253 Magazine January Issue

253

THE POWER OF WINDERMERE

JAN 2021

The Personalized Service Of Windermere Chambers Bay

THRIVING IN

2021

Color Of The Year

TOP

trends

Mondays with Matthew economic overview

Color of the Year!

Find out what the experts are says about color trends in 2021.

Thriving In 2021

Focusing on goals and what we can control in uncertain times.

Top 8 Trends What's Hot & What's Not Here's the latest on how we'll work, how we'll play, and what our spaces will be like.

2021 Gardner Report

Windermere's Chief Economist Mathew Gardner looks at what's coming in 2021.

Real Estate is Local See the market statistics for your area.

WHAT'S IN this issue?

THE COLOR OF THE YEAR 2021 Color or Colors of the Year are all over the board. Normally—I guess nothing is “normal”—all of the companies have some similarities in their respective colors of the year. Not in 2021. Looks like anything goes.

Recently, Pantone announced that it had chosen two colors of the year for 2021: Ultimate Gray and Illuminating, a combination of dull, familiar gray and the bright yellow of lemon skin. It’s a choice for the past year of quarantine, a time in which we had to insulate ourselves from the world and curl up in monochrome blankets at home: “It’s a dependable gray,” as Leatrice Eiseman, the executive director of the Pantone Color Institute, told the New York Times.

The gray of cloudy skies, sidewalk cement, comfortable bed linens, gravity blankets, or low-light screens—the color evokes our collective experiences over the past year. It’s a depressing summation: During months of quarantine, we’ve certainly arrived at the “ultimate gray,” a state of mind— mush—as much as the color of a product. Grayness means ambiguity and irresolution. Neither black nor white, it doesn’t point toward an ending, just the continuation of an indefinite period. With coronavirus cases still mounting in the United States, that’s certainly where we’re at.

Casual

Comfort

BEHR

ÂŽ

The BEHR Color Trends 2021 Palette is a curated selection of hues to create a desired mood that complements your style in any space.

BENJAMIN MOORE

ÂŽ

Celebrate the simple pleasures—think the faded rumple of linen sheets in the morning and perfectly ripened fruits on the windowsill. The twelve hues in the palette radiate warmth and wellbeing. These are colors that make your home feel even more like home. Settle in.

H T

I V RI

G N

1 2 0 2 In

e f a S e y r a e St inc S y a e t n S a S y Sta

The thing about a New Year's resolution this year is that we have no idea what to be resolute about. 2021 is different. Let's focus on things we can control.

Stay Safe

Everyone one has their own version of this.

Just do it. Your life matters and so does the life of the person sitting next to you.

Stay Sincere

Simple acts of caring and kindness we go along way for you and the person on the receiving end.

Stay Sane

Keep your sense of humor. Laughter is the best medicine against stress, anxiety and depression. Play. Act Silly. Have Fun!

The top 3 reasons people don't set goals...

Creating mini goals within a larger goal with milestones and rewards can help a lot people reach their larger goal.

1

2

They don't realize the importance of goals.

They don't know how to set goals.

"There are far better things ahead than any we leave behind."

Cs Lewis

3

They fear failure.

s d n e r T p To

hat’s W & t Ho What’s

The

Not:

2021

— M A T T H E W

G A R N E R ' S —

2021 Economic & Housing Forecast

POSTMODERN PAINTING. Stella alternately paints in oil and watercolor

Hello and welcome to this rather special episode of Mondays with Matthew. I’m Windermere Real Estate’s Chief Economist, Matthew Gardner. Now, if you wonder what’s special about this particular episode, well the answer is twofold. Firstly, I started these videos at the onset of the COVID-19 epidemic back in March and this is the 35th episode of Mondays with Matthew – where has the time gone? Anyway, it will be the last one for this year and I wanted to take just a moment to thank all of you for taking time out of your busy schedules to watch my videos. It makes this economist very happy to think that you are still getting value out of my musings. But there’s another reason that I am excited and it’s because, after many, many late nights poring over spreadsheets, I am now ready to share my 2021 US housing forecast with you so, without further ado, let’s get to it!

I’m starting off with my mortgage rate forecast. As you will all be very aware, we have spent the entire year watching mortgage rates break record lows almost every week which, along with other factors, has helped drive housing demand significantly higher, but how low can rates go? Well, my forecast suggests that rates will likely bottom out in the current quarter but that said, I do not anticipate them rising much as we move through 2021.

Watch the full video

M A T T H E W

G A R N E R ' S

T A K E

O N

HOME SALES OK – on to sales, and here I am specifically looking at existing homes – I will address new homes shortly. My forecast is for sales this year to have risen by 3.9%, but sales in 2021 should be up by 6.9%, and that’s a level we haven’t seen since 2006. But in order for sales to rise to this extent, we need more inventory, and I do expect to see more listings next year and it will likely be, at least partially, due to COVID-19 with some household’s new ability to work from home removing the need to live close to their offices.

But there will be others who will move simply because their current homes just aren’t set up for remote working.

Although I see a lot of homeowners moving due to work-from-home I believe that a lot of them will not move that far away. You see, the theory that we will all be working from home full-time is – in my opinion – likely overblown – and I would contend that a lot of them will end up blending their workweek with some days at home and some days at their offices and, if I am correct, I see many households still staying within reasonable proximity of their workplaces.

"

"

Watch the full video

Mortgage Rates Will Not Rise Significantly

Prices Will Also Rise But at a Slower Rate

Watch the full video

MUCH LIKE PEOPLE, EVERY MARKET IS UNIQUE. SOME MARKETS HAVE VIEWS, SOME LARGE YARDS. FROM HOMES BUILT AT THE TURN OF THE CENTURY TO NEW CONSTRUCTION, EACH AREA HAS ITS OWN FEATURES AND TYPES OF HOMES.

Real Estate is Local

The Power Of Windermere.

The Personalized Service Of Windermere Chambers Bay.

The Power Of Windermere.

The Personalized Service Of Windermere Chambers Bay.