Paint 2013!

 

By now most consumers have heard the fantastic news about the increase in real estate values throughout our neighborhood, city, state and country!  By the time this article prints, I expect a little bit of easing as well, due to one major economic factor: energy.

What are the economic factors driving the increase in real estate?  Several things have come into play in 2013: fewer homes for sale (inventory), Oil and Gas, interest rate, population growth, and job growth.  Based on data according to Greater Houston Partnership (Regional Economic Overview by Jankowski slide show available on http://www.texdotrealtors.com/market-conditions.asp).

What does this mean for our homeowners?  More money for their houses first and foremost!  The underlying reality is if you needed to sell in 2009 or 2010 you may have found yourself in a position where you could not get what you wanted for your house.  But with the increase in demand, now could be your opportunity to sell.

In older subdivisions, many have renovated over the years, but keeping a house up to date can be difficult and expensive.   Paint is one of the easiest things to change and can be a more reasonable expense.

In the past, the motto for painting was “anything goes”.  Now, it is best to keep wall, trim, doors, cabinets and flooring colors neutral:  tan, taupe, brown, etc.  In addition to using these neutral colors, it is popular to keep just one color scheme for the entire home.  So for instance, after picking a neutral color such as Kilim Beige for the family room wall, choose a similar shade for the rest of the home to keep it flowing in color.  Great choices include:  Divine White, Nomadic Desert, Latte, Hopsack, Steady Brown or Coconut Husk.  If you need help choosing a color ask Sherwin William and they will be happy to tell you the most popular color sold.

The neutral colors really allow your accent to pop!  Buy a vase, pillows, or curtains in your favorite color:  blue, orange, purple or green.  Have fun with accessories!

As a final reminder anything you do to your house today, you get to enjoy!