NHA A REAL ESTATE NEWSLETTER MARCH 31, 2023
WHAT IS GOING ON IN THE MARKET An update of the real estate market
HOMEKEEPR Moving Made Simple
DESIGN YOUR KITCHEN Choose Your Kitchen Colors With Confidence
E-CREDIT ADVISOR Get Mortgage Ready
HOME DESIGN Outdoor Design Trends for 2023
CLOSING GIFTS Chose Your Closing Gift
HOUSING UPDATE
Regardless of how single women enter homeownership, they are finding a way and Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership So Important to Women? The rise in women pursuing homeownership hasn’t just made an impact on the housing market. It’s also been an asset for those buyers and their households. That’s because homeownership has many benefits, both financial and personal.
doing so at a significant pace. They are to be celebrated. A recent report from the National Association of Realtors (NAR) shares the top reasons single women are buying a home right now (see chart below):
On the financial side, housing proves to be the key to building wealth for single women. Ksenia Potapov, Economist at First American, says: “For single women, housing has always made up a large share of total assets. Over the last 30 years, the average single woman’s wealth has increased 88% on an inflation-adjusted basis, from just over $142,000 in 1989 to $267,000 in 2019, and housing has remained the single largest component of their wealth.” Source: NAR
The financial security and independence homeownership provides can be life changing, too. And when you factor in the personal motivations behind buying a home, that impact becomes even clearer.
The bottom line is homeownership can be life changing no matter who you are.
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Our moving concierge will help you transfer utilities and set-up home media services at your new home. We compare multiple packages from numerous providers in your service area and offer available discounts.
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Design Your Dream Kitchen Design your dream kitchen with our easy-touse kitchen visualizer. Everybody wants something different from their kitchen, which is why our online interactive design tool allows you to pick various color combinations before you work with a designer– all available to view online. Whether you’re a new homeowner buying your first kitchen on a budget or you’re splashing out on the family kitchen of your dreams, all the inspiration you need is online. Plus, our design tool allows you to save your choices and share them with friends and family! DESIGN YOUR KITCHEN HERE
IMPROVED CREDIT SCORES SAVE MONEY!
When your credit score goes up your interest rates can go down making it easier to afford a home, a car, and to pay down credit balances!
CLICK HERE TO LEARN MORE! NOMADIC
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Create Backyard
Bliss this Spring
Unfussy landscaping, climate-responsible yards, and wellness elements rank highly among homeowners and designers this year. 1. Organic-style landscaping. The opposite of previous years’ clean lines and rigidity, homeowners and designers agree that loose and organic landscaping not only creates a natural haven but is also low maintenance, such as cottage gardens. Full and lush plantings, garden benches, and flowers and blooming plants are highly requested. 2. Climate-friendly lawns. As homeowners aim to lower their environmental impact, 24% more clients opted for artificial turf over sod grass compared with last year, and 13% more requested to remove the lawn altogether. 3. Day-to-night entertaining. Amenities that transition outdoor spaces from day to night are highly sought after for 2023. Over 60% request outdoor lighting and 56% request firepits. Compared with last year, there was a 65% increase in pizza ovens, 68% increase in large outdoor dining tables for eight-plus seats and a 69% increase in outdoor bars.
4. Yard to Table. Since 2020, requests for edible gardens and raised beds have increased each year with 30% of clients requesting raised beds, and a 43% increase in greenhouses since 2022. Staying on theme with organic styles, gardening is another connection to naturalism as homeowners are willing to get their hands dirty.
5. A sanctuary for wellness Cedar tubs, cold plunges, yoga platforms, and outdoor showers are growing wants. Year over year, there was a 45% increase in requests for saunas.
GET A FREE VIDEO DOORBELL Know someone who is interested in buying or selling a home? Give us a Referral and get a FREE Gift! Choose from a FREE Video Doorbell OR our Benjamin Moore Paint Design Board.
BENJAMIN MOORE PAINT DESIGN BOARD Using your cell phone, take and upload your picture then tell us your color preferences, take our style quiz, or ask our Designers for their recommendations Our Designers will create 3-5 initial designs based on your color preferences, then work with you online to create more designs until you find the one you love.
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