Realty Executives Elite Homes
"Matt went above and beyond to make sure me and my wife were taken care of. Being as this was our first home, Matt walked us through every part of the home buying process and made sure we felt comfortable and confident every step of the way. I'm grateful we had Matt DeFede as our relator and would recommend him to anyone looking for a seamless homebuying process"
Matthew De Fede
Broker/Owner
Realty Executives Elite Homes
653 Franklin Ave.
Nutley NJ 07110
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of these permits were up 7.4% over last year.
More inventory means more options. Lawrence Yun, NAR’s Chief Economist, explained this is good news for the housing market – especially for those looking to buy:
“This rise in single-family housing construction will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.”
More inventory means more competition in Nutley NJ. Today, because of the tremendous lack of inventory, a seller can expect:
With an increase in competition in Nutley NJ, the seller may not enjoy these same benefits. As Chief Economist Nela Richardson, added:
“Because existing home inventory has been so low for so long, new construction is taking a larger share of the market…Builders meet the buyers and see the demand firsthand.”
If you are considering selling your house in Nutley NJ, you’ll want to beat this new competition to market to ensure you get the most attention for your listing and the best price. Call me now at 862-228-0554 to get ahead of the competition of the Spring Market!
Arbor Hills/Belleville - 837K (3rd fl) 1 Bedroom / 1 Bath - $1350.00 Per Mo.
Arbor Hills/Nutley - 2E (1st fl) 1 Bedroom / 1 Bath - $1250.00 Per Mo.
Arbor Hills/Nutley - 18A (1st fl) 1 Bedroom / 1 Bath - $1350.00 Per Mo.
Arbor Hills/Nutley - 16B (1st fl) 1 Bedroom / 1 Bath - $1400.00 Per Mo.
Arbor Hills/Nutley - 20B (1st fl) 1 Bedroom / 1 Bath - $1400.00 Per Mo.
Arbor Hills/Belleville - 828B (1st fl) 2 Bedroom / 1 Bath - $1700.00 Per Mo.
Arbor Hills/Belleville - 838C (1st fl) 1 Bedroom / 1 Bath - $1400.00 Per Mo.
Arbor Hills/Belleville - 832D (1st fl) 1 Bedroom / 1 Bath - $1400.00 Per Mo.
Nutley - 2 Bedroom 1 Bath - 2nd Floor Apartment. Heat included w/2 parking spots - $1575.00
Please call our office at: 973-846-0065 for more information on any of these available rentals.
Realty Executives Elite Homes in Nutley Has The Best Online Presence In Northern New Jersey, And is the only Realty Executives Office Located in Nutley New Jersey 12 Miles Outside of New York City We Focus On NYC Home Buyers Looking For Family Friendly Homes in Essex County, Bergen County & More. We Have Homes in Nutley, Belleville, Clifton New Jersey.
Each office independently owned and operated.
