{"id":6327,"date":"2011-02-25T16:33:57","date_gmt":"2011-02-25T21:33:57","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6327"},"modified":"2024-12-30T11:23:58","modified_gmt":"2024-12-30T16:23:58","slug":"week-in-review-what-we-liked-from-the-week-that-was-16","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-16\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"

As Mercedes Benz Fashion Week recently wrapped up in New York, conversation has swirled around the latest style trends. So what are the housing market\u2019s fringes and feathers<\/a>?\u00a0 With consumers nationwide downsizing their digs, craving more amenities and aiming to be closer to cities, townhouses<\/a> are now the new black, while McMansions are \u201cso last season.\u201d<\/p>\n

In numbers news, a decline in 30-year mortgage rates<\/a> to 4.750{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} last week sent applications<\/a> up 13.2{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c}.\u00a0 A \u201cbright spot\u201d indeed<\/a>, but borrowing rates are expected to reach 6{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} in the near future.<\/p>\n

One of the scariest outcomes of the foreclosure crisis<\/a> is its effect on those homeowners who are on top of their mortgages.\u00a0 Being surrounded by foreclosed homes in their neighborhoods dramatically reduces \u00a0the value of their own homes, creating a vicious cycle.\u00a0 With the average period of default for a homeowner facing foreclosure at 17 months,<\/a> the lag continues to create near-vacant neighborhoods despite the fact that The Great Recession has ended.<\/p>\n

Speaking of foreclosures, the sales of distressed properties<\/a> resulted in a 2.7{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} <\/a>increase in used home sales last month.\u00a0 In January, 32{0a8e414e4f0423ce9f97e7209435b0fa449e6cffaf599cce0c556757c159a30c} of sales were all-cash transactions, nearly double that of a year ago.<\/p>\n

Do you have some wood that you don\u2019t know what to do with?\u00a0 Put it to good use!\u00a0 Get inspired by these homebuilt sheds<\/a>, which homeowners nationwide have handmade into woodshops, gardening sheds and even steamy saunas.<\/a><\/p>\n

\n
\n
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Vancouver <\/dd>\n<\/dl>\n<\/div>\n

In lifestyle news, Vancouver took the top spot in the Economist Intelligence Unit\u2019s<\/a> ranking of the world\u2019s most livable cities.<\/a> The firm takes \u201cstability, health care, culture and environment, education, and infrastructure\u201d into account when ranking the list.\u00a0 Pittsburgh<\/a> was the highest-ranked U.S. city on the list.<\/p>\n

As you begin to offer advice on staging a home to sell in the wake of spring buying season, The Wall Street Journal <\/a><\/em>has provided a list of things that should be considered mandatory to create an appealing, luscious, luxurious bath escape (think bottles and bowls, oils and soaps, chairs and brushes).\u00a0 From one room to another, creating the right atmosphere in the kitchen is just as essential.\u00a0 Bestselling author Nigella Lawson<\/a> considers this room the \u201cheart of the home\u201d which should be comfortable and conjure up \u201cwarmth and welcome, safety and security.\u201d What advice do you give to your staging homesellers or nesting new homebuyers?<\/p>\n

And finally, are you watching the 83rd<\/sup> Academy Awards this week?\u00a0 As someone who is very fond of social media, I found The Social Network a riveting story.\u00a0 Speaking of which, be sure to check in with the Oscar Website<\/a> during the show.\u00a0 The site promises this year will be the \u201cmost interactive awards show ever.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

As Mercedes Benz Fashion Week recently wrapped up in New York, conversation has swirled around the latest style trends. So what are the housing market\u2019s fringes and feathers?\u00a0 With consumers nationwide downsizing their digs, craving more amenities and aiming to be closer to cities, townhouses are now the new black, while McMansions are \u201cso last […]<\/p>\n","protected":false},"author":181,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[851,11761,12631,14041,15341,19511,19561,19951,26351,26591,27761,28941,29311,30581,31891,42921,42991,43051,43751,45061],"class_list":["post-6327","post","type-post","status-publish","format-standard","hentry","category-commentary","tag-academy-awards","tag-distressed-properties","tag-economist-intelligence-unit","tag-facebook","tag-foreclosure","tag-homeowners","tag-homes","tag-housing-market","tag-mcmansions","tag-mercedes-benz","tag-mortgage-rates","tag-new-york","tag-nigella-lawson","tag-oscars","tag-pittsburgh","tag-the-great-recession","tag-the-social-network","tag-the-wall-street-journal","tag-townhouse","tag-vancouver"],"yoast_head":"\nWeek in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-16\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week in Review: What We Liked From the Week That Was - Better Homes and Gardens Real Estate Be Better Blog\" \/>\n<meta property=\"og:description\" content=\"As Mercedes Benz Fashion Week recently wrapped up in New York, conversation has swirled around the latest style trends. 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