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 

It is estimated that almost 6 million Americans are behind on their mortgage payments or in foreclosure, many more are using savings and retirement accounts to avoid joining those ranks. For the fortunate ones, there is a loan modification in their future. When borrowers fall behind on their pay...
08/30/2009
National Association of Home Builders is making the effort to extend the tax credit through Nov. 30, 2010. They’re also requesting for Congress to make the credit available to all buyers of principal residences, not just first-time home buyers. According to NAHB, extending the tax credit program...
08/30/2009
In the aftermath of the housing collapse, the mortgage broker industry is a target for reform. Regulators and legislators at the state and federal levels are busy implementing a variety of laws and regulations designed to protect consumers and prevent another housing crisis in the future. Here’s...
08/30/2009
Would you, under any circumstances, default on your home mortgage, even if you could afford to make the monthly payments? According to new research from theUniversity of Chicago’s Booth School of Business and Northwestern University’s Kellogg School of Management. A study found that 26 percent o...
08/23/2009
First Time Home Buyers Are Leading The Way It’s likely that more first-time homebuyers will aim to make a purchase soon, as they try to meet the $8,000 homebuyer tax-credit deadline in November. If you are a seller and you would like to attract first-time homebuyers, you may want to consider the ...
08/23/2009
Here are the final sales figures for July 2009 compiled using the Hudson County Multiple Listing Service. Overall, Hoboken condominiums showed a decline when compared with the same period last year.  There were declines in total units sold, total contracts signed, average selling price, median s...
08/20/2009
Desperate homeowners across the country are finding that getting a short sale approved can take six months or longer, and in many cases, these deals collapse due to a variety of complications. Knowing how to approach a short sale will increase your chance of success. A short sale occurs when a m...
08/17/2009
Luxury homebuilder Toll Brothers Inc. gave investors new optimism about the housing market recovery, stating it posted the first annual increase in signed contracts for new homes in four years. Toll said that new home contracts rose 3 percent from the third fiscal quarter last year, and the numb...
08/17/2009
According to Treasury Department estimates, less than 10 percent of delinquent borrowers eligible for the Obama administration’s foreclosure prevention program have received help so far. Of the 2.7 million borrowers who have missed at least two mortgage payments, only 235,247 have received loan ...
08/17/2009
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The Federal Housing Administration was created during the Great Depression, to make home financing available to many Americans. The FHA insures certain loans made by private lending institutions. The FHA program is “government-backed financing”. By having government insurance backing a loan, pri...
08/10/2009
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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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