Mortgage rates reached another historic low last week. Contact me today to learn how you can take advantage of this great time to buy!
Tom McDonough
Find out the 10 biggest mistakes for home buyers and how to avoid them!
Testimonials
"Having run an international company, I could appreciate the marketing that Tom did for our house. He priced it correctly at $2,250,000 and implimented a marketing plan which produced two full price offers in a few weeks. We were impressed with this extremely thorough transaction."
~Satisfied Seller
"Please let me take this opportunity to thank you for moving my property in Short Hills. I was told that the McDonough name was magic when it came to selling or buying property - now I'm convinced."
~Satisfied Seller
Summit NJ Market Update 6/18/2010
June 18th, 2010
Today there are 126 homes on the market in Summit. This is down slightly from a week ago when the inventory was about 136 houses for sale. There are 6 that are in attorney review. The number of new listings comming onto the market is down while the sales have stayed consistant. Houses over 1 million dollars represent one third of all the real estate activity. My view of the Summit housing market is that it has been very healthy. The lower level of inventory has stablized prices thus bringing the buyers in. The sellers are now able to sell there homes and get a sale close to the asking price. If the mortgage rates remain at a low level the market will continue to flurish.
Looking for a Truly Unique Home?….
June 7th, 2010
Maybe this article will point you in the right direction….
http://www.nj.com/news/index.ssf/2010/06/recession_causes_houses_of_fai.html
Summit High School Hosts Barnes and Noble Book Fair
June 5th, 2010
Today, June 5th, Barnes and Noble will be hosting a book fair at Barnes and Noble in Springfield, NJ. A percentage of the store sales will go to the school PTO. So head to Barnes and Noble and support Summit High School!
Go Summit Lacrosse!
June 4th, 2010
Tomorrow, June 4th, at 3pm, the Summit High School Lacrosse Team will face Saint Joseph of Metuchen in the Tournament of Champions final. Summit will be looking to defend its title and also break the NJ record for the most consecutive games won. The game will be at Yurcak Field of Rutgers University (New Brunswick) in Piscataway. Yurcak Field is on Busch Campus.
Summit NJ Market Update 6/01/2010
June 1st, 2010
It is the first day of June and there are 127 homes of inventory in the Summit NJ real estate market place. Last week there were 8 new listings with another 8 houses in attorney review. There are 83 homes under contract that are waiting to close. In all of these catigories, homes over 1 million dollars represent 1/3rd of the market. The number of houses on the market remains at a low level keeping prices realistic. This combined with low interest rates is maintaining steady sales levels.
-
You are currently browsing the Your New Jersey Real Estate Blog blog archives for June, 2010.
Archives
Categories
- Chatham NJ (17)
- First Time Homebuyer (43)
- For Buyers (45)
- For Sellers (38)
- Home Improvement (8)
- Mortgages (4)
- Summit NJ Real Estate (62)
- Uncategorized (1)
Thomas G. Mcdonough: 428 Springfield Ave, Summit, NJ 07901 Phone: 908-273-0400 Cell: 908-500-2338