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Pending Home Sales up for Fifth Consecutive Month

RISMEDIA, August 5, 2009-Pending home sales are up for the fifth consecutive month, the first time in six years for such a streak, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in June, rose 3.6% to 94.6 from an upwardly revised reading of 91.3 in May, and is 6.7% above June 2008 when it was 88.7. The last time there were five consecutive monthly gains was in July 2003.



Read more: http://rismedia.com/2009-08-04/pending-home-sales-up-for-fifth-consecutive-month/#ixzz0NKBFyVIR

2009: The Year of the Kitchen and Bath

Good taste is timeless. But what was tasteful in 1985 may not be timeless today. Especially if you’re trying to sell your apartment or home—or live in it!

With more than 37 years of experience, Dave Burcher and Michael Markoe of In House Kitchen Bath Home in the NY Design Center at 200 Lexington Avenue have seen trends come and go… and have helped create a few, themselves.

Here’s what they see as the hottest ways to add value to your home… and how to avoid the trends that will make your place look dated in just a few short years.

What’s the lifespan of a kitchen or bath style?

Every 10-12 years there’s a reinvention. For example, even though white is timeless, some whites, like appliances look very 80’s right now. On the other hand, a soft white Caesarstone countertop is very now and will look stylish for many more years, but an entirely all white laminate countertop isn’t—and won’t.

What are the two most important trends in kitchens and baths today?

- Lighting! Lighting in the kitchen and bathroom is as important as in every other room, from ceiling lighting to task lighting to access lighting to faucet lighting. Yes, there are LED faucets that let you light what you’re washing or chopping!

- High Tech and Electronics are very big: integrated screens for television: behind mirrors and glass doors; integrated speakers for audio built into walls and bathroom tiles; remote controls for Toto toilet (yes, the Toto is very hot!) and rain showers and of course, remote computerized controls so that you can start your oven from your office!

What’s in and what’s out in New York kitchens?

- White Appliances are out (though they will be back!!)

-Stainless steel appliances are still in-it's the new white.

-White cabinetry in a combination of gloss and wood is in. Glossy white thermofoil or hard white laminate cabinets are out.

- Color is in.. in the kitchen! Soft colors: greens, greys, blues provide an environmental feel, and a sense of nature inside. There’s a resurgence of grey, but this time, it's a soft grey, with texture, not the gloss grey and black hard edge laminate disco look of the 80’s.

- Severe modern kitchens may still be right for some people, but what’s in, especially in New York, is an incorporation of modern and traditional, putting together grand chandeliers for example, with stainless steel. It’s now being used in various ways in kitchens. We’ve got some great photographs.

-The use of vertical space, which allows for slimmer cabinets is very in! This is New York after all!
What’s in and what’s out in New York bathrooms?

-Bathrooms are incorporating a spa like feel with spa like elements: Japanese soaking tubs, rain showers. Built in aromatherapy and chromatherapy. Built in steam and insta-mist, which produces steam in 60 seconds… not minutes! These are the bathrooms that provide the all over best return on investment—and the most fun and comfort now!

-Uniquely shaped sinks...Triangle and wave are very New York. Glass vessels and bowls and glass counter tops are still among the major trends.

-Towel warmers! Timeless!

-Upward opening swing door medicine cabinet with hydraulic hinges and full width seamless mirror.

-Stainless steel in the bathroom: stainless steel sink, stainless toilet and stainless steel touches in and around the shower… yes, stainless steel may soon replace white as the bathroom color of choice in New York.

In House Kitchen Bath Home was founded in July of 2007 by Michael Markoe and Dave Burcher with the singular purpose of creating New York’s premier showroom for the kitchen, bath, and home.

RISMedia welcomes your questions and comments. Send your e-mail to:
realestatemagazinefeedback@rismedia.com.

RISMEDIA, July 28, 2009

Suffolks First Saturdays

Be part of a new tradition every First Saturday from 3pm – 6pm in Downtown Suffolk, the Suffolk First Saturdays Events is a celebration of Downtown Suffolk’s growing Arts and Cultural Community. Artists and performers will be on the sidewalks and in the shops of your favorite stores and restaurants along the cross roads of Main and Washington St.  

Come see all the skills and talents on showcase every First Saturday at your local art galleries, retail businesses, gift shops, boutiques and restaurants. Upcoming Suffolk First Saturday Themes: August 1-Dog Days of Summer,  September 5-Last Summer Blast/Back to School,  October 3-Halloween, November 7-Harvest Fest, December 5-Winter Holidays in Downtown.

Tast of Suffolk

This sounds like fun. Hope to see you there...

The 3rd Annual Taste of Suffolk Downtown Street Festival will take place Saturday, September 12, 2009 from 10:00 a.m. – 4:00 p.m.  This is a free, family-friendly event complete with live entertainment, a classic car show, a gospel exhibition, vendors, crafters, children's activities, fest food and more. This year’s festival will blend the best in Suffolk eateries and shoppes.  Restaurants from all over Suffolk are being invited to bring their establishment’s specialty so that guests at the event can sample just a taste of what Suffolk has to offer.  Complete with merchandise and commercial vendors, this event will entice many different tastes and encourage commerce and tourism in Suffolk.

Virginia "Best State for Business"

CNBC has named Virginia its “Best State for Business” this year. This best-in-the-nation ranking was based on a wide range of factors, from workforce quality to broadband infrastructure.  Virginia received CNBC’s top ranking in 2007 and was ranked second in 2008. This is the fourth time in the last month that Virginia has received national acclaim as a top place to do business.

According to CNBC, Virginia has the 7th best economy nationally in 2009, up from 17th in 2008. The business channel also cited Virginia’s reasonable sales, personal income and corporate tax rates as key contributors to Virginia’s ranking as America’s Best State for Business, 2009.  Since January 2008, Virginia has attracted $6.58 billion in investment and created 30,856 new jobs.

Contact Information

Photo of Barnum, Laurens & Associates Real Estate
Barnum, Laurens & Associates
Rose & Womble Realty
4190 S. Plaza Trail
Virginia Beach VA 23452
800-878-5392 Toll Free
757-464-1003