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 closed in January of 2013.… Continue reading
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 were hit the hardest… Continue reading
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 for the sale… Continue reading
“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 are intertwined in a complex,… Continue reading
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 available: 82
- Lowest… Continue reading