Joseph Cacciapaglia

I just wanted to pass along this article so that everyone knows that the recovery is upon us. My recent successes weren't just a case of me getting lucky; things are getting better.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com

Well, again it's been a few days since I've posted anything to my blog, and again it's because there is just so much happening in our market. Last time I mentioned that I had just gotten two houses under contract, and since then I've put one more under contract and have one small multifamily investment property that we're negotiating. This is just incredible activity given the recent past.

In case you're wondering, none of these homes are being given away, and only one is a short sale. I think that this is more evidence that the recovery is in full swing. If you've been waiting for the market to change to sell your home, give me a call today!

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com

It's been a few days since I posted anything to my blog, and that really isn't like me. Lately I've had so much activity, that I haven't even had a spare minute to talk about all the great things going on in today's market. I would say that the activity my listings are getting is double or triple what it was only a month ago, and this month I've already gotten two homes under contract. I think that a lot of this is just a reflection of the changing market, but I would also like to think that some of the changes that I've made to my own marketing has helped as well.

I'm sure that the impending deadline for the $8,000 tax credit has something to do with the increased activity, but I also think that there is more to it than that. Every time I turn on CNBC or open The Wall Street Journal, there is some new story that leads me to believe we have reached a bottom in housing. If not in prices, we have certainly reached a bottom for activity.

If you'd like my help selling your home in today's market, don't delay, give me a call today.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com

I had an interesting conversation with an investor the other day that I wanted to share with everyone. I had met this investor a few times and had sent him the occasional multifamily or commercial listing. At some point in our conversations it came up that I am also an investor, and I typically purchase properties that are very similar to the ones that he looks for. After that comment, it said that there was no reason for me to show him deals, because clearly I would be taking all of the good ones for myself. I heard this before, and it really doesn't make any sense.

It's true that occasionally we might be competing on a specific deal, but I've never purchased more than 3 investment properties in a given year. I'd like to, but I just don't have the money to do so. However, I am in the market looking at deals all day every day, and I come across the deal of the decade at least once a month. When this does happen, and I don't happen to have the ability to purchase the property on my own, I will typically approach other investors that I know to either partner with me, or purchase using me as their agent. I think that the real advantage that investors get from working with me, as opposed to working with an agent that they don't consider competition, is that I don't waste their time with deals that don't work. I spend time looking at every property as if I was going to purchase it myself, before I fill other investors' in-box with junk mail about bad deals.

If you're an investor that prefers to only work with agents that don't invest, keep in mind that you're paying them to help you purchase something that they don't really have a clue about.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com

Well, I'm officially announcing that the market has changed. My blog will no longer be 'South Jersey Foreclosure Crisis' it is now 'South Jersey Housing Recovery'. What hard economic data is this decision based on? Well, being that all real estate is local, I decided to consult the most knowledgeable local professional that I could find, Me. Taking a look at my listing, and the types of buyers that I'm working with, it is clear that the worst is behind us. For the first time this year my regular seller listings out-numbers my pre-foreclosure listings. Also, although I do still deal with many bottom feeding investors (I mean that in a nice way), this month I've had more activity from regular home buyers than anything else. I realize that this is all anecdotal evidence, but coupled with the national headlines, I'm confident sticking my neck out and calling the recovery.

If you'd like to discuss purchasing a new home while prices are still low and incentives are abundant, give me a call today.

Joseph Cacciapaglia, MLERE
Realtor Associate®
R&I Realty
15 Potter Street
Haddonfield, NJ 08033
Office: 856.795.3111 x268
Cell: 979.218.2286
Jcacci1@gmail.com