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Archive for April, 2014


Paramus Home Prices and Home Values

Friday, April 18th, 2014

If you own a home in Paramus and are considering listing it for sale on the real estate market, you should contact Anthony Lambiase to receive a FREE 2014 Home Market Analysis Report.  The report will provide Paramus home prices and home values to compare your property.  Anthony Lambiase is a licensed REALTOR® Associate with  RE/MAX Property Center and a Paramus Neighborhood Specialist.  You can get your free home value report along with nearby home sales, average prices, and market conditions today!  Home values depend on the property sold prices, we have a Paramus, NJ home value database that we use to analyze home values.  It uses a combination of sold home prices, and New Jersey public record information of assessed values of homes close to the an address selected in Paramus, NJ to indicate Paramus Home Prices. We are able to research by city, local zip code, or a property address.  To obtain your FREE Home Market Analysis in one easy step call him at 201-292-7653.

http://anthonylambiase.com/wp-content/uploads/2014/04/Paramus-Home-Prices-and-Home-Values-Market-Activity-Report_2014-04-18.pdf

The median home value in Paramus is $625,000. Paramus home values have gone up 13.8% over the past year and we predict they will rise at least 14% within the next year. The median price of homes currently listed in Paramus is 615,000.

Home foreclosures might be a factor having an effect on home values in the following several years.

Mortgage loan delinquency is definitely the initial step in the real estate foreclosure process. At this stage , a home owner doesn’t come up with a house payment. With Paramus home values rising by more than 13.8% in the last year, {many homeowners} are actually surfacing from underwater (Negative Value) with their mortgages, meaning they now have equity greater than their mortgage debt and their home is worth has risen. The percent of Paramus homeowners with positive equity above their mortgage has increased more than New York Metro low and the Paramus home value increase this past year is trending up 13.8%.

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