real estate: The New Jersey Skinny for Q3 - 2015...Steady As She Goes! - 10/26/15 02:24 AM

The New Jersey Skinny
Q3 - 2015
Steady As She Goes!
The 3rd Quarter for 2015 is already over.  Holy cow!  Where does the time go?  Before you know it, we'll be eating turkey and bundling up.  But the real estate market in New Jersey is still steady.  Median prices statewide remained steady, year-over-year for the 3rd straight season.  Inventory levels have dipped, while pending and closed sales were up.  What does this mean?  Check out this quarter's New Jersey Skinny to find out!!
Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things … (2 comments)

real estate: The New Jersey Skinny - Report for August, 2015 - 09/05/15 01:55 AM

The New Jersey Skinny - Report for August, 2015
Supply and Demand
Last months numbers are a lesson in simple economics.  Overall, supply was down with fewer listings on the market.  However, the number of pending sales and closings was up slightly.  This combination is a forecast for rising home prices.
The sales data did bear this result, with prices creeping up, a higher list-to-sales-price ratio, and a decrease in the absorption rate.
Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things are headed throughout the year.
 
If you are thinking about making … (0 comments)

real estate: Cranford, NJ Home Prices July, 2015 - 07/14/15 01:08 PM
Cranford, NJ Home Prices
July, 2015
Real estate market data for Cranford, NJ provided by Tg Glazer of Coldwell Banker, Westfield-East.
 
Cranford, NJ Home Prices - Steady Summer 
The real estate market in Cranford, NJ continues its steady summer.  Activity has continued to increase at a reasonable pace, as have prices.  If you are considering buying a home in Cranford, NJ, there are plenty of things to consider, so having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the … (0 comments)

real estate: The New Jersey Skinny Report for May, 2015 - 05/22/15 12:02 AM

The New Jersey Skinny
Report for May, 2015
Pending Sales Up!
As we move into the second quarter of 2015, the real estate market in New Jersey is fully entrenched in the spring market.  Pending sales are up year-over-year, while the available inventory has lagged a bit behind.  What does this mean?  Simple supply and demand dictates that this will put upward pressure on prices.  This is, indeed, the case, with the median home price up 4.2% over 2014.
Indications are that more inventory will still become availble and the market will remain active and healthy.
Keep an eye on stats such as Days on Market, … (1 comments)

real estate: The New Jersey Skinny Report for April, 2015 - 05/02/15 02:50 AM

The New Jersey Skinny
Report for April, 2015
The Ups and Downs
While national stories have highlighted an increase in pending sales and new construction, we all know that real estate is local.  So, what is the story for the New Jersey real estate market?  
Last month, pending sales were up, while listings were slightly down around New Jersey.  So, what does this mean for prices?
Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things are headed throughout the year.
 
If you are thinking about making a move or have any real estate … (3 comments)

real estate: The New Jersey Skinny 1st Quarter, 2015 - Inventory Needed! - 04/23/15 12:46 AM

The New Jersey Skinny
1st Quarter, 2015
Inventory Needed!
Predictions for 2015 have a mixed bag after the first quarter.  While pending sales were up, indicating more activity in the market, there is still a lack of inventory in many markets.
This need for listings means that there is less for the Buyer pool to choose from, which puts upward pressure on prices.  This is shown by the increase in the list price to sales price ratio.
Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where things are headed throughout the year.
 
If you are … (0 comments)

real estate: Foreclosure Education Forum To Be Held Next Week - 04/18/15 12:56 AM
Foreclosure Education Forum
To Be Held In Union County
Next Week
On Thursday, April 23rd, the Union County Human Relations Commission and the Union County Foreclosure Task Force will be holding an educational forum in cooperation with the New Jersey Public Defender's Office and the Union County Superior Court.
The program, entitled "Foreclosure:  Moving From Fear To Positive Action," will provide guidance to property owners fearing, or trying to avoid, foreclosure.
The event is free to attend and will be held at the Shiloh Baptist Church, 515-521 W. Fourth Street in Plainfield from 6:00-7:30pm.
There will be an overview of the state's foreclosure mediation program, … (1 comments)

real estate: Cranford, NJ Home Prices - March, 2015 - 03/28/15 05:19 AM
Cranford, NJ Home Prices
March, 2015

Real estate market data for Cranford, NJ provided by Tg Glazer of Coldwell Banker, Westfield-East.
 
Cranford, NJ Home Prices  
The real estate market in Cranford, NJ continues it's slow start this year.  New homes coming on the market have continued to lag behind last year's pace.  Even so, the market indicators are looking up, and moving forward.  If you are considering buying a home in Cranford, NJ, there are plenty of things to consider, so having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of … (1 comments)

real estate: The New Jersey Skinny - Report for February, 2015 - 02/25/15 04:08 AM

The New Jersey Skinny - Report for February, 2015
Excitement in the Air
Although the real estate market for the state of New Jersey started slowly, the combination of low interest rates, new sales, new inventory, and new construction spell excitement!  
Forecasts for 2015 continue to indicate that while Buyers will be out in force, taking advantage of historically low interest rates "while the getting is good," inventory rates will keep up with demand.  Prices will rise (while not at the crazy rates of the early 2000's), and the market will feel "healthy."
Keep an eye on stats such as Days on … (2 comments)

real estate: Home Prices in Cranford, NJ for February, 2015 - 02/16/15 07:14 AM
Cranford, NJ Home Prices
February, 2015

Real estate market data for Cranford, NJ provided by Tg Glazer of Coldwell Banker, Westfield-East.
 
Cranford, NJ Home Prices  
The real estate market in Cranford, NJ started 2015 softly.  Although prices were down, activity was markedly up.  Traffic being reported at open houses has been very brisk, and the media reports of first-time homebuyers starting to really be a factor are panning out.  If you are considering buying a home in Cranford, NJ, there are plenty of things to consider, so having a good real estate agent who understands the market is a must.  Homes that are priced right are … (3 comments)

real estate: The New Jersey Skinny - Report for January, 2015 - 01/29/15 01:11 AM

The New Jersey Skinny - Report for January, 2015
Normalization is the Word
In the year end review for the state of New Jersey, "normalization" is the key word.  While 2013 saw many steep gains and a lack of inventory, 2014 saw a return to some more stable levels.
Forecasts for 2015 indicate that while Buyers will be out in force, taking advantage of historically low interest rates "while the getting is good," inventory rates will keep up with demand.
Keep an eye on stats such as Days on Market, Absorption Rate, and List Price-to-Sales Price Ratio for insights into where … (0 comments)

real estate: Cranford, NJ Named One of the State's Safest Towns - 01/16/15 11:10 PM
Cranford, NJ Named One of the State's Safest Towns
In a recent article at ValuePenguin.com (a site devoted to personal finance research and analysis), Cranford, New Jersey was named the 8th safest mid-sized city in all of the state.  For those of us who live there, this is not a surprise.
Cranford, NJ is a community of neighbors, always looking out for each other.  It's size and layout make for the perfect suburban experience.  Homes in Cranford, NJ are not so far away from each other that you don't know your neighbors, which really promotes a feeling of community.  And with a … (1 comments)

real estate: Coldwell Banker Westfield East Office #1 Again! - 01/07/15 04:16 AM
Coldwell Banker Westfield East Office #1 Again!
I am very proud to announce that my office, Coldwell Banker Residential Brokerage Westfield East (not to be confused with Westfield West!), has been named the #1 office in the nation!
This is the fifth consecutive year that we have garnered this honor, from among 710 Coldwell Banker offices owned by parent company NRT, Inc., nationwide.  Additionally, we have maintained the #1 spot regionally for over 20 years....quite an accomplishment!!
So, as a Buyer or a Seller, you are saying to yourself, "Big deal!  Why should I care?"  Good question!
As a Seller, you … (0 comments)

real estate: Cranford, NJ Market Report - December, 2014 - 12/15/14 03:07 AM
Cranford, NJ Market Report
December, 2014
Heading into the home stretch!
Here we are once again, deep in the throes of holiday shopping season.  While visions of sugar plums dance in the heads of some, others have visions of a new home for the new year!
While the numbers in November year-over-year were pretty static, we head toward the end of 2014 on a positive note for the Cranford, NJ real estate market.
Through November, the number of closed sales is up 13% over last year, while the number of days on the market is down 13%.  In other words, more homes have … (1 comments)

real estate: Cranford, NJ Market Report - November, 2014 - 11/24/14 01:42 AM
Cranford, NJ Market Report
November, 2014
Cranford isn't resting on it's (holiday) laurels!

The holidays are upon us!  The leaves are out at the curbs, the lights are beginning to shine, and I can practically taste the turkey!  But the Cranford, NJ real estate market is not showing signs that it'll be passed out, drooling on the couch like your uncle after he packs away a little too much sweet potato casserole on Thursday!
The data shows that the Cranford, NJ real estatate market remains strong and active.  This information has been supported by very active open houses, and attendence by new Buyers.
(1 comments)

real estate: Cranford, NJ Market Report - October, 2014 - 10/21/14 03:40 AM
Cranford, NJ Market Report
October, 2014
Fall is a time for change.  The kids are back in school (woo hoo!!), the trees are putting on a spectacular show of color, and even though it's the middle of October, I'm already seeing Christmas displays!!
The Cranford, NJ real estate market is changing, too.  We are now in the post-summer spike in home sale activity.  This bump usually last a few months, until the holiday season is really in full swing.
While the year-over-year statistics (that is the numbers for Sept. 2014 compared to Sept. 2013) for the Cranford, NJ real estate market could … (1 comments)

real estate: The New Jersey Skinny - Report for July, 2014 - 08/25/14 04:33 AM
The New Jersey SkinnyJuly, 2014
Steady as she goes....
 
Year-over-year, the New Jersey real estate market has remained fairly steady.  Changes in the various indicators may be up or down, but at relatively insignificant amounts compared to the previous few years.
 
However, as we know, all real estate is local.  So, if you would like specific information about your town's market, please CONTACT ME!
 
 
 
 

(2 comments)

real estate: The New Jersey Skinny - Second Quarter, 2014 - 07/24/14 07:10 AM
The New Jersey SkinnySecond Quarter 2014Growth Continues!
The second quarter numbers are now in for the 2014 New Jersey real estate market.  There is lots of positive news regarding jobs and the overall economy.
On the heels of that is some additional good news for the overall housing market.
 
Thanks to 10K research and the New Jersey Realtors®, this comprehensive short video will give you all the information.  If you would like specific information about your town's market, please CONTACT ME!
 

(1 comments)

real estate: Cranford, NJ Market Report - May, 2014 - 05/21/14 12:30 AM
Cranford, NJ Market Report
May, 2014
Spring has finally arrived, although a little wet.  Those April showers have certainly lingered into May!
The real estate market in Cranford, NJ has been stable and remains strong.
Year-over-year, the median sales price for a single family home in Cranford was up 13.7% to $415,000.  This is also an increase of 23.9% over last month, so things are looking good this spring.
All of the other key metrics have been relatively stable over the last couple of months.  The number of new listings and current inventory has remained basically the same, while the number of … (1 comments)

real estate: Cranford, NJ Market Report - April, 2014 - 04/16/14 02:22 AM
Cranford, NJ Market Report
April, 2014
Spring has started to appear, and the Cranford, NJ real estate market is finally starting to see the signs.  While the brutal winter had fewer Sellers putting their homes on the market, leading to a shortage of inventory for the many Buyers looking, more properties are finally starting to become available.  This is leading to a little more balanced market.
View Tg Glazer's Market Videos
Open house attendence has continued to be robust, indicating that there are plenty of Buyers out there.  Now that there are more homes for purchase, the spring real estate market in … (4 comments)

 
Tg Glazer -  The Right Realtor® for the Right Results!, Westfield/Cranford, NJ area (Coldwell Banker, Westfield, NJ)

Tg Glazer - The Right Realtor® for the Right Results!

Westfield/Cranford, NJ area

Cranford, NJ

More about me…

Coldwell Banker, Westfield, NJ

Address: 209 Central Ave., Westfield, NJ, 07090

Office: (908) 233-5555

Mobile: (732) 682-7299

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