There was a time when if you wanted to purchase a new property you did a few things, like scoured the newspapers, visited your local estate agents’ offices, or even drove around the streets hoping to spot a board announcing that a house in your dream area was available.
from press release
PRINCETON, N.J. – No. 15 Princeton weatheredthe storm to earn a 10-8 win over No. 9 Loyola on opening day ofthe women’s lacrosse season.
Anne Vogt, left, of Mt Tabor, a former client who underwent a collaborative divorce talks with Family Lawyer Denise Wennogle of Morristown, president-elect of the New Jersey Collaborative Law Group.
The weather got warm enough to melt the snow. Now it’ll get cold enough to turn it back into ice.
The National Weather Service has issued two alerts, saying temperatures rose above the freezing mark throughout eastern Pennsylvania and New Jersey, resulting in a fair amount of snowmelt.
Q: I recently sold my house on the East Coast, and I now live out West. According to my real estate agent, the settlement went well, and the title attorney sent me a check for the net sales proceeds.
By Keiko Morris
Jersey City isn’t the fashion industry’s new Garment District or Midtown South, the hot spot for technology andadvertising firms.
But New Jersey’s second-largest city has been making the case that it is an up-and-comer in the office-spacemarket, attracting clothiers and publishers as well as building on its base of financial-services companies.
In late January, Gov. Chris Christie issued an executive order appointing experts in restructuring private businesses to look at Atlantic City’s well-publicized financial challenges and recommend ways to address them. His action resulted in a flurry of financial-market concerns about Atlantic City’s fiscal future, but also raised questions about the state’s fiscal commitment to other cities.
Many state legislative leaders are alarmed because their fellow Republican, Gov. Rick Scott of Florida, plans a foray into the commonwealth this week to try to poach businesses and jobs. They choose to blame a single issue, the state’s unduly high 9.9 percent corporate income tax rate, as if it exists in a vacuum.
Most Realtors would agree that maximum exposure to the marketplace results in maximum price. ListHub’s decision to pull the plug on the data it aggregates from 560 multiple listing services (MLSs) and syndicates to Trulia would seem to be a damaging decision to both agents and consumers — but is it really?
Property Taxes News: Tax battle at Morristown Medical Center could bring financial pain to hospitals statewide
MORRISTOWN — Two hundred and thirty-eight years ago, George Washington put this north-central New Jersey town in the history books when he used it as a wintertime encampment during the colonies’ bid to break from British rule.
Like the snow, residential home sales in the Greater Lehigh Valley inched up 1.9 percent in January, with 17 more homes sold in 2015 than in January 2014. That modest growth complements the 4.2 percent growth comparing January 2013 to last January.
NJ Real Estate News: ProHatch Welcomes the Addition of Institutional Quality Real Estate to Their Crowdfunding Platform
To expand crowdfunding marketplace to accredited investors and issuers focused on real estate investment.
New York, New York (PRWEB) February 23, 2015
ProHatch, the alternative capital formation and advisory services platform, announced that they’ve added regulated securities issues to the platform, expanding their online marketplace to Accredited Investors and Issuers focused on financial investing in growth oriented businesses, real estate as well as nonprofit programs.
A crumbling infrastructure and the state’s exorbitant property taxes are still no deterrent to New Jerseyans, apparently.
More than three in five (63 percent) asked call the Garden State a good (48 percent) or excellent (15) place to to live, according to a Monmouth University poll released this morning.
Assemblyman Vince Mazzeo (D-2) will run for re-election on a ticket with Atlantic County Freeholder Colin Bell (pictured).bell
The Democrats are seeking the support of their party in a general election battleground district where incumbent Assemblyman Chris Brown (R-2) is lined up on the opposite side with Republican Freeholder Will Pauls.
Traditional wisdom has told us that selling a home in the winter isn’t worth the effort, but that may not necessarily always be the case.
The following tips can help you make the decision if selling your home during the winter months is a good option.
By JOSH BOAK
AP Economics Writer
WASHINGTON (AP) – U.S. home sales struck a snow drift in January, plunging to the slowest pace in nine months.
The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million.
Jersey City taxpayers won’t get a tax cut or tax hike this year, with Mayor Steve Fulop announcing this morning that he will present the City Council with a budget that has a stable tax levy.
NJ Real Estate News: Novus Equities, LLC, Named Paterson Historic Preservation Commission’s Stewardship Award …
Formerly Distressed Park Avenue Building Restored to Historic Roots
PATERSON, N.J., – February 23, 2015 – (RealEstateRama) — Novus Equities, LLC, was recently named the recipient of the Historic Commercial Building Stewardship Award, awarded annually by the Paterson Historic Preservation Commission.
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February 23, 2015
Government and Public Real Estate News:Property News,Housing News,Grant News,Mortgage News,Foreclosure News
NEW YORK, N.Y. – February 23, 2015 – (RealEstateRama) — Ocean County residents and property owners will be able ask questions and obtain information on their property’s flood hazard risk at two Open Houses scheduled to take place in Ocean County on Wednesday, Feb.
A new study of the proposed PennEast Pipeline project delved into the economic jolt the $1 billion investment could have on jobs, wages and spending in Pennsylvania and New Jersey.
Several speakers discussed the study during an open forum for the project hosted by the Greater Lehigh Valley Chamber of Commerce this morning at DeSales University in Upper Saucon Township.
Winter’s a great time to consider your options for home improvement. The weather has us stuck inside our homes more than we’d like, but this really gives us a chance to look more closely at our homes and the areas that are in most need of updating.
JERSEY CITY — Puccini’s Restaurant, the famed Italian eatery and catering hall on the city’s West Side, sold earlier this month along with six adjacent parcels for $19.5 million, The Jersey Journal has learned.
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Chelsea DianaReporter- Albany Business ReviewEmail | Twitter
New York state collected $102.9 million more in business tax collections this year than last year, according to a new state report.
Despite low mortgage rates and a healthier job market, home sales have started off the year at a subdued pace, dipping in January compared with December, the National Association of Realtors said Monday.
Provident Bank closed a $55 million loan for the development of a Clark shopping center, pictured. Krame Development will build 27 retail spaces housed in seven buildings on the 28-acre parcel of land on the former U.S.
By ERIC OBERNAUER
For beleaguered New Jersey taxpayers, the nearly 40 percent decline in gasoline prices over the last 12 months has been the most welcome relief they’ve had in years.
NEW YORK (AP) – A 33-year-woman is being accused of pretending to be a real estate agent and falsely collecting more than $24,000 from unsuspecting renters in upper Manhattan.
Police say Jennifer Ricardo of the Bronx was arrested Monday on charges of grand larceny and scheme to defraud after a two-month investigation.
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) – U.S. home prices rose in December at a faster pace than the previous month, likely because of a much smaller number of homes for sale.
NJ Real Estate News: Mack-Cali leases 515K+ sq. ft. in northern, central commercial real estate properties in Q4
Mack-Cali Realty Corp. announced Tuesday it has leased more than 518,000 square feet at different office and flex commercial real estate properties in northern and central New Jersey in its fourth quarter.
A “For Sale” sign pokes out of about 4 feet of snow in the front yard of a home listed in Derry, N.H., Tuesday, Feb. 24, 2015. Real estate agents say purchase closings are being held up because of the heavy snow: Septic system inspectors can’t find.
An open house or a private home showing can become a disaster with one wrong move or one simple mistake. Recently, we published a guide to open house etiquette and asked readers to submit their horror stories.
February 24. 2015 4:48PM
Historic snows causing headaches for New England real estate industry – News – Wicked Local Rehoboth – Rehoboth, MA
Real Estate Agent News: Historic snows making it hard on real estate buyers, sellers and brokers in New England
The storms that have dropped an epic 8 feet of snow are causing grief for the real estate industry.
Some real estate agents have had to cancel nearly a month of weekend open houses because of the poorly timed snowstorms.
JERSEY CITY – How should Port Authority be fixed?
The short answer, all five members of a panel discussing Port Authority reforms at Saint Peter’s University Monday agreed, is with more responsible leadership and greater transparency.
A sign advertising a home for sale peaks from a mound of snow in Marlborough Monday. Real estate agents have found that purchase closings are being held up because of the heavy snowfall in the Boston area.
It’s not just Uber. If you are engaged in a consumer-driven industry, then disruption is part of your world — and that includes the real estate industry.
What other cues should we take from disruptive technologies and business models? If there is one business model that is ripe for being disrupted, it’s the traditional real estate brokerage:
The first event new NAIOP NJ president Clark F. Machemer oversees will be a workforce and transporation symposium featuring state Senate President Stephen Sweeney on March 4 in Woodbridge.
Diamond Nation of Flemington, N.J., signed a real estate purchase agreement in October 2013 to buy the museum land but has not completed the transaction.
NJ Real Estate News: Former NFL Athlete Brings Team and Whole Fitness Concept to New Jersey Fitness Facility
Construction has started on a 120,000-square-foot health and wellness center in Bordentown, NJ—the centerpiece of a 32.7-acre total health and wellness real estate development spearheaded by former NFL receiver Kevin Johnson.
Adonae Faris, president of the Tehachapi Area Association of Realtors is optimistic about the current state of Tehachapi’s real estate market. Photo by Matt Martz/Tehachapi News.
By JOSH BOAK
AP Economics Writer
WASHINGTON (AP) – Sales of new U.S. homes were basically flat in January, evidence that recent job gains and relatively low mortgage rates have yet to spur the real estate market.
It’s that time of year.
Sick of the snow and ice and cold, we’re ready for some sandy toes and warm sun. For many New Jerseyans, that means renting a place at the Shore this summer.
Just like Skynet in the movie “Terminator 3: Rise of the Machines,” rebate real estate brokerages seem to be taking over the planet. Love or hate them, they are here — probably here to stay.
Public defends Madera Unified Superintendent Edward González after scrutinized in meeting
This year’s harsh winter has made it tough for real estate agents trying to plan open houses around the cold and snow, but some agents said this could be the right time for sellers to enter the market.
Six weeks out
Handle any large repairs or upgrades. Pay close attention to the kitchen and bathrooms, which are the two rooms that most sell a house. Our report found that spending about $2,200 on new suite of appliances—the dishwasher, range, and refrigerator—could fetch you an extra $6,000.
The four defendants standing trial on charges tied to a massive scheme to defraud homeowners associations of millions of dollars did it for “greed,” a federal prosecutor told a jury Wednesday.
Weigh foreclosures, short sales in tax appeals, EHT mayor says
Written by Laura Stetser Thursday, February 26, 2015 12:00 amNext >
EGG HARBOR TOWNSHIP – Radical times call for radical ideas.
Gov. Chris Christie has proposed a $33.8 billion State Budget that keeps funding essentially flat for schools, higher education, municipalities and property tax relief programs. But the spending plan will not be adopted as is, because budgets never are.
Credit: Governor’s Office/Tim Larsen
Gov. Chris Christie pitches his proposed budget during a town hall-style meeting in Moorestown on Wednesday.
If there were any doubt Gov. Chris Christie would go on the offensive as he now turns to pitching a new state budget proposal, he put it to rest yesterday during a town hall-style event in Moorestown.
The family home. It’s where the day starts and ends for virtually every member of a credit union.
Your members’ homes are the foundation from which their life grows. When neighbors talk about possible future moves over a back fence, your credit union should be part of that conversation.
Galena Town Council
Posted: Thursday, February 26, 2015 4:30 am
Cellular ProcessesMarch 02, 2015
Princeton, NJ (Scicasts) — Modern biology has attained deep knowledge of how cells work, but the mechanisms by which cellular structures assemble and grow to the right size largely remain a mystery.
The real estate market has always had highs and lows throughout the years. Real estate agents can experience real pressure when trying to buy or sell real estate. One of the ways that can help a real estate agent is to have a strong communications plan in place.
By Martin Bricketto
Law360, Jersey City (March 02, 2015, 5:57 PM ET) — Investors in two bankrupt real estate companies failed Monday to revive claims against other developers over losses on residential and commercial projects, when a New Jersey appellate panel agreed with a lower court that the dispute involved corporate claims that the investors lacked standing to individually pursue.
Ranging from five-course dinners to poolside fashion shows, real estate house parties have become the latest way for agents to show off new listings. Photo: Alexander Ali/Society Group
Inman’s recent special report, “How to deliver technology agents need,” highlights one of the most common challenges faced by the real estate industry: Agents are not taking advantage of the technology that brokers offer to them.
Real Estate Agent News: Important Alert for Commercial Owners/Landlords and Brokers/Agents: Changes to California Dual …
posted on: Monday, March 2, 2015
Effective January 1, 2015, California law requires real estate brokers and agents to provide their clients and prospective clients with specific new disclosures, including (1) an initial disclosure form regarding the nature of agency relationships, which is typically provided at the time a listing agreement is entered into; and (2) an additional disclosure form to be presented in connection with a specific lease or purchase transaction.
It seems like now more than ever people have been talking about whether they want to stay in New Jersey. Is it too expensive to stay, or too good to leave? This morning, we began a series that explores why some people leave New Jersey and why some some decide to stay.
Real Estate Agent News: Boca City Council candidate says he won’t further appeal 2013 fine faced by his law firm
A Boca Raton City Council candidate says he recently decided he won’t further appeal a federal judge’s 2013 ruling that leveled a $44,000 fine against his Cleveland-based law firm.
, Feb. 27, 2015 /PRNewswire-USNewswire/ –??The following is a joint statement of the Hospital Alliance of New Jersey, the New Jersey Council of Teaching Hospitals, the New Jersey Hospital Association, the Catholic Health Care Partnership of New Jers.
Sources of lead poisoning in homes(Photo: U.S. Centers for Disease Control and Prevention)
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New Jersey should fully restore its depleted childhood lead poisoning prevention fund, according to the Mercer County Board of Chosen Freeholders.
Posted Monday, March 2nd 2015 @ 11am by KFBK News – Tim Lantz
A Sacramento realtor could be headed to prison on fraud charges.
WASHINGTON (AP) – The Supreme Court will decide whether a bank discriminated against the wives of two Missouri real estate developers by requiring them to guarantee their husbands’ business loans.
The justices said Monday they will hear an appeal of Valerie Hawkins and Janice Patterson, who claim the bank discriminated against them based on their marital status in violation of the Equal Credit Opportunity Act.
Tax breaks for real estate agents are dependent on the number of hours spent on the job.(Photo: Getty Images/iStockphoto)
Hey, Dan “The Tax Man”: I am a part-time Realtor and someone told me that I can deduct all of the losses on my rental properties because I am involved in the real estate business.
NEWARK — The unexpected death of historian Clement Price, one of Rutgers-Newark’s most beloved professors, has led to a flood of donations to the state university in his memory, school officials said.
A man shot to death while being shown a house by a real estate agent has been identified as Kenol Jean, 51, of Pompano Beach.
lRelated Broward NewsKenol JeanSee all related
Joe Gentile is an attorney at Federal Title & Escrow. He has practiced real estate law in the D.C. metro area since 2000.
If you’re like most homebuyers, the topic of title insurance rarely (if ever) appears on your radar.
Raleigh slowly returns to life after two weeks of winter weather
Some of the area’s largest cities and most experienced mayors will see contested races May 9. Filing for available city council and school board seats closed Friday.
Arlington Mayor Robert Cluck will face a crowded field as he seeks a seventh term.
Princeton News: Princeton University Accelerator-Backed Social Network “Friendsy” Launches Nationwide
PRINCETON, N.J., March 2, 2015 /PRNewswire/ –“I think I just met my soulmate through Friendsy!!! I wish you all similar success,” wrote an undergraduate at Macalester College.
Friendsy is a new social network for only college students that registered 25,000 users and 200,000 mutual matches in tests on 40 campuses.
Princeton News: 2015 Ivy League Men’s Championships Day 2: Columbia’s Jakl Gets 100 Fly/Back Double …
2015 Ivy League Men’s Swimming & Diving ChampionshipsDates: Thursday, February 26 – Saturday, February 28, 2015; prelims 11am, finals 6pmLocation: DeNunzio Pool, Princeton, New Jersey (Eastern Time Zone)Defending Champions: Harvard (results)Live Results: AvailableLive Video: AvailableChampionship Central
Day Two of the 2015 Ivy League men’s championships was about as exciting a meet as they come, with four conference records going down out of eight events swum.
Q. I’ve read your column for years — now it’s my turn to ask for guidance. I will be putting my house on the market in the near future (I hope).
PRINCETON, N.J. — Blake Dietrick scored 18 points, Annie Tarakchian added 16, and No. 14 Princeton remained the only unbeaten Division I women’s group and created Courtney Banghart the winningest coach in college history with a 67-49 win more than Yale on Friday.
Meskwaki poet and tribal member, Ray Young Bear, has been invited to the Princeton Poetry Festival in Princeton, N. J. on March 13 and 14. The biennial event has a line up of internationally acclaimed poets who will read from their work and take part in a panel discussion entitled “The Place of Poetry.
Tracey Barrett Real Estate Columnist
As a realtor I am asked whether or not a homeowner should remodel, renovate and what the value is for various projects. As I was contemplating this very subject my friend, Virginia Steele, architect and owner of August Architecture, emailed me her latest e-newsletter.
Property Taxes News: Should the State Offload Teacher Retirement Benefits Onto Local School Districts?
Credit: Governor’s Office/Tim Larsen
In New Jersey, school districts pay the salaries of their teachers, but it’s the state that picks up the costs of their retirements. Cities and towns, meanwhile, cover their employees’ salaries as well as their retirement costs.
Bill Sikes/AP file photoLow interest rates and a stronger job market continue to fuel growth in housing. While the number of national home sales declined slightly in 2014 (3 percent) to 4.93 million, home prices have continued to rise.
Real Estate Agent News: West Michigan developer indicted in $8 million real mortgage ‘stacking’ fraud
Charles GahanVolusia County Corrections
GRAND RAPIDS, MI – The FBI arrested a West Michigan real estate developer for his alleged role in an $8 million mortgage scheme.
Charles Patrick Gahan, 51, is indicted on a charge of conspiracy to commit wire fraud affecting financial institutions.
Published: Monday, 3/2/2015
Fixer-uppers go private, strengthen neighborhoods
BY MARK REITERBLADE STAFF WRITER
Leitha and Dick Sackmann show the kitchen they had renovated in the South Detroit Avenue house that they purchased from the Lucas County Land Bank.
Jack McCabe sees trouble in paradise. He’s seen it before.
Years ago, McCabe became something of a media darling for his very early warnings that the torrid Florida real estate market was going to boil over and burn everybody, even consumers and investors who had never set foot in the state, in one way or another.
By Michele S. Byers
New Jersey Conservation Foundation
The transformation of the Hackensack Meadowlands over the past 45 years – from a polluted dumping ground and butt of countless jokes to a birdwatcher’s paradise, eco-tourism destination and top-flight sports complex – is a Jersey miracle.
A former high ranking official at Princeton University is the new chair of the Princeton Area Community Foundation Board of Trustees,according to the foundation’s website.
Carol P. Herring takes over the reigns from David R.
Real Estate Agent News: 3 Ways To Tell First-Time Home Buyers Are Compatible With Their Real Estate Agent
The Federal Savings Bank offers prospective home buyers a few tips on selecting the correct agent for them.
Chicago, IL (PRWEB) March 01, 2015
The luxury Hilltop apartments will generate more than $663,000 in revenue for Verona in 2015.
Town trucks plow school lots. Town lawnmowers cut school grass. At the Town Council meeting on February 17, Town Manager Joe Martin claimed that the municipal government does $100,000 in work on behalf of Verona public schools each year that it does not bill to the Board of Education.
Location, ST | website.com
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don smith/staff photographer
Describing herself as a true Jersey girl, Paramus native Jessica Chin felt comfortable moving from a Manhattan studio rental to an Edgewater condo.
Not only did this move allow Chin to realize her goal of owning a home before age 30, but it brought her close to a Hudson River community she knew from her childhood, now a destination for waterfront luxury living, shopping and entertainment on Hudson River’s Gold Coast.
There were nine car accidents in two and a half hours on Sunday, according to Princeton Police. There were no serious accidents, police said.
There were also numerous motorist assists as snow continued to fall across the region and ice began to become a problem.
Princeton News: 2015 College Squash Individual Championships: Holleran, Molloy, and Consolation Finals
Princeton, NJ — Alexandra Toth of Princeton and Andrew McGuinness of Navy won the B Division finals.
Holleran Cup (Women’s B Division): Princeton’s Alexandra Toth made the hometown fans proud with her performance in the Holleran Cup final.
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Source: New Jersey Department of Community Affairs
TRENTON — Gov. Chris Christie put overhauling New Jersey’s debt-laden public pension system at the heart of his state budget address this week. But there was one area he did not mention: property taxes.
WASHINGTON — The Millennial generation, those born between 1980 and the late 1990s, are overtaking baby boomers buying the most homes. The real estate website Zillow predicts that Millennials will, for the first time, buy more homes this year than those bought by members of the baby boom generation.
As a home buyer or seller, do you really understand real estate commissions? Do you know how much a real estate agent who lists a house for sale typically gets? Equally important, how much the agent who brings you in as a buyer gets paid — in other words, how the total commission pie gets sliced up?
The United States might be the “land of the free,” but some states are clearly freer than others. Based on a new national ranking, New Yorkers have the worst claim to the benefits of a free society.
Princeton News: 2015 Ivy League Men’s Championships: Princeton’s Relay Sweep Contributes to 6th Title in 7 Years
2015 Ivy League Men’s Swimming & Diving ChampionshipsDates: Thursday, February 26 – Saturday, February 28, 2015; prelims 11am, finals 6pmLocation: DeNunzio Pool, Princeton, New Jersey (Eastern Time Zone)Defending Champions: Harvard (results)Complete ResultsLive Video: AvailableChampionship Central
The third and final day of the 2015 Ivy League men’s championship was full of surprises, but the one constant we have seen since the beginning of the meet remained: Princeton’s resolve to bring the team trophy back to New Jersey.
Alan J. Heavens, Inquirer Real Estate Columnist Posted: Sunday, March 1, 2015, 3:00 AM
Real estate agents keep telling me that today’s home-buyer is better educated and informed because of the Internet.
With spring up ahead, many people living in cramped apartments are yearning for a house with a yard.
“For many renters at this time of year, homeownership sounds like nirvana,” says Tom Early, a consumer advocate who was twice president of the National Association of Exclusive Buyer Agents (naeba.org).
Q. We purchased our dream house last month. When we first visited the house, the family room had a beautiful pair of what we presumed were built in bookshelves on either side of the fireplace.
Every year at about this time, people start asking us, “What should I do to get my house ready for sale?” In fact, we often find ourselves visiting a number of homes for a quick walk-through to help homeowners identify what needs attention and what doesn’t.
WASHINGTON — As a homebuyer or a seller, do you really understand real-estate commissions? Do you know how much a real-estate agent who lists a house for sale typically gets? Equally important, how much the agent who brings you in as a buyer gets paid — in other words, how the total commission pie gets sliced up?
Real Estate Agent News: Million-dollar mansion club in New Orleans is booming, and a few key reasons might explain why
Eleanor Farnsworth specializes in high-end real estate.
She represents the buyers and sellers of homes in some of the ritziest parts of the New Orleans area.
But even she is surprised by the current market for upper-echelon homes.
Do you think your house is unsellable due to its location? Highly rated real estate agents on Angie’s List explain how to sell a house, even in the most undesirable spot.
Ann Hoke(Photo: GNS)
Friends and acquaintances are asking about the real estate market. Is it up? Down? Recovering? How high will it go? You get the idea.
Buying a home is the biggest financial investment most people experience. When you are ready to sell your property, your first instinct is likely to search for a real estate agent, but while a real estate agent can help in many ways, this isn’t always necessary.
Much-maligned pink-tile bathrooms are acquiring some champions of the style popular in the 1950s and ’60s.(Photo: Don Smith/The Record/TNS)
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When Stacey Lopis’ friends see the bathroom in her 1960-vintage Hawthorne ranch, they all say the same thing: “You have to get rid of the pink tile.
SWARTHMORE, Pa. (AP) – Princeton University’s dean is leaving to become president of Swarthmore College.
Swarthmore officials announced Saturday that Valerie Smith will begin leading the small liberal arts school near Philadelphia on July 1.
Jon Brophy and his wife, Kate, were feeling the pull of the suburbs last summer.
“We came down from Maine together, lived in Brighton for seven to eight years, dated, got married one and a half years ago,” Jon recalled recently.
Real Estate Agent News: The closing costs: What it takes to please New York City’s elite real estate buyers
In a city where a 300-square-foot studio can go for $300,000 and 15,400-square-foot penthouse for $118 million, Lecole has sold everything from a $350,000 apartment in Chelsea to a $20 million townhouse in the West Village.
SPARTANBURG, SC (FOX Carolina) –
Imagine taking a tour of a home, signing a lease, even putting down a security deposit and never receiving the keys.
The Spartanburg Police Department has received a number of reports about a possible real estate scam.
Selling a home can be a time-consuming process, but as any real estate professional can attest, making sure the space can be seen at all times—and ensuring agents have a way to enter—are two crucial ingredients that can ultimately go a long way toward helping the home sell faster.
Andrew Appel, chair of Princeton University’s computer science department, discusses mathematician Alan Turing’s legacy. Turing earned his PhD from Princeton in 1938. (Princeton University School of Engineering and Applied Science)
The 2014 winter season has been very hard on the real estate market of South Jersey. Record high levels of snow have forced many prospective buyers to cancel trips to see houses. Though snow hasn’t been the only factor behind the lag. New Jersey’s job growth rate has been below the national average, and mortgage […]
Princeton Area Home Values Increase. Princeton saw the average home sell at $933,122 – a $76,254 increase from 2012’s average.
The Greater Princeton Area housing continues to expand. The Regional Planning Board of Princeton approved the site plan on April 12. In June, work at the approximately 16-acre site will begin with environmental abatement and will continue through the summer and fall with the razing of the two existing buildings. The complex is expected to be completed […]
According to National Association of Realtors: According to Housing affordability conditions have reached the highest since recordkeeping in 1970. NAR’s Housing Affordability rose to a record high 206. 1 in January 2012, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the […]
Mercer County Property Value Enhancer Project By 2014 or so, y0u will not be able to recognize the 900-foot section of Route 1 in Lawrenceville, New Jersey. From Bakers Basin Road to the Ford Lincoln dealership farther south, it is proposed to raze all of the buildings along Route 1 and bring in a Wawa gas […]
There are new rules and federal guidelines on short sales in New Jersey. Basically: If your loan is owned or securitized by either of the dominant conventional mortgage market players — Fannie Mae or Freddie Mac — you can expect a response within 30 business days, with a final decision taking no more than 60 […]
The number of tax appeals in New Jersey has increased dramatically in the past five years, according to the taxation division’s data. Last year, the state logged nearly four times the number of appeals as it did in 2007, hitting its highest mark in almost 20 years. Tax attorneys and municipal officials believe that this […]
The biggest change is the introduction of a new reverse mortgage, the Home Equity Conversion Mortgage Saver option, or HECM Saver. It has a cheaper upfront mortgage insurance premium, or MIP, compared with the traditional HECM reverse mortgage, now known as the standard option. Mortgage insurance protects lenders from loan losses, though borrowers pay the […]
Get your home sold faster in NJ.
Short sales can be frustrating.
WEST WINDSOR “” Mayor Shing-Fu Hsueh updated residents on the environment, he said the township has been working to include sustainability initiatives as part of its master-planning process.
Although prices are down, the number of sales rose during the quarter, boosted by the first-time buyers’ tax credit. Sales of condos, coops and single-family homes rose 5.9 percent nationwide, to an annual rate of 5.3 million. In New Jersey, the number of sales rose 8.5 percent, to an annual rate of 122,800. Both rates […]
The 2009 first-time buyers’ credit will add between 200,000 and 400,000 new sales that would not have taken place without the credit. Only 70 percent of existing buyers qualify for the new credit because of residency restrictions, according to a Goldman Sachs study, and many believe the only change in the first-time buyer credit, raising […]