The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
While FSBO sellers need a flat fee MLS to get exposure to buyers’ agents, the Flat Fee MLS New Jersey FSBO sellers use should meet specific criteria to be worth it. Although New Jersey sellers have many options at their disposal, when it comes to selling your most expensive asset, you want to be sure you can achieve a top-dollar sale for your home while saving on listing and buyer agent commission. With this in mind, the list will reveal the best flat fee MLS for New Jersey sellers.
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Saddle River NJ, Christie’s International Real Estate Northern New Jersey, an exclusive partner of Christie’s International Real Estate, voted Christie’s Affiliate of the Year in 2017 and 2018, and the fastest growing real estate brokerage in northern New Jersey, proudly announced today that 12 Warewoods Road, Saddle River, is currently listed for sale by Realtor® Associates, Zeibour “Susan” Koushagjian, and Kevork “George” Koushagjian, of the Mahwah/Saddle River Sales Gallery. The brokerage notably leads as the #1 real estate brokerage for $1 million + transactions in Northwest Bergen County year to date as per the New Jersey Multiple Listing Service.
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Ridgewood NJ, according to Realtor.com the inventory of homes actively for sale in June decreased by 43.1% over the past year, a lower rate of decline compared to the 50.9% drop in May. A deceleration in the decline of inventory means the market is heading in an encouraging direction, but active inventory still remains at a historically low level. This decline meant there were 415,000 fewer homes actively for sale on a typical day in June compared to the previous year. Nationwide the total number of unsold homes that includes active listings and listings in various stages of the selling process that are not yet sold– is down 20.3% percent from June 2020.
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Ridgewood NJ, Hearty buyer demand throughout the state has been tempered only by the continued lack of inventory across all categories in May, according to housing data from New Jersey Realtors. Prices continue to push higher as the available housing stock drops lower. Across the state, the median sales price for a single family home in May was $435,000, a 24.3 percent increase, equal to a jump of $85,000 over last May. Still, buyers are undeterred, fueled by low mortgage rates that help offset the affordability issue.
Continue reading NJ Realtor: Low Inventory Continues to Fuel Higher Prices
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Ridgefield NJ, a Bergen County, New Jersey, man was sentenced today to 18 months in prison for his role in a multi-year scheme to defraud financial institutions and others, Rahul Agarwal, Attorney for the United States in this matter, announced.
Continue reading Bergen County Man Sentenced to 18 Months for Short Sale Real-estate Fraud Scheme
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Ridgewood NJ, talk to almost any housing expert and they will likely say the housing market is not in a bubble. This is despite home prices soaring to historical highs across the country.
In February, prices surged 12% year-over-year, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index, which is the highest increase since February 2006—right before the housing market crashed, sending home values into a free fall.
Continue reading Housing Prices Race to New Highs ,but Experts say, “it’s different this time “
People typically hire property managers to handle their rental property’s maintenance, operations, and administration. Finding renters and marketing the property are among their most prominent tasks. Property managers work to ensure that their rental rates are competitive, cover overheads and taxes, collect rent, and ensure compliance with the law. While this is a general outline of a property manager’s tasks, their exact duties heavily depend on the type of property they’re managing, their salary, and the contract’s terms. Property managers take on varying roles to help property owners earn a passive income without any hassle. Here’s what property managers do and whether or not you should hire one.
Continue reading What Do Property Managers Do, and Should You Hire One?
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Ridgewood NJ, Christie’s International Real Estate Northern New Jersey announced today that Diane Haroutunian has joined the team of experienced associates in the company’s Ridgewood Sales Gallery at its new, state-of-the-art location at 40 West Ridgewood Avenue. Under the Christie’s real estate brand, the firm serves as an expert in both the art of marketing real estate and the delivery of exceptional client service. The Christie’s International Real Estate network is a global network of more than 31,000 agents in over 940 offices across 48 countries, representing more than $100 billion in annual sales.
The decision to buy a real estate property is a significant one. When deciding to purchase a house, the first question that hovers home buyers’ minds is the affordability and expenses incurred. Answering these doubts requires significant consideration of several elements. Before you decide on buying a great property, you have to learn about the analysis process. You are contemplating the affordability, but you must understand the real meaning of the process and consider various income factors to debt.
Continue reading A brief guide to help you purchase houses for sale Calgary SW
Ravit Advocat of Christie’s NNJ Closter Office represents sale of Ronny Piotraut’s family home in Tenafly
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TENAFLY NJ, Christie’s International Real Estate Northern New Jersey, an exclusive partner of Christie’s International Real Estate, voted Christie’s Affiliate of the Year in 2017 and 2018, and the fastest growing real estate
brokerage in northern New Jersey, announced that 99 E Clinton is currently listed for sale by Realtor® Associate Ravit Advocat of the Closter Office. This custom-built work of art was meticulously designed by
the owner and distinguished architect, Ronny Piotraut.
Continue reading Christie’s Lists Renowned Architect’s Modern Masterpiece Home
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Ho-Ho-Kus NJ ,Christie’s International Real Estate Northern New Jersey announced today that Megan Fox and Maxwell Stokes are joining forces, creating the Fox and Stokes partnership with the goal of delivering the next level of service to their customers. For many years, Megan Fox and Max Stokes of the Christie’s Ho-Ho-Kus office have been known as highly respected, top producers in northern Bergen County. “In this growth and expansion of our business, it was so important to us to form a partnership based on mutual values and true personalized dedication to our clients,” say both Megan and Max.
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Trenton, N.J. (May 28, 2020)—As expected, housing market numbers in April were down in almost every category, except price.
According to data aggregated by New Jersey Realtors from the eight multiple listing services in the state, while new listings, pending sales, closed sales, and homes for sale are down double digits, prices are stable and on the rise.