RISMedia's Real Estate Magazine

MAY 2019

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1109029

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Page 22 of 118

18 May 2019 RISMedia's REAL ESTATE Trending in Real Estate Looking for a little staging sizzle? Add drama to a room with the strategic use of black paint, a trending color in interior design. Use black on an accent wall, cabinetry or doors. If true black is a little too strong, choose a charcoal grey or chocolate brown. Source: Better Homes & Gardens More than half of Gen Z—those aged 18 - 23—are already saving for a home, according to Bank of America's Homebuyer Insights Report, based on responses from nearly 2,000 people. Source: REALTOR® magazine Thinking about entering the luxury market? According to The Institute for Luxury Home Marketing, depending on your region, luxury isn't just defined by multimillion-dollar celebrity estates, but homes in the $500,000 - $1 million range, as well. The number of sales above $1 million rose 6 percent last year, so the time to explore the luxury niche may be right now. If you have a listing that needs help moving off the market, take a good look at the garage door, one of the biggest factors related to curb appeal. The national average cost of a garage door replacement is $3,470 and homeowners are likely to recoup 98 percent of the cost. Source: GOBankingRates.com Where are the most affordable places in the U.S. to live and work? According to a recent study from BusinessStudent.com, these five cities topped the charts: - Tulsa, Okla. - Lexington, Ky. - Oklahoma City, Okla. - Las Vegas, Nev. - Memphis, Tenn.

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