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	<title>Comments on: Lowball! March 2007</title>
	<atom:link href="http://njrereport.com/index.php/2007/03/24/lowball-march-2007/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/</link>
	<description>Real Estate, Economics, and Politics</description>
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	<item>
		<title>By: Jim Koscs</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-88082</link>
		<dc:creator>Jim Koscs</dc:creator>
		<pubDate>Wed, 04 Apr 2007 02:07:22 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-88082</guid>
		<description>This is great info. I&#039;ve been tracking Hawthorne for 8 mos. -- trynig to move back there after leaving for gray Seattle 4 yrs ago. Did you track values for Feb?</description>
		<content:encoded><![CDATA[<p>This is great info. I&#8217;ve been tracking Hawthorne for 8 mos. &#8212; trynig to move back there after leaving for gray Seattle 4 yrs ago. Did you track values for Feb?</p>
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	<item>
		<title>By: ricky_nu</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87632</link>
		<dc:creator>ricky_nu</dc:creator>
		<pubDate>Mon, 02 Apr 2007 14:12:42 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87632</guid>
		<description>JB - could you give me the address of MLS listing # 2317707 in your Lowball! report?</description>
		<content:encoded><![CDATA[<p>JB &#8211; could you give me the address of MLS listing # 2317707 in your Lowball! report?</p>
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	<item>
		<title>By: ricky_nu</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87631</link>
		<dc:creator>ricky_nu</dc:creator>
		<pubDate>Mon, 02 Apr 2007 14:11:52 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87631</guid>
		<description>JB - could you give me the address of listing number 2317707 in the March Lowball report?  Thanks!</description>
		<content:encoded><![CDATA[<p>JB &#8211; could you give me the address of listing number 2317707 in the March Lowball report?  Thanks!</p>
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	</item>
	<item>
		<title>By: Xeroxer</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87467</link>
		<dc:creator>Xeroxer</dc:creator>
		<pubDate>Sat, 31 Mar 2007 16:59:58 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-87467</guid>
		<description>JB, Good stuff!
btw would you have any data on Monmouth that you&#039;d like to share?</description>
		<content:encoded><![CDATA[<p>JB, Good stuff!<br />
btw would you have any data on Monmouth that you&#8217;d like to share?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: UnRealtor</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86301</link>
		<dc:creator>UnRealtor</dc:creator>
		<pubDate>Sun, 25 Mar 2007 19:45:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86301</guid>
		<description>Oh, and realtor&#039;s MLS system indicates &#039;Days on Market&#039; at 14 days, when in fact it was over 300 days.</description>
		<content:encoded><![CDATA[<p>Oh, and realtor&#8217;s MLS system indicates &#8216;Days on Market&#8217; at 14 days, when in fact it was over 300 days.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: UnRealtor</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86299</link>
		<dc:creator>UnRealtor</dc:creator>
		<pubDate>Sun, 25 Mar 2007 19:41:18 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86299</guid>
		<description>Adding to post #13, an example:


&lt;B&gt;217 White Oak Ridge Rd&lt;/B&gt;, Short Hills

May 2, 2006 - $939,000 (MLS 2273624)

May 27, 2006 - $915,000

Jun 25, 2006 - WITHDRAWN

Jun 27, 2006 - $875,000 (MLS 2293298)

Sep 13, 2006 - $849,900

Oct 10, 2006 - $819,900

Nov 1, 2006 - WITHDRAWN

Jan 31, 2007 - $789,000 (MLS 2369613)

Feb 06, 2007 - Attorney Review

Feb 12, 2007 - Under Contract

Mar 21, 2007 - Closed @ $789,000</description>
		<content:encoded><![CDATA[<p>Adding to post #13, an example:</p>
<p><b>217 White Oak Ridge Rd</b>, Short Hills</p>
<p>May 2, 2006 &#8211; $939,000 (MLS 2273624)</p>
<p>May 27, 2006 &#8211; $915,000</p>
<p>Jun 25, 2006 &#8211; WITHDRAWN</p>
<p>Jun 27, 2006 &#8211; $875,000 (MLS 2293298)</p>
<p>Sep 13, 2006 &#8211; $849,900</p>
<p>Oct 10, 2006 &#8211; $819,900</p>
<p>Nov 1, 2006 &#8211; WITHDRAWN</p>
<p>Jan 31, 2007 &#8211; $789,000 (MLS 2369613)</p>
<p>Feb 06, 2007 &#8211; Attorney Review</p>
<p>Feb 12, 2007 &#8211; Under Contract</p>
<p>Mar 21, 2007 &#8211; Closed @ $789,000</p>
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	</item>
	<item>
		<title>By: UnRealtor</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86296</link>
		<dc:creator>UnRealtor</dc:creator>
		<pubDate>Sun, 25 Mar 2007 19:30:49 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86296</guid>
		<description>Thanks for including the spreadsheet JB.

Seeing several realtor relists in there, which means the &#039;Original List Price&#039; is much higher for several listings.

Sad that consumers have to track all this info manually to avoid being deceived...</description>
		<content:encoded><![CDATA[<p>Thanks for including the spreadsheet JB.</p>
<p>Seeing several realtor relists in there, which means the &#8216;Original List Price&#8217; is much higher for several listings.</p>
<p>Sad that consumers have to track all this info manually to avoid being deceived&#8230;</p>
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	</item>
	<item>
		<title>By: HOUSE OF CARDS</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86280</link>
		<dc:creator>HOUSE OF CARDS</dc:creator>
		<pubDate>Sun, 25 Mar 2007 16:40:23 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86280</guid>
		<description>February EXISTING HOME SALES down bigtime vs. year/year !!!

READ 

The NAR f*cks over the gullible MSM and sheeple, leads them to believe used home sales were up last month. That was NOT the case. 

http://housingpanic.blogspot.com/2007/03/nar-fcks-over-gullible-msm-and-sheeple.html

Dubious NAR report shows home sales continue to crater, off 3.7% vs. last year, while unsold inventory explodes by another 763,000 units and median sales price (without incentives) is down 7.6% from peak

February used home sales (per the dubious NAR numbers) were supposedly 387,000 units, vs. 402,000 units February 2006, down 3.7%. Inventory is now at 3,748,000, vs. 2,985,000 in February 2006, up 763,000 unwanted homes, or 25.6%. And the median sales price (without cash back or incentives) in February of $212,800 is down $17,400 from the July 2006 peak.</description>
		<content:encoded><![CDATA[<p>February EXISTING HOME SALES down bigtime vs. year/year !!!</p>
<p>READ </p>
<p>The NAR f*cks over the gullible MSM and sheeple, leads them to believe used home sales were up last month. That was NOT the case. </p>
<p><a href="http://housingpanic.blogspot.com/2007/03/nar-fcks-over-gullible-msm-and-sheeple.html" rel="nofollow">http://housingpanic.blogspot.com/2007/03/nar-fcks-over-gullible-msm-and-sheeple.html</a></p>
<p>Dubious NAR report shows home sales continue to crater, off 3.7% vs. last year, while unsold inventory explodes by another 763,000 units and median sales price (without incentives) is down 7.6% from peak</p>
<p>February used home sales (per the dubious NAR numbers) were supposedly 387,000 units, vs. 402,000 units February 2006, down 3.7%. Inventory is now at 3,748,000, vs. 2,985,000 in February 2006, up 763,000 unwanted homes, or 25.6%. And the median sales price (without cash back or incentives) in February of $212,800 is down $17,400 from the July 2006 peak.</p>
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	</item>
	<item>
		<title>By: RAJ</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86255</link>
		<dc:creator>RAJ</dc:creator>
		<pubDate>Sun, 25 Mar 2007 13:50:36 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86255</guid>
		<description>Can anyone provide more details on listing#2296466? 
In general what is the best way to find details about a listing given a listing# on this site?</description>
		<content:encoded><![CDATA[<p>Can anyone provide more details on listing#2296466?<br />
In general what is the best way to find details about a listing given a listing# on this site?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: HOUSE OF CARDS</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86162</link>
		<dc:creator>HOUSE OF CARDS</dc:creator>
		<pubDate>Sat, 24 Mar 2007 14:31:32 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86162</guid>
		<description>washingtonpost.com: House of Cards !!!

READ http://www.washingtonpost.com/wp-dyn/content/article/2007/03/22/AR2007032200666.html</description>
		<content:encoded><![CDATA[<p>washingtonpost.com: House of Cards !!!</p>
<p>READ <a href="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/22/AR2007032200666.html" rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/article/2007/03/22/AR2007032200666.html</a></p>
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	</item>
	<item>
		<title>By: James Bednar</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86148</link>
		<dc:creator>James Bednar</dc:creator>
		<pubDate>Sat, 24 Mar 2007 13:21:00 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86148</guid>
		<description>RP,

This is GSMLS only, not NJMLS, so you won&#039;t find alot of Bergen included here.

jb</description>
		<content:encoded><![CDATA[<p>RP,</p>
<p>This is GSMLS only, not NJMLS, so you won&#8217;t find alot of Bergen included here.</p>
<p>jb</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bobby G</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86145</link>
		<dc:creator>Bobby G</dc:creator>
		<pubDate>Sat, 24 Mar 2007 12:42:20 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86145</guid>
		<description>Thanks!  Is there anyway to get a picture of this property? 

BTW, the average (for what it&#039;s worth) % of OLP for all properties in the spreadsheet is 6.3%.  DOM averages out to 87 days.</description>
		<content:encoded><![CDATA[<p>Thanks!  Is there anyway to get a picture of this property? </p>
<p>BTW, the average (for what it&#8217;s worth) % of OLP for all properties in the spreadsheet is 6.3%.  DOM averages out to 87 days.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: R Patrick</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86144</link>
		<dc:creator>R Patrick</dc:creator>
		<pubDate>Sat, 24 Mar 2007 12:42:05 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86144</guid>
		<description>Does this cover all sales ( listed with the County ) or only realtor sales. So all the side deals in Fort Lee might not be listed?</description>
		<content:encoded><![CDATA[<p>Does this cover all sales ( listed with the County ) or only realtor sales. So all the side deals in Fort Lee might not be listed?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: James Bednar</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86143</link>
		<dc:creator>James Bednar</dc:creator>
		<pubDate>Sat, 24 Mar 2007 12:34:55 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86143</guid>
		<description>MLS 2275609 - Stillwater, NJ
977 MOUNT BENEVOLENCE
70x170 lot
Smaller home 2/1

Remarks: LARGER THAN IT APPEARS. CONVENIENT LOCATION/BLUE RIBBON SCHOOL/NICELY LANDSCAPED LEVEL LOT. 1ST FLOOR MBR /FORMAL DR/ PANTRY - LAUNDRY ROOM OFF KITCHEN. BEAUTIFUL FIELDSTONE FP- PELLET STOVE INSERT</description>
		<content:encoded><![CDATA[<p>MLS 2275609 &#8211; Stillwater, NJ<br />
977 MOUNT BENEVOLENCE<br />
70&#215;170 lot<br />
Smaller home 2/1</p>
<p>Remarks: LARGER THAN IT APPEARS. CONVENIENT LOCATION/BLUE RIBBON SCHOOL/NICELY LANDSCAPED LEVEL LOT. 1ST FLOOR MBR /FORMAL DR/ PANTRY &#8211; LAUNDRY ROOM OFF KITCHEN. BEAUTIFUL FIELDSTONE FP- PELLET STOVE INSERT</p>
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	</item>
	<item>
		<title>By: Bobby G</title>
		<link>http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86142</link>
		<dc:creator>Bobby G</dc:creator>
		<pubDate>Sat, 24 Mar 2007 12:31:37 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/03/24/lowball-march-2007/#comment-86142</guid>
		<description>Can anyone point me to some details on MLS 2275609?  thanks!</description>
		<content:encoded><![CDATA[<p>Can anyone point me to some details on MLS 2275609?  thanks!</p>
]]></content:encoded>
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