Archive for Monmouth County
Eastern Cicada Killer Wasp
I had my first encounter with the eastern cicada killer wasp while showing condos. I saw one of these near my garage at home and they are scary looking, but harmless to humans (unless you step on a female or otherwise try to hurt her). Males have no stingers, but will seem like they are [...]
Have We Hit Bottom in Monmouth NJ Real Estate?
The news media and recent reports from the National Association of Realtors may lead us to believe that we are coming out of the buyer’s market and seeing an increase in market activity. The stats in Monmouth County are not bearing that out.
Remember real estate is local, really local. Even though the overall numbers in [...]
Buying Foreclosures in Monmouth County, New Jersey
A lot of people have been asking about buying a foreclosure in Monmouth County, NJ.
Let’s begin our discussion by defining the relevant terms. Technically, a foreclosure is a bank owned property or REO (real estate owned). The foreclosure process has been completed and the bank now owns the property. Next the bank lists the [...]
Monmouth Real Estate – 2008 in Review
Well, it has been a tough year on many counts, especially real estate. As you can see in the chart below the inventory has stayed high and sales have stayed low throughout the year. Inventory has come down slightly by the end of the year, but sales also declined.
Comparing the fourth quarter of 2008 with [...]
Monmouth Real Estate – Third Quarter
Third quarter inventory in Monmouth County is pretty much flat with about 10% of the houses on the market selling. If you need to sell you need to be in that 10%.
Sales are on the decline after being on the rise for the first half of the year, this is a normal seasonal trend, [...]
Monmouth Real Estate Midyear
We can now look back and see what the the first half of 2008 was in terms of the real estate market. This post covers all of Monmouth County. To get the stats for your specific town, please contact me by visiting my agent website:
NorthernMonmouthHomes.com.
First the good news: The number of home sales in Monmouth County has [...]
Loving Monmouth County
Why I love living in Monmouth County:
The Ocean –
When I was a little girl we went “down the shore” for vacation every year for a week. We went Seaside Heights, which is in Ocean County, but that is still not far away from my home in Matawan.
All through my childhood, I have great memories of [...]
Why You Need to Buy a Home Now
In Monmouth County New Jersey, the prices of homes have dropped and may drop a bit more. The media would have you think that the real estate market is BAD. Well it in not bad, it is a great time to buy. Prices have become much more affordable and interest rates are still at historic [...]
Monmouth Market Stagnant
The Asbury Park Press reported today that in Monmouth and other counties in New Jersey the housing market is stagnant. You can read the whole article here:
http://www.app.com/apps/pbcs.dll/article?AID=/20070816/NEWS/708160386
Some highlights:
The median sale price for an existing single-family home in Monmouth, Ocean, Middlesex and Somerset counties was $385,100, down 0.1 percent, or $200, from $385,300 in the same [...]
Happy Independence Day
To celebrate the 4th of July/Independence Day, I am posting this fantastic photo of the Red Bank fireworks. This picture was taken by a great local photographer, Bob Jagendorf. You can see his other photos on Flickr:
http://www.flickr.com/photos/bobjagendorf/. Red Bank has one of the best fireworks displays in Monmouth County, NJ. We used [...]
