NJ short sale updates
We are currently working on our 100th Short Sale!!! I remember the first one in 2007 like it was just yesterday. I had a vague idea what a short sale actually was and the documentation the banks required changed every 5...
Read more of this articleHoboken Condo & Real Estate Report
Welcome to our new Hoboken Condo Report archive page. As of October 1, 2010, we will be providing links below to our exclusive monthly reports for activity. For all reports prior to September 2010, all information is on...
Read more of this articleYour NJ Short Sale Specialists – VIDEO Included
UPDATE: Watch the following video to learn how to effectively short sell your home in NJ. Remember homeowners: This does not cost you anything. If you are in default of your mortgage, typically the bank pays everything...
Read more of this articleNJ Economy Outpacing NY
New Jersey’s economy is considerably picking up steam. While NY outpaced NJ in 2010 and throughout the first quarter of 2011, the tables have turned. While NY’s economic activity is leveling off, NJ is running...
Read more of this articleNew Jersey Location Matters – State statistics deceiving
If you are a stat-rat and look at global, national, state numbers and compare it to your hometown real estate figures, chances are your town is much different than that town 50 miles north of you. Same goes for NJ. The decline...
Read more of this articleHoboken 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...
Read more of this articleNJ Short Sale Process – How to
We took on 4 new listings in December for short sales. All of our short sale listings came via a referral from a happy client of ours. The good news is that we have not failed a short sale yet. We have come to terms with...
Read more of this articleHomes Affordable Foreclosure Alternatives – HAFA
If you are in a hardship and are looking for information on short selling your home, it is probably time you worked toward more affordable housing, such as the Home Affordable Foreclosure Alternative (HAFA). The HAFA program...
Read more of this articleNJ – Highest National Average Down Payment – YES!!!!
Of all of the states in the country, NJ is tops when it comes to the average down payment for a home. Following NJ are Washington DC, NY, Hawaii, and CA. The bottom are North Dakota, Wyoming, Oklahoma, Utah, and Tennessee. NJ’s...
Read more of this articleHoboken Real Estate Report – Condo Market – December 1
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,...
Read more of this articleOctober Housing Starts – Multi Family Boom?
The headline housing data exceeded expectations. Here are some thoughts on the report: October housing data: 628k for starts (vs 604k consensus) and 653k for permits (vs 603k consensus). All in, starts were up 29% y/y The growth...
Read more of this articleReal Estate Investor Update – Income Property
After scouring a few submarkets for quality investment property, I came up with a conclusion that has been in my business concepts for awhile in the past. It doesn’t matter what market it’s in. It’s about...
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