Anat Eisenberg | Tenafly Real Estate Blog
The Tenafly Home Expert
According to the National Association of Realtors® while existing-home sales were down in March they continue to outpace year-ago levels. Home prices are showing further signs of stabilizing, while inventory tightens. Total existing-home sales are 5.2 percent above the 4.26 million-unit pace in March 2011. In Tenafly the cumulative Single family homes sales for the period ending March 31 [...]
Several sources indicate that 2012 is on the way of being a very strong real estate year for towns such as Tenafly and other Bergen County towns . The Realtors® Confidence Index Report just published inidcates; Pricing: Respondents noted that properties priced at or below market value tend to sell quickly Inventory: Numerous comments noted the lack [...]
Some of you must have wondered about the Swiss Chalet like structure going up on 15 East Madison Ave in Cresskill… Well, the soon to open Farmhouse Cafe will be the new addition to the Tenafly, Cresskill, Closter & Demarest neighborhoods. The Cafe is slated to open May 2012. The Farmhouse Cafe is the new imitative of Tenafly [...]
While rising at a slower rate than in previous years, NJ Real estate taxes rose by 2.4% in 2011according to data released by Department of Community Affairs. The average rise was $183 from 2010 to 2011 (2.4%) versus a rise of 4.1% from 2009 to 2010. Statewide the highest increase was in Patterson Bergen County an increase of [...]
BY AMY LONGSDORF; SPECIAL TO THE RECORD BERGEN.COM Growing up, the resident show-stopper on “Glee” hit a lot of high notes as a member of the Tenafly High School honors choir. Lea Michele kept on singing even when she wasn’t in tune with the instructor who oversaw the troupe…..Indeed. Just six years ago, Michele was [...]
Sales of single family homes from $1.5 Million and higher totaled 155 homes vs 136 for the same period last year. This represents an increase of 14% over last year. The table below shows the breakdown by price categories ( all data collected from the NJ MLS and is deemed reliable but not guaranteed) << Click The Photo [...]
According to chief economist to the National Association of Realtors, in a conference held in California , improvement in the housing market is expected in 2012, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost . Yun further predicts a GDP of 2.2% in 2012 and [...]
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While the overall residential sales in Bergen County NJ did not change significantly year to date from the same period last year ( period ending October 31) some towns are showing huge increases in the number of transactions over last year. The Bergen County Real Estate Market Conditions, and the average price across the county remained the same as for the same [...]
Towns like Tenafly will see a further boost to the already active real estate market following The U.S. Senate vote of 60-38 on Thursday, October 20 to approve an amendment to restore higher limits on FHA-backed home loans. The NATIONAL ASSOCIATION OF REALTORS® (NAR) leadership and Government Affairs teams have been working tirelessly to press Congress to restore [...]
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