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By Joe Szabo, Scottsdale Real Estate Team
Home buyers today face tough challenges—housing prices have soared, a dollar doesn’t go as far as it once did and rent is more expensive than the past. How are people today making such a large purchase in spite of these hurdles? With more flexibility and a bit of creativity when it comes to financing, today’s buyers are finding ways to achieve homeownership.
Make Enough Money
With fewer resources to pull from than their older, wealthier counterparts, renters wanting to be buyers face tough financial headwinds. According to the Zillow Group Consumer Housing Trends Report 2017, renter households typically earn a median income of $37,500 annually, which is $50,000 less than the median household income netted by households who recently bought a home (of whom the median household income is $87,500 annually). While there are ways to enter into homeownership without making $87,500 in household income, it’s hard to afford to buy if you make significantly less. “If you’re making $37,500 per year, it’s probably not feasible for you to buy in almost any market,” says Zillow Chief Economist Dr. Svenja Gudell.
Only 29 percent of Americans do make $87,500 or more, per U.S. Census Bureau, American Community Survey 2016 data. For perspective, only one of the top 10 most common jobs in the United States carries a salary above $37,500, meaning the jobs that the majority of Americans hold—fast food workers, cashiers, retail salespersons, customer service representatives, secretaries, housekeepers among others—bring in less money than the median renter household. While households purchasing homes are more likely to have two incomes than renter households (and thus a higher median household income combined), even two-income households struggle to afford to buy in competitive markets.
Save Up Enough Cash (But Not As Much As You Think)
One of the most daunting parts of homebuying? The down payment. In fact, two-thirds of renters cite saving for a down payment as the biggest hurdle to buying a home, according to the Zillow Housing Aspirations Report. Per findings from the Zillow Group Consumer Housing Trends Report 2017, almost one-third (29 percent) of buyers active in the market express difficulty saving for the down payment.
For people buying the national median home valued at $201,900, with the traditional 20 percent down payment, that’s $40,380 up front—just to move in.
“The down payment remains a hurdle for a lot of people,” says Gudell. “Although, they should know they don’t have to put 20 percent down.” Although putting down less than 20 percent means additional considerations, such as the cost for private mortgage insurance (PMI), some find it worth the hassle. In fact, only one-quarter of buyers (24 percent) put 20 percent down, and just over half of buyers (55 percent) put less than the traditional 20 percent down.
Buyers are also getting creative about piecing together a down payment from multiple sources. According to the report findings, nearly 1 in 4 buyers (24 percent) build a down payment from two or more sources, including saving, gifts, loans, the sale of a previous home, stocks, retirement funds and other resources.
Know Your Deal Breakers, But Be Flexible
In order to get into a home—even if it’s not the home of their dreams—some of today’s buyers are considering homes and locations outside of their initial wish list, and are having to get increasingly flexible when it comes to neighborhood, house condition, and even type of home.
Although single-family homes remain a dream for most home seekers, buyers today consider and buy condos and townhouses—in order to secure a home in their ideal location. Buyers with household incomes under $50,000 are more likely to consider homes outside of the traditional single-family residence (40 percent), compared to those with incomes of $50,000 or above (24 percent). “I do think people get discouraged when they look in their target neighborhood and they see homes around $170,000 when they’re looking for a $110,000 home,” Gudell says.
Affordably-priced homes do, in fact, exist. But in popular areas, where people most often want to live, it’s going to be harder to find that cheaper home, Gudell says. “If you’re willing to take a longer commute and make a couple tradeoffs, you might be able to find a home that is further out that might be cheaper,” Gudell explains. “You have to leave the paved path before you can find cheaper choices.”
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
While homelessness may not be viewed as a looming issue on the horizon for those who are financially stable, or otherwise have secure and stable housing—it’s not as distant as some might think. With rents rising faster than wages, the burden of affording rent is looming larger and larger for many Americans, and in some cases becoming insurmountable.
According to the Zillow Group Report on Consumer Housing Trends 2017, 79 percent of renters who moved in the last 12 months experienced an increase in their monthly rent before moving to a new place. And over half (57 percent) said that hike was a factor in pushing them out the door and into another rental. Only 21 percent of renter households didn’t report experiencing an increase in rent.
Nearly a third (30 percent) of households nationwide, representing roughly 73 million adults, report they’re struggling or just getting by financially. And it’s no wonder; Americans spend on average a median of 29.1 percent of their income on rent, including many who spend a higher percentage but have lower incomes. Increasingly, major metro areas are becoming out of reach for those who aren’t earning more than minimum wage, and this is becoming increasingly true even in markets that have historically been more affordable.
Take Houston, for instance, where the median low-income earner spends 65.1 percent of her income on the median bottom-tier rent. Then there’s notoriously expensive New York, where—along with San Francisco and Los Angeles markets—the median low-income wage will not even cover a low-end apartment. In New York alone, to afford apartments with median bottom-tier rents, renters need to shill out 111.8 percent of the median low-income wage.
With such large percentages of household incomes going towards rent, saving for the future is less of a priority—and possibility. More than half (51 percent) of Americans say they don’t have enough money saved to support themselves for 3 months, according to the Federal Reserve Board’s 2016 Survey of Household Economics and Decisionmaking.
Millions Struggle Just to Afford Stable Housing
According to the Zillow Group Report on Consumer Housing Trends 2017, today’s median household income for renters is $37,500, which equates to about $18 per hour—or 2.5 times the federal minimum wage of $7.25. Nationwide, in 2016, 2.2 million people lived off wages at or below the federal minimum wage, according to the U.S. Bureau of Labor Statistics.
When it comes to renting, there is no state where a 40-hour minimum wage is enough to afford a two-bedroom apartment, according to the National Low Income Housing Coalition.
While renting is becoming increasingly more difficult, buying a home becomes a distant dream.“Honestly, if you’re making $37,500 per year and have no savings, it’s probably not feasible for you to buy in most markets,” Zillow Chief Economist Dr. Svenja Gudell says.
Across all states, the median renter can expect to pay $1,430 per month on rent. It’s no wonder many Americans are struggling financially— particularly in New York, Los Angeles, Washington D.C., and Seattle, where there’s also a stronger relationship between rising rents and an increase in the homeless population.
Homelessness by the Numbers
Coast to coast, there are an estimated 550,000 homeless people, according to the U.S. Department of Urban and Housing Development. But Zillow Research used statistical modeling to estimate the uncounted homeless population, unsheltered homeless people often missed during the One Night Counts, to estimate the true number of homeless people, a number much higher than the official estimates. And as rents climb, the numbers will only grow, especially in large, tight metros, where the rent burden can become life-altering.
Take New York City, for example. The metro has the largest population of homeless people than anywhere else in the nation. Last year, there were an estimated 76,411 people experiencing homelessness, according to Zillow’s estimates. If rents were to rise 5 percent, an additional 2,982 people would be forced to the streets.
And Los Angeles doesn’t fare much better. Given the same rent hike, an additional 1,993 people would fall into homelessness. And a rent hike of 5 percent isn’t implausible, especially given that in L.A., rents rose 4.4 percent over the past year.
The Geography of Social Mobility
Right now, in L.A., renters dish out $2,707 per month for the median rent, which is almost twice the national median rent and amounts to nearly half of the median household income in the metro. With such a substantial chunk of money spent every month on rent, it’s no surprise the metro has an estimated 59,508 people without a home.
But rents haven’t always been so unaffordable. Just 17 years ago, three of the top 20 metros were rent-burdened, meaning renters paid more than 30 percent of their income on living expenses. Today, however, the number of cities that have become unaffordable have grown exponentially.
Currently, renters in 9 of the same top 20 metros can expect to spend 30 percent or more of their income on rent. The biggest share spent on rent comes from Los Angeles, where renters dish out nearly half (49 percent) of income on rent.
“The places where social mobility—the ability to climb the income ladder—is the greatest are now in places that are unaffordable for most people,” said Gudell. “San Jose or the Bay Area in general, parts of Boston, for example—these places have gotten to be so expensive that a lot of people who have an income of $37,500 a year will not be able to buy a home or even afford a family-sized rental.”
The Costs of Housing Instability Go Beyond Financial
Unfortunately, for too many, lack of affordable housing can complicate other critical aspects of life, including health and future livelihoods.
Individuals living in shelters are more than twice as likely to have a disability compared to the general population. This includes serious mental illnesses, conditions related to chronic substance abuse, diabetes, heart disease and HIV/AIDS, according to the U.S. Department of Housing and Urban Development.
Gudell says people have better outcomes when they aren’t constantly moving from place to place. “It’s been shown that you have better outcomes if you live in a stable environment with less frequent moves, which is easier to attain when you own versus renting,” Gudell said. “So, if you take stable environments away from people, their outcomes will most likely be worse than they are today, and that has an impact on education, on health and on income growth in the future.”
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
Today’s housing market is fast-paced and often pricier than it’s been in decades. Both renters and buyers are facing challenges in finding a place to call home. Both sellers and homeowners also face their own set of challenges — tied to the line they walk between seeing their home as a personal extension of themselves as well as one of their biggest financial investments. The Zillow Group Report on Consumer Housing Trends 2017 is a deep dive into understanding all these challenges as well as the deep desires people have around home.
Zillow surveyed over 13,000 people to determine how Americans rent, buy, sell and even think about real estate as part of the report research. Some of our discoveries could be surprising, or perhaps to today’s renters, buyers, sellers and homeowners, the findings ring very true.
Renters
More Americans are renting today than in recent decades — some by choice and some simply due market conditions. Thirty-seven percent of American households are renters — about 43.7 million homes — which is an increase of 6.9 million homes since 2005. While part of the rise in renters is due to the 8 million homes lost to foreclosure during the recession, renters today also prize the maintenance-free and flexible lifestyle renting offers.
Renters skew younger: The typical renter has a median age of 32 years old.
Renters represent a more diverse population. Fifty-five percent are Caucasian/white, an additional 19 percent are African-American/black. Hispanics count for 17 percent of renters, Asian/Pacific Islander renters make up 7 percent of the renter population and another 3 percent identify as another ethnicity.
Nearly half of renters are single, including a third who have never married.
Although the majority of renters are single, 78 percent live with others, most often this is another family member.
The median rent across the U.S. is $1,010 with highest rents in the West and lowest rents in the Midwest.
Renting can be expensive: 79% of renters who moved in the past year had a rent increase.
More than half of renters (57%) had a rent increase impact their decision to move and 37% of renters who aren’t moving say it’s because they can’t afford to.
Buyers
Buying is tough in all markets. For most Americans, it’s the biggest purchase they’ll ever make as well as a significant financial investment they’ll tap into as part of retirement. In particular cities, purchasing a home has become a competitive game, complete with bidding wars and offer negotiations. It makes sense that most buyers rely on agents to help them through the process.
Today’s buyers have a median age of 40, although the majority (71%) of first-time buyers are Millennials.
The median household income of the typical buyer is $87,500 and most buyers are married or partnered, relying on two incomes to purchase a home.
The typical home in the U.S. purchased has 3 bedrooms, 2 1/2 bathrooms, measures 1,800 square feet and costs $200,000.
More than anything, buyers want their home to be in a safe neighborhood (71 percent of buyers) and in their price range (67 percent of buyers).
Other than safety, buyers also want to stay cool. Sixty-two percent of buyers require their homes to have air conditioning.
Buyers take an average of 4.3 months to search for their new homes — although Millennials take just under four months (3.9 months) and those in the Silent Generation who take the longest at 5.6 months.
The suburbs rule: 49% of buyers buy there, followed by 31% of buyers buying in urban locations and just 19% of American buyers purchasing in rural regions.
Sellers
Although some hot markets have favorable conditions for sellers, selling is still rarely an easy process. Sellers have two main goals when they list their homes: one- to sell their home in their preferred time frame, and two, sell for their desired price. Balancing the two, timing and price, create a delicate dance and throw in the fact that most sellers are also buyers and searching for their new home, creates a often stressful experience.
Sellers have a median age of 45 although Millennials make up nearly one-third of todays’ sellers.
Sellers have a higher median income than homeowners at $87,500.
The typical seller has lived in their home for 12 years.
Most sellers are selling for the first time (61%) and looking to buy at the same time (71%).
Seventy-six of sellers have to make at least one concession to sell their home — most often being a price reduction.
One in two sellers sell their home for less than their original listing price.
Homeowners
As anyone will tell you, owning a home is a lot of work. It’s also a great investment, especially in many of today’s markets were annual appreciation rates are higher than they have been in decades. Beyond the work and the financial piece, home ownership often has an emotional component as well.
Homeowners are the oldest, with a median age of 57 years and just 14% are Millennials.
Homeowners have a median household income of $62,500 and 71% live with a spouse or partner.
Forty percent of homeowners have a pet (with dogs ranking in top at 30%).
Almost half of homeowners (46 percent) live in the first home they purchased, although this percentage decreases with age.
Eighty-six percent of homeowners have no plan to sell in the next three years.
Less than a quarter of homeowners say their home is in “like-new” condition and more than 60% say their home could use a little updating.
The top of homeowners’ to-do list for the next year include: painting the interior (25%), improving the bathroom (22 percent) and landscaping (21 percent).
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
Houseplants can improve your life in many ways (more on that later), but if you’re expecting that peace lily on your desk to rid
your home of toxins, you’re in for a surprise.
A 1989 NASA study attempted to find new ways to clean the air in space stations. Despite some pretty neat findings, it never claimed houseplants are great at removing chemicals from your home’s air — although countless articles have since cited the study as proof of that point.
And the headline “Houseplants Remove Toxins” does sound a lot more exciting than the report’s actual statement:
“Low-light-requiring houseplants, along with activated carbon plant filters, have demonstrated the potential for improving indoor air quality by removing trace organic pollutants from the air in energy-efficient buildings.”
And if you thought that was a buzzkill, the paper’s summary continues to disappoint:
“Activated carbon filters containing fans have the capacity for rapidly filtering large volumes of polluted air and should be considered an integral part of any plan using houseplants for solving indoor air pollution problems.”
In other words, even if your dracaena had the potential to remove trace toxins from your energy-efficient home, you’d still need to recreate NASA’s complicated system, which blows air through the activated carbon in the plant’s root zone.
Furthermore, if you see a list of the best plants for removing toxins, it’s nothing more than a list of the plants used in the study.
So can houseplants purify my air or not?
In theory, yes. But if you’re thinking of making your own botanical air filtration system, you’ve got a lot of work to do.
As an EPA reviewer explained in 1992, “To achieve the same pollutant removal rate reached in the NASA
chamber study,” you would need “680 plants in a typical house.”
You’d be better off buying an actual air filtration system or, at the very least, vacuuming more often.
Yes, it’s true that some plants in the NASA list were more effective at removing benzene, trichloroethylene, and/or formaldehyde than others, but the amount is so negligible that neither the American Lung Association nor the EPA recommends using houseplants to improve your air.
Taking it a step further, both organizations warn that houseplants can worsen your air quality, introducing bacteria that grows in damp potting mix or pesticides used by the nursery.
Don’t let that discourage you from indoor gardening, though. If you’re that worried about your air quality, you’d never step outside in the first place.
In any case, here’s how to keep your houseplants squeaky clean:
Dust those leaves! While you’re at it, dust the house.
Keep potting mix in its place with an ornamental mulch of river rocks or gravel.
Avoid using pesticides whenever possible.
Place saucers under each plant to catch excess potting mix.
To prevent mold, water plants only when the top half inch of the potting mix is dry.
Remove any diseased, yellowed, damaged, or fallen leaves.
Grow houseplants for happiness
True story: I once grew over a hundred plants in my tiny apartment, and I can attest that there was nothing clean about the experience — at all.
Dust filled the air, tree frogs and lizards leaped out of the foliage, and some plants even had stinky fertilizers in the potting mix. Those plants may not have made my air any cleaner, but cultivating a rainforest in the comfort of my home definitely made me a happier person.
Houseplants are a lot more exciting than you’d think. I was actually excited to wake up every morning, because each day brought the promise of a fresh new leaf, a different flower to admire, or another thick orchid root to mist with water.
Helping these living plants grow and thrive gave me a sense of purpose and a connection to the natural world. They also made me sneeze, but only because I spilled potting mix on the floor fairly often.
The only reason you need to grow a houseplant is to be happy. There are, of course, studies suggesting that living with plants improves your concentration, calmness, and productivity, but there’s no point in proving what we already know.
Nobody would bother growing houseplants if they didn’t make us happy.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
This project will help you organize your garage and become the LeBron James of DIY projects. With all your gear in the same place, you’ll always be prepared when someone yells, “Where’s my basketball?” (Or volleyball, hockey stick, tennis racket, etc.)
See how it’s done, then follow the step-by-step instructions to build one of your own.
1. Find a bookcase
Choose a bookcase with at least three wide shelves so you can store gear in a variety of sizes.
2. Add locking wheels
Attach locking wheels to the bottom of the bookcase so you can easily move it around the mudroom or the garage.
3. Drill holes
Drill evenly spaced holes (about four or five, depending on the width of the bookcase) along the top surface of one of the shelves. You’ll want the holes to be fairly close to the edge — about one-half inch away or less.
On the underside of the shelf below, drill holes to match up exactly with the holes on the shelf above.
4. Attach bungee cords
Place the bungee cord hooks in the drilled holes, and arrange the cords vertically so they create a net. You want the cords to be pretty taut, so be sure to get the right size for your bookcase.
5. Mount peg boards
Frame the sides of your bookcase with 1x2s to support peg boards that have been cut to size. Secure the peg boards with a few nails on the top and bottom.
6. Customize with hooks and holders
Place hooks and holders on the peg board so you can hang your tennis rackets, baseball gloves, jerseys, helmets, and more.
7. Load up your catchall, MVP!
Grab your gear and organize the bins like you’re Russell Westbrook going for another triple-double. Now all you have to worry about is scoring the winning goal.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
When you ask Seattle-based house flippers Lora Lindberg and Debbie Cederlind where to find the best home-restoration materials, they quickly reply in unison, “Craigslist.”
Lindberg and Cederlind of Urban Squirrel Residential Restoration have been flipping houses and using reclaimed materials cleverly since 2010, when they purchased their first renovation house in Everett, WA.
Although many people are flipping houses these days, Lindberg and Cederlind take a unique approach: a design-first attitude using reclaimed pieces found anywhere, from Craigslist to salvage yards to the side of the road.
“I think what people really want is character — they want a house that’s unusual,” Cederlind says. “A new tract house in Mississippi looks like a new tract house in Minnesota. People want to add character back in.”
Lindberg adds, “I think a lot of builders are good at construction, but they’re not design people. That’s where we feel we’re different — we’re design people first.”
A creative approach to both flipping and using reclaimed materials involves seeing potential others might overlook — and being willing to undertake a transformation. “Twice now we’ve bought an old, beautiful table with big, curvy gorgeous legs,” recalls Lindberg. “We cut it in half, and then we made double vanities. It makes a pedestal sink, so the two legs are out in the room, and the cut part is against the wall.”
Once an old table, now a one-of-a-kind double vanity.
The duo’s interest and work in renovation started when they met through a church project called Trading Graces. The project entailed a small renovation for a church-nominated family, and an all-volunteer renovation team collaborated on the design and construction. Because the project didn’t have a large budget, the team learned how to maximize their renovation budget with inexpensive, used materials.
With a couple of Trading Graces projects under their tool belts, the pair decided to flip houses, and Urban Squirrel was born.
They’ve now completed 14 flips, and have become true experts on all things renovation. Here, Lindberg and Cederlind offer great advice on finding unique reclaimed materials, the best pieces to look for, and DIY strategies.
Where to find pieces for a renovation
So, where’s the best place to find renovation materials? The answer is wherever you can find materials that inspire you.
“We have great salvage yards in Seattle, but I know those aren’t available everywhere,” says Lindberg. “If you’re in a smaller city without a salvage yard, try Craigslist. We’ve gotten a lot of things there.”
The duo scored a wooden screen on Craigslist. With a little love and paint, the screen became a pair of charming pantry doors that now lend a pop of character to the clean-lined space.
In addition to Craigslist, the duo suggests trying Etsy for interesting lighting and hardware, as well as eBay and garage sales.
“If you see anything cool or unusual, no matter where it is — on the side of the road, at the garage sale — just say to yourself, ‘What can I do with this?’” Cederlind says.
“Sometimes you have to mull it over for a couple days before you come up with something,” Lindberg notes. “But if it speaks to you, and it’s interesting, it’s worth finding a use for it.”
The best types of reclaimed pieces
When hunting for unique reclaimed materials, Cederlind and Lindberg suggest watching for quality pieces of furniture made of solid wood, such as dressers, which often feature intricate carvings or other unique details..
“One of the pieces we’ve used the most is buffets,” Lindberg says. “We use them for islands in kitchens.”
If you find an interesting piece while you’re out shopping, make sure it fits your home’s style. Although Cederlind and Lindberg don’t call themselves design purists, they say it’s best to avoid a style disconnect. If you have a Tudor home, you probably don’t want to put a bunch of mid-century modern pieces in it.
You also want high-quality pieces. “Avoid it if it’s stinky,” Lindberg says.
Some DIY best practices
An important point to remember when working with reclaimed materials: Gather all your materials before you (or a contractor) start the work.
“Let’s say you’re creating a pantry, and [your contractor] makes a doorway,” explains Lindberg. “It’s going to be impossible to find a door that exactly fits that size. You have to have all your materials first, and then have your contractor fit the doorway accordingly.”
Cederlind and Lindberg discovered the antique windowpane on the left in an architectural salvage yard.Now serving as an interior window, the old windowpane breathes new life and light into the living room and office.
Before installing any reclaimed pieces, such as an old dresser turned into a vanity, be sure you can safely secure it, including finding the studs when attaching pieces to the walls. You may also have to modify the height of pieces to be functional for their new usage.
Above all else, the best DIY practice is just to try, the duo says.
“With all the amazing tools now, like pancake compressors and air nailers, you’d be surprised at how easy it is,” says Cederlind. “There are so many tutorials on YouTube. If somebody is really interested and wants to learn to do this, they can teach themselves.”
If you aren’t the handiest person in the world, reach out to a local handyperson or contractor. You can easily search for a quality craftsperson, but it’s always best to get recommendations from friends and family, Cederlind and Lindberg advise.
Ultimately, a great renovation project is about taking risks and creating a design that you love.
“Be brave. Most people are intimidated or timid about trying things — even paint,” Lindberg says. “But you can always repaint!”
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
A garden shed is more than a place to stash your shovel and lawnmower — it’s a gardening workstation where you can plant and repot to your heart’s content.
Of course, if you don’t have a shed, you can always improvise. Turn a corner of the garage, balcony, or patio into the next best thing by including a potting bench and enough storage space for your gardening gear. And if you have to set up your workspace outside, keep it in a shaded space, and store your products and tools in watertight storage containers.
Wherever you choose to make your gardening workspace, give it the same attention you’d give your home office or kitchen. Follow these tips to make it work for you.
Show off your garden shed
A shed is a utilitarian place to store stuff, of course, but it’s also an opportunity to incorporate architectural interest into your garden.
Mirror your home’s paint colors to create a harmonious effect, or turn it into a focal point by painting it a bright accent color. Just be sure that it complements your existing color scheme.
Give your garden shed the same amount of curb appeal you’d give your home. To avoid mowing the awkward space around your shed, give it a foundation planting, and surround it with ground covers, like mondo grass.
Make room for a potting bench
Technically, you can use any counter-height table as a potting bench, but it’s all the bells and whistles that make the difference — features like potting sinks, open shelving, drawers, hooks, and even paper towel bars.
Make your own potting bench from scratch, or repurpose an old bathroom vanity or console table for a little more character. You can also purchase a readymade potting bench from your local garden center or hardware store, but choose one built with quality wood that can withstand moisture and sunlight.
Keep it clean
Dirt and debris are bound to turn up in your workspace, but too much will attract pests like cockroaches, silverfish, and earwigs.
To keep your workspace tidy, wipe down your mower, edger, shovels, and hoes with a stiff brush before putting them away, and store them by the door for easier cleanup.
Clear the floor for easy sweeping by placing large supplies in stacking plastic bins, then label one for herbicides, one for fertilizer, and so on. Keep a large, lined kitchen trashcan around so you always have a place to put those empty plastic pots and bags.
Don’t hoard supplies
Workspaces are made for working, so don’t treat yours like a storage shed. Excess stuff is more than a waste of space — it makes it harder to get things done and even creates hiding places for dirt and bugs.
Don’t feel guilty about throwing away (or donating) anything that accumulates a layer of dust. Even if you think they’ll prove themselves valuable someday, those old pots and decorations will never be as valuable as a functional and inspiring workspace.
Sort the small stuff
Once you’ve rid your space of clutter, make designated spaces for the things you actually use. Keep your most often used tools in a caddy so you won’t have to collect them each time you head to the garden. Store the tools and tidbits you won’t need for a while on a pegboard or in designated bins.
Shelving is the traditional choice for storage, but much of that space often goes unused. To make the most of it, stack plastic organizers and bins. Depending on the size and design, they’ll hold anything from potting mix to plant tags.
Organize the shovels and such
Don’t settle for leaning those big shovels and rakes in a corner. Either purchase a freestanding garden-tool rack or make your own wall rack with nothing more than two-by-fours.
Attach one or more two-by-fours to the wall horizontally, securing them to studs for extra stability. Purchase a variety of specialized wall hooks from the hardware store, and arrange them beforehand to leave enough space for each tool. Use large hooks in sets of two to store hoses and extension cords, or even in sets of three to store string trimmers by laying them flat.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
You updated the plumbing, refinished the flooring, painted the walls. In short, your home renovation is finally finished, and you’re ready to put your flipped house on the market.
But before you do, follow these five home staging tricks that top house flippers use — if you do, you’ll likely see a quick full-offer sale coming your way!
Offer great curb appeal
Pulling up to their potential new home should be a joyful experience for buyers. Give them the great first impression they’re hoping for with curb appeal that conveys a genuinely warm welcome.
Stylish house numbers, updated porch lighting, a classy door color, charming outdoor seating, flowers in bloom, and a welcome mat seem like unimportant details, but they make all the difference.
When a house looks cared for on the outside, it lets buyers know the inside has been maintained, too.
Create ambiance
Once potential buyers step inside, give them a personal, emotional connection to the house. Remember to address all five senses:
Sight. Use flattering lighting throughout the house to brighten dark corners and create playful shadows. This includes canned lighting, floor and table lamps, hanging pendants, and under-counter spot lights.
Smell. Create a very subtle, pleasant scent throughout the house by lighting scented candles or plugging in an aromatherapy diffuser. Citrus, vanilla, and lavender are perfect choices. Make sure the smell is subtle, not overbearing.
Touch. Incorporate texture through textiles that entice touching, which promotes a personal connection to a space.
Sound. Turn on quiet music, hang wind chimes, or install a water feature to relax anyone touring the house.
Taste. It never hurts to have some cookies or a candy bowl ready! Also be sure to offer chilled bottled water.
By appeasing the five senses, you’re sure to help potential buyers connect to the house.
Embrace floor space
If there’s one thing every buyer is looking for, it’s square footage. Play up every inch of it for them!
To make the house feel spacious, put breathing room around monochromatic furniture, and hang mirrors to reflect windows and room openings. Hang drapes high (or don’t use them at all), place large artwork on the walls, and lay down oversized area rugs.
Choose furniture raised up on legs to create a sense of lightness, and use decorative knickknacks sparingly to increase surface space. Create a distant focal point, such as a plant at the top of the stairs or a beautiful pendant light at the end of a hallway.
Emphasize architectural details
Even if your house flip includes some quirky architectural details, it’s best to show them off rather than try to hide them. After all, a house’s personality is part of its charm.
For example, if there’s seemingly wasted space underneath a staircase, turn it into a reading nook. If there’s a giant fireplace, dress up the mantle and arrange furniture around it. Built-ins have a special place in everyone’s heart, so if your house has them, definitely show them off!
Play up a lifestyle
Remember, you’re not just selling a house, you’re selling a lifestyle. This means you shouldn’t forget to dress up the outside areas, such as the patio and backyard. If you want your buyers to feel at home, set up an outdoor dining scene, arrange lounge chairs around the pool, or hang a rope swing.
By showing buyers the kind of life they could be enjoying, you’re showing them it’s worth paying to get it.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
By Joe Szabo, Scottsdale Real Estate Team
While homelessness may not be viewed as a looming issue on the horizon for those who are financially stable, or otherwise have secure and stable housing—it’s not as distant as some might think. With rents rising faster than wages, the burden of affording rent is looming larger and larger for many Americans, and in some cases becoming insurmountable.
According to the Zillow Group Report on Consumer Housing Trends 2017, 79 percent of renters who moved in the last 12 months experienced an increase in their monthly rent before moving to a new place. And over half (57 percent) said that hike was a factor in pushing them out the door and into another rental. Only 21 percent of renter households didn’t report experiencing an increase in rent.
Nearly a third (30 percent) of households nationwide, representing roughly 73 million adults, report they’re struggling or just getting by financially. And it’s no wonder; Americans spend on average a median of 29.1 percent of their income on rent, including many who spend a higher percentage but have lower incomes. Increasingly, major metro areas are becoming out of reach for those who aren’t earning more than minimum wage, and this is becoming increasingly true even in markets that have historically been more affordable.
Take Houston, for instance, where the median low-income earner spends 65.1 percent of her income on the median bottom-tier rent. Then there’s notoriously expensive New York, where—along with San Francisco and Los Angeles markets—the median low-income wage will not even cover a low-end apartment. In New York alone, to afford apartments with median bottom-tier rents, renters need to shill out 111.8 percent of the median low-income wage.
With such large percentages of household incomes going towards rent, saving for the future is less of a priority—and possibility. More than half (51 percent) of Americans say they don’t have enough money saved to support themselves for 3 months, according to the Federal Reserve Board’s 2016 Survey of Household Economics and Decisionmaking.
Millions Struggle Just to Afford Stable Housing
According to the Zillow Group Report on Consumer Housing Trends 2017, today’s median household income for renters is $37,500, which equates to about $18 per hour—or 2.5 times the federal minimum wage of $7.25. Nationwide, in 2016, 2.2 million people lived off wages at or below the federal minimum wage, according to the U.S. Bureau of Labor Statistics.
When it comes to renting, there is no state where a 40-hour minimum wage is enough to afford a two-bedroom apartment, according to the National Low Income Housing Coalition.
While renting is becoming increasingly more difficult, buying a home becomes a distant dream.“Honestly, if you’re making $37,500 per year and have no savings, it’s probably not feasible for you to buy in most markets,” Zillow Chief Economist Dr. Svenja Gudell says.
Across all states, the median renter can expect to pay $1,430 per month on rent. It’s no wonder many Americans are struggling financially— particularly in New York, Los Angeles, Washington D.C., and Seattle, where there’s also a stronger relationship between rising rents and an increase in the homeless population.
Homelessness by the Numbers
Coast to coast, there are an estimated 550,000 homeless people, according to the U.S. Department of Urban and Housing Development. But Zillow Research used statistical modeling to estimate the uncounted homeless population, unsheltered homeless people often missed during the One Night Counts, to estimate the true number of homeless people, a number much higher than the official estimates. And as rents climb, the numbers will only grow, especially in large, tight metros, where the rent burden can become life-altering.
Take New York City, for example. The metro has the largest population of homeless people than anywhere else in the nation. Last year, there were an estimated 76,411 people experiencing homelessness, according to Zillow’s estimates. If rents were to rise 5 percent, an additional 2,982 people would be forced to the streets.
And Los Angeles doesn’t fare much better. Given the same rent hike, an additional 1,993 people would fall into homelessness. And a rent hike of 5 percent isn’t implausible, especially given that in L.A., rents rose 4.4 percent over the past year.
The Geography of Social Mobility
Right now, in L.A., renters dish out $2,707 per month for the median rent, which is almost twice the national median rent and amounts to nearly half of the median household income in the metro. With such a substantial chunk of money spent every month on rent, it’s no surprise the metro has an estimated 59,508 people without a home.
But rents haven’t always been so unaffordable. Just 17 years ago, three of the top 20 metros were rent-burdened, meaning renters paid more than 30 percent of their income on living expenses. Today, however, the number of cities that have become unaffordable have grown exponentially.
Currently, renters in 9 of the same top 20 metros can expect to spend 30 percent or more of their income on rent. The biggest share spent on rent comes from Los Angeles, where renters dish out nearly half (49 percent) of income on rent.
“The places where social mobility—the ability to climb the income ladder—is the greatest are now in places that are unaffordable for most people,” said Gudell. “San Jose or the Bay Area in general, parts of Boston, for example—these places have gotten to be so expensive that a lot of people who have an income of $37,500 a year will not be able to buy a home or even afford a family-sized rental.”
The Costs of Housing Instability Go Beyond Financial
Unfortunately, for too many, lack of affordable housing can complicate other critical aspects of life, including health and future livelihoods.
Individuals living in shelters are more than twice as likely to have a disability compared to the general population. This includes serious mental illnesses, conditions related to chronic substance abuse, diabetes, heart disease and HIV/AIDS, according to the U.S. Department of Housing and Urban Development.
Gudell says people have better outcomes when they aren’t constantly moving from place to place. “It’s been shown that you have better outcomes if you live in a stable environment with less frequent moves, which is easier to attain when you own versus renting,” Gudell said. “So, if you take stable environments away from people, their outcomes will most likely be worse than they are today, and that has an impact on education, on health and on income growth in the future.”
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
your home of toxins, you’re in for a surprise.
A 1989 NASA study attempted to find new ways to clean the air in space stations. Despite some pretty neat findings, it never claimed houseplants are great at removing chemicals from your home’s air — although countless articles have since cited the study as proof of that point.
And the headline “Houseplants Remove Toxins” does sound a lot more exciting than the report’s actual statement:
“Low-light-requiring houseplants, along with activated carbon plant filters, have demonstrated the potential for improving indoor air quality by removing trace organic pollutants from the air in energy-efficient buildings.”
And if you thought that was a buzzkill, the paper’s summary continues to disappoint:
“Activated carbon filters containing fans have the capacity for rapidly filtering large volumes of polluted air and should be considered an integral part of any plan using houseplants for solving indoor air pollution problems.”
In other words, even if your dracaena had the potential to remove trace toxins from your energy-efficient home, you’d still need to recreate NASA’s complicated system, which blows air through the activated carbon in the plant’s root zone.
Furthermore, if you see a list of the best plants for removing toxins, it’s nothing more than a list of the plants used in the study.
your home of toxins, you’re in for a surprise.
A 1989 NASA study attempted to find new ways to clean the air in space stations. Despite some pretty neat findings, it never claimed houseplants are great at removing chemicals from your home’s air — although countless articles have since cited the study as proof of that point.
And the headline “Houseplants Remove Toxins” does sound a lot more exciting than the report’s actual statement:
“Low-light-requiring houseplants, along with activated carbon plant filters, have demonstrated the potential for improving indoor air quality by removing trace organic pollutants from the air in energy-efficient buildings.”
And if you thought that was a buzzkill, the paper’s summary continues to disappoint:
“Activated carbon filters containing fans have the capacity for rapidly filtering large volumes of polluted air and should be considered an integral part of any plan using houseplants for solving indoor air pollution problems.”
In other words, even if your dracaena had the potential to remove trace toxins from your energy-efficient home, you’d still need to recreate NASA’s complicated system, which blows air through the activated carbon in the plant’s root zone.
Furthermore, if you see a list of the best plants for removing toxins, it’s nothing more than a list of the plants used in the study.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, info@ScottsdaleRealEstateTeam.com or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.
Although many people are flipping houses these days, Lindberg and Cederlind take a unique approach: a design-first attitude using reclaimed pieces found anywhere, from Craigslist to salvage yards to the side of the road.
“I think what people really want is character — they want a house that’s unusual,” Cederlind says. “A new tract house in Mississippi looks like a new tract house in Minnesota. People want to add character back in.”
Lindberg adds, “I think a lot of builders are good at construction, but they’re not design people. That’s where we feel we’re different — we’re design people first.”
A creative approach to both flipping and using reclaimed materials involves seeing potential others might overlook — and being willing to undertake a transformation. “Twice now we’ve bought an old, beautiful table with big, curvy gorgeous legs,” recalls Lindberg. “We cut it in half, and then we made double vanities. It makes a pedestal sink, so the two legs are out in the room, and the cut part is against the wall.”
Although many people are flipping houses these days, Lindberg and Cederlind take a unique approach: a design-first attitude using reclaimed pieces found anywhere, from Craigslist to salvage yards to the side of the road.
“I think what people really want is character — they want a house that’s unusual,” Cederlind says. “A new tract house in Mississippi looks like a new tract house in Minnesota. People want to add character back in.”
Lindberg adds, “I think a lot of builders are good at construction, but they’re not design people. That’s where we feel we’re different — we’re design people first.”
A creative approach to both flipping and using reclaimed materials involves seeing potential others might overlook — and being willing to undertake a transformation. “Twice now we’ve bought an old, beautiful table with big, curvy gorgeous legs,” recalls Lindberg. “We cut it in half, and then we made double vanities. It makes a pedestal sink, so the two legs are out in the room, and the cut part is against the wall.”
