6 Things Designers Always Look for at Estate Sales (And You Should Too)

 
 

While you can't plan to stumble across certain items at an estate sale, there's nothing like the thrill of the hunt. It may take dozens of failed attempts, but nothing compares to that feeling of accomplishment that comes once you finally find the piece you've been dreaming of.

No one knows their way around these events quite like the ones who shop them professionally, so we asked three designers to share what they always buy at estate sales.

Sculptural Pieces

There's one thing Stephanie Abernathy, principal designer at Studio Wellington Designs, never passes up estate sales, and that's a good sculptural piece. She is particularly drawn to busts and finds it hard to keep up with her demand for them in her projects.

Busts add a timeless touch to any room, and Abernathy loves putting them on top of a mantel, in a study, and even propped up on a bathroom vanity.

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Solid Wood Furniture

Gone are the days when natural woods like maple and walnut were the primary choice for furniture construction. If you're looking to avoid MDF, secondhand is the way to go, and estate sales are where you can find these pieces at a price that is comparable, or even less, than new furniture.

"Estate sales can be treasure troves for hunting timeless, heirloom-quality pieces," says Meredith McKenzie, founder and principal designer at The Selective Design. "We're always on the lookout for wooden china cabinets, bookshelves, or desks with intricate hardware or carvings that showcase high-quality craftsmanship, like dovetail joinery and real wood construction."

Midcentury Modern Furniture

Interior designer Sarah Pickard always has her eye out for midcentury modern furniture, particularly pieces by Milo Baughman. Baughman is known as a pioneer in modern furniture design, and his pieces often sell for thousands.

However, Pickard says you just might be able to find one for much less at an estate sale or even in your parent's basement.

"I walked past a recliner in my parents' garage for 30 years," Pickard says. "One day, I took the time to stop and realized an original Milo Baughman recliner was at my fingertips for 30 years. My mom was in her English country era and moved it to the garage."

Original Art

All three designers we interviewed cited art as one thing they always buy at estate sales—especially antique and traditional-style art.

"You can find some beautiful, well-aged pieces for much more reasonable prices than sourcing from an antique store or fine art gallery specializing in antique art," Abernathy says. "And it’s hard to beat authentic canvas aging. It's so delicious."

McKenzie is always looking for original artwork for her projects, and estate sales are often where she has the most luck on sourcing. She scouts lush landscapes in gold wooden frames, European scenes, or vibrant multi-color abstract artwork at these events.

"We encourage our clients to explore artist-made pieces rather than only purchasing framed prints or factory-made art," she says. "We especially look for art with a story or rich history, or something our clients really gravitate towards, whether it's the color, theme or subject."

Accent Chairs

Antique and vintage chairs may not be the most sturdy items for sitting, and that's why they often get overlooked at estate sales. But that just means more for Abernathy to snatch up. These pieces are perfect for displaying stacks of books and other decor.

"Estate sales have some of the most unique accent chairs," she says. "They feel so one of a kind and make such a statement in the spaces we design. The rich tones, the chips, the dings—they definitely feel like they have a story to tell."

Abernathy is always on the lookout for Louis XVI, Savonarola, and Spanish revival accent chairs.

Oddities and Collections

When you're shopping at an estate sale, you're looking at one person's curated collections. This is why these sales are the perfect places to source unique items full of personality.

Anytime they're sourcing for projects at estate sales, professional designers are looking for pieces tailored to their client's personal interests. And they also can't help but pick up some pieces for their own collections while they're at it.

For example, Pickard has collected blown glass ashtrays for years. When she finds one that speaks to her at an estate sale, she doesn't think twice about buying it.

Other vintage items Pickard loves collecting include Russel Wright pottery, table linens and Western-themed art.

Read more at the spruce

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Home Sellers Who Didn’t List On The MLS Lost $1B In Sale Proceeds

 
 

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. The study also found that these losses were deepest in communities of color.

Zillow defined communities of color as ZIP codes where a majority of households are headed by Blacks, Hispanics, Asian Americans, Pacific Islanders or Native Americans.

In 2023 and 2024, Zillow found that sellers who chose not to list on the MLS typically lost out on nearly $5,000, selling their property for 1.5% less than those listed on the MLS. In communities of color, this number jumped to 3.2%, more than double the 1.2% loss recorded in majority-white neighborhoods.

In majority-Black neighborhoods, Zillow’s analysis found home sellers who did not list on the MLS saw a median sale price difference of $9,851, while in majority-Hispanic neighborhoods, the number jumped to $13,728.

“The data is clear that selling off the MLS costs home sellers in communities of color thousands of dollars in lost value,” Zillow senior economist Orphe Divounguy said in a statement.

“These off-market listings not only harm sellers, but they limit exposure to potential buyers, possibly deepening inequities that have long existed in real estate. We must maintain transparency in the housing market so we don’t go back to the dark ages of real estate.”

Additionally, Zillow survey data shows that Hispanic and Black home sellers are more frequently advised to list their property off the MLS. Nearly three-quarters of Hispanic and Black sellers reported that their agent recommended using a private listing network, compared to only 24% of white sellers.

As part of the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy — which mandates that a property be listed on the MLS within 24 hours — Zillow has become a vocal supporter of the policy.

To conduct its study, Zillow analyzed 2.72 million sales transactions, comparing homes that sold on the MLS with privately listed sales. The company defined privately listed sales as those that were marketed privately and were evidently only submitted to the MLS once a purchase contract was in place.

“To classify these sales, Zillow identified sales that were reported pending or closed with at most one day active and with a buyer and seller represented by the same agent or by agents within the same brokerage office,” the report stated.

Additionally, Zillow said it parsed off-MLS transactions that were never published to public MLSs after being privately listed. It further narrowed the subset of off-MLS transactions to those with a previously recorded sale on the MLS.

Zillow said only this subset of off-MLS transactions was included in the analysis. It excludes new construction homes, foreclosure sales, auction sales, non-arms-length transactions, bank/corporate/government acquisitions, invalid quit claims and outlier sale prices (defined as below $10,000 or above $10 million).

In determining the impact of how and where the home was listed, Zillow said it started with its Zestimate home price from three months prior to the sale. If a home was listed at this point in time, it was excluded from the study.

“To strip out the effect of market-level price movements during this three-month period, Zillow adjusted the Zestimate using movements in the Zillow Home Value Index at the ZIP code level,” the study explained. “The ratio of the sale price to the Zestimate-based expectation was then taken. The median of this ratio was compared between listing groups: the on-MLS listings compared to the pocket listings and validated off-MLS listings.”

NAR is expected to vote soon on a potential repeal of CCP.

Read more at Housingwire

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Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says

 
 

The newly confirmed director of the Federal Housing Finance Agency, Bill Pulte, who oversees mortgage giants Fannie Mae and Freddie Mac, said he will not lower the conforming loan limit, or the maximum value for the loans the two firms will buy and guarantee.

That limit is calculated each year according to current home prices. It now stands at $806,500, an increase of $39,950 (or 5.2%) from 2024.

“There are no plans to do anything as it relates to the conforming loan limit,” Pulte said Tuesday.

The Trump administration has touted plans to reduce the federal government, and many have expected it will work to shrink the size of Fannie Mae and Freddie Mac. The mortgage giants guarantee the vast majority of the nation’s $12 trillion mortgage market.

“Those close to it see a reduction in loan limits appeasing the populists irritated that the government is insuring million dollar mortgages, when in reality there’s ample supply of capital from banks and non-banks to support that activity,” said Eric Hagen, managing director and mortgage finance analyst at BTIG. “The question is how much mortgage rates for jumbo borrowers might need to increase to support it, all of which could be highly sensitive to timing and interest rates.”

The FHFA has overseen the two firms since they went into conservatorship in 2008. With the recent appointment of Pulte, questions have been swirling about what he intends to do with the two, including if he would move to lower their conforming loan limits. Pulte toured Fannie Mae and Freddie Mac offices last week, posting on social media a video of empty offices, desks and even the cafeteria.

In a recent report, the CATO Institute, a Washington, D.C.-based think tank, pushed the idea that Congress should limit the FHA’s single-family insurance portfolio to first-time homebuyers.

“Additionally, the FHA should decrease the value of loan limits eligible for FHA single-family mortgage insurance to (at most) the first quartile of home prices,” the report said.

Read more at CNBC

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6 Home Maintenance Tasks You Should Never Ignore, According to Home Experts

 
 

We all get busy, and keeping up with everything on your plate can be a challenge. However, one area where it’s crucial to be diligent is with home maintenance.

It’s easy to forget or ignore everything from seasonal tasks to seemingly non-threatening emergencies, but putting these things off can often lead to bigger problems. Worse yet, these issues are not simply frustrating but also expensive and time-consuming to fix. Here are six home maintenance tasks you should never ignore.

Managing Leaks

From mold to structural damage, water leaks can cause a variety of problems that are difficult to remediate. So, if you spot a leak in your house—no matter how small—make sure to contact a pro as soon as possible. “You want to call a plumber right away to find out what is causing the leak and repair it," Brooke Soliz Bremmer, an attorney who specializes in habitability with Sweet James says. "If you are a renter, your landlord is responsible for paying for the cost of fixing the leak if it involves a structural issue.”

Lastly, if your previously flat wall suddenly looks curved, it’s probably a leak, so be sure to call in for assistance right away.

Dealing With Infestations

Whether it’s something as small and seemingly non-threatening as termites or something larger (and potentially scary) like mice or rats, these problems need to be addressed the moment you notice something isn’t right. As with leaks, infestations can cause major issues for your home as well as your health. “While termites can cause structural damage to the home, rodents can get into the wires of your car and chew them," Bremmer says. "If you are a renter, you must report infestations to your landlord immediately because they are liable for fixing them and paying for it."

Checking For Mold

You might not think much about mold, especially if you don’t live in a particularly humid area, but mold can be incredibly hazardous and must be taken seriously. Even if you don’t see mold, it could be lurking.

Michael Rubino, mold and air quality expert, advises checking your toilet tank for mold at least monthly because it can signal a more significant mold issue elsewhere in your home. “While the tank lid isn’t airtight, there’s minimal air exchange between the inside and outside," Rubino says. "A stray mold spore could find its way in, but if you spot mold growth inside the tank, it’s more likely that high levels of spores are circulating in your home’s air due to an existing mold problem.”

Changing HVAC Filters

If you don’t remember the last time you changed your HVAC filters, you’re definitely due to swap them out. “Your HVAC system acts as the lungs of your home and, as such, is a crucial part of maintaining indoor air quality," Rubino says. "Clogged filters can’t do their job effectively. When they’re overly dirty, they reduce air quality, strain the HVAC system, and can even lead to costly repairs." So, he recommends checking your manufacturer’s guidelines for replacement timing, but also inspecting filters regularly. "Signs they need changing sooner include discoloration, odors, rising energy bills, weak airflow, or dust buildup around vents," he adds.

In addition to changing out your HVAC filters, Rubino recommends scheduling a professional HVAC service in the fall before cooler weather sets in. “Think of it as a biannual tune-up for your home’s air system," he says. "A well-maintained HVAC not only helps prevent mold growth but also supports a healthier home environment year-round.”

Cleaning Your Gutters

You may not ever may much attention to your gutters, but it’s important you don’t forget this essential home maintenance task. “Clogged gutters can cause significant water damage to both the interior and exterior of your home, especially in areas that experience frequent severe weather,” says Michael DiMartino, senior vice president of project services at Power Home Remodeling.

When gutters become clogged with debris, such as leaves and twigs, they block water from draining properly, which can lead to the formation of ice dams. “It’s not just about preventing ice dams, though—it’s also crucial to clear your gutters to stop icicles from forming," DiMartino explains. "When water can’t drain, it accumulates and freezes, adding unnecessary weight to the gutters. If the icicles grow too heavy, they can damage the gutters, soffit, and fascia boards.”

Sealing Air Gaps

DiMartino tells me that windows, doors, vents, and other openings in a building’s exterior play a vital role by allowing air and light to flow in and out of our homes. “However, these same openings can sometimes let unwanted air in or out, leading to energy loss and higher utility bills," he says. "It’s essential for homeowners to equip their homes with high-quality materials and proper sealants, and to regularly inspect for gaps or cracks in the foundation where air may leak.”

If you are unsure about air leaks, he suggests scheduling a building pressurization test with a pro. “If the windows, doors, chimneys, skylights, and other openings are all closed but air still seeps through, you can target those areas for repairs," DiMartino says.

Read more at Real Simple

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Is It Time To Put Your House Back on the Market?

 
 

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017.

Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.

But now, with spring fast approaching, it’s time to reassess. The market is already picking up, and waiting any longer to jump back in may only mean you’d face more competition from other sellers down the road.

Why Now Could Be the Right Time

Selma Hepp, Chief Economist at CoreLogic, explains that some of those sellers may have pulled their listings late last year with the goal of trying again this spring:

“Another reason for a step back could be that sellers wanted to wait and see how spring home buying season goes, and if mortgage rates fall, which would bring more home buyers and competition back in the market.”

That’s because spring is when buyer demand is typically at its highest point for the year. More people start their home search once the weather warms up. They’re eager to close on a home so they can move in during the summer. So, it’s a great window for sellers. It means more buyers.

And while mortgage rates haven’t fallen dramatically, they have come down some in recent weeks. Early signs already show buyers are becoming more active as a result. Since January, demand has picked up – and that should continue as spring draws even closer.

What To Do Differently This Time

Start by checking the status of your listing agreement. Because even if you pulled your listing, you may still be under contract. And until your listing expires, your agent or brokerage is your best resource on what else you could try to get it sold. Realtor.com offers this advice:

“If you aren’t sure of the status of your listing, whether active, expired, or withdrawn, take a look at your listing agreement and talk to your real estate agent.”

If your contract is still active, now’s the perfect time to reconnect with your agent to explore strategies to get your home sold this time around. If your contract has expired and you’re considering other options, reach out to a trusted real estate professional who can help you figure out where to go from here.

Either way, take some time to reflect on your last experience. What held you back from getting it sold before? And what can you do to improve your chances this time around?

Be sure to include your agent in this thought process. They’ll give you an objective point of view and some advice based on what may have gone wrong last time, like:

  • Your Pricing Strategy: Did buyers overlook your house because it was priced too high? Your real estate agent can help you analyze the latest sales in your area to make sure you’re hitting the right number. Believe it or not, you could actually be leaving money on the table by not pricing competitively. When it’s priced appropriately for the market, your opportunities for multiple offers and buyer competition increase.

  • Your Marketing Approach: Was your home staged to look its best? Did you use a skilled photographer for your listing photos? Small tweaks can make a big difference in how buyers see your house. Something as simple as taking new photos now that it’s spring can help your house show better than it did in the winter listing.

  • Offering Concessions: Were you willing to offer incentives to buyers? As the supply of homes for sale grows, more sellers are entertaining the idea of concessions or incentives to get the deal done. If you weren’t open to those conversations, that may have been a factor, too.

  • Showings and Flexibility: Did you have limits on when buyers could see the home? If your house is accessible and available, you’ll likely get more offers.

Bottom Line

If your house didn’t sell last year, spring may be your second chance. With buyer activity rising, it’s the perfect time to talk to an agent about coming back into the market with a fresh strategy.

What do you want to do differently this time around? Talk to your agent to go over your options and make a plan.

Read more at Keeping Current Matters

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