tag:blogger.com,1999:blog-15532093.post114252256378601675..comments2007-03-04T07:05:07.107-05:00grimhttp://www.blogger.com/profile/13862618509466218087noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-15532093.post-1147483398651289382006-05-12T20:23:00.000-05:002006-05-12T20:23:00.000-05:00Hi Fellow! I was just searching blogs,and I found your site! I like it!<BR/>If you have a moment, please visit my site: <BR/><A HREF="http://www.credit-center.ws" REL="nofollow">credit center</A><BR/>It covers credit center related contents.<BR/>All the best!Paul Adamshttp://www.blogger.com/profile/00345575291305599963noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1146009841528183252006-04-25T19:04:00.000-05:002006-04-25T19:04:00.000-05:00I don�t really have a useful comment on your site, but it was a nice break from my own <A HREF="http://www.home4u.ws" REL="nofollow"> real estate </A> work. I just weanted you to know I enjoyed the visit and hope you can visit <A HREF="http://www.home4u.ws" REL="nofollow"> my site </A> if you have a chance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1145862607430708732006-04-24T02:10:00.000-05:002006-04-24T02:10:00.000-05:00Guess I have to get back to my my <A HREF="http://www.home4u.ws" REL="nofollow"> real estate </A> work. Enough blogging for now. I did enjoy reading your blog. Visit <A HREF="http://www.home4u.ws" REL="nofollow"> my site </A> if you have a chance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1144974778865127782006-04-13T19:32:00.000-05:002006-04-13T19:32:00.000-05:00I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating<BR/>the indexes easily.<BR/><BR/>Take a look at Wallstreetwinnersonline.com<BR/><BR/>RickJRick Jhttp://www.wallstreetwinnersonline.comnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142652734593892482006-03-17T22:32:00.000-05:002006-03-17T22:32:00.000-05:00Richard,<BR/>From Annon 5:13<BR/>What you are seeing for 650K in Summit used to sell around 300-400K only a few years ago....that's why i suggest waiting. We also looked in Westfield, Madison and Chatham and found that we got no more for our money. We did not like the feel of New Providence since many of the homes/neighborhoods are 50's splitsvilles. <BR/><BR/>All towns have equally great schools for your young one. Westfield is very close to Plainfield, spend a few Sat nights in both towns before you buy. We also hated rt22 which you would travel a lot in Westfield..<BR/><BR/>We loved Madison, but we were also shocked that the prices were so high. If you are going to pay the price- we bought in the town we had established ties and never regreted it. The lifestyle is great for anyone working in NYC. If hubby worked West we may have chosen something different. Not an option for us.<BR/><BR/>Patience- the market is really slowing. <BR/><BR/>Good luck- time is on your side.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142619968758781322006-03-17T13:26:00.000-05:002006-03-17T13:26:00.000-05:00Just found this on Vanguard's home page. <BR/><BR/>https://flagship3.vanguard.com/VGApp/hnw/VanguardViewsArticlePublic?ArticleJSP=/freshness/News_and_Views/news_ALL_housing_03172006_ALL.jspAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142612384017237002006-03-17T11:19:00.000-05:002006-03-17T11:19:00.000-05:00Re S. Orange/W. Orange etc<BR/><BR/>I grew up in S. Orange (70s-late 90's), it was a nice town to grow up in, upper class incomes and good schools (good sports and many ivy league top college upon graduation), direct train to NYC (45min) but things have changed. The schools are no longer as good as they were and crime is up. Now when I say crime is up it is mostly theft, the people making this out to be an inner city are crazy. Today west orange is the better town (father now lives there) but there is no NYC train. I actually wouldn't live anywhere in Essex county because of the high property taxes.<BR/><BR/>Union county (Scotch Plains, Fanwood, Berkley Heights) might be a better choice.<BR/><BR/>AndrewnjAndrewhttp://www.blogger.com/profile/00920894654812003098noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142602392728877202006-03-17T08:33:00.000-05:002006-03-17T08:33:00.000-05:00$60,000 price drop:<BR/>MLS 2245849<BR/>5 Mountain Av, Summit<BR/>$629,900 => $569,900<BR/>Days on Market: 39Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142571053976095992006-03-16T23:50:00.000-05:002006-03-16T23:50:00.000-05:00For those looking for stats and info about different cities (all over the US): crime, population, mid salaries, house values... etc (note: data on house value is outdated)– go to:<BR/><BR/>www.city-data.comtrrollnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142568852613316372006-03-16T23:14:00.000-05:002006-03-16T23:14:00.000-05:00Here's an interesting website that allows you to compare crime in 2 towns:<BR/><BR/>http://westorange.areaconnect.com/crime/compare.htm?c1=West+Orange&s1=NJ&c2=Summit&s2=NJ<BR/><BR/>I compared West Orange vs Summit, just to see the difference.<BR/><BR/>And here's West Orange vs South Orange:<BR/><BR/>http://westorange.areaconnect.com/crime/compare.htm?c1=West+Orange&s1=NJ&c2=South+Orange&s2=NJ<BR/><BR/>South Orange is scary stuff. Wear a bullet proof vest.<BR/><BR/>Lots of property crime (theft) in West Orange, and lots of physical crimes (rape, murder, assault) in South Orange.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142567089589800222006-03-16T22:44:00.000-05:002006-03-16T22:44:00.000-05:00all:<BR/><BR/>thx for the rebuttals!chicagofinancehttp://www.blogger.com/profile/14719422341094780585noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142564986155981952006-03-16T22:09:00.000-05:002006-03-16T22:09:00.000-05:00Thanks for the info on West Orange.<BR/><BR/>There's a house for sale on Beverly Road, is anyone familiar with that area/street?<BR/><BR/>Here's a google map view of the location:<BR/><BR/>http://www.google.com/local?q=Beverly+Road,07052Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142564821883380642006-03-16T22:07:00.000-05:002006-03-16T22:07:00.000-05:00chicagofinance, “You want to vilify guilty parties:…”<BR/><BR/>I usually agree with you opinions but not on this one. It’s kind of typical for Americans to blame every body else but themselves – we love to do that. It’s not Japan, China, Germany or France fault that the house prices are out of control. Every body is running their economy as they see it fit – it’s called democracy and FREE market. We do not have to have as enormous export deficit with Japan as we have now – we do not have to buy their products – and when they impose embargo on our products we should do the same. We do not need to drive German cars, eat sushi or drink French wine – we have a choice. Our housing market was not over inflated by Germans or Chinese buying houses here – it was our own doing. As to “global liquidity” remember money follows the margin – lots of money left US and went to Europe because of that – higher interest rates. And it was us (read American banks and financial institutions) that came up with all of those “are you out of you f*ken mind” financing we had (and still have) in last 5 years. Plus, we are so used to the idea that United States is so big and powerful that we are immune to shifts in market (global and local) moods – well we clearly forgot ‘20s. As to the “cash on hand” well that means that we are better of than others as we have s**t loads of cash to spend on houses we can’t afford – figures.trrollnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142559925222907612006-03-16T20:45:00.000-05:002006-03-16T20:45:00.000-05:00thanks anon 5:13. i have friends in summit and know the area well. you can't get into a decent 3 bedroom for less than $650k. if you don't work in the city or need to use the school system i don't see the point of paying the premium. still we're looking there and also in madison, westfield, chatham, new providence.<BR/><BR/>here's something i don't get. since when did Madison become more expensive than Westfield and equally as expensive as Chatham and Summit? those Madisonites are a wee bit too arrogant IMO.Richardhttp://www.blogger.com/profile/05996384619217258892noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142559744883755582006-03-16T20:42:00.000-05:002006-03-16T20:42:00.000-05:00i currently live in south orange. hate it. while it has a professional city commuting crowd there's a sketchy element with irvington and newark right next door. it's also liberal to the point of disillusion. the board of trustees can't get their act together and the village looks like a town in the making with many prominent stores shuttered for years.Richardhttp://www.blogger.com/profile/05996384619217258892noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142550206775338722006-03-16T18:03:00.000-05:002006-03-16T18:03:00.000-05:00<I>Does anyone have opinions on West Orange?</I><BR/><BR/>West Orange and South Orange are safe places to live. Though they do receive their fair share of negative publicity being that they are close to Orange, Irvington, and Newark.<BR/><BR/>As for schools, the Gregory schools are fine, and West Orange High school ranks pretty high. However, can't say the same for South Orange--they share a school system with Maplewood. <BR/><BR/><BR/>I have lived in West Orange since 2001, after leaving Upper Montclair due to the taxes. The problem is that both West and South Orange have high property taxes--no longer a bargain. My property taxes increased about $1,600 per year in West Orange--not sure why.<BR/><BR/>Just keep in mind that back in the mid-to-late 90's West and South Orange were considered less desirable and that is beginning to reflect in the fact that there are numerous listings in these areas that are months old. Remember: the spillover from Montclair came to West Orange, and the tide is moving out.<BR/><BR/>What was not hot then, is not hot now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142550158211200892006-03-16T18:02:00.000-05:002006-03-16T18:02:00.000-05:00GSML inventories in NJ<BR/><BR/><BR/>March 6 - 24,111<BR/>March 16 - 24,767<BR/><BR/>It's getting ugly. But this is ONLY the start. Patience.<BR/><BR/>There will be a time when realtors will be harassing you and sellers will be very nice and desperate. Watch.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142549362987690192006-03-16T17:49:00.000-05:002006-03-16T17:49:00.000-05:00Does anyone have opinions on <B>West Orange</B>?<BR/><BR/>Good schools? Safe to live there? <BR/><BR/>South Orange seems quite close -- don't want to find a nice house only to get killed in a drive by shooting...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142547194762019552006-03-16T17:13:00.000-05:002006-03-16T17:13:00.000-05:00Richard,<BR/>I left you a message on "Who's Buying" about a wonderful townhome complex in Summit- I swear I am not getting a commision on this- We just LOVED being in this location and even when we looked in surrounding areas did not find anything of comparable value.<BR/><BR/>We moved here and we took our time getting to know the area. The townhome was so spacious and convenient, we were more than comfortable. We never felt in a rush until we found the perfect house. The other benefit of living in a town where you are looking to buy is word of mouth and private sales.<BR/><BR/>We ended up getting a great deal on our house beacuse we heard about it through a friend of a friend! <BR/><BR/>It is really a wonderful location, walk to town, the train station and mid town direct and convenient to tons of childrens activities, the ymca, the connection, parks. OK I know I totally sound like a realtor, but I am not. In fact they never pay broker comissions on these places as they don't have to. <BR/><BR/>I am just really trying to help you out and pacify your desire to "buy". These prices are ridiculous!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142543142964167282006-03-16T16:05:00.000-05:002006-03-16T16:05:00.000-05:00Building bigger and excess housing does absolutely nothing to make our economy more competitive. I expect businesses to start upping capital investment to stay ahead. Consumers on the other hand will be pressured by ecessive debtloads that need to be services thus lower spending. maybe for once the savings rate will start going up for once after all the housing bankruptcies first.<BR/>Greenspan and his cohorts are to blame for keeping rates at ridiculous levels allowing to print money non-stop and turning their backs on the risky mtg schemes widespread being offered to get in on an overpriced house.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142540411250678972006-03-16T15:20:00.000-05:002006-03-16T15:20:00.000-05:00i'm not buying it. the Fed is talking tough because they can as the market is still healthy. RE is critical to the vitality of today's US economy. if it goes so could go many other things like the viability of the banking system which the Fed is in the business of protecting first and foremost. the Fed will act if asset values drop too far, you can bet on it.Richardhttp://www.blogger.com/profile/05996384619217258892noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142540297214956512006-03-16T15:18:00.000-05:002006-03-16T15:18:00.000-05:00ChicagoFinance:<BR/><BR/>I dont blame the Fed. I blame the easy money lending institutions that sell IO and NegAm loans to the masses as a low payment, without ever fully disclosing the built in risk.<BR/><BR/>I blame the Realtor and Mortgage company media machine in duping the masses to believe you dont need to work hard and instead can retire by investing in Real Estate with no money down as Real Estate only goes up!!Pointlineshttp://www.blogger.com/profile/01074917132463698071noreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142540178944366152006-03-16T15:16:00.000-05:002006-03-16T15:16:00.000-05:00CNBC has been negative on housing ALL...DAY...LONG.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142539325337108372006-03-16T15:02:00.000-05:002006-03-16T15:02:00.000-05:00$40,000 price drop:<BR/>MLS 2243399 <BR/>63 Wade Dr, Summit<BR/>639,000 => $599,000<BR/>Days on Market: 39Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15532093.post-1142536946757021422006-03-16T14:22:00.000-05:002006-03-16T14:22:00.000-05:00IMHO all FED bashing is unfounded.<BR/><BR/>You want to vilify guilty parties:<BR/><BR/>1. Go blame the Japanese Government for their sponsorship of a backward banking system that kept that country in recession/depression for 15 years. It killed our ability to export there and drove down yen interest rates to literally zero, sending cash abroad looking for yield<BR/><BR/>2. Go blame socialist/left leaning Eurozone economies and societies built for the 1950's who are long on the political rhetoric, and pathetic on integration, assimilation, and forward thinking economic planning.<BR/><BR/>3. Go blame the Chinese central bank for enforcing an effective US dollar peg in the face of a rampant trade imbalance with the US.<BR/><BR/>4. Go blame the US government for failing to provide policy stimulus for alternative energy sources so that the US continues to be dependent on international "hot-zones" for energy.<BR/><BR/>These factors have all caused there to be tremendous amounts of global liquidity. In turn, the sloshing around of all this cash has created an environment of implicit and explicit outsized risk taking without proper compensation. It is this risk taking that has allowed an environment of I/O loans, negative ARMS, and financial institutions that are willing to securitize anything to stuff into the pockets of people with too much cash on hand.<BR/><BR/>If you blame Greenspan for the housing bubble, then you probably blame you stock broker for not putting you entire life savings in to Google at the IPO price.<BR/><BR/>chicago "the bubble boy"chicagofinancehttp://www.blogger.com/profile/14719422341094780585noreply@blogger.com