James Boyer's Blog: All Categories

A Full-Point Interest Rate Cut Needed ASAP to Stem This "Run On The Bank" 

Screams Lawrance Kudlow, A Writer for Investors Business Daily & CNBC News Anchor.  Lawrance goes on to say "You don't have credit blowups, liquidity freezes, dysfunctional commercial paper markets, suspect bank loan quality - nor do these ailments spill over into London and the other European money markets - when central bank policies are easy and accommodative. 

But does this have anything to do with North New Jersey Real Estate? Yes to a extent it does. It has gotten more difficult for people who wish to purchase a home in which they need to get a Jumbo or Non conforming mortgage for. A jumbo or non conforming loan is any mortgage for higher than $417,000.

Many home…

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This blog post is inspired buy a recent experience I had with a home seller here in Morristown / Morris Township New Jersey this past week.   The home seller had already been locked into a listing with a New Jersey discount Realtor for 6 months without selling.  Now they were about to select a new Realtor since they were not happy with their discount real estate company.   

 

The 6 Biggest Mistakes Home Sellers Make When Selecting a Real Estate Agent To Sell Their Home.

 

1.       Many home sellers select their Realtor based on which one told them that he / she could get the most money for their home.  Truth is there are a certain number of Realtors out there who will tell you any price they think you are looking to hear, knowing that they… Read Full Post

Below you will find many wonderful pictures of Madison New Jersey and the beautiful historic 1950's style downtown. 

Madison New Jersey sits on the New Jersey Transit Midtown Direct train line into NYC Manhattan, making Madison one of the top choices for people working in New York City but wanting to live the more relaxing and affordable suburban life. 

Madison NJ real estate tends to be priced from about $340,000 to $3,000,000.  Here are some examples of what you get for the money:

• $345,000 for a 1 bedroom 1 bath condo on main street
• $499,000 for a 2 bedroom 2.5 bath townhouse in Madison Commons
• $499,900 for a 3 bedroom 2.5 bath townhouse in Rosewood at Madison
• $499,900 for a 3 bedroom 1.5 bath single family in Ardsleigh
…

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Senior Bingo

Come out and join the fun!  You may even win a prize, but even if you don't win, you're sure to have a great time trying.  The program starts on Wednesday, September 26th 2007 at 1:30pm and will be held the LAST Wednesday of each month until the end of May at the Morris Mews. 

What to join in the fun?  Call the Recreation Office at 973-326-7371 to sign up for the new calendar year.

 

 

 

Morristown / Morris Township New Jersey has a lot to offer, Join in the fun today.

 

Never to busy for your referrals of people needing help with real estate. 973-647-0253 (Direct)

James Boyer Realtor Associate Keller Williams NJ Realty 973-376-0033 (Office) 973-647-0253 (Direct)

 

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Foreclosure or REO (Real Estate Owned) meaning bank or lender owned properties. These properties are mainly owned because they were foreclosed on, and the bank / lender was not able to sell them at sheriff’s sale if that is done in the state the home is located in.   There are many things to consider when purchasing a house, townhouse or condo which has been foreclosed on, or is REO.   1. Property Taxes: In most states property taxes are recorded as a lien against the property and cannot be removed by any foreclosure proceeding other than a foreclosure proceeding for delinquent property taxes. Make sure that you take into account any property taxes that may be owed on the property as they will become your responsibility once you take ownership of the… Read Full Post

Our local Real Estate Markets are doing considerably better than what many expect might be the case.  With the national news media pounding away with their negative stories day after day you might think that anyone who owns a home will soon be bankrupt, and that anyone who is thinking of buying a home should have their head examined.  You might think those things, but what you have been feed by the national news media and the truth are two different things.

New Jersey Real Estate continues to be in demand!!  Why? because unlike other parts of the country, California & Florida for example, New Jersey never did see a speculative building boom unlike the aforementioned places.  Home prices did not get wildly out of line, and there is was not and is not a…

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It has been reported that the New Jersey Real Estate market is doing so much better than the national news media would have you think. 

Recently it was reported on CNBC News as well as in the Otteau reports the lower to medium priced homes in North East New Jersey actually have appreciated about 1/2% since August of 2006.

My personal experience has been that the real estate market here in Morris, Essex, & Union Counties has been picking up since April of 2007.  In the spring the New Jersey real estate market was very slow, but now we are almost back to normal levels of activity.

In the month of August Madison NJ had 13 home sales and Chatham NJ had 28 home sales.

There are many factors which contribute to the current strength in the New Jersey real…

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Morristown NJ Downtown Part 1

Morristown New Jersey has a great downtown with a large central green.  Many of the buildings are architecturally very beautiful and historic at the same time.  There are many shops, wonderful restraints , the Century 21 Department store, a Latin district down Speedwell Avenue, and many large historic churches.

There are currently 3 condo construction projects in the works currently as well. 

• Vail Mansion $750,000 to $1,300,000
• Vail Commons $450,000 to $650,000
• DeHart Place  $1,200,000 to $1,500,000

Looking at the streat on the south side of Morristown's central green.

Fountain at the south end of Morristown NJ's central green.

Register of Historic Places Sign.  Looking South out of the…

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