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May 2009 – week 3 Issue
What seals the deal for luxury homes?
Alpine luxury home hosts special event
Mortgage loans rates go down
New housing projects across Bergen County
Why choose Fort Lee
What seals the deal for luxury homes?
Seekers of luxury homes in Bergen County are today asking for much more than a wonderful house. Real estate experts expressed that different home buyers were looking for something special to seal the deal. For many, modern day amenities and appliances was the factor that sealed the deal. Some luxury home sellers also stated that clearing the clutter helped present their home in a better way. A colonial Tenafly home was professionally cleaned and sold at a good price in a short span of 16 days. In some cases however, seekers were looking for a home in an upscale neighborhood. Alpine solved the situation for many such buyers who were willing to shell out little more funds for owing a home in that neighborhood. Luxury homes in Tenafly also sold well, mainly because of the Tenafly school district that provides high end education. For some it also adds on to be located close to famous homes and historic sites. Many buyers also chose to purchase homes that were built by architects and thus enjoyed a highly unique design like Tudor or Norman style of architecture.
Alpine luxury home hosts special event
A special event relevant to breast cancer will soon be held at a private luxury home in Alpine. This Annual Cocktail Reception organized by the Triple Negative Breast Cancer Foundation will be hosted by Malaak Compton-Rock who is well known as the Founder and Director of the Angelrock project. The event will be held on June 11, 2009 from 6:30pm to 9:30pm and will honor various dignitaries. People who will receive honors on this occasion include Robin Roberts, co-anchor of ABCs Good Morning America, Laura Rodgers, philanthropist and community activist and George W Sledge, MD, Professor of Medicine and Pathology. More information regarding the event can be availed from www.tnbcfoundation.org or by emailingMichael@thelawrencecompany.biz.
In new developments, the fixed mortgage rates for 30-year US Home loans were noted to go down as a Federal Reserve Program of buying home loan securities was seen to reduce its rates. Statistics showed that the average rate for a 30-year loan became 4.82% from 4.86% in a week’s time. The 30-year mortgage rates that began at 5.1% in the year’s beginning were thus seen to fall as the year progressed. Real estate expertsand economists are of the opinion that keeping the long-term rates low (especially for mortgage) will help the real estate market to recover faster. Given these changes, applications for mortgage loans in US were seen to rise last week, and the demand for home loan refinancing increased across Bergen County and other parts of New Jersey. Statistics by the Mortgage Bankers Association also revealed that applications to purchase a home or refinance a loan went up by 2.3% in the week ending on May 15, 2009. Also while purchase applications fell by 4.4%, requests to refinance were noted to go up by 4.5%.
New real estate projects across Bergen County
As the real estate market picks up a little after the long spiraling downslide, new real estate projects in various Bergen County towns are up and running. One such luxury real estate project is the Aventine Project which is coming up at Edgewater. Located on 10, Thomson lane, this ten storey residential complex will comprise of 34 duplex condominiums. The project also includes one storey of special space that will be dedicated to commercial use. Spread over 8000 sq feet, the commercial space will offer stores and office space for relevant purposes. Constructed by Architectura Inc. of Edgewater, the real estate project is expected to complete by the end of December 2009.
Fort Lee can prove an excellent neighborhood for all those who are seeking a good and classy environment, with all the typical benefits of Bergen County living. The region has its own set of affluent residents, and many luxury high rise buildings in the region. Located across Lemoine and Palisade Avenues, these luxury Fort Lee homes come equipped with various amenities that help to make life and living easier for its various upwardly mobile residents. Besides this, Fort Lee also has luxury mansions that are located along the cliffs north of Route 5. Those seeking a luxury home in the region will also benefit to know that the area has a decent schooling system also. The Dwight Englewood School that offers classes from pre K to 12th grade is a good private school in the neighborhood. Many real estate experts agree that the town is a good option for all those who are transitioning from a large city to the suburbs. This is because Fort Lee with its easy commute system and neighborhood gives residents a good suburb without making one feel cut off from the city.
Buy a Home in Bergen County
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Find out more about Bergen County homes available for sale. Anat Eisenberg can help you find your dream real estate property. Anat is no ordinary real estate agent. In short, she is professional, honest and dedicated. Call: 201-341-4765 or email here.