November 2009
Wyckoff 2009 Real Estate Recap | 2010 Predictions
November 5, 2009 by admin · 1 Comment
Happy New Year, Wyckoff!!
It is now time to recap our 2009 market and make some 2010 predictions for Wyckoff, NJ real estate. I want to disclose that unlike most of the state, Wyckoff has a very low inventory and low home sale figures compared to most areas of NJ, moreso in the country. As many [...]
Hoboken Condo & Real Estate Report
November 5, 2009 by admin · 8 Comments
February 2010 Roundup – Hoboken Condo Report
Another slow month for Hoboken real estate in the condo market. Our excuse for January’s bad month could be attributed to the changing lending guidelines which always throw things out of whack for a while. Due to the ongoing credit crunch, we believe that changes have affected the [...]
Franklin Lakes Real Estate Report | Updated Monthly
November 4, 2009 by admin · 3 Comments
January 2010 Round Up – Franklin Lakes Home Sold / Inventory / News
As January typically produces fewer home sales due to changes in lending guidelines, Franklin Lakes remained the norm. While we do not anticipate any price declines due to the expiring First Time Homebuyer Tax Credit, I think it will be interesting to watch [...]
Bloomfield Real Estate Recap | Monthly Updates on Homes Sold and Inventory
November 4, 2009 by admin · Leave a Comment
January / February Real Estate Round Up… Bloomfield
So the first 2 months of 2010 have been the slowest since August 2009. The last 2 years have been very tough on lending guideline changes. There have been crazy guideline changes with conventional and FHA loans and it is indicative with the slow months of 2010 as [...]
Ridgewood NJ Real Estate Report | Homes Sold – Inventory – Absorption
November 3, 2009 by admin · 2 Comments
January – February Roundup for Ridgewood Real Estate
So the first 2 months of 2010 have been the slowest since August 2009. The last 2 years have been very tough on lending guideline changes. There have been crazy guideline changes with conventional and FHA loans and it is indicative with the slow months [...]
Jersey City Condo Report 2009 Recap | 2010 Predictions
November 2, 2009 by admin · Leave a Comment
Happy New Year, Jersey City!
Instead of doing a December inventory / sales report as we normally do, I figured it was a great time to do some annual comparisons to 2008. It’s been an interesting year for sure. Unemployment, housing declines, weak dollar, bank failures, etc. All in all, today, January 1, I am [...]
Ramsey 2009 Recap | Comparisons | 2010 Predictions
November 2, 2009 by admin · 2 Comments
Happy New Year, Ramsey!
After a rather interesting year, I think the Ramsey real estate market deserves a “State of the Market Report”. In this report, we will look at last months statistics, overall yearly results, and comparisons to 2008. Unlike many markets in New Jersey, Ramsey fared pretty well and the charts below will indicate [...]
Homebuyer Tax Credit Extension? UPDATE…APPROVED!
November 2, 2009 by admin · 5 Comments
As predicted by NJ Real Estate Guys, the Homebuyer Tax Credit has been extended through April, 2010. The senate voted last night to put a halt to any changes and add-ons to the bill so it is now fast – tracked. Here is a summary of what it looks like:
$8000 credit for first time home [...]
