-
What’s the Latest in Retro Design Style? | Real Estate
The ‘70s are back, baby. Well, at least they are in home design. If this news evokes an image of a disco ball hanging from your living room ceiling, know that this iteration of the disco era boogies down to a different beat. “The ‘70s have definitely made a resurgence in today’s design world,” says Laura Barber, associate kitchen and bath designer at Normandy Design Build Remodeling in Hinsdale and Evanston, Illinois. “Many people when first hearing this think of cringe-worthy memories of plastic-covered sofas, musty shag carpeting and heavy wood elements accented by bright orange and avocado colors. But today’s take on the ‘70s style incorporates elements of that…
-
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi came to Fortune with a bold proclamation: The Pandemic Housing Boom had peaked and we were entering into a “housing correction.” A housing correction being a period where the housing market—which got priced to 3% mortgage rates—would work towards equilibrium. It’d see home sales volumes fall sharply. It’d also, Zandi said, put much of the nation at risk of a home price corrections. Fast forward to September, and it looks like Zandi’s housing correction call…
