
Montclair NJ Real Estate Sales Report for September 2011
- By Lina Panza
- Posted



Driving around town this past week, I've seen a huge number of Montclair homes that were hit hard by the snowstorm of October 29. Drooping power lines and downed trees are unfortunately a common sight these days. Power lines are obviously a matter for PSE&G to deal with; trees, however, may be your [...]

For all homeowners tired of advice from realtors on how to sell your home, here is something different--a list on how not to do so.
Ten Things Not to Do When Selling Your Montclair Home
1. Price your home with "room to negotiate." Sellers think that the more they ask for, the more they will get; study after study has shown that this is not [...]




Some of my seller clients spend several months and thousands of dollars upgrading a home before putting it on the market. But for homeowners who are short on time and cash, there are some very effective smaller projects that will increase value and reduce [...]

After 12 months of declining year-on-year home sales (due in large part to the post-tax credit hangover of last April), the middle of May saw NJ's first increase in the number of new contracts written. However, unsold inventory continues to be higher that last year's. In June, there were an average of 268 homes on the market in Montclair as [...]

Seeing a lot of "For Sale" signs around town? Last month in Montclair there were 294 homes on the market as compared to 235 from May of 2010. That's the bad news. The good news is that 30 homes sold, the same number as last May. It took on average 17 days longer to sell a home this May as days-on-market increased from 61 to 78. Median [...]