Thursday, February 15, 2018

Home Decor Trendwatch 2018

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images courtesy Houzz, from left to right Interiors by Odette Design Group Sea Pointe Construction Suzi Appel Photography Carl Mattison Design




Welcome back TEAM-PRZADA Clients & Friends to our Annual Home Décor Trend Watch!  2018 is now in-full swing, and so are the décor trends.  Here at TEAM-PRZADA, we tend to skew more towards moderation in all things, especially trends, but it is nice to know what they are. YOU can decide whether or not you wish to let this year’s trends be inspiration or to fully embrace those new ideas and replicate them in your abode.  Whichever manner you wish to proceed, TEAM-PRZADA considers it a privilege to keep you up to date on all things real estate…trends, décor, real estate stats, homeowner questions, you name it...call us! 
We surveyed a variety of sources and found from HouseBeautiful to Pinterest  to Elle Décor to HouzzThe Wall Street Journal, to Deringhall Décor, 2018’s buzz words create a feeling of home, coziness and warmth.  When researching for this article, a few adjectives popped up over and over..comfortable, rich, textured, lived-in, bold, warm, layered, curved and natural. Let’s take a look at the trends, grouped by category. For more information and visual examples of 2018’s Home Décor Trends, be sure to click on the links above!
Kitchens- Gone are the days of the all-white kitchens with lots of stainless steel.  What’s next to take center stage? Color, think gray/blue, navy and 2018’s Pantone Color of the Year…Ultra-Violet, these colors appear in cabinetry and accents.  Warmer wood is also on trend, and shows up in cabinetry, flooring, and even countertops.  Also big for countertops, are details and practicality, such as dedicated chopping blocks, baking stations, even antibacterial finishes from K-Life.  2018 also ushers in the rise of the open-floorplan-yet-defined-kitchen, meaning, the home's floorplan is open and flows from one area to the other, but the kitchen area remains defined structural elements such as columns or a half-wall. More kitchen trends up for 2018, gorgeous fish-scale patterned backsplash, and using the ubiquitous subway tile, but in a larger format to give it an unexpected punch.  Darker countertops, quartz rather than granite, trough and bucket sinks round out this updated liveable kitchen feel. 
Bathrooms- Lush, Luxury, Lived-In...aesthetic seems to be more important than ever in today's master bathrooms and guest bathrooms. Designers are using wallpaper-like tile, rich colors, concrete accents, high contrast marble, just to name a few.  
Take a walk through a new builder's model homes and you are likely to see many of these trends on display. One trend we come across is the wallpaper-like tile. Think of tile with a textured finish, it's subtle, but makes a powerful statement.
Woven textures and natural elements can make for high-impact bathroom accents.  You can create a spa-like feel is by opting for a frameless-glass insert for your tub/shower combo rather than a shower curtain. Dark hues for walls, can add drama and depth.  Pair those dark hues with the right lighting and you have a perfect space- drama AND good lighting= bliss! 
Finishes, Fixtures & Color- Finishes in the kitchens and bathrooms are trending toward mixed metals.  Designers are talking matte black for fixtures and well-worn brass. According to Elle Decor, Pinterest users searched and pinned “mixed metals" 423% more than last year!  Talk about a sky-rocketing trend.  You can see this trend beautifully on display at Plano's newest Granite Park Boardwalk addition, Union Bear Brewery. Vintage Lighting is the crowning jewel in home design.  Many of these fixtures serve as art.  Pros are seeing a trend in copper. Warm, dark, moody hues are setting the tone for that comfortable, lived-in vibe.  Check out Pantone's Color of the Year 2018! 
DECEMBER 2017 STATS-
RATES 4.00% TO 4.25% 30 yr. loan, good credit DATA 1/26/18
ALLENHomes‐
172 DOM‐ 66, Inventory‐ 1.4
CARROLLTON/FBHomes‐
183 DOM‐ 40, Inventory‐ 1.0
CELINAHomes‐
165, DOM‐ 100, Inventory‐ 4.1
NORTH DALLASHomes‐
277, DOM‐ 85, Inventory‐ 3.2
FAIRVIEW/LUCASHomes‐
72, DOM‐ 60, Inventory‐ 2.2
FRISCOHomes‐
742, DOM‐72, Inventory‐ 2.1
GARLANDHomes‐
253, DOM‐36, Inventory‐ 1.3
McKINNEYHomes‐
680, DOM‐67, Inventory‐ 2.7
MURPHY/PARKERHomes‐
50, DOM‐ 66, Inventory‐ 1.6
PARK CITIESHomes‐
274, DOM‐103, Inventory‐ 3.4
PLANOHomes‐
511, DOM‐43, Inventory‐1.6
PROSPERHomes‐
337, DOM‐93, Inventory‐ 4.1
RICHARDSONHomes‐
138, DOM‐29, Inventory‐ 1.2
SEDENTONCO/LEWISVILLEHomes‐
614, DOM‐41, Inventory‐1.6
THE COLONYHomes‐
56, DOM‐35, Inventory‐ 1.1
WYLIEHomes‐
165, DOM‐59, Inventory‐1.4
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Housing"CENTS" housingcents.com
images courtesy Houzz
from left to right

Thursday, February 1, 2018

Need a Vendor?

Just today y'all, this happened!  I grabbed the front door knob to open the door and the knob came right off in my hand.  Now I know I am a strong urban-mama, but we are not talking "hulk-strength" by any stretch of the imagination.  After an attempt or two at trying to screw it back on myself, it was time, and clear, that it needed to be replaced.  So my first stop was the web, no, not for yelp or google, but TEAM-PRZADA!  That's right, www.teamprzada.com features a Vendor List.  Bet you dollars to donuts that what you are looking for is already on the list!  From home repair to remodel, to personal trainers to veterinarians, check out our list...Just another way TEAM-PRZADA can serve you in all of your real estate AND home owner needs!

 Vendor List

Tuesday, December 5, 2017

Have You Seen This???

Pavilion at the Toyota Music Factory Opens...

Toyota's Music Factory looks like such an interesting and refreshing concept. Phase 1 includes a flexible concert venue which accommodates a range of crowd options, from smaller, more intimate shows, to a larger indoor/outdoor venue. New idea...you can purchase refreshments at the bar located inside the music hall, therefore, you don't have to miss the performance.  Phase 2 includes Alamo Draft House, a super-cool and trendy movie house, and a plethora of FAB restaurant and bar options.  It looks like The City of Irving bet big and will possibly score big with this multi-use entertainment complex.





I think I have just added Toyota's Music Factory to my "must try list!" Now, where is that concert calendar? For more information on music and entertainment or restaurants & bars, check out Toyota's Music Factory website.

Trust TEAM-PRZADA to keep you "in the know" with all the great real estate, lifestyle, entertainment and dining happenings in North Texas!

Thursday, November 30, 2017

The State of The North Texas Real Estate Market



Clients and Friends,

This month the market is apparently slowing in the DFW northern suburbs. In tracking this trend, we looked at changes from September to October and noted that in Plano and McKinney the DOM, Days on the Market, were up substantially over a month’s period. Frisco's DOM were up only slightly, while in Allen, we noted a slight decrease. Looking at the months of inventory, the range is from 2.5 to 3.5, with Plano being the lowest and McKinney the highest. Frisco and McKinney have the highest number of new homes.  That can more than likely accounts for their higher inventory numbers. Prices continue to go up month to month, but the rate of increase has definitely slowed. As the inventory has gone up, the DOM has gone up, as well, and it is taking longer to sell a given home. Of course, with the advent of the Holiday season, this certainly plays a part, but affordability is also a part of the “equation slowdown”. In the spring, I recall standing in line behind as many as eight other Realtors waiting to see a house in the $250K- $350K price range. That is no longer happening. Take Plano as an example, our daily monitoring of the market shows as many price reductions as new homes coming on the market.  That certainly says something about the market slowdown.

Looking at the overall Allen, Frisco, McKinney, Plano year over year results, we focus on a few key indicators:

  •        We find Allen's DOM as of October 2017 vs. the same month in 2016 shows a 6.4% increase.
  •        Frisco’s data during the same time frame shows a 16% increase in DOM.
  •         McKinney data shows a 27% increase 2017 vs a 2016 in DOM
  •        Plano shows a 12% increase in this same time frame.
All of these data points indicate that it takes longer to sell a home in 2017, statistically, than it did in 2016. All of the targeted suburbs have increased inventory versus last year at the same time. These stats show increases from 13% to 50%. The increase in inventories certainly plays a part in the changing market dynamics. We believe the housing affordability will play an even greater part in the market as we enter 2018. For more expert analysis on our local North Texas Real Estate Market, call me!  I love to crunch numbers.

Have a wonderful Holiday Season and we look forward to speaking with you soon!

Pat Przada, CRS, ABR, CNHS, CNE, SRES
Nancie Przada, GRI, ABR, CNHS, SRES
TEAM-PRZADA
Licensed Texas Realtors
Keller Williams Realty
972-839-0671
"Housing Cents" @TEAM-PRZADA blogspot.com
A Five Star Professional Realty Team
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Top 50 Plano Realtor as selected by Plano Magazine 2015


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