Stats are finally supporting what we Realtors have been experiencing in the field -- the current housing crunch is affecting the luxury housing market.  Tougher mortgage/loan requirements and higher interest rates for jumbo loans than for conforming loans caused sales of luxury properties to slow...
Across the Nation we are hearing that the very high end of real estate held without a mortgage is moving. We are told that large double digit million dollar all cash sales are occurring with substantial price reductions negotiated. But, they are happening! On the other end of the spectrum, sales ...
Want to help clean up the environment? Got a few hours to give to your community on November 7th?Then join us in a community clean-up of old trash from the beautiful Butler Road Natural Area. Due to the limited parking in this area, a municipal shuttle bus will take you to the site. When:       ...
Just closed another medical office lease for space in the Gateway Building in Hillsborough. This group of doctors will be focusing on helping patients with weight management issues. 
It is disturbing that the Treasury Department has reported that about 1 million homes were in foreclosure at the close of the second quarter. The American dream seems to be going into reverse at unbelievable speed for homeowners across the country. My area has seen a lot of former homeowners beco...
"The housing market is getting a much-needed boost as first-time homebuyers rush to take advantage of an $8,000 federal tax credit that is set to expire Nov. 30, 2009.  The incentive is helping to slow the decline in home sales. In August, sales were down 1% over the comparable period last year, ...
This report (if true) should raise concern:  In the latest National Association of Home Builders(NAHB) survey of acquistion, development and construction (AD&C) financing conditions, 63% of builders stated that the availability of credit for single-family construction loans worsened in the second...
Information provided by RisMedia: Zillow analysis of current market trends shows that, if the credit were extended, a total of 1.86 million first-time home buyers would purchase homes between Dec. 1, 2009 and Nov. 30, 2010. If all could take advantage of the full $8,000 tax credit, this could mea...
I know this may sound like basic advice to many of you but it never hurts to hightlight a reminder: This Month's Tips for a GREENER home: Plant trees or shrubs to shade air conditioning units but not to block the airflow. Place your room air conditioner on the north side of the house. A unit oper...
The Somerset County Health Department is seeking volunteers for the Medical Reserve Corps Program.   Retired and active medical, allied health professionals and other non-medical volunteers are encouraged to apply. For more information, contact MRC Coordinator Lucille Young-Talbot of the Somerse...

Gloria Laughton Allston

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