Market Conditions in 07950 : Advice

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Murray Plish…,  in Parsippany, NJ
Murray Plishtin answered:
The montville and boonton township home prices seem to be 20% higher than comparables in other towns. Can someone explain why?
Our office services both Montville and Boonton Twsp. and I know them well.
They are two of the three premier towns in this area (Mt. Lakes being the other).
Both towns have lovely ho ... more
0 votes Share Flag Mon Sep 20, 2010 Market Conditions in 07950
Deborah Bruen, Real Estate Pro in Morristown, NJ
Deborah Bruen answered:
In this market, what is right pricing? How much over buying price in 03 should a seller expect, if the home?
Everyone you speak with has a different answer to this question. To be safe we are looking at 2003 prices but there are also many variables. The thinking today is that you must price ... more
0 votes Share Flag Mon Feb 9, 2009 Market Conditions in 07950
Deborah Madey, Real Estate Pro in Brick, NJ
Deborah Madey answered:
There are statistics from Yale (schiller) that show long term housing appreciation is less than 1 %; and the
Boomers who live in McMansions may choose to downsize. I expect the retirement induced sales to impact the McMansions which do not have other strengths to support the value. For exa ... more
0 votes Share Flag Sun Apr 27, 2008 Market Conditions in 07950
Deborah Madey, Real Estate Pro in Brick, NJ
Deborah Madey answered:
thought i'd posted this before but apparently not-if it becomes necessary to share a home, to meet the
Some Realtors wil help w/ this, and others will not. If you find one who says yes, it would be worthwhile to pursue further discussions w/ that agent.
0 votes Share Flag Sun Apr 27, 2008 Market Conditions in 07950
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