Emil Ratti's (edrc) Blog

Bergen County - Passaic County - Essex County - Sussex County Updated about the 15th of the following month.Market Absorption Rates7+ = Buyers Market  July2006 Aug2006 Sep2006 Oct2006 Nov2006 Dec2006 Jan 2007 Feb2007 Mar2007 Apr2007 May2007 June2007 July2007 Aug2007 Bergen County Single Family 9....

A newly remodeled three bedroom Dutch Colonial located in Oakland with a Franklin Lakes address - a unique find.  You will enjoy a gorgeous very large park like yard in a private, country setting. Great for kids, pets, and gardeners. This newly remodeled home (2007) features a granite counter top...

 •·         Bergen County Single Family homes average sale price slips to 2005 prices.•·         Bergen County Condo/Townhouse - average sale price slips into double digits loss.•·         Passaic County - prices stay about the same with Absorption Rate moving higher into buyer's market.•·       ...

Did you know that, according to a New York Times editor, more people read that paper online than in print? This shift away from print also impacts real estate as more home buyers rely on the Internet as the primary source for their home search. According to the National Association of Realtors' 2...

This week, the U.S. Census Bureau reported 2006 income and poverty statistics for all states, as well as cities and counties with populations of 65,000 or more. Overall, median household income increased to $48,200 and the percentage of Americans living in poverty declined for the first time this...

A new feature has been added to Weichert.com that allows home buyers to sign up for e-mail alerts for upcoming Open Houses that meet their search criteria. By selecting the option "E-mail me new listings/Open Houses based on this search" from the Open House or search results pages, consumers are ...

It's best to show your home while it's still occupied. Many buyers have a hard time imagining what a vacant home will look like when it's furnished. With today's busy lifestyles, few buyers have the time or inclination to take on a fixer-upper. Your home should shine, inside and out. Your agent w...

Large garages with two or more spaces topped the list of features that were important to buyers who purchased homes in 2006. According to the 2007 Profile of Buyers' Home Feature Preferences, approximately 57 percent of buyers surveyed by the National Association of Realtors (NAR) wanted an overs...

Although selling your home is very exciting, it also involves a lot of work. Major decisions need to be made, including whether to sell your home on your own or to hire a real estate broker. The main advantage of selling your own home is saving commissions charged by a real estate broker.  Howeve...

Residential Sales - All TypesMarket Absorption Rate July 200717.24(7+  = Buyers Market)Sussex County Residential - All TypesMonthAve. Sale Price (x1000)   '04       '05      '06      '07Homes Sold'04   '05    '06   '07Days On The Market'04  '05  '06  '07 Sales Price %Increase / Decrease'04 -'05  ...