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 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 Association of Realtors… 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
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Leaf, Realtors has hired some outstanding real estate agents recently — Marin Resnick and Lisa Harrell are the newest members of our team.
We’re looking to expand our team with buyers specialists, referral agents, and an web content intern. If you know of anyone who would be interested in these positions, please let them know that we’re hiring!
Available homes in Tewksbury Township:
- Number of available homes currently available: 85
- Lowest asking price among homes currently available: $214,900
- Highest asking price among homes currently available: $4,900,000
- Number of homes coming on the market since last week: 3
- Number of homes coming on the market since a month ago: 11
- Average list price of all homes currently available:… Continue reading
We were initially confused by the conflicting reports in the last week about national trends in the residential real estate market. Two reputable sources, The National Association of Realtors (NAR) and the S&P/Case-Shiller Home Price Indices appeared to report conflicting information. A closer look at what each group is reporting reveals the reason for the conflict. Ultimately, what really matters… Continue reading



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