Is the $8000 Tax Credit Causing Buyers to Overlook Even Better Short Sale Opportunities?

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There are many homes for sale with steep discounts because they are a short sale and you may find a house that is a better “fit” for you in a short sale than trying to buy a home that you really don’t love just because of the tax credit.

Home Inspections in New Jersey and ASHI.org

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Home Inspections in New Jersey Home inspections are a key part of buying a home.  While there are people who advise eliminating home inspections when you are faced with a multiple bid, I never advise this.  Even if the home is new construction, it’s best to have the guidance of a professional home inspector. In New Jersey, home inspectors are licensed by the State but there’s also another resource for…

Bergen County Homes Sales Data from the New Jersey MLS

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You need Bergen County homes sales data from the New Jersey MLS so you’re on top of the market. The New Jersey MLS is the primary multiple listing service for all of Bergen County. They do a simply outstanding job in so many ways. There is comprehensive information on homes for sale as well as statistics on all aspects of the market. The sales data shows an improving market for…

Tenafly Real Estate – 1st Quarter Report

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What Can We Expect in 2009 and for Tenafly real estate in particular? I can answer this with one word – improvement. I had projected 10% depreciation but that was before the stunning sub prime mess was revealed. While we have “Monday Morning Quarterbacks,” the truth is virtually no one knew of this growing menace. The Tenafly market for homes in 2008 ended with 25% fewer sales and 18% depreciation….

Buyers Are Back in Real Estate

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Here is a quick update for you and it is indeed great news.  Buyers are back.  As a result activity’s up in the real estate market. There has been a noticeable increase in the number of people looking at homes over the past two weeks.  We’re seeing more buyers coming out on Sundays to our open houses.  We are also receiving more calls into our offices and more web responses…