Like a flyweight. Hoboken condos hit 127 available today. Will it be under 100 by the end of the year? My November Hoboken Real Estate Report is now available. … [Read more...]
Hidden Buyer Fees: Thanks Uncle Sam
February 16, 2012 By Leave a Comment
Hidden Buyer Fees: Thanks Uncle Sam Better get that Hoboken Condo closed fast. Yes. that goes for the Jersey City condo buyers too. Obama and the sycophant politicians in Washington can always agree on one thing. Save their own bacon while kicking the taxpayers in the shorts. Here's a great article about how they are doing it this … [Read more...]
Hoboken Condo Inventory February 8th
February 8, 2012 By Leave a Comment
Hoboken Condo Inventory February Now that I've returned from the burn unit at Hoboken Hospital lets talk Absorption Rate. One bedroom condos: 3.5 months Two bedroom condos: 4.6months Three bedroom condos 2.4 months Not a misprint! Call 911 this town is on fire. The new January 2012 Hoboken Real Estate Report update is now … [Read more...]
Hoboken Condos: Better Than Gold
October 5, 2011 By Leave a Comment
Hoboken Condos: Better Than Gold While I have a friend that wants a toilet seat made out of gold (but it isn't in the cards), Midas has nothing own Mr. & Mrs. Homeowner. 80% of those homeowners plan to buy another. I am hoping it is a bigger condo in Hoboken but I will settle for a brownstone too. Forget the 401k that is now a … [Read more...]
Hoboken Homeowners: Are You Being Sued?
November 20, 2009 By Leave a Comment
Ever feel like you're being dumped on? Well if you're a Hoboken Condo owner that's trying to sell and your condo association is in litigation...you are. A double whammy of sorts. Not only is there a messy little piece of business to be settled (buyers like clean and neat) now Fannie Mae, Freddie Mac, and those guys over at FHA are running for the … [Read more...]
Flood Insurance Rules| Hoboken
November 17, 2009 By Leave a Comment
Buyers & Sellers: A must read. Most of Hoboken's real estate is in a flood plain!Fannie Mae and HFA loans are now requiring more flood insurance than before. Is the Hoboken Condo that you are selling or buying covered? Don't find out a week before the close. Here's the new deal...The building's insurance must have either $250k of coverage per … [Read more...]
The New Mayor. A Double Edged Sword.
November 4, 2009 By Leave a Comment
Congratulations to new mayor Dawn Zimmer. Wondering if property owners voted for her? On one hand more parks and bike lanes mean less development. This means growth of supply of homes is restricted. Fewer new homes means buyers have to buy existing homes... Prices should go up. Now how to pay for those parks? Higher taxes. (Not saying the new mayor … [Read more...]
Q3 Hoboken Real Estate Report
October 15, 2009 By Leave a Comment
Sign up for the whole 15 page color report at http://www.hobokehomefinder.com/Top three news items from the Quarter: 1) One bedrooms are selling.2) Two bedrooms are sitting much longer.3) The market is leveling off.Tip: I like to save money as much as the next guy. Call me Mr. Sweat equity. But a man has got to know his limitations...If you find … [Read more...]
October numbers
October 6, 2009 By Leave a Comment
The October numbers indicate a steady market. And since the sold lag about 60 days behind reality this is true. There are 108 condos under contract but not closed since August 1, 2009. This leads me to believe the market will continue to show a steady sales pace for the next few months. Hoboken Real Estate CondosOctober Numbers67 SoldSold Price/ask … [Read more...]
Updated Hoboken Real Estate Quarterly Report
September 15, 2009 By Leave a Comment
Hoboken Real Estate MarketSummary Report Q3, 2009UPDATED 9/1/2009The first two months of the Third Quarter in 2009 has continued to present both opportunity and reality for Hoboken Condo buyers and sellers. In this constantly changing real estate landscape, realtors are playing a critical role in serving both buyers and sellers to get properties … [Read more...]
