Real Estate Bergen County New Jersey | Homes For Sale

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 is trying to set it up now. It only a matter of time. Rising prices are the only way out. There will be some kind of credit amnesty to forgive the short sales and foreclosed people. It just a matter of time. FHA can't do it all!

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Have a market question? I would be glad to help!

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer

201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

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 spring selling season.

View our Bergen County New Homes

Have a market question? I would be glad to help!

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer

201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

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 Saddle River in some time. Specializing in new luxury homes and exquisite properties Richard gives very specialized services for the marketing of grand properties. Sale was made to a out of Country purchaser.

Need the real estate experience that Richard can bring, contact him for a private consultation.

See more Upper Saddle River Real Estate

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer

201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

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 viable consumers who can borrow.

The mortgage guidelines have to changed to take in account the foreclosures and shortsales that were market driven. I have been getting people who assets have been destroyed in the decline, however they are gainfully employed and have good income. At current prices they could afford to re-buy but are held out of the markets, by guidelines that stop them from borrowing by restriction. The credit scores should heal faster when a person works and pays all their other debts on time.

Fannie and Freddie should not restrict them from taking a new mortgage, if they qualify under regular income ratios. There would be many more homes and condos sold. The rental market is getting hit with high income tenants who have had their lives torn up by a bad real estate deal, not nescessarily there fault, but the fault of a failed financial experiment.

If the economy is going to get fix we must address things on a real time basis, considering the difference that have been imposed by the financial upheval created by the Clinton Administration starting back in 1999. See NY Times Sept 1999 article, President Bill Clinton insisting on lowering the credit standards for home ownership.   Barney Frank who pushed lowering credit standards and caused this mess. 

It takes as much effort and talent as it did to put us here to get us back!

Richard

  

Number one in new home listings in Bergen County! Fine your new home at-

Bergen County Real Estate.

Need to sell your home or real estate, your in the right place!

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

 

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 bedroom home sold for $1,550,000.

  

Number one in new home listings in Bergen County! Fine your new home at-

Bergen County New Homes Center.

Need to sell your home or real estate, your in the right place!

Old Tappan New Homes

All Old Tappan Real Estate for sale

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

email- richard@newhomesbyrichard.com
Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

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 become a site of a new home.

Number one in new home listings in Bergen County!
Fine your new home at Bergen County's New Home and Real Estate Center.

Need to sell your home or real estate, your in the right place!

Saddle River Real Estate all the NJMLS in one click!

See our Saddle River New Homes Saddle River Real Estate

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331
Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

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 electric year round than it needs to run heat, air conditioning, electric lighting, refrigeration and other household needs.

 

With experience in all types of home construction, including the state of the art application for the 21st century homes. In New Jersey, Geothermal and solar engery recieve tax credits which help offset the costs of these systems.

See Geothermal Drilling heat and air conditioning.

View our Bergen County new homes and surrounding areas.
Have a question? I would be glad to help.

Copyright 2010 Bergencountynewhomes.com all rights reserved

Glen Estates Woodcliff Lake, Bergen County New Jersey. Glen Estates 6 lot sub division, has now been completed. All the new home are sold and closed. This pre-sale contracted 4170 sq ft new home features brick, stucco and Hardi plank exterior with full trim windows and corners. The interior has custom kitchen, vanities, marble, tile and trim. The floor plan includes 5 br, 4.5 baths, two story great room and foyer. It is the final home to be finished and delivered. All designed, built and sold by Richard Stabile

Other new homes sites and homes available, work with an expert.

Number one in new home listings in Bergen County! Fine your new home at
Bergen County's New Home center.
Need to sell your home or real estate, your in the right place!

See more, we have 3 sub-divisions in Woodcliff lake, and other new homes in Bergen County Towns.

Woodcliff Lake Real Estate New Homes

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

River Vale Real Estate, another new home sold at Cherry Brook Estates. Developed, built and market by Richard Stabile. This home is approx 4200 sq ft, with 4/5 bed rooms and 4 bath on just over an acre. There is one more home to be built at Cherry Brook Estates. Above is a custom kitchen with granite tops and built in stainless steel appliances. To see more of Cherry Brook Estates New Homes or Colonial Estates River Vale new homes with more homes to be built.

Need to sell your home or real estate, your in the right place!

Bergen County Real Estate

Richard

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer 201 573 8811 ext 331
Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge.
Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008-2010 bergencountynewhomes.com, all rights reserved

I am not sure after hearing all the explanation about Thursday's stock market plunge. No one has come forward and admitted to the bad trade of 16 Billion instead of 16 Million theory. I don't think we needed one bad trade to do this. It seams that the NYSE circuit breakers slow down a fast selling market. However the computer system jumps to the Nasdaq to fill the trades. The Nasdaq being a secondary market in these stocks had very little liquidity and no circuit breakers. The market was trading very heavy in a strong declining wave, which was being blamed on Greece's financial crisis. I think this was another wake up call for all the computer sophistication that has not been fully worked out.

What does this mean? It means other then the fact that the exchanges must resolve their reciprocity, the markets themselves are turning down. Excuses or blame won't change the market direction.

With the Real Estate markets doing better lets hope that it doesn't get interfered with.

Have a market question? I would be glad to help!

Richard

View our Bergen County New Homes

REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer

201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !

Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!

copyright 2008 bergencountynewhomes.com, all rights reserved

Data source NJMLS deemed reliable not guaranteed.