With the shelter in place orders that came with 2020, we all had a heightened awareness of the cleanliness of our homes!
This year, hygiene will continue to be a main concern, especially in germ-prone and high-traffic areas like bathrooms, putting an emphasis on easy-to-clean surfaces and anti-microbial fixtures.
Because quartz is one of the hardest natural materials, resisting scratches and stains, and is easy to maintain, it’s a top choice for homeowners this year especially. Quartz can easily accommodate all the frequent cleaning that homeowners are doing now. Plus, it’s non-porous, which means it can’t harbor as much bacteria as more porous materials. This is a vital consideration in a room that is constantly being barraged by moisture and water.
Quartz has a contemporary feel with sleek profiles and little to no seams, which makes them that much easier to maintain. Lighter finishes are all the rage, showcasing the warmth of today’s modern bathrooms. That’s because there’s a move toward organic trends that feature an eclectic mix of earthy elements. Quartz counters paired with natural wood is one example of this.
Waller County is Booming!
Bold Fox Development in partnership with Chesmar Homes, History Maker Homes and Empire Communities has acquired 469 acres on the northwest side of Houston in Waller County for a master planned community. The property is located north of Highway 290 near FM 362 and Owens Road, just north of the new 521 acre Beacon Hill property being developed by Wolff Cos.
This community will provide much-needed attainably-priced housing in the city,” said Alex Kamkar, Managing Shareholder of Bold Fox Development. “We want the community to have a pastoral ambiance in homage to the wonderful prairie land this region is known for. Future homeowners will be able to enjoy the quaint rural setting the City of Waller offers, while the proximity to Highway 290 provides an easy commute to employment in The Woodlands or the energy corridor.
Now that some of us are venturing out again, I want to share 2 places for you to visit:
Glade Cultural Center
Located in The Woodlands @2000 Woodlands Parkway 77380, this Art Exhibits, Concerts (Classical to Jazz), Themed Dinners, Special Events, Center is one-of-a-Kind! They feature a get-together social wine tasting on Friday evenings, also. View their event venues tab here. Outdoor seating is available, too. (Prior to the Pandemic, there were art classes for Adults and children held here too! Fingers crossed they can come back in 2021!)
The Flower Child Restaurant located @1900 Lake Woodlands Drive, Suite 100, 77380. Honestly, I wouldn’t have selected this small, recently-opened place to take my sister to lunch, but she was “staying on her diet”… gluten-free… and I remembered it was close to home. They have a large patio with socially distanced tables. The staff was SO friendly and couldn’t do enough for us! Their mission statement resonated, too: “We’re on a simple, soul-satisfying mission to spread positively delicious vibes and healthy food in The Woodlands. Whether you’re craving a taste of our bowls, grains, greens and wraps or looking to refresh with our flavored lemonades, kombucha or organic wine and beer, we’re here to take you to a happy place. We make every last bite on the Flower Child menu from scratch, using farm-fresh ingredients from close to home. That’s our promise to you, whether you’re vegan, paleo, gluten-free or just hungry.”
Due to Covid-19, we have seen a decrease in construction materials, so we don’t see a lot of new construction to keep up with the 2021 demand for homes. Although we will see some distressed homes come on the market from those people in forbearance or who have lost their jobs due to Covid-19, the demand will be there to absorb additional homes in most markets.
While 2021 will see home builders responding to higher prices, supply and inventory will still be limited. Fed policy will enable lower mortgage rates for highly creditworthy borrowers, while inflation may begin to emerge. Finally, the Millennial generation will continue to be the defining demographic group in the housing market for years to come.
We expect to see the housing market continue its bull run well into 2021. Home value appreciation will approach 9% or even 10% by July, before cooling somewhat down toward 7% appreciation. This rapid price growth will be driven by the same factors that took the steering wheel in 2020: strong demographics, low mortgage rates, and inadequate supply.
The Millennial generation is moving into their mid-30s, bringing a wave of demand from renters looking to buy their first homes. Mortgage rates may inch back up to around 3%, but even at that level, they will be making home purchases more attractive all along the price range. And although builders are finally firing on all cylinders delivering new homes to the market, it will take them a long time to make up for the home building deficit we accumulated from 2008 to 2019.
The clearest barometer we have that reflects all these dimensions of the housing market is active inventory, which is down more than one third year-over-year. That suggests continued fast price appreciation ahead and competition between buyers.
These pictures tell THE STORY: our homes are selling, but we need more Inventory!
Property Inventory in both The Woodlands and Magnolia remains small. These 2 pictures say it all!
FREE ANNUAL CREDIT REPORT Reminder from Mortgage Broker Ann Geske, a fellow Rotarian!
This is your friendly reminder to obtain a free copy of your credit report by going to AnnualCreditReport.com, the official website established through the Fair Credit Reporting Act. Other sites may have similar names, such as “FreeCreditReport.com,” but they actually come with a price!
Remember these tips:
Try to have credit account info handy before logging on. For security purposes, you will be asked to verify information that can include anything from existing loans to prior addresses. If you have your last credit report available, that’s ideal.
Get a report from all three repositories.: Experian, Equifax, and Transunion.
As soon as you’ve accessed each of the reports, print or save a copy. If you close the window with the report open, you’ll have to wait one year to return to that bureau’s report.
Review your reports carefully. If you find errors, please don’t hesitate to give me a call. We can talk about the potential impacts—good and bad—of credit disputes.
You may purchase your “credit score” as an option. If you opt for this, keep in mind these scores can differ from those typically used by creditors.
I highly recommend that you take advantage of AnnualCreditReport.com every year as one additional step in protecting yourself from identity theft and to make sure your credit is in good order for the next time you need to apply for new credit, insurance, or sometimes, even new employment.
As always, if you have any questions about this email, or just want to say "Hi," I'm here to serve you.
2021 Interior Design
In 2021, designers are falling out of love with the industrial design aesthetic, favoring instead soft, lush interior landscapes.“The world is harsh and cold enough these days, so people are looking for spaces that nurture and envelope them,” designer Scot Meacham Wood told Elle Decor.
Industrial design isn’t the only feature that homeowners are dismissing. Vessel bathroom sinks-58%, open shelving in kitchens and bathrooms-52% , shabby-chic furniture-41% and floral furniture-39% are also on the way out. “Vessel sinks have outstayed their welcome in any bathroom” . “Not only are they awkward to use, but they can also potentially knock down the price of your home if the buyers want an updated bathroom. “Open shelving can look great when it’s first put up and everything looks neat and tidy on the shelves”. “But, inevitably over time, open shelving can look cluttered and untidy, and many buyers will notice this as they view your home. Open shelving doesn’t fit in with real, domestic life, so opt for covered storage.”
If you have already changed some rooms to an industrial design, AND you are looking to sell in 2021, make sure to stick to neutral palettes-especially when repainting- wherever you can when prepping your home prior to listing. “Bring in personality and the unexpected with vibrant art that provides a contrast to an otherwise more masculine industrial style decor.