The Easiest Way To Keep Up With Housing Trends And Why To Bother When You Are Not Planning A Move
- Chris Lovejoy
- Dec 9, 2021
- 2 min read
Most people do not think so much about housing until they have a major life change and then the topic becomes very important. A best Realtor will suggest that you keep an eye on the market, know what is selling in your neighborhood and even watch style trends in architecture, interior design and landscape design. By doing so, if there is an unexpected life change, which can be challenging enough, there is not the added shock factor of a property not being valued as you thought it would.
This is not to say one should worry about the market. The market will go up and down, mostly cyclically and, until you sell, if it is trending down, it will not have any meaning to your financial situation, unless you are trying to pull equity out of the home.
I also feel strongly that your home is a place to be you. New trends in style may match your aesthetic, but, if they do not, there is no reason to live in a home decorated with someone else’s taste!
That said, knowing what the majority is looking for in a home is still important. Some will invest in outdated styles, not knowing this will actually bring down the value of their home. This should be one of the factors considered when making a decision. Not the only factor, but if I want an expensive Tuscan kitchen in Woodbridge, CT, knowing it is not what new buyers here are looking for, I am making the decision to enjoy my kitchen knowing that, if I have to sell, I may not get that money back.
For an easy way to keep track of these things, follow me on social media. I post local market data, CT economic news, trends in housing and landscape design and other information that will keep you up to date with a glance! Go to My Website and scroll down for links to my social media accounts. You will also find links at the top of this post.
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