summit: 5 reasons you don't want to wait until Spring to sell your home
- 10/07/13 10:39 PM
5 reasons you don't want to wait until Spring to sell your home This time of year, everyone seems to hunker down for Fall and Winter and put home selling plans on hold until Springtime. This may cost you serious money and inconvenience.
Why is Fall and Winter a terrific time to list your home for sale? Less competition. Most homeowners in the Summit, Chatham, Madison area feel that Spring is the ideal time to list and sell their home. Most will wait for March, April or May. That means there are fewer homes on the market for … (2 comments)
summit: Reality check ... real estate market update for Short Hills, Summit, Chatham, Madison, NJ
- 10/08/10 01:49 PM
Reality check ... real estate market update for Short Hills, Summit, Chatham, Madison, NJ As a realtor in Summit, NJ serving a select number of communities, namely Short Hills, Chatham, Madison, New Providence, Livingston and nearby communities I obviously monitor real estate activity daily. Sometimes, though, it's better to step back and look at longer time periods to understand the trends. At our Keller Williams market center in Summit, NJ, we pull all the stats for homes for sale, sold for Chatham and Madison, among others, and compare it to the previous year. Here is an overview: Chatham Boro homes pending … (2 comments)
summit: Summit, Madison, Chatham, NJ real estate update
- 03/11/10 02:14 PM
Summit, Madison, Chatham, NJ real estate update Summit, NJ real estate update This year there are more closings but the average sales price has dropped to $697,258. I believe this is a temporary phenomenon indicating the lower end of the market has been very active, more so than the higher end. Generally this converts into move up buyers and higher average sales prices in the following months. We'll follow this one and report next month. Also, this year we have double the number of properties under contract, with average prices 8% higher than this time in 2009, at $848,670. Chatham, NJ … (0 comments)
summit: HOME BUYER TAX CREDIT SPECIFICS for NJ HOMEBUYERS
- 02/11/10 07:31 AM
HOME BUYER TAX CREDIT SPECIFICS FOR NEW JERSEY HOME BUYERS With the home buyer tax credit expiration date less than 85 days away, buyers must understand the "tax terms" and "legalese" of the federal home buyer tax credits available.Trade-up does not necessarily mean trade-off The Worker, Homeownership and Business Assistance Act of 2009offered a new $6,500 tax credit to current homeowners on the purchase of a new primary residence. However, the law does not require sale of the current home. Therefore in aspiring to "trade-up," a family does not necessarily have to give up the fond memories of the former … (0 comments)
summit: Chatham Real Estate Sales Information for 2008
- 01/28/09 09:24 AM
Recently I read a book by Laurie Moore-Moore, founder of the Institute for Luxury Home Marketing. A very smart lady and a very insightful book! In it, she suggested looking at sales during a certain period (in this case I'm going to choose 2008) to see how many "real buyers" were in the market and which price ranges performed better or worse than others. So, here is this report for homes and condos sold in Chatham Township, New Jersey in 2008. This information is garnered from the Garden State Multiple Listing Service and is deemed to be accurate but not guaranteed. … (0 comments)
summit: Which remodeling projects pay off the most?
- 12/05/08 12:43 PM
Every year Realtors across the country help compile the National Association of Realtors' Remodeling Cost vs Value Report which helps us understand the "market" value of renovations and additions. This report, this year, highlighted that Curb Appeal is more important than ever! For example, the most "profitable" project nationwide was upscale fiber cement siding (such as Hardy Plank) which recouped 86.7% of costs. Wood decks followed at 81.8%. Now, if your house does not need new wood siding, perhaps a fresh coat of paint will do the trick of enhancing your curb appeal. Check with your realtor as to what are … (0 comments)
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5 reasons you don't want to wait until Spring to sell your home
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