Blogs

Manalapan Single Family Home Sales Up 26.7% in First Quarter 2017

It's good to keep up with what's happening in the real estate market in your community, whether or not you are currently in the market to buy or sell.  Residential and commercial real estate activity affects the overall economic health of the community in many ways.

Here are the most significant single-family detached homes statistics for Manalapan Township's housing market, provided by the New Jersey Association of Realtors®, comparing the first quarter of 2017 to the first quarter of 2016:

Congratulations to our Top Producers for April 2017!

Please join us in congratulating the top individuals and teams for the month of April!

Top Listing Agent is Laurin LaLima and Top Listing Team is the Andrea & Harry Mesh Team.  The Top Selling Agent is Alan Katz & the Top Selling Team is the Gloria Bernstein Team.

How Does A Professional Agent Determine The Market Value And Best Listing Price Of Your Home?

The single most important factor to consider when selling your home is the price.  How much is your house worth in today's local real estate market? 

You don't want to overprice your home.  You will lose the freshness of the home's appeal after the first few weeks of showings. After that time, demand and interest wane. On the other hand, if you price your property too low you may receive less than the actual market value.  Homes priced below the market, however, will often receive multiple offers, which will then drive up the price to market.

Pricing is all about supply and demand . . . part art and part science.

This is How a Professional Real Estate Agent Prices Your Home . . .

Keep Up With The Newest Technology For Your Home!

Advances in technology for the home are happening so fast it's hard to keep up with what are the latest and greatest products for our home.

There is no doubt that there is a major focus on living healthier and smarter. Technological advances and changing demographics are shaping a new vision for how we live in our homes. Architects and builders are looking to design homes of the future with more healthy and sustainable materials that are resilient to natural disasters, require less maintenance, and have flexible living spaces that can accommodate multiple generations and communal gatherings.

Homeowners will demand healthier environments with no harmful paints and adhesives, as well as energy and water conservation features. There will be more emphasis on natural light and the adoption of biophilic planning. There will be a focus on utilizing materials that have greater longevity and will last through generations of homeowners.

How Credit Cards and High Debt Ratios Can Keep You From Buying Your Dream Home

We all love to spend money, right?  That’s what it’s for… to spend!  Clothes, cars, etc.  Why work so hard if you can’t enjoy it?  But there’s peril in this if you’re not careful. 

When it comes to buying a home, there are certain factors lenders look at to determine what kind of “risk” you are to them for paying it back.  Two of these factors are effected by your spending habits.  They are called “Debt Ratios”. 

Banks always look at the worst case scenarios when they consider loaning money to someone, so even though you may think every thing is fine, they are thinking about “what if’s” like . . . What if you lose your job . . . What if you get severely ill and can’t work . . . and other morbid and depressing possibilities . . .