Home builders in South Jersey, and throughout the country, have continued to keep a watchful eye on the baby boomer generation.  As this population segment ages, home builders have tried to anticipate their lifestyle needs and wants and in response continue to construct new and improved 55 and over active adult communities. 

It is believed by the NAHB (National Association of Home Builders) that this market has not yet reached its potential according to the Aug. 13th news release.  Their belief is evidenced by the continuous construction of the 55 and over communities throughout the state and across the country.  Within the South Jersey area there are now numerous active adult age restricted communities available, along with a number of locations planned for new construction in the upcoming years. 

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For those of you searching for houses for sale in Marlton, consider visiting the open house in Marlton, NJ we will be holding on October 21, 2007 at 2249 Old Marlton Pike between 12 pm and 4pm.  This property sits on a beautiful piece of land which is 1.26 acres and has 4 bedrooms, and 3 full bathrooms, and a full partially finished basement.  A two story addition was put on just a few years ago which added a fully updated and very spacious eat-in kitchen and a wonderful master suite with full bath including a garden tub, and a walk-in closet.  The home is much larger than it appears from the street, the inside is a definite "Must See".  For additional information on this property click here.  If you are unable to make the  Open Houses feel free to give me a call and I will be happy to arrange a time for you to tour the property that is convenient for you and your schedule.  Check back soon for additional open house information on this property and for future open house dates.  

The deadline for filing your New Jersey Homestead Rebate, previously known as the Fair Rebate Program, has been extended to October 31, 2007.  Home owners and tenants that are eligible may file to receive their homestead rebate.

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The New Jersey Association of Realtors recently launched a new website that provides information regarding the Realty Transfer Fees, also known as the home sales tax, in NJ and urges home owners to help block the proposed increase to the home sales tax. 

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Too Late!  Click to Search Current Homes for Sale

Evesham NJ 08053
4 Bedroom, 3 Full Baths, on 1.26 acres!

Newer listing located in Marlton, NJ. Updated and Upgraded! Two story addition recently added provided a large new updated kitchen and full master suite.  Property situated on a beautiful piece of land.  Anyone interested in homes for sale in Marlton shouldn’t miss this home.  Click the following link for more details:

There have been a total of 457 residential properties listed this year in Medford, NJ from January 1 through August 20.  Of the properties listed 164 homes have been sold with an average of 93 days on market.

As of this morning the current inventory is 261 residential properties on the market. The average number of sales per month for the last 12 full months is 21, leaving us with an inventory accumulation of 12 months to sell the current listed properties.

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 Too Late!  Click to search Homes for Sale

 Cinnaminson, NJ 08077
3 Bedroom, 2 Full - 2 Half Bath, 1 car garage

For those of you searching for a newer home in Cinnaminson or surrounding areas check out this property!  Built in 2005, this Cinnaminson home could be perfect for you. 

If you are interested in purchasing a condominium or townhouse in South Jersey, you should consider Mount Laurel, NJ; located within Burlington County.  Mt. Laurel’s great location provides easy access to major highways such as Rt. 73, I-295, Rt. 38, New Jersey Turnpike, and is just a half hour commute to Philadelphia.

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Before we get started, the name of this post was a website I found many many moons ago.  The site goes over the do’s and don’ts when hiring contractors and does include some helpful articles to help out homeowners when choosing a contractor for your next remolding or home improvement project.

The reason I’m writting this post is because of repeated frustrating experiences home owners have with contractors.  Dealing with the  unprofessional or unethical (or both) contractors is an absolute nightmare for both the home owner and potential home buyer. 

What many home sellers and buyers don’t realize is that contractors they hire can jeapordize the sale of a home. 

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The first quarter of 2007 housing market review will compare the real estate market activity in South Jersey throughout Burlington, Camden, Gloucester, Salem, and Mercer counties.  I don’t usually cover Mercer and Salem but to get an accurate picture of the current housing market I will be, since they also use the same multiple listing service and data is available by Trend MLS. The information below is for the date range of Jan. 1, 2007 through March 31, 2007 compared to the same time frame last year.  It is limited to residential properties only, and excludes commercial and multi-family. 

Listed = Number of properties coming onto the market
Pended = Number of properties that went under contract
Sold = Number of properties that settled

Burlington County
2007:
Listed: 3315
Pended: 1487
Sold: 1220

2006:
Listed: 3300
Pended: 1724
Sold: 1345

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