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Existing Single-Family Home Sales Rise in May.
02 July 08 08:45 AM | Emil Ratti | 0 Comments   
According to the National Association of Realtors, sales of existing single-family homes rose by 2 percent nationally and 4.6 percent in the Northeast during the month of May. In addition, inventories of unsold homes fell 1.4 percent to a 10.8-month supply Read More...
Characteristics of New Housing report for 2007
27 June 08 08:46 AM | Emil Ratti | 0 Comments   
According to the Census Bureaus’ Characteristics of New Housing report for 2007, the average square footage of homes is currently at a historic high. On average, a completed single-family home had 2,521 square-feet, up 2.1 percent from 2,469 square-feet Read More...
New Home Sales Rose In April
28 May 08 10:45 AM | Emil Ratti | 0 Comments   
More good news! The U.S. Commerce Department reported yesterday that sales of new single-family homes rose 3.3 percent nationally in April. This was the first increase in new-home sales since October, and the results exceeded economists’ expectations. Read More...
2nd Half of 2008 Poised for Improvement
25 May 08 01:10 PM | Emil Ratti | 0 Comments   
Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, said NAR Chief Economist Lawrence Yun at a recent meeting. Middle-America cities that performed evenly over Read More...
Homeowners Plan to Use Tax Rebates for Home Improvements
03 May 08 06:36 PM | Emil Ratti | 0 Comments   
Tax rebate checks from the federal economic stimulus package have begun hitting bank accounts this week. According to a recent national survey conducted by Opinion Research Corp., 19 percent of U.S. homeowners said they would “definitely use” Read More...
Securing Financing in 2008
14 April 08 01:43 PM | Emil Ratti | 0 Comments   
By: Tim McLaughlin With stabilizing housing prices, relatively low interest rates and a good selection of properties to choose from, the biggest potential huddle a borrower will face in today’s market is financing options. Financing has become the Read More...
Second-Home Sales Accounted for One-Third of Transactions in 2007
04 April 08 09:37 AM | Emil Ratti | 0 Comments   
The combined total of vacation- and investment-home sales declined with the overall market in 2007, but still accounted for 33 percent of all existing- and new-home sales, which is close to historic norms, according to the National Association of Realtors® Read More...
Home Sales Rose In February
24 March 08 04:15 PM | Emil Ratti | 0 Comments   
Good news! This morning, the National Association of Realtors (NAR) reported that existing home sales rose 2.9 percent nationally in February. What’s more, existing home sales in the Northeast increased 11.3 percent. In addition, the median home Read More...
Home Prices Show Increases in Many Markets
15 March 08 01:24 PM | Emil Ratti | 0 Comments   
According to a mid-February report from the National Association of Realtors®, approximately half of metropolitan areas continued to show rising home prices in the fourth quarter of 2007. Last quarter, 73 out of 150 metropolitan statistical areas Read More...
New Mortgage Ceilings Have Been Approved
07 March 08 07:02 PM | Emil Ratti | 0 Comments   
New Mortgage ceilings have been approved by Fannie Mae/Freddie Mac as follows: These limits are for Bergen County, which is considered a high cost area One Family- $729,750.00 Two Family-$934,200.00 Three Family- $1,129,250.00 Four Family- $1,403,400.00 Read More...
A Dog's Purpose (from a 6-year-old)
08 February 08 09:42 AM | Emil Ratti | 0 Comments   
From a friend of mind. Being a veterinarian, I had been called to examine a ten-year-old Irish Wolfhound named Belker. The dog's owners, Ron, his wife, Lisa, and their little boy, Shane, were all very attached to Belker, and they were hoping for a Read More...
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Important NJ State Agencies & Phone Numbers
28 January 08 02:30 PM | Emil Ratti | 0 Comments   
Automated Services General Tax Information - 609-826-4400 or 1-800-323-4400 (within NJ, NY, PA, DE, MD) Listen to prerecorded information on common tax issues Inquire about the status of your income tax refund Have tax forms mailed to you Accessible from Read More...
Weichert, Realtors 29th Annual Holiday Toy Drive
19 November 07 09:16 AM | Emil Ratti | 0 Comments   
James M. Weichert, president and founder of Weichert, Realtors, is pleased to announce the start of the company’s 29th Annual Holiday Toy Drive to help disadvantaged children in the communities we serve. From now through December, each of the company’s Read More...
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Most Expensive ZIP Codes In The Nation
28 September 07 04:43 PM | Emil Ratti | 0 Comments   
Forbes has released its annual ranking of the “Most Expensive ZIP Codes” in the nation. The rankings are based on median house prices, which were found to have increased in many areas across the country. Alpine, N.J. (07620) saw median home Read More...
Help Stop the New Jersey Home Sales Tax
28 September 07 08:38 AM | Emil Ratti | 0 Comments   
In response to NJAR®'s Local Home Sales Tax campaign, the League of Municipalities sent a notice to New Jersey mayors urging them to write legislators in support of a local realty transfer fee. In this week’s edition of NJBIZ Assemblywoman Read More...
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