Real Estate Market Timing,Psychology and Analysis

By
Real Estate Agent - REMAX real estate associates
A commentary and analysis on market psychology and timing. Being a Remax owner for 20 years and selling real estate for over 30 years, I have followed the markets closely. Along with Elliott wave theory and various indicators I have called the top in 1987 and the bottom in 1991/92 along with the top in 2005. I am now predicting a probable bottom here in 2009 in our local Bergen County New Jersey markets along with ideas on our national markets.
RECENT BLOG POSTS
Upper Saddle River, Bergen County New Jersey, East Crescent Estates Condominiums Investor units available, fully rented. Financing available to quailified buyers with 20% down payment. From $569,000 to $599,000 with 3 bedrooms and 3.5 baths 2 car garages, the units are nicely trimmed and included...
Posted about 3 years ago
With hugh amounts of  money in the system, when are they going to give it away again? I got a call last week about 10% down commercial money. I don't know what the programs will be yet, but it is going to happen. There will be a little here a little there, but the gates are going to open. The Fed...
Posted over 3 years ago
Bergen County homes under contract are trying to hold their lows. After a good spring the seasonal pressures are weighting down volume. Holding last winters low is an important technical pivot to next springs outlook. Declines in prices and low interest rates are possible fuel to having a good sp...
Posted over 3 years ago
22 Pembroke Trail in Upper Saddle River marketed by Richard Stabile sold and closed in highest and best bid sale. This 8800 sq ft. approx home, plus finished basement, having the finest finishes brought in $2,900.000 with the interior lighting and window treatments. The highest sale in Upper Sadd...
Posted over 3 years ago
Back in March of 2009 I wrote " Credit Challenged Society", with all the foreclosures and shortsales and the like who would be left to buy. It is said that 25% of the houses are in some stage of foreclosure or not being paid as intended. The economy can not get traction with 25% of the people not...
Posted over 3 years ago
Many years ago I sold my own house in the late 80's market by a lease purchase. It was a tough market with the savings and loan crisis. The idea is to get a deposit on the purchase up front and lease payments, basically rent over a period. In many cases some rent will be applied to the purchase p...
Posted over 3 years ago
  Another new home sold and closed in Old Tappan by team member Antoinette Gangi. With some interior design help from Richard, this home was sold while being constructed.  Antoinette is a high energy Realtor in our new home team. Located at 159 Birchwood Rd. in Old Tappan, this new 4874 sq ft, 5 ...
Posted over 3 years ago
It seems that the home buyer tax credit had put a bid in the real estate market this past spring. Most markets since have slow down considerably. Yes, it was spring the strongest season and it pulled many buyers out early, but you can feel the difference in the lower end of the market. If the low...
Posted over 3 years ago
Most lots in Saddle River are zoned 2 acres minimum. This lot in on a very prestigious street, is approx. 2.32 acres and sold for $1,800,000. Sold in a Bankruptcy sale, It went to the highest bidder without contingencies. Listed and marketed by Richard Stabile the property is now being ready to b...
Posted over 3 years ago
New home under construction in Upper Saddle River, construction management by Richard Stabile. This new green home will have state of the art Geothermal heat, air conditioning and solar electric power. The home will generate more electric power than it uses. The solar power will generate more ele...
Posted over 3 years ago
Rainmaker
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Richard Stabile

Bergen County New Homes Builder Realtor
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