Ringwood NJ Real Estate Blog by Orly Steinberghttp://homesbyorly.com/blog/Orly Steinberghomesbyorly.com/RPS Blog2008-05-08T07:21:17ZHow Does Ringwood NJ Real Estate Compare Nationally?http://homesbyorly.com/blog_post.asp?post=102732008-05-08T07:21:00Z2008-05-08T12:21:00-05:002008-05-08T07:21:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">Check out this website to see how Ringwood NJ real estate valuation compares to other cities across the country. This site is not only informative, but it shows that – despite the national media’s attention to the real estate slowdown – much of the national real estate market is still valued fairly, making it a great time to buy.
To learn more about Ringwood NJ real estate, please call me at 973-962-5410 or visit HomesByOrly.com. You may also visit RingwoodHouseValues.com to request a complimentary market value analysis of your Ringwood NJ home!<img src ="http://homesbyorly.com/blog/aggbug/10273.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=10273#comment0http://homesbyorly.com/blog/commentRss/10273.aspxhttp://homesbyorly.com/blog/services/trackbacks/10273.aspxRingwood NJ Real Estate 101: Your Credit Scorehttp://homesbyorly.com/blog_post.asp?post=101122008-05-01T11:05:00Z2008-05-01T16:05:00-05:002008-05-01T11:05:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">If you are a first-time Ringwood NJ real estate homebuyer, you are most likely becoming very aware of the importance of having a good credit score. A higher-than-average credit score will help you negotiate a lower interest rate when you are applying for a mortgage, and a lower interest rate means thousands of dollars in interest saved every year.
This short video is a great introduction to the importance of your credit score, and includes some simple strategies to help improve it. <br />
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This is a great time to consider purchasing Ringwood NJ real estate. To learn more about Ringwood NJ real estate, please visit HomesByOrly.com, or begin searching homes here. For more personalized service, or a referral to a reputable lender who can help you learn more about your credit score, please call me at 973-962-5410.<img src ="http://homesbyorly.com/blog/aggbug/10112.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=10112#comment0http://homesbyorly.com/blog/commentRss/10112.aspxhttp://homesbyorly.com/blog/services/trackbacks/10112.aspxRingwood NJ Real Estate Market Trends Reporthttp://homesbyorly.com/blog_post.asp?post=99652008-04-24T07:29:00Z2008-04-24T12:29:00-05:002008-04-24T07:29:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
Little change is expected in New Jersey real estate sales of existing homes over the next few months, before notably improving during the second half of the year, according to the latest forecast by the National Association of Realtors.
Lawrence Yun, NAR Chief Economist, said the market will come into clearer focus this summer. “Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure,” he said. “The wider access to affordable credit should increase sales activity notably this summer as pent-up demand begins to be met.”
Let’s take a look at the Ringwood NJ real estate market activity for this March to see how the spring is looking so far:
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The Ringwood market experienced a 17% increase in active listings this March, when compared to March 2006. Sold ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9965">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9965.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9965#comment0http://homesbyorly.com/blog/commentRss/9965.aspxhttp://homesbyorly.com/blog/services/trackbacks/9965.aspxRingwood NJ Real Estate Podcasthttp://homesbyorly.com/blog_post.asp?post=98052008-04-17T12:25:00Z2008-04-17T17:25:00-05:002008-04-17T12:25:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">The April edition of the Ringwood NJ Real Estate Podcast is now available. This month's edition covers New Jersey real estate market activity and then our experts explain how making a few changes in your home’s presentation can make it go from ordinary to extraordinary! <br />
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download podcast mp3 file | subscribe to podcast feed
To learn more about Ringwood NJ real estate, please call me at 973-962-5410 or visit HomesByOrly.com. You may also request a complimentary market value analysis of your Ringwood NJ home at RingwoodHouseValues.com.
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<img src ="http://homesbyorly.com/blog/aggbug/9805.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9805#comment0http://homesbyorly.com/blog/commentRss/9805.aspxhttp://homesbyorly.com/blog/services/trackbacks/9805.aspxTop Ten Reasons To Buy Ringwood NJ Real Estate NOWhttp://homesbyorly.com/blog_post.asp?post=96202008-04-10T11:51:00Z2008-04-10T16:51:00-05:002008-04-10T11:51:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">Thinking about buying Ringwood or Passaic County real estate, but not sure if it's the right time? There are many factors that go into a buyers decision to buy. Here's a list that will help you to make that decision.
1. Plenty of inventory to choose from. See for yourself on the Ringwood NJ Real Estate MLS!
2. Bidding wars are rare in today’s market.
3. Sellers are much more welcoming of offers.
4. Homes are on the market for longer, so there is less pressure to make a quick decision.
5. Inspections are welcomed. Sellers and agents expect you to be cautious.
6. Lots of brand-new homes with incredible incentives are being offered by builders.
7. You can actually negotiate with sellers for repairs and help on closing costs.
8. There are fewer investors pushing prices up.
9. Good, reliable FHA loans ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9620">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9620.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9620#comment0http://homesbyorly.com/blog/commentRss/9620.aspxhttp://homesbyorly.com/blog/services/trackbacks/9620.aspxTop 10 Ringwood Short Sale Questions…Answeredhttp://homesbyorly.com/blog_post.asp?post=95422008-04-07T21:47:00Z2008-04-08T02:47:00-05:002008-04-07T21:47:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
Are you in a crunch and considering selling your home by means of a short sale...but have lots of questions? Below are the Top 10 Ringwood Short Sale Questions…Answered
Number 10 I can't make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score...is a short sale right for me?
Probably, not. In cases where the seller can pay back all or part of the negative equity (usually to the 2nd lien holder), it makes sense for them to work out a repayment plan. The lender will then release the lien and allow the home to close.
Number 9 If I pay mortgage insurance and default on my loan, why wouldn't that cover the deficiency amount?
The mortgage insurance is not there for your protection, just the mortgage lender's.
Number 8 Do I have to have my home "Approved" by the lender prior to offering it for sale as a short sale.
No. Technically ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9542">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9542.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9542#comment0http://homesbyorly.com/blog/commentRss/9542.aspxhttp://homesbyorly.com/blog/services/trackbacks/9542.aspxRingwood NJ Tax Rebates: What You Need to Knowhttp://homesbyorly.com/blog_post.asp?post=94322008-04-03T13:50:00Z2008-04-03T18:50:00-05:002008-04-03T13:50:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">The centerpiece of Congress’ recent $170 billion economic stimulus plan is tax rebates, but few Ringwood NJ real estate owners and taxpayers actually understand what the rebates mean or how they may benefit.
Treasury Department and IRS officials are still scurrying to work out the details of the plan, but below are some of the main points that have been made available:
To be eligible for a full rebate, single tax filers must have 2007 adjusted gross income (AGI) below $75,000. These filers will get rebates up to $600.
Joint filers must have AGI below $150,000 and are eligible to receive rebates of up to $1,200.
Parents will receive $300 rebates per dependent child and there is no cap on the maximum number of children eligible.
Filers who do not owe income taxes because of various credits and deductions but who do have at least $3,000 in income (can include Social Security or disability payments) will get $300 rebates per person or $600 per couple.
..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9432">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9432.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9432#comment0http://homesbyorly.com/blog/commentRss/9432.aspxhttp://homesbyorly.com/blog/services/trackbacks/9432.aspxRingwood NJ Homeowners Beware of Real Estate Foreclosure Scams!http://homesbyorly.com/blog_post.asp?post=92342008-03-27T11:27:00Z2008-03-27T16:27:00-05:002008-03-27T11:27:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">Even with the recent congressional relief plan, many Ringwood NJ homeowners have still found themselves unable to pay their mortgages and are ending up in foreclosure.
Although this CBS News video centers on a scam artist in Southern California, it is important viewing for all Ringwood NJ homeowners who may be facing foreclosure. As the video shows, it is too easy to be taken advantage of by scam artists trying to make a buck off the vulnerability of others.<br />
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Remember, if you may be facing foreclosure – or if you are interested in investing in foreclosures – the best resource is an experienced Realtor who can help explain your options. To learn more about Ringwood NJ real estate, please call me at 973-962-5410 or visit HomesByOrly.com. You may also begin searching Ringwood NJ homes here!<img src ="http://homesbyorly.com/blog/aggbug/9234.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9234#comment0http://homesbyorly.com/blog/commentRss/9234.aspxhttp://homesbyorly.com/blog/services/trackbacks/9234.aspxBuyer's Real Estate Seminar a Success!http://homesbyorly.com/blog_post.asp?post=91742008-03-25T11:35:00Z2008-03-25T16:35:00-05:002008-03-25T11:35:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">The secret to winning in Today’s Real Estate Market is… Education!
Or such was the consensus on March 13th when Orly Steinberg of Coldwell Banker Real Estate presented a Real Estate seminar at the Ringwood Public Library.
Ms. Steinberg began the evening with a very informative overview of the home buying process and shared expertise learned in the 22 years she has worked in Real Estate.
There are tremendous opportunities available in the current marketplace, historically low interest rates coupled with good supply and Motivated Sellers make this an ideal time to purchase for the savvy buyer.
She was joined on the panel by several distinguished professional colleagues.
Laura Moritz of Classic Mortgage, a veteran of the Mortgage Industry, gave a detailed presentation regarding qualifying for a mortgage in light of present financial ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9174">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9174.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9174#comment0http://homesbyorly.com/blog/commentRss/9174.aspxhttp://homesbyorly.com/blog/services/trackbacks/9174.aspxRingwood NJ Market Trends Reporthttp://homesbyorly.com/blog_post.asp?post=90482008-03-20T09:42:00Z2008-03-20T14:42:00-05:002008-03-20T09:42:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
The volume Ringwood NJ real estate sales of existing homes is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors.
Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits. “The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rate mortgages in high-cost regions,” he said. “Therefore, a notable rise in home sales can be anticipated in the second half of the year.”
Let’s take a look at the real estate sales statistics for February 2008 to see how the market is looking in Ringwood, Wanaque, and Pompton Lakes:
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The Ringwood market in February 2008 stayed remarkably similar to the market in ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=9048">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/9048.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=9048#comment0http://homesbyorly.com/blog/commentRss/9048.aspxhttp://homesbyorly.com/blog/services/trackbacks/9048.aspxRingwood NJ Real Estate Podcasthttp://homesbyorly.com/blog_post.asp?post=88562008-03-13T06:32:00Z2008-03-13T11:32:00-05:002008-03-13T06:32:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
This month's edition covers New Jersey market activity and then we'll cover the new financing rules from Fannie Mae and Freddie Mac. <br />
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Features special guest Terri Murphy of US Learning. <br />
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Program length: approximately 6 minutes
download podcast mp3 file | subscribe to podcast feed
For more information about the current Ringwood NJ real estate market, please call me at 973-962-5410 or visit HomesByOrly.com. You may also begin searching for homes here!<img src ="http://homesbyorly.com/blog/aggbug/8856.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=8856#comment0http://homesbyorly.com/blog/commentRss/8856.aspxhttp://homesbyorly.com/blog/services/trackbacks/8856.aspxRingwood NJ Real Estate Podcasthttp://homesbyorly.com/blog_post.asp?post=86722008-03-06T07:18:00Z2008-03-06T12:18:00-05:002008-03-06T07:18:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
This edition covers New Jersey real estate market activity and then we'll talk about how low interest rates and higher housing inventories make today one of the best times in recent memory to invest in real estate. <br />
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Features special guest Terri Murphy of US Learning. <br />
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Program length: approximately 5 1/2 minutes
download podcast mp3 file | subscribe to podcast feed
For more information about the current Ringwood NJ real estate market, please call me at 973-962-5410 or visit HomesByOrly.com. You may also begin searching for homes here!<img src ="http://homesbyorly.com/blog/aggbug/8672.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=8672#comment0http://homesbyorly.com/blog/commentRss/8672.aspxhttp://homesbyorly.com/blog/services/trackbacks/8672.aspxRingwood NJ Home Improvements Go Greenhttp://homesbyorly.com/blog_post.asp?post=85062008-02-28T07:59:00Z2008-02-28T12:59:00-05:002008-02-28T07:59:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">Spring is right around the corner, and many Ringwood homeowners are starting to plan home improvement projects to spruce up their property. With so many environmentally-friendly “green” options available these days, it may be overwhelming to figure out how exactly you as a homeowner can make changes. This article from RealEstateJournal.com details five ways homeowners can add “green” upgrades, saving money and increasing their property’s value at the same time. Below is the list of suggestions, check out the article for full descriptions of each item:
Washers that save energy and water
Toilets that conserve water
No-VOC paints
Smart thermostat applications
Low-flow faucets and showerheads
To learn more about owning a Ringwood NJ home or Ringwood NJ real estate, please visit HomesByOrly.com, or call me at 973-962-5410. You may also sign up for automated emails of new listings that match your ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=8506">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/8506.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=8506#comment0http://homesbyorly.com/blog/commentRss/8506.aspxhttp://homesbyorly.com/blog/services/trackbacks/8506.aspxRingwood/Wanaque/Pompton Lakes Real Estate Market Trends-Feb 2008http://homesbyorly.com/blog_post.asp?post=83472008-02-21T12:10:00Z2008-02-21T17:10:00-05:002008-02-21T12:10:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">
A continuation of soft market conditions for Ringwood, Wanaque and Pompton Lakes is forecast for existing-home sales in the months ahead, with improvement expected by the second half of this year if loan limits are increased, according to the latest forecast by the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said sales activity is expected to remain soft through the first half of the year despite a generational low in mortgage interest rates. “Existing home sales have moved narrowly since last September, but when the full impact of higher loan limits for conventional mortgages begins to impact the market there is likely to be a notable rise in home sales and prices,” he said.
This would seem to indicate that now would be a great time to be a home-buyer in the national marketplace. Let’s take a look at the sales statistics for Ringwood, Wanaque, and Pompton Lakes in January 2008 to see how the year ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=8347">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/8347.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=8347#comment0http://homesbyorly.com/blog/commentRss/8347.aspxhttp://homesbyorly.com/blog/services/trackbacks/8347.aspxGiving Backhttp://homesbyorly.com/blog_post.asp?post=82222008-02-15T05:57:00Z2008-02-15T10:57:00-05:002008-02-15T05:57:00Z<div style="font-family:arial, geneva, lucida, sans-serif;">It was a thrill and a privilege to speak to 1000 Realtors in Minneapolis from
Coldwell Banker Burnet. On Wed. Feb. 13, 2008 Coldwell Banker Burnet held their
34th annual Awards Ceremonies and invited myself, Orly Steinberg, and two other
Star Power speakers, Roy Clayton from Huntsville, AL and Darren Mansell from Salt
Lake City, UT, to speak to their top agents.
After being introduced by the esteemed David Knox, Darren Mansell spoke about
the different personality types also know as the DISC. He also explained how having
systems can make a Realtor more organized and efficient and how Client Parties
are a wonderful way to get referrals.
I followed Darren, speaking about my Effective Marketing Plan and how to implement it, as well as, my VIP Platinum Plus Program which has been a great source of repeat business and referrals. This vital program enables me to stay in touch with clients on a monthly basis, continually thanking them for ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://homesbyorly.com/blog_post.asp?post=8222">read more</a><font size="-3" color="gray">)</font></span><img src ="http://homesbyorly.com/blog/aggbug/8222.aspx" width = "1" height = "1" /></div>http://homesbyorly.com/blog_post.asp?post=8222#comment0http://homesbyorly.com/blog/commentRss/8222.aspxhttp://homesbyorly.com/blog/services/trackbacks/8222.aspx