Bergen County Sales Week of January 12, 2014

All closings week of 1/12 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY Allendale 578 BROOKSIDE AVE C/C 5 2 $460,000 TERRIE … Continued

Home Prices Rise 0.9% in November

Case-Schiller is reporting today that home prices rose 0.88% in November over the previous month. Year-over-year, prices were up 13.71%. These results are based on Case-Schiller’s 20-city index. In addition, mortgage applications were up in recent weeks. Read more at Business Insider

Bergen County Home Sales Week of 1/5

All closings week of 1/5 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY Cliffside Park 52 OAKDENE AVE COL 3 1 $280,000 … Continued

Inventory Across Northern NJ Down 20%

The Market Update published by the New Jersey MLS (NJMLS) for December, 2013 shows the number of single family homes on the market is down 20% from a year earlier. The area covered by NJMLS includes Bergen, Essex, Hudson and Passaic Counties. Inventory of condos and townhouses is down even more at -27%. Other telling statistics … Continued

How to Choose a Home Inspector

A home is the most expensive thing you’ll probably ever purchase. Choose your home inspector carefully. Recently I spoke with Mark Cafiero from Pinnacle Inspection Services about what to look for when you’re choosing your home inspector. Once you’re in attorney review, you’ll want to speak with two or three inspectors to help you make … Continued

Bergen County Sales Week of Dec 29, 2013

All closings week of 12/29 Real estate closings last week in all boroughs, cities and villages of Bergen County. For a demographic profile and school info, click on the municipality’s name. For previous sales, see Sales Archive. ADDRESS STYLE BEDS BATHS PRICE LISTED BY SOLD BY Bergenfield 75 HARRIET AVE COL 6 4 $888,000 PROMINENT … Continued

MLS Year End Wrap Up

2013 was a good year! NJMLS year-end statistics for 2013 vs. 2012 show very positive numbers: Entire NJMLS (all categories, all areas): Solds +20.8% Median Sale Price +5.5% Under Contracts +15.8% Actives -13.4% Days On Market -12.1% Single Family Homes (all areas): Solds +19.7% Median Sale Price +5.3% Under Contracts +16.1% Actives -17.4% Days On Market … Continued

“The Record” Reports On Housing Recovery

Over the last year or so I’ve been writing regularly about the strong real estate market here in northern New Jersey. Working with home buyers on a daily basis, I’ve talked to more than a few people who aren’t necessarily convinced. I can understand if buyers take my information with a grain of salt, as … Continued

Ridgewood begins 2014 with little inventory

Central Business District

Ridgewood, NJ rang in the new year with just 34 single family homes on the market. That’s down from 65 on the market on January 1, 2013. To put that number in perspective, 315 single family homes sold in Ridgewood in the entire year in 2013. So 34 homes on the market is not many. … Continued

Prepare for Owning A Home in NJ

1. Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop a wish list of what you’d like your home to have. Then prioritize the features on your list. 3. Select three or four neighborhoods you’d like to live in. … Continued