If you own a home in Rahway, or if you want to own a home in Rahway, this is the place to be for information about real estate values this spring. Inventory: There are currently 163 active listings in Rahway, which is 13% fewer than this time last year. The ...
Continue ReadingIf you own a home in Scotch Plains, or if you want to own a home in Scotch Plains, this is the place to find out what you need to know this spring. Inventory: There are currently 99 single family homes offered for sale in Scotch Plains compared to a ...
Continue ReadingExperts predict that home values nationally will appreciate by an average of 3.22% over the next 5 years. If you’re thinking of buying or selling a home in Fanwood, here’s what you need to know about the local real estate market. There are currently 25 homes offered for sale in ...
Continue ReadingScotch Plains remains one of the most sought after towns in Union County. Here is a snapshot of the 2016 year end trend analysis of the real estate market in Scotch Plains: Sales: 320 homes were sold in Scotch Plains in 2016, up 29% over 4 years. Prices: The average ...
Continue ReadingRahway’s real estate market continues to be affected by a large numbers of distressed properties – short sales, foreclosures, and pre-foreclosures. This causes prices to drop and home sales to slow down. As the distressed properties are sold and get off the market, improvements should be more obvious than they ...
Continue ReadingLinden’s real estate market continues to show slow and steady improvement. The large number of distressed properties – short sales, pre-foreclosures, and foreclosures – impact the real estate market’s overall picture negatively, but, as the distressed properties clear off the market, the slow and steady progress will be more obvious. ...
Continue ReadingFanwood continues to be one of the most highly sought towns in Union County. Here’s a snapshot of the 2016 real estate market: Home Sales: 125 homes were sold in Fanwood in 2016, up 76% from the 71 homes that were sold in 2013. This accompanied a relatively steady inventory ...
Continue ReadingThe Cranford real estate market in 2016 saw an increase in condo sales and a resulting decrease in home prices. Average sale price – $429,710, down 2% from 2015. This is a result of an increase in condo sales and half duplex sales in 2016 and is not an indicator ...
Continue ReadingClark real estate was hot in 2016. How does this compare to the previous several years? Inventory is down. The average inventory in 2013 was 91 homes. The average inventory in 2016 was 76 homes. Lower supply tends to drive prices up. Sales are up. 130 single family homes were ...
Continue ReadingIf you own a home in Scotch Plains, or if you want to own a home in Scotch Plains, this is the place to find out what you need to know this winter. Inventory: There are currently 145 single family homes offered for sale in Scotch Plains compared ...
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