2013 June

5 Summer Design Trends

Give your home a new look with easy summer decorating projects from HGTV that you can tackle this weekend.

1. Add a Bright New Headboard

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Add style, color and texture to your bedroom with this do-it-yourself headboard that looks anything but DIY. A great project for newbie woodworkers, this headboard can be completed in just a few hours and for less than $100.

2. Create Summer Shimmer

Give an occasional chair a modern makeover by mixing metallic silver with pops of icy lemon. Find a chair with interesting lines at a flea market or thrift store. Remove the seat and spray the chair with several coats of platinum paint. Recover the cushion with a lattice print in gray and yellow. Keep the mood soothing and relaxed with toss pillows and a soft rug in the same palette.

3. All About Ombre

Gradual-hued ombre is everywhere, from hairstyles to napkins to dressers. Get a small dose of the trend by painting a mini jewelry chest from lazuli blue to sage. Bronze accessories and towels in terra cotta to round out this sun-warmed, Mediterranean-inspired bath.

4. Create a Custom Upholstered Headboard

Recreate HGTV Green Home’s master bedroom headboard in your home. To create this easy-to-build headboard, wrap natural linen and batting around squares of plywood.

5. Set the Scene

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Details like flowers on the table, lights in the trees and smartly placed trays for drinks and appetizers elevate a simple gathering to a party your guests won’t forget. Billowing drapes hung out the back door as guests enter the backyard create an impressive entrance.

Visit our Pinterest page for more desing inspiration.

This Week in Real Estate News

This week’s top stories in real estate industry news:

Inventory Levels on the Rise as Sellers Gain Confidence
Forty percent of Americans say now is a good time to sell a home — up from 30 percent last month and 16 percent just one year ago, according to a new survey by Fannie Mae. Rising home prices are helping to boost sellers’ confidence.

30-Year Mortgage Rates Climb Near 4% Range

For the sixth consecutive week, mortgage rates inched higher, continuing to climb from all-time lows, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage—the most popular among home buyers—has now climbed a half percentage point since last month. 

A strengthening economy and positive employment report this month prompted fixed-rate mortgages to climb higher this week, says Frank Nothaft, Freddie Mac’s chief economist.

Until Mortgage Rates Hit 10.5%, Buying A Home Will Still Be Cheaper Than Renting
The recent rise in mortgage rates has made buying a house a little more expensive: the increase in the 30-year fixed rate over the past month from 3.4% to 3.9% (Freddie Mac) raised the monthly payment on a $200,000 mortgage by $56, or 6%. However, because mortgage rates are still near long-term lows, and because prices fell so much after the housing bubble burst and remain low relative to rents even after recent price increases, buying is still much cheaper than renting.

Economist Temper Housing Bubble Worries

Although home prices are likely to continue to rise in the next few years, the national market is not in danger of a bubble, according to prominent economists.

“Four of the next five years are likely to be improving years in the housing market. I don’t say five because there’s always the possibility of little hiccups in the housing market,” said Lawrence Yun, chief economist for the National Association of Realtors.

– See more at: http://www.inman.com/2013/06/10/economists-temper-housing-bubble-worries/#sthash.5HJGKrh4.dpuf

Economists temper housing bubble worries
Economists temper housing bubble worries

Although home prices are likely to continue to rise in the next few years, the national market is not in danger of a bubble, according to prominent economists. “Four of the next five years are likely to be improving years in the housing market. I don’t say five because there’s always the possibility of little hiccups in the housing market,” said Lawrence Yun, chief economist for the National Association of Realtors.

The Transformation of Columbus in Georgia Trend Magazine

The river has always been the lifeblood of Columbus and Muscogee County. Just last month, the city officially opened a two-and-a-half mile stretch to whitewater rafting and kayaking. Beginning just north in the old Bibb City area, the course flows through Uptown with a takeout point just behind the Convention & Trade Center.

“This will not only have a tremendous economic impact on the community, but it’s a great environmental project as well,” says Richard Bishop, president and CEO of Uptown Columbus. “We’re going to bring visitors from throughout the Southeast and attract world-class events here at the same time.”

The river will likely solidify the quarter-century-long transformation of Columbus from dying downtown to hip center of culture and commerce. Clubs, restaurants, coffee shops and boutiques fill every available storefront. Finding a parking space even on a weekday night is a challenge as throngs of people fill the streets.

“I’ve been in real estate development for 25 years with the Bradley Company, and the best way to describe it is with each successful project, it leveraged another successful project,” says Mathews Swift, president and COO of W.C. Bradley Co. Real Estate Division. W.C. Bradley Co. is not only headquartered in one of the renovated mill buildings along Front Street, but it has been a driving force in promoting Uptown as a place to live.

When the Eagle & Phenix building’s first phase was converted to condos, they quickly sold out. Offering a commanding view of the river, coupled with easy access to Uptown’s shops and restaurants, they represented just the kind of urban living so many young professionals demand.

Apartments are under construction in Mill No. 2 and the old administration building, just a short walk away.

“We’re at a point where it’s no longer just, ‘Can we make downtown a very energetic and exciting place to be?’” says Swift. “Now the question is, ‘How can we maximize all of it?’”

Read more about the transformation of Columbus in Georgia Trend Magazine.

Eagle & Phenix Condos are Luxury Living Right in Uptown

These are just a few of our current Eagle & Phenix listings:

Beautiful Views From Every Window

This is the only new 3br condo left. Two bedrooms & two full baths upstairs and one bedroom and 1 1/2 baths downstairs. Two living areas, floor to ceiling windows with beautiful river views. Large kitchen with island. Great closet space. 24/7 attendant on duty, fitness center, deck area with furniture and gas grill, gated green space with furniture and gas grill, covered parking in garage. Secured entry into building, 5th floor unit.

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Our Largest New Condo Floor Plan

This is our largest new condo with 3br/3.5 ba and fabulous river views. You will have floor to ceiling windows with breathtaking views. Large living area with another area for a den or office. Granite counters, tile in bathrooms, walk-in closets. 24/7 attendant on duty, parking garage, fitness center, green space and a 14-mile river walk right outside your door. Easily walk to shops, dining and entertainment. HOA is .268 per sq ft per month and our taxes are the lowest in the region.

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Balcony with a River View

This 5th floor unit has a balcony overlooking the courtyard and great views of the river. Secured entry, fitness center, deck, parking garage and courtyard. You are within walking distance of many coffee shops, restaurants, shopping and entertainment. Maintenance-free living at its finest. This is a furnished model, price does not include furnishings. Controlled access for residential entrances, 24 hour attendant on site, 1 deeded parking space in parking garage, 12-15 ft ceilings, exposed brick walls, timber, natural wood & some painted ceilings, granite coutner tops, tile floors in baths, fitness center, RIO thermal heating & cooling, expansive windows and more.

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