New Jersey Real Estate Guys Real Estate Buyer Brokers, Real Estate Agents

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New Jersey Real Estate Guys


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NJ Short Sale Specialists
We are Northern NJ's leading Short Sale Specialists. With a proven track record of executing dozens of Short Sales, we can assist in providing you with an effective exit strategy from your home if you are in hardship.
NJ Gold Coast Real Estate
Hoboken, Jersey City, Weehawken, and the entire Gold Coast. We provide buyers and sellers an unmatched service. Ask us about it!
Hoboken Condo & Real Estate Report
Welcome to our new Hoboken Condo Report archive page.  As of October 1, 2010, we will be providing links below to our exclusive monthly reports for activity.  For all reports prior to September 2010, all information is on this page that you can see by scrolling down.  If you are looking for assistance in the Short Sale Process of your condo in Hoboken, you have come to the right place.  We have...[Read more ...]
Browse our MLS / IDX | Monthly Local Housing Reports
Just to the right of the screen, you will notice our customized MLS / IDX tool.  This custom design allows you as the user to search all homes for sale using your specific criterias.  This system will allow you to narrow down your homes so you won’t get overwhelmed by thousands of homes.
As stated to the right, the MLS’s are area specific.  Be sure to use the MLS / IDX that is appropriate...[Read more ...]
VIDEO UPDATES ARE HERE!!
I promised this in 2010 and we never had the time to get things to video.  We are going to start slow and narrate short powerpoint presentations.  Please let us know what you think.  I have already been told once that I talk too fast!  I try to limit the time and with so much good information I tried to speed-talk to get things done on time.  If it is tough to understand, please comment on the...[Read more ...]
Your NJ Short Sale Specialists – VIDEO Included
UPDATE: Watch the following video to learn how to effectively short sell your home in NJ. Remember homeowners:  This does not cost you anything.  If you are in default of your mortgage, typically the bank pays everything INCLUDING but not limited to the realtor fee, closing costs, taxes, insurance, etc. 
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DO I NEED A REALTOR FOR TO SHORT SALE .
DO I NEED TO GO LATE ON MY MORTGAGE
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As short...[Read more ...]
NJ Real Estate Investment Club – COMING SOON
After many requests, we are going to launch a cutting edge Real Estate Investment Club and hold monthly gatherings.  The name of the investment club will not be determined for a few days, but all members of the public are welcome.  The first 20 members will be admitted FREE for the first year.
We are looking for newbie or experienced real estate investors and will be discussing market conditions,...[Read more ...]
Hudson County NJ LOFTS Market Update
We are fielding a lot of requests for Loft Building information.  Since we love lofts and show and list a ton of them, I figured we’d give you a YTD Update on the loft units in some popular buildings in Hudson County. This report is as of August 16, 2011.  To be forwarded to the Loft Building’s homepage and to see available units, please click on the link provided in the name.



Hudson...[Read more ...]
Montclair Property Taxes to come DOWN!
One of the biggest knocks on Montclair real estate has been the high property taxes. Montclair is full of beautiful Victorian and Colonial homes with some phenomenal downtown districts, but the taxes are too damn high!! Well, not for long…at least for most. All Montclair property owners can expect their tax assessment to change following a reassessment that is currently in progress.
The most...[Read more ...]
Montclair Real Estate Report – August 2011
The housing market in Montclair continues to heat up as the summer is coming to an end.  July turned out to be very active with 45 closed sales according to the Garden State MLS.  What is eearily similar is that the trend of sales is the same over the last 3 years, which historically always is.  Typically Q1 is slow, Q2 – Q3 takes off….end of Q3 starts to fall and Q4 picks up again right...[Read more ...]
Hoboken Condo Report – July 2011
If you are in the market to buy a Hoboken condo, the available inventory is substantially lower relative to this time last year.  If you are a seller in the market, it is a good time to be in a market with limited availability and an active buyer market.  We are experiencing tons of activity on our listings.  As of August 1, 2011, there are 328 total condos for sale in the Square Mile.  A year...[Read more ...]
Hoboken Condo Report – June 2011
Who doesn’t believe in trends?  The Hoboken real estate / condo market is following a very similar pattern as it did in 2010.  This year is averaging about 10% less in performance than 2010, but we just got over the height of the Tax Credit this time last year so this was anticipated for a long time.  That being said, the market is showing strength and the price per square foot is stabilizing...[Read more ...]
Hoboken Real Estate Report – May 2011
Hoboken real estate had a killer month in May.  Coincidentally, we followed the same trajectory as this time a year ago when the First Time Homebuyer Tax Credit was in its final month.  There are no government incentives these days and the comparable trajectory to last year shows that the market can improve without these stupid incentives.
If you read back in our archives, I predicted that the...[Read more ...]
Short Sale scam cheats banks, sellers?? Really??
I felt compelled as a real estate investor to write a response to a recent couple of articles I have read.  My practice is in New Jersey and Florida and most of you know my reasons and business ties.  I am a typical residential real estate agent, commercial broker of multi-family, and a real estate investor myself.  The title of this article describes what critics of flippers are saying.  (Probably...[Read more ...]
Montclair Real Estate Report – May 2011
The NY Metro Suburb of Montclair had a great sales month in May for Single Family Homes, however inventory remains slightly high.  What stuck out to me most this year, however is the trend of sales from 2009 (shown in line graph below).  Beginning in the Spring season, which is typically March, sales begin to pick up significantly in each year respectively.  Let’s look at important factors:
In...[Read more ...]
Apartment Complex Investors – Multi Family Residential
As the Northern New Jersey housing market works into its final stages of finding the bottom in many sub-markets, more and more demand for rental units continue to heat up.  Challenging home financing requirements, foreclosed / short sale homeowners who are pretty much forced to rent, and preference of lowering personal living expenses are just a few reasons for why people are renting, resulting in...[Read more ...]
Ridgewood April 2011 Housing Market Update
While Ridgewood NJ real estate was enjoying the bragging rights to high demand and low inventory as nearly every other submarket struggled with high inventory levels, the pattern has shifted a bit.  While inventory levels are falling in many areas, Ridgewood is experiencing a growing amount of new listings, however the monthly sales pace is consistent.  In fact, as of May 1, there were 61 homes sold...[Read more ...]
Downtown Jersey City Condo Report – April 2011
Year to date, the biggest news in Downtown Jersey City is the fact that Crystal Point has sold more than 30 units during the first quarter of 2011.  Averaging 10 sales per month in a building like this suggests realistic pricing and favorable operating expenses along with its superior location.  More than 80% of the units in Crystal Point are sold leaving only about 30 units remaining available out...[Read more ...]
Hoboken Condo Report – April 2011
The Hoboken real estate market is continuing to outperform other urban markets.  The improving job market combined with low prices and interest rates are fueling the drive.  A clear indication that the market is doing well is the rate of absorption.  The rate of absorption is the amount of time in months it would take a housing market to sell out the current inventory level with the previous months...[Read more ...]
Hoboken Condo Sales Price / SF Report
In addition to the monthly and quarterly sales reports on the Hoboken condo market, I am always curious to know what the sales price per square foot is in any given real estate market.  This, in my opinion gives a better indication on what your money buys and how much the market has gained or dropped.  In the graph below, you will see a good idea as to what the respective condos are trading for in...[Read more ...]
JP Morgan Chase earnings soar – Mortgage Losses High
JP Morgan Chase, the second largest bank in the world as far as assets, earned $5.6 billion during Q1 2011 which boosted shares up to $1.28, exceeding 28 analysts expectations of $1.15.  These earnings are up 67% from the $3.3 billion earned during this period a year ago.  Earnings are up 15% since Q4 2010.
CEO Jamie Dimon said the bank’s credit card and wholesale business boosted profits during...[Read more ...]
Jersey City’s Montgomery Gardens to be revitalized
Great news for Beacon owners!  Jersey City was one of the 17 communities selected from 119 applying nationwide for federal real estate aide.  Under President Obama’s “Choice Neighborhoods” Initiative” which encourages public and private institutions to work together to further development- including market-rate and “work force” housing, retail and commercial space,...[Read more ...]
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Popular Posts
Hudson County NJ LOFTS Market Update
Montclair Property Taxes to come DOWN!
Montclair Real Estate Report – August 2011
Hoboken Condo Report – July 2011
Hoboken Condo Report – June 2011
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