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Somerville, NJ Real Estate News

By Eugene Jones
(Weichert Realtors)
Somerville, NJ market analysis for January 2008Compared to December 2007    January:                                                                   December:Active Listings = 60                                                   58                                                                                     Average LP = $ 335,483                                 $ 349,591New Listings    = 14                                                   9            Average LP = $ 316,443                                 $ 276,700Under Contract= 6                                                     5            Average LP = $ 336,233                                 $ 421,960Sold Listings    = 2                                                      5            Average SP = $ 378,000           ...
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By Brandon Acken
(RE/MAX Preferred Professionals)
Subject: Need help in the world of real estate investment? Current market conditions are looking good for investors.  Lower prices, plenty of inventory, negotiable sellers, high rental prices, and low interest rates all come together to make this a opportunity for those that are qualified to enter the landlord business.Anyone can tell you that there is no such thing as "sure bet" in the world of investing. However, over the past several decades, real estate investments have proven to be lucrative and reasonably reliable in comparison with other forms of investment. While real estate investments have no "get rich" guarantee, they can be great ways to earn extra income, provided you have the right guidance. That's why it's important to enlist the help of a real estate professional.Having ...
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