ERA Justin Realty's Sharon Robie Achieves Dreams for Buyers and Sellers

ERA Justin Realty's Sharon Robie Achieves Dreams for Buyers and Sellers

ERA Justin Realtor agent, Sharon Robie proudly explains, “Our ERA Justin Realty sales professionals make dreams come true every day. Imagine how satisfied I feel every time I help a buyer find a home.  I feel as rewarded today as I did when I entered real estate, and especially through my association with ERA Justin Realty. Buying or selling a home may be stressful, navigating purchase and selling paths alone.  Yet, it doesn't have to be when you have a competent, reliable and accessible realtor professional to guide you through the process. Utilizing my well-honed negotiating and people skills, I excel in helping my buyers and sellers navigate through this process. As a member of varied Multiple Listing services, I can show you through hundreds of homes listed by Realtors in New Jersey. It is my pleasure to listen to your needs and dreams, and I'll work tirelessly to facilitate your goals without compromise. I am committed to treating every buyer and seller, as you are my only buyer and seller."

Ron Darby ERA Justin Realty Broker-Owner said, "Since 1950 ERA Justin Realty has been on the cutting edge of top service to the communities, both in listings and sales, as well as our participation in charitable events.  Our slogan, There is a difference in real estate companies carries a strong message, as our management and team of agents work to excel buyer and seller expectations each day.  We prove it each day when one looks at our awards, activities, successful sales and our charitable events.  Check out our activities, all listed on our award search websites, www.ERAJustin.com and www.ERAJustinRealty.com."

"As a full-time Realtor agent, I entered the real estate field because I wanted to work with people, earn an income and have a schedule that would meet my family's needs," said Sharon. "What I discovered along the way was that in real estate you are your own success and that you get out what you put into your work, in the form of personal satisfaction and compensation.  My business is based on going the extra distance for my buyers and sellers each day throughout each year.”

She continued, “Because of our daily priorities, we proudly receive the prestigious ERA  Commitment to Excellence Award, as a premier ERA Real Estate firm. Only outstanding business entities are honored and receive it."

Jennifer Darby, ERA Justin Realty Broker-Owner stated, “Repeat and referral business is a mainstay of our firm.  Sharon has built a base of buyers and sellers who count on her to transact their real estate business. Her production record speaks for itself.  Sharon will perform above your expectations.”

 All ERA Justin Realty full-service realtors can be reached at either of their two Rutherford offices at 118 Jackson Avenue and 57 Park Avenue phone (201) 939-7500, (201) 438-0588 or (201) 438-SOLD.

Ask to see a copy of their over 1,000 reviews of their services from their buyers and sellers. 

Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US

"The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States," according to ERA Justin Realty's Margaret (Peggy) McLaughlin.

In the six years that Trulia has conducted this study, this is the first time that it was cheaper to rent than buy in any of the metropolitan areas. It’s no surprise, however, that those two metros are San Jose and San Francisco, CA, where median home prices have jumped to over $1 million dollars this year. Home values in San Jose have risen 29% in the last year, while rents have remained relatively unchanged.

For the 98 metros where homeownership wins out, 97 of them show a double-digit advantage when buying. The range is an average of 2.0% less expensive in Honolulu (HI), all the way up to 48.9% in Detroit (MI), and 26.3% nationwide!

In order to calculate the true cost of renting vs. buying, Trulia includes all assumed renting costs, including one-time costs (like security deposits), and compares them to the monthly costs of owning a home (insurance, mortgage payments, taxes, and maintenance) including one-time costs (down payments, closing costs, sale proceeds). They also assume that households stay in their home for seven years, put down a 20% down payment, and take out a 30-year fixed rate mortgage.

In 2016, when buying was 41.3% less expensive than renting, the average mortgage rate was the driving force behind the difference. Rates this year are the highest they have been in six years which has narrowed the gap, all while home price appreciation has also been driven up by a lack of homes for sale."

Cheryl Young, Trulia’s Chief Economist, had this to say, “One point deserves emphasizing: The ultra-costly San Francisco Bay Area is not a harbinger for the nation as a whole. While renting may outweigh buying in San Jose and San Francisco, it is unlikely that renting will tip the scales nationally anytime soon.”

Peggy concluded, "Homeownership provides many benefits beyond the financial ones. If you are one of the many renters out there who would like to evaluate your ability to buy this year, let’s get together to find your dream home."  Peggy and the other ERA Justin Realty teammates can be reached at (201)939-7500 or www.ERAJustin.com. 

Collaboration With Move For Hunger To Stock Food Pantries Around The Country

 

Collaboration With Move For Hunger To Stock Food Pantries Around The Country

ERA Justin Realty Owner-Brokers Ron Darby and Jennifer Darby Metzger with their strong administrative staff including Nona Orlando, Cindy Plessel, Mary Ellen Schnackenberg, Glenn Elliot, Jennifer Mazone and Michele Korosy have announced that ERA will be the first real estate brand to work on a national level with Move For Hunger, a non-profit organization that mobilizes the relocation industry to reduce food waste and fight hunger. The collaboration will enable the ERA®  network of participating brokers and their affiliated agents to tap into Move For Hunger's network of more than 1,000 relocation companies to collect food and fill food pantries in advance of the holiday season and support the ERA "Feed the Need" campaign.

"Connecting with ERA agents and brokers both complements and advances our mission, so this collaboration was a natural fit," explained Adam Lowy, founder and executive director of Move For Hunger. "By combining the strength of our network of relocation companies with ERA Real Estate's network of brokers and agents, we have the ability to get food to those who need it most."

"Millions of Americans face food insecurity every day and together with Move For Hunger, we can help put food on the tables of families across the country and locally," said Ron Darby and Jennifer Darby Metzger. "We look forward to working with Move For Hunger to provide our passionate brokers and agents the opportunity to hold local food drives during the upcoming holiday season and beyond."

The ERA "Feed the Need" campaign will kick off officially on Tuesday, November 27th fueled by the power of social media and collaboration.

Darby and Metzger added, "Our ERA brokers and agents have a commitment to service that goes far beyond our residential real estate expertise. We continue to be inspired by the way our team steps up and demonstrates leadership in our communities."

The Feed the Need campaign officially launches with the following brokers and agents: ERA Justin Realty Co., ERA American Real Estate, ERA Neubauer Real Estate, Inc., ERA Davis & Linn, ERA Central Realty, ERA Home Run Real Estate, and ERA Old South Properties, Inc. with more to be announced. 

Michael Anderson: Is the Real Estate Market Getting Back to Normal

Michael Anderson: Is the Real Estate Market Getting Back to Normal

ERA Justin Realtor agent Michael Anderson gives an overview of past, current and future real estate cycles, suggested by Keeping Current Matters. "Housing in a normal real estate market typically appreciate with price swings. Looking back after the bubble burst in June 2007, values depreciated 6.1% annually until February 2012. From March 2012 to today, the market has been recovering with values appreciating annually. These swings in values were caused by ratios between the available supply of inventory and buyer demand in the market. In a normal market, there would be a 6-month supply of housing inventory.

Anderson added, "KCM then suggested, "When the market hit its peak in 2007, homeowners and builders were trying to take advantage of a market that was fueled with inventory levels growing to approximately 7 months. With that, many homes available for sale, there weren’t enough buyers to satisfy the number of homeowners/builders trying to sell, so prices began to fall.

Then, foreclosures came to market. We eventually hit 11 months inventory which caused prices to reduce until early 2012. By that time, inventory levels had fallen to 6.2 months and the market began its recovery.

Over the last five years, inventory levels have remained below the 6-month supply needed for prices to continue to level off. As a result, home prices have increased over that time at percentages above the appreciation levels seen in a more normal market. 

That was the past. What about the future?  We currently have about 4.5-months inventory. This means prices should continue to appreciate at above-normal levels which most experts believe will happen for the next year. However, two things have just occurred that are pointing to the fact that we may be returning to a more normal market.

1. Listing Supply is Increasing, both existing and new construction inventory is on the rise. A past Existing Home Sales Report from the National Association of Realtors revealed that inventory has increased over the last months after months of declining inventory. At the same time, building permits are also increasing which means more new construction coming to market.

2. Ivy Zelman, who is widely respected as an industry expert, reported in her ‘Z’ Report: While we continue to expect a resumption of growth in resale transactions on the back of easing inventory in 2019 and 2020, our real-time view into the market through our Real Estate Broker Survey does suggest that buyers have grown more discerning of late and a level of “pause” has taken hold in many large housing markets. Indicative of this contacts rated buyer demand at 69 on a 0- 100 scale, still above average but down from 74 last year and representing the largest year-over-year decline in the two-year history of our survey."

Anderson concluded, "Based on the KCM information, with supply increasing and demand waning, we may soon be back to a more normal real estate market. We will no longer be in a buyers’ market (like 2007-February 2012) or a sellers’ market (like March 2012- Today).

Prices won’t appreciate at the levels we’ve seen recently, nor will they depreciate. It will be a balanced market where prices remain steady, where buyers will be better able to afford a home, and where sellers will more easily be able to move-up or move-down to a home that better suits their current lifestyles."

Ron Darby, Broker-Owned added, "We are just returning to a more normal market, which in the long run, will be much healthier for you whether you are a buyer or a seller."

ERA JUSTIN REALTY LEADERSHIP CIRCLE THIRD QUARTER 2018

ERA JUSTIN REALTY LEADERSHIP CIRCLE THIRD QUARTER 2018

In addition to being Leadership Circle achievers throughout the third quarter of 2018, Lee Schilare, Jennifer Sullivan, Julia Dagistanli, Carol D. Calamari, Michelle Korosy, Joana Iliescu, and Fara Espandi all know the secrets to real estate success.  It takes dedication from these sales professionals who are part of the ERA Justin Realty success team.  They are focused on exceeding the needs of their sellers and buyers.

They also offer their knowledge to readers on a variety of topics. These articles are available in North Jersey's newspapers: The South Bergenite and The Record, including, Moving And How It Affects Children, How Renters Can Become Buyers, Dollar For Dollar Return On Renovations, Empty Nesters And Returning Children, Avoiding The Money Pit, as well as other timely articles. As a market leader, ERA Justin Realty continues as a "Top-100" ERA firm serving Bergen, Passaic, Hudson, and Essex counties. They continue to grow their firm since opening their doors in 1950. These Realtors and their Broker-Owners Ron Darby and Jennifer Darby Metzger are always busy advising homeowners on topics that aid them in making sound real estate decisions regarding their homes.

They said, “If you are thinking of selling your house in the near future and want to know how much it could sell for, then you should contact one of our achievers and request a Comparative Market Analysis (CMA) to determine its fair market value. Our service is provided free of charge and without obligation.  In conducting a CMA, we have access to a wide array of information, such as databases containing recent listing and selling prices of similar homes in the neighborhood. The resulting analysis can help a homeowner reach a realistic figure of fair market value, deciding on a price that is competitive and consistent with prices other houses in the area have sold. Complete with color photos and detailed information, it makes pricing easier for those planning a sale.  Truly, there is a difference in real estate companies, and our details will make the difference. We believe that in order to exceed expectations of what ERA Justin Realty is about, we must offer more than just real estate basics, we are to be as comprehensive as possible. Proof of our abilities for our clients and customers is reflected in these fine award winner's achievements.  Our sellers have put their reviews in writing. We have them on file, for the asking, ‘What people are saying’ with our report of over 1,000 quotes and reviews from our sellers and buyers.  No other area real estate firm can offer that.”