During the heyday of the real estate boom, banks & appraisers were not as prudent as they should have been when determining value of property and the creditworthiness of the buyer. Since the correction in the real estate market, lenders and appraisers have been more prudent but in some cases the accuracy of appraisals have been called into question. Some individuals in the appraisal ...
Pulte'e Dugas Says Housing Market To Start Slow Climb
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How to Use Comparable Sales to Price Your Home
Before you put your home up for sale, use the right comparable sales to find the perfect price. Read
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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
Negotiate Your Best House Buy
Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home. Read
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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
Fielding a Lowball Purchase Offer on Your Home
Consider before you ignore or outright refuse a very low purchase offer for your home. A counteroffer and negotiation could turn that low purchase offer into a sale. Read
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Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®
Prudential Real Estate Network ranks "Highest Overall Satisfaction for Home Sellers among national full service real estate firms," in J.D. Power and Associates 2010 Home Buyer/Seller Study. This marks the second time three years that the Network ranked highest in seller satisfaction. See the below video.
Gov. Chris Christie on Saturday vetoed a bill that would give tax credits of up to $15,000 to homebuyers, saying the state could not afford to forego $100 million in tax revenue over the program’s proposed three-year lifespan.
The bill, which passed with overwhelming bipartisan support late in the spring, would have provided three-quarters of the funding to buyers of newly built homes.
Christie ...
Nationally sales of new homes during the month of June have rebounded nicely from the deep decline in May. You may recall that April saw the best results in a long time with sales of 422,000 homes. After the first time buyer tax credit expired, May sales dipped to 267,000 - the lowest point since the Commerce Department began tracking this data in 1963! June sales are 330,000 ...
First the Not So Good News. May contract sales in New Jersey plummeted to the lowest level in 6 years - down 23% from May 2009! The expiration of the federal home buyer tax credit is the primary culprit behind the first monthly decline in more than one year.
The impact this has on the market is that unsold inventory (across all price points) is now up to 13 months from just over 7 ...
There is an "old saw" in real estate that a home with an inground pool greatly limits the marketability of your home. This year I have my first listing with an inground pool and I have found this adage to be largely true.
The installation of pools really took off in the 1980s when the trend was for owners to erect decks and landscaping to in effect set up their homes as an oasis. ...