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allendale market conditions: Allendale Market Report - 3/1/2012 - 03/01/12 06:56 AM

Here are the statistics from the New Jersey MLS system for Allendale single family residence for period 1/1/2012 - 3/1/2012.


 

The National Association of Realtors  just released its January 2012 Realtor® Confidence Index Report. Comments and replies indicated that the residential housing markets appear to be on an upswing.

·        REALTOR® confidence in the outlook for the housing markets over the next 6 months has increased significantly.

·        Higher prices expected in the next year by 67 percent of Realtors®

·        A number of respondents commented on the upswing in … (1 comments)

allendale market conditions: Allendale Real Estate, Year End Review – 2011 - 01/02/12 11:14 AM

 Allendale Real Estate Year End Review – 2011

There is so much talk today about the real estate market and just how far values have fallen.  The first fact everyone should remember is that real estate is highly localized. In Bergen County, the market can be drastically different from one neighboring town to the next.  Towns with good school systems tend to maintain their real estate values. A town along the commuter line to NYC also will maintain the home values longer in a down market.  Fortunately Allendale has both of these factors as well as other in tangibles … (1 comments)

allendale market conditions: Allendale Market Statistics - End of September 2011 - 10/03/11 05:30 PM
Here are the statistics from the New Jersey MLS system for Allendale single family residence for period 9/1/2011 - 9/30/2011.
 
The expected decrease in sales for September has proven correct as sold homes dropped from 7 to 4 while the under contract homes also dropped from 7 to 1. Most people usually try to get into a home prior to the school year starting.  The average sold price rose to $694,375 a $18,000 increase while the list to sales price came back to a more normal 96% compared to the abnormal 91% in August.
The best news in the real estate … (0 comments)

allendale market conditions: Allendale Market Statistics - End of August 2011 - 09/01/11 08:54 AM
The Allendale Real Estate market is holding steady over the past months.
Here are the statistics from the New Jersey MLS system for Allendale single family residence for period 8/1/2011 - 8/31/2011.
 
 We see a increase of sales as expected at the end of the summer before school starts. Also there are a large number of withdrawals from the market and a decrease of total inventory. Expect some of these to be relisted in the next couple of weeks.  The biggest note that I see is a decrease is sale price to list price of 3% to 91.2 %.
 
(0 comments)

allendale market conditions: RE/MAX Ranks Highest in Customer Satisfaction in 2011 J.D. Power & Associates Study - 08/04/11 09:27 AM
 

Home Buyers and Sellers Prefer RE/MAX
RE/MAX Ranks Highest in Customer Satisfaction in 2011 J.D. Power & Associates Study
 

DENVER, CO – Results from the J.D. Power and Associates 2011 Home Buyer/Seller Study, recognize RE/MAX for providing the highest overall consumer satisfaction for both home buyers and home sellers. In last year’s study, two different companies ranked the highest in each category, but this year home buyers and sellers both rated RE/MAX the highest.

"It all comes down to professionalism and a commitment to a premier level of customer service," said RE/MAX Chairman and Co-Founder Dave … (0 comments)

allendale market conditions: Allendale Real Estate Market Activity - July 2011 - 08/01/11 09:42 AM
The Allendale Real Estate market is holding steady over the past months.
Here are the statistics from the New Jersey MLS system for Allendale single family residence for period 7/1/2011 - 7/31/2011.
 
 
While only three homes closed, seven more went under contract and the current inventory maintained at 42 homes.  I have added a column to the table which shows Average Days On Market(DOM).  This gives an indication of how long a house has been on the multiple listing service. 
While some buyers still sit and wait for home prices to drop even further, many are making good deals … (0 comments)

allendale market conditions: Allendale Market Statistics - June 2011 - 07/01/11 11:42 AM
The spring market brought a 6.5% increase in sales from April to May 2011 for the State of NJ. Good News ! There was also an increase in signed purchase contracts over the same period last year. This was the first increase in sales seen over the past 12 months
Here are the statistics from the New Jersey MLS system for Allendale single family residence for period 6/1/2011 - 6/30/2011.
I still believe the housing market recovery will follow when unemployment starts to fall, income for families becomes stable and predictable, and qualified people are able to get loans for mortgages.   … (1 comments)

allendale market conditions: Allendale Market Statistics - May 2011 - 06/01/11 09:38 AM
As we move into the summer season, June may be the last big month for home sales. Many buyers want to be in their new homes by the time school starts and the mortgage process sometimes takes up to 60 days to complete.
Here are the statistics from the New Jersey MLS system for period 5/1/2011 - 5/31/2011.
Another month of same activity for Allendale comparing number of solds and number of homes under contract. The current active inventory is starting to climb as more new homes came on the market than were sold. An interesting statistic to track to find … (0 comments)

allendale market conditions: The Home you are looking for - Allendale gem! - 05/19/11 09:12 AM
Fabulous Town, Great Schools, Wonderful Home!  What else could you ask for? There is nothing in Allendale in this price range for this quality home!
Listed at  $629,000

WWW.7EROLDCT.INFO
CALL ME FOR YOUR PERSONAL TOUR OF THIS HOME.
This home offers everything a buyer could want. Four bedrooms, 2.5 baths and walking distance to NYC train or bus.  
For more information on this house or questions about Allendale or Allendale Real Estate
Contact me anytime:
James LockardRE/MAX PropertiesOffice: 201-825-6600Cell: 201-674-3114Email: jlockard@remax.netWebsite:  http://www.bergencounty-homes.com/
(1 comments)

allendale market conditions: Allendale Home Market Statistics - April 2011 - 05/01/11 02:58 PM
The spring real estate market is holding steady in Allendale!  
Here are the statistics from the New Jersey MLS system for period 4/1/2011 - 4/30/2011
 
Thii month is very much the same type of numbers from last month comparing number of solds and number of homes under contract. The biggest difference is the homes sold average $250,000 more this month.  Along with he increase in average sold price , sale price to list price declined 7% as one might expect on higher priced homes.  New homes on the market for April were 10 compared to 23 in March.
Do you … (0 comments)

allendale market conditions: NJ Realtors Host Open House Weekend - 04/02/11 09:57 AM
You're Invited! April 2-3, 2011
Last year's Open House Weekend was a huge success! Join the New Jersey Association of REALTORS® (NJAR®) as we host Open House Weekend in 2011! It's an exciting time of the year; don't miss out on this golden opportunity!
Find out:
* How you can find your dream home at the right price;* How to sell your existing home without further delay/stress;* Why it's so crucial to have a REALTOR® helping you through the home buying/selling process!* View this flyer for more reasons why YOU should take part in this event!
Why should you participate in … (0 comments)

allendale market conditions: Allendale Real Estate Market Activity - March 2011 - 04/01/11 01:11 PM
The spring real estate market has hit Allendale!  
Here are the statistics from the New Jersey MLS system for period 3/1/2011 - 3/31/2011
 
Although only two homes closed(sold) in March remember there is usually a 45 -60 day period once a contract is written to when the home is closed. The big number to notice for March is 23 homes came on the market available for sale. Some of these might have been withdrawn and then relisted but inventory is now up to 33 available single family homes as opposed to 22 last month.
Seven homes have come under contract indicating … (0 comments)

allendale market conditions: ALLENDALE GEM >>>>Open House - Sunday, April 3, 2011<<< - 03/30/11 10:06 AM
A home where memories are made! 

WWW.7EROLDCT.INFO
COME AND JOIN ME FOR A LOOK AT A FABULOUS ALLENDALE LISTING.
This home offers everything a buyer could want with added benefits of an exceptional school system and walking distance to NYC train or bus.  
For more information on this house or questions about Allendale or Allendale Real Estate
Contact me anytime:
James LockardRE/MAX PropertiesOffice: 201-825-6600Cell: 201-674-3114Email: jlockard@remax.netWebsite:  http://www.bergencounty-homes.com/
(0 comments)

allendale market conditions: Allendale Real Estate Market Statistics - February 2011 - 03/01/11 10:03 AM
Snow and cold weather contributed to a rather slow housing market in February for Allendale.  Wasn't that what I said for January? The statistics look pretty much the same.  
Here are the statistics from the New Jersey MLS system for period 2/1/2011 - 2/28/2011
 
The statistic that jumps out at me is the two sold homes have a sold price average of $396,500!  In Allendale?  One house that sold was on Myrtle for $309,000 after being on the market for over 6 months. It was a three bedroom one bath, older home that needed work. The other was a home on Brookside that … (0 comments)

allendale market conditions: EPA Lead Paint Laws Effect Remodeling Projects - 02/26/11 05:05 PM
The US Environmental Protection Agency (EPA) has new lead paint laws that went into affect in April 2010. The new law requires any renovation work performed on houses built before 1978 to be performed by a certified contractor. Obviously this new law is causing some serious moans and groans from both home owners and contractors.
The lead paint laws involve training and certification of remodelers, safe work-site practices, verification and record keeping. The few exceptions to the law are:
Any home or child occupied facility that built after 1978. The repairs are minor, with interior work disturbing less than six sq. ft. or … (5 comments)

allendale market conditions: Improve your home, increase your tax assessment. - 02/09/11 09:52 AM
As with most towns in Bergen County and throughout the state, improving your home in Allendale can lead to higher taxes. Here is a list of home improvements that require a permit and will increase your taxes.
Remodeling of kitchen                                                                                                   Remodeling of bath                                                                                                         New exterior siding and veneers                                                                                  Add sun deck --portico--porches                                                                                  In ground swimming Plumbing alteration, modernization and tiling                                                           Install masonry patios                                                                                                    Finish basement for recreation rooms, laundry rooms, game rooms, etc.         Finish attic for additional rooms of any kind                                                               Additions to house for rooms of kind, garage, greenhouse, etc.                             Central air conditioner                                                                                                     
Please note, that if you do not schedule … (2 comments)

allendale market conditions: Need to know the price of the Bergen County home for sale you just drove past? - 02/07/11 10:42 AM
Introducing your free mobile real estate app for Bergen County and all of New Jersey!
Whether you're searching for a house or want to see what homes are selling for in your neighborhood, my app brings the information to the palm of your hand anytime, anywhere.  This is the only real estate app that works on standard cell phones and smart phones alike.  Plus, it's FREE!Download it today! 
Text: NJAGENT    To:   87778
James LockardRE/MAX PropertiesOffice: 201-825-6600Cell: 201-674-3114Email: jlockard@remax.netWebsite:  http://www.bergencounty-homes.com/
(0 comments)

allendale market conditions: Allendale Market Statistics - January 2011 - 01/31/11 01:18 PM
Snow and cold weather contributed to a rather slow housing market in January for Allendale.  
Here are the statistics from the New Jersey MLS system for period 1/1/2011 - 1/31/2011
 
 
The biggest eye opener here is the sale price to list price ratio of 79.337%.  This is because of the two sales, one home was originally listed at $1,290,000 and sold for $960,000. 
Four new homes came on the market, four are under contract and two came off the market leaving the inventory constant at 19 available homes.
Over the next month, much will depend on the weather as … (0 comments)

allendale market conditions: Open House Sunday, 1/23 from 1 - 4pm, 7 Erold Ct., Allendale - 01/20/11 09:20 AM
A home where memories are made! 

WWW.7EROLDCT.INFO
COME AND JOIN ME FOR A LOOK AT ALLENDALE'S NEWEST LISTING.
This home offers everything a buyer could want with added benefits of an exceptional school system and walking distance to NYC train or bus.  
For more information on this house or questions about Allendale or Allendale Real Estate
Contact me anytime:
James LockardRE/MAX PropertiesOffice: 201-825-6600Cell: 201-674-3114Email: jlockard@remax.netWebsite:  http://www.bergencounty-homes.com/
(0 comments)

allendale market conditions: Allendale - 4 BR, 2.5 Sugar Maple Split - Nothing To do But Move In! - 01/11/11 01:39 PM
(0 comments)

 
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James Lockard - Realtor, Allendale, NJ

Allendale, NJ

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RE/MAX Properties - Saddle River

Address: 82 E. Allendale Rd., Suite 4B, Saddle River, NJ , 07458

Office Phone: (201) 825-6600 x 343

Cell Phone: (201) 674-3114

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