Somerset County Market Stats & Sold Data Just Updated at www.feenick.com
06/12/09 (09:17 PM)

Puzzled by Market Conditions? Visit www.feenick.com and click on LOCAL MARKET COMMENTARY for statistics, data, and answers.

You'll find:

-Market Commentary, updated weekly
-Local Market Absorption Stats by Community, measuring how long it is taking homes to sell, updated weekly
-Full Month Detail for "What's Sold" by Community, including:
*Tally of Total Sales and Sale Price to List Price Ratio
*Gallery of Properties Sold

Somerset County NJ Market Statistics just updated at www.feenick.com
05/25/09 (04:03 PM)

Find updated Market Statistics and Commentary at www.feenick.com - just click on "Local Market Commentary".

Good news! Improvement in "time to sell" is noted across the board. The market is picking up - I can feel it by my own level of activity and the statistics are proving it to be true. The lower price points continue to perform best as First Time Buyers make their move in order to take advantage of the 2009 Tax Credit. As this entry level homes sell, their owners are at long last in the position to move up which will positively impact the medium and then upper levels of the market.

The news is positive - if you are contemplating a sale or purchase, please contact me so that I can help you. I stand ready to serve!

Attention New Jersey First Time Buyers
05/23/09 (05:22 PM)

The market is heating up as First Time Buyers jump off the fence to take advantage of the Tax Credit incentive, lower home prices, and terrific borrowing rates.

The convergence of low prices and low borrowing rates is unusual and unlikely to last long. The Tax Credit applies to 2009 home purchases that close by 12/01/2009...seems like a long way off, but it will be here before you know it. THE TIME TO ACT IS NOW!

I have no doubt that when we look back with the wisdom of hindsight, it will be clear that today's buying opportunity is of historic proportions.

Please contact me to discuss your home search. I am experienced in - and enjoy - working with First Time Buyers and understand the opportunities and challenges you are facing. I would be honored to put my expertise and commitment to delivering the highest level of service to work for you.

Update from Buyer's Seminar - Trulia Buyer Scores!
04/21/09 (06:01 AM)

Hi All, just a quick update from the Home Buyer's Seminar held last week - we had four first time Buyers attend the free seminar and all were inspired to consider a purchase this Spring.

In fact, one of the four has already identified a target property and we've written up an offer! And for an agent that is as committed to on-line marketing as I am, the best part of it all is that the Buyer found originally found me on Trulia!

More than ever before, I am certain that the agent you choose to work with makes a difference! Make that difference a positive one by selecting an agent that adds value to your effort.

Please if you are contemplating a home purchase or sale, contact me. I'd be honored to assist you!

Sustantiate your offer with the facts of the market to win!
04/20/09 (06:45 PM)

An offer price that is based on the facts of the market is far more likely to lead to a successful negotiation than one that is not.

A thorough Price Trend Analysis provides a recommended price range that can guide and support the offer process. The analysis includes comparable Sales from 12 months ago, 6 months ago, as well as properties currently Under Contract, extrapolates the trend and applies it to Active comparable listings to arrive at a recommended price range. In the hands of an agent that knows the market and inventory well, it is a terrific tool - truly invaluable in formulating an offer strategy.

I routinely utilize the Price Trend Analysis to arm my clients with the facts of the market. Worry not about over paying, this tool will immediately flush out overpriced properties. It is just as effective in identifying value.

This is a tool that works - I use it to guide the pricing discussion with my buyer and also have it at the ready when I present the offer to the seller. Think of how compelling it is when you can, with confidence, say to the seller, "let me explain why we believe our offer makes sense". Time and again, it works like a charm.

Arm yourself with the facts and you will carry the day!

FREE Home Buyer's Seminar - featured at www.feenick.com
04/14/09 (05:22 AM)

You are invited to a FREE Home Buyer's Seminar this Thursday evening at 7pm in our Warren Office. Bring your questions and be prepared to have them answered - we'll discuss financing options and the amazingly low mortgage rates, incentives for first time buyers, and the general market conditions.

All are welcome but space may be limited, so please RSVP to Jeannie at 908-337-0943 or jeanne@feenick.com.

Stay current on Planned Events and Market Trends by visiting www.feenick.com regularly.

Check references when selecting an agent!
03/05/09 (08:10 AM)

Selecting a Real Estate Agent to work with is an important decision. And in these uncertain and turbulent times, it has never been more important to align yourself with good resources. Ask for references, read what others have said about their experience with the agent by checking for Testimonials. All agent are NOT alike, the agent you choose to work with can and will make a difference in the success of your endeavor, whether you are trying to sell your home or buy a home.

I invite you to visit www.feenick.com and click on the Testimonial section. Thanks to Dawn and Mark, this Testimonial was just added:

"We found Jeannie through pure luck. We decided to drive around the Warren, NJ area to see how we liked the area. We passed an open house and decided to take a look. Jeannie was working the open house and we immediately loved her warm and very genuine personality. Originally being from Brooklyn and also being first time home buyers we were very nervous about starting to look in NJ but Jeannie made us feel very comfortable and we knew we wanted to work with her right away.

She was extremely patient and dedicated to us throughout the whole entire process. Any questions we had, no matter how little they were, she was there to answer and guide us through the scary process of first time home buying. One of our fears about home shopping was working with a realtor who was only out there to sell a house and sell it quickly. But thankfully Jeannie's priority was to make us happy and make sure we found a house that would be our Home. She never pressured us, she only guided us and helped us feel less stressed and more at ease. When we did find our home she did whatever she could to make sure we got it!

Thanks to Jeannie and her good heart and strong market skills we are the happiest we can ever be in our new home. We highly recommend Jeannie and will always be in touch with her for any future endeavors."


-Dawn and Mark
Home Buyer, Search started in Warren, Watchung & evolved into a purchase in Morris Township

New Listing - Open House TODAY, 3/01, Noon to 4pm
03/01/09 (07:52 AM)

Please join me today at 1300 Rock Avenue, Unit C1 in desirable "Windsor Terrace" in North Plainfield. This meticulously maintained one bedroom Condo has much to offer -Renovated Bath, Hardwood Floors, Replaced Windows, Slider, A/C and Heating Unit. Priced competitively at $134,000 - dare to compare, this one is the winner!

For more information, including directions, visit www.feenick.com and click on Planned Events.

Home Buyer Seminar, Thursday, Feb. 19 at 7pm - You're Invited!
02/18/09 (02:15 PM)

You are invited to a free, no obligation Home Buyer's Seminar to be held tomorrow evening at our local Weichert office in Warren, NJ.

The convergence of low home prices and low mortgage rates has created a historically uncommon and highly attractive buying opportunity. Plus, the $8,000 real tax credit that is a part of the newly signed Stimulus package sweetens the pot even further.

Please join us for a spirited discussion about market conditions, mortgage products and rates, and whatever else is on your mind.

All are welcome, but space may be limited so please RSVP to Jeannie by emailing jeanne@feenick.com or by calling 908-337-0943.

To stay current on Planned Events like this one, visit www.feenick.com.

Price Slashed - Open House Sunday, Feb. 15 - Warren, NJ
02/14/09 (07:32 PM)

I'll be hosting the Open House at 9 Glenview Drive in Warren, NJ tomorrow from Noon to 4pm. Please stop by to see this fantastic custom Contemporary set majestically on one of Warren's most desirable streets.

The price on this home has been slashed to $995,000 (original list price $1,350,000!). It is now priced well below its assessment and reflects the motivation of the seller.

For more information, including directions go to www.feenick.com and click on Planned Events. Interested by can't make the Open House, just give me a quick call at 908-337-0943 to arrange a showing.

Somerset County Market Update at www.feenick.com
02/10/09 (01:22 PM)

Measuring how long it is taking inventory to sell is one way of understanding current Market Conditions. This measurement is featured and regularly updated in "Local Market Commentary" at www.feenick.com. You'll also find "What's Sold this Month", a regularly updated gallery of sold homes.

Understanding market conditions takes time and a consistent effort. I urge to align yourself with an agent who offers you the advantage of strong market knowledge. It will work to your advantage whether you are a Seller or Buyer.

A snippet....

~Price continues to be the driver to successful sales;

~Lower price points continue to outperform higher ones;

~Condo and Townhome sales continue to have steady to improving traction, largely reflecting...

~Only two communities had action in the million and up price range...

~We'll continue to watch the affect of pre-foreclosure and Bank-owned properties. Volume is increasing and...

Read more at www.feenick.com "Local Market Commentary".

Sales Activity Picks Up in Somerset County - Details at www.feenick.com
01/29/09 (07:13 AM)

Market Absorption Statistics have just been updated at www.feenick.com. Click on Local Market Commentary for details.

The news is cautiously optimistic... In the last several weeks, I have observed anecdotal evidence of increased buyer activity and serious interest. Most notably, I've experienced first hand an increase in buyer inquiries and readiness to look seriously at properties, higher Open House attendance, and increased hits to property pages online.

That anecdotal evidence of increased buyer activity is proven out by the update to the Market Absorption with improvement in "time to sell" across nearly every market. Click on Local Market Commentary for details and further observations.

As always, if you are interested in a community not included in these published stats, send me a quick email request and I will happily add the community or provide customized updates to you.

Home Affordability Seminar this Saturday, 1/24
01/22/09 (08:19 AM)

If you've been sitting on the sidelines wondering when is the right time to "Take the Plunge" and enter the market, this free no obligation seminar is for you. Bottom line is this - mortgage rates are fantastic - this combined with relaxed prices - make homes more affordable than they've been for a long time.

Learn more about this free information forum by clicking on Planned Events at www.feenick.com - Scroll down to find time and location.

All are welcome but space may be limited so please be sure to RSVP by contacting Jeannie Feenick at jeanne@feenick.com or by calling 908-337-0943.

Sluggish Holiday Home Sales - find update at www.feenick.com
01/16/09 (05:05 AM)

In spite of lower inventory levels, the time it is taking for homes to sell grew over the last 30 days. While some of this is to be expected over the traditionally slow holiday period, at least in part this continued negative trend reflects the reality of current market conditions. We can hope that the lowering of mortgage rates will jump start the business and cause those sitting on the sidelines to act.

The Market Absorption Rate measures the time it will take to "absorb" current inventory at the present rate of sale. You can find this information, updated regularly at www.feenick.com's Local Market Commentary - visit often to stay current on market news and trends.

Update on What's Sold for December 2008 at www.feenick.com
01/14/09 (12:05 PM)

Update of "What's Sold" for the full month of December, 2008 now available for the following communities in Somerset County: Warren, Watchung, Green Brook, Basking Ridge, Bridgewater, Bedminster, Bernardsville, and North Plainfield. You'll also find Long Hill Township in Morris County (feeds into Watchung Hills High School along with Warren, Watchung and Green Brook).

Visit www.feenick.com and click on Local Market Commentary.

Price Slashed - Open House Sat. 12/ 13 - Noon to 3pm
12/12/08 (07:24 PM)

Price Slashed to $329,900 for Quick Sale at 205 Lawrence Avenue in North Plainfield. This gorgeous Colonial was first listed at $394,900!

The best just got even better - Great House on a Great Block, and now at this amazing WOW price, this home is truly the BEST VALUE in North Plainfield.

Please stop by the Open House tomorrow, Sat. 12/13 from Noon to 3pm. If you are interested but unable to attend, just call me direct for prompt appointment 908-337-0943.

Thanks to all who contributed to Hurricane Ike Relief
12/12/08 (07:14 PM)

Today I dropped off a car load of contributions that will be part of the collection effort benefiting victims of Hurricane Ike. My thanks for your contributions - through your kindness, you have made a difference.

Happy holidays and best,
Jeannie

'Tis the Season to Help Others
12/07/08 (04:23 PM)

A group of caring NJ citizens, led by a concerned & good hearted doctor here in Warren has organized a collection effort to provide aid to the people of Galveston, Texas devastated by Hurricane Ike a few months ago. Largely drowned out by the election frenzy, little coverage was given to the affect of Ike, but it was great and the community is in dire need. We have teamed up with The Jesse Tree, an organization that has been helping the indigent population of Galveston for over 20 years.

Donations can be dropped off at Weichert's Warren Office, 61B Mountain Blvd through Thursday, 12/11/08. Label your bag or box - IKE RELIEF. What's Needed:

New or Nearly New Clothing & Shoes
New Cleaning Supplies
New Office Supplies
New Office Equipment - Computers with Printers

Nothing can be accepted after Thursday because the truck loaded up with our collection will begin its trip to Galveston the next day.

If you have a connection to a Corporate sponsor, I do have a letter to support tax deductable donations.

Direct questions/ideas to jeanne@feenick.com.
Thank you!

Open House Blitz TODAY, Sun, 11/23
11/23/08 (06:04 AM)

There will be four Open Houses today at properties listed by Jeannie - consistent activity to draw prospective buyers is critical for success in today's market.

Click on PLANNED EVENTS at www.feenick.com to learn more more about the four Open Houses scheduled for today, Sun 11/23 from noon to 4pm. And check back often for a weekly update of activities.

I'll be at 205 Lawrence and hope to see you there. If you visit any other properties, please remember to tell the hosting agent that you are working with me.

If you are interested in seeing any of my listings, or any other listed property for that matter, call me at 908-337-0943 for a prompt showing.

Open House today 11/16 - 205 Lawrence Ave in North Plainfield
11/16/08 (06:31 AM)

Must see Colonial on great "West End" Block - seller says "SELL" and reduces price to a compelling $345,900! More Kitchen upgrades just completed - new floor, new countertops, new ceiling with recessed lighting, new sink, fresh paint. All this and a lower price - now that is value!

Be sure to let the Hosting Agent know that you are working with me.

For appointments to see, call 908-337-0943 or email me directly.

Open House TODAY, 11/16 - "Beacon Hill" Townhome
11/16/08 (06:08 AM)

Please stop by 2904 Pinhorn in desirable Beacon Hill in Bridgewater today between noon and 4pm - I'll there to show you this gorgeous two bedroom Townhome. You will be amazed by the improvements that have been made - All three baths have been overhauled and are fabulous - well above the standard of what you will find in similarly priced units. Plus, there's new flooring, lighting, all new doors inside, and a a new 9' slider leading to the backyard. Owner has replaced A/C, Furnace, and Hat Water Heater. These are all "real money" improvements that make this Townhome an amazing value.

Learn more about Beacon Hill and this Townhome by clicking on "Jeanne's Favorites" at www.feenick.com

If you are interested but can't attend the Open House, give me a call at 908-337-0943 or send me an email to arrange an appointment at your convenience.

Free Buyer Seminar - Saturday, November 15 - Register Today!
11/13/08 (04:18 AM)

Get answers to questions regarding the tax credit in The Housing and Economic Recovery Act of 2008 and other incentives to become a first time buyer. Featured speakers will include a tax expert and mortgage and real estate professionals. Admittance is free.

To register contact Jeannie at 908-337-0943 or email jfeenick@weichert.com

Two Great Values - Price Just Improved - Both Open Tomorrow 12-4pm
11/01/08 (09:46 AM)

Two great Price Improvements - both in desirable Somerset County New Jersey and both open tomorrow from noon to 4pm.

1. 1 Johanna Lane, Watchung: Price just improved from $569,000 to $545,000 makes this all Brick Ranch in a most desirable section of Wathcung a BEST BUY. Many updates and improvements. Gleaming hardwood floors, updated Bath and Kitchen, Must get inside to appreciate all it has to offer. Please stop by the Open House tomorrow, Sunday, Nov. 2 from Noon to 4pm.

2. 2801 Pinhorn Lane, Beacon Hill, Bridgewater: Price just improved from $309,000 to $305,000 making this the best priced END UNIT in desirable Beacon Hill. This gem is as lovely inside as out - impeccably maintained & upgraded inside plus amazing Paver Patio - fully fenced in for privacy - outside. Please stop by the Open House tomorrow, Sunday, Nov. 2 from Noon to 4pm. Please let the hosting agent know that you are working with me.

If you are interested but can't attend the Open House, just call me at 908-337-0943 for a prompt appointment.

Lowest Priced Beacon Hill Townhome - Bridgewater - and it's an END UNIT!
10/20/08 (05:33 AM)

High alert - the asking price for 2801 Pinhorn Drive has just been improved to $305,000 making it the lowest priced Townhome in the desirable Beacon Hill section of Vanderhaven Farm in Bridgewater, New Jersey. In fact, at this price it is the lowest priced end unit townhome in all of Bridgewater and it is a beauty!

Generally end units are sold at a premium to interior units making this end unit offering a true great value.

Call Jeanne today at 908-337-0943 to see - at this price, this end unit townhome should move quickly.

Featured Open Houses - go to www.feenick.com for more info.
10/17/08 (05:41 AM)

You are invited to two great Open Houses on Sunday, October 19 from 1-5pm.

205 Lawrence Avenue in North Plainfield: Gorgeous Colonial on a great block. Kitchen Upgrades just completed. Asking Price: $369,500.

2801 Pinhorn Drive in Bridgewater: Beautiful END unit Townhome in desirable Beacon Hill. Two large Masters, each with its own Full Bath. Fantastic Paver Patio, fully fenced-in for privacy. Asking Price: $309,000.

Interested but can't attend the Open House, call Jeannie for a prompt showing 908-337-0943. As with all Open Houses, please alert the Hosting Agent that you are working with me.