Top 3 Real Estate Trends to Watch in The Second Half of 2022

The housing market has been on fire for the past couple of years! People have been buying houses in record numbers, causing prices to increase and inventory to plummet.

So, what do the housing trends look like for 2022? Keep reading to find out!

Low Housing Inventory

The total number of unsold homes was down over 16% in November 2021 compared to the year prior. That’s partly because many people are looking to buy right now, and fewer sellers are listing their homes for sale. Unfortunately, fewer houses mean it will be harder to meet buyer demand.

How To Find a Home in a Slim Market

  • Sacrifice some wants – be willing to compromise. Give up some “nice-to-haves” for “must-haves.” Find the least expensive home in the best neighborhood you can afford and upgrade it over time.
  • Expand your search – perhaps, the location you want to buy in is too competitive. Expand your search to neighborhoods you haven’t considered. You never know what gems are waiting to be found. Work with a real estate agent who knows the area and is familiar with your budget and lifestyle.
  • Get preapproved ASAP – You must get preapproved for a mortgage before you go house hunting. This is even more vital when the housing supply is low. Competition is going to be tough. You don’t want to lose out on the home to someone simply because they were preapproved and you weren’t.

The best homes are going to be bought up first.

Near the end of 2021, most homes spent 47 days on the real estate market. That’s about ten days less than the past year, and it looks like this trend will continue in 2022, but only for a little bit.

Over the past two years, the lack of housing inventory has created a logjam of would-be home buyers. It’s going to take time to work through this logjam of home buyers, some estimate a couple of months, but as long as we’re stuck in this logjam, home prices will continue to climb up.

What Do Slim Pickings Mean for Sellers?

Sellers are going to have less competition. Meaning, that even if your home isn’t necessarily appealing to buyers, you still stand a better chance of selling it in this current market. You could also have the upper hand regarding negotiations and final sales price. So, enjoy receiving multiple offers, picking the best one, and moving at a pace that best suits your timeline.

If you buy a new home after selling your current one, you won’t be in the driver’s seat anymore. Decide on the plans for your next home before you sell your current residence.

Home Prices Will Continue to Rise… Slowly

By the end of 2021, the national average home price rose to $363,700. However, the rate at which this increased slowed toward the end of 2021. It’s expected that the prices will continue to grow in 2022, but much slower than we’ve seen in the past couple of years.

What Do Higher Prices Mean for Buyers?

In an expensive market, it’s crucial that you are entirely aware of how much you can afford. Commit to staying within that budget despite the pressure to expand it.

To help you feel confident buying a house in 2022, follow these steps:

  • Limit your house payment to no more than 25% of your monthly take-home pay – your house payment includes principal, interest, property taxes, homeowners insurance, and if your down payment is less than 20%, private mortgage insurance (PMI). Don’t forget about homeowner’s association (HOA) fees.
  • Save at least 10 to 20% for a down payment – We recommend at least a 10% down payment because anything less will leave you to your neck in interest and fees. Putting 20% or more down is better because you can avoid paying PMI.
  • Go with a 15-year fixed-rate conventional mortgage – this is the lowest cost loan. The 30-year mortgage, FHA, VA, USDA, and adjustable-rate mortgages will only charge you thousands of dollars extra in interest and fees, keeping you in debt for decades.

What Do High Prices Mean for Sellers?

Of course, rising prices are a good thing for sellers! If your home is on the market, expect a nice profit. This is excellent news if you have to buy a new home following the sale of your old one. You’ll need those extra funds to cover the rising costs.

To ensure you’re getting the most you can out of your home, wait for the best offer. If you have the time, take it. Remember, the less desperate individual always has the upper hand in negotiations.

Mortgage Interest Rates Are Still Low

A mortgage interest rate is the fee lenders charge as a percentage of your loan amount. For home buyers, it’s been nice and low.

The average rate for a 15-year fixed-rate mortgage dropped to 2.2% in January 2021. While they started rising towards the end of 2021 (closer to 2.4%), and they may continue to grow in 2022 slowly, they are expected to stay relatively low.

That said, in December 2022, a 30-year fixed mortgage rate sat at 3.11%. That rate was up to 5.27% in early May, the highest since 2009.

While still considered low compared to other years, the rising mortgage rates of 2022 will create downward pressure on the housing market. The higher rates will price out would-be home buyers, but it also means that some borrowers have lost their mortgage eligibility.

What Does This Mean for Buyers?

Low interest rates help with affordability but don’t let that pressure you into buying a home you aren’t ready for. It’s still a bad idea to purchase a home you can’t afford, even if the interest rates are low.

Remember to stick to a monthly payment limit, down payment amount, and mortgage type, and you’ll be fine.

What Does This Mean for Sellers?

Low interest rates mean buyers will be more motivated to buy your home sooner rather than later. However, if interest rates rise, expect your home to stay on the market longer.

The Massey Team at Berkshire Hathaway HomeServices Select Properties

Find your perfect home this year with the perfect real estate agent! In this market, it’s nice to have a helping hand guide you through the ins and outs of all the various trends that make it difficult to find your next home.

Contact us today by visiting our website at, or call us at (618) 791-5024 & (618) 791-9298.


Fun Things to Do in St. Louis This Summer

Make the most of these gorgeous summer days. St. Louis has a variety of exciting activities to enjoy with the whole family. Check out our list of things to do in summer for sure-fire ways to have fun right here in the Lou. Plus, with so many free options, you can have a blast without breaking the bank.

Go to Museums and Art Festivals

Conveniently, the museums listed here are in scenic Forest Park. This park spans 1,300 acres and has something for everyone.

The Saint Louis Art Museum hosts a varied collection of original works of art, spanning 5,000 years and 6 continents. Visitors get in for free every day and, on Fridays, the museum has free admission to special exhibitions.

Those looking for the only free nonprofit science museum in the US don’t have to look any further. The Saint Louis Science Center is one the largest in the US and has over 700 interactive experiences throughout 10 galleries, the McDonnell Planetarium, and a four-story OMNIMAX® Theater.

Entry into the Missouri History Museum is also free, and they have a hands-on gallery for kids. This museum looks into the history of St. Louis, from present-day all the way back to 1764.

For the history of America’s westward expansion with an emphasis on St. Louis’ role, check out The Museum at the Gateway Arch. This interactive museum has galleries spanning 1764 to 1965 and talks about the Native Americans, explorers, and pioneers who made America. Entry is free, but to get a birds-eye view of the city from the top of the Arch, a tram ticket is required.

Local art festivals include:

See Theater and Musical Performances

Sit under the stars or inside one of St. Louis’ grand theaters.

The Muny, founded in 1919, is America’s oldest and largest outdoor musical theater. They have 7 world-class musicals each year and welcome more than 350,000 theater-goers over each nine-week season. That’s not all; they also have arts education opportunities for people who want to pursue a hobby or a living in theater.

Additionally, the exquisite venue that is The Fabulous Fox, opened in 1929 and has touring Broadway shows, concerts, and comedians. People can also attend seminars, private parties, weddings, graduations, or proms.

Not long after, Stifel Theatre opened in 1934 and hosts a wide variety of events, from concerts and comedies to theatricals and family shows. Their space allows people to have weddings, Bar Mitzvahs, business meetings, fundraisers, and more.

The Saint Louis Symphony Orchestra was formed in 1890 and plays in the beautiful Powell Hall theater. This Grammy Award-winning orchestra is celebrated for its national and international touring activities, and commitment to educational and community outreach efforts.

Local theater and music festivals include:

Enjoy Food and Drinks

Have a taste of what the city offers with these beloved restaurants.

St. Louis landmark restaurant and music club Blueberry Hill is located in the bustling Delmar Loop. Ths bar and grill, known for its famous burgers and classic appetizers, has pop-culture memorabilia on display, live music regularly, and a legendary jukebox.

Pappy’s Smokehouse transformed the barbeque scene in St. Louis. Their pulled pork, brisket, and dry-rubbed ribs are slow-smoked for up to 24 hours over sweet apple or cherry wood, and they have three delicious sauces – Original, Sweet Baby Jane, and their spicy HooDoo Sauce.

Imo’s Pizza, nicknamed The Square Beyond Compare, is the quintessential St. Louis style pizza. The crust is thin and crispy, covered edge-to-edge with toppings and layered in Provel cheese. This popular cheese, a combination of cheddar, swiss, and provolone, dates back to 1947 when it was invented in St. Louis.

Local food and drink festivals include:

Say Hi to the Animals

Take a walk on the wild side at these top destinations for animal encounters.

Visitors of the St. Louis Aquarium, located in Union Station, are in for a splashing good time. The journey beings with the otters, sloths, and lizards that live in freshwater rivers and salt marshes, and moves to the octopus, eels, and jellyfish of the deep, dark ocean.

If you’re looking to walk through a butterfly habitat, the Butterfly House is home to 1,500 of them across 60 tropical species. Watch as they fly freely in an 8,000-square-foot glass conservatory and enjoy 150 tropical plants. The Butterfly House also has indoor insect exhibits, classes, and private events.

The Saint Louis Zoo is one of the few free zoos in the nation and is known for its innovative approaches to animal management, wildlife conservation, research, and education. This is home to over 14,000 animals. Come and see invertebrates, reptiles, amphibians, fish, birds, and mammals.

Grant’s Farm, operated by Anheuser-Busch, Inc., is named after former President Ulysses S. Grant, who founded and farmed a portion of this land. This is a refuge for more than 900 animals, big and small, from around the world. Enter for free and take a tram ride, feed the animals, and see the Budweiser Clydesdales.

Local animal festivals include:

Take the Kids

While you could take kids to any of the above venues, this list puts them at heart.

Kids can jump, dodge, and weave their way through Sky Zone. This indoor space has massive wall-to-wall trampolines, a trampoline dodgeball court, and a pool of huge foam squares made for daring stunts. Kids can dunk like a pro with basketball hoops of different heights that accommodate all sizes. 

Take the adventure outside with RYZE Adventure Park. Their 4-story tower, with 110 obstacles and 2 ziplines, is the ultimate jungle gym experience. Ages 4-7 can take the Little Ninja course and their parents or caregivers can watch or follow along. Visitors also have fun on the ground with their 18-hole mini putt-putt course.

Hundreds of interactive exhibits at The Magic House peak curiosity and spark imagination. Children engage in hands-on educational experiences that align with national and state academic standards. This promotes the all-important skills of creativity, critical thinking, and collaboration.

Find a Home in St. Louis With The Massey Team!

Whether you’re new to the St. Louis area or are looking to move to another part of the city, The Massey Team at Berkshire Hathaway HomeServices Select Properties has you covered! View our listings or call (618) 791-5024 or (618) 791-9298 to talk with a member of our team. We’ll help you feel right at home in our community.

7 Spring Cleaning Trends

It’s May, which means we’re well into the spring season. Spring is a time for rebirth. Flowers are blooming, fawns are taking their first steps, and you need to clean your home!

Spring cleaning is a must for everyone. It gives you a chance to purge your home of winter grime and vibes. That means cleaning the floors and changing out your drapes or throw pillows for something light and airy.

But where do you start?

Spring cleaning can seem intimidating, but it really isn’t. Look at this list of trends to help get you in spring cleaning spirit!

Make A Schedule

Think about what areas need the most work. Are there areas that you typically skip that needs some love? You should start at those places.

However, regardless of where you start, it’s paramount that you have a plan in place. Have a list of tasks that take more time and others you can accomplish in five minutes. You can complete a task every day until you’re done.

De-Clutter for Spring

Studies show that the more disorganized your home is, the more stressed out you tend to be! Clutter can raise the stress hormone cortisol, as it signals to your brain that there’s still work that you need to finish.

Because of the pandemic, we’re spending more time at home, which means it’s even more important to keep living and working spaces clear of clutter.

Go through junk drawers, closets, and dressers. Take out everything that doesn’t suit your needs any longer or is inappropriate for the season.

Go Green

Part of the purpose of spring cleaning is to make you feel better. You can’t do that if you’re spraying chemicals and toxins all over the place.

While they may clean your surfaces, some cleaners aren’t the best for you. Exposing yourself to dangerous substances is not worth it! A steam cleaner is an excellent green option for spring cleaning.

You can use a steam cleaner on your microwave, tile, hard floors, kitchen appliances, bathrooms, and outdoor spaces. They’re 100% natural and free of chemicals.

If you don’t own a steam cleaner, white-distilled vinegar, baking soda, and warm water is a natural combination that’s perfect for cleaning.

Work From Top to Bottom

It’s essential to work from room to room. However, where do you start in each room?

Start at the ceiling and work your way down. If you have dust on your ceiling, walls, or ceiling fan, it will fall to the ground. You don’t want to vacuum more than once, so make sure you start from the top and finish at ground level.

Don’t Forget About Your Walls & Windows

You probably don’t think about cleaning your walls and windows during your regularly scheduled cleaning, but they need TLC.

Use a damp towel to wipe down your walls, baseboards, and blinds (remember to start from the top). Remove and wipe down your window screens. For your windows, a steam cleaner and a squeegee can work wonders.

Keep Your Air Pure

If you haven’t recently, seriously consider replacing your furnace and HVAC filters. You can even replace a regular filter with a more robust one with a high MERV rating. This step will help keep you healthier as you welcome all the spring dust, dander, and pollen.

You can also get an air purifier for the different rooms of your home. It can help keep your air clean of allergens, odors, and indoor chemicals. These are especially useful in the bedroom for anyone that suffers from seasonal allergies.

Set A New Tone

Your space may feel dark and heavy after winter. Swap out the darker winter colors and fabrics for something that screams springtime! Add new colorful pillows, light and flowy drapes, and new bed linens. You can even swap out your towels and table linens for something that brightens your home and your day. Just make sure to clean and iron (if needed) everything before putting it out.

The Massey Team at Berkshire Hathaway HomeServices Select Properties

Are you looking for a new home this spring season? The Massey Team at Berkshire Hathaway HomeServices Select Properties is here to help. We can help you find the home of your dreams. Simply visit our website today to look at our listings, or give one of our team members a call at (618)791-5024 or (618)791-9298.

Credit Scores—What Do They Mean and How are They Changing?

Credit scores, every U.S. adult has one. But what do they mean, and how does your credit score affect you?

Credit scores may seem complicated, but they’re really just a summary of your financial history. Keep reading to learn why curating and maintaining a good credit score is best for you.

What Is a Credit Score?

The Fair Isaac Corporation, also known as FICO, launched the first credit score model with Equifax in 1989. A credit score is a number rating between 300 and 850 used to determine a consumer’s creditworthiness. Other credit-scoring systems exist. However, financial institutions most widely use the FICO score.

What Determines Your Credit Score?

The higher your credit score, the better a consumer looks to potential lenders. FICO bases its credit score model on:

  • Payment history – accounts for 35% of a credit score; shows if an individual pays their bills on time
  • The total amount owed – accounts for 30% of a credit score; considers the percentage of credit available to an individual that the individual is currently using
  • Length of credit history – accounts for 15% of a credit score; the longer the credit history, the more information there is to determine payment history
  • Types of credit – accounts for 10% of a credit score; shows if an individual has a mix of installment credit and revolving credit
  • New credit – accounts for 10% of a credit score; factors how many accounts an individual has, how many accounts they have recently applied for, and when they opened the most recent accounts

How Does Your Credit Score Affect You?

Credit reporting companies separate credit into five categories:

  1. Excellent (800 to 850)
  2. Very Good (740 to 799)
  3. Good (670 to 739)
  4. Fair (580 to 669)
  5. Poor (300 to 579)

An excellent credit score will help you get lower-rate loans, better car insurance rates, and easier approval to rent a property. A person’s credit score may also determine how much of a deposit one may need to put down for a smartphone, cable service, or utilities.

How Are Credit Scores Changing?

Four significant changes are coming this year.

  • Removing Most Medical Debt from Credit Reports

Starting July 1, 2022, medical collection debt that you paid (bills that were given to a collection agency but eventually paid) will no longer appear on credit reports. Also, starting July 1, consumers will have one year to fix insurance or billing issues before the unpaid medical debt is reported on their credit files. Currently, this period is only six months.

Also, in the first half of 2023, credit bureaus are to start omitting all medical collection debt under $1,500 from credit reports. This is estimated to remove about 70% of medical collection debt from credit reports.

  • BNPL Accounts to Be Added to Credit Reports

BNPL, or buy now, pay later, allows consumers to purchase items through installments that span several weeks or months, usually with no interest. However, the credit bureaus may classify BNPL accounts as short-term loans, which can lower your score. This is terrible news for the nearly 100 million U.S. adults that used BNPL over the past year.

  • Free Credit Reports Through 2022

During the beginning months of the pandemic, credit bureaus began to offer free weekly credit reports. Before the pandemic, you could only receive one free report from each bureau per year.

While this offer was supposed to expire as of April 20, 2022, credit bureaus have extended it to last through December 31, 2022.

It’s beneficial to check your report at least once a year. However, if you are a victim of identity theft or know that you have debt that needs to be paid, it’s best to check your score periodically to ensure it hasn’t gone down for a reason you’re not aware of.

  • Transitioning to FICO 10

In January of 2020, FICO updated its model from FICO 8 and FICO 9 to FICO 10. “The new FICO score is reported to give more weight to rising debt levels, higher debt utilization (the ratio of the amount you borrow relative to the amount of credit available to you), and late payments. Unsecured personal loans are also being reconsidered,” according to Schwab.

It’s expected that this new FICO model will cause points to fluctuate about 20 points in either direction. If you already have excellent or very good credit and take steps to build it, you have nothing to worry about. These changes are expected to widen the gap between those with good credit (670-739) and those with bad credit (below 580).

Why Do You Need a Good Credit Score?

Good credit makes it easier for you to get approved for better credit cards and loans for purchasing things like cars and homes. Without a good credit score, you risk higher interest rates, smaller loans, or not even getting approved for a loan at all.

To improve your credit, you should:

  • Pay your bills on time
  • Up your credit line
  • Keep credit card accounts open (even if you don’t use them)
  • Only open new lines of credit periodically (not all at once)
  • Work with a credible credit repair company

Prepare For Your New Home Today!

Excellent credit is vital in obtaining a loan for your dream home. Check your credit score periodically and follow the steps listed above, and you should be golden when it comes time to make a big purchase.

At The Massey Team at Berkshire Hathaway HomeServices Select Properties, we can help you take that giant leap into the unknown waters of home buying and owning. We know it can seem intimidating at first but trust our expertise, and we’ll help you every step of the way.

To view our current listings, visit our website today! If you would like to contact a team member, call us at (618) 791-5024 & (618) 791-9298.

What Is Title Insurance?

When buying a home, one of the most vital steps in securing ownership is obtaining the title. Obtain title refers to the buyer receiving ownership rights for the property from the seller. So, why would you need a title insurance policy? Keep reading to find out.

Why Do You Need Title Insurance?

Generally, title insurance is an insurance policy that protects homebuyers and lenders from a bad title. A bad title could mean there are outstanding liens, back taxes, and/or conflicting wills. Overall, a title insurance policy protects the buyers when the title to a property is invalid.

How Does Title Insurance Work?

There are two types of title insurance:

Owner’s title insurance

You are not required to purchase owner’s title insurance, but it is highly recommended. It can protect you from:

  • Conflicting ownership claims
  • Outstanding liens, lawsuits, and other encumbrances that invalidate the seller’s legal claim to the property
  • Flawed or fraudulent records
  • Undisclosed easements or other agreements that might limit the use or reduce the value of the property

Trust us; it’s wise to purchase owner’s title insurance. You don’t want to be stuck with extra fees, fines, and more leftover from the previous owner. Owner’s title insurance is a one-time fee that lasts as long as you own your home. So, we think it’s definitely worth it!

Lender’s title insurance

A lender will almost always require a borrower to purchase lender’s title insurance before receiving a home loan. The title company will typically issue the policy once they have concluded their title search.

Lender’s title insurance does everything that owner’s title insurance does, except it protects the lender against potential losses if the seller cannot legally transfer title rights. The policy will cover the lender up to the amount of the mortgage.

What Is Warranty of Title?

Warranty of title is an alternative to title insurance. It’s a guarantee by the seller that they have the legal right to transfer ownership to the buyer. If this turns out to be false (someone else also has a claim on the property), the warranty permits the buyer legal recourse against the seller.

Most transactions already include a warranty of title by default. However, it’s always vital to check.

How Much Does Title Insurance Cost?

It can cost anywhere between $500 and $3,500, depending on your geographic location and how clean the title is. If a title has too many defects, the title company may decline to offer a policy.

How Do I Get Title Insurance?

Many real estate companies will recommend a title company you can work with. However, you are always free to choose one of your own.

Typically, the process occurs in two steps:

  1. A title company performs a title search. This search ensures that the property you’re purchasing has a clear title, which means the seller owns the property and has the legal right to sell it.
  2. After the company finishes the search, it will assess any issues and potential previous undiscovered ones. They will base their quote on these issues.

Find Your New Home Today!

The Massey Team at Berkshire Hathaway HomeServices Select Properties will help ensure that you are well protected during and after the homebuying process. We want to make this process as straightforward and fun as possible. Buying a new home is an exciting time that shouldn’t be marred with the worry that back taxes or liens will rear their ugly heads.

If you’re in the market for a new home, you’ve come to the right place! Visit our website today to view our listings.

Do you want to get in contact with a team member? Give us a call at: (618) 791-5024 & (618) 791-9298.

Décor Trends For 2022

Although we’re only a few months into 2022, certain décor trends have already made their mark this year. We’ve noticed that people are creating change by embracing the past, showing off their bold personal style, and adapting to the challenges we’ve faced these past two years. If you’re looking for some exquisite décor inspiration, you’ve come to the right place. Read on for the décor trends of 2022.

Curved Furniture

Curves add comfort and calm to an environment, which we’re looking for in 2022. After spending so much indoors the past couple of years, we’ve realized we want a cozy living space that makes us feel safe and comfortable. The natural and sculptural structure of curved furniture adds a soft, feminine tone to the room without it feeling overdone. Plus, curves also lend well to big and bold designs. So, if you want to add pops of color, your curved furniture makes for the perfect opportunity.

Soft Earth Tones

People are looking for healing spaces that exude restorative and calming vibes. We expect to see earthy greens paired with other nature-inspired colors, like sky blues, warm browns, sandy beiges, and cloudy whites. We are embracing the therapeutic nature of the outdoors. Brown, in particular, seems to be making a comeback.

Brown has a powerful connection to all things nature. For this reason, many people are incorporating rich chocolate hues and lighter camel colors into their décor, like pillows and linens. The warm tones feel welcoming and are the complete opposite of the sterile gray. Gray has quickly become the color of cookie-cutter homes. On the other hand, brown feels unique and personal. Plus, it’s a popular color in mid-century modern design. People are calling on their retro roots and welcoming décor inspirations from the ‘70s and ‘80s.  

Fun Wallpaper

Funky, fun, and unique wallpapers add layers of interest to a room. This is especially important in rooms where you entertain. Yes! We said it. In 2022, we expect to see people entertaining more than in the last two years. So, why not give your guests something to talk about. Your goal is to make your surroundings feel more playful and lighthearted. Trust us; people enjoy a pop of color and some motifs that tell a story. There are so many different possibilities will wallpaper that everyone can find something perfect for them.

Create A Quiet Place

People are trading their open floor plans for pocket doors and even building walls to help segment their homes. In light of the pandemic, more people realize the need for quiet space away from the hustle and bustle of the rest of the home. While open-concept homes are still popular, people are finding ways to incorporate quiet sanctuaries as places to work, meditate, or simply relax in after a long day. Plus, the more closed rooms you have, the more creative you can get in decorating. Open floor plans typically lend themselves to safe, neutral colors. But if you’re looking to get bold in 2022, think about closing off some spaces around your home so you can incorporate eye-catching statement walls and eclectic finishes.

Traditional Touches

Picture this, a dark-wood canopy bed accompanied by an ornate mirror, velvet chairs, and maybe a couch trimmed with fringe. In 2022, we are looking to past for traditional touches and antique accents to make our homes feel stately, historical, and ironically modern. Many people are combining their contemporary furniture pieces with family heirlooms or antiques that stand the test of time. Many people are also opting to put their money and time into vintage pieces that they can restore and make entirely their own rather than waiting months upon months for a couch that looks like all the others made these days.

Dark Kitchens

The moodier, the better. Dark greens, blues, browns, and, of course, black will be the ‘it’ colors for your 2022 kitchen. The whole point of creating a dark kitchen is to create a sophisticated, elegant, and glamorous space that’s perfect for inspiring five-star meals. Don’t be afraid to experiment with countertops, either. Dark granites, marbles, and quartzites are sexy, mysterious, and will add a cohesive feel between them and cabinets and the walls. However, although dark is in, don’t be afraid to add pops of light in painting or two or some gold, brass, and copper fixtures. It’s all about balance.

Kitchen Banquettes

Kitchen banquettes are making a comeback in 2022, and we’re so happy to see it. Not only do kitchen banquettes add a sense of coziness to the room, but it helps make the kitchen feel like the heart of the home. It also gives people a place to sit and keep the cook company while they work. These chic space-savers are a must if you’re looking to remodel your kitchen anytime soon.

Personalized Tableware

It’s time to start thinking of how we want to express our style and flair as we welcome guests back into our homes. That includes how we set our dining table! The art of tablescaping is quickly becoming revered by designers everywhere as not only an art form but an instrument of self-expression. In 2022, we expect to see a mix-match of color and other details. Collect different artisanal serve ware and patterned linens. Mix up plates, tablecloths and placemats, glassware, and silverware to make the dining experience feel fun and eclectic. To create some uniformity, either follow the same color scheme throughout your pieces or ensure that each piece represents a different part of the same style. Most importantly, do forget to have fun with it!

Find The Perfect Real Estate Agents Today!

Working with The Massey Team at Berkshire Hathaway HomeServices Select Properties will ensure you work with real estate agents that have your best interest at heart. We care about you and your future home. For more information about our team, visit our website. For questions about our services, please call us at: (618) 791-5024 & (618) 791-9298.

Home Buying Outlook For 2022

The home buying process has been crazy the past couple of years. Between a pandemic, increased housing prices, global supply chain issues, and skilled labor shortages, the ability to get your foot in the door has been difficult. This is especially true for first-time homeowners, who must combat bidding wars, speculators, and older homeowners with more income to pay for the rising prices. If you’ve been stressed out, thinking about when the best time to purchase a home will finally come, well, we have some good news. Keep reading for 2022 home buying predictions that might have you ready to make a move.

Expect More Inventory

In recent years, supply chain issues and labor shortages have meant that housing shortage is an issue even in the most competitive market seen since a decade ago. This shortage has jacked housing prices up and has pushed homebuyers into unbelievable bidding wars. In 2022, expect a shift back towards normalcy. According to Lawrence Yun, chief economist of the National Association of Realtors (NAR), housing supply and demand will move towards stability. This will cool off the competition. While we still expect 2022 to be a seller’s market, buyers expect more inventory come spring. Housing prices will still increase, but at a much slower rate than previously seen.

Mortgage Rates Will Rise (But Remain Low)

The Fed predicts up to three interest rate hikes in 2022, which will increase mortgage rates. Daryl Fairweather, the chief economist for Redfin, claims that mortgage rates are likely to rise from 3% to 3.6% by the end of 2022. While mortgage rates will remain historically low, the increase may pose new affordability challenges. If you foresee this being problematic for you, early 2022 is the best time to buy.

Demand Will Be Strong

Millennials and even some of Generation Z are at the perfect point in their lives to purchase their first home. However, Boomers are living longer than ever, which means they are staying in their homes longer than ever before. However, with rent prices expected to rise another 7.1% this year, people are looking to move into a more permanent location so they can save money. On the bright side, the average price growth of homes for sale is expected to rise only about 3%. This low-price growth will most likely discourage speculators from entering the market, giving first-time homeowners more chances of securing a home. Overall, expect healthy competition, but be optimistic. Increased employment rates and higher wages will help you make these important purchases.

Climate-Conscious Home Buyers

With the weather becoming more unpredictable, home buyers will be thinking about climate change and how their new home can reduce their carbon footprint. We expect home sellers to make significant investments in climate-change resilient home features in the coming years. You may also see more new construction that is more energy-efficient and durable when it comes to extreme weather.

People Want Real Estate Agents

With the pandemic came homebuying online. Virtual home tours overtook traditional walk-throughs. However, what hasn’t changed is the need for a real estate agent to help make the buying process easier. Real estate agents offer emotional investment and industry understanding. Wanting an all-in-one buying experience became the norm in 2021 and is only gaining momentum in 2022.

Real Estate Agents You Can Trust!

The Massey Team at Berkshire Hathaway HomeServices Select Properties offers premier home buying and selling services. We only want the best for our clients. Our job is not just to find a house for you but also a home. We dedicate ourselves to making your dreams a reality. Visit our website to view our listings! If you need a reliable real estate agent, contact us at: (618) 791-5024 & (618) 791-9298.

Top 5 Renovations That Add Value to Your Home

Why do we renovate our homes? Is it because we want to keep up with modern trends, or perhaps some of our more functional home areas aren’t that functional anymore? Many people decide to renovate their home because they want to increase their home’s value, so when it comes time to sell, they’re selling it for more than they bought it for. To do this, you have to be strategic on which projects you decide to undertake. You see, each project will have a return on investment or ROI. That ROI is how much you increase your home’s value. So, which renovations will get you the most bang for your buck? Keep reading for the top five renovations that add value to your home.

Install A New Garage Door

On average, a new 16- by 7-foot garage door costs about $3,907 and has a 93.8% ROI. That means you’re increasing the total value of your home by about $3,663. Now, this is dependent on certain circumstances. Is your garage door outdated and/or damaged? Then replacing it could be an excellent move for you. For many people, the garage door is a focal point on the face of the house. By improving the appearance of your garage door, you’re also improving your overall curb appeal. If your door is dented and outdated, it’s going to drag the rest of your home down with it.

Build A Wooden Deck

The average cost of a new wooden deck is about $10,000. Multiple studies have estimated that the ROI for patios and decks can exceed 100% based on the size, materials used, labor costs, and geographic location. Remodeling Magazine’s annual Cost Vs. Value Report from 2007 found that adding a wooden deck is the most cost-effective home improvement project for a mid-range home. As mentioned, geographic location plays a significant role in how high your ROI will be. If your home’s location is in a warmer climate, you’re going to get more out of your investment. You can also drastically increase your ROI by reducing labor costs, and in terms of pure home resale value, wooden decks provide the best ROI. However, you must maintain your wooden deck to keep its high ROI.

Complete A Minor Kitchen Remodel

A kitchen remodel can cost anywhere between $4,500 and $60,000. To save money, you’re going to need to go with some cheaper alternatives and do some of the labor yourself, like painting or demo, but it is possible to keep your kitchen remodel in a reasonable range. The national average cost for a kitchen remodel is $25,500. This investment may be worth it because about 80% of buyers consider a newly updated kitchen an influencing factor in selecting and valuing a property. The standard ROI for a mid-range kitchen remodel is 50% and 60%. If you opt for a minor kitchen upgrade, the estimated ROI increases from 75% to 80%. For example, if you spend around $24,000, your ROI is between $16,800 and $19,200. Your geographic location also plays a role in how high your ROI will be. For instance, if your home is in the Pacific region, your expected ROI is 93%. However, the national average lies around 68%. Important kitchen updates that add value to your home include:

  • Cabinet refacing and refinishing
  • Update your countertops
  • Add a modern tile backsplash
  • Invest in new kitchen appliances
  • Install new kitchen light fixtures
  • Install a new kitchen sink and faucet

Siding Replacement

This home improvement project can add significant curb appeal, thus, increasing the overall value of your home. Siding has two main jobs: looking beautiful and acting as a protective barrier for your house. Damaged or old siding can lead to deterioration of walls, mold, issues with your home’s structural integrity, and high energy costs. The two main types of siding you can choose from are vinyl and fiber cement.

Vinyl is one of the most common siding options. Many people choose it because it’s cheaper to install and comes in many different colors. The average ROI for vinyl siding replacement is about 75%. However, you should know that vinyl siding is vulnerable to cracking, and once a panel is damaged, it must be replaced, not repaired.

Fiber cement siding is a good choice if you are looking for a durable wood alternative. This is a step up from vinyl. That means it will be more expensive, but it may be worth it with an average ROI of 83%. While this versatile material is fire resistant and protects against pests, remember, it will cost more and tend to hold onto moisture.

Replace Carpet with Hardwood

Hardwood is a clean, classy, and elegant flooring option that, when done right, can help boost your home’s value. When most people see hardwoods, their eyes light up. However, achieving a high ROI when replacing your carpet with hardwood floors depends on how the hardwoods match the rest of the house. You don’t want the floors to make the room look small or narrow, and the décor and other design elements throughout the house should complement the hardwood floors. If done right, you should expect an ROI of about 75%.

Are These Renovations Right for You?

When renovating your home, you should always think about your ROI.  These renovations are perfect for people looking to boost their home’s value. However, just because these projects have the potential to yield a high ROI doesn’t mean you have to do them. Maybe your garage door is already in tip-top shape and doesn’t have to be replaced. Or perhaps you already have a wooden deck, in which case you must maintain it to keep the current value of your home. In any case, look at this list of possible avenues you can explore when it comes time to get your home ready to sell.

The Massey Team at Berkshire Hathaway HomeServices Select Properties

Get ready to sell your home with The Massey Team at Berkshire Hathaway HomeServices Select Properties. Real estate agents can help pinpoint which aspects of your home you can upgrade to boost its value. We can provide designers, contractors, and more leads to make your home improvement projects possible. Visit our website to view our listings or call our team members at (618)791-5024 or (618)791-9298 for more information.

Home Office Design Trends of 2022

With more people working from home than ever before, we’re seeing quite the resurgence in the home office. People are overusing their closet, dining room table, or the corner of their bedroom as a makeshift office—those who can are finding a dedicated space where they can be productive all day long. People are getting creative with their spaces, from large desks to accent chairs that take away that corporate feel. Keep reading to learn more about the home office design trends of 2022.

Large Desks

No, we aren’t talking about the hulking piece of wood that used to be the center of everyone’s office, but we are talking about something that provides enough space. As people come to terms with the fact that they’ll likely be working from home for the foreseeable future, they realize they need a space that can handle all their work. No longer should you delegate yourself to a writer’s desk with only your laptop in hand. Find a spacious desk that matches your style and allows you to spread out. You should be able to use a desktop computer and any other electronics or supplies you need to be successful. These larger desks will help you stay organized and make you feel more in control of your space.

Room to Relax

Working from home can be an all-consuming activity. You can sit down and work for hours without realizing it. Or you don’t realize it until you’ve got that crick in your neck that just won’t go away. That’s a sign that it’s time for a break, but where do you go? What if your partner works in the other part of your home, or your kids are attending online school? For this reason, many people are finding spaces large enough to handle a small sofa or a couple of comfy accent chairs. That way, when you need a few minutes to decompress in between phone calls or meetings, you have a dedicated area where you know you won’t be disturbed.

These sofas and chairs are also a great way to include your style into the room. Find something colorful that brightens your day or look for something classic that’ll never go out of style. Rounded furniture and curved edges are very in right now and fabrics that please the senses, like velvet. Or perhaps you want to go with something that reminds you of nature? A light-colored linen piece(s) with wooden hardware will leave you feeling calm and collected, ready for the workday.

Unique Touches

Whether through furniture, a statement wall, or an eye-catching rug, people are looking for unique pieces that make their space feel more personal rather than corporate. Now, you don’t want to overwhelm the space with too many trinkets like clocks or fake plants. All those things can get quite distracting when you should be trying to focus on the work at hand. In 2022, designers are seeing more people incorporate colors like pastel blue and rose gold into their spaces. These light colors work well in a work environment because they keep the room feeling airy and bright. This is especially helpful if you don’t get a ton of natural sunlight in your office.

Hide Your Gadgets and Chargers

In this fast-paced world, all we ever want is to ensure everything we need to get the job done is available and accessible. A prime example of this is wireless chargers, which you can incorporate in natural ways that add to rather than distract from your décor style. And after a long day of work, people are looking for a way to hide their office materials. Integrated laptop drawers and outlet covers help you create a multi-purpose room, which is very in now. It’s these touches, mixed things like sofas or accent chairs, bookcases, art, and other personal details that help you turn your home office into a library or lounge in a matter of seconds.

Easy Exercise Equipment

Now, more than ever, it’s essential that keep ourselves moving from time to time. We’re no longer gaining the benefit that comes with the daily commute. For many of us these days, it only takes a few steps to get to the office, and odds are we aren’t moving around during the day. For some people, it’s as simple as going for a walk during their lunch break. But, if you find yourself struggling to get in your daily steps or sitting more than you’re standing, incorporating certain exercise equipment in a room you visit five to seven days of the week may be just the reminder you need to stay active.

You might be thinking that exercise equipment may be too bulky to fit into a home office. However, exercise equipment options can accommodate even the smallest of spaces. Many companies have come out with compact, sleek stationary bikes that can fit into any corner. Mirror home workout systems have also hit the mainstream in 2022, which can fit seamlessly into your design. However, the yoga mat is perhaps the most versatile yet straightforward exercise equipment you can use in your home office. A yoga mat can fit just about anywhere, and when you’re not using it, storing it is as simple as rolling it up and placing it in a cabinet or basket to keep it out of sight.

Find The Perfect Home Office Space Today!

Are you looking for more space? Well, The Massey Team at Berkshire Hathaway HomeServices Select Properties can help you! We’re dedicated to our clients and work efficiently to make sure they find their perfect home. We realize how important comfort and space are these days, so why not work with us to find the home of dreams? Visit our website to view our listings and call us at (618) 791-5024 & (618) 791-9298. We can’t wait to hear from you.

Introducing Pantone’s Color of the Year 2022

Pantone’s color of the year for 2022 is Pantone 17-3938, otherwise known as Very Peri! This unmistakable shade of periwinkle with “vivifying violet, red” undertones is the first color of the year ever to be entirely created by Pantone. According to Pantone, Very Peri displays confidence and sparks curiosity that lends itself to a creative spirit. Ultimately, Pantone chose Very Peri for its ability to “help us embrace this altered landscape of possibilities, opening us up to a new vision as we rewrite our lives.” In other words, as we begin to emerge from a global pandemic, we must have the optimism and creativity to create a new normal in a world forever marked by social, political, and technological change. Companies like Microsoft have already embraced Very Peri, incorporating the cool yet luminous tone as a theme to put in your browser. Get ready for this mindful, warm, calming, and powerful hue to be everywhere this 2022. But just how significant is periwinkle? Keep reading to find out.

The History and Significance of Periwinkle

As described by author Katy Kelleher, periwinkle is the color of poison, modernism, and dusk. In her piece for The Paris Review, Kelleher writes about the origins of periwinkle and how a plant, characterized by a pale lilac color, once thought to be rejected for its poison became a beloved hue for impressionist and symbolist painters of the 19th century.

In 1922, periwinkle first appeared in English as a color-word. According to Kelleher, “It’s a nature word for a color most often found in nature,” which is poetic when you stop to think about it. Nature is truth, and art imitates nature, which can be said for today’s technology. However, it’s pertinent to point out that periwinkle has resided in painters’ toolboxes for much longer than 1922. Periwinkle made its most well-known debut in impressionist paintings, nestled under the violet umbrella. Artists like Renoir, Monet, and Pissarro utilized this dreamy color to evoke a sense of fantasy among the truth we see in everyday nature. Despite the critics’ disapproval of these “periwinkle monstrosities,” artists continued to paint their visions with periwinkle, a graceful and joyous violet-blue hue.

We look at the art of the impressionist and find it beautiful, thought-provoking, and refreshing. We don’t see what Monet’s critics did long ago. We see the fantastical representation of the beauty and creativity that exists in our nature. Today, instead of impressionists, we have social media and technology gurus that create impressions of life as we know it. Very Peri is a representation of that evolution from one medium to another. We are still the same fantasy-seeking artists of the past, but with technology that allows us to reach heights never before seen. That’s why, when we look at a color like Very Peri, we fill with wonder and optimism at the possibilities that the future holds. It’s a light in the darkness, and we’re so glad to see it.

How to Incorporate Very Peri in Your Home

Very Peri was born to make a statement, and its gender-neutral qualities make it fit for any room. From bedrooms and nurseries to kitchens and living rooms, Very Peri is sure to help you feel mindful, warm, and productive. Here are some ways to incorporate Very Peri in your home:

  • Accent walls are a great way to add a pop of color to the room. It helps draw the eye to a focal point while also telling a story. While the cooling effect of the blue calms us, the vibrant violet and red undertones add a little pep into the atmosphere.
  • Accessories help you add a pop of color without the commitment of paint. Buy some artwork or add throws and pillows to chairs and couches. Perhaps a rug with Very Peri accents is exactly what you need to brighten up the room.
  • Statement furniture is very in this year. People want to make an impression with their décor. Gone are the days of dull neutrals. Instead, incorporate a bold color in trending fabrics like velvet, linen, and jacquard.
  • Wallpaper is a great way to express creativity. Find intricate and fantastical wallpapers with touches of Very Peri. You don’t have to go overboard and cover an entire room, but people have started to accent their cabinet doors, entryways, and even ceilings with amazing wallpaper.

The Massey Team at Berkshire Hathaway HomeServices Select Properties

The Massey Team at Berkshire Hathaway HomeServices Select Properties wants you to enter the new year feeling hopeful for what the future holds. We are here to help you find what that future may look like with our dedicated team of realtors and wide selection of properties. If you are looking to take that step this 2022, you can contact one of our team members at (618) 791-5024 & (618) 791-9298 or visit our website at