2008 Property Market Outlook
When asked about the 2008 market outlook, expert opinions vary.
Trying to predict the housing market has always been tricky and most
economists tend to err on the side of conservatism. Having said that,
here's what is forecast for the property market during 2008.
http://tinyurl.us/?f=KXH9
Is Your Old Home a Violation?
If you're in the midst of making an offer on a home, you're
likely going to be having the property in question inspected by a
professional home inspector. It's recommended that you do some thorough
research before hiring an inspector. Check their references and ensure
that they're registered with a recognized association. And, before you
head into a state of shock and dismay upon reading the final inspection,
here are the most common violations and defects an inspector might find.
Older buildings may well have some of these issues, and while some are
less worrisome than others, you'll want to be prepared to estimate costs
for improvements, to help you best negotiate your offer.
http://tinyurl.us/?f=AQ0N
Real Estate a Permanent Investment
Despite recent local reporting that the real estate market and
lending institutions are in dire straits, the national statistics do not
apply to this particular area of the country. It is being widely, and
falsely believed, that the real estate market is "bottoming out" and
that we may well be facing a major housing crisis. What the local media
is failing to report is that, as suburbs of New York City, many New
Jersey towns are statistically above the national averages.
http://tinyurl.us/?f=RMF9
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