via The New York Times - According to data from the National Association of Realtors, the number of existing homes sold in 2016 was the highest in a decade: 5.45 million single-family houses, townhouses, condominiums and co-ops were sold, up 3.8 percent from 5.25 million in 2015. The previous high, in 2006, was 6.48 million. All but the… Continue reading More Homes Sold, Fewer Available
Tag: new jersey real estate
Seeking 1st Time House Flippers for TV Show
Are you about to dive head first into the world of House Flipping? Are you a FIRST TIME FLIPPER? We'd like to follow you in your venture to turn a disaster home into a money maker. Let us chronicle the highs and lows of your renovation. Where are you going to get your biggest return… Continue reading Seeking 1st Time House Flippers for TV Show
New Jersey’s Real Estate ICONS
The Garden States commercial real estate business has a long and vast history and an even brighter future. Neither, however, would be possible without the efforts of individuals who helped shape—and continue to influence—the market. Here’s a look at some of the people who have become regional household names in the industry. By Sarah Wolfe/… Continue reading New Jersey’s Real Estate ICONS
Award-winning 40 Park Helping Transform Downtown Morristown
via Multi-Housing News Online/Jeffrey Steele, Contributing Writer Morristown, N.J.—Four years ago, the former Epstein’s Department Store in downtown Morristown, N.J., was given new life as 40 Park, an upscale, mixed-use development featuring more than 200 luxury condominiums and rental residences, 66,000 square feet of retail space and an 800-space public parking garage. In the years… Continue reading Award-winning 40 Park Helping Transform Downtown Morristown
Plan for population growth in our cities rather than suburban, rural towns
Written by Peter Kasabach | New Jersey Future/ Daily Record When it comes to planning and redevelopment, New Jersey is friendlier to the environment than many states. After decades of uninterrupted suburban sprawl, we have come to recognize that our small, densely populated state cannot sustain this sort of growth any longer without doing grave… Continue reading Plan for population growth in our cities rather than suburban, rural towns
WSJ: Mortgage Rates Fall, Extend Record Lows
By NATHAN BECKER Mortgage rates fell in the past week, with the average rates on 30- and 15-year fixed-rate mortgages further extending record lows, according to Freddie Mac's weekly survey. Rates have been at or near record lows as the Treasury market has rallied amid stock-market volatility, pushing yields lower. Mortgage rates generally track Treasury… Continue reading WSJ: Mortgage Rates Fall, Extend Record Lows
Morristown FYI 