Comments on: Hoboken Condo & Real Estate Report http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/ New Jersey Real Estate Tue, 29 Mar 2011 20:56:48 +0000 hourly 1 http://wordpress.org/?v=3.3 By: admin http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-768 admin Sat, 08 Jan 2011 16:01:53 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-768 Hi Gabe, Thanks. Noticed you were in the Stuart, FL area. I just bought a home near Club Med in Pt. St. Lucie behind the Santa Lucia River Club (Ballentrae). It's my getaway when Jersey gets cold and chaotic!! Hi Gabe,
Thanks. Noticed you were in the Stuart, FL area. I just bought a home near Club Med in Pt. St. Lucie behind the Santa Lucia River Club (Ballentrae). It’s my getaway when Jersey gets cold and chaotic!!

]]> By: Gabe Sanders http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-767 Gabe Sanders Sat, 08 Jan 2011 14:56:35 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-767 You supply some excellent information for your clients. Very interesting read. You supply some excellent information for your clients. Very interesting read.

]]> By: Hoboken December and End of Year Report Condo Market | Northern New Jersey Real Estate | http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-766 Hoboken December and End of Year Report Condo Market | Northern New Jersey Real Estate | Thu, 06 Jan 2011 14:51:44 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-766 [...] in discussing terms with aggressive sellers.  Match made in heaven!  If you are looking to Buy or Sell a condo or building in Hoboken, please call us.  We are Hoboken’s best!  E-mail us or call Scott @ 877-688-7582.  As [...] [...] in discussing terms with aggressive sellers.  Match made in heaven!  If you are looking to Buy or Sell a condo or building in Hoboken, please call us.  We are Hoboken’s best!  E-mail us or call Scott @ 877-688-7582.  As [...]

]]> By: Hoboken Real Estate Report | November 2010 | Northern New Jersey Real Estate | http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-727 Hoboken Real Estate Report | November 2010 | Northern New Jersey Real Estate | Wed, 01 Dec 2010 18:04:29 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-727 [...] Hoboken NJ condos market currently has an overabundance of inventory on the market for sale.  Sales are going to need [...] [...] Hoboken NJ condos market currently has an overabundance of inventory on the market for sale.  Sales are going to need [...]

]]> By: Hoboken Condo Sales | October 2010 | Northern New Jersey Real Estate | http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-694 Hoboken Condo Sales | October 2010 | Northern New Jersey Real Estate | Tue, 02 Nov 2010 20:59:36 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-694 [...] month of October followed the same trend that we expected for Hoboken real estate.  Since the First Time Homebuyer Tax Credit expired in June, sales volume, average sale prices, [...] [...] month of October followed the same trend that we expected for Hoboken real estate.  Since the First Time Homebuyer Tax Credit expired in June, sales volume, average sale prices, [...]

]]> By: International Real Estate Investors buying New Jersey real estate | Northern New Jersey Real Estate | http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-691 International Real Estate Investors buying New Jersey real estate | Northern New Jersey Real Estate | Tue, 02 Nov 2010 20:54:08 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-691 [...] are seeing big plays in condo buildings in Jersey City and Hoboken real estate where prices are down and amenities are offered.  The convenience to be in Midtown NYC or Wall [...] [...] are seeing big plays in condo buildings in Jersey City and Hoboken real estate where prices are down and amenities are offered.  The convenience to be in Midtown NYC or Wall [...]

]]> By: New Jersey Real Estate Guys Services | Northern New Jersey Real Estate | http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-547 New Jersey Real Estate Guys Services | Northern New Jersey Real Estate | Sat, 03 Jul 2010 12:04:30 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-547 [...] areas of expertise are Hoboken, Jersey City, Weehawken, West New York, Montclair, Glen Ridge, Clifton, Verona, Bloomfield, [...] [...] areas of expertise are Hoboken, Jersey City, Weehawken, West New York, Montclair, Glen Ridge, Clifton, Verona, Bloomfield, [...]

]]> By: admin http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-402 admin Fri, 12 Feb 2010 13:58:28 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-402 Hi Hoboken Mom: Thanks for your comment. The question as to why people would buy real estate right now is pretty vague. There are several pros and cons in today's market. For one, inventory is way down since mid 2009. Although January had an absorption rate of almost 12 months, lets see how the rest of Q1 shakes out. The new year always brings challenging new lending guidelines. We were right at about 6 months ROA before the new year and January was pretty slow due to what I mentioned for one. That said, I think we will settle in March to around that 6 month inventory level. That's not bad considering the circumstances of the past and challenges we have faced as Hobokenites. Anything less than 4 months of inventory is considered favorable conditions for sellers and the opposite if the ROA is over 4 months. Six months is not as bad as you think. The biggest indicator is going to be after April. Thanks again for checking in. Just checked out your website. Just curious, why do you only market 3+ BR condos? Do you find that more or less challenging than marketing Studios, 1's and 2's? Hi Hoboken Mom:
Thanks for your comment. The question as to why people would buy real estate right now is pretty vague. There are several pros and cons in today’s market. For one, inventory is way down since mid 2009. Although January had an absorption rate of almost 12 months, lets see how the rest of Q1 shakes out. The new year always brings challenging new lending guidelines. We were right at about 6 months ROA before the new year and January was pretty slow due to what I mentioned for one. That said, I think we will settle in March to around that 6 month inventory level. That’s not bad considering the circumstances of the past and challenges we have faced as Hobokenites. Anything less than 4 months of inventory is considered favorable conditions for sellers and the opposite if the ROA is over 4 months. Six months is not as bad as you think. The biggest indicator is going to be after April.

Thanks again for checking in. Just checked out your website. Just curious, why do you only market 3+ BR condos? Do you find that more or less challenging than marketing Studios, 1′s and 2′s?

]]> By: Hoboken Mom Condo Living » Why would anybody buy real estate now? http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-401 Hoboken Mom Condo Living » Why would anybody buy real estate now? Fri, 12 Feb 2010 13:47:06 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-401 [...] of all, let’s get some perspective. Right now we are looking at 6.5 months of real estate inventory and 30 year mortgage rates in the low 5% range. Compare that to the last [...] [...] of all, let’s get some perspective. Right now we are looking at 6.5 months of real estate inventory and 30 year mortgage rates in the low 5% range. Compare that to the last [...]

]]> By: NJREG 2010 Prediction | Hoboken Real Estate New Jersey Homes http://www.newjerseyrealestateguys.com/gold-coast/hoboken-condo-inventory-sales-activity/#comment-301 NJREG 2010 Prediction | Hoboken Real Estate New Jersey Homes Wed, 30 Dec 2009 17:36:05 +0000 http://www.newjerseyrealestateguys.com/?p=2539#comment-301 [...] 60 homes in November.  However since April, there has been a V-Shaped recovery in inventory sold (see graph).  I don’t expect a V-shaped recovery to sustain, but I see consistency.  With the extension [...] [...] 60 homes in November.  However since April, there has been a V-Shaped recovery in inventory sold (see graph).  I don’t expect a V-shaped recovery to sustain, but I see consistency.  With the extension [...]

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