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Short Sale Update - Central Jersey

There is still a tremendous amount of Short Sale activity on a national level.  We've seen an increase over the past few years to about 306,000 short sales in 2011, and a predicted 500,000 in 2012, according to JPMorgan and CoreLogic.  Also, in the past month, the National Association of Realtors reported that 14% of sales in February were short sales.  So, what's the trend in Middlesex County? According to data from the Middlesex County Multiple Listing System, 13.6% [...]

Spring 2012 - It's as Good as it Gets!

Spring 2012 is coming up roses in Central Jersey real estate. "It's as good as it gets!" says Gloria Zastko, President of Gloria Zastko, Realtors, and a 39-year veteran in New Jersey Real Estate. "There are reasons to move and to move NOW", cautions Zastko.  Interest rates are the lowest they have ever been.  As the economy continues to improve, there is, however, indication that interest rates will hike and also there is speculation that mortgage qualificat [...]

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