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Showing posts with label luxury housing market. Show all posts
Showing posts with label luxury housing market. Show all posts

Trend: Bigger Stone Slabs in Kitchen

Wednesday, November 24, 2010

In the luxury housing market, design trends are constantly evolving; it is crucial for those undertaking a large renovation project or building a custom home to stay on top of trends.

One kitchen trend that we feel is a must is bigger stone slabs. Granite and marble in the kitchen are still a must-have but now the slabs are thicker. The slabs that were once ¾-inch have grown to be 2-inch pieces created from two laminated slabs.

In general, counter tops are seeing a large comeback in the kitchen, especially with new bolder colors such as pinks, reds, and purples.

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Luxury Homes not Part of The Trend

Monday, September 13, 2010

While the housing market has continued to decline for the last couple of years, the luxury housing market has held its head up, despite the recession. Notwithstanding the downturn, Americas wealthiest have continued to buy luxury homes even in the declining housing market, so much that many times prices have risen.

There are several reports indicating that the wealthiest 10% of the nation’s households may account for nearly 50% of the home sales this year. In addition, other reports show that custom home builders have built high end luxury homes at a supply rate slightly below the level of demand. The scarcity of new luxury homes has caused their value to increase dramatically, even in a declining market.

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