Princeton Real Estate

Beatrice Bloom, Princeton Real Estate Agent

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TIPS TO ENHANCE THE CURB APPEAL OF YOUR HOME THIS SPRING

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Princeton Town Topics – Let’s Talk Real Estate – April 7, 2021

TIPS TO ENHANCE THE CURB APPEAL OF YOUR HOME THIS SPRING

In real estate, first impressions matter. When a buyer appreciates the exterior features of a house, they are more likely to want to look inside as well. If you’re planning to list your home for sale this spring, now is the perfect time to venture outside and take some steps to boost the curb appeal for your home.

Here are some quick ideas to get started:

  • Remove dirt and debris from sidewalks, driveway, front porch or entryway. Consider hiring a professional company to power wash the exterior siding, doors and windows.
  • Take a close look at the front door. Is the color dull or faded? A fresh coat of paint will give an instant boost to the front.
  • Add eye-catching color by planting flowers in decorative pots around your front porch, steps, and around the mailbox. Choose from flowers that are already in bloom and brightly-colored annuals.
  • Freshen up the landscaping. Along with cleaning up the lawn, make sure to trim shrubs and trees, especially those along the house and foundation.

SPRING REAL ESTATE MARKET NOW EMERGING

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Princeton Town Topics – Let’s Talk Real Estate – March 31, 2021

SPRING REAL ESTATE MARKET NOW EMERGING

The spring real estate market will be full swing in the coming weeks. Traditionally, in New Jersey and other northeast markets, the spring market emerges in April, when the temperatures start to warm up and yards start looking greener. Homebuyers who delayed their search because of snow will start up again, especially those who want to move into a new home over the summer.

Because of continued high demand, the market is fast moving, with houses selling very quickly. Although more new sellers are expected to enter the market to take advantage of rising prices, inventories remain low in many locations in the region.

Buying trends are similar to last year: buyers want more space, more rooms, and larger yards. One of the main results of the pandemic is that many people will continue to work remotely for the foreseeable future, and maybe permanently in some cases. Homes with room for a home office – either an extra bedroom or another space that can be converted for a workspace – will remain in high demand as a result. Buyers should be prepared to move quickly, as high interest and multiple offers are expected to remain the norm.

BUYER FLEXIBILITY IN THE SELLER’S MARKET

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Princeton Town Topics – Let’s Talk Real Estate – February 24, 2021

BUYER FLEXIBILITY IN THE SELLER’S MARKET

The real estate market is showing no signs of slowing down as Spring 2021 approaches. Demand for suburban and rural areas remains high, while inventories are extremely low. The lack of inventory has plunged the region into a strong seller’s market that comes with its own challenges.

Right now, homes that are priced correctly are gaining multiple offers, often selling over the asking price. Many are going into contract within a few days of being listed for sale. Buyers who can be flexible on their move-in date may be more attractive than buyers who have firm deadlines.

We’re also seeing some creative solutions that allow more sellers to   cash in on the current market. For example, post-closing leaseback agreements are becoming more common as an option. In a leaseback agreement, the seller remains in the house after the closing for a      specified period of time, in effect becoming the buyer’s tenant. This can allow sellers to take advantage of the market while they find a new home.

WHAT MANY HOME BUYERS WANT MOST NOW

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Princeton Town Topics – Let’s Talk Real Estate – February 17, 2021

WHAT MANY HOME BUYERS WANT MOST NOW

Current home buying trends reflect changes brought on by the pandemic and its expected aftermath. Buyers are planning to spend more time at home in the future, particularly as companies continue to offer remote work options to their employees as a permanent option.

Here are some of the features that are currently in high demand:

  • Larger yards and outdoor living spaces. This includes decks, patios, and room for amenities such as a fire pit. People want outdoor space of their own to enjoy.
  • Updated kitchens tend to top buyers’ wish lists no matter the real estate trend. But buyers are looking for larger kitchens and upgraded appliances.
  • Rooms that can be converted to a permanent home office space.
  • Multi-purpose spaces for children who are learning at home. This includes room for computers, activity tables, or even gaming areas.
  • Energy-saving windows, siding, and HVAC systems.

Both first time home buyers and those looking to upgrade to a larger home are looking for similar features. These features are popular in both suburban and rural markets alike.

QUICK AND SIMPLE HOME STAGING TIPS FOR SELLERS

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Princeton Town Topics – Let’s Talk Real Estate – September 30, 2020

QUICK AND SIMPLE HOME STAGING TIPS FOR SELLERS

Home staging doesn’t need to be overwhelming. Your main goal is to create a setting that is appealing to anyone viewing your home. Start with a few basics to make your home warm and inviting for potential buyers. 

· Outside/Front Porch: Make the most of curb appeal. Keep the lawn freshly mowed, sweep or power wash the siding and sidewalks. Decorate your front porch with simple pots of seasonal flowers. 

· Declutter: Remove visible clutter from the usual hotspots (kitchen counters, bathroom counters, dining room table, family room). Pare down or pack away most of the items in your closets. 

· Deep clean: Dust, vacuum the carpets, wash the floors, scrub the kitchens and bathrooms. Wipe down kitchens and bathrooms right before every showing. 

· Natural light: Open blinds and pull back curtains to make sure your living spaces are enhanced by natural light. Don’t forget to wash the windows too. 

· Set the table: Make your dining spaces warm and homey by setting the table. Don’t make the setting too elaborate – a tablecloth, four to six place settings and a centerpiece is plenty to set the stage. 

· Added touches: Hang fresh new towels in the bathroom, display some fresh flowers in the kitchen, add a light and fresh home scent. 

MARKET UPDATE SEMINAR

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YOU’RE INVITED TO A WEICHERT “VIRTUAL” MARKET UPDATE SEMINAR

Presented by: John Burke, Manager

He will discuss an update of market conditions and how they
impact real estate decisions. How the current pandemic is
affecting our ability to conduct real estate transactions.
Is it a good time to buy or sell? He will review specific situations.

JOIN US ON ZOOM!

Thursday, August 27th at 6:30 pm

Visit PrincetonMarketSeminar.com or call 609-577-2989 to register.

We’ll send you a link upon registration.