....well if I had the answer to that, I would be a very rich man! Instead, all I can do is help buyers and sellers accomplish their goals. What I can say is that tomorrow, Feb 1, 2008, don't miss the latest Cranford NJ Real Estate Market Report, which will show the key statistics of pending home sales for January, and number of new listings. This will go a long way in determining which way the 2008 market is trending.
I can tell you from first hand experience, that just this month alone, I have seen or been involved with a few multiple offer situations, and a listing that sold in less than 10 days. I have seen interest rates drop to incredible levels, and more first time buyers jumping into the market than in the past 3 years. These are signs that point to the light at the end of the tunnel in terms of the pricing correction we've seen in Cranford the past few years. While Cranford never saw the type of price corrections that other parts of the country have seen, there was certainly some adjustment from all time high levels of 2005.
Tune back in tomorrow for the numbers!!! (How was that for a teaser???)
Sean Carroll - Realtor, Team Leader
"Team Carroll" - Real Estate Professionals
Serving Cranford, Westfield, Scotch Plains and Berkeley Heights
Of course with such a large financial purchase, it is natural to want to buy as low as you can and sell as high as you can. But I need to caution you buyers out there who are waiting on the sidelines for the only purpose of trying to "Time The Bottom" Here's a fact...by the time the media tells you its the bottom...you will have missed it. Because the bottom cannot be called until we see prices start to go up. Once prices start to go up, you are no longer at the bottom, you are on the rise. :)
So what do you do? Well...if you are planning to buy a home to live in for at least the next several years, then now is a terrific time to buy, and lock in at some fabulous mortgage interest rates. If your home goes down in value in the next 6-12 months, who cares, if you are staying in the house for 4-5 years?? The fact is that just like any other investment such as a stock, bond, mutual fund, or commodity, the prices will rise and fall. If you are thinking long term, then real estate has proven time and time again to be a sound asset, no matter WHEN you buy.
If, on the other hand, your short to mid term plans are very uncertain, or you are looking to make some fast money, then yes...wait on the sidelines, because this market is not for you. That time was in 2001-2005, and we are not likely to see that kind of boom again anytime soon.
Of course I have no crystal ball, but I do know that if you have the home for a long period of time, you will look back on 2008 and likely be glad you made the decision to buy.
Sean Carroll - Realtor, Team Leader
"Team Carroll" - Real Estate Professionals
To receive a FREE daily emailed list of homes in Berkeley Heights, Summit, New Providence, and other towns along the NYC Direct Train Line under $450,000, WITHOUT having to actually speak to an agent..logon to:
http://www.NJAreaRealEstate.com
No calls, no hassles, and totally FREE. Your first list will contain all listings in the desired range and towns, followed each day by new listings or up to date price reductions.
After attending a workshop on the state of the housing market in NJ presented by Jeffrey Otteau and the Otteau Appraisal Group, it became clear that even as the housing market continues to soften for sellers in Cranford, Westfield, Berkeley Heights and New Providence, these towns remain at the "top of the pecking order" in terms of buyer activity. Our area remains driven by Manhattan, NYC, and these towns have the train line with easy access to the city, thus making them still desirable for buyers. These towns have seen price declines, but have maintained manageable inventory around the 6 month levels.
That being said, sellers in these towns still need to be realistic with pricing their home. All this means is that if you as a seller price your home correctly, there is sufficient demand with today's low interest rates and proximity to the NYC train, that you can still be in control of negotiations. Price it too high, and buyers will just move on to the next property.
To get a free market analysis of your Cranford, Westfield, or Berkeley Heights Home, without having to speak to an agent logon to www.UnionCountyHomePricing.com
Sean Carroll - Realtor, Team Leader
"Team Carroll" - Real Estate Professionals
Serving Berkeley Heights, New Providence, Cranford, Westfield, Scotch Plains and surrounding areas
Tonight, I am fortunate to have the opportunity to go to the new Prudential Center in downtown Newark, NJ to see hockey's New Jersey Devils take on the Buffalo Sabres. I have to admit, I am not a Devils Fan, in fact, having grown up outside Philadelphia, I grew up hating the Devils, mainly because they won too much. Anyway...I digress...
I am excited as a resident of Westfield, NJ to simply hop on New Jersey Transit at the Westfield Station (less than a half mile from me, so I can walk) and take the train right to Newark Penn Station, where I am told there is a nice pedestrian walkway to the arena. Living in Westfield, Cranford, or anywhere along these train lines is probably the #1 or #2 reason (schools) why our property values have outperformed the other parts of NJ and national real estate market. Thus, you will never be sorry you bought in a quality community like Cranford, Westfield, or Berkeley Heights, NJ.
While I can't say I will be rooting for the Devils tonight, I will surely have a good time, as I am being treated by a client and a friend so it will be great to catch up...I pay for golf, he pays for sporting events. :)
Sean Carroll - Realtor, Team Leader
"Team Carroll" - Real Estate Professionals.
Serving Cranford, Westfield, Scotch Plains, Berkeley Heights, New Providence and Surrounding Areas
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Team Carroll - We specialize in Cranford, Westfield NJ and surrounding areas as THE local experts on the Cranford and Westfield NJ Real Estate Market. Certified Distressed Property Experts (CDPE)
As a resident of Westfield, NJ, I pride myself on being the local specialist for my neighbors, friends, and new clients in the Cranford, Westfield, Scotch Plains Area. I am a former public school teacher in the Union County area, and the skills I gained as a teacher help me tremendously as a Real Estate Agent.
I believe in providing my clients with as much information as possible. Whether through e-mail searches, online market analyses, or searching the MLS through my website, I believe it is important to give my customers the type of service I would expect from a real estate agent.
I always want to treat people with kindness, courtesy, and respect. By selecting me as your Realtor, I am confident that you will feel as if your needs are my number one priority.
Visit my homepage at http://www.TeamCarrollNJ.com to view properties, and other great free services that I provide for my clients.
If you are looking for a home in Berkeley Heights, Cranford, or surrounding areas, you can receive automatic real estate listing updates by e-mail by logging onto http://www.NjAreaRealEstate.com
Free Comparative Market Analysis by e-mail at: http://www.UnionCountyHomePricing.com
Selling your home in Cranford, NJ? Logon to http://www.Cranfordhomesellers.com for helpful tips to prepare your home for sale.
Sean is a Certified Distressed Property Expert (CDPE). We are passionate about helping homeowners AVOID the devastating consequences of foreclosure.
What Is a CDPE?
The Developers of the Certified Distressed Property Expert Designation (CDPE) believe that in almost all cases the best person for a homeowner in distress to speak with is a well informed Licensed Realtor® that has the tools needed to help that homeowner find the best solution for their situation.
Foreclosure is a devastating financial and emotional process for a homeowner to go through, and in many cases they do so alone and without help of any kind.
An Agent who has earned the CDPE Designation has dedicated their time and effort to understanding the issues distressed homeowners are dealing with. The CDPE Professional is an agent who understands the full range of solutions and is ready to help.
While experiencing financial distress is difficult for any family, the process of finding a real estate professional shouldn't be, Selecting a CDPE agent ensures you are dealing with a professional ready to address your needs.
What Makes Team Carroll the Best Choice for You?
Realtor Code of Ethics
Call Sean Carroll today for all of your real estate needs for Cranford, Westfield, Scotch Plains NJ and surrounding areas.
We just wanted to extend our sincere gratitude to you for all of your efforts and hard work that went into finding us our first home. You were relentless and never lost hope that we would find the right place, even when we thought it was just not meant to be. We cannot thank you enough for all of your support and willingness to be there throughout the entire arduous process. All things considered, we believe that it was you that made it a positive experience for us in the end. We just want you to know that you will be the first person we think of to recommend if any of our friends/family need a realtor! And of course, it goes without saying that we plan to use you for any of our future real estate endeavors. - Erin and Vincent B - Hillsborough, NJ
Keith and I wanted to take this opportunity to thank you for your outstanding support! Throughout the entire house-buying process we have been impressed with your thoroughness, kindness, honesty, knowledge and willingness to go the extra mile on our behalf.
You offered us an objective viewpoint on each house we toured, thereby helping us with our decisions. Furthermore, we were consistently impressed by your willingness to research our questions and concerns without hesitation.
Your generosity didn't stop there, you also took it upon yourself to take and send us digital pictures of homes we were interested in when we could not make it into town.
We really appreciated how comfortable you made us feel during the whole process. You were expedient in returning our calls, searching for properties, and setting up tours.
In finalizing all the detailed work involved in closing the deal and completing the contracts, you were very helpful and were on top of all closing requirements.
It has truly been a pleasure working with you and we can not thank you enough for all of your effort and hard work.
We will recommend you to anyone looking for a highly effective and reliable real estate
agent. Please do not hesitate to use Keith and me as a reference; we can be contacted anytime!
Best Regards, Keith and Yvonne - Red Bank, NJ
We had seen almost 60 houses when we found Sean. He introduced us to Cranford and showed us all the houses we wanted to see. He was patient, kid friendly and worked diligently for us right up to and after the closing. We still keep in touch with Sean and he is still answering questions and supplying us with info a new home owner needs. - Amy and Rich I. - Cranford, NJ
Just want to wish you a Happy New Year and to tell you how much I appreciate receiving the information you send. You are hardworking and industrious and I hope your earnings reflect this. If I were a business owner, I would like to have only people like you working for me. - Carol G in Summit NJ
You were definitely worth every penny! You really understood me, and what I needed, and I could have never sold my home without you! - Sherry R. in Berkeley Heights, NJ
I would like to express my gratitude and my wife's for all your efforts and patience in helping us along in the process of finding a house that met our needs. Your performance as negotiator was admirable, thereby bringing the other side to accept our offer, not once but twice.
Your opinions and knowledge of the real estate business contributed in grand measure to make the whole process a smooth and palatable experience.
It was pleasant to always find you available with timely communication and updates either by phone or
e-mail. We would certainly recommend you to our friends as the
best buying negotiator and agent that we know.
Best regards,
Jaime and Dennys R. - Rahway, NJ
My husband and I were in the market for a new house so I decided to do some research on line. We had used the same realtor on previous occasions but I felt we needed someone with a bit more enthusiasm for the job. I was surfing the internet when I came across Sean Carroll's advertisement and decided to give him a call.
I was not expecting anything as I am the type of person that prefers to have a recommendation before hiring someone. Not only did Sean promptly return my call but he quickly arranged to meet my husband and me at our house to discuss every aspect of the buying and selling process. Sean stayed for over two hours, answering every question that we had. He never once indicated that we were taking up too much of his time. To the contrary, he made sure that every query we had was answered to our satisfaction before he left. My husband and I decided there and then to hire him as our realtor and it was one of the best decisions we made.
Not only is Sean extremely efficient, he is very enthusiastic about his job, reliable, honest and trustworthy. He never once showed us a home that was out of our budget or out of our desired target area to live. He knew exactly what we wanted and didn't stop looking until he found it. Even when things got a little tense with the sellers of our new home, he was there to smooth things over and to ensure that not only were we happy but the seller also.
In the end the transition from our previous home to our dream home was very smooth and that is all thanks to Sean. In fact at the closing the seller's attorney commented that we had an excellent realtor. He said usually in these situations realtors and attorneys do not get on but that Sean was the exception. He truly went above and beyond what we came to expect from a realtor. I have absolutely no hesitation in recommending Sean Carroll as a realtor.
Carmel Broderick & Mark McAvey - Cranford, NJ
You are an excellent example to follow in business. You follow up is commendable. You attention to your customer and every detail of the transaction is flawless. Working with you motivates me in my business. I would feel totally confident recommending you to my clients, associates and friends. Well done!
Melanie R. - Scotch Plains, NJ
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