Westfield, NJ Real Estate News

By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
There's been a flurry of activity in the Westfield luxury home market since the beginning of the year. Several newly constructed homes entered the market in the last 30 days. A few more are under contract. If you're in the market for a new home, now's the time to buy. Read on for a breakdown of the Westfield Area Market Report for January 2018.Westfield Area Market Report for January 2018Active Westfield Luxury Homes for Sale in January 2018 The Garden State MLS reported a total of 21 active Westfield luxury home listings. New construction made up more than 70%. Eleven of these entered the market within the last 30 days. NCN Properties has a custom colonial currently under construction that hit the market 15 days ago. Thirteen days ago, two custom colonials by Villane Construction were ...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
After the boom and subsequent bust of the mid-2000s, the US real estate market hit hard times. Banks tightened their lending standards, making it more difficult for buyers to receive funding for a home purchase. But that all seems to be behind us. A stronger economy, low unemployment, and high consumer confidence have rallied the market. If you've been on the fence about selling your house, 2018 might be the year to make it happen. But don't wait too long. You're going to want to sell your Westfield home sooner rather than later. Why Sell Your Westfield Home Now?Rates Remain Low...for Now While 3% may be a thing of the past, rates remain historically low. Currently, they're in the low 4% range for a 30-year fixed-rate loan. Some financial experts believe we will see rates hit 5% and abo...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
You've decided to sell your Westfield home. One of the tips I previously wrote about to sell it quickly is to let it show. By that, I mean that you need to be willing to let people come look at it at any time. This could take the form of a scheduled open house or private showings. If you prepare for your Westfield open house or a private tour now, it could help alleviate any last-minute stress they might cause.How to Prepare for Your Westfield Open HouseA Clean Home is a Sold HomeIt should go without saying, but the first step in preparing for your Westfield open house is to make sure everything is spotless. Carpets, upholstery, drapes, etc. should be deep cleaned, especially if smokers or pets reside in your home. Clear off the countertops in your kitchen and bathroom. Empty all your t...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
The usual rule of thinking is to lower your asking price when your Westfield home isn't seeing much traffic. But that isn't necessarily the right thing to do in all situations. Several factors help determine how to price your home appropriately for the market. Sometimes, that may mean actually raising your price even after you've had it on the market for a little while. When should you think about increasing your Westfield asking price after listing? When the following scenarios arise.Increasing Your Westfield Asking Price After ListingChanges in the Local Market The real estate market is in constant flux. Sometimes it's up. Sometimes it's down. But, rarely does it stand still. If the Westfield real estate market in your neighborhood has changed since you first listed your property, you...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
The Westfield tax assessment appeal season is coming soon. In fact, the first quarter is when Westfield homeowners can file their appeals. I've seen so many people whose own homes would be more attractive to buyers if the property taxes were lower. By the same token, I've also seen many buyers who would be able to afford more "home" if the property taxes were lower. That peaked my interest in the whole tax appeal process. I've even appealed my own taxes and currently benefit from that. Since the Westfield tax assessment appeal season opens up on Monday, I wanted to share with you what I've learned about the process. Helpful Westfield Tax Assessment Appeal Info Back in February of this year, I hosted a free Westfield tax appeal seminar featuring Jennifer Jacobus, Esq. She handles these k...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
New year, new tax code. Late last week, President Trump signed a bill overhauling the tax system. It goes into effect beginning next Monday, January 1st. Many people are still scrambling to determine how it affects them. You definitely need to talk to your tax attorney, CPA, or financial adviser to see what impact the changes will have on you. Even though we have less than a week before 2018 begins, there are still things you can do now that could save you money on your 2017 Westfield taxes.Ways to Save Money on Your 2017 Westfield Taxes NowPay January's Mortgage TodayOne of the quickest ways to affect your 2017 Westfield taxes is to make an extra mortgage payment this month. The standard deduction doubles beginning January 1st, 2018. If you itemize, this may cost you. By paying January...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Selling your Westfield home during the winter presents itself with certain obstacles we don't experience any other time of the year. First, there's the weather. Fewer buyers are willing to trudge through the snow and freezing temperatures to look at homes. Then, there are the holidays. With just nine shopping days until Christmas and 16 days until New Year's Eve, everyone's running around preparing for parties and presents. Follow these tips for a quick Westfield home sale and you'll be able to tick that off your "to do" list in no time.Tips for a Quick Westfield Home SaleDeep CleaningFirst and foremost, in order to achieve a quick Westfield home sale, you'll need to clean your home from top to bottom. Everything needs to be cleaned, including baseboards, cupboards, drawers, appliances,...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Winter is officially upon us. As snow falls upon our community, the Westfield real estate market begins to slow. With Christmas just over two weeks away, our focus turns to shopping for gifts rather than shopping for houses. That doesn't mean buyers aren't out there looking. But, if you're selling a home right now, you'll see fewer people showing up at your door. The November 2017 Westfield Area Market Report shows that the market has begun to wind down for the year. November 2017 Westfield Area Market ReportActive Westfield Luxury Homes for Sale in November 2017The Garden State MLS reported a total of 24 active Westfield homes on the market. Of those, 15 were newly constructed or were in the process of building built. Fourteen of them hit the market in the last 30 days. One of the acti...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Putting your Westfield home on the market can feel daunting, especially during the hustle and bustle of the holidays. But it doesn't have to be an overwhelming process. Follow these simple steps for your Westfield home sale and you'll do just fine. Countdown to a Westfield Home Sale: What to Do FirstHire a REALTOR@When refinishing furniture or painting a room, doing it yourself may be a great plan. But, when it comes to a Westfield home sale, leave it to the pros. Ask your friends, family, neighbors, and co-workers for references for REALTORS@ in your area. Once you compile a list of names, set up interviews with each. Talk to them about their experience, knowledge of the area, and how often they keep in touch. When you find someone that fits with your personality and requirements, that...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Next Thursday, millions of families across the country sit down to enjoy a sumptuous feast and express thanks for the many blessings they received over the past year. After the turkey and all its trimmings get put away, then it's time to start planning Christmas. There's no better place to start than the Westfield Area Y Men's Club 2017 Christmas Tree Lot.What: Westfield Area Y Men's Club 2017 Christmas Tree LotWhere: 200 Elm St, Westfield, NJWhen: Nov 25th to Dec 23rd, 5 pm to 9 pm Monday-Friday, 9 am to 6 pm Sat & SunContact: Westfield Area Y Men's Club Facebook page, contact via emailWestfield Area Y Men's Club 2017 Christmas Tree Lot Beginning the Saturday after Thanksgiving, the Westfield Area Y Men's Club 2017 Christmas Tree Lot is open for business. The lot stays open seven days ...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
You've been wanting to make a change. Your Westfield home's value increased since you bought it. Maybe your kids flew the coop and you don't need as much space. Perhaps the opposite is true. Your family has outgrown your current housing situation. But before you can move on, you must sell your current property. For this week's Westfield seller tip, learn how to price your home to sell. What's My Westfield Home Worth?First, you should find out what your Westfield home's worth. Several real estate search sites like Zillow and Trulia provide an estimated home value along with the address and asking price. However, these can be way off the mark in terms of the real market value. Instead, visit my Find Your Home's Value page here. Enter your home's address. Then, add your email address and s...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
We're nearing the end of the year. That means it's holiday season. Typically, real estate transactions slow down at this time. If you have your home on the market, don't be discouraged. Learn how to sell your Westfield home during the holidays with these helpful tips. How to Sell Your Westfield Home During the HolidaysHoliday DecorFirst off, yes, you can decorate. Just keep things tasteful. A holiday-themed wreath on the front door and some small fall or winter-themed decorations here and there inside are fine. At Christmas, go ahead and decorate your tree. Add a nice string of lights to frame your Westfield home. Simple decorations during the holidays help make a home feel inviting. Garish, over-the-top decor can make a potential buyer walk away. You may even want to consider hosting a...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
According to Safeguard the World, one US home is broken into every 13 seconds. A home without a security system is three times as likely to be broken into than one with a system in place. But, does a security system add value to your Westfield home? Yes. And in more ways than one. Why Should I Install a Westfield Home Security System?With approximately two million reported home burglaries each year, thieves pose the biggest threat to our homes. Sometimes, the cost of replacing broken windows and doors adds up to more than what may actually be stolen. A home security system deters would-be thieves from breaking into your Westfield home in the first place.Expensive monitoring systems are a thing of the past. In today's marketplace, an investment of a few hundred dollars grants you a state...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Looking for a project? Remake the 1929 Colonial located at 450 Beechwood Pl in Westfield, NJ into exactly what you and your family wants. Demolition has already begun to take place inside this grand single-family home. So, you can add your own personal touches. 450 Beechwood PlaceThis home features a brick fireplace in the living room, four bedrooms, three full baths, one partial bath and an unfinished basement. The sale of this property includes architect plans for an expansive master suite on the third floor. Since this is a partially demolished site, buyers and their representatives enter at their own risk. Must present an all cash offer or secure a reno loan to buy. Sold as-is. Great bones. Primo location.You can view interior photos and suggested floor plans by visiting www.450Beec...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
It seems that the crisp Fall air provided a boost to the Westfield luxury real estate market. According to the September 2017 Westfield Area Market Report, active listings experienced a bit of a jump from their summer counterparts. Newly constructed properties dominated the scene. Meanwhile, sales dropped slightly. However, more homes came under contract. So, we may see a bump in sales by the end of October.September 2017 Westfield Area Market ReportActive Westfield Luxury Homes for Sale in September 2017The Garden State MLS reported a total of 23 active Westfield luxury homes on the market in September 2017. Of these, 15 were either new construction, currently under construction or waiting to be built. Twenty of them came on the market in just the last 30 days. These included colonials...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
On September 7th, 2017, Equifax announced that they detected a security breach in their system at the end of July. Criminals hacked into their files and stole credit card, driver's license and social security information. This breach may have affected as many as 143 million consumers in the United States. Were you a victim of the Equifax hack? If so, what do you do now? Equifax Hack: Was My Information Compromised?After their announcement earlier this month, Equifax set up a website specifically for potential victims of the hacking: EquifaxSecurity2017.com. To find out if your information may have been compromised, click on the "Am I Impacted" link at the top of the page. After you enter the appropriate info, you'll see a quick blurb stating whether or not your information may be at ris...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Exactly two weeks ago, Hurricane Harvey touched down in eastern Texas. When Sandy hit our New Jersey shores, Texans jumped right in to offer assistance. A couple of local residents want to return the favor. They've set up Westfield Hurricane Harvey donation drop-off sites for today and tomorrow. They'd appreciate all the help they can get. Westfield Hurricane Harvey Donation Drop-Off Sites Benjamin Montez currently resides in Westfield but comes from Houston. He also happened to be in Houston on business when Hurricane Harvey hit. Midtown Authentic owner Rory Chadwick, a Hoboken resident, was personally impacted by Sandy five years ago. At that time, a South Carolina businessman donated generators to people in Hoboken. As his way of paying it forward, Rory wishes to return the favor by ...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Every two years, New Jersey Monthly compiles a list of the "Best Places to Live in New Jersey". In Westfield news, our city made the top 100 on that list. In fact, Westfield ranked #34 on the magazine's 2017 list, a big jump from #62 two years ago. What Determines Ranking on Best Places to Live List?First, New Jersey Monthly eliminated any city with less than 1500 people due to lack of any significant data. With the remaining 513 New Jersey towns, they looked at the following factors: home values (median sale price and its change from 2014, average days on the market) property taxes (change in average tax bill, effective tax rate) crime rate (total as well as violent crime by itself) school performance (student proficiency on standardized tests for grades 4 and 8, high school ranking fo...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Two businesses in the Downtown Westfield area want to do their part to give back to the community.  Athleta and The Town Book Store are hosting a Downtown Westfield School Supply Collection 2017 event.  To participate, all you have to do is drop off school supplies at their facilities during normal business hours.  Sounds simple enough, doesn't it?What: Downtown Westfield School Supply Collection 2017 Where: Athleta (234 E Broad St) & The Town Book Store (270 E Broad St) When: Now through September 14th, 2017 Contact: Athleta (908) 518-7620, The Town Book Store (908) 233-3535Downtown Westfield School Supply Collection 2017The children served by the Boys and Girls Clubs of Union County need your help.  Our Westfield students head back to school on September 6th.  While our children may b...
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By Scott Gleason, Westfield NJ New Homes Specialist
(RE/MAX Select)
Saavy Buyers know exactly what they want in today's Westfield real estate market.  They also know what they don't want.  Bugs, pet dander, a high maintenance property and poor quality upgrades mark only a few reasons Buyers turn their backs on a hom.  This week's Westfield home selling tip is how to avoid possible "deal breakers" so you can achieve a successful closure.Westfield Home Selling Tip: Avoid the Deal BreakersPest InfestationBugs.  Mice.  Termites.  Cockroaches.  No one likes to see them.  Yet, somehow, they find their way inside even the best Westfield luxury homes.  Avoid an infestation by hiring a service to clear your home of any pests before you place it on the market.  Talk to your Westfield REALTOR@.  They may be able to recommend someone to you.PetsLet's face it, pets ...
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