Hoboken, New Jersey real estate news, info and more!

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Real Estate Agent - Sothbey's International Realty
Market news,stats, new listings, price reductions and lots of other useful info about real estate in Hoboken, NJ.

ARCHIVED BLOG POSTS

2009 

 Important update:   An unfortunate request has been made by my MLS, the Hudson County Multiple Listing Service (HCMLS). They are enforcing a “rule” that members are not able to post links to other brokers listings.  These are same links that I email to customers who are searching for homes.  Th...
06/30/2009
Thanks to the American Recovery and Reinvestment Act of 2009, formerly known as the “stimulus bill,” first-time home buyers are eligible for a refundable tax credit of up to $8,000 this year. Here is what you need to know in order to claim the credit. Who qualifies as a first-time homebuyer? A “...
06/27/2009
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“The Oz” located at 70 Adams St in downtown Hoboken, NJ is only minutes from the PATH, ferry and train. This 54 unitconcrete and steelstructure was built by Metro Home LLC in 2003. Open layouts with beautifully designed kitchens and bathrooms make this building one of Hobokens premier residences...
06/27/2009
Back to a typical week for closings and pending contracts.   Weekly statistics 6/14/09- 6/21/09 13 condos went into contract last week, down from last weeks report of  20 units 7 condos closed last week. 7 closings the previous report. As of today, there are a total of 179 Hoboken properties pen...
06/22/2009
Browse to see if the perfect place for you is here! 28 new condo listings (26 last week).  There were not any new 1-4 Family homes listed last week. 48 total price reductions: 46 condo price reductions (26 last week) (2) 1-4 family homes  (5 last week) Studio condo 0 new listings  (0 last week) ...
06/19/2009
What’s this crazy talk of New Jersey real estate may have hit or is near the bottom?   Check out this article in The Star Ledger.  Jeffery Otteau, founder of the Otteau Valuation Group who was calling the NJ real estate bubble years before it popped is now saying we may have hit the bottom. Clic...
06/19/2009
  Ted Schirm of Met Life Home Loans offers these reasons on why now may be a great time to move forward with a home purchase. Experts are starting to say that we could be entering the bottom of the housing market as a whole.  A good first step.  I have been hearing of activity in the suburbs. Mos...
06/19/2009
I mentioned last week that my office seemed to be getting busier but we would have to wait and see if the activity would translate into actually accepted offers.  The results are in and we had a noticeable gain in firm accepted offers. Weekly statistics 6/07/09- 6/14/09 20 condos went into contr...
06/17/2009
The past year, of course, has seen an explosion of new loan modification and debt consolidation companies. The new industry shares some similarities with the mortgage took advantage of people to maximize commissions. You can almost imagine a scenario where the guy who made five percent commissio...
06/13/2009
Homeowners facing foreclosure often have the option of selecting a short sale or a deed-in-lieu of foreclosure as a possible solution to their financial difficulties. But are they? Which is the best choice? Like most alternatives, both have their upsides and their downsides. Understanding these ...
06/13/2009
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Market news,stats, new listings, price reductions and lots of other useful info about condos and other real estate in Hoboken, NJ.

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