Edgewater, NJ

Bon jour and welcome to my blog

vejhc — Fri, 09 May 2008 15:59:41 +0000

I do not believe that I can consider myself an expert but I do have ideas and I would like nothing more than an intellectual exchange not only on real estate but also of business and the economy as a whole. So here goes.

I do not believe that the subprime issue is over. Citibank’s announcement today that it will write down $500 billion, that’s half a trillion, in assets over the next X number of years and AIG’s $7 billion write down are just two indications of this issue. I do not know if Met Life and Prudential also has this issue but if they do, it will be interesting to know the amounts involve. How does that affect real estate in Edgewater, in particular, and the Hudson county, in general? Well, the last couple of years has seen the development of high-end condos in the area whereas as late as 8 years ago, there was none.

How it will affect pricing will be very interesting. We are already seeing Miami condos that would have sold for $750K or more getting reduced by 20% or so. And there are still a lot of unsolds. Perhaps, because of the Edgewater and the surrounding areas’ proximity to NYC, the prices will not be reduced by that much. But if UBS and the other investment banking and financial related firms continue to cut jobs, who can buy these condos? I think the economics law of supply and demand will then prevail.

Blog Probes Real Estate Models

CityBlogNJ — Sun, 30 Mar 2008 10:05:01 +0000

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.

Hospitals and Physicians

CityBlogNJ — Mon, 28 May 2007 08:38:39 +0000

When someone relocates they often seek information about physicians, specialists, hospitals and other types of health care, such as extended care. Is there a resource in Edgewater for health care information?

Community Sports

CityBlogNJ — Mon, 28 May 2007 08:34:51 +0000

Living in Edgewater, New Jersey is a lot like living in any home town, with local sports being a big part of the lifestyle. Families look for T-Ball, Little League, soccer and of course, junior high and high school sports. What is sport organizations are in Edgewater, New Jersey? Are their sport opportunities for adults? Is there a parks and recreation department in Edgewater?

City Lifestyles

CityBlogNJ — Mon, 28 May 2007 08:30:30 +0000

What are the lifestyle opportunities in and around Edgewater, New Jersey. Are there hiking clubs, biking trails, civic clubs, golf clubs, local arts and theater, lakes, streams, fishing, boating, camping or other types of lifestyle opportunities?

Condos in Town?

CityBlogNJ — Mon, 28 May 2007 08:26:58 +0000

Are there any condo projects in Edgewater, New Jersey and are there any that are on golf courses? What is the condo price range? Are there any age restricted condo communities?

Real Estate Companies

CityBlogNJ — Mon, 28 May 2007 08:23:31 +0000

Edgewater has a lot of real estate companies. Which one is considered the best company according the Edgewater, New Jersey residents? Who are the best real estate agents in Edgewater, New Jersey? Historically, which company has been there the longest? Do any of the real estate companies also have title and mortgage companies?

Foreclosures in Town?

CityBlogNJ — Mon, 28 May 2007 08:20:03 +0000

Can anyone speak to the issue of foreclosures in Edgewater, New Jersey? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in Edgewater?

Help, I need a Doctor

CityBlogNJ — Mon, 28 May 2007 08:15:30 +0000

Edgewater, New Jersey has a hospital. Edgewater has many medical professionals operating in a variety of specialties. Fundamental healthcare begins with an individual or family?s access to a general physician, call it a family doctor or for children, a Pediatrician and for women a Gynecologist. Certainly, for people like me, a good therapist; better yet, a Psychiatrist! But why is it that someone in Edgewater, New Jersey cannot locate a physician that will take new patients?
CityBlog Edgewater, was struck by the frustration that was apparent in Susie Pena’s (a Edgewater, New Jersey resident) post on May 9, 2007, which read as follows:
I have been here 1 year this June and have yet to find a doctor that will accept new patients. I am very discouraged that there is no avenue for new residents to find out who is available without a lot of labor intensive efforts.
Does Edgewater have a physician association or, does the hospital know of new physicians coming into Edgewater that are looking for new patients? It would behoove all communities to have some centralized service that maintains a list of physicians who can accept patients as either â€œnewâ€ or on a rotating basis until the new resident can establish regular healthcare.