The Rumson Market is HOT! Resources will have you living by the shore this summer. | 5/7/18

The Rumson Housing market is HOT right now! Single family home unit sales are up +2.9%. The median sale price is down -20% and new listings are down -6.7%. The median list price is down -6.7%.

We need inventory out there! NOW is the time to get your house listed & sold. Contact our Office at 732-212-0440 / info@resourcesrealestate.com for a market analysis of your home today.

Check out the Resources Market Report – 1st Quarter results are in and have been updated. For more details on your town: http://bit.ly/resourcesmarketreport.
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Mansion Monday | 2 Browns Dock Road, Rumson, NJ 07760

MANSION MONDAY | 2 Browns Dock Road, Rumson, NJ 07760

– A home of Grandeur sitting on the Navesink River.
– 7 Beds / 7.3 Baths
– Gourmet Kitchen
– Wine Cellar, Theater Room, Spa
– Private Dock and more. Own this piece of luxury today; contact Jessica Hickey at 732-212-0440. #resourcesagentsrock #resourcesproud #resourcesrocks #luxuryhomes #rumson #housegoals #luxuryrealestate http://bit.ly/2brownsdockrd

Market Improves heading into Spring – Resources can get your house listed and sold! | 3/19/18

Monmouth County:

Single Family home unit sales are seeing improvements heading into Spring; +1.4%. The median sale price is +1.3% this week and new listings are down -12.0%. The median list price is +6.7%. The Spring market is around the corner. Contact a Resources Agent today at 732-212-0440 to get your home listed & sold this season! Check out the Resources Market Report for more details on your town:http://bit.ly/resourcesmarketreport

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The Resources Report

Weekly Market Buzz: Resources can get your home sold today. | 3/12/18

Monmouth County:

Single Family home unit sales are still down but seeing improvements heading into Spring; +0.6%. The median sale price is +2.0% this week and new listings are down -14.0%. The median list price is +6.5%. The Spring market is around the corner. Contact a Resources Agent today at 732-212-0440 to get your home listed & sold this season! Check out the Resources Market Report for more details on your town:http://bit.ly/resourcesmarketreport

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Luxury Real Estate.com announces Resources Real Estate to launch Resources Title Company.

Resources Proud:

As featured on Luxury Real Estate.com, we are excited to announce the launch of Resources Title, a joint venture with Foundation Title in New Jersey. Resources Title will offer title insurance services for lenders and owners of both residential and commercial properties, title searches and abstracts, as well as real estate settlement services.

Scott Jakubowski and Courtney Westerlind will act as Resources Title’s sales representatives, bringing between the two of them more than 48 years of experience. “We are thrilled to announce this joint venture,” said Carolynn Ozar-Diakon, Senior Partner and Broker at Resources Real Estate. “Resources Title will allow Resources Real Estate to better serve our clients: both our buyers in their purchases, as well as any of our sellers who may have title issues and concerns.”

“Resources Title is a fantastic new addition to the Resources Real Estate family,” said Thomas McCormack, Managing Partner and Broker at Resources Real Estate. “Aside from the additional services we will now be able to offer our customers, Resources Title will be a superb resource for our own agents who will have greater access to information that can help resolve transactional issues.”

Read more about this exciting new venture here on Luxury Real Estates.com:

https://www.luxuryrealestate.com/news/press_releases/9281-resources-real-estate-launches-resources-title?utm_source=wir&utm_medium=email&utm_campaign=2018-03-07

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Weekly Market Buzz: Resources can sell your home today. | 3/5/18

Monmouth County:

Single Family home unit sales are still down but seeing improvements. The median sale price is +1.8% and new listings are down -14.6%. The median list price is +6.7%.

The Spring market is around the corner. Contact a Resources Agent today at 732-212-0440 to get your home listed & sold this season!

Check out the Resources Market Report for more details on your town:

http://bit.ly/resourcesmarketreport

The Resources Report

 

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The next generation. How do they define Luxury? | 2/27/18

If you have a luxury home to sell, you may want to consider some updates for the newly minted Affluent.

Average age around 37, according to Luxury Portfolio report, they consider Luxury differently than their parents. Although many of them may have inherited their wealth and are accustomed to living “the lifestyle”; they want to use their own brands, they want their own real estate with their own needs met.

Primarily looking for an urban lifestyle or at the very least close to urban areas. They appear to want the “specialty room” whether that be a media room or a large formal dining room. That might come as a surprise to home builders and Realtors alike, as our local luxury homes have had a more open feeling. These younger buyers expect to entertain family members for special occasions and holidays. Traditional values coming back? Of course, privacy and security are run of the mill requirements. Smartphone technology and home amenities go hand in hand for pretty much any savvy home buyer today. Control, locks, lights, music, security systems including security cameras all from a smart phone.

Home gyms and pools are a welcome addition as this generation really understands the need to stay fit and healthy. A pool might be harder to come by with limited urban space – that’s where the suburbs will shine again. Room to grow their families and perhaps be able to take care of elderly parents under the same roof.
The suburbs that will remain popular are the ones with easy access to the urban areas. Train and drive time will be a large consideration. For the local area the NYC fast ferry is a large factor.
 
Don’t expect the luxury buyer to disappear any time soon despite the nay sayers of real estate and the economy.  According to the Credit Suisse Global Wealth Report Personal wealth in the U.S. grew by $8.5 trillion in 2017.
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Weekly Market Buzz | 2/27/18

Monmouth County:

Monmouth County single family homes sales are down -4.9%, in large part, due to lack of inventory.
Median sales price is also down -.08% for the same reason; not enough inventory so the market is skewed. Sellers are reacting to the low inventory by increasing listing prices – up 8.7%

Contact our Corporate Center at 732-212-0440 / info@resourcesrealestate.com for a market analysis of your home.

#resourcesproud #resourcesagentsrock #resourcesrocks #monmouthcounty

Sign up to get the latest Buzz at www.housebuzz.com. Resources Real Estate Luxury Real Estate in Monmouth County, NJ 732-212-0440

The Resources Report

Architectural Digest: Escape the ordinary featuring a Resources illustrious estate | 2/23/18

Escape the Ordinary…

Affluence, Luxury, Design, Lifestyle. We are thrilled to share our featured ad in Architectural Digest; a publication renowned for representing the high end luxury architecture and design from around the world. This publication targets a high end celebrity-like clientele and continues to elevate Resources Real Estate as a leading luxury brand in the market. The spread features an amazing retreat; a sprawling estate on the Navesink River.

This impressive home in Rumson features over 22,000 sqft of magnificence and sits on over 10+ acres located on it’s own private peninsula.  Escape to this retreat today – relax by the pool, rejuvenate yourself in your own personal spa, or refresh yourself from your wine cellar. Grand entertaining or intimate gatherings, this 5 bed / 7.4 bath home adapts to all of your needs.

Resources Real Estate, The Undisputed Leader in Marketing.

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Resources Real Estate Reports a 34% Increase in Sales for 2017; Comments on the New Tax Law

FOR IMMEDIATE RELEASE:

Resources Real Estate Luxury Real Estate in Monmouth County, NJ 732-212-0440Monmouth County, NJ, February 5th, 2018 – Resources Real Estate Reports a 34% Increase in Sales for 2017; Comments on the New Tax Law. Resources Real Estate, Monmouth County’s award-winning luxury real estate firm, released its annual market report recapping 2017.  Resources saw an overall increase of 34% in sales across all categories for the year.

Through December 31st, 2017, Resources Real Estate’s single-family unit sales were up 31.5% relative to 2016 – compare that with 11.33% across all of Monmouth County – while median price for Monmouth County went up 2.47% to $415,000.

2017 was the 10th year in a row of increased unit sales in Monmouth County, overall.  However, the growing popularity of Monmouth County has led to a steep 35.3% decrease in inventory, with Atlantic Highlands at over 45% decrease, which may explain why it was the single town with a lower number of sales relative to 2016.  All other Monmouth County towns in the company survey saw an increase in the number of sales, ranging from a 2.56% increase for Monmouth Beach, all the way up to a 29.06% increase for Colts Neck.  Fair Haven, Red Bank, and Shrewsbury all had sales increases above 25% for 2017.  Spring Lake boasted the highest price for a sale, with a property selling at $7.25M.

“As you can tell, we were busy in 2017,” said Carolynn Ozar-Diakon, Senior Partner and Broker at Resources Real Estate.  “Since the decline in inventory is holding back even greater market increases, we are taking strategic steps to ensure growth in 2018.  We continue to expand our new construction property offerings, as well as introducing our clients’ properties to international buyers.  Customer service is paramount for us, so the launch of Resources Title, a joint venture with Foundation Title, will allow us to offer additional services and expertise to our customers.”

Low inventory, rising sales prices, low mortgage rates, and a strong economy all signal a perfect time to sell.  Some have been wondering how the new tax law will impact real estate markets given the reduction in state and local tax deductions and a lower mortgage interest deduction cap.

Resources Real Estate believes that although there may be some “sorting out” time as taxpayers understand the law’s impact, overall they do not expect any major disruption to the Monmouth County market.  While some higher-end buyers may pause their search due to reduced deductions, these buyers will likely find similar scenarios awaiting them in competing luxury suburban communities in northern New Jersey, Westchester, Long Island, and southern Connecticut.  Monmouth County prices and taxes are generally more favorable compared with much of its competition among NYC commuter communities.

“There’s reason to expect that much of our higher-end market will benefit because of corporate tax benefits and a robust and growing stock market,” said Thomas McCormack, Managing Partner and Broker, “so we are cautiously optimistic about 2018 sales.  We are extremely proud of our 34% sales increase in 2017, and we will continue to innovate with marketing technology, smart promotional activities and by putting our customers’ needs at the forefront of our business.”

More information is available on Resources Real Estate’s “Market Report” at this link: http://www.resourcesrealestate.com/marketreport.html

Home buyers and sellers and those selling or seeking to purchase commercial properties are welcome to contact Resources Real Estate at 732-212-0440 or stop into one of the four local offices in Rumson, Red Bank, Atlantic Highlands, or Monmouth Beach.

About Resources Real Estate:

Resources Real Estate is an award-winning Monmouth County, NJ full-service independent residential brokerage firm, with four offices and a team of more than 95 sales and support personnel.  It has been included in Inc. Magazine’s list of the fastest-growing privately owned companies in the U.S. — the Inc. 5000 — as well as the NJ Biz 250 of the top private companies in New Jersey.  It has been recognized by Who’s Who in Luxury Real Estate for its innovative and superior marketing.  Resources Real Estate was opened by Carolynn Diakon in 2000.  Thomas McCormack has been with the company since 2002, and joined Diakon as a partner in 2010.  Both Diakon and McCormack are members of the prestigious Forbes Real Estate Business Council.  Resources Real Estate locations are: 36 Beach Rd. in Monmouth Beach, NJ, 112 River Rd. in Rumson, NJ, 4A W. Front St. in Red Bank, NJ, and 65 First Ave. in Atlantic Highlands, NJ.

For more information call (732) 212-0440 or visit http://resourcesrealestate.com

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For more information contact:

Jane Robinson: jane@resourcesrealestate.com (732) 212-0440

Resources Real Estate, 112 E. River Rd., Rumson, N.J. 07760

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