Your NJ House Hunter's Blog

My wife asked me the other day, "why are you holding on to this property when it's only bringing in little-to-no dollars a month?" My answer to that was the equity. It's not always about a positive cash-flow. As long as it's paying for itself every month, there's really no need to panic. Luckily ...

If someone were to suspect another of lying, then a lie detector test could be used to verify if they were telling the truth or not. Well now, scientists have a way to detect the love one might have for another. According to an article I read, scientists can perform an MRI on a person's brain, wh...

I tried to school a younger fellow as to why he should wait on that Mercedes E-class and think about buying a house first. He, like a lot of our youth, is caught up in the materialistic hype often portrayed by those entertainers he idolizes. They have to have the designer clothes, the brightest j...

My daughter was home from school last weekend and hit me with this brain teaser. I, for the life of me could not figure this out, but we all had fun trying. Here it goes: 1) you have a 2-story house   2) a light upstairs 3) 3 switches downstairs (one of which controls the light upstairs) 4) you h...

Hello all. Here is some wonderful information I found while surfing the web regarding my home state of NJ. Quite a bit of tidbits I never knew.  The first organized baseball game was played in Hoboken in 1846. The first boardwalk in the world was built in 1870 at Atlantic City. The first copper m...

Bridgewater, NJ market analysis for January 2008Compared to December 2007    January:                                                                   December:Active Listings = 337                                                334            Average LP = $ 559,711                              ...

Plainfield, NJ market analysis for January 2008Compared to December 2007    January:                                                                   December:Active Listings = 377                                                 381                                            Average LP = $ 331,9...

Somerset, NJ market analysis for January 2008Compared to December 2007    January:                                                                   December:Active Listings = 496                                                 508                                            Average LP = $ 412,701...

Somerville, NJ market analysis for January 2008Compared to December 2007    January:                                                                   December:Active Listings = 60                                                   58                                                                ...

I recently read a blog about not being afraid of investing in real estate. I just wanted to briefly share my personal experience in real estate investing.  I had read a bunch of books on the subject, went to a few seminars, and almost paid about $8,000 for a mentor-ship program to get me started....