new jersey real estate: Hoboken Hot Property - 07/19/12 10:37 AM
There are still great deals to be had in Hoboken real estate. In fact, it is still a buyer's market and investment properties are hot. If you're looking for an investment property, know the market and be familiar with what each area has to offer.
Investment properties should be in good basic shape, need little in repairs and have good bones. To rent a home, you need to make it sound, clean and presentable, make sure all the appliances work and don't worry that it doesn't have the most modern flooring or appliances. Keep the walls neutral and don't spend tons … (0 comments)

new jersey real estate: Now May Be The Time To Sell Your Hoboken Home - 07/11/12 02:42 PM
Regardless of your political affiliations and your like or dislike for the Affordable Care Act (a.k.a. "Obamacare") there are items contained within its pages that may impact your real estate plans. In the bill is a tax that all homeowners need to be aware of, especially those in the Hoboken area where home values average above $440,000.
Beginning in 2013, homeowners who meet specific criteria will be responsible for paying a 3.8 percent tax on "unearned income" under the new health care law. This means if you sell your home beginning in 2013 you could be paying this 3.8 percent tax, … (2 comments)

new jersey real estate: Making the Monthly Mortgage Payment - 07/04/12 01:58 PM
 When shopping for a house or condominium in Hoboken, one of the first things you might do is establish a budget. You'll start with the cost of the home you feel you can afford, add on the cost of moving and an amount for any necessary renovations. Based on this number you would establish a target budget and search for homes that do not exceed that amount. There is, however, a much more practical way to look at it.
If this is a first-time home purchase, you may want to re-evaluate your budget and base it on the monthly mortgage payment … (0 comments)

new jersey real estate: Soak Up Some Hoboken, NJ History on July 4th - 07/01/12 08:18 AM
 Looking at Hoboken in 2012, it is difficult to imagine what it might have been like in colonial times. The city has a very rich history. In the 1600's it was a seasonal campsite for a group of Lenape Indians, who used the serpentine rock found there to carve pipes. In 1609, a man named Henry Hudson was the first European recorded to set foot on the land.
Three Lenape Indians eventually sold the land that became known as Hoboken for a combination of shell beads (known as "wampum"), cloth, kettles, blankets, guns and a half a barrel of beer. The … (0 comments)

new jersey real estate: How's the Market, New Jersey? - 06/01/12 04:45 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 recent 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)

 
Edward Perez (Sothbey's International Realty)

Edward Perez

Hoboken, NJ

More about me…

Sothbey's International Realty

Address: 306 Washington Street, Hoboken, NJ, 07030

Office: 2017955200 ext 436

Mobile: (201) 344-2886

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



Listings

Links

Archives

RSS 2.0 Feed for this blog