Buyers - If you are searching for a home in Voorhees NJ, you can begin your search with one of the best MLS search sites in Southern NJ. Search Voorhees NJ Homes For Sale and Real Estate. Here you will be able to save your search, setup RSS feeds and be alerted to new Voorhees NJ listings, as soon as they hit the market! You can also exclusively view Voorhees NJ Foreclosures and Short Sales. If you have any questions about the real estate market in Voorhees NJ, please feel free to give me a call or email.      11/01/2011

Here is the latest market statistics for Voorhees NJ. This report compares Sept 2010 to Sept 2011 and is for residential only. As you can see 2 less homes went pending this September than last but only 1 less sale at 19 for Sept 2011 compared to 20 sales for the same time last year. The sold home average in Voorhees NJ went up (not down) although a margin increase. The Days On Market or DOM for Voorhees NJ did increase. Search all Voorhees NJ Homes For Sale Here 10/12/2011

  Voorhees NJ Homes For Sale & Market Update for August 2011 - Dave Sulvetta Voorhees NJ Realtor Here is the latest market update for Voorhees NJ. More Voorhees NJ homes sold this August than last August 2010- However DOM or Days On Market in Voorhees NJ went up. If you would like a thorough market analysis for Voorhees NJ or your home, please email me.  For More information and to search Homes for Sale in Voorhees NJ, please go to http://CamdenCountyNJHomesForSale.com     09/29/2011

Centennial Mill by Del Webb is a completed active adult community in Voorhees, New Jersey. With 401 homes, this 55+ community is an intimate size where neighbors easily get to know each other and make new friends. The convenient location within five minutes from major highways ensures convenient access to shopping, dining, golf, entertainment, education, healthcare and more. Major cities accessible within under two hours include Philadelphia, Atlantic City, New York City and Baltimore. The homes of Centennial Mill New Jersey are available as either attached or single family style. Their unique design with a rear-entry attached garage, accessible via a back alleyway, creates a charming curb appeal throughout the community. As you walk through the community you pass only attractive front ... 07/24/2011

This is the April 2010 comparison to April 2011 local market report for Voorhees NJ 08043. This report shows a decline in market conditions but also shows the sold average price going up. Please see below. April 2010 homes listed - 69 compared to April 2011 64. The listed volume went down from April 2010 - $24,397,003 to $21,910,010 in April 2011.  The average list price in Voorhees NJ for April 2010 was $353,579. compared to April 2011 $335,734. A drop of -$17,845. Pended units fell from 35 in April 2010 to 15 in April 2011 as did sold units 27 in April 2010 to 12 in April 2011. The great news is the SOLD average for Voorhees NJ went up, way up! April 2010 the average home sold for $275,051. While in April 2011 the average sold price JUMPED up to $296,700. An increase of $21,649.00 Day... 05/18/2011

Voorhees NJ Residential Market Update and Comparrisson for March 2010 & 2011- Not great news here folks but we need to stay optomistic! Pricing your home correctly and marketing it properly is a key factor to changing these numbers below.   information is gathered from TReND MLS.     04/11/2011

The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy. The minutes' official name is "Fed Minutes". It's a periodic publication, published 3 weeks after each meeting of the Federal Open Market Committee. The FOMC meets 8 times annually, so the Fed Minutes is published 8 times annually, too. The Fed Minutes is similar to the meeting minutes released after a condo board gets together, or after a meeting of the Board of Directors at a large corporation. The minutes give a detailed account of the important conversations and debates that occurred among the attendees. At the Federal Reserve, those conversations are deep and, as such, the minutes are long; much longer than the more well-k... 04/07/2011

On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month, according to the National Association of REALTORS®. A "pending home sale" is defined as a home under contract to sell, but not yet closed. February's Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses the recent downward momentum in housing. Both Existing Home Sales and New Home Sales volume showed a sizable loss last month.  For buyers and sellers of real estate in Voorhees , the Pending Home Sales Index is of particular import. It's one of the few forward-looking indicators in housing, and February's data suggests a stronger spring season than was the winter. Region-by-region, Pending Home Sales data varied: Northeast Region: -10.9% Midwest Region : +4.0% South Region : ... 03/29/2011

Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish. Wall Street voted with its dollars, and a return to risk-taking emerged. "Safe haven" buying softened last week and, as a result, conforming mortgage rates in New Jersey made their biggest 1-week spike since late-January. Mortgage rates remain historically low, but well above their November 2010 lows. This week, rates could run higher again. Friday's jobs report is a major story and it will affect mortgage rates in Voorhees and across the country. Jobs are a key component of the nation's economic recovery, and as the economy has improved, mortgage rates have tended to rise. Economists expect that 190,000 jobs were created in March. If they're... 03/28/2011

Sales of newly-built homes plunged 17 percent to an seasonally-adjusted, annualized 250,000 units in February, and the supply of new homes rose to 8.9 months in February - a 1.5 month jump from January. It's the lowest New Home Sales reading in recorded history, according to the Census Bureau, and the third straight report to signal that home values may be slow to rise in Voorhees and nationwide this season. Earlier this week, the National Association of REALTORS® reported Existing Home Sales down 10 percent from February, and the Federal Home Finance Agency said home values slipped 0.3 percent between December and January. The media has picked up on the trend, too.  No Spring In Housing's Step (WSJ) Is Housing Really In Recovery (CNBC) Experts See Weak Recovery (UPI) There's two inter... 03/24/2011

Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®. On an annual basis, 4.88 million homes were sold in February - the first time annualized home resales dropped below 5,000,000 since November 2010. An "existing home" is one that's not considered new construction. And it's not just sales volume that's down. Home inventory is higher, too. At the current pace of sales, the number of months needed to sell the complete home resale inventory rose by 1.1 months, to 8.6 months nationally. It's the biggest one-month jump in supply since July 2010 - the month after last year's federal home buyer tax credit program expired. The data is somewhat unexpected, too. NAR's Pending Home Sales report is a reliable predictor for the housing mar... 03/22/2011

Mortgage markets improved again last week despite an inflation-acknowledging statement from the FOMC and stronger-than-expected jobless data. Usually, events like this would lead mortgage rates higher, but violence in the Middle East and worsening fear for public safety in Japan took center stage instead, spurring a massive, global flight-to-quality instead. Rate shoppers in Voorhees  benefited. As safe haven buying increased last week, conforming mortgage rates dropped, falling to their lowest levels since January. It marked the 5th straight week through which mortgage rates improved and is the longest such streak since August 2010. This week, rates may run lower again. You may not want to gamble on it, though. Here's why. In general, when there's inflation in the U.S. economy, mortga... 03/21/2011

Single-family housing starts plunged unexpectedly last month. Nationwide, starts fell 12 percent from the month prior; and 29 percent from February of last year. February's figures represents the worst 1-month drop in housing starts since May 2010 - the month that followed the expiration of last year's federal home buyer tax credit - and puts single-family housing starts at a 24-month low. In addition, single-family Building Permits plunged last month, too, shedding 9 percent from January. A building permit is a local government's certification and approval to begin home construction. Housing permits are an excellent forward-indicator for the housing market. This is because 93 percent of homes start construction within 60 days of permit-issuance. Fewer permits, therefore, directly redu... 03/18/2011

Homebuilders are optimistic about the housing market this spring, relative to recent months. According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It's the highest confidence reading in 10 months. A value of 50 or better indicates "favorable conditions" for home builders; with more builders viewing sales conditions as "good" than "poor". HMI hasn't read higher than 50 since April 2006. Regionally, the Housing Market Index showed mixed results. Confidence fell 1 point in the Northeast, held firm in the Midwest, and rose in the Southeast and West regions by 2 points and 4 points, respectively. As an index, the monthly survey is actually a comp... 03/17/2011

Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0. In its press release, the FOMC noted that since its January 2011 meeting, the economic recovery "is on firming footing", and that the labor markets are "improving gradually". In addition, household spending "continues to expand". Nonetheless, the Fed said, the economy remains constrained by rising commodity prices and the "depressed" housing sector. The FOMC statement also re-affirms the group's plan to keep the Fed Funds Rate near zero percent "for an extended period", and to keep its $600 billion bond market support package - more commonly called "QE2″ - intact. And, lastly, for the third s... 03/15/2011

The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members. The FOMC's official schedule calls for 8 meetings annually at which it reviews the nation's economic and financial conditions, and chooses whether to change existing monetary policy. The group's last rendez-vous was a 2-day affair, January 25-26, 2011. Today's FOMC meeting represents a bona fide risk to home buyers and rate shoppers in Cherry Hill and across the country. This is because when the Fed meets, Wall Street gets nervous which, in turn, causes mortgage rates to get volatile. And, as mortgage rates go, so goes home affordability.  Rate shoppers learned this the hard way after the FOMC's last mee... 03/15/2011

Mortgage markets improved last week in a week of few economic releases. The one major data point - Retail Sales - showed stronger-than-expected, but markets reacted mildly. The report's strength was whispered in advance of the actual release; its reading validated Wall Street's growing faith in the U.S. economy. Most action last week revolved around the Middle East: Libya's internal turmoil continued Bahrain clashes intensified Saudi Arabia's citizens planned a Day of Rage In response to these events, Wall Street continued its flight-to-quality. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight weeks. Unfortunately for rate shoppers in Pennsylvania , the gains have been meager. Conforming mortgage rates have only dropped sl... 03/14/2011

FHA Streamline Refinance guidelines are changing. For the better. In an effort to improve its loan portfolio, the FHA is loosening approval standards on its popular refinance program, rendering large groups of homeowners suddenly FHA Streamline-eligible. Now, that may seem counter-intuitive - lowering qualification standards in order to reduce loan defaults - but in the FHA's case, it makes complete sense. It's because the FHA doesn't make loans. It insures them. What's good for FHA-insured homeowners is good for the FHA, therefore. All things equal, lower housing payments for its insured homeowners should correlate to fewer FHA loan defaults in New Jersey and   nationwide. One interesting facet of the FHA's new rulebook is the manner in which the government group is applying common sen... 03/11/2011

Beginning April 1, 2011, Fannie Mae is increasing its loan-level pricing adjustments. Conforming mortgage applicants should plan for higher loan costs in the months ahead. If you've never heard of loan-level pricing adjustments, you're not alone; they're an obscure mortgage pricing metric and, thus, are rarely covered by the media. That doesn't make them any less relevant, however. LLPAs are mandatory closing costs assessed by Fannie Mae and Freddie Mac, designed to offset a given loan's risk of default. LLPAs were first introduced in April 2009. This April's amendment is the 6th increase in 2 years. LLPAs can be costly. In addition to an up-front, quarter-percent fee applied to all loans, there are 5 additional "risk categories" in the LLPA equation: Credit Score : Lower FICO scores tr... 03/10/2011

  April 15 is the traditional due date for federal income taxes. It’s a deadline so ingrained in the American psyche that the April 15 calendar date is often called, simply, “Tax Day”. In 2011, however, federal taxes aren’t due April 15. They’re due April 18. It’s because of a combination of holiday, calendars, and tax law. The change centers on Emancipation Day. Emancipation Day is a public celebration in the District of Columbia. Named a holiday in 2005, Emancipation Day honors President Abraham Lincoln’s April 16, 1862 signing of the Compensation Emancipation Act.   Emancipation Day is a non-working day in the nation’s capitol but, this year, Emancipation Day falls on a Saturday. The municipality will observe the holiday Friday instead. This means that all of Washington, D.C. will b... 03/09/2011