Bergen County Real Estate -1st Quarter 2018

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Bergen County Real Estate – 1st Quarter 2018 We are through the 1st quarter of the year so it’s time to look at how Bergen County real estate is doing.  We are doing very well indeed.  Looking at Bergen County as a whole, there should be no surprise to see sales are down.  This is due to a lack of homes for sale and not demand.  This has been a…

My Family Is Like Bergen County

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My family is made up of a variety of religions and backgrounds.  Families like mine are so typical of  Bergen County and the USA in general.  The US is truly a melting pot of all sorts of backgrounds,religions, etc.  As a result, we always considered our patchwork quilt of people pretty normal. The family I grew up in was 100% Armenian.  My grandparents and 2 aunts were born overseas. I…

The Absorption Rate and 1004MC Appraisal Report

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When people decide to buy a home they naturally start to look at the real estate market, do some number crunching and find statistics which explain the market trends. Lately, a statistic on homes that’s been quite popular is the absorption rate. Absorption rates simply put tell you how long it will take to sell off the existing inventory of homes. This shows you how properties are selling; it’s measured…

How to Handle the Bergen County Housing Market

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“How’s real estate and what should I do?” I am receiving so many calls and messages like this that I thought I should post some answers. It seems that real estate is on everyone’s mind lately.  Let’s find out how to handle the Bergen County housing market. Here’s something to consider: A primary motivating factor for most people is simply because it was the right time. So ask yourself this…