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Realtor.com®’s February Housing Data: Buyers Face Affordability Constraints

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Ridgewood NJ, according to Realtor.com®’s February housing data, the inventory of homes for sale continued to grow, driven by homes spending more time on the market as buyers continued to face affordability constraints. A few larger metros also saw inventory increase above pre-pandemic levels. Selling activity continued to decline, with fewer newly listed homes compared to last year, despite an uptick in seller sentiment seen in January.

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Year-end Housing Data Shows New Jersey Market Softening

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the staff of the Ridgewood blog

Trenton NJ, New Jersey Realtors Association , “The 2022 market has softened due to the rise in interest rates and elevated home prices,” said 2023 New Jersey Realtors President Nick Manis. “But there’s still buyer interest and activity on the inventory that is available.”

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Important Factors to Consider When Buying a Multifamily Home

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Buying a home can be a very long and stressful affair even when it comes to regular homes. The process can get very overwhelming very quickly if you’re not careful about it. This also applies to multifamily homes, except there’s even more things to keep in mind compared to normal homes. Multifamily homes, generally speaking, are a much bigger involvement than regular ones, quite literally. They’re more expensive and require more maintenance, and organizing them can be quite difficult. With all of this in mind, there are factors to keep in mind when looking for a multifamily home. In order to help you out during the buying process, we’ve put together a list of important factors to consider when buying a multifamily home.

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Home Exterior Design Trends and Inspirations for Your New Jersey Home

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Adding a well-designed and modern home exterior to your New Jersey house is an excellent way to increase curb appeal and make your house stand out from the crowd. Whether you’re looking for something classic, modern or unique, there are plenty of options for creating an attractive home exterior design. To help you in making the perfect exterior for your home, here are some of the top trends in New Jersey right now.

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Can You Afford That Home Equity Loan?

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You’ve worked to build up all this equity in your home, and now you want to tap into it with a home equity loan. It’s a financial move that scores of people make every day. But have you considered whether you can afford that home equity loan? You should, and here’s why.

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Iconic Mediterranean Villa Style Home Goes On Sale in Ridgewood

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the staff of the Ridgewood blog

Ridgewood NJ, one of Ridgewood’s iconic homes with amazing curb appeal on one of the most beautiful streets in town. Only the 2nd time offered in over 50 years. This Mediterranean Villa style home sits on a sprawling .80 acre of level property.

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Pros & Cons Of Eviction Process For Landlords

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The eviction process is a difficult one, both for landlords and tenants alike. It’s important to understand the potential impacts of evicting a tenant on your rental property, as well as the implications that it could have on your relationship with that tenant. In this blog post, we’ll explore some pros and cons of the eviction process for landlords and tenants. 

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US Sees Record Deceleration in Home Prices

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the staff of the Ridgewood blog

Ridgewood NJ, Home prices are still higher than they were a year ago, but gains are rapidly decelerating at the fastest pace on record. Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is down from a 15.6% annual gain in the previous month. The 2.6% difference in those monthly comparisons is the largest in the history of the index, which was launched in 1987, meaning price gains are decelerating at a record pace

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Top Five Flat Fee MLS Companies in NC

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A flat fee MLS in North Carolina is what it sounds like: a company that lists your home for a flat fee, which is a few hundred dollars. MLS stands for Multiple Listing Services, a service with which your house gets listed on your local real estate market database. The primary directory for active listings is only accessible to agents but using flat fee MLS you can get your house listed FSBO without having to hire a real estate agent. Your listing is also integrated on real estate websites like Redfin, Realtor.com, Trulia, and Zillow.

The value of homes in North Carolina averages out to USD 322,986. So, if you are selling your house in NC traditionally, you have to pay about 6%, that is, USD 19,380 as agent commissions. You can eliminate this cost entirely or at least by half by working with a flat fee MLS in North Carolina, a strategy that’s also worth considering if you’re planning to Sell my house St Louis and want to save thousands of dollars.

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Reasons Behind Coliving in NYC

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In a city where such possibilities are currently missing, coliving has arisen at the perfect moment to provide individuals cheap and flexible housing options. The normal cost of a 1-bedroom in New York City is $2,892, whereas the average cost of a private room in a coliving arrangement is $1,600. This is far less than the former and you are more likely to jump at this option but before then, it is important we understand the term coliving if you are not yet familiar with it.

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Christina Gibbons Group of Ridgewood Hires First Chief Revenue Officer to Fuel the Next Stage of Growth

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the staff of the Ridgewood blog

Ridgewood NJ, top producing real estate team Christina Gibbons Group (CGG) of Christie’s International Real Estate announces the appointment of Matthew Mastrangelo as Chief Revenue Officer (CRO). Mastrangelo, a seasoned sales and marketing executive, will oversee the Group’s sales operations and all revenue-generating efforts with a strategic focus on territory expansion and driving growth.  Continue reading Christina Gibbons Group of Ridgewood Hires First Chief Revenue Officer to Fuel the Next Stage of Growth

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Christie’s Real Estate Rolls Out New Award-Winning Technology for agents and clients alike

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Ridgewood NJ,  In mid-August, in the presence of more than 800 agents, Christie’s International Real Estate Group, serving New York, New Jersey, and Connecticut, launched the Christie’s International Real Estate 2022 Inman Innovator Award winning technology, pl@tform™. Executive Vice President, Sonja Cullaro discusses this game changing advancement.

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10 Best Garage Conversion Ideas

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There’s always a fantastic approach to turn an empty space in your house into something useful. The average home and residential location has a garage within its lot. A garage was originally designed to be the permanent residence of one’s car. But what if you don’t own a vehicle that requires a home? Is there anything more you can do to fill up your vacant garage area?

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How Do I Program My Garage Door Opener Remote? (All Brands)

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A garage door opener is a device that allows you to open or close your garage door automatically using a keypad or a remote control. The remote control sends radio waves to the receiver in the automatic opener, which is usually located inside the garage. The frequency of radio signals transmitted between the opener and the keypad or remote.

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Guide To Garage Door Safety Sensors

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Garage door safety sensors are extremely important, and they must now be installed on all garage door openers. Getting safety sensors is often regarded as the most intelligent approach. Garage door safety sensors become disregarded if they’re filthy or haven’t been maintained.

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