The Real Observer

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Real Estate Broker/Owner - RealWorks Residential
An excellent post from an Attorney regarding how recent changes have streamlined the foreclosure process that in some cases could force the homeowner to lose their home in 100 days. The key point for those in this unfortunate situation is: don't procrastinate. Recently several borrowers have stat...
I read an interesting article this morning on Yahoo! News that pointed to a significant decline in the number of people who are not using credit cards. In fact, currently about 62 million people use credit cards, compared to about 70 million people last year. Although this decline is attributed i...
Our office has recently listed a great, commerical property in the heart of Englishtown/Manalapan. Please feel free to contact Jeremy Gryvatz for additional information: jeremy@realworksres.com54 WILSON AVENUE MANALAPAN-ENGLISHTOWN NJ 07726 (WILSON AVE AKA ROUTE 527) I listed this commercial prop...
For buyers, obtaining pre-approval is crucial in today's market. Given that money supply is tight, and the confidence of lenders in the housing is not much, knowing how much you can finance is very important. This post by an associate of mine may be common sense, but it's quiet relevant in this m...
This morning I read an article in the latest issue of REALTOR magazine, by Lawrence Yun, NAR's chief economist (and an economist for all who are in the industry) about why some buyers are still waiting to buy homes. Given that we are experiencing record-low mortgage rates nationally, it's crucial...
Please take a look at these home sale statistics for select towns/municipalities in Monmouth County. The data was taken from the MLS by one of my associates, Jeremy Gryvatz. I looked at the diffence in sales between last year at this time and this year. I compared the dates between November 08-09...
Despite challenges in the housing market and the economy, nearly eight in 10 Americans still believe buying a home makes good financial sense. This is according to the National Association of Realtor's (NAR) 2010 Housing Opportunity Survey. "The survey, which measures how affordable housing issue...
If you're looking for the most bang for your buck in Manalapan, New Jersey and wish to be in a brand-new house, this is a property for you. The home is in a great location and offers 3,600 sq ft with 4 bedrooms/2 full baths/2 half baths. Plus, it's situation on a .6 acre lot, has a 2 car garage, ...
Today's story on Asbury Park Press is a good read for those of you wondering, just how absurd banks were acting at the height of the recent housing boom. Meet David Findel, a former high-net worth CEO of a Marlboro, NJ based Worldwide Financial Resources. Just a few days ago, Mr. Findel pleaded g...

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