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Although the cold winter months between Thanksgiving and New Years are traditionally slower for the housing market, it can actually be an ideal time for sellers to stand out among the competition. Here are the key reasons sellers shouldn’t put off listing their properties this winter.
Winter Buyers Are Ready to Purchase
“Buyers who urgently need to find a home due to a change in job, retirement or family situation are usually serious, eager and qualified,” says realtor Mela Veltri Case of Re/Max Right Choice Real Estate in Trumbull, CT. “When a home is staged, it’s even more attractive and typically sells much quicker and for top dollar!” And those who were on the fence during the summer, will usually make an offer in the winter to avoid an increase in mortgage rates in the new year.
Less Inventory Equals More Attention
In general, lower housing inventory in the winter months means less competition for sellers to stand out and attract prospective buyers than when the market is saturated in the spring. Not only will there be an increased likelihood for more showings, also a greater chance of receiving a top dollar offer for your property.
Online Home Searching Has No Seasons
No matter what the temperature is outside, today’s younger buyers typically don’t connect with a real estate agent until after they narrow down their search online. According to a recent NARS report on the digital age, nearly all buyers (93%) used the internet during their home search in 2018. So even though the weather may be changing, serious home buyers won’t stop shopping since they are always on the lookout—checking the latest listings on their mobile devices in their spare time.
Spring Is Just Around the Corner
Even if you don’t find a buyer during the winter months, spring is just a few months away and you will then be ahead of the game in terms of being prepared for when the early spring market kicks off just after the Superbowl. The key is to keep the house staged and decluttered so it looks fresh and show-ready for the flood of buyers who will soon be actively searching.
A great way to add personality and warmth to your spaces is with artwork but sometimes the hanging and arranging can be a challenge. Check out some of our go-to guidelines to simplify the process and help you achieve the right overall balance for a well-designed room. Happy hanging!
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- Artwork arrangement should span approximately 2/3 the width of the furniture it sits above.
- Treat multiple pieces as one.
- Keep height at eye level, roughly 60” from the center of the grouping to the floor which will create balance throughout the home if all the art shares the same visual midline.
- Leave 2-5” between each frame for spacing.
- Use craft paper and low-adhesive tape for figuring out arrangement and nail placement.
Photo Source: Ballard Designs
For even number groupings, keep pictures in the shape of a square with even spacing in between for symmetry.
Photo Source: Pottery Barn
For three in a row, choose vertical images so it doesn’t appear overcrowded.
Perfect for hallways or above sofas.
Photo Source: Pinterest
For an asymmetrical grouping, stagger by varying the height and distance so they create a visually balanced arrangement.
Photo Sources: Pinterest
For a large gallery wall with multiple types of styles, frames and sizes, try hanging larger pieces at the bottom left, small pieces in the upper right and mid-sized pieces in between for a unique look. Or start with the largest piece in the center as a focal point and arrange around it.
We are loving the two hues – indigo and black – that are taking center stage as the “new neutrals” in home decor. These two “it” colors pair well with a range of color palettes, metallic finishes and materials and are being shown in everything from modern kitchens to lighting, hardware, rugs, sofas and more. Check out our picks below for some styling inspiration for adding these colors to your own home.
Rich, serene and bold, indigo blue’s versatility makes it ideal for both contemporary and traditional interiors. When used as a wall color, it can create a cozy and moody vibe and when used as an accent feature, it feels lighter and more playful. Mix and match it with a soft cream sofa for a soothing, coastal feel or create some energy with pops of red, yellow, chartreuse, coral or brown in pillows, art or rugs.
Black is also a great foundation color that adds depth and elegance to any space when paired with crisp white, creams, and gray. It is being shown in every texture and finish, from velvet and leather to natural wood and heavy rug weaves. Try using it for light pendants or hardware in a kitchen or for furniture, wall art and rugs for a dramatic style.
With the busy spring real estate market in full swing, it’s more important than ever for potential buyers to remember a property from the moment they step through the front door. That means thinking beyond furnishings and décor and presenting a lifestyle that they can envision with memorable, engaging accents.
Pops of Bold Hues
For the gorgeous living room shown above, our design team chose versatile navy-blue as the primary accent color which really pops and makes a statement against the soft, neutral backdrop. Since this room is one of the first that guests will notice upon entering the property, the use of an eye-catching color creates a focal point to draw potential buyers into the space. The cozy velvet side chair, accent pillows, artwork and pottery work together to create a sophisticated, unforgettable space.
Once the furnishings and decor are chosen, inviting vignettes arranged in trays and baskets help immediately draw buyers into the space and emotionally connect. In the photos above, we chose a collection of coordinating accents with texture and personality such as plants, flowers, colorful bottles, napkins and wine glasses to both convey a lifestyle and enhance the home’s unique style.
Using hanging art is a great way to add a subtle touch of warmth to help present a home in the most appealing light. We find that using simple imagery with soothing hues or text with a short message works best to add to the room’s style while not detracting from its best features. The canvas “Home Sweet Home” wall art and abstract art for fireplace shown above were the perfect finishing touches in the farmhouse style kitchen we recently staged with soft creams, wired baskets and pine furnishings.
Layering and mixing textures creates depth and visual interest in any space. In the rooms shown above we started with beautiful area rugs that contrast well with the dark hardwood flooring and added a mx of textured accents such as a faux fur throw, pillows in different fabrics, wood, gold and silver metallics, wire, glass and ceramics. The final result is an engaging space that will instantly get noticed by buyers.
Get ready to begin anew with some of the the latest home decor style and color trends for the New Year! Think lush velvets and natural woven fabrics, planters with a mix of botanicals, wallpaper in bold patterns, warm bronze metallics, jewel-toned hues and the industry’s Colors of the Year in coral, blues and grays. We hope our picks below spark your interest and inspire you to introduce some on-trend style that will make a chic statement all year long.
Product Sources: Crate and Barrel, Serena & Lily, Front Gate, West Elm