Moving to Maplewood: Your Home Search, where are prices and rates heading?

Last week KCM produced a blogpost that depicted what could happen if the sooth sayers are correct and housing prices rise 5% and mortgage rates climb to 4% by the end of 2013. Well, KCM was off on one measure--mortgage rates--as this week the did just that. In fact, mortgage rates had the single day highest ever change of 19 basis points just the other day.

Here was their chart:


Why is this chart so important, is because most buyers search by home price first not recognizing how their monthly budget is affected by the prospective and pending changes, let alone differences in effective tax rates on the homes they find in their searches. That is where an agent can add significant value to the proposition. A year ago I had a client that wanted to buy in Maplewood and then determined it wouldn't work for home size/price/budget. However, just a month later, I find a home that fit his needs and his price with taxes that were $2,000 lower than the average home in his search. Happy to say my client and now friend is happy as a clam living in Maplewood.


Mark Slade
Keller Williams
917.797.5059
Good Homes



Selling a Maplewood/South Orange/Millburn/Short Hills area home involves many steps and having an experienced Maplewood New Jersey Real Estate Agent and Realtor®, specializing in the Bedroom Communities of New York City in Essex/Union County— Millburn, Short Hills, Montclair, West Orange, South Orange, Livingston, Maplewood, Springfield, Summit, Madison, Chatham, Scotch Plains, Fanwood, Cranford and Westfield--by your side will make the transaction run a lot smoother. I would love to be your Maplewood/South Orange New Jersey Area Real Estate Professional! I assist both buyers and sellers in the Bedroom Communities of New York City, mostly served by NJ Transit’s Mid-Town Direct Train Lines, offering commutes of 45minute or less to NY Penn Station, with either the purchase and or sale of residential real estate.



As an Accredited Buyer’s Agent (ABR), I have received special training to guide and educate you through the entire home buying process. From start to finish, I listen to your needs and desires in what you would like and take the information you give me to find you home. My GO-TO team can provide you the best in Real Estate advice with regard to attorney choices, Home Inspectors and Mortgage Loan Officers



As your Maplewood/South Orange/Millburn/Short Hills/Essex/Union County New Jersey listing agent I am well versed on as your local expert in all things in the Maplewood and South Orange area Real Estate Market. You can expect personalized service that includes a detailed consultation on how to best position your Mid-Town Direct home to be competitive in today’s market with training to provide my clients with an in-depth Advanced Comparative Market analysis, and advice on staging. As my office’s technology officer as well as both a Zillow Platinum Premier and Trulia Premier agent, I use the latest and most up-to-date marketing methods to get your home in front of as many buyers as possible. Being your New Jersey Real Estate Agent and Realtor ® not only involves just finding the home or selling the home, but being your guide, negotiator, advisor and advocate and making sure that your needs and goals are met. Being your New Jersey Essex/Union County area Realtor® (with a little bit of Morris County thrown in for good measure) is one of my truest passions, and “Helping You Find Your Dream Home” is my number one priority.



Mark Slade