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Tales of a Seasoned Broker In 1990 my family spent Pesach at a hotel on the banks of the Kinneret (Sea of Galilee) and ever since, with only one exception, we continued year after year making our Pesach Seder at the same hotel. My mother in law, may she live and be well, turned 100…

Tales of a Seasoned Broker We are entering the second week of March and it looks like everyone is too busy thinking about Passover to be bothered with the sale of their home. Traditionally speaking, we are firmly in  spring market territory and  though outside it may feel like winter is just starting, don’t be…

Tales of a Seasoned Broker I don’t know if there are statistics backing up the claim I am about to make but 30 years of selling real estate should offer me some credibility in making the following observation: If I were to take a random sample of homeowners and ask if they consider the current…

Tales of a Seasoned Broker Let’s for a moment put ourselves in the shoes of a recently married couple of 4 years. One of the spouses is an “out of towner” and immediately felt comfortable with suburban Northern NJ as the neat rows of houses reminded her of home, although with much smaller parcels of…

Tales of a Seasoned Broker Last week we suggested that the prevalence of second home ownership was on the rise  and becoming more and more “the norm.” Anecdotally, seniors are splitting their time between the “homestead”  in Northern New Jersey staying close to community, children and grandchildren yet spending significant  time at  a secondary location…

Tales of a Seasoned Broker With the conclusion of Yeshiva/Yeshivish week many families who dedicated precious time and resources on the planning and execution of beach vacations from the Pacific to the Mediterranean will now turn their focus to the Spring housing market. Oddly enough, there may be more similarities than one would expect between…

Tales of a Seasoned Broker I will confess that this past Monday morning, after taking a week (or two) off from the “labor of love” that is this article, I was reluctant to start writing again. As much as I enjoy sharing my life’s experience in real estate with close friends there’s always so much…

Tales of a Seasoned Broker One of my favorite customers began our meeting with the following words, “We love the cozy three bedroom home you sold us where we raised our 4 children, the youngest of whom recently left for college. At the moment we are essentially empty nesters but here is the plan. We…

Tales of a Seasoned Broker We are closing out 2022 with the gears of the market slowly but surely grinding to a halt. Activity across all metrics is anemic and we’re witnessing  a competition of record breaking statistics between the low inventory of houses for sale on the market versus the distinctly high average listing…

Tales of a Seasoned Broker Last year we wrapped up 2021 with  predictions for the upcoming 2022 market.  We certainly called interest rate hikes correctly but what we  did not anticipate was the near total halt of  inventory coming up for sale. We did predict that the driving force of the real estate market would…