Wednesday, January 11th, 2012

NJ short sale updates

NJ short sale updates

We are currently working on our 100th Short Sale!!!  I remember the first one in 2007 like it was just yesterday.  I had a vague idea what a short sale actually was and the documentation the banks required changed every 5... 

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Hoboken Condo & Real Estate Report

Hoboken Condo & Real Estate Report

Welcome to our new Hoboken Condo Report archive page.  As of October 1, 2010, we will be providing links below to our exclusive monthly reports for activity.  For all reports prior to September 2010, all information is on... 

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Your NJ Short Sale Specialists – VIDEO Included

Your NJ Short Sale Specialists – VIDEO Included

UPDATE: Watch the following video to learn how to effectively short sell your home in NJ. Remember homeowners:  This does not cost you anything.  If you are in default of your mortgage, typically the bank pays everything... 

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Hoboken Condo END OF YEAR Report – Now What?  Market Analysis

Hoboken Condo END OF YEAR Report – Now What? Market Analysis

Happy New Year to all of our loyal readers.  On a personal note, our year over year traffic on our website has DOUBLED!  That is exciting and is one of the reasons we are considered one of the top real estate information websites... 

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NJ Short Sale Process Update

NJ Short Sale Process Update

We took on 4 new listings in December for short sales.  All of our short sale listings came via a referral from a happy client of ours.  The good news is that we have not failed a short sale yet.  We have come to terms with... 

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Homes Affordable Foreclosure Alternatives – HAFA

Homes Affordable Foreclosure Alternatives – HAFA

If you are in a hardship and are looking for information on short selling your home, it is probably time you worked toward more affordable housing, such as the Home Affordable Foreclosure Alternative (HAFA).  The HAFA program... 

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NJ – Highest National Average Down Payment – YES!!!!

NJ – Highest National Average Down Payment – YES!!!!

Of all of the states in the country, NJ is tops when it comes to the average down payment for a home.  Following NJ are Washington DC, NY, Hawaii, and CA.  The bottom are North Dakota, Wyoming, Oklahoma, Utah, and Tennessee. NJ’s... 

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Hoboken Real Estate Report – Condo Market – December 1

Hoboken Real Estate Report – Condo Market – December 1

In the Hoboken condo market, as expected, there was a significant drop in sales volume during November as there is on any other given year.  Typically, the end of the summer is rampant, but showings typically taper off in September,... 

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October Housing Starts – Multi Family Boom?

October Housing Starts – Multi Family Boom?

The headline housing data exceeded expectations.  Here are some thoughts on the report: October housing data: 628k for starts (vs 604k consensus) and 653k for permits (vs 603k consensus). All in, starts were up 29% y/y The growth... 

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Real Estate Investor Update – Income Property

Real Estate Investor Update – Income Property

After scouring a few submarkets for quality investment property, I came up with a conclusion that has been in my business concepts for awhile in the past.  It doesn’t matter what market it’s in.  It’s about... 

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Hoboken Condo Price Per Square Foot Comparison

Hoboken Condo Price Per Square Foot Comparison

Several calls inquiring about square foot prices in Hoboken have motivated me to write a little blurb about what is going on out there and how we value condos in town.  The good news is that almost every month of sales since... 

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Montclair Real Estate Report | Sept 1 – Sept 30

Montclair Real Estate Report | Sept 1 – Sept 30

Once a month, I take a full drive around Montclair to see what is going on in the real estate world.  Any new and exciting homes hit the market?  FSBO’s I can solicite?  Foot traffic?  As I filled up my cup of coffee... 

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