system, the cost savings on your energy bills can cover the installation costs in five to 10 years.
Solar panels capture light energy from the sun and convert it directly into electricity. For decades, you may have seen these panels sitting on sunny rooftops all across America. But it’s only recently that this energy-saving option has become truly affordable.
In 2010, installing a solar system on a typical mid-sized house would have set the homeowner back $30,000. But today, that price has been slashed to an average of just $19,000. Plus, some companies are now offering to rent solar panels to homeowners (the company retains ownership of the panels and sells the homeowner access to the power at roughly 10 to 15 percent less than they would pay their local utility).
Solar water heaters
Rooftop solar panels can also be used to heat your home’s water. The Environmental Protection Agency estimates that the average homeowner who makes this switch should see their water bills shrink by 50 to 80 percent.
Many of the innovative solutions summarized above come with big price tags attached. However, federal, state and local rebates/tax credits can often slash those expenses by as much as 50 percent. So before ruling any of these ideas out, take some time to see which incentives you may qualify for at dsireusa.org and the “tax incentives” pages at Energy.gov.
Regardless of which option you choose, these technologies will not only help to conserve valuable resources and reduce your monthly utility expenses, but also add resale value that you can leverage whenever you decide it’s time to sell and move on to a new home.
A crisp white ceiling is a classic look, but it’s not the only option for making a room look polished. Here are a few other design considerations to bring some personality to your ceiling.
The sky is the limit when it comes to the amount of creativity and beautiful layering you can put into creating a decorative statement on the ceiling. But before we discuss the many stylish or unusual treatments to consider, let’s start with a classic finish you’ve probably seen before.
Ceiling 1: Toronto Interior Design Group | Yanic Simard, original photo on Houzz
In my own design projects, I find many clients are excited to remove a popcorn ceiling treatment, and this is usually my preference as well. The results can be subtle, yet striking.
In some cases, the results can be dramatic. Removing a popcorn ceiling, and the entire drywall layer above, can often reveal architectural finishes, such as a cool concrete surface.
An exposed concrete ceiling gives a room a bit of industrial, architectural flair, adding drama and texture in a modern way. Of course, not every home has a concrete ceiling to reveal, so it’s important to speak with your designer or contractor before making any plans.
It’s also important to note that stripping a ceiling back to the concrete will leave no space for recessed ceiling lights. For this reason I usually include an area of dropped ceiling to allow potlights, define a gathering space or focal point and visually break up the look a bit.
Ceiling 2: Victoria Gerts, original photo on Houzz
From my experience, the most popular contemporary ceiling style is the simple flat drywall ceiling. If a room includes other sound-absorbing materials like rugs, curtains or a fabric headboard, you can skip the acoustic ceiling treatment without worrying about echoes.
As I mentioned before, it is not always easy to achieve a perfectly crisp drywall ceiling, but skilled tradespeople can install either a new drywall ceiling or scrape the texture paint from an existing ceiling to reveal a much more sleek, modern surface.
Trimming a ceiling with crown molding painted to match the ceiling hue is a great alternative way to hide subtle imperfections in the slope of the ceiling and achieve a bright, airy, classic look.
Ceiling 3: Jade N Timmerman Interiors, original photo on Houzz
A drywall ceiling doesn’t only come in one shade, so while we’re discussing this finish, let’s touch on some differing paint choices.
White. A white or just-off-white ceiling is popular because it’s a great way to make any room feel open and airy and let light bounce from any windows or light fixtures back into the room.
For a contemporary or modern home, plain white can work great, but for a more traditional home or a space with definite warm tones (like this room with a lot of welcoming beige), choose a subtle off-white that complements the tone of the walls.
For a fun, trendy take, cheat the ceiling line a bit by starting the ceiling paint 12 to 24 inches down the wall (or only painting the walls up to that point, whichever way you think of it). The result is a breezy modern effect without using any bold hues or new materials.
Gray. Using a darker hue on the ceiling than on the walls visually brings the ceiling down, which can make a room feel more intimate.
Using a neutral gray shade (or one with a hint of cool blue) achieves this effect without drawing too much attention, so the room still feels serene and sophisticated.
This makes gray a great choice for bedrooms, dens and nurseries, bringing a peaceful, cozy atmosphere.
Accent colors. For a room with a unique personality, adding an accent color to the ceiling infuses a lot of drama in an unexpected spot.
I won’t lie: As a DIY task, painting the ceiling is not nearly as easy as painting a wall, and even for professionals it usually requires the room be fully emptied first. So, it’s best to be absolutely sure that you love a hue before applying it to the “fifth wall.” The upside is that the ceiling is often a relatively small surface area, meaning that splash of color is a more controlled dose than painting the walls.
While a painted ceiling is immediately noticeable in a room with stark white walls, when a room has a lot of interesting and eclectic finishes on other surfaces, a rich hue can actually blend in better than a white ceiling. It’s a daring look for sure, but for those who love a lot of personality in their home, a colorful ceiling can be a very livable choice.
For the best of both worlds, a navy, deep teal or royal blue shade will feel dramatic but still appear neutral enough to not overwhelm you.
Matching ceilings and walls. Painting the ceiling to match the walls may sound overwhelming, but sometimes it can actually be the more subtle choice. When the ceiling and the walls (or even just a few walls) are the same hue, the lack of contrast makes the ceiling less of a dramatic feature and more of a singular background color. Of course, this applies best to softer hues like gentle pink, watery blue or heritage butter yellow.
Ceiling 4: Toronto Interior Design Group | Yanic Simard, original photo on Houzz
I personally match the ceiling to the walls quite often when using light neutral shades. While it may appear white on your screen, the walls, ceiling and molding in this project are all Benjamin Moore’s Classic Gray, a subtle, warm gray shade. In an older home, using an all-over hue is a great way to deemphasize imperfections such as sloped ceilings that don’t meet walls in a perfectly straight line.
Two-tone paint. Using a dark or dramatic paint color on the ceiling doesn’t have to be an all-or-nothing decision. Like the opposite of an area rug, painting just part of a ceiling can help define a particular zone. Lining up the edge or edges with another element in the room will help it make visual sense.
Semigloss. The higher the degree of gloss in a paint, the more visual depth it will have and the lighter the perceived color will be. So, when choosing a darker shade especially, selecting a semigloss or more subtle satin finish can make a color seem less aggressive and more multidimensional and help keep the paint from absorbing all of the light in the room.
Matte. Matte and eggshell finishes represent the less-glossy end of the spectrum, and thus reflect less light. This will make a color seem more pure and vivid, and a bit darker. For those who don’t want to shy away from a rich statement, a matte finish gives a crisp contemporary look.
Gloss. Ultra-high-gloss paint is not easy to apply to a ceiling because it has a slower drying time and thus lots of opportunity to drip or become uneven. But it’s not impossible for expert professionals, and the results can be stunning, especially when paired with sparkling ceiling fixtures and beautiful natural light.
Alternately, a “stretched ceiling” uses a layer of high-tech material suspended just below the true ceiling to create a gloss effect (or other finishes) that paint alone cannot achieve.
Ceiling 5: Legacy Custom Homes Inc, original photo on Houzz
Wood planks are most often seen on the floor, but they look just as beautiful above.
While wood-paneled ceilings are often associated with cottages and farmhouses, they can work with a variety of styles of home. Panelling works well for transitional homes, especially in controlled doses like the small strip seen here, bringing texture and richness to the ceiling that a solid color can’t match.
Generally, thinner strips of wood, and species with more knots, will appear more cottage-inspired, while wider planks or sheets, often with a less-grainy finish, will carry a more modern appearance.
Both types work well in kitchens with airy white or off-white cabinetry, taking a classic “white kitchen” and giving it added warmth and a natural appeal.
Ceiling 6: Buchanan Construction, original photo on Houzz
While these panels are not necessarily made from tin, the pressed-tin look endures as a charming option for traditional kitchens, or contemporary or transitional kitchens that want to add some classic flair.
These panels can be visually quite dominant with their glam or antiqued finishes and busy patterning, so they work well in rooms with otherwise simple palettes, or as a small accent over an island or seating group.
To keep the look fresh and bright, try using classic tin panels with stainless steel appliances, so the primary metal tone repeats and the room feels cohesive.
You probably don’t give much thought to your garbage cans, other than remembering to put them out on the right day. But we all have to store our trash and recycling bins somewhere, and doing so can be a challenge on a smaller property, especially if you don’t want them to be an eyesore. If you’re struggling to find a stylish way to store your bins, check out these smart and inspiring ideas. Now, is it black or green bin day this week?
Garbage Bins 1: Outhouse Design, original photo on Houzz
Choose a screen. The curved screen in the corner of this courtyard is an attractive feature in its own right, thanks to the decorative cutwork pattern, and offers an elegant way to hide ugly plastic bins from view.
By using a screen like this, you can section off as much of the garden as you need — to store bikes or garden equipment as well as bins. To blend in the structure even further, you could grow climbers up and over the screen or along the wall behind.
Garbage Bins 2: London Front Gardens, original photo on Houzz
Create a brick shelter. Built in red brick to match the house, and tiled with slate, this practical storage area blends with the property’s exterior and actually enhances the space with its character and interest. The look is mirrored in the raised bed at the front of the drive for a coordinated finish.
A custom compartment on the left neatly houses the bin, while two smaller storage compartments on the right make room for stacking recycling boxes.
Garbage Bins 3: Fenton Roberts Garden Design, original photo on Houzz
Make it part of the garden. The aim of this front garden design was to create a wildlife haven, and rather than see the bins as an unsightly obstacle to be hidden away, the owners decided to make them integral to the design.
They created a sturdy wooden structure with a living roof that works as an extension of the garden and is planted with wildlife-friendly flowers and foliage.
Garbage Bins 4: Beertje Vonk Artist, original photo on Houzz
Design it into an outbuilding. In a larger space, an open-sided outbuilding like this one is ideal for storing and hiding bins. It’s painted a heritage shade and is partly screened in front with evergreen topiary to create a visually appealing feature — a great way to smarten up a drab drive.
This idea would complement a traditional or cottage exterior, but if your style is more contemporary than country, you could choose a sleeker style, or paint it a darker shade to tie in with the exterior of your home.
Garbage Bins 5: Kate Eyre Garden Design, original photo on Houzz
Tuck it into a border. Can you spot the trash bins on this drive? They’re neatly tucked away in the wooden box to the left of this image, and the impact of the structure has been much reduced by positioning it in a decorative floral border and planting low standard trees right alongside it.
The structure also has a green roof planted with succulents to further disguise the box and make it as visually appealing as possible.
Garbage Bins 6: The Honest Scot, original photo on Houzz
Build a clever storage wall. If space is limited, why not make your recycling containers work extra hard by turning their storage area into a boundary wall, as these smart homeowners have. This neat wooden shelter screens the bins from the road while creating a clean, contemporary-style wall.
What is it about an accent wall that makes people refer to it as a “wonder wall”?
An accent wall is an emphasized wall in a room that has been designed to attract attention from adjacent walls. The simplest (and cheapest) option to go about an accent wall is by means of paint, though some may opt for wallpaper or tile. Homes with accent walls add a surprise element to a room and define an area of space that deserves attention.
Choosing the right wall
Experts say that the first wall you see upon entering a room is typically the accent wall. In many cases, the wall will have a fireplace or a built-in bookshelf, or something that suggests it is the focal point of the room. In this case, you want to accent that wall by emphasizing the central point with a background color.
Choosing the right color
Color accent walls can add depth and dimension to a room, and make a room seem bigger, warmer, or brighter. If a room is large, consider using warm colors to make the room appear more welcoming, or if the space is smaller, a lighter color can make a room look more spacious. You can visually enlarge or shrink a room by choosing the right color for your room.
Remember to think about how lighting affects the color of a wall. The color you choose may change depending on light sources that reflect on walls. For example, incandescent lights will have a different influence in comparison to natural lighting against walls. Different light sources can affect color choices, so don’t forget to experiment with lighting against colored walls.
Tinting the ceiling
Typically, wonder-walls function independently of the ceiling, as they usually remain white. However, by adding a few drops of the wall color paint to a can of ceiling paint, you are able to slightly tint a ceiling. This subtle color scheme can make for a perfect ceiling finish to compliment an accent wall.
How to do it yourself
Painting an accent wall is an easy home improvement or do-it-yourself project. All that is needed is a short list of low-cost products, including:
- Painter’s tape
- Paint (with primer)
- Roller and brush
- Putty and scraper
The directions are simple: tape off the desired wall, spread tarp across the floor, fill any holes or cracks on the wall, sand and smooth out the surface, then paint the accent wall using zigzag strokes.
Painting an accent wall is a great DIY project for anyone to tackle over a weekend or even a few hours. What is your take on the one-wall wonder? Is an accent wall an overstatement, an understatement, or a room well-balanced?
When you think of your home, it likely conjures up feelings of safety, shelter, and comfort. However, accidental injuries in the home are one of the leading causes of harm to children 14 and younger. By taking certain precautions, many of these accidents can be prevented.
While supervision is the best way to keep your children safe at home, you can’t watch them every second. Childproofing, to whatever degree you are comfortable, will go a long way toward keeping your littlest loved ones safe and healthy at home.
Here are some tips to get you started.
Many accidents happen with or around water.
If you have children at home, it’s advisable to adjust your water heater to no higher than 120 degrees to prevent scalding. Furthermore, you should never leave a small child unattended in a bath tub, even for a few seconds. And be sure to safely secure doors that lead to swimming pools and hot tubs, including pet doors. When cooking or boiling water, turn pot handles in, or better yet use the back burners, to prevent little hands from pulling them off the stove.
Household chemicals can be very harmful to children.
It’s important not to keep poisonous materials under the sink, even if you have a cabinet guard in place. Keep dangerous chemicals up high and in a room that isn’t accessible to your little ones. Seemingly innocuous medicines can also be dangerous. Make sure your medicine cabinet is out of sight, mind, and reach.
Use safety latches and gates.
It’s advisable that you use safety latches on drawers, cabinets, toilets, and windows, as well as place covers on all electrical outlets. Gate off stairways and entrances to rooms, such as garages, that contain dangerous or fragile objects.
Secure furniture and other objects.
Heavy furniture, electronics, and lamps must be secured to prevent a child from pulling them over. Bookshelves and entertainment centers often come with devices that attach them to walls so that a climbing child won’t topple the furniture. The end-caps on door stoppers can be a choking hazard, so it’s advisable to remove them. Place plastic bumpers on sharp corners or edges of coffee tables, entertainment centers, and other furniture to prevent cuts and bruises.
Install a carbon monoxide detector.
The U.S. Consumer Product Safety Commission (CPSC) recommends that consumers purchase and install carbon monoxide detectors in addition to smoke alarms. Be sure to test both devices regularly and replace batteries as needed. The American Red Cross advises families to learn first aid and CPR, and to devise an emergency evacuation plan for fires and earthquakes.
Emergency contact info.
Last, but not least, in case an emergency does happen, always keep numbers for your child’s doctor, your work and cell, and other emergency contact info in an easily found place, preferably near the phone.
Accidents can and will happen, but by following a few small steps you can have peace of mind knowing that you’ve done everything you can to protect your family from harm in your home.