Hoboken and Jersey City are not immune to the foreclosure wave that has been sweeping across the U.S. over the past 2 years. Realty Trac, the leading online marketplace for foreclosure properties released its Year-End 2010 U.S. Foreclosure Market Report™ which showed 3,825,637 foreclosure filings-default notices, scheduled auctions and bank repossessions which was an increase [...]
Archive for the ‘How’s the Market?’ Category
Hoboken & Jersey City Distressed Property Numbers and How to Prevent Becoming One
January 14th, 2011 
EddiePerez 
Posted in Hoboken Homes, Hoboken Market Statistics, Live in Hoboken 
Tags: 07030, foreclosure prevention Hoboken, foreclosure prevention Hudson County, foreclosure prevention Jersey City, Hoboken condos, Hoboken distressed properties, Hoboken Homes, Hoboken Properties, Jersey City condos, Jersey City distressed properties, Jersey City homes, Jersey City properties 
No Comments »Hoboken Condo Appraised for Less Than You Thought?
January 12th, 2011 EddiePerez When counseling buyers and sellers on their Hoboken metro area real estate, I prepare them for what is becoming a somewhat common occurrence…..the low appraisal. That’s a situation where an appraisers estimation of value for a particular property is lower than the accepted offering price. For instance an offer is accepted for $550,000 but the [...]
October 2010 Hoboken Condo Sales Statistics
November 3rd, 2010 EddiePerez Here are the final sales figures for October 2010 compiled using the Hudson County Multiple Listing Service. How’s the real estate market in Hoboken? I’m often asked this question. My answer.. “that depends if you’re a buyer, seller, renter or investor!” In the October 2010 condo statistics, signed contracts for Hoboken condos were down 45.8% [...]
Posted in Hoboken Market Statistics Tags: condos, eddie perez, Hoboken, Market Statistics, October 2010 No Comments »Hoboken House Tour is this Weekend
October 20th, 2010 EddiePerez Hoboken, New Jersey – The annual Hoboken House Tour is this Sunday, October 24th, 10am to 4pm. A truly fun and unique event where kind Hoboken homeowners open their doors to benefit the Hoboken Historical Museum. Now regarded as one of the five “Grand Tours” in the Northeast by This Old House magazine, tour goers [...]
April 2010 Hoboken condo sales statistics
May 15th, 2010 EddiePerez By Eddie Perez, Broker – REALTOR Here are the final Hoboken condominium sales figures for April 2010 compiled using the Hudson County Multiple Listing Service. No fooling around this April as Hoboken’s overall condo market showed positive results in all sales categories compared with those of April of 2009. Total property sales, contracts signed, total [...]
Posted in Hoboken Homes, Hoboken Market Statistics Tags: April 2010, eddie perez, Hoboken Condo Statistics, MLS, Realtor No Comments »December 2009 Hoboken Condo Sales Statistics
January 6th, 2010 EddiePerez Here are the final sales figures for December 2009 compiled using the Hudson County Multiple Listing Service. Sales volume for Hoboken condominiums were way up but average and median prices were both down, according to year over year data for the month of December. The number of closed sales exploded 127%. There were 66 closed [...]
Posted in Hoboken Market Statistics Tags: December Hoboken Condo Statistics, eddie perez, listings, MLS, Realtor No Comments »MONDAY MORNING HOBOKEN CONDO MARKET STATS
January 26th, 2009 EddiePerez Weekly statistics 1/18/09- 1/25/09 The Hoboken condo market continued with a sluggish sales pace last week with only 7 firm accepted offers, none with an asking price above $549,900. Average asking price was $424,082. News came out today that existing home sales unexpectedly rose 6.5 percent in December to an annual rate of 4.74 million [...]
MONDAY MORNING HOBOKEN CONDO MARKET STATS
January 19th, 2009 EddiePerez Weekly statistics 1/11/09- 1/18/09 We had a very cold week in Hoboken. Just ask the passengers of the US Airways flight that landed safely in the Hudson River. I happened to be traveling to Seattle that day, the same ultimate destination of that flight, otherwise I might have witnessed the landing from my living room [...]
MONDAY MORNING HOBOKEN CONDO MARKET STATS
December 22nd, 2008 EddiePerez Weekly statistics 12/14/08- 12/21/08 Ok….we are chugging along. The condos are not exactly flying off of the market however we remain a market full of opportunities for savvy buyers and investors. Rates had hit 37 year lows as well. I have seen 30 year fixed rate conforming loans (up to $417,000) for borrower with good [...]
MONDAY MORNING HOBOKEN CONDO MARKET STATS
December 15th, 2008 EddiePerez WEEKLY STATISTICS 12/07/08- 12/14/08 We are definitely in the seasonal slowdown for condo purchases as we enter closer to the holidays and new year. It’s a great time to seek excellent values. Also, mortgage rates have become even more affordable. Here is last weeks stats. FIRM ACCEPTED OFFERS: The Hoboken condo market had a total [...]
