Currently viewing the category: "NJ Real Estate Report"

On July 15, 2010 (75 FR 41217), HUD issued a notice seeking comment on three initiatives that HUD proposed would contribute to the restoration of the Mutual Mortgage Insurance Fund (MMIF) capital reserve account. On September 3, 2010 (75 FR 54020), HUD published a follow-up final rule implementing the proposal to introduce a minimum credit [...]

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According to Fannie Mae’s most recent monthly survey, the upward trend in housing market sentiment has continued. Respondents in its January survey believe home prices will rise by 1 percent over the next year, an improvement over the 0.8 percent gain predicted in December. Additionally, 44 percent of those responding to Fannie Mae’s [...]

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photo credit: dlofink 

NJ Real Estate Market Forecast 2011: Cloudy with a Change of Selling

I have been in the real estate sales business for 5 1/2 years. When I first started selling real estate, the market [...]

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Rumors are circulating on the net about a 3.8% federal sales tax on real estate transactions as part of the Obama health care bill.

The new tax is a 3.8% medicare tax on certain types of unearned income and will apply to certain types of real estate transactions. For example, if someone has to [...]

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The following article will detailed my predictions for the Union NJ real estate market and answer some of the common questions buyers and sellers have when it comes to buying or selling in Union, NJ.

The problem with forecasting the real estate market in any town or city in NJ is that we rely on the [...]

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