I read, that in a survey of senior loan managers, they had tighten credit over the past 3 month period. For nearly a decade, while prices push higher by loose credit standards, it was ok to give money away for any credit, for any high price real estate that moved decisively away from the trend li
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05/09/2009
The Record, North Jersey Newspaper quotes Richard Stabile in an article on real estate market conditions, written By Kathleen Lynn and Dave Sheingold. A frequent contributor to the media for real estate matters, Richard has written extensively, on the psychology and conditions of the real estate
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05/04/2009
View all the NJMLS listings for IDX by participating brokers with one click for the towns below. Allendale Real Estate Alpine Real Estate Closter Real Estate Cresskill Real Estate Demarest Real Estate Edgewater Real Estate Emerson Real Estate Englewood Real Estate Englew
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04/26/2009
Real Estate Markets: It seems that all the speculative areas are hot and selling strong, foreclosures, reo's and the like. Southern California, Nevada, Arizona and Florida among other areas, are setting home sales records. The areas that were less speculative in the boom are making a lazy bottom
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04/20/2009
Alpine, Bergen County New Jersey quarterly sales report shows zero NJMLS sales in the first quarter. Alpine being a small town of luxury homes, it is unusual but not dreadfully. Alpine sales volume peaked in the 1st quarter of 2006. Last recorded median sale price was approx. three million dollar
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04/20/2009
This afternoon I was in Manhattan with my wife. We were walking on 5th avenue. I was doing an email while I was walking and my wife nudged me and said look up, there is Paul McCartney. Well, I look up and he was right in front of me. We both stopped, reach out our hands, stood about 12" apart and
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04/03/2009
Last up date we said Well, we hoped we got a bottom and a sharp rally. Now we are ready to start selling, we own 3 SPH09 or ESH09 we will sell all 3 at 755. We will revisit this, when this trade is done. Currently: We have been flat, I didn't go back in and got out early, I was concerned about on
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03/30/2009
I have been writing about the market for months saying we are bottoming. What we needed was a price and interest rate line to cross, along with plenty of mortgage money. Well, it looks like we are there and past through the bottom, over the winter here. Let's look at why. 1. Many markets like Sou
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03/23/2009
The Record, our North Jersey News paper quoted myself and other brokers on market conditions. There front page story, REAL ESTATE SUFFERS WORST YEAR IN DECADES- Where's the bottom? printed Sunday March 22, 2008. The article can be seen in it's entirety electronically at Where's the bottom? To g
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03/22/2009
Last up date we said "The 5th wave is ending, and there is a bottom at hand. We are now long 3 units of SPH09 or ESH09.There could be some more wash out, and then I figure a quick sharp rally. Never the less we are long!" Well we hoped we got a bottom and a sharp rally. Now we are ready to start
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03/12/2009
