Those of you who have been following my newsletters know by now that Hoboken is experiencing and interesting (although not uncommon) trend right now in Real Estate. Simply put, rental prices are higher than they’ve been in years, whereas sale prices are the lowest they’ve been in just as long.

With more news of declining prices due to the glut of foreclosures expected to splash onto the market in the coming months, many homeowners are justifiably hesitant to sell their homes right now.

However, more homeowners are looking at a second option that will allow them to move without selling, and possibly even make some extra income in the process. For the first time in years, rents in some areas are high enough to cover the costs of ownership and possibly more. As discussed in this interesting article, those areas include Hoboken and other areas in the NYC metro region. Read more

Being a tech aficionado (or nerd if you want to be a jerk about it) myself, I’m always interested in emerging technologies that make our lives just a little easier. In the past couple years, the real estate industry has seen an explosion of different technologies come to market to help connect consumers to information that was until recently held captive by realtors alone. Read more

Whether you’re a veteran whose years of residence has broached double digit years, or a deer in head lights newcomer visiting Hoboken to have dinner at one of our great restaurants; parking in Hoboken can be a nightmare for the unprepared. Ask around and you’re bound to here war stories of drivers endlessly combing the streets desperately searching for a parking spot, even if it’s found halfway across town.

But with a little education and preparation, it doesn’t have to be this way. In fact despite a rocky introduction to the Hoboken parking scene, today I can almost always find a parking spot within 2-3 blocks of my apartment and oftentimes I land right outside of my apartment.

In this guide, I will give you the essential information you need to park in Hoboken, whether you are a permanent resident trying to get a parking permit for the first time or just visiting for a night or two.
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As often as this question gets asked, there is just no one simple answer; if you ask 10 people, you’ll probably get 10 answers. The good news is that most of those answers will more or less be “YES”.

Despite Hoboken’s quaint geographic footprint, make no mistake; it is a bustling city with one of the highest population densities in the country. Hoboken is also bordered by the sprawling urban areas of Jersey City and Weehawken, with New York City looming on the other side of the Hudson River. These factors make Hoboken a very popular destination for visitors and prospective residents alike.
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October taught us a few things: 1) renting in Hoboken right now is lucrative for landlords and expensive for tenants, 2) the sales market remains largely unchanged from prior months 3) people don’t like to buy real estate when it’s cold. Or at all. It’s kind of hard to say right now… Read more

After witnessing firsthand the ongoing economic turmoil in Greece, it was a bit of a relief to return to Hoboken last week, run my little reports, do my analysisisis (whatever the plural of analysis is) and see that not much has changed in our corner of the world. Read more

Ahh yes, I’ve long awaited the chance to pit these rivals together to see which one sucked the least. Excuse my animosity, but it’s true; while real estate websites are fun to browse and useful for searching to a limited extent, they still fall short of acting as a substitute for the MLS. I can’t count how many times a client sent me listings they found on a Zillow or a Trulia and accusingly asked why I hadn’t found the listing for them first. 9 out of 10 times its because it was sold 2 weeks ago. Or it was withdrawn from the market last month. Whatever the reason, Mr. Client usually accepts the explanation, but not always without some skepticism. And you know what? I don’t blame him. Read more

For many, finding a rental in Hoboken is a challenging and often stressful process.  Demand is high and supply always fleeting.  The options to choose from and volume of information available can be overwhelming.  The goal of this guide is to provide you with some basic, yet essential facts and tips to help navigate you safely and stress free (as possible) through the process of finding your ideal rental. Read more