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eddie perez: How's the Market, New Jersey? - 06/01/12 11:45 AM
By Eddie Perez Market statistics are like beauty, it's in the eye of the beholder! (Thanks, mom, for your continued support). However there are signs that our markets are looking better and better.
Here is a list of some resent statistics compiled from the New Jersey Association of REALTORS® that shed a favorable light on our GardenState. Knowing as many facts as possible is advantageous to making the best decisions for you and your family.
As always, let me know how I can help!
Here's the Latest... April Existing-Home Sales Up, Prices Rise Again
Existing-home sales rose in April and … (0 comments)
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eddie perez: Will Your Hoboken Home be Waiting in Line to Sell? - 01/10/12 06:44 PM
Don't you hate it when people cut in line? Not only is it very annoying, it makes you have to wait longer to take care of your business or to get to where you're going next. Hoboken homes for sale are in a competitive line, with the home offering the best value in its category selling first. A price to value position, so to speak.
In theory, a home further back in the line (third or fourth position) would eventually sell once the better-valued homes (first and second place) have sold. Unfortunately, this is not the case. New listings are continuously … (0 comments)
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eddie perez: Condo Sellers: Prepare for Spring in Hoboken - 01/07/12 08:11 PM
Okay, folks. I know it’s the middle of winter, and it’s been a mild one so far (fingers crossed!). But if you are buying or selling a Hoboken property, you really do need to start getting ready for spring. Use these next few weeks wisely, and you’ll save yourself headaches when the time comes to put your place on the market. This week we’ll concentrate on a few seller strategies for getting your condo ready. Next week we’ll talk to buyers.
Sellers:
Don’t wait till the last minute to de-clutter; do those little repairs and start the deep cleaning. You never … (0 comments)
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eddie perez: Hoboken Condo Living in Winter - 12/22/11 02:40 PM
As snow and ice sneak up on us, those living in downtown condos have a great advantage. You have the peace and quiet of your personal oasis. At the same time, you have easy, quick access to everything you could need … and you don’t need a personal vehicle to get to any of it! How great is that?!
One of the great things about living in a Hoboken downtown condo is the access you have to an incredibly wide variety of activities, restaurants and clubs. This being winter, I’ve selected two very different recreational … (0 comments)
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eddie perez: Benjamin Franklin Can Help You Buy A Hoboken-Area Home - 12/12/11 09:55 PM
That title may seem a little silly, but the way shoppers evaluate a prospective home never ceases to amaze me. There is nothing wrong with having a vision of your ideal home. In fact, having such a vision is a necessity. You need to know what kind of home you will be happy in. A workaholic with no family and a busy life would probably do best to buy a condominium with amenities like a building concierge that can receive packages and let the cable guy in, a pool or health club onsite to get daily exercise and an … (0 comments)
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eddie perez: Hoboken Rag-a-Muffin Parade & Costume Contest 2011 - 10/20/11 02:38 PM
Hoboken is full of fun family events, and one that's definitely not to be missed is the Hoboken Rag-a-Muffin Parade & Costume Contest 2011! Part parade, part costume contest and 100% fun for everyone! All the families trick or treat afterwards with most of the stores along Washington St participating. Get into the spirit and have a great time.
The Hoboken Rag-a-Muffin Parade & Costume Contest is a popular annual event in our town. The children look forward to it not only for the fun and candy but as a way to “test drive” their Halloween costumes. For parents, it’s a cross … (0 comments)
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eddie perez: Renowned Hoboken House Tour Scheduled for October 23rd - 10/17/11 11:34 PM
Have you ever wanted to see the inside of one of Hoboken’s beautiful Victorian homes? How about getting a closer look at one of our truly unique condominiums? Well, here is your chance! The Hoboken House Tour is scheduled for October 23rd from 10:00 AM till 4:00 PM. It is justifiably known as one of the better home tours on the East Coast.
There are normally eight to ten homes opened to the public for this tour.Each year there is a different collection of homes, so just because you may have gone on the tour in the past, don’t think you’ve … (0 comments)
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eddie perez: Be Prepared for Closing Costs - 08/20/11 04:05 PM
Congratulations! You're ready to close on your new Hoboken home. Are you also ready for the costs that go with closing? Find out how to be prepared for closing costs.
Ask the seller to pay the closing costs. Before you make your offer on the home, ask your agent if it's possible to ask the seller to pay some, or even all, of the closing costs. Eager sellers are often willing to do so. On the other hand, some buyers will offer a higher bid on the home in exchange for the seller paying closing costs.
Make sure you understand the … (2 comments)
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eddie perez: Hoboken "Kiddie Condos" - Some Things to Consider When Parents Invest with Their Children - 06/03/11 10:55 PM
More and more buyers are teaming up with Mom and Dad to help alleviate some of the challenges of buying a condo in today's market.
(Where were you, Mom and Dad, when I was buying my first home?...)
Mortgage pro Ted Schirm with Investors Savings Bank states, "Securing financing for a Hoboken condo has become more challenging since banks have tightened their lending standards. Additionally, when parents are investing with or for their children and wish to obtain the best mortgage rates, many lenders are seeking substantial down payments, typically 25% of the purchase price or more."
"Kiddie Condos - … (0 comments)
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eddie perez: Find Your Dream Condo In Hoboken - 03/24/11 12:27 PM
It can be overwhelming when you look at all the condos for sale in Hoboken and it may leave you wondering how you will know which one is the right one for you. To help you find your dream home it is first ideal to come up with a wish list to help you with your search.
1. How Much Work Do You Want To Do? Determine if you want to purchase a home that is a fixer-upper or one that is move-in ready. Homes that need a little work done on them tend to be priced a great deal … (1 comments)
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eddie perez: Amazing Benefits Of Home Ownership In Hoboken - 03/17/11 07:08 PM
Owning a home has been an American Dream for as long as anyone can remember, and even during the past few years when the economy has been down, it has still been part of the American Dream. In fact, 67% of homes in America are owner-occupied. According to the National Association of Realtors, there are many benefits to homeownership in Hoboken.
● It is a fact those who are homeowners are happier and healthier than those that are not. Also, homeowners have more of a feeling of control over their own lives.
● The homeowners of America pay 80% to 90% … (0 comments)
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eddie perez: Designer Bathroom Vanities That Anyone Can Have In Their Hoboken Home - 03/03/11 10:25 AM
Are you an HGTV or DIY fanatic? If so, you have probably seen those episodes where they find an old cabinet at a flea market and turn it into a beautiful designer bathroom vanity or chest. If you are not familiar with this practice, it is easier than you think to recreate this look without having to pay those designer prices. You too can have those designer quality pieces you have seen in magazines and thought you could never afford in your Hoboken home for an affordable price.To start the process, you want to scour local flea markets and antique sales … (0 comments)
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eddie perez: New Jersey Chief Justice Takes Robo-Signing Seriously - 03/01/11 09:18 AM
New Jersey Chief Justice Stuart Rabner aims to protect Hoboken residents and all of New Jersey. Questionable foreclosure filings across the nation have New Jersey's Chief Justice Stuart Rabner, working to establish a set of initiatives to combat this in New Jersey. He is concerned with the increased number of foreclosure filings, and that there may be incorrect applications. He said, "It is important the judiciary system ensures that judges are not rubber-stamping questionable documents that may not be reliable."
The term "robo-signing" has been extremely popular lately; especially with the brief foreclosure halt we saw last fall. Robo-signing is … (1 comments)
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eddie perez: Bike Hoboken - 02/19/11 09:25 PM
Calling all Hoboken Bikers! Spring is here and it is time to get your bike ready for the upcoming warm weather. If you haven’t heard already, there is a great citizen-based advocacy organization called Bike Hoboken, that was developed to make Hoboken streets safer for bikers. Bike Hoboken will be holding its first formal meeting on Wednesday, February 23, at 8 p.m. at Carpe Diem located at 14th and Grand Streets.
At the top of the agenda of the meeting will be the group’s list of goals and recent accomplishments for 2011. Topics will include, the subject of more bike racks and … (2 comments)
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eddie perez: It’s Time To Pack - 01/30/11 10:57 AM
Following are organization tips to make the process of packing as efficient as possible:
If you create a system of organization for tracking your belongings it will make your unpacking time much easier. Label each box with a number and put together a list itemizing what is in each labeled box.
Make an attempt of get rid of any unneeded items prior to moving day. Also, try to keep items from one room together. When you start unpacking in your new home your goal will be to empty the boxes as quickly as possible so you will not have to be moving … (0 comments)
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eddie perez: Is an FHA or VA Loan in Your Future? - 01/23/11 09:52 PM
If an FHA or VA loan is in your future to purchase a condo, be sure to check into the specifics for the area you are interested in. The majority of condos must be purchased with conventional financing (20% down payment) or all cash.
To qualify for FHA and VA loan programs, condos must meet certain criteria, and be approved by the U.S. Department of Housing and Urban Development for FHA, or the U.S. Department of Veterans Affairs for the VA. Not very long ago, there were ’spot approval’ processes where an individual unit could be approved on a case-by-case basis, but at … (2 comments)
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eddie perez: Going Green in 2011 - 01/01/11 10:28 AM
Make it your New Year’s Resolution this year to go green in your Hoboken household!
Following are some simple steps you can take to help make an impact on the environment:
Many cities have recycling programs with drop-off dumpsters and centers in convenient locations. Remember that cardboard, paper, plastic bags, glass jars and milk jugs are just a few of the items you can recycle instead of sending them to a landfill.
Since the winter season is upon us be sure your insulation, windows, and seals are in good condition. If you have any cracks or openings around windows and doors your energy consumption will really … (2 comments)
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eddie perez: Don’t Miss Hoboken’s Hospitality Week - 11/23/10 01:53 PM
Mark your calendars for Tuesday, November 30th and Wednesday, December 1st. Those are the two days out of the year that nearly fifty of Hoboken’s most popular merchants will be hosting the third annual “Hoboken Hospitality Week”
This special two-day event is organized to encourage the Hoboken community to come on out and shop to support the Hoboken economy. This also is a great opportunity to socialize with you neighbors and enjoy special events and promotions.
On Tuesday 11/30: The “uptown” stores of Hoboken will be featured On Wednesday 12/1: Hoboken’s “downtown” establishments will be the focus During the hours of 6-10pm each day, various businesses … (0 comments)
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eddie perez: Now is the Time to Consider Refinancing - 11/16/10 08:13 PM
It may seem like there is a lot of doom and gloom in today’s real estate market, but it is an ideal time to refinance your Hoboken home. Currently, interest rates are at a record low of 4.25 percent for a 30-year fixed loan.
It has been reported thatapplications for refinancing have nearly quadrupled within the past quarter.
Everyone should take a closer look to see if they can significantly lower their mortgage. Although credit standards are a bit tougher now, it is not as difficult as you would think to get a new loan in Hoboken.
If your credit score is 740 or … (2 comments)
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eddie perez: Is Now a Good Time to Buy a Hoboken Condo? - 11/11/10 09:32 PM
Is now a good time to buy a Hoboken condo?
I’ve found twenty nine 2 bedroom, 2 bathroom homes currently for sale in Hoboken that are priced $450,000 and under with the lowest price condoat $250,000.
AND…….today the Federal Home Loan Mortgage Corporation know asFreddie Mac said that 30 year fixed loans fell to their lowest level since 1971! The average rate for 30-year fixed loans fell to 4.17 percent from 4.24 percent last week.
So is this a good time to buy your first or move up Hoboken condo?
Edward (Eddie) Perez
… (0 comments)
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Eddie Perez - Hoboken Metro Living
Hoboken,
NJ
More about me…
Re/Max Gold Coast Realty
Address: 56 Newark St, Hoboken, NJ, 07030
Office Phone: (201) 795-0100
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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