James Boyer's Blog: Summit NJ Real Estate
How To Get The Best Deal On Summit NJ Real Estate
These simple things could save you tens of thousands of dollars on Summit NJ Real Estate!!
As a home buyer who wants to make sure he / she gets the best possible deal on purchasing a home in Summit NJ, but like most home buyers you don't want to go though major renovations (at least not right away). Short of looking for foreclosures and such things, which everyone starts off talking about, I will give you the tried and true things which will get you a home at a great deal.
What to look for physically: Look for homes which are structurally sound, your not going to have to rebuild things, tare things down, go get a home equity loan to pay for repairs. These homes you want to find, have little curb appeal because the home owner has not taken care to keep…
The Summer Midtown Direct NJ Real Estate Market
The summer real estate market is here, as a REALTOR I can just feel it. People who were regularly looking at homes now have to be convinced to take time out of their evening or weekend to go out and look at homes. When you can convince them to go look, rather than looking at 5 or 6 homes, now they are only willing to look at 2 or 3 homes.
If this year holds true to the typical summer trend the midtown direct real estate market will feel like it has almost shut down for the rest of June and most of July.
This means a great opportunity for those home buyers who are willing to take some time during this very slow time of the market. You may be the only buyer who looks at a home for a 3 or 4 week period. if you like that home, and make a offer, it is…
Read Full PostTail Of A Happy Home Seller
In these times of homes for sale sitting on the market for 90 to 180 days, many times not selling at all, it is such a pleasure when as a REALTOR you get the chance to work with a home seller who is willing to listen to everything you advise them of and actually follow your advice.
I got to experence this once again recently. I went to the potential clients home, and gave them my honest opinion on the condition of their home and how likely I thought it was that it would even attract a offer at all. The home owners and I made up a list of improvements which they could complete in 3 weeks time and then we put the list into a priority order. The home owners worked the list diligently and at the end of the 3 weeks almost everything on the list was…
Read Full PostHow The Midtown Direct Train Line Affects Home Prices
Many people who live in one of the Midtown Direct towns already may know this, but that train line really helps property values. It looks like in the future the Midtown Direct train line will enhance property values even more than it does today.
With fuel prices looking like they will be $3 or higher for the foreseeable future and more and more people trying to be eco friendly there are going to be more and more people wanting the ability to walk or bike to a train station so that they can commute into New York City or some of the Eastern New Jersey cities.
When looking for a home in Northern New Jersey, you would be very wise to keep this trend in mind and give the train line towns extra consideration.
To read more on this subject you should visit…
Read Full PostSpring In The Summit NJ Real Estate Market
It is really winter as I write this but when it comes to the Summit NJ Real Estate market it sure does feel like spring to me. Call after call from buyers looking for this, or buyers looking for that, not your normal January & February market.
Not sure how all the other REALTORs out there are doing, but I have heard from a few that they feel the same thing I am feeling, so something is up.
Here are the current Summit stats for 02/17/2008
$ 267,500 Lowest priced Summit NJ Home Currently For Sale
$10,500,000 Highest Priced Summit NJ Home Currently For Sale
$ 1,089,165 Average Summit NJ Home Currently For Sale
$ 789,000 Median Summit NJ Home Currently For Sale
If you would like to see the homes which sold in 2007 visit Summit NJ…
Read Full PostSummit NJ Homes For Sale
There are 119 Summit NJ homes for sale as of Feb 14th 2008. These last 12 months have been a bit of a roller coaster ride as you can see from the chart.
As you can see on the chart of actual home which transferred to their new owners, lots of homes sold in the spring of 2007 market, but the late summer and fall market in Summit NJ was not so good. This is likely due to the credit crunch we experienced in August - October of 2007.
The 2008 real estate market in Summit NJ sure does seem stronger than the 2007 market felt at this point.
If you would like to take a look at the homes which are available for sale now be sure to take a look at Summit NJ Homes For Sale.
Read Full PostHow Do New Jersey Home Buyers Search For Homes.
Or better said, how do New Jersey home buyers search for homes on the internet. Many times they will go to such places as REALTOR.com or to one of the third party companies who put some of the listings up hoping to draw people to there websites.
Usually though they go to places like Google and do a search. What do they search though? Usually they search something that just comes naturally, something like New Jersey MLS Search or Search The New Jersey MLS.
What does the National Association of REALTORS want the public to think of when they want to search for homes?
They want the public to think of some thing like:
Search New Jersey Homes For Sale
But how likely is it that the National Association of REALTORS is going to be able to get the public…
Read Full PostWhat Do New Jersey Home Buyers Want??
Many home sellers here in New Jersey seem to be totally in the dark about this question. These home sellers do not seem to understand that today's home buyer does not wish to deal with contractors, trying to be creative in figuring out how to update a home which has not been up to date since it was built 30 to 50 years ago.
Today's New Jersey home buyer is looking for the following:
- Fresh and contemporary colors
- New or newer appliances in the Kitchen
- New or in very good shape cabinets in the kitchen which accentuate the positives of the home not the negatives of the home.
- Up to date bathrooms.
- Great curb appeal, many times a home buyer will not even go into a home which does not have this.
If you look at your home with a…
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James Boyer, is a resident of Morris Township in Morris County New Jersey and Specializes in listing and selling homes in Morristown, Morris Township, Madison, Florham Park, Chatham, Summit, Short Hills, Millburn, Maplewood, & South Orange New Jersey and Morris Essex & Union County Real Estate. Read More
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