The document provides an analysis of real estate market trends in Princeton and surrounding areas of New Jersey. It discusses inventory levels, pending sales, absorption rates and price trends on a town-by-town basis. Recent signs point to stabilization in the housing market with inventory down, pending sales up and absorption rates improving from over a year ago.
Created to give clarity as to the overall market trends, show how 'local' real estate really is and to give strategies for buyers and sellers to make good decisions in a tough market.
Lack of Inventory Plagues Market - Real Estate Report August/SeptemberAMSI, San Francisco
The Real Estate Report August/September, local market trends San Francisco: "Lack of Inventory Plagues Market" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Market Trends July-Aug 2015Jon Weaver
After reaching new all-time highs in May, the median prices for single-family, re-sale homes backed off a bit in June.
Nevertheless, the median home price has been higher than the year before for the past thirty-eight months straight. The median home price has stayed over $1MM for fifteen of the past seventeen months.
Created to give clarity as to the overall market trends, show how 'local' real estate really is and to give strategies for buyers and sellers to make good decisions in a tough market.
Lack of Inventory Plagues Market - Real Estate Report August/SeptemberAMSI, San Francisco
The Real Estate Report August/September, local market trends San Francisco: "Lack of Inventory Plagues Market" by AMSI's Real Estate Broker Robb Fleischer
Annie Williams Market Trends July-Aug 2015Jon Weaver
After reaching new all-time highs in May, the median prices for single-family, re-sale homes backed off a bit in June.
Nevertheless, the median home price has been higher than the year before for the past thirty-eight months straight. The median home price has stayed over $1MM for fifteen of the past seventeen months.
2010 Real Estate Market Forecast: Jed Smith Real Estate Roundtable PresentationKent Simpson
Real estate market forecast for the rest of 2010 provided by Jed Smith, economist for National Association of REALTORS - presented on the Real Estate RoundTable show on BlogTalkRadio March 5, 2010.
Quantitative Easing and Mortgage Rates - Real Estate Report November/DecemberAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Case-Shiller Report Slowing Price Increases - Real Estate Report October/Nove...AMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.
Median Home Price Stays Over $1MM - July/August Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The Concord Group's Housing Recovery Forecastbigbuilder
Land use and real estate development consultants from The Concord Group offer up a brief overview of the current for-sale housing market conditions and forecast both national and regional recovery scenarios. Land/lot development is expected to precede a broader housing recovery by as much as 18 months, suggesting that builders and developers move to make adjustments to land entitlements and planning immediately to be in position to meet new-home demand when it returns in full force.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report - June 2020Jon Weaver
Sales of single-family, re-sale homes tanked, again, in May compared to last year. Home sales were down 56.5%. There were 104 homes sold in San Francisco last month. The average since 2000 is 214. We expect home sales to continue dropping for the next two months.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report Nov-Dec 2015Jon Weaver
California home sales to increase slightly, while prices post slowest gain in five years. California’s housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability also will persist,
according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016 California Housing Market Forecast”.
2010 Real Estate Market Forecast: Jed Smith Real Estate Roundtable PresentationKent Simpson
Real estate market forecast for the rest of 2010 provided by Jed Smith, economist for National Association of REALTORS - presented on the Real Estate RoundTable show on BlogTalkRadio March 5, 2010.
Quantitative Easing and Mortgage Rates - Real Estate Report November/DecemberAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Case-Shiller Report Slowing Price Increases - Real Estate Report October/Nove...AMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes montly updates regarding mortgage rates, market statistics, sales momentum, pricing momentums, trends at a glance, foreclosure statistics and more.
Median Home Price Stays Over $1MM - July/August Real Estate ReportAMSI, San Francisco
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The Concord Group's Housing Recovery Forecastbigbuilder
Land use and real estate development consultants from The Concord Group offer up a brief overview of the current for-sale housing market conditions and forecast both national and regional recovery scenarios. Land/lot development is expected to precede a broader housing recovery by as much as 18 months, suggesting that builders and developers move to make adjustments to land entitlements and planning immediately to be in position to meet new-home demand when it returns in full force.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report - June 2020Jon Weaver
Sales of single-family, re-sale homes tanked, again, in May compared to last year. Home sales were down 56.5%. There were 104 homes sold in San Francisco last month. The average since 2000 is 214. We expect home sales to continue dropping for the next two months.
The Robb Fleischer’s Real Estate Report – Local Market Trends San Francisco includes monthly updates regarding mortgage rates, market statistics, sales momentum, pricing momentum, trends at a glance, foreclosure statistics and more.
Annie Williams Real Estate Report Nov-Dec 2015Jon Weaver
California home sales to increase slightly, while prices post slowest gain in five years. California’s housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability also will persist,
according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016 California Housing Market Forecast”.
Greater Princeton NJ Real Estate Market UpdateAnn Harwood
Data and information on the Greater Princeton NJ Real Estate Market as of September 21, 2010.
Information on FREE Weichert Realtors Seminar on the LOCAL Real Estate Market, Saturday, Sept. 25 at 11:00 a.m. 350 Nassau Street, Princeton, NJ
CANADIAN HOME SALES ACTIVITY IMPROVES IN JUNE - 16 JULY 2018Shawn Venasse
CANADIAN REAL ESTATE ASSOCIATION STATISTICS FOR JUNE 2016 and CANADIAN REAL ESTATE ASSOCIATION - QUARTERLY FORECAST:
HIGHLIGHTS:
National home sales rose 4.1% from May to June.
Actual (not seasonally adjusted) activity was down 10.7% from June 2017.
The number of newly listed homes eased 1.8% from May to June.
The MLS® Home Price Index (HPI) in June was up 0.9% year-over-year (y-o-y).
The national average sale price edged down 1.3% y-o-y in June.
Want the most detailed analysis of the Princeton Real Estate Market available? Want to know the trends in Princeton's different neighborhoods? Take a look at Weichert, Princeton's exclusive report on the Princeton, NJ market.
Want the most up to date data on the Princeton, NJ real estate market? Look through this comprehensive report that offers insights into the single family and condo markets in Princeton. We now break neighborhood trends down as well as the luxury vs starter home markets.
Did you miss the residential tax appeal workshop? Here are slides prepared and presented by Jeff Gradone, Esq. The presentation walks you through the process of the residential tax appeal in New Jersey.
Weichert, Princeton January Market Recap & ForecastWeichert Realtors
Want your Phd in Princeton area real estate? Have a look at some of the most detailed data on the Mercer, Middlesex and Somerset County real estate markets. Whether you are buying or selling this will give you insight into both.
Do you or anyone you know have an interest in the Princeton Real Estate Market? Is your primary language Mandarin? This exclusive report offers insights in the Princeton, West Windsor, Hopewell, Lawrenceville Real Estate markets among others. Offers details on price trends, school reports, pace of sales and more.
Want to know the trends of the South Brunswick, NJ real estate market? Are single family prices outpacing condos? Have a look at the most up to date market report for the South Brunswick market.
Want to see how home prices are faring in Lawrenceville, NJ? Are condos outperforming single families? Take a look at my exclusive Lawrence Real Estate Market Update and call me for any questions.
Want to see the latest home price trends in the Princeton & Mercer County real estate markets? Here is the latest research from the Weichert, Princeton office. Covers pricing, trends as well and buying and selling strategies.
Want to know why homes are flying off the market in Princeton, NJ and the surrounding towns? Take a look at this grid. The inventory of available homes is down in every major market.
Princeton Real Estate Market Presentation March 2017Weichert Realtors
Here is the slide deck from the Weichert, Princeton office Real Estate Market Update. Shows the Princeton area real estate trends and buyer and seller strategies for the 2017 market.
Review how the Princeton real estate market fared in 2016. Did prices go up or down? Houses sell faster? Review the report for the most to date information on the Princeton housing market.
Weichert Princeton March 2016 Market Update SeminarWeichert Realtors
A review and preview of the Princeton, NJ area real estate market trends. Offers insights into price trends, affordability and strategies to buy and sell.
Executive Summary of the 2015 Princeton Real Estate MarketWeichert Realtors
A detailed look at the price trends in the Princeton, NJ real estate market. This report offers a view of both single family and condo/townhouse price trends in Princeton.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
August Market Update Seminar
1. Weichert, Princeton Office August Market Update Seminar Offers analysis of the Princeton & Greater Princeton, NJ real estate markets & effective strategies to buy and sell.
2. Presented by: Joshua D Wilton Broker/ Sales Rep. Weichert Realtors Princeton, NJ O 609-921-1900
10. 2009: Foreclosure Forecast Within Company-Owned Footprint Over 1800 Foreclosure in Mercer County. Less than 72 foreclosures in 08540 (3 townships). Less than 27 foreclosures in West Windsor. Majority of the 1800 are in Trenton. - foreclosurepoint.com
11. Home Price Trends in Down Markets: Big Declines in Subprime Neighborhoods Yellow – Conforming Loans Only (OFHEO) Orange – All Loans including subprime and jumbo loans (Case-Shiller) Red – Subprime Loans (NAR estimate based on subprime weight)
12. Where is the bottom of the market? “ The effects (of foreclosures) are continued declining prices….probably another 5-8%* to the bottom. As for the effect of foreclosure pricing, all of these problems are causing home prices to go lower than is necessary from an affordability perspective . That’s because everyone is now worrying about job security. As a result, the recovery will take place at a faster pace once it gets started.” – Jeff Otteau (otteau.com- January 2009)
14. Pending Home Sales Record Fourth Straight Monthly Gain Washington, July 01, 2009 Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the National Association of Realtors®. The Pending Home Sales Index , 1 a forward-looking indicator based on contracts signed in May, increased 0.1 percent to 90.7 from an upwardly revised reading of 90.6 in April, and is 6.7 percent higher than May 2008 when it was 85.0. The last time there were four consecutive monthly gains was in October 2004.
15. August 21, 2009 By Lawrence Yun, Chief Economist The housing market has decisively turned for the better. Existing home sales (single-family plus condos and coops) increased 7.2 percent from the prior month to a seasonally adjusted annual rate of 5.24 million units from an unrevised 4.89 million unit pace in June. Compared to the same month one year ago, existing home sales were higher by 5.0 percent. The latest increase of over 7 percent is the highest monthly increase in at least 10 years. The latest positive gain from one year ago (rather than a decline) was the first occurrence since November 2005 (nearly four years ago).
16. August 21, 2009 By Lawrence Yun, Chief Economist The year-over-year increase of 5 percent from one-year ago is the highest year-over-year rise since September of 2005. The home sales pace of 5.24 million was the highest since August 2007. Regionally, home sales rose in three of four major regions. From June to July seasonally adjusted sales were: In the Northeast, existing home sales increased 13.4 percent In the Midwest, sales increased 10.9 percent In the South, sales increased 7.1 percent In the West, sales decreased 1.7 percent Compared to a year ago, sales are higher in all four regions. The current housing market recovery is broad based, not isolated in few cities.
17. August 21, 2009 Strong Gain in Existing-Home Sales Maintains Uptrend Washington, August 21, 2009 For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate 1 of 5.24 million units in July from a level of 4.89 million in June, and are 5.0 percent above the 4.99 million-unit pace in July 2008. The last time sales rose for four consecutive months was in June 2004, and the last time sales were higher than a year earlier was November 2005.
18. “ Everything I am seeing tells me we have arrived at the bottom of the market, specifically in the popular and affordable price ranges.” J. Weichert 6/2009
19. 49.8% Increase in Sales $300,000 & Under Recovery Has Begun May YTD reported internal revenue units
35. While continuing economic challenges lie ahead, it’s instructive to remember that the housing market tends to lead the economy in-to and out-of recession. … Building on last month’s column as to what a housing recovery will look like – more homes selling and fewer to choose from – the New Jersey market continued in the direction of stabilization last month. In May, Contract-Sales continued to rise by equaling the pace from one year ago and appear poised to exceed last year’s sales pace soon. Such a break-through above the prior year’s pace has occurred only 3 times in the past 5 years, in early 2007 and again in July 2007, as the market attempted to stabilize before being swamped by mortgage foreclosures. But different from 2007 when home sales slumped in the critical spring month of April amidst rising foreclosures and falling consumer confidence, this year’s sales pace has risen steadily in each month and now stands 86% higher than the January pace. Source- www.otteau.com
36. 1. Real Estate is Local Top Five Rules for Understanding the Real Estate Market: 2. Real Estate is Local 3. Real Estate is Local 4. Real Estate is Local 5. Real Estate is Local
38. Market Absorption Scale (Absorption Rate in Months) 5-6 months absorption rate indicates a normal market.
39. 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Princeton Boro: All Styles 46 4 11.5 6 2 5 11% 1 1 4 Pton -Boro Condo/ Thouses 12 0 99 1 1 2 17% 0 1 0 Pton-Boro Single Family 34 4 8.5 5 1 3 9% 1 0 4 Pton Twp: All Styles 133 20 6.7 17 (3) 30 15% 10 8 21 Pton Twp: Condo/ Thouses 20 4 5 2 (2) 5 25% 3 1 4 Pton Twp: Single Family 113 16 7.1 15 (1) 15 14% 7 7 17
40. Town by Town Analysis 8/11/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings West Windsor: All Styles 101 34 2.9 37 3 22 22% 7 4 43 West Windsor Condo/ T.Houses 18 8 2.2 7 (1) 5 28% 2 0 12 West Windsor 55+ 7 0 99 - - - - - - - West Windsor Single Family 76 26 29 30 4 17 22% 5 4 31 Lawrence: All Styles 190 35 5.4 50 15 42 22% 13 14 31 Lawrence: Condo/ THouses 91 15 6.0 25 10 19 21% 3 5 14 Lawrence: 55+ 26 0 99 - - - - - - - Lawrence: Single Family 83 20 4.1 25 25 23 27 10 9 27
41. Town by Town Analysis 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Ewing: All Styles 237 30 7.9 44 14 46 19% 19 8 27 Ewing : Condo/ T.Houses 44 3 14.6 10 7 10 23% 6 4 7 Ewing 55+: 1 0 99 - - - - - - - Ewing: Single Family 172 27 6.3 34 7 36 21 12 4 20 East Windsor: All Styles 188 28 6.7 45 12 37 19 18 8 25 East Windsor: Condo/ THouses 99 12 8.2 25 13 19 19 10 5 11 East Windsor: 55+ 19 0 99 - - - - - - - East Windsor: Single Family 70 16 4.3 15 25 18 25 8 3 14
42. Town by Town Analysis 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Hopewell Twp. All Styles 174 19 9 25 6 35 20% 12 6 22 Hopewell Twp. Condo/ T.Houses 26 6 4 6 0 9 35% 3 1 5 Hopewell Twp.: 55+ 6 0 99 - - - - - - - Hopewell Twp: Single Family 142 13 11 19 6 26 18% 9 5 17 Hamilton: All Styles 561 96 6 121 25 118 21% 36 19 91 Hamilton: Condo/ THouses 95 22 4 27 5 27 28% 7 5 21 Hamilton: Single Family 425 71 6 94 23 91 21% 29 14 70 Hamilton: 55+ 41 3 14 - - - - - - -
43. Town by Town Analysis 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Robbinsville All Styles 108 17 6 27 10 19 18% 8 8 22 Robbinsville Condo/ T.Houses 51 11 5 20 9 10 20% 4 3 13 Robbinsville 55+ 0 0 0 0 0 0 0 0 0 0 Single Family 57 6 9.5 7 1 9 16% 4 5 9 Hightstown Boro: All Styles 59 2 29.5 13 11 17 29% 4 3 7 Pennington 25 3 8 3 0 8 32% 3 2 6 Hopewell Boro: All Styles 9 3 3 0 (3) 2 22% 0 0 3
44. Market Activity: Town by Town Analysis 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings PlainsboroAll Styles 70 16 4.3 17 1 14 2% 9 0 22 Plainsboro Condo/ THouses 41 10 4.1 11 1 9 21% 5 0 7 Plainsboro 55+ 11 0 99 3 3 1 9% 2 0 0 Plainsboro Single Family 18 6 3 3 (3) 4 22% 2 0 15 Cranbury: All Styles 31 1 31 9 8 3 9% 1 0 0 Cranbury: 55+ 3 0 99 1 1 2 66% 0 0 0 Cranbury: Single Family 28 1 28 8 7 1 3% 1 0 0
45. Town by Town Analysis 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings South Brunswick All Styles 208 24 8 43 19 35 16% 27 6 4 South Brunswick Condo/ T.Houses 70 9 7 21 12 19 14 6 3 1 South Brunswick 55+ 31 6 5 2 (4) 4 12 4 0 0 South Brunswick Single Family 109 9 12 20 11 21 19 17 3 0 Monroe: All Styles 487 39 12 92 53 105 21% 41 7 9 Monroe: 55+ 312 29 10 53 24 68 21% 22 6 1 Monroe: Single Family 175 10 21 39 29 37 21% 19 1 0
46. 8/18/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Montgom. 140 43 3.3 33 (10) 38 28% 6 9 39 Hillsboro 262 31 8.5 56 25 46 18% 18 8 46 Rocky Hill 4 0 99 2 2 1 25% 0 1 0 Franklin 406 65 6.2 90 25 79 20% 22 17 57
47. Market Absorption Scale (Absorption Rate in Months) 5-6 months absorption rate indicates a normal market.
48. Absorption Rate by Price Range Weichert has been studying market conditions for more than 3 decades and has found a direct correlation between market absorption and property values. As absorption rates increase beyond a normal market level of 5-6 months, property values depreciate annually .
49. Sample Market Absorption Rate 107 current active listings 4 reported sales in last 30 days = 24.3 months absorption rate Anytown., NJ 5-6 Months Market Absorption Rate indicates a normal market.
50. Princeton Borough Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$500 9 0 99 $500-999k 14 2 7 $1 million - $2 million 15 0 99 $2- $5 million 7 0 99
51. Princeton Township Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$500 6 3 2 $500-999k 49 4 12.2 $1 million - $2 million 43 3 14.3 $2- $4 million 26 1 26 $4 + 2 0 99
52. West Windsor Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$500 46 12 3.83 $500-750k 36 11 3.27 $750-999 20 3 6.6 $999 + 6 0 99
53. Lawrence Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$400 134 16 8.3 $400-650 44 7 6.2 $650-999 11 1 11 $999 + 8 0 99
54. Ewing Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$150 30 3 10 $150-250 126 12 10.5 $250-450 80 4 20 450+ 9 0 99
55. Hopewell Absorption Rate By Price Towns Active Listings Pending in Last 30 Days Absorption Rate in Months 0-$400 63 4 15.7 $400-$650 46 1 46 $650-999 39 1 39 $999+ 33 0 99
64. Town by Town Analysis 8/11/09 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings West Windsor: All Styles 101 34 2.9 37 3 22 22% 7 4 43 West Windsor Condo/ T.Houses 18 8 2.2 7 (1) 5 28% 2 0 12 West Windsor 55+ 7 0 99 - - - - - - - West Windsor Single Family 76 26 29 30 4 17 22% 5 4 31 Lawrence: All Styles 190 35 5.4 50 15 42 22% 13 14 31 Lawrence: Condo/ THouses 91 15 6.0 25 10 19 21% 3 5 14 Lawrence: 55+ 26 0 99 - - - - - - - Lawrence: Single Family 83 20 4.1 25 25 23 27 10 9 27
65. Market Absorption Rate West Windsor Twp. 18 current active listings 7 reported ‘pending’ sales in last 30 days = 2.5 month absorption rate Townhouses All Prices Market Absorption Rate is the number of months it will take to sell the current inventory of homes if nothing new comes on the market and the rate of sales stays the same 5-6 Months Absorption Rate indicates a Normal Market
66. Market Absorption Scale (Absorption Rate in Months) 5-6 months absorption rate indicates a normal market.
67. Market Absorption Rate West Windsor Twp. 16 current active listings 3 reported ‘pending’ sales in last 30 days = 5.5 month absorption rate Townhouses $0-500 Market Absorption Rate is the number of months it will take to sell the current inventory of homes if nothing new comes on the market and the rate of sales stays the same 5-6 Months Absorption Rate indicates a Normal Market
68. Market Absorption Rate West Windsor Twp. current active listings 0 reported ‘pending’ sales in last 30 days = 4.25 month absorption rate Townhouses $500k+ Market Absorption Rate is the number of months it will take to sell the current inventory of homes if nothing new comes on the market and the rate of sales stays the same 5-6 Months Absorption Rate indicates a Normal Market
69. Market Absorption Rate West Windsor Twp. 2 current active listings 0 reported ‘pending’ sales in last 30 days = 99 month absorption rate Townhouses $500 + Market Absorption Rate is the number of months it will take to sell the current inventory of homes if nothing new comes on the market and the rate of sales stays the same 5-6 Months Absorption Rate indicates a Normal Market
70. 2. ‘I am going to time the Market and buy at the peak inventory level and when no one else buys…’ Source: MLS
82. Jeff Smith, Gold Services Manager/ Loan Officer Financial Benefits and Process of Home-Ownership.
83. ‘ I don’t want to buy a house and then watch it drop in value!’
84. Purchase Price $329,000 Loan Amount $317400 Down Payment $11,515 Monthly P&I $1802 Appreciation/Depreciation Home Value 1st Year -3% $319,130 2nd Year 0% $319,130 3rd Year 1% $322,321 4th Year 3% $331,990 5th Year 5% $348,590 5 Year Appreciation/Depreciation $19,500 Tax Benefit Vs Paying Rent @ $1600/mo 1st Year $5,000 $19,200 2nd Year $5,000 $19,200 3rd Year $5,000 $19,200 4th Year $5,000 $19,200 5th Year $5,000 $19,200 5 Year Total $25,000 $96,000 Total Gain $44,200 Create Equity v Pay Rent
85. + The Amortization Schedule on a Loan = Total 5 Year Gain: $59,922 Yearly Schedule of Balances and Payments Year Beginning Balance Payment Principal Interest Cumulative Principal Cumulative Interest Ending Balance 2010 $315,646.96 $21,625.92 $4,374.96 $17,250.96 $6,128.00 $24,508.72 $311,272.00 2011 $311,272.00 $21,625.92 $4,621.30 $17,004.62 $10,749.30 $41,513.34 $306,650.70 2012 $306,650.70 $21,625.92 $4,881.98 $16,743.94 $15,631.28 $58,257.28 $301,768.72 2013 $301,768.72 $21,625.92 $5,157.36 $16,468.56 $20,788.64 $74,725.84 $296,611.36 2014 $296,611.36 $21,625.92 $5,448.28 $16,177.64 $26,236.92 $90,903.48 $291,163.08
86. Incentive From the Government First-time homebuyers can receive a tax credit up to $8000!
87. Tax Credit Overview Distribute NAR Tax Credit Overview handout Amount Ten percent of the cost of home, not to exceed $8,000 Property Any single family residence that will be used as a principal residence Refundable Reduces income tax liability for the year of purchase Income Limit Adjusted gross income of $75,000 single or $150,000 joint tax returns First-Time Must not have owned a principal residence in 3 years prior to purchase
98. 2 . The Effect of Staging on the Value of a Your Home .
99. The process of preparing homes for sale regardless of Price, Location, or Condition To achieve the maximum sales price in the minimum marketing time. The GOAL is to appeal to the broadest range of BUYERS .
105. Based on a StagedHomes.com survey of over 400 homes across Canada & the Continental US prepared for sale by an Accredited Staging Professional (ASP™) from June 2007 through November 2007.
106. Why Promote Home Staging ? The average increase in sales price of an ASP Staged vs. non-Staged home is 6.9% . That is an additional $31,050 on a $450,000 sale.
107. The average marketing time of an ASP Staged vs. non-Staged home is 80% less . Why Promote Home Staging ?
108. 3. The Effect of ‘ Pre-Inspection’ on the Sale of Your Home.
110. Home Inspection WHAT DOES PRE-INSPECTION INCLUDE? The standard home inspector's report will review the condition of the home's heating system, central air conditioning system (temperature permitting), interior plumbing and electrical systems; the roof, attic, and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement, and visible structure.
112. All Negotiations, including real estate, are all about negotiation and control. Who is in control? Right Price Right Staging All Repairs are done in advance. Offer a Home Warranty to the buyer..
113. PRE-LISTING Home Inspection Data on where most sales fall apart: attorney review, home inspection. Fall Thru Percentage 2007: 26% Fall Thru Percentage 2008: 10.2% .
114. Home Improvements I am moving out of the house, I do not want spend too much money to move. Or I just spent $$ on a new kitchen, I want $$$$$$ back on that investment when I move.
115.
116.
117. Reality of today’s market is that you will see the return on your investment not in an inflated sales price but in retaining the highest percentage of your list price and staying on the market the fewest # of days. Please consult with your Realtor & staging professional as to which improvements you should finish to make your home the most salable.
118. Weichert Family of Companies What will a real estate company do for me?
119. Making Your Purchase as Smooth as Possible Buying a home involves the careful coordination of many people. Choosing a real estate team you can count on will make the process smoother and easier.
Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your Associates. For example, you might discuss the market conditions of different communities or price ranges each week.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
(elicit responses)
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
28
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
28
Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
New Stats Pulled Off StagedHomes.com
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.
Review the generic sample calculation and/or a customized calculation you prepared for your office market area. Follow the instructions below to update this slide with customized information for your office. Save the Sales Meeting Guide presentation to your C drive. Open the Sales Meeting Guide presentation from your C drive. Scroll down to the “Sample Market Absorption Rate” slide in the weekly training section of the presentation. Double-click on the slide to be able to make edits. Click in each section of the formula to edit text. Save the document to save edits.