February

Top choices for remodelers

The 2019 Houzz Kitchen Trends study1 analyzed kitchen remodeling choices from the past year. The findings may help customers narrow down their design choices.

  • ‘Transitional’ – which combines modern with traditional – is the #1 style choice (21% selected it). Contemporary and farmhouse are also popular.
  • Shaker is the top choice for cabinets (57%) followed by flat panel and raised panel. As for color‚ white (43%) beats wood (25%).
  • Most homeowners (54%) mix different finishes in hardware and fixtures. The most popular choices: nickel‚ chrome‚ and stainless steel.

Please contact me if you need assistance. I am always here to help.

1Erin Carlyle‚ “Top kitchen styles and cabinet features in kitchen remodels‚” Houzz‚ last updated January 16‚ 2019.

February

Lower inventory a plus for winter sellers

The real estate market traditionally heats up in spring. However‚ listing a home in winter may bring a financial windfall for the seller.1 Here is why:

  • Less competition. Fewer homes for sale can mean buyers have less choices.
  • Cold-weather features are showcased. Such as roofs designed to handle harsh weather or shorter‚ low-maintenance driveways. Newer heating systems and fireplaces can also spark interest.
  • Serious buyers. Winter house hunters tend to be more serious in their searches. When the right property is found‚ they often act quickly.

I am always here to provide helpful information. If you have questions or need assistance‚ please contact me.

1Terri Williams‚ “Six reasons why selling a house in the winter may be the best decision ever‚” Realtor.com®, last updated October 8‚ 2018.

January

Sales expected to grow 3.6%

Many markets are projected to remain hot in 2019 – including Metro Boston.1 According to Realtor.com®:

  • The Boston metropolitan area (which includes the city and most of Eastern Massachusetts) ranks as the 10th best market.
  • The area median home price will hit $496‚710; the number of homes sold will grow 3.6%.
  • The education‚ health care & technology industries are luring Millennials to Boston and its suburbs.
As always‚ Capstone Mortgage is here to provide timely market information. Please contact me if you have questions.

1Alison Underhill‚ “The 10 surprising housing markets poised to rule in 2019‚” Realtor.com®‚ last updated January 2‚ 2019.