Newark, NJ

Aluminum railings and other examples of ornamental aluminum stuff can influence the first impression that the house makes on the buyer or maybe better to say "potential buyer". Nice designer railings look really beautiful and it's possible to create a tremendous number of different variations of them as the material is very light. The other peculiarity of aluminum stuff is the durability of the material. It helps to create railings, fences and balconies that are free of big maintenance costs. The oxidation resistance protects the home owners from repairing and other additional activities.

The last thing to say about aluminum railings is their easy-to-weld characteristics. It guarantees that every possible design can be produced properly and as designed.

Well,

the Holidays are upon us, and Realtors and all gathering to discuss the past year. One thing in common, the market is slow. Another thing in common, it's going to get better. That's coming from the older more experienced Realtors. WWW.MCoutoRealtor.com

We've been through this before, and as history repeats itself, it's going to be long ride out. But out it will be. Inventory is not increasing as before, but buyers are still buying and closing on homes. The investors are chomping at the bit as prices keep on dropping.

It's a classic Tipping Point. At some time, no one wants to wait anymore and they will buy. Once one starts, they all start.

Buy now, rates are low, and maybe going lower. Don't let this be your would have could have should have market place.

Now is a great time, for you, as Professionals to hone your skills, to take additional training classes and to think of new and innovative ways to not only market your homes, but to market yourself!! The NJAR triple play convention had a lot less people, but the ones who were there, believe in the market, believe in the Real Estate Industy, and believe in YOU.

Now it's up to many Realtors® to take the steps to show the public that YES they are worth the commission dollars, that YES they are going to do the best to keep the sellers informed on the market, and YES, they will constantly market and try to attract new buyers and sellers.

See you in the trenches.

Mannie

Hello Dear Reader. This blog is a continuation of what I am writing the last few days on my web site www.MCoutoRealtor.com I am just commenting on the GOOD part of Real Estate. In NJ, the NJAR is actively persuing good news. Any News. While I agree, it still is hard to agree when you have bills stacked up, but never the less, it's started. The Investors are starting to come back. I am getting phone calls from people who have been sitting out the market, and first time buyers looking for a home.

THERE BACK! Like when the Tuna come in and you can fish the big eyes off Long Island, or when the swallows come back to Capistrano. The investors are trickling into the market along with the first time buyers. The first time buyers have a chance to buy at 80's or earlier pricing. Awesome. Invvestors can buy homes that have a positive cash flow.

NOW is the time that Realtors who have ridden out the market, have experience, and have taken addtional training during the lull time can start to make a difference. NOW is the time to stand up and do what you are supposed to do. Sell and List homes, and make the American Dream of Home Ownership less scary for millions of People.

here is my newest viewpoints from 11/23/2008

Ok, in the cyclical cycle of real estate, my cycle is still rolling up. I helped a lovely couple negotiate their first home, at a GREAT price, and in a GREAT town.

Did I think it would happen? Not sure. The market place has picked up and we were in a bidding war. In a Bidding war, NO one wins. The seller feels he underlisted, the buyer feels they overpay, and the loser feels that they were not given enough consideration in their offer. AND, the Realtors sit and wonder how they could have brought the deal to the table. See, no one wins.

The buyers, I think are happy, but nervous. It's a common thing when it's your first home. I get the same way when I buy a car. Nervous but happy. I love it when it works out right. Not for the money as much as the satisfaction that I could help someone. The buyers are really nice people and I think this really is the house for them, but I really can't tell them because it makes me sound like a salesperson. (I am a facilitator. Buyers and sellers have to make their own decision, no matter what I say).

Back to where I was. Even on Sunday I have gotten phone calls and emails wanting to buy a house. Investors and first time buyers. That's a real good sign, because when they are looking the regular market shouldn't be too far behind.

So far my investors are looking in the 07106 area code of Newark, and 07105 of Newark. (Well, that's where the bulk of my listings are). I am getting fewer requests for other areas, but the emails are coming in.

Let's see what happens!

Hello Dear Reader. This blog is a continuation of what I am writing the last few days on my web site www.MCoutoRealtor.com I am just commenting on the GOOD part of Real Estate. In NJ, the NJAR is actively persuing good news. Any News. While I agree, it still is hard to agree when you have bills stacked up, but never the less, it's started. The Investors are starting to come back. I am getting phone calls from people who have been sitting out the market, and first time buyers looking for a home.

THERE BACK! Like when the Tuna come in and you can fish the big eyes off Long Island, or when the swallows come back to Capistrano. The investors are trickling into the market along with the first time buyers. The first time buyers have a chance to buy at 80's or earlier pricing. Awesome. Invvestors can buy homes that have a positive cash flow.

NOW is the time that Realtors who have ridden out the market, have experience, and have taken addtional training during the lull time can start to make a difference. NOW is the time to stand up and do what you are supposed to do. Sell and List homes, and make the American Dream of Home Ownership less scary for millions of People.

Just remember, it may take another 6 months before the media sees this, and the regular buyers come in and stabilize the market place.

here is my newest viewpoints from 11/23/2008

Ok, in the cyclical cycle of real estate, my cycle is still rolling up. I helped a lovely couple negotiate their first home, at a GREAT price, and in a GREAT town.

Did I think it would happen? Not sure. The market place has picked up and we were in a bidding war. In a Bidding war, NO one wins. The seller feels he underlisted, the buyer feels they overpay, and the loser feels that they were not given enough consideration in their offer. AND, the Realtors sit and wonder how they could have brought the deal to the table. See, no one wins.

The buyers, I think are happy, but nervous. It's a common thing when it's your first home. I get the same way when I buy a car. Nervous but happy. I love it when it works out right. Not for the money as much as the satisfaction that I could help someone. The buyers are really nice people and I think this really is the house for them, but I really can't tell them because it makes me sound like a salesperson. (I am a facilitator. Buyers and sellers have to make their own decision, no matter what I say).

Back to where I was. Even on Sunday I have gotten phone calls and emails wanting to buy a house. Investors and first time buyers. That's a real good sign, because when they are looking the regular market shouldn't be too far behind.

So far my investors are looking in the 07106 area code of Newark, and 07105 of Newark. (Well, that's where the bulk of my listings are). I am getting fewer requests for other areas, but the emails are coming in.

Let's see what happens!

Newark's residential listings were 592 for the month of August, down from 664 for 2007 during the month of August. The average price was $233,443, also down.

New listings for the month came in at 68, down from 121 for 2007. The average price was down 21% at $219,407.

Properties scheduled to close were up at 18 with an average price of $206,567.

Sales were down slightly, with an average price of $180,000, a 21.5% reduction over August 2007.