Hoboken, New Jersey real estate news, info and more!
Market news,stats, new listings, price reductions and lots of other useful info about real estate in Hoboken, NJ.
ARCHIVED BLOG POSTS
2009
Major mortgage servicer Wells Fargo, which owns one in six U.S. mortgages, has nearly doubled its staff working on restructurings, by adding nearly 7,000 employees this year. Citigroup has increased staff by about 54%, adding 1,400 positions. The new companies that have been formed in response t...
11/29/2009
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Since the new home buyer tax credits have been approved a lot of possible buyers have questions regarding how the new credits work. Following you will find answers to good questions that you as a potential buyer may have. As a current home owner how can you apply for the $6,500 credit? A buyer ...
11/29/2009
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According to data released by the Mortgage BankersAssociation, approximately one in seven American households with mortgages is behind on payments or in foreclosure. Sadly, only ten years ago it was one in ten. The report stated that 14.4% of first-lien mortgages on one-to-four-family homes in t...
11/29/2009
Major mortgage servicer Wells Fargo, which owns one in six U.S. mortgages, has nearly doubled its staff working on restructurings, by adding nearly 7,000 employees this year. Citigroup has increased staff by about 54%, adding 1,400 positions. The new companies that have been formed in response t...
11/29/2009
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Attention first time home buyers, don’t miss out on this very charming condo located in Hoboken. This is a great opportunity to take advantage of the $8,000 First-Time Home Buyer Credit. Act now before it’s gone! Remember, now the credit is $8,000 for first timer and $6,500 for repeat buyers. S...
11/22/2009
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With the extension of the $8,000 credit and the addition of a credit for those who have owned and lived in their home for at least five of the last eight years. With rates falling and beginning in January 2010, those who have the equity and can afford to refinance are taking advantage of the lo...
11/22/2009
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Home sales will increase 15 percent to a potential of 5.7 million units and REALTOR® income will be up 20 percent in 2010, according to NAR Chief Economist Lawrence Yun. The home buyer tax credit brought in up to 400,000 first-time buyers into the market who would not have bought otherwise. Thi...
11/22/2009
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Congress passed a bipartisan measure extending the $8,000 home buyer tax credit to April 30, 2010. The extension is estimated to contribute approximately $22 billion to the economy. The legislation, which is part of a larger bill that also extends unemployment benefits. The law also includes a $...
11/15/2009
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The Department of Housing and Urban Development is making an attempt to simplify the process of looking for a loan. On Jan. 1, 2010, a new Good Faith Estimate form, or GFE, will be introduced that will outline the costs of a loan, including a revised settlement statement which shows your final l...
11/15/2009
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As reported by the National Association of REALTORS® pending home sales have risen for an eight consecutive month making this the longest period of growth since 2001. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from...
11/15/2009
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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.
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).
Hoboken Condo Living
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).