Did you know....

“Monmouth County NJ Real Estate”

Since: Jun 13

Ocean Grove

#1 Jun 3, 2013
There are 241,671 properties in monmouth county and 5,561 are for sale. Then again everyone has there price!
learn the difference

Blacklick, OH

#2 Jun 3, 2013
there versus their

If you're a professional it matters.
Cisco Kid

Sonora, CA

#3 Jun 3, 2013
MonmouthCounty realestate wrote:
There are 241,671 properties in monmouth county and 5,561 are for sale. Then again everyone has there price!
The question becomes; are the banks finally making mortgage loans?

This has been the real hold back to resurging the housing market, the banks, after having been bailed out by taxpayer's dollars, are refusing loans to qualified taxpayers.

Looking at the recent uptick in house sales, there is no sign of the traditional 30yr mortgage or 25yr mortgage, what we see in statistics of new sales is cash out purchases.
This is an indication of corporations, speculators and landlords buying properties for rental income.

One can also compare the closing dates being so short which again interprets as corporate buyers because ma and pa with the family typically needs sixty to ninety day closing times and that time is often consumed by settling inspection problems about roofing needs, termite repairs etc. Corporations looking to purchase rental units don't tend to worry about such trivial matters and so closing times are much, much shorter.

This is what's really fueling the recent homes sales increase, your future landlord buying something to rent to you because the bank won't lend 'ma and pa' any mortgage money.
Enjoy the Obama change. The rich get richer and the poor get lied to.

“Monmouth County NJ Real Estate”

Since: Jun 13

Ocean Grove

#5 Jun 4, 2013
Of course it matters. Thus the post.
Thank you for the reply!
Jenine
learn the difference wrote:
there versus their
If you're a professional it matters.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Top Stories Discussions

Title Updated Last By Comments
The Christian Atheist debate (Jun '15) 4 min Rosa_Winkel 56,061
Prove there's a god. (Mar '08) 21 min trifecta1 971,801
the REAL REASON Ron Goldman was stabbed...64 TI... (Aug '15) 29 min RiccardoFire 21
News Roman Catholic church only true church, says Va... (Jul '07) 34 min RoSesz 650,329
Bush is a hero (Sep '07) 40 min RiccardoFire 182,944
Jehovah's Witnesses are true disciple of Jesus ... (Mar '07) 46 min RiccardoFire 44,962
Play "end of the word" part 2 (Dec '15) 51 min ImFree2Choose 2,332
Why I’m no longer a Christian (Jul '08) 6 hr Xcentric in Vidor 445,915
Moms having sex with their sons (Aug '12) 22 hr akon mason 70
More from around the web