Maplewood in the NYT again! Just call it “Brooklyn West.” That’s how many of the residents of Maplewood think of their town, especially those who have followed the typical migration pattern of moving from Manhattan to Brooklyn to Maplewood, which they see as an extension of the hip, cultured, community-involved lifestyle they’d grown accustomed to in New York.
I made the move from Brooklyn to Maplewood in 2003 and lived to tell! There is “Life After Brooklyn” and it’s easier with parking and not schlepping a stroller up three flights… The Sunday NYT Real Estate cover story states, “But there comes a point when that hourlong commute becomes difficult to justify, and the realization strikes that a house with a yard in Maplewood, N.J., can be had for about the same price as a condo in Midwood.”
Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Click here to read the five major reasons purchasers should consider buying a home right now!
17 Norfolk Ave. Maplewood, Sold OVER ASKING!
Come by pre-superbowl and check out this tastefully renovated 4 bedroom split level home in Springfield. Nothing to do but move right in! Jitney to Short Hills train station. 8 Christy Lane, Springfield. Off Milltown Rd. $579.
8 Christy Ln., Springfield, Sold OVER ASKING!
Given the low inventory and rising prices in 2013, I predict our local real estate market will ROCK in 2014! And economists from the Federal Reserve agree. “Current inventories of homes for sale are low given more than a year of house price appreciation,” concluded the study Fed by economists William Hedberg and John Krainer released recently. “County-level data suggest that many homeowners are waiting for prices to rise further in their markets. Markets that have seen the strongest house price appreciation and job growth are the ones where for-sale inventories have declined the most.”