New Jersey Real Estate James Boyer Morris, Essex & Union County NJ Realtor

These are dark days for the Real Estate markets around the country, and for mortgage companies, and for the economy in general. Every place I turn, people are talking about it, every news channel I put the TV on, they are talking about it.

I have to say, I love it, I just love it!!

Am I some person who thrives on the misery of others you might be asking yourselves?

No not really, I believe that things always look the worst, like everything could just come to an end right before they start getting better. In watching the news again today while they talked about Wamo needing to be bought out or it will fail, I thought to myself, I should check my bank accounts and see if I can send my 2008 IRA contribution in early, put it all to work, possibly buy shares in the S&P 500, or if I want to take a little more risk, buy Wells Fargo, or Bank of America, or General Motors, or Ford, what the heck all of these companies have weathered ultimate storm after ultimate storm (I think I should have said perfect storm but you know what I mean).

I wrote a blog post about my experence in the Morristown nj real estate market and what all was going on during black Monday September 15th 2008, the day Lehman fell, Merrill had no choice but to sell out at fire sale prices, and near the end of the day the AIG dragon started to rear it's ugly head, and Wamo waited on the sidelines to implode. After all, who could be thinking of buying Morristown nj real estate on a day when it looked like the world was coming to an end financially.

If you visit my blog post about Black Monday, please leave a relevant comment. The blog will even let you have a relevant link back to your website that Google & Yahoo will give you credit for, unlike commenting on active rain blog posts which give you no credit with the search engines.

Thank you,

Jim

James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

Interest Rate Drop, signals time to buy Summit NJ Real Estate

With the real estate markets in most of New Jersey stabilized and some real estate markets already moving higher, the new lower interest rates brought about by the feds takeover of freddy and fanny are a good signal to buy while the buying is good.

Some of the real estate markets such as the Summit NJ Real Estate market really did not turn down much. For example for the entire year of 2007 the average selling price of a home in Summit New Jersey was actually 2% higher than in 2006. Now Summit is poised to move up faster than the average town in New Jersey, why? the locals know.

Interested in finding out more about the Summit NJ real estate market as well as all the surrounding markets visit jboyerhomes.com where you can find all kinds of great local information for many of the great towns of Northern New Jersey.

James Boyer
Summit NJ REALTOR
RE/MAX Properties Unlimited
973-647-0253 Direct
973-539-6300 Office

There is a very costly mistake that Morristown New Jersey home sellers are continually making. I have blogged about this before, the statistics support what I have been saying all along. Yet over and over again I see this same mistake repeated. It gets to the point where I just shake my head in wonderment what some of these Morristown NJ Home sellers are smoking.

Just when I think the news media has publicised the downturn in the real estate market way more then enough, yet another home comes on the market listed 10% or more too high. Over and over again I am proved right, all it takes is a little time and the price reduction comes.

Another interesting fact seems to play out every month when I do the monthly Morristown NJ Real Estate market update. Every month 40% to 60% of the homes that have sold, actually sold in less then 30 days. How many price reductions if any have these homes gone through? Very rarely have these homes gone though any price reductions actually. They were priced right to start with, and they sold fast and usually fairly close to their asking price.

Pricing your home to high to start with is very costly, it costs you time, and effort to keep your home in showing condition, and on top of that the statistics have long shown that the highest price any home seller is going to get for their home is in the first 2 to 4 weeks it is on the market. It is all down hill for there.

James Boyer
Morristown NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

Harding New Jersey is a small township located just south of Madison New Jersey and the Eastern Section of Morris Township New Jersey (the Convent Station section). In Harding you will find many luxury housing options, from $500,000 2 bedroom luxury condos to $6,000,000+ sprawling mansions set on large multiple acre lots.

Because Harding New Jersey is so close to Madison NJ and Morris Twp. NJ many find that Harding is a very convenient yet secluded and very private place to call home. This wooded natural setting is a very beautiful area to have a home in, and is sure to continue to be popular with the luxury housing minded home buyer for many many years to come.

Being located in Morris County helps to ensure that even though a Harding home may be a luxury home, you don't have to worry so much about the property tax man putting a large dent in your pocket book. Morris County tends to be one of the most affordable counties in Norther New Jersey.

Thinking of buying a Harding NJ Luxury Home, visit jboyerhomes.com where you will find every home listed for sale in our local MLS system, and be able to use the areas most advanced Norther New Jersey real estate search tools availible to the public.

James Boyer
Harding NJ REALTOR
RE/MAX Properties Unlimited
973-539-6300 Office
973-647-0253 Direct

Morristown NJ, There is a powerful new MLS Search Tool available to Morristown Home Shoppers.

I worked long and hard with Real Estate Webmasters to get my Custom IDX MLS Search just right. Check it out. it is really cool.

Morristown NJ Homes For Sale

Morristown NJ, Where many battles of the Revolutionary war were fought. Morristown is just full of history, and full of wonderful things to see and do. When thinking of moving in Morris County New Jersey, Morristown is the place to look at.

There is even New Construction Going on in Morristown NJ:

Vail Mansion - Luxury Condominiums priced from 700K to 1.2M

Vail Commons - Entry Level Luxury Condominiums priced from 450K to 650K

DeHart Place - Luxury Townhomes up to 3600 Sqft priced from 1.2m to 1.3m

More new construction condominiums coming on the Morristown NJ real estate market in the next few years. When thinking about a new home, think Morristown NJ real estate.

Morristown NJ Real Estate
James Boyer, RE/MAX Properties Unlimited | Morristown NJ Real Estate | Morristown Realtor
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