What’s ahead for luxury, list mania and Honeysuckle Pink
This Week’s Top of the Tweets
By Camilla McLaughlin
List mania reaches a peak at year-end and Twitter is the perfect vehicle to browse what’s ahead.
Ballet, crowd power, and 4-D, are a few of the emerging trends Adam Tschorn at the LA Times is watching this year. http://bit.ly/eSvFrN
Among home design trends highlighted on Twitter, those that seem the most accurate include more personal style, more color and a refined eclectic mix. Although some are touting 2011 as the year when color returns, 2010’s palette was also predicted to be anything but bland. Pantone Research last year picked turquoise as the color of the year. Expect to see more pink in the future since the 2011 color is Honeysuckle, a vibrant pink. “In times of stress, we need something to lift our spirits. Honeysuckle is a captivating, stimulating color that gets the adrenaline going,” says Pantone’s Executive Director Lesley Elseman.
Foraging is on Epicurious.com’s roundup of the top food trends for 2011. This year sweet potatoes will finally get their due and macaroons will become the new cupcake. Also, look for Food Halls similar to Paris’ Las Grande Epicerie and Harrods; Korean Cuisine, and Tiki Bar Cocktails. http://yhoo.it/dJxhAg
Once again, year-end brings more questions than answers, although there is a general feeling that perhaps the worst might be over. @calculatedrisk sums up everything that hangs in the balance for real estate and the economy with this blog, http://goo.gl/fb/iz9DM. Although consumer confidence and retail sales polished the outlook for a continued recovery, home prices continue to fall. Standard & Poor’s analysts believe home prices will drop between 7 and 10 percent through 2011, erasing any gains in 2010 http://bit.ly/eK4Gtk. Six of the 20 cities on the latest Case-Shiller home price index hit a new low and Robert Shiller believes this does not bode well for the economy. Economist Gary Shilling thinks prices will fall another 20 percent. Businessinsider.com has a great recap, http://read.bi/hR6iNA. Thanks to @Corcoran_Group for this link in The Corcoran Daily Digest, http://bit.ly/gRHW1r
“2011 will be the year when a house once again become a home,” tweets @KCMcrew. Looking ahead, they believe this will be the year when normalcy returns to real estate. Sellers will finally accept that 2006 is long gone and begin to price realistically. Check out their prediction at http://bit.ly/eHNklb.
Preserving the past through buildings. Preservation Magazine highlights the best and worst of 2010, including the saving of two LA icons and the restoration of Philadelphia’s 1928 Beaux Arts Wachovia Bank. http://bit.ly/fduKWb
What’s ahead for luxury? After years of hype, authenticity is most important for high-net-worth consumers. A brand name no longer connotes luxury; rather the product, service or even a property has to deliver an exceptional experience. The only exceptions are tried and true names that have been luxury staples for generations. For 39 years, Unique Homes has helped consumers find the exceptional in real estate. In the upcoming year, our 40th, we plan to highlight the best in luxury locations, amenities and properties.
