Camden County NJ Homes For Sale and Residential Market Statistics for 2009
Information gathered from TReND MLS

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2009	459	102,087,061	222,411	241	284	52,515,662	184,914	100
Nov 2009	615	123,565,590	200,919	263	463	87,927,467	189,908	97
Oct 2009	811	169,917,997	209,516	425	450	85,090,306	189,089	85
Sep 2009	835	183,834,595	220,161	433	349	66,763,106	191,298	90
Aug 2009	859	168,283,806	195,906	411	408	84,921,945	208,142	93
July 2009	912	203,762,448	223,423	428	458	100,430,779	219,281	95
June 2009	913	207,539,355	227,315	454	426	89,242,860	209,490	90
May 2009	888	194,684,690	219,239	394	355	72,850,460	205,212	94
Apr 2009	904	187,492,467	207,403	426	287	53,543,108	186,561	103
Mar 2009	942	214,398,707	227,599	333	273	51,168,393	187,430	99
Feb 2009	752	162,269,527	215,783	296	251	46,699,894	186,055	99
Jan 2009	843	174,298,290	206,759	293	177	32,021,546	180,912	92
Totals:	9733	2,092,134,533	214,952	4397	4181	823,175,526	196,884	94

 

Average Prices
Original List Price: $217,207
Sold Price: $196,884

 

 

        

The following are the Market Statistics For Gloucester County NJ Residential Homes Sales for 2009

Information Gathered from TReND MLS

Monthly Statistics

Date	Units Listed	Listed Volume	Listed Average	Pended	Units Sold	Sold Volume	Sold Average	Average DOM
Dec 2009

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Burlington County NJ Homes For Sale and Market Statistics for 2009

Information Gathered from TReND MLS

 

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Stimulus Saved or Created at Least 1.5 Million Jobs in 2009

By Don Lee and Jim Tankersley

 RISMEDIA, January 18, 2010—(MCT)—The Obama administration, offering evidence that its much-maligned efforts to spur economic recovery have begun to take hold, estimated recently that the $787 billion stimulus program saved or created 1.5 million to 2 million jobs during 2009.

These latest calculations by the White House Council of Economic Advisers are certain to be challenged, but the employment and economic impact of the stimulus cited in the new report are generally in line ...

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(Edison, NJ) The turn of a new year comes with both question and promise regarding New Jersey real estate. To prepare for the year ahead, the New Jersey Association of REALTORS® (NJAR®) has assembled a list of ten facts regarding the current state of real estate to offer some perspective on what to expect in 2010. "NJAR®'s quarterly housing statistics over the past year have generally indicated home sales rising and prices stabilizing throughout the state," said NJAR® 2010 President Judy Appleby. "These increases in buyer activity should spur further confidence in Garden State housing. Plus, expiration ... << MORE >>

$8,000 First-time Home Buyer Tax Credit at a Glance

• The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
• The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
• The tax credit is equal ...

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So I have a buyer that I helped find the perfect house! What’s next?

If my buyer asks me for a recommendation for a loan officer, I can help by offering them a few choices.  This is a critical step to the purchase going smoothly and ending up with a happy client. Inevitably a happy client is always my goal. This brings referrals and friends. The best type of business is referrals! It shows that I’m doing my job well.

Keep tabs on the mortgage process, ask questions to the loan officer as to how the process is going, any snags, red flags on the horizon? If you feel that you are not getting verbal responses, put your questions in an email, ask for a written response. You then have something to show if something along the way does not work out. Make contact at least once per week. I would say 2 times per week is ideal. (I don’t mean voice mail either)

When the loan officer asks you for more information whether it be pay stubs, statements etc…be ready to get it to them quickly. Allow NO EXCUSES on the loan officer’s part.
If you feel that your loan is not being processed properly, ask for the loan officer’s supervisor to step in.                      

Some brief points.

1.  Initial contact – Ask what is to be expected, how long it will take and if they feel the closing date will be an issue. 30 days seems to be a number most can deal with.
2. Have everything the loan officer needs prepared and ready to go.
3. Ask about points, rates, term, etc…
4. Ask if there is an application fee and if the loan fails will it be refunded..etc…

I’m not a mortgage or a loan officer so I cannot give out much advice on this subject. However, I am a Realtor® that knows how important it is when buying a house that you choose the correct people to help you. There is nothing worse in the real estate world than finding your dream home and having a third party mess up the deal.

 

        

Selling Your High End or Luxury Home in Gloucester County, Camden County and Burlington County NJ ...<< MORE >>

Every once in a while I come across a great post. The following, I did not write, however if I did write a post on why a home does not sell, this is EXACTLY what I would have written. I am RE posting this to help potential sellers and people just looking for tips to sell their house.

Six (6) Reasons Your House Did'nt Sell
by Alan May, Coldwell Banker Evanston Realtor, North Shore Realtor

1. Your photos are unimpressive. The vast majority of home buyers start their search for a home on the Internet, your house had ...<< MORE >>

Before I start, I would just like to add I little disclaimer *the views I am about to make are simply things I SEE, day to day, the comments I hear from buyers, the worries from sellers and the simple reasons that I feel some homes don’t sell. (it’s not always the market folks and it’s not always the Realtor® either).

I always stay in contact with my sellers and buyers. If you can’t make at minimum one phone call a week to give a status report to your seller/buyer, you’re in the wrong business. This business is built on communication. It’s that simple. It is important for your Realtor® to give you what we call FEEDBACK. Positive or not, you need to know. Please listen to them. Don’t lash out at them as they are trying to help you sell your home when they give you honest feedback. Remember, we don’t get paid until we sell your home.

First impressions are very important. When an agent walks into a home with their buyer, they WANT to sell your home, if they are not showing your home with the idea of selling it, they’re wasting their time and yours.

Let us start out on the cheap here…

1.      Are your walls dirty? Clean them, it makes everything seem brighter…a day’s worth of work, and there you go. How much could that cost?

2.      PAINT the walls if needed, NEUTRAL colors. I’m not saying the entire house either. Talk about bright! Paint changes everything folks, it makes the house smell new too. A couple days of work..average size house doing it yourself….$200 maybe….and that’s for the good paint.

3.      Clean the carpets..$200 make sure they deodorize them.

4.      One of the most important features of the home -The K I T C H E N! I recently sold a home in Blackwood, NJ that was well kept throughout, the seller totally trusted me and did everything I asked. A little touch up paint, not much needed… I sold the home in 28 days for more than ANY other house in the same development. With so many houses in the area and my clients costing more than most, my client turned to the buyer at settlement and he just had to asked the buyer, “why my house”? the buyer turned to him and said , “Your Kitchen is Beautiful.” Wow…THAT’S FEEDBACK! Here is that kitchen.  The moral..it doesn’t have to be a huge kitchen nor does have to be worth $50,000, just a nice, well kept modern kitchen.

                                                                                                                   
5.      Bathrooms – We all spend a lot of time in our bathroom. Next to the kitchen, it is the most used room in the house. Why don’t we treat it like that? With a little updating in the bathroom such as towel racks, new mirror, some paint…these little things could go a long way…trust me, I hear it all the time…clients saying “we would have to rip out the bathroom, lets pass to the next house”.

One very important final note.

You may not need to do any updating or fixing, but take a good look around, be honest with yourself. Is there clutter, dog smell, dirty walls, holes in the wall…is your house out of date? These things can cost someone selling a house a good, reasonable offer and they all add up.

Thanks for reading.
Dave Sulvetta REALTOR-Associate
Cell 856 889-8163
Century 21 Hearst
Camden County NJ Realtor, Camden County Real Estate, Gloucester County Realtor, Gloucester County Real Estate, Burlington County Real Estate

http://www.davesulvetta.com/
http://www.camdencountyrealestatenews.com/
email; dave@davesulvetta.com
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