Bergen County Appraisers Are Putting Higher Values On Homes Again

Bergen County Homes Appraise Higher

While the last 5-6 years saw many sales  derail due to low-ball appraisals, appraisers are now valuing Bergen County  homes at or above their selling prices. This is true for many towns such as Tenafly, Demarest and other neighboring towns. The major reasons for this are shrunken inventories and, a steady appreciation in values.  With appraisals  being as [...]

Tenafly Residential Sales Show Price Increases….

Tenafly Prices Going Up

Tenafly residential sales in the first four months of 2013 show an increase of the average sold price , compared to the same period in 2012 below are some market statistics and indicators for the period of 1.1.2013 to 4.30.2013 vs same period in 2012 January – April 2012 Total Sold: 29 January – April 2013 Total [...]

Bergen County Home Prices Are Improving But Are Still 18% Lower Compared to 2007

FNC - 6 Year Residential Price Index (2007 vs 2013)

The limited inventory and  strong demand for housing has created an environment where bidding wars are again more commonplace . Bergen County homes that are  priced properly to today’s market place, are getting  offers within a short time of coming to market and at times even, multiple offers. While home prices in Bergen County and towns such [...]

Is It Safe To Sell Your Bergen County Home Now?

This Tenafly Home listed for $1,195,000 Went Under Contract in 25 Days

For would-be sellers who have been stranded on the sidelines since home prices peaked in 2006 now is a good time to sell. Putting your Bergen County home on the market sooner than later will pay off since buyers demand is high and inventories are still low. Buyers search activity  usually peaks in March and April while seller [...]

Home Sales in Ridgewood and Tenafly

The four-bedroom, 2.5-bath colonial at 27 Woodland Park Dr Tenafly, in the Smith school district area is offered at $1,145,000

THURSDAY FEBRUARY 28, 2013, 4:45 PM THE RECORD Optimism is on the rise in TENAFLY, too. Anat Eisenberg, sales associate at Prominent Properties Sotheby’s Realty, Tenafly, said that “serious buyers are out, even though the weather is terrible.” There’s also “far less competition and lack of inventory.” Plus, with talk about interest rates “inching up,” people are [...]

The Impact Of High Taxes On Bergen County Residents

Bergen County Property Tax

It is no secret that Bergen County – The most populous county in the New Jersey  ( 905,000 residents) is also the one with the highest property taxes in the state. The median property tax figure in the county ( for 2012) was $9,232. If you look at what are the areas with the highest property tax [...]

New Homes for Sale in Cresskill, Demarest and Englewood

Englewood - 120 Huguenot Ave for sale

With the Spring season around the corner here are a few new homes for sale in Englewood, Demarest and Cresskill Englewood – 120 Huguenot Ave – Offered at $649,000 Demarest – 93 Orchard Road – Offered at $1,179,000 Cresskill – 63 Eisenhower Road – Offered at $1,999,000   For more homes in those towns visit: [...]

Bergen County Home Supply Lowest in Seven Years Just Before The Key Selling Season

Home Inventory Lowest in Seven Years

The number of homes for sale in New Jersey  fell to a 7-year low in January,leaving would-be buyers chasing a shrinking supply of homes just before the spring selling season. Unsold inventory in the state declined 18% to the levels of 2005  at the height of the housing bubble. The combination of rising demand and falling supply portends slim pickings for home [...]

Two New Tenafly East Hill Homes For Sale

16 Farview Rd - Click For Details

Check out this contemporary style house on Tenafly‘s  East Hill located at 14 Grandview Terrace on a Cul De Sac within walking distance to down town, school and buses The perfect Tenafly combination of location, size, style and function  Located on 16 Farview Road – on a Cul De Sacc- Click the photo for details   For more [...]

Five Good Reasons Why You Should Consider Listing Your Bergen County House Today

2012 Ended strong

Five good reasons why you should consider listing your Bergen County house today instead of waiting until the traditional Spring season. 1.) Demand Is High The most recent Existing Home Sales Report by the National Association of Realtors(NAR) showed that annual sales in 2012 increased 9.2% over 2011, a pace not seen since 2007. Buyers are out there [...]