Business & Finance
Watch for Buyer / Seller Disconnect
October 1, 2009 by admin · 3 Comments
We are starting to see a a growing phenomenon with New Jersey real estate, at least in our areas on the northern side including Hoboken, Jersey City, Weehawken, Bergen County, and other areas who are heavily employed in the NY metro markets. The fear that there is a buyer and seller disconnect could become a [...]
Want out? Sell at a loss, buy at a discount
September 28, 2009 by admin · Leave a Comment
So you bought at the peak of the real estate market and now want out; maybe because you bought quickly during the peak due to the mental affect the pace the market was moving at? Or maybe you have detached yourself mentally from your home and see greener pastures for you in another area/home. The [...]
NJ Income Property | Investment Multi-Family
September 23, 2009 by admin · 1 Comment
Welcome to New Jersey!! An area where real estate investors have been making money since the stone age. NJ has been a long standing state for income property for a few reasons; Location, Location, Location. New Jersey not only offers a variety of residential real estate, but depending on the area you are looking into, [...]
Inflation or Deflation… Which is worse?
September 11, 2009 by admin · 1 Comment
I read an interesting article back in May which addressed the question,
“How do you guard against both the deflationary forces of America’s worst recession since the 1930’s and the vigorous response of the Federal Reserve, which has in effect cut interest rates to zero and rapidly expanded its balance-sheet?
A reknown Fed historian, Allan Meltzer foresees [...]
UrbanDigs: So, Is This The Time Gold Breaks Out?
September 4, 2009 by admin · Leave a Comment
My friend in the City, Noah Rosenblatt, a macroeconomics super-blogger and publisher of UrbanDigs has an interesting article regarding the precious metal industry. With the numerous inquiries I have received on my own opinion on gold, I’ll leave it to Noah, who wrote a very informative article yesterday: UrbanDigs
A: You know my feelings on gold here [...]
Home Sale UP, Confidence UP…..Bottom anyone?
August 25, 2009 by admin · Leave a Comment
Bloomberg reported that home values in 20 U.S metropolitan areas probably decreased at a slower pace while consumer confidence climbed. Could this be a sign that the recession is letting up as real estate inventory dissipates? Of course this is a major part in dictating a bottom, but lets also not forget that we have [...]
Meadowlands Xanadu.. What do you think?
August 24, 2009 by admin · 2 Comments
July 2010 Update on Xanadu or The New Meadowlands:
Three sources familiar with a proposal under serious consideration by the Christie administration said that taxpayers — via a provision of the state’s Economic Stimulus Act of 2009 — could, in effect, invest about $180 million in the long-stalled project. That money would come [...]
Toll Brothers Stock Up 14.3%…Good News for real estate
August 12, 2009 by admin · Leave a Comment
The most recent report from Toll Brothers, a massive New Jersey real estate developer, mentioned stronger than expected orders for the fiscal third quarter ending July 31. Tax incentives, low mortgage rates, and discounted prices are likely to blame. Toll’s stock price surged 14.3% to $23.40 Wednesday as investors saw the luxury home builder’s preliminary [...]
Shameless, Responsible, or Ignorant to Walk Away?
July 10, 2009 by admin · Leave a Comment
Over the last 3 years, 2.9 million homes have went into foreclosure. For the point of this article, let’s assume that most of those foreclosures were executed over the last 2 years, which is the heart of the worse economic crisis we have seen in the U.S. since the Great Depression. Today, the midpoint of 2009, [...]
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 [...]
