Its been quite a busy week. With news of the $8000 tax credit for first time home buyers, people are coming out of the woodwork to buy a home. Perhaps this will help turn things around.
In the meantime, here are this week's homes:
Single Family (Click Here!)
Townhomes/Condos (Click Here!)
Multi-Family (Click Here!)
If you don't find what you're looking for here, drop me an email and let me know what you're looking for. I only list Foreclosures and Short Sales here, but there are still plenty of great deals otherwise.
Monday, February 23, 2009
Monday, February 16, 2009
Foreclosures & Short Sales - 2/16/09
Happy Presidents' Day Weekend everyone!
A lot of new listings this week to go through. You can view them by clicking below. As your searching for a home, if you'd like some professional help, please don't hesitate to drop me a line. As I've said time and time again, your best deals won't necessarily be your foreclosure homes! In the meantime, once again, here are this week's homes:
Single Family (Click here!)
Townhomes/Condos (Click here!)
Multi-Family Homes (Click here!)
All the Best on your Home Search. Don't forget, if you'd like more information on these or any other homes you see, don't forget to email me - cooper@zastko.com.
A lot of new listings this week to go through. You can view them by clicking below. As your searching for a home, if you'd like some professional help, please don't hesitate to drop me a line. As I've said time and time again, your best deals won't necessarily be your foreclosure homes! In the meantime, once again, here are this week's homes:
Single Family (Click here!)
Townhomes/Condos (Click here!)
Multi-Family Homes (Click here!)
All the Best on your Home Search. Don't forget, if you'd like more information on these or any other homes you see, don't forget to email me - cooper@zastko.com.
Thursday, February 12, 2009
Stunning Edison Colonial!
I just listed this house last night, and already, there's been a buzz of activity. This beauty is a completely renovated 3 Bedroom, 2.5 Bath Colonial for $319,900. (Where else are you going to find a home like this for that price?) Granted, its not a foreclosure, but its still a great deal!
Monday, February 9, 2009
This Week's Foreclosures & Short Sales
Happy Monday everyone!
Here are the links for this week's latest foreclosure and short sale homes for sale. No townhomes or condos this week, but if you're interested in picking up some investment property, several multi-family homes came on the market that may be of interest.
Click here for Single Family Homes
Click here for Multi Family Homes
As always, if you're interested in seeing any of those or would like more information, I can be reached at 609-865-5877 or via email @ cooper@zastko.com.
Here are the links for this week's latest foreclosure and short sale homes for sale. No townhomes or condos this week, but if you're interested in picking up some investment property, several multi-family homes came on the market that may be of interest.
Click here for Single Family Homes
Click here for Multi Family Homes
As always, if you're interested in seeing any of those or would like more information, I can be reached at 609-865-5877 or via email @ cooper@zastko.com.
Sunday, February 8, 2009
Another Reason I Don't Have Much Sympathy for Banks...
Alright, maybe not all banks... However, first, you've got banks receiving BILLIONS of dollars in Bailout money, though no one seems to know how it was used, expect it wasn't to give more people loans...
Now, you've got these horror stories of legitimate people needing help with loan modifications from banks who say they want to help, but when it comes time to put their money where their mouth is... (Click here for the story)
In all fairness, if anyone can share some positive stories of banks helping people, please let me know, and I'd be happy to share it. (I try to stay positive, but it can be so frustrating at times...)
Now, you've got these horror stories of legitimate people needing help with loan modifications from banks who say they want to help, but when it comes time to put their money where their mouth is... (Click here for the story)
In all fairness, if anyone can share some positive stories of banks helping people, please let me know, and I'd be happy to share it. (I try to stay positive, but it can be so frustrating at times...)
Monday, February 2, 2009
This Week's Foreclosure Homes
Happy Monday everyone! Here are the links for this week's latest foreclosure and short sale homes for sale. I've gotten a lot of requests for townhomes as well, so I'm including a seperate link for those interested.
Click here for Single Family Homes
Click here for Townhomes/Condos
As always, if you're interested in seeing any of those or would like more information, I'm always available to help.
Click here for Single Family Homes
Click here for Townhomes/Condos
As always, if you're interested in seeing any of those or would like more information, I'm always available to help.
Central Jersey Price Trend Update
Here are the current statistics from select Middlesex County towns, comparing the 4th quarters of 2007 & 2008. These are all based on Single-Family home Closed sales from the Middlesex County MLS.
Average Price Change by Town
East Brunswick: -13%
Edison: -5.5%
Monroe: -11.8%
North Brunswick: -13.5%
Old Bridge: -12.3%
Piscataway: -4.4%
South Brunswick: -1.5%
Woodbridge Area: -7.7%
Average Change in Number of Homes Sold by Town
East Brunswick: -23%
Edison: -28.3%
Monroe: -3%
North Brunswick: -36%
Old Bridge: -27.7%
Piscataway: 13.6%
South Brunswick: -12.5%
Woodbridge Area: -8.5%
What Does It All Mean?
Some towns have taken a bigger hit than others, but why? For each area, there's a number of local factors, along with national factors, that affect prices and number of homes sold. Nationally speaking, this past quarter was when everything really hit the fan with the banks, along with the first bailout. As a national trend, we've also send a massive reduction in number of new construction and McMansion style homes sold, which includes some of these areas.
On the flip side, as prices come down and rates stay low, some of these areas have become much more affordable, and thus, home purchases. Similarly, I can't imagine that the strength in numbers in Piscataway, Edison, and South Brunswick isn't also due to recent positive reports about these towns and school systems.
Keep an eye out. We'll be taking a closer look at price trends in different price ranges next week.
Average Price Change by Town
East Brunswick: -13%
Edison: -5.5%
Monroe: -11.8%
North Brunswick: -13.5%
Old Bridge: -12.3%
Piscataway: -4.4%
South Brunswick: -1.5%
Woodbridge Area: -7.7%
Average Change in Number of Homes Sold by Town
East Brunswick: -23%
Edison: -28.3%
Monroe: -3%
North Brunswick: -36%
Old Bridge: -27.7%
Piscataway: 13.6%
South Brunswick: -12.5%
Woodbridge Area: -8.5%
What Does It All Mean?
Some towns have taken a bigger hit than others, but why? For each area, there's a number of local factors, along with national factors, that affect prices and number of homes sold. Nationally speaking, this past quarter was when everything really hit the fan with the banks, along with the first bailout. As a national trend, we've also send a massive reduction in number of new construction and McMansion style homes sold, which includes some of these areas.
On the flip side, as prices come down and rates stay low, some of these areas have become much more affordable, and thus, home purchases. Similarly, I can't imagine that the strength in numbers in Piscataway, Edison, and South Brunswick isn't also due to recent positive reports about these towns and school systems.
Keep an eye out. We'll be taking a closer look at price trends in different price ranges next week.
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