Real Estate Market Timing,Psychology and Analysis

By
Real Estate Agent - Re/Max Real Estate Limited
A commentary and analysis on market psychology and timing. I was a Remax owner for 27 years and selling real estate for over 35 years, I have followed the markets closely. Along with Elliott wave theory and various indicators I have called the top in 1987 and the bottom in 1991/92 along with the top in 2005. I successfully predicted a bottom in 2009 in our local Bergen County New Jersey markets along with ideas on our national markets.
RECENT BLOG POSTS
Many years ago I sold my own house in the late 80's market by a lease purchase. It was a tough market with the savings and loan crisis. The idea is to get a deposit on the purchase up front and lease payments, basically rent over a period. In many cases some rent will be applied to the purchase p...
10/05/2010
  Another new home sold and closed in Old Tappan by team member Antoinette Gangi. With some interior design help from Richard, this home was sold while being constructed.  Antoinette is a high energy Realtor in our new home team. Located at 159 Birchwood Rd. in Old Tappan, this new 4874 sq ft, 5 ...
10/02/2010
It seems that the home buyer tax credit had put a bid in the real estate market this past spring. Most markets since have slow down considerably. Yes, it was spring the strongest season and it pulled many buyers out early, but you can feel the difference in the lower end of the market. If the low...
09/28/2010
Most lots in Saddle River are zoned 2 acres minimum. This lot in on a very prestigious street, is approx. 2.32 acres and sold for $1,800,000. Sold in a Bankruptcy sale, It went to the highest bidder without contingencies. Listed and marketed by Richard Stabile the property is now being ready to b...
09/24/2010
New home under construction in Upper Saddle River, construction management by Richard Stabile. This new green home will have state of the art Geothermal heat, air conditioning and solar electric power. The home will generate more electric power than it uses. The solar power will generate more ele...
09/06/2010
Glen Estates Woodcliff Lake, Bergen County New Jersey. Glen Estates 6 lot sub division, has now been completed. All the new home are sold and closed. This pre-sale contracted 4170 sq ft new home features brick, stucco and Hardi plank exterior with full trim windows and corners. The interior has c...
08/28/2010
River Vale Real Estate, another new home sold at Cherry Brook Estates. Developed, built and market by Richard Stabile. This home is approx 4200 sq ft, with 4/5 bed rooms and 4 bath on just over an acre. There is one more home to be built at Cherry Brook Estates. Above is a custom kitchen with gra...
06/16/2010
I am not sure after hearing all the explanation about Thursday's stock market plunge. No one has come forward and admitted to the bad trade of 16 Billion instead of 16 Million theory. I don't think we needed one bad trade to do this. It seams that the NYSE circuit breakers slow down a fast sellin...
05/09/2010
Haworth home under contract in only days. Listed for $2,099,900 this Haworth home had it all. Listed by team member Antoinette Gangi. See more of our Haworth Real Estate for sale.   View our Haworth New Homes for sale. View our Bergen County new homes Have a market question? I would be glad to he...
05/08/2010
Bergen County Homes under contract at the end of April hit 4 year high. The Graph below shows the market action. In our March 3rd report we showed a declining diagonal triangle along with the breakouts. "Stating the pace had to pick up now". Well it did and it looks like in May and June it could ...
05/07/2010