RealtorIrene Blogs about Northwestern NJ Real Estate - Hunterdon & Warren: New Jersey: Pohatcong Township

Pohatcong NJ Updates on Homes for Sale, July 2010 - Warren County Market Reports

My Pohatcong Real Estate Market Snapshot Report is based on data recorded in GSMLS as of July 3, 2010. Each month I update previous data in Excel so my charts and graphs capture changes. 

 Please ignore the trendline in the Average Home Sale Prices. As there were no closings of Pohatcong NJ homes for sale in January, the line is wrong.  We can clearly see that buyers are targeting the least expensive of the offerings! 

Search: Homes for Sale $250,000-$350,000- Pohatcong and other 08865 zips (Phillipsburg, Lopatcong and Harmony) 

Houses for Sale $350,000 and up - Pohatcong plus

Although President Obama did sign legislation extending the closing deadline for first-time home buyers, the impact of that tax credit in Pohatcong NJ was negligible.  Unfortunately there just was no flurry of closings on homes for sale. Pohatcong is not the only area to reflect this "bust" - not in Warren County, not in the US.

I index my market trend snapshots at Market Data on Homes for Sale in Warren County NJ.

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a house in Northwestern NJ - Warren County or Hunterdon County NJ? I serve the Route 78 corridor of Warren County & Hunterdon County. Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Warren County NJ & works from the Phillipsburg office. She also services adjacent areas of Hunterdon and Sussex Counties - and understands the pain of moving!

After a touch-and-go NJ real estate deal, the closing was yesterday. My seller opted not to attend but did pick up his check last night. Having priced the home right, the offers came quickly; the rest was a bit rougher.

I'm filled with joy having just gotten a call from a jewelry store.

My seller and his lovely lady were getting the "sparkly" for which she had waited quite a while. It is a wonderful compliment to me that they phoned to share the lovely news.

We hear so much about tax credits, foreclosures, mortgage rates that it would be easy to forget that real estate does answer many dreams. Today, first-time buyers are moving into their new home. The former owner has just put a rock on the finger of the woman he loves, who loves him back.

It will be a little bit before I get my commission check from this listing but I already feel well compensated.  First, my efforts enabled my seller to advance his long-term goals. (Okay, so maybe a diamond was more HER long-term goal but they both had marriage in mind.) Second, this transaction has resulted in my making new friends. Third, I will be bringing home some bacon to nourish the man I love.

Woo-hoo! Maybe I'll even be attending a wedding in the near future!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a house in Warren County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Warren County NJ & works from the Phillipsburg office. Having recently moved from Sussex County, she continues to service that adjacent area - and understands the pain of moving!

Pohatcong NJ Updates on Homes for Sale, June 2010 - Warren County Market Reports

Statistics on Pohatcong NJ homes for sale came from the GSMLS on June 2; numbers do change during the course of a month. After I posted last month about April activity, 1 closing was recorded. Still not enough to do a thorough analysis and call trends. It is clear, however that most buyers are still going for bargain prices.

 Area is indexed at: Market Data on Homes for Sale in Warren County NJ.

Homes for Sale $250,000-$350,000- Pohatcong and other 08865 zips (Phillipsburg, Lopatcong and Harmony) 

Houses for Sale $350,000 and up - Pohatcong plus other 08865 towns

Let's sit down and figure out what all this means for YOU!

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a house in Pohatcong or other Warren County NJ town? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Pohatcong & works from the Phillipsburg office. Having recently moved, she readily understands the pain of changing homes!

Pohatcong NJ Updates on Homes for Sale, May 2010 - Warren County Market Reports

I based my Pohatcong NJ Market Report on real estate data recorded in GSMLS as of May 5, 2010. Numbers can change; for example, an Under Contract deal can die. I don't post market data on all Warren County NJ homes for sale, but I can work up an analysis lickety-split for my clients. I will also update previous month's data each time I post.

Analyzing the Pohatcong homes for sale trends & market data over 6 months is almost impossible because there were no closing in January or April.  Additionally, the Average Price in December is way up because 1 of those 2 closings was a Pohatcong farm for my very happy buyer at $765,000.  And, no, I will not apologize for my hefty commission check skewing the market data!

Homes for Sale $250,000-$350,000 - Pohatcong and other 08865 zips (Phillipsburg, Lopatcong and Harmony) 

Houses for Sale $350,000 and up - Pohatcong plus other 08865 towns

I'm somewhat surprised there were no Pohatcong closings in April, given the nearing expiration of the federal tax credits. Guess I'll have to patiently await recorded sales for the Under Contract properties to determine Pohatcong home sales trends for this period.

Area is indexed at: Market Data on Homes for Sale in Warren County NJ.

Copyright © 2010, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a house in the 08865 zip code for Pohatcong, Phillipsburg, Lopatcong, Harmony or other areas of Warren County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.

Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Warren County NJ & works from the Phillipsburg office. Having recently moved from Sussex County, she continues to service that adjacent area - and understands the pain of moving!

My husband Chip and I are moving from our Hamburg home in what was Ballyowen Bluffs Active Adult community - #2 below. We're leaving new construction with lots of services to live in an 1800's home on a 70-acre farm in Pohatcong, Warren County NJ - #3. I'm staying with the same broker but have switched to the Phillipsburg office. I'll now be handling homes for sale in Warren County, then adding on other areas along the Route 78 corridor.

Has Irene lost her mind?, you ask. Frankly, yes. Chip and I are almost over the poison ivy we got one sunny day working in the gardens of our Pohatcong home. I'm (fairly!) confident that once all my belongings are in a single home in Warren County NJ, I may find those marbles I've lost.  Started my day today at 6:30 a.m. painting a powder room before heading to my new Phillipsburg real estate office. Later today to my old Sussex County office to have one of my sellers sign a contract - always worth the commute!

As this blogging is SOCIAL media, I'd like those owners and buyers of homes for sale in Warren County NJ to get to know the lighter side of me first.  Sure, I'll soon be posting an "I love me" list of my real estate accomplishments because I'm transporting all those excellent skills to Warren. So here are a few posts that will let readers know a bit about me as an individual!

1. RealtorIrene Blogs about Warren & Sussex County NJ Real Estate: Sold Farm in Pohatcong - Warren County NJ - 121 Creek Road - Worth the Wait
2. Ballyowen Bluffs - No Longer an Active Adult Community in Hamburg - Sussex County NJ real estate news
3. Confession of a Guilty Reader in "Sussex County NJ homes for sale land"
4. Best Bread Ever - Recipe & Video - Irene Kennedy, Warren & Sussex County NJ Real Estate Agent
5. Sad but True - Suicidal Turkey in Sussex County NJ the day before Thanksgiving
6. Fascinating, FREE Family Fun - FOSSILS in Hamburg, NJ - I took 1st prize in an Active Rain contest with this entry.

On Tuesday, December 29, my buyers finally closed on 121 Creek Road - a fabulous 70-acre farm in Pohatcong. The property in Warren County NJ (the Route 78 corridor) consists of an 1800's main home, a barn and a smaller guest cottage. The sale price was $765000.

When I first showed 121 Creek Road in March or April, the list price was $950,000. My buyers' first offer on this Warren County NJ farm for sale was not accepted. In July, I requested and was granted a meeting with the executrix and her 2 listing agents to try to creatively find a meeting of the minds. No such luck.

Despite several interim price reductions, the seller and my buyers were not on the same page. In August, one of the listing agents called me to ask if my buyers were still interested. The seller's bottom line, however, was somewhat less attractive to my buyers at that time. No movement.

Eventually, my buyers opted to make one more stab at this farm in Warren County NJ. We went Under Contract in early October. Lots of problems between then and closing, including septic and well issues. I was able to keep my buyers motivated and with the help of their attorney, we worked through all the unpleasantness! The walkthrough on December 28 disclosed several more problems, ones that were only resolved at the closing table the next morning. (Yes, a sleepless night for many - with my buyers deciding not to even attend the closing.)

I don't know if the husband will ever wear the quilted overalls on which I embroidered his first initial but he sure had a good laugh over my closing gift to him! He and his wife have already begun work on 121 Creek Road, Pohatcong, Warren County NJ!

Copyright © 2009, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.

Considering selling a home or looking to buy a property - farm or otherwise? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.