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These are the 3 Hottest Home Trends for 2021 According to Experts


Jewel-toned colors are expected to be on trend.

Designers and Real Estate experts are weighing in on what will be in, and what buyers are bored of seeing, as we move in to 2021. Hint: it's going to be a lot different.

1. Color Trends

For a long time now, we've seen home colors shift from neutral beige to neutral grays, with white-and-gold combos making their way into the mix. Things are about to change in 2021: get ready for bolder colors.
Professional interior designers spoke to 1stDibs, a design marketplace, and announced that jewel tones and warm earth tones will be the hottest color trends of 2021, with an emphasis on cozier hues. This includes a special emphasis on…

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Cook County FHA Limits Increase Almost $12,000

Attention Buyers: Cook County FHA loan limits are set to go up almost $12,000 higher in 2021 than the 2020 limits.

The Federal Housing Administration (FHA) is increasing its 2021 single family house loan limit in Cook County, IL to $379,500, almost $12,000 higher than the 2020 limit of $368,000. The loan limit is based on the national conforming loan limit for Fannie Mae and Freddie Mac.

The purpose of FHA loans (loans backed by the Federal Housing Administration, which means you can get insurance-free loans with down payments as low as 3.5%) is to provide assistance to low-to-moderate income borrowers. Loan limits set the maximum amount of money a borrower can take out under the FHA program to…

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See what's happening at arhome this winter.

Upcoming Events: 

Friday, Jan 8 / 12pm / Class: 

2021 Goals + Planning Workshop

Start the new year right with a great plan. It's predicted to be another good year for real estate; in this session, learn how to take advantage of market trends, set smart goals and make a realistic plan to achieve them.

Friday, Jan 22 / 12pm / Class:

3 Keys to Successful Real Estate Posts

Listings, closings, etc. seem like a great idea to post - until you look at it from your follower's perspective. Do you want them to skip over the post as "just another annoying ad?" We'll talk about 3 tips to include when posting real estate content to makes people stop and engage with it.

Saturday, Jan 30 / 10am /…

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2021 Housing Market Outlook

2020 was the year of surprises. We saw an instant dip in the market when the virus news came to the US, only to turn around and witness one of the biggest booms in sales volume and prices in the last decade.

So what will 2021 hold? Are we headed for a crash, or will this keep going? Here's what experts are predicting.

Prices

Despite the price bubble being the highest we've seen in over 10 years, most economist are predicting continued increases that head towards stability. Realtor.com chief economist Danielle Hale says prices will rise another 5.7% above 2020’s already high numbers. CoreLogic deputy chief economist Selma Hepp confirms the continued home price appreciation. There is general agreement that rising…

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how arhome is bringing the personal touch back to a tech-driven industry

2020 has been the year of going virtual, though we've been far from strangers to the digital world for a while now. With technology at the top of our wish lists, and the more cutting-edge the better, we're always looking for ways to streamline and digitize our work. But with that, the real estate industry has seen a side-effect in the streamlining and computerization of something else: personal relationships. 

What do we mean? On the back-end of things, real estate professionals are often impressed with computerized auto-responders to new clients; avoiding making real-life phone calls; believing it's the actual technology that will take them to the next level. But when…

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See what's happening at arhome this fall! We're learning, training, and polishing up the year with skills. 

Upcoming Events: 

Friday, Sept 25 / 12pm / Class: 

Navigate the New Facebook

Facebook's new layout can be confusing, and if you feel frustrated with finding your old tools you're not alone. This class walks through how to navigate the new layout and find all the posting, scheduling and new business tools to successfully continue your social media work.

Wednesday, Sept 30 / 5pm / Meeting:

Annual Office Policy Review (Mandatory)

Our annual office meeting + (outdoor) pizza party family reunion! Join us online or in person (safely) for our yearly policy and law reviews, and stay to chat and reconnect with your office family over…

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"While the health and economic impact has been significant, the U.S. housing market has remained surprisingly resilient, and consumers continue to view home ownership as the foundation of the American Dream. Home buyers remain steadfast in the main attributes they seek--three bedrooms, two bathrooms and a garage. However, the quarantine has made people rethink where and why they want a new home," says realtor.com® Senior Economist George Ratiu. 

The market is largely buyer-driven - if there is a demand, properties will sell. If no one wants to buy, the market will be slow. So let's see what current buyers are thinking and doing right now.

Here are the findings of the most recent, post-covid survey from realtor.com®.

How do buyers feel about…

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Did you know? According to the most recent National Association of REALTORS® Profile of Home Buyers and Sellers study, Realtor®-listed homes have sold on average for 40% more money than For Sale By Owner homes.

How you go about selling your property can really impact how much money ends up in your pocket when all is said and done. Things like marketing price, time on the market, and staging can have a tremendous effect on how much you sell your property for.

For example: if you were to market your home at a too high price, you will likely not see a lot of activity because surrounding homes at similar price points will have better features and options. This will cause market time to run on the clock, and precious sale time to slip away. In the…

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In other words: How to get a higher price for your home. It's true - if your home stands out (in a good way), it attracts more buyers, gets more traffic, and that typically results in more interest, more offers and a higher end sale. It's important to make sure your home is truly ready for a home sale, to make the most of its market debut and get more buyers to fall in love with it. And while we generally don't recommend any major projects (exceptions abide - ask an arhome agent for the most profitable approach), the good news is there's a lot that you can control when it comes to making your home above-average. 

1. Maximize Curb Appeal

Curb appeal is one of those obvious checklist items that somehow gets overlooked in the end. Of course, it's…

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The average rates on 30-year fixed-rate loans hit record lows this week. Mortgage News Daily reports that the average rate for a 30-year fixed rate loan is just barely above 3%; for FHA loans, its dropped all the way to 2.75%.

That’s lower than we’ve seen in many, many years.

Why are rates dropping so low?

Of course, we know the COVID-19 pandemic is involved. But according to Fed chairman Jerome Powell, this has hit the economy in ways that are worse than any typical recession. Powell stated recently: ”The scope and speed of this downturn are without modern precedent and are significantly worse than any recession since World War II.” That’s powerful.

With predictions that our economy may not recover until the end of next year, the…

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