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Barbara Lewis
(Barbara Lewis)
BarbaraLewisHomes@yahoo.com
Licensed: Sales Associate
Cell: 908-477-1010

Summit
474 Morris Avenue
Summit, NJ 07901
(908) 277-1200
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Barbara Lewis
(Barbara Lewis)
BarbaraLewisHomes@
yahoo.com

Licensed: Sales Associate
Cell: 908-477-1010

Summit
474 Morris Avenue
Summit, NJ 07901
(908) 277-1200
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Buyer FAQs
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Home Purchase Guide
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Home-Buying Mistakes
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Seller FAQs
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Selling for Top Dollar!
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Selling First Impressions
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Real Estate Glossary
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About Weichert
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CENSUS BUREAU 
QUARTERLY RESIDENTIAL VACANCIES AND HOMEOWNERSHIP, FIRST QUARTER 2017
 
 
The Census Bureau recently released the Quarterly Residential Vacancies and Home ownership Report, showing that home ownership rates continue to be low.  As rental housing demand strengthens, rents and property values increase.  The above chart shows that home ownership rates are the lowest they have been in 10 years and have remained low for over a year.  It's an excellent time to capitalize on the demand for rental housing!
 
Rental demand in the Northern New Jersey market is strong, and can be an excellent way to diversify your investments. The National Association of Realtors(NAR) tracks activity and NAR's 2017 Investment and Vacation Home Buyers Survey has just been released.   
 
Some interesting highlights include:

  • In 2016, the share of buyers who purchased a primary residence rose for the third year to 70 percent from 65 percent. 
  • The share of vacation home buyers declined for the third straight year to 12 percent from 16 percent.
  • The share of investment buyers remained unchanged at 19 percent for the third straight year.
If you would like the full report just let me know and I'd be happy to provide the full research for you.  If you are considering an investment property purchase or sale let me know if I can assist you in determining the market value of the property.

 
 

 

 

 

ECO-SMART HOME PRODUCTS 

Advances in technology have paved the way for cool, inexpensive consumer products for your home. Mark Stephenson of Vermont Energy Contract and Supply says, "Many of these smart products have come down in price to be affordable for the average homeowner and offer conveniences that we have grown to expect with our expanded use of wireless and Bluetooth in our daily lives.  However, when it comes to mechanical systems like heating, electricity, and efficiency savings by using devices like Nest Thermostats, it's important to consult with a professional electrician or technician to make sure these products will truly improve the performance of your home."  Following are examples of great product ideas to help make your home smart, efficient, and secure.
 
  Smart Detectors 
Smart Home Smoke and Carbon Detector
Not an exciting gift idea, but definitely a practical one and great for a new homeowner, the Protect smoke and carbon monoxide detector by Nest has received rave reviews. The smart alarm provides voice alerts when there is cause for alarm and will tell you the exact location of the smoke/CO in your home. With the Nest app, you'll receive custom alerts on your phone, including low-battery and sensor failure notifications. You'll also have the ability to silence it from your phone, a nice feature for those false alarms when cooking in the kitchen. Guaranteed for a decade. Easy to install. iOS and Android. Available in two colors.
 
  
Smart Locks
August Smart Lock Technology
No more duplicating house keys or leaving one under the welcome mat. With the August Smart Lock now you can grant home access to expected guests or service providers from your phone or smartwatch. Using the app, you can create custom virtual keys for each visitor and grant entry for any length of time, whether it be for weeks or minutes. You'll receive phone notifications identifying each visitor as they come and go. This smart electronic lock will unlock when you approach and automatically locks behind you. Together with the aforementioned August Doorbell Cam, you can even unlock (and re-lock) the door from your app if an unscheduled visitor needs access. iOS and Android, Apple Watch. Available in four colors.
 
  
Smart Home Security Cameras
Nest Smart Cameras
Many homeowners are outfitting their homes with camera systems to feel more secure when they are away. This security system, called Nest Cam and distributed by Nest, has tiny cameras that send you phone notifications when motion or noise is detected in your home. As long as your cameras are on, the video is being securely streamed to your cloud account and you can view anytime from your phone, tablet or computer. The camera's two-way speaker also allows you to hear what's going on and speak to anyone in the room if needed.
 
  

Bluetooth Light bulb speaker
Sengled Pulse Solo Bluetooth Light Bulb SpeakersThere are a ton of bluetooth speakers on the market today, but do any double as a lightbulb and a dimmable one at that? Another first of its kind product from Sengled, the Pulse-Solo system combines energy-efficient LED lightbulbs and bluetooth audio. Now your music can be pumped from your lights and we think it sounds pretty good. That's because the high quality speakers are JBL-Harmon made and you have the option of connecting up to eight lights to the system. An add-on adapter also gives you the ability to easily integrate any subwoofer speaker unit you already own. With the Pulse app, you control volume and lights. Available in three colors.
 
 

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Barbara Lewis 
Contact Info:
Mobile: 908-477-1010
Email: BarbaraLewisHomes@yahoo.com
 
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Featured Property
| Properties I'm Selling (13) |
Beds:
4
Baths:
3 Full
Sq.Ft.:
n/a
Status:
Active
MLS#:
3379963
Type:
Single Family
Lot size:
0.1 Acres
Year built:
1941
Courtesy: Weichert Realtors
Last Updated: 6/25/2017 8:36 AM

Fabulous location for a extremely spacious home! As you enter enjoy hardwood floors and living room with fireplace. Open flow allows you to enter the dining room and kitchen. Stunning mother/daughter contemporary cape. The master suite will impress! Huge master bedroom with fireplace, master bath with jacuzzi, skylights and walking in closet with spacious layout and ample closet space this is your place to relax! Quality construction and design enable you to move right in! Additional features include the finished lower level with kitchenette,private entrance, full bathroom, paver patio and custom pergola.



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