Michael's Blog

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Real Estate Sales Representative - Coldwell Banker Residential Brokerage
RECENT BLOG POSTS
Just Listed - Beautiful Summit, NJ Home I just listed this desirable three bedroom multi-family home in Summit for rent.    It is located one block from a tranquil lake and park and backs to woods. It is also in walking distance to the bus stop for commuters into the city. The home offers hardwoo...
10/24/2008
"My Home Won't Sell Because the Economy is Bad Right Now!!!" Anyone in the real estate market who has recently spoken with a seller has probably heard those words. Some Realtors may even agree with their seller because more then likely the agent doesn't know any better. I am not one of those Real...
10/22/2008
Summit NJ Sold Homes - March 2008 Summit, NJ's real estate market offers a wide variety of homes for every price range. Where else can a first time buyer be able to afford buying into a town filled with multi-million dollar homes of distinction? It is this variety that allowed Summit, NJ to becom...
09/09/2008
Summit NJ Sold Homes - February 2008 You will notice that Summit, NJ's real estate market offers a wide variety of homes for every price range. Where else can a first time buyer be able to afford buying into a town filled with multi-million dollar homes of distinction? It is this variety that all...
09/09/2008
Buying a Home?  Good, Now You Can Afford More When the US Treasury announced late Friday that it was taking over Fannie Mae & Freddie Mac, most of us figured that it would have a positive effect on mortgage rates. It sure has...and quickly! Below is an example of Wells Fargo rate changes from las...
09/08/2008
Real Estate and Politics - How the Game is Played Realtors like politicians are faced with limitless possibility. I realize limitless may seem extreme, yet what other career fields can offer a one time soccer mom the ability to grow a multi-million dollar business in a few years time. No disrespe...
09/04/2008
What is it about Summit, NJ that makes it so desirable?If you are asking this question, then you probably do not live in Summit.Summit, New Jersey is far from a cookie cutter town. It consists of remarkable architecture, beautiful landscapes, and old world charm with historical relevance. Althoug...
03/19/2008
Recent Quotes about the Positive Signs in the Real Estate Market:The Time is Right for First-Time HomebuyersGenerally, homes are becoming more affordable, and mortgage rates -- though somewhat volatile over recent weeks -- are still relatively low. "This is one of the best times that a first-time...
03/18/2008
Are you buying a home? You should be aware of interest rates and how they impact your buying power. If you are banking on these rates and they rise you may not be able to afford the home you have been waiting for. As a full time real estate professional with Burgdorff ERA, I am regularly educated...
03/10/2008
Recent Quotes about the Positive Signs in the Real Estate Market:President Bush Signs Economic Stimulus Bill; Raises Loan LimitsHomeowners and buyers in such high-cost states as California, New York and Florida will get an extra break from the federal stimulus package: lower interest rates for so...
03/06/2008
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MichaelPennisi

Summit, NJ Broker Associate
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