Friday, September 30, 2011

Weekly Stats Report With New & Active Listing Details for Jersey City Downtown By Hobokenrealestatemoniter.com



Downtown Jersey City Weekly statistics from Hoboken Real Estate Monitor.

Hoboken's Weekly Statistics will continue to be posted on Thursday mornings.  Downtown JC stats will be posted on Fridays.   In addition to posting them, the latest version will be available through the Weekly Statistics Icon on the right vertical nav bar. 






Here is the link to the Downtown Jersey City statistics:


Downtown JC Stats


The statistics contain links to the listings that compiled the price per square foot so you can see exactly what amenity and finish level are included.  They contain live links to all Active, Under Contract and Sold listings.

Each week the new listings for the week will be in separate links by neighborhood so you can quickly see what came on the market in a given week.  

The Downtown Jersey City Statistics are broken down  at the neighborhood level:
  • Newport/Pavonia
  • Hamilton Square
  • Harsmis Cove
  • Powerhouse District
  • Van Vorst Park
  • Liberty Harbor
  • Harborside
  • Paulus Hook
  • Western Edge

The first rule in real estate is location, location, location.  By breaking down the downtown areas into neighborhoods, you get a much finer understanding of the price per square in the specific area where you are looking .

If you use price per square foot as a measure, it really tells you which areas are more sought after than others.  The more desirable - convenient to public transportation, restaurants and shops, etc. - the higher the price per square foot.  Likewise, if you are willing to go to an up and coming area v an established neighborhood, you can get more space for your money. 



Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/


Thursday, September 29, 2011

Weekly Open House and New Listings Map for Hoboken & Jersey City Downtown




We will be checking Craig's list, realtor sites, the MLS again later in the week so check back.

We now have listings for For Sale by Owner and Non-Internet listings in the private view of the map.  Sign up today and get the most complete, easy to use open house and new listings map covering both Hoboken and downtown Jersey City. If you get a listing on the private view that lacks a link look on the right for the For Sale By Owner and Non-Internet Listings icon.  We will be integrating this over the next week or so.


Hoboken Real Estate Monitor's Open House Map

Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

hhttp://www.hobokenrealestatemonitor.com/

http://www.donnaantonucci.com/



Wednesday, September 28, 2011

Hoboken Weekly Real estate Stats Report With New & Active Listing Details



Did you know that when you sign up for the private view of Hoboken Real Estate Monitor's Weekly statistics you get links by quadrant to all the new and  active listings for the week. They are the Hudson county Multiple Listing Service listings used by realtors which have more information than what's available on typical property search sites.

Sign up today by clicking on any of the links & submitting your email address.  An auto-email will be sent to you with a link to the private view of the statistics. Be sure to sign up for weekly updates and get the stats and the private view of the map each week.

Click here for this weeks statistics.

Use the weekly statistics to track the market.  Bid on your new home with confidence!

See the price per square foot by neighborhood, by the number of bedrooms.  What have units sold for?  What are they listed for today?

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/

http:www.donnaantonucci.com




Thursday, September 22, 2011

Jersey City Downtown Weekly Trends Report With New & Active Listing Details



Downtown Jersey City Weekly statistics from Hoboken Real Estate Monitor.

Hoboken's Weekly Statistics will continue to be posted on Thursday mornings.  Downtown JC stats will be posted on Fridays.   In addition to posting them, the latest version will be available through the Weekly Statistics Icon on the right vertical nav bar. 






Here is the link to the Downtown Jersey City statistics:


Downtown JC Stats


The statistics contain links to the listings that compiled the price per square foot so you can see exactly what amenity and finish level are included.  They contain live links to all Active, Under Contract and Sold listings.

Each week the new listings for the week will be in separate links by neighborhood so you can quickly see what came on the market in a given week.  

The Downtown Jersey City Statistics are broken down  at the neighborhood level:
  • Newport/Pavonia
  • Hamilton Square
  • Harsmis Cove
  • Powerhouse District
  • Van Vorst Park
  • Liberty Harbor
  • Harborside
  • Paulus Hook
  • Western Edge

The first rule in real estate is location, location, location.  By breaking down the downtown areas into neighborhoods, you get a much finer understanding of the price per square in the specific area where you are looking .

If you use price per square foot as a measure, it really tells you which areas are more sought after than others.  The more desirable - convenient to public transportation, restaurants and shops, etc. - the higher the price per square foot.  Likewise, if you are willing to go to an up and coming area v an established neighborhood, you can get more space for your money. 



Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/


Wednesday, September 21, 2011

Updated Open House and New Listings Map for Hoboken & Jersey City Downtown




We will be checking Craig's list, realtor sites, the MLS again later in the week so check back.

We now have listings for For Sale by Owner and Non-Internet listings in the private view of the map.  Sign up today and get the most complete, easy to use open house and new listings map covering both Hoboken and downtown Jersey City. If you get a listing on the private view that lacks a link look on the right for the For Sale By Owner and Non-Internet Listings icon.  We will be integrating this over the next week or so.


Hoboken Real Estate Monitor's Open House Map

Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

hhttp://www.hobokenrealestatemonitor.com/

http://www.donnaantonucci.com/



Weekly Updates: Hoboken Real estate Trends Report With New & Active Listing Details



Did you know that when you sign up for the private view of Hoboken Real Estate Monitor's Weekly statistics you get links by quadrant to all the new and  active listings for the week. They are the Hudson county Multiple Listing Service listings used by realtors which have more information than what's available on typical property search sites.

Sign up today by clicking on any of the links & submitting your email address.  An auto-email will be sent to you with a link to the private view of the statistics. Be sure to sign up for weekly updates and get the stats and the private view of the map each week.

Click here for this weeks statistics.

Use the weekly statistics to track the market.  Bid on your new home with confidence!

See the price per square foot by neighborhood, by the number of bedrooms.  What have units sold for?  What are they listed for today?

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/

http:www.donnaantonucci.com




Friday, September 16, 2011

Weekly Open House and New Listings Map for Hoboken & Jersey City Downtown




We will be checking Craig's list, realtor sites, the MLS again later in the week so check back.

We now have listings for For Sale by Owner and Non-Internet listings in the private view of the map.  Sign up today and get the most complete, easy to use open house and new listings map covering both Hoboken and downtown Jersey City. If you get a listing on the private view that lacks a link look on the right for the For Sale By Owner and Non-Internet Listings icon.  We will be integrating this over the next week or so.


Hoboken Real Estate Monitor's Open House Map

Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

hhttp://www.hobokenrealestatemonitor.com/

http://www.donnaantonucci.com/



Thursday, September 15, 2011

Jersey City Downtown Weekly statistics With New & Active Listing Details



Downtown Jersey City Weekly statistics from Hoboken Real Estate Monitor.

Hoboken's Weekly Statistics will continue to be posted on Thursday mornings.  Downtown JC stats will be posted on Fridays.   In addition to posting them, the latest version will be available through the Weekly Statistics Icon on the right vertical nav bar. 






Here is the link to the Downtown Jersey City statistics:


Downtown JC Stats


The statistics contain links to the listings that compiled the price per square foot so you can see exactly what amenity and finish level are included.  They contain live links to all Active, Under Contract and Sold listings.

Each week the new listings for the week will be in separate links by neighborhood so you can quickly see what came on the market in a given week.  

The Downtown Jersey City Statistics are broken down  at the neighborhood level:
  • Newport/Pavonia
  • Hamilton Square
  • Harsmis Cove
  • Powerhouse District
  • Van Vorst Park
  • Liberty Harbor
  • Harborside
  • Paulus Hook
  • Western Edge

The first rule in real estate is location, location, location.  By breaking down the downtown areas into neighborhoods, you get a much finer understanding of the price per square in the specific area where you are looking .

If you use price per square foot as a measure, it really tells you which areas are more sought after than others.  The more desirable - convenient to public transportation, restaurants and shops, etc. - the higher the price per square foot.  Likewise, if you are willing to go to an up and coming area v an established neighborhood, you can get more space for your money. 



Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/


Wednesday, September 14, 2011

Weekly Updates - Hoboken Real estate Stats Report With New & Active Listing Details




Did you know that when you sign up for the private view of Hoboken Real Estate Monitor's Weekly statistics you get links by quadrant to all the new and  active listings for the week. They are the Hudson county Multiple Listing Service listings used by realtors which have more information than what's available on typical property search sites.

Sign up today by clicking on any of the links & submitting your email address.  An auto-email will be sent to you with a link to the private view of the statistics. Be sure to sign up for weekly updates and get the stats and the private view of the map each week.

Click here for this weeks statistics.

Use the weekly statistics to track the market.  Bid on your new home with confidence!

See the price per square foot by neighborhood, by the number of bedrooms.  What have units sold for?  What are they listed for today?

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/

http:www.donnaantonucci.com




Tuesday, September 13, 2011

What positive role seller financing can play in getting your house sold?

In seller financing, the seller functions as a direct lender, with the buyer making monthly mortgage payments to the seller instead of a bank.

Buyers who accept seller financing usually cannot qualify for a traditional mortgage loan, often because they have a low credit score.

"For sellers, the biggest benefit is to increase the pool of potential buyers to include those who might not qualify for a loan," says Ardina Franssen, RealEstate.com agent for the Atlanta and Lake Lanier region in Georgia.

Because borrowers with this profile are considered riskier, sellers often can charge as much as 8 percent or 9 percent in interest, which is more than many other investments earn.

In addition, taxes are owed only on the amount received each year rather than on the entire sale price. This reduces any taxes that might be owed. Sellers often are able to negotiate a higher price for the home when they offer financing.

"Seller financing can be a good investment because sellers will often be able to sell at full price and will earn a high interest rate on their funds," Franssen says. "Both sides benefit because there are reduced closing costs when no lender is involved in the transaction."

Who qualifies?
Seller financing is easier to arrange when homeowners own their property without a mortgage. In 2008, about 32 percent of all American homeowners owned their homes free and clear, according to a U.S. Census American Community Survey.

Homeowners with a small mortgage may be able to pay off that mortgage with the down payment from a buyer or other funds in order to offer seller financing.

In most cases, seller financing covers the entire purchase other than the down payment because institutional lenders rarely approve financing for a partial loan, says Brandon Coppock, program director for Owner Finance Buyers in Dallas, a company that assists owners with seller financing.

"Most of the buyers we work with are using seller financing as bridge financing for a few years until they can qualify for a refinance," Coppock says. "In many cases, the buyers have had a short sale or some other singular event that damaged their credit rather than a pattern of not paying bills."


Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/


Friday, September 9, 2011

Downtown Jersey City Weekly statistics With New & Active Listing Details from Hoboken Real Estate Monitor



Downtown Jersey City Weekly statistics from Hoboken Real Estate Monitor.

Hoboken's Weekly Statistics will continue to be posted on Thursday mornings.  Downtown JC stats will be posted on Fridays.   In addition to posting them, the latest version will be available through the Weekly Statistics Icon on the right vertical nav bar. 






Here is the link to the Downtown Jersey City statistics:


Downtown JC Stats


The statistics contain links to the listings that compiled the price per square foot so you can see exactly what amenity and finish level are included.  They contain live links to all Active, Under Contract and Sold listings.

Each week the new listings for the week will be in separate links by neighborhood so you can quickly see what came on the market in a given week.  

The Downtown Jersey City Statistics are broken down  at the neighborhood level:
  • Newport/Pavonia
  • Hamilton Square
  • Harsmis Cove
  • Powerhouse District
  • Van Vorst Park
  • Liberty Harbor
  • Harborside
  • Paulus Hook
  • Western Edge

The first rule in real estate is location, location, location.  By breaking down the downtown areas into neighborhoods, you get a much finer understanding of the price per square in the specific area where you are looking .

If you use price per square foot as a measure, it really tells you which areas are more sought after than others.  The more desirable - convenient to public transportation, restaurants and shops, etc. - the higher the price per square foot.  Likewise, if you are willing to go to an up and coming area v an established neighborhood, you can get more space for your money. 



Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com
http://www.hobokenrealestatemonitor.com/


Thursday, September 8, 2011

Hoboken & Jersey City Downtown - Open House and New Listings Map from Hoboken Real Estate Monitor.com




We will be checking Craig's list, realtor sites, the MLS again later in the week so check back.

We now have listings for For Sale by Owner and Non-Internet listings in the private view of the map.  Sign up today and get the most complete, easy to use open house and new listings map covering both Hoboken and downtown Jersey City. If you get a listing on the private view that lacks a link look on the right for the For Sale By Owner and Non-Internet Listings icon.  We will be integrating this over the next week or so.


Hoboken Real Estate Monitor's Open House Map

Walk around Hoboken on a Saturday or Sunday afternoon, looking at real estate. Get an idea of what your dollar can buy, in what part of town, with what amenity level. The map is refreshed through Thursday afternoon so be sure to stop by again before your weekend search. Sort by price, number of bedrooms or day of week! By subscribing, you will be able to not only get the basics - price, number of bedrooms, and street location but will get the unit number, and the full Multiple Listing Service listing with photos, square footage and more. . . .

Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

hhttp://www.hobokenrealestatemonitor.com/

http://www.donnaantonucci.com/



Wednesday, September 7, 2011

Weekly Hoboken Real estate Stats Report With New & Active Listing Details from Hoboken Real Estate Monitor




Did you know that when you sign up for the private view of Hoboken Real Estate Monitor's Weekly statistics you get links by quadrant to all the new and  active listings for the week. They are the Hudson county Multiple Listing Service listings used by realtors which have more information than what's available on typical property search sites.

Sign up today by clicking on any of the links & submitting your email address.  An auto-email will be sent to you with a link to the private view of the statistics. Be sure to sign up for weekly updates and get the stats and the private view of the map each week.

Click here for this weeks statistics.

Use the weekly statistics to track the market.  Bid on your new home with confidence!

See the price per square foot by neighborhood, by the number of bedrooms.  What have units sold for?  What are they listed for today?

Information Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832

donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/

http:www.donnaantonucci.com




Tuesday, September 6, 2011

Why is Good-faith deposit important to make a real estate bid?



I'm dealing with several buyers at the moment, and explaining the offer process to my them. One of my favorite parts of that conversation, is that fun discussion about earnest money. For me, it's often a chance learn about buyer expectations and also to see how the transaction might go.


Often, I even find myself explaining earnest money to buyers who have bought in the past. We sell homes every day, but they purchase homes probably every five years or so at the most. Last week, I was explaining the process of earnest money to a client looking at a luxury home.  Sometimes buyers don't see why this is necessary.

In Hoboken, we generally only ask for $1,000 earnest money in order to put in a bid.  In other states the earnest money just to make an offer can a percentage of the offering price - 2-3%.

This particular client was quite straight forward, so I gave him the line I give all my buyers eventually- the sellers want to make sure you have some skin in the game.

But I found myself thinking back to the heady days of 2001-2007. You remember them- no doc loans, your auto mechanic giving you his new card that read mortgage broker, and buyers who seemed just a bit overly concerned, about how long it would take for the title company to cash their earnest money check.

There was a particular mortgage broker that used to send me business. One of his favorite things to say to me, was that I *sure do ask a lot of questions.* It seems that I asked a lot of questions of him, and I sure did of the folks he sent my way. A gift horse is one thing, but scrutinizing someone who might waste my time, and unknowingly theirs, is completely within bounds. His folks were preapproved, and I would find out after a few questions, because he felt he could get anyone done. But being the curious and informative person that I am, I would always tell them about costs associated with a purchase before closing.
 
Earnest money, inspections, appraisals etc. The broker in mind would wrap the appraisal in closing. Most would ask me if they could waive inspection. And then there were the requests to write an offer with $100 in earnest money. Paying for the appraisal really wasn't my concern. If you want to waive inspection, I highly advise against it, and you will sign every document I can think of to cover my backside. And then a few more for good measure.

But the red flag requests for low earnest money got my skin in the game speech, and my belief, that this wasn't the sort of business I wanted. I'm bullish on home ownership to say the least. But if you can't pay the fees associated with buying a home, for fear the rent payment or day care check will bounce, perhaps it's good, to sit this game out.

I stopped working with that mortgage broker's clients, when they became more unqualified, and his tactics became shadier. He isn't in the business anymore, which isn't a surprise. The strange thing is, I've met agents who had similar experiences during those crazy times.

Home ownership is great. And lending practices and home buying will loosen up again. America is a cyclical country, and we will have creative financing, and a push for home buying again. And yes, much of it will be artificial. But the thing to remember from a real estate professional standpoint, is that your clients should always have some skin in the game.



Provided by Donna Antonucci
Prudential Castle Point Realty
201-240-6832


donnaantonucci@gmail.com

http://www.hobokenrealestatemonitor.com/

http://www.donnaantonucci.com/