Archive for Market News
NJ Tax Credit for 2010
If you are not aware of it yet, New Jersey Assembly passed a tax credit bill in May for new homeowners. New homeowners purchasing a home in 2010 will be eligible for a tax credit worth either $15,000.00 or 5% of the purchase price, whichever is less. This will be spread over a 3 year [...]
Bank of America Relief Program
Bank of America announced that it is going to forgive the principle on loans originally financed from Countrywide under specific lending programs. In order to qualify for this program, you have to have missed 2 payments and owe 20% or more than your home is currently worth.
It will be interesting to see how long this [...]
This Month In Real Estate May 2010
Where does NJ and PA rank in unemployment & foreclosures?
Some areas are affected more than others but to see how we in NJ and PA areas compare to the rest of the country click the link to view a map posted on CNNMoney.com
This Month In Real Estate March 2010
National Take on January 2010 from NAR
According to NAR “Existing Home Sales-Down, Prices Steady” is the title and seems to say plenty. How does our local market compare to National Results? Check my previous post on our local market conditions.
January 2009-2010 Camden, Burlington, Gloucester County Market Comparison
CAMDEN COUNTY
Year         Sales          Inventory       Months Supply
2009Â Â Â Â Â Â Â Â Â Â Â Â 273 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3836 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 14:1
2010Â Â Â Â Â Â Â Â Â Â Â Â Â 261 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3750 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 14:4
BURLINGTON COUNTY
Year         Sales          Inventory       Months Supply
2009Â Â Â Â Â Â Â Â Â Â Â Â 214Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3612Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 16:9
2010Â Â Â Â Â Â Â Â Â Â Â Â Â 260Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â [...]
