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Central Jersey Home News…
Luxury Home Listings & Springtime Romance
Ah, spring is truly in the air…the traditional time when people can fall in love at first sight! I’ll try not to dampen those springtime spirits too much, but for anyone currently looking into the Central New Jersey luxury home listings, some advice may be in order: Online love at first sight is a really [...]
Supply of Central New Jersey Homes for Sale Struggles to Keep Pace
So the market’s recovering, interest rates are low, and you think you’re finally ready to buy a home? Not so fast. Buyers across the country are running into a new roadblock: there don’t seem to be enough homes for sale. Anyone who has looked at entry- to mid-level homes for sale in Central New [...]
Central New Jersey Real Estate Market Balancing Act: Rates vs. Rises
When the Wall Street Journal or Forbes run mortgage rate stories as their lead items, those of us who keep an eye on the Central New Jersey real estate market pay close attention. I frequently share what they say here. But when even the non-financial outlets like USA TODAY and the cable TV news channels [...]
Part 2 — Top 6 Mistakes For Home Sellers to Avoid
Previously, we cited three of the most common mistakes sellers make after listing their Central New Jersey property for sale. Here are three more: Proper Insurance When you have a Central New Jersey property for sale, it’s more important than ever to see that your homeowners insurance is up to date. It is highly unlikely [...]
Central New Jersey “Boomerang Buyers” Enter the Picture
“Time flies when you’re having a good time” we hear. But time can also pass quickly for those who’ve had to go through difficult times. Case in point is a million and a half borrowers who have recently experienced the pain of a foreclosure. That’s the estimated number of those who, by this time [...]
Best and Final: the Dreaded Multiple Offer
Those who have been paying close attention to how the houses for sale in Central New Jersey have been performing may have observed the results of the dreaded “multiple offer situation.” When a closing price seems to rise unexpectedly, it could be because of something called the “Notice of Best and Final.” That notice [...]
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