The Zastko Report - October 2012 North Brunswick Market Update Activity in the North Brunswick real estate market continues to be very active. The number of homes sold continues to exceed performance from the previous year. For example, the 2nd Q had approx a 15% increase from 65 to 75.  Similarly,while activity traditionally slows down in the 3rd quarter, it has exceeded its 2nd quarter pace and its increase from 58 homes sold last year to 75 this 3rd quarter is almost a 30% increase [...]

Recently, the Los Angeles Times reported a shortage of available quality homes in several different real estate markets, as buyers are competing over those that are currently available.  Locally in Central Jersey, we've seen similar trends, where quality homes that are priced well in certain markets are selling quickly, whether it's new construction townhomes in North Brunswick or larger colonial homes in neighboring South Brunswick.  Even investment properties are [...]

Click to view the video Things continue to pick up in the Central Jersey real estate market. What's been happening locally and what can we expect? Andrew reviews some of the latest statistics and insights on The Zastko Report. In This Month's Zastko Report: A look back at activity in Middlesex County in February 2012 compared to the year before Why we're seeing a growing number of multiple offers on homes Discussion on some of the latest opportunities for p [...]

The Central Jersey real estate market is turning around..."Relief at Last", says Gloria Zastko, Founder and President of Gloria Zastko, Realtors.  Interest rates are the lowest ever, home prices have stabilized and both buyers' and sellers' pent-up demand are spurring the market.  Right now, the ones making the most of this market are the most informed and educated.  It’s with this in mind that Gloria Zastko, Realtors created their new website, so that [...]

Click to view the video There are some in the media that say that real estate is improving. Is that the case in Central Jersey? What's going on now and what can we expect for 2012? Andrew of Gloria Zastko Realtors lays out some of his observations. In This Month's Zastko Report: A look back at activity in Middlesex County from December 2011 Why is there greater affordability? Are more people looking for homes now, or are they still waiting? Real estate is local.& [...]

If you've been following real estate in New Jersey recently, one popular topic is foreclosure.  It seems to be on the minds of many buyers looking for a great deal, as well as economists concerned about the impact of shadow inventory on the local market, where we have more than 50 months worth of inventory, according to USA Today.  Yet, despite the predicted deluge, we haven't seen a lot of bank-owned homes come on the market.  So, what's going on? What some d [...]