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Bergen County Homes / Franklin Lakes Real Estate / Homes in Wyckoff / Luxury Homes in Wyckoff / Ridgewood Homes For Sale / Tenafly Homes For Sale / Uncategorized / Wyckoff Homes For Sale — No Comments
04
Nov 14

Wyckoff Real Estate & Homes For Sale in Wyckoff, Northern NJ Homes

Wyckoff Real Estate & Homes For Sale in Wyckoff, Northern NJ Homes

Thinking About Buying A Home in Wyckoff NJ (Bergen County)

Wyckoff Real Estat & Homes in Wyckoff New Jersey

Wyckoff Real Estate & Homes in Wyckoff New Jersey

As soon as you are offered a great new job or promotion – even if it’s in a new town — your natural response is, “Absolutely, yes!” After all, you landed the opportunity because you are a go-getter — someone who solves problems!
Finding Luxury Homes in New Jersey, Experience teaches that seamless relocation to Wyckoff (or anywhere) takes some determined preparation. Even after you’ve identified your new house, there are a few significant hurdles to clear before happily settling into a new community.
Here are four common mistakes new buyers in Wyckoff have made in the past…and how you can avoid them:
1)    Not Getting Loan Pre-Approval – Once you pack the cartons and load the truck, locating all those documents the bank requests can become next to impossible.  Get it done before the relocation begins!
2)    Not using the right moving company. Moving companies have a wide variety of costs and guarantees. Some give you a fixed price; others leave the final costs up in the air. Promised dates can also make or break a move (speaking of breaking, equally important is having insurance to cover damaged items).
3)    Not using licensed local professionals. In relocation, it is terrifically important to hire experienced Wyckoff appraisers and Realtors®. Also, an absolute must is a thorough inspection by a licensed member of the American Society of Home Inspectors.
4)    Canceling an existing lease too soon. Not every deal closes on time, and if you have given a current landlord notice to vacate the day your purchase transaction is scheduled to close, a week’s delay can create moving mayhem!
There are many avoidable pitfalls when planning relocation to Wyckoff, but having the right pros by your side will help you avoid them.  If you are relocating to Wyckoff, I’m here to help every step of the way to find that Luxury Home in NJ.

 

 

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06
Jun 13

Wyckoff Real Estate Watchers Cheer National Pace Quickens

When it comes to our Wyckoffs residential real estate outlook, some truisms say it all: “Strike while the iron is hot!” “The early bird gets the worm!” “Time and tide waits for no man…”Sometimes those hoary old clichés have survived because their wisdom doesn’t ever change —and right now, some hard facts and figures may make these more relevant than usual.

Wyckoff real estate watchers, buoyed by last Tuesday’s stock market jump (a reaction to the bullish real estate statistics), were also digesting The National Association of Realtors®’ latestreport: it carried more cheerful news about the expanding market for existing-home sales. Final numbers for April showed sales moving at the highest pace since November of 2009, which was a single month that spiked due to the home buyer tax credit. It also marked the 22nd consecutive month of year-over-year monthly price rises.
What is the “even better” news for potential area real estate sellers? It’s about the relationship between available inventory and the pace of sales. The listed inventory across the nation is actually 13% lower than a year ago — which translates into a median time on market of just 46 days. A year ago, that figure was 62 days. In other words, across the nation, sales of existing homes are moving a full 45% faster!

Saerch For A Newa Home in Wyckoff
NAR President Gary Thomas had some words for real estate buyers that potential sellers will be pleased to hear. “With homes selling in half the time it took to sell a year ago, buyers must be both decisive and prudent.” Local home sellers should love that word ‘decisive.’ It hints at the underlying condition of a market that’s becoming more competitive for buyers — buyers additionally empowered by April’s fall in conventional mortgage rates. For both local real estate buyers and sellers, now looks like
time to “strike while the [market]’s hot”! In case you have been one of those trend watcher, I’m standing by.

Why not give me a call to discuss how you can take advantage of today’s outlook?

Homes in Wyckoff / Luxury Homes in Wyckoff — No Comments
15
Apr 13

Wyckoff Housing Market Not Really Yoked to Wall Street

Wall StEven though the Wyckoff housing market looks as certain to rise as the spring shoots, behind that optimism is the perenniel question about whether another “dip” is coming — a lot of which has to do with Wall Street. Remembering how 2008’s economic downturn saw the housing market and stock market take blows pretty much simultaneously, it’s not far-fetched to assume that the two markets always move together. And while some folks are emboldened as stocks soar to record-level heights, for others, the same phenomenon causes altitude sickness. What goes up must…well, you know the rest!

Historically, the housing market and stock market are hardly inextricably joined. Nor should that be a surprise. On the one hand, the housing market reflects a real good (as ‘real’ as it gets!) — something that carries intrinsic utility. That won’t change until people figure out a way to exist without shelter.

Stocks, on the other hand, represent participation in ownership of a venture, and a share of financial gain (or loss) from its success. Both markets are influenced by some of the same factors (employment, inflation, etc.), but to different degrees. It’s widely agreed that the direct influence of one on the other waxes and wanes.

So when anyone thinks about whether a dip is coming in the stock market, and whether that should influence their real estate thinking, I’m pretty certain that the answers are less important than the more measurable effects that buying or selling a home will have on their day-to-day living experience. With positive housing market data continuing to arrive (like the recent rise in land values — up 13% last year; the first annual gain in eight years), it’s hard not to agree with the majority of economists that the positive housing market trend is likely to keep going for a good while longer.

If you are considering selling your home and want to explore the housing market in Wyckoff this April, give me a call.  Regardless of what each market is doing at any given time, I keepe the latest up-to-date statistical and local neighborhood information available for my clients.

Luxury Homes in Wyckoff — No Comments
01
Apr 13

Wyckoff Luxury Homes Need Luxury Financing

Luxury homes in Wyckoff NJ

Any home carrying a price tag of $1 million or more generally falls into the ‘luxury property’ category. To finance it, a luxury loan is called for. Since financing luxury homes in Wyckoff can be more challenging than financing run-of-the-mill properties, many prospective home owners at the luxury level seek the services of a specialist lender. Market Watch has found that the average price of luxury properties in some major US cities is well over the million dollar threshold – making care in preparing jumbo loan applications more important than ever.

Whether or not you choose to ask your REALTOR® to help you find a mortgage broker well-versed at your price point, the same guiding principles need to be followed:

Detail-Orientation

As with any credit application, you need to ensure that yours is squeaky clean. Don’t short-change any detail (even those that seem unimportant or redundant). Prepare in advance by checking your credit record with all three major bureaus to ensure there are no damaging inaccuracies. Curing them can take time, so starting early pays off.

Right-Sized Deposit

The larger your deposit, the greater the odds of approval when financing luxury homes in Wyckoff. It stands to reason. The more you can contribute above the standard deposit rate, the clearer your message: this loan will constitute less risk.

Shop Around for Good Rates

The constrained market for jumbo loan resale is one of the reasons rates are somewhat higher than those more commonly available, so keeping a shopper’s mentality is a good idea. When financing luxury area homes, keeping the rate as low as possible is only prudent. Aim to obtain good faith estimates from a few lenders to find see who is currently offering the best deal.

With luxury home prices on the rise in many areas, if you’re considering buying or selling one this season, it’s worth remembering that financing luxury homes can be the most challenging part of the process. I furnish top-notch referrals when needed. I’m here not only to help you find the home of your dreams — but also to help make it yours.

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04
Feb 13

Wyckoff Businesses Helped by Housing’s ‘Snowball Effect’

Wyckoff Businesses Helped by Housing’s ‘Snowball Effect’

Wyckoff Real Estate Prices

The Weather Channel has nothing to do with it. What’s happening up in the ski resorts, likewise. The ‘snowball effect’ being discussed in print and on TV won’t soften anytime soon (even if the groundhog was right about winter being over)..

This is an economic snowball — one that’s gathering momentum following what CNN’s Money website describes as “the best year for U.S. real estate market in five years.” Businesses that stand to benefit from growth in the Wyckoff housing market are watching closely.

The Wall Street Journal’s snowball report took form in last Monday’s Marketplace section, where the top headline read “Housing Recovery Opens Spigot…Makers of Products From Carpets to Air Conditioners Feel Effects of Rebound.”

It was even more heartening as a counter to last week’s government indications that the greater economy seemed to slow. The housing sector’s performance was so strong it acted as a tonic to its many associated industries: among them, many Wyckoff retailers.

The snowball effect was noted widely. The company that makes Carrier air conditioners said that orders rose 20%; Honeywell International reported the “first sign of life we have had in a while.”

Locally, fingers were crossed that Wyckoff businesses will be swept up in the snowball. National suppliers expected that to happen. “Housing is what we see leading the economy out of the doldrums,” according to the CFO of United Technologies Corp. The WSJ reported evidence that Americans are spending more to build and refurbish their properties.

With sales of existing housing registering the largest annual jump since 2004, it should come as no surprise if Credit Suisse’s Daniel Oppenheim proves correct in predicting a 7%-8% rise in home improvement spending. He expects it to keep going for at least the next two years. That’s a pretty solid forecast, and in line with what most observers are saying.

All in all, the boost from the housing recovery is one snowball no one seems to think is likely to melt soon  — regardless of what Punxsutawney Phil has to say about it.

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17
Jan 13

Homes For Sale in Wyckoff NJ, Wyckoff Real Estate

Homes & Real Estate in Wyckoff, Franklin Lakes & Ridgewood NJ.

Some of the Townhome Complexes I work in: Cambridge Crossings in Clifton, Cambridge Heights in Nutley, Riverwalk in Clifton and Essex Park in Belleville

 

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12
Jan 13

Wyckoff NJ Home Prices

Home Prices in Wyckoff NJ (Bergen County Real Estate) for November 2012

Real Estate Market Data for Wyckoff, NJ provided by Matthew DeFede of Coldwel Banker Residential

Wyckoff Home Prices

Wyckoff Home Prices

We have seen a slight rise in home prices in Wyckoff NJwhich points out some great bargains at the moment, I expect the home prices to start rising evern more after the 1st of the year, because of the presidential election being over and also Wyckoff still being a very desirable area to buy a home in as well as the dwindling inventory, Bergen County Real Estate has allot to offer new home buyers as well, with great schools and shopping now would be the time to look for a home in Wyckoff.

See Some of these Gorgeous Homes in Wyckoff New Jersey

Wyckoff Real Estate

Wyckoff NJ Home Prices

The median list price in November for single family homes in Wyckoff is $769,900. The list prices dropped by -7.22% from the previous month.

The price per square foot for listings in this area is $125.

The median sale price in August for single family homes is $585,000. The sale prices dropped by -2.5% from the previous month

Visit my Website to Search for homes in Wyckoff NJ or to be notified when Wyckoff Homes come on the market.

To find out what your home is worth in the current market email me or call 973-846-0065