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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…

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…

Tales of a Seasoned Broker Hachoo Hachoo!! Whether you find yourself walking in the park, sitting on your deck or eating hot dogs at your neighbor’s last minute Sunday BBQ, it seems like everyone these days is puffy eyed, red nosed and sneezing. The tulips and cherry trees are nearing the end of their spring…

Tales of a Seasoned Broker In an encouraging sign for demoralized buyers, the latest trend, which began about 6 weeks ago,  seems to be holding. The number of houses coming up on the market in Teaneck, Bergenfield and New Milford have continued to rise  to a level not seen for almost 5 months. This rise…

Tales of a Seasoned Broker It really isn’t much but the numbers are quite clear. While the WSJ published a nicely titled article on “a tale of two housing markets” contrasting the declining west coast market and the still rising east coast market, a very nuanced look at our Teaneck, Bergenfield and New Milford area…

Tales of a Seasoned Broker A few weeks ago, shortly before our switch to daylight savings time, a great house came on the market that suited one of my customers. I immediately reached out and urged them to come for a showing as a good house does not linger in this current market. As expected…

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…