June 2009
Hudson County & Hoboken Real Estate Inventory Levels
June 30, 2009 by admin · Leave a Comment
I promised that last week I would do an update on Hoboken and Hudson County inventory levels. Below is a graph of housing market statistics for the month of June. Notice the Days on Market. Hoboken is well below the Hudson County average, which means that homes in Hoboken are selling MUCH faster than other [...]
Condo Building Maintenance Fees
June 27, 2009 by admin · Leave a Comment
Oh, the dreaded maintenance fees. I get a lot of clients across New Jersey that ask me what is included in “maintenance fees.” This is after their jaw drops to the ground once we tell them how much they are. Most fears and shock are alleviated once we tell the prospective buyers what is included [...]
What is an "Absorption Rate". It's the best health indicator for your housing market
June 26, 2009 by admin · 2 Comments
As we come to the middle point of the year for 2009, I figured I’d discuss something a lot of people would probably want to know. For those that ask me how long it will take to sell their home, what price can I actively put my home on the MLS for, or just a [...]
Are appraisers F’ing up your deals??!!
June 26, 2009 by admin · Leave a Comment
It’s hard enough to sustain a living when you are in the real estate industry. Whether you are a builder, broker, agent, mortgage broker, banker, or whatever, most of us rely on one guy (or gal). Appraisers. As long as the appraisal comes in at or above the purchase price, you are safe. Although you [...]
First Time Homebuyer / Investment Property Real Estate Consulting
June 25, 2009 by admin · Leave a Comment
We offer a free real estate consultation for any and all homeowners looking to purchase a home. Whether you are a first time homeowner or seasoned real estate investor, one of our main agents with NJREG can provide you with expertise opinions. Ultimately it is your choice of any home out there. We want to [...]
Franklin Lakes NJ Real Estate | Demographics
June 25, 2009 by admin · 2 Comments
If you are looking for an unbelievable real estate market, with diverse amenities, look no further. New Jersey Real Estate Guys is proud to introduce you to Franklin Lakes. Franklin Lakes is #22 in Top Earning towns in the United States. With a population of about 11,000, Franklin Lakes has a median household income of [...]
Warren Buffett.. Manipulative, Genius, or Both?
June 25, 2009 by admin · Leave a Comment
Warren Buffett beat me on the Forbes Richest People’s list by a few hundred dollars, so I guess he can’t be that much of a buffoon, but his latest comments kind of irked me. I’ve been asking this question to myself for years, because Buffett has so much credibility in most secters, that a statement [...]
No Big Surprise at Fed Meeting
June 24, 2009 by admin · Leave a Comment
The Federal Reserve expectedly mentioned Wednesday that the weak economy likely will keep prices in check despite growing concerns that the trillions it’s pumping into the financial system will ignite inflation. The central bank said that the pace of the nation’s economic decline is slowing and that household spending is showing signs of stabilizing, an indication that [...]
Relocating to Hoboken NJ?
June 24, 2009 by admin · Leave a Comment
Attention all you Goldman Sachs employees and all other investment bankers getting a raise/bonus this year. Hoboken is one of the most attractive urban cities in the country. Seriously, it is. According to CNNMoney, Hoboken ranks tops in places to live for singles. That’s right boys and girls. What better way to live than in [...]
Is the recession over?
June 20, 2009 by admin · Leave a Comment
The recession began in December 2007. Did it already end? Even the best market analysts are hesitant to give their opinion, because it is tempting to say that the recession is over due to positive activity in the stock market.
The stock market never ceases to amaze me with all of the history it has. During [...]
