J. J. Elek Realty Co.

We Love New Jersey, and Here’s Why

We have the good fortune to live in a part of New Jersey that is reasonably affordable and also quite diverse, and we’re not talking just about food and culture, though that certainly gets an A+ in our book. We’re talking about the fact that, as Middlesex County’s own born-and-bred Jon Bon Jovi once said, […]

Lower Mortgage Rates May Boost Buyer Demand in Central New Jersey Real Estate Markets

Local markets throughout New Jersey continue to see sustained interest, and this week’s news that mortgage rates are drifting lower may get more buyers moving. Asking prices for homes for sale throughout much of New Jersey rose in December, as high interest from potential home buyers and low inventories continue to boost select real estate […]

Real Estate Markets Shift In Response To New Interest Rate Hikes

Real estate markets shift in response to interest rate hikes Real estate markets have shifted in many regions as escalating mortgage interest rates have forced many buyers to reevaluate their homebuying plans and price ranges. However, pockets of demand continue to bolster certain localized markets here in New Jersey, especially in areas where inventories of […]

Five Remodeling Projects that Add Value to Your Home

Whether you’re choosing to stay in your home or planning to sell in the near future, there are certain home improvement projects that will almost always add value to your home. The price of remodeling projects has increased in the most recent years, particularly with the rising costs of construction materials and other home improvement […]

10 Easy Ideas to Add Curb Appeal to Your Home this Fall

You never get a second chance when it comes to first impressions. Curb appeal is more than style or décor. It’s an important first look for any potential buyer that adds interest and even more value to your home. Here are some simple, quick, and easy ideas that will instantly boost the curb appeal of […]

Are Real Estate Markets Cooling as Summer Ends?

As the summer real estate season draws to a close, there are reports nationally that housing prices are trailing lower due to a combination of factors, including higher prices and mortgage rates. What does this mean for real estate markets here in New Jersey? While nationally, the red-hot market, with its intense bidding wars, may […]

Markets Remain Strong as Busy Summer Buying Season Approaches

Strong demand from buyers and low inventories of single-family homes continue to boost real estate prices in markets across New Jersey as the summer season approaches. Markets remain strong despite the recent uptick in mortgage rates. Recently, the Freddie Mac fixed rate 30-year mortgage loan rate increased to 5.30%, the highest rate since 2009. The […]

Demand Remains Strong in NJ Spring Real Estate Markets

The spring real estate season is here and locations throughout Central New Jersey are still experiencing a sellers’ market with low inventories and high demand. Homes and properties are still moving at a quick pace. Potential buyer and sellers need to be aware of some essentials if they’re entering the market. Demand from buyers resumed […]