In This Issue
For Sale
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Cape Cod in Mendham Township
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Cape Cod in Parsippany-Troy Hills
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Private Country Estate on 12 acres in Chester Township
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Gracious Colonial in Mendham Township
End Unit Townhouse in Morris Township
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Split Level in Morris Township
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Did You Know?
Memorial Day is Monday, May 25th.  For most people in New Jersey, Memorial Day weekend signals the unofficial start of Summer and means barbecues and trips down the shore.  But, what about the holiday itself? Do you know what Memorial Day was originally called?

Memorial Day began shortly after the Civil War and was made official in 1868 by Gen. John A. Logan of the Grand Army of the Republic, a Union veterans organization.  However, at that time, Memorial Day was known as Decoration Day due to the placing of flowers on the graves of fallen soldiers.
For Rent
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Pond Views in Morris Twp.
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Victorian in Morristown
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Bright & Sunny in Morristown
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Colonial in Morristown
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Historic District in Morristown
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Multiple Units Available in Morristown
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Have A Great Space For Rent?
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Monthly Recipe

Mother's Day is Sunday, May 10th.  Why not celebrate by cooking brunch for Mom? 

Try this decadent, yet easy, recipe for Orange Pecan French Toast from All Recipes.  It can even be made the night before and refrigerated.  Trust us, Mom will be impressed!

Orange Pecan French Toast
Orange Pecan French Toast

Ingredients
1 cup packed brown sugar
1/3 cup butter, melted
2 tablespoons light corn syrup
1/3 cup chopped pecans
12 slices French bread (3/4 inch thick)
1 teaspoon grated orange zest
1 cup fresh orange juice
1/2 cup milk (2% is preferred)
3 tablespoons white sugar
1 teaspoon cinnamon
1 teaspoon vanilla extract
3 egg whites
2 eggs
1 tablespoon confectioner's sugar for dusting

Directions

1.  In a small bowl, stir together the brown sugar, melted butter, and corn syrup.  Pour into a greased 9x13 inch baking dish and spread evenly.  Sprinkle pecans over the sugar mixture.  Arrange the bread slices in the bottom of the dish so they are in a snug single layer.
2.  In a medium bowl, whisk together the orange zest, orange juice, milk, sugar, cinnamon, vanilla, egg whites, and eggs.  Pour this mixture over the bread, pressing on the bread slices gently to help absorb the liquid.  Cover and refrigerate for at least one hour, or overnight.
3.  Preheat the oven to 350 degrees F. Remove the cover from the baking dish, and let stand for 20 minutes at room temperature.
4.  Bake for 35 minutes in the preheated oven, until golden brown. Dust with confectioner's sugar before serving.
May 2015
The Buzz
Mad For Mid-Century Modern

After seven seasons, the AMC television show "Mad Men" will be airing its series finale this month.  

 

Not only is it one of the most popular shows in recent memory (it has a rating of 8.7 out of 10 stars on The International Move Database website, imdb.com), it is also one of the most critically acclaimed, receiving an astonishing 271 award nominations and 93 award wins (15 of those Emmys) during its run.  Aside from helping to define good television, "Mad Men" has seeped into our collective social conscious in more subtle ways; from men's fashion to the cocktails we drink, the show's influence can be felt on a daily basis.  The talent of the actors, writers, directors, and producers works hand-in-hand with the painstakingly accurate portrayal of the 1960s time period in which the show is set to create a feeling of nostalgia that manages to epitomize the terms "chic" and "effortlessly cool".

 

So, what does that have to do with real estate?  Quite a bit, actually.

 

As mentioned before, "Mad Men" takes pride in its spot-on portrayal of the 1960s, incorporating iconic design and architecture that makes those of use who grew up in that time want to go back, and those of us who are too young disappointed to have missed it.  Luckily for everybody, mid-century modern, the style of design and architecture highlighted on the show, is quite on trend right now.

 

What is mid-century modern, anyway?

 

Mid-century modern design encompasses a style for both furnishings and houses that was developed from roughly 1933 through 1965 (though some argue that it should be narrowed to 1947 through 1957).  The term itself can be traced back to the 1983 book by Cara Greenberg titled Midcentury Modern: Furniture of the 1950s.  The aesthetic placed a high importance on simplicity while targeting the needs of the average American family.  Function was given equal importance as form, and there was also an European influence (from both Germany and Scandinavia).  Advocates of the style wanted to use their designs to improve the world around them as well as integrate nature into people's lives to encourage them to experience the world around them in a new way.   "Are these forms we are using integrated and honestly conditioned by the problem we are solving, or are they simply the residue of past solutions?  Is this design in front of me just fashion ... or is it at least an attempt at reflection of the organic quality of nature itself?" wrote architect Alvin Lustig in 1947.  Other notable mid-century modern architects include Philip Johnson, Frank Lloyd Wright, Richard Neutra and Ludwig Mies van der Rohe.

 

Mid-century modern houses are noted for their extensive use of glass and open design concepts used to bring nature and light into the house, making it a part of everyday life.  These houses are also characterized by their flat planes, geometric lines and lack of adornment.  The houses usually feature large sliding glass doors or large, expansive windows (sometimes even an entire wall of windows) that allow light into the house from multiple angles as well as allowing for gorgeous outdoor views, and flat roofs (though some ranch houses may have gabled roofs).

 

California, and Palm Springs in particular, are noted for the sheer number of houses of this style.  Luckily, a cross-country move isn't necessary.  Mid-century modern homes pop-up throughout the country, from Illinois to Connecticut, and even here in Morristown.

 

Why own a mid-century modern home?

 

Minimalism is certainly in fashion again.  Some point to the overload of information and technology we're bombarded with daily, stating that the clean, uncluttered lines call to us as a way to escape.  Others even point to Apple's designs for their technology as giving society a whole new appreciation for the beauty that can be found in simplicity.  But, while the cool-factor that "Mad Men" has given to the mid-century modern's less-is-more style certainly helps to make it trendy, trend isn't always the most important factor in buying a home that you might have for decades.  Fortunately, mid-century modern goes way beyond trend.  While its popularity has had its ups and downs, mid-century modern has never truly gone out of style. Because it isn't about conforming to a historical look, the clean, uncomplicated lines have flowed and adapted with the times, allowing owners to put their personal stamp on a timeless style.

 

So, go ahead, mix yourself an old fashioned, pull up your Eero Saarinen Tulip chair, admire the way the light flows into the huge windows of your mid-century modern home, maybe even pop in a DVD of your favorite season of "Mad Men".  And let the clean, minimal lines relax you from your hectic day in a unique style that lets you be classic and trendy at the same time.

 

Student Debt, Reality TV, and Social Media: How Millennials Are Changing the Real Estate Market

 

Millennials.  Due in part to negative media stories, the term often brings to mind vapid teenagers and young adults more concerned with taking selfies and indiscriminately buying designer items with their parents' money.  Every older generation throughout history has seen the downfall of society in the new generation.  Remember being called hippies, Baby Boomers?  Generation X, remember when everyone called you slackers?  Of course, just as it hasn't with any of the previous generations, chances are pretty good that the world won't come crumbling down when the Millennials take over, mostly because, just like Boomers weren't only hippies and Gen Xer's weren't only slackers, Millennials aren't only self-centered. 

 

What Millennials are, is the largest generation in history (outnumbering Baby Boomers by 7%), and also currently responsible for 32% of the housing market, according to the National Association of Realtors, with that number set to continue rising through the next decade.  With such a significant presence, it is no surprise that Millennials are changing the housing market.

 

The Millennial generation encompasses those who were born from 1980 - 1995.  Those who are older Millennials grew up along with technology, remembering a time when cell phones weren't omnipresent, but incorporating them into their lives as easily as if they'd always been there.  Those who are younger never remember a time before the Internet.  Aside from that, Millennials grew up in a time of unprecedented economic prosperity, but are now entering the job market and the home search not only saddled with an equally unprecedented amount of student debt, but also at a time when the country is still trying to climb out of one of the worst recessions in history.  All of this means that Millennials have a different outlook on home ownership and the buying process than the generations that came before them.

 

With the concerns of the job market and student debt, most Millennials aren't looking for their dream house, the one they want to live in forever, right out of the gate.  This means that many will view the house they buy as not only a home, but also an investment with an expected return when they are ready to move onto the bigger, better house of their dreams.

 

Specifically, it means that Millennials prefer houses that are move-in ready.  Most Millennials are working with a tight budget and don't always have the ability to take on large renovation projects.  Generationally speaking, they are more likely to replace than repair something.  Houses with updated kitchens and bathrooms are much more attractive to the younger buyer, allowing them to focus their budget on the down payment and furnishings.

 

Along with updated spaces, Millennials prefer open floor plans to closed-off rooms.  This is especially important in the kitchen area, which young home buyers like to see flow easily into the TV area as this is where most day-to-day living and entertaining is done.

 

And, speaking of TV, who among us hasn't caught at least an occasional show on networks like HGTV?  Well, this type of real estate reality program has definitely caught the attention of Millennials and has also influenced the way they approach the house hunt.  Staging has always been vitally important for those looking to sell their homes, and this is most especially true when trying to attract younger buyers.  Millennials are able to see on these reality shows the house buying process from beginning to end, and are able to see how older spaces can be redesigned and repurposed for their personal style.  Seeing the end product of these real estate shows has given them a clearer idea of what they're expecting to see when they go house hunting.  Staging a home has become a delicate balance for real estate agents between making spaces seem bright, open and modern without having them so empty that the room's comfort becomes lost.

 

One of the biggest impacts Millennials are having in the real estate market, though, is definitely through their use of technology.  While cell phones, the Internet, and social media have become a part of daily life for everybody, the way these technologies are being utilized, especially when looking for houses, is unique to Millennials.  As a whole, they are most likely to begin the search for a house online rather than flipping through a newspaper for real estate ads.  Millennials are also more likely to use social media platforms like Facebook and Twitter to not only search for properties they're interested in, but also to get opinions of friends and families, as well as search for and communicate with real estate agents.  Mobile apps, like Zillow and Redfin, have also become widely used platforms for house hunting. 

 

The modern real estate agent not only needs to be truly comfortable utilizing the newest technology to reach out and connect with the Millennial generation, but to be aware that their role as agents has changed.  With the amount of information available online, and the myriad platforms giving access to this information, much of the mystery of buying a home has been solved before a Millennial has ever contacted the real estate agent.  Now, the newer generation is looking to agents as guides.  They expect real estate agents to have personal, expert knowledge of the neighborhood they are looking in, and to be able to answer less tangible questions about the houses they are shown, such as if a house has good cell phone reception (since land lines are rarely used by Millennials).  An agent who can be open in guiding a younger buyer through the buying process, and who can communicate quickly through technology like email, texting, and Facebook, will be certain to find success as the new generation begins to plant their roots as home owners.

 

Article Sources
Follow these links for the full articles. 
 
Mad For Mid-Century Modern

Student Debt, Reality TV, and Social Media: How Millennials Are Changing the Real Estate Market



Godby Realtors | | godbyrealtors@hotmail.com | http://www.Godby.com
29 DeHart St.
Morristown, NJ 07960