Articles

Has the New Jersey Commercial Real Estate Maket Finally Hit Bottom?

Parsippany, NJ - April 23, 2009 - (RealEstateRama) — Although the New Jersey commercial real estate market showed signs in the first quarter of 2009 of being at or near bottom, a large inventory of shadow space has the potential to hit the market later this year, which would further increase availability rates and decrease asking rents, according to data released by FirstService Williams, formerly GVA Williams, in its first quarter 2009 market report.

New Jersey REALTORS® Release Annual Profile of New Jersey Home Buyers and Sellers

Edison, NJ - January 29, 2009 - (RealEstateRama) – According to the 2008 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years.

The Realities of Selling a Home in Today’s Market

Edison, NJ - January 27, 2009 - (RealEstateRama) – Preparing a home for sale in today’s market often requires more than just few cosmetic improvements - it requires keeping an open mind about what buyers are looking for, and staying up to date on the local housing market.

Three Reasons New Jersey Home Buyers Can’t Afford to Wait

Edison, NJ - December 9, 2008 - (RealEstateRama) – New Jersey residents might have heard a lot about waiting for the real estate market to “bottom out” lately from real estate speculators and financial pundits, but before deciding to wait on the sidelines, home buyers need to first consider three timely reasons why waiting can end up […]

A Look at Mortgage Options in Today’s Market

Edison, NJ - October 24, 2008 - (RealEstateRama) — Navigating through the often complex process of obtaining a home mortgage can seem to be one of the most daunting parts of buying a home, especially in these challenging economic times. However, New Jersey residents are now proactively evaluating the effect of economic changes, weighing their […]

Property Tax Reform Work Still Needed

This time, last year, the four special joint committees of the Legislature’s historic Special Session for Property Tax Reform were preparing their final reports. They, thereby, set the stage for final action on a number of important bills. The Special Session deserves much credit. The tremendous concentrated efforts of legislators, the Governor and all of […]

Seven Things You Need to Know About Real Estate in New Jersey

Edison, NJ - July 16, 2008 - (RealEstateRama) — New Jersey residents might be surprised to learn that there are many positive aspects about the state’s real estate market. Currently, New Jersey real estate market offers many opportunities, evidenced by areas of positive growth including rising median sales prices in some areas of the state, increasing […]

Young Condo Buyers Taking the Next Step in Luxury Living

—Former Hoboken and Jersey City Renters are Finding Unmatched Value When Buying a Siena Condo in Montclair, NJ—
MONTCLAIR, N. J. (June 9, 2008)—For several years, young renters have been drawn to New Jersey’s Gold Coast because of the unique atmosphere, dynamic nightlife, and easy access to Manhattan. Today, many of these renters blossomed into prospective […]

I’m having a problem with the current mortgage company that is servicing my loan

What can I do?
First, it should be noted that there is currently no regulation of the mortgage loan servicing industry in the State of New Jersey. These matters normally have to be worked out between the consumer and the servicing company. If this cannot be accomplished, either party has civil recourse as the matter would […]

Answering Your Questions about the Homestead Property Tax Credit/Rebate

The past legislative session witnessed an intense but necessary debate concerning New Jersey’s high property taxes. While there were many measures enacted into law which will serve to ease the burden of high taxes on homeowners, the measure which provides the most immediate and direct relief is the Homestead Property Tax Credit/Rebate. This page will […]

Reverse Mortgage for NJ Seniors

The HMFA offers HECM reverse mortgage loans. A HECM loan is an FHA-insured reverse mortgage allowing seniors (62 and over) to access the equity in their home without a monthly repayment schedule for as long as they live in the home. The program assists older homeowners to access money by using the equity in their […]