Our Fearless Leaders.

Can't make this up....

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Home Crisis Investigation
http://www.thedailyshow.com/
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Cash For Klunkers.

True Story: My 82 year old grandmother was going to turn in her fifteen year old gas guzzling American made Ford with a book value of $1200 and get the $4500 rebate....Isn't America great!!....being the last day she was all set to drive the beast down and drive away in a green machine. Problem is dealers stopped taking them because they couldn't process the paperwork in time. Being another well thought out governmental plan...is this a surprise?

Why am I telling you this? ...Think first time homebuyer credit. Head the following words.

IF YOU ARE NOT IN CONTRACT IN THE NEXT 30 DAYS. YOU WILL NOT GET YOUR CREDIT.

do the math.....For all the readers without an engineering degree....avg 60 days to close. Last day to close is December 1. But wait there's more.... Thanksgiving is the 26th. So no business is getting done Wednesday the 25th, Thursday the 26th, Black Friday the 27th, Saturday the 28th, Sunday the 29th. That leaves two days. Banks and Lawyers can't change a light bulb in two days. Thus, if you are not closed by the 24th of November....like they say in New Jersey.....Fuggetaboutit.

Hoboken Real Estate Condos

Under contract first 24days of august 53

Information deemed reliable but not guaranteed

Wiggle Your Nose.

Part of the really great thing about being a realtor is the anthropological studies that can be done on the microcosm called RENTERS. Recently, I had a hilarious look into the microscope. I was showing a client condos for sale. Most were occupied by owners and kept clean. (even that one at the sky club that smelled like baked on Marlboros)

Then we hit the short sale with a tenant. I wonder if the tenant even knows that the landlord probabaly isn't paying the mortgage? Bad enough its a short sale with a tenant, but it is a mess. Freakin disaster. (And they say guys are messier....hello.) So we are walking out the door and gossiping about the mess....Bam around the corner walks the tenant...Now I wanted to burst out laughing that we'd just got busted...but the tenant says..."I thought you weren't coming until 7 and I was coming home to clean." In many circumstances, I would feel really stupid, but it was past 7 when we were leaving.... I guess this tenant has The Bewitched powers to wiggle her nose and the room cleans itself in 30 seconds....

If she only had time to wiggle her nose on her way out the door that morning....LMAO.


Hoboken Real Estate Condos
525 Available 3BR 69
Information deemed reliable but not guaranteed

Deal. No Deal

Seems the auction prices varied wildly from one to the other.

From an acution attendee...

1300 Park Auction -All units were absolute

Bidder’s Order With 10%Price SoldPremium
2A 3 BD/2Bth 919sqft $340,000 8 $374,000 $406sqft
2B 2 /BD/2Bth 889sqft $345,000 6 $379,500 $426sqft
3A 3BD/2Bth 919sqft $355,000 7 $390,500 $424sqft
3B 2/BD/2Bth 896sqft $390,000 4 $429,000 $478sqft
4A 3BD/2Bth 919sqft $360,000 5 $396,000 $430sqft
4B 2/BD/2Bth 896sqft $425,000 1 $467,500 $508sqft
5A 3BD/2Bth 919sqft $425,000 2 $467,500 $508sqft

5B 2/BD/2Bth 896sqft $410,000 3 $451,000 $503sqft

5th & Jackson I think all of these were 2 bed 2 bath----sorry don’t remember
02 Units have patios – Pkg $15,000 (5 sold with parking)
1st 3 were sold absolute- Last 3 with reserve.

Unit Bidder’s With 10% Order Price w Parking
201 1162sqft $317,500 $273sqft
202 1510sqft $323,000 $213sqft
301 1162sqft $323,000 $277sqft
302 1510sqft $325,750 $215sqft

401 1162sqft $315,020 $271sqft
402 1510sqft $323,000 $213sqft

Hoboken Real Estate Condos

525 Available Condos
Price changes in August

22 rentals 55 condos

Information deemed reliable but not guaranteed

Supersize Me

There are 69 three bedrooms available in Hoboken. Wow. Can you believe it. They are not moving. 25 of the under $700k and that's just the ask not the friends and family price.

I proclaimed in the quarterly report......People are going to be kicking themselves for missing this opportunity.

Hoboken Real Estate Condos Under contract in August
7 2br
4 1br

Information deemed reliable but not guaranteed

July's Numbers

All Hail Ceasar! The July numbers are here. Disturbing that the condos under contract are only 32, just wait for that trickle down effect. See how they compare to last quarter's numbers with the Hoboken Real Estate Report avialable for free at www.hobokenhomefinder.com

Sold 57:

Under contract: 32

Avg Dom 90

Avg sale price $469,498

1 BR 17

2 BR 36

3Br 4