nj: Essex County NJ Housing Absorption Rates – August 2014
- 08/05/14 07:06 AM
“How’s the market?” This is a question asked of Real Estate professionals all the time. Home sellers, home buyers and other agents are constantly gauging the health of their market place, because real estate is the ultimate local business. What is happening in one town can vary widely from a neighboring town. There are many ways to gauge the health of a real estate market place: Average Sales Price, Number of Sales, List to Sales Price Ratio, Average Days on Market just to name a few. One very good barometer of a real estate market’s health, which is less commonly cited … (1 comments)
nj: What are the Tax Consequences of a NJ Short Sale?
- 07/15/12 12:46 AM
One of the most important but often overlooked components to consider when evaluating a Short Sale of your NJ home is what the tax implications will be.
Let me start off by stating that I am not an accountant or tax attorney, and this blog is for informational purposes only. It is not to be construed as tax or legal advice. If your NJ home is underwater, a Short Sale may be a good option for you. You may be able to escape from your upside-down mortgage without any deficiency judgment or promissory note, and while your credit will be … (2 comments)
News and information on Real Estate in the Essex County & Union County regions of New Jersey. We focus on New Construction, Short Sales and Foreclosures.
“How’s the market?”
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