Chic vs. Geek: Macroeconomics

Real estate economists are reading the tea leaves from the first half of 2021 to predict what the housing market will look like for the rest of the year and into 2022. What are they finding?

CHIC (PEARL)

Based on early returns from 2021, national real estate economists are predicting a surge in supply from new home construction, the winding down of mortgage forbearance due to COVID-19, and a higher level of consumer confidence thanks to widespread vaccinations.

GEEK (KEVIN)

Higher home prices and higher mortgage rates will also create less demand. That means properties will remain on the market longer, leading to less hurried decisions for homebuyers. Meanwhile, rental prices will slowly increase with inflation. (More in Number Talk later this week!)

Chic vs. Geek: Hardening Your Home

Drought conditions combined with summer heat make the upcoming fire season even more threatening for homeowners. How can you prep your home? We’ve got some tips!

CHIC (PEARL)

Things any of us can do:

GEEK (KEVIN)

Things not everybody should do:

Things that should be left to professionals:

Chic vs. Geek: Condos and Townhomes and PUDs – Oh, my!

You might think they’re all the same, but there are some important differences every homebuyer needs to know before getting started. Good thing we’re here!

CHIC (PEARL)

We’ve all seen condos listed as townhomes and vice versa. And then there’s planned unit developments (aka PUDs), which could be advertised as either one, but are more like single family homes. How do you know what you’re getting before you get too far down the road? If you want to know for sure, you have to look at the preliminary title report that sellers provide to buyers in their disclosure.

GEEK (KEVIN)

Okay, so what’s the difference between a PUD and an HOA? Well, PUDs are basically detached single family homes in a subdivision or other master plan community that offers additional amenities. In a PUD, you own the home, lot, and common area, and PUDs offer a more traditional landowner rights structure than HOAs do, given that HOAs impose particular regulations on residents.

Chic vs. Geek: Cats!

We love our new kitten, and we’ve got some tips for making your home more cat friendly.

CHIC (PEARL)

We just opened our home to an adorable four-legged friend. Her name is Bora. And she is perfect. Okay, almost perfect. Anyway, Kevin and I have been planning ways to make our house a safe and fun playground for Bora. We bought a scratch poll and shelves where she can lay out and scope the scene. And we are not “cat people” per se. We’re just animal-loving realtors.

GEEK (KEVIN)

You know I love a good home construction project, so I’m excited to get started on renovations for the Bora Era. I’m already collecting inspiration, which is how I came across this guide to some outside the box cat-friendly lairs – pun absolutely intended! Are you ready to go the extra mile to make your cats feel at home using high design and decor? Go for it and send us your pics!

On the Road: The Sea Ranch

We took a trip about two and a half hours north of San Francisco to the Sea Ranch, a planned community in unincorporated Sonoma County, and one of our favorite spots to poke around. While we were in the area, we connected with a local real estate agent from the Liisberg Company and learned that the Sea Ranch is a popular spot among San Francisco urbanites looking to buy a vacation/rental home.

We were both amazed by the unique and interesting architecture found throughout the Sea Ranch, where some of the world’s most innovative designers crafted homes to blend into their natural surroundings.. Even their fireplaces look cool! You can read more about the Sea Ranch style in this piece from the New York Times, and take a deep dive into the history with the folks at Dwell.

Want to learn more?