Bob Idakaar

RELOCATION SPECIALSIT!

Morris County Regional Sales Center

17 Elm Street

Morristown, NJ07960

Main: 973-538-5555 Office: 973-538-7655 ext 319
Toll Free: 1-877-744-4663 Home: 973-927-5327
Cell: 973-713-2377
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Economy Brings Generations Together Under One Roof

 by Phoebe Chongchua --> After college some people say they'll never have another roommate but tough economic times are making people consider multi-generational housing. In fact, the latest figures report that 4.4 million U.S. homes had three generations or more living in the same home in 2010, according to the Census Bureau. Three generations living in one home is becoming so popular ...

Loosening credit standards to help the Housing markeat according to CAPITOL ECONOMICS!

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago. Additionally, a Fed Senior Loan Officer Survey found ...

Hows the Market for Spring 2012? Selecting an agent / Inmann news

Selecting the right Agent to Sell or buy with    I'm a listing agent with as deep a local knowledge and relationship basessible. With buying, things can be a little bit different -- especially if you are relocating and looking at a wide range of areas. Unless you're house hunting in a super-specialized neighborhood or for a unique property type,  any good buyer's agent from the general ...

How's the Market?

An article recently shared by ALTOS REASEARCH on the 2012 housing market: It turns out that if you watch the prices of the properties that enter the market each week, you can get a real sense for the quality of the demand in a local market. Also notable is that the spring housing market starts the second week of January. Like clockwork. Realtors, it turns out, in aggregate are quite sensitive to ...

Owning is now cheaper than renting! Alan Sloane of Fortune Magazine Interview

Adriene Hill: Later this morning, we'll get new mortgage numbers and new data from the National Association of Home Builders. The housing market bubble has many folks more comfortable renting than buying these days. Fortune magazine's Allan Sloane joins us now to talk about the reluctance to sign that mortgage. Good morning Allan. Allan Sloan: Good morning, Adriene. Hill: So how does the price of ...

Refinancing Gets Even More Attractive says new Wall Street Journal article!

Homeowners who have resisted the urge to refinance their mortgages until now could be rewarded for their willpower. Mortgage rates have fallen to new lows—and banks are rolling out incentives to win business. Economic uncertainty in Europe and slow growth in the U.S. are prompting investors to pile into ultrasafe U.S. Treasurys. That, in turn, is pushing down mortgage rates, which are tied ...

The costs of not pulling permits

Here are the primary repercussions to the homeowner when permits aren't pulled on time or at allHard to sell - the house likely won't pass inspection should they try to sell it. Insurance issues - homeowner insurance policy modifications or changing companies often require a Certificate of Occupancy. If the certificate doesn't show structural changes that have been made, the insurance company can decline ...
Tags: Home permits

To refinance or not to refinance; that is the question!

With interest rates at a historic low, now is definitely time to take advantage and look into refinancing Home here in Morris county.... If you have been thinking about refinancing your mortgage, there are a few things you need to take into consideration before making your final decision. Although rates are low right now, the present economic crisis has caused a lot of lenders to reduce the amount ...

REAL ESTATE REPORT FALL 2011

A new CoreLogic study has determined that there are substantial reserves of positive home equity nationwide, citing recent Federal Reserve data showing that Americans held about $6.2 trillion in equity in their homes at the end of the 2011 second quarter. Federal and industry estimates also reveal that nearly one of every three homes is debt-free. According to CoreLogic, nearly half of homeowners with ...

Housing Market July 2011

Housing Market July 2011 Bob Idakaar PRUDENTIAL NJ PROPERTIES WWW.BOBSHOMES.NET   The Northeast mainly concerning tri state areas of Connecticutt, New York and New Jersey seems to be better than many other places in the country.  There still are jobs here and thank GOD for the Pharma Companies and Economic strengths of the suburbs of NYC The Easy answer that everyone agrees to is ...
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