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Late Spring Statistics

As the weather heats up, so does our local market. The national story right now can be summed up as a waiting game. When will the rising interest rates kick in and have the requisite impact of stabilizing prices, especially home prices? As of now, this realization has not begun, as average list prices have…

“Summer of 22”

Tales of a Seasoned Broker The pollen has mostly fallen from the trees and left its yellowish green haze on every outdoor surface. There is now only a short window to enjoy the mild weather before a new generation of thirsty mosquitos begin their yearly invasion. This time period is known on the calendar “officially”…

“Selling” into the Unknown

Tales of a Seasoned Broker In the third week of September 2008 I sat at a table with a builder on one side and the buyer’s father on the other. “You should accept this offer,” said the father, doing his best impression of a tenured college professor. He began lecturing the builder sitting directly across…

Seasonal Amnesia

Tales of a Seasoned Broker This past week’s glorious weather has made all of us a little bit calmer. During such perfect, blue-skied days, It is not uncommon for me to hear buyers commenting, “this is what it must feel like to live in California year round.” Point well taken, but with conviction I respond……

Interest Rate Hike: A Shock to the System

Tales of a Seasoned Broker On April 30th 2010 there were 451 homes listed for sale in Teaneck, Bergenfield and New Milford on the NJMLS. The Average list price was $432,000 and 42 houses sold that month with an average sale price of $396,000. I thought it would be appropriate to start my “Tales of…

An Ode to Spring (Market)

Tales of a Seasoned Broker My family is blessed. During non global pandemic years it is our custom to spend the Passover holiday in Israel. Each year, as preparations begin for our international travel, a certain amount of trepidation and anxiety sets in as the days to our departure approach. One never knows what awaits…

The Four Buyers

Tales of a Seasoned Broker The Passover Seder is designed for inclusivity. We proudly declare at the beginning of the meal (in Aramaic) “All that are present should join and eat!” Furthermore the mere size of the Paschal lamb advocates us to share the meal with more than our immediate families as how else could…

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