Guide Me Home to North Jersey

Is there anywhere more beautiful than autumn in northern New Jersey? I don’t think so. Now add to that natural beauty, colonial history, top-rated schools, small town community events, shopping and commuting convenience, and its no wonder this area is so sought-after by homebuyers.

Since I live and work in this beautiful area, I was lucky enough to take part in a local small town event recently here in Mendham—the Harvest Hustle 5k Run.

The Mendham Borough Home & School Association (MBHSA) presented this first-year fundraiser event. The inspiration was to offer a fall outdoor activity with wide appeal for the community, open to participants of all ages. A staunch advocate for this event was Sgt Richard Morales, a Mendham police officer and father of four school-aged children. A runner himself, as well as a DARE officer and EMT member in town, Sgt Morales, designed the race course and addressed town level issues, such as road closures. Sadly, this past April, Sgt. Morales died suddenly of natural causes. His passing was a blow felt throughout the community. The MBHSA decided to dedicate this event in thankful and loving memory to Sgt Richard Morales.

Just in case you’ve been hearing a lot of good real estate news lately, here’s what it means to you, the home seller.

Yes, the market conditions have improved over a year ago. Contract sales have increased. Buyers are buying. But there is still much inventory to sell off before we reach the supply and demand levels at which home prices begin to increase. The good news is that we are at an 8 month supply level now, compared to a 12 month supply at the start of the year.

While contract sales have steadily increased for the first 6 months of 2009—the first time in 3-4 years–so too has the inventory, as pent-up sellers move to the market. The forecast is that following a long flat period, during which inventory is sold off at “bottom” prices, we will slowly see a return to a normal balance of supply and demand and begin to see increases in home values by 2012.

Therefore, for the long haul, price remains the biggest advantage a seller can offer over the competition. All challenges and objections can be overcome with price. In other words…the best price wins.

But if you have your heart set on 2005-2006 peak home values, hang in there…we expect prices to return to peak levels by 2020.

Feel free to contact me for your real estate needs. I can be reached at 973-543-7400 ext. 19 or ampyontek@turpinrealtors.com.

Posted by: Alaina May Pyontek

Mendham Office
8 East Main Street
Mendham, NJ 07945

Phone: 973-543-7400 ext. 19

Email: ampyontek@turpinrealtors.com

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Alaina May Pyontek, a well-respected broker-sales associate in the Mendham Office, is a top producer with a long record of successful sales. Known for her outstanding negotiating skills, she is a consistent member of the company’s Million Dollar Club.

A real estate professional with many years of experience, Alaina joined Turpin in 1992. She embraces the company’s commitment to quality and integrity, which reflects the way she serves her buyers and sellers.

A friendly, outgoing personality as well as her attentiveness, diligence, organizational skills and sensitivity all contribute to Alaina’s success. She truly loves her work and respects the real estate profession, a viewpoint that characterizes all her dealings. Alaina is a popular member of the Mendham sales team, receiving praise from sellers, buyers, attorneys, fellow Realtors and referral agents.

During her earlier ten-year career as a speech and language pathologist, Alaina became adept at problem-solving and recognizing the needs of others. She has a Master of Science degree in communications disorders.

Clients and co-workers remark on Alaina’s attention to detail and smart marketing plans. She puts her exceptional real estate knowledge to work in today’s market, always keeping the best interests of her buyers and sellers in mind.

Going the extra mile defines Alaina’s professional work ethic. She attained her broker’s license in 2005.

She is passionate about family, friends, travel and real estate. Longtime residents of Morris County, Alaina, and her husband Fred, have raised their two children in Chester Township, where they have resided since 1990.