Keep These New Kitchen Trend in Mind

 

Five new kitchen trends that you should keep in mind if you remodel.



What should you keep in mind while remodeling your kitchen? If you’re like me, you keep seeing all these cool ideas in magazines and want to try them out. Before you do, there are five big kitchen trends you should keep in mind:


1. Quartz countertops. We spend more money on our countertops than anything else in the kitchen. Right now, people are looking for quartz countertops. We still see granite, but it’s being outpaced by the durability and look of quartz.


2. Bigger islands. People are making their center islands bigger. If you have a smaller island, you might want to consider expanding it. 


“The top colors are, you guessed it, white and grey."


3. Laminated vinyl floors. These floors are awesome. They look like wood, but you can drive a truck across them. Not to mention, you can spill anything on them, and they’ll still clean up great.


4. White and grey colors. These are the top color choices today, whether you’re doing backsplash, flooring, or cabinetry. You don’t see the wood color anymore.


5. High-end appliances. People are looking for fancy appliances right now. They want the refrigerators you can see into, the high-end oven, and more. However, there’s currently a six-to-eight-month backlog on appliances right now. If you want to remodel before you sell, you might be better off offering an allowance to replace the old appliances instead of waiting.


If you’re thinking of selling, we can help point out what you should change to get the most bang for your buck. Please send us an email or give us a call. We would love to help.


The Pros and Cons of Short-Term Rentals

 

Here’s why you should consider investing in short-term rentals.



Should you buy a short-term rental property? Airbnbs and VRBOs are becoming increasingly popular investment choices. That’s why today I want to discuss their pros, cons, and if they make sense for you.


An article from the National Association of Realtors says that short-term rentals have surged among remote, hybrid workers. In 2021, half the properties on Airbnb’s short-term rental platform were booked for at least seven days. From what we can tell, remote workers are taking ‘work-cations.’ Since they can work from anywhere, they’ll book an Airbnb by the beach or in the mountains for a week without taking any time off. On top of that, one of every five bookings at a short-term rental was for 28 days or longer. 


“Short-term rentals are becoming more and more popular."


Based on this new data, it seems like owning a short-term rental could be a great use of your investment dollars. However, owning an Airbnb or VRBO is a little different. It’s easiest to pay in cash, but if you need financing, you might have to put down 25% or 30%. You should also consider that managing a short-term rental requires a greater time investment. If someone leaves every month or week, you need to be ready to clean and market the home regularly. 


Short-term rentals are a little more high-maintenance, but the rewards could be great. They become more popular every month, and the sooner you get in, the more potential your investment has. 


If you have any questions about short-term rentals, please call or email my team. We’d love to share where the best opportunities in our area are!