Barclay Farm (Cherry Hill, NJ)
By Alan Orman, www.JustListedinCherryHill.com
(Cherry Hill and South Jersey Realtor, RE/MAX Main St. Realty)
  View all Barclay Farms Homes for Sale.   In an ongoing effort to be local in scope, I will include various local neighborhoods' currrent active homes for sale.  With many Buyers focusing on not just an area or township, but a particular neighborhood or development, I hope to provide you with useful targeted information.  If you have a chance check out the latest market insider information as well.  It contains neighborhood and School information so important to making the right real estate decisions. Located in Cherry Hill Twp. is the neighborhood of Barclay Farms.  Located with easy access to Route 70 and Route 295, these affordable homes and neighborhood are right out of a Norman Rockwell painting.  Enjoy award winning schools.  To see all current actives, some as low as $164,900 se...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
I am extremely excited to announce that the Jeff Onofrio who is the  Director of Renovation Lending from Annie Mac Home Mortgage,is on board with us to be a featured contributor. As a nationally known 203k renovation loan expert, Jeff will be able to provide insights to our local customers about a loan product that is under utilized and has endless potential. Jeff is a Southern New Jersey resident, Jeff knows the local market and is available to not only help customers but realtors as well. In creating this site, I was hoping to be able to keep our readers well informed of all of the available loan options. Jeff Onofrio will be able to show you how you can take advantage of the 203k product in several different ways. The current housing market has left an abundance of distressed sales (...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
Mortgage rates are falling, falling, falling. On a wave of uncertainty about Greece and its debt; and weaker-than-expected economic data at home, conforming 30-year fixed rate mortgage rates have fallen to levels not seen since December 2, 2010. Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic. The 30-year fixed rate mortgage now averages 4.49% nationally, down 42 basis points, or 0.42%, since early-April. For every $100,000 borrowed, that equates to a monthly savings of $25.24. Adjustable-rate mortgages have shed even more, giving back 50 basis points since the streak began. Because of low rates, it’s an excellent time to buy or refinance a home relative to just a few weeks ago. Note, thoug...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
Single-family housing starts dropped by 21,000 units in April on a seasonally-adjusted annual basis. The Housing Starts report measures the number of homes on which new construction "broke ground". It's tracked by the U.S. Department of Commerce which releases new data monthly. Single-family housing starts fell 5 percent as compared to March 2011, and 30 percent as compared to April one year ago.  The figures were worse than what Wall Street expected. For just the second time in 2 years, monthly single-family housing starts dropped below 400,000 units. In addition, single-family Building Permits fell in April as well, shedding 2 percent from March. A building permit is a local government's approval to start home construction and when permits are down, new construction follows. This is b...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
Foreclosure activity continues to drop nationwide. Based on data from foreclosure-tracking firm RealtyTrac, foreclosure filings nationwide fell below 220,000 in April 2011, a 9 percent decrease from March. A "foreclosure filing" is defined as any foreclosure-related action including Notice of Default, Scheduled Auction, or Bank Repossession. April marks the seventh straight month in which foreclosure filings have dropped and total filings are down more than one-third year-over-year. One reason why filings are down is that banks are letting more time pass between delinquency and foreclosure, exploring alternative courses of actions such as short sales and loan modifications. It now takes, on average, 400 days from an initial default notice to bank repossession. That's more than double th...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
A major thing to consider these days before starting your next home improvement project is if the cost to do the work will be reflected in your homes value. This is even a more important if you think you may be listing your home for sale in the near future. Who is doing the actual work? A major expense in a home improvement project is the labor cost. If you are doing all or the majority of the work,You are more likely to have a project that adds more value than cost to your home. Is your home dated? The kitchen and bath area's are the quickest way to make your home look more modern and will absolutely help your home sell. It is possible to not get a full return on your investment here but updating these areas will help your home sell faster. Finish the unfinished. A great way to add val...
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By Jamie Russen, 100% Financing Specialist
(Jamie Russen - Greentree Mortgage)
  With housing prices down across the country, there are a lot of homeowners barely breaking even on their respective home sales. Some are even losing money. You may find yourself in that position, too; wanting to sell, but worried about bringing cash to your own closing. It creates an interesting dilemma. You want your home to "show nicely" relative to comparable properties, but you don't want to invest big dollars that may never be recouped into upgrades or renovations. So what do you do? The answer is simple. Do the bare minimum. From an advice piece in the Wall Street Journal, we learn of 10 basic home improvement projects that will help your home have better showings. The advice requires almost no technical skills, and the projects be tackled in a weekend. The theme? Hand...
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Cherry Hill, NJ Real Estate Professionals