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03/27/2020

7 Easy DIY Living Room Projects You Can Tackle While You're Social Distancing
By Jennifer Kelly Geddes | Mar 23, 2020
DIY-living-room-gallery-wall
KatarzynaBialasiewicz/Getty Images
Cooped up inside because of the coronavirus? In this unsettling time, doing your part to maintain social distance means you've been spending a lot of time indoors. And while movie marathons and board games can occupy part of your day, they might start to get old after a while. One can enjoy only so many games of Scrabble, right?

If you're feeling a little stir-crazy (and other forms of entertainment just aren't cutting it), try taking on a home project that'll make you feel productive.

"In general, now is a great time to spring-clean, declutter, and organize—so try something simple," says Julie Coraccio, an organizing professional and author of "Got Clutter? 365 Journal Prompts."

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In between school lessons and work-from-home office duty, consider ticking off a few of these easy-to-handle living room chores from the list below. You'll gain a sense of accomplishment and emerge with a room that's clean and organized. After all, a tidy home equals a tidy mind.

1. Upgrade your lighting
You'll need good light since you'll be inside for a while, so consider replacing old bulbs in your living room lamps with energy-efficient LED bulbs, suggests Ana Cummings of the eponymous design firm.

LED bulbs have a longer life and don't heat up as much as incandescent or fluorescent bulbs, making them safer if accidentally touched.

And since you're in the lamp department, take a hard look at the shades on each of your lights. If you have a similar size lamp in another room, swap the shades to give your living room a new look.

2. Hang (or rehang) a gallery wall

Photo by Brittany Stiles Design

Redoing your wall design is a fast way to upgrade your living room's look—and it costs just about nothing except your time and a few picture hooks and nails.

If you've always wanted to try a gallery wall, go for it! If you already have one, it might be time to change it up.

Either way, lay your frames on the floor to plan the arrangement. If you already have a gallery, play with the order of the grouping or add new pictures, then rehang.

3. Wash living room curtains

Photo by Jacob Snavely Photography

Washing curtains is one of those household chores we're supposed to do every six to eight months, but it can easily fall to the wayside. It's kind of a hassle, right? But now that you have some extra time at home, take a couple of hours to clean any curtains that are washing machine-safe.

If your curtains aren't supposed to touch water, take them off the rod, go outside, and give them a good shake to get the dust off.

4. Wipe down baseboards
Your baseboards, crown molding, railings, and other wall details often get overlooked during regular weekly cleaning sessions. Remedy this situation by dipping a sponge in a mild wood surface cleaner diluted in warm water and gently swabbing these surfaces to get rid of grime and dust.

5. Restyle your book shelves

Photo by CAVdesign

Another quick and easy task? Sort through all your books, magazines, and CDs, and release what you no longer watch or want to read.

"Then take the time to organize your books in a way that makes sense to you, whether by genre or author, color, or another method," says Coraccio.

6. Rearrange your furniture
You might be in need of a furniture refresh, but home quarantine—plus the fact that most home goods stores aren't open right now—can make that difficult. So to give your room a new perspective, and not spend a ton of money, try rearranging the furniture.

Now is a good time, after all, to evaluate what is and isn't working for you. You might consider removing a chair or two to open the room up, or moving the couch in front of the radiator—you won't be needing heat again until later this fall. Switch out the rug in your living room with a lighter one that has been sitting in another room.

7. Fix wall marks with paint

Photo by Dineen Architecture + Design

06/13/2019

REAL ESTATE – (A Great Time to Buy!!!)
Mortgage applications soar as refinances surge on a big rate drop
PUBLISHED WED, JUN 12 2019 7:00 AM EDTUPDATED WED, JUN 12 2019 8:36 AM EDT
Diana Olick@DIANAOLICK

KEY POINTS
• Mortgage rates dropped to their lowest level in nearly two years, so mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association.
• Volume was 41% higher than the same week one year ago.
• Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually.
Consumers saw an opportunity last week and took it — in a big way.
Mortgage rates dropped to their lowest level in nearly two years, so total mortgage applications surged 26.8% in just one week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 41% higher than a year ago.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350 or less) decreased to 4.12% from 4.23%, with points remaining unchanged at 0.33 (including the origination fee) for loans with a 20% down payment. That rate was 4.83% a year ago, 71 basis points higher.
“Mortgage rates for all loan types fell by a sizable margin for the second straight week, pulled down by trade tensions with China and Mexico, the financial markets reacting to more bearish communication from several Fed officials, and weaker than expected hiring in May,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually. That pushed the refinance share of total mortgage application volume to 49.8% from 42.2%. It is nothing short of a refinancing boom, with applications now up 63% in the four weeks as rates have fallen 28 basis points over that time.
Mortgage applications to purchase a home, which hadn’t gained much traction on falling rates, finally jumped 10% weekly and annually. Buyers don’t usually react immediately to weekly rate drops, but since rates have been falling for a few weeks now, it may have pushed more potential buyers off the fence.
“Demand is still relatively strong, but there is likely some restraint from prospective buyers, driven by some economic uncertainty. Furthermore, housing supply is still very tight for first-time buyers,” Kan said.
Supply is rising in most metropolitan markets, but only in the move-up and luxury range. Starter homes continue to be scarce, and builders are still mostly building more expensive homes. Housing starts overall have been falling, as builders saw very weak demand at the end of last year and are only now seeing that demand pick up.
Will rates stay this low or move even lower? Impossible to predict, but there are definite signals.
“We’re in a consolidation phase now where markets are coming to terms with the longer-term move lower that began in late 2018,” said Matthew Graham, chief operating officer of Mortgage News Daily. “The next move will depend on how economic data evolves and whether there are any more trade policy bombshells.”

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