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Archives for May 2015

10 Rules for Your Next Painting Project

Take your next painting journey from ‘argh!’ to ‘ta-da!’ with these designer tricks Color has always held a special place in my heart. When I was about 9 years old, my parents came up with the great idea that they would let my brother and me redecorate our bedrooms. For me, a young, creative and somewhat excitable child, this was the equivalent of being let loose in a dream world. Off to the paint store we went to choose our new hues. I remember this moment vividly, because I ran around picking out swatches and … [Read more...]

Just How Much Did the Recession Make 20-Somethings Delay Children?

That the Great Recession of 2007-09 made Americans have fewer kids is no surprise, but a new study shows how big the toll was. Birth rates for U.S. women in their 20s dropped more than 15% between 2007 and 2012, just before and after the recession, the Urban Institute, a nonpartisan policy research group, said in a new analysis of data from the Centers for Disease Control & Prevention released Tuesday. Among Hispanic 20-somethings, the birth rate dropped 26%. Non-Hispanic blacks? 14%. By contrast, … [Read more...]

Home Prices Are Climbing Faster and Faster, but This Is Not a Bubble

This spring buying season is off to a strong start—in fact, prices are going up faster than they were just a few months ago, according to nearly every recent metric. So does that mean we’re in a bubble? Nope, that’s just what happens when demand increases faster than supply. After all, existing-home sales were up 9% year over year in March, according to the National Association of Realtors®. Inventory is also increasing, but not as fast as sales, resulting in a tight supply getting even tighter. An … [Read more...]

Young Adults Going for Jumbo Loans

Low interest rates and loosening credit qualifications are helping young-adult buyers qualify for mortgages—and, in some areas, jumbo loans   The improving economy has enabled more millennials—those born between 1980 and 1999—to qualify for mortgages. And in some markets, they’re seeking jumbo loans. Low interest rates and loosening credit qualifications are, in part, fueling the change. Borrowers can now pay as little as 3% down for government-backed loans, and 10% or 15% down for jumbos, which are … [Read more...]

Owners of Frank Lloyd Wright-Designed House Lobby Arcadia Neighbors

The owners of a Phoenix home designed by Frank Lloyd Wright for his son David have sent out mailers to as many as 15,000 Arcadia-area households defending plans to host events, field trips and concerts at the property. Attorney Zach Rawling’s David Wright House LLC bought the property in 2012, saving the historic home from possible demolition. Rawling wants to rehabilitate the 2,200-square-foot concrete home and obtain historic designations. He also wants to build an underground archive, bookstore, cafe and … [Read more...]

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