June 21, 2017

Top Home Renovations

Selling Your Home? Need Some Ideas For The BEST ROI? 

 

Top Home Renovations for Maximum ROI 

Some Highlights:

  • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).
  • While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
  • For more information about top renovation projects that net you the most ROI, you can check out the complete list here.

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Mullica Hill NJ Homes For Sale 

 

June 20, 2017

You May Have Equity In Your Home!

 

Do You Know How Much Equity You Have in Your Home? | Simplifying The Market

Do You Know How Much Equity You Have in

Your Home?

Price Appreciation = Good News for Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

One million borrowers achieved positive equity over the last year, which means risk continues to steadily decline as a result of increasing home prices.”

Frank Martell, President and CEO of CoreLogic, believes this is a great sign for the market in 2017 as well, as he had this to say:

Homeowner equity increased by $766 billion over the last year, the largest increase since Q2 2014. The rising cushion of home equity is one of the main drivers of improved mortgage performance. Since home equity is the largest source of homeowner wealth, the increase in home equity also supports consumer balance sheets, spending and the broader economy.”

This is great news for homeowners! But, do they realize that their equity position has changed?

According to the Fannie Mae’s Home Purchase Sentiment Index (HPSI), more homeowners are beginning to realize that they may have more equity than they first thought.

This is only the second time in the survey’s history that the net share of those saying it’s a good time to sell surpassed the net share of those saying it’s a good time to buy.

78.8% of homeowners have significant equity (more than 20%) in their homes today!

This means that many Americans with a mortgage have an opportunity to take advantage of today’s seller’s market. With a sizeable equity position, many homeowners could easily move into a housing situation that better meets their current needs (moving to a larger home or downsizing).

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae spoke out on this issue:

“High home prices have led many consumers to give us the first clear indication we’ve seen in the National Housing Survey’s seven-year history that they think it’s now a seller’s market. However, we continue to see a lack of housing supply as many potential sellers are unwilling or unable to put their homes on the market…” 

Bottom Line

If you are one of the many Americans who is unsure of how much equity you have built in your home, don’t let that be the reason you fail to move on to your dream home in 2017! Let’s get together to evaluate your situation!

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June 19, 2017

Is it Now Cheaper To Buy than Rent?

Buying a Home, Could be Cheaper than Renting in the USA - By 33.1%

 

Dave Sulvetta MySouthJerseyHome

Buying Is Now 33.1% Cheaper Than Renting in the US

The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

Other interesting findings in the report include:

  • Interest rates have remained low and, even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.
  • With rents & home values moving in tandem, shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage interest rates.
  • Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line

Buying a home makes sense socially and financially. If you are one of the many renters out there who would like to evaluate your ability to buy this year, let’s get together to find your dream home.

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June 19, 2017

Valleybrook Blackwood NJ Active Properties

Homes For Sale In Valleybrook Blackwood NJ For June 2017

valleybrook blackwood nj 08012Search presently active homes for sale in Valleybrook Blackwood NJ

If you're looking to purchase a home in Valleybrook Blackwood NJ, you've come to the right place. Valleybrook is a community made up of approximately 1100 town homes and or condos. Conveniently located near highways and shopping, makes Valleybrook an ideal place to live and play! 

Search more Valleybrook Homes For Sale

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
204 Doral Drive 3 3 1,958 $249,000 $127 581 days
32 Valleybrook Court 3 3 2,026 $239,900 $118 35 days
39 Pinehurst Court 3 3 1,332 $227,999 $171 56 days
25 Muirfield Court 3 3 1,950 $225,000 $115 59 days
44 La Costa Drive 3 3 1,950 $224,900 $115 32 days
141 La Costa Drive 3 3 1,914 $219,900 $114 79 days
36 Pebble Lane 3 2 1,332 $215,000 $161 39 days
135 La Costa Drive 3 3 1,914 $210,000 $109 135 days
157 La Costa Drive 3 3 1,950 $209,900 $107 81 days
184 La Costa Drive 3 3 1,914 $199,900 $104 151 days
204 Doral Drive 3 3 1,958 $199,000 $101 312 days
80 Pebble Lane 2 4 1,332 $198,000 $148 84 days
119 La Costa Drive 3 3 1,914 $197,900 $103 160 days
19 Valleybrook Court 3 3 1,950 $191,000 $97 299 days
26 Augusta Lane 2 3 1,520 $169,900 $111 0 days
12 Pinehurst Court 3 2 1,382 $169,900 $122 52 days
2002 Doral Drive 3 3 1,572 $164,900 $104 224 days
166 La Costa Drive 2 3 1,520 $159,900 $105 191 days
4808 Aberdeen Lane 2 2 1,296 $149,500 $115 12 days
2006 Wimbledon Way 2 2 1,516 $139,900 $92 99 days
3301 Wimbledon Way 2 2 1,200 $137,000 $114 29 days
49 Pinehurst Court 3 3 1,422 $134,999 $94 520 days
2003 Wimbledon Way 2 2 1,032 $129,900 $125 107 days
3707 Aberdeen Lane 2 1 944 $124,900 $132 201 days
907 Aberdeen Lane 2 1 804 $119,900 $149 5 days
1705 Aberdeen Lane 2 1 804 $94,920 $118 28 days

Valleybrook town homes and condos for sale

June 19, 2017

Valleybrook Market Update June 2017

What Sold in Valleybrook, Blackwood NJ 08012 for Six Months Up To June 19 2017

Search all Valleybrook Blackwood NJ Town Homes and Condos For Sale

Valleybrook is a town home and condominium community located in Blackwood NJ. Close to Center City Philadelphia and the new Premium Outlets, parks and highways. Thisis what makes Valleybrook, one of the best condo and town home developments to live in! 

Below is what sold in Valleybrook for the last 6 months

Sold Properties
Address Beds Baths Living ft2 Sold Price Cost per ft2 Sold Date
2 Muirfield Court 3 3 1,950 $226,000 $115 5/5/17
96 La Costa Drive 3 3 1,950 $217,500 $111 3/10/17
35 La Costa Drive 3 3 1,950 $217,000 $111 2/17/17
117 La Costa Drive 3 3 1,914 $215,000 $112 4/10/17
23 Augusta Lane 3 3 1,914 $186,800 $97 2/10/17
4 Pinehurst Court 2 2 1,320 $167,000 $126 5/26/17
21 Valleybrook Court 2 3 1,534 $166,000 $108 3/31/17
27 Greens Way 2 3 1,534 $160,000 $104 2/3/17
4902 Aberdeen Lane 2 2 1,334 $147,000 $110 3/17/17
4607 Aberdeen Lane 2 2 1,032 $140,000 $135 5/9/17
4302 Aberdeen Lane 2 2 1,296 $138,000 $106 4/13/17
3801 Aberdeen Lane 2 2 1,200 $137,500 $114 3/31/17
3708 Aberdeen Lane 2 2 1,200 $136,820 $114 2/17/17
4207 Aberdeen Lane 2 1 944 $135,000 $143 3/13/17
4802 Aberdeen Lane 2 2 1,200 $135,000 $112 3/1/17
1302 Aberdeen Lane 2 1 1,048 $132,500 $126 6/2/17
2208 Wimbledon Way 3 2 1,334 $129,900 $97 5/31/17
1607 Aberdeen Lane 2 2 1,032 $125,000 $121 3/6/17
2806 Wimbledon Way 3 4 1,569 $123,609 $78 2/6/17
505 Wimbledon Way 2 2 1,080 $115,000 $106 3/17/17
1501 Aberdeen Lane 2 2 1,188 $114,980 $96 5/17/17
804 Aberdeen Lane 2 1 1,000 $75,000 $75 3/31/17
           

Average price per sq ft is $110. While average sq ft is 1387.

Search more Valleybrook condos and town homes for sale

Contact Dave Sulvetta - Valleybrook's top Realtor for more information on Valleybrook and other South Jersey Town's. 

June 15, 2017

Your Closing Date is Key

There are advantages to choosing a closing date either close to the first or close to the last of the month. Whether you are the buyer or the seller, you have a vested interest in the closing date working for you. The date is negotiable until the contract offered by the buyer is accepted by the seller. From that point on, all efforts must be made to ensure the date is met. If you don't close on time, you can complicate your move and risk losing the house. As a buyer, you need to give yourself plenty of time to work out details with your lender. Most people set a closing date 30 to 45 days after the offer is accepted. A home purchase has many moving pieces and there's always a risk that more time will be required than you think. For example, the lender may ask for additional documentation as part of the loan process. Unless you are paying cash, you don't want a quick closing date. Frequently, it is wise to choose a closing date near the end of the month. Interest is prorated from the date you close to the last day of the month, so you will pay less if you close near the 30th. For example, if you close on July 10, you will have to pay 21 days of interest. If you close on July 25, you only pay six days of interest result in a savings of several hundred dollars due at time of closing. However, there are certain advantages to closing early in the month. While you will indeed pay more in pre-paid interest, you won't have a house payment for nearly two months. This may be your best choice when considering cash flow during your move. Loan interest is paid in arrears and your pre-paid interest will cover to the end of the month. If you close in early July, for example, you won't have a house payment due for August until the first of September. Also, because many people choose the end of the month for their closing, it is the busiest time for mortgage brokers. If the lender has a backlog, the closing could be delayed. You will establish an occupancy date as well as a closing date. At closing, you will assume ownership of your new home. However, the actual move-in date may occur later depending on your circumstances. Sometimes the sellers have already vacated the property or will move out immediately upon closing. Others may request an extended occupancy due to the move-in date of their next home and will then pay rent to you as the new home owners until they are gone. Also, you may choose to do some renovation work on your new home before moving in and will plan on a later occupancy date. Of course, your plans will need to coordinate with the move-out date of the property where you currently live. One last tip:  avoid the holiday rush. If you are planning to make your move over a holiday, such as the four-day Thanksgiving weekend, don't schedule your closing date for the Wednesday before Thanksgiving. Back it up to the Monday prior so that any glitches that might arise won't derail your long-weekend moving plans. Throughout the closing process, your real estate agent will guide you in planning dates and avoiding pitfalls. Lean on their expertise and you'll be living in your new dream home before you know it!
Posted in Blog
June 4, 2017

How's The Market - Valleybrook Blackwood NJ

HOW’S THE MARKET VALLEYBROOK BLACKWOOD NJ

Valleybrook Blackwood NJVALLEYBROOK CONDOS & TOWN HOMES BLACKWOOD NJ – WHAT SOLD TO DATE IN 2016 -  Here is a just a quick view of what sold so far in 2016 for Valleybrook, Blackwood NJ – Valleybrook Condos and Town homes – This includes all divisions of the development.Check out my Valleybrook, year in review which will be delivered to your mailbox in early 2017!

As always, if you have any questions, or are thinking about listing your Valleybrook Home, please give me a call. 856.889.8163

Search ALL Valleybrook Homes For Sale

Valleybrook Blackwood NJ Homes For Sale

Here is more information about Valleybrook Blackwood NJ

Contact Dave Sulvetta

Address Sold Price Settled Date Subdivision
86 Pebble Ln $155,000 6/29/2016 Glen Eagles
21 Cypress Point Ct $215,000 8/5/2016 Valleybrook
804 Master Dr $168,000 9/16/2016 Players Place
55 La Costa Dr $195,000 7/20/2016 The Links
206 Doral Dr $205,000 6/23/2016 Links I I
3807 Aberdeen Ln $127,000 8/15/2016 Players Place
47 Greens Way $203,000 2/12/2016 Valleybrook
17 Pinehurst Ct $162,500 2/22/2016 Glen Eagles
100 La Costa Dr $207,000 4/29/2016 The Links
4404 Aberdeen Ln $162,000 2/29/2016 Players Place
505 Doral Dr $178,000 9/22/2016 St Andrews
31 Cypress Point Ct $182,500 4/28/2016 Links I I
1507 Aberdeen Ln $123,000 5/20/2016 Players Place
68 Pebble Ln $170,000 4/28/2016 Glen Eagles
32 Pebble Ln $155,000 6/3/2016 Glen Eagles
152 La Costa Dr $188,000 7/29/2016 The Links
67 Greens Way $187,000 9/30/2016 Valleybrook
17 Greens Way $170,000 7/5/2016 The Links
76 La Costa Dr $215,000 8/22/2016 The Links
4202 Aberdeen Ln $142,500 9/19/2016 Players Place II
19 Pinehurst Ct $179,000 7/29/2016 Glen Eagles
117 La Costa Dr $141,326 3/4/2016 The Links
802 Aberdeen Ln $125,000 4/29/2016 Players Place
2108 Wimbledon Way $149,900 6/13/2016 Players Place II
5005 Aberdeen Ln $142,000 9/30/2016 Players Place II
407 Wimbledon Way $125,000 3/24/2016 Players Place
158 La Costa Dr $218,500 8/4/2016 The Links
4405 Aberdeen Ln $183,000 9/23/2016 Players Place II
2307 Wimbledon Way $129,000 5/6/2016 Players Place II
4901 Aberdeen Ln $129,000 2/26/2016 Players Place II
4 Bayhill Ct $163,500 9/27/2016 Glen Eagles
4 Cypress Point Ct $73,000 4/20/2016 Links I I
3107 Aberdeen Ln $123,000 9/1/2016 Players Place II
21 Pinehurst Ct $167,000 5/31/2016 Glen Eagles
48 Greens Way $217,000 1/29/2016 Valleybrook
3606 Aberdeen Ln $164,500 8/26/2016 Players Place II
302 Masters Dr $172,000 4/29/2016 Valleybrook
105 Doral Dr $171,000 5/6/2016 Valleybrook
17 Valleybrook Ct $230,000 5/27/2016 Links I I
1701 Aberdeen Ln $113,900 2/26/2016 Players Place
3406 Wimbledon Way $150,000 1/29/2016 Players Place

 

 

May 15, 2017

Housing Market Changes with the Seasons

Spring has sprung, which means the housing market is in full bloom. "For Sale" signs are sprouting up along with azaleas and dogwoods as buyers start to search for new homes. Each year, around 40 percent of real estate transactions occur between the months of May and August, with peak inventory times varying some depending on the region. Metropolitan areas in the Sun Belt have a much more consistent market, for example, because of their year-round warm weather. It is important to be aware that although there are advantages to buying and selling in these prime months, they aren't necessarily the best time for real estate transactions. Peak Season Market Tips for Buyers House hunting during peak months has more inventory so you may be more likely to find your dream home. It's also easier to conduct a home inspection when the lawn isn't covered with snow. If there are problems with the air conditioner, the pool, the driveway or the roof, they are easier to spot in the summer. This is the easiest time to make a move with school age children, so families frequently opt for peak month purchases. On the other hand, there is more competition. You may find homes being snapped up before you even have a chance to view them or you might find yourself in a bidding war for prime properties. Sellers are more likely to reject lowball offers or contingency requests. You may also discover that lenders and home inspectors have very busy schedules. Off Season Market Tips for Buyers Because there are usually fewer buyers, you may find that sellers are more willing to negotiate their price. You could find a real bargain if the seller has put the house on the market due to an urgency, such as an unexpected job change or a death in the family. Of course, winter house hunting can be a headache working around the holidays and contending with bad weather. Inspections are more difficult in snowy areas. You might also find a number of homes that are for sale during these months because they failed to sell earlier. Be sure to ask your agent how long a house has been on the market and why it hasn't sold if it has been languishing there for a while. Peak Season Market Tips for Sellers You can expect a better valuation for your home because the increase in sales will give more comparable data with heftier spring/summer sales. If all you have available are lower priced winter comparisons, your valuation could be hurt. Green lawns and blooming flowers will make your home look its best and curb appeal is key. The arrival of daylight savings time means days are longer and buyers have extended time to look. More people viewing your home will give you a larger pool of prospective buyers. While buyers hope to avoid bidding wars, they can be a big bonus for you. Enthusiastic buyers are less likely to demand repairs or make other requests. Off Season Market Tips for Sellers You may have to contend with thrifty buyers who have waited for the off season hoping to find bargains. They may want you to take on closing costs or repairs that you will have to accommodate to get your house sold quickly. Buyers can be pickier this time of year and may decide to pass if your home needs lots of work. The winter weather means more work to make your home look inviting. Shoveling walks and steps is essential both for visual appeal and safe access for visitors. You might want to have photos of your home during the spring months included in your online listing and displayed in the house for buyers to see. Be Smart and Make the Season Work for You Although some people are able to be very precise about when they buy or sell, most moves are dictated by life changes. Ultimately, the best time will be when it's right for you. With the help of an experienced real estate agent, you can navigate the perils and advantages of the housing market no matter the season.
Posted in Blog
May 11, 2017

275 Jackson Rd Mantua NJ 08051 | Mantua Homes For Sale

275 Jackson Rd Mantua NJ 08051

Mantua NJ Homes For Sale - 275 Jackson Rd Mantua NJ 08051

      MLS: 6981181 Bedrooms: 3 possible 4 Baths:1 Schools: Clearview School District Description - 275 Jackson Rd Mantua NJ - This home is ready for it's new owner! Freshly painted both inside and out and clean as a whistle! Nicely landscaped with mature colorful trees in both the front and back of the home and move in condition. There are also new carpets throughout, a back enclosed in patio and an office that can be a 4th bedroom. Come see this home before it's too late! 275 Jackson Rd Mantua NJ 08051 275 Jackson Rd Mantua NJ 08051275 Jackson Rd Mantua NJ 08051 To see this property, Contact Dave Sulvetta REMAX Connection 856.889.8163 Search ALL Mantua NJ Homes For Sale            
Posted in Blog
May 5, 2017

The Cost of Waiting To Purchase A Home!

RATES ARE STILL LOW! IF YOU'RE THINKING ABOUT BUYING A HOME, PLEASE GIVE ME A CALL!

  Dave Sulvetta REMAX
Posted in Blog, Homes For Sale