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Continued Hope for Buyers

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…

Will We Pass Over the Spring Market?

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…

Low Inventory Doesn’t Mean No Inventory

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…

A Balanced Discussion on Downsizing – You Can Do IT?

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…

Will there be a Spring Housing Market this Year?

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…

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