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Real Estate Tips
Pricing >Market Trends

Last summer your neighbors put their house on the market and had so many buyers that they were on the winning side of a bidding war. Now you are trying to sell your home, and there's just no action.

The real estate marketplace is very unpredictable. Many factors come into play, the most important being interest rates and prevailing sales prices. In a strong seller's market, prices tend to escalate until they reach a certain point where buyers begin to just say no and listing inventories increase. When this happens, sellers who price their homes at the higher level of previous sales prices must re-think their pricing strategies. If they don't, their homes may not sell. Whether you are buying or selling a home, it is important to remember that the shift from a seller's to a buyer's market can occur very quickly. You can count on your agent for sound advice on what phase the market is in right now.

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Real Estate Trivia
Q 
What was the first territorial acquisition made by the U.S. Government?

A 
The Louisiana Purchase from France in 1803 for $15,000,000 increased U.S. national territory by 140%.
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Margery Ostrow, REALTOR®, real estate agent and broker for Mendham, Morris Township and Randolph New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Margery Ostrow
Weichert Realtors, Morristown East

20 Madison Avenue
Morristown, NJ 07960
Office: 973 539 8000
Fax: 973-230-9060
Cell: 201-874-5932
margeryostrow@NUMBER1EXPERT.com

Margery Ostrow has been in the real estate industry for over 18 years, having begun her career in New York City selling cooperative apartments and condominiums on the upper East Side, and immediately became the top-grossing salesperson her first year in business. Moving back to her native New Jersey with her family in 1991 Margery has been selling residences in Morris County ever since. With a proven track record in achieving at least 99% of list price within a 30-day time frame for sellers, Margery can definitely help the seller make more money and see the transaction move faster and smoother, from listing, through marketing and right up to closing. For Buyers she offers strong negotiating skills to help obtain the best price, attention to detail, patience, diligence and, above all, integrity. Through hard, full-time work and dedication she has achieved extreme success in helping people buy and sell their homes over the years, as a Cendant Mobility Marketing Specialist, Certified New Home Sales Specialist and Certified Corporate Relocation Specialist for ADP and other fine national companies. She has served as an active member of the community, volunteering for local school positions, serving at a local acute care nursing facility, and serving as chairperson of the grant committee of a charitable foundation. Read the testimonials of many whose lives she has touched, and then call Margery to answer all of your real estate questions and concerns!


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