In a recent issue of Multifamily Executive magazine, we learned that in the nation’s most desirable – and expensive – metros, renting remains the once and future king of housing economics.
The Top 10 Rent vs. Own Cities include:
- San Jose, CA
- San Francisco
- New York City
- Los Angeles
- San Diego
- Washington, D.C.
- Portland, OR
However, as rents continue to rise and home prices continue to decline, the advantages of renting over owning are becoming narrower in many major metropolitan areas.
To our homebuilder audience: where does your area stand in the rent vs. own battle?
In celebration of the holiday season and the new year upon us, check out our favorite links for the week!
Happy Holidays from the Progress Lighting team!
In the spirit of the holiday season, we’ve put together four tips to make the most of the lighting and decor inside – and outside – your home!
- Incorporate layers of light. Consider adding multiple types of fixtures – such as chandeliers, recessed lighting and wall sconces – to add depth to the rooms where friends and family gather during the holidays.
- Small changes = big difference. Minimal adjustments such as decorating existing fixtures or adjusting illumination to highlight holiday centerpieces will enhance a festive environment.
- Make a first impression. Entryways are the first areas of a home to invite guests and set the tone for the rest of the interior. Lanterns and hanging fixtures can be functional, yet decorative, pieces that serve as the focal point in entry areas.
- Illuminate your home’s exterior. Simple outdoor lighting techniques can make your home and yard look great and offer functional features during the holidays – and all year long. Lighting along paths and driveways enhances the overall theme of your outdoor space while preventing accidents in the dark.
We would love to hear about your holiday entertaining traditions – and how you plan to decorate and illuminate your home this season. Share your thoughts and questions in the Comments section!
We recently participated in a branding study by The Electrical Distributor magazine (tED) which sought to evaluate awareness and preference for manufacturers of various lighting and electrical products.
Here are a few of the key takeaways found by the study:
- Electrical Distributors use many sources – such as print, in-person, trade publications and sales reps – to stay up-to-date on electrical products and equipment.
- 62% of electrical distributors carry lighting.
- The top factors that influence electrical distributors when deciding which lighting brands to stock are – quality/reliability, manufacturer’s reputation/integrity, availability/delivery and technical support/service.
- Electrical distributors are highly influential in the brands of lighting their customers buy.
- Looking ahead to 2013, 87% of electrical distributos anticipate flat or improving lighting sales.
To our electrical distributor readers, are these findings comparable to what you see in the field? We’d love to hear your thoughts!
We’ve had some exciting shares and posts across our social media channels in wrapping up 2012 this past week. We hope you have enjoyed them! In case you missed out, here are some of our favorites. Check out Progress Lighting fixtures featured in lighting publications, interior lighting tips and a look into the 2013 housing market.
Piedmont Lantern featured in Return to Home blog
2013 Housing market outlook looks bright
3 Questions to ask before buying bulbs
Types of home lighting: Interior lighting design basics
Coupe collection featured in Residential Lighting’s Dallas Market preview
Are you building a new home, remodeling your current house or just looking for a refresh? Pinterest is an excellent place to find inspiration for any home improvement project!
Check out a few of the most popular Progress Lighting fixtures trending on Pinterest…
Share your favorite collections directly to Pinterest! Each Progress Lighting product on our website includes a “Pin it” button.
With the holiday season upon us and a new year quickly approaching, our favorite articles this week are all about home makeovers, year-end reviews and Christmas lights! Missed our Facebook posts? Check out the links here:
Our Bingo collection was featured in Enlightenment magazine's Best of 2012 Wrap Up
The lighting industry has experienced many technological advances throughout the past few decades. As a result, CFL and LED fixtures are readily available for residential purposes. High performing and energy efficient fixtures are becoming not only more practical on the interior, but also in exterior lighting designs.
With the wide availability of CFLs and LEDs, High Performance Lighting should be applied to the outside of the home as well. In an HPL exterior lighting design, practical and functional purposes take priority over decoration. High efficiency fixtures should be applied to three key areas:
1) Circulation paths and points of entry – doors, walkways, driveways
2) Activity areas – patios, decks, service yards
3) Security lighting – building surfaces, service areas
If decorative lighting is desired, such as for holidays or landscape illumination, high efficiency fixtures should be employed. Did you know LED holiday lights are now available? This year’s Rockefeller Christmas tree is decorated with over 30,000 multi-colored high efficiency LED lights.
How will you apply High Performance Lighting to the outside spaces of your home?
The last week of November – we hope it has been a great one! In case you’ve missed out on our social media posts this week, here’s our weekly recap. We’ve shared information on an upcoming trade show we’re attending in January, as well as indoor lighting tips and trends. Enjoy!