Renting vs Buying

September 21, 2022/in Housing /by Cara Chatellier

Owning property is often considered one of the great landmarks of success and maturity. This mindset makes sense- it is no small feat to purchase a home! Though it should most certainly be something to strive for, buying a home before you are mentally and financially ready can be disastrous. You don’t want to purchase outside of your means, nor settle for a home you aren’t passionate about simply because you want one. There are many questions you should ask yourself before you begin the home-buying process, and an understanding of the current housing market in your area is vital. If you are reckoning with the pros and cons of buying vs renting, consider these factors before making the leap.

LOCATION, LOCATION, LOCATION

Are you comfortable in your current location? Is this spot somewhere you can see yourself in 5 years? 10 years? Reflecting on your location is key to deciding whether you should buy or rent in your current area. If you are unsure whether you want to stay put or take up space in another locale within the next 5 years or less, buying may not be right for you at this stage. Often we hear that renting is about pouring money into something that doesn’t belong to us, but in turn for the rent, you can live in an amazing space for a limited amount of time. In contrast, if you feel as though you want to stay where you are for the long run, it may be best to start the buying process so that you can invest in a property that belongs to you for years to come.

PURCHASING POWER IS KEY

Before you can make a sound decision on whether or not purchasing a house works for your lifestyle, you need to gauge your overall purchasing power. You can find calculators online that will give you a sense of how much you can afford. There are various factors that play into your purchasing power including credit score, savings amount, down payment, debt to income ratio, and payment history. Major debts such as past mortgages, credit cards, and car loans need to be factored into this decision. When determining your pre-approval amount, a loan processor will look at these factors to decide whether or not you are financially sound enough to purchase a home and how much you will be able to borrow. If you don’t meet all of the criteria or are on the lower end of the spectrum when it comes to purchasing power versus your wish list, renting may be the best option until you are able to bring all aspects to pristine health. During your rental period, focusing on cleaning up your credit and saving money diligently for your down payment are key aspects of growing your purchasing power.

THE FUTURE IS NOW

If you’ve decided that the home purchase route is the right one for you, consider what the future may hold. Reflect on questions such as:

Will I be married or have roommates now or in the future?
Do I plan to grow my family?
Do I want pets?
Do I plan to host holiday gatherings, events, or guests at my home often?
Do I want to build on or renovate a home or do I prefer a move-in-ready type?
What floor plan layout works best for my plans now and in the future?

Although you plan to purchase now, or in the near future, you must contemplate the wants and needs that may arise in the future. This way, your home will fit your changing lifestyle as you and your family grow and change. If you are uncertain of your future plans, renting would be the best option as you can oftentimes choose between a long-term or short-term lease agreement. Similarly, you may decide the timing is right for you but the market is not. Be sure to have a concrete understanding of the housing market before you make an investment that may not be as successful as you had planned.

When deciding whether renting or buying a home is the right option for you, there are many different factors to reflect upon before jumping in headfirst. Consider factors such as your financial buying power, your debt-to-income ratio, your savings and purchase plan, and your future personal goals. Understanding the full picture will allow you to make the best choice for you now. Still not sure what the best option is for you? Contact me today, I would love to help walk you through the process to determine the best route for you.

Fall Market Forecast

August 24, 2022/in Housing /by Cara Chatellier

Between the interest rates and low inventory, it has been a very strong housing market in the Northeast recently! But what can we expect as we enter the fall? Areas like New York City and Boston are experiencing a housing shortage with the high demand for homes since the pandemic, but not enough land to strengthen the inventory. Many people are interested in buying in the Northshore of Massachusetts due to our access to Boston, as well as the state’s access to healthcare, technology, and great education. Luckily, the economy has been going well and many experts are not anticipating a recession or housing market crash in the near future. Let’s look into what this means for both buyers and sellers in late 2022.

For Buyers

Things are looking up for home buyers as we enter the fall of 2022. Though the pandemic has brought on strong competition and high interest rates, we are now experiencing a healthier market overall. With fewer bidding wars and appraisal waivers, and an increase in home inspections, homebuyers are no longer taking the risks that were common in 2020 and 2021. Perhaps the best tip I have for buyers in this current market is to make sure you can see yourself staying in the home for a while. You will still be paying a lot for the property, so ensure that you will be able to build equity and make the home a strong investment. Ask yourself if you can picture living there for the next five years before you commit. Is it in a good location? Can you improve upon it? Do you enjoy being in the space? If you are comfortable with these things, you are most likely making a very good investment!

Navigating a seller’s market can feel overwhelming, but it’s possible to score the home you love, within your budget, when you want it. You have to be mindful of some top tips that can assist you in your home buying process. My advice for buyers falls within simple guidelines: prepare your wants and needs ahead of time, determine what you are okay to settle on, figure out your budget and work with a realtor who understands your ideal area. As a first-time homebuyer, or even a seasoned purchaser in the real estate market, knowing when the right time to buy is quite simple: buy when you’re ready. Focus less on the changes in the market and more on when is a good time for you, your family, and your finances.

For Sellers

Though things are looking up for buyers, you can still expect to sell a house fairly easily in this market. If you are pricing your home correctly, you should expect strong offers coming in! I recently read that the median home price in Beverly this summer has been around 600 thousand dollars, which is incredibly high. Even if you are not seeing bidding wars and high over-asking offers on your home, all it takes is one strong offer to make a sale! Be sure that you are putting your best foot forward to ensure the best offer. If you want to increase your chances of selling your home quickly and profitably, preparation is key. Before you decide on listing your home and posting the “For Sale” sign on your front lawn, consider these tips for how to maximize exposure and increase buyer interest. Once this is done, meet with your realtor to be certain that you are pricing your home correctly and competitively for the current market!

Bottom Line

The best time to buy or sell a house is going to depend on the best time for you! Although these tips are based on research and my personal experience as a realtor, we don’t know what interest rates will be next year, and we don’t know how inflation is going to impact this market. It is impossible to predict the housing market’s future with 100% accuracy, so it’s most important to base your decisions on your own financial state and needs.

Whether you are looking to buy or sell, getting in contact with a professional is a great first step. Please reach out with any questions you may have on the housing market, I’m happy to answer them to the best of my ability.

How to Gain and Use Home Equity

August 23, 2022/in Education, Housing, Loans & Mortgage /by Cara Chatellier

The North Shore real estate market is still incredibly hot! The high values of homes in this current seller’s market mean that those who already own them have probably seen a large increase in equity due to high appraisal values. Working with an experienced Realtor who is knowledgeable about the market is critical- here is how to gain and get the most out of your home equity.

How to Build Home Equity

The first way to build home equity is through a down payment on a house. The larger a down payment you spend on a house, the more equity you will immediately possess. Your equity continues to grow as you make mortgage payments, so be sure to pay them on time. If you have the means to pay more than the minimum monthly mortgage payment, you will build equity faster.

Home equity grows with the value of your home, so staying in the same place for multiple years will likely increase the chances of your home’s value going up. Though it isn’t possible to predict the housing market with complete certainty, home values always trend upwards over time. Another way to increase the value of a house you own is with home improvements. Obviously, improvements that increase square footage will bring more value to your home, but so do smaller projects like finishing a basement or adding a walkway. Be sure to research what home improvements will add value to your home, and consider using money borrowed against your home equity to fund such projects. If money borrowed on home equity is used for capital improvements, the interest is tax-deductible.

How to Borrow Against your Home Equity

Home equity is considered an asset and a part of your net worth, but it is not a liquid asset. To use your home equity to leverage more funds, you will have to look into the different ways to borrow against it.

Home Equity Loan

A home equity loan, also referred to as a second mortgage, is a lump sum borrowed against your home equity, separate from your original mortgage. Unlike business or student loans, you can use a home equity loan for a large variety of purposes. They also have lower interest rates than credit cards due to the fact that your home is being used as collateral in the transaction. Taking a lump sum is a good option for those who are prone to overspending, as you cannot impulsively take out more than the agreed-upon amount.

Home-Equity Lines of Credit

Home-equity lines of credit, or HELOCs, are a common way of borrowing against your home equity. HELOCs are growing increasingly popular with homeowners who are not interested in refinancing their homes due to current high interest rates. They work similarly to credit cards in the sense that the homeowner can borrow up to a certain amount of money and pay off the balance. This method of borrowing is considered better than lines of credit or personal loans, as they are far cheaper. HELOCs offer a revolving line of credit that allows you to borrow as much or as little as you like, making them different from the lump sum received in a home equity loan.

How to Use Funds Borrowed Against Home Equity

Borrowing against your home equity can help you pay off debts at lower rates. Many people choose to use home-equity lines of credit for large debts, higher education, or another property! Perhaps the most common use of a HELOC is for funding home improvements or additions. Using money borrowed against your home equity to improve or add to the home is a great idea, both for your own personal use of the space and for increased home value if you are looking to sell in the future. If you are looking to use your current home equity to help you invest in another property, contact me today to get started!

The State of the Massachusetts Housing Market

May 11, 2022/in Housing /by Cara Chatellier

I’m getting a lot of questions about what’s going on with the market. And it’s a great question, with no one specific answer! The drastic increase in home prices we saw last year has had a great many impacts on the process of buying and selling, including the frequency of bidding wars and the amount of cash offers over the asking price. Though the high demand and low inventory remain heavily in play, the Massachusetts housing market is not expected to be as intense as last year’s.

For Buyers:

If you’re a buyer, it’s important to note that interest rates are inching up, and they will probably continue to inch up this year. The average 30-year fixed mortgage rate is now at 5.11%—the highest level since 2010. So what you could have afforded last fall or last summer is likely going to be different than what you can afford now. This means it is important to check in with your lender, get an updated preapproval, and know what you can afford. On a more positive note for buyers, the increase in interest rates has led to a decrease in homebuyer competition for the first time in six months. This will probably, in some cases, lower the amount of multiple offers and over asking bids we’ve been seeing.

According to Redfin, “The drop in homebuyer competition is one sign that the housing market is starting to slow down. Mortgage applications, home tours, and online housing searches are also declining, and more sellers are lowering their asking prices after putting their homes up for sale.”

Home Inspections:

Another trend I am seeing, which is good for you buyers, is an uptick in home inspections. I had a property in Salem a few weeks ago which got four offers; three of which had home inspections. Many people chose to waive home inspections in 2021 in order to get an upper hand in buying property, due to the immense competition they were facing from their fellow buyers. Getting a home inspection can protect a buyer not only from costly repairs, but from potentially major structural or safety issues hidden within a property. It is reassuring to see more home inspections being performed, as they can significantly benefit a prospective buyer. You can read more about the benefits of home inspections here.

For Sellers:

If you are looking to sell, it is important to note that pricing is still very competitive. Though the large imbalance of supply versus demand is starting to improve, we still have a shortage of housing up here on the North Shore. If a house is being priced appropriately relative to the market, sellers are continuing to get plenty of appropriate offers, many of them over asking. But, just like I said for buyers, that trend may be coming to a slowdown as interest rates tick up. If you’ve been on the fence, this may be the year to strongly consider selling your home while the market is still strongly in your favor.

Massachusetts Housing Market- In Summary

Although these tips are based on research and my personal experience as a realtor, we don’t know what interest rates will be next year, and we don’t know how inflation is going to impact this market. It is impossible to predict the housing market’s future with 100% accuracy, so it’s most important to base your decisions on your own financial state and needs.

How to Design a Beautiful Guest Bedroom in Your Home

December 10, 2021/in Housing, Organization /by Cara Chatellier

One of the best things about owning your own home is sharing it with the people you love most. From family and friends to neighbors and guests, creating a place that you consider your sanctuary to host in is a beautiful thing.

Are you one who loves to have guests over? Or maybe you’re just in the perfect location for your house to be unofficially deemed the home of the holidays. Whether you consider yourself the hostess with the mostest or like to keep it more low-key while guests visit, having an intentionally curated space in your home for guests is essential, any time of year.

No matter how you decide to decorate your spare or guest, bedroom make sure that it’s clean, comfortable, and uncluttered. The space should exude warmth for a welcoming vibe while being a place of relaxation to lay your head after a long day of travel and connection.

Here are my top tips for designing a beautiful guest bedroom.

1. Pick a theme.

Often, people believe that a guest room is a free-for-all space when it comes to shedding some design inspiration. Although this is true, to some extent, the theme of your guest space should match the aesthetic of the rest of your home. It should be a complimentary room to the main living spaces and not stick out like a sore thumb. A mismatch can cause it to feel too isolated or unwelcoming.

Picking a theme is a great idea, but make sure it aligns with your full home’s design goals. Great options for themed guest rooms include natural, farmhouse, modern, hotel-chic. Whatever theme you decide on, make sure that each piece of furniture and accessories works within your theme effortlessly.

2. Keep it cozy.

Coziness is the name of the game when it comes to designing a guest room. For your guests, whether they’re traveling from across the country or across the city, a guest room acts as an oasis space, allowing them to relax and unwind in comfort.

Include cozy items like oversized pillows, plush blankets, and soft throw rugs. Consider going a step further by adding deluxe bathrobes and extra large towels. If possible, make the thermostat in the guest room a separate entity from the rest of your home so that your guests can choose their most comfortable setting. Finally, don’t forget staple comfort items such as books, a television, or ample lighting.

3. Take advantage of natural accents in the room.

Many New England homes are filled with old-world charm. From natural hardwood floors to vintage fireplaces, there is a lot of beauty to be found in natural home elements. If your guest room is graced with a piece of history, don’t be afraid to show it off. Place your furnishings around the accent pieces to showcase them. Decorate mantels and shine hardwood floors. Add an oversized pillow to a bay window bench seat to instantly transform it into a reading nook. All of these small elements make the room feel personalized and worldly.

4. Keep the clutter out.

Don’t ever treat your guest room like a storage closet. Do your best to keep clutter out at all costs, even in the guest closet. Consider this an active living space and use it as a study or relaxation room when guests are not visiting. This will allow you to recognize it as a living space instead of a storage bin. Before guests arrive, clean up any clutter throughout the area to ensure they walk into a freshly cleaned room.

5. Don’t skimp on furniture.

Don’t leave your guest room feeling extra sparse if you have the extra space. Lack of furniture can lead to a lack of feeling cozy and comfortable. Instead, consider adding intentional elements in the space, like a desk, small dresser, and corner reading chair to make it functional without feeling cluttered.

6. Update for each season.

When decorating for the season throughout your home, don’t forget the guest room. Decorate with fresh flowers in a vase in spring. Brighten up the space with light linens in the summer. Add a bit of fall warmth in the autumn. Bring in all that’s merry and bright in the winter months. A fun way to tie the guest room into the other rooms of your house is to include it with each seasonal change. Your guests will feel inspired and at home there with a few extra seasonal decor pieces.

7. Consider your guest list.

Your guest room is only as good as the guests who stay in it. If it’s not suited for your type of people, then it’s not going to feel comfortable for them. Know what they like, what makes them happy and comfortable, and opt to include those elements in the space. Whether it’s extra pillows, weighted blankets, or more natural light, make it a space that’s welcoming to the people you care most about while also functioning as a happy place for you too.

8. Don’t forget to stock it with essentials.

Traveling is hard enough. Most of the time, guests forget something. Whether it’s a toothbrush, body soap, or their favorite hair dryer, stocking up on the essentials just in case helps alleviate any added stress on their plate. If you have a guest bathroom, fill it with travel-sized items that they can quickly grab during their stay with you. Think of hotel front desk offerings and go from there. Make sure the room is well-stocked with towels, blankets, pillows, a change of sheets, and maybe even a welcome basket. Guests appreciate you taking care of the small stuff.

Designing a guest room shouldn’t feel like an added chore on your laundry list of to-dos for your home. Instead, make it a fun experience by choosing a design you love, finding items that make it feel extra cozy, and turning it into a home away from home for both you and your guests. Do you love the idea of a guest room, but haven’t found your dream home yet? Let us help! Contact us today to get started on your journey to homeownership- guest room included.

5 Common New England Home Styles to Know

July 23, 2021/1 Comment/in Community, Housing /by Cara Chatellier

If you’ve traveled around the United States at any point in your lifetime, you’ve probably come to realize how different real estate is throughout the 50 states. From home prices and sizes to location, amenities and planned communities versus small-town neighborhoods, the home styles vary greatly depending on what state you decide to visit on any given day. Whether you’re a native New Englander or are considering moving to the area soon, there is a lot to know about the overall style in this area of the country.

When it comes to buying a home your must-have list may include things like location, home size, bedroom requirements and price range, but often, home style is a forgotten selection. In New England, home styles vary from one neighborhood to the next, but there are a handful of traditional homes that you will always find in this area. You may have found yourself driving through an area of town where you loved the home style, but did not know what the formal name for it was. We are here to help you understand the different styles you may see when you explore your next home purchase in New England.

Explore the top 5 New England home styles to know today.

1.Ranch

This one-level home first made its appearance in the 1920s as an economical way to house your family in a suburban-developed area. From then, until about the 1970s, ranch-style homes were one of the most popular home options throughout the country. Post World War II, their ease of build, flexibility in design and low cost were a perfect match for families throughout the United States suburbs. Ranch-style homes are one of the main reasons many families moved from the cities into the suburbs, growing the suburban area greatly post-war. Ranch-style homes are simple in design appearance, boasting clean lines and a simple color palette, without many intricate design elements. Many of these homes utilize an L-shaped floor plan on a single story. They also, often, include an attached one or two-car garage. Other features include a patio with sliding door, a covered front porch and a pitched roof. Most floor plans do not exceed 2,000 square feet of living space.

2. Split Level

An upgraded modification to the standard ranch-style home, the split level gained traction in the late 1950s. Similar in features to the ranch, a split level includes all of the same elements as a ranch, but adds in extra room and features for a larger overall floor plan. In addition to the added space, there is an upper and lower level, divided at the entry. This splits the home into three separate spaces: a basement, an open upper level that includes the kitchen and living area and a sleeping quarter that includes all of the bedrooms down a specific hallway. Often, the basements on split-level homes are finished to add more living space to the home.

3. Cape Cod

Cape Cod homes, or capes for short, have been around since England’s colonization in America. Gaining traction again in the early 1930s, many original capes, built in the 1600s, were remodeled to fit the living space and requirements for the era. Some of the most popular features found in cape homes include wood or brick siding, a one-and-a-half-story design, wide shutters, a gabled roof, a single chimney and a centered front door. From the front door, there is a hallway that extends from the front to the back of the home and opens to each room throughout the house.

4. Colonial

The most popular two-story design, the colonial is a staple home throughout the country. Boasting either two or three stories, these homes typically feature 3 to 5 bedrooms and are ideal for larger families or those looking for more space. The first floor is the living area, including a den, a kitchen and, at least, a half bath. The second story houses all of the bedrooms while the third can include an additional bedroom or attic area. Other features include one to two brick chimneys, a front entryway, a high pitched roof, crown molding and other more intricate design features.

5. Victorian

Gaining popularity in the early 1900s due to new manufacturing techniques, the Victorian is a staple American home. Although older in age, these expansive homes feature elaborate and unique design features like turrets, specialized shingle shapes, multiple gabled roofs, bay windows and non-symmetrical floor plans. Often, they can be found in more eye-catching colors that vary throughout the interior and exterior. They are sometimes referred to as “gingerbread houses,” because of their intricate design elements.

New England includes homes of all eras and design backgrounds, but many pinnacle American homes can be found in the heart of this area. The New England states are filled with vast history of the United States and that can be seen in the home designs that still pop up on the market. If you are in the market for a new home or hoping to decide on your ideal home design this year, I can help. Let’s connect and discuss what your home goals are and tackle your plan together.

My Top 5 Kitchen Redesign Ideas

April 21, 2021/in Community, Housing, Organization /by Cara Chatellier

It has long been said that the kitchen is the heart of the home. It’s a place where you eat, drink, share conversations and make memories together as a family. It is a place where friends and family come to gather for special occasions and holidays. It is a place where you try out new recipes and indulge in a big glass of wine after a long day. The kitchen is one of the most important (and most used) spaces in your home.

Whether you’re looking for a change, ready for an upgrade, or preparing your home for sale, redesigning your kitchen is always a good option. From big changes like new cabinets and countertops to smaller, more subtle, but equally beautiful options like a refreshed backsplash or new hardware, kitchen makeovers can be a wonderful way to increase equity in your home while also boosting the aesthetics of your space.

Here are my top 5 ways to refresh your kitchen this season.

1. Replace or refinish kitchen cabinets.

The majority of your kitchen space is showcased by your walls of cabinetry which can be a beautiful focal point of the room. If you have never replaced or refinished your cabinets, now may be the perfect time to dive headfirst into this home improvement idea. If your current kitchen has darker wood cabinets and you’d love to make the space light and airy, consider updating them to a white finish. This clean look brightens up a room and instantly makes it feel larger. Another big factor when it comes to cabinetry is overall layout. Are you happy with the way your kitchen layout works now? If not, consider replacing the entirety of your upper cabinets to a layout that you find easier for your specific needs.

Some other cabinet refresh ideas include:

Adding a wine rack into or under your cabinets.
Replacing the hardware on your existing cabinets to give it a fresh look.
Sanding down your existing cabinets and refinishing them with a different stain to give it a weathered or worn look. Think farmhouse style.
Adding under cabinet lighting.
Complimenting your current cabinets with a fresh new backsplash that matches your kitchen design.

2. Upgrade your appliances.

Nothing says fresh and clean like brand-new appliances. The things that make us happy as adults sure can seem funny sometimes, right? But, in all seriousness, new appliances instantly upgrade your kitchen space. If you’ve had the same white or black appliances forever, consider moving on to stainless steel. This is especially important if you’re in the market to sell your home. New and fresh appliances increase the value of your kitchen space exponentially. Another thing to consider when replacing your appliances is refrigerator size and layout. Do you like the double doors or the double doors with the drawer fridge at the bottom? How about the extra large fridge with a peek-a-boo glass door? There are so many options so go out there and explore new appliances to touch, see and feel which options work best for you. This may also be a great time to update your range from electric to gas, or vice versa. It will take a bit of extra legwork when it comes to needing an electrician to replace the lines, but choose what makes you happiest cooking at your stovetop.

3. Add a kitchen island for extra seating and prep space.

Have you always yearned for island vibes? The kitchen kind, that is. Updating your kitchen may include space for a new island or a refreshed version of the one you currently have. Islands are great spots to add extra seating and eating space while allowing more countertop space for more elbow room while prepping and cooking your meals. If you have the space available to you in your kitchen, give a kitchen island the green light. Match the countertop to the rest of your kitchen’s countertops and consider adding things like a wine fridge, a small prep sink and more storage space in the form of cabinets and drawers. Make sure to include outlets on both sides of your island, allowing it to be used as a functional eat and work space.

4. Add a focal wall.

No matter the room, focal walls are always a “yes” from me. Adding personalized touches to your space is essential to turning a house into a home.

A kitchen focal wall can include things like:

A pop of color that accents your current wall color
A colorful wallpaper that compliments your existing style
Floating shelves to house your best dishes
A photo collage of all things food
A coffee bar and mug rack
A wine rack
Kitchen decor

5. Don’t forget the lighting.

Lighting is everything. It can set the mood and tone for an entire room. Lighting is especially important in rooms that are highly trafficked within your home. Replace outdated light fixtures with fresh new options to create a fresh ambiance in your space. Recessed lighting is another great choice for kitchens as it allows the room to be evenly lit throughout the space. Consider opting for dimmable lighting so you can set the mood based on the company you are having. Other great lighting options include under cabinet lighting and motion activated baseboard lighting.

When it comes to kitchen redesigns, no project, big or small, will feel lost. Kitchen updates are a valuable way to upgrade the heart of your home for years to come. If you’re in the market to list your home, but unsure what upgrades your kitchen needs, let me help. I would love to walk you through the design process for an overall better, and more profitable selling experience.

Spring Cleaning Tips to Declutter Your Space and Mind

April 21, 2021/2 Comments/in Housing, Organization /by Cara Chatellier

Spring is in full swing which brings about a sense of change, renewal, and anticipation for a season of warmth, togetherness, and sunshine. Spring leaves the winter season behind allowing us to pack up our snow gear and dreary decor replacing it with bright, happy, and welcoming designs in our home. There is just something so refreshing about annual spring cleaning that resets our minds and our homes for the better. Allow decluttering to set the tone for the whole season this year.

Here are some of my favorite spring cleaning tips to rid yourself of the clutter and ease into spring.

Plan it out

Every successful event begins with proper planning. The same is true when it comes to the upkeep of your home. Before you begin spring cleaning, which may feel like an overwhelming and mundane task, create a checklist for yourself. Consider organizing your list by room and make note of the things you need to clean, update and get rid of. As you go, your list may change slightly based on what you decide to tackle. To stay extra organized add dates you plan to take care of each space on the list. If you live with others make it a group effort and assign tasks based on abilities and specific needs. The more organized you are, the easier the tasks will become. Plus, there is just something so rewarding about checking tasks off of your list as you complete them.

Don’t forget the windows and walls

During our normal cleaning time we are quick to mop the kitchen or vacuum the upstairs rugs, but what about cleaning the walls and windows? These simple tasks are often forgotten amongst the list of necessary tasks on our weekly checklists. Spring cleaning is the perfect time to tackle these tasks. When creating your checklist by room include wall and window cleanings as well. Don’t forget the baseboards, trim, and window sills. When cleaning the windows ensure you are spraying down both the interior and exterior glass and panels and deep cleaning the screens. When cleaning the walls make sure to use a cleaner and cloth that won’t affect your wall paint, wallpaper, or any particular wall decor. Window and wall cleanings should be done, at least, every few months so it’s a perfect seasonal chore to check off on your list.

Pay special attention to rooms that need some extra love

When’s the last time you deep cleaned your laundry room? Or even your washer and dryer for that matter? Spring cleaning requires an unconventional approach to your to-do list. This season focus your efforts on rooms that haven’t been cleaned from the ceiling to the floor.

Some must-clean areas include:

Laundry room
Pantry
Mudroom
Porch or patio area
Garage
Bonus room
Guest bedroom and bath
Basement
Outdoor workspace or shed
Storage room

Replace the staple pieces

Now is the perfect time to go out with the old and in with the new. Replace things like shower curtains, entryway mats, outdoor mats, tablecloths, placemats, bathroom towels and bathroom rugs. These items are typically in high-traffic areas and wear down more quickly than other must-have items in your home. Aside from the cleaning aspect of, well, spring cleaning, it’s also a nice time to create a fully refreshed look in your space.

Here are some of my favorite ways to refresh spaces in your home:

Change out darker and heavier curtains for light and airy.
Opt for floral or pastel-colored throws in your living room in place of heavy winter blanket options.
Add vases of fresh, in-season flowers to focal tables throughout your home.
Replace any winter-themed decorative items for one that match the season.
Swap out winter photos with some of your favorite memories from springtime past.

Reorganize your junk drawer

Yes, even the junk drawer can have junk in it that you no longer need. Almost everyone has that one drawer or space in their house where they keep random junk (think: pens, notebooks, batteries, hand sanitizer, tape, flashlights) that is easily accessible when needed. Take time each season to dump out the junk in your drawer and toss items you no longer need. Make sure the pens still work and the batteries are within their use-by date. Consider adding a drawer organizer in your drawer to keep the space more organized year around. You may be surprised by how much you toss out.

Spring cleaning is a wonderful and fulfilling opportunity to refresh our living space. Take time to create a curated list of must-dos this season and begin with top priority items. Once you start checking off your list you will be filled with a sense of accomplishment and pride in your work. The bonus? Your space will feel and tidy, ready to take on all the events of the current season.

Buying a Home in a Seller’s Market

March 8, 2021/2 Comments/in Housing /by Cara Chatellier

2020 was a year of a lot of big and unpredictable changes. The same sentiment holds true when looking at the real estate market through all of last year. We experienced some extreme changes, from hitting unseen lows to forecasting at decade record highs, homes on the market experienced varying fluctuations. As with most of 2020, this year will continue on the trend of being a strong seller’s market. With home demand being a lot higher than home availability, sellers will continue to maintain vast control over the market, but that doesn’t mean it’s not a great time to buy the home of your dreams.

As a first-time homebuyer, or even a seasoned purchaser in the real estate market, knowing when the right time to buy is quite simple. But when you’re ready. Focus less on the changes in the market and more on when is a good time for you, your family, and your finances.

Navigating a seller’s market can feel overwhelming, but it’s possible to score the home you love, in your budget, when you want it. You have to be mindful of some top tips that can assist you in your home buying process. My advice for buyers in 2021 (or any seller’s market) falls within simple guidelines: prepare your wants and needs ahead of time, determine what you are okay to settle on, figure out your budget and work with a realtor who understands your ideal area.

Here are some other helpful tips to score big in a seller’s market.

Avoid tunnel vision and expand your location options

When homes are in high demand, it may be harder to find a home that checks off all your wants and needs in your desired location. Expand your search to towns and cities that lie just outside your preferred area. This will expand your overall options list when it comes to available homes. Home prices are soaring in highly desirable neighborhoods, so you may not find something within your budget if your ideal location is in a hot location. If you opt for locations that are a little less in demand you will get more square footage for your money. There are many great neighborhoods in lesser-known towns that boast amazing shops, schools, and amenities, so, think outside the box.

Focus on the bigger picture, don’t get caught up in the details

If your list of wants and needs is expansive, clean it up a bit. Avoid getting discouraged over a house that doesn’t check off every single box on your list. Instead, zero in on the most important features. You want to make sure the bones, or structure, of the home, is in sound shape with all major features in working order. Things like layout, size, number of bedrooms or bathrooms, and location should be at the top of your list, while things like granite counters, appliances, or landscaping should be toward the bottom. Getting too caught up in getting everything you want can cause you to pass on a lot of suitable homes in your budget. Have an open mind when you begin searching and remember that your home inspection will give you a clear picture of the most important pieces of your potential new home.

Be unique and personal in your offer

Sellers look at more than just offering prices when thumbing through offers on their property. Be personal with your offer and share a piece of you in it. Consider writing up a short buyer love letter where you tell the seller why you’d love to buy their home. Include a little bit about who you are, your family, and your own personal story. These have been known to win the sale, even with higher offers in competition. Another thing to consider is what would make the seller most happy. Maybe that includes a short (or extended) closing, a waiver on an appraisal, or, even, a short rent back period to allow the seller to find themselves a new home in due time.

Avoid offers that are lower than the asking price

In a seller’s market, offering lower than the asking price almost always sets you up for a loss. This tactic is a waste of time for both you, your realtor, and your sellers, especially if they are receiving multiple offers or homes within the community are selling within hours to days of listing. Instead, try offering just above the asking price at a figure that is comfortable for your budget. This shows the seller that you are committed and genuinely interested in their home.

Waive the contingency

Often, mortgages come with buyer contingencies built-in. In most cases, the contingency allows the buyer to back out of the agreement if they do not receive approval from their lender. This is a great protection as a buyer but can cause anxiety for a seller. Waiving the contingency lets the seller know that you are confident in your purchase and have no plans of backing out due to financial concerns or otherwise. This option adds extra security for the seller but should be used at your discretion with the guidance of your lender and real estate agent.

Buy in all cash if you can

If you’ve been saving to buy your dream home or have extra cash from the sale of your last home, now is the time to purchase a new home in cash. These offers feel the most secure to sellers as they know you do not have to climb through hoops to ensure pre and post-approval. Without the risk of a non-funded mortgage, you can generally close faster and provide funding more easily, which is a big deal for sellers. Cash offers also put the power back in the buyer’s hands, allowing a bit more wiggle room for negotiations.

We understand that purchasing in a seller’s market requires you to act fast and make decisions rather quickly. Although you cannot stroll through listings at a leisurely pace, you should still choose a home that you love and not choose to settle just because you feel you can’t score a home due to the current state of the market. Make informed decisions and take the time you need to choose a home that works best for you and your family. If you’re a current buyer or on the fence about purchasing a home this year, let’s chat, I would love to help you navigate the process and find a home you love for years to come.

Trending Garage Door Styles for 2021

February 12, 2021/in Housing /by Cara Chatellier

The often forgotten aspect of your home is the place where you store your belongings and park your car. It provides convenience and accessibility to your home, but what about style? Often, we don’t think of the look of a garage door as a hit or miss on our must-haves list when searching for a new home, but think about how much of that garage door, especially if situated at the front of the house, makes up the overall exterior aesthetic. Garage doors take up a lot of space, especially if your garage houses 2, 3, or more cars. Having a garage door that compliments the exterior of your home is essential in creating the overall look you want for your home. Think of it as a style extension of your interior designs.

If you are looking to change your current garage door to add a pop of style or just want a refresh, here are some of my favorite style trends for 2021. Try an option based on what speaks to your own personal style.

Pops of Color

Nothing welcomes you into a space quite like a pop of contrasting color against a neutral slate. For the longest, garage door colors were limited to muted neutrals, stark white or the occasional black and gray doors. Thankfully, that trend has long passed and colors have become all the rage. Color options, like deep blues or dark reds, can add character to your home while elevating it’s curb appeal. Use caution when choosing to go with a bright color. You want to make sure it matches the overall aesthetic of your home and doesn’t feel out of place. To tone the color option down a bit, consider adding a neutral border to the door to make it feel more contained. The color you opt for should be a reflection of your own personal style and something that can bring happiness through every season.

Clean Lines

If you’re into the modern look, clean lines are the way to go. Whether your home is already modern from the inside out or more of a timeless blank slate on the outside, you can easily kick up your modern vibe by adding in a garage door design with clean lines. You may also consider using an industrial-style garage door to really exude modern love. This look isn’t great for all homes but can work really well on homes that are already ultra-modern, such as those with dark shiplap, square-cut stone, or wood siding.

Natural

Earthy and natural options never go out of style. If you’re looking to add some natural elements to your home in a statement way, choosing a natural wood garage door can do that. Choose solid wood doors for more of a rustic flare or go with synthetic options if you are aiming to stay more modern. There are a plethora of stains and design options to choose from, so go with the vibe you hope to achieve in your home. Accent your new wood garage door with matte black handles or sconces on either side.

Timeless Country Style

There is something to be said about country style. Although considered a timeless option, it really seems to be making an impact in today’s design market. Mixing a pull of nostalgia with a clean and cozy charm, timeless country style garage doors could be the happy medium you need in your life. Choose carriage style doors or white barn door styles for the country cottage look of your dreams. This style is the perfect mix of cozy, clean and minimal.

Asymmetrical

Asymmetric garage door styles are the perfect compliment to mid-century modern homes. You may have noticed that mid-century modern homes are growing in popularity, but don’t seem to have a good garage door style to match their aesthetic. Enter asymmetric style. Pairing garage door windows on one half and a standard design brings about the perfect semblance of balance needed to match the home design.

If you’re looking for a little home refresh as we move into the warmer months ahead, changing up your garage door style may be the option for you. Whether you opt for a bold color palette or a timeless country style, the change in itself will bring about a renewed sense of style to your home for years to come. If you’re in search of a home with a stylish garage door now on your must-have lists contact us. We would love to help you score the home of your dreams, stunning garage door included.