The Record, North Jersey Newspaper quotes Richard Stabile in an article on real estate market conditions, written By Kathleen Lynn and Dave Sheingold. A frequent contributor to the media for real estate matters, Richard has written extensively, on the psychology and conditions of the real estate market in Northern Bergen County and throughout the Country. The article can be read by this link: http://www.northjersey.com/realestate/Even_affluent_towns_see_rise_in_foreclosures.html
another recent Record article:
REMAX Real Estate Associates-Richard Stabile
201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !
Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!
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REMAX Real Estate Associates-Richard Stabile
201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !
Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!
copyright bergencountynewhomes.com, all rights reserved
Alpine, Bergen County New Jersey quarterly sales report shows zero NJMLS sales in the first quarter. Alpine being a small town of luxury homes, it is unusual but not dreadfully. Alpine sales volume peaked in the 1st quarter of 2006. Last recorded median sale price was approx. three million dollars. The second quarter should show a pickup in sales. There are homes for sale up to the Fifty million dollar plus range. Needless to say small interluded in sales closing is normal. The market has slowed in Alpine as in other areas of the county. However, some early figures throughout Bergen County are showing a pickup in buying.
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Richard
note: Data source NJMLS deemed reliable but not guaranteed
The Record, our North Jersey News paper quoted myself and other brokers on market conditions. There front page story, REAL ESTATE SUFFERS WORST YEAR IN DECADES- Where's the bottom? printed Sunday March 22, 2008. The article can be seen in it's entirety electronically at Where's the bottom?
To go further, I think we are bottoming now. Many parts of the country are experiencing higher volume. Bergen County is also picking up. The market will eventually not be anything it seem it would be. That is the way it works!
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Richard
Franklin Lakes real estate, Bergen County New Jersey Home sales report for 2008. Franklin Lakes showed one of the larger unit volume declines of 60% from the high year of 2004. However, there was only a decline of 15.11% for median home sale price from the prior year which was the high year for median price. Data source is the New Jersey Multiple Listing Service.
Hopefully, we are see a bottom forming in this market now. For about 6 months or more Jumbo loans have been next to impossible. Loans to $1,000,000 were available from savings and loans, but the larger jumbo's were tough. Now we can get loans with lesser spreads for 30 year fixed you to $4,000,000. Franklin lakes has many high priced homes, which need jumbo loans in many cases.
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Richard
Information and data is believed to be true but not guaranteed
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REMAX Real Estate Associates Owner/President Realtor/Developer/Builder largest seller of new homes in Bergen County/Northern New Jersey. A must for luxury, new home buyers and sellers to meet.
Richard has sold real estate for thirty years in Bergen County, New Jersey. Richard earned many of REMAX top Awards for production including Platinum Club for 10 years in a row, Broker Owner Of the Year, Hall of Fame, and the Prestigious Life Time Achievement Award (selling over 1000 homes). Richard has designed/built/sold all or part about 550 new custom homes. Sold over 700 residential lots. Developed sold or leased many shopping center and office projects, Including CVS Pharmacies, Staples, and many, many other projects. Currently construction and sale of new luxury homes is my specialty.
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Current new homes available at: Alpine, Franklin Lakes, Hillsdale, River Vale Colonial Estates, Old Tappan, River Vale Cherry Brook Estates, Upper Saddle River, North Haledon, Woodcliff Lake Glen Estates, Saddle River French Estate, Wyckoff.
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I am a Developer, Builder and Realtor. I specialize in design, sale and construction of new luxury homes, I have developed and sold office buildings, shopping centers, condos, and hundreds of houses. My main geographic areas are Northern New Jersey, Bergen County, Pascack Valley, Northern Valley, Saddle River, Upper Saddle River, Woodcliff Lake, Hillsdale, River Vale, Old Tappan, Alpine, Norwood, Montvale, Allendale, Paramus, Township of Washington, Westwood.
Having a complete understanding of markets and their inter-relationships, it affords many advantages to my clients. Understanding construction and land development which includes NJ DEP regulations has enabled me do many real estate transactions that my competition has not been able to effectively compete.
REMAX of NEW JERSEY Broker/Owner of the Year REMAX International Life Time Achievementaward, selling 1000 homes
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