Welcome to My Blog! Please feel free to email me @ karinaabadnj@gmail.com

Thursday, August 9, 2012

AARAA Hoboken Sale!


Ladies one of my favorite stores, Aara in Hoboken is having a sale! They are located on sixth street between Adams and Grand St.  They have a great selection of jewelry and accents I always leave with something I love.  The owner is very sweet, she once let me take home two bracelets to try on, because I was considering them for my wedding. I bought one and returned the other but I couldn't believe she did that for me! I'll upload a picture of it one day it's gorgeous. Happy shopping! 
Shop AARAA for the best imported designs, jewelry and accessories in Hoboken.
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End of the Summer Sale
 
It is that simple. From 15-50% Off on Jewelry, Accessories and all Home Products.  

Come in and delight your senses and keep a few dollars in your pocket.

Circles-Cuff

Home Furnishings

Pillows, drapes and silk room decorations are all on sale.  Come find a great piece for your home.
Amythist-Pearls

Accessories

Leather-sole sandals, slippers and handbags are also on sale.  Better quality doesn't exist in Hoboken.
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408 6th Street
Hoboken, NJ 07030

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Kind Regards,

Karina Abad
RE/MAX Gold Coast Realty
Sales Associate
O: 201.795.0100
M: 201.355.6171

NJAR Circle OF Excellence 2006-2011
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Wednesday, August 8, 2012

Hoboken Real Estate Condo Market Update

610 Clinton St 3 Bed Loft
My Hoboken Real Estate and Condo Market Update for July is here!
I'm excited because it's summer :)

SALES
For the month of July Hoboken saw 74 units close. From the lowest price, and smallest, 269 sq ft studio with an asking price of $192,500 sold for $187,000; to the highest sale price at 1125 Maxwell Place for a 1749 sq ft 3 bedroom plus den 3 bath condo with balcony and parking, an asking price of 1.385Million and sold to the highest bidder at 1.550Million

The Median List Price for all units sold in July was $525,000 the Median Sold Price was $516,500. The Median Days On Market was 36 days.

PENDING
July also showed a total of 66 units change their status from active to Pending. With the lowest priced unit a starter 500 sq foot one bedroom  at 509 Monroe with an asking price of $239,000 to the highest price home at 610 Clinton St, 1925 sq ft 3 bedroom 2 bath with private elevator, garage and roof deck, with a price tag of $1.099Million

The Median List price for all units pending in July was $449,250 and the Median Days On Market was 39 days.

As you can see Hoboken real estate is moving at a relatively quick pace. With the days on market time less than 45 days.

Currently inventory as of today, is just showing 198 condo's for sale. This is proving to be difficult for buyers looking for homes as there is little to choose from, but it is an advantage for seller's and this could be a great time to sell. We are still averaging about 70 units a month close, which means our market has just about 3 month's worth of inventory, indicating that we are tilting towards a buyer's market.

If you're looking for a Hoboken condo be sure to visit my website to search what's available. Check back next month for another Hoboken Real Estate Condo Market update!


Monday, August 6, 2012

How To Increase The Value Of A Home

 How To Increase The Value Of Your Home

Home Price Appreciation

Outside of a homeowner's control, the biggest factor is market conditions. Other important issues are:
  • condition of the property
  • specific home improvements
  • neighborhood stability and safety
The greatest rise in home prices occurs when the economy is strong and the number of home sales is increasing. Specific home improvements can increase the value above the cost of the improvements.
  • remodeled bathroom returns, 81 percent to the owner
  • bathroom addition, 89 percent
  • master bedroom suite, 82 percent
Remember, quality pays. Well-planned and well-executed remodeling jobs are a good investment while bad work seldom enhances value or livability.
The safety and security of a neighborhood can affect property values, too. If you live in a high-crime area, an organized community watch program not only will lower the crime rate but give home values a boost, too.

How can I increase the value of my property?

Specific home improvements can increase your property value above the cost of the improvements themselves, such as remodeling a kitchen, adding a bathroom, finishing a basement or upgrading landscaping. Just be sure that quality pays with remodeling. A bad remodeling job will do little to boost your property value.
If you live in a high-crime area, an organized community watch program not only will lower the crime rate but can enhance property values, too. It also helps to live in an area where other homeowners are upgrading their homes, which can help pull up your property value, too.
The bottom line is to measure the cost of any improvements you want to make against the overall values in your neighborhood. If you over improve for the neighborhood, you may not necessarily recover your costs or boost your property value significantly.

Will buying a bigger home increase my profit?

To see more important questions and answers please visit my website and check out "Owning A Home" here

Friday, August 3, 2012

3 Tips For Snagging A Hoboken Rental

These days snagging a Hoboken rental may seem like the ultimate challenge. And you thought getting a drivers license was hard.

While the inventory is still low and demand high, finding an apartment can be difficult. 5th floor walk ups, tiny bathrooms where if you don't watch your step getting out of the shower you'll step into the toilet, and nearest laundry mat is 4 blocks away?!

Ok, no, not all Hoboken apartments are tough sells, I've listed and rented many a diamond but you have to be in the know and working with an agent if you're going to score one.

So, once you find a great apartment, here are 3 tips that will help ensure you are the winning bidder.

1. High Credit Score
Ideally your credit score will be in the mid to high 7's and extra points if your credit score begins with an 8. Landlords are looking for tenants that have a great credit history since the market is competitive they can be choosy.

2. Guarantors
Know that your credit isn't squeaky clean? Or maybe you just don't have any yet, if either are the case, definitely ask your parents if they would be willing to be your guarantor on the lease. This will make the landlord feel more at ease and would likely favor them renting to you. One note, your guarantors will also need to have good credit and available income to cover your rent in the event you can't pay.

3. No Pets
Sounds crazy because Hoboken is super pet friendly, but more and more landlords are saying no to pets. And even though you are happy to offer an additional pet deposit, landlords can't accept it because it is considered to be more than 1.5 months of security deposit.
If you come across a landlord that doesn't want pets, I would recommend you offer one of two things.

A non refundable pet fee of $500 or, $25-$50 additional monthly rent. Sounds like a lot but if the alternative is you can't live without FIDO and are having difficulty finding an apartment then hopefully that should do the trick!

These 3 tips should help you snag a Hoboken Rental. If you'd like to search for apartments now, check out www.searchhobokenrentals.com or visit more complete listings by visiting my remax website.