The peak time for selling a home doesn't end on Memorial Day weekend
It’s conventional wisdom that the best time to put one’s house on the market in our area is in the spring. By many its considered the time when there are most buyers in the market are actively looking for homes. Real estate brokers, mortgage brokers, and real estate lawyers know that typically, June 30th is the […]
List Price to Sale Price Ratios 2014 vs. 2015 in Tewksbury
According to the Garden State Multiple Listing System (GSMLS), in 2014, 84 properties in Tewksbury Township closed. On average, these homes sold at 93.7% of their final list price. The numbers regarding 2015 sales were strikingly different: 79 properties closed and the average sale price to list price ratio was 96% (in 2013, it was 88 […]
Closed Sales in Tewksbury Township, NJ — May 2013
Click here to find information regarding properties in the Garden State Multiple Listing System (GSMLS) that closed in May 2013 in Tewksbury Township. If you have any questions about any of these properties or would like to know how this and other market information affects the value of your property, contact Leaf, Realtors® at 908-975-9756.
Holy Market Recovery, Batman! (POW! WHAM!)
Today, we went into yet another bidding war with a buyer looking to move into Bridgewater and we also received the latest edition of Jeff Otteau‘s MarketNEWS report. All we can say is it’s simply stunning how things have rebounded so quickly this spring compared to what we’ve seen in the last few years and […]
January 2013 Tewksbury Twp NJ Real Estate Update
We’re off to a great start in 2013! We’ve seen an unseasonably high level of activity in Tewksbury since the beginning of the year, with buyer demand high and not a lot of homes for those buyers to choose from. As a result, 11 Tewksbury properties went under contract in January. Additionally, four Tewksbury properties […]
Snapshot of the Recovery of U.S. Real Estate Markets by Metropolitan Area
We’re a big fan of economists Karl Case and Robert Shiller and the work they do compiling data about the U.S. real estate market. Their data as of November 2012 in the S&P/Case-Shiller Home Price Indices shows interesting trends in the recovery of different metropolitan area real estate markets — in most cases, the areas that […]
Good News for Residential Real Estate on a National Level
In the news this week we had a lot of evidence that things are starting to improve for the national housing market: New home sales up 3.6% in July 2012 over June 2012 to a two-year high (source: National Association of Home Builders) Existing home sales up 2.3% in July 2012 over June 2012 (source: National […]
How Long Does it Take a Foreclosure Property in New Jersey to Sell?
In the second quarter of 2012, New Jersey properties that banks had already foreclosed took 354 days (nearly 1 year!) to sell from when they were foreclosed upon. This was the third longest period of time in the US — The US average was 195 days and the only two states with a higher number of days […]
"So, What's the Real Estate Market Like These Days?"
“So, what’s the real estate market like these days?” is a question we hear several times over the course of a day — from customers, from the staff of our local delis/cafes, from our friends, etc. It’s a good question. The national economy and our personal economic prospects and the US residential real estate market […]
Tewksbury Market Update Statistics Through July 3, 2012
We are happy to report that here’s been a sustained amount of activity in Tewksbury throughout 2012. We’ve talked to several buyers who appear to be making purchasing decisions lately in time to settle into their new homes before the start of the new school year. Available homes in Tewksbury Township: Number of available homes currently […]
