| Newer home for sale, Verona, nj | ||||
| 149 Hillside Ave, verona twp, NJ 07044 | ||||
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15 YEAR NEW CUSTOM BUILT HOME AT END OF A QUIET PEACEFUL DEAD END STREET IN A VERY GOOD NEIGHBORHOOD. WALKING DISTANCE TO VERONA PARK, CLOSE TO NY BUS, ANDERSON WINDOWS, LOTS OF GRANITE & MARBLE THRU OUT, CATHEDRAL CEILINGS IN MASTER BEDROOM & MASTER BATH, 2 STORY FOYER, FLOOR TO CEILING GRANITE WOOD BURNING FIREPLACE IN FAMILY ROOM, NEW CARPETS ON 1ST & 2ND FLOOR, NEWLY REFINISHED OAK STAIRCASE,NEW EXTERIOR CEDAR EXPRESSIONS VINYL SIDING PLUS STUCCO EXTERIOR, OVERSIZED GARAGE APPRX 26X22, NEW HOT WATER HEATER, KITCHEN HAS CENTER ISLAND WITH NEW COOKING RANGE, KITCHEN HAS BREAKFAST RM W/GLASS SLIDER TO OUTDOOR DECK 29X8, PALLADIUM WINDOW IN FOYER, SPACIOUS OPEN FLOOR PLAN WITH LOTS OF LIGHT, GREAT LOCATION, WALK OUT BASEMENT, ENGINEERED FOR SILENT FLOORS | |||
| Click to View Show |
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| Details | Contact Info | |||
Asking Price: MLS: Bedrooms: Bathrooms: |
$549,900 2992911 4 2.5 |
JAMES MADALONE CEO of THE JAMES MADALONE REALTY GROUP at REMAX
Main (908)754-1587 |
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Tuesday, February 19, 2013
verona, nj-NEWER home for sale
Ready , Set, SELL!!!! NJ real estate in 2013
Ready, Set, SELL!!!
This week has been very busy for me, actually this past month in general. Busy for a top producer is a standard procedure, but what I have seen, done and accomplished this past month is astonishing. I'm not a fortune teller, nor forecaster, but my experience has lead me to believe that 2013 in NJ real estate is going to be a good year.
While mortgage rates remain low and there is a consistent amount of good properties available for purchase, Central New Jersey boasts excellent schools, easy transportation to NYC and in general, a great environment for families.
Although, after viewing forecast-chart.com: I noticed that predictions were of a mild decline - 2.34 is expected in residential real estate prices for 2013. According to forecast-chart, this suggests that appreciation rates over the next year for New Jersey Real Estate could easily end up anywhere between 1.78% and -6.47%.showing September 2013 at a rate of 2.34 percent while appreciation value will range between 3- 8 percent, as directly quoted from this source.
While this may not seem exceedingly promising to the "layman" at least not statistically speaking, what we need to look at are these rates in comparison to the past few years. After reading a vast amount of articles on other various real estate sites such as trulia and kiplinger.com; they all are agreeable to an optimistic forecast for New Jersey real estate.
We are now finally “Correcting the Correction." - coined by Alex Villacorta, director of research and analytics for Clear Capital what this means according to Mr. Villacorta, is that The benchmark of affordability (the ratio of median home price to median family income) stands at 3.0—right at the historical average and up a tad from 2011. Another measure, the percentage of monthly family income consumed by a mortgage payment (principal and interest, using a mortgage rate of 4%) is 14%, up slightly from 2011, when it was 12%.
So what does this all mean to me -and to you, the consumer? Well for starters, my phone is ringing, ringing so much that I am in the process of hiring a second assistant. Buyers are out , and in bulk. My normal 10 hour work days have progressed to 14 hours. This is all good- VERY good. Traffic for home searches on all of my websites has almost doubled and I’m spending twice as much on gas then I usually do. Buyers call in the morning, buyers call all day, buyers email me frequently and buyers are in my car more now than ever before. If you are a seller, my advice is to jump on the band wagon while the goings are good-great actually! Take advantage of this surge. I am not a predictor; I only speak what I see. And what I see is an amazing amount of growth.
This week has been very busy for me, actually this past month in general. Busy for a top producer is a standard procedure, but what I have seen, done and accomplished this past month is astonishing. I'm not a fortune teller, nor forecaster, but my experience has lead me to believe that 2013 in NJ real estate is going to be a good year.
While mortgage rates remain low and there is a consistent amount of good properties available for purchase, Central New Jersey boasts excellent schools, easy transportation to NYC and in general, a great environment for families.
Although, after viewing forecast-chart.com: I noticed that predictions were of a mild decline - 2.34 is expected in residential real estate prices for 2013. According to forecast-chart, this suggests that appreciation rates over the next year for New Jersey Real Estate could easily end up anywhere between 1.78% and -6.47%.showing September 2013 at a rate of 2.34 percent while appreciation value will range between 3- 8 percent, as directly quoted from this source.
While this may not seem exceedingly promising to the "layman" at least not statistically speaking, what we need to look at are these rates in comparison to the past few years. After reading a vast amount of articles on other various real estate sites such as trulia and kiplinger.com; they all are agreeable to an optimistic forecast for New Jersey real estate.
We are now finally “Correcting the Correction." - coined by Alex Villacorta, director of research and analytics for Clear Capital what this means according to Mr. Villacorta, is that The benchmark of affordability (the ratio of median home price to median family income) stands at 3.0—right at the historical average and up a tad from 2011. Another measure, the percentage of monthly family income consumed by a mortgage payment (principal and interest, using a mortgage rate of 4%) is 14%, up slightly from 2011, when it was 12%.
So what does this all mean to me -and to you, the consumer? Well for starters, my phone is ringing, ringing so much that I am in the process of hiring a second assistant. Buyers are out , and in bulk. My normal 10 hour work days have progressed to 14 hours. This is all good- VERY good. Traffic for home searches on all of my websites has almost doubled and I’m spending twice as much on gas then I usually do. Buyers call in the morning, buyers call all day, buyers email me frequently and buyers are in my car more now than ever before. If you are a seller, my advice is to jump on the band wagon while the goings are good-great actually! Take advantage of this surge. I am not a predictor; I only speak what I see. And what I see is an amazing amount of growth.
Monday, February 18, 2013
Tuesday, January 1, 2013
Friday, December 7, 2012
Saturday, December 1, 2012
Wednesday, November 28, 2012
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