Real Estate

Loft Living in Hamilton Park

205 10th Street | Unit 4A This expansive duplex-loft combines the soaring ceilings and massive industrial columns of a vintage factory with the amenities and comforts of an elegant modern home. Unit 4A is a spacious 2-bedroom, 2-bathroom loft with pristine hardwood floors, modern light fixtures, stainless steel and granite kitchen, luxurious granite bathrooms and […]

Tom Gibbons | Sep 30, 2021

Is it still safe to sell your home?

If you’re on the fence about whether you want to sell your home this year, there’s good news.  In the past year we have become highly experienced in how to sell houses safely during the pandemic. Here at Sawyer Smith Residential, we have adopted new technologies and safety measures designed to keep both our buyers […]

Dwell JC | Sep 13, 2021

Q2 2021 Market Report

Downtown Focus: Overall market conditions improved in downtown Jersey City over the same quarter last year, which was impacted by the pandemic. The average sale price of one-bedroom condos rose 1% to $577,000 Two-bedroom condos had the largest increase in average sale prices, which rose 13% to $924,000 Three-bedroom condos also rose 1% to and […]

Dwell JC | Jul 13, 2021

Dealing with an Appraisal Gap

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” […]

Dwell JC | Jun 29, 2021

Where is this market heading?  Four experts weigh in…

Well, 2021 is half over and many are wondering where our housing market is heading during the second half of this year. Here’s a look at what the experts have to say about key factors that will drive the both real estate and the economy forward in the months to come. “. . . […]

Dwell JC | May 25, 2021

Patience is key to buying a home this year

Our real estate market is really heating up as we enter the Spring season.  We’ve been seeing multiple offers on listings, and in one case, a single-family home I listed, received 9 offers in the first week.  Buyers need to be ready to compete.  This is especially true for anyone looking for a single-family home […]

Dwell JC | May 4, 2021

PRICE ADJUSTMENT | 356 Varick – Rare Mixed-Use

Now listed at $2,195,000!!! Located in the heart of downtown Jersey City, this well-maintained income-producing property has three residential units and one commercial unit.  Originally constructed in 1878, the property retains much of its historic charm including high ceilings, hardwood floors, and  original mahogany banisters but has also been updated with central heating and cooling and open-concept […]

Dwell JC | Apr 16, 2021

Time for a paradigm shift in homebuying

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price they could […]

Dwell JC | Mar 29, 2021

To Renovate or not to Renovate

When thinking about selling, homeowners often ask me about what they need to do to get top-dollar.  Many agents are suggesting costly remodeling to make the home more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. […]

Dwell JC | Mar 23, 2021

A Seller’s Market: What it means for you

One thing we can all agree on is that we are in a seller’s market, and it’s a good market for both sellers and buyers because interest rates are super low, and cash buyers are ready to spend their bonuses on their next home.   Realtors measure the market activity in terms of “months of supply”.  If the […]

Dwell JC | Mar 3, 2021