Rutherford NJ Real Estate Bloghttp://www.GlennSellsNJ.com/blogRutherford New Jersey real estate market news provided by Glenn Elliot of ERA Justin RealtyWed, 16 May 2012 03:00:00 GMTBye Bye Birdie The Rutherford Theatre Co. is presenting Bye Bye Birdie at the First Presbyterian Church Parish House, 32 Ridge Rd, Rutherford, NJ on Friday May 18 at 8 PM, Saturday May 19 at 8 PM and Sunday may 20 at 2 PM. Reserve your seats by calling 201-575-6416 or sending an email to boxoffice@rtconj.com
to reserve your tickets. For more Info visit http://www.rtconj.com

 

 

]]>http://www.glennsellsnj.com/Blog/Bye-Bye-Birdiehttp://www.glennsellsnj.com/Blog/Bye-Bye-BirdieWed, 16 May 2012 03:00:00 GMTRutherford, NJ Skin Cancer Screening The Rutherford Health Department is sponsoring a free skin cancer screening for Rutherford residents on Monday, June 25th at 1 PM in their offices at 184 Park Avenue. Dr. Shari Sperling will conduct the screening. Appointments are required. Call 201-460-3020 between 1 & 4 PM Monday - Friday. there are more than 700,000 cases of skin cancer diagnosed each year and 9,000 deaths annually are caused by skin cancer. Get checked!!

]]>http://www.glennsellsnj.com/Blog/Rutherford-NJ-Skin-Cancer-Screeninghttp://www.glennsellsnj.com/Blog/Rutherford-NJ-Skin-Cancer-ScreeningThu, 19 Apr 2012 03:00:00 GMTZillow and their Zestimate of Home Value In other parts of the county, Zillow's Zestimates  might be accurately but in the North Jersey area, the public data that they use is so bad that there estimates have to be wrong and they are. Some are much too high but most are very low. I was looking at a house that is listed for $349,000 and in my opinion it is worth about $320,000. Zillow gives it a rediculous range of  $228,975 - $610,600 and from the range they give it a Zestimate of $305,300. When you click on the info tab you get the following disclaimer

"What is a Zestimate?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. We encourage buyers, sellers, and homeowners to supplement Zillow's information by doing other research such as:

* Getting a Comparative Market Analysis (CMA) from a real estate agent

* Getting an appraisal from a professional appraiser

* Visiting the house (whenever possible)"
 
Which pretty much says what it really is - A bad guess. My appraisers will tell you that a good appraisal has a margin of error or 5% either way and when you look at the Zillow results for Bergen County, Zillow says that only 35.3% of their Zestimates were within 5% of the actually sales price.

 

]]>http://www.glennsellsnj.com/Blog/Zillow-and-their-Zestimate-of-Home-Valuehttp://www.glennsellsnj.com/Blog/Zillow-and-their-Zestimate-of-Home-ValueSat, 18 Feb 2012 03:00:00 GMTGoogle maps and real estate searches If you are looking for a house, you should use Google Maps (www.google.com/maps) as part of your search. When you find a property that you might want to see, find it on Google Maps. If it is on a street that Google has photographed, you will be able to see a photo of the house and the neighborhood. This is a great way to find out if there is something undesirable (such as a factory) or something desirable (like a park) in the neighborhood before you look at the house.

Google has photographed entire towns in some cases and only main streets in other cases. For example, almost every street in Carlstadt, Wood-Ridge, and Lyndhurst, New Jersey has been done, but only main streets in Rutherford and East Rutherford. For example this link brings up my listing on 227 Sylvan St, Rutherford 

http://www.google.com/maps?q=227+Sylvan+Street,+Rutherford,+NJ

but you can only see it from a side angle, because Sylvan St has not been done, only E. Pierrepont Ave.

To bring up an interactive photo, click on the photo that is in the left margin of the map (if there is no photo, the area has not been done yet). To see what areas have been done on a map, click on the little man on the top left of the map and drag it into the map. Area that are done are highlighted in blue.

If you have an IPhone or an IPad, you can open the built-in Maps app, find the address and click on the little orange man on the black strip that shows the address (if there is no orange man or if it is grayed the area has not been done yet.

I found some very informative videos on IPad Maps at the following links http://ipadvideolessons.com/mapsapp/ and http://ipadvideolessons.com/mapsapp02/

Most of the items taught in these videos also work on the IPhone.

If you are interested in the listing that I show in the above map link, it can be found at www.227Sylvan.info.

 

]]>http://www.glennsellsnj.com/Blog/Google-maps-and-real-estate-searcheshttp://www.glennsellsnj.com/Blog/Google-maps-and-real-estate-searchesSun, 12 Feb 2012 03:00:00 GMTGood Article in South Bergenite Newspaper There is a nice article in today's South Bergenite about me and 12 other ERA Justin Realty being trained in selling short sale and foreclosure houses. A short sale is when a home owner sells a house for less than what is owed to the mortgage holder. To do this, the mortgage holder must agree to the sale. It takes a trained professional to accomplish this successfully. Here is the link to the article

http://www.northjersey.com/realestate/broker_agent_news/138990959_Trained_Realtors_help_deal_with_foreclosures_.html?scpromo=1

]]>http://www.glennsellsnj.com/Blog/Good-Article-in-South-Bergenite-Newspaperhttp://www.glennsellsnj.com/Blog/Good-Article-in-South-Bergenite-NewspaperThu, 09 Feb 2012 03:00:00 GMTSouth Bergen County Market is really improving There has been a tremendous improvement in the number of 1 - 4 family homes, condos and coops that have gone "Under Contract" (UC) so far this year in the South Bergen County area compared to the same period last year. Looking at South Bergen statistics, this year (according to the NJMLS) 63 properties are UC compared to 32 last year. The average days on market (DOM) is 148 compared to 132 and the average list price (ALP) is $327k compared to $338k. In Rutherford the numbers are UC 19 compared to 5, DOM 153 compared to 161, and ALP $344k compared to $370k. All of the ALPs in this data gave been rounded to the nearest thousand.

What this shows is that the real estate market is improving. Some of this improvement might be weather related because we had a lot of snow last January, but I believe most of it has to do with historically low interest rated coupled with sellers finally getting realistic with their expectations. We have had a number of listings this month that have gone under contract in less than a week and some of these have had multiple offers, because the sellers were realistic in their asking price from the beginning.

I think this is a very good sign and it it keeps up we might eventually see some price increases, but I think this is still a ways off. If you are thinking of selling but have decided to "wait for spring", you really should reconsider and take advantage of this improved market before the Spring Rush of sellers increases the competition. Remember it's supply and demand and right now supply is low compared to what we will have in a few months.

Feel free to call me with any questions on my cell 201-390-6734.

]]>http://www.glennsellsnj.com/Blog/South-Bergen-County-Market-is-really-improvinghttp://www.glennsellsnj.com/Blog/South-Bergen-County-Market-is-really-improvingSun, 29 Jan 2012 03:00:00 GMTTwitter and Real Estate There was in article in the NY Times today about how critical Twitter is in the Presidential campaigns, http://www.nytimes.com/2012/01/29/us/politics/twitter-is-a-critical-tool-in-republican-campaigns.html and I was wondering if  Twitter will ever become important in selling real estate or maybe it already is and I don't know it yet lol. I can see it as a great way to get listing information out and am thinking about using it more often. Let me know your thoughts on this.

]]>http://www.glennsellsnj.com/Blog/Twitter-and-Real-Estatehttp://www.glennsellsnj.com/Blog/Twitter-and-Real-EstateSat, 28 Jan 2012 03:00:00 GMTGlenn's Last Podcast The December edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then we'll discuss how recent market activity and low interest rates are bringing stability to one of the best real estate markets in recent history!

Features special guest Terri Murphy of US Learning.


Program length: approximately 6 minutes.

To listen click on the microphone below or click HERE

On a mobile device, use this link http://www.talkrealty.com/glennelliot/audio/ge201112.mp3

Enjoy!!

Unfortunately, this will be my final podcast because the company that produced them for me has stopped doing podcasts.

I hope you all had a nice holiday season. Happy New Year!!

]]>http://www.glennsellsnj.com/Blog/Glenns-Last-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-Last-PodcastMon, 26 Dec 2011 03:00:00 GMTGlenn's November Podcast The November edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then we'll share tips to prepare your home for winter and protect against factors that cause mold.

Features special guest Terri Murphy of US Learning.


Program length: approximately 81/2 minutes.

To listen click on the microphone below or click HERE

On a mobile device, use this link http://www.talkrealty.com/glennelliot/audio/ge201111.mp3

Enjoy!!

 

]]>http://www.glennsellsnj.com/Blog/Glenns-November-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-November-PodcastTue, 22 Nov 2011 03:00:00 GMTGlenn's October Podcast

The October edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then and we'll discuss the latest staging tips for buying or selling in this upcoming fall market.

Features special guest Terri Murphy of US Learning.


Program length: approximately 6 minutes.

To listen click on the microphone below or click HERE

 

On a mobile device, use this link  http://www.talkrealty.com/glennelliot/audio/ge201110.mp3

Enjoy!!

]]>http://www.glennsellsnj.com/Blog/Glenns-October-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-October-PodcastThu, 13 Oct 2011 03:00:00 GMTGlenn's September Podcast I just realized that I never posted by September Podcast. This is a little late but the information is still good.

The September edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and the importance of sellers pricing there house correctly now, before the shadow inventory hits the market. We will also talk about the top transaction strategies for fall 2011.

Features special guest Terri Murphy of US Learning.

Program length: approximately 7 minutes

To listen to it click on the microphone below or click here. Hope you enjoy the show. You can also listen to earlier podcasts from this site.

 

 

On a mobile device, use this link  http://www.talkrealty.com/glennelliot/audio/ge201109.mp3

 

]]>http://www.glennsellsnj.com/Blog/Glenns-September-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-September-PodcastTue, 04 Oct 2011 03:00:00 GMTIf you are selling or thinking of selling you must price your home to sell now!! If you need to sell your home, you must price it to sell now, which means that you must price it below what comparable homes have sold for recently. According to the "KMC" real estate blog, there will be a glut of foreclosed homes (bank owned REO homes) coming on the market in New Jersey in the near future due to the lifting of restrictions on bank foreclosures by the courts in the past month. Since foreclosed homes usually sell for much less than regular sales (due to condition, "as-is" sales, etc), when these homes close and are considered by appraisers, this should further bring down selling prices. In order to beat this, sellers need to get their homes sold now. The KMC blog explains it better than I can here. Click here to read what they have to say about this matter.

]]>http://www.glennsellsnj.com/Blog/If-you-are-selling-or-thinking-of-selling-you-must-price-your-home-to-sell-nowhttp://www.glennsellsnj.com/Blog/If-you-are-selling-or-thinking-of-selling-you-must-price-your-home-to-sell-nowMon, 19 Sep 2011 03:00:00 GMTBeware of email hackers - Your Friend wasn't Mugged in London!!Two people in my office recently had there email hacked. The hackers sent out messages supposedly from the person saying that they had been mugged while vacationing overseas and that they are asking for a loan to help them get home. The emails went out to everyone in the victims address book. The hackers than erased the address book so that the victim could not warn anyone. They also hijacked the persons facebook account and posted a similar message there. If you receive any emails like this, please phone the person and verify the story before sending any money or you will not see your money again. This kind of hacking is very previlient. You can read more about this scam here (http://consumerist.com/2010/05/just-for-the-record-your-friend-wasnt-mugged-in-london.html). As they used to say on Hill Street Blues "Be careful out there".

]]>http://www.glennsellsnj.com/Blog/Beware-of-email-hackers-Your-Friend-wasnt-Mugged-in-Londonhttp://www.glennsellsnj.com/Blog/Beware-of-email-hackers-Your-Friend-wasnt-Mugged-in-LondonSat, 20 Aug 2011 03:00:00 GMTMary Kriston to Retire As Borough ClerkThere is an article in the South Bergenite announcing that Mary Kriston is retiring in October as Rutherford Borough Clerk. I would like to wish Mary the best. She is a very nice lady and has been an excellent Clerk. The full article can be viewed here.

]]>http://www.glennsellsnj.com/Blog/Mary-Kriston-to-Retire-As-Borough-Clerkhttp://www.glennsellsnj.com/Blog/Mary-Kriston-to-Retire-As-Borough-ClerkThu, 18 Aug 2011 03:00:00 GMTGlenn's August Podcast

The August edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then we'll discuss contract negotiation.

Features special guest Terri Murphy of US Learning.

Program length: approximately 8 minutes

To listen to it click on the microphone below or click here. Hope you enjoy the show. You can also listen to earlier podcasts from this site.

 

 

On a mobile device, use this link  http://www.talkrealty.com/glennelliot/audio/ge201108.mp3

 

]]>http://www.glennsellsnj.com/Blog/Glenns-August-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-August-PodcastWed, 10 Aug 2011 03:00:00 GMTCheck out my listing at 17 Arthur Dr, RutherfordThis Sugar Maple Split Level features 3 BRs, central air and a attached garage. Located on a great Rutherford Street near NY bus.

http://www.glennsellsnj.com/property/17-Arthur-Drive-Rutherford-New-Jersey

 

]]>http://www.glennsellsnj.com/Blog/Check-out-my-listing-at-17-Arthur-Dr-Rutherfordhttp://www.glennsellsnj.com/Blog/Check-out-my-listing-at-17-Arthur-Dr-RutherfordWed, 10 Aug 2011 03:00:00 GMTGlenn's July PodcastThe July edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then we'll discuss improvement projects that generate return on investment.

Features special guest Terri Murphy of US Learning.

Program length: approximately 6 minutes.

To listen to it click on the microphone below or click here. Hope you enjoy the show. You can also listen to earlier podcasts from this site.

 

 

On a mobile device, use this link  http://www.talkrealty.com/glennelliot/audio/ge201107.mp3

]]>http://www.glennsellsnj.com/Blog/Glenns-July-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-July-PodcastFri, 15 Jul 2011 03:00:00 GMTGlenn's June Podcast

The June edition of my Rutherford NJ Real Estate podcast is now available. This month's edition covers Rutherford, NJ real estate market activity and then we'll explain how buyers can make the most of favorable summer conditions.
Features special guest Terri Murphy of US Learning.


Program length: approximately 9 minutes.

To listen to it click on the microphone below or click here. Hope you enjoy the show. You can also listen to earlier podcasts from this site.

 

On a mobile device, use this link  http://www.talkrealty.com/glennelliot/audio/ge201106.mp3

]]>http://www.glennsellsnj.com/Blog/Glenns-June-Podcasthttp://www.glennsellsnj.com/Blog/Glenns-June-PodcastSun, 26 Jun 2011 03:00:00 GMTBelleville, NJ 1 BR rental $900I have a nice, freshly painted, 1 bedroom apartment in Belleville. Check it out here (http://www.glennsellsnj.com/property/112-Union-2F-Belleville-New-Jersey)

 

]]>http://www.glennsellsnj.com/Blog/Belleville-NJ-1-BR-rental-900http://www.glennsellsnj.com/Blog/Belleville-NJ-1-BR-rental-900Fri, 27 May 2011 15:31:00 GMTHomebuyers Handbook

 

I have posted an 81 page Homebuyer Guide on my website www.GlennSellsNJ.com. Download it here (http://www.glennsellsnj.com/Buyer-Resources/Buyer-Reports/Homebuyers-Handbook)

 

]]>http://www.glennsellsnj.com/Blog/Homebuyers-Handbookhttp://www.glennsellsnj.com/Blog/Homebuyers-HandbookFri, 27 May 2011 15:07:00 GMT