Selling A Home in NJ

South Orange Real Estate 2009 Year in Review

Real Estate Trends in South Orange NJ - 2009 Year in Review Homes sold in 2009: 151 (vs. 175 in 2008) Avg list price: $574,858 (2.5% lower than in 2008, $589,653) Avg sale price in 2009: $530,707 (2008 sales price $571,405) DOM: 76 in 2009 (vs. 67 in 2008) LP:SP percentage: 95% (97% in 2008) Homes Currently for Sale in South Orange, New...

Summit Real Estate 2009 Year in Review

It was quite a year in real estate for Summit, NJ. Not surprisingly, the higher end homes took longer to sell while the most movement in home sales was found at the lower (well for Summit anyway) priced homes. Based on the records from the Garden State MLS, the average selling price in 2009 was $930,999 (just 4% off 2008 prices.) Buyers should be happy tho', as sales prices were at 98% of final listing...

Optimism for NJ Real Estate in 2010

There is optimism in the air about the NJ real estate market for 2010 as reported in The New York Times by Antoinette Martin on January 10th. ..."SO is it over? The three-year period of unrelenting home price declines: has it stopped? And is it possible that sales prices will go the other way in 2010? ...€œEvery county has its own story, said Mr. Otteau, (market analyst, whose Otteau Valuation...

NJ Housing Market: Where is the Bottom?

In case you missed Sunday's New York Times Article A Market Going Downhill Fast, home buyers and sellers in New Jersey have a lot to think about. Overall, New Jersey home sale prices have declined by an average of 15 to 20 percent in every county in the past three and a half years based on contract sales data. However, towns along and adjacent to the Midtown Direct Train-line have actually seen average...

What is Feng Shui and How Will it Help Me Sell My House Faster?

Sellers are always asking: What is feng shui? Will it help me sell my house faster? So I asked my Feng Shui expert Suzy Minken for the answer: Feng Shui (pronounced, "fung shway") is a Chinese ancient science which is based on a series of relationships observed in nature.  The principles of Feng Shui, which literally translates to "wind water," have evolved over 4,000 years and are used today as a design...

Understanding the Credit Crisis

Steve Lupton of MetroCities Mortagage just shared this take on our current "credit crisis" to help you understand WHY. "The Chinese have a proverb: "May you live in interesting times." And we are living through interesting times indeed.Whatever the political posturing regarding the rescue plan, a plan needed to be passed. Credit markets are frozen and banks are going bust every day. This is not totally...

Movers For Your New Jersey Move

I have four families moving into and out of homes over the next four weeks, and everyone wants to know which movers to use.  Here is a short list of New Jersey Movers that recent Keller Williams Buyers and Sellers have used and recommended: Chatham Movers                       973-377-1100 Harrington Movers                    973-313-2246 First Class...

Staging Your Home WILL HELP IT SELL

It is not often that I see such a well put together article on staging. I have found that with a little bit of effort on the part of a seller...staging will help sell the home that is also priced right, especially in this "buyer's market." Ten House Selling Secrets from CNN not only provides excellent tips but has some terrific before and after pix. Want additional staging tips or need a stager along the...

Millburn Farmers Market Opens Today

Don't miss the opening of the Millburn Farmers Market Tuesday, June 17, 2008. The market will run every Tuesday through October 28th from 8am-2pm at the corner of Essex and Main Streets. Today's festivities include: 10 am Ribbon Cutting by Secretary of Agriculture, Charles Kuperus, Senator Tom Kean, Jr. and local dignitaries 11 am restaurant.mc will have a cooking demonstration & tasting. Two tickets...

Morris County NJ February 2008 Home Sales

Below you will find the statistical data provided by the Garden State MLS for February closed sales of single family homes from 2/1/08 to 2/29/08 in Morris County, NJ. If your town is not listed and you would like to receive a FREE report for your particular area, please contact Perri@MidtownDirectHomes.com and we will be happy to provide that report to you. Town                #...

Top 5 Ways to Sell Your NJ Home FAST!

Luis and his team at DLO Painting & Contracting are my Supermen. They have helped sellers get their homes sold FAST and buyers fix up their new digs. Given the current market, here are Luis' top five suggestions to getting your New Jersey home sold FAST. 1-NO Clutter:  Make your living space more open and welcoming by storing or getting rid of extra furniture and personal Nick-knacks...Less is...

Essex County NJ February 2008 Home Sales

Below you will find the statistical data provided by the Garden State MLS in regards to closed sales for the month of February  from 2/1/08 to 2/29/08, based on single family home status in Essex County, New Jersey See if your town stood out from the rest. If your town is not listed and you would like to receive a FREE report for your particular area, please contact Perri@MidtownDirectHomes.com and we...

Avoiding Foreclosure in New Jersey

Steve Lupton of MetroCities Mortgage just passed on some excellent words of wisdom if forclosure is around the corner for your New Jersey Home.  Here is some advice for Homeowners & New Jersey Real Estate Agents: Few things are as devastating as losing your home. Sadly, it's not always inevitable. In many cases the foreclosure could have been avoided with some outside help. You are in a unique...

New Jersey Home Seller's Realty Transfer Fee (RTF)

The New Jersey Realty Transfer Fee (RTF) question comes up on a daily basis with sellers...so, I asked my go-to New Jersey Real Estate Attorney Rosemary Stone-Dougherty to shed some light on this topic: The New Jersey Realty Transfer Fee (RTF) is essentially a sales tax based on the sale of your home and is paid by the seller. It is strictly calculated off the Deed price of your home and per...

Top 10 Signs That It's Time to Sell Your Home in New Jersey

It may be ten degrees outside, but Spring is right around the corner. Here are the Top 10 Signs That It's Time to Sell Your NJ Home   1. When you bought your house, you lived in the country. Now you're surrounded by high rises. 2. You can't get any appliances repaired because "they stopped making those parts years ago." 3. The swing set in the backyard has sprouted roots. 4. The plumber's phone...

Zillow Has New Smart Search Feature For Buyers & Sellers

Zillow does it again...maybe. Just read this post on Future of Real Estate Marketing about Zillow. "The launch of their new Smart Search functionality tells you exactly how many listings the company has in its database, from a top level State search right down in to individual neighborhoods. Its kind of fun surfing around the country (zoom out to the USA level on their map) and seeing whats out there...

Homes Are Selling In NJ

The New York City Real Estate market is thriving and homes along the Midtown Direct Train line and the 78/24 and 280 corridors are benefiting from it. Buyers shut out of the NYC market are coming to New Jersey taking advantage of well priced homes. Below are the November (11/1/2007--11/30/2007) closed sales of single family homes provided by the Garden State MLS.    NOVEMBER 2007 HOME...