Bold door colors expected in 2014
According to national color expert Kate Smith, 2014 is not a year for the faint of heart — at least when it comes to exterior door color swatches.
"There are two trends I see influencing front door colors for 2014," says Smith, president of Sensational Color. "First, there’s the trend of people painting their doors with exuberant hues as a way of telling the world they’re tired of spinning their wheels in place. These people are ready to move forward, embrace challenges and show their energy through vibrant colors like Capri blue and Dynamo raspberry.
Raucous Orange, Quixotic Plum and Relic Bronze are but three more examples of the types of hues Smith predicts will be trending next year.
Then again, Smith also predicts that slighltly more subdued shades, such as Classic French Gray and Polished Mahogany, will emerge among those seeking a mix of vibrancy and comfort.
Of her list of Top 10 Door Colors for 2014, Capri made the top spot for its fresh, tropical appeal.
NRF weighs in on Innovation Act
The National Retail Federation’s SVP, David French, has released a statement welcoming the House’s passage of H.R. 3309, also known as the Innovation Act, which seeks to protect retailers against patent trolls.
“The National Retail Federation is pleased that the House has strongly supported the enactment of the patent litigation reform," said French. "This has been and continues to be a top priority for the retail industry and our diverse membership."
“The Innovation Act will provide Main Street merchants and retailers protection against frivolous patent infringement claims and costly litigation derived from deceptive patent trolls."
“NRF will continue its collaboration with other end-user organizations, including the American Hotel & Lodging Association, Association for Convenience & Fuel Retailing, Food Marketing Institute, Internet Association, National Council of Chain Restaurants, National Restaurant Association and Retail Industry Leadership Association, and direct its attention to the Senate to ensure that the bill becomes law," he concluded.
The Act, which would require more specificity in lawsuits and create greater transparency surrounding financial interests, passed in the House of Representatives by a vote of 325 to 91 on Dec. 5.
Study: Home prices outpace rents
The latest release from the Trulia Price Monitor and the Trulia Rent Monitor positions the arc of rising home prices well above that of rents going into the new year.
According to Trulia, asking home prices were up 12.1% year-over-year in November, marking growth in all but two of the 100 largest U.S. metro areas. Month-over-month, they were up 1.0%.
To that end, there was a slight quarterly slowdown in some of the hottest housing markets, including Las Vegas, Oakland, Atlanta, Phoenix, Detroit and Los Angeles (in that order). However, prices continued a steady acceleration in warm markets (those were prices rose by less than 10% year-over-year).
Meanwhile, rents were up 3.0% year-over-year in November, with rents accelerating the most in San Francisco, Portland and Seattle. Washington D.C. and Philadelphia were among the markets experiencing decreases in rents.
“Homebuying is much less affordable at the end of 2013 than at the start,” said Jed Kolko, Trulia’s Chief Economist. “Prices rose faster than rents in all of the largest metros, even in San Francisco and Portland, where rents rose 10 percent or more in the past year. Higher prices, along with higher mortgage rates, could make renting a better deal than buying in some markets in 2014.”
Trulia’s metrics are early indicators of trends in home prices and rents that are based on real-time Trulia listings.