Monday, July 8, 2019

Now’s The Time To Move-Up And Upgrade Your Current Home!



Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house.

Much of the demand for housing over the past couple of years has come from first-time buyers looking for their starter home. Many of the more expensive homes listed for sale have not seen as much interest.

According to ILHM’s Luxury Report, this mismatch in demand and inventory of luxury and premium homes has created a Buyer’s Market. For the purpose of the report, a luxury home was defined as one that costs $1 million or more.

“A Buyer’s Market indicates that buyers have greater control over the price point. This market type is demonstrated by a substantial number of homes on the market and few sales, suggesting demand for residential properties is slow for that market and/or price point.”

The authors of the report were quick to point out that current conditions at the higher end of the market are no cause for concern.

“While luxury homes may take longer to sell than in previous years, the slower pace, increased inventory levels and larger differences between list and sold prices, represent a normalization of the market, not a downturn.”

Luxury can mean different things to different people. To one person, luxury is a secluded home with plenty of property and privacy. To another, it could be a penthouse at the center of a bustling city. Knowing what characteristics mean luxury to you will help your agent find you the home of your dreams.

Bottom Line

If you are debating upgrading your current house to a premium or luxury home, now is the time!




With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Sunday, June 30, 2019

New Townhome Community Profile: The Collection at Morristown

Introducing a great new construction Luxury Townhome community in Morristown called The Collection at Morristown.  With townhoms ranging between Approx 2200-2400 Sq Ft, and 2 and 3 Level Floor Plan Townhomes and lots of upscale features.
Built by National Builder Lennar and these homes include Lennar’s Home Automation Package with Smart technology that you can control from your phone. Including a Ring Video Doorbell, Honeywell Thermostat, Ruckus whole-home Wi-Fi and more.
Prices range from $599k to $699k offering 3 Beds, 3.5 Baths and 1-2 Car Garages. 2 Models to choose from: Pinehurst and Arcadia Grande.
Please call us for more details at: 973-615-6504 or 973-953-7777.

With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Friday, June 28, 2019

Know What To Expect At Your Home Inspection




So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection.

This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some cases, to walk away. Your agent can advise you on the best course of action once the report is filed.

How to Choose an Inspector

Your agent will most likely have a short list of inspectors that they have worked with in the past that they can recommend to you. HGTV recommends that you consider the following five areas when choosing the right home inspector for you:

1. Qualifications – find out what’s included in your inspection and if the age or location of your home may warrant specific certifications or specialties.

2. Sample Reports – ask for a sample inspection report so you can review how thoroughly they will be inspecting your dream home. In most cases, the more detailed the report, the better.

3. References – do your homework – ask for phone numbers and names of past clients who you can call to ask about their experiences.

4. Memberships – Not all inspectors belong to a national or state association of home inspectors, and membership in one of these groups should not be the only way to evaluate your choice. Membership in one of these organizations often means that continued training and education are provided.

5. Errors & Omission Insurance – Find out what the liability of the inspector or inspection company is once the inspection is over. The inspector is only human, after all, and it is possible that they might have missed something they should have seen.

Ask your inspector if it’s okay for you to tag along during the inspection. That way they can point out anything that should be addressed or fixed.

Don’t be surprised to see your inspector climbing on the roof or crawling around in the attic and on the floors. The job of the inspector is to protect your investment and find any issues with the home, including but not limited to: the roof, plumbing, electrical components, appliances, heating & air conditioning systems, ventilation, windows, the fireplace and chimney, the foundation, and so much more!

Bottom Line

They say, ‘ignorance is bliss,’ but not when investing your hard-earned money into a home of your own. Work with a professional who you can trust to give you the most information possible about your new home so that you can make the most educated decision about your purchase.




With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Wednesday, June 19, 2019

What You Need To Know About Private Mortgage Insurance (PMI)






Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI).

What is PMI?

Freddie Mac defines PMI as:

“An insurance policy that protects the lender if you are unable to pay your mortgage. It’s a monthly fee, rolled into your mortgage payment, that is required for all conforming, conventional loans that have down payments less than 20%. Once you’ve built equity of 20% in your home, you can cancel your PMI and remove that expense from your mortgage payment.”

As the borrower, you pay the monthly premiums for the insurance policy, and the lender is the beneficiary. Freddie Mac goes on to explain that:

“The cost of PMI varies based on your loan-to-value ratio – the amount you owe on your mortgage compared to its value – and credit score, but you can expect to pay between $30 and $70 per month for every $100,000 borrowed.”

According to the National Association of Realtors, the average down payment for all buyers last year was 13%. For first-time buyers, that number dropped to 7%, while repeat buyers put down 16% (no doubt aided by the sale of their homes). This just goes to show that for a large number of buyers last year, PMI did not stop them from buying their dream homes.

Here’s an example of the cost of a mortgage on a $200,000 home with a 5% down payment & PMI, compared to a 20% down payment without PMI:



The larger the down payment you can make, the lower your monthly housing cost will be, but Freddie Mac urges you to remember:

“It’s no doubt an added cost, but it’s enabling you to buy now and begin building equity versus waiting 5 to 10 years to build enough savings for a 20% down payment.”

Bottom Line

If you have questions about whether you should buy now or wait until you’ve saved a larger down payment, meet with a professional in your area who can explain your market’s conditions and help you make the best decision for you and your family.




With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Thursday, April 11, 2019

What Was the #1 'How to save for" Google Question in the Past Year?



What were Americans most curious about savings-wise in the last year? According to Marketwatch, the #1 "how to save for" search was how to save for a HOUSE! Buying a home still remains a top American dream, though the number of people who own homes have declined while prices continue to generally appreciate.

In our area of New Jersey, we are seeing a strong market for many sellers. Not only is this due to typical Spring activity, but there are many first time buyers looking right now as interest rates remain low and people's savings rebound and grow. Many listings in our area are selling quickly and sometimes with multiple offers!

Here are some of the homes we listed recently that received multiple offers:





If you're thinking of selling, now is a great time. Contact us to see how much your home might sell for.

If you're thinking of buying, you want an experienced agent to guide you on how much your dream home is really worth according to the local market and of course to negotiate & fight for you in a multiple offer situation. We are experts in helping our buyers win their bids!



With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Wednesday, March 27, 2019

Data Says April Is The Best Month To List Your Home For Sale



The spring housing market is off to the races! The inventory of homes for sale is increasing, buyers are out in force, and interest rates have remained low, piquing the interest of buyers and sellers previously on the fence about making a move.

New research from realtor.com shows that the first week of April is actually the best time to list your house for sale! The report used “trends in median listing prices, views per property on realtor.com, home price drops, median days on market, and number of listings on the market over the last three years,” to determine a ranking for every week of the year.

Listing your home in the first week of April contributes 14x more property views, 5% less competition from other home sellers, and results in the home being sold 6 days faster!

Below is a graph indicating the average score for each month of the year.







It should come as no surprise that April and May dominate as the top months to sell. The second quarter of the year (April, May, June) is referred to as the Spring Buyers Season, when competition is fierce to find a dream home, often leading to bidding wars.

However, there is one caveat worth mentioning. When broken down by metro, realtor.com noticed that while warmer climates share an overall trend, they have different top sales months. The best month to get the most exposure in Miami, FL, for instance, is August, while in Phoenix, AZ, June leads the charge.

If you’re thinking of selling your home this year, the time to list is NOW! According to the National Association of Realtors, 41% of homes sold last month were on the market for less than 30 days! If you list now, you’ll have a really good chance to sell in April or May, setting yourself up for the most exposure!

Bottom Line

Contact a local real estate professional who can show you the market conditions in your area to get the most exposure to the buyers ready and willing to make a move!




With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Saturday, March 23, 2019

20 Tips for Preparing Your House for Sale This Spring

Some Highlights:

  • When listing your house for sale, your top goal will be to get the home sold for the best price possible!
  • There are many small projects that you can do to ensure this happens!
  • For specific suggestions custom to your home, contact us for a free consultation.  We'll use our knowledge about the latest home trends and local demands to help get your house ready for market.








With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Friday, March 8, 2019

New Exclusive: Outstanding Colonial in Whippany, New Jersey

New Exclusive in Whippany, New Jersey

5 BD, 3 BA, 2-Car Garage

Welcome to our sneak peek of this gorgeous 5 BD, 3 BA Colonial in Whippany (Hanover Twp.), New Jersey! With its handsome brick front and meticulously maintained landscaping (including a bloom of roses each year), this home boasts fantastic curb appeal! Plus its enviable location in Whippany means lower property taxes compared to other nearby towns, excellent schools, and easy access to many nearby freeways, shopping, and recreation.

This home delights in every room! First enter into a bright 2-story foyer. From here you can see the lovely hardwood and tile floors and crown moldings that enhance the 1st floor. Formal living & dining rooms flank the foyer and supply abundant space for entertaining. The living room features a bay window (as does the dining room) and double French doors to the family room and its marble-surround fireplace.

Next is the spacious eat-in kitchen that includes a sunny breakfast area, direct access to the deck, granite counter tops, center island with breakfast bar, and stainless steel appliances, and tile backsplash. A French door to the dining room makes serving a breeze. The 1st floor also offers a convenient bedroom with built-in storage and a full bath and stall shower. The laundry room completes the 1st floor.

The 2nd floor includes 4 generously-sized bedrooms and 2 full baths. The master suite is a delight with a massive walk-in closet, 2 additional closets, a luxurious marble bath, and frameless glass shower. The updated hall bath features dual sinks and a granite counter topped vanity.

Finally a huge basement provides plenty of space for storage and fun. It comes with recessed lighting and only needs to be finished to your tastes to create an excellent rec room, media room, extra sleeping space, office, and more!

Questions? Want to see the home? Contact us today. This property isn't in the MLS!







With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.

www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Wednesday, March 6, 2019

Do the Super Wealthy Renovate or Rebuild?



The vast majority of 'extreme home makeovers' we see are those on HGTV and the like and mostly more affordable. But gut renovations happen at all price levels, including multi-million dollar homes.

Until recently, most people have been more prone to tearing down an old house and building a brand new one in its place, especially in areas where pricing has soared and doing so is fully justified. Often this is cheaper. But there are some older houses in prime areas that pose historic or architectural significance and doing a gut renovation is the only solution. All renovation is expensive, especially if it is done correctly and not merely a cosmetic re-do. Structural renovations, especially in tight spaces in urban areas can be extremely costly, and often the structural and mechanical aspects of the renovation are not clearly visible. They may often be the most important aspect of the renovation.


The first step any prospective high-end renovator should do is consult their real estate agent to determine the differential between what the property costs to buy and what it could be worth fully renovated. Some buyers of very expensive homes don't care if they lose money upon re-sale, but they are in the minority. A client of ours recently gut-renovated a massive property with no budget (the garden alone cost $10 million) and stated boldly: "I am rich, I am not going to live forever, I love this property, it's my home and I don't care if it sells for 50 cents on the dollar!"

The next step would be to hire a team: an architect, builder and engineer are a good start. A landscaper and interior designer are always meaningful. Getting a comprehensive understanding of current conditions and the environment/land that the property is built on is critical. Understanding costs is equally important, if cost matters. Most older homes require massive infrastructure changes to meet the demands of modern living. There are very few for which a cosmetic renovation alone works. Most renovators of expensive older homes have told me that skimping is usually inevitably more costly and its always wiser to do things 100% thoroughly from A-Z.

Everything you put into a high-priced renovation has varying degrees of cost: some windows for instance can cost triple the cost of others. A quality sink faucet can cost anywhere from $500 to well over $5,000. Choices matter. And often those choices have to refer back to end valuation to be justified. There is nothing worse than doing an expensive renovation that appears cheap or looks like parts were skimped, as tempting as that may be. When evaluating an older' properties re-design its always important to retain the aspects that make that property special while adapting the place to a contemporary lifestyle. Those who destroy (good) architectural history are better off building from scratch elsewhere.


A beautifully renovated house requires a beautifully landscaped environment: too often we see poorly executed landscaping because people forget just how much landscaping can cost and they have no budget left by the time they are finished with the house/apartment...and all the additional costs that are inevitable. Older homes are prone to delivering 'surprises.'

While we love new construction, we have to say that personally nothing compares to a magnificently renovated home that has it's architectural beauty preserved. It's also important to note that most very high end properties are viewed as dated and requiring of a cosmetic renovation after about 6-7 years. Don't forget: the rich are different!




With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. 

Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.


www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Friday, March 1, 2019

Buyers: Why Multiple Bids Aren't as Bad as You Think

Buyers so often feel dejected when they find a property they love, only to discover multiple parties are interested and bidding. In some markets this is to be anticipated, and smart buyer agents educate their buyers to this possibility before they even start looking. While it usually feels unfair that others are bidding against you, here are some BUYER upsides (Don't worry about sellers.....they have lots to celebrate about!):

1. When others want a property you want, chances are it is very desirable. Usually when others want this property now, others will want it in the future when you sell.....but only if you are not in a super-tight inventory environment that can artificially drive demand.

2. Know that you are buying in a neighborhood/area that is in high demand.

3. Usually multiple bids emerge when demand outweighs supply. Sometimes, multiple bids emerge when something is priced below market, or the market is rising in value. Maybe the market is under-valued?

4. Bidding as much as you are (semi) comfortable doing is smartest. Some people do get completely carried away and pay vastly over the asking price. Granted they usually get the property, but irrational exuberance can have bad consequences.

5. Bargains - the homes no-one else wants - are very scarce in highly desirable neighborhoods. Beware of buying a bargain and then owning a bargain. The 'thrill' of a good deal may be outweighed by the quality of the product.

6. Multiple bids do not always lead to a sale price over the asking price. Sometimes the winning bid is below the asking price. Sometimes the terms matter more than the price. When multiple parties are bidding, most times this gives a very clear indication what the market is willing to bear at that moment, more so than simply an asking price.





With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.


www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Saturday, February 23, 2019

DID YOU KNOW? Existing-home sales ran at a 4.94 million seasonally-adjusted annual rate in January

💡DID YOU KNOW? Existing-home sales ran at a 4.94 million seasonally-adjusted annual rate in January, lower - by 1.2% - than the 3-year low they hit in December. They were 8.5% lower than a year ago. Inventory is a major cause: at the current pace of sales, it would take 3.9 months to exhaust the available supply. First-time buyers made up only 29% of all transactions during the month, well below their long-term average 40% share, speaking again to affordability. Sales increased by 2.9% in the Northeast, but down 2.5% in the Midwest, 1.0% in the South, and 2.9% in the West. (Marketwatch)

With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Wednesday, February 20, 2019

Fireplace Mantels: 7 Questions & Trends









credit: Bjorn Wallander



Fireplace mantels are taking center stage more and more in modern homes. Previously they primarily housed candles that never got lit, photos, and seasonal décor but we're seeing an increase of thoughtful décor that not only makes the fireplace area shine but also elevates the rest of the room. Here are some common questions & trends we've seen:


1. What's the difference between an English mantel and a French mantel?

French mantles tend to be lower and more ornate, often in heavier materials like marble or stone, and more heavy duty architecturally. English mantles tend to be higher and made of wood and sometimes offer modern, clean lines.

With either type, fireplaces definitely have become statement pieces by themselves. They show off a kind of lifestyle with either sophistication, romance, or coziness and offer an area for homeowners to showcase their sense of style.

source: remodelista.com



2. Non-Traditional Lighting

One lighting trend that keeps cropping up is lighting on the floor or hearth rather than on the mantle, specifically 2 symmetrical spotlights that point directly upward at the fireplace surround. It creates a dramatic effect and highlights beautiful materials or architecture.

Another option with a twist is candle holders in less conventional spots like the fireplace screen or hearth, mimicking the light and ambiance of a fire.

If there’s artwork on or above the mantle, spotlights can be used to highlight the artwork. It is usually best if the artwork is tall and the lights fade up to the ceiling. Overhead artwork lighting can look stuffy and too harsh.

Generally avoid lamps and seasonal lighting and definitely avoid the clash of harsh white light. This area should employ softer, cozier yellow light.

source: homebunch.com

3. Are mirrors and TVs hanging above a mantel sort of dull or expected at this point?

Mirrors still have their place above mantles but they easily look outdated. They still work well with extra high ceilings, statement fireplaces, and low mantles where the mirror is tall and draws the eye upward.

TVs are still a favorite over the mantle but we’re fans of décor that adds texture and interest and shows that the TV is not the focus of the room. One trend we love is the look of horizontal wood planks from hearth to ceiling on the fireplace. It’s eye-catching without being too distracting and allows for other décor to shine on the mantle.

4. Do people still use the Rule of Three?

This infamous rule is less in fashion now unless the three items are complementary statement pieces. Think an ornate clock flanked on either side by pieces of art. The rule of three often suggests a rigid formality which is less common in today’s homes.

5. What about safety?

source: indulgy.com
Kids and pets are important to consider if the mantle items are within reach, but if the mantle is out of reach, there’s no limit to the fragility and creativity of the mantel décor! Heavy objects, objets d’art, glass, and artwork all can look fantastic on a mantle, anchoring the visuals or lifting them up. If you are worried about things being knocked off, check out the various mounting solutions sold at any local hardware store (e.g. screw mounts, plates, velcro, hooks, small straps, etc.).

6. Symmetrical vs organic?

This really depends on the style of the fireplace and of the room as long as it looks intentional and thoughtful (i.e. not messy and haphazard). The fireplace is usually the room’s focal point and can be a great place to add contrast. If your room has a lot of symmetry, try a more organic design on the mantle. If your room is more relaxed and organically decorated, try a symmetry over the mantle with décor or sconces or artwork.



source: annechessindesigns.com
7. What do people put on mantels these days?

Today’s mantles are often more decorative than sentimental. Family photos tend to be hung on walls and placed on tables, shelves, and desks leaving the mantel free for creativity and expression. It’s more on trend to use bold, simple mantel décor rather than numerous small items which can look cluttered and unfocused.





With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Relocating To or From New Jersey? Don't Let Your Relo Company Make This Important Choice for You

Are you Relocating? You have a choice!


As a seller or buyer, you have the right to pick a Realtor of your choice. Don’t let your relocation company force you to use their preferred agent. That agent may not be the best fit for your situation, and that agent might be motivated by the relo company's interests over yours. Instead choose an independent real estate agent. We work with many relocation companies, and as a member of both the Realogy and Sotheby’s International Realty® networks, our offices at Prominent Properties Sotheby’s International Realty offer a broad range of customized relocation services including:
  • Pre-marketing and inventory assistance
  • Fresh and easy to use local website
  • Custom Market Analysis Reports
  • Area overview tours
  • Home finding services  👋
  • School and Community information



Where We Are


The Sotheby’s International Realty network currently has more than 22,000 independent sales associates located in approximately 960 offices in more than 72 countries and territories worldwide, speaking over 48 languages, and places over 7,500 referrals every year! Our Northern and Central New Jersey relocation team exceeds 600 licensed professionals and staff working out of 13 offices including nearby locations such as Montville. Our team has over 20 years of helping relocation sellers and buyers!


Relocation Partnerships


Relocating through a relocation company? Here are just some of the relocation companies we work with:

ADP
Aires
Altair
CapRelo
Cornerstone
Graebel
Home Services Relocation
Lexicon
MSI
NEI Global Relocation
Plus Relocation
Relocation Today
SIRVA

Contact us today to find out how we can reduce the stress and pain of relocation! We'll get you where you need to go.



With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Saturday, February 9, 2019

The affluent are increasingly renting and how renting is so expensive in the long run


This article below is Good News for Real Estate Investors and also it makes the case that you should own your home rather than rent in the long term to build wealth.

DID YOU KNOW? The affluent are increasingly renting, according to multiple studies. Renters earning $150,000 or more per year were the fastest-growing group of renters. Between 2007 and 2017, top-earning renters increased by 175%, while homeowners within the same income bracket exhibited a 67% growth rate. Out of the 43.3 million renters nationwide, 2.1 million are top earners according to the latest available U.S. Census data. Back in 2007, there were only 774,000 high-income renters. Since 2008, the average size of a newly-built rental apartment has shrunk by 52 square feet, or 5%, to 941 square feet. Apartments have become much more expensive to rent — the average price has risen 28% over the last 10 years to $1,944. That equates to $700,000 over a 30 year period if rent prices stay the same.....$1,944 per month jumps to over $2,600/month simply applying 1% inflation rent hikes annually.....or $815,000. With nothing to show for it - zero equity - at the end of the day. (Marketwatch)

With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Thursday, February 7, 2019

Interior Design Trends for 2019

As real estate agents we look at so many homes each year that we get a clear sense of what's popular with homeowners. Let’s look at a few of the top design trends agents are noting for 2019:

  • Open Floor Plans: Homeowners are enjoying open spaces where the kitchen is the heart of the home and opens up to the family and dining rooms where they can entertain. Remodels now include knocking down walls and moving cabinets to enlarge these areas.


  • Subway & Moroccan Tiles: We’re seeing many subway tile and Moroccan tile backsplashes in kitchens, especially from counter-top-to-ceiling for a bold visual statement. Subway tiles are appearing in interesting patterns such as chevron or herringbone while Moroccan tiles are also cropping up in bathroom floors.
  • Brass & Copper Accents: From lighting fixtures to faucets to cabinet handles to range hoods, brass and copper are being mixed into traditional styles to add edge or warmth.


  • Bring the Outside In: Homes are using more and more glass like walls of windows, skylights, and glass doors. Whether entertaining or just having a glass of wine, glass is being used to bring the outdoors inside and take advantage of scenic views.
  • Lighter Wood Floors: Homeowners are choosing lighter wood floors, sometimes with a shade of gray or brown in them, and they’re using them increasingly in kitchens and foyers.
  • Gray & Teal: Gray continues to be wildly popular on walls and cabinets, and we’re noting a variety of shades & hues from pale bluish grays to deep charcoals. A fun addition we’re also seeing is the teal accent wall or teal island.
  • 1st Floor Bedroom/Office: Many homeowners are converting bedrooms to office spaces as more people work from home. Making spaces multitask is increasingly in demand.
Every home should be an extension of its owner with a style that makes homeowners feel happy and inspired. We hope these trends give you some ideas for your own homes!


With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. 

Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

How Sotheby’s International Realty innovative real estate marketing works for our clients.

When your home is represented by the Sotheby's International Realty® brand it benefits from the worldwide recognition and prestige of the Sotheby's name and gains exclusive access to highly qualified global clientele. See below how the Sotheby's International Realty brand is successfully connecting homes with buyers worldwide. See the latest Innovations that Sothebys International Realty bring to Real Estate Sales and Marketing.



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With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.



Tuesday, February 5, 2019

Parsippany Named Best Place In NJ To Live By Money Magazine

Money Magazine recently rated Parsippany as one of the best places to live in the country. They ranked Parsippany #26 in the 2018 Best Places to Live. Only two New Jersey towns made the list of Top 50 places. The first was Parsippany at #26 and the next was Union at #43.
We already know Parsippany is a great places to live due to it's great location in Northern New Jersey, the Excellent schools and the commuting options to New York City.  It is also has easy access to Newark International Airport and many major highways like Rt 46, Rt 80, Rt 280, Rt 10, Rt 24 etc. You can read the full Money magazine article here.
If you are thinking of moving to Parsippany there please see Available Homes for Sale in Parsippany, Available Townhomes and Condos in Parsippany.
Also check out the following popular Townhome and Single Family Communities in Parsippany, New Jersey:

With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Monday, February 4, 2019

Rates for home loans ticked up slightly, but look set to fall in the coming weeks

💡DID YOU KNOW? Rates for home loans ticked up slightly, but look set to fall in the coming weeks as investors gird for a slower-growth economy. The 30-year fixed-rate mortgage averaged 4.46% in the January 31 week, up just one basis point compared to the prior week, and marked the first time in 2019 that the popular product had charted an increase. The 15-year fixed-rate mortgage averaged 3.89%, also up one basis point. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.96%, up from 3.90%.

With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com

Friday, February 1, 2019

Market Absorption Rates for the month of January 2019 for towns in Morris, Union and Essex County, New Jersey

Residential Real Estate Market Absorption Rates for the month of January 2019 for towns in Morris, Union and Essex County, New Jersey

Note: The Absorption Rate in a Normal Market is 5-6 months. In a Sellers Market it is 1-5 months. In a Buyer's Market it is 6+ months.


With their Multi-Cultural Background, over 35 years of combined experience selling Real Estate and because they are Licensed in New Jersey, New York and California, Rahul, Smitha and their team can offer global reach. They have lots of experience representing a diverse group of clients, from Local New Jersey Buyers & Sellers to Relocation and International/Foreign Buyers, Sellers and Investors. Rahul and Smitha are exceptionally well-respected Realtors in the industry with high ethical standards and GLOWING REVIEWS. Their team offers a high level of expertise, innovative technology and cutting-edge real estate marketing and sales solutions.  They specialize in Morris, Somerset, Essex and Union counties.
www.SRRealEstateGroup.com | www.Morris-Homes.com | www.TheTownhouseExpert.com