I am sitting at La Bouche Cafe Hoboken, about to enjoy this crepe when I thought to myself, this looks too good I have to share with my readers!
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| Fruit Crepe from La Bouche |
A Hoboken and Jersey City Real Estate Blog by Karina Abad, realtor at Keller Williams Towne Square. Real estate market news, condos, homes and brownstones, buying and selling tips and local community info.
Friday, April 13, 2012
Biggie's Clam Bar - Open's New Location in Hoboken
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| Clams On The Half Shell |
After the unsuccessful re-opening of The Historic Clam Broth House, Biggie's has taken over and is received with a warm welcome.
Today's lunch hour had a 15 minute wait time! I'm told customer service is excellent and the portions are a-plenty as the Biggie's you've grown to love.
What's better? This Biggie's location also has a bar and I'm hoping that they will add to their famous fresh clams (and now Oysters) perhaps a little raw bar for the summer..?
Personally I love mine with some horse radish and ice
cold beer.. ahhhh summer's almost here!
The new Biggie's Clam Bar location is 42 Newark
St between Hudson and River Streets.
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| Biggies French Fries |
Saturday, April 7, 2012
Happy Easter 2012
Happy Easter!
Maybe it's the girl I am, but I just love Easter colors, Easter candy and most of all Easter eggs! And over the years I've noticed that decorating Easter eggs has taken on it's own life and turned into an art form..
One of these years I'll buy dozens of eggs lock myself in a room, and see what I can come up with.. Thought I'd share these lovely images with you!
Have a great weekend
Friday, April 6, 2012
Hoboken Mortgage Rate Update - April 6th, 2012
A Hoboken Mortgage Rate Update For Hoboken Buyers April 6th 2012
Courtesy Of Michael Mundy - Pinnacle Mortgage
REVISED April 6th, 2012---12:30 PM ET
Lock Period = 30 Days
CONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)
30 YEAR FIXED ------------------------
15 YEAR FIXED-------------------------
5 / 1 ARM---------------------------
7/1 ARM ------------------------------
*All quotes are with 0 points
*Investment Properties --- ** Add 1.75 points (if 25% down)**
*There is a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV*
*Investment Properties --- ** Add 1.75 points (if 25% down)**
*There is a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV*
CONVENTIONAL HIGH BALANCE CONFORMING FIXED RATE LOANS (loans greater than $417,000, but less than $729,500)
30 YEAR FIXED ------------------------
15 YEAR FIXED ------------------------- 3.500%/ 3.598% APR
** Loan amount restrictions based on county and property type. Cash-out refinances over 60% LTV not allowed.***There is a rate increase for condominiums over 75% LTV***
CONVENTIONAL JUMBO LOANS (Fixed rate programs greater than high-balance conforming, ARM programs greater than $417,000 up to $1,000,000 loan amount)
30 YEAR FIXED-------------------------
30 YEAR FIXED INTEREST ONLY-- 5.000%/ 5.089% APR
15 YEAR FIXED-------------------------
5 / 1 ARM---------------------------
15 YEAR FIXED-------------------------
5 / 1 ARM---------------------------
7/1 ARM ------------------------------
** All non-conforming loans need to be discussed in detail
** All non-conforming loans need to be discussed in detail
** ARM rates on jumbo products could be lower with a 25% down payment or more
** There may be a rate add-on for condominiums and multi-family homes
**Please call for rates on loans over $1 million or rates on FHA loans**
Total Fees Charged By Pinnacle Mortgage, Inc.
$395.00 -- Application Fee (Includes Appraisal, Lock-in, Credit, Flood & Processing)
$395.00 -- Commitment Fee (Wiring Funds, Attorney Review & Doc Preparation)
I'll post Hoboken Mortgage Rate updates here or you can check out Pinnacle's sight for more info on mortgages
Jersey City Real Estate Market Update - March
My Jersey City Real Estate Market Update - March ReportBelow is a monthly recap of the current state of the market to keep you up to date on activity.
SALES
For the month of March downtown Jersey City saw a total of 29 units close. From the lowest asking price, a 672 sq ft one bedroom short sale at 366 1/2 7th Street with a list and sale price of $199,900, to the highest asking price of $799,000 for a 3 bedroom 2 bath, 2000 sq foot duplex with a sale price of $755,000.
The Median List Price for units sold was $425,000 and the Median Sale Price was $414,000.
Median Days On Market was 73 days.
PENDING
For the month there are a total of 56 units waiting to close. From the lowest asking price of $199,000 for a 630 sq foot one bedroom at 515 Jersey Ave, to the highest asking price of $1.075,000 for a 3 bed 2 bath duplex plus loft at 15 Warren Street.
The Median List price for units pending was $421,000 and the Median Days On Market was 48 days.
Search Jersey City real estate condos for sale and check back here every month for market updates!
Hoboken Real Estate Market Update - March
My Hoboken Real Estate Market Update For March is up
SALES
For the month Hoboken saw 39 units close. From the lowest priced unit, a junior one bedroom at 637 Garden with a list price of $209,000 and a sale price of $197,000 to the highest asking price at 1125 Maxwell Place, a 2 bedroom 2 bath unit #340 with an asking price of $1.352995 and a sale price of $1.300000.
The Median List price for units closed was $415,000 and the Median Sale price was $400,000.
The Median Days On Market was 59 days.
PENDING
For the month in Hoboken Real Estate there are a total of 71 units waiting to close. From the lowest asking price of $199,900 for a junior, 405 sq ft one bedroom at 109 Harrison St to the highest asking price of $2.195,000 at The W Residences, Unit 2003 offering 2375 sq feet and 3 bedrooms, 3.5 baths.
The Median List price for units pending was up from units closed, at $449,000.
The Median Days On Market was down from units closed, to 30 days.
Warm weather, improved economy bringing out homebuyers and sellers this Spring - article NJ.com
Check back every month for Hoboken real estate market updates! Search for Hoboken homes for sale on my website
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| Hoboken Clock 10th Street |
SALES
For the month Hoboken saw 39 units close. From the lowest priced unit, a junior one bedroom at 637 Garden with a list price of $209,000 and a sale price of $197,000 to the highest asking price at 1125 Maxwell Place, a 2 bedroom 2 bath unit #340 with an asking price of $1.352995 and a sale price of $1.300000.
The Median List price for units closed was $415,000 and the Median Sale price was $400,000.
The Median Days On Market was 59 days.
PENDING
For the month in Hoboken Real Estate there are a total of 71 units waiting to close. From the lowest asking price of $199,900 for a junior, 405 sq ft one bedroom at 109 Harrison St to the highest asking price of $2.195,000 at The W Residences, Unit 2003 offering 2375 sq feet and 3 bedrooms, 3.5 baths.
The Median List price for units pending was up from units closed, at $449,000.
The Median Days On Market was down from units closed, to 30 days.
Warm weather, improved economy bringing out homebuyers and sellers this Spring - article NJ.com
Check back every month for Hoboken real estate market updates! Search for Hoboken homes for sale on my website
Saturday, March 10, 2012
Downtown Jersey City Real Estate Market Update
My Downtown Jersey City Real Estate Market Update - this is the February Report
Sales
For the month of February Downtown Jersey City reported 30 sales for the month. Up from January's 13 sales.
From the lowest priced unit at 234 6th Street a 411 square foot one bedroom with a list price of $174,900 and a sale price of $174,000, the the highest priced unit at 15 Warren Street, a 3 bedroom 2.5 bath duplex with a list price of $949,000 and a total of 9 bidders, sold to the highest bidder at $965,000 CASH.
Median list price for units closed was $422,500 and the median sold price was $412,500. The median days on market was 56 days. Up from January Median list price of $414,500 and the Median sale price of $407,500.
Pending
43 Units reported pending and are waiting to close. From the lowest asking price of $199,900 at 366 1/2 7th Street for a 672 square foot 1 bedroom 1 bath, to the highest asking price of $769,000 at 2 2nd Street for a 3 bedroom 2 bath 1465 square foot penthouse.
Median list price for these units pending was $400,000.
Downtown Jersey City's current inventory is showing just 230 units active. Pent up demand for quality properties is putting pressure on buyer's as more and more units are seeing multiple bids.
This is a good sign for the real estate market as more inventory is absorbed. There is still a small percentage of short sales available however that will lag the market time in this area until those units are purchased. It's difficult to determine the true median prices and days on market due to this factor in the market.
The weather has also helped by leading buyers to purchase earlier than they typically would in the Spring. We anticipate the trend to continue higher through the second quarter.
Check back next month!
Sales
For the month of February Downtown Jersey City reported 30 sales for the month. Up from January's 13 sales.
From the lowest priced unit at 234 6th Street a 411 square foot one bedroom with a list price of $174,900 and a sale price of $174,000, the the highest priced unit at 15 Warren Street, a 3 bedroom 2.5 bath duplex with a list price of $949,000 and a total of 9 bidders, sold to the highest bidder at $965,000 CASH.
Median list price for units closed was $422,500 and the median sold price was $412,500. The median days on market was 56 days. Up from January Median list price of $414,500 and the Median sale price of $407,500.
Pending
43 Units reported pending and are waiting to close. From the lowest asking price of $199,900 at 366 1/2 7th Street for a 672 square foot 1 bedroom 1 bath, to the highest asking price of $769,000 at 2 2nd Street for a 3 bedroom 2 bath 1465 square foot penthouse.
Median list price for these units pending was $400,000.
Downtown Jersey City's current inventory is showing just 230 units active. Pent up demand for quality properties is putting pressure on buyer's as more and more units are seeing multiple bids.
This is a good sign for the real estate market as more inventory is absorbed. There is still a small percentage of short sales available however that will lag the market time in this area until those units are purchased. It's difficult to determine the true median prices and days on market due to this factor in the market.
The weather has also helped by leading buyers to purchase earlier than they typically would in the Spring. We anticipate the trend to continue higher through the second quarter.
Check back next month!
Monday, March 5, 2012
Bake Sale For 300 Washington Street Fire Victims
BAKE SALE FIRE RESCUE!!!Wednesday March 7th
11:30AM All DayStop By 56 Newark Street
(RE/MAX GOLD COAST REALTY OFFICE)All Proceeds Will Go To The Victims Of The300 Washington Street Fire
Friday, March 2, 2012
Hoboken Real Estate Market Update - February
My Hoboken Real Estate Market Update February Report
February is showing Spring like activity. Due to steady low inventory, combined with low interest rates, and an unseasonably warm winter, buyer's are buying earlier in the year, and steady investor participation and cash buyers is apparent accounting for about 30% of sales. We are seeing all sectors in the market active from low end to the very high luxury end and even units that were "stale" with 200+ days on market are under contract, and same day frenzies with listings receiving multiple bids the first day on market.
February Sales
For the month of February Hoboken saw a total of 50 sales. Up from 33 units in January. From the lowest priced sale, a bank owned, one bedroom one bath at 815 Willow with a list price of $149,500 and a sale price of $133,000. To the highest priced sale, 2060 square foot, 3 bedroom 2.5 bath at The Garden Street Lofts with a list price of $1.275 Million and a sale price, of $1.265 Million
Median List Price for the month was $462,500 and Median Sale Price was $448,500. Median Days On Market was 59 Days. (Down from January's $475,000 Median List and $465,000 Median Sale Price but Up from December's Median Sale Price of $417,000)
February Units Pending
There are 67 units pending. A big jump from January's 48 units and a leap from December's 32 Units.
The Median List Price for these units pending is $437,500. The Median Days on Market just 22 days.
Link To January Sales Report
February Sales
For the month of February Hoboken saw a total of 50 sales. Up from 33 units in January. From the lowest priced sale, a bank owned, one bedroom one bath at 815 Willow with a list price of $149,500 and a sale price of $133,000. To the highest priced sale, 2060 square foot, 3 bedroom 2.5 bath at The Garden Street Lofts with a list price of $1.275 Million and a sale price, of $1.265 Million
Median List Price for the month was $462,500 and Median Sale Price was $448,500. Median Days On Market was 59 Days. (Down from January's $475,000 Median List and $465,000 Median Sale Price but Up from December's Median Sale Price of $417,000)
February Units Pending
There are 67 units pending. A big jump from January's 48 units and a leap from December's 32 Units.
The Median List Price for these units pending is $437,500. The Median Days on Market just 22 days.
Link To January Sales Report
Buyers: in this type of market you will want to sign on the help of a real estate agent to keep you in tune to new listings as soon as they hit since realtors get inside access from their networks of other realtors.
Sellers: Make sure your home is positioned in the best possible light with strategic pricing, staging and marketability to benefit from the current low inventory and availability of buyers.
Search for Hoboken real estate for sale and check back here for monthly updates!
Search for Hoboken real estate for sale and check back here for monthly updates!
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