Keller Williams Realty Expands it’s Global Reach in 3 Major Euro Markets +1 = 4

December 25th, 2017

What an Article..  take a look for yourself!

Low inventory will be huge challenge to home sales in 2018

December 25th, 2017

Economists say tight supply remains a thorn for brokers, developers and homeowners as new year approaches!

On Tuesday, the real estate industry breathed an unexpected, if temporary, sigh of relief with news that single-family housing starts spiked to 930,000 units in November, up 5.3 percent over October for a 10-year high unattained since the subprime mortgage crisis of 2007.

The gains piggybacked on increases in October, when overall housing starts rose to a strong annual rate of 1.256 million units in the aftermath of powerful hurricanes over the summer that slowed housing construction in Texas and Florida for three months before resuming in the fall.

But with inventory still treacherously low across the United States, economists and real estate analysts told Inman that bouncing back to a 50-year average rate of 1.5 million new units remains a challenge worth fighting for in 2018. Indeed, real estate experts agreed that inventory challenges will likely persist into the new year.

Currently, overall inventory for existing single-family homes and multifamily homes stands at 1.67 million, according to November data provided by the National Association of Realtors.

“We have gone 29 months seeing overall inventory decline on a yearly basis, and that’s had a long-lasting effect on the market,” said Javier Vivas, director of economic research at “That should keep the total number of homes for sale constricted for the good part of next year. However, based on movement we detected this year, we also expect those inventory declines to decelerate slowly throughout next year, and overall inventory could stop shrinking as early as fall 2018. Growth in new construction will be key for that recovery.”

Svenja Gudell, chief economist at Zillow, said that, today, there are 12 percent fewer homes for buyers to choose from then there were just three years ago, and that, as of October, more than half of U.S. homes for sale were in the top one-third of home values. In other words, pricey.

“Inventory will remain a major concern in 2018, continuing to play a significant role in pushing up prices,” said Gudell, who predicted it will remain a seller’s market in the new year. “It will create particularly strong headwinds for first-time homebuyers, who don’t have the benefit of profits from a prior home sale to boost their down payment and make them more competitive.”

According to a Redfin housing market forecast, meanwhile, inventory will remain a major factor in 2018, continuing a trend that began three years earlier. The forecast anticipates small increases in inventory at the high-end of the market by year-end, but starter-home inventory, which has not increased meaningfully since 2011, will continue to stagnate in the new year.

“We’re just not building right — we’re doing it wrong,” said Nela Richardson, chief economist at Redfin. “Not enough, for sure, but it’s also kind of been misplaced and mispriced. We built up high-end homes in big cities and that works for highly paid millennials — and every city has them — but what we need now are starter homes for starter families, and we’re not seeing that kind of building. We’re not seeing building near transit and we’re not seeing building at the price points that people need and can afford — so that will still be a challenge going forward.”

Until that happens, the lack of inventory will continue to be a thorn for brokers, developers and homeowners, insisted Matthew Gardner, chief economist at Windermere Real Estate, who nonetheless believes that the number of homesellers overall will increase modestly in 2018.

“We continue to be stuck in a ‘chicken-and-egg” situation, whereby would-be sellers know that they will likely have no problem selling their existing home, but they will not list until they have found somewhere to buy, and if they can’t find somewhere to buy, they won’t list,” said Gardner, adding that affordability, closely intertwined with inventory, may emerge as the biggest issue of 2018. “I do expect to see an uptick in new home starts, but unfortunately it will not be enough to meet pent-up demand.”



August 14th, 2017
The Greater Princeton Area is busy with Activity…  Are you enjoying where you live? Here are awesome places to go and things to do this week.  Enjoy this list and let me know if you want to get next weeks list..
Gotta Know the Weather…
(08/14/2017 – Live Music), The Ashes and The Worst of Us, Championship Sports Bar, 931 Chambers Street, Trenton, 609-394-7437
7 p.m., $10.
(08/14/2017 – Live Music), The Blawenburg Band, Hopewell Train Station, 2 Railroad Place, Hopewell
(08/14/2017 – Film), The War Show, Princeton Public Library, 65 Witherspoon Street, Princeton, 609-924-9529
7 p.m., Radio host Obaidah Zytoon captures the fate of Syria through the intimate lens of a small circle of friends and journalists.,
(08/14/2017 – Literati), Young Adult Sci-Fi and Fantasy Book Club, Ewing Library, 61 Scotch Road, Ewing, 609-882-3130
7 p.m., “Red Queen” by Victoria Aveyard.,
(08/14/2017 – Farm Markets), Monday Farmers Market, Greenwood Ave Farmers Market, 427 Greenwood Avenue, Trenton
1 p.m. to 6 p.m., Features Jersey fresh and tropical produce, meat and eggs, nutritional education, health screenings, and live music.,
(08/14/2017 – Kids Stuff), Story Time, The Farmhouse Store, Palmer Square, Princeton, 609-688-0777
10:30 a.m., Babies and toddlers welcome.
(08/14/2017 – Lectures), Then, Now and Forever: Life Story Workshop, Monrow Library, 4 Municipal Plaza, Monroe
6 p.m., Learn how to delve into memories with ease through guided activities, interactive exercises, and constructive feedback. Registration required.,
(08/14/2017 – Lectures), English as a Second Language, Plainsboro Library, 9 Van Doren Street, Plainsboro, 609-275-2897
7 p.m., Free weekly conversation class.,
(08/14/2017 – Socials), Meetings, PFLAG Princeton, Trinity Church, 33 Mercer Street, Princeton, 609-683-5155
7 p.m., Programs to promote the health and well-being of gay, lesbian, bisexual, and transgender persons, as well as their families and friends. The transgender sub-group meets the specific needs of families and friends of transgender and gender variant people. The mission provides emotional support, education, and resources in a safe, confidential, and non-judgmental atmosphere. The groups meet separately.,
(08/14/2017 – Socials), Postcard Collecting, Washington Crossing Postcard Collectors Club, Union Fire Hall, 1396 River Road, Titusville, 609-737-3555
8 p.m., “Advertising Postcards” presented by Steve Cohen. Auction to follow.,
(08/14/2017 – Business Meetings), Intelligent Office Princeton, 300 Carnegie Center Drive, Suite 150, West Windsor, 609-786-2400
5:30 p.m. to 7:30 p.m., “Creating and Retaining Your Ideal Team,” With Sal Levatino.
(08/15/2017 – Live Music), Tuesday Jazz Jam Session, Candlelight Lounge, 24 Passaic Street, Trenton
6 p.m. to 10 p.m., Featuring various house musicians. $5 cover. Musicians, singers, and fans welcome.,
(08/15/2017 – Live Music), Bungler and Lifelink, Championship Sports Bar, 931 Chambers Street, Trenton, 609-394-7437
7 p.m., $10.
(08/15/2017 – Live Music), Tuesday Blues and Funk Jam, Puck Live, 1 Printers Alley, Doylestown, PA
8 p.m. to 11 p.m., Hosted by The SlideWinder Blues Band.,
(08/15/2017 – Live Music), Emerging Artists, New Brunswick Jazz Project, Garden State Ale House, 378 George Street, New Brunswick
8 p.m. to 11 p.m., And open jam session. No cover charge.,
(08/15/2017 – Dancing), International Folk Dance, Princeton Folk Dance, YWCA Princeton, 59 Paul Robeson Place, Princeton, 732-230-3755
7:30 p.m. to 9:30 p.m., Lesson followed by dance. Beginners welcome. No partner needed. $5.,
(08/15/2017 – Literati), Science Fiction Book Club, Lawrence Library, 2751 Brunswick Pike, Lawrenceville, 609-989-6920
7 p.m., “Stone” by Adam Roberts.,
(08/15/2017 – Literati), Writers Room, Princeton Public Library, 65 Witherspoon Street, Princeton, 609-924-9529
7 p.m., Writers receive constructive feedback.,
(08/15/2017 – Food & Dining), Pairing Wine and Sushi, Crossing Vineyards and Winery, 1853 Wrightstown Road, Washington Crossing, PA, 215-493-6500, Ext. 19
7 p.m., A tasting of several wines paired with sushi. $65. Registration required.,
(08/15/2017 – Health), What is WALANT Surgery?, RWJ Fitness & Wellness Center, 3100 Quakerbridge Road, Hamilton, 609-584-5900
6 p.m., Learn about “Wide Awake Local Anesthesia, No Tourniquet” surgery.
(08/15/2017 – Mental Health), Gam-Anon, University Office Plaza, Suite 7, 3635 Quakerbridge Road, Hamilton
8 p.m., Free, confidential, support group for those living with or know a problem gambler.,
(08/15/2017 – For Families), Summer Family Nights, Lawrence Nature Center, 481 Drexel Avenue, Lawrence
7 p.m., John Emmons teaches children how to make bird nests from material found in the LNC meadow.,
(08/15/2017 – Lectures), Database Drop-In Day, Plainsboro Library, 9 Van Doren Street, Plainsboro, 609-275-2897
10 a.m. to 8 p.m., Work one-on-one with a librarian.,
(08/15/2017 – Lectures), Free Tour, Princeton Airport, 41 Airpark Road, Princeton, 609-921-3100
10:30 a.m., Tours address the past 107 years of the airport’s history, explore the present day-to-day operations and facilities, and look ahead to the future.,
(08/15/2017 – Shopping News), Fiction Lobby Sale, West Windsor Library, 333 North Post Road, West Windsor, 609-275-8901
9:30 a.m. to 9 p.m., Books for sale through Friday, August 18.,
(08/15/2017 – Singles), Pizza Night, Yardley Singles, Vince’s, 25 South Main Street, Yardley, PA, 215-736-1288
6 p.m., Register.,
(08/15/2017 – Socials), World Tavern Trivia, Wildflowers Too, 255 Route 156, Yardville, 609-585-5483
7 p.m., Hosted by Eric Potts.,
(08/15/2017 – Socials), Stamp Collecting, Hamilton Philatelic Society, Hamilton Library, Justice Samuel Alito Way, Hamilton
(08/15/2017 – Sports), Trenton Thunder, Arm & Hammer Park, Route 29, Trenton, 609-394-3300
7 p.m., Akron. $11 to $27.,
(08/15/2017 – Business Meetings), Keller Center at Princeton University, Princeton University Friend Center, Room 101, 609-258-3979
2:30 p.m. to 6 p.m., eLab Summer Accelerator demo day. Presentations on 10-week student projects.,
(08/15/2017 – Business Meetings), BNI Business Synergy, Golden Dawn Diner, 2090 Whitehorse-Mercerville Road, Hamilton, 609-581-2211
7 a.m. to 8:30 a.m., Networking.,

Mobile Access is Key… Mobile Blogging means more current content

July 25th, 2017

Writing content on the go. My new website now accepts my blogging from my phone. This means up to the minute updates while I’m away so my website users get information first! How valuable is this for you?

Getting Older and Stiffer? Try this!

July 21st, 2017

“You’re Getting Old and Stiff”, this from my 23 year old son a few weeks ago in a conversation. It ticked me off, and I couldn’t stop thinking about it so I had one thing to do, a little research and put together an action plan to do something about it.

He was right but that’s besides the point. I had to accept that at nearly 50 years old, my body is just not responding or recovering like it once did, say in my 20’s or even my 30’s. I’m also sitting on 3 injuries which aggravate when I work out so that doesn’t help either.  It made me think, what is the solution? I’ve done a ton of research recently so here it is:

  1. 21 Day Body Cleanse
  2. Follow a supplement and vitamin regimen
  3. 90% Raw/Vegan/Vegetable Diet for 90 Days, (90% Veg Diet After)
  4. 5 Miles a Day. What does that look like? Walk/jog 2.5M in the AM and 2.5M walk/jog in the PM until I can do it all in one session. Two week entervals adding 1/2 Miles in the morning session and reducing in the afternoon/pm session.
  5. 3 Days of Yoga Alternate with 3 Days of Stretching in addition to the morning warm up for 30 Minutes before the Miles.

When I am done for the 90 Days I will have lost roughly 30-40 lbs and will start a Speed and Agility program. Check out

I have to say that I’m looking forward to the Transformation but more importantly I’m looking forward to the strength and agility so I can move around easier again. Follow along with me and see how I improve and what my gains are. Join me on facebook and share your results!

Follow along at

New Staging Partner rcShelter, LLC

July 9th, 2017
Don't leaving your first impression to chance. Call rcShelter and get the offer the first time!

Click Image to Learn More about rcShelter and Renee!

Jerel Washington Fine Homes and Estates is proud to announce our NEW partnership with Renee Cologne from RC Shelter. From California to Connecticut and Washington to Florida, Realtors across the country know one simple rule of thumb when it comes to selling a home… Photography gets the buyer in the door, home staging creates the story told in the photos.  Home Staging is and integral part of the selling process in competitive markets.  Not only does it help increase the desirability of a home in the eyes of the Buyer by 8-15 times causing purchase decision. It will most likely net the Seller the most amount of money!

Simply put… Staged Homes SELL FOR MORE MONEY AND IN LESS TIME! Isn’t that what all home sellers want?  We are excited for this new partnership…

Jerel Washington & Renee Cologne, RC Shelter

Visit Renee online at the following locations:


Looking for the Right Rental? Starting at $1,500 Per Month

June 17th, 2017

Find your perfect Rental for as little as $1,500 per month. That’s right. We have a list of Excellent Condition, Move in Ready Rentals from $1,500 per month and up.  Take the guess work out of looking for rentals, Take the Stress out of looking for rental and let my team find you the right property!  As of 06/16/2016

1 – Cranbury
4 – East Windsor
17 – Ewing
1 – Freehold
26 – Hamilton
3 – Hightstown
15 – Hopewell
20 – Lawrence / Lawrenceville
1 – Millstone
1 – Monroe
1 – New Brunswick
3 – North Brunswick
1 – Pennington
6 – Plainsboro
40 – Princeton
14 – Robbinsville
10 – South Brunswick
4 – Trenton
33 – West Windsor

List Subject to Change Daily.

INVESTORS: Buy Real Estate for as Little as $10,000

June 17th, 2017

Are you a Seasoned Investor? No? How about a Novice Investor?…  No?

If you’re a beginner or just someone who has interest in investing in Real Estate the key is working with a Mentor or a Guide who has all the resources, the experience and knowledge to get you through the process and access to the best sources to find you the deals you need to make a profit.

Look no further than Jerel Washington Fine Homes and Estates in partnership with Keller Williams Realty W. Monmouth.  Contact me today 609.933.9044!

Investment Properties range in value from Less than $10k to more than $500k. Depending on your experience, budget and timing we will find you properties the profit is all yours.  Let’s Talk and put together a Plan of Action!

How Much Value does this designer bathroom add? Call me and let's figure it out together! You'll be amazed!

Designer Bathroom: Upgrades Add Value and or Sale-ability

A Success Story: Keller Williams Realty

August 31st, 2016

A Success Story: Keller Williams Realty

I am often asked to join competing real estate offices in my market.  I find this flattering and I tend to take meetings with some of the area’s top brokers and offices to understand their business model, what they are offering and how they or their company might support the vision of the business I intend to build.  Seldom do they see the vision is possible yet I cite example after example of agents who have built amazing business across the country and how they’ve done it.

Most respond by saying “If that was really possible I’d have stayed in sales,” or “Why would someone stay with a company and they could leave and build their own?”

My response is simple.

I say “It’s okay if you don’t believe what I’m telling you, why not see for yourself. You can believe your own eyes and your own ears.  Listen to their story, review for yourself the business models and how other Realtors/Business Owners are implementing them to do what you’re doing for someone else.”

If you’re interested in a career in real estate, changing companies or just want to know more about Keller Williams Realty and the philosophy behind who we are, take a minute to watch this short video. I’d love to speak with you.  Here is the Story of Keller Williams Realty. By all accounts this is a success story and it continues to be one I am proud of.  Watch and enjoy then call me at 609.933.9044 and let’s have coffee!

Bedens Brook Estate – Featured in the NY-Times

August 27th, 2016