Zoning Inspections No Longer Required in Tewksbury Township

News Flash! The Tewksbury Township Committee voted unanimously tonight to repeal inspections by the Zoning Officer as a pre-requisite to the sale of a home in Tewksbury Township.  This new ordinance goes into effect immediately. Of course, homeowners still must apply to the Township for necessary permits before undertaking certain kinds of improvements to their […]

We've Moved!

Leaf, Realtors has moved its office! We are thrilled to have a space that will help us serve our clients better.  We’re located in the middle of the historic village of Oldwick at 66 Old Turnpike Road in the village of Oldwick in the heart of Tewksbury Township.  This means increased visibility for our listings to visitors […]

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 […]

We're Growing! Meet Our Team!

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 […]

Tewksbury Market Statistics Weekly Update Through May 29th, 2012

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 […]

Is There Good News or Bad News for National Real Estate Markets?

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 […]

NAR Reports Existing Home Sales and Prices Increased April 2012 over April 2011

By now, you’ve probably heard the good news that was recently reported by the National Association of Realtors (NAR) that existing (i.e., not new) home sales and prices were up in April 2012 over the prior year in many regions in the United States.  Shrinking inventories of available properties and low interest rates contributed to […]

West Morris Central Ranked 220th Best American High School by Newsweek!

It’s always great news when one of our local schools receives positive recognition!  Newsweek magazine recently published a report in which it ranked West Morris Central High School the 220th best high school in the United States (the article referenced the schools it considered to be in the top 500).  The schools were ranked based […]