Showing posts with label Model Homes. Show all posts
Showing posts with label Model Homes. Show all posts

Thursday, October 22, 2009

So, uh, What are you wearing right now?





Thesaurus.com lists the definition of  "out-of date" as:


Main Entry: outdated/out-of-date


Definition: old-fashioned
Synonyms:
anachronous, antiquated, antique, archaic, back number, behind the times, dated, dusty, démodé, has-been, moth-eaten, musty, not with it, obsolete, old, old-hat, out, out-of-style, outmoded, passé, square, tired, unfashionable, vintage
Antonyms:
current, fashionable, modern, new, popular, up-to-date







Although the home design industry, architects, and designers pride themselves in differentiation, style and design, lately I'm not 'feelin' it' when walking display homes across the country.  Understandably, with existing new home inventory still at 7.3 months of supply, builders are avoiding risks when finishing homes or offering options.  This very real challenge has led my builder friends to limiting options and finishes to what is 'safe'.


Unfortunately, in the words of the Cowboy Junkies,  "My heart doesn't beat like it did once before".  I used to leave models and design centers overwhelmed and desirous with personal wish lists and 'option envy'.  To be honest, lately, it's been a little 'blah'.  I would say it might be time to add a little spice to the relationship. Ok, I'll come clean - I've secretly been eying custom home product.  But honestly, it didn't go any further than that...
 
Home buying is both an emotional and financial decision. A goal, then, is to help the consumer fall in love with your home, over the other 262,000 new homes across America that currently have a 'for sale' sign in the front yard.


 The great thing for us to observe from custom builders (who really seem to be doing ok, right now, given everything) is not how many options they offer, but what options help their product stand out.  Obviously sku reduction focus' will continue with all of the large builders, but let's make ultra-sure the options left are the ones that make a home buyers heart beat faster and fall just a little short of breath.  No matter who the buyer target, there is something out there your competitor isn't doing. And have you EVER seen a custom house without a fireplace? At least not one that made you hot...(sorry, bad pun intended)



Back to the definition above: I think the antonyms are what catch my eye here. current, fashionable, modern, new, popular, up-to-date. In our category, custom builders are doing very well with contemporary fireplace options. The great news is, there are now modern fireplace options in every price point.  If the first time buyer has a choice between a home with a traditional woodburning fireplace (or Heaven forbid - NO fireplace!) and a beautiful modern work of fire art, which would they choose? Not always, of course, but much of the time.
Don't kid yourself - I am not just seeing this in Miami and L.A. - try even Indianapolis, Raleigh, and Atlanta.


It is a well known fact in retail that you have to offer flavor to drive the basics.  As an example, in apparel retail, when white and black tee shirts (easily 60% of the sales) are offered on a table with trend right colors, sales of the basics AND colors increase.  A modern fireplace is like that trend-right color on the tee shirt table.  It draws the consumer in, creates an emotional and memory connection point. Now the future homebuyer has got a little crush on you, and those other 262,000 homes out there don't seem quite as exciting.





Heatilator launched a really exciting product this year that addresses this market at a terrific value.  The modern Evolution is built on the same chassis as the Novus (the best selling direct-vent gas fireplace ever) and has an incredibly modest pricepoint. If you are currently offering the Novus, or would like to offer a modern option with minimal changes to your framing, consider offering the Novus and it's modern sister, the Evolution


Let me know what you are doing with options and finishes in your homes to 'keep the fire burning' and the love alive.



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The Design Minds at Hearth and Home Blog is geared to support design center staff and the new construction industry in selling options and upgrades to the new home consumer. Subscribe for updates. Contact Krisann Parker-Brown for merchandising or marketing support of your design center. She will be happy to work with you on your assortment and presentation to ensure you are on track for upcoming decor trends and your target home buyer.


Krisann Parker-Brown is the merchandising manager for Hearth and Home Technologies, the leading manufacturer and retailer of fireplaces and hearth systems.


Krisann supports design centers and new construction builders in presenting Heat & Glo, Heatilator and Quadra-Fire hearth systems, and consulting on design center merchandising, point of sale and the consumer experience.




Krisann is a member of the Retail Design Institute. Contact her at brownkr@hearthnhome.com or 952-985-6537.


Friday, October 2, 2009

High Point Insights You Can Use At Work



The High Point Market will be happening October 17-22 , and the focus is on 'different, green and value focused'. Download the free High Point Market Fall Fashion Report here.

The 2009 High Point Fashion Report brings attention to the fact that 'value' has become very important at every price point. From a designer perspective, clientele are newly focused on staying within budget numbers on home projects. High Point is seeing and predicting a return to basics, comfort, subtlety and substance. To reflect this, even the Pantone Color Forecast for 2010 has added an additional palette of neutrals for the higher dollar purchases (i.e. carpeting, window coverings, etc.)and color in the accessories. For example, we can expect to see a newer 'fresh' grey, with purple and lilac accents.

High Point is also predicting a move toward more quality goods. Given the economic times, the mid and higher range consumer mindset is turning to choosing key pieces as 'investments' rather than choosing less expensive pieces that will need to be replaced later on.

A final prediction (we have talked about it here before) is the trend of diminishing scale and size, and useful well-designed and crafted components.


Canvas TM Hand-thrown Earthenware Plate Set

If you are close to a National or regional home furnishings market, I encourage you to go once or twice a year. You will get an amazing amount of insight, and be able to talk to your consumers with authority about what you have seen. It will also recharge your display creativity and give you great merchandising ideas for your design centers and model homes.

The leading US markets are Las Vegas (especially for contemporary and transitional), High Point (traditional and transitional), Atlanta, Chicago. Even regional markets (LA, Dallas, Minneapolis, Boston) have lots to see, as the major manufacturers have at least some presentation. Subscribe to email updates from markets to hear about trends, attend training webinars, see speakers and do networking. Look for terrific educational offerings, the High Point National Home Furnishings Association will offer these seminars on everything from selling to consumer science to social networking to design and trend forcasts. Download educational schedule here. Check market websites for great articles,videos and training, to share with your team, even if you can't attend.

Here at Hearth and Home, we will absolutely have the perfect fireplace, mantel and surround to complement current and emerging decor trends for your home buyers. Fireplaces are the focal point of a home, and create an emotional connection with your home buyer like no other category. Visit http://www.fireplaces.com/ to see the newest award winning designs, or create your own personal dream fireplace with our exclusive Hearth by Design tool. Be sure to take a look at the terrific contemporary line of fireplaces, available for every pricepoint of home buyer.

Being current and knowledgeable about upcoming decor trends will differentiate your design center and models and give your home buying consumers an added confidence and inspiration. Finishes impact most categories in your design center, especially flooring, trim and cabinetry. Setting your design center and model homes apart from the rest is important in this competitive market. That won't be changing anytime soon.
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The Design Minds at Hearth and Home Blog is geared to support design center staff and the new construction industry in selling options and upgrades to the new home consumer. Subscribe for updates. Contact Krisann Parker-Brown for merchandising or marketing support of your design center. She will be happy to work with you on your assortment and presentation to ensure you are on track for upcoming decor trends and your target home buyer.

Krisann Parker-Brown is the merchandising manager for Hearth and Home Technologies, the leading manufacturer and retailer of fireplaces and hearth systems.

Krisann supports design centers and new construction builders in presenting Heat & Glo, Heatilator and Quadra-Fire hearth systems, and consulting on design center merchandising, point of sale and the consumer experience.

Krisann is a member of the Retail Design Institute. Contact her at brownkr@hearthnhome.com or 952-985-6537.


Wednesday, June 24, 2009

Selling Points For The First Time Home Buyer


The Wall Street Journal reports that both price AND move-in condition are important for first time homeowners. (Tips for Selling Your Home to a First-Time Buyer, Amy Hoak, Wall Street Journal) The article is educating home sellers on tips to appeal to the first time buyer while competing against foreclosures and short sale properties. As a new home builder, you can also stand out against the sea of less desireable product.

Price, Value and Service-

Of course, price is important, but not all important. The $8,000 tax credit is running through December 1st, but there is discussion of a possible extension. To entice first time buyers and differentiate from the competition, consider developing a 'match it' program or discount toward upgraded options. In addition, anything you can do to help simplify the rebate process (i.e. being a resource on the credit, pre-filling out any forms they will need to apply for the credit, providing more information on the specifics of the credit etc.) will be appreciated by this audience.


Model Homes -

While Hoak advises sellers to maintain and stage the homes, it points to how important decorated model homes are in the new construction market. Professionally decorated models fuel the hunger for a beautiful new home. Used homes on the market are often poorly decorated, cluttered and overly personalized, and cannot compete with the excitement and design you can showcase in a model.

Models are a terrific opportunity to show alternate uses for space that the potential buyer may not have considered - a staged laptop work station in the kitchen, turning one bedroom into a fitness/yoga room or a home office - Be careful of showing only one 'lifestyle' in your model series; for example not every model should have 2 'kid bedrooms'. In a well decorated and merchandised model, the home buyer can begin to think about their own life in the environment, not wonder about the life of the current occupant.

New Versus Used - Reliability and Warranty -

First time home buyers may be quite accustomed to just picking up the phone and calling the landlord when something breaks - highlight your warranty and reliability to ease their mind. Consider offering extra coverage or extended warranty coverage for these nervous buyers. In addition highlight your customer satisfaction scores regarding quality and reliability.

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Krisann Parker-Brown is the merchandising manager for Hearth and Home Technologies, the leading manufacturer and retailer of fireplaces and hearth systems.

Krisann supports design centers and new construction builders in presenting Heat & Glo, Heatilator and Quadra-Fire hearth systems, and consulting on design center merchandising, point of sale and the consumer experience.

Krisann is a member of the Retail Design Institute. Contact her at brownkr@hearthnhome.com or 952-985-6537.





Tuesday, October 21, 2008

101 Fresh Colors Inspired By Nature

Apartment Therapy had a great piece referencing House Beautiful's recent published color palette inspired by the elements. In 4 slide shows, House Beautiful showcases colors inspired by Earth, Air, Fire and Water.

(This is close enough to "Earth, Wind and Fire" to hook me into a mental earworm of "Shining Star" and "Boogie Wonderland" - "Honey, you... are... my shining star...")

"Fire"

The New Cosmo Modern Fireplace by Heat & Glo

Back to color - There are 101 colors in the presentation, within the following inspirational groupings: Earth, Air, Fire and Water. Click each of these links to see a slide show of paint colors. It makes sense that within each element, the colors work beautifully with each other. The swatches shown here are Apartment Therapy's top picks from each palette.



Color is the first element of design that is noticed by the viewer. It is also the least expensive update in merchandising a retail space as well as a home. In your design centers and model homes, where could you update a wall or room with color to create more visual impact, bring your presentation more 'current' and 'fresh', and connect to your home buyer?




Paint is cheap.
Maintaining design credibility with the home buyer with current minimal staff and budget? Priceless.



_______________________________________________________

The Design Minds at Hearth and Home Blog is geared to support design center staff and the new construction industry in selling options and upgrades to the new home consumer. Subscribe for updates. Contact Krisann Parker-Brown for merchandising or marketing support of your design center. She will be happy to work with you on your assortment and presentation to ensure you are on track for the upcoming decor and lifestyle trends.

Krisann Parker-Brown is the merchandising manager for Hearth and Home Technologies, the leading manufacturer and retailer of fireplaces and hearth systems. Krisann supports design centers and new construction builders in presenting Heat & Glo, Heatilator and Quadra-Fire hearth systems, and consulting on design center merchandising, point of sale and the consumer experience. Krisann is a member of the Institute of Store Planners, now the Retail Design Institute. Contact her at brownkr@hearthnhome.com or 952-985-6537.

Monday, June 23, 2008

Transition to Transitional - Décor and Lifestyle Trends for Your Home Buyers

Cast Mantels from Fireside Furnishings Compliment Transitional Styles

One of the exciting aspects of my role at Hearth and Home is to stay on top of what is developing in décor and furnishing design, as well as lifestyle trends that impact the way consumers shop and how they live in their homes.

Transitional furnishings are really a response to a lifestyle change that is gaining momentum in the US and Canada. The desire for a more casual, comfortable lifestyle that is 'your best life' is translating at a growing rate into furnishings that are casual, flexible, and comfortable. Crate and Barrel was at the forefront of raising transitional furniture into a strong National visibility, but consumer preference is keeping them in the mainstream.

Traditional furnishings have always been the mainstay of American furniture sales. In fact, currently, 70 % of ALL home furnishings purchases are considered transitional or traditional.

At the recent High Point Market, and at spring's America's Mart in Atlanta (both long standing destinations for traditional furniture design) I found that transitional furnishings and décor were getting top real estate and top billing. Scale was larger (although there was a counter trend for some small but luxurious apartment size furnishings for the growing multi family and urban markets, see Crate and Barrel's apartment sized collection here), design was clean, and natural elements such as wood grain and natural hemp and linen fabrics were everywhere.


The latest Traditional Home Magazine (another long standing resource for the traditional design consumer) is pretty much transitional from cover to cover. Clean contemporary prints, large scale pieces, and natural materials combined with existing or antique pieces create a unique and comfortable setting in nearly every photo feature or article.


Traditional Home's Profile on Prints

Great resources for furnishing your model homes and design centers include Crate and Barrel, Pottery Barn, and Room and Board to name a few. Your consumer shops these retailers, and will be very aware how current your display is in your design center and in your model homes.


Heat and Glo Escape Fireplace fits perfectly with Transitional Décor



Maintaining a current design focus (although we are all in a tight budget year) is important to differentiate you and your home models from the others in the marketplace. These challenging times have made us all a bit more creative in how we market, which is actually a good thing. We really are salespeople now, not just 'order takers'.


Consider unique proposals with local furniture stores in your market - negotiate free or reduced costs on furnishings and décor, for use of model home photography, perhaps a mention in your literature or on site, or even giving out a coupon to the home buyer to use at the furniture retailer after closing on their new home. Remember, if the consumer is purchasing fewer new homes, this means they are purchasing less new furniture as well. The July Las Vegas Market education forum is filled with workshops for furniture retailers on generating business creatively.

Libby Langdon (HGTV's Small Space, Big Style) indicates formal living rooms are 'out', and transitional mixes with current pieces are 'in'. Read her article on the 'ins' and 'outs' of home furnishings here.

The article "I'll take it! (and the Sofa, Too)" from the New York Times highlights that buyers (especially in the upper level) are purchasing some models fully furnished, or purchasing pieces of displays in staged display homes. A quote from the article: "The idea of buying a home fully furnished is starting to appeal to more buyers," said Mr. Paul Csik, Sr. VP of American Properties, "especially in buyers of this caliber." (properties in the 1.895 million to 2.995 million range). He goes on to say that the buyers at this upper end are really making a "lifestyle decision" versus a financial one, and interior design can change the way one lives.

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The Design Minds at Hearth and Home Blog is geared to support design center staff and the new construction industry in selling options and upgrades to the new home consumer. Subscribe for updates. Contact Krisann Parker-Brown for merchandising or marketing support of your design center. She will be happy to work with you on your assortment and presentation to ensure you are on track for the upcoming decor and lifestyle trends.

Krisann Parker-Brown is the merchandising manager for Hearth and Home Technologies, the leading manufacturer and retailer of fireplaces and hearth systems. Krisann supports design centers and new construction builders in presenting Heat & Glo, Heatilator and Quadra-Fire hearth systems, and consulting on design center merchandising, point of sale and the consumer experience. Krisann is a member of the Institute of Store Planners, now the Retail Design Institute. Contact her at brownkr@hearthnhome.com or 952-985-6537.