31
Jan 19

Just Sold in North Arlington New Jersey

I just sold this gorgeous 2 Family home in North Arlington New Jersey! If you are looking for a similar home go here for homes for sale in North Arlington New Jersey

Homes For Sale in North Arlington New Jersey


31
Jan 19

918 Memorial Dr in Essex Park Has Sold!

I sold another town home in Essex Park New Jersey! If you are interested in seeing town homes for sale in Belleville New Jersey Go Here.

918 Memorial Dr Belleville NJ


31
Jan 19

Do You Know How Much Your Home Has Increased in Value?

Do You Know How Much Your Home Has Increased in Value? | Simplifying The Market

Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed:

Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.”

The average homeowner gained $16,200 in home equity between Q2 2017 and Q2 2018 according to the latest release of CoreLogic’s Home Equity Report.

Since 2011 home values have increased significantly throughout the country, with prices rising by 5.1% in 2018 alone. When surveyed, homeowners revealed the top four reasons why they felt their homes had increased in value.

  1. Desirable Location
  2. Improved National Economy
  3. Improved Local Economy
  4. Low Home Inventory in My Area

As we can see, not only does the data show that the homes have appreciated, but homeowners also believe they know why. Many have taken advantage of the opportunity to use their newly found equity to sell their current house and move up to their dream home!

2019 will be a good year for the homeowners that still want to take advantage of their home equity! CoreLogic forecasts that home prices will increase by 4.8% by the end of the year.

Bottom Line

If you are a homeowner who would like to find out your current home value, let’s get together to discuss the hidden opportunities in your home!

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31
Jan 19

Spirit Is Offering Low Fares (Starting at $23!) To Escape The Cold

For $23, you can purchase the biggest sweater you can find and brace the cold for another day. OR you can say screw it all, escape reality, and jet off to some place much, much warmer. (We’re a fan of the later option, FYI).

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31
Jan 19

The Unexpected Home Update That Almost Always Pays for Itself

If you’re planning on doing some updates around your home this year, you’re probably figuring out which projects are worth sinking reserouces into: Is that subway tile backsplash going to be a waste of money when it’s time to sell? How about those new fixtures in the bathroom?

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31
Jan 19

This Apartment's Views Feels Like Living on a House Boat — House Call

Name: Miya Kusumoto, my kitten, Poppy
Location: Riverside — Jacksonville, Florida
Size: 900 square feet
Years lived in: 2 years, renting

The Riverside House—Rochester House as it was originally known—was built in 1869 as a boutique hotel that could accommodate up to 40 guests. Perhaps the most famous guest that stayed at the hotel was Mary Todd Lincoln—reportedly she came down South to recover from arthritic pain.

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31
Jan 19

This Dating App Created Funny Valentine's Day Cards For Every Relationship Stage

The best way to ensure your Valentine’s Day goes smoothly this year is to get prepared well ahead of February 14. That means no attempting to make last-minute dinner reservations or frantically perusing the picked-over cards at your favorite drugstore. On the other hand, you should definitely put some sincerity, time and effort into selecting a suitable card for your sweetie, and there’s a Valentine’s Day card pack to make the choice a little easier.

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31
Jan 19

The 9 Go-To Stores Real Estate Agents Use for Inexpensive Staging Decor

A large part of being a real estate agent is zhushing up a space to attract potential buyers. Because of this, many agents keep an accent and furniture inventory to lend to sellers with an open house or listing photo shoot on the calendar. In case you’re wondering, they aren’t super snobby when it comes to sourcing decor items: They often shop in the same places with an eye on price. I asked real estate agents for insider intel on where they shop to find the inexpensive accents they need. Here, their go-to purchases at nine major discount stores:

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30
Jan 19

4 Proven Ways Real Estate Can Build Sizable Family Wealth

4 Proven Ways Real Estate Can Build Sizable Family Wealth | Simplifying The Market

Recently, David Greene, co-host of the BiggerPockets podcast and a nationally renowned author and speaker, wrote an article in Forbes explaining how investing in real estate could help build wealth. Many of the points he made also apply to a family owning their own home. Here are a few:

1. Appreciation

“The rising of home prices over time, is how the majority of wealth is built in real estate. This is the ‘home run’ you hear of when people make a large windfall of money. While prices fluctuate, over the long run real estate values have always gone up, always, and there is no reason to think that is going to change.

One thing to consider when it comes to real estate appreciation affecting your ROI is the fact that appreciation combined with leverage offers huge returns. If you buy a property for $200,000 and it appreciates to $220,000, your property had made you a 10% return. However, you likely didn’t pay cash for the property and instead used the bank’s money. If you consider that you may have put 10% down ($20,000), you actually have doubled your investment, a 100% return.”

2. Leverage

“By nature, real estate is one of the easiest assets to leverage I have ever come across—maybe the easiest. Not only is it easy to leverage the financing of it, but the terms are incredible compared to any other kind of loan. Interest rates are currently below 5%, down payments can be 20% or less, and loans are routinely amortized over 30-year periods.”

3. Paying Off the Debt

“One of the best parts of investing in real estate is the fact that … you’re slowly paying down your loan balance with each payment to the bank… After enough time passes, a good chunk of every payment comes off the loan balance, and wealth is created.”

4. Forced Equity

“Forced equity is a term used to refer to the wealth that is created when an investor does work to a property to make it worth more…

Example of this would be adding a third or fourth bedroom to a property with only two, adding a second bathroom to a property with only one, or adding more square footage to a property with less than the surrounding houses.”

Though Green was talking about investors, the same could be said about a family upgrading their own home.

Bottom Line

Green put it best by saying:

There are many ways to build wealth in America, but real estate might be the safest, steadiest and simplest way to do so.”

To read the full article, click here.

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30
Jan 19

9 Places to Find Inexpensive, Modern Furniture

Of course we all love IKEA, but sometimes you want something just a little different (or something that all your neighbors don’t already have). The trick, of course, is that finding beautiful, modern furniture at inexpensive price points is a little like finding a needle in a haystack. If you’ve got champagne taste and a beer budget, take a look at this list of eight retailers where you can satisfy your design craving — while still being able to pay the rent.

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