Matthew Haviland's Atlantic City NJ Area Real Estate Blog

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Real Estate Agent - Keller Williams Realty Atlantic Shore
Real Estate News, Statistics and Insight on Atlantic City and and Atlantic County New Jersey. Written by Matthew Haviland, The Haviland Group At Keller Williams Realty Atlantic Shore.

ARCHIVED BLOG POSTS

2008 

If you are thinking about buing a condo and would like to use FHA financing or many of the first time home buyer grant programs the condo needs to be FHA approved.  Also, If you are using the Atlantic County first time home buyer grant program for down pament and closing costs you will need to pu...
09/29/2008
After much anticipation our new 5,000 square foot office is officially open!  Our new office is open at 200 Tilton Road Suite 5 in Northfield NJ. This is in Kensington Square formerly Kensington furniture. We're excited about this new location which is centrally located in Atlantic County to allo...
09/25/2008
If you purchase a home on or after April 9, 2008 and before July 1, 2009 as a first time home buyer you may get a tax credit of up to $7,500.  Single tax payers with an income of up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.  How the tax credit wor...
09/24/2008
I just found out yesterday that grant money is now available.  For more information on the program please visit my previous post:  http://activerain.com/blogsview/631226/Funds-Available-For-Atlantic For the last few months the county has been turning potential buyers away.  But now funds are avai...
09/19/2008
As a real estate professional, I often get asked "How's the market?" I've been struggling with what to say for the last two years.  I could be optimistic and say that it is great.  But for many people it is not a great market.  There are people who can't afford their homes and are forced to do a ...
09/13/2008
I got this graph from Zillow and it shows an interesting picture of the percentage of homes sold for a loss since 2001.  AS you can see the percentage sold at a loss has increased greatly since 2007 and is at it's highest percentage in 2008.  Many home owners who bought in the last few years have...
09/06/2008
Here is another great graph that I got from Zillow giving an overall picture of our market.  The blue line shows a change in home values.  The light green bar shows positive median owner equity.  And the small dark green bar shows the median down payment.  The positive thing to me is that many pe...
09/06/2008
Here is a great graph from Zillow showing the negative equity of owners who purchased a home in a given year from 2000 to 2008.  It also shows their down payment as well. As you can see owners who purchased in 2004 to 2008 have a good chance of having negative equity in their home.  Current home ...
09/06/2008
Here is another map I found on Zillow that is great at showing an overall picture of home value changes.  If you think that your home's value has changed and want to know for sure please call me at 609-916-7342 ext 704 and I will provide a complementary market analysis for you. Looking on the map...
09/06/2008
While Zillow does not always do a great job of coming up with values for individual homes, they have done a good job in visually displaying what is going on in the market today in a broad sense. This map displays which areas have the most negative equity.  While this map may look bleak it is not ...
09/05/2008
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