"Simply stated"...

Real estate group sees 0.7% decline in 2007, first annual drop since it began keeping track.

OOOOhhhhh.....sounds scary!

This means that over the past 40 years, the market has been up... and now we have a fractional decline... sounds like a great long term investment  opportunity to me!

Actually, these statistics provide a 30,000 ft view of "The Real Estate Market" across the country.  Of course it's important to track these data to determine their impact on the strength of the broad economy, but those who read my blog know that each real estate market is local!

The reality for you and me is that our local market has some very good values right now.  Find the Realtor in your local market who knows how to identify these properties and negotiate a reasonable deal between buyer and seller.  (What is 0.7% in actual numbers?... $500,000*.007= $3,500).  If you're buying a home to live in for more than 1-2 years, then this has no bearing on your purchase decision.  If you decide to rent, you'll throw away more than $3,500 in 2 months... that's just foolish!

If you're really worried about this issue, then call me.... I know many homes where we can negotiate at least 0.7% off the price. 

Read the full article here.

Spring is finally here!  It's time to experience why East Brunswick, NJ is such a great place to live.  Pretty soon, the top rated East Brunswick School System will be shutting its doors for the year, and the East Brunswick Soccer League will be back in action for another season on the beautiful, new turf fields of Heavenly Farms.  The East Brunswick Baseball League will have its annual parade to the fabulous  Baseball complex.  The Crystal Springs Water Park will open for another season of fun in the sun.  Or, you can drive 30 minutes to "The Shore".   There are so many things to do around East Brunswick this summer. 

Aside from the fun spots, East Brunswick boasts a wide range of homes to accommodate every need.  Everything from one bedroom Condos; to Adult Communities; to Townhomes; to Single Family Colonials, Ranches, Split levels and Cape Cods; to a beautiful English style mansion on Farrington lake.

Close to NY, Philadelphia, Princeton, and other business hubs, East Brunswick offers an easy commute for professionals. 

Come see why East Brunswick remains a very desirable place to raise a family.  Visit EastBrunswick.Org for more town information.