Livingston, NJ Real Estate Market Activity

Thinking about buying or selling in Livingston, NJ? If you are, read on for useful information pertaining to current Livingston, NJ Real Estate Market Activity. The Shannon Aronson Team likes to keep you in the know so you can make wise real estate decisions.

Livingston, NJ Active Real Estate Listings

The first chart below shows us the number of active listings that were available in Livingston, NJ, by month, from May 2012-April 2013.

Livingston, NJ Active Real Estate Listings May 2012-April 2013

Livingston, NJ Active Real Estate Listings May 2012-April 2013

Livingston, NJ Listings Under Contract

The second chart highlights how many listings have gone under contract in Livingston, NJ, by month, between May 2012 and April 2013.

Livingston, NJ Listings Under Contract May 2012-April 2013

Livingston, NJ Listings Under Contract May 2012-April 2013

Livingston, NJ Real Estate Market Activity

The final chart shows us the most recent Livingston, NJ real estate marketing activity. Specifically, it shows how many new listings came on the market, how many listings went under contract, how many listings had price reductions, and how many properties closed, by week, for the most recent 8 weeks.

Livingston, NJ Real Estate Market Activity 3/15-5/9/13

Livingston, NJ Real Estate Market Activity 3/15-5/9/13

If you still have any questions, please feel free to contact me at 973-214-0691. Please visit my website at www.NJRealEstateDirect.com for even more valuable information!

Midtown Direct New Jersey Towns List Price and Sale Price Comparison

If you’re interested to see what the list price and sale price comparison is for homes listed in our area, I have provided that information for you below! The Shannon Aronson Team likes to put you in the driver’s seat when it comes to making informed real estate decisions.

Midtown Direct New Jersey Towns List Price and Sale Price Comparison

The chart below shows you the average list price and sale price comparison, by town, for the week of 5/3-5/9/13. The information provided is for the following towns: Short Hills, Summit, Chatham Township, Chatham Boro, Madison, South Orange, Maplewood, Livingston, Berkeley Heights, New Providence, and Springfield.

Midtown Direct New Jersey Towns List Price & Sale Price Comparison 5.3-5.9.13

Midtown Direct New Jersey Towns List Price and Sale Price Comparison 5.3-5.9.13

That sums it up! If you have any questions, please feel free to contact me either via email at Shannon@ShannonAronson.com or by phone at 973-214-0691. My website also has a lot of useful information. Please visit at www.NJRealEstateDirect.com.

Millburn/Short Hills Real Estate News is All Good!

Millburn/Short Hills Average Home Sale Price Up Dramatically

Millburn Average Home Sale Price Up DramaticallyWhy are home sellers smiling? The average price of homes sold in Millburn/Short Hills between January 1, and April 30, 2013 rose 15% compared to the same period last year ($1,304,289 vs. $1,136,773, respectively).  The median price also improved significantly, rising from $975,000 to $1,060,000. Factoring in properties that went under contract, the number of units sold during the first four months of this year accelerated 22% compared to the prior year (98 in 2012, 119 in 2013). Read More . . .

Millburn, NJ High-Tech Music Systems at Professional Audio Consultants

What home would be complete without the surround sound of pristine quality music? Even if you’re not a music enthusiast, the moment you hear the notes vibrating through the air you are instantly transformed to another place.

Today, I wanted to share with you an amazing company that has been around for a long time now and continues to provide the utmost of quality service and products. We meet Ralph Tarnofsky of Professional Audio Consultants and he shares with us some of the most innovative products out on the market today.

As a new homeowner or even an existing one, there are some great things the company can do, ranging from assisting with existing music, audio and such systems to helping to install new systems. It can be anywhere from a simple set-up to as complex as you need.

Serving the Millburn and Short Hills area plus surrounding communities, some of the things PAC provides include home entertainment and electrical systems that can be remotely controlled from your smart devices. Lights, music, HVAC and other systems can be seamlessly integrated and controlled with ease from afar. Home theatres, unique music and media systems such as state-of-the-art wireless controlled music libraries that are accessible through your existing music network are just a few of the things PAC offers.

If you are in the process of moving, they also come out to your place and help to de-install, store and then redeliver and reinstall your complete home music and entertainment system. This is an ideal undertaking particularly during renovations as the walls and other building components are open and exposed, allowing added flexibility.

Some new products that are very popular are the Sonos system, which wirelessly gives you access to all Internet and iTunes based music systems plus Sirius, Pandora, Rhapsody and more. The new mirror TV is futuristic yet very much available today. You can set up a mirror that actually turns into a TV with the push of a button; ideal for bedrooms, bathrooms, rec rooms, even offices – the possibilities are endless!

You HAVE to check out this company! Push button, turnkey music, entertainment and convenience that you will realize you never could live without in the first place. Contact Ralph and his team. Visit their website at www.pac-nj.com. Check out their showroom: 182 Essex St. in Millburn. You will NOT regret it!

And of course, if you need anything at all with your real estate endeavors, please call your trusted real estate advisor Shannon Aronson at 973 214 0691 .

Multiple Offers – How to Win!

Everyone’s talking about it. The market is on fire and if you’re a seller, THAT’S GREAT! But if you’re out there trying to find a home to purchase right now there is plenty of competition and quite frankly, it’s probably getting to be very difficult.

But through my many years of experience and dealing with multiple offer situations while representing the buyer’s side of the
transaction, I’ve developed some very effective strategies to help you win the bid. Here are five tried and true ways to turn up the heat on your offer and get it noticed.

Know Your Limits Then Reach for the Sky
Now’s definitely not the time to be playing negotiating games. Sure, that might have been a strong strategy just a few years ago when there was an overabundance of homes on the market and not near as enough buyers to accommodate them. But today, it’s a completely different story. Figure out the highest price you are able and willing to comfortably pay in a multiple offer situation and don’t be afraid to offer that much.

Make It Clean, Make It Simple
As a Realtor® that also represents sellers, I often come across a stack of offers and am sitting there sorting through them with the expectation they will be presented to the seller. The last thing I want to do is confuse the seller with jumbled language, lengthy verbiage or unreadable handwriting leaving us both to wonder what an offer says. Write a simple, clean offer with as little room for
confusion as possible without being vague. A simple cover letter summary page is a great way to highlight the bullet points of your offer.

Demonstrate Financial Strength
No seller wants to dapple with offers that are not 100% solid in terms of financial viability. When looking at several offers, a small earnest money deposit or limited down payment can be viewed as lack of interest of worse, appear to be an inability to afford the property. If you are offering to make a down payment, show proof of funds through a letter from your bank or investment firm and make sure to include a preapproval letter from your lender.

With Down Payment and Deposit, Less Is Not More
When sellers are reviewing offers they are looking for what they perceive as strong interest. It goes without saying that more money is a demonstration of high interest level but how you offer to pay is another consideration. Cash offers are always very attractive since they entail fewer contingencies and procedural hurdles to jump through. But even a larger down payment is more attractive than very little money down. If you can afford it, put down at least 10 percent on the home and submit an earnest deposit amount of at least 1% of the purchase price.

Minimize Contingencies
Many offers contain contingencies, upon which the purchase agreements depend before being executed. For instance, a buyer might make an offer on a home contingent of the sale of their existing home. There are also inspection and mortgage contingencies. You may not be able to eliminate all of them but whenever possible try to be flexible. Shorten the length of time for buyer investigations
by offering to schedule your inspections soon after your offer is accepted.
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These are just a few of the strategies we employ when serving our buyer clients in what is a very strong seller-controlled marketplace. If you’d like to hear some more of the tricks we have to get you the home of your dreams, contact me today at

NEW RENTAL LISTING LOCATED AT 14 EDGEWOOD TERRACE MILLBURN NJ

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Front view of 14 Edgewood Terrace Millburn NJ

Kitchen

Eat in Kitchen at 14 Edgewood Terrace Millburn NJ

Living Room

Living Room at 14 Edgewood Terrace Millburn NJ

The Shannon Aronson Real Estate Team just has a great new rental listing located at 14 Edgewood Terrace Millburn NJ. This 4 Bedroom Colonial is located in the desirable Wyoming section in Millburn NJ. This rental has many upgrades such as a large backyard for entertaining, updated bathrooms, beautiful hardwood floors throughout the home, and it is close to downtown Millburn and NYC public transportation.

For more information on this rental in Millburn NJ or other rentals alike, contact the Shannon Aronson Real Estate Team at 973-214-0691 or visit our website for more information www.NJRealEstateDirect.com

NEW LISTING LOCATED AT 1 MACKENZIE LANE NORTH DENVILLE NJ

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Front view of the new listing located in Regency in Denville at 1 Mackenzie Lane North Denville NJ

The Shannon Aronson Real Estate Team just listed a rare listing located in the Denville in Regency at 1 Mackenzie Lane North Denville NJ. This desirable townhouse is an Ashton Model that has a first floor Master Bedroom Suite, 2 large bedrooms and bonus room and second level along with a large loft area. This townhouse in Denville NJ has a lot great upgrades such as granite countertops, all new ceiling fans, new hardwood floor throughout first floor, built in speakers, first floor laundry room, and much more.

For more information on this listing, contact the Shannon Aronson Real Estate Team at 973-214-0691 or visit our website for more information www.NJRealEstateDirect.com

Midtown Direct New Jersey Towns List Price and Sale Price Comparison

Question: What percentage of your listing price can you expect to receive when you sell your house? Answer: Read on! The Shannon Aronson Team  provides you with information that allows you to keep your finger on the pulse of current real estate trends in our area!

Midtown Direct New Jersey Towns List Price and Sale Price Comparison

The chart below shows you the average listing price compared to sales price, by town, for April 26-May 2, 2013. The information is for the towns of: Short Hills, Summit, Chatham Township, Chatham Boro, Madison, South Orange, Maplewood, Livingston, Berkeley Heights, New Providence, and Springfield.

Midtown Direct New Jersey Towns List Price and Sale Price Comparison 4.26.13-5.2.13

Midtown Direct New Jersey Towns List Price and Sale Price Comparison 4.26.13-5.2.13

So, there you have it! If you still have questions, please feel free to contact me at Shannon@ShannonAronson.com, or visit my website at NJRealEstateDirect.com.

NEW CONSTRUCTION LISTING AT 792 FAIRMOUNT AVE CHATHAM TWP NJ

Final Front Rendering 4-22-13 - low

Front rendering of the new construction located at 792 Fairmount Ave Chatham Twp NJ

The Shannon Aronson Real Estate Team just listed a lovely new estate is nestled on nearly three acres of rolling and gracious hillside located at 792 Fairmount Ave Chatham Twp NJ. This new construction listing will captivate any buyer! 792 Fairmount Ave Chatham Twp NJ is a custom built Colonial with 9 bedrooms, 7.5 bathrooms with four completely finished levels. Each room has extensive millwork designer material and expert craftmanship. This home has everything you need.

Also, join us at our public open house this Sunday May 5, 2013 between 2-4pm.

For a private, exclusive showings please contact the Shannon Aronson Real Estate Team at 973-214-0691 or visit our website www.NJRealEstateDirect.com for more information. We look forward to helping our buyers find there dream home in New Jersey.