It's the hot new neutral, a sleek and sophisticated color option that adds refinement to almost any room. Walls that are painted grey are great backdrops for almost any style of décor, and grey is such a dignified color that it can elevate the appearance of even the most modest furnishings.

Beyond wall color, grey will embellish interiors in other ways next year -- in the form of grey wash on wood furniture, for example, and in fabric used for everything from seating to floor coverings. 

But grey won't be the only neutral to be popular in 2014. Those seeking a change from more saturated color will be happy to learn that white and off-white are back in vogue. Manufacturers of interior paint will offer extensive palettes of ever-so-subtle tints comprised of 30, 40, and even 50 'whites' containing just a hint of color.

White is staging a strong comeback for a number of reasons, as with grey, the ease of coordinating furnishings with a neutral hue like white is appealing to almost everyone, however, you may gravitate to white for more personal reasons having to do with a change of address: those who are downsizing or smaller interiors to look more spacious; and for those who may soon put up a 'For Sale' sign, white is the wise paint color to apply before listing a home."

If you're looking for a color that will "pop", radiant orchid is the Pantone color of the year.  Color trends for 2014 are also feeling blue. Blues across the color wheel are predicted to be hot hues for 2014 as well.  

In the end, color choice is a very personal decision, so whether you are thinking about doing some painting, or changing your décor, or both, stick with colors that you love. When it comes to your home, your opinion is the one that matters most.