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President TRUMP: outcomes for residential real estate?

(Published on - 12/24/2016 7:31:43 PM)

THE MORNING AFTER

Prediction: Housing will see only a small, positive impact with the new
administration.

 

It’s official. Donald Trump will be the new President of the United States. He will have a Republican House and Senate with whom to work. What are some potential outcomes for
residential real estate? Likely, there will not be much of an impact on interest rates, housing tax policy or the lack of inventory. The impact may be at the margins but nothing major.
My belief is that, while there have been job gains since the recession ended in 2009, they

have been lackluster. And, the percentage of working-age Americans with jobs is still its lowest in nearly 40 years. The recorded numbers of people who are eligible for food stamps and poverty has worsened. Some of this is demographic, but much of it is due to lack of business investment.
While consumer spending has risen modestly over the past four to eight years, business investment has declined. American-based corporations are sitting on record levels of cash. Most of it is still held overseas because of the rather stupid corporate tax code in America. The Federal- and state-level regulatory apparatus have spun out of control. Even a small business like REAL Trends has been impacted by the too numerous employment and other regulatory issues. One example is the Affordable Care Act, where our health care costs have soared. I have had three health care companies cancel my health insurance three years in a row because they either left the market or went bankrupt. It needs to be fixed quickly.

 

"It is the Federal regulatory morass and the corrupt Federal tax code that is harming investment and job formation. The best example of this is the out-of-control Consumer Finance Protection Bureau which has no oversight and is making up the rules as they go along."

 

It is the Federal regulatory morass and the corrupt Federal tax code that is harming investment and job formation the most. The best example of this is the out-of-control Consumer Finance Protection Bureau which has no oversight and is making up the rules as they go along. My thought is that if our new President and the Congress fix the tax code and lessen the regulatory burden, we could see a resurgence in investment, jobs and a renewed sense of optimism in the country. And, that would certainly be a plus for the housing business.


How To Not Gain Weight During The Holidays, A Holiday Party Guide

(Published on - 12/24/2016 12:21:56 AM)

The Strategy: Bring Your Own Food

 

Contribute a healthy dish to a gathering to ensure there’s something you can indulge in.

Tricks to Try

Eat the best-for-you offerings first. For example, hot soup as a first course?especially when it's broth-based, not cream-based?can help you avoid eating too much during the main course.

Stand more than an arm's length away from munchies, like a bowl of nuts or chips, while you chat so you're not tempted to raise your hand to your mouth every few seconds.

Concentrate on your meal while you're eating it. Focus on chewing your food well and enjoying the smell, taste, and texture of each item. Research shows that mealtime multitasking (whether at home or at a party) can make you pop mindless calories into your mouth. Of course, dinner-party conversation is only natural, but try to set your food down until you're finished chatting so you are more aware of what you're taking in.

 

 WORK OUT DURING THE HOLIDAYS!

The Strategy: Don’t Go Hungry to the Mall

 

To cut down on the lure of the food court, never go to the mall on an empty stomach.

Tricks to Try

Plan your shopping route so you don’t pass the Cinnabon stand a dozen times. The obvious reason? Both sights and smells can coax you to eat, and with some vendors purposefully wafting their aromas your way, saying no can feel impossible.

 

Choose a proper restaurant over the grab-and-go food court whenever you can. And request a table away from loud sounds and distractions, which can cause you to eat more. The bright lights and noisy hard surfaces can speed up the rate at which you eat and lead to overeating.

Avoid fast-food places that emphasize red in their color schemes. Red has been shown to stimulate the appetite more than many other colors, and many restaurants add it to their decor, in everything from the flowers on the table to the squiggles on the plates.

 

The Strategy: Keep Track of What You Eat

 

Maintain a food diary to help you stay committed to your goals during this risky eating period.

Tricks to Try

Weigh yourself daily and use that number to guide your actions. (Food diaries are helpful, but only if you’re totally honest and diligent about recording every morsel you eat.) Research has shown that women who step on the scale every day and then act accordingly, either increasing their exercise or being stricter about their eating, are 82 percent less likely to regain lost weight than those who don’t weigh in as often.

 

Zip yourself into your favorite pair of slim-fitting pants once a week and note how they fit. Too tight? Adjust your eating and exercise habits. Just right? Keep up the good work.

 

The Strategy: Eat Before Going to a Party

 

Before going out, have a healthy snack to curb your appetite.

Tricks to Try

Eat breakfast. This has been shown to prevent overeating later in the day.


Digital Marketing For Small Businesses & Realtors

(Published on - 12/20/2016 2:43:28 PM)

Digital Marketing For Small Business & Realtors

Digtal marketing, Social Media Marketing whatever you want to call it these days, Facebook, GOOGLE+, Instagram etc. It is the new way to do business and thrive especially when it comes to marketing Real Estate in NJ or anywhere for that matter.

 

The Digital Marketing Pro Show is a Podcast that I launched several months ago, it started as the Nutley Real Estate Show and has kind of morphed in the The Digital Marketing Pro Show, it's a podcast for anyone who is in business or runs a business, we are coming off the heels of a show we did last night at the Power House Gym in South Hackensack and we interviewed every vendor that attended and most of them said that Instagram & Facebook was a huge traffic driver for them and it just goes to show you that small businesses can benefit from Digital Marketing and you don't have to have a huge budget to do so either.

 

I did record a bunch of shows during the event that we will be rolling out in the next couple of weeks but in the mean time you can listen to some of out previous shows below.

 

The Digital Marketing Pro Show with Matthew De Fede

 

The Digital Marketing Pro ShowIf you have any questions about The Digital Marketing Pro Show and would like to be a guest please call me at 862-228-0554


What Does Rising Interest Rates Mean For The Nutley Real Estate Market

(Published on - 12/15/2016 2:44:13 PM)

Now that the fed decided to raise interest raise, how will it affect the Nutley Real Estate Market?

 

When we hear raising interest rates it kind of gives new home buyers the need jerk reaction of holding off on their new home purchase in Nutley and in return signals to home sellers to start to panic and think they have to start worrying about their own mortgage and so on.

 

Well the rate hike we just saw was not a large hike, I remember back in 1998 when I bought my frist home the interest on my home loan was 17%!!!! compared to today's 4% rate that seemed like a very high rate, but homes were also lower in value as well.

 

I think what we are going to see is the value in which homes are rising may slow for a little bit now at lease temporarily until the Spring Market in Nutley Hits, home buyers in Nutley should take this little rate hike as a warning though do not to wait until the Spring to buy because we may see another rate hike before then and also the Spring time is when home sellers put their home on the market to sometimes just test the market which I don't agree with but it happens.

 

In my opinion, winter is the best time to buy a home in Nutley and the best time to sell in Nutley, serious home buyers come out to buy and serious home sellers put their home on the market also, you know what they say when they zig you zag don't follow the crowd.


You Will Never Sell That House in Nutley

(Published on - 12/12/2016 3:47:49 PM)

You Will Never Sell That House In Nutley.

 

Sold in Nutley

That was the first reaction from people in the town of Nutley when I listed that home at 16 Cathedral Ave. I had plenty of people come up to me and say on more than one occasion I was told " You will never sell that home" not only other homeowners in the area told me that but also other Real Estate agents in the Nutley area told me that, my reply was always "OK Watch Me" 

 

When I ask the people who said that to me they said, The house is on a bad corner, the seller is not motivated, the price is way to high, it's across from a construction zone, the taxes are too high, the house needs too much work and so on and so on.

 

Well, all I can say is its SOLD! yes, I did it and I will tell you what I did differently than the last 3 brokers that tried to sell this home the old traditional way, out it on the MLS and pray!

 

No, our approach is way different than that we have an actual strategy to reach out to the right home buyers with a combination of online media, social media marketing and more we were able to get a buyer for this home, the digital economy is the future of Real Estate marketing it is here and it is only growing


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