Fort Lee, NJ Co-op Market Activity for February  2009           Number of Active Listings 244 Average Listing Price  $         247,898.00 Average Days on the Market 123 days     Total Number of Homes Under Contract 9 Average Listing Price  $         185,089.00 Average Days on the Market 159 days     Total Number of homes Sold 5 Average Listing Price  $         290,600.00 Average Sold Price  $         266,400.00 Average Days on the Market 188 days 03/07/2009

Fort Lee, NJ Market Activity for February 2009   Condos/Townhomes       Number of Active Listings 218 Average Listing Price  $         600,880.00 Average Days on the Market 134 days     Total Number of Homes Under Contract 5 Average Listing Price  $         494,000.00 Average Days on the Market 118 days     Total Number of homes Sold 5 Average Listing Price  $         444,580.00 Average Sold Price  $         407,300.00 Average Days on the Market 159 days 03/07/2009

Fort Lee, NJ Market Activity for February 2009 Single Family Homes       Number of Active Listings 51 Average Listing Price $1,070,690 Average Days on the Market 146 days     Total Number of Homes Under Contract 2 Average Listing Price  $         624,000.00 Average Days on the Market 36 days     Total Number of homes Sold 0 Average Listing Price  N/A  Average Sold Price  N/A  Average Days on the Market N/A 03/07/2009

Fort Lee, NJ Market Activity for January 2009 Co-ops     Number of Active Listings 240 Average Listing Price  $         252,288.00 Average Days on the Market 127 days     Total Number of Homes Under Contract 10 Average Listing Price  $         202,380.00 Average Days on the Market 199 days     Total Number of homes Sold 8 Average Listing Price  $         157,575.00 Average Sold Price  $         142,875.00 Average Days on the Market 129 days 02/06/2009

Fort Lee, NJ Market Activity for January 2009 Condos/Townhomes     Number of Active Listings 202 Average Listing Price  $         617,214.00 Average Days on the Market 136 days     Total Number of Homes Under Contract 7 Average Listing Price  $         446,142.00 Average Days on the Market 197 days     Total Number of homes Sold 11 Average Listing Price  $         477,055.00 Average Sold Price  $         443,091.00 Average Days on the Market 162 days 02/06/2009

Fort Lee, NJ Market Activity for January 2009 Single Family Homes       Number of Active Listings 52 homes Average Listing Price  $         1,031,008.00 Average Days on the Market 157 days       Total Number of Homes Under Contract 2 homes Average Listing Price  $         1,037,450.00 Average Days on the Market 105 days       Total Number of homes Sold 4 homes Average Listing Price  $            737,200.00 Average Sold Price  $            655,000.00 Average Days on the Market 123 days 02/06/2009

Fort Lee Real Estate Market Activity for Co-ops for  December 2008 Total Number of Active Listings as of 12/31/2008: 207 Average Listing Price: $243,312 Average Days on the Market: 132 days   Total Number of Homes Sold: 16 Average Listing Price : $195,631 Average Sold Price : $178,188 Average Days on the Market: 122 days   Total Number of Homes Under Contract: 6 Average Listing Price: $199,150 Average Days on the Market: 140 days   01/03/2009

Fort Lee Real Estate Market Activity for Condos & Townhomes for  December 2008 Total Number of Active Listings as of 12/31/2008: 169 Average Listing Price: $594,619 Average Days on the Market: 147 days   Total Number of Homes Sold: 8 Average Listing Price : $526,626 Average Sold Price : $488.500 Average Days on the Market: 113 days   Total Number of Homes Under Contract: 9 Average Listing Price: $585,967.00 Average Days on the Market: 172 days   01/03/2009

Fort LeeReal Estate Market Activity for Single Family Homes for  December 2008 Total Number of Active Listings as of 12/31/2008: 60 Average Listing Price: $1,141,103.00 Average Days on the Market: 174 days   Total Number of Homes Sold: 8 Average Listing Price : $540,850 Average Sold Price : $509,625 Average Days on the Market: 94   Total Number of Homes Under Contract: 1 Average Listing Price: $425,900 Average Days on the Market: 142 01/03/2009

Fort Lee Real Estate Market Activity for Condos & Townhomes for  November2008   Total Number of Active Listings as of 11/30/2008: 222 Average Listing Price: $259041 Average Days on the Market: 131 days   Total Number of Homes Sold: 17 Average Listing Price : $244,235 Average Sold Price : $224,441 Average Days on the Market: 113 days   Total Number of Homes Under Contract: 13 Average Listing Price: $212,008 Average Days on the Market: 126 days 12/04/2008

Fort Lee Real Estate Market Activity for Condos & Townhomes for  November2008   Total Number of Active Listings as of 11/30/2008: 190 Average Listing Price: $606,435 Average Days on the Market: 152 days   Total Number of Homes Sold: 3 Average Listing Price : $1,301,000 Average Sold Price : $1,204.333 Average Days on the Market: 139 days   Total Number of Homes Under Contract: 6 Average Listing Price: $476,633 Average Days on the Market: 160 days 12/04/2008

Fort Lee Real Estate Market Activity for Single Family Homes for  November2008   Total Number of Active Listings as of 11/30/2008: 73 Average Listing Price: $1,095,500 Average Days on the Market: 175 days   Total Number of Homes Sold: 2 Average Listing Price : $712,500 Average Sold Price : $640,000 Average Days on the Market: 87 days   Total Number of Homes Under Contract: 3 Average Listing Price: $696,000 Average Days on the Market: 113 days 12/04/2008

Fort Lee Real Estate Market Activity for Condos and Townhomes for October 2008   Total Number of Active Listings as of 10/31/2008: 192 Average Listing Price: $611,658 Average Days on the Market: 154 days   Total Number of Homes Sold: 7 Average Listing Price : $893,429 Average Sold Price : $815,286 Average Days on the Market: 121 days   Total Number of Homes Under Contract: 7 Average Listing Price: $444,143 Average Days on the Market: 97 days 11/20/2008

Fort Lee Real Estate Market Activity for Single Family Homes for October 2008   Total Number of Active Listings as of 10/31/2008: 66 Average Listing Price: $1,131,733.00 Average Days on the Market: 181 days   Total Number of Homes Sold: 1 Average Listing Price : $2,349,000 Average Sold Price : $2,285,000 Average Days on the Market: 387 days   Total Number of Homes Under Contract: 8 Average Listing Price: $537,213 Average Days on the Market: 101 days 11/20/2008

Yesterday I wrote a blog about Palisades Park, N.J. back in the day.  Well, Jim Albano asked me to post it to the North Jersey group and well, being the techno nerd that I am I erased it while I was trying to post it over, so take II. When I was a pre-teen I lived in N.J. and one of my greatest thrills was going to Palisades Park in Bergen County.  They had rides and several roller coasters.  My friend and I thought that we were in heaven if we got to go which incidentally was a bit of an undertaking.  It was about 70 miles to the North but even then Jersey was congested on the Garden State Parkway.  Then in 1962 Freddy "Boom-Boom" Cannon came out with a song called "Palisades Park" and I wore out the record.  It was a tale about a teenage boy who took his date to the park and they rod... 10/23/2008

I just posted on Jim Albano's blog.  He is a North Jersey Realtor on AR.  For some reason it just inspired me to post about Palisades Park, N.J.  For those of you who don't know Jim it is worth checking him out.  In the one year that I have been here I have watched him and his blog grow and he has always been so considerate. Well, I am originally from N.J. and Jim and I josh back and forth about what he likes in Tennessee and what I miss about Jersey.  It just got me to thinking and wanting to take some of you down memory lane.  I remember when I was a kid I thought that it was the biggest deal to get to go to Palisades Park.  My girlfriend next door and I were pre-teens and we would google at the boys and ride the rides. I remember winning some kind of preposterous stuffed animal one ... 10/22/2008

Before the closing takes place, it is customary that the buyer makes a final walk-thru inspection of the property.  It is this time that the client has the ability to see the home void of any personal belongings.  While conducting the inspection the client should be asking themselves:"Is the property in the same condition as when the they initially saw the home?"  "Are there any damages visible that were possibly concealed during the home inspection?" "Have any new damages occurred since the home inspection?" "Are all the items repaired that were agreed upon as a result of the home inspection?" These questions should be answered prior to the actual day of closing, but oftentimes it is not possible, as the seller may be moving out the day of closing, and not able to get everything done p... 08/16/2007

THE HOUSE-FRIENDLY YARD AND GARDEN <!-- #UNSUBSCRIBE { font-family: Arial, Helvetica, sans-serif; font-size: 9px; margin: 20px; position: relative; color: #000000; } h1 { font-family: Arial, Helvetica, sans-serif; color: #FFFFFF; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; font-weight: bold; position: relative; float: none; margin-top: 0px; margin-right: 5px; margin-bottom: 0px; margin-left: 5px; font-size: 16px; } img { margin: 0px; padding: 0px; position: relative; visibility: visible; } table { border: 1px solid #000000; padding: 0px; background-color: #FFFFFF; width: 600px; } table.blank { border-top-style: none; border-right... 08/10/2007

Are you aware that unlicensed home inspectors in New Jersey are free to do as they please, at your peril? As Real Estate Professionals you have the right to protect your client by asking your next Home Inspector to provide a copy of his/her active license. In New Jersey all Licensed Home Inspectors had their licenses expire this past April('07). If the inspector failed to meet the state's minimum standard their license may have been inactivated. Click here to verify the license status of your Home Inspector. Unlicensed Home Inspectors do not have to follow State of New Jersey Regulations and may be operating without insurance or NJ State oversight. So please do your part and help protect the industry, by verifying those you may work with. Michael Almeida Serving the Real Estate communit... 08/08/2007