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With the 2009 real estate slump, less homes were sold in Millburn/Short Hills than the previous year (223 vs. 260). However, Millburn/Short Hills benefits from having the # 1 High School in New Jersey In addition, the town boasts strong cultural events with the Papermill Playhouse and Metropolitan Orchestra and of course premium shopping downtown and at The […]
I think it is fair to say that most real estate buyers and sellers are glad that 2009 is behind us. In Maplewood, NJ (07040), home prices have fallen far less than the national average. The ease of commute to New York City on the Midtown Direct train line and wonderful downtown have kept housing […]
Real Estate is local. We all know that. But it is nice to see that Optimism is Back for 2010 Real Estate. I was recently at a Real Estate convention in NYC and here is what the “experts” had to say: Ha Ha, yes that’s me! Enjoy!
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 […]
Congratulations to all of the high schools along the Midtown Direct Trainline that were awarded top honors by US News & World Report Silver Medals went to: Chatham High School Madison High School Millburn High School New Providence High School Summit High School To view all of the New Jersey Honored High Schools
IT’S OFFICIAL!!!!…. THE TAX CREDIT HAS BEEN EXTENDED AND EXPANDED Well…almost… (President Obama still has to sign it, which he will) Per Martin Straka, Mortgage Loan Officer with Bank of America: On Thursday afternoon (11/5/090 the House of Representatives voted to pass the legislation extending the Tax Credit and Unemployment Benefits (HR 3548).Homebuyer Tax Credit: […]
You only have three more months to take advantage of the 2009 Housing Tax Credit. Still Confused as to whether you qualify? There are still many opportunities to purchase an affordable home along the Midtown Direct Train line in New Jersey. If you want additional information about real estate in South Orange, Maplewood,Millburn/Short Hills, Summit, Chatham, […]
If you are looking for the perfect four bedroom home close to the South Orange Train Station€¦ you must visit 462 Redmond Road this Sunday! OPEN HOUSE JULY 19TH FROM 1P-4P For more information please contact Perri @ 973.650.4727 Also check out South Orange at a Glance to learn more about this wonderful town
Did you know that the Home Buyer Tax Credit can now be used for closing costs with FHA-approved lenders? But “first-time home buyers” only have until December 1, 2009 to purchase their principal residence to take advantage of the credit. The National Association of Realtors (NAR) has a very valuable website: http://www.housingmarketfacts.com/ with easy to understand question and answers […]
Thirty-eight homes have gone Under Contract in the past month in Summit, NJ… thus putting the Summit housing market about 19% behind 2008 in number of home sales pending. Average list price of the 163 homes currently on the market is $1,187,509 (6% below 2008). What are the prices of the homes selling in Summit, NJ? 8 Under […]
There are a lot more homes on the market in Madison, NJ than last year… 22 more (90 vs 68)! But the good news is…22 homes are under contract at an average list price of $895,342. The even better news, is that homes are selling both under $600,000 and over $1,000,000+ 6 Under $500,000 5 $501,000-$600,000 […]
Are you thinking of buying a home in Maplewood, NJ? Now is a great time. There are currently 140 homes for sale in Maplewood, NJ with an average list price of $526,605. But what are the prices of the homes that are selling? Of the 35 homes that went under contract in the last 30 days, […]
The Livingston NJ Real Estate Market is Heating Up! Forty homes have gone Under Contract in the past month. The average list price of these homes is $611,694. Ten Homes are in Attorney Review with an average list price of $506,399. What does this mean for Livingston, NJ home buyers? With pretty much the same […]
South Orange, NJ currently has 134 homes for sale at an average list price of $621,361. Homes have been on the market on average 98 days. So what priced homes are selling in South Orange, New Jersey? Twenty-Three homes went Under Contract in South Orange, New Jersey this past month. 3 Under $300,000 8 $301,000-$400,000 […]
At lunch yesterday after the Center Court Member Guest, I was asked How is the Millburn/Short Hills Real Estate Market? Houses are moving after a sluggish early spring, especially if they are priced right! And, what priced houses are moving? In the past month, 35 homes have gone under contract at all different price points 5 […]
If you are looking for a perfect three bedroom home near the Millburn Train Station… you must visit 30 Locust Ave. Be a part of the Number #1 School System in New Jersey. Move right into this wonderful side-hall Colonial in the Wyoming School District. Call Perri @ 973.650.4727 for more information or to preview this […]
Another Great Home in Livingston, NJ With an Easy Commute into NYC OPEN HOUSE SUNDAY APRIL 17TH 1PM TO 4PM Just in time to take advantage of all that Livingston has to offer in the Summertime!!! Please join us on Sunday. If you have any questions about this wonderful home, please call Perri K. Feldman […]
If you want to have an easy commute to Manhattan on an Express Bus from Livingston, New Jersey… Look no further. OPEN HOUSE Sunday April 19, 2009 1pm-4pm 29 Briar Cliff Road Livingston, New Jersey Just in time for Mother’s Day, the perfect home comes on the market in Livingston. Please join us on Sunday. […]
Wow!!! I have been driving around a lot with buyers this past month. They are thrilled to be putting in offers and having them accepted. Before they take the plunge, however, there is one site that seems to have caught buyer’s attentions: RottenNeighbor.com Ever hear of it? None of the recent purchases have ended […]
John L. Scott Real Estate separates fact from fiction in the Pacific Northwest real estate market in this RISMedia article that helps home buyers assess the current market objectively: FACT: The housing market is undergoing a natural cyclical correction. FACT: Low mortgage rates give buyers more house for their dollar. FACT: Heavy speculation and overbuilding result […]
Consider using a Wholesale Mortgage Banker for your mortgage this Spring. Why? Wholesale Mortgage Bankers have access to two distinct sources of mortgage money: Secondary Market: This source of capital comes from investors that invest in mortgage backed securities. Loans are originated then sold to Wall Street banks, bundled into mortgage backed securities and sold. If […]
Nothing says I LOVE YOU more than a New Home!!! This Sunday, February 10th from 1-4pm, take a drive to New Jersey to see two wonderful townhomes for sale…both only 30-45 minutes from NYC: 240 Clarken Drive Crystal Woods West Orange, New Jersey 148 Leeds Court Madison Commons Madison, New Jersey To view all of […]
Every couple of months I get this email about New Jersey “truisms” that this Jersey Girl can appreciate…so I thought I would share it with you. This latest email came from Debbi out of Blaine, Minnesota from my Millburn High School graduating class (way back when.) Facts about NJ If you’ve ever lived in Jersey…you’ll […]
Tuesday, January 22, 2008 Fed Lowered Interest Rates and New Jersey Home Buyers May Benefit Steve Lupton of Metrocities Mortgage Sent Me the Following Alert I Wanted to Share: NEWS ALERT!!!! 1. Today, the Fed lowered both the Fed Funds Rate and the Discount Rate by 75 basis points. This unusually aggressive move is an acknowledgement that […]
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 […]