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14 FALL DECOR IDEAS FOR HOME

(Published on - 10/8/2022 6:31:44 PM)

From the first change of color in the foliage to the fragrance of home-baked pie, fall offers a lot to look forward to. The kids are back in school, holidays are around the corner, spiced lattes are the rage, and it is finally sweater weather. To enjoy the season to the fullest, it is important to maximize the coziness factor in your home. Read on for fall home décor ideas and tips!

Create a Color Palette

A fall themed color palette.

The vibrant colors and changing leaves are some of the best things about fall, and you can use these colors to inspire your home decor. Red, orange, and yellow create a lovely balance with brown and gold, and green and purple provide contrast. On a gloomy winter day, neutral tones and shades of cream brighten up the space.

Add Scents

A scented candle with cloves and leaves nearby.

Scented candles add a nice touch to a table arrangement, and scent diffusers fill your home with comforting aromas while adding a stylish flair. Pumpkin spice and apple cinnamon are just a few fall favorites. Vanilla is timeless aroma, and clove adds a touch of spice to the air.

Swap Out Your Throw Pillows

Small changes to your home can make it feel brand new. Changing your throw pillows is a simple and low-cost way to freshen up your home décor. Use your color palette to bring a fresh and vibrant feel to your bedroom or reading nook.

Freshen Up Bedding

Frigid temperatures are all the reason you need to liven your bedroom up with new bedding. Neutral colors such as cream or white will stay stylish all year long, or you can use purple or red tones to make the space pop.

Use Faux Fur & Heavy Knits

A gray couch with a chunky knit blanket and plaid pillows.

A good throw blanket with a heavy fabric and texture is a must-have for any living space when the temperatures drop. Use a faux fur or heavy knit blanket to make the space feel warmer. Drape it over a sofa or armchair, fold at the foot of the bed, or curl up with it while you enjoy a steamy, hot beverage.

Makeover the Mantel

A mantel decorated with fall decor.

A mantel display is a creative way to bring fall inspiration to your home. Use faux gourds, corn husks, and apples for a traditional look. Birch bark, pinecones, acorns, and autumn foliage add a rustic design to the space. You can also add lanterns and string lights to illuminate the room.

Create a Fall Floral Arrangement

Create an arrangement inspired by fall colors with faux florals to brighten your home. Compliment orange and white pumpkins or red fall leaves with green foliage. Dried grass, branches, and wheat are tasteful additions to balance the arrangement.

Display the Harvest Bounty

Fall is traditionally the time to celebrate the bounty of a harvest. Fill a bowl with small pumpkins, apples, citrus, or artichokes and use it as a centerpiece for your dining room table, coffee table, our kitchen counter.

Create a Reading Nook

A reading nook offers a peaceful place in your home for rest and reflection during the hustle and bustle of the holidays. All you need is a comfy armchair, end table, a reading lamp, and a stack of must-read books. Add a scented candle or diffuser to awaken the senses.

Go Green

Green is the ideal color to compliment the reds, oranges, and yellows of fall décor. Pair decorative gourds with potted kale on the front porch and succulents throughout the home to add a verdant touch to your home décor.

Decorate the Front Porch

A front porch decorated for fall with pumpkins, gourds, and hay around the steps.

Pumpkins aren’t just for carving out Halloween jack ‘o lanterns. You can enjoy gourd season through November by decorating your front steps and porch. Lanterns lining your walkway create a warm and welcoming atmosphere.

Hang a Wreath

A door with a fall wreath.

Hanging a wreath on your door is a classic way to celebrate the holiday spirit. Pine needles are always a favorite, or you can choose dried flowers or faux foliage to create a rustic feel.

Decorate the Foyer

Your home’s foyer is the first thing your guests see when you welcome them into your home. Celebrate the time of year and decorate a table with pumpkins, foliage, or floral arrangements.

Add Flowers

Just because it is autumn doesn’t mean you can’t enjoy a beautiful array of flowers. Fall is the perfect time for sunflowers, mums, orchids, and poppies.

Whether your home is the hot spot for holiday parties or a private sanctuary, these fall home decor tips will make it a cozy dream home!

Source: Realty Executives

 Realty Executives Midwest
1310 Plainfield Rd. Ste 2 | Darien, IL 60561
Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


How an Expert Can Help You Understand Inflation & Mortgage Rates

(Published on - 10/1/2022 6:25:05 PM)

How an Expert Can Help You Understand Inflation & Mortgage Rates

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

Inflation and the Housing Market

This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home.

While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations about a recession. It also played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week. As Bankrate says:

“. . . the Fed has raised rates again, announcing yet another three-quarter-point hike on September 21 . . . The hikes are designed to cool an economy that has been on fire. . .”

While their actions don’t directly dictate what happens with mortgage rates, their decisions have contributed to the intentional cooldown in the housing market. A recent article from Fortune explains:

“As the Federal Reserve moved into inflation-fighting mode, financial markets quickly put upward pressure on mortgage rates. Those elevated mortgage rates . . . coupled with sky-high home prices, threw cold water onto the housing boom.”

The Impact on Rising Mortgage Rates

Over the past few months, mortgage rates have fluctuated in light of growing economic pressures. Most recently, the average 30-year fixed mortgage rate according to Freddie Mac ticked above 6% for the first time in well over a decade (see graph below):

How an Expert Can Help You Understand Inflation & Mortgage Rates | Keeping Current Matters

The mortgage rate increases this year are the big reason buyer demand has pulled back in recent months. Basically, as rates (and home prices) rose, so did the cost of buying a home. That pushed on affordability and priced some buyers out of the market, so home sales slowed and the inventory of homes for sale grew as a result.

Where Experts Say Rates and Inflation Will Go from Here

Moving forward, both of these factors will continue to impact the housing market. A recent article from CNET puts the relationship between inflation and mortgage rates in simple terms:

“As a general rule, when inflation is low, mortgage rates tend to be lower. When inflation is high, rates tend to be higher.”

Sam Khater, Chief Economist at Freddie Mac, has this to say about where rates may go from here:

“Mortgage rates remained volatile due to the tug of war between inflationary pressures and a clear slowdown in economic growth. The high uncertainty surrounding inflation and other factors will likely cause rates to remain variable, . . .”

While there’s no way to say with certainty where mortgage rates will go from here, there is something you can do to stay informed, and that’s connect with a trusted real estate advisor. They keep their pulse on what’s happening today and help you understand what the experts are projecting. They can provide you with the best advice possible.

Bottom Line

Rising inflation and higher mortgage rates have had a clear impact on housing. For expert insights on the latest trends in the housing market and what they mean for you, lean on a trusted real estate professional.

Source: Keeping Current matters

Realty Executives Midwest
1310 Plainfield Rd. Ste 2 | Darien, IL 60561
Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


Will My House Still Sell in Today's Market?

(Published on - 9/26/2022 4:45:32 PM)

Will My House Still Sell in Today’s Market?

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Buyer Demand Then and Now

During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):

Will My House Still Sell in Today’s Market? | Keeping Current Matters

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today’s demand stands, let’s look at the July data for the past six years (see graph below):

Will My House Still Sell in Today’s Market? | Keeping Current Matters

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.

What That Means for You When You Sell

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.

While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market valuethe demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.

Bottom Line

Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, lean on a trusted real estate professional to understand how the market has shifted and how to plan accordingly for your sale.


Source: Keeping Current Matters

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housin

(Published on - 9/17/2022 5:46:01 PM)

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.

Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be just what you need to re-enter the market.

1. The Return of Contingencies

Over the last two years, more buyers were willing to skip important steps in the homebuying process, like the appraisal or inspection, to try to win a bidding war. But now, fewer people are waiving the inspection and appraisal.

The latest data from the National Association of Realtors (NAR) shows the percentage of buyers waiving their home inspection and appraisal is declining. And a recent survey from realtor.com confirms more sellers are accepting offers that include these conditions today. According to their August study:

  • 95% of sellers reported buyers requested a home inspection
  • 67% of sellers negotiated with buyers on repairs as a result of the inspection findings

This goes to show buyers are more able to include these conditions in their offers today and negotiate as needed based on the outcome of the inspection.

2. Sellers Are More Willing To Help with Closing Costs

Generally, closing costs range between 2% and 5% of the purchase price for the home. Before the pandemic, it was a common negotiation tactic for sellers to cover some of the buyer’s closing costs to sweeten the deal. This didn’t happen as much during the peak buyer frenzy over the past two years.

Today, as the market shifts and demand slows, data from realtor.com suggests this is making a comeback. A recent article shows 32% of sellers paid some or all of their buyer’s closing costs. This may be a negotiation tool you’ll see as you go to purchase a home. Just keep in mind, limits on closing cost credits are set by your lender and can vary by state and loan type. Work closely with your loan advisor to understand how much a seller can contribute to closing costs in your area.

Bottom Line

Regardless of the extremely competitive housing market of the past several years, today’s data suggests negotiations are starting to come back on the table. This is good news if you’re planning to enter the housing market. To find out how the market is shifting in your area, connect with your local real estate advisor today.

Source: Keeping Current Matters

Realty Executives Midwest
1310 Plainfield Rd. Ste 2 | Darien, IL 60561
Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


PREPPING LAWNS & OUTDOOR SPACES FOR FALL

(Published on - 9/10/2022 7:40:45 PM)

The summer months are coming to a close, meaning fall is soon upon us. Some may be disappointed over the end of fun in the sun, while others celebrate cooler temperatures and seasonal delights such as Halloween and pumpkin spice lattes. No matter your stance, your lawn and outdoor spaces need some maintenance. Here are some tasks to check off to prep the outdoors for fall.

Skip raking and mow over leaves this fall for a healthier lawn - InForum |  Fargo, Moorhead and West Fargo news, weather and sports

Mow Until Your Grass Stops Growing

Don’t put your mower in the shed yet. Continue regular mowing until your grass stops growing past its standard height. Once it has stopped growing, perform a maintenance check before putting your mower away.

Maintenance can depend on your mower, so consult your manual. However, you might need to consider sharpening your blades, changing plugs, and changing the air filter. If you have an electric mower, you might not need to do as much maintenance, but check your manual for instructions. You will want your mower in good working order when it’s time to use it!

Aerate and Fertilize

If you don’t know what aeration is, it involves removing soil plugs from your yard to let air and water access grassroots. During the summer, the soil compacts, causing the grass to be thin or brown. When you aerate, you let valuable nutrients return to the grass where it belongs. We recommend using machinery designed for aeration or calling a professional.

Additionally, we recommend that you fertilize your lawn. During the winter, your grass might not get the proper nutrition it needs. Purchasing fertilizer high in nitrogen and applying it after you aerate can help your lawn last.

Seed Your Lawn

Summer could have killed your grass, so seeding your lawn during fall is smart. With seeding, it would be best if you overseeded your yard to fill in any bare or thin spots. Overseeding works well for fall because the ground is warm and the nights are cool.

Look for seeds resistant to droughts or other challenges that could come during the fall. In addition, you might want to rent a power seeder to get the seeds on the lawn properly. One route you can take is contacting a professional who can take care of the seeding and other lawn maintenance.

Keep Watering

While fall brings forth less evaporation and your lawn will require less watering, you will still need to do so. Give your yard an inch weekly and run any sprinklers you have until the freezing temperatures hit. If you have irrigation systems, flush them so your pipes do not freeze.

Prepare for Leaf Removal

You love the fall because playing in the leaves reminds you of great times in childhood. However, as an adult, you’ll soon realize the trouble that comes if you don’t remove leaves as quickly as possible. Leaves can trap moisture and prevent your grass from getting sunlight. As you probably have guessed, both are disadvantageous to a lawn and could possibly damage it.

Rake leaves as soon as possible or use a leaf blower. The sooner you can rake all leaves and remove them from your lawn, the better. With that said, there is an alternative to removal that you might want to consider.

Try Mulching Your Leaves

One thing you might want to do with your leaves is to mulch. Mulching leaves involves mowing or shredding them into many pieces. When you mulch, you turn your leaves into compost, which significantly benefits your lawn. It can be less hassle than raking them, particularly if you have a more expansive yard or physical issues. Consider mulching to save time and energy.

Clean Your Gutters

While looking at your lawn, look to your gutters nearby. Gutters can become clogged with leaves and other debris that could have gathered during the summertime. If left unattended, the gutters may overflow, or the debris could rot inside.

Therefore, cleaning your gutters should be a regular occurrence with your other lawn maintenance activities.

Don’t Forget Pest Control

One mistake you may make approaching the fall is assuming that the pests will disappear due to the cooler weather. While you’re not going to encounter as many mosquitoes and flies, many pests that live in the ground will damage your lawn. Grubs, ticks, and chinch bugs are three examples of this. Of course, the pests you’ll experience will depend on where you live. Do your research, treat your lawn accordingly, or contact a pest control company.

Put Away Lawn Furniture

If you have outdoor furniture or other lawn essentials, you will need to take steps to prevent damage from the elements.  For smaller pieces that don’t do well in cold or wet weather, start moving it into storage. For larger items, consider waterproof furniture covers.

Get the Decorations Out

Where did you stash your holiday décor? As fall approaches, it is a great time to bring out your Halloween and fall decorations.  If you need updated décor, look for early bird discounts for fall decorations, particularly at hobby stores. This tip isn’t a requirement, but what better way to get in the fall spirit than decorating?

It’s All About Timing

While you don’t need to complete all these tasks in a time crunch, be mindful of timing when checking maintenance items off your list. For example, if you wait too long in the season, it becomes too cold for fertilizer to work. On the other hand, if you aerate too early, you can develop weeds.

The answer to the right time to do something can depend on where you live. In general, you should start doing everything in this article once summer temperatures begin cooling down. However, you may want to consult your local lawn care professionals to determine the right time for your location. 

In Conclusion

Fall is a fantastic time of year, but it does require you to do some maintenance for your home to survive what lies ahead. Plan a list of chores you need to do, and then get on them. If you don’t have the time or desire to tackle it on your own, there are always professionals available to help get your lawn and outdoor spaces into tip-top shape for fall.

Source: Realty Executives

Realty Executives Midwest
1310 Plainfield Rd. Ste 2 | Darien, IL 60561
Office: 630-969-8880
E-Mail: experts@realtyexecutives.com


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