Not just selling shore homes, selling a shore way of life. Your resource for the best homes, hotspots, & happenings in Margate, Ventnor, & Atlantic City.

Friday, May 28, 2010

SUMMER IS HERE! COME TO OUR 13 OPEN HOUSES THIS WEEKEND!




So the summer is really here!!!  It's the big Memorial Day weekend and everybody is headed for the Jersey Shore.  We have 13...YES, count em!! 13 FABULOUS Open House to choose from this weekend.  Be sure to grab a copy of The Jewish Exponent or The Down Beach Current.  You will find the back page has our FULL COLOR ad showing the times and addresses for all our Open Houses.  We hope we see you at one or all of them!!!


Saturday, May 29th -  11am-1pm


28 S. Benson Avenue, Margate, NJ


Steps to the beach, this South side Margate beach ranch home is the best opportunity on the market today. Situated on a huge lot that runs street to street, this home features a new custom kitchen w/granite counters & SS appliances, new A/C, remodeled baths & gorgeous H/W floors through out. Outside there is a front porch, a back patio & a huge fenced yard perfect for big parties, a pool or an addition. Build an additional 2nd fl. unit to rent as it's also zoned multi-family. 3 car parking & shed too. $649,000


Saturday, May 29th - 11am-1pm


26 N. Buffalo Avenue, Ventnor, NJ


This 4BD, 2BA house IS BREATHTAKING!!! Gutted to the studs & totally renovated & just 2.5 blocks to the beach. The AMAZING home features new cherry oak hardwood floors through out, eat in kitchen w/granite counter tops, a 1st floor BD & full BA, a large living room & bonus sun room & pavered patio for barbecues. All new electric, tank less hot water heater, roof, Energy Star HVAC , all new insulation, wireless security system, professionally landscaped & a2nd story deck off the master bedroom..so much more! $545,000


Saturday, May 29th - 12pm-2pm


700 N. Surrey Avenue, Ventnor, NJ


Gracious living can be yours in this stunning 3 BD, 2.5 BA home custom built in ‘03. Conceived as a haven for luxury living this home features a dramatic 2 story entry hall, a gourmet eat-in kitchen w/granite counters & Blanco granite sink, an impressive master BDRM suite w/walk-in closet & spacious master bath/shower & whirlpool tub. BONUS! The living room comes equipped w/a state of the art 42” plasma TV w/ built in surround sound and new hardwood floors.Fenced yard w/deck, attached garage & MORE! $369,000


Saturday, May 29th - 12pm-2pm


108 S. Philadelphia Avenue, Beach Block Margate, NJ


Aptly named The House of Seven Gables, this former English Tudor is being transformed into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,685,000


Saturday, May 29th - 2pm-4pm


7815 Atlantic Avenue, Margate, NJ


The residence at “The Franklin House” Ocean view Townhouses redefines excellence. These residences offer a Shore living experience that is unparalleled in Margate. Each 3 BD 4BA unit features a unique designer layout, named “The New Model for Margate” for its superior design & construction by architect Robert Kiedjan Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & SubZero & Wolf appliances, central vac & 2 car garage. $925,000


Saturday, May 29th - 2pm-4pm


227 N. Clarendon Avenue,Margate, NJ


WOW! That is just what you will say when you walk through this newly renovated 2 BD 1 BA beach home located on a huge corner lot. Professionally decorated & offered fully furnished as an option, this charming & stylish home features hardwood floors, huge eat in kitchen w/granite center island & large dining room (that could be converted into a den or guestroom). Don't miss the new bath, flat screen TVs, front porch, expansive back deck, fenced yard, new carpet, shed & 2 car parking. JUST MOVE IN! $399,000


Sunday, May 30th - 11am-1pm


115 N. Brunswick Avenue,Margate, NJ


This 5 BD 2 BA cape cod house has all the potential to be the perfect summer getaway or year round home. Ready to be renovated, this charming home stands high in the middle of the lot w/original wood shingles, large front porch & awning. Inside there are H/W floors in the living room, a spacious eat-in kitchen, with 2 large BDs & a full BA on the 1st floor. Upstairs you'll find 3 more BDs, a large storage closet and a 2nd full BA. Close to the beach & the boardwalk too! Make yourself a BRAND NEW old home! $299,000


Sunday, May 30th - 11am-1pm


501 N. Delavan Avenue,Margate, NJ


Situated on a huge corner lot & professionally landscaped, this immaculate 3 BD 2BA home has been totally renovated. Inside the home is breathtaking. The expansive gourmet eat-in kitchen features custom cabinets, granite counters, Sub-Zero appliances, 2 ovens & 2 sinks. The master suite is large & both Baths have been fully renovated to perfection. 3rd BD has custom built-ins & the house also has new AC & water heater, a large covered front porch, an attached garage & rear patio. Shows like new construction! $519,000


Sunday, May 30th - 12pm-2pm


4 S. Iroquois Avenue, Margate


This immaculate Southside custom built home offers every amenity for the discriminating Buyer. The contemporary open floor plan features a great room w/state of the art theater w/surround sound & custom built-ins flowing into the expansive eat-in gourmet kitchen w/granite countertops,Sub-Zero refrigerator, Miele dishwasher & Dacor stove/oven w/warming drawer. The 2nd floor master BD suite includes a private sauna & deck w/ocean views.Other features are: fenced yard, garage, porch & a rear deck - both covered. $825,000


Sunday, May 30th - 12pm-2pm


108 S. Philadelphia Avenue, Beach Block Ventnor, NJ


Aptly named The House of Seven Gables, this former English Tudor is being transformed into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,685,000


Sunday, May 30th- 12pm-2pm


103 S. Newport Avenue, Beach Block, Ventnor, NJ


Tranquil & serene; sunny & spacious, best describes this newly renovated contemporary beach block home. This 5 BR, 3.5 BA beach getaway boasts unparalleled ocean views, a 2 story great room featuring custom cabinetry & gas fireplace & huge DR perfect for people who love entertaining. The newly renovated kitchen is equipped w/ S/S appliances & granite counters, while the master suite affords privacy, unrivaled comfort along w/ocean views. Other highlights includes an oversized garage & multiple decks. $1,450,000


Sunday, May 30th - 2pm-4pm


7815 Atlantic Avenue, Margate, NJ


The residence at “The Franklin House” Ocean view Townhouses redefines excellence. These residences offer a Shore living experience that is unparalleled in Margate. Each 3 BD 4 BA unit features a unique designer layout, named “The New Model for Margate” for its superior design &construction by architect Robert Kiedjan. Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & SubZero amp; Wolf appliances, central vac & 2 car garage. $925,000


Sunday, May 30th - 2pm-4pm


9307 Monmouth Avenue, Margate, NJ


The Margate Marina is that rarest of settings offering the best of the beach, dining & the Marina all within a short walk. This new construction 4 BD, 2.5 BA home offers Victorian beach charm w/shingle exterior, circular windows & arched doors ways.The front porch entry leads to a living room that flows to a large dining room & gourmet kitchen w/granite counter tops & SS appliances. There's a 1st floor master BD, a huge back yard & a 2nd floor deck w/bay views.Being sold furnished w/flat screen TV & 2+ parking. $669,000

Friday, May 21, 2010

MORE MORE MORE - Open Houses Galore!!!




This weekend we are featuring such a great selection of homes for everyone - priced from $279k to $1,685k.  From beach block to bay front, Ventnor and Margate - all the homes are walking distance to the beach.


I hope we see you down this weekend!


Saturday, May 22nd - 12pm-2pm


7815 Atlantic Avenue, Margate, NJ


The residence at “The Franklin House” Ocean view Townhouses redefines excellence. These residences offer a Shore living experience that is unparalleled in Margate. Each 3 BD 4BA unit features a unique designer layout, named “The New Model for Margate” for its superior design & construction by architectRobert Kiedjan. Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & SubZero & Wolf appliances, central vac & 2 car garage. $925,000


Saturday, May 22nd - 12pm-2pm - NEW LISTING!!!


26 N. Buffalo Avenue, Ventnor, NJ


This 4BD, 2BA house IS BREATHTAKING!!! Gutted to the studs & totally renovated & just 2.5 blocks to the beach. The AMAZING home features new cherryoak hardwood floors through out, eat in kitchen w/granite counter tops, a 1st floor BD & full BA, a large living room & bonus sun room & pavered patio forbarbecues. All new electric, tankless hot water heater, roof, Energy Star HVAC, all new insulation, wireless security system, professionally landscaped & a 2nd story deck off the master bedroom..so much more! $545,000


Saturday, May 22nd - 12pm-2pm


5601 Edgewater Avenue, Ventnor, NJ


This charming 3 BD 2 BA rancher is a bright, sunny & spacious residence on a corner lot with exterior highlights including a front porch, patio, fenced yard, attached 1.5 car garage & 3 car parking pad. Inside, the home has been professionally decorated featuring a large living room, spacious eat- in kitchen, largemaster bedroom suite and an expansive laundry room & pantry. The home has central A/C and is located on a beautiful block directly across from the canal and walking distance to the beach. $279,000


Sunday, May 23rd - 12pm-2pm


115 N. Brunswick Avenue, Margate, NJ


This 5 BD 2 BA cape cod house has all the potential to be the perfect summer getaway or year round home. Ready to be renovated, this charming home stands high in the middle of the lot w/original wood shingles, large front porch & awning. Inside there are H/W floors in the living room, a spacious eat-inkitchen, with 2 large BDs & a full BA on the 1st floor. Upstairs you'll find 3 more BDs, a large storage closet and a 2nd full BA. Close to the beach & the boardwalk too! Make yourself a BRAND NEW old home! $299,000


Sunday, May 23rd - 12pm-2pm


9717 Beach Avenue, Margate NJ


Treat yourself & your loved ones to the ultimate beach getaway, in this contemporary direct ocean front 3 BD 2.5 BA townhome. Located on the border of Margate & Longport, w/incomparable ocean views the home features a custom kitchen equipped w/ Miele appliances & granite counters, wet bar, 2nd story deck off the master bedroom suite & a large ocean front patio w/ direct private access to the beach. The home has been extremely well maintained by the current owners including a new bulkhead & roof. $1,099,000


Sunday, May 23rd - 12pm-2pm


108 S. Philadelphia Avenue, Ventnor, NJ


Aptly named The House of Seven Gables, this former English Tudor is being transformed into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,685,000


Sunday, May 23rd - 12pm-2pm


5709 Winchester Avenue, Ventnor, NJ


The best of both worlds is offered in this magnificent bayfront home just 3 blocks to the beach. This elegant & stylish 3 BD, 2 BA showpiece was totally renovated in 2004 & in 2009 had another bedroom added! It is complete with an expansive waterfront deck w/ boat slip, a huge open great room featuring a chef's kitchen with granite counter tops and Thomasville cabinets. The master bedroom suite features a master bath w/private commode, bidet, a floating shower & access to both the porch & fenced garden. $699,000


Sunday, May 23 - 11am-1pm


505 Jonathon Court, Lakeside, Egg Harbor Township,NJ


Pride of ownership & elegant décor best describes this immaculate 3 BD end unit. Nestled in the tranquil Lakeside community, this townhome offers aninviting open layout great for entertaining. Smart upgrades include hardwood floors, upgraded kitchen cabinets, gas fireplace, high end ceiling fans & custom Hunter Douglas window treatments. The 2nd floor offers 2 BD, 1BA & a conveniently located laundry w/new washer & dryer. Large 3rd floor BD vaulted ceiling, walk-in closet & private deck. Best buy in EHT!!!  $169,000


Please feel free to call me directly on my cell at 609-402-5885 if you would prefer a private tour of any of these homes.

Monday, May 17, 2010

If You Build It..They Will Come!!!




Do you have a dream home in your mind? You know…the house in your head? Do you know the things you want your dream home to have? But do you have trouble envisioning the necessary changes to an existing home?


One of the hardest things for Buyers to do when they are looking at properties is to picture themselves in someone else’s home. Most Buyers know what they want in a house - like a first floor master bedroom or a big kitchen/great room or a front porch or an open floor plan. However, for most Buyers, unless the home is already laid out that way, it is almost impossible to imagine the transformation that will create the desired end result.


What turns you off to a house?


Is it pink walls in a living room, pet odors, too much furniture? Or perhaps it’s dark rooms, collectibles everywhere, old kitchens and bathrooms?


But it is more than that. Outdated kitchens and tired old bathrooms are a major turn-off for the average second home Buyer seeking that “move in ready” beach get-away. Even dark tight rooms can make most prospective Buyers turn heel and run…despite the fact that this can often be easily remedied by moving just one wall.


FACT #1: Most people are unable to visualize
It is the main reason Realtors® advise Sellers to de-clutter and store their personal items away - so that Buyers can focus on the house and not be distracted by other people’s “stuff”. But all the cleaning and packing in the world will not move walls and update kitchens and bathrooms. To envision these kinds of changes, you need a Buyer with vision, a Realtor® with imagination and a talented Renovator/Builder.


Let’s face some more facts.  Most of the homes on the island are older and many of them need some updating. This is not a disadvantage. On the contrary, there are a multitude of advantages, because you can:

• Buy a home in a better location for less money
• Remodel, renovate or restore the house to your specific needs
• Get what you want instead of settling for what is already there
• Do the work on your schedule - all at once or over time
• Grow into the home with an eye on the future
• Improve the home to sell and move up


FACT #2: Most Buyers Don’t Want the “Burden” of a Renovation

Perhaps you don’t want the extra “burden” of having a home renovated. It is a common feeling amongst prospective Buyers. Typical objections include:

• I just did this at my primary home
• I can’t come down and supervise as frequently as will be required
• I just want something easier


An excellent Renovator/Builder will make the job easy on you and not require all that much time on your part because the Renovator/Builder is the general contractor, not you. A number of these Renovators/Builders are also designers or have design staff adept at color and décor selection, making the entire remodeling process effortless. The level of your involvement is up to you.

 FACT #3: Renovator/Builders Offer an Alternative: The “BRAND NEW” Old Home
Meet the Renovator/Builders: They put their own money where their mouth is and buy the property because they believe:


The home featured on the cover of this coming month’s Homes & Land (due out Memorial Day weekend) was a total renovation by one of the island’s finest and most innovative Renovator/Builders, Remarkable Renovations. 108 South Philadelphia Avenue is a magnificent beach block home with ocean views and vaulted ceilings, and is a perfect example of a home worthy of saving and transforming into the “BRAND NEW” Old Home you see today.



Smart Renovator/Builders work closely with Realtors® who advise them on their Buyers’ most important criteria. As a result, these ingenious transformations have become so popular that they are often sold in the earliest stages of renovation. In fact most of the homes targeted for renovation are being sold within weeks of being listed for sale. And lucky Buyers who purchase early get more input into color selection and finish choices for their dream home.
Renovator/Builders are doing the job for Buyers all over the island and they are turning out homes better than we have seen in many years.
Build it and they will come. Come and they will build it. The choice is yours.

Thursday, May 13, 2010

OUR 8 OPEN HOUSES - Something for Everyone!!!




Another glorious weekend is upon us and we are happy to host eight GREAT Open Houses.  We have quite a selection to choose from including beach block beauties, bay front homes, Grand homes and great condos.  We love to show you our listings so come out this weekend to the shore.


Saturday, May 15th - 12pm-2pm


108 S. Philadelphia Avenue, Ventnor, NJ


Aptly named The House of Seven Gables, this former English Tudor is being transformed into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite Bas, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,799,000


Saturday, May 15th - 12pm-2pm


103 S. Newport Avenue, Ventnor, NJ


Tranquil & serene; sunny & spacious, best describes this newly renovated contemporary beach block home. This 5 BR, 3.5 BA beach getaway boasts unparalleled ocean views, a 2 story great room featuring custom cabinetry & gas fireplace & huge DR perfect for people who love entertaining. The newly renovated kitchen is equipped with Stainless Steel appliances & granite counters, while the master suite affords privacy, unrivaled comfort along with ocean views. Other highlights includes an oversized garage & multiple decks. $1,450,000


Saturday, May 15th - 12pm-2pm


5709 Winchester Avenue, Ventnor, NJ


The best of both worlds is offered in this magnificent bayfront home just 3 blocks to the beach. This elegant & stylish 3 BD, 2 BA showpiece was totally renovated in 2004 & in 2009 had another bedroom added! It is complete with an expansive waterfront deck w/ boat slip, a huge open great room featuring a chef's kitchen with granite counter tops and Thomasville cabinets. The master bedroom suite features a master bath w/private commode, bidet, a floating shower & access to both the porch & fenced garden. $699,000


Saturday, May 15th - 12pm-2pm


505 Jonathon Court, Egg Harbor Township, NJ


Pride of ownership & elegant décor best describes this immaculate 3 BD end unit. Nestled in the tranquil Lakeside community, this townhome offers an inviting open layout great for entertaining. Smart upgrades include hardwood floors, upgraded kitchen cabinets, gas fireplace, high end ceiling fans & custom Hunter Douglas window treatments. 2nd floor offers 2 BD, 1BA & a conveniently located laundry w/new washer & dryer. Large 3rd floor BD vaulted ceiling,walk-in closet & private deck. Best buy in EHT!!! $169,000


Sunday, May 16th - 12pm-2pm


28 S. Benson Avenue, Margate, NJ


Steps to the beach, this South side Margate beach ranch home is the best opportunity on the market today. Situated on a huge lot that runs street to street, this home features a new custom kitchen w/granite counters & Stainless Steel appliances, new A/C, remodeled baths & gorgeous hardwood floors through out. Outside there is a front porch, a back patio & a huge fenced yard perfect for big parties, a pool or an addition. Build an additional 2nd fl. unit to rent as it's also zoned multi-family. 3 car parking & shed too. $649,000


Sunday, May 16th - 12pm-2pm


9711 Ventnor Avenue Unit 4A, Margate, NJ

Priced $34k LOWER than any other unit at Royal Palm Condominiums, this immaculate 2BD 1BA, 1st floor unit is located on the border of Longport & just 2 blocks to the beach. Totally renovated & being sold fully furnished this unit features a gorgeous kitchen w/granite counter tops & SS appliances, Pergo floors, neutral Berber style carpeting & remodeled bath. Just a short walk to the best restaurants in the Marina section of Margate, this condo allows pets and has low condo fees. $335,000


Sunday, May 16th - 12pm-2pm


1 Neptune Drive of Anchorage Point, Egg Harbor Township, NJ


This beautiful townhouse, just outside of Longport, enjoys all the privacy of Bay front living with unobstructed water views & magnificent sunsets. This completely custom 4BD 3.5 BA townhouse features a great room with soaring ceilings, a fireplace, top-of-the-line granite kitchen all flowing to a spectacular oversized deck. Other highlights 2 master suites, hardwood floors, 3 decks, enclosed garage and a 50’ boat slip w/floating dock w/ water & electric. The perfect summer getaway or year round home!!! $509,000


Sunday, May 16th - 12pm-2pm


5404 Ventnor Avenue, Ventnor, NJ


This classic St. Leonard Tract home offers all the best features you could ever want in a grand beach estate. Just 2 blocks to the beach, this 5 BD home with 2 FULL BA & 2 Half BA features hardwood floors through out, large foyer w/center stairs, a large living room w/fireplace & an adjoining library, a formal dining room,huge eat in kitchen, a front porch & enclosed sun porch, a master bedroom suite w/fireplace, all newly remodeled bathrooms, central A/C, huge fenced yard, full basement, deck and detached garage. $599,000

Wednesday, May 12, 2010

Mortgage Update from Trident Mortgage




So many of my Buyer's are still looking to take advantage of the current mortgage rates, so I asked Gary Freedman, our Trident Mortgage Consultant, to put together some information for my blog.


Rates are still at historical lows. Most economists predict that with the Fed pulling back from buying Mortgage Backed Securities (MBS) that rates will begin to rise. They are expected to reach somewhere in the low to mid sixes over the next 6-9 months. This could mean a payment increase of $200 per month on a $200,000 loan. This may be the last chance to buy a house before rates go up. Housing prices have fallen below fair market value. Relative to rents, national average home prices are about 10% below fair market value and have been the lowest relative to replacement cost in more than thirty years.



No Double-Dip for Housing


With evidence of a self-sustaining economic recovery now hard to deny, many pundits are finding new reasons to be bearish. The most recent is that the Federal Reserve has officially ended its massive ($1.25 trillion) mortgage purchasing program. This, some say, will lead to another downturn in housing, which could drag the economy down all over again.


Although the end of the Fed’s purchases will certainly not help the housing market, we do not believe it will result in a “double-dip” for housing or the economy. Instead, we expect home building, home sales, and home prices to all be up a year from now versus where they are today. Not on every street or in every community, but for the nation as a whole.


First, it’s important to recognize that while the Fed has stopped buying mortgage-backed securities, it is not planning on suddenly selling its holdings. Most likely, the Fed will hang onto the vast bulk of them for at least several years and allow the natural process of refinancing and principal repayment to gradually reduce the size of its portfolio.


Second, we do not expect mortgage rates to suddenly spike as the Fed exits the market. The Fed announced the eventual end to their mortgage purchases back in September 2009, when long-term mortgage rates were about 160 basis points above the yield on the 10-year Treasury (roughly the 20-year average). But today, even though the Fed has ended its program of purchases, the “spread” between mortgage rates and the 10-year is only 120 basis points. If mortgage lenders are suddenly having extra trouble finding the funds they need to lend, they sure have a funny way of showing it.


Third, watchful observers of the mortgage market know that the total amount of lending necessary to support the housing market in the next year is not particularly large by historical standards. Lower home prices, relatively low levels of sales, and the high loan-to-value ratios that prevailed during the bubble years mean that the capital needed to support housing in the next year is not that substantial.


The average price of an existing home sale right now is roughly $220,000. Meanwhile, the typical homeowner now has a mortgage worth 62% of their home’s value. So, if a buyer has to make a 20% down-payment (which means the new mortgage equals 80% of the home’s value) and the debt that is retired by the previous owner is 62% of value, the demand for mortgage credit goes up by only 18% of $220,000, or approximately $40,000.


So if existing homes sell at a 5.75 million rate in the next twelve months (a 10% increase versus the previous twelve months), that should require about $230 billion in net new lending. Meanwhile, new home sales should require about another $90 billion. (New homes average $275,000 and we’re assuming 20% down and sales equal to 400,000.)


In other words the total new lending needed to support a 10% increase in housing activity over the next 12 months is just $320 billion. Compare this to the $150 - 200 billion in principal repayments over the next year and it is easy to see that mortgage lenders do not need a large increase in their loan book to finance a rise in home sales.


Fourth, housing prices have fallen below fair value. Relative to rents, national average home prices are about 10% below fair value and have been the lowest relative to replacement cost in more than thirty years.


Markets are efficient and participants in the housing market are well aware of its problems, so we believe these prices already reflect the “shadow inventory” of foreclosures and short sales in the pipeline. Buyers and sellers are not blind, they don’t have to wait to see homes pop up on the MLS to factor them into the price they are willing to bid or ask. That’s why in the past three months some of the places with the largest excess inventories have seen the biggest gains in prices, including San Diego, Phoenix, and Las Vegas.


Fifth, and perhaps most important, the labor market – the last of the lagging economic indicators – has finally fallen into place as a positive for the economy. Private sector payrolls increased 123,000 in March (198,000 including upward revisions to prior months). Meanwhile, civilian employment, an alternative measure of jobs that includes the self-employed and start-up businesses, is up 1.36 million in the past three months, the most for any 3-month period since 1994.


Yes, the housing market has taken it on the chin. And, yes, the Fed is finally backing out of the market. But for the five reasons above, we think the battered and bruised housing market is going to be in better shape one year from now than it is today.


For more information, please feel free to contact Gary Freedman directly at:
Direct Office 609-487-7202
Mobile 609-742-4001
Fax 610-650-5592
E-mail: Gary.Freedman@prufoxroach.com
Web Site: http://garyfreedman.tridentmortgage.com/