real estate: 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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real estate: 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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real estate: 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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real estate: 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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real estate: Buying a home? Know about Radon!
- 01/10/17 01:28 PM
So, you're in the market to buy a home. You've decided that you want your own place to raise your family. So, don't you want your family to be as safe as possible in your new home? Of course you do! So when you finally find your dream home, you'll want to make sure that your home inspector performs a Radon test.
What is Radon, you ask? Radon is a naturally occurring, radioactive gas that is harmless in small concentrations. While it is emitted pretty much everywhere, certain parts of New Jersey contain higher concentrations than others. Radon, however, is not something … (6 comments)
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real estate: Under Contract!!! 2264 Elizabeth Avenue, Scotch Plains
- 12/01/16 07:09 AM
Team Zuhl
&
Are proud to announce that the property at 2264 Elizabeth Avenue, in Scotch Plains is Under Contract and is expected to close by December 30, 2016.
This spacious Split Level home features hardwood floors, multi-zone heating and cooling, Formal Dining Room, 4 bedrooms, 2 full and one half baths, an oversized 2 car garage and much, much more.
If you or anyone you know wants to get your home sold for the most money in the shortest time possible, please have them contact Team Zuhl, where everything we touch, turns to SOLD!!!
… (5 comments)
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real estate: Great news!!! Trader Joe's in Westfield is re-opening!
- 11/30/16 08:26 AM
Great news for Union County residents! The Trader Joe's store in downtown Westfield has rebuilt and is re-opening this Friday, December 2nd.
The store closed in late January of 2016 when the roof collapsed after a heavy snowfall. The building was demolished in February and construction began in June to rebuild the store.
A sign showed up at the Trader Joe's in Millburn last week announcing that the Westfield store would be reopening.
The Westfield store is an area favorite. Get ready those Trader Joe's specialties! Stock up on that Three Buck Chuck!!!
Doors will be opening at 8am, Friday morning! … (4 comments)
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real estate: Scotch Plains Market Update - November 2016
- 11/12/16 01:17 AM
If you’re thinking about buying or selling a home in Scotch Plains, the first step you should take is to educate yourself about how the real estate market is doing in Scotch Plain.
Here’s what you need to know for November, 2016.
Inventory: There are currently 118 single family homes offered for sale in Scotch Plains ranging in price from $179,900 to $2,524,900. Twenty-six homes were sold in October which is about 19% lower than the average over the last 12 months.
This past summer had an average inventory for Scotch Plains. However, the number of sold homes is on the rise, good news for Scotch Plains sellers!
Prices: In October 2016, the … (3 comments)
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real estate: It's that time of the fall...
- 11/03/16 05:59 AM
This Sunday, November 6th at 2am, you'll need to set your clock back one hour as Daylight Savings Time comes to an end and we resume Standard Time. So, before going to bed Saturday, remember to set those clocks back an hour (your computers and phones should do so automatically) and enjoy the "extra" hour of sleep that you'll be getting.
Daylight Savings Time was officially adopted in the United States in 1918. Only 2 states, Indiana and Arizona (except Navajo Nation lands) do not use Daylight Savings Time. There are several arguments for DST, in particular, energy savings and not having … (11 comments)
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real estate: Back on the Market!! 288 Oregon Street, Union
- 10/31/16 05:15 AM
Team Zuhl
&
Are happy to announce the home at 288 Oregon Street is back on the market. This 2 family consists of a total of 6 bedrooms and 2 full baths. This is an investor's dream. In need of a total rehab, a buyer could turn this diamond in the rough into a shining star of an investment property!
Listed now at the bank approved price of $126,000!!!
For more information, contact Team Zuhl today!
… (2 comments)
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real estate: Clark Public Library is celebrating 50 years in their location!
- 10/27/16 05:39 AM
In 1966 the Clark Public Library moved from a storefront in a strip mall to the building on Westfield Avenue where it now resides. The current building has changed having a major addition several years ago. But on Friday, November 18th the Library will formally celebrate 50 years in the same location.
The 21 and over only event runs from 5:30pm to 7:30pm. Wine and cheese will be served. The event will be themed around 1966. There will be "groovy" music, a 50/50 and lots of interesting things from 1966 on display.
There will be flash cubes (you're dating yourself if you know … (1 comments)
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real estate: Price Adjustment!!! 2264 Elizabeth Avenue, Scotch Plains
- 10/16/16 04:48 AM
Team Zuhl
&
Are excited to announce a new price for the property at
2264 Elizabeth Avenue in Scotch Plains.
The home is now priced at ONLY $499,900!!!
This stunning 4 bedroom, 2 and a half bath split level home that has so many great features. The beautiful hardwood floors have been refinished, the house is freshly painted and features a lovely Master Bedroom Suite with a large walk-in closet, en-suite bath with a jetted tub. The house also features a fenced rear yard, parking for 4 cars a built in 2 car garage with one oversized. Lots of updates! Close to restaurant's, shopping, downtown Westfield, Fanwood and … (7 comments)
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real estate: SOLD!!! 70 Osborne Place, Cranford
- 10/06/16 02:21 AM
Team Zuhl
&
Are proud to announce that the home
at
70 Osborne Place
In Cranford
Has SOLD!!!
This lovely 4 bedroom, 1.1 bath Cape Cod style home has been redone on the interior. We are hopeful that the new owners will enjoy their new home and Cranford living. Conveniently located near shopping, mass transit and easy access to the Garden State Parkway. In move in condition! Low taxes!
The home has SOLD for $390,000 in 83 days!!!
That is great considering that it was listed for $399,000 and sold for 98% of the list price!
So if you or someone you know wants to get their home SOLD for the most money … (5 comments)
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real estate: SOLD!!! 1525 Clinton Avenue, South Plainfield
- 09/22/16 11:59 PM
Team Zuhl
&
Are proud to announce that the home
at
1525 Clinton Avenue
in
South Plainfield
Has SOLD!!!
This lovely 3 bedroom, 2 bath split level home features an open floor plan, beautiful hardwood floors and a spacious kitchen overlooking the back yard. There is a lovely screened in porch, a pool and a fenced rear yard. The large master bedroom features an en-suite bath with a stall shower. A great home for entertaining. Near shopping, mass transit and there is easy access to Route 22 and Route 287. In move in condition! Low taxes!
The home has SOLD for $265,000 in ONLY 42 days!!!
That is great considering … (2 comments)
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real estate: Prices up in Scotch Plains - August 2016
- 08/01/16 12:33 AM
Scotch Plains is currently experiencing a very strong real estate market. Here's what you need to know for August, 2016.
Inventory: There are currently 170 single family homes offered for sale in Scotch Plains. In the graph below, you can see that summer inventory is often high and this summer is no exception. In the graph below, the blue line represents the inventory over the past 4 years and it's plain to see that summer inventories are typically high and winter inventories are typically low. Faster home sales this summer will reduce the inventory in the next few months.
There were 34 homes sold … (1 comments)
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real estate: Rahway Real Estate Market Report - July 2016
- 07/08/16 01:57 AM
The city of Rahway is located in southern Union County, NJ, and is home to more than 27,000 people. Here's what you need to know if you are a Rahway home owner or home buyer.
Inventory:
There are currently 213 single family homes offered for sale in Rahway. While the inventory is increasing compared to recent months, it is lower than June of 2015 when 232 homes were offered for sale and June 2014 when 221 homes were on the market. Decreasing inventory is typically a sign of a stronger market as fewer homes on the market tend to increase home values.
Nineteen homes … (2 comments)
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real estate: Clark Real Estate Market Report - July 2016
- 07/02/16 03:21 AM
This is the real estate market report for Clark, NJ, for July 2016.
Summary:
Active Listings: 104 single family homes Sold in June: 16 Average Days on Market: 52 Average Sale Price: $473,244
If you are a buyer or a seller interested in a home in Clark, New Jersey, please call Team Zuhl! We're happy to help you in all of your real estate needs!
For more information on selling a home:
3 Simple Steps To Selling Your Home Fast - 03/26/12 4 Ways to Get Union County Homes to Sell Quicker!! - 01/12/12 For more information on Clark and Clark Real Estate:
Clark Real Estate Market Report - … (1 comments)
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real estate: Cranford Real Estate Market Report - July 2016
- 07/01/16 11:28 PM
Here's what you need to know about the real estate market in Cranford, NJ, this summer.
Inventory:
106 homes currently listed 30 homes sold in June, 2016 Important to note: Inventory is increasing slightly but the number of sold homes is increasing at the same pace. Prices:
Average sale price in June - $471,750 4% higher than June 2015
If you’re planning on selling your Cranford home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Cranford, call us today!
For more information on Cranford Real Estate:
Sold! 55 South Union Ave, Cranford Cranford … (2 comments)
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real estate: Rahway Real Estate Market Report - June 2016
- 06/17/16 12:44 AM
The city of Rahway is located in southern Union County, NJ, and is home to more than 27,000 people. Here's what you need to know if you are a Rahway home owner or home buyer.
Inventory: There are currently 206 single family homes offered for sale in Rahway. The inventory in May of 2015 was 226 homes so a slight decrease in inventory may have an small impact on prices. There were 24 homes sold in May which is exactly equal to the 12 month average of homes sold since May 2015. The light blue trend line represents the active listings trend … (2 comments)
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real estate: Linden Real Estate Market Update - June 2016
- 06/16/16 04:48 AM
The city of Linden is located in southeastern Union County and is home to nearly 41,000 people. Here's what you need to know about Linden real estate this month.
Inventory: There are currently 268 homes listed for sale in Linden which is about equal to the 12 month average and slightly lower than May of 2015. Nineteen homes were sold in May - nearly 30% lower than the 12 month average and 17% lower than May of 2015. Linden is currently experiencing a strong buyer's market and home sellers who are interested in selling their home may want to consider ways to make … (2 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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