June 23, 2017

Broadmoor - 725 Eden Ln Somerdale NJ

Broadmoor Somerdale NJ - Homes For Sale

725 Eden Ln Somerdale NJ 08083 - Broadmoor 

 

Search current inventory of Somerdale NJ Homes For Sale - Broadmoor

Listing Details

Great Broadmoor Somerdale NJ Home For Sale

725 Eden Ln Somerdale NJ 08083 - Broadmoor
Price: $219900
MLS number: 7000465
Bedrooms: 4
Bathrooms: 1.5
Square Footage: 2034

Call Dave Sulvetta 856.889.8163 to check availabilty and arrange a showing

Broadmoor - Gloucester Twp NJ Home For Sale! 

Gloucester Twp NJ Home For Sale! This great 4 bedroom, 1.5 bath, is now available in the Broadmoor section of Gloucester Twp NJ. This home is very well kept and pride of owner ship shines throughout. There are the original hardwood floors through out the home, an updated kitchen and newer HVAC. The exterior has new siding and has been lovingly kept too. Enjoy your Trex low maintenance deck off the back of the home. Newer vinyl fence surrounds the back yard for added privacy. Close to major roads and the Gloucester Premium Outlets. Be the first to see this home!

Beautifully Kept Home

725 Eden Ln Somerdale NJ 08083725 Eden Ln Somerdale NJ 08083725 Eden Ln Somerdale NJ 08083

Click here to see 725 Eden Ln Somerdale NJ 08083

More About Broadmoor Somerdale NJ

Broadmoor is a beautiful Development located in Gloucester Twp NJ and the town of Somerdale. Broadmoor is made up of 3, 4 & 5 bedroom single family residents. This well established development is in high demand for young families starting out that want a safe area for their families to grow. Call Dave Sulvetta with REMAX Connection 856.889.8163, if you are interested in buying or selling in Broadmoor Somerdale NJ. 

Find Similar Homes in the Area

 

 

June 21, 2017

Top Valleybrook Picks

Condos For Sale Valleybrook Blackwood NJDave Sulvetta's Top Valleybrook Picks For The Week Of June 19, 2017

Valleybrook Blackwood NJ Town Homes For Sale

Condo's For Sale Valleybrook Blackwood NJ

From time to time, I will put a few Active listing's in Valleybrook and feature them. If you are considering purchasing OR selling a home in Valleybrook, please give me a call. For the last 5 years, I have been the top producing agent in all of Valleybrook, Blackwood NJ. 

Dave Sulvetta REMAX Connection 856.889.8163

25 Muirfield Court 3 3 1,950 $220,000 $112 61 days
44 La Costa Drive 3 3 1,950 $224,900 $115 34 days
119 La Costa Drive 3 3 1,914 $197,900 $103 162 days
1405 Aberdeen Lane 2 2 1,032 $125,000 $121 12 days
1705 Aberdeen Lane 2 1 804 $94,920 $118 30 days
2003 Wimbledon Way 2 2 1,032 $129,900 $125 109 days

 

June 21, 2017

Top Home Renovations

Selling Your Home? Need Some Ideas For The BEST ROI? 

 

Top Home Renovations for Maximum ROI 

Some Highlights:

  • Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).
  • While big projects like adding a bathroom or a complete kitchen remodel are popular ways to increase a home’s value, something as simple as updating landscaping and curb appeal can have a quick impact on a home’s value.
  • For more information about top renovation projects that net you the most ROI, you can check out the complete list here.

Search ALL Mickleton NJ Homes For Sale

Mullica Hill NJ Homes For Sale 

 

June 20, 2017

You May Have Equity In Your Home!

 

Do You Know How Much Equity You Have in Your Home? | Simplifying The Market

Do You Know How Much Equity You Have in

Your Home?

Price Appreciation = Good News for Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

One million borrowers achieved positive equity over the last year, which means risk continues to steadily decline as a result of increasing home prices.”

Frank Martell, President and CEO of CoreLogic, believes this is a great sign for the market in 2017 as well, as he had this to say:

Homeowner equity increased by $766 billion over the last year, the largest increase since Q2 2014. The rising cushion of home equity is one of the main drivers of improved mortgage performance. Since home equity is the largest source of homeowner wealth, the increase in home equity also supports consumer balance sheets, spending and the broader economy.”

This is great news for homeowners! But, do they realize that their equity position has changed?

According to the Fannie Mae’s Home Purchase Sentiment Index (HPSI), more homeowners are beginning to realize that they may have more equity than they first thought.

This is only the second time in the survey’s history that the net share of those saying it’s a good time to sell surpassed the net share of those saying it’s a good time to buy.

78.8% of homeowners have significant equity (more than 20%) in their homes today!

This means that many Americans with a mortgage have an opportunity to take advantage of today’s seller’s market. With a sizeable equity position, many homeowners could easily move into a housing situation that better meets their current needs (moving to a larger home or downsizing).

Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae spoke out on this issue:

“High home prices have led many consumers to give us the first clear indication we’ve seen in the National Housing Survey’s seven-year history that they think it’s now a seller’s market. However, we continue to see a lack of housing supply as many potential sellers are unwilling or unable to put their homes on the market…” 

Bottom Line

If you are one of the many Americans who is unsure of how much equity you have built in your home, don’t let that be the reason you fail to move on to your dream home in 2017! Let’s get together to evaluate your situation!

Search Homes For Sale

June 19, 2017

Is it Now Cheaper To Buy than Rent?

Buying a Home, Could be Cheaper than Renting in the USA - By 33.1%

 

Dave Sulvetta MySouthJerseyHome

Buying Is Now 33.1% Cheaper Than Renting in the US

The updated numbers actually show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

Other interesting findings in the report include:

  • Interest rates have remained low and, even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.
  • With rents & home values moving in tandem, shifts in the ‘rent vs. buy’ decision are largely driven by changes in mortgage interest rates.
  • Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line

Buying a home makes sense socially and financially. 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.

Search Homes For Sale in Camden County NJ

June 19, 2017

Valleybrook Blackwood NJ Active Properties

Homes For Sale In Valleybrook Blackwood NJ For June 2017

valleybrook blackwood nj 08012Search presently active homes for sale in Valleybrook Blackwood NJ

If you're looking to purchase a home in Valleybrook Blackwood NJ, you've come to the right place. Valleybrook is a community made up of approximately 1100 town homes and or condos. Conveniently located near highways and shopping, makes Valleybrook an ideal place to live and play! 

Search more Valleybrook Homes For Sale

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
204 Doral Drive 3 3 1,958 $249,000 $127 581 days
32 Valleybrook Court 3 3 2,026 $239,900 $118 35 days
39 Pinehurst Court 3 3 1,332 $227,999 $171 56 days
25 Muirfield Court 3 3 1,950 $225,000 $115 59 days
44 La Costa Drive 3 3 1,950 $224,900 $115 32 days
141 La Costa Drive 3 3 1,914 $219,900 $114 79 days
36 Pebble Lane 3 2 1,332 $215,000 $161 39 days
135 La Costa Drive 3 3 1,914 $210,000 $109 135 days
157 La Costa Drive 3 3 1,950 $209,900 $107 81 days
184 La Costa Drive 3 3 1,914 $199,900 $104 151 days
204 Doral Drive 3 3 1,958 $199,000 $101 312 days
80 Pebble Lane 2 4 1,332 $198,000 $148 84 days
119 La Costa Drive 3 3 1,914 $197,900 $103 160 days
19 Valleybrook Court 3 3 1,950 $191,000 $97 299 days
26 Augusta Lane 2 3 1,520 $169,900 $111 0 days
12 Pinehurst Court 3 2 1,382 $169,900 $122 52 days
2002 Doral Drive 3 3 1,572 $164,900 $104 224 days
166 La Costa Drive 2 3 1,520 $159,900 $105 191 days
4808 Aberdeen Lane 2 2 1,296 $149,500 $115 12 days
2006 Wimbledon Way 2 2 1,516 $139,900 $92 99 days
3301 Wimbledon Way 2 2 1,200 $137,000 $114 29 days
49 Pinehurst Court 3 3 1,422 $134,999 $94 520 days
2003 Wimbledon Way 2 2 1,032 $129,900 $125 107 days
3707 Aberdeen Lane 2 1 944 $124,900 $132 201 days
907 Aberdeen Lane 2 1 804 $119,900 $149 5 days
1705 Aberdeen Lane 2 1 804 $94,920 $118 28 days

Valleybrook town homes and condos for sale

June 19, 2017

Valleybrook Market Update June 2017

What Sold in Valleybrook, Blackwood NJ 08012 for Six Months Up To June 19 2017

Search all Valleybrook Blackwood NJ Town Homes and Condos For Sale

Valleybrook is a town home and condominium community located in Blackwood NJ. Close to Center City Philadelphia and the new Premium Outlets, parks and highways. Thisis what makes Valleybrook, one of the best condo and town home developments to live in! 

Below is what sold in Valleybrook for the last 6 months

Sold Properties
Address Beds Baths Living ft2 Sold Price Cost per ft2 Sold Date
2 Muirfield Court 3 3 1,950 $226,000 $115 5/5/17
96 La Costa Drive 3 3 1,950 $217,500 $111 3/10/17
35 La Costa Drive 3 3 1,950 $217,000 $111 2/17/17
117 La Costa Drive 3 3 1,914 $215,000 $112 4/10/17
23 Augusta Lane 3 3 1,914 $186,800 $97 2/10/17
4 Pinehurst Court 2 2 1,320 $167,000 $126 5/26/17
21 Valleybrook Court 2 3 1,534 $166,000 $108 3/31/17
27 Greens Way 2 3 1,534 $160,000 $104 2/3/17
4902 Aberdeen Lane 2 2 1,334 $147,000 $110 3/17/17
4607 Aberdeen Lane 2 2 1,032 $140,000 $135 5/9/17
4302 Aberdeen Lane 2 2 1,296 $138,000 $106 4/13/17
3801 Aberdeen Lane 2 2 1,200 $137,500 $114 3/31/17
3708 Aberdeen Lane 2 2 1,200 $136,820 $114 2/17/17
4207 Aberdeen Lane 2 1 944 $135,000 $143 3/13/17
4802 Aberdeen Lane 2 2 1,200 $135,000 $112 3/1/17
1302 Aberdeen Lane 2 1 1,048 $132,500 $126 6/2/17
2208 Wimbledon Way 3 2 1,334 $129,900 $97 5/31/17
1607 Aberdeen Lane 2 2 1,032 $125,000 $121 3/6/17
2806 Wimbledon Way 3 4 1,569 $123,609 $78 2/6/17
505 Wimbledon Way 2 2 1,080 $115,000 $106 3/17/17
1501 Aberdeen Lane 2 2 1,188 $114,980 $96 5/17/17
804 Aberdeen Lane 2 1 1,000 $75,000 $75 3/31/17
           

Average price per sq ft is $110. While average sq ft is 1387.

Search more Valleybrook condos and town homes for sale

Contact Dave Sulvetta - Valleybrook's top Realtor for more information on Valleybrook and other South Jersey Town's. 

June 4, 2017

How's The Market - Valleybrook Blackwood NJ

HOW’S THE MARKET VALLEYBROOK BLACKWOOD NJ

Valleybrook Blackwood NJVALLEYBROOK CONDOS & TOWN HOMES BLACKWOOD NJ – WHAT SOLD TO DATE IN 2016 -  Here is a just a quick view of what sold so far in 2016 for Valleybrook, Blackwood NJ – Valleybrook Condos and Town homes – This includes all divisions of the development.Check out my Valleybrook, year in review which will be delivered to your mailbox in early 2017!

As always, if you have any questions, or are thinking about listing your Valleybrook Home, please give me a call. 856.889.8163

Search ALL Valleybrook Homes For Sale

Valleybrook Blackwood NJ Homes For Sale

Here is more information about Valleybrook Blackwood NJ

Contact Dave Sulvetta

Address Sold Price Settled Date Subdivision
86 Pebble Ln $155,000 6/29/2016 Glen Eagles
21 Cypress Point Ct $215,000 8/5/2016 Valleybrook
804 Master Dr $168,000 9/16/2016 Players Place
55 La Costa Dr $195,000 7/20/2016 The Links
206 Doral Dr $205,000 6/23/2016 Links I I
3807 Aberdeen Ln $127,000 8/15/2016 Players Place
47 Greens Way $203,000 2/12/2016 Valleybrook
17 Pinehurst Ct $162,500 2/22/2016 Glen Eagles
100 La Costa Dr $207,000 4/29/2016 The Links
4404 Aberdeen Ln $162,000 2/29/2016 Players Place
505 Doral Dr $178,000 9/22/2016 St Andrews
31 Cypress Point Ct $182,500 4/28/2016 Links I I
1507 Aberdeen Ln $123,000 5/20/2016 Players Place
68 Pebble Ln $170,000 4/28/2016 Glen Eagles
32 Pebble Ln $155,000 6/3/2016 Glen Eagles
152 La Costa Dr $188,000 7/29/2016 The Links
67 Greens Way $187,000 9/30/2016 Valleybrook
17 Greens Way $170,000 7/5/2016 The Links
76 La Costa Dr $215,000 8/22/2016 The Links
4202 Aberdeen Ln $142,500 9/19/2016 Players Place II
19 Pinehurst Ct $179,000 7/29/2016 Glen Eagles
117 La Costa Dr $141,326 3/4/2016 The Links
802 Aberdeen Ln $125,000 4/29/2016 Players Place
2108 Wimbledon Way $149,900 6/13/2016 Players Place II
5005 Aberdeen Ln $142,000 9/30/2016 Players Place II
407 Wimbledon Way $125,000 3/24/2016 Players Place
158 La Costa Dr $218,500 8/4/2016 The Links
4405 Aberdeen Ln $183,000 9/23/2016 Players Place II
2307 Wimbledon Way $129,000 5/6/2016 Players Place II
4901 Aberdeen Ln $129,000 2/26/2016 Players Place II
4 Bayhill Ct $163,500 9/27/2016 Glen Eagles
4 Cypress Point Ct $73,000 4/20/2016 Links I I
3107 Aberdeen Ln $123,000 9/1/2016 Players Place II
21 Pinehurst Ct $167,000 5/31/2016 Glen Eagles
48 Greens Way $217,000 1/29/2016 Valleybrook
3606 Aberdeen Ln $164,500 8/26/2016 Players Place II
302 Masters Dr $172,000 4/29/2016 Valleybrook
105 Doral Dr $171,000 5/6/2016 Valleybrook
17 Valleybrook Ct $230,000 5/27/2016 Links I I
1701 Aberdeen Ln $113,900 2/26/2016 Players Place
3406 Wimbledon Way $150,000 1/29/2016 Players Place

 

 

Dec. 22, 2016

Rates Went Up: What Does that Mean for Housing?

The Fed Raised Rates: What Does that Mean for Housing? | Simplifying The Market

 You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?

Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund's target rate at their December meeting. For only the second time in a decade, this is exactly what happened.

There were many factors that contributed to the 0.25 point increase (from 0.50 to 0.75), but many are pointing to the latest jobs report and low unemployment rate (4.6%) as the main reason.

Tim Manni, Mortgage Expert at Nerd Wallet, had this to say,

“Homebuyers shouldn’t be particularly concerned with [last week’s] Fed move. Even with rates hovering over 4 percent, they’re still historically low. Most market observers are expecting a gradual rise in home loan rates in the near term, anticipating mortgage rates to stay under 5 percent through 2017.”

Bottom Line

Only time will tell what the long-term impact of the rate hike will be, but in the short term, there should be no reason for alarm.

Search ALL Mickleton Homes For Sale

Search All Haddon Heights NJ Homes For Sale

Search Broadmoor Somerdale NJ Homes For Sale

Search All Homes For Sale In Valleybrook Blackwood NJ

Posted in Buyers, Featured, Sellers
Dec. 8, 2016

Will Increasing Mortgage Rates Impact Home Prices?

mysouthjerseyhome.com

 There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined by the price of the home, plus the cost of financing that home. If mortgage interest rates increase, fewer people will be able to buy, and logic says prices will fall if demand decreases.

However, history shows us that this has not been the case the last four times mortgage interest rates dramatically increased.

Here is a graph showing what actually happened:

Will Increasing Mortgage Rates Impact Home Prices? | MyKCM

Last week, in an article titled “Higher Rates Don’t Mean Lower House Prices After All, the Wall Street Journal revealed that a recent study by John Burns Real Estate Consulting Inc. found that:

“[P]rices weren’t especially sensitive to rising rates, particularly in the presence of other positive economic factors, such as strong job growth, rising wages and improving consumer confidence.”

Last week’s jobs report was strong and the Conference Board just reported that the Consumer Confidence Index was back to pre-recession levels.

Bottom Line

We will have to wait and see what happens as we move forward, but a decrease in home prices should rates go up is anything but guaranteed.