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Local Real Estate Market
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Relocating? Local Real Estate Market...
  Living in the Garden State attracts a mix of people unlike any other, where else can you live in the suburbs, spend the day at the shore, and then have a night on the town in New York City, with out spending hours in a car or airplane. The Central Jersey area is filled with people from such a wide variety of life that rarely is the Real Estate Market affected by the down sizing of one area of commerce or another. The Real Estate Market in Central New Jersey has been very strong over the last few years and continues to thrive. The market is beginning to turn from a true "sellers market" more towards the buyer for the first time in many years. We are starting to see upper bracket luxury homes prices begin to soften and an increasing inventory of homes among which there are quite a few good buys. The Bridgewater area and surrounding neighborhoods continue to be quite hot. It is not unusual to see multiple offers for a home in these areas soon after it has been put on the market. New home construction sales are still strong for both custom and portfolio builders. Give us a call and we can discuss your needs and how the current trends that we are experiencing will personally affect you, 800-586-2347. Or just fill out the form below and we will get right back to you.
Accepting An Offer >Negotiating Factors
Negotiations for the sale of a home can be affected by emotional factors. For example, it is easy to be offended by someone who is making an offer on your property. Even if the buyers love your house, they are trying to negotiate the best possible price and terms. They probably will not let you know how much they want your home until they have negotiated a purchase agreement.
Buyers almost never write offers that please the sellers entirely. Offers and counter offers may be traded back and forth over days or weeks. Terms of the sale will be discussed and deadlines will be set. When there is finally a meeting of the minds, both sides may feel relieved but exhausted by the process. One of a real estate agent's most important jobs is to act as the intermediary during such negotiations. With your agents knowledge of financing, negotiation procedures, and the tax laws affecting real estate sales, agents come up with creative solutions to the challenges that may arise.
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| Q |
What area in the United States has the highest per capita income?
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| A |
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data. |
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