Rutherford New Jersey Real Estate News & Listings Presented By ERA Justin Realty Co.http://www.glennsellsnj.comSat, 04 Feb 2012 12:13:40 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 GMT1 Bedroom Rental

This is a large 1 bedroom apartment in a mixed use building (2 offices on 1st floor and 3 apartments upstairs). Separate heat. Spacious rooms.freshly painted. Tenant to pay fee of 1 month rent. Tenant to provide refrigerator. Street parking. No pets! Tenant to pay real estate fee of 1 month rent.

 

 

Visit GlennSellsNj on Facebook here

 

]]>http://www.glennsellsnj.com/property/417-Hackensack-St-Carlstadt-New-Jerseyhttp://www.glennsellsnj.com/property/417-Hackensack-St-Carlstadt-New-JerseySun, 08 Jan 2012 21:33:52 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 GMTMan Find's $40,000 in House He Just Bought and Gives It BackWhat Would You Do?

 

I just read about a man who found over $40,000 in a house that he just purchased and gave it back. I don't know if I would have done that and was wondering what you would do it that situation. Read the article here and then tell me what would you do? (That sounds like a great name for a TV show LOL).

]]>http://www.glennsellsnj.com/Blog/Man-Finds-40000-in-House-He-Just-Bought-and-Gives-It-Backhttp://www.glennsellsnj.com/Blog/Man-Finds-40000-in-House-He-Just-Bought-and-Gives-It-BackFri, 20 May 2011 16:46:00 GMTMy May Podcast

The May 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 the art of staging.

Features special guest Terri Murphy of US Learning.


Program length: approximately 6 1/2 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/ge201105.mp3

 

As we celebrate Memorial Day. Click below to see my Memorial Day tribute to our troops.

 Note: If you cannot view the video, Click Here.

 

]]>http://www.glennsellsnj.com/Blog/My-May-Podcasthttp://www.glennsellsnj.com/Blog/My-May-PodcastFri, 20 May 2011 03:00:00 GMTGuest Post - VA Home Loan Benefits For Our New Jersey BenefitsThis guest post was written by Matt Polsky of the VAMortgageCenter.com. Matt's email is mpolsky@vamortgagecenter.com. Thank you Matt

VA Home Loans Benefit our New Jersey Veterans
           

 Service members and veterans in New Jersey planning to purchase a home have an option unavailable to the general public. It has been almost 70 years since Congress created the VA Home Loan Guaranty Program, which helps the men and women who serve our country buy the home of their dreams. Whether it is a house at Fort Dix or a place in Hoboken, a New Jersey VA loan surpasses the benefits offered by a conventional loan.
           

Almost without question, the best part of New Jersey VA loans is the miniscule down payment. Most VA loan borrowers pay 0 percent down, and they still use the loan to finance 100 percent of the home. Several counties in New Jersey have VA loan limits of $735,000, which is higher than the usual $417,000. Either way, military homebuyers in New Jersey will not find a traditional loan option with a down payment lower than 15 percent. So immediately, a VA loan saves the borrower thousands of dollars.
           

More immediate savings come from sellers paying up to 6 percent of closing and concession costs. Often, those costs are lower than they would be for a conventional mortgage. During the life of the New Jersey VA loan, borrowers can expect to save money every month. VA loans do not charge private mortgage insurance (PMI). Beyond that, interest rates dip for VA loans because the VA insures up to 25 percent of every loan. VA-approved lenders then assume less risk and reduce interest rates. More benefits include:
-No prepayment penalty
            -Refinancing programs that lower interest rates
            -Capped interest rates for active-duty homebuyers
            -Assistance and counseling to homeowners approaching default
           

Due to the burst of the housing bubble and credit crunch, it’s actually easier to qualify for a VA loan than a conventional loan. About 80 percent of borrowers who qualified for a VA loan did not qualify for a conventional mortgage. In large part, this is a result of more lenient credit and financial standards for VA loans. VA-approved lenders, such as VA Mortgage Center.com, are satisfied with credit scores of 620 and debt-to-income ratios of 41 percent. Even homebuyers with a foreclosure or bankruptcy in their past can qualify.
           

However, not every service member or veteran is eligible for a New Jersey VA loan. Military members who served for 90 days or 181 days on active duty during wartime or peacetime, respectively, may qualify. Reservists and National Guard members must have served at least six years before they may qualify. Even surviving spouses may qualify if they have not remarried.
           

For more information on New Jersey VA loans, contact a VA-approved lender today.

]]>http://www.glennsellsnj.com/Blog/Guest-Post-VA-Home-Loan-Benefits-For-Our-New-Jersey-Benefitshttp://www.glennsellsnj.com/Blog/Guest-Post-VA-Home-Loan-Benefits-For-Our-New-Jersey-BenefitsWed, 11 May 2011 03:00:00 GMTGreat Area

Nice colonial in great location. New heat. Central a/c. Breezeway to attached garage. Nice fenced-in yard. Near everything.

 

If you do not see a video above click Here

 

Visit GlennSellsNj on Facebook here

]]>http://www.glennsellsnj.com/property/227-Sylvan-St-Rutherford-New-Jerseyhttp://www.glennsellsnj.com/property/227-Sylvan-St-Rutherford-New-JerseySat, 26 Mar 2011 19:13:46 GMT