The difference between thrift stores and consignment shops

Consignment and antique shops are great, but they tend to be pricier because their collections are curated. These stores do all the hunting down and fixing up for you, and that service is offset via higher price tags. While consignment shops are more likely to have highly sought after antiques from pedigreed brands, you can still certainly find hidden gems at nearly any thrift store — you just may have to put in more effort to find what you’re looking for. Balance the odds of what you want being there with the price range you’re willing to pay when deciding where to shop.

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Getting what you need while giving back to the community

Many of your favorite causes run thrift shops to help fund their programs and services. Prime Thrift near Fair Park benefits American Veterans (AMVETS), Disabled American Veterans (DAV) and other local and national charitable organizations, while Out of the Closet in Oak Lawn benefits the AIDS Healthcare Foundation. Genesis Women’s Shelter, a nonprofit that provides safety, shelter and support for women and children who have experienced domestic violence, operates two thrift stores: one in Oak Lawn and another in South Oak Cliff. There are four Soul’s Harbor locations throughout the metroplex, with proceeds going toward its programs to help men break the cycle of homelessness and addiction. Some of these shops even have exclusive relationships with estate liquidators, increasing your chances of finding treasures among their wares.

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If you’re looking for a bit more than just decor, check out your local ReStore, which benefits Habitat for Humanity. There, you can find actual building materials, such as tile, cabinets, wood flooring, windows, doors or even vintage brick. In addition to these, they also have plenty of new and vintage home furnishings, large appliances and more. With 10 locations across D-FW, it’s a convenient alternative to big-box stores when shopping for your next home design project.

Choose your shopping days wisely

For donation-based thrift stores, Mondays and Tuesdays are typically the best days to shop, because most people tend to drop off items early in the week after spending the weekend cleaning. Signing up for emails is a great way to stay on top of the latest finds and deals, but there’s just no substitute for going in regularly. It works the same with searching online, whether it’s eBay, Craigslist, or Facebook Marketplace. “I’m a huge fan of Facebook Marketplace” says Whitney Marsh, an interior designer and business owner who furnished her Oak Cliff coffee shop, B-Side, with thrifted finds. “I also really love Souls Harbor in Waxahachie,” Marsh notes.

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Whitney Marsh, an interior designer and business owner, furnished her Oak Cliff coffee shop B-Side with thrifted finds, including this handmade tile she found for less than $100.(Whitney Marsh)

Have a strategy before you start shopping

There are two ways to go about hunting vintage pieces. Either have a piece or project in mind and know what you want to pay for it, or be able to spot a good deal. This can involve researching brands, pieces, and eras to be able to find your ideal mix of quality pieces that aren’t in demand. Marsh says that’s her strategy. “I know what I like, and I also know what brands are known for quality goods,” she explains. “I definitely have a style. I’m drawn toward leather furniture, solid wood, wool rugs and unique art.”

Marsh created this seating area using chairs thrifted from Soul’s Harbor and a unique brass ship she found through Facebook marketplace.(Whitney Marsh)

For example, you may love midcentury modern (MCM) pieces, but the popularity of decor from that era means there’s more demand, and unscrupulous sellers may assign that label to random items in order to get them to sell. You may find more success by researching some favorite brands or designers from the MCM era and looking for those specifically to avoid fake listings and inflated prices. Be aware that people will list items online with a famous brand name keyword to get more hits, such as saying a “Pottery Barn-style” rug or “MCM-style lamp.” If you’re shopping in person, don’t be afraid to ask the store’s staff about an item you’re looking for; they may have something similar that just hasn’t been put out yet. Or, they might be willing to take down your name and keep an eye out for items on your list — especially if you’re a regular customer.

Simple design rules to consider

In this area Marsh designed for a client, she paired a thrifted console with a modern lamp and abstract art to create balance.(Whitney Marsh)

Once you’ve found that unique piece you’ve been searching for, how do you style it? Thrifted pieces bring character into a space, but it is possible to have too much of a good thing, says Marsh. “I like to pair thrifted pieces with more high-end textiles. I love an old leather sofa that’s worn in against a very bold luxury wallpaper.” If you buy a well-worn piece and want to play up that lived-in aesthetic, try to surround it with items that are clean and modern. Too much rusticity can end up looking like neglect. Same goes for smaller items, such as pots, frames or books — space them out in designed vignettes throughout your home instead of clustering them all together. Also, keep in mind that pairing thrifted furniture is easier when they share some similar elements. For example, mismatched nightstands look more cohesive if they are roughly the same size and color.

Thrifting can be a way to save big, depending on when and where you shop, and what you’re looking for. “I definitely shop with a specific corner or space in mind. I also really only pull the trigger on things that seem like they’re good quality and the right price,” says Marsh. But if you’re patient, persistent and know what you want and what you’re willing to pay for it, it’s just a matter of time before you find it.

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Source: dallasnews.com

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Cybersecurity, TPO, Verification Tools; Tech Tracking Whereabouts; Why Rates Are Where They Are

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Cybersecurity, TPO, Verification Tools; Tech Tracking Whereabouts; Why Rates Are Where They Are

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Fri, Apr 19 2024, 11:33 AM

It is “Take Your Child to Work Day” next Thursday which, if you work from home, is probably like a day off from school for the tyke. (I won’t be bringing my son Robbie to work, who, as I write this, is pedaling from Chicago to New York and bunked down last night in Union Home’s Bill Cosgrove’s humble abode.) I do not track his exact whereabouts, but we all know that, in having a smart phone, one gives up pretty much all of their privacy. For example, a new working paper posted to the National Bureau of Economic Research sought to examine the polling data that indicates 22 percent of Americans reported attending religious services on a weekly basis. They did this by looking at geodata from smartphones of 2 million people in 2019, and found that while 73 percent of people did indeed step into a place of worship on a primary day of worship at least once over the course of the year, just 5 percent of Americans studied in fact did so weekly, significantly smaller than the data people reported to pollsters. (Found here, this week’s podcasts are sponsored by Optimal Blue. OB’s smart solutions automate critical functions like pricing, hedging, trading, and social media. More originators and investors rely upon Optimal Blue’s integrated solutions, data, and connections to support their unique business strategies, no matter how complex. Hear an interview between Robbie and me on a variety of topics in mortgage that are germane to the Daily Commentary.)

Lender and Broker Products, Software, and Services

Operations leaders! You don’t want to miss this event if you care about improving your operations! Join Femi Ayi, EVP Operations at Revolution Mortgage, Brooke Smith, Senior Manager, Loan Sourcing Digital Solutions at Fannie Mae, and Jodi Eberhardt, Strategic Integration Director at Freddie Mac, and Richard Grieser, VP, Marketing at Truv, as they highlight different strategies to provide customers with a more transparent, efficient borrowing experience. Freddie Mac’s Loan Product Advisor® asset and income modeler (AIM) and Fannie Mae’s Desktop Underwriter® (DU®) validation service play a critical role for lenders committed to streamlining origination processes and improving loan quality. However, the key to optimizing borrower verification workflows and ensuring compliance is partnering with the right provider that helps lenders improve loan quality and save hundreds of dollars per loan compared to traditional verification providers. Come join us! “Minimizing Risks with GSE Borrower Verifications”, April 24 2:00 PM ET Use code TRUV100 to participate FOR FREE, even if you are not an MBA member! Register now.

“AFR Wholesale® is thrilled to announce the renewal of our partnership with AIME for 2024, underscoring our commitment to the wholesale channel. As we continue our collaboration, we are committed to providing essential resources, comprehensive training, and robust support to independent mortgage professionals and the wholesale channel. This partnership will allow AFR to set new industry standards, promote best practices, and deliver exceptional services to our clients and partners. We also will look to spearhead innovative initiatives aimed at boosting operational efficiencies and enhancing customer experiences. Reflecting on a history of successful collaborations, we are excited about the potential for even greater achievements. This announcement is just the beginning, as AFR plans to unveil several exciting partnerships and updates in the coming weeks. Join us in driving change in mortgage lending. To get involved, contact us at [email protected], 1-800-375-6071, visit AFR.”

In the wake of frequent breaches within our industry, we are reminded of the precarious position mortgage lenders and their customers’ data are currently in. These repeated security incidents emphasize an undeniable truth: robust cybersecurity defenses are not merely an option; they are imperative. A breach can mean the difference between a thriving business and a devastating collapse. There is a very real risk to mortgage companies right now; you’re not just guarding data, you’re safeguarding trust, livelihoods, and the very integrity of the financial system. It’s a responsibility to take seriously, and it’s time to double down on cybersecurity. Richey May’s cybersecurity team is here to help: Check out the latest post detailing the often-overlooked risks in the industry.

Capital Markets

One can’t ignore the U.S. Federal Reserve’s role in interest rates. (The current STRATMOR blog is titled, “Relying on the Fed: How Did This Happen?”) The “experts” have been predicting multiple rate cuts in 2024. Sure enough, the much-awaited Fed pivot has materialized, but it’s not what investors had been expecting. The Fed change was supposed to signal a reverse of its contractionary monetary policy path, keeping rates high, which has been in place since March 2022.

But that is not the message, especially after three consecutive months of stronger-than-expected inflation readings. Fed Chair Jay Powell said, “The recent data have clearly not given us greater confidence and instead indicate that it’s likely to take longer than expected to achieve that confidence. Last year, rebounding supply supported U.S. growth in spending and also employment, alongside a considerable decline in inflation. The more recent data show solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2 percent inflation goal.”

As always, the Federal Reserve is watching the data as it comes out. But things will be higher for longer. At least the next rate move is still forecast to be a cut. Things could get rocky for lenders and borrowers if that shifts to a hike, which could happen if price pressures resurface and put a so-called soft landing into doubt. And now we have the yield on the benchmark 10-year U.S. Treasury note up at its highest level since November, above 4.6 percent versus a yield of 4.25 percent in the last week or two and starting the year at 3.88 percent, meaning that the 10-year is now nearing a full point rise for 2024!

As today’s podcast interview alluded, it’s been pretty quiet out there in terms of market-moving news. Weekly jobless claims showed no change from last week’s level and there was a better-than-expected Philadelphia Fed survey for April yesterday, which prompted some selling. Investors bought plenty of Treasuries to close 2023 and open 2024, betting on several rate cuts this year from the Fed. However, Fed speakers hammering home patient rhetoric on interest rates (several more Fed speakers reiterated yesterday that they do not feel urgency to cut rates at this time) due to a reluctance of the U.S. economy to cool, has forced investors to abandon bets on a rally, giving way to a wave of selling.

Accordingly, mortgage rates surged in the latest Primary Mortgage Market Survey from Freddie Mac, with the 30-year rate above 7 percent for the first time this year. For the week ending April 18, the 30-year and 15-year mortgage rates jumped 22 basis points and 23 basis points versus the prior week to 7.10 percent and 6.39 percent, respectively. Those rates are 71 basis points and 63 basis points higher than this time last year.

Inflation is back below 3 percent, but hotter-than-expected readings for the rental category of housing in the first few months of the year are a big reason the Fed has held back on the rate cuts that Wall Street has been hoping for. Markets seeing the biggest rent declines are the ones where there’s been the most construction. The Northeast and Midwest have experienced lingering high inflation, while the West and South have seen it moderate rapidly.

Existing-home sales fell 4.3 percent in March to a seasonally adjusted annual rate of 4.19 million, a widely expected decline given the recent slip in purchase mortgage applications and solid gains registered in the first two months of 2024 from increased supply and a temporary dip in mortgage rates. Sales were down 3.7 percent from the previous year. The median existing-home sales price rose 4.8 percent from a year ago to $393,500, the ninth consecutive month of year-over-year price gains and the highest price ever for the month of March. The inventory of unsold existing homes grew 4.7 percent from one month ago to the equivalent of 3.2 months’ supply at the current monthly sales pace.

There is no data of note on today’s economic calendar, though there is one Fed speaker, Chicago President Goolsbee. For capital markets folks, today is Class D 48-hours. We begin the day with Agency MBS prices better by .125-.250, the 10-year yielding 4.59 after closing yesterday at 4.65 percent, and the 2-year is at 4.96.

Employment

“At Evergreen Home Loans, our mission is simple: equip our clients with affordable strategies to not only buy a home but to make a winning offer. Our unique approach helps families secure their futures and build generational wealth. As we navigate a fluctuating housing market, Evergreen Home Loans remains committed to innovation and client success. Our tailored solutions emphasize stability and long-term prosperity, ensuring that homeownership is a reality for first-time buyers and seasoned investors alike. By fostering a supportive environment and providing strategic financial guidance, we empower our clients to turn their dreams of homeownership into tangible assets that benefit generations. We’re expanding our team and invite skilled loan officers and branch managers to explore the career opportunities we offer. Join us in making a difference and shaping the future of homeownership. To view all openings visit: Careers.”

Synergy One Lending continues to reemerge as one of the industry success stories in 2024. The addition of 12 new branches and the successful expansion of the company’s footprint into several new markets has provided an even stronger foundation of profitable growth as it prepares for even more ahead. A vision with a P&L structure built to grow market share, relentless execution and adoption of leading-edge technology and a culture that is focused on their 3 core values (delighted customers, inspired employees and a pristine reputation) are leading indicators of the company’s trajectory. Be part of it and Make Your Mark by reaching out to Aaron Nemec at (208) 794-7786 or Eric Kulbe at (303) 717-0293.

Geneva Financial, operating in 48 states, announced that Jessie Ermel has joined its leadership team as Chief Compliance Officer where Jessie will drive quality control and compliance for the company’s mortgage operations.

Our industry lost another veteran recently with the death of Alabama’s John Johnson. John was CEO and co-founder of MortgageAmerica, Inc. from 1978 to 2012. But John’s mortgage career began in 1966 at Colonial Mortgage Company and then Molton-Allen & Williams. He served as the Mortgage Bankers Association of Alabama President in 1980-1981 and chaired the organization’s Convention in 1982. John was awarded the Certified Mortgage Banker designation in 1982. was a member of the Board of Directors of the Mortgage Bankers Association of America from 1999-2003, served as Chairman of the Residential Board of Governors in 2001-2002, and was Chairman of the Board of Directors for MERS in 2006. Guys like this helped make our industry what it is today, and he’ll be missed.

 Download our mobile app to get alerts for Rob Chrisman’s Commentary.

Source: mortgagenewsdaily.com

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1

Plaster Textures

Haris Kenjar

“I am gravitating towards rustic stone and plaster, specifically using them together as I think the juxtaposition of the two opposing materials side by side is so beautiful. Moving into warmer months for me also means turning away from the darker, heavier colors, specifically with undertones of brown or orange and instead embracing more vibrant colors that reflect spring and summer floral blooms like white, yellow, and green.” —Rita Donahoe, owner and principal designer at Rita Chan Interiors and TALD Member

2

Pops of Color

KEVIN MIYAZAKI

“This spring, I’m seeing people becoming much braver with color and pairing warm, earthy neutrals with pops of bright primary colors like vibrant acid yellow, lovely lime green, bright oranges, and an accent red. Using a pop of color brings such a gorgeous sense of optimism into a space—just like spring. This trend is also timeless, as the primary color is an accent, and the neutrals the accent is paired with will stand the test of time.” —Tash Bradley, color psychologist and director of interior design at Lick Paint

3

More Personal Design

Chris Motallini

“I feel like for a while a good portion of the design world has seemed like it has become a little bit homogenized, but I think more designers and individuals are starting to tell their own authentic stories, utilizing the colors and textures and materials that are truest to their clients’ stories or lives. Perhaps the trend is just more personal design, and I love that. I want to see a variety of ideas, perspectives, and styles versus so much of the same look. It’s so much more inspiring to see creations that are totally unique!” —Rita Donahoe, owner and principal designer at Rita Chan Interiors and TALD Member

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Small-Scale Florals

Pierre Galant

“For spring we are excited to see dramatic color in small doses. Unlikely color combinations are here, and we are excited to infuse reds, pinks, and saturated colors together to create interest and cheer in a space. We are looking at wallpapers and paint to add color and pattern. We are happy to add small-scale florals as well as bold patterns into our homes.” —Shelby Van Daley, founder and principal designer at Daley Home

5

Dusty Earth Tones

Nicole Franzen

“Dusty earth tones are continuing to dominate the industry, and I think we will see even more of this as we enter spring. Adding natural elements into home decor is also a trend we are seeing on the rise, as well as incorporating vintage pieces into the mix. People are opting for statement pieces that really create wow moments in a home versus overaccessorizing.” —Meredith Owen, founder and principal at Meredith Owen Interiors

6

Oversized Branches

Katie Hodges Design

“I love incorporating organic elements in my decorating. Whether faux or real, plants and stems breathe life into any space. If you can only make one change seasonally, I recommend refreshing your greenery with seasonal varieties. In the spring, I am especially drawn to large-scale flowering branches for a dramatic display.” —Summer Little, owner and principal designer at Prescott Design and TALD Member

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Botanical Prints

KEVIN J. MIYAZAKI

“In terms of pattern, I’ve seen nature-inspired novelty prints gain popularity this season. Overall, there’s a growing emphasis on the use of color and a mix of patterns in design, along with a resurgence of classic menswear-inspired patterns like plaids, houndstooth, and jacquards.” —Lindsie Davis, founder and principal designer at Blueberry Jones Design

8

Metal Surfaces

Assembly Line

“There is a more eclectic mix of materials and styles emerging. I think we will see more classic shapes and patterns mixed with industrial-feeling pieces like the Frama Rivet table. I would also say our palette is definitely lighter lately, moving away from the heavier natural colors like dark greens and browns. We have instead been drawn to lighter blues and purples, as well as reflective materials.” —Colin Stief, interior designer and partner at General Assembly

9

Mustard Yellow

Stephen Karlisch

“Mustard yellow—we’re partial to India Yellow by Farrow & Ball—is the perfect blend between warm and vibrant. With its brown undertones, this hue can be paired with a warm white for a light mood or a deep brown for a rich contrast.” —Maria Vassiliou, interior architect and owner of Maria Zoe Designs

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Curved Silhouettes

KEVIN J. MIYAZAKI

“One word that keeps coming up time and time again among my clients is cozy. To make a space cozy, relaxed, and welcoming, use any materials with an organic form and no sharp edges. I’m seeing this more and more through circular sofas, a round kitchen table, or headboards with a wave to them. Anything circular will give you that cozy and wholesome feeling. ” —Tash Bradley, color psychologist and director of interior design at Lick Paint

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Source: housebeautiful.com

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FaZe Clan co-owner and uber-successful Youtuber Brian Rafat Awadis, better known as FaZe Rug, is moving up in the world. Or rather, moving out.

Known for his engaging content that spans from pranks to heartfelt vlogs, the YouTube phenomenon — who has a massive following of over 25 million subscribers — set up residence in a ritzy $4.4 million mansion located in Poway, California, a suburb of San Diego.

The purchase came after a stressful time that saw the Youtuber move back in with his parents due to the pressures of his growing fame, seeking comfort during a challenging time.

Now in a much better mental space, the successful content creator is enjoying life in his lavish new digs, often sharing clips filmed inside his two-story mansion. He’s even given his fans a full tour of the sprawling abode, and his followers had nothing but words of support and admiration.

And if one of his hit videos got you wondering where FaZe Rug lives, we have the scoop on the YouTube creator’s impressive Cali home.

Purchased in 2022 for $4.4M

Image credit: YouTube

In January 2022, FaZe Rug shelled out $4.4 million for a luxurious estate in the private gated community of The Heritage in Poway, one of the most popular suburbs around San Diego.

Sitting on a 1.04-acre lot, the 6,714-square-foot home is not the only structure on the property. There’s also an attached guest house, a gazebo, and a private sports court, with a total of 10 parking spaces.

The purchase marked a significant upgrade from his previous living arrangements, signaling a fresh start for the content creator. Prior to this, Rug had opened up about the decision to move back in with his parents for a while due to the pressures of his growing fame.

Property specs & amenities

Image credit: YouTube

FaZe Rug’s mansion spans a total of 6,714 square feet, featuring seven bedrooms, six full bathrooms, and one half bathroom.

The property, built in 2017, boasts modern amenities and sophisticated architecture that includes Mediterranean and Spanish influences. Highlights of the home include two grand staircases, a fully equipped open-concept kitchen, and a family room that seamlessly transitions into a stunning outdoor living space.

Beyond the basics: Plenty of unique features

What sets FaZe Rug’s house apart are its many playful, unique features, fully displayed during the video tour the Youtuber recorded for his fans.

A wall made entirely of LEGO bricks not only dazzles but hides miniature-themed rooms, providing quirky surprises that echo Rug’s creative and fun-loving personality.

Image credit: YouTube

These rooms feature everything from a LEGO spaceship to a tiny treasure trove, making them a hit not just in person but also as fun spots during his video tours.

It has a grand double staircase

Entering Rug’s mansion, you’re greeted by a grand double staircase reminiscent of a scene straight out of “Dynasty.”

Image credit: YouTube

This opulent entryway, complete with a sparkling chandelier and modern, airy aesthetics, sets the stage for the rest of the home’s lavish elements. It’s this kind of dramatic flair that gives the house its soap opera-worthy feel — luxurious, inviting, and just a tad over the top.

“The best backyard in the entire world”

FaZe Rug’s mansion is not just impressive on the inside; the outdoor amenities turn his backyard into a true entertainment paradise, making it perfect for both relaxation and hosting epic gatherings — not to mention shooting wildly creative videos.

The centerpiece is a large swimming pool with an integrated spa, perfect for cooling off or enjoying a soak under the California sun. Surrounding this is a luxurious patio area equipped with comfortable seating and an outdoor fireplace, and there’s also a private sports court and a mini golf course complete with a sandpit.

Image credit: YouTube

The backyard — which FaZe calls “the best backyard in the entire world — also comes with a full-scale outdoor kitchen, a pizza oven, and multiple fire pits. With breathtaking views of the surrounding mountains as a backdrop, the backyard offers not just fun and games but also a peaceful escape.

Fans were swept away by FaZe Rug’s house

When FaZe Rug shared his new home with his YouTube audience, the reactions were overwhelmingly positive.

Image credit: YouTube

Fans praised not only the house’s beauty and FaZe Rug’s taste but also the inspirational aspect of his success. Comments ranged from excitement about future content filmed in the home to personal messages of congratulations, emphasizing how Rug’s journey has motivated others to pursue their dreams.

“Congrats Rug, you deserve this dream house can’t wait to see your future vids at this house you bloody legend love your vids you deserve this house more than anything,” one fan shared.

“This is what happens when you’re humble and filled with gratitude! Stay you always Rug!” another chimed in.

See also: Inside JoJo Siwa’s $3.5 Million Mediterranean-Style Mansion

Netizens who’ve been following FaZe’s content since he first started out have expressed joy for the content creator’s success: “I have literally watched you grow up thru YouTube, this is nuts! Your home is so beautiful!!!! Congratulations Rug, for anyone dreaming big, you will do it. If you’re thinking about it, Just do it! Don’t worry about what anyone thinks, just worry about you and the ones who support you Let’s get it”

The new house’s resemblance to his former digs didn’t go unnoticed

Image credit: YouTube

Other fans were quick to point out the house’s resemblance with FaZe Rug’s parents’ house:

“Can we just talk about how the layout of this house is so similar to his parents house?!!! Maybe that’s what makes it feel so homey. Congrats rug it’s well deserved” one fan noted, with another echoing his observation: “It feels homie because the entrance looks like your parents’ house haha. Congrats,” @therealwaseem said.

More stories

YouTube power couple Cody Ko and Kelsey Kreppel list Malibu home — See inside their beach retreat

All the luxe houses MrBeast toured in his “$1 vs $100,000,000 House!” viral video

A look at TikTok stars Nicky Champa and Pierre Boo’s house

Source: fancypantshomes.com

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A historic estate in Carmel, California designed by famed builder M.J. Murphy has recently been listed for a staggering $35 million — and it’s making waves as one of the priciest homes in the idyllic coastal community.

Located along the prestigious Scenic Road in Carmel, the luxurious Spanish-style mansion, aptly named Villa Del Mar (which translates into Sea Villa), boasts uninterrupted oceanfront views, grand interiors, and a lot three times the average size for the area.

It also has the potential to set a new record if it sells anywhere near the asking price.

And we have little doubt that it will, as the real estate agent that holds the listing — Tim Allen — is the same one who delivered last year’s record sale (the Butterfly House, sold for a whopping $29 million).

Like Fancy Pants Homes’ content? Be sure to follow us on MSN.

What $35 million buys you in Carmel

So, what does shelling out a cool $35 million net you in the quaint-yet-pricey town of Carmel? Quite a bit, as it turns out.

Photo credit: Sherman Chu / Tim Allen Properties Team

We’re talking a sprawling 5,529 square feet of luxury living space that’s perched on an oceanfront lot triple the size of your average Carmel pad.

With five bedrooms, six and a half bathrooms, and not one, not two, but three cozy fireplaces, Villa Del Mar has plenty to offer its future owners.

And the location is simply unbeatable. Imagine having Carmel Beach as your front yard, with downtown’s chic cafes and boutiques just a stroll away. This isn’t just a home; it’s a slice of coastal heaven with a VIP pass to Carmel’s top spots.

An M.J. Murphy Legacy Home

Photo credit: Sherman Chu / Tim Allen Properties Team

Crafted in 1928 by none other than M.J. Murphy, a master builder who literally shaped early Carmel-by-the-Sea with his architectural prowess, this home is a true legacy estate.

Murphy, known for erecting nearly 350 buildings between 1902 and 1940, certainly left his mark, and this home is a testament to his legacy. It’s not just a structure; it’s a piece of history.

Sophisticated interiors

Photo credit: Sherman Chu / Tim Allen Properties Team
Photo credit: Sherman Chu / Tim Allen Properties Team

From the grand entrance with its spiraling staircase and custom iron chandelier to the formal dining room ready for swanky gatherings, every corner screams elegance. The heart of the home, a lavishly updated kitchen, can accommodate even the most demanding chef.

Photo credit: Sherman Chu / Tim Allen Properties Team

The Spanish influences continue inside

As you wander through, you’ll notice the Spanish vibes aren’t just confined to the architecture.

Arched doorways, ornate tiles, and sumptuous furnishings all echo the Mediterranean spirit. Each room is a leaf out of a design magazine, adorned with intricate chandeliers and floral motifs that just beckon you to stay a while longer.

Photo credit: Sherman Chu / Tim Allen Properties Team

Rooms open up to uninterrupted ocean views

Nearly every room here frames a picture-perfect snapshot of the Pacific, turning every moment into a tranquil retreat. Whether you’re waking up to the soft sounds of the waves or enjoying a sunset, it’s all about the views.

Photo credit: Sherman Chu / Tim Allen Properties Team

See also: Grant Cardone’s Houses: A $40M ‘Castle on the Sand’ and a Wildly Colorful Main Residence in Florida

Outdoor amenities

Outside, the extravagance continues. A private pool, surrounded by lush gardens, offers a secluded oasis. Fancy a pizza? There’s an outdoor oven ready for those alfresco dining adventures. Plus, a spacious terrace lets you entertain or unwind with the ocean as your backdrop.

Photo credit: Sherman Chu / Tim Allen Properties Team

One of Carmel’s most expensive homes

One of the priciest homes to ever hit the market in Carmel, and nearly matching the price of the historic DL James house Brad Pitt owns nearby, Villa Del Mar has all the potential to beat the record set last year by the Butterfly House, which sold for a hefty $29 million.

Especially with real estate wizard Tim Allen of Tim Allen Properties Team (with Coldwell Banker Realty in Northern California) at the helm. Remember him? He’s the one who brokered last year’s top sale.

Photo credit: Sherman Chu / Tim Allen Properties Team

Listing held by a record-breaking realtor

Speaking of Tim Allen, having the same powerhouse realtor who managed last year’s record sale means this listing might just set new highs. If history is any indicator, we might be witnessing another milestone in Carmel’s real estate saga.

Photo credit: Sherman Chu / Tim Allen Properties Team

More stories

One of Pebble Beach’s first-built homes lists for $22.75M ahead of its 100th anniversary

‘Big Little Lies’ houses: Tracking down the Monterey Five’s stunning California homes

In Pebble Beach, a fully renovated $39M estate takes in all the beauty of the Monterey Peninsula

Source: fancypantshomes.com

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The average barber’s salary is $52,123 a year, according to the latest data from ZipRecruiter. But barber salaries can range from about $17,500 to more than $86,000.

How much money you can make as a barber may depend on several factors, including education, certifications, experience, and where you’re located. Here’s a look at what barbers do and how they get paid.

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Track your credit score for free. Sign up and get $10.*

What Are Barbers?

A barber’s main job is to cut and style hair, usually for male clients. Barbers also may trim or shave facial hair, fit hairpieces, and provide hair-coloring services.

To become a barber, you must obtain a license in the state where you plan to work. Licensing qualifications can vary, but you’ll likely have to meet a minimum age requirement, have a high school diploma or equivalent, and have graduated from a state-licensed barber program. You may also have to pass a state licensing exam.

A barbershop often doubles as a social hub where men can go to swap stories and catch up on the latest news while they enjoy a little personal care. If mingling with clients all day isn’t your thing, you may want to check out jobs with less human interaction.
💡 Quick Tip: Online tools make tracking your spending a breeze: You can easily set up budgets, then get instant updates on your progress, spot upcoming bills, analyze your spending habits, and more.

How Much Do Starting Barbers Make?

An entry-level salary for a barber can range from $8.41 to $41.35 or more an hour, according to ZipRecruiter. Brand-new barbers tend to earn the highest hourly wages in New Jersey, Wyoming, and Wisconsin.

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What Salary Can a Barber Expect to Make?

Barber jobs in the U.S. can pay anywhere from $17,500 to $86,000 or more, according to ZipRecruiter data. How much you can expect to make may depend on several factors, including how many hours you work and how many clients you serve; if you live in a region with more competitive pay; and if you work on commission, rent a chair at a shop, or own your own barbershop.

Here’s a look at the average barber’s income by state.

State Average Salary for a Barber
Alabama $49,572
Alaska $53,033
Arizona $50,968
Arkansas $40,073
California $46,632
Colorado $50,860
Connecticut $47,890
Delaware $48,177
Florida $40,869
Georgia $46,181
Hawaii $51,460
Idaho $44,515
Illinois $46,962
Indiana $52,044
Iowa $47,980
Kansas $44,493
Kentucky $42,214
Louisiana $44,134
Maine $45,672
Maryland $46,693
Massachusetts $53,224
Michigan $42,137
Minnesota $50,551
Mississippi $47,266
Missouri $45,239
Montana $50,200
Nebraska $45,804
Nevada $50,144
New Hampshire $54,449
New Jersey $53,861
New Mexico $50,829
New York $60,841
North Carolina $43,866
North Dakota $52,473
Ohio $49,290
Oklahoma $44,358
Oregon $52,559
Pennsylvania $55,714
Rhode Island $48,681
South Carolina $44,791
South Dakota $49,593
Tennessee $47,059
Texas $44,130
Utah $46,849
Vermont $60,007
Virginia $47,628
Washington $53,744
West Virginia $43,029
Wisconsin $52,882
Wyoming $53,101

Source: ZipRecruiter

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Barber Job Considerations for Pay and Benefits

A barber’s compensation is traditionally set up in one of two ways:

•   Renting a chair or booth: Barbers who rent a chair at a barbershop pay the owner or franchise a fee for the space where they work, but they keep the rest of what they earn. This can give barbers more control over their work schedule and the services they choose to offer.

•   Earning a commission: Barbers who work on commission are paid a percentage of what they earn (typically between 40% to 70%). Or they could receive a predetermined hourly wage or salary plus a bonus commission. New barbers may choose to work a few years on commission to gain knowledge of how the business works and build a clientele, and then switch to renting a chair.

In addition, barbers can earn tips, usually about 15% to 20% of the price of a haircut or other service provided. Online tools like a money tracker app can help you keep track of your spending and saving from month to month.

Pros and Cons of a Barber’s Salary

As with any job, there are pros and cons to working as a barber, including:

Pros

•   Attending a barber school can take less time (usually a year or less) and is far less expensive than getting a college degree. Tuition is about $14,000 on average (not including books and supplies), but costs can range from about $4,000 to $25,000, depending on the program. Financial assistance may be available through federal or private student loans, grants, and scholarships.

•   Job prospects for barbers are good. According to the U.S. Bureau of Labor Statistics, employment for barbers is projected to grow by 7% over the next decade, which is faster than the average for all occupations.

•   Popular barbers often can work the hours they choose while serving clients who appreciate their creativity — and reward them with their loyalty and generous tips. If you like the idea of becoming an entrepreneur, you may even decide to start your own business someday.

Cons

•   It can take time to build a reputation and a reliable list of repeat customers. In the meantime, you may experience some income instability, and tips may vary from one client to the next. This could make budgeting and spending difficult at times.

•   As a barber, you may not receive the same employee benefits that other careers generally offer, including health insurance, a 401(k) or similar retirement plan, paid sick leave, or vacation pay. You might have to work nights, weekends, or a fluctuating schedule that makes it hard to plan your social life. And you may have to pay for your own work tools.

•   You might also want to consider how long your career as a barber might last. Though it can be a fulfilling job, the work can be hard on your neck, back, hands, and feet.
💡 Quick Tip: We love a good spreadsheet, but not everyone feels the same. An online budget planner can give you the same insight into your budgeting and spending at a glance, without the extra effort.

The Takeaway

Your income potential as a barber will likely depend on where you work and the loyalty of your clientele. If you’re a creative and skilled stylist who likes keeping up with the latest trends, and you have good social skills, being a barber could be a great career choice. It also can help to have some business skills, as you may face unique challenges when it comes to managing your income, tracking your cash flow, planning for retirement, and paying taxes.

FAQ

Can you make $100,000 a year as a barber?

Once you establish yourself and build a solid clientele, you may be able to earn six figures as a barber. Your success, though, will likely depend on how in demand you are, how willing you are to travel or work long hours, the clientele you cater to, and if you own your own shop.

Do people like being a barber?

Though barbering can be hard work, barbers on Payscale.com gave their job an average of 4.2 stars out of 5. If cutting hair and providing other personal care services is your passion — and you’d enjoy building a bond with your clients — you could find a career as a barber is right for you.

Is it hard to get hired as a barber?

According to the U.S. Bureau of Labor Statistics, the job outlook for barbers should be solid for at least the next decade. If you get the proper training, become a licensed barber, and can demonstrate that you have the skills and demeanor for the job, it shouldn’t be too hard to find work.


Photo credit: iStock/dusanpetkovic

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Source: sofi.com

Apache is functioning normally

Whether it’s going to bed before midnight, eating broccoli, or dealing with your finances, doing the “right” thing can sometimes feel like a herculean effort.

Similar to an erratic sleep schedule or an aversion to eating green things, there are consequences to delaying wise financial moves. If you avoid creating a budget, putting your bills on autopay or learning how to invest, your financial life may become more stressful.

But knowing something is good for you isn’t always enough to make you do it. Many people have complicated feelings around money, and for good reason. Getting to the bottom of those feelings may be the most effective way to deal with avoidant tendencies.

Uncovering your financial beliefs

To get to the root of your financial anxieties, it may be helpful to learn about your “money scripts,” a term that’s a registered trademark of the Financial Psychology Institute. Money scripts are what financial therapists call the unconscious beliefs we hold about money. Often, these beliefs are rooted in our childhood and continue to shape our financial lives as adults.

Rick Kahler, a certified financial therapist and founder of the Kahler Financial Group in Rapid City, South Dakota, had one client who struggled to save despite being a high-earning professional. Through several interviews, Kahler learned that the client’s parents had filed for bankruptcy when she was a child, and in the process, she lost her own savings.

“She just knew that all her money that she worked hard to save disappeared. And so the lesson she took away from that was ‘don’t save money, because it will disappear,’” says Kahler.

Georgia Lee Hussey, a certified financial planner and founder of Modernist Financial, a B Corp wealth management firm in Portland, Oregon, says that taking what may seem to be a logical step, such as investing just a small amount, before unearthing your deeper emotions may sometimes do more harm than good.

“The small step to get closer to the logical action is actually a reinforcement of the mega story,” says Hussey.

Tools you can use

While uncovering your money scripts may feel daunting, there are a lot of tools out there that can help you get started. You can take the Klontz Money Script Inventory-Revised (KMSI-R), which is a free short quiz that helps you identify your dominant money scripts and offers actionable advice. The KMSI-R evaluation is offered by Your Mental Wealth Advisors, a financial advisor firm based in Burlingame, California, that focuses on overall financial health. Hussey’s firm offers a similar reflective experience you can download for free that can help you facilitate a conversation about your money history.

And if you’re able, it may be worth working with a financial therapist in conjunction with these tools.

“Working with a financial therapist can really help,” says Kahler. “But if a person doesn’t want to do that, they may want to employ journaling or mindfulness meditation that is specifically geared to money scripts. But typically, people can make pretty good progress in really focusing on their personal situation, and a financial therapist can help with that.”

Be ok with baby steps

After doing some deep work on your money story, and on how your long-held beliefs came to be, you may be feeling ready to take some small steps toward a better financial future.

A few baby steps you can consider could include moving your money into a high-yield savings account instead of a standard savings account. If you have a 401(k) with an employer match, you could also look into contributing enough to receive that match.

But be ready for those old stories to come up, because even an account type like a 401(k) may become an emotional stumbling block.

“One of my favorites from the Great Recession is, ‘I’m not going to invest in a 401(k) because my uncle lost all of his money in his 401(k),’” says Hussey. “It wasn’t the 401(k) that was the problem. It was your uncle, who in the middle of the night got freaked out and sold everything in his 401(k) at the bottom of the market. That’s actually what was wrong. It was the human making an emotional decision. The 401(k) itself is just a tax wrapper. It has no personality. It doesn’t do things to anybody. So let’s unpack what that story is about.”

Hussey encourages people to deeply investigate where the stories they’ve heard about investing came from.

“I think those kinds of questions like, ‘What am I telling myself? Where’s it coming from? Who told it? What was the location I heard that? Where do you think they heard that from?’ That’s how we start to unpack these stories about investing and saving,” says Hussey.

This article was written by NerdWallet and was originally published by The Associated Press.

Source: nerdwallet.com