autumn

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Kelly Clarkson, the first-ever American Idol winner and writer of early aughts hits such as ‘Since U Been Gone’ and ‘Because of  You’ is seemingly unstoppable. Her 2009 song ‘My Life Would Suck Without You’ still holds the record for the biggest jump to number one in the chart’s history, and she has hosted her own talk show since 2019. Kelly’s latest venture has brought her into the world of design, and we are here for it. One look at the Kelly Clarkson Home collection provides infinite fall decor ideas.

The Voice judge and mom of two became the world’s first American Wayfair brand partner in 2020, launching the Kelly Clarkson Home collection in 2022. This exclusive assemblage of furniture and decor is inspired by the artist and her Texan roots. The pieces are bright and stylish to reflect Kelly Clarkson’s personality. They also have a distinctly Southern flair inspired by their eponymous designer.

The chart-topping singer’s collection has all the pieces you could possibly need from living room furniture to dining room furniture, to lighting and decor, and even outdoor furniture. Each style is available in a range of colors, perfect for your fall color scheme.

sylvan extendable dinihg table by kelly clarkson home at wayfair

To celebrate the fast-approaching fall, we scoured the collection for the chicest, and coziest pieces from Kelly Clarkson Home at Wayfair.

Autumnal decor is all about warmth. Colors like browns and other warm neutrals, jewel tones, and deep burgundy reds come to mind: everything needed for a color scheme that mimics the changing of the leaves at this time of year. Cozy fabrics like luxurious cashmere and snuggly wool blends are also a must as a crisp chill creeps into the air. The Kelly Clarkson Home collection serves all of this and more.

From fall table decor to homey throw blankets, our top picks from the collection will get your home ready for spooky season. Shop below.

Weathered Pumpkin Set

This set of two waterproof pumpkin decorations is hand-painted in a weathered hue that makes them look like real gourds. The larger pumpkin is 6′ high and the smaller is 5′ tall. The weathered pumpkins make the perfect addition to all fall table setting.

Saffron and Light Gray Rug

A yellow, blue, and light gray rug will add a touch of brightness and coziness to your living room this fall. Made of polypropylene, this stylish rug is power loomed in Turkey to withstand significant foot traffic and stains. Available in several sizes for any room.

Remy Cotton Throw Pillow

This decorative pillow is your coziest cable-knit sweater in pillow form. The 20″ square cover is made of 100% cotton with a plush feather and down pillow insert included. The hand-curated by Kelly Clarkson pillow is perfect for snuggling up on the sofa or as a throw pillow on the bed.

Handmade Chunky Throw

This cozy, 100% acrylic throw blanket is perfect for nestling with a mug of tea this autumn. It is double-knitted by hand for a stylish, chunky look. The 60 inch length gives the blanket the perfect amount of drape on the couch or at the end of the bed. Available in 9 muted hues.

Cotton Table Runner

This textural table runner is made of ivory cotton for long-lasting style. The boho chic look of the tasseled ends and decorative pom poms grants this table linen a warm and cozy feel. Perfect for all of your fall dinner parties and long enough that it allows you to place an autumnal centerpiece on top.

Timber Pillar Candles

This 3-piece set of pillar candles comes in a stylish timber color, perfect for September and beyond. The clean burning candles are made of refined food-grade paraffin, large enough to burn for 100 hours. All wicks are made of 100% cotton from the United States.

Source: yahoo.com

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A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low.

Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. 7, down from last week’s 7.18%. By contrast, the 30-year fixed-rate mortgage was at 5.89% a year ago at this time.

“The economy remains buoyant, which is encouraging for consumers,” said Sam Khater, Freddie Mac’s chief economist. “Though while inflation has decelerated, firmer economic data have put upward pressure on mortgage rates which, in the face of affordability challenges, are straining potential homebuyers.”

Other indices showed higher mortgage rates this week.

HousingWire’s Mortgage Rates Center showed Optimal Blue’s 30-year fixed rate for conventional loans at 7.20% on Wednesday, compared to 7.07% the previous week. At Mortgage News Daily on Wednesday, the 30-year fixed rate for conventional loans was 7.33%, up from 7.06% the previous week.

Rates should continue to come down from their peaks, as the inflation and the jobs market are cooling, said Bright MLS Chief Economist Lisa Sturtevant.

However, high home prices and growing affordability challenges are the two factors weighing on prospective home buyers, said Sturtevant. She expects a market contraction this fall in the housing sector. 

MBA President and CEO Bob Broeksmit is of the same opinion:

“The housing market appears to be stuck heading into autumn, with sales activity likely to stay stagnant until housing inventory increases and mortgage rates decline to more affordable levels,” he said in a statement. 

In many markets, renting has become more affordable than owning

The balance between renting and owning in many markets has shifted toward renting as more new apartment construction comes online, noted Sturtevant. Moreover, declining rent prices will likely help move inflation back toward its target in the months ahead, added Realtor.com Chief Economist Danielle Hale.

“Looking ahead, the economy is nearing an inflection point, and mortgage rate volatility may continue until it is clear that the economic landing has actually occurred and we are not seeing a touch-and-go on growth that could reignite inflation,” said Hale.

Source: housingwire.com

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Homebuilders are poised for a strong next few months if recent history is any guide, based on data published last week by the U.S. Census Bureau and the Department of Housing and Urban Development.

Fall months in recent years have yielded higher home prices and less time on market for new homes than the rest of the year, with last September and October setting records in both categories.

As September approaches, 2023 is already showing tighter housing inventory for new homes and boasting more new home sales than 2022, which could bode well for homebuilders.

Quick sales

New homes typically lasted on the market for just a month and a half in September and October last year, based on the median values. That brief duration was the lowest median time on market since the measure was first recorded in 1975.

So far this year, the median time on market for new homes has been lower every month than the respective period in 2022, including July’s median of 2.3 months on market.

Rising prices

The median sales price for new homes has trended higher in each of the last two fall seasons and is trending upward already in 2023.

Last October, the median price reached $496,800, the highest in recorded history going back to 1963. However, this year’s prices have come in below their respective 2022 months since April.

More new home sales

Unlike the median sales price and median months on market, new home sales tend to dip in the fall, at least in recent years. But 2023 sales have significantly outpaced 2022 levels in recent months.

July tallied 59,000 new home sales, 34.1% more than in the same month in 2022. That total imputed a seasonally adjusted annual rate of new home sales of 714,000, up 31.5% year over year.

Tighter inventory

July was the first month so far this year in which the count of single-family new home starts was higher than the 2022 count. New homes on the market, meanwhile, have been below 2022 levels since April.

Months of supply — the number of months existing new home inventories would last without new supply — has likewise been below 2022 levels since April.

More sales for work started or completed

Homebuilders have worked frenetically since the early months of the pandemic.

The number of new single-family homes for sale fell more than 15% from March to October 2020, but then underwent an almost unbroken two-year streak of increases. This number reached 466,000 homes in October 2022, a 65.8% increase from two years prior.

That pace has moderated but has still remained above 425,000 new single-family homes for sale since then.

Buyers seem to be rewarding the effort, with the percentage of home sales accounted for by homes that have not started construction shrinking from 32% to 13% since January 2021, although that could simply be a function of the increase in new homes that are under construction or completed.

Of course, the past is never a perfect predictor of the future, and some homebuilders are skeptical that recent trends will continue. Homebuilder confidence declined for the first time this year in August.

In an effort to keep sales coming, some homebuilders are building smaller, more affordable homes, although some are skeptical that will overcome the headwinds of high mortgage rates.

However, new home sales are helped by even tighter inventories of existing homes, as recent mortgage application data show, and by a sticky housing shortage.

Source: housingwire.com

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California is known for its varied, lush landscapes, rich history, and high quality of life. It has 16 climate zones, ranging from dry desert basins and coastal hills, to snowy peaks and ancient forests. There’s a climate for everyone in California, which has made it a very appealing place to live. 

Weather patterns generally range from mild and wet in coastal metros like San Francisco, to more dry and extreme in southern and mountainous cities like Palm Springs and Truckee. However, weather can often turn into natural disasters like flooding, heat waves, and wildfires. When these happen, it’s essential to be prepared. So what are the most common natural disasters in California, how are they changing, and what can you do to prepare? Whether you’re planning a move to San Diego or are looking at apartments in San Jose, read on for everything you need to know.

1. California wildfires

Wildfires are the major disaster in California and have catastrophic impacts. They are by far the most common and destructive type of disaster in the state, and most years, California leads the nation in wildfires and acres burned. Most recently, the August Complex and Dixie Fires burned nearly 2 million acres.These fires cost hundreds of millions of dollars to fight, and created dangerous air quality across the Western US. 

California is also unique in how frequently fires affect people’s homes. From 2000-2019, over 70% of people living within the perimeter of wildfires in the US lived in California. Additionally, according to data from First Street Foundation, 71% (8.15 million) of properties in the state are at risk of being affected by wildfires.

The state’s dry season from spring through late autumn, combined with parched forests throughout the state, sets the stage for devastating fires that can spread incredibly quickly. Prolonged drought, heat waves, and windy weather are the primary causes of wildfires, which are becoming increasingly common as climate change progresses. Aging electrical infrastructure also plays a role. 

Wildfires can also devastate landscapes and hillsides, making them more susceptible to flooding, landslides, and mudslides.

How to prepare for wildfires in California

If you’re planning on moving to California or already live in the Golden State, preparing for wildfires is essential. Here are key tips to help: 

  • Create a defensible space around your property by removing flammable materials and trimming or removing dry vegetation.
  • Develop an emergency plan that includes evacuation routes and a communication strategy.
  • Install interior and exterior sprinkler systems, if you have access to enough water.
  • Install a generator to keep the power running in case of power outages. 
  • Stay updated on fire weather forecasts and follow all fire restrictions. 
  • Prepare for poor air quality by purchasing an air purifier and installing HEPA air filters on air conditioning units.
  • Assemble an emergency kit with essentials and valuable documents.
  • Ensure your insurance adequately covers fire damage, or, if the rising premiums are too high, understand the risks of going uninsured. Unfortunately, due to more frequent disasters, high interest rates, and a desire for less regulation, many insurance companies are no longer offering insurance to homeowners in California. 
  • Collaborate with your community to prevent fires. This is the most successful way to mitigate fire risk in your neighborhood.

2. California drought

Drought has been a severe issue in California for decades. From 2011 to 2022, the issue was extremely acute as reservoirs were drying up, prompting many water conservation regulations. California is one of many Southwestern states dealing with a megadrought that has plagued the region since 1990, primarily due to rising average temperatures and significantly reduced rainfall. 

However, because of record snowfall and a wet spring in 2023, most of California is no longer experiencing a drought. That said, this will likely be short-lived due to climate change, chronic groundwater overuse, and a declining Colorado River. 

Droughts differ from other natural disasters because they are often long-term events, rather than flooding or snowstorms that will generally pass in a day to a few weeks. However, the effects can be dramatic and significantly alter daily life. For example, some towns in the San Joaquin Valley have no access to fresh water and must rely on private companies and bottled water. 

Droughts can also increase the frequency and severity of other disasters, such as forest fires, dust storms, and heat waves.

How to prepare for drought in California

Because drought has already existed in California for decades, it’s important to adapt your lifestyle to accommodate lower water use and prepare for future restrictions. For example: 

3. California flooding 

California is known for its pleasant weather, but it’s actually very prone to flooding. In fact, from 1950-2017, floods prompted the second most disaster declarations, after wildfires. Floods have also affected people; 23% of properties in California have a chance of being severely damaged by flooding in the next 30 years.

A large portion of California is susceptible to flooding because much of it lies in an old lakebed and subsequent drainage areas. For example, a large portion of the Central Valley lies in an ancient lakebed that helped drain the Sierra Nevadas. Due to urbanization, dams, and agriculture, the lake was slowly drained and parts of it remain as dangerous floodplains during wet years.

In California, flooding is generally caused by dramatic rainfall, dam failures, snowmelt, and high tides. Most recently, from October 2022 to March 2023, California was battered by 31 atmospheric rivers, bringing record rainfall and snowpack to the state. While this dramatically improved the state’s drought outlook, it caused flooding and widespread damage. Flooding continued into the spring as the massive snowpack began to melt. 

Climate change is causing precipitation in California to fall more irregularly but intensely, leading to more flooding. 

How to prepare for flooding in California

Flood risks are different throughout the state, and preparation varies depending on where you live. For example, San Francisco and Sacramento are more susceptible to riverine flooding and levee failure, while Los Angeles is prone to flash flooding. Regardless, here are a few tips to help you prepare for floods:

  • Review the flood risk map for your area to see your potential risks.
  • Consider flood insurance if you’re in a high-risk zone. 
  • Keep emergency supplies on hand, including non-perishable food, water, medications, and important documents. 
  • Elevate valuable items in flood-prone areas of your home, and install sandbags or barriers if necessary.
  • Stay tuned to weather forecasts and alerts, and have a communication plan with your family. 

4. California landslides and mudslides

Landslides pose a significant risk to homeowners in California. They are a particularly bad natural disaster in regions with steep terrain, on the coast, and areas that have been affected by wildfires. Factors such as heavy rainfall, earthquakes, rapid snowmelt, and even construction or excavation can trigger landslides. Mudslides are similar to landslides and can develop in tandem or on their own after heavy rainfall or snowmelt. Importantly, mudslides are generally caused by weather events, as opposed to landslides which can be caused by naturally shifting rock.

Many areas of Southern California are at a higher risk of landslides and mudslides due to more severe fires followed by heavier rains. And as the fire season gets longer and the rainy season gets shorter but more intense, this is expected to worsen. Small landslides will now likely occur throughout the state every year, while major landslides are expected every 10-13 years. 

How to prepare for mudslides in California 

The most important part of preparing for a landslide is thinking ahead and familiarizing yourself with the landscape. Importantly, don’t build a home or structure near steep slopes, close to mountain edges, or along natural erosion valleys. This helps you minimize your risk without retrofitting or additional procedures. Here are some additional tips to help: 

  • Consult a professional for retrofitting, such as flexible pipe fittings.
  • Plant ground cover on slopes, and build retaining walls around your property. 
  • Build channels or deflection walls to direct mudflow around your home. However, if you build walls that direct flow into a neighbor’s property, you may be liable for damages. 
  • Consider purchasing additional insurance coverage, as standard homeowners insurance policies generally don’t cover damage from landslides or mudslides. If the landslide was the result of an earthquake or flooding, earthquake insurance or flood insurance may cover it. 
  • Stay alert during periods of heavy rain or seismic activity and follow any warnings from local authorities.
  • Recognize warning signs, such as new or widening cracks in your home’s structure, bulging ground, or unusual sounds.

5. California snowstorms and blizzards

Winter storms and blizzards are significant concerns in California, especially in the Sierra Nevadas. Recently, in February and March 2023, a string of storms brought many feet of snow to a majority of the state, prompting blizzard warnings throughout the state, including San Diego and Los Angeles counties. However, even though the storms were destructive, they helped increase the state’s snowpack to a record high. 

In California, snowstorms often come from atmospheric rivers hitting the tall Sierra Nevada mountains. Sometimes, storms can also affect the San Gabriel and San Bernardino mountains. These can bring many feet of snow over the course of a few hours to days, leading to road closures, power outages, downed trees, stranded travelers, and limited access to emergency services. 

Snowstorms can also turn into blizzards, which means that there are high sustained winds and low visibility (below ¼ of a mile for at least three hours). 

How to prepare for snowstorms and blizzards in California

Preparing for severe winter weather events is crucial to ensuring your safety and minimizing impact on your home and family. Here are a few tips to help you prepare for winter:

  • The first thing you should do is winterize your home by inspecting your roof, clearing gutters, cleaning your chimney, insulating your attic, checking your heating system, and insulating your pipes.
  • Update your emergency kit to include extra warmth. 
  • Keep a supply of firewood or alternative heating sources in case the power goes out. 
  • Equip your vehicle with chains, extra blankets, a shovel, and emergency supplies. 
  • Stay updated on weather forecasts and make sure you have a reliable method of communication.

6. California earthquakes

Earthquakes are a major risk in California. The state is home to over 15,700 fault lines, and many regions experience dozens of tiny earthquakes every day. If you move to the state, you’ll likely live within 30 miles of an active fault zone. Additionally, many Californians are anxiously awaiting the next “Big One,” which is predicted to occur along the southern section of the San Andreas Fault and would likely be devastating. 

There have been 16 notable earthquakes since 2010, with the most recent being the Ferndale quake in 2022. The California State Government offers an interactive map that shows all fault lines in the state, along with cities at risk. If you’re planning on moving to California and want to avoid areas at risk of shaking, use this map to help. 

How to prepare for earthquakes in California

Earthquakes are irregular but destructive and can cause significant damage to structures, utilities, and water systems. Main shocks can last for minutes, while aftershocks can last for years. They can also strike suddenly, at any time, with only seconds of warning, so preparing your home is critical. Here are a few tips to help: 

  • Purchase earthquake insurance to cover some losses in the event of a quake. This is a separate policy that you purchase in addition to regular homeowners’ insurance. It’s also available to renters.
  • Download the MyShake App and make sure you have a durable, charged communication device in case of an emergency. 
  • If you rent, ask your landlord about the building’s seismic history. 
  • Practice drop, cover, and hold on, so you are ready when a quake hits. 
  • Keep your emergency kit stocked, updated, and accessible. 
  • Anchor heavy items to the wall, strap down expensive electronics, and secure small valuables. 
  • Brace your water heater according to state law
  • Ensure your gas lines have flexible connections.
  • If you live in a house built before 1980, it will likely need to be retrofitted. Don’t do this yourself; hire a seismic retrofitting professional. 
  • If you live near the coast, you should also prepare for a possible tsunami following an earthquake. Understand your evacuation routes and be on the watch for official warnings.

Final thoughts on natural disasters in California

California’s climate is known as the land of extremes. Winter storms, summer heat, earthquakes, landslides, drought, wind, and more make it a varied and unpredictable place to live. While it has historically been one of the top migration destinations, recently, it’s a state many people are moving out of (partly due to the high cost of living in coastal cities). Because of this, the state’s population has declined by over 1.5% since 2020.

If you’re considering moving to California or already call the Golden State home, make sure you’re prepared for natural disasters and long-term weather events. Understanding your risks and adequately preparing are helpful to make the most out of living in California. The National Weather Service also offers an experimental map that shows all forecasted risks for the upcoming seven days. 

Lastly, many natural disasters are worsened by climate change. So no matter how you prepare, reducing your carbon footprint and fighting for systemic change are the best long-term solutions. 

This article is for informational purposes only. Individual results may vary. This is not intended as a substitute for the services of a licensed and bonded home services or disaster prevention professional. Always seek expert advice and follow all official guidance before, during, and after a disaster.

Source: redfin.com

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With searches for Victorian decor rising by 850% in the last month alone, it is safe to say that Victoriana is having a bit of a moment. But while Victorian clothing with its high lace collars and puffy shoulders is widely known, the era’s decor style not so much. So what is the Victorian home decor trend? 

If you’re a diehard minimalist then Victorian decor is probably not going to be to your liking. The era spanning the years 1837 to 1901 is defined by a dark and moody aesthetic. It is a maximalist style of bold (but still dark) florals, patterns and colours. It might also be tied to the grandmillennial interiors trend that’s all about nostalgia and looking to our grandparents’ traditional houses for home decor ideas.

House of Hackney, a furnishing brand that sources much of its inspiration from the Victorian aesthetic.

Juliette Thomas, founder and director of interior design company, Juliettes Interiors, adds, ‘Jewel tones such as burgundy, emerald green, royal blue and rich reds exude Victorian style, whilst florals, velvet and paisley are three of the most easily recognised Victorian prints.’

(Image credit: House of Hackney)

Tom Revill, co-founder of Plank Hardware, chimes in, ‘The style often features heavy and intricate fabrics, like velvet and silk, in deep rich colours. These fabrics were used for draperies, upholstery and furnishings, adding a sense of luxury to the space.’

You can apply this trend to furniture too as the era favoured dark wood and ornate detailing.

‘Ornate furniture with intricate carvings, embellishments and heavy wooden elements with dark finishes are also heavily influenced by the Victorian era,’ confirms Juliette.

Steve concludes, ‘Rich Gothic detailing and architectural detail typify this era with the romance of this style still being popular today.’

Where does this trend come from?

(Image credit: Juliettes Interiors)

But who and what should we credit with the Victorian decor’s rise in popularity? Could it be because increasingly more people embrace vintage furniture and decor styles as we’ve seen recently with the bobbin home aesthetic trend?

Tom weighs in, ‘Vintage furniture appears to be taking the design world by storm this season. The revival of retro furniture styles, driven by a wave of nostalgia, is undeniably gaining popularity and allowing people to step away from the greys and beiges that have long dominated interiors.’

’The resurgence of vintage furniture may also be in response to contemporary period dramas entering the mainstream, like Bridgerton.’

How can you incorporate Victorian decor into your home?

(Image credit: House of Hackney)

If you take to Victorian decor and wonder how to incorporate these elements into your interior, then our experts offer some home decor ideas.

‘If you’re a fan of bold pattern and texture, you can incorporate it into your design scheme in a few ways – from an ornate sofa and paisley curtains and to darker, moodier hues via your curtains or a large rug to create a statement,’ Juliette recommends.

Tom of Plank Hardware has a few more ideas, ‘You can implement this in your living space by using a dark colour scheme and painting all of your walls the same shade, including the ceiling.’

(Image credit: Plank Hardware)

He also suggests adding brass hardware and shaker style kitchen ideas and cabinetry to your home, ‘With its warm golden hue, brass was widely used to create a variety of functional and decorative elements throughout homes during this period – brass handles, door knobs, hinges, and keyhole plates.’

‘Shaker-style cabinets are a key element in Victorian kitchens, known for their timeless and classic design. The simple, clean lines and unadorned look of Shaker cabinetry contribute to a design that can easily fit into various interior styles, from traditional to contemporary.’

We think that this dark, moody and cosy trend is perfect for the coming Autumn and Winter seasons.

Source: idealhome.co.uk

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If you purchase an independently reviewed product or service through a link on our website, The Hollywood Reporter may receive an affiliate commission.

This story was created in paid partnership with Urban Outfitters.

More from The Hollywood Reporter

Whether you’re decorating your first dorm room or giving your home a style overhaul, one of our most surprising sources for statement pieces is Urban Outfitters. From bohemian-chic rattan furniture and artful storage pieces to minimalist shelving and charming bathroom essentials, the retailer is home to some of the coolest finds for every type of interior design style.

Some of the top design trends of 2023 are also the most enduring ones. Sustainability continues to be top of mind, as natural and eco-conscious materials continue to be favored choices. We can also thank Succession for ushering in the “quiet luxury” trend, an understated high-end aesthetic spilling out of fashion wardrobes and into the rest of the home: think cozy textiles and upholstery made from plush fabrics. On the flip side, surrealist shapes and playing with scale will be on the rise as people go for Schiaparelli-esque interior style over minimalism.

Ultimately, consider designing around your own personality and lifestyle, regardless of whether or not something fits a trend. As one study recently found, homeowners are decorating their homes with “professionalization,” not “personalization,” in mind — so whether you love a lived-in look, or feel more at home in a ‘grammable hotel-like space, we suggest going with items that spark joy.

With all of that in mind, we’re sharing our favorite furniture and home decor to shop from Urban Outfitters. Whether your vibe is bohemian or modern, see 10 of our top picks for a range of styles, including some pieces on sale for up to 30 percent off.

Levi Storage Shelf

This three-tiered bamboo storage shelf brings a natural touch while giving you more shelf space.

Levi Storage Shelf

Price: $79

Buy Now

Mushroom Wall Hook

Mushroom motifs are among the nature-inspired design trends that are expected to be big in 2023 and beyond. These playful wall hooks are sure to bring the fun to your fungus decor.

Mushroom Wall Hook

Price: $18

Buy Now

Honey & Ivy Table Lamp

Urban Outfitters is also home to the UO MRKT, a curated marketplace of one-of-a-kind fashion, home and decor finds. One of our favorite lighting pieces is this one from Portland’s Honey & Ivy Studio, which features a 3D-printed shade inspired by pleated fabric.

Honey & Ivy Table Lamp

Honey & Ivy Table Lamp

Price: $49

Buy Now

Grayson Credenza (50 percent off)

On sale for 50 percent off, this sturdy oak credenza is farmhouse-meets-minimalist and features pre-cut holes for cables. We like the adjustable shelves and removable legs for customization, too.

Grayson Credenza

Grayson Credenza (reg. $999)

Price: $500

Buy Now

Westie Mirror Shelf

For when you need a handy place for your keys or a convenient beauty station before you run out of the house, this mirror shelf is perfect for holding your daily essentials.

Westie Mirror Shelf

Price: $99

Buy Now

Gillian Coffee Table

Stow away your mess in the minimalist Gillian coffee table that features two drawers for all of your books, controllers and anything else that ends up on your tabletops.

Gillian Coffee Table

Price: $329

Buy Now

Cup Noodles Bowl

A college student staple, instant noodles get their own dedicated vessel in this fun ceramic bowl that’s dishwasher- and microwave-safe. (Extra credit for upgrading your basic ramen.)

Cup Noodles Bowl

Price: $24

Buy Now

Cozy Crinkle Duvet Set

Available in twin to king sizes, this crinkled-to-perfection duvet set is ideal for refreshing your bedding ahead of fall. It’s made of soft, gauzy cotton that’s perfect for transitioning from the heat of summer to cooler autumn days.

Cozy Crinkle Duvet Set

Cozy Crinkle Duvet Set

Price: $99

Buy Now

Checkerboard Hilo Tufted Rug (30% off)

Rugs are a design hack for dorms, rentals and other home spaces where you’ve got to make do with the existing floor. Cover up stains or brighten up your room with a textured checkerboard rug like this one that comes in other sizes and colors.

Checkerboard Hilo Tufted Rug 3×5 (reg. $89)

Price: $89 $62

Buy Now

Mason Storage Cabinet

On sale for $300 off, this sleek Mason storage cabinet (also available in white, olive and natural) looks more like that designer furniture find you’ve been eyeing — but for a fraction of the price.

Mason Storage Cabinet (reg. $1,599)

Price: $1,599 $1,299

Buy Now

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Source: yahoo.com

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By:
Rob Chrisman

Mon, Aug 28 2023, 10:31 AM

As the rumor spreads that millions of women are lined up to be weighed at the Fulton County Jail, we head into late summer and early autumn, rarely a time for increased home sale activity. The National Association of REALTORS®’ total membership in July 2023 is 1.56 million. There are about 547k active listings. That’s one listing per three NAR members, which doesn’t even include non-NAR real estate agents. Analysts continue to point to the nationwide housing market struggling with low inventory levels and decreased affordability. While active inventory through the first six months of 2023 was higher than the record lows set in 2022, new listings have been lagging below 2022 levels. Just simply not enough homes? But Hawai’i’s Marcelle Loren writes, “I don’t agree with the reports of a lack of inventory. There’s just a lack of agents digging up properties to sell. For example, the death of Baby Boomers is a source of inventory: Rising costs are prompting more adult children to sell the homes they inherit from their parents. (Today’s podcast can be found here and this week’s is sponsored by Black Knight. Black Knight is an award-winning software, data and analytics company that drives innovation in the mortgage and real-estate industries, and the capital and secondary markets. Listen to an interview with the company’s Conrad Ficca and Richard Lombardi on climate risk and how lenders can mitigate its impact through data.)

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“How will this solution improve the homebuyer or homeowner experience?” This simple question guides the way we develop and deliver products at Black Knight, a mindset we call “Think Customer.” By combining this mentality with a Scaled Agile Framework (SAFe), Black Knight aligns product development and delivery with end-consumer needs while staying ahead of the latest market and technology advancements. Learn more about the value this approach has brought Black Knight clients and their customers in the blog post “’Think Customer’ in an Agile World”.

In this market, hustle is everything. You can’t afford to waste a single deal, or a single minute. That’s why ReadyPrice has launched Shop.Lock.Deliver.® It’s an innovative new platform designed to help independent mortgage brokers like you save time and money. Now you can shop competitive loan offerings from multiple lenders, get rate lock guarantees in real time, receive underwriting findings, and deliver the borrower’s complete loan file to lenders, and all on a single platform, at no cost to brokers. It’s the industry’s most powerful universal delivery portal, and it’s already helping brokers around the country thrive and compete in even the toughest market environments. Multiple lenders. One platform. Zero b.s. Check out ReadyPrice today.

Free report: These growing borrower segments present opportunities for new business in 2023’s market. Wondering how to fill your pipeline when loan volume is scarce? New data from Maxwell gives lenders an exclusive look into home buyer groups taking on higher rates head-on. Did you know, for instance, that the share of 18 to 24-year-old borrowers has increased by 18 percent year-over-year? Now is the time to cater to these rising home buyers. For exclusive data and actionable takeaways, click here to download Maxwell’s Q2 Mortgage Lending Report.

Credit Products for Brokers and Lenders

In today’s competitive landscape, every dollar and interaction matter more than ever. Blend’s first-of-its-kind soft credit pull delivers a simpler pre-qualification process, reducing top-of-funnel friction, cutting approximately $50 per credit file, and safeguarding borrowers from tri-merge solicitation and negative impacts on their credit scores. For lenders, Blend’s soft credit pre-qualification streamlines the application process, reducing drop-offs and increasing conversion rates. It provides lenders with valuable insights without an expensive hard credit inquiry, improving risk assessment and decision-making. Blend seamlessly integrates soft credit checks into the mobile loan officer experience and self-serve processes, with widespread adoption, ultimately leading to substantial cost savings for our customers. For borrowers, soft inquiries remove barriers to accessing early eligibility information, protect borrower credit scores, and promote financial empowerment, encouraging more borrowers to engage with lenders. Soft credit pre-qualification is a game-changer in the lending industry and a true win-win for borrowers and lenders.

Fraudulent employment data in mortgage loan applications cause risks for lenders and borrowers. For many years, it has been common practice for mortgage lenders or brokers to ask for paper pay stubs to help verify loan applicant’s income. But in 2022, out of all mortgage loans that had a fraud investigative finding, 43 percent were classified as income fraud. Technological advances allow lenders to instantly and securely obtain reliable income and employment verifications from a trusted third-party provider. Available for use by credentialed verifiers with a permissible purpose under the FCRA, The Work Number® database is the leading commercial repository of employer-contributed payroll data. Unlock the power of our expansive database, instant access to 161 million current employment records directly from 2.8 million employers and payroll providers. With buybacks on the rise, why use paper-based processes that potentially increase repurchase risk at a time when proven GSE-approved options exist?

The Big Getting Bigger

Guild Mortgage further expanded its market share with the announcement this morning of the company’s acquisition of First Centennial Mortgage, a privately held residential lender headquartered in Illinois. Founded by brothers Steven and David McCormick in 1995, First Centennial will bring 15 branches and nine satellite offices to Guild’s growing national retail network. This acquisition is Guild’s third this year, following its purchase of Cherry Creek in April and Legacy Mortgage in February. (Guild was represented by the STRATMOR Group’s M&A team.)

Lenders tired of the rate volatility, the cost cutting, rates possibly trending higher with the Fed fighting inflation (until the Silicon Valley bank failure drove them down) may be looking at selling their company or merging it. “Valuing a Lender” was recently posted on the STRATMOR website.

Sure enough, STRATMOR’s M&A practice is on fire as big lenders have become small lenders, or brokers, and culturally paired lenders are wondering, “Why have two accounting teams? Two capital markets groups? Two underwriting staffs?” And so on. (Anyone interested in learning more should talk to David Hrobon or Garth Graham.) Of course, as has been mentioned in this commentary, larger lenders are also adept at simply hiring production staff away from smaller, thinly capitalized lenders.

Many owners of lenders around the nation are earnestly interested in making a decision about what to do with their company before a decision is made for them. I have received this question from a number of owners of small lenders. ‘Rob, is it only the lenders who have servicing who have any value? Or can small lenders with decent market share like mine have interest from buyers?”

Garth Graham replied. “Great question, Rob, and one we field nearly every day. We are hearing from lenders who are inquiring about the M&A space, and often trying to find out what is going on and what they should do.

“The answer is that there continues to be good deals for potential sellers, and the reason is that there are a lot of buyers we work with who continue to want to grow market share in a down market. We closed three deals in the last 60 days, and all had upfront premiums with solid earn outs, with a good cultural fit for the parties. Often the premium being paid is driven by the ability for the seller to add the production without having to add all the corporate expense, so it can be painful decisions about the corporate depts (secondary, HR, Risk, technology etc.), but the end result is that the production is worth more to the buyer than it is to the seller due to the cost savings. And that shows up on premium offers. And the seller gets the balance sheet plus a share of that financial benefit. So, it can be a potential win-win. Of course, it has to be a deal that makes sense for the LOs, and production staff too, so that is why culture matters so much.” Thank you, Garth.

To wrap up, in valuing a company, a potential buyer will look at the audited net worth and the discounted cash flows, usually for the next three years of estimated earnings. (The devil’s in the details and assumptions!) The value to a potential buyer will depend on different factors, and three main variables often used in an analysis are loan volumes, margins, cost structure, & profitability, and the current policies, procedures, & business model.

Of course, repurchase obligations are included, as well as existing or potential liabilities. Are there outstanding lawsuits? Is the buyer buying the entire company, or a percentage of ownership… a minority ownership has very little value. It is not a simple process, and making assumptions about the future is problematic. A thorough examination of these factors is where the value of a competent advisor shows itself.

Capital Markets

Spoiler alert: our Federal Reserve doesn’t set mortgage rates, but the “hawkish” tone from Federal Reserve Chairman Jerome Powell was an indication that there won’t be much slack in the battle to bring down inflation. If they are any indication, futures trading is pricing in roughly a two-thirds probability that the central bank will boost its key interest rate by a quarter percentage point in November after a pause in September.

In an eagerly anticipated speech from Jackson Hole on Friday, Fed Chair Powell made no bones about the Fed’s unwavering pursuit of returning annualized inflation to 2 percent. As far as the Fed is concerned, the message is “stay the course” even if that means even higher interest rates. Powell reiterated that the Fed would not change its long-term inflation target of 2 percent as some market commentators may have hoped and reaffirmed the reliance on incoming economic data and the potential to further tighten monetary policy if the conditions warrant. His wholly expected remarks seem to have had a calming effect on markets. Other central bank chiefs echoed Powell in projecting a cautious stance, saying the inflation triggered by Covid-19 and its fallout has not been fully conquered.

While recent data has been trending in the Fed’s desired direction, Powell noted that the previous two months of data are not enough to instill confidence that inflation will continue to trend down towards the Fed’s goal. There are still supply and demand imbalances that put upwards pressure on inflation specifically as it pertains to shelter and non-housing services. Overall, goods prices have declined and residential lease rates are cooling, however home prices remain high due to lack of supply. Given the desire not to repeat the mistakes of the 1970s in declaring victory over inflation too soon, it is not surprising the tone of the Fed continues to be one of caution, which may continue even as more positive data is released.

The Federal Reserve is data-dependent, of course, and this week is packed with potential market moving events including front-loaded month-end supply, and economic data including several labor market indicators, culminating with monthly U.S. employment numbers that will be released on Friday, and Fed-favorite PCE on Thursday, which also happens to be month-end. Other economic data of interest include housing-related releases, consumer confidence, GDP, Chicago PMI, ISM, and construction spending. The start of the week is all about supply with the Treasury auctioning $45 billion 2-year notes and $46 billion 5-year notes. Today also brings Dallas Fed Texas manufacturing for August and comments from Fed Vice Chair for Supervision Barr. We begin the week with Agency MBS prices roughly unchanged from Friday’s close and the 10-year yielding 4.23 after closing Friday at 4.24 percent. The 2-year is at 5.10 after Fed Chair Powell’s Friday comments drove the yield higher.

Employment

“A seasoned executive is looking to explore the next growth and strategic opportunity. Over the course of a twenty-three-year career, I developed expertise in many aspects of the business, spanning retail, wholesale, and correspondent production. Background also includes a deep understanding of MSR and servicing operations. Proven ability to manage businesses at scale, with a strong focus on compliance, credit, and enterprise risk management. Passionate about process optimization and leveraging technology to drive efficiency, all while fostering a positive organizational culture. Track record includes driving maximized revenue through aggressive yet responsible growth strategies. Working for private equity-owned organizations, providing valuable experience in capital acquisition and broad investor relations. If you’re interested in learning more about my background and how I can contribute to your team’s success, please don’t hesitate to contact Anjelica Nixt to forward your note.”

The Maryland regional office of USA Mortgage has added leading Home Loan Officer Jamison Mullen to its team. Mullen, a 20-year industry veteran, joins a USA office headed by Bill Sohan who recently came on board as a regional vice president. “I wasn’t looking for a change. I was with a great company. But sometimes an opportunity arises that you can’t ignore,” said Mullen. “When Bill and Sam Rosenblatt approached me about joining forces, I had to listen. And as soon as I met the corporate leadership team at USA Mortgage, I knew they were the kind of people I wanted to work with for the remainder of my career.” Founded in St. Louis in 2001, 100 percent employee-owned USA Mortgage has offices in 34 states and is licensed in 49 states plus the District of Columbia. For a confidential conversation about joining USA, contact Bill Sohan at 410-963-2308.

Quality. Stability. Virtue. Traits that define a successful mortgage company, or any company, for that matter. But when we’re talking about mortgages, InterLinc Mortgage hits the mark on these three skills, and more. With an average of $32 million in annual production per Loan Originator, the mortgage team not only kept pace through a turbulent market, but they did also so with excellence. Scotsman Guide’s 2022 Top Overall Lender and Top Retail Lender awards prove the grit and sustainability displayed by the producers (which is an assembly of the elite) and its leaders. A company that proves fortitude and character…worth the look.

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Source: mortgagenewsdaily.com

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DuBois native Emily Kelley’s passion for “making a house a home” has been recognized by a national publication. A spread on her kitchen and dining room is featured in the September 2023 issue of Country Sampler magazine.

Kelley, who currently resides in Pittsburgh, graduated from DuBois Area High School in 2000 before leaving the area to finish college. She moved to Pittsburgh in 2009 after her husband, Ryan Kelley, finished his tours in the U.S. military.

After working mainly for nonprofit organizations doing social work, Kelley transitioned to being a stay-at-home mom in 2014, where she currently homeschools her children.

Country Sampler, “a resource for any country decorator,” features country-lifestyle articles, as well as a catalog of decorating products that “provide all the tips and tools you need to make your house a country home,” according to its website. The publication takes viewers inside the homes of country enthusiasts, featuring “room by room home tours,” home decorating tips and authentic and unique styling ideas.




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Kelley has always loved to decorate their rental homes over the years, she said.

“When my husband and I bought our home in 2012, I could really make things ours,” she said.

Around four years ago, Kelley says she restyled their home, transitioning from a more “boho-style” to “farmhouse, leaning towards a vintage/antique” theme.

She began posting photos of her home decor work on Instagram, and was contacted by photographers with Country Sampler magazine in September 2022.

In October of last year, Country Sampler did a photo shoot at the Kelleys’ home of her fall decor. The photos feature a rustic, farmhouse-style atmosphere, with various items in autumn colors and accents.

For Kelley, decorating their home has been somewhat of a blank canvas she could make all her own.




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“I absolutely love making our home a cozy space,” she said.

She also enjoys the thrill of “junk hunting,” and finding pieces to repurpose, then “styling different spots for different seasons.”

“I’ve always loved art and being creative. Our home has just turned into my canvas to create with.”

The issue featuring the Kelleys’ kitchen and dining room hit the newsstands July 25. Seeing her work in a national publication, she said, feels like a dream.

“I obviously love looking through decor-related magazines,” she said. “Never in a million years would I have expected to see our home featured. It’s an honor to have had them recognize my style and share (it) nationally.”



Shown is an autumn scene in Emily Kelley’s home last October.


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Visit www.countrysampler.com for more on Country Sampler.

Source: thecourierexpress.com

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As fall comes into view, so is your seasonal home decor pivot. Out goes the candy-colored gingham prints and linen sheets, in comes the rich velvet throw pillows, faux fur blankets, and rich earthy decor. Considering September is just days away, you don’t have much time to get your living space in autumn mode before Labor Day. That said, many of your favorite home brands and retailers have already showed their cards, launching their upcoming fall home collections for the colder months ahead.

So, if you’re ready to bid adieu to your summer-specific accent items — or maybe you simply want a head start on refreshing for the new year — the latest offerings hitting shelves will help you do just that. And that doesn’t mean you need to go full fall, with acorn and leaf themes or red, orange, and brown color palettes (although it’s worth noting MacKenzie-Childs’ new collection honors traditional seasonal motifs in the chicest way). No, you can lean into the season shift with cozy yet modern swaps that’ll make your living space look like a comforting and sophisticated sanctuary.

Maybe that means investing in an earthy-toned rug or a soft, textured camel-colored couch. Whatever the move, now’s the time to do it, as fall soireés and football Sunday gatherings are looming. Ahead, TZR has gathered six of the best fall home collections that are already ripe for the taking.

CB2

This season, CB2 is sticking to what it knows: quality home decor. Manifesting as rich-colored velvet sofas and modern lighting styles, the new drop “embodies CB2’s philosophy that luxurious pieces should be accessible and approachable for all.”

Lulu & Georgia

Lulu & Georgia are thinking outside a orange-focused fall color palette by leaning into warm neutrals and the occasional pop of soft pink. The brand’s latest collection reads very sophisticated, and feels especially suited for minimalist aesthetic.

H&M Home

H&M recently made headlines when it announced the launch of furniture and lamps in the US. If you haven’t run out to scoop up one of these affordable new gems, now is your chance.

Misette

Launching September 1, Misette’s new fall and winter collection is inspired by both “the mesmerizing intricacy of Moroccan tiles and the warm, rich colors of a vintage ski chalet.” Think hunter green glass candle holders, bright embroidered napkins, and colorful placemats.

MacKenzie-Childs

Leave it to MacKenzie-Childs to create signature fall decor that reads more elevated than it does cheesy. The brand recently launched its fall collection, which includes a colorful and joyful wreath, gourd center pieces, and sweet acorn decor accents.

Arhaus

Arhuas, which focuses on artisan-created home essentials, is introducing brand new furniture items like Amira Sofa and Cormac Dining Table this season. All designed to tap into “warmth and bring elevated comfort,” these options boast rich, neutral tones that’ll work for any aesthetic.

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Source: thezoereport.com