I heard it straight from the developer's mouth....big things happening near the 9th street lightrail.1) Metrostop will finally be getting some retail business. The long awaited restaurant which has turned into a defacto skate park finally has a tenant. Anticipated opening in Fall 2010.2) Metrostop will have a 7-11 type grocery too. As a neigborhood … [Read more...]
Hoboken Mortgage Rates
November 24, 2009 By Leave a Comment
Ok all of you "what's today's rate?" fans.. here it is the Hoboken mortgage rates from Inside Hoboken Real Estate's special mortgage rate getter. www.mundymortgages.comREVISED November 24th, 2009---- 4:00 PM ETLock Period = 45 DaysCONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)30 YEAR FIXED ---------------------------- 4.875%, … [Read more...]
The new and improved Homebuyer Credit
November 11, 2009 By Leave a Comment
Good things come to those who wait. ... A new and improved tax credit.The two big improvements that will have an impact on Hoboken Real Estate buyers....1) Income limits are raised to $125k for an individual and $225k for married. So for you guys out there on the fence...I know one agent who has been putting it off a long time.... now is the … [Read more...]
Cost vs. Price
October 27, 2009 By 1 Comment
Buyers are always focused on Price. What's the price? How much can I negotiate? The market is going to fall another 2 %, 5%, 7%, 10%..... On and on and on.....No one wants to over pay.Here is the truth. Focus on the cost to own. It's like when you buy a car. You focus on repair costs, mpg, etc. Not sticker price alone.IF PRICES FALL 10% and … [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...]
Top 10 Seller Showing Mistakes.
September 18, 2009 By Leave a Comment
It's hard to believe that some sellers act like they don't want to sell. They hurt themselves over smallest things. And they wonder why in a market where buyers have an abundance of choice, their property does not sell. Top 10 Seller Showing Mistakes10) Take your pet. Whether Fido is a good dog or not. Take him with you. Buyer's get distracted. … [Read more...]
Wiggle Your Nose.
August 13, 2009 By Leave a Comment
Part of the really great thing about being a realtor is the anthropological studies that can be done on the microcosm called RENTERS. Recently, I had a hilarious look into the microscope. I was showing a client condos for sale. Most were occupied by owners and kept clean. (even that one at the sky club that smelled like baked on Marlboros)Then we … [Read more...]
Supersize Me
August 10, 2009 By Leave a Comment
There are 69 three bedrooms available in Hoboken. Wow. Can you believe it. They are not moving. 25 of the under $700k and that's just the ask not the friends and family price. I proclaimed in the quarterly report......People are going to be kicking themselves for missing this opportunity. Hoboken Real Estate Condos Under contract in August7 2br4 … [Read more...]
Little Fish. Big Fish.
July 29, 2009 By Leave a Comment
When the chairman of the Senate's Banking, Housing and Urban Affairs Committee is getting sweetheat deals from Countrywide, is there any wonder that we have a housing crisis?http://www.washingtontimes.com/news/2009/jul/29/senators-see-countrywide-discounts-as-common-court/?page=2 Do you think Dodd's mortgage was done at The Malibu Diner?....Maybe … [Read more...]
The Q2 Report Is Here.
July 7, 2009 By Leave a Comment
Goto http://www.hobokenhomefinder.com/, click on the picture of the report and I'll send you the complete 14 page report. Yes. technical limitations require a few extra steps. Do you want the report or not?Hoboken Real EstateQ2, 2009Condos Sold 128Condos Under Contract 200Information deemed reliable but not guaranteed … [Read more...]
