our services Real Estate Brokerage/Property Management

Humdingers transforms space in Paramus

http://www.njbiz.com/article/20170427/NJBIZ01/170429839/humdingers-transforms-space-in-paramus . . .

New home sales highest since 2008

New home sales for single families totaled 552,000 homes last month. That's the best monthly figure since February 2008 and an encouraging sign of the housing market's momentum.   It was nearly a 6% increase from July, which was also revised up, according to the Census Bureau. Still, the figure is a far cry from the historic average: the average monthly number of new home sales over the last 30 years is 706,000 according to Peter Boockvar, chief market strategist at the Lindsey Group. "Today's figure is encouraging but we've got a LONG way to go," Boockvar wrote in a note to clients. Related: Homes sell fastest in these markets Some economists believe there could be an uptick in home buying as prospective home owners try to lock in a low mortgage rate before the Federal Reserve raises interest rates. The average rate on a 30-year fixed mortgage in August was 3.9%, very low on a historical basis. A decade ago the rate was about 5.8% an . . .

Buy (or sell) your home ... without a real estate agent

  Finding your dream home is a lot like finding the love of your life.   That's why Casamatic takes a dating-app-like approach to house hunting. The Cincinnati-based company matches house hunters with listings by asking the typical questions like desired location, size and budget. But it also asks more personal questions about your favorite foods and activities and whether you want to live close to family and friends.   It then uses information from sites like Yelp and Foursquare along with home listing websites to find properties specifically tailored to your lifestyle.   The site partners with real estate agents to step in when a user is interested in a home.   The service is currently available in Cincinnati and Chicago, but plans to expand into other markets in 2016. . . .

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