Loan limits will likely go up to $625K in 2022, but FHFA hasn’t announced it yet. Still, higher home values have convinced some lenders to boost loan limits now.WASHINGTON –
Five Timely Home Design Trends for 2021 ☘ Hoey Team ☘ exp Realty 🌴 Southwest Florida 🌴
Dated: December 19 2020
The stress of 2020 is causing an overhaul in home design.
For example, open floor plans are now being considered too open as households seek privacy for work and school while everyone is at home.
Real estate and design experts recently shared with realtor.com® some of the biggest home design trends likely in the new year, including:
Open floor plans are getting divided up. Homeowners are looking to create nooks or pockets for Zoom calls, lounging, exercising, and e-learning, design experts say. “New buyers are asking for homes with more separation, as sometimes multigenerational families share a home and need space and privacy amongst themselves,” Yorgos Tsibiridis, a broker at Douglas Elliman in the Hamptons, told realtor.com®.
Homeowners are craving nature in the pandemic and are bringing in more houseplants and indoor gardens. “During the pandemic when it was difficult for some to get their daily dose of nature, people started bringing the outdoors in with natural materials in their home,” Julie Busby, founder of the Busby Group at Compass in Chicago, told realtor.com®.
Wood-grain elements in the kitchen.
Wood-grain kitchen cabinets and counters are trending, offering a touch of organic and natural materials. Bill Darcy, CEO of the National Kitchen & Bath Association, told realtor.com® this may be another sign of tying home design elements to nature. Instead of all-white kitchens or painted cabinets, more homeowners are adding in wood-grain cabinets and wood countertops on to their kitchen islands, designers say.
Fireplaces, fire pits, patios and decks, screened-in porches, and outdoor kitchens have all gained popularity during the pandemic. The outdoor kitchen is particularly trending, as homeowners add outdoor refrigerators and dining areas in their backyards or create a more elaborate space that includes a fully equipped kitchen outside with a stovetop and appliances.
Bathrooms get smarter.
Smart home innovations are increasingly entering the bathroom.
“Touchless appliances, including motion sensors for lighting, and smart temperature control for bathroom floors will be more popular in the next year,” Darcy predicted to realtor.com®.
Here in Southwest Florida 🌴 especially as people continue to move / relocate to the area from other parts of the US, inventory remains low overall, but we do continue to list and sell homes; both Single family, and Condo type. We have also seen an uptake in people planning ahead, and buying that second home now, rather than waitiang as they were planning to do. Low interest rates are probably helping with this additionally. Low inventory is the greatest chalenge for buyers. For those relocating to Florida, we are pleased to be able to assist homeowners in other parts of the United States who need to sell to buy here; please reach out today for more information and how you can have a smooth, non-stressful transition / relocation.
At our Real Estate Team; Hoey Team ☘ we have been succesfully working 100% virtually / remotely for the past number of years as we continue to grow; i'm glad we already had systems in place to better help sellers and buyer with goal posts continually moving in our industry.
Article content from our NAR (National Association of REALTORS) Newsletter Magazine, and from other sources including Hoey Team ☘ exp Realty and others
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