How Interior Decor Will Change in 2020

by Chuck Roper 16. January 2020 12:17

 



December may be a time for reflection, but January is a time for looking forward. The new year brings new opportunities to reset, refresh and live our best lives. It’s also the best time to set goals and make the changes you’ve always thought about, whether that means hitting the gym more often or finally painting your home office.


Giving your home’s interior decor a facelift is an easily achievable goal for 2020, and we encourage you to take some time to learn how decor trends will change this year. If you haven’t yet, take a look at our list of the Top 10 Design Trends for 2020 and read on to hear how experts forecast how interior design will change in the coming year.

Sustainability and Eco-Friendly Practices


In a recent article in Vogue, fashion designer Stella McCartney wrote about how she is doing her part to make her world more sustainable, from turning the ponds at her home into an independent sewage system to paper-mâché walls made out of shredded office papers in her London flagship store. It is increasingly difficult to ignore the need to reduce, reuse and recycle in our everyday lives, and it’s easier than you think to incorporate eco-friendly decor into your design.


According to InteriorZine, many interior designers are expected to “create unusual and new materials based on recycling, alternative technologies and a well-balanced approach” between the two. Chief among these efforts is to reduce the use of plastic in design and instead use natural materials like seagrass, bamboo, and corn.

Modern Urban vs. Luxury Living


It should come as no surprise that city living typically means having less space to work with. In this day and age, as modern urban living continues to evolve, the new middle class is looking for a space that is in tune with their everyday needs. The world has gone digital, with increasing numbers of people working from home and using their spaces in ways their parents may not have. Gone are the days of formal dining rooms; in are sleek spaces that can serve multiple functions, from rest and relaxation to wining and dining. This has prompted a creative challenge for interior design professionals, who must design cost-effective spaces that can meet the needs of their clients.


Changes to Primary Living Spaces


There was once a day when kitchens, dining rooms, and living rooms were all compartmentalized—literally. But if you’ve ever seen a home renovation show, you know that primary living spaces that are open concept are #1 on everybody’s list. The design of these spaces is constantly evolving, with InteriorZine reporting that an integrated kitchen-dining room “is a ‘must’ for modern life’s dynamic,” whether you’re entertaining business associates or keeping an eye on your kids while you prepare dinner. In addition to being downright useful, integrated spaces make your home look larger and make it easier to incorporate design elements across the board.


“Living” Kitchens


On average, how much time would you say you spend cooking in your kitchen? Conversely, how often do you use it primarily as a socialization space? As family dynamics change, so too do the ways we use our homes’ spaces. Fluid living spaces are a must, and “living” kitchens provide a stylish, comfortable and functional space that works for your taste and lifestyle.

 

How many of these interior design elements do you think you can incorporate into your home in 2020? We challenge you to create a space that works for you—and the environment.

Top 10 Design Trends for 2020

by Chuck Roper 19. December 2019 11:52

Whether you’re reimagining your current space or searching for a new home, it’s important to understand current design and decor trends. Here are our top 10 design trends for 2020.

In Trends


IN: Grandmillennial Style



Image Source: The Glam Pad


If you’ve been looking for a better way to say “traditional with a twist,” grandmillennial style is it. According to Elle Decor, grandmillennial involves incorporating classical design elements like chinoiserie, scalloped edges, natural-fiber rugs and topiaries (pieces your grandma loved) with contemporary elements, like modern art and clean-lined furniture (favorites of the millennial set). That leads us to…


IN: Layering Old and New



Image Source: Lauren Buxbaum Gordon on ElleDecor.com


Don’t worry about your space looking overly put-together or too precious. These days, it’s in style to mix and match your pieces. Don’t be afraid to incorporate antique furniture with travel souvenirs, contemporary art pieces and other accents.


IN: Bold Monochromatics



Image Source: Douglas Friedman on ElleDecor.com


Muted neutrals are out (more on that later) and monochromatically painted rooms in standout colors like kelly green, cobalt blue and aubergine are in. Add accent pieces like gold-and silver-framed mirrors, unique art and chandeliers for a colorful room that suits your personality.


IN: Classic Interiors



Image Source: Old House Online


“Classic” doesn’t have to mean your grandmother’s style circa 1952. These days, it means comfortable furniture with clean lines; elegant materials like crystal, acrylics and interesting woods; and reinterpretations of traditional patterns.


IN: Real Plants and Greenery


Image Source: HGTV


In addition to being visually pleasing, plants are also good for your health. In fact, NBC News reports that studies have proven that indoor plants improve concentration and productivity, reduce stress levels, and boost your mood. Whether you opt for an easy pothos plant in a terra cotta pot or an elaborate biomontage wall full of greenery, plants are an easy way to spruce up your space.

Out Trends


OUT: Decorating in Pale Monochromatics




Rooms with all taupe, all gray or all white interiors—from walls and flooring to furniture and textiles—are both too safe and too dull. Add some visual interest, personality and excitement with colorful walls, patterned furniture and accent pieces like art, vases and mirrors.









OUT: White Doors



Image Source: Tria Giovan on ElleDecor.com


Not long ago, designers recommended that you paint your interior doors and trim white. Research suggests white doors, in particular, are out. Instead, consider dark wood doors, either painted or stained.


OUT: All-White Kitchens




Kitchens should be full of sweet and savory tastes and smells, but sterile, all-white kitchens don't exactly lend themselves to that aesthetic. Southern Living reports that though white cabinets are still popular with remodelers, colorful kitchens are becoming more commonplace. But don’t worry—we think the avocado-green appliances are permanently a thing of the past.


OUT: Open Shelving





Image Source: HGTV


It’s a great idea in theory—glass cabinets or open shelves that show off your beautiful dishes and vases. But the reality is that open shelving means having to keep everything perfectly organized and spotlessly clean. Practicality is back.


OUT: Subway Tile



Image Source: Real Simple

 

Though it’s been a favorite on many home renovation shows, subway tile is overused and, on its way out. In 2020, embrace tiling and backsplash in new patterns, textures and colors.

Janet McAfee: The Top 5 Luxury Real Estate Sales of 2019

by Chuck Roper 26. November 2019 10:40

As 2020 rapidly approaches, we took a look back at the top luxury real estate sales at Janet McAfee over the last year. With so many immaculate options, we narrowed it down to the top five listed below — totaling over $17 million in combined sales. 

The Top 5 Luxury Real Estate Sales of 2019

1. 9847 Litzsinger Road, Ladue

Listed By: Wayne Norwood and Ben Patton


Sale Price: $5,150,000

Square Footage: 11,208 

Acres: 3.4

Number of Bedrooms and Bathrooms: 5 beds, 9 baths


This splendorous estate was created to mirror the alluring 18th-century castles of France’s Loire Valley. Selected by KDSK TV-5 for its exceptional design, the tree-lined property offers extreme privacy at 3.4 acres of land. Just a few of its affluent selling features include a vented cigar lounge, gaming room, wine cellar, gym and a soundproof main-level theater.

 

 

2. 564 Barnes Road, Ladue

Listed By: The Kirk Holton Team


Sale Price: $3,700,000

Square Footage:  8,850

Acres: 1.95

Number of Bedrooms and Bathrooms: 7 beds, 9 baths 

 

Decor by Marshall Watson NYC, this charming Georgian Colonial is a two-story masterpiece located in St. Louis Country Club Grounds. Welcomed by a sweeping entry staircase, the home features painted murals, vaulted ceilings, detailed millwork and archways, a custom bar and more. Not to mention the resplendent outdoor patio and a pool perfect for those Missouri summer nights. It’s the definition of true elegance! 

3. 7 Carters Grove Court, Ladue

Listed By: Julie Lane


Sale Price: $2,900,000

Square Footage:  9,378

Acres: 3

Number of Bedrooms and Bathrooms: 7 beds, 9 baths

 

The previous owners of this opulent two-story home invested over $2.5 million in renovations, leaving no detail behind. It has an updated pool, pool house, outdoor patio with a fireplace and fire features, new luxury baths and more. The seamless layout makes it perfect for both family time and entertaining — and with three acres of luscious land, it provides ultimate privacy. 

 

4. 5 Rutherford Lane, Town & Country

Listed By: Wayne Norwood and Ben Patton


Sale Price: $2,790,000

Square Footage:  6,900

Acres: 1.02

Number of Bedrooms and Bathrooms: 5 beds, 8 baths 


Selected by Architectural Digest as one of Saint Louis' most distinctive properties, this 1.5 story custom English Country Manor was designed by the nationally acclaimed McAlpine architects. The bedrooms are en-suite, with heated, wide plank ash floors and walk-in closets. Not to mention a chef’s kitchen with two walk-in pantries for food prep, a full gym and office, and a Baker free form pool with natural-looking waterfalls. It truly is a world-class home!  


5. 9450 Ladue Road, Ladue

Listed by: May Reay, Katherine D Driscoll


Sale Price: $2,463,590

Square footage: 7,895

Acres: 2.77

Number of Bedrooms and Bathrooms: 4 beds, 7 baths 

 

After an extensive remodel, this historic Ladue property was transformed into a spacious and elegant New England-inspired home with modern, energy-efficient features. It also has a geothermal heating and cooling system, an artist's studio with skylights, a library with cherry wood bookcases and paneling, and ample natural light. The lower level features a media room, a dedicated workout room, and a recreation room with a wet bar. Talk about modern style and grace! 

 

 

Each of these homes boast top-notch features and finishes, rich architectural detail and loving new owners. We can’t wait to see what next year’s top sales will be! 

 

Janet McAfee is a recognized luxury real estate leader in the St. Louis area. For more details about careers at our boutique firm or the luxury market, visit our website!

2019 Midyear Market Report

by Chuck Roper 19. August 2019 10:17


We are delighted to share our 2019 Midyear Market Report for the Saint Louis community.

The report provides a comprehensive summary of residential housing activity and price levels for the first six months of the year.
The analysis is presented by geography and property type.  We also drill down to look at select school districts within in the St. Louis
central corridor and the luxury market.

Relatively speaking, midyear 2019 results showed lower sales and listing activity compared to last year.  Inventory levels remain low.  Residential prices were higher and the luxury market was excellent.  New listings continue to drive residential sales.  Based upon the midyear results, we are forecasting flat to slightly lower full year resuts.  We will report again at year end.

A link to the report is furnished here.

2019 Real Estate Predictions – Crystal Ball or Guess?

by Chuck Roper 10. January 2019 05:50

The question I’m asked most often this time of year is “What’s the market going to do this year?”  Will home prices rise, will it be a seller’s market, a buyer’s market, should I sell now or wait until Spring?

My answer is always prefaced with “there is no crystal ball.”  We do know that some trends will continue into 2019.  Mortgage rates most likely will rise, inventory is also on the rise and home price appreciation will continue to slow.  That’s the national rhetoric we read.  But, the forecasters leave out one overriding truth - REAL ESTATE IS INTENSELY LOCAL.  What happens in San Jose doesn’t translate to St. Louis.   For example, St. Louis County is fairly tight with 2.8 months of inventory.  If we look at luxury homes over $1 million, St. Louis County has a 9 month supply.   My best advice is to ask your Realtor for a market update that is specific to your location and your price category.

 

Janet Horlacher  

4 Reasons Homes Sell During the Holidays

by Chuck Roper 17. December 2018 04:33

It may surprise you to learn that the holidays are a good time to sell a home.  Holiday buyers are enthusiastic and emotional; they are serious buyers, less distracted by busy work schedules.  We find that buyers are motivated by the prospect of beginning a new year in a new home.  Consider these reasons:

 

#1. Year-end corporate transfers 

Corporate transferees schedule home buying trips over the holidays.  

 

#2   Buyers have time off work  

The reality is that when work commitments slow down around the holidays, buyers look online.  Holiday buyers have a sense of urgency to write an acceptable offer before the end of the year.    

 

#3   Homes look their best 

There is nothing like an abundance of lights, a fire in the hearth, the smell of fresh pine and a festive atmosphere to make a home look its best.  As long as it’s not overdone, holiday décor makes a house warm and inviting, which appeals to buyer emotions.

 

#4   Less Competition

Inventory is lower over the holidays; sellers face less competition; and serious buyers are quicker to make a strong offer.   

Spring has sprung … Hooray!

by Chuck Roper 27. April 2018 10:21

Finally, Spring is here!  It’s sunny, in the 70’s and the residential real estate market is in full bloom!  In the St. Louis Central Corridor, 309 listings were put into MLS in the last 7 days.  235 listings went under contract (both new and existing) and 188 sales closed.  In the same period for the luxury market (over $1 million), there were 18 new MLS listings, 6 went under contract and 2 closed.

STL Central Corridor MLS Listings

All Prices

Over $1 M

New Listings

309

18

Option & Contingent

235

6

Sold - Closed

188

2

My advice to our sales agents is “don’t delay.”  Do everything you can to take advantage of this robust time of year.  Be aware that service professionals are busy-busy so we must be persistent and resourceful in scheduling painters, plumbers, roofers and contractors.  When working with buyers, prepare them to act quickly when they find the home of their dreams.   You know the Benjamin Franklin adage “an ounce of preparation is worth a pound of cure.”  

 

Happy Spring Selling and Buying!

Janet

Cyber fraud and Real Estate

by Chuck Roper 16. March 2018 10:24

Cyber fraud and Real Estate

 

I just read a scary fact in Realtor magazine: $969 million was diverted or attempted to be diverted from real estate purchase transactions and wired to “criminally controlled” accounts in fiscal 2017.  The fact is attributed to FBI data as reported by the Washington Post.

Scammers are targeting real estate professionals, title companies and mortgage lenders with phishing emails and fake text messages.  One way home buyers are scammed is they receive an email providing wire instructions for funding their new home purchase.   Please be aware - this is a fake email.  You should NEVER respond with your account information without speaking first hand to your agent or title representative.   I read a recent story of a Memphis home buyer who responded to a genuine-looking request to wire the full purchase amount of $203,000 to an account, which turned out to be fraudulent.  The money was gone, wired to a bank account controlled by an invisible thief.

 

Another risk is hacking.  Realtor magazine also reported about 80 percent of hacking-related breaches were through stolen passwords or passwords that were easy to guess.  If your password is “password,” stop reading, immediately close your browser and change your password. 

Be safe,

 

Janet Horlacher

Principal, Janet McAfee

Tags:

General | Real Estate Market | Selling Your Home

Sell Now or Wait Until Spring?

by Chuck Roper 30. October 2017 06:10

Around mid-November, I am often asked whether it is a good time to bring a home on the market.  I consider the following:

1.       Inventory is Low = List Now.  Residential real estate is driven by supply and demand.  When supply is low, as it is now, Sellers have less competition for buyers.  When two or more buyers are competing for the same property, the price is going up.

2.    Inventory of Comparable Properties = Need More Data.  While inventory is low across the entire market, we must look at specifics.  What are inventory levels in your price range and in your neighborhood?  Your Realtor will drill down to only the areas and  price ranges, which are considered comparable.  We do have excess inventory in some categories, so you should be well informed before making the final call.

3.       Pool or outdoor amenity is an essential selling feature = Wait until Spring.   If your swimming pool or outdoor living feature is an essential reason for anyone to buy your home, you should wait until it is looking its best.   If waiting is not an option, I highly recommend providing photos which show just how lovely it looks.

4.       High lot value/possible tear down = List Now.   New home inventory is low and builders are anxiously scouring the market for good lots in good locations.  If your home could be a tear down, take advantage of current conditions and list now.

5.       Condo or Villa = List Now.  Currently, demand is strong for condos, villas and lifestyle communities.

6.       People buy homes every season of the year = List Now.  Remember, people will buy homes in every season.  Job transfers, promotions, marriages, changes in family situation happen all year.  A desirable, well priced home will sell any and every day of the year.

Janet Horlacher, Principal, Janet McAfee Inc.

Tags: ,

General | Real Estate Market

2017 St Louis Real Estate Market Update

by Chuck Roper 16. August 2017 08:44

With six months of 2017 residential sales data on the books, we examine pricing and segment trends in our St. Louis Real Estate Midyear Report.

In the first half of the year, residential unit sales have increased 2% and prices are up 4%.   Inventory is still hovering at critically low levels.  The lack of inventory is holding back unit sales in some of our strongest neighborhoods.  Low inventory also leads to a seller’s market with intense competition and multiple offers for well-priced homes, a phenomenon true in the middle and low price ranges.  Conversely, the luxury market (defined as homes over $1 million) has ample inventory.  In fact, we are seeing over 8 months of inventory in million+ dollar homes.  While luxury unit sales are modestly growing, prices for luxury homes are flat and in some cases compressed.  Older homes are especially subject to downward price pressure as luxury buyers demand newer floor plans, mint condition and the latest and greatest amenities. 

Click here to read our 2017 Midyear Market Report.

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General | Real Estate Market

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