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<channel>
	<title>Summit-NJ.com</title>
	<atom:link href="http://www.summit-nj.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.summit-nj.com</link>
	<description>Summit NJ Real Estate Guide</description>
	<lastBuildDate>Sun, 27 Mar 2011 20:32:54 +0000</lastBuildDate>
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			<item>
		<title>February Existing-Home Sales Decline</title>
		<link>http://www.summit-nj.com/summitnj-blog/february-existing-home-sales-decline/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/february-existing-home-sales-decline/#comments</comments>
		<pubDate>Sun, 27 Mar 2011 20:32:54 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=570</guid>
		<description><![CDATA[According to the National Association of REALTORS® existing-home sales fell in February following three straight monthly increases. What this means is that fewer buyers went to contract early to late November 2010; part of this trend may be due to harsh winter conditions. As a company, we tend to look at sales volume relative to [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/february-existing-home-sales-decline/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>When Will Prices Reach the Peak Years of 2006 &amp; 2007?</title>
		<link>http://www.summit-nj.com/summitnj-blog/when-will-prices-reach-the-peak-years-of-2006-2007/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/when-will-prices-reach-the-peak-years-of-2006-2007/#comments</comments>
		<pubDate>Sun, 27 Mar 2011 20:03:43 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=567</guid>
		<description><![CDATA[According to Jeffrey Otteau, President of Otteau Valuation group it will take another nine year for us to see those levels. He is predicting that New Jersey will see a 4% decline in home prices this year, but towns with easy commutes to New York City may only see a 1 or 2% decline. In [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/when-will-prices-reach-the-peak-years-of-2006-2007/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summit: Market up 6% over 2009</title>
		<link>http://www.summit-nj.com/summitnj-blog/summit-market-up-6-over-2009/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/summit-market-up-6-over-2009/#comments</comments>
		<pubDate>Sun, 20 Feb 2011 16:23:07 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=552</guid>
		<description><![CDATA[Towns with short commutes to New York City have always maintained their values. Unlike most of the country, we coninue to see strong demand and limited inventories in most towns on the MidTown Direct or Peapack Gladstone NJ tansit train lines.
Todays New York Times article speak to affluence, one item not discussed is that most [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/summit-market-up-6-over-2009/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summit wins 2010 Sustainable Jersey Champion Award</title>
		<link>http://www.summit-nj.com/summitnj-blog/summit-wins-2010-sustainable-jersey-champion-award/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/summit-wins-2010-sustainable-jersey-champion-award/#comments</comments>
		<pubDate>Tue, 21 Dec 2010 16:18:10 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=548</guid>
		<description><![CDATA[SUMMIT – Sustainable Jersey representatives announced at NJ League of Municipalities Conference that the city won a Sustainability Champion award in the medium population category.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/summit-wins-2010-sustainable-jersey-champion-award/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Who is Buying What???</title>
		<link>http://www.summit-nj.com/summitnj-blog/who-is-buying-what/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/who-is-buying-what/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 17:01:44 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=531</guid>
		<description><![CDATA[The 2010 NAR Profile of Home Buyers and Sellers reports that 50% of all surveyed from July 2009 to June 2010 were first time home buyers.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/who-is-buying-what/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Restaurant Opening</title>
		<link>http://www.summit-nj.com/summitnj-blog/new-restaurant-opening/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/new-restaurant-opening/#comments</comments>
		<pubDate>Wed, 17 Nov 2010 16:56:49 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=542</guid>
		<description><![CDATA[ 
Honey Browns, brought to us by our friends at Bona Vita Ostaria opens this Friday @ 7 Union Place in Summit. Serving Brunch, Lunch and Dinner.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/new-restaurant-opening/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Downtown Summit Celebrates the Holidays</title>
		<link>http://www.summit-nj.com/summitnj-blog/downtown-summit-celebrates-the-holidays/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/downtown-summit-celebrates-the-holidays/#comments</comments>
		<pubDate>Sun, 14 Nov 2010 12:15:50 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=539</guid>
		<description><![CDATA[ 
Downtown Summit Inc. kicks off the Holiday December 5  at 3PM with the arrival of Santa Claus.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/downtown-summit-celebrates-the-holidays/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Can I Take Advantage of Low Rates</title>
		<link>http://www.summit-nj.com/summitnj-blog/how-can-i-take-advantage-of-low-rates/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/how-can-i-take-advantage-of-low-rates/#comments</comments>
		<pubDate>Wed, 10 Nov 2010 13:27:28 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=536</guid>
		<description><![CDATA[There are a few strategies that Doug Roller lists in his US News &#38; World Report Novemeber 4th blogpost.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/how-can-i-take-advantage-of-low-rates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Manhattan Real Estate</title>
		<link>http://www.summit-nj.com/summitnj-blog/manhattan-real-estate/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/manhattan-real-estate/#comments</comments>
		<pubDate>Tue, 09 Nov 2010 13:22:31 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=529</guid>
		<description><![CDATA[I like to to stay current with Manhattan real estate for it reflects many of our trends in Summit and other Manhattan bedroom communities on the Midtown Direct and Peapack Gladstone train line. This article printed in the NY Times looks at what the major Manhattan real estate players are predicting for 2011.
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/manhattan-real-estate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mortgage Discount Points</title>
		<link>http://www.summit-nj.com/summitnj-blog/mortgage-discount-points/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/mortgage-discount-points/#comments</comments>
		<pubDate>Mon, 08 Nov 2010 23:04:31 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=523</guid>
		<description><![CDATA[Many are considering refinancing with rates at thier lowest in many years. An interesting approach, rarely mentioned, is the options of buying discount points to lower the rate (rate buy down) even further.
One discount point is 1% of the loan amount, paid at closing. On a $500,000 mortgage one point would cost $5000. and will [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/mortgage-discount-points/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pending Home Sales Slip</title>
		<link>http://www.summit-nj.com/summitnj-blog/pending-home-sales-slip/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/pending-home-sales-slip/#comments</comments>
		<pubDate>Mon, 08 Nov 2010 22:49:02 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=520</guid>
		<description><![CDATA[Pending Home Sales Slip but Modest Recovery Expected in 2011 according to National Association of Realtors. November 5, 2010
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/pending-home-sales-slip/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Parking in Downtown Summit NJ</title>
		<link>http://www.summit-nj.com/summitnj-blog/parking-in-downtown-summit-nj/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/parking-in-downtown-summit-nj/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 17:00:56 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=517</guid>
		<description><![CDATA[Parking has always been a topic of great interest and controversy in Summit.  The facts are simple; there is NOT enough parking for shoppers, restaurant goers and Downtown Summit employees. Common council voted this past week to start charging for parking in shopper lots&#8230;
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/parking-in-downtown-summit-nj/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Closed Sales; Summit October 2010</title>
		<link>http://www.summit-nj.com/summitnj-blog/closed-sales-summit-october-2010/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/closed-sales-summit-october-2010/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 16:31:07 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=514</guid>
		<description><![CDATA[


Summit Closed Sales : October 2010
 






Address
Lt Sz
Acres
List Price
Style
RM
BR
TBT
Gar
Bsmt
Yr Blt
Closed Date
Sold Price
DOM


6 PLAIN ST* 
50X150* 
.17* 
$285,000
Colonial,
6 
2 
2 
0 
Yes 
1890 
10/22/2010
$272,500
15 


133* Summit Avenue Apt. 5 
160 X 282 
1.04* 
$332,500
condo 
6 
2 
1 
1 
No 
1924 
10/01/2010
$319,500
93 


274* WOODLAND AVE* 
60X125* 
.17* 
$375,000
Cape Cod 
6 
3 
2 
1 
Yes 
1937 
10/20/2010
$360,000
45 


82* ASHWOOD AVE* 
0.183* 
.18* 
$449,000
Colonial 
9 
3 
1.1 
2 
Yes 
1925 
10/29/2010
$410,000
102 


54* NEW ENGLAND AVE
.489 AC* 
.49* 
$465,000
Town Unit 
5 
2 
2.1 
2 
Yes 
1984 
10/27/2010
$416,000
21 


19* IRIS RD* 
60X102* 
.14* 
$589,000
Cape Cod 
6 
3 
3 
1 
Yes 
1955 
10/29/2010
$570,000
159 


88* TULIP ST* 
50 X 120 
.14 
$665,000
Colonial 
8 
3 
1.1 
1 
Yes 
1955 
10/29/2010
$655,000
84 


15* Warwick Road 
0.459* 
.46* 
$1,329,000
Colonial 
10 
4 
2.1 
2 
Yes 
1951 
10/28/2010
$1,425,000
15 


25* COLT RD* 
0.65* 
.65* 
$1,499,000
Colonial 
9 
5 
4.1 
2 
Yes 
1958 
10/28/2010
$1,400,000
9 


190* MOUNTAIN AVE* 
0.676* 
.68* 
$1,595,000
Colonial 
9 
5 
5.1 
2 
Yes 
2010 
10/07/2010
$1,525,000
71 


189* BLACKBURN RD* 
0.406* 
.41* 
$1,649,000
Colonial 
10 
4 
4.1 
2 
Yes 
2008 
10/29/2010
$1,560,000
0 


41 DRUID HILL RD 
 
.47 
$1,695,000
Colonial
14 
5 
4.1 
2 
Yes 
1925 
10/01/2010
$1,670,000
126 


49* Bellevue Avenue 
135X172* 
 
$3,695,000
Colonial 
14 
7 
6.1 
3 
Yes 
2007 
10/08/2010
$3,375,000
0 







]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/closed-sales-summit-october-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cell Phone Numbers Go Public</title>
		<link>http://www.summit-nj.com/summitnj-blog/cell-phone-numbers-go-public/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/cell-phone-numbers-go-public/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 18:13:35 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=510</guid>
		<description><![CDATA[REMEMBER: Cell Phone Numbers Go Public this month.
REMINDER&#8230;..  all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls.
&#8230;. YOU WILL BE CHARGED FOR THESE CALLS if you have a LIMITED airtime package
To prevent this, call the following number from your cell phone:     888-382-1222  888-382-1222 .
It is the National [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/cell-phone-numbers-go-public/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summit NJ &amp; The Oscars</title>
		<link>http://www.summit-nj.com/summitnj-blog/summit-nj-the-oscars/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/summit-nj-the-oscars/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 18:01:34 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=505</guid>
		<description><![CDATA[Summit NJ’s own native son Tom Heller movie “Precious: Based on the Novel ‘Push’ by Sapphire.” is nominated for an Oscar. Continue reading &#8230;
MArtha McDonnell
Lois Schneider Realtor / Summit
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/summit-nj-the-oscars/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New FHA Lending Standards Summer 2010</title>
		<link>http://www.summit-nj.com/summitnj-blog/new-fha-lending-standards-summer-2010/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/new-fha-lending-standards-summer-2010/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 16:55:38 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=503</guid>
		<description><![CDATA[Best to buy before new FHA guidelines take effect 
By Octavio Nuiry, Staff Writer RealtyTrac.com 
Starting in early summer, the Federal Housing Administration is tightening lending standards in an effort to bolster its dwindling reserves. The new lending standards will make it tougher for some prospective buyers to purchase a home by requiring a higher down payment [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/new-fha-lending-standards-summer-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Construction:What is Out &amp; What is In</title>
		<link>http://www.summit-nj.com/summitnj-blog/what-is-out-what-is-in-from-nahb/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/what-is-out-what-is-in-from-nahb/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 15:43:33 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>
		<category><![CDATA[NJ Home Buying Guides]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=495</guid>
		<description><![CDATA[Current housing trends, highlighted in separate surveys conducted by the Washington-based trade association and Better Homes and Gardens, released in January at the International Builders’ Show in Las Vegas, showed that consumers are not interested in large ineffecient homes decked out with high-end amenities. Less is More!  What is out: large outdoor kitchens, media rooms and sunrooms. What is in:  walk-in [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/what-is-out-what-is-in-from-nahb/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Private Mortgage Insurance Today</title>
		<link>http://www.summit-nj.com/summitnj-blog/private-mortgage-insurance-today/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/private-mortgage-insurance-today/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 15:21:46 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=493</guid>
		<description><![CDATA[


PMI sees bottom in home prices 


  



























A new study from PMI Mortgage Insurance Co. suggests home prices have found their bottom.  The company&#8217;s analysis shows that by almost all measures, residential property values began stabilizing considerably during the second and third quarters of last year &#8211; and monthly data through November confirms that this stabilization [...]]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/private-mortgage-insurance-today/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Redistricting Millburn Elementary Schools</title>
		<link>http://www.summit-nj.com/summitnj-blog/redistricting-millburn-elementary-schools/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/redistricting-millburn-elementary-schools/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 21:33:12 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=489</guid>
		<description><![CDATA[Overcrowding at Glenwood Elmemantary School. Millburn Board of Education considering sending 61 Glenwood students to Deerfield Elemantary, also effecting 2 bus lines. 
Click here to view redistricting map.
Martha McDonnell
Lois Schneider Realtor
]]></description>
		<wfw:commentRss>http://www.summit-nj.com/summitnj-blog/redistricting-millburn-elementary-schools/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chatham Boro &amp; Township 4thQ Results</title>
		<link>http://www.summit-nj.com/summitnj-blog/chatham-boro-township-4thq-results/</link>
		<comments>http://www.summit-nj.com/summitnj-blog/chatham-boro-township-4thq-results/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 20:50:39 +0000</pubDate>
		<dc:creator>Martha McDonnell</dc:creator>
				<category><![CDATA[Martha McDonnell - Summit NJ Blog]]></category>

		<guid isPermaLink="false">http://www.summit-nj.com/?p=479</guid>
		<description><![CDATA[Click here to view both Chatham Boro &#38; Chatham Townships 2008 vs 2009 sales reults:
2009 Q4 YoY Chatham Boro
2009 Q4 YoY Chatham Township
]]></description>
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