Author Archives: carllaurence

Finding a Nugget of Gold Buried in the Sand

When the current foreclosure crisis first began, many tried to explain it away by pointing out that the majority of distressed properties were limited to what was then termed the four ‘sand states’ (Arizona, California, Nevada and Florida). When the … Continue reading

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Examining 2012 . . . A Mortgage Perspective

It’s the time of year that we look ahead and attempt to give our best guesses about the market, the industry, and the effects they may have. So, here are my thoughts about the mortgage world: Interest Rates Should Be … Continue reading

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Somerset County New Jersey House Prices to Fall Over Next Six Months

In a normal real estate market, it may make sense to wait for the spring buyers’ to appear before placing your house up for sale. The current real estate market is anything but normal however. The increase in supply of distressed properties will overshadow any increase … Continue reading

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Effective October 1, 2011, the costs associated with getting a VA mortgage are going DOWN!

Effective October 1, 2011, the costs associated with getting a VA mortgage are going DOWN! An overview: VA mortgages are bundled, securitized and sold in the secondary market with the backing of the Federal Government. In order to insure these … Continue reading

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Vacation and Luxury Homes are Selling.

It has been a trying time for most segments of the real estate industry. However, two areas that are showing improvement are the luxury home and vacation home markets. It seems that people in these segments are again beginning to … Continue reading

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The window of opportunity for sellers in New Jersey is quickly coming to a close.

The window of opportunity for sellers in New Jersey is quickly coming to a close. I have suggested that sellers who need to sell within the next 18 months had a ‘window of opportunity’ to sell at higher prices. They … Continue reading

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ShortSales . . . A Dignified Path to a Financial Challenge.

ShortSales . . . A Dignified Path to a Financial Challenge. I am truly excited that the banks are beginning to see that a short sale in many cases is a better alternative to foreclosing on a property. It makes more sense … Continue reading

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Bernardsville New Jersey is #8 in New Jersey Monthly Magazine’s Top Twenty Towns

New Jersey Monthly has just published it’s Top Towns in New Jersey list. Guess who ranked #8. View the full list or to find out more information about Bernardsville New Jersey and Homes for Sale in Somerset County, NJ call Larry Paruta … Continue reading

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Bernardsville, New Jersey Basking Ridge, New Jersey Bernards, New Jersey and Warren, New Jersey: There are More Disclosures on the Way to “Help” the Consumer.

Bernardsville, New Jersey Basking Ridge, New Jersey Bernards, New Jersey and Warren, New Jersey: There are More Disclosures on the Way to “Help” the Consumer. In their never ending quest to “simplify” the confusion surrounding the borrowing of money, the … Continue reading

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Thinking of Buying a Home? Did You Forget Something?

Over the past few weeks and months, the media, so-called experts and most of our friends and relatives seemed to have almost soured on buying a home at this time. With fear of a fragile economy and high unemployment rates, who … Continue reading

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5 Real Estate Headlines You’ll See in the Next Six Months

5 Real Estate Headlines You’ll See in the Next Six Months : Somerset County Homes For Sale Making predictions can be the ‘kiss-of-death’ for a blog. Even if I get four out of five correct (80%), there are those in the … Continue reading

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