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Susie Nam Bergen Realtor, United Real Estate North Jersey Luxury

< This Causes the Most Damage to a Home >

The study revealed the following five most common causes of homeowner’s insurance claims:

• Exterior wind damage: 25% (percentage of claims)
• Non-weather related water damage (i.e. plumbing and appliance issues): 19%
• Hail: 15%
• Weather-related water damage: 11%
• Theft: 6%
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< Newly listed and Open house! >

Open house: Mar 13th, Sun, 2-4pm
15 Woodcrest Dr, Woodcliff Lake, NJ
$835,000, 150 x 200 flat lot, 5 beds, 4 full/2 half baths, over 4200sf.

I proudly represent this impeccably maintained, top quality, customized featured home in a great neighborhood. The location can't be better and the high school was recently ranked #7.
The house has too many great features to describe and you are welcome to stop by to check it out.
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Just listed!
My newest listing in Englewood. It is located in the East Hill of Englewood, next to Fort Lee, very close to everything you need, especially walking to NYC bus stop and house of worship. 
4 beds, 2.5 bath cape cod with walk-out basement. 
Biggest lot in the block. A face-lift is needed but has tons of potential.
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* Newly listed! *
If you are looking for a reasonable rental place, this is it. 
Large studio with enclosed terrace. All free utils included except upgraded cable. One assigned parking. 
Waterfront building with all amenities in perfect location.  
Won't last long.
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Sellers! This is a great chance to sell your property. 
I really feel that there are more demands but much less supplies in this current market. Don't miss this great opportunity!

< Existing home sales rocket upwards in December, no inventory
Posted on January 23, From the WSJ >
U.S. Existing-Home Sales Rebound in December
The U.S. housing market entered 2016 after a year of strong sales, rising prices and dwindling inventories, factors supporting the economy but also likely to cap future gains for the sector.
Existing-home sales rose 14.7% in December from the prior month to a seasonally adjusted annual rate of 5.46 million, the National Association of Realtors said Friday. For all of 2015, sales reached 5.26 million, the highest annual level since 2006, underscoring the long slog back from the housing bust.
But new-home construction hasn’t been keeping up with demand, leading to tight supplies and rising prices.
“In addition to insufficient supply levels, the overall pace of sales this year will be constricted by tepid economic expansion, rising mortgage rates and decreasing demand for buying in oil-producing metro areas,” said NAR Chief Economist Lawrence Yun. He is forecasting a meager 1% rise in existing-home sales for all of 2016.
Inventories of existing homes for sale fell 12% to 1.79 million in December. At 3.9 months’ worth of supply, inventories are at the lowest level in nearly a decade, the Realtors’ group said.
The national median home price, meanwhile, rose to $224,100, up 7.6% from a year earlier. That marks the 46th consecutive month of year-over-year price gains.
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Newly listed!
Renovate or build a dream home. High supporting value in quiet residential street next to Palisade Ave in Fort Lee. 50 x 100 flat lot. 
Won't last long.
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< Open House: 10/18 Sun 1-4pm>
51 Litchult Ln, Mahwah NJ
$509,900, 3 bed, 2.5 bath

Apple Ridge, a beautiful gated community townhouse. 
Big modern kitchen,
living room with F/P, wonderful deck, 
open and bright,
lots of closets,
beautiful hardwood floors, 
great for a play room in lower level. 
Every level gives you space and privacy. 
Common Area, Exercise Rm, F/T Handyman, On Site Mgn, Play Area, Pool, Pool Outdoor, Recycling, Tennis Ct
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Big changes in real estate market taking place in this fall:

1. New Mortgage Disclosure Rules Take Effect Oct. 3
2. The new NJ Realtors® Standard Form of Real Estate Sales Contract, which has been adopted and will go into effect on September 28.
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<Open House: 9/27 Sun 1-3pm >
600 Wishing Well Rd, Wyckoff, NJ

This gracious custom ranch welcomes you to one of the most sought after neighborhoods in Wyckoff. This freshly painted, 5 bedroom, 4bath, with sparkling hardwood floors and large bright rooms sits on a lush, green half acre plus! Professionally landscaped, with newer cac, exterior siding and roof. Lower level offers another option for one floor living, w summer kitchen, br/fb, wic ,large rec room with wood burning fireplace and sliding glass doors to fenced in backyard. All this PLUS... ** 100' from NYC Coach Transportation Bus Stop**
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