Special margin requirements refer to higher-than-normal requirements for margin traders. That typically means requirements that are above 25%.
According to the Securities and Exchange Commission (SEC), many brokers keep even higher maintenance margin requirements, typically between 30% and 40% — and sometimes higher depending on the type of securities purchased. These special margin requirements may vary.
What Are Special Margin Requirements?
Special margin requirements are higher than standard margin requirements — above a maintenance margin rate of 25%. Higher margin rate requirements mean you must maintain a higher equity amount in your account when trading on margin.
Margin trading refers to using cash and securities in your account as collateral to purchase more assets. In doing so, you can use leverage to amplify returns — but you must also pay interest on borrowed funds. For anyone interested in trading on margin, it’s important to know the rules of margin accounts and also which stocks feature special margin requirements.
When it comes to trading stocks on margin, there are plenty of blanket rules and regulations in place. For instance, the Federal Reserve requires a 50% initial margin and a 25% maintenance margin.
The Financial Industry Regulatory Authority (FINRA) and the New York Stock Exchange (NYSE) also require at least $2,000 of cash or securities to be deposited before someone can trade in a margin account.
Special margin requirements are often found on highly volatile stocks, so just a small drop in the price of these stocks can trigger a margin call. Brokers might also issue special margin requirements on concentrated positions in your account. Leveraged positions and other factors might also trigger special margin requirements.
Leverage and margin are related — but not the same.
Brokers do not just haphazardly issue special margin requirements. An analysis of historical volatility is used along with the use of SPAN margin. SPAN margin is calculated by standardized portfolio analysis of risk — a system used by exchanges around the world to control risk. SPAN margin determines margin requirements based on an assessment of one-day risk for a trader’s account. It is used primarily in options and futures markets. The SPAN system allows an exchange to know what a “worst-case” one-day move could be for any open futures position.
Special vs Standard Margin Requirements
Special Margin Requirement
Standard Margin Requirements
Brokers can determine special margin rates
Initial margin set at 50%
A special margin requirement might exist for a concentrated position
Some securities cannot be purchased on margin
💡 Quick Tip: Are self-directed brokerage accounts cost efficient? They can be, because they offer the convenience of being able to buy stocks online without using a traditional full-service broker (and the typical broker fees).
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How Do Special Margin Requirements Work?
Special margin requirements work by enforcing stricter equity deposits in your account when trading volatile stocks. The broker wants to protect itself in the event the securities in your account rapidly drop in value. Another way a broker protects itself is by issuing margin calls when special margin requirement percentages are breached.
With a margin call, you must deposit more cash or securities into your account to meet the call. You can also liquidate your holdings to generate cash and increase your equity percentage. If you fail to meet the call on time, the broker might liquidate your positions for you.
For a broker, it’s important to have safeguards like special margin requirements in place in case financial markets turn volatile. If many investors face margin calls all at once, the broker could face credit risk if those investors are unable to repay loans used in margin trading. 💡 Quick Tip: When you trade using a margin account, you’re using leverage — i.e. borrowed funds that increase your purchasing power. Remember that whatever you borrow you must repay, with interest.
Pros and Cons of Special Margin Requirements
In terms of benefits and drawbacks, the upside is that special margin requirements help to control risk when investors engage in day trading — and the downside is more restrictions on your margin trading account.
Here’s a deeper dive into positives and negatives for the broker and for the investor.
Pros and Cons for Brokers
Pros
Cons
Reduces risk when markets turn volatile
More restrictive trading could turn away customers
Allows for tighter margin calls on risky positions
Individuals might seek looser requirements from other brokers
Historical data provides a guide as to which stocks are most volatile
Uncertainty exists when trying to predict what the most volatile securities will be going forward
Pros and Cons for Investors
Pros
Cons
Highly volatile stocks are easier to identify
Higher equity is required to trade certain stocks
Provides a guardrail when trading stocks
Margin calls can trigger more quickly
Can be a tool to identify highly volatile stocks for options trading
Margin percentages can change without notice
The Takeaway
While many stocks and ETFs have initial margin amounts of 50% and maintenance margin levels at 25%, some volatile stocks have higher special margin requirements. These requirements help protect both brokers and investors in the event that the stock tanks.
Margin trading is typically riskier than trading with a cash account. Investing with borrowed funds amplifies returns — positive and negative. It is important to be aware of the risks involved with this strategy.
If you’re an experienced trader and have the risk tolerance to try out trading on margin, consider enabling a SoFi margin account. With a SoFi margin account, experienced investors can take advantage of more investment opportunities, and potentially increase returns. That said, margin trading is a high-risk endeavor, and using margin loans can amplify losses as well as gains.
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FAQ
What is a special margin account?
A margin account is a type of brokerage account in which your broker lends you cash, using the account’s equity as collateral, to purchase securities. These securities are known as marginable securities. Margin increases your purchasing power but also exposes you to the potential for larger losses.
What are margin requirements?
Margin requirements are percentages of equity you must maintain in your margin trading account. According to Regulation T of the Federal Reserve Board, the initial margin for equities is 50% and maintenance margin is 25%. There are higher special margin requirements for highly volatile stocks. In addition, if you have a concentrated position, you might face a special higher margin requirement.
How much money do you need to open a margin account?
The NYSE and FINRA require a deposit of $2,000 or cash or securities with your broker before trading on margin. Some firms may require larger deposits.
Photo credit: iStock/akinbostanci
SoFi Invest® INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE SoFi Invest encompasses two distinct companies, with various products and services offered to investors as described below:
Individual customer accounts may be subject to the terms applicable to one or more of these platforms.
1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser (“SoFi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.
2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA (www.finra.org)/SIPC(www.sipc.org). Clearing and custody of all securities are provided by APEX Clearing Corporation.
For additional disclosures related to the SoFi Invest platforms described above please visit SoFi.com/legal.
Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
*Borrow at 10%. Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see SoFi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information. Claw Promotion: Customer must fund their Active Invest account with at least $25 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%. See full terms and conditions.
A mortgage broker acts as an intermediary between you and potential lenders. The broker’s job is to compare mortgage lenders on your behalf and find interest rates that fit your needs. Mortgage brokers have lists of lenders they work with, which can make your life easier.
Mortgage brokers are licensed and regulated financial professionals. They gather documents from you, pull your credit history, and verify your income and employment, using the information to help you apply for loans and negotiate terms in a short time.
Once you settle on a loan and a lender that works best for you, your mortgage broker will collaborate with the lender’s underwriting department, the closing agent (usually the title company) and your real estate agent to keep the transaction running smoothly through closing day.
A mortgage broker can save you time and may offer you a wider array of options than if you shop on your own. But brokers don’t work for free, so you should expect to pay for their services at some point in the process.
1. What makes mortgage brokers different from loan officers?
Loan officers, as opposed to mortgage brokers, are employees of one lender who are paid set salaries, plus bonuses. Loan officers can write only the types of loans their employer chooses to offer.
Mortgage brokers, meanwhile, deal with many lenders to find loans for their clients. Mortgage brokers, who can work within a mortgage brokerage firm or independently, may be able to give borrowers access to a broad selection of loan types.
2. How does a mortgage broker get paid?
Mortgage brokers are most often paid by lenders, sometimes by borrowers, but, by law, never both. That law — the Dodd-Frank Act — also prohibits mortgage brokers from charging hidden fees or basing their compensation on a borrower’s interest rate.
You can also choose to pay the mortgage broker yourself. That’s called “borrower-paid compensation.” Though even when the fee is paid by the lender, often it is rolled into the loan itself, meaning the borrower eventually still pays the bill.
Shop around for mortgage brokers and ask how much to expect to pay in fees, which are typically 1% to 2% of the loan amount. The competitiveness — and home prices — in your market will have a hand in dictating what mortgage brokers charge. Federal law limits how high compensation can go.
3. Is a mortgage broker right for me?
You can save time by using a mortgage broker; it can take hours to apply for preapproval with different lenders, and then there’s the back-and-forth communication involved in underwriting the loan and ensuring the transaction stays on track.
However, that convenience comes at a cost, which is something to consider if you’re especially tight on funds. You also might sacrifice a sense of control and direct interaction with a lender when you turn the process over to a broker, a feeling that could be unnerving when making such a big purchase.
If you seek expert guidance and streamlined lender comparisons, and you are willing to pay a premium for these services, a mortgage broker may be right for you.
🤓Nerdy Tip
When choosing a lender, pay attention to lender fees. Specifically, ask what fees will appear on Page 2 of your Loan Estimate form in the Loan Costs section under “A: Origination Charges.” Then, take the Loan Estimate you receive from each lender, place them side by side and compare your interest rate and all of the fees and closing costs.
That head-to-head comparison among different options is the best way to make the right choice.
4. How do I choose a mortgage broker?
The best way to find a mortgage broker is to ask friends and relatives for referrals, but make sure they have actually used the broker.
Learn all you can about the broker’s services, communication style, level of knowledge and approach to clients.
Another referral source: Ask your real estate agent for the names of brokers that they have worked with and trust. Some real estate companies offer an in-house mortgage broker as part of their suite of services, but you’re not obligated to go with that company or individual.
Finding the right mortgage broker is just like choosing the best mortgage lender: It’s wise to interview at least three people to find out which services they offer, how much experience they have and how they can help simplify the process.
Check your state’s professional licensing authority to ensure they have mortgage broker’s licenses in good standing.
Also, read online reviews and check with the Better Business Bureau to assess whether the broker you’re considering has a sound reputation.
Frequently asked questions
What exactly does a mortgage broker do?
A mortgage broker finds lenders with loans, rates, and terms to fit your needs. They do a lot of the legwork during the mortgage application process, potentially saving you time.
How do mortgage brokers get paid?
Mortgage broker fees most often are paid by lenders, which may add to the total cost of a loan, though they sometimes can be paid directly by borrowers. Competition and home prices will influence how much mortgage brokers get paid.
What’s the difference between a mortgage broker and a loan officer?
Mortgage brokers will work with many lenders to find the best loan for your situation. Loan officers work for one lender.
How do I find a mortgage broker?
The best way to find a mortgage broker is through referrals from family, friends and your real estate agent. But don’t just take their word for it. Do your homework when selecting a mortgage broker by investigating their licenses, reading online reviews and checking with the Better Business Bureau.
Explore mortgages today and get started on your homeownership goals
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The allure of wide-open spaces meets the convenience of urban living, making Texas an ideal destination for renters seeking the best of both worlds. From the historic charm of San Antonio to the bustling energy of Houston, Texas offers a living experience tailored to a variety of lifestyles and preferences. This ApartmentGuide article will guide you through the pros and cons of living in Texas providing you with insight on what to expect.
Renting in Texas snapshot
1. Pro: Diverse landscapes and outdoor activities
Texas offers a diverse array of landscapes, spanning from the desert vistas of Big Bend National Park to the verdant Piney Woods. This rich variety facilitates an extensive range of outdoor pursuits, including hiking, biking, and camping, ensuring that residents are continually presented with fresh adventures to embark upon.
2. Con: Natural disaster risks
Texas is prone to various natural disasters, including hurricanes, tornadoes, flooding, wildfires, and severe thunderstorms. The state’s large size and diverse geography contribute to its susceptibility to a wide range of natural hazards throughout the year. Coastal areas are particularly vulnerable to hurricanes and tropical storms, while inland regions may experience tornadoes, flooding from heavy rainfall, and wildfires during periods of drought and extreme heat.
3. Pro: Strong job market
Texas is home to a robust economy, especially in industries such as technology, energy, and healthcare. Cities like Austin and Houston are hubs for innovation and employment, attracting people from all over with the promise of opportunity. Additionally, Texas’ favorable business climate and low taxes further contribute to its economic vitality, fostering entrepreneurship and investment across diverse sectors.
4. Con: Traffic congestion
With its vast size and growing population, Texas faces significant traffic congestion, especially in major urban areas like Dallas. Commuting can be time-consuming, impacting residents’ daily routines and overall quality of life. For example, during rush hours, highways such as Interstate 35 in Austin and Interstate 635 in Dallas often experience gridlock, leading to delays and frustration for drivers.
5. Pro: No state income tax
One of the financial benefits of living in Texas is the absence of a state income tax. This can lead to significant savings for residents, allowing them to allocate more of their earnings towards savings, investments, or spending on leisure and necessities. Moreover, the absence of state income tax enhances the state’s appeal to businesses and entrepreneurs.
6. Con: High property taxes
While Texas does not have a state income tax, it compensates with relatively high property taxes. In fact, the property taxes are the seventh-highest in the U.S. This can be a significant burden for homeowners, affecting affordability and the overall cost of living in the state. However, it’s worth noting that property tax rates and assessments vary by location, with some areas experiencing higher rates than others.
7. Pro: Rich cultural heritage
Texas has a rich cultural heritage, with influences from Mexican, Native American, and cowboy cultures deeply ingrained in its identity. This diversity is celebrated through various festivals, culinary experiences, and artistic expressions, providing a vibrant cultural scene for residents to enjoy. For instance, events like the Houston Livestock Show and Rodeo, the Texas State Fair, and San Antonio’s Fiesta showcase the state’s cultural richness.
8. Con: Limited public transportation options
In many parts of Texas, public transportation options are limited, making it difficult for those without personal vehicles to navigate. This can be particularly challenging in sprawling cities and rural areas, limiting accessibility and mobility for residents. For example, cities like Houston have extensive highway systems but the transit score is 36, making the city car-dependent.
9. Pro: Delicious food scene
Texas is famous for its barbecue, Tex-Mex cuisine, and diverse culinary offerings, reflecting its multicultural heritage. Cities like San Antonio and Houston are renowned for their food scenes, offering everything from street food to high-end dining experiences. For example, San Antonio’s River Walk is lined with restaurants serving traditional Tex-Mex dishes like enchiladas and tacos, while Houston’s Chinatown boasts authentic Chinese cuisine and food markets.
10. Con: Air quality issues
Some Texas cities, particularly those with heavy industrial activity, face challenges with air quality. This can impact health and wellness, especially for individuals with respiratory conditions, and is a concern for environmental sustainability. For instance, cities like Dallas have experienced issues with air pollution due to emissions from industrial facilities, traffic congestion, and geographical factors such as weather patterns and topography.
11. Pro: Affordable cost of living
Texas offers an affordable cost of living, with reasonable housing prices in many areas. The median sale price in Corpus Christi, a coastal city in southern Texas, is $280,000, whereas rent for a one-bedroom is $985. This affordability, combined with the strong job market, makes Texas an attractive place for relocation.
12. Con: Heatwaves and high temperatures
Texas experiences high temperatures and heatwaves, particularly during the summer months, with temperatures often soaring well above 100 degrees Fahrenheit. These extreme heat conditions can lead to discomfort, heat-related illnesses, and increased energy costs for cooling, posing challenges for residents and businesses alike.
Methodology : The population data is from the United States Census Bureau, walkable cities are from Walk Score, and rental data is from ApartmentGuide
Imagine living in a neighborhood where everything you need is just a short walk away. For renters in Orlando, this isn’t just a dream, it’s a reality. Rentals may be a bit expensive, though, with the average one-bedroom apartment costing $1,755.
In this ApartmentGuide article, we’re taking you on a virtual tour of the most walkable neighborhoods in Orlando. Get ready to discover the charm and convenience these neighborhoods offer to those who prefer to navigate their day on foot.
All data sourced March 2024.
1. South Eola
Walk Score: 91
South Eola is the most walkable neighborhood in Orlando, with a Walk Score of 91. Known for its beautiful lake views and charming streets, residents and visitors alike can explore the area and take advantage of its walkable layout. Notable attractions include the Eola Wine Company and Lake Eola Park.
Search for South Eola apartments for rent.
2. Central Business District
Walk Score: 85
Adjacent to South Eola, the Central Business District has a Walk Score of 85, making it the second most walkable neighborhood in Orlando. There’s a lot to love about the area, from its bustling business scene to its lively nightlife. While you’re walking around the neighborhood, check out the Dr. Phillips Center for the Performing Arts and the Orlando Public Library.
See Central Business District apartments for rent.
3. Lake Eola Heights
Walk Score: 85
Lake Eola Heights is the third most walkable neighborhood in Orlando. There are numerous walkable areas and attractions throughout this historic neighborhood, like the Downtown Orlando YMCA Family Center and the Orlando Farmers Market. And if you’re in the mood for an adventure, you’re not far from Dickson Azalea Park.
Find Lake Eola Heights apartments for rent.
4. Park Lake-Highland
Walk Score: 84
Park Lake-Highland has plenty of amenities a resident might need within walking distance. From the Orlando Science Center to the Orlando Museum of Art, you’re sure to find something to love. A notable amenity is the Leu Gardens, which is a great spot for locals and visitors alike.
Browse Park Lake-Highland apartments for rent.
5. Colonialtown South
Walk Score: 84
As the fifth most walkable neighborhood in Orlando, Colonialtown South is known for its unique shops and local eateries. Consider exploring the East End Market or getting a bite to eat at Black Rooster Taqueria with friends. There are plenty of other amenities in this lively community as well, like the Colonial Plaza Mall and the Orlando Fashion Square.
Discover Colonialtown South apartments for rent.
6. Thornton Park
Walk Score: 83
Thornton Park has a Walk Score of 83, making it the sixth most walkable neighborhood in Orlando. Known for its brick streets and colorful bungalows, residents and visitors can choose from walkable amenities such as the Greenwood Urban Wetlands and Lake Underhill Park. While you’re out, check out the Lake Lawsona Historic District.
Look for Thornton Park apartments for rent.
7. Colonialtown North
Walk Score: 77
Colonialtown North is the seventh most walkable neighborhood in Orlando. This bustling community has quite a few hotspots for residents to visit on foot, including the Mills 50 District and the Quantum Leap Winery. While you’re walking, take a moment to smell the flowers at the Harry P. Leu Gardens.
Search for Colonialtown North apartments for rent.
8. East Central Park
Walk Score: 73
East Central Park has a Walk Score of 73, making it the eighth most walkable neighborhood in Orlando. There’s a lot to love about the area, from grabbing a bite to eat at nearby Tako Cheena, to taking a walk at Festival Park. If you’re up for a longer outing, nearby Demetree Park is popular among locals.
Find East Central Park apartments for rent.
9. Holden-Parramore
Walk Score: 72
The ninth most walkable neighborhood in Orlando is Holden-Parramore. Home to the University of Central Florida’s Downtown campus, Pedestrians can enjoy the variety of restaurants, cafes, and shops, like the Amway Center, Exploria Stadium, and Orange Blossom Trail. It’s also easy to walk over to the Camping World Stadium for a great day out.
Peruse Holden-Parramore apartments for rent.
10. Callahan
Walk Score: 72
Callahan is the tenth most walkable neighborhood in Orlando. Local attractions here include the Orange County Library and the CityArts Factory, providing residents a spot to get together and enjoy their community.
Discover Callahan apartments for rent.
Check out more walkable cities in Florida.
Methodology: Walk Score, a Redfin company, helps people find walkable, bikeable, and transit-friendly places to live, rating areas on a scale from 0-100. To calculate a Walk Score for a given point, Walk Score analyzes thousands of walking routes to nearby amenities, population density, and metrics such as block length and intersection density. Points are awarded based on the distance to amenities in each category.
Mesa, with its rich history and unique southwestern charm, is a city that invites exploration. It’s not just about the scenic beauty, but also the convenience of getting around, especially for renters who prefer to navigate on foot. Rentals are fairly expensive, though, with the average one-bedroom apartment costing $1,300.
In this ApartmentGuide article, we’re taking you on a virtual tour of the most walkable neighborhoods in Mesa. So, get ready to discover the pedestrian-friendly charm of this Arizona city.
All data sourced March 2024.
1. Downtown
Walk Score: 75
Downtown is the most walkable neighborhood in Mesa, with a Walk Score of 75. Known for its bustling city life, residents and visitors alike can explore the area and take advantage of its walkable layout. Notable attractions include the Mesa Arts Center and Pioneer Park.
Search for Downtown apartments for rent.
2. C.A.N.D.O.
Walk Score: 65
C.A.N.D.O. has a Walk Score of 65, making it the second most walkable neighborhood in Mesa. There’s a lot to love about the area, from its historic charm to its community events. While you’re walking around the neighborhood, check out the Mesa Grande Cultural Park.
See C.A.N.D.O. apartments for rent.
3. Escobedo Historic District
Walk Score: 65
Adjacent to C.A.N.D.O., the Escobedo Historic District is the third most walkable neighborhood in the city. There are numerous walkable areas and attractions throughout the Escobedo Historic District, like the Mesa Historical Museum and the Arizona Museum of Natural History. And if you’re in the mood for an adventure, you’re not far from the Usery Mountain Regional Park.
Find Escobedo Historic District apartments for rent.
4. Concord Village
Walk Score: 64
Concord Village has plenty of amenities a resident might need within walking distance. From the Fiesta Mall to Mesa Community College, you’re sure to find something to love. A notable amenity is the Val Vista Lakes Tennis Club, which is a great spot for locals and visitors alike.
Browse Concord Village apartments for rent.
5. Reed Park
Walk Score: 61
As the fifth most walkable neighborhood in the city, Reed Park is known for its recreational facilities. Consider exploring the namesake [ark or getting a bite to eat at Casa rivas Mexican Food & Mariscos with friends. There are plenty of other amenities in this community as well, like the Mesa Public Library and the Mesa Amphitheatre.
Discover Reed Park apartments for rent.
6. Dana Ranch
Walk Score: 61
Dana Ranch has a Walk Score of 61, making it the sixth most walkable neighborhood in Mesa. Known for its suburban feel, residents and visitors can choose from walkable amenities such as Village Square at Dana Park and the Riparian Preserve at Water Ranch. While you’re out, check out the Superstition Springs Center.
Look for Dana Ranch apartments for rent.
7. Northpointe
Walk Score: 60
Northpointe is the seventh most walkable neighborhood in Mesa. This residential community has quite a few hotspots for residents to visit on foot, including the Alta Mesa Golf Club and Valencia Park. While you’re walking, take a moment to smell the flowers along the Velda Rose Desert Nature Trail.
Search for Northpointe apartments for rent.
8. Sherwood
Walk Score: 60
Sherwood has a Walk Score of 60, making it the eighth most walkable neighborhood in the city. There’s a lot to love about the area, from grabbing a bite to eat at Backyard Taco, to taking a walk along the 8.7-mile Sun Circle Trail. If you’re up for a longer outing, nearby Red Mountain District Park is popular among locals.
Find Sherwood apartments for rent.
9. Roosevelt
Walk Score: 59
The ninth most walkable neighborhood in Mesa is Roosevelt. Pedestrians can enjoy the variety of restaurants, cafes, and shops, like LA Crab Shack and Oregano’s. It’s also easy to walk over to Sloan Park for a great day out.
Peruse Roosevelt apartments for rent.
10. Nuestro
Walk Score: 59
Nuestro is the tenth most walkable neighborhood in the city. Local attractions here include Kleinman Park, the Mesa Arts Center, the Broadway Recreation Center, and the Mesa Aquatic Complex, providing residents spots to get together and enjoy their community.
Discover Nuestro apartments for rent.
Check out more walkable cities in Arizona.
Methodology: Walk Score, a Redfin company, helps people find walkable, bikeable, and transit-friendly places to live, rating areas on a scale from 0-100. To calculate a Walk Score for a given point, Walk Score analyzes thousands of walking routes to nearby amenities, population density, and metrics such as block length and intersection density. Points are awarded based on the distance to amenities in each category.
Imagine living in a neighborhood where everything you need is just a short walk away. For renters in Phoenix, this isn’t just a dream, it’s a reality in several areas of the city. Rentals are fairly expensive, though, with the average one-bedroom apartment costing $1,240.
In this ApartmentGuide article, we’re taking you on a virtual tour of the most walkable neighborhoods in Phoenix. From the lively streets of Downtown to the charming avenues of Garfield, these neighborhoods offer a unique blend of convenience and charm. So, get ready to discover the pedestrian-friendly side of Arizona’s largest city.
All data sourced March 2024.
1. Downtown
Walk Score: 82
Downtown is the most walkable neighborhood in Phoenix, with a Walk Score of 82. Known for its bustling city life, residents and visitors alike can explore the area and take advantage of its walkable layout. Notable attractions include the Phoenix Art Museum, the Japanese Friendship Garden of Phoenix, Chase Field, and the Arizona Science Center.
Search for Downtown apartments for rent.
2. Garfield
Walk Score: 79
Garfield has a Walk Score of 79, making it the second most walkable neighborhood in Phoenix. There’s a lot to love about the area, from its historic homes to its colorful murals. While you’re walking around the neighborhood, check out Welcome Diner for a bite to eat.
See Garfield apartments for rent.
3. Eastlake Park
Walk Score: 76
Eastlake Park is the third most walkable neighborhood in the city. There are numerous walkable areas and attractions throughout Eastlake Park, like the neighborhood’s namesake park and the Phoenix Trolley Museum. And if you’re in the mood for an adventure, you’re not far from the giant Phoenix Mountains Preserve.
Find Eastlake Park apartments for rent.
4. Coronado
Walk Score: 73
Coronado has plenty of amenities a resident might need within walking distance. From the Cartel Roasting Co to Coronado Park, you’re sure to find something to love. A notable amenity is the Oak Street Murals, which is a great spot for locals and visitors alike.
Browse Coronado apartments for rent.
5. Valencia Acres
Walk Score: 71
As the fifth most walkable neighborhood in the city, Valencia Acres is known for its quiet streets. Consider exploring the nearby South Mountain Park or getting a bite to eat at Los Dos Molinos with friends. There are plenty of other amenities in this charming community as well, like Phoenix Park and Los Olivos Public Park Place Plaza.
Discover Valencia Acres apartments for rent.
6. Governmental Mall
Walk Score: 71
Governmental Mall has a Walk Score of 71, making it the sixth most walkable neighborhood in Phoenix. Known for its proximity to the Arizona State Capitol, residents and visitors can choose from walkable amenities such as the Arizona Capitol Museum and the Wesley Bolin Memorial Plaza. While you’re out, check out the Arizona Latino Arts and Cultural Center.
Look for Governmental Mall apartments for rent.
7. Westland Homesites
Walk Score: 69
Westland Homesites is the seventh most walkable neighborhood in Phoenix. This peaceful community has quite a few hotspots for residents to visit on foot, including Westdale Center and Tortas Paquime. While you’re walking, take a moment to enjoy the sunny Arizona weather.
Search for Westland Homesites apartments for rent.
8. North Central Heights
Walk Score: 69
North Central Heights has a Walk Score of 69, making it the eighth most walkable neighborhood in the city. There’s a lot to love about the area, from grabbing a bite to eat at nearby Ocotillo Restaurant, to taking a walk along the Arizona Canal Trail. If you’re up for a longer outing, nearby Camelback Mountain is popular among locals.
Find North Central Heights apartments for rent.
9. Booker T. Washington
Walk Score: 69
The ninth most walkable neighborhood in Phoenix is Booker T. Washington. Pedestrians can enjoy the variety of local businesses, like Blok Photo Studio and Superstition Downtown. It’s also easy to walk over to Margaret T. Hance Park for a great day out.
Peruse Booker T. Washington apartments for rent.
10. Willo
Walk Score: 68
Willo is the tenth most walkable neighborhood in the city. Local attractions here include the Heard Museum, Encanto Park, the Enchanted Island Amusement Park, and the Phoenix Theatre, providing residents places to get together and enjoy their community.
Discover Willo apartments for rent.
Check out more walkable cities in Arizona.
Methodology: Walk Score, a Redfin company, helps people find walkable, bikeable, and transit-friendly places to live, rating areas on a scale from 0-100. To calculate a Walk Score for a given point, Walk Score analyzes thousands of walking routes to nearby amenities, population density, and metrics such as block length and intersection density. Points are awarded based on the distance to amenities in each category.
New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area.
Steinway, who closed more than $1.5 billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president and producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.
He joins NAF from Revolution Mortgage, where he served as branch production sales manager and SVP of mortgage lending for a little over a year. Steinway was also one of the first four loan officers to be hired at Guaranteed Rate, where he earned the firm’s Chairman’s Club title for hitting $100 million in yearly production multiple times.
“The goal is to help them develop this territory and use this platform to attract talent – established loan officers, up and coming loan officers,” Steinway said in an interview with HousingWire.
“One of the several things that differentiate New American Funding from other lenders is that they service 98% of their loans, which as a loan officer is wonderful for us because I can retain them as a lifelong customer.”
Steinway also expects NAF’s “expansive” product mix, such as NAF Cash, will help him achieve more production volume in a highly competitive market.
Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. When the buyer is ready to move in with permanent financing, NAF sells it back to the buyer for the original price with a convenience fee that can be added to the purchase price.
“Chicago, I think, is suffering more than most markets in the United States. People are still buying homes, but we are still seeing multiple offers like crazy, seeing a lot of people waive contingencies such as inspections. There are a lot more as-is offers being made out there than I would ever see before. Because of the lack of inventory and multiple offers, the NAF Cash product will give an advantage for my clients over other buyers that cannot make a cash offer,” said Steinway.
NAF, the 31st largest mortgage lender in America in 2023, according to Inside Mortgage Finance, has been in growth mode. HousingWire reported that the company was entering the joint ventures arena in April, offering multiple JV models in a margin-compressed and highly regulated industry.
Most recently, NAF acquired $2 billion Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC) to enhance its presence in the Midwest and along the East Coast.
“We’re extremely excited about the recent purchase of Draper & Kramer in the Chicago market and adding Larry as a Producing Area sales manager to help us continue our growth,” Pat Bolan, chief production officer and head of retail sales at NAF, said in an emailed response.
Founded in 2003 by Rick Arvielo and his wife, Patty Arvielo, NAF offers a variety of conventional, government, adjustable-rate and non-qualified mortgages. The lender originated $9.6 billion in mortgages in 2023, according to estimates from Inside Mortgage Finance.
NAF, licensed in 50 states and Washington, D.C., has 256 active branch locations across the country with 2,098 sponsored mortgage loan originators as of March 29, according to the National Multistate Licensing System.
Inside: r/personalfinance is full of popular subreddits with ideas on how to make money and save money or invest. Know best practices for Reddit personal finance and ways to learn from them.
Reddit is a popular online community where people can share content, ask questions, and comment on news articles and topics. One of the most popular sections for personal finance discussions is /r/personalfinance.
Here are some of the best posts from that section:
“How has your finances changed post-graduation?”
“I was able to pay off my student loans as well as move back into my parents’ house without any difficulty.”
“My financial situation isn’t too bad right now, but I worry about the future.”
Reddit has some great threads that cover personal finance topics.
This blog post will give you a list of the top 25 Reddit Personal Finance Threads, letting you know which ones to check out next time you want to learn more about personal finances.
I created this list because there are very few resources that point to real people with real stories they want to share.
Our site is jammed packed with information on how to succeed with money. You may be looking for more specific personal finance information.
Also, you can find very specific information on r/personalfinance like how to save money when you’re starting off your career or trying to figure out how much it costs for certain things in life like specific college tuition, where rent costs vary, and so forth.
In addition, it includes some of the most popular and insightful posts on this website.
Hopefully, this will help you learn about all aspects of personal finance so that you can start managing money and reach financial independence today!
Why use Reddit Personal Finance?
There are many reasons to use Reddit Personal Finance.
Some people use it as a resource for their own personal finance, while others may be using it in order to plan out what they want to do with their finances.
Reddit Personal Finance is a community of people who share their experiences and tips on personal finance.
Users can post questions, browse the subreddit’s popular posts, or find new content in the “new” tab. Reddit Personal Finance also has a directory of personal finance resources and tools that you can use to better your finances.
The personal finance subreddit is thriving, and it’s only going to get bigger. With over 15 million subscribers in 2022, the community has a lot of content to explore. Plus almost half of users are online at any time to answer questions.
It can be hard enough to find your way around this vast platform but by following these 15 threads you will soon have no problem navigating Reddit Personal Finance with ease!
Positives of Personal Finance Subreddits
The internet is a place to share information and connect with others. One of the best ways to do this is through various social media platforms such as Reddit.
The following are some of the benefits of using personal finance subreddits.
Find out about new financial trends and learn about the best ways to invest your money
Get advice on how to manage your finances and make smart financial decisions
Be a part of the community and have a chance to grow your own knowledge
Learn about new products, services, and companies that could help you with your finances
Get advice on how to invest your money.
Grow your personal finance knowledge to help you reach your goals faster.
If you’re looking for a place to find some personal finance-related content, Reddit offers many subreddits that are all about these topics.
Some of the posts offer objective and helpful information while others can be subjective and relatable in person.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
Reddit Basics
Before getting completely lost in Reddit, here are some important things you need to know.
For me, I quit using Reddit because I got overwhelmed and couldn’t find what I needed quickly enough. Thus, here is the lingo that will help you succeed.
Subreddit: A popular place to find information is on the subreddit; for example: “r/personalfinance”.
Upvote / Downvote: Users can upvote or downvote a comment. Reddit gives the comment a “score,” which is the number of upvotes minus the number of downvotes.
Karma: Other users can upvote or downvote your posts and comments; these tally to your “karma.” When providing helpful comments and posts, then they will reflect a higher karma score.
OP: Original Poster.
AMA: Ask Me Anything. An online Q&A session hosted by Reddit’s community in which some guest (normally famous) is or are available for questions
EDIT and ETA: Edit and Edited. A simple way for a user to denote the added to their original comment.
TL;DR: Too Long; Didn’t Read. This is added at the end of long text posts or comments to quickly summarize an article or comment as being too long to read. Sometimes, people use it to summarize the main point in case you don’t want to read the entire thing.
Top 5 Reddits Personal Finance
These are the most popular subreddits for personal finance. They have the most followers and daily interactions.
Does it mean they are the most important? No, there are plenty of subreddits to read regarding personal finances. (Don’t worry… we have a list of them below!)
R/PersonalFinance
R/PersonalFinance is a subreddit that focuses on personal finance.
This is the most popular community related to personal finances.
R/PersonalFinance is a subreddit for personal finance discussions, such as investing, budgeting, and saving money.
The subreddit’s community primarily consists of people who are just starting out with personal finance and those who are struggling to make ends meet as well as plenty of people who are ready to give back and help others.
Followers: 17.6m Members (as of April 2023)
Top Post: You are not “family” to your employer.
r/wallstreetbets
r/wallstreetbets is a subreddit that discusses the world of Wall Street, and how it impacts current events in financial markets. The subreddit’s name is a reference to the popular trading platform Wall Street.
Wall Street bets are financial wagers known for moving so-called “meme” stocks. Also, they are known to move stocks quickly in one direction to force hedge funds to cover their short sales, such as GME or AMC.
People in this community may win big and lose big since they are gambling on the information. You need to learn the meaning of YOLO.
Followers: 13.8m Members (as of April 2023)
Top Post: Times Square right now
r/bitcoin
The subreddit r/bitcoin is a popular Bitcoin news, discussion, and information site. The subreddit is one of the most active on Reddit with over 3 million subscribers.
As it is a digital means of payment, Bitcoin can resist wild rises in inflation and unfair banking practices because people are the ones who control their power and money. That is the belief of this community.
Followers: 4.9m Members (as of April 2023)
Top Post: It’s official! 1 Bitcoin = $10,000 USD
r/stocks
r/stocks is a subreddit in which people discuss the stock market, share trading strategies, and ask questions related to the stock market. There are no rules on r/stocks; users can post links to articles, ask questions, or share their own thoughts on the stock market.
Posts related to reddit stocks are welcome on /r/stocks, but read the rules first. Feel free to share a ticker everyone should know about.
Followers: 5.3m Members (as of April 2023)
Top Post: Companies try to prevent people from trading GME and AMCDiscussion
As you can tell, most of the popular Reddit topics are related to making money through stocks or cryptocurrency.
Is that a bad thing? No.
Just remember… You can learn to fish or you can be fed by others. Personally, I think it is best to learn how to fish and find your own way to make money with stocks and cryptocurrency.
Must Read:
The Next Best 21 Personal Finance Subreddits
The purpose of any of these subreddits is to provide an online community where people can discuss their finances in a respectful, non-judgmental, and anonymous environment.
We will cover the best personal finance Reddit forums that offer advice that can help people at all levels of their finances with tips ranging from simple ones such as grocery shopping without checking receipts and getting discounts by using apps to more complicated ones like how to save up for a vacation.
This list is not limited to just Reddit threads.
Here is a collection of the top 22 personal finance subreddits on Reddit:
R/Frugal
R/Frugal is a subreddit on Reddit.com that focuses on frugality and the concept of living life with less money. Also, the community is made up of individuals who are interested in living a lifestyle of less spending and more saving.
Frugality takes mental preparation of all your resources including time, money, convenience, and any other desired things.
Followers: 2.9m Members (as of April 2023)
Top Post: I got bids from tile setters to do a backsplash for $2000. I ended up doing it myself for under $200.
R/investing
Reddit’s r/investing is a subreddit dedicated to the stock market. It has more than 2.0 million subscribers and provides information on stocks, investing strategies, and other related topics.
Investing is the process of putting money into assets in the hope that they will increase in value. Sometimes investments are made by professionals, but most often, people invest for themselves and their families.
If you are looking for advice on investing, r/investing is the place to go. With nearly 2 million readers and growing, there is a lot of information here that can help people make better financial decisions.
Followers: 2.2m Members (as of April 2023)
Top Post: Robinhood and other brokers literally blocking purchase of $GME, $NOK, $BB, $AMC; allow sells
R/Shoestring
A discussion community focusing on travel and cheap options for traveling, whether through couchsurfing, camping, staying in hotels or hostels.
Discuss topics such as booking last-minute plane tickets, cheap destinations, budget transportation like hitchhiking or staying in Airbnbs. Learn the benefits of these different methods of travel.
Wanting to travel on a shoestring budget is a real gig!
Followers: 2.0m Members (as of April 2023)
Top Post: I worked roughly 10 hours a week at an Airbnb in exchange for housing and amenities.
R/realestateinvesting
Real estate investing is the process of buying a property with the intention of renting it out or flipping it for profit. The term applies to any real estate investment but typically refers to residential properties that are bought and sold.
Real Estate Investing is a popular topic on Reddit. It covers the types of investments, such as flipping houses to investing in commercial real estate, or even wholesaling.
Followers: 1.7m Members (as of April 2023)
Top Post: Today, at the age of 28, I became a millionaire
R/Financialindependence
The r/financialindependence subreddit is a good place to find people who are working towards financial independence.
This is a place where people who are or want to become financially independent, which means not working for money can meet one another.
Having money affirmations are a huge part of the motivation for those in the FI movement.
Followers: 1.9m Members (as of April 2023)
Top Post: Just Crossed 100K Net Worth Living in NY
r/PersonalFinanceCanada
r/PersonalFinanceCanada is a subreddit that is dedicated to Canadian personal finance and investing topics. The Reddit personal finance Canada community has over 600,000 subscribers who share questions, experiences, advice, and more.
This is great for country-specific financial issues.
Followers: 1.2m Members (as of April 2023)
Top Post: Bullet Dodged- First Time Home Buyers Be Ware.
r/UKPersonalFinance
The subreddit r/UKPersonalFinance is a place for people to share their personal finance experiences with others. The subreddit was created by two UK-based users in 2013 and originally had about 200 subscribers. It now has more than 500,000 subscribers and is one of the most popular finance-related subreddits on Reddit.
Learn, discuss, and request help on how to get access to, budget for, protect your money from, save and invest your money in the UK.
Followers: 1.0m Members (as of April 2023)
Top Post: Financial Reality Check
R/CreditCards
R/CreditCards is a subreddit dedicated to the discussion of credit cards, credit and debit cards, prepaid cards, banks, loans, etc.
In addition to the standard trading of information on pricing and terms, Reddit users can also post links to other websites that offer credit card offers.
Followers: 1.2m Members (as of April 2023)
Top Post: Do not do this, if you want your credit card to remain open
r/finance
R/Finance is a subreddit on Reddit that focuses on personal finance. The sub has more than 20,000 subscribers and receives more than 100,000 views per day.
All questions must be asked in the Monday Morning catch-all threads.
Followers: 1.8m Members (as of April 2023)
Top Post: Bipartisan bill would ban lawmakers from buying, selling stocks
r/budgetfood
The subreddit r/budgetfood is dedicated to discussing and sharing the best cheap food ideas. It has a strong focus on coming up with recipes that are both nutritious and easy to make.
Find great tips to stretch your grocery budget.
Followers: 1.2m Members (as of April 2023)
Top Post: Sesame “chicken,” but with cauliflower
r/FinancialPlanning
A subreddit to discuss and ask questions about personal finances, budgeting, investments, and insurance of people’s portfolios.
Followers: 581k Members (as of April 2023)
Top Post: Dad Level – Expert
R/leanfire
R/leanfire is a subreddit for posts about lean startup, business, and marketing. The name of the subreddit comes from the lean startup methodology philosophy which has been popularized by Eric Ries and Steve Blank, who are both cited as the founders of the lean startup movement.
R/Leanfire is a subreddit for those who are trying to achieve the type of success that qualifies you as financially independent. It’s not an easy task, but it can be done with hard work and determination.
Followers: 260k Members (as of April 2023)
Top Post: Just paid off my house
R/passive_income
Reddit has a subreddit that is dedicated to the topic of passive income. This includes things like side-hustles and other ways to make money without having to work for it.
The passive income community on Reddit discusses how they can make money. They post their experiences and give advice to other members of the community about making passive income. This is great for finding more ways to make money.
Followers: 322k Members (as of April 2023)
Top Post: I’m sure this means passive income. But can someone explain it. I don’t get it.
R/FIRE
R/FIRE is a subreddit that focuses on the topic of financial independence retire early.
For financial independence retire early movement has become popular over the past 5-10 years.
This is not just a community, but a place to discuss Financial Independence Retiring Early (FIRE) by fighting for financial freedom and controlling your destiny.
Followers: 263k Members (as of April 2023)
Top Post: Don’t be discouraged by young people who seem to be doing way better than you.
R/StudentLoans
R/StudentLoans is a subreddit dedicated to financial aid advice and discussion.
Some people are having trouble with student loans and they may be asking for advice. Here is some information on how to pay off your loan, as well as make mistakes that could lead to fees or interest added onto the balance of a loan.
Followers: 281k Members (as of April 2023)
Top Post: Biden to extend waivers another nine months
R/Bogleheads
The subreddit R/Bogleheads is a community for people who follow Jack Bogle’s simple investing methods to diversify and let compounding grow wealth. They share common interests and discuss topics such as the US financial system, taxation, Social Security, and retirement.
Perfect community for the passive investor.
Followers: 241k Members (as of April 2023)
Top Post: I started investing in my 401k 25 years ago this week. Hit a milestone today.
R/sidehustle
The term, “side hustle”, is a movement in recent years. Side Hustlers are people who would like to supplement their income by doing activities that they enjoy outside of work or school. In this community, start a small business or non-professional activity that you do in your spare time to supplement your income.
Followers: 412k Members (as of April 2023)
Top Post: Strange Side Hustle – I resell Bras full time on Amazon. AMA
R/money
r/money is primarily composed of people discussing personal finance topics such as stocks, investing, taxes, and personal finance.
Consequently, this smaller subreddit will help you get real advice and not lots of random opinions.
Followers: 89.9k Members (as of April 2023)
Top Post: New r/money subreddit icon?
Reddit Personal Finance Flowchart
The flowchart below describes the general process of saving for a goal. The user has to consider how much money they can allocate each month, and then determine how long it will take them to save for their goal.
This is a very similar concept to a personal financial statement.
You must consider how much you want to save each month, as well.
Find the Reddit personal finance flowchart.
In addition, the simplicity of the flowchart will be surprising.
Must Read: Money Bliss Steps to Financial Freedom
Reddit Personal Finance FAQ
Avoiding Reddit may be hard, but it is possible to avoid the more toxic parts of this site. There are a few key things to keep in mind that will help you avoid the worst of Reddit.
Avoid #1 – Posting Personal Information
The best practice is to avoid posting personal information. As such, your information may be used against you. Reddit is a social media website with different spheres of interest.
In order to avoid appearing disingenuous, it is best not to ask for upvotes or downvotes on posts.
Avoid #2 – Breaking the Thread Rules
The website has its own set of rules which every user should be familiar with before posting anything on the website. Reddit is known for its open dialogue, where members are encouraged to discuss a variety of topics from politics to technology.
However, people frown upon breaking the community rules.
Getting kicked out of many Reddit forums for not following the community rules is a possibility.
Avoid #3 – Be Careful on Opinions
The popular, winning opinions on Reddit are often biased and not based on facts. One example is the “What’s your favorite type of cheese” thread. In the end, it was a wildly popular opinion and later debunked by science.
One way to avoid these posts is by following an established Redditor with a solid reputation who has shown their ability to discuss topics like investing or personal finance without being judgmental or overly emotional about it.
Always do your own research to back up anything you may have learned on a r/personalfinance thread.
Reddit Personal Finance Windfall of Information
It is difficult to save money and track your finances because there is so much information coming at you.
There is no one likable than a hero in the story of personal finance, but what if you could be that hero?
These Reddit Personal Finance Threads are a great way for beginner investors or people just starting out on their own journey to learn about the different aspects of personal finance.
Also, there are helpful for veterans trying to keep up with all those new financial technologies over the years.
The best 25 Reddit Personal Finance Threads include some interesting posts on the topic from different perspectives like stocks, earning more money through certain professions, making your first million dollars, etc.
Thus, giving you plenty of insightful tips for success in life and finances!
After reading this Reddit personal finance article, make sure to subscribe for more Money Bliss tips.
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Technological advancement and innovation will drive the demand for textile home decor market.
Wilmington, Delaware, United States, Feb. 13, 2024 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The textile home decor market was valued at US$ 92.5 billion in 2022. By the end of 2031, it is expected to reach US$ 146.9 billion, expanding at a 5.4% CAGR during the forecast period. Technology will continue to play an increasingly important role in the design and manufacture of home decor products. Sensors and technology embedded in textiles and fabrics may become more popular for controlling temperatures, lighting, and even interactive features.
Textiles that are both attractive and functional have the potential to redefine the concept of home products. It is anticipated that consumer demand for individualized and distinctive items will only increase. It may become more common for consumers to use customization tools and services to create their own textile home décor pieces. This style is in line with the growing significance of uniqueness in interior design.
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Sustainability is expected to gain more attention in the future. There is an increasing demand for eco-friendly, organic, and sustainably sourced materials in home design as consumers become more ecologically concerned. Businesses that use sustainable methods could get an advantage over their competitors.
Key Findings of the Market Report
An increase in interior decor expenditure contributes to the growth of the textile home decor market.
Textile home decor accounted for the largest share of the market in North America in 2022.
A rise in residential construction increases the size of the textile home decor market
Living room decor has become more popular, which has led to a rise in the demand for living room linen.
With the rise of e-commerce stores, textile home decor is expected to become more affordable.
Global Textile Home Decor Market: Key Players
With the mounting demand for textile home decor with sustainable fabrics, several manufacturers are developing environmentally friendly home decor ideas and advanced textiles.
Prominent Market Players
Inter Ikea Systems B.V.
Mohawk Industries Inc.
Ashley Furniture Industries Inc.
Berkshire Hathaway Inc.
Williams-Sonoma Inc.
Nitori Holdings Co. Ltd.
Leggett & Platt, Incorporated
American Textile Company Inc.
Kurlon Enterprise Limited
Companhia de Tecidos Norte de Minas
Mannington Mills Inc.
Key Developments
In March 2023, ÖMSESIDIG added a new element to IKEA’s collection, exploring the traditions of coming together, celebrating, and culture in Latin America, collaborating with Mexico, Chile, and Colombian designers. In April, a wide range of products, including glassware, tableware, decorations, and textiles, was available in IKEA stores.
In May 2023, Williams-Sonoma, Inc. released GreenRow, the company’s first major brand in over a decade. An infusion of bright color contrasts with sustainable home decor and furniture collection. Using leftover fabric from ottomans for stool upholstery is one way the brand utilizes scraps of material.
Global Textile Home Decor Market: Growth Drivers
The need for textile home decor items is greatly influenced by shifting customer tastes and lifestyle trends. Unique and visually appealing home furniture is becoming increasingly popular as people look to customize their living areas.
Textile home décor pieces, including pillows, rugs, and curtains, allow customers to show off their unique flair, fueling the market for creative and varied patterns.
The growth of e-commerce has greatly impacted the market for textile home décor. Online shopping’s ease of use has expanded the market for well-known and up-and-coming companies, giving customers simple access to a large selection of goods. E-commerce sites provide a venue for producers and craftspeople to present their textile home décor lines, expanding the market’s reach internationally.
Sustainability is a factor that influences the textile home décor industry. Customers are looking for eco-friendly and sustainable solutions in home furnishings as their knowledge of the environment grows. In response, producers are using eco-friendly materials, using sustainable production methods, and encouraging ethical sourcing.
This move towards sustainability fits with global efforts for a more responsible and environmentally friendly production process and customer preferences. This helps to drive the textile home decor market’s overall expansion.
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Global Textile Home Decor Market: Regional Landscape
Asia Pacific’s textile home decor industry is forecast to grow robustly during the forecast period. Rapid urbanization and rising disposable incomes are driving home design item demand in the region. Increased urbanization and better economic conditions fuel a demand for textiles in home design, resulting in increased emphasis on improving living spaces.
Cultural diversity and a rich heritage in many Asian countries influence home decor preferences. Consumers frequently seek products that reflect their cultural identity and customs, resulting in a wide and active market for textiles catering to a variety of design aesthetics and trends.
E-commerce is also playing a major role in Asia Pacific’s economic growth. With an increasing number of consumers preferring online purchasing for its convenience and accessibility, textile home décor firms have broadened their reach via digital channels. This change to online retail not only gives consumers a wider range of options but also allows manufacturers to reach new markets and demographics.
Global Textile Home Decor Market: Segmentation
By Product Type
Rugs
Bath Linen
Bed Linen
Kitchen and Dining Linen
Curtains
Living Room Linen
Floor Carpets
Others
By Distribution Channel
Retail Stores
Direct-to-Consumer
Manufacturer Stores
E-commerce Stores
Discount Stores
Rental Stores
Club Stores
DIY Stores
By Application
Indoor
Outdoor
Others
By Region
North America
South America
Middle East & Africa
Asia Pacific
Europe
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
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Kansas presents a compelling landscape for renters seeking the balance between serene living and vibrant urban life. This ApartmentGuide article takes you through the Sunflower State’s most appealing cities for renters. From the historical allure of Wichita to the suburban charm of Overland Park, we delve into the rental markets, neighborhoods, and cultural offerings that make Kansas an attractive place for renters. Here are the major cities in Kansas to consider moving to.
1. Wichita, Kansas
Population: 397,532 Average rent for a one-bedroom apartment: $869 Average rent for a two-bedroom apartment: $1,097 Wichita, KS apartments for rent Wichita, KS homes for sale
Wichita is a beacon of culture and commerce in the heart of the Midwest. With its dynamic arts scene and the bustling Old Town district filled with unique shops and restaurants, there’s never a dull moment. The city also prides itself on its aviation industry heritage, offering several museums and attractions that celebrate its storied past.
2. Overland Park, Kansas
Population: 197,238 Average rent for a one-bedroom apartment: $1,045 Average rent for a two-bedroom apartment: $1,238 Overland Park, KS apartments for rent Overland Park, KS homes for sale
Overland Park offers a perfect blend of suburban charm and urban convenience, making it an ideal place for those seeking a balanced lifestyle. The city is home to an array of parks and recreational facilities such as the Overland Park Arboretum and Botanical Gardens. It also boasts top-rated schools and a thriving job market. Its vibrant downtown area is home to a variety of shops, eateries, and cultural events, ensuring that residents have plenty of options for leisure and entertainment.
3. Kansas City, Kansas
Population: 156,607 Average rent for a one-bedroom apartment: $862 Average rent for a two-bedroom apartment: $995 Kansas City, KS apartments for rent Kansas City, KS homes for sale
Kansas City is renowned for its cultural heritage, particularly in jazz music and cuisine, with some of the best barbecue joints in the country. Joe’s Kanses City Bar-B-Que is favorite. The city’s diverse neighborhoods offer a wide range of living experiences, from the historic charm of its older districts to the modern amenities of newer developments. With numerous museums, parks, and entertainment venues, Kansas City provides an urban lifestyle with a friendly, community feel.
4. Olathe, Kansas
Population: 141,290 Average rent for a one-bedroom apartment: $1,075 Average rent for a two-bedroom apartment: $1,250 Olathe, KS apartments for rent Olathe, KS homes for sale
Olathe is a rapidly growing city that offers a high quality of life for its residents. The city is known for its excellent educational institutions, parks, and a strong sense of community. Olathe’s thriving economy and affordable living costs make it an attractive place for newcomers. The city also hosts various cultural and recreational events such as the Olathe Arts Festival throughout the year, catering to a wide range of interests.
5. Topeka, Kansas
Population: 126,587 Average rent for a one-bedroom apartment: $725 Average rent for a two-bedroom apartment: $875 Topeka, KS apartments for rent Topeka, KS homes for sale
Topeka, the capital city, is steeped in history and political significance, offering residents a unique blend of cultural heritage and modern living. The city is home to several historic sites, museums, and the State Capitol, which provide a glimpse into the state’s and nation’s past. Topeka’s community is welcoming, with numerous parks, libraries, and community centers that foster a strong sense of belonging among residents.
6. Lawrence, Kansas
Population: 94,934 Average rent for a one-bedroom apartment: $852 Average rent for a two-bedroom apartment: $1,040 Lawrence, KS apartments for rent Lawrence, KS homes for sale
Lawrence is a lively college town that exudes a youthful energy and creativity. Home to the University of Kansas, the city is a hub for education, arts, and culture. Lawrence’s vibrant downtown area is filled with independent shops, cafes, and music venues, making it a popular destination for entertainment and nightlife. The city also places a strong emphasis on community involvement and sustainability, with numerous initiatives aimed at improving the quality of life for all residents.
7. Shawnee, Kansas
Population: 67,311 Average rent for a one-bedroom apartment: $1,080 Average rent for a two-bedroom apartment: $1,427 Shawnee, KS apartments for rent Shawnee, KS homes for sale
Shawnee is recognized for its blend of historical heritage and modern living. The city prides itself on its well-preserved historical sites and beautiful parks, offering a peaceful retreat from the hustle and bustle of city life. The JoCo Museum of History is a highlight. Shawnee’s strong community spirit is evident in its numerous festivals and events that bring residents together. The city also boasts excellent schools and a thriving local economy, making it a great place to live and work.
8. Lenexa, Kansas
Population: 57,434 Average rent for a one-bedroom apartment: $1,624 Average rent for a two-bedroom apartment: $1,972 Lenexa, KS apartments for rent Lenexa, KS homes for sale
Lenexa, often referred to as the “City of Festivals,” is known for its community life and numerous annual events that celebrate the city’s culture and history. Residents and visitors alike enjoy the The Great Lenexa Barbecue Battle in June and the Spinach Festival in September. The city offers a high standard of living with its well-maintained neighborhoods, excellent schools, and ample green spaces. Lenexa’s strategic location and robust economy attract businesses and residents alike, making it a dynamic and prosperous place to call home.
9. Manhattan, Kansas
Population: 54,100 Average rent for a one-bedroom apartment: $785 Average rent for a two-bedroom apartment: $990 Manhattan, KS apartments for rent Manhattan, KS homes for sale
Manhattan, affectionately known as “The Little Apple,” is a charming city that offers a unique blend of college town vibrancy, cultural attractions, and natural beauty. Home to Kansas State University, the city thrives on the energy and innovation of its student population. Manhattan’s residents enjoy access to a variety of outdoor activities, including exploring the nearby Flint Hills and Tuttle Creek Lake. The city’s commitment to community and education makes it an enriching place to live.
10. Salina, Kansas
Population: 46,889 Average rent in Salina: $991 Salina, KS apartments for rent Salina, KS homes for sale
Salina serves as a cultural and economic hub in the region, known for its thriving arts scene, historical attractions, and community-focused events. The Smoky Hill River Festival offers residents 3+ days of music and arts. The city’s housing market is diverse, offering a range of options for potential residents. Salina’s commitment to education, health care, and local businesses contributes to its reputation as a welcoming and dynamic community.
Methodology : The population data was retrieved from the United States Census Bureau for 2021, while the average rental data was sourced from Rent.com and the Redfin Data Center in March 2024.