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Market Updates

This Market Can Only Be Described As Intense

Tales of a Seasoned Broker With the summer solstice occurring just days ago, camp trunks well on their way to the mountains and July 4th BBQ preparations already in the works, it’s safe to say that we are no longer in the Spring market. In years past summer time would herald a slowing of activity…

Cloudy With a Chance Of Orange

Tales of a Seasoned Broker Many of the homes we currently live in have celebrated their 100th birthday and beyond.  That’s one hundred years of heavy rain and wind storms, one hundred years of blizzards, one hundred years of hot, hazy and humid summer heat. These homes have really lived through everything. I can remember…

 Taxes and Teaneck

Tales of a Seasoned Broker For those readers who own real estate in Teaneck you have by now received a letter informing you that the town is going to reassess the value of all of the municipality’s homes.  There are many questions surrounding this process and why it is happening now.  While I cannot answer…

The Snow Birds Return Home

Tales of a Seasoned Broker As many of us took to the streets over the long holiday weekend you may have noticed the return of neighbors not seen or heard from during an extended period of time. This reappearance of long unseen neighbors generates a not uncommon conversation overheard across many front lawns. It goes…

Housing Stock Cannot Keep up with Demand

Tales of a Seasoned Broker Since February we have been watching the welcome uptick of homes coming to market for sale in our area. There were close to double the amount of homes for sale in the beginning of May as there were in February. While this trend is encouraging, it seems that even with…

The Ants Go Marching One by One

Tales of a Seasoned Broker I once conducted a meeting between a builder and my client, hammering out the details of a new home to be built on a property owned by the builder. The conversation moved from windows, to tile allowances and eventually, to everyone’s favorite -the kitchen. After all the back and forth…

You Can Smell the Chlorine in the Air!

Tales of a Seasoned Broker As the temperature begins to climb, catching many of us still dressed for early spring, our attention moves from simple walks and outdoor recreation to thoughts of everyone’s favorite summer activity, which is, of course, swimming. For most of us the challenge of where to swim still prevails. While countless…

Two Straight Months of Rising Inventory

Tales of a Seasoned Broker Even as  the Federal Reserve continues to raise rates to levels not seen in over 16 years, the update vis a vis housing inventory is a somewhat brighter story. While the accepted thinking is that the majority of homeowners who refinanced their mortgages at rates ranging from the high 2’s…

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