Wyckoff, NJ Real Estate News

By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Wyckoff Homes For Sale Summary | June 2013 Market Report   Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 24 homes sold in Wyckoff compared with 18 sold in May and is down from 29 sold in June last year.  The Spring Market continues to be in full swing in Bergen County, with well presented listings seeing multiple offers on a regular basis. With mortgage rates fluctuating slightly, but still lingering around the lowest rates in history, it continues to be a terrific time to buy a home, and with many buyers out there, it is one of those rare times when it is also a good time to sell. Contact me to help you get fully prepared for when that new listing comes along or if you are considering selling your home.   Wyckoff is a lovely tree-lined resid...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Click Here To See All Luxury Homes For Sale in Bergen County New Jersey Like most other parts of the real estate market, luxury homes in Wyckoff are expected to show a rise in demand going forward. Certain luxury homes have inherently superior marketability: luxury homes that both make a ‘statement’ and are priced competitively within their category are the most likely to attract competition between buyers. If you are among those looking for your perfect luxury home in the Wyckoff area, you could face that kind of competition this summer. Here are three stalwart factors shown to help beat the crowd: Money Talks Have your finances ready before you start your home search. If you’re a cash buyer, prepare the qualifying documentation. If needed, get your current home sold, or secure an app...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Wyckoff Homes For Sale Summary | May 2013 Market Report   Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 18 homes sold in Wyckoff compared with 11 sold in April and Is up from 11 sold in May last year.  The Spring Market continues to be in full swing in Bergen County, with well presented listings seeing multiple offers on a regular basis. With mortgage rates fluctuating slightly, but still lingering around the lowest rates in history, it continues to be a terrific time to buy a home, and with many buyers out there, it is one of those rare times when it is also a good time to sell. Contact me to help you get fully prepared for when that new listing comes along or if you are considering selling your home.   Wyckoff is a lovely tree-lined residen...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
What Are Homes Selling For in Wyckoff (Bergen County NJ) Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records. As they become available, the data are updated.     The number of active listings in Wyckoff dropped by 1% from the previous month. The median number of days active properties have been listed is 36. This is significantly shorter than the national average. The percent of unoccupied properties is very low in Wyckoff. It is -11.79% below the national avera...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
See All Available Luxury Home in Northern NJ (Bergen County)    
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Setting the Stage for Selling Your Wyckoff Home   The Real Estate Staging Association is always telling the world that when you are selling your home, you can expect to spend 73% less time on the market if you use the services of a professional staging company. Although this is an outcome everyone aims for, the cost of full bore professional staging can be a budget-cruncher.   A compromise solution is to combine a little personal elbow grease with some of the 'inside' tricks stagers use. When selling your home in Wyckoff as quickly as possible is the goal, it's worth following through with these staging pointers:   Magic Act   Everyday living creates clutter -- but to establish the look of a well maintained, move-in-ready home, the debris has to disappear. You don't need to be David Cop...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Wyckoff Homes For Sale Summary | April 2013 Market Report   Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 11 homes sold in Wyckoff compared with 15 sold in March and is down from 16 sold in April last year.     Housing inventories are very low in Bergen County right now, so buyers need to be ready to move fast if a home comes on the market that they like, as there are likely to be multiple buyers interested right now. Contact me to help you get fully prepared for when that new listing comes along.     Wyckoff is a lovely tree-lined residential community of approximately 16,000 residents. The Township of Wyckoff comprises seven square miles and is only 27 miles from New York City. It was once home to the Jonas Brothers. New Jersey Transit serv...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Best and Final: the Dreaded Multiple Offer Those who have been paying close attention to how the houses for sale in Wyckoff have been performing may have observed the results of the dreaded “multiple offer situation.” When a closing price seems to rise unexpectedly, it could be because of something called the “Notice of Best and Final.”  That notice can be issued by a listing agent as soon as more than one offer is on the table. Experienced real estate agents sometimes choose this strategy to win the best price for their client. It instructs all interested buyers to submit their “best and final offer” by a deadline (usually within 24 - 48 hours). Since no counters or escalation clauses are allowed, one blogger has aptly called it Multiple Offer Sudden Death. Here's how it works:      • ...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Wyckoff Homes For Sale Summary | March 2013 Market Report   Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 15 homes sold in Wyckoff compared with 13 sold in February and is up from 7 sold in March last year.     Housing inventories are very low in Bergen County right now, so buyers need to be ready to move fast if a home comes on the market that they like, as there are likely to be multiple buyers interested right now. Contact me to help you get fully prepared for when that new listing comes along.     Wyckoff is a lovely tree-lined residential community of approximately 16,000 residents. The Township of Wyckoff comprises seven square miles and is only 27 miles from New York City. It was once home to the Jonas Brothers. New Jersey Transit serv...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Planning for a Panic-Free 'Relocating Moment Most everyone with any relocating experience should recognize 'the moment.'No matter how much advance thought and elbow grease you've put in, that's the moving day moment when everything seems to starts happening at once, and there's literally no time left to attend to the stray details you've been meaning to take care of … It's all but inevitable: the yellow pad that you've organized with all the Wyckoff contact information you need today more than any other day: why, it's packed! and sealed! inside one of the cartons that's already out there in the van! When you're relocating from (or to) Wyckoff, the unplanned will always happen. Nevertheless, you can control the areas that have the most impact on how successful your move will be. One elem...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Are You Thinking About Selling Your Home in Wyckoff NJ Selling your Wyckoff Home Can Be A Very Challenging Decision, Who To Use? Should I Use A Friend or Family Member That is A Realtor Etc. Well the one thing I can say about that is your better off not using a friend or family member because you can't "Fire" a friend or family member it may destroy your relationship, I know I have experienced this first hand, so here are my 5 tips to selling your home in Wyckoff NJ   Tip#1 Pick A Good Realtor I know it sounds easy, but it is not, pick an agent who has a very strong online presence as that is the way that 90% of new home buyers find Real Estate these days, make sure they are very active online including the Social Networks, like Facebook, GOOGLE+ etc. and that they actual use email and ...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Investment Real Estate Value Draws Big New Players Observers of residential real estate nation-wide have started sounding a new upbeat note. It has to do with the effect of recent shifts in buying and selling -- some of which may well affect investment real estate in Wyckoff, too. Wyckoff investment real estate has always drawn area residents seeking to profit by owning investment property close to home: properties they can monitor conveniently and with confidence. The one negative has been the assumed general neighborhood effect of widespread rental ownership. When rental home proportions rise within a community, there can be a gradual decline in the area. The reason: residents who own their homes are more careful about upkeep. Renters have less at stake. Now comes the well-documented ...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
What Just Sold in Wyckoff NJ 07481 Here is what Wyckoff's Local Real Estate Market is Looking Like at the Current Moment The median list price in March for single family homes in Wyckoff is $869,000. The list prices increased by 16.02% from the previous month. The price per square foot for listings in this area is $222. The median sale price in December for single family homes is $475,000. The sale prices dropped by -35.85% from the previous month.       The number of active listings in Wyckoff increased by 11.8% from the previous month. The median number of days active properties have been listed is 53. This is significantly shorter than the national average. The number of sales in December dropped by 12.5% from the previous month.     To Search For Current Homes in Wyckoff New Jersey ...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
I just closed on this property in Wyckoff
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
7 Things No One Tells Wyckoff First Time Homebuyers First time homebuyers in Wyckoff are told a lot of things — “Save your money,” their parents advise. “Location, location, location!” their friend’s friend cautions. Reasonable advice, for certain. But there some important elements of the home buying process which a typical Wyckoff first time homebuyer doesn’t usually hear. I’ve listed some of the most important ones, in no particular order: 1.    Mortgage rates you see advertised aren’t usually what you getThe banner ads are everywhere online: “3.2% rates!” “No money down!” But the truth is, mortgage rates vary greatly. The only way you’ll know what rates you actually qualify for is to go through a complete mortgage application including credit pulls and income verification. One more p...
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By Jeana Cowie, Broker Associate, ABR, CRS, GRI, SRES
(RE/MAX Real Estate Limited)
Wyckoff real estate market statistics and Wyckoff homes for sale & home sales market quarterly trend for the last 3 years, presented by RE/MAX Real Estate Limited's consitent Top Producer, Jeana Cowie Top 1% of RE/MAX agents in NJ Over 600+ homes SOLD!!!  Looking to buy or sell a home in Wyckoff, NJ? Wondering what your Wyckoff home is worth in today's real estate market? Have a Wyckoff real estate question?  Search for your new Wyckoff home & for all Wyckoff homes for sale at WWW.REMAXAGENTBERGENCOUNTYNJ.COM  or WWW.BERGENCOUNTYNJHOUSES.COM   Quarterly Statistics for Residential Properties WYCKOFF, NJ for 3 Years Back Average Units Sold per Month for this period: 12.8 Total Units Sold for this period: 461 Average Units UC per Month for this period: 14.7Total Units UC for this period:52...
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By Sheldon Neal, That British Agent Bergen County NJ
(Bergen County, NJ - RE/MAX Real Estate Limited)
Wyckoff Homes For Sale Summary | February 2013 Market Report Information supplied by the NJMLS, and deemed reliable, but not guaranteed. This month saw 13 homes sold in Wyckoff compared with 14 sold in January and is up from 8 sold in January last year.     Housing inventories are very low in Bergen County right now, so buyers need to be ready to move fast if a home comes on the market that they like, as there are likely to be multiple buyers interested right now. Contact me to help you get fully prepared for when that new listing comes along.     Wyckoff is a lovely tree-lined residential community of approximately 16,000 residents. The Township of Wyckoff comprises seven square miles and is only 27 miles from New York City. It was once home to the Jonas Brothers. New Jersey Transit se...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
No Calm to Follow Wyckoff Home Sales “Perfect Storm” Last week, Wyckoff home sellers saw more than the usual number of reasons to look forward to this spring's Wykcoff home sales selling season. It looked like the opposite of the lengthy real estate “Perfect Storm” that caused freefall across the national landscape. Signs pointed to the possibility that we may be headed into the opposite market conditions. Webster's Dictionary says the opposite of 'storm' is 'calm' - but I don't think you would call Wyckoff's home sales outlook a “Perfect Calm.”  Far from it! Some of the signs:     •    Falling Inventory. Per the NAR's Existing Home Sales Report, there's a nation-wide shortage of total inventory. By the end of January, it had fallen another 4.9%: lowest in seven years. Raw unsold invent...
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Wyckoff Real Estate Market Report   The median list price in March for single family homes in Wyckoff is $869,000. The list prices increased by 16.02%from the previous month. The price per square foot for listings in this area is $222. The median sale price in November for single family homes is $680,000. The sale prices dropped by -2.08% from the previous month.  
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By Matthew DeFede, Top Broker in Nutley New Jersey
(Realty Executives Elite Homes)
Agents Bring Wyckoff Knowledge to FSBO Dealings   Suppose you are driving past one of those 'For Sale by Owner' yard signs…and the house looks good! Do you screech to a halt, jump out and rush up to the front door to - quick! - sign a deal? More likely, you jot down the phone number (hopefully one is visible, though with For Sale By Owner signs, it's not always the case) so you can call up your agent to get the details. Veteran buyers considering aWyckoff For Sale by Owner (FSBO) property know why it's highly beneficial to use their agent from the start.  Even if you have found the home yourself, you should want that first call to go to an agent. Here's why: Agents offer advanced relationships that stand to improve your bottom line. For example, timing often can make or break a deal, a...
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