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Market View for Hoboken - 10/31/08 08:31 AM
Market View for Hoboken
Avg. Listing Price Median Sales Price
$650,840 $512,500
Wk ending Oct 22 Oct '07 - Sep '08
+$6,488 -$23,500
+1.0%
832 Homes For Sale Average Listing Price
436 Recently Sold $650,840
24 Open Homes +1%
16 Foreclosures
Median Sales Price Average Sales Price
$512,500 $539,379
-4.4% -8.7%
Average price/sqft Number of Sales
$519 97
+0% -39.4%
Source: Trulia.com
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How to Make a Small Room In Your Condo Look Larger - 10/30/08 05:11 PM
Do you have a room in your condo that makes you feel that the walls are closing in? It is very possible it has more to do with the decor than with the dimensions, even if it is a very small room. Believe it or not you can make significant changes without spending a lot of money.
Think about the following things:
1. Are your walls dark and full of pictures and decorations? Or are they light, airy and minimally covered? To make a room feel larger, paint the walls with a light color such as white or pale yellow. When choosing … (0 comments)
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Homeowner's Insurance for Condo Owners - 10/29/08 07:15 PM
When you own a home, your homeowner's insurance policy covers both the building and the personal property inside the building, like furniture, computers, clothes, etc. When you buy a condo, the insurance protection provided by your homeowners' association only protects the structure -- and not the contents of your home. Make sure to get an insurance policy to protect the contents of your home, similar to a renter's insurance policy, to be sure that in case of theft, etc., you're not stuck with a nice, new, but empty, home. These contents policies are quite inexpensive, and can prevent you from losing everything … (0 comments)
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Trends in Paint Colors - 10/24/08 01:23 PM
If you’ve got a room that’s due for an update, bring out the brushes and look to this year’s popular paint colors for inspiration. A fresh coat of color can easily and affordably transform a space, and there’s no shortage of bold, statement-creating colors from which to choose.
Many consumers have shown a desire to bring new hues into their living space. They’re so much more color confident today, especially since they’ve had the opportunity to visualize color through examples on home improvement shows, magazines, and radio shows.
Following are several design themes that have been influencing the latest looks … (0 comments)
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How Long Will it Last? - 10/23/08 07:43 PM
Did you every wonder how long the new refrigerator and stove that came with your condo will last? Well, the life expectancy of a typical appliance depends to a great extent on the use it receives. Moreover, appliances are often replaced long before they are worn out because changes in styling, technology and consumer preferences make newer products more desirable. The National Association of Home Builders' "Study of Life Expectancy of Home Components" gives a decent estimate by compiling life-cycle data from scores of product manufacturers and testing labs.
The following is a list of the life expectancy of major appliances in a home:
Gas ranges: 15 years
Dryers and Refrigerators: 13 years
Compactors: 6 years
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Annual Hoboken House Tour - 10/22/08 08:45 PM
The variety of homes in our city means that every year there's a new crop of homes sure to surprise and delight even the most devoted tour goers on the Annual Hoboken House Tour. On Sunday, October 26, from 10 a.m. to 4 p.m., a number of generous homeowners will open their doors to visitors as a benefit for the Hoboken Historical Museum. Tour goers will be treated to an array of domestic retreats, from restored Victorian brownstones to contemporary condos, with traditional and modern décor, and always a few unique homes.
The homes selected for the House … (0 comments)
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Top Ten Condo Dogs - 10/17/08 07:39 PM
Many people living in an apartment or condo may delay adopting a dog, with the fear that their pet will not get enough exercise without a backyard to play in. But there are many dogs made just for an indoor lifestyle, and the following is a list of the top ten. The primary considerations while compiling this list were the dog's energy levels, exercise requirements, and playfulness. The lower the requirement, the higher up the dog will place on the list. To a lesser degree, a dog's resistance to the elements (i.e. heat and cold) were also considered. The lower the resistance, the higher the dog … (3 comments)
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Top Ten Places To Eat In Hoboken - 10/17/08 07:34 PM
Are you craving for a great Cuban-style meal, or a delicious steak? Look no more, Hoboken is a wonderful place with a wide variety of establishments that offer tantalizing meals to tempt your appetite. Following is a list from tripadvisor.com rating the top ten restaurants in Hoboken.
1. La Isla
2. Anthony David’s Gourmet
3. Grimaldi’s Coal Brick Oven
4. Amanda’s
5. Rita’s Water Ice
6. Cucharamama
7. Arthur’s Tavern
8. 3 Forty Grill
9. Karma Kafe
For a more comprehensive list go to :
http://www.tripadvisor.com/Restaurants-g46515-Hoboken_New_Jersey.html
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The Heavy Price of Owning a Home - 10/17/08 08:20 AM
All major categories of homeowner expenses increased faster than incomes between 1996 and 2006, the center reported in “Stretched Thin: The Impact of Rising Housing Expenses on America’s Owners and Renters.”
While mortgage payments increased 46% during those 10 years, utilities increased 43%, property taxes increased 66% and property insurance increased 83%, according to the study. But homeowner incomes increased just about 36%.
Renters weren’t better off: Rents increased by 51% during the period, but renter incomes increased about 31%. Landlords are facing some of the increased costs that homeowners are, including higher insurance costs, and are passing on the increases … (0 comments)
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How to care for Brazilian Hardwood Floors - 10/11/08 09:05 PM
With Brazilian hardwood floors becoming so popular in the prestigious condos of Hoboken, I would like to offer some tips on how to maintain the beauty of these products.
Fill a wash tub or bucket with 4 inches of warm water and then add approximately 10% Windex. Remember to never use vinegar, or wax on this type of floor. Take a cotton hand towel and submerge it. Ring it out so the water does not drip when you hold it up. Put the towel flat on the floor. With a lightweight push broom in the middle of the towel, flip the front … (0 comments)
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Fall in Love Again with your Home Again - 10/11/08 08:50 PM
Did you ever consider that putting away family photos and cleaning off countertops could help you get the best selling price for your home? Something as simple as cleaning and rearranging your home can mean a lot to potential buyers. Pick up the extra books lying around, get rid of moldy caulk in the bathroom and look into renting furniture to fill up bare spaces. Make your home clean, organized, and welcoming to potential buyers.
Staging a home for sale can be one of the best decisions a seller can make. Home staging can turn a cold and unattractive looking property … (1 comments)
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Foreclosure Prevention Team ready to help in Hudson County - 10/11/08 08:18 PM
Regardless of the reasons given for the current mortgage crisis in the United States, the reality is that we are faced with more homeowners in financial distress than at any other time in the history of real estate.
In these challenging times, homeownership can sometimes become more of a burden than a joy. Over 6 million homeowners are more than a month late on their mortgage payments or are in the foreclosure process.
Hoboken’s own Eddie Perez and Anoir Redouane of the “Invest Hoboken Team” at Robert De Ruggiero Inc., Realtors have earned the designation of Certified Distressed Property Experts … (1 comments)
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The Advantages of Condo Ownership - 10/05/08 07:46 PM
In this day of high real estate value and low interest rates, the ownership of a condo has become one of the best property purchases. This has caused developers to offer more and has created excellent value for owners and those considering the purchase of a unit.
When considering the purchase of a condo here are some advantages to think about.
Condos typically have a lower price than single family homes. There are of course exceptions to this rule. Condos are usually priced approximately 20-30% lower than comparable single family dwellings. This competitive pricing range has opened up the real estate … (0 comments)
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Market Trends for Hoboken - 10/05/08 06:35 PM
Market Trends for Hoboken
Listing price – HobokenAverage Listing PriceWeek ending Sep 24 2008$673,514+0.3%
Median Sales PriceJun '08 - Aug '08$525,000-2.3%
Average Sales Price$576,229-7%
Average price/sq. ft$520-2.6%
Number of Sales220+20.9%
764 Homes For Sale 20 Open Homes469 Recently Sold 11 Foreclosures
source: http://www.trulia.com/real_estate/Hoboken-New_Jersey/
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Hoboken - Yesterday and Today - 10/05/08 06:11 PM
Hoboken was developed by one man and his family. A remarkable entrepreneuer/inventor, Colonel John Stevens, purchased the island (separated from land by marshes on the west) in 1784 for about $90,000, and named it Hoboken from an amalgam of the Dutch and Indian words for it.
Colonel Stevens developed Hoboken, as a resort, beginning with the six mile path known as River Walk. Later adding a spa, tavern, hotel, and a Ferris wheel. Hoboken’s wonderful attractions received a lot of interest from large numbers of rich and famous people. Alexander Hamilton, Aaron Burr, Lillian Russell, Jay Gould, William Vanderbilt, Horace Greeley … (0 comments)
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Eddie Perez - Hoboken Condo Living
Hoboken,
NJ
More about me…
RE/MAX Gold Coast Realty
Address: 56 Newark St, Hoboken, NJ, 07030
Office Phone: (201) 795-5200 x 423
Cell Phone: (201) 344-2886
Email Me
Market news,stats, new listings, price reductions and lots of other useful info about condos and other real estate in Hoboken, NJ.
If you enjoy what you are reading, remember to subscribe to my blog. It is my focus to provide relevant greater Hoboken real estate market information on real world level. No media hype. No fluff. Just a real voice based on an active Hoboken REALTOR (R).
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