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 in all of New Jersey. This article will focus on the Hoboken [...]
Hoboken Real Estate Report – Condo Market – December 1
December 5, 2011 by admin
Filed under Blog, Gold Coast, Hudson, Income Property
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, an indication on November closed sales. Remember, if you take November closings, these are the [...]
Hoboken Condo Report | Sept 1 – Sept 30 | YTD’s
With October here, many Hobokenites are enjoying the Indian Summer we are having mixed with a few days of brisk jacket-wearing days. Fall is upon us and so is the normal real estate trends in town. I have received numerous questions about the state of the Hoboken real estate market.. In most of our reports, [...]
Hoboken Condo Report – September 1, 2011
As Q3 2011 starts to wrap up, there have been positive statistics in the Hoboken condo market. This does not come at a time where much is on the mind. Hurricane Irene forced many Hobokenites to flee town into dryer areas. If you fled into the suburbs of Passaic County, you likely were even more [...]
Hoboken Condo Report – July 2011
If you are in the market to buy a Hoboken condo, the available inventory is substantially lower relative to this time last year. If you are a seller in the market, it is a good time to be in a market with limited availability and an active buyer market. We are experiencing tons of activity [...]
Hoboken Condo Report – June 2011
Who doesn’t believe in trends? The Hoboken real estate / condo market is following a very similar pattern as it did in 2010. This year is averaging about 10% less in performance than 2010, but we just got over the height of the Tax Credit this time last year so this was anticipated for a [...]
Hoboken Real Estate Report – May 2011
Hoboken real estate had a killer month in May. Coincidentally, we followed the same trajectory as this time a year ago when the First Time Homebuyer Tax Credit was in its final month. There are no government incentives these days and the comparable trajectory to last year shows that the market can improve without these [...]
Downtown Jersey City Condo Report – April 2011
Year to date, the biggest news in Downtown Jersey City is the fact that Crystal Point has sold more than 30 units during the first quarter of 2011. Averaging 10 sales per month in a building like this suggests realistic pricing and favorable operating expenses along with its superior location. More than 80% of the [...]
Hoboken Condo Report – April 2011
The Hoboken real estate market is continuing to outperform other urban markets. The improving job market combined with low prices and interest rates are fueling the drive. A clear indication that the market is doing well is the rate of absorption. The rate of absorption is the amount of time in months it would take [...]
Downtown Jersey City March – Q1 Condo Report
Downtown Jersey City is 0ut-performing many urban markets in Hudson County. Luxury condos are selling quickly which is the affect of higher employment and convenience into the city. Additionally, the downtown region offers anything you could want within walking distance. Leading the way in condo sales was Crystal Point. Crystal Point, the upscale waterfront resort-style [...]
