What's the definition of "insanity"? Answer; doing the same thing over and over again, expecting different results. Today, The Washington Post reported, Homeowners redefaulting after getting aid. According to John Poirier's and Patrick Rucker's article, "more than half of mortgages modified in
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12/08/2008
Some FASCINATING statistics for November in Toms River, NJ: Statistics Summaries Report Category - SingleFamily / Area: TOM - TOMS RIVER TWP / County: OceanStatistics for Entire MLS from 11/01/2008 to 11/30/2008 Total Total List / Closed $ Avg List $ Avg Closed $ Avg DOM Median Price $ %SP/
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12/02/2008
It's 4pm(EST) and I have received no less than 3 e-mails alerting me to the Fed's decision to purchase X amount of mortgage backed securities and the subsequent effect this announcement has had on interest rates. Isn't technology wonderful? In order to verify this information, I went to Inman N
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11/25/2008
Within the last 2 weeks, I have been questioned by a couple of our better Listing Agents as to why our company does not list RENTALS. Apparently, there are a significant number of unsuccessful sellers in the Toms River, NJ, market that would like the "option" to rent their home if they cannot sel
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11/12/2008
COLDWELL BANKER FLANAGAN REALTY will participate in NATIONAL 10-DAY SALES EVENT Local Sellers Will Reduce Home Listing Price By 5 Percent; They Will Join Thousands of U.S. Home Sellers Who Reduce Their Listing Prices Between Oct. 10-19 Majority of Coldwell Banker Sales Associates Surveyed
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10/09/2008
"I don't want a "starter" home! I want the home I grew up in. I don't want to do any work and I'm only going to pay this much for it." --Today's First Time Homebuyer "Yes, I'm aware it's no longer a Seller's Market but I'm not going to give my home away!"--Today's Typical Homeseller "Buyers are
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10/01/2008
Welcome back, to school that is!In her wonderful article, Inside the Mind of the Consumer, in the September issue of REALTOR magazine, author Wendy Cole quotes a top Chicago broker as he answers the question, "What exactly are buyers and sellers seeking these days?" His answer:"Nordstrom service,
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09/04/2008
Today marked the return to the classroom for school children across Ocean County, NJ. By most accounts it was a long, dry, hot summer. Am I talking about the weather? An interesting analogy could be drawn between this past "Summer Break" and the Summer Real Estate Market here in Toms River... "We
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09/03/2008
NAR Releases June's Housing Market Report:The National Association of Realtors recently released their housing numbers for June 2008. Here's a brief synopsis: Nationally; sales were down 16.4% and prices were down 7.9% versus June 2007 Northeast; sales were down 19.9% and prices were down 3.0% "
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07/30/2008
and so, misperception is fantasy?According to most of the major news sources; Fannie Mae and Freddie Mac are on life support and Indy Mac should be tried as a war criminal. Combined with the current price for a gallon of gasoline and the "weakness" of the U.S. dollar, one would be INSANE to buy
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07/17/2008
