Old Tappan, NJ Real Estate News

By Paula Clark
(Coldwell Banker)
NOW IS THE TIME TO BUY...WITH MORTGAGE RATES AS LOW AS THEY ARE, FIND OUT HOW YOU CAN TAKE ADVANTAGE OF THE LOW PRICES OF HOMES, AND THESE INTEREST RATES.    MORTGAGE RATE UPDATE   The projected longer term good news about this for 2009 is the pick up in activity for home buying. The Federal Reserve this month, opened their checkbook for the first time on its promised shopping spree for buying mortgage-backed securities. The Fed plans to buy up to a half-trillion dollars' worth of mortgage-backed securities in the first half of 2009. When you heard all the hype about 4.5% interest rates, this is one of the reasons for the hype. Think of the Fed as an extremely deep-pocketed bank, competing with other banks to provide money for mortgages. When banks compete, you win: Rates go lower, and...
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By Richard Stabile, Bergen County New Homes Builder Realtor
(Re/Max Real Estate Limited)
Old Tappan, Bergen County New Jersey sales analysis of homes sold in 2008. The data shows a decline of 30.5% in over all sales volume from high year. Average sales price declines from high year by only 5.39%,while median price declines by only 9.55 percent from high year. The growth of larger homes over recent years have supported the drop in pricing. Full charts and data analysis can be found at Old Tappan real estate sales. View my new homes for sale                             We have many new homes site available in Old Tappan View all Old Tappan Real Estate MLS Listings for sale Richard    
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By Paula Clark
(Coldwell Banker)
Mortgage Rates U.S. averages as of December 24, 2008:30 yr. fixed:   5.14%15 yr. fixed:   4.91%1 yr. adj:        4.95%  
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By Richard Stabile, Bergen County New Homes Builder Realtor
(Re/Max Real Estate Limited)
Old Tappan, Bergen County New Jersey sales analysis shows median price decline in the 12% range from the top year. Average price declines are nominal for NJMLS data of all broker sales and highest ever in 2008 for Bergen County Data of all residential and condominium sales.  Old Tappan housing growth has been considerable more expensive houses which have held up the average price category. You may view charts and analysis of Old Tappan real estate sales.  View Old Tappan new homes View other new homes for sale in Northern Bergen County
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By Richard Stabile, Bergen County New Homes Builder Realtor
(Re/Max Real Estate Limited)
Tappan Lake, located in Old Tappan and River Vale, Bergen County New Jersey and southern Rockland County New York is a reservoir. Surrounded by homes and tree lined for the most part, it is tranquil and beautiful. Part of the fresh water system it is an important resource. It is formed by a dam in the Hackensack River flowing from Rockland County and eventually flows down to Oradell Reservoir. This video is taken in October for the turning of the leaves, showing great real estate. Music: Here Comes the Sun, by The Beatles   ​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​ ​​​​​​ ​​ ​ ​​   View Old Tappan New homes View River Vale New Homes Colonial estates View River vale New Homes Cherry Brook estates View my newhomesbyRichard.com Richard
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By Paula Clark
(Coldwell Banker)
The answer depends on who you ask.  The answer also depends on which part of world you live.  At the start of 2007 the skeptics were wondering where this market was headed.  It started slow, and homes that were listed stayed on the market a bit longer.  The Buyer's watched, and waited.  When the price was just right, and offer was made.  When a home that was renovated, and on a quiet street, had curb appeal, good school systems, and priced right, many buyer's made an offer on the the same house.   And so a bidding war ensued.  As the weather got warmer, and the flowers have started to bloom, more homes came on the market.  The Buyers have more choices.  However, if you eliminate homes that need updating, bedrooms that are too smal, kitchens that don't have enough cabinet space, not enou...
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By Robert Hammerstein -201-315-8618, Bergen County NJ Real Estate
(Christie's International Real Estate )
  One of the towns that are not quite considered part of the Pascack Valley is the serene and scenic town of Old Tappan.  In the 1700's, scenic Old Tappan was actually part of Tappan, New York. Nestled between the towns of River Vale, Harrington Park, Norwood and Northvale, this beautiful town is located right on the New York State borderline just 12 miles from NYC.  In the late 1800's a portion of Old Tappan had been part of River Vale but eventually that portion was annexed to Old Tappan.  The Northern Valley Regional High School was not opened until the early 1960's.  It serves the towns of Old Tappan, Northvale, Norwood, Harrington Park and Rockleigh. Growing up in River Vale in the area of town that borders Harrington Park and Old Tappan, the borders were so fuzzy that to Bob and L...
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