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Buying a for sale by owner can seem like a good idea.  There are, however, greater risks associated with this.  Let me tell you a story about what just happened. For Sale By Owner Homes 11% of all sales are by owner.  This is what the National Association of Realtors has for 2019.  I can’t say for sure but when I began my career it was much higher, closer to…

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This market is not slowing down.  While we had a surge of buyers in June and July, this real estate market is strong for fundamental reasons.  Want to know why?  Take a moment to read the article I wrote on this  So where does that leave you?  Let’s start at the beginning The 2020 Spring Market Remember the lock down?  Real estate closed along with the rest of the economy. …

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21 Hillside Ave in Westwood New Jersey is my newest listing for sale.   This is a 3 bedroom split level home offered at $479,000.  You can see it this Sunday at the open house from 1 to 4 pm.  It’s on the market for sale because the seller moved near their daughter. 21 Hillside Ave 21 Hillside Ave is a traditional split level home.  This means that the living room,…

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7 Rockwood Place in Edgewater is back on the market for the silliest of reasons.  I believe that this was an impulse purchase.  When you buy a house on impulse, it’s often the case that you regret the purchase. How The Offer Came About Because 7 Rockwood Place was listed for sale on July 7th, the first open house was Sunday, the 12th.  As a result, I had the time…

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June sales showed a strong recovery according to data just released tonight by New Jersey Realtors.  I’ve been using their housing data for years and June’s real estate market report is very encouraging. Monthly Indicator Report Published every month, the Monthly Indicator Report is an excellent snapshot of how the housing market is doing.  Figures are for 1 year back (Monthly Snapshot) and a comparison to the month before (Indicator…

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How do you win in this real estate market?  It takes more than learning about homes and how to write up an offer.  What’s required is a full preparation.  This is because when you find the house you want, you must act forcefully and immediately. If you read what I wrote in June, you’ll understand why this market is tough for you.  Since then it’s gotten tougher. Large scale NYC…

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Come to my open house at 55 N Browning Ave in Tenafly this Sunday from 1-4 pm.  This home has been expanded a bit upstairs.  As a result, you have 3 bedrooms on the 2nd floor and 1 on the first floor.  There’s also a full bath on each floor so this is a 4 bedroom 2 bath cape cod style house.  Asking price is $495,000. Since this is summer,…

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Your home is your retirement because it does several things for you all of which are good.  I’m going to show you just how important a home is to your retirement. Slow and Steady Wins the Race Remember learning about Aesop’s fables when you were young?  Every fable was a lesson in life.  One of the most well known is a race between a tortoise and a hare.  The proverb…

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I have just listed an Edgewater home for sale at 7 Rockwood Place.  It’s going into 3 MLS systems tomorrow so I can give you an early notice as a coming soon listing. The reason for the sale is simple.  Edgewater homes are almost always small.  The owner expanded her family so she needed a larger residence.  Because she didn’t want the hassle of getting a house ready for showing,…

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I have a 2 bedroom apartment for rent in Englewood NJ for $1,875 per month.  It’s located at 373 Knickerbocker Road in between Ivy Lane and Hudson Avenue.  This is the Manor Area of Englewood – the most prized location on the west side of town.  Let’s take a look at this apartment: 373 Knickerbocker Road 373 Knickerbocker Road is a top/bottom 2 family house.  This is a 2nd floor…