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
We have all had our experiences, this is not far off of many. Buying Bank owned or short sales is an interesting part of the real estate business these days. I often think that the same effort that was taken to make the loans, should be extended to get out of them. See my new homes for sale at Be...
10/24/2009
Franklin Lakes new manor home, over 12,000 square feet of living space. Custom hand made kitchen and vanities, detailed trim, home theater, stand out finishes. Brick and pre-cast exterior, with exquisite detail. An amazing home offered at $3,850,000. See more of our new homes for sale at Bergen C...
10/24/2009
Rivervale new home under contract, built and marketed by Richard Stabile. This new home features beautiful views of the Rockland Mountains and Lake Tappan in the winter. A 5 bedroom 4.5 bath home, featuring many custom cabinets made and finished in the house. A spectaular two story foyer and grea...
10/18/2009
Almost New Home in Upper Saddle River, Bergen County, New Jersey This is truly the best of them all. Upper Saddle River Home for sale. It is 5 years young and about 11,000 sq ft of living space. Priced at $3,499,900, there is little to compare to this builders own home. A masterpiece of art and ...
09/21/2009
Upper Saddle River homes sales have lagged the market. The boom years created a large inventory of new high priced homes. These homes are dropping in price and pushing down on the inventory below them. This leave little distinction in home prices between a 4500 sq ft to a 8000 sq ft new home. I h...
07/19/2009
Cherry Brook Estates River Vale, Bergen County New Jersey, by Pascack Hills Properties LLC, Richard Stabile Developer/Builder/Realtor has closed another new home. This 3641 square foot home feature a 2 story Great room with fireplace, 2nd stair case and a 2 story foyer. The Home also featured a s...
07/09/2009
Saddle River Real Estate, single family home sales decline for the 2nd quarter of 2009. The high priced market is still lagging the med and lower ranges. The lack of good high end financing is probably the cause of the lag. Saddle River is a community of large lot zoning with estate size homes. O...
07/09/2009
Bergen County Homes sales under contract in the NJMLS have hit a 24 month high. Junes 669 contracts is the high month back to May 2007. This is encouraging, as home price declines, favorable available mortgages, pent up demand have help move some inventory. The hope is that prices stabilize and a...
07/02/2009
Woodcliff lake New Jersey real estate sales for May 2009, shows the best sales volume since October 2008. The market shows signs of firming at lower prices. Lower prices, pent up demand, low interest rates and renewed credit availability have help bring in buyers to the market. With 8 pending sal...
06/09/2009
Glen Estates, 11 Dimino Ct. in Woodcliff Lake Bergen County, New Jersey has only 2 homes left to be built and sold. This was the 4th home completed.  A almost 5000 sq. ft. 4/5 bedroom 5.5 bath home on just over a half acre lot. Sold and closed this home is another special design and finish by Ric...
05/30/2009