The trend for 2023 will certainly be curves, soft edges and arched shapes that add softness and sophistication to the home.
Simple, modern and clean lines are a popular concept but can be so square. Why not break lines with an archway entrance to a long hall or a master bathroom to create an instant statement? A continued hot trend for 2023 is curved furniture, from sofas to coffee tables, poofs and even small home accessories.
Eighty-one percent of buyers' agents said staging a home made it easier for a buyer to visualize the property as a future home. Staging the living room was found to be most important for buyers (39 percent), followed by staging the primary bedroom (36 percent), and staging the kitchen (30 percent).
Luxury home staging is a specific niche of home staging that not all stagers are experienced with. A luxury staging has the wow factor that takes your breath away and makes you want to keep looking. It is more than just decluttering and depersonalizing. It is about a targeted lifestyle appearance.
You may be thinking, “Wouldn't buyers rather see an empty home?” The studies have spoken and according to the National Association of Realtors (NAR), 82% of buyer's agents said staging an empty house made it easier for potential buyers to see themselves living in the home.
Difference #1: Neutral vs Personal Tones
Home staging depersonalizes your home and aims to give it a neutral feel, allowing it to appeal to all buyers. Interior decorating, on the other hand, brings the home owner's vision to life while incorporating their own personal items.
“The housing market will be tepid in 2023, with only lukewarm demand and a limited amount of inventory available for sale,” McBride predicts. However, “mortgage rates could pull back meaningfully if inflation pressures ease.”
Experts are predicting that the market will be appreciating more slowly than it did before, but nevertheless, the average price will likely climb by 1% - so buyers are going to need to be on their toes if they want to find an affordable home. If you're planning on buying a house in 2023, it helps to be prepared.
Rising interest rates tend to cause increases in home values to shrink. However, given that interest rates rose so quickly in 2022, it might still force home prices to come down further in 2023. Home price trends also depend on whether supply can keep up with demand.
Homes that are staged sell 73% faster than those that are not staged. 77% of buyers' agents agree staging a home makes it easier for buyers to visualize the property as their future home. A staged home can receive up to 10% more online views than an unstaged home.
Homeowners see a 5-15% return on investment when they choose to professionally stage their homes before they sell them on the market. Home buys are 40% more likely to "walk through the home they saw online". 46% of 3,500 staged homes sold for 10% more than they would have as non-staged homes.
Digital transformation in the worlds of Artificial Intelligence, Augmented Reality, Virtual Reality, the Internet of Things and cloud computing is going to accelerate in 2023.
This year, design trends are primed to shift into pops of color, playful patterns, texture-rich materials along with a blend of handmade pieces and bespoke touches that lend warmth and character to a space.
Some of the most popular interior design trends for 2023 include quiet luxury, the return of bold color, natural stone surfaces, closed floor plans, mixed metal finishes, statement lighting, and 60s and 70s influences — particularly in furniture design.
Despite what some may think, 2023 is still a good year to invest in real estate, thanks to advantages like long-term appreciation, steady rental income, and the opportunity to hedge against inflation. Mortgage rates are expected to decline, but the housing market is likely to remain competitive due to low supply.
While it is possible for median home prices to fall by 5% in 2024, if mortgage rates decline faster than predicted, home prices could remain mostly flat through the end of 2024.
“Bank of America Global Research expects mortgage rates to fall to 5.25% by year-end.” Mortgage Bankers Association (MBA) vice president and deputy chief economist Joel Kan. Kan expects mortgage rates to average 5.6% by the end of 2023. Rinaldi Group president Stephen Rinaldi.
Freddie Mac also forecasts that the 30-year fixed-rate mortgage will average 6.4% in 2023, with an average of 6.2% in the fourth quarter.
There aren't any best or worst days to buy a house in California. “Anytime that is right for you is a good time to buy a house in California,” says Jennifer Oldham.
Clients typically get a choice
After the show ends, homeowners on "Love It or List It" are given a choice. They can keep the furniture that's on-site if they want to do so, or all of the staged pieces can be removed. If they decide to keep it, they'll pay for it.
Vacant homes are generally more expensive because your stager is bringing in all of their own furniture and decor. That's where those monthly rental fees come in—you're paying to rent that stager-owned decor by the room and by the month.