real estate: GOOD NEWS FOR REAL ESTATE MARKET - 09/21/09 08:59 AM
 

I am excited to share great news...August continued to show a rise in the amount of homes sold in Monmouth County. For the past few months we have experienced more sales than the same time frame from previous years. August was amazing, and not typical for August. Despite what many people think..the busiest Fall month is usually October.
I am encouraged by the increased sales for several reasons, it is an indicator of the buyer confidence level and shows that it is price driven. As long as sellers continue to price their homes for the market that we have … (0 comments)

real estate: Out with 2008, in with 2009 - 01/28/09 02:54 AM

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real estate: Moving forward in this shaky economy... - 10/22/08 05:32 AM
Featured article in the Monmouth Journal- October 3, 2008 
As market experts, economists, and political pundits weigh in with their opinion of the bail out and other assorted plans to move forward, I can only hope whatever path chosen is laced with common sense.
Any fool should known that prices do not go up forever and that interest rates do not come down indefinitely. The real estate market is not a ball-it does not "bounce back" or plunge in a matter of days. It quietly and reliably cycles up around and down again and so on. In fact it is always … (0 comments)

real estate: Homes are selling - 06/27/08 03:58 AM
Well, the real estate buyer decided to take their lives off hold and buy homes - taking advantage of the still low interest rates and the affordability factor that increased in the last couple of years with higher supply forcing homeowners to lower prices to match demand.
Currently there are 12 homes under contract in Rumson, and only four of those are over $2M. Out of the four properties, Resources Real Estate sold two. One we listed and sold, for a total of three transactions.   AS THEY SAY THREE OUT OF FOUR AIN'T BAD!! One of my major goals has been to … (1 comments)

real estate: Investments - 06/04/08 08:00 AM
I heard an interesting statistic on the radio yesterday. Nationwide home sales prices are down 14% overall since last year, yet up an overall 60% since 2002.
I still don't get the doom and gloom. 60% increase does not say either to me.
Personally I am still investing in real estate. I am not buying ugly duckling homes -fixing them and reselling like I did a few years ago. 
I am buying rental properties, the prices have come down, rents have remained stable and what do I care if the go up or down in value in the years to come. The … (0 comments)

 

Carolynn Ozar-Diakon

Rumson, NJ

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Resources Real Estate

Office: (732) 212-0440

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Real estate tips, advice, and experiences written by a top notch broker, Carolynn Diakon, who is an expert in luxury real estate.


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