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Friday, February 03, 2023
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Real Estate

Locked Out and Locked In

At an Aufruf I recently attended, the following story was told by a close friend of the groom. Four boys were being hosted for Shabbos by a friend of the family. They were out late Friday, and when they finally returned to the home, the front door was locked. They went around back, but unfortunately, that door was locked as well. The boys

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Ponzi

Having lived through the crash of 1987, the dotcom bubble of 2000 and recession in 2008, I’ve seen my share of market disruption and how it impacts peoples’ lives. A year ago, I highlighted the Yosef story focusing on the idea of saving during the good times in preparation for the seven bad years. Yosef taught us that good times can’t

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Our Local End-of-November Market Update

Last week we looked at the national market and analyzed some general Bergen County statistics, but this week, as we enter the last month of the year, I wanted to highlight the specifics of the Teaneck, Bergenfield and New Milford markets. The trends of low inventory coupled with equally low sales volume is painting a picture of a

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The Irony of It All

Isn’t it ironic to relay that in the midst of inflation, threats of recession and escalating mortgage rates, my last sale realized three competing aggressive, qualified offers un til the ultimate decision was made by the seller of the carefully chosen buyer. Yes, you wonder why and how it elicited the fierce competition at this

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Bang for the Buck, Maybe?

How do you get a lower mortgage rate when buying a home?

Answers:

1. Wait for the market to change and for rates to move down.

Who can predict that? I would say, in this environment, that’s a little risky.

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Israel Real Estate Market

On the subject of the real estate market in Israel, what are the first thoughts that come to mind? Challenging? Daunting? Israelis shouting about how they are going to find you the best price in all of Israel and possibly the whole world?

Having grown up in England, I can assure you that I understand

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Sometimes Getting the Highest Interest Rate Is Best

A man walks into a bar and says, "Free drinks for everyone! I just made my last mortgage payment." Everyone congratulated him and rushed for the free giveaways except for one of his friends who walked over and asked, "You just bought the house a few months ago and said the rate was so high that you were barely making your payments; How

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What Do These Numbers Indicate?

The Wall Street Journal recently wrote about national real estate companies like eXp Realty (NASDAQ EXPI), Compass Realty (NYSE COMP), as well as Redfin Corp. (NASDAQ RDFN) who have experienced what anyone would call a market crash with both of their shares losing close to 70% of their value in just the last 12 months. Could this

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Live the Lux Life in Coastal Netanya, Israel

Presenting an exciting new project in Ir Yamin, Netanya.

(Courtesy of Tivuch Shelly) With much success in the past few months selling beach properties in Netanya, we are currently representing several residential developments ranging from the most exclusive to

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President Albert Einstein?!

In October 2022, the Israeli government approved the establishment of a museum in honor of Albert Einstein, to be located on The Hebrew University’s Safra Campus in Givat Ram, Jerusalem. In addition to the new museum, Albert Einstein’s name is prevalent in Israel, as it adorns street signs in Lod, Petach Tikva, and Haifa. These

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Sometimes Getting the Highest Interest Rate Is Best

A man walks into a bar and says, "Free drinks for everyone! I just made my last mortgage payment." Everyone congratulated him and rushed for the free giveaways except for one of his friends who walked over and asked, "You just bought the house a few months ago and said the rate was so high that you were barely making your payments; How

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Tips for Boosting Indoor Air Quality

(BPT) The arrival of autumn is a good time for homeowners to replace batteries in their smoke detectors and carbon monoxide alarms. And as winter approaches, it’s also a good time to make sure that a home’s heating comfort system is in good working order and ready to support indoor air quality.

Given

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