The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis.

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers.

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs.

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two!

Getting your home ready for sale can seem overwhelming but, done correctly, the result is a home that is picture perfect, appeals to many buyers and sells quickly. The key thing to remember is to make smart improvements that get the best return on investment and don't turn off buyers.  

Summer is almost over and fall is just around the corner! This past summer has been anything but normal given the current pandemic we are facing. We hope you and your family have all remained healthy and have enjoyed your summer!

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed.

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery.

Our June Market Update is in! The market is incredibly strong and moving extremely fast. Honestly we have never seen a market quite like this before. Below you will find highlighted the sale to list price ratio.

We love summer!!!! Summer means fresh fruits, veggies, grilled meats or seafood and basically anything super fresh. It doesn't get any fresher than homegrown in New Jersey.

In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.”

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important?

There is no doubt that this 4th of July may be a little different than others in the past. However there are still plenty of ways to celebrate safely with family. Time to start baking some patriotic treats.

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging.

According to the latest real estate forecast by Otteau Valuation Group; Bergen, Essex, Union and Middlesex could see a 6% jump in home prices in 2021. If that holds true that would be the biggest annual increase since 2005.

Boxwood Coffee is known as Westfield and Summit's perfect community coffee shop, offering the perfect working atmosphere, alongside amazing coffee and our personal favorite, teas.

There are so many reasons to love the town of Summit, NJ. For me it's where my husband and I bought our first home together, raised our kids and it's where I work (The Price Group) and play!

As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so.

As we enter the summer months and work through the challenges associated with the current pandemic, many are wondering what impact the economic slowdown will have on home prices. When we look at the big picture, supply and demand will give us the clearest idea of what’s to come.

Our May Market Update is in! The market is still very strong and moving. Below you will find the number of houses sold. Check out how your town is doing HERE.