Rockland County Real Estate

Should your clients wait another year, given that a lot of industry observers think prices will continue to decline through 2009?  Again, it depends.  Spending another year living with your mother in law in the hopes of shaving a few dollars off your mortgage payment doesn’t appeal to everyone.  ...

When you are asked those tricky questions that you are forbidden from answering.  I send my clients to Zip Skinny.  It gives them "The Skinny" on a wide variety on statistics.  I just write it down for them and tell them to look for themselves. Give it a whirl.  Have a great day. If you are looki...

    The Treasury Department released its plans this week to address instability in the housing market by providing relief to certain homeowners who might be having difficulty with their mortgage payments.  The government announced two separate types of programs -- (1) a Refinance Program, and (2...

  The Treasury Department released their plan to provide relief to homeowners this week, and I wanted to give you the highlights. The program is called Making Home Affordable, and it has two key provisions: 1. The Home Affordable Refinance: This is available only to homeowners who have a solid p...

Subject: Letter to IRS  Dear  IRS, I am sorry to inform you that I will not be able to pay taxes owed  April 15, but all is not lost. I HAVE paid these taxes: accounts  receivable tax, building permit tax, CDL tax, cigarette tax, corporate income  tax, dog licence tax, federal income tax, unemplo...

    You have one more month to "Make Your Move."Prudential Rand's "Make Your Move" program is simple: if you buy a home through a Prudential Rand agent between now and March 31, 2009, and that home goes down in value by the time you sell it, we will re-list it for free.  That's it. The fine prin...

  The Case Shiller 20 City Home Price Index came out this week, and spurred the usual global media frenzy that the American housing market is imploding. The index showed an 18.5% decline in home prices in the 4th quarter, but the real number, according to the 160 city indexes measured by Zillow ...

    I saw an interesting article today in the NY Post about the "foreclosure five" -- Nevada, California, Arizona, Michigan, and Florida -- and about how they drive the attention to the "national" real estate market.  I've made the same point a number of times in this space (to the extent that I...

The New Make Your Move Program   This weekend, Prudential Rand Realty is launching a new program called "Make Your Move."  The program is simple: if you buy a home through a Prudential Rand agent between now and March 31, 2009, and that home goes down in value by the time you sell it, we will re...

Well, now the stimulus package has been passed.  Will it work?  This remains to be seen.  I am not so sure that it is the best thing for us to do but, hey it is what it is now.  One of the good things, I think, to be included in that package is the $8000 tax credit.  If there has been some confus...