team zuhl: The market is going crazy! Here's why.
- 09/23/20 01:24 PM
In March of this year, we first began seeing cases of COVID-19 in our area, in a short time thereafter, businesses and schools were forced to shut down. Along with the shutdown came a drop-off in the number of homes being sold, at least in the early on. As March turned into April, and into the first half of May, the numbers of contract sales (homes entering into Under Contract or Pending status) fell dramatically. April, 2020, saw less than half the number of homes entering into contract compared to the same period in 2019.
Eventually, things began to reopen and Real Estate Professionals began showing properties. … (5 comments)
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team zuhl: Rahway Real Estate during the pandemic
- 05/08/20 12:49 PM
It is really easy to find news about COVID these days. The virus affects all ages and all demographics. The shutdown, similarly, affects all ages and all demographics. Here's how it is affecting real estate in our area.
Rahway real estate usually has a cyclical feel to it - prices and sales peaking in the summer and dropping in the winter.
In a "normal" year, sales typically look like this. Sales, in orange in this graph, start out low in the winter and then gradually pick up until the summer and then drop off in the fall. Listings, in blue in the graph, … (8 comments)
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team zuhl: The Housing Market and COVID-19
- 04/17/20 10:48 AM
How to manage the Market during and after COVID-19Coronavirus.
COVID-19.
Quarantine.
Unemployment.
Schools closed.
All we hear on the news is these stories.
There is no doubt, we will look back on 2020 as the year that things got very bizarre We’ll remember the people who succumbed to this virus and we will also celebrate the heroes; nurses, doctors, the frontline responders, EMT’s, Police and Firefighters. We will look back and remember how we saluted the truck drivers and grocery store workers who put themselves in harm’s way, every day, to make sure that we had the basic necessities to get by. And we’ll remember the … (3 comments)
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team zuhl: Practicing Real Estate during the COVID-19 Pandemic
- 03/24/20 07:33 AM
Here in New Jersey the Governor has ordered that all "non-essential" employees remain home.
Businesses are ordered to make tele-solutions possible for employees if able. Travel is restricted to trips to the grocery store, the pharmacy, the doctor's office, etc. In NJ ALL gatherings are canceled, no church services, weddings, funerals, parties or any other gatherings are allowed. It's OK to go for a walk or a bike ride to get some exercise, but social distancing must be adhered to.
So how does this affect Real Estate?
Some offices are open. Some are closed. The ones that are opened are required to exercise social … (6 comments)
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team zuhl: Central Jersey MLS switches to the RapattoniMLS System
- 02/26/20 01:04 PM
This Tuesday, one of the MLS's that we belong to switched platforms. For about 10 years, the Central Jersey MLS was using Matrix. We liked Matrix. It was relatively easy to use, had lots of customizable features and it worked well from a cell phone as well as a computer.
Being that CJMLS is not our Primary MLS (Garden State MLS is the one we use most often) I wasn't looking forward to having to learn a new system from scratch. The Central Jersey Board scheduled training starting on Tuesday and I was there at for the first class Tuesday Morning, along … (4 comments)
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team zuhl: Unwrapping the Clark Real Estate Market - December 2019
- 12/07/19 10:44 AM
Clark, NJ,'s real estate market update for December, 2019.
Inventory:
In November, 16 single family homes were sold and 85 homes were offered for sale. This is the lowest active inventory seen in Clark since November of 2018. Low inventory often occurs as the days get shorter and this drop can be explained, at least in part, to seasonal variability. To search for listings, please click here.
More homes are offered for sale in the spring and summer than in the winter which explains the peaks and valleys in the red line above, the active listings over the last 6 years. The blue line … (8 comments)
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team zuhl: 84 Hutchinson Street, Clark - Open House Sunday, December 1, 12-3pm
- 11/26/19 01:40 PM
Attention!!!
Team Zuhl of Samsel & Associates is having an Open House.
Where: 84 Hutchinson Street in Clark
When: Sunday, December 1, 2019 from 12-3pm.Buyers, you don't want to miss this one! So, come out on Sunday and see this diamond-in-the-rough. This could be your dream home with just a little bit of paint and some TLC. It may look like a little Cape Cod, but you'll be impressed at the more than 2200 square feet of space that this home offers. There is lots of room in this 5 bedroom home. Enjoy 2 full baths with the downstairs bath, which has a jetted tub to soothe … (12 comments)
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team zuhl: Linden Real Estate Market Report - October 2019
- 10/09/19 07:21 AM
Homeowners and home buyers in Linden are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Linden .
Here’s what’s been happening lately.
Inventory:
36 homes were sold in Linden in September, compared to 41 homes sold in July. There are 136 homes offered for sale in Linden today - compared to the 12 month average of 171 homes and compared to 196 homes that were on the market in August of last year.
As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten … (2 comments)
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team zuhl: Cranford Real Estate Market Report - October 2019
- 10/09/19 07:09 AM
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.
Inventory
There were 116 homes offered for sale in Cranford in September compared to the 12 month average of 105 homes. 14 homes were sold in September which is a big drop since the 25 homes sold in August and the 47 homes sold in July.
Inventory and sales are variable monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the … (6 comments)
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team zuhl: Clark Real Estate Market Report - October 2019
- 10/09/19 06:45 AM
Let's take a look at how the real estate market in Clark performed in September of 2019.
Inventory:
In September , 16 single family homes were sold and 106 homes were offered for sale, up from 94 homes offered for sale in September of 2018 and compared to the 12 month average of 97 homes offered for sale. To search for listings, please click here.
More homes are offered for sale in the spring and summer than in the winter which explains the peaks and valleys in the red line above, the active listings over the last 6 years. The blue line represents sold … (4 comments)
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team zuhl: Is your Pumpkin Spice Latte standing between you and your First Home?
- 09/02/19 09:37 AM
You may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster.
Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for homeownership faster than you think.
Are you "Mortgage Ready"? Saving for a Downpayment? Here's what you need to know.Originally published at: https://www.simplifyingthemarket.com/en/2019/08/23/a-latte-a-day-keeps-homeownership-away-infographic/?a=35742-bef8b4dd4fe17628f3c756ee9011ef24
… (3 comments)
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team zuhl: You should read the Scotch Plains Market Update Meow!
- 09/02/19 09:21 AM
Team Zuhl are the experts when it comes to buying and selling a home in Scotch Plains. We've studied the real estate market in Scotch Plains and are ready to provide you with the most up to date information regarding your home's worth.
Have you read the Scotch Plains real estate market report for September?
Here's a quick summary of what we've learned:
Inventory:
The speed of a home sale is dependent on home condition, pricing, and marketing. Work with your real estate professional to make sure that your home is priced right and marketed strongly!
Please read the full report for our analysis on what this … (2 comments)
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team zuhl: Scotch Plains Real Estate Market Report - September 2019
- 09/02/19 09:11 AM
Homeowners and home buyers in Scotch Plains are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .
Here’s what’s been happening lately.
Inventory:
35 homes were sold in Scotch Plains in August - compared to the 12 month average of 28.25 homes per month. Inventory is 133 currently listed homes compared to a 12 month average of 147.4 homes.
Click here to view currently listed homes in Scotch Plains.As inventory grows, demand for homes usually drops. This can help to lower prices and/or lengthen how long it takes to sell … (1 comments)
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team zuhl: Rahway Real Estate Market Report
- 09/02/19 08:07 AM
If you own a home in Rahway, or if you want to own a home in Rahway, this is the place to be for information about real estate values this spring.
Here’s what’s been happening lately.
Inventory:
27 homes were sold in Rahway in August, compared to the twelve month average of 28.5 homes sold per month. To search for homes for sale in Rahway, please click here. 103 homes were offered for sale in Rahway in August- compared to the 12 month average of 125.3. As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length … (3 comments)
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team zuhl: Did you hop past the September Linden Real Estate Market Report?
- 09/02/19 07:28 AM
Team Zuhl studies the real estate market in Linden every month to make sure that Linden home owners and home buyers are well educated about what Linden homes are worth. The September real estate market update for the Linden market was published a few weeks ago.
Click here if you missed the September Linden Real Estate Market Update!
Here's a quick summary of what we learned:
Inventory:
Sales appears to have slowed down after a relatively quick summer. Sellers who want to stand out in the inventory will have to price their homes well so that they can sell fast.
Click here to read what this … (3 comments)
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team zuhl: Linden NJ Real Estate Market Report - September 2019
- 09/02/19 07:12 AM
Homeowners and home buyers in Linden are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Linden .
Here’s what’s been happening lately.
Inventory:
Sales appears to have slowed down after a relatively quick summer. Sellers who want to stand out in the inventory will have to price their homes well so that they can sell fast.
What this means for buyers:
Be educated. Learn what kind of home you want. Decide with your family members what you need in a home and what you want in a home. Be informed. … (0 comments)
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team zuhl: Real estate sales are up in Cranford - Who gnu?
- 09/02/19 06:40 AM
Team Zuhl is committed to providing Cranford home sellers and home buyers with the most up to date information regarding your home values. Every month, we publish an in depth analysis of the inventory, sales, and prices of homes in Cranford.
Did you miss September's market report? Click here to read it today!
Here's a summary of what we learned:
Inventory:
Click here to learn what this means for buyers and sellers!
To read more about the real estate market in Cranford, please read our earlier market reports here. For more information on how Team Zuhl can help you, please click here or call us at 908-917-4189.
… (1 comments)
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team zuhl: Cranford Real Estate Market Report - September 2019
- 09/02/19 06:15 AM
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.
Inventory
What this means for buyers:
Be educated. Learn what kind of home you want. Decide with your family members what you need in a home and what you want in a home. Be informed. Spend some time getting to know the inventory. Learn what homes look like in your price range. Learn what home features you can afford. Be ready. Have your pre-approval ready so that you can act quickly when you find your perfect home. What this … (1 comments)
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team zuhl: I couldn't bear it if you didn't read September's Clark Update!
- 09/02/19 05:54 AM
Team Zuhl has been studying the home sales in Clark for many years and is prepared to help you understand how much your home in Clark is worth.
Did you miss the Clark real estate market report earlier this month?
Here's a quick summary of what we learned this September:
Inventory:
In August, 24 single family homes were sold and 104 homes were offered for sale, up from 99 homes offered for sale in August of 2018 and compared to the 12 month average of 97 homes offered for sale.
Homes sell faster when they are:
In pristine and updated condition, Are marketed aggressively, and Are … (3 comments)
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team zuhl: Scotch Plains Real Estate Market Report - August 2019
- 08/23/19 12:22 PM
Homeowners and home buyers in Scotch Plains are smart to learn about the real estate market to help make an informed decision about when to buy and sell a home in Scotch Plains .
Here’s what’s been happening lately.
Inventory:
23 homes were sold in Scotch Plains in July - compared to the 12 month average of 28.6 homes per month. Inventory is up to 151 currently listed homes compared to a 12 month average of 151.3 homes.
The speed of a home sale is dependent on home condition, pricing, and marketing. Homes typically sell slower in the winter than the rest of the year as … (1 comments)
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In March of this year, we first began seeing cases of COVID-19 in our area, in a short time thereafter, businesses and schools were forced to shut down. Along with the shutdown came a drop-off in the number of homes being sold, at least in the early on. As March turned into April, and into the first half of May, the numbers of contract sales (homes entering into Under Contract or Pending status) fell dramatically. April, 2020, saw less than half the number of homes entering into contract compared to the same period in 2019.
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