Milford Borough NJ 08848 Data on Homes for Sale, August 2011 - Hunterdon County Real Estate Market Reports   The inventory of homes for sale in Milford NJ 08848 is really, really low right now!  The graph shows 15 as of the end of July but as of August 20, there are only 11.  Data used in my custom market reports was taken from the GSLMS today.   For a potential seller of a Milford Borough NJ 08848 home, I see this as a wonderful opportunity.  The market is NOT glutted with competition.  There was not the usual increase in home sales over the summer, which means there are probably still potential buyers looking for a place just like yours.   With the right marketing strategy (mine!) and a realistic price, this would be a perfect time to list your Milford home for sale.  Let's talk and I... 08/20/2011

Milford Borough NJ 08848 Data on Homes for Sale, May 2011 - Hunterdon County Real Estate Market Reports   Well, the big flurry of spring activity with Milford NJ 08848 homes for sale hasn't happened.  (Yet?)  Much like surrounding areas, this lovely Hunterdon borough is experiencing a slow sales pace.  The market absorption rate, however, is still just 8.5 months.   Looking to purchase one of Milford NJ's fine homes for sale? Search the MLS for homes for sale in Milford NJ 08848 and we can discuss the ones you like.     You can find all my updates at: Market Snapshot Report - Real Estate Data on Homes for Sale in Hunterdon County NJ.       Copyright © 2011, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.   Considering selling a home or looking to ... 05/04/2011

Holland Township NJ 08848 Data on Homes for Sale, April 2011 - Hunterdon County Real Estate Market Reports While low-priced foreclosure homes for sale and an estate dominated Holland Township NJ 08848 closings during March, the higher priced houses are beginning to move now too!  As of April 23, the GSMLS system reports that the 4 that went Under Contract this month range from asking prices of $344,000 - $549,000.  Despite the huge surge in new listings, the market absorption rate (inventory) as of today is just 7.6 months.  Clear signs of an improving picture, based on my analysis of up-to-date market data! Here is MLS data you may search for Homes for Sale in Holland Township NJ 08848. Then call or text me at 973-493-8216. Let's go take a look! You can find all my updates at: Market S... 04/23/2011

Meet Irene Kennedy, a great Real Estate Agent serving Northwestern NJ - primarily Warren County and Hunterdon County homes for sale   For several new real estate marketing initiatives I've undertaken, it would be great to have a post covering my very favorite topic - myself, the modest Irene Kennedy!  One of the things I hope to show here is that, while I take the business of homes for sale very seriously, I can also inject some appropriate fun into a transaction.  I've categorized some sample posts into topics below.   It was quite an honor for me to become one of the Top 10 NJ real estate professionals who blog.  More important, however, is that my marketing efforts reach a much vaster audience of potential buyers of homes for sale.  When it comes to Internet advertising for real esta... 04/15/2011

Buyer Rebates: Not yet sweeping the nation! SYNERGY MasterMind team response     This challenge is particularly tough because most of the Synergy team are in places where online firms that offer rebates to buyers haven’t yet made their appearance - yet. Although many states changed legislation to permit buyer rebates, so far there has not been much of an impact in some. Our team sees some potential pluses but just has very little experience with this business practice. Our team even discussed passing on this month's challenge.   Gita Bantwal in Pennsylvania has made judicious use of a rebate. She doesn’t advertise it as a business practice because she is – and will remain - a full-service agent. She favors a rebate model based on the time and expertise she invests with her buyers. Sale ... 03/31/2011

Milford Borough NJ 08848 Data on Homes for Sale, March 2011 - Hunterdon County Real Estate Market Reports   I'm eagerly awaiting a burst of spring real estate market activity in Milford NJ!  As of today, March 21, there has been 1 closing on homes for sale this month, so at least the Average Sold Price chart won't look quite as bare next time I update my market report!  One of the Under Contract houses is reportedly closing on the 31st but I make no promises...   We have 16 active homes for sale in Milford.  Some other sellers may join them for the spring market.  I've got a wealth of market data and advertising material to help owners get the most money in the right amount of time.  Call me at 973-493-8216 if you'd like to chat about how I can help get your home into the SOLD category!... 03/21/2011

Holland Township NJ Data on Homes for Sale, March 2011 - Hunterdon County Real Estate Market Reports   As of today, March 21, 2011 the GSMLS indicates there are 32 homes for sale actively listed in Holland Township NJ 08848. The average asking price for these is $375,364.  Take a look at the average SOLD price in February - just $180,250.  Only 3 of Holland's actives are below that number and 2 of them are already in Attorney Review.  Today there are no actives priced between $150K and $250K - a pretty huge gap!   Let's not lose sight, however that the recorded sales last month were unusually low. A few March closings have been too. Clearly, the bargain hunters have been active in Holland Township NJ!   Here is MLS data on active Homes for Sale in Holland Township NJ.  Then call or text... 03/21/2011

A Promise is a Promise. My RainCheck means I owe the Reznikovs a RainDance!   Due to a week's delay in the closing and a long-time commitment I had, I was unable to attend the closing on the lakefront vacation home for sale my "blog buyers" purchased.    My plan had been to video the RainDance at the closing - and make everyone participate.  In addition to being a very, very capable attorney, Marleen Horlacher is also personable so I thought I'd get her in the chorus line too.  Several of my ActiveRain colleagues issued the dreaded "double dog dare" to pull this off.  Yes, I know they will accuse me of engineering the delay to chicken out but it really was a legal issue the sellers had to resolve.  I was sad to miss this important event but couldn't swing it.   Nevertheless, I made a p... 03/17/2011

Appraisal Issues and Recommended Solutions: SYNERGY MasterMind Team to the Rescue!   Traditionally, lenders required Appraisers to fulfill 3 criteria when appraising a home: Comparable sales within 1 mile Within same school district Same style house Today, lenders are requiring the appraisers to find comparable sales that closed within the past six months and sometimes three months. Due to the lack of home sales, appraisers do not have sufficient comparable sales. They are now forced to use comparable sales of different home styles. This is not a true or accurate value of the home in question.   Other Problems with Appraisals   Another issue is in reference to distressed properties, i.e., foreclosures and short sales. Appraisers should not use foreclosed properties in their array of sel... 02/28/2011

Milford Borough NJ 08848 Data on Homes for Sale, January 2011 Hunterdon County Real Estate Market Reports     The GSMLS just released December 2010 statistics on January 5, so I'm hurrying to get my Milford NJ 08848 homes for sale update to you all.  The one home that sold last month went for 90% of the List Price, lower than average List-to-Sale price ratio.  Means some attractive win-win terms were negotiated between the former owner and the happy buyer.     As is typical, there was a drop in the inventory at the turn of the year when many listings expired.  Today, there are just 16 Active Milford NJ homes for sale. Some of those expireds may well relist this month - and if you're a Milford homeowner in this position, let's discuss your options!     Thinking about buying a home in Mil... 01/05/2011

December Challenge - Days 27 - 29 in Northwestern NJ, Irene Kennedy   My area was spared from tons of snow dumped elsewhere in the Northeast. Sure, we got some but nothing that kept us snowbound - or me from being productive in real estate!   12/27 - Worked on my market report graphs, so they'll be ready to roll in early January. Made it to my office by noon and called some leads that were transferred to me; nothing yet promising. Extended one of my listings. Lots of back and forth on a rental issue.   12/28 - Resolved the rental issue and the lease was signed by both parties. Called a few more leads. As one of the few agents in the office yesterday, I picked up a potential buyer of foreclosures. Started cleaning up tags I've used in my posts.   12/29 - Took that buyer to see 2 foreclos... 12/29/2010

  Holland Township NJ Data on Homes for Sale, December 2010 - Hunterdon County Real Estate Market Reports   My market updates for Holland Township NJ are based on statistics from GSMLS on December 10. When appropriate, I change my Excel charts for earlier months. Late recordings, fall throughs, etc., can change the picture.   There were no closed deals in November on Holland NJ homes for sale. During the June - November period: average List to Sale Price ratio was still 95%; average price for the 28 homes for sale that closed $349,439.  The least expensive during this 6 month period was a short sale. It had no kitchen or bath and suffered mold issues - sold for $117,500, whereas a 51+ acre farm estate with an 1800s home changed hands for $995,000.  Shows there is something for everyone ... 12/11/2010

Holiday Toy Drive Benefiting Children within our Local Communities - Outreach to Hunterdon County NJ To help bring some holiday cheer to needy children, many (all?) Weichert offices are collecting new and unwrapped toys or gift cards for children. Generous members of our communities are invited to drop items off. They will be collected by various charitable organizations and distributed locally. This way, you really ARE helping your neighbors who are less fortunate. My office is located at 604 Victory Avenue, right at the corner of Routes 22 and 519 in Phillipsburg NJ 08865. These donations will remain within Warren County NJ and Hunterdon County NJ!    Sometimes I repost to better reach people in both counties I serve. So if this looks familiar, I plead guilty! Did find a couple good ... 12/10/2010

FREE Picture with Santa Claus: Wednesday, Dec. 15 4:30 - 6:30 p.m. For Hunterdon County NJ too I'm thrilled to invite all my Hunterdon County NJ neighbors to come for a photo with Santa Claus. Absolutely free! Old Saint Nick will be making an appearance at my real estate office on December 15 between 4:30 and 6:30 p.m.  We're located at 604 Victory Avenue, right at the corner of Routes 22 and 519 in Phillipsburg NJ 08865. Very convenient for those in nearby Hunterdon County...   Yours truly will be the photographer, so the odds are good I'll get your little ones to smile for the camera. If not me, Jolly Santa will certainly bring grins!   My office is also running our annual Holiday Toy Drive for the needy in Northwestern NJ, so if you'd like to donate a new gift for a youngster, please... 11/26/2010

  Milford Borough NJ Data on Homes for Sale, November 2010 - Hunterdon County Real Estate Market Reports       My market updates for the Borough of Milford NJ are based on statistics from GSMLS on November 9. When appropriate, I change my Excel charts for earlier months. Homes for sale statistics will change due to late entries or Under Contract deals not moving to closing.        As I do market reports, they  all appear at Market Snapshot Report - Real Estate Data on Homes for Sale in Hunterdon County NJ. An easy way to track trends, no?     There are many well-priced lovely homes for sale in Hunterdon County NJ's Milford. Search a bit and give me a call to get more information or set up a tour of ones you like!   Copyright © 2010, Irene Kennedy, all rights reserved. This blog post rep... 11/09/2010

Rehab Loans for Fixer-Upper Homes for Sale: Free Seminar on FHA 203-K Mortgages Many buyers want to consider purchasing a fixer-upper home for sale. Not investors seeking to fix and flip, these folks would live in the house but don’t have ready cash for making pricey repairs. There is an FHA 203-K mortgage loan program that might just be the perfect solution for renovating that foreclosure or rehabbing that short sale around Warren or Hunterdon County NJ.   On Saturday, November 20, 2010 at 11:00 a.m., my Phillipsburg NJ Weichert office is hosting a free seminar on FHA 203-K rehab mortgage loans.  An expert on this FHA program will explain how it works and what it covers.  Eligible improvements could include: · Remodeling a kitchen & bathroom; · New windows or siding; · Replacing a sept... 11/04/2010

Hunterdon County NJ Owners - Don't Wait until Spring to List your Home for Sale!   Because I serve real estate needs in more than one county, once in a while I have a post that needs to be broadcast specifically in each area. As I use cite market data statistics from Holland Township, I'm doing a cross-reference here for my Hunterdon County readers.   This is the time to call me to get your Hunterdon County NJ home listed for sale! Winter Wonderland for Sellers in Hunterdon or Warren County NJ - List your Home for Sale NOW!!! 10/25/2010

Short Sales in Hunterdon or Warren County NJ – Helping Owners and Potential Buyers    Short sales continue to be a very common part of real estate transactions in Northwestern NJ. Whether I have the honor of representing the seller or the buyer, I help all understand this complicated – and nerve wracking – process in Warren County and Hunterdon County.  More important, my clients know my capable hands will be holding theirs every step of the way. Attention to details – and understanding them – can make all the difference!   Let’s define Short Sales.  An owner puts a home on the market but can only sell it for less than he or she owes on the mortgage(s).  Often these sellers are in a pre-foreclosure situation: 90 days or more behind on payments. The owner then asks that the bank accept t... 10/11/2010

Holland Township NJ Data on Homes for Sale, October 2010 - Hunterdon County Real Estate Market Reports   My real estate market reports for Holland Township are based on GSMLS statistics as of October 1. Data can - and will - change, as late entries are recorded or deals don't gel.  So please consider my Hunterdon County NJ updates as an overview - we will confirm all data relevant to YOUR particular real estate transaction when the time is right. No negotiations or decisions based on imprecise data!     As I do market reports for Holland Township and other Hunterdon County NJ areas, they will all appear at Market Snapshot Report - Real Estate Data on Homes for Sale in Hunterdon County NJ.   Search MLS data on Homes for Sale in Holland Township NJ and let me know which ones you'd like to... 10/01/2010

Milford Borough NJ Data on Homes for Sale, September 2010 - Hunterdon County Real Estate Market Reports  Although houses along the Route 78 corridor are popular with commuters, buyers have not been snatching up many of the wonderful homes for sale in Milford NJ.  As of September 9, 2010, there are 23 homes still on the market; 26% of these may be short sales. (For some sellers, the amount of an offer will dictate whether there are sufficient proceeds to pay the mortgage in full.)   With only 3 closings on Milford NJ homes for sale in the last 6 months, my Average Sale price chart isn't very interesting.  What is striking is that those 3 homes were NOT listed as distressed properties - foreclosures or short sales. Today's buyers are seeking a great quality-price ratio, but savvy sellers ... 09/09/2010