Trends and Views in Residential Real Estate 2016

Uncompromising personal service

and local philanthropy

are at the core of our philosophy...

where people come first,

where integrity is our guide post,

where expertise is our foundation,

and where passion

for our work builds trust.

One client at a time.

our mission

In 1976 when my mother founded Lois Schneider Realtor, she chose not to follow the trend of mergers and franchising and instead focused on developing a business with just one office and one mission: superb service. Since assuming leadership of the company when she passed away in 2012, I resolved to continue her commitment to service as our primary mission.

In 40 years, we have taken our mission as an independent brokerage to a global level in a way that differentiates LSR from chains and franchises. Our company enjoys exclusive membership with other selected premier brokerages in Leading Real Estate Companies of the World and Whos Who in Luxury Real Estate -- powerful networks of more than 130,000 real estate professionals. These affiliations provide our clients with exposure in over 70 countries with our listings translated on international websites in nine different languages.

Our award-winning marketing and design team showcases our clients properties to buyers locally, nationally and internationally. Were local real

estate experts with global connections best positioned to market your home. Thats the LSR difference.

First-time buyers or those searching for their dream home also benefit from LSRs deep knowledge of local communities. Our agents go beyond helping you find a house to purchase. They help smooth your transition, connect you with needed services, and make you feel welcome as new neighbors in town.

As we celebrate our 40th anniversary, we are proud of our commitment to local philanthropy, enriching programs and local projects that benefit many in our communities.

I want to thank our clients who have entrusted us with their real estate needs, many of whom have returned again and again, and our fabulous team of LSR sales associates and staff. To all, your loyalty and dedication are the measure of our success at Lois Schneider Realtor!

With gratitude,

Karen Schneider, President

Letter from the President

millenniAls And reAl estAteThe future course of real estate will be determined by the millennials, ages 17 to 34. Among all generational cohorts, they comprise the largest share of homebuyers, at 32 percent. They also have the largest share of first-time buyers, at 68 percent. Millennials are proving to be more financially savvy than previously anticipated. Most view home ownership as part of their American Dream, and if thats true, its a sure thing they will dominate the real estate market within the next decade. As some of

the older millennials enter parenthood, the burbs will be appealing as these young parents seek more space, top ranked public schools, and recreational and neighborhood environments. The good news is that the baby boomers have created a robust next generation that will keep the housing market going.

We are pleased to meet the real estate needs of the next generation! Contact us at 908.277.1398

or info@lsrnj.com for a complimentary market analysis. It will be our pleasure to serve you the

Lois Schneider Realtor way.

tHe lsr rePortCE

LEBRATING

1976 - 2016

September 1976 First LSR sale at $185,000

LSR lists first home over $1 million1986

1996 Mid-Town Direct train line

service to NYC begins

1981 Interest rates hit

all-time high 18.45%

1980 Sale of home on Oak Ridge Avenue

breaks $300,000

Lois Schneider opens Lois Schneider Realtor (LSR)

September 1, 1976

LSR is invited to be a member of

1989

1989 LSR is invited to be a member of Whos Who in Luxury Real Estate

Lois Schneider receives Congressional District Volunteer Award

1996

THE WAY IT WAS IN 1976 America celebrated its Bicentennial Jimmy Carter was elected President Montreal welcomed the

Summer Olympics Apple Computer was launched The first VCR was introduced Rocky was the top-grossing film Giants Stadium opened Superbowl X: the Pittsburgh Steelers

defeated the Dallas Cowboys Bank of America introduced Visa card

8.92%

1976

18.45%

1981

9.98%

1986

8.86%

1991

7.92%

1996

6.62%

2001

6.36%

2006

4.07% 3.61%

2011 2016All

rates

are

for t

he m

onth

of O

ctobe

r exc

ept f

or 2

016

(Apr

il)

201

6 fre

ddie

mac.

com

Historical Interest Rates 30 Year Fixed Mortgage

celebrAting 40 YeArs 1976 - 2016

90s80s70s

1979 LSR becomes the principal sponsor of

the Summit Junior Fortnightly Clubs Tot Trot

LSR is founder of the Summit Luminary Fund

1981

LSR moves to newly renovated office space in Summit

1993

2015 LSR redesigns website

LoisSchneiderRealtor.com

LSR receives NJ Corporate Philanthropy Award

1994

Sale of home above $5 million sets

Summit record2006

10s

Lois Schneider receives Congressional District Volunteer Award

1996

LSR lists and markets the highest recorded home sale in Summit at $8 million

2004 Lois Schneider is named

Union County Person of the Year for Business and Civic Achievement and NCJAR Realtor of the Year

Interest rates are at all-time low 3.35%

2012

FORTY YEARS LATERThe way it is todayFrom music to technology, to medical advances, social media and communications, much has changed in 40 years. Smart phones, Facebook, Google, Yahoo and Netflix are part of our everyday language and lives. We communicate via text, Instagram and Twitter.

We anticipate the use of driverless cars, smart contact lenses that monitor glucose levels, and microscopic machines that travel inside our body to deliver medicines. With space travel potentially becoming more commonplace inter-planetary real estate could one day become a reality. Dare to dream!

Despite all that has changed, the concept of home is at the very core of who we are and how we live. Real estate still remains the bedrock of our family life and our society. And this, we believe, will not change.

celebrAting 40 YeArs 1976 - 2016

10s00sAnd moving forward...

LSR moves to newly renovated office space in Summit

1993

Karen Schneider takes the helm as LSR President and CEO

2012

LSR lists and markets the highest recorded home sale in Summit

over $3.5 million2001

2015

2016

431 Springfield Avenue

Summit, NJ 07901

908.277.1398

info@lsrnj.com

LoisSchneiderRealtor.com

AreA Home Prices over 40 YeArs

Summit THEN NOW % Increase Summit THEN NOW % Increase

Rotary Drive5 Beds, 3.2 Bath

$ 153,000 $ 875,000 471.9% Winchester Road3 Beds, 2.2 Bath

$ 106,000 $ 1,325,000 1,150%

Mountain Avenue5 Beds, 3.1 Bath

$ 50,000 $ 683,500 1,267% Yale Street5 Beds, 2 Bath

$ 67,500 $ 595,000 781.5%

New Providence THEN NOW % Increase Berkeley Heights THEN NOW % Increase

Woodcrest Drive5 Beds, 3.1 Bath

$ 89,500 $ 1,200,000 1,240.8% Canterbury Lane3 Beds, 2.1 Bath

$ 66,000 $ 496,000 651.5%

Pittsford Way3 Beds, 3 Bath

$ 61,000 $ 595,000 875.4% Stewart Lane3 Beds, 2 Bath

$ 65,000 $ 515,000 692.3%

Millburn THEN NOW % Increase Madison THEN NOW % Increase

Woodland Road3 Beds, 2.1 Bath

$ 83,000 $ 826,000 895.2% Academy Road3 Beds, 2.1 Bath

$ 73,500 $ 610,000 729.9%

Hartshorn Drive4 Beds, 5 Bath

$ 168,500 $ 1,850,000 997.9% Woodland Road5 Beds, 3 Bath

$ 75,500 $ 786,000 941.1%

Chatham Borough THEN NOW % Increase Chatham Township THEN NOW % Increase

Mercer Avenue4 Beds, 1.1 Bath

$ 79,000 $ 755,000 855.7% Southern Blvd. 3 Beds, 3 Bath

$ 53,000 $ 560,000 956.6%

The Value of Your Real Estate Investment

Lois Schneider Realtor embraces giving back as part of our corporate mission, so much so, that our founder, Lois Schneider, received congressional recognition for her volunteerism. Over the past 40 years, LSR has sponsored, underwritten and

supported over 300 non-profit and community organizations with contributions totaling over $1 million.

The tradition continues today.

40 YeArs of communitY involvement

Summit Luminary Fund

If your house is currently listed, this is not intended as a solicitation.