Asking Price Decision is Crucial for Morris County Home Sellers

themenardgroup Morris county, North Jersey, Mountain Lakes, House prices, Selling your home, Luxury, Luxury Homes, Selling

For more than a year, it’s been the happy trend across the nation for the average DOM (days on market) for residential properties to have been declining. It’s a “speed of sale” measure—one that most Morris County home sellers hope will reflect that it won’t be long before they are handing the keys to happy new owners. There are some …

Now is Prime Time for Morris County Home Improvement Plans

themenardgroup Morris county, North Jersey, Mountain Lakes, Luxury Homes, Selling, home improvement

When, as the holiday lyrics have it, “the weather outside is frightful,” that makes it a good time to start planning the coming year’s home improvement projects. If you wait for ideal weather conditions to begin laying out your plans, you’re likely to wind up well behind schedule before you even start. If the home improvements you are contemplating can …

New Year’s Predictions for Steady Real Estate Market in 2017

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, House prices, Selling your home, Luxury Homes, Selling

It’s that time again: the annual look at whether there is a convincing consensus among real estate experts for what to expect in the coming year. Morris County homeowners and potential homeowners found generally welcoming conditions throughout 2016, as steadily improving property values and low mortgage interest rates echoed the national picture. With lending rates beginning to rise, there could …

Tax Breaks for Some Morris County Homeowners Set to Expire

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If you are like most Morris County homeowners, this is not the time of year you relish thinking about next year’s April 15 tap on the shoulder from Uncle Sam. Nonetheless, the calendar doesn’t lie. In a matter of days, New Year’s Eve will be here—and once the champagne corks have popped, it’s entirely possible if some t’s weren’t crossed …

Holiday Feelings: What Kids Can’t Know Yet

themenardgroup Uncategorized, Morris county, North Jersey, Mountain Lakes, Selling your home, Listing agent

The holiday season surely makes for a neat package: wrapping up the whole year in a sort of satisfying finale. Whether it’s your Christmas or Hanukkah, Kwanzaa or any other holiday you can think of, for most Mountain Lakes residents, the last weeks of December make up a sort of endpoint/beginning point for more than just the calendar. These days …

Long-Dormant Morris County Mortgage Rates Now “Poised”

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Mortgage rates, Mountain Lakes, Second home, Selling your home, Luxury, Luxury Homes, Multi-family, Luxury Buyers, Selling

Most of us favor a high degree of predictability when it comes to things like the interest rates on mortgages. In that realm, “poised” is a bad word. When anything is poised, it means it’s about to do something different: change. For those who like predictability, change is unwelcome. But this week should provide both good and bad news when …

Mountain Lakes Real Estate and “Back From the Abyss”

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If you listen to the Chairman of the Index Committee at Standard & Poors-Dow Jones, the nation’s housing market has reached an important milestone—one likely to be appreciated by real estate holders—Mountain Lakes homeowners and investors included. The gentleman in the spotlight is David Blitzer, who is the head man when it comes to the S&P Case-Shiller Index, the most …

Surprise November Morris County Mortgage Rates Surprise Experts

themenardgroup Buying, Morris county, North Jersey, Downsizing, Investment property, Mortgage rates, Mountain Lakes, Selling your home, Listing agent, Luxury, Luxury Homes, Luxury Buyers, Selling

Last week, when Morris County mortgage rates began to rise abruptly, you’d have to say that it was actually a double-barreled surprise. In addition to the sudden blip up on the mortgage rate charts, there was the second shocker: that so many expert observers were taken by surprise. Even though the actual rise in mortgage rates was what Zillow’s chief …

4 Reasons Morris County Real Estate Investments are “Smartest”

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When you see any title here containing the words “Morris County Real Estate Investment,” you won’t be terribly surprised if the gist turns out to be what a good idea! When you’ve had the experience of seeing clients succeed with many real estate investment projects, it’s an unavoidable conclusion. Unfortunately, also pretty yawn-worthy. That’s why I was pleased to come …

U.S. Home Owner’s Equity Doubles: Here’s How and Why

themenardgroup Buying, Morris county, North Jersey, Mortgage rates, Mountain Lakes, Second home, Selling your home, Listing agent, Luxury, Luxury Homes, Selling

Diana Olick is a well-known industry writer. Anyone with an interest in Morris County real estate can usually find something of value when she comes up with a new entry in her CNBC column (the one with the pun-worthy title, “Realty Check”). This month she commented on the rising housing market across the nation and its repercussions in terms of …