Princeton Real Estate

Beatrice Bloom, Princeton Real Estate Agent

News/Blog

TURN YOUR DINING ROOM INTO A MULTI-PURPOSE SPACE

Princeton Town Topics – Let’s Talk Real Estate – May 25, 2022

TURN YOUR DINING ROOM INTO A MULTI-PURPOSE SPACE

Today’s dining room is no longer reserved for holiday dining and special occasions. Dining room spaces are the perfect multi-functional space that can be used every day as a home office, study space, library, or even a crafting space. The key is incorporating some multi-purpose design and storage ideas.

A wall of bookshelves can display both books and serving pieces. Add decorative storage boxes to keep office or craft supplies hidden in plain sight. A rolling cart with craft supplies can be easily moved out of the way or out of the room.

Sideboards are versatile pieces of furniture that can be used to store office supplies as well as dishes or serving pieces. Use shelving in a china cabinet to stow your laptop and other accessories.

Your dining room table can serve as a large workspace, craft space, or even a place to play games or work on puzzles. Be sure to protect your table surface with heat and stain-resistant table pads.

Don’t forget to add some task lighting and a good chair if you’ll be using your dining room as a primary home office.

MID-SPRING REAL ESTATE MARKET UPDATE

Princeton Town Topics – Let’s Talk Real Estate – May 16, 2022

MID-SPRING REAL ESTATE MARKET UPDATE

Mid-spring real estate prices nationwide remain near record highs in many markets, and last week’s increase in mortgage rates make buying a home an even more expensive prospect. The Freddie Mac fixed rate 30-year mortgage loan rate climbed to 5.30% last week, a rate not seen since 2009.

Meanwhile, in New Jersey, prices for single family homes continue to climb in markets across the state, as inventories remain low and buyer demand remains strong and steady. The median prices for homes increased by 8.8% from last year. However, the effects of the new mortgage rate increases have not yet developed.

Right now, buyers are still moving quickly as homes come on the market. Demand isn’t expected to drop off, especially heading into the summer months. Although the latest NJ statewide real estate market reports show a jump in home listings from February to March 2022, overall inventories remain extremely low. New listings increased the most in Monmouth, Middlesex, and Bergen counties.

Continued low inventories mean that buyers need to remain flexible in terms of preferences and amenities. Homes that need work are selling just as quickly as homes that are “move-in” ready.

HOW TO CREATE A RELAXING BACKYARD SPACE

Princeton Town Topics – Let’s Talk Real Estate – May 11, 2022

HOW TO CREATE A RELAXING BACKYARD SPACE

With spring underway and summer around the corner, it’s the perfect time to create outdoor spaces for relaxing and entertaining. A few simple amenities can transform your patio, deck, or backyard. Here are some ideas that will let you enjoy your backyard spaces on both sunny days and starry nights.

  1. Go beyond outdoor dining sets. A comfortable sofa, low table and lounge chairs are perfect for entertaining or curling up with a good book. Add a rug and your deck will feel like an outdoor family room.
  2. Tranquil outdoor lighting. Lights are perfect for adding evening ambiance to your deck or patio. Deck lighting can be installed to illuminate seating and gathering areas, while solar stakes can light backyard walkways. Use string lights to add a fun atmosphere.
  3. Create a food and beverage serving area. A colorful gardening bench with shelves or a portable rolling cart can serve multiple purposes.
  4. Add a portable firepit. There are many budget-friendly and lightweight options you can use on either your patio or backyard. Choose from traditional cast iron, propane-fueled, or even smokeless firepits.

HOME UPGRADES THAT ADD VALUE IN 2022

Princeton Town Topics – Let’s Talk Real Estate – May 4, 2022

HOME UPGRADES THAT ADD VALUE IN 2022

What kind of home improvement projects will add value to your home in 2022? You might be surprised
to find that some simple and budget-friendly upgrades can add both value and a “wow factor” to your
home.
Here are some upgrades to consider whether you’re planning to sell your home, or just looking to
remodel:

  1. A new front door can change the look of your home and add instant new curb appeal. Choose
    from classic colors such as black, red, and white, or select from popular blues or greens to add
    the most value.
  2. A kitchen facelift that includes new flooring, new appliances, countertops, and freshly painted
    cabinets can increase the value of your home without the extravagant expense of a complete
    remodel. A spacious pantry and an island with seating are currently hot ticket items for buyers.
  3. Luxury bathroom details are very popular right now. Freestanding tubs and walk-in showers are
    two of the most appealing features that will add value to your home.
  4. Buyers want extra living space for a home office or a multi-purpose room. Finished attics and
    basements can easily meet these preferences.

WHY REAL ESTATE DEALS CAN FALL THROUGH

Princeton Town Topics – Let’s Talk Real Estate – April 27, 2022

WHY REAL ESTATE DEALS CAN FALL THROUGH

The process of buying and selling a home is complex. There are many moving parts involved in the transaction process. In some cases, not everything can be resolved, and a deal falls apart. It’s a good idea to become familiar with some of the most common reasons deals fall through, as some issues can be resolved by either a buyer or seller before the real estate process begins.

Here are some of the top reasons why deals fall through:

  • Complications related to the home inspection. Sometimes the home inspection reveals a major unexpected issue such as a structural defect, insect damage, or an issue with mold that that cause the buyer to walk away.
  • Unexpected issues related to the title. A title search can uncover issues such as outstanding liens, public record errors, taxes due, or child support payment issues.
  • Appraisal gap. If the appraisal of the home shows a value of less than the sales price, the bank may refuse to finance the property.

Fortunately, being prepared and working with an experienced Realtor can help resolve some common issues before they become deal breakers.

DECLUTTERING TIPS FOR STAGING YOUR HOME

Princeton Town Topics – Let’s Talk Real Estate – April 20, 2022

DECLUTTERING TIPS FOR STAGING YOUR HOME

When you’re preparing your home for sale, decluttering is one of the most effective ways to show your home at its best. The process may seem overwhelming, but there are simple changes you can make for maximum impact. Here are some ideas to get started:

· Plan room by room. Create a checklist for each room and work on one room for 20-30 minutes each day. Don’t try to tackle it all at once.

· Sort items by category: keep, donate, or discard. Place items into storage boxes and remove the “donate” and “trash” boxes as soon as possible.

· Clear kitchen and bathroom countertops. Put away small appliances and personal care items. Decluttered counters will make these rooms feel larger and brighter.

· Pare down any extra furniture, bookshelves, heavy window treatments, and even throw pillows. Having too many items and accessories can make your rooms feel darker and smaller.

· Streamline your closets and cabinets. Don’t be tempted to hide your clutter in your closets and storage areas.

· File away the paper. Home offices are a hot feature right now. Show yours off to the best advantage by clearing away papers and boxes.

Skip to content