Press Releases

Weichert Receives Corporate Partnership Award from Morris Habitat for Humanity

MORRIS PLAINS, N.J. - March 8, 2010 - (RealEstateRama) — The Weichert Family of Companies was recently honored by Morris Habitat for Humanity with its Corporate Partnership Award.

Four Hunterdon County farms to be sold at auction

Westfield, MA - January 29, 2010 - (RealEstateRama) — Four preserved farms in New Jersey ranging in size from 29 to 84 acres will be sold at auction next month. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled an auction at 1 p.m. on Feb. 26 at the Readington Municipal Building, 599 Route 523, Whitehouse Station, N.J.

URBAN WORD, LLC BREAKS GROUND ON ‘STERLING BUILDING’ RENOVATION

Trenton, NJ - January 26, 2010 - (RealEstateRama) — Tuesday, January 19, 2010 – Urban Word, LLC and its development partners, Trenton Makes, Inc. and WSP Associates, LLC will hold a groundbreaking ceremony on January 27th at Noon to mark the renovation of the Sterling Building at 811 South Broad Street. The project is a mixed-use redevelopment project attempting to achieve LEED Certification.

10 Real Estate Facts for 2010

Edison, NJ - January 15, 2010 - (RealEstateRama) — The turn of a new year comes with both question and promise regarding New Jersey real estate.

2009 Survey Shows First-Time Buyers Active in Market

Edison, NJ - December 21, 2009 - (RealEstateRama) — According to the 2009 Profile of New Jersey Home Buyers and Sellers, first-time buyers account for a larger portion of the housing market than in previous years, largely due to the impact of the federal home buyer tax credit.

Weichert Sees Expanded Tax Credit As a Final Step to a Healthy Market

MORRIS PLAINS, N.J. - November 10, 2009 - (RealEstateRama) — Nearly two years ago, James M. Weichert, president and founder of Weichert, Realtors, began calling upon Congress for a homebuyer tax credit that he felt would help repair the struggling national economy.

NJAR® Releases Statement Regarding 3rd Quarter Home Sales Report

Edison, NJ - November 10, 2009 - (RealEstateRama) — Reacting to the NATIONAL ASSOCIATION OF REALTORS®’ (NAR) 2009 Third Quarter Metro Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, today issued the following statement:

Four New Jersey farms to be sold at auction

Four preserved farms in New Jersey totaling nearly 400 acres will be sold in three separate auctions in the next two months. November 9, 2009 - (RealEstateRama) — Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auctions for Nov. 19 in Colts Neck, Dec. 3 in Hamilton and Dec. 10 in Pittstown, Hunterdon County

Dividend Capital Total Realty Trust Acquires Office Property In Princeton, NJ

Denver, CO - November 3, 2009 - (RealEstateRama) — Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ — centrally located between New York City and Philadelphia.

Time is Running Out to Take Advantage of the $8,000 First-Time Buyers Tax Credit

MORRIS PLAINS, N.J. - August 17, 2009 - (RealEstateRama) — Since Congress passed the American Recovery and Reinvestment Act earlier this year, many have seized the opportunity offered by the $8,000 tax credit for first-time home buyers. When you factor in today’s historically-low interest rates and housing affordability with the financial incentive from the government, it’s easy to see why so many first time buyers have taken advantage of this chance to realize their dream of homeownership.

NJAR® Reacts to 2nd Quarter Home Sales Report

Edison, NJ - August 12, 2009 - (RealEstateRama) — Reacting to the NATIONAL ASSOCIATION OF REALTORS®’ (NAR) 2009 Second Quarter Metropolitan Statistical Area (MSA) Home Prices/State Resales report, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE, noted that first-time buyers are the key to successful recovery of the New Jersey real estate market.According to Grasso, “the home price data signifies an unprecedented opportunity for home purchasers, particularly first-time buyers. Single family homes, apartment and condominium units are more affordable now than they have been in years.”

Affordability in Real Estate Market Creates Opportunities for Many

Edison, NJ - July 7, 2009 - (RealEstateRama) — Housing affordability is higher in New Jersey than it has been in years, and buyers are taking advantage.

NJAR® Accepting Good Neighbor Award Nominations

Edison, NJ - June 30, 2009 - (RealEstateRama) - The New Jersey Association of REALTORS® (NJAR®) is currently seeking nominations of REALTORS® who have acted as “good neighbors” through their dedication to community service.

State Officials and REALTOR® Group Discuss Fixes for N.J. Real Estate Market

Trenton, NJ - June 23, 2009 - (RealEstateRama) - Officials from the New Jersey Department of Community Affairs (DCA) and the New Jersey Association of REALTORS® (NJAR®) today said the state has enormously important housing incentives available to first-time home buyers and that the programs are helping to invigorate New Jersey’s housing market.

NJ REALTORS® Take a Closer Look at Homeownership and Rental Affordability

Edison, NJ - June 12, 2009 - (RealEstateRama) – The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today unveiled an online, interactive database prepared by the nationally recognized Center for Housing Policy that compares wages for selected occupations with the costs of owning and renting a home.