Archive for Real Estate
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 [...]
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, [...]
New Jersey Realty Transfer TAX
If you are selling your house you have the usual closing costs including the commission you will pay for your real estate agent, who will split their commission with the buyer’s agent and the brokers for both sides. But if you have not sold a house in a while you may not be aware that [...]
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 [...]
Video Real Estate Questions and Answers
I am inviting you to post your real estate questions in this thread and I will answer them. You can post your question in text or you can post it as a video. click the Comments link below to post your question. Then if you want to post it as a video, click the “Add [...]
More Training in Short Sales
Last week I took another class in short sales. This is when the homeowner asks the bank to accept less than what is owed on a property as payment in full. They do this for a variety of reasons including:
Being forced to sell their house in a down market, either because of missing payments, facing [...]
Make Your Monmouth County Home Greener
The focus on energy efficiency in our homes is growing again. Green Homes are in. If you think you will be selling your home within the next few years, it is a good idea to start now to make your home more energy efficient. Mortgage companies are even starting to make the energy efficiency of [...]
Cramer vs Keller
Last week CNBC’s Jim Cramer said, “now is the absolute worst time to buy!” and he was talking about real estate. He said you will loose money.
Why do people buy a house? Unless they are buying investment property, they are buying a place to live. Yes, a house will make you money from future appreciation, [...]
