The Historic Medford Village Association is sponsoring it's first "Medford Village Autumn Wine & Jazz Festival" on Sunday afternoon (Sept. 30th), between 1 and 4pm. It will be held on Main street and is open to everyone to enjoy food, shopping and music. 
Parking is free as are the trolley rides into town.
The Jazz Festival is free for all to enjoy.
For those interest in wine tasking, you will need to purchase a "Wine Tasting Bracelet" ($15 for over 21, $10 for 65 and over, Photo ID Required). A free Collectible Wine Glass will be offered with Paid Wine Tasting Admission (while supplies last).
Wine Tasting Bracelets can be purchased at the following street entrances to the event:
COATES, BANK, BRANCH and ALLEN.
In addition, a Scarecrow Contest will be held and judged during the during the Wine & Jazz Festival .
Does miss this wonderful time out on Sunday which is forecasted to have great weather.
NOTE: Stop by and see us at our booth on Main Street and receive a free gift!
For information about future event check out the following local Medford commmunity web sites:
Historic Medford Village Association
Medford Business Association
Medford Township
More information about the general Medford Area
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
Medford Wine and Jazz Festival This Sunday (September 30th)
3 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 29 2007 04:29PMMedford Lakes Community Yard Sale -- Still Time To Find Fantastic Deals!
The annual Medford Lakes Community Yard Sale Weekend is now is full swing and there is still time to take advantage of the fantastic deals available on pre-owned and often never used, quality items.
Well over 100 sales locations in Medford Lakes, not to mention surrounding communities which are also sponsoring similar sales, are available!!!
I took a quick tour of the yard sales and was amazed, as always, on the variety great buys on furniture, clothing, toys, crafts, tools, appliances, exercise and electronic equipment and more. We have regularly found great bargains on some very high quality, often almost new items.
And there is some deep discounting going on here!
The yard sales will be continuing tomorrow (Sunday) from 8:30 am until 1 pm.
There is a list (catalog) available of participating homes during the Community Yard Sale event.
If you're not a resident, this is your opportunity to come and enjoy a fun time out shopping for great bargains on every kind of item imaginable.
For additional information about local events see the Medford Lakes Colony Club web site.
NOTE: Even if you can make this event, on nice weekends (usuaully Saturday morning and early afternoon) you will almost always encounter yard sales in the area. There are always great deals available to discover and it's a fun time out.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 29 2007 01:06PMBeige Book Released By Federal Reserve For September
The following is a brief list of it's overall (national) summary findings (using data as of August 28th):1. Economic activity continued to expand since the last report, with five district reports indicating that the pace decelerating. Regarding economic growth: some slowing in economic growth was seen in the Boston, New York, Philadelphia, Kansas City, and Dallas Districts, though Dallas still characterized growth as strong. Most other districts reported continued modest growth. Atlanta again reported it was mixed. Richmond observed slow growth, while San Francisco noted it as "solid".
2. Consumer spending increased slowly with sluggish sales of vehicles and housing-related goods. Inventory levels were satisfactory for all except automobiles.
3. Tourism was steady but relatively strong.
4. Activity in the service sector varied by district and industry, with trucking and information technology relatively strong and with mixed reports about health care and air transportation.
5. Manufacturing continued to expand in all districts, although with weakness related to automotive and residential construction.
6. Commercial real estate markets showed widespread strength.
7. The housing market showed uniform weakness. Sales were down and inventory was up.
8. Overall loan demand softened for home loans, but credit quality was still favorable.
9. Crop and livestock production was hampered by widespread drought conditions in most of the nation.
10. Energy production remained at a high level.
11. Labor markets were steady since the last report with upward pressure for workers with specialized skill..
12. Consumer spending increased modestly in most districts with some reporting flat to declining sales.
Note: This represents the national summary for ALL districts combined. The report also provides more detail on each item summarized nationally, as well as reporting by each district on all items.
Visit my web site for additional services and support: LawrenceYerkes.com
and visit BestProperties-NJ.com to learn more about our commercial services and resources.
Copyright 2007 by Lawrence Yerkes. All Rights Reserved.
1 comment • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 22 2007 12:10AMRealty Reality - Blog Posts - Highlights - August 2007
Here are some of the Realty Reality blog articles that appeared during the month of August:
Flippers Fuel Foreclosures
Real estate speculators drove prices up in some of the hottest markets during the boom. Now they're making foreclosures jump...
Foreclosure Investing For Dummies
"Foreclosure Investing For Dummies", by Ralph R. Roberts with Joe Kraynak, authors of "Flipping Houses For Dummies", bills itself as "A Reference for the Rest of Us!" providing step-by-step instructions on how to make smart, informed investments in floreclosures, including buy and sell foreclosure, preforeclosure and bank-owned properties...
Foreclosure Fallout: Rescue Scams
Scammers are taking advantage of mortgage holders at their most vulnerable - when they're about to lose their homes...
Truely Green Lawn Care
In cities and towns across the country, the smell of fresh cut grass and the hum of lawnmowers in the neighborhood are signs that summer is in full swing. Taking pride in your own lawn is as American as the 4th of July. While homeowners have always sought new ways of creating lush lawn spaces, there is an increasing emphasis on using environmentally sound methods. This is organic lawn care in the 21st century...
Some Home Buyers Gain Edge From Credit Crisis
What credit crunch? Home buyers with solid credit and money for a down payment are now better positioned than they were a few weeks ago...
Motor Vehicle Information for Moving Into To New Jersey
If you are, or will be, moving into New Jersey, the following web address is an important starting point for anything to do with the New Jersey's department of motor vechicles, known officially as the Motor Vehicle Commision...
Things Home Buyers Can Ask For, But Usually Don't
A recent article in Realty Times stated, "When you're sitting right in the middle of a buyers market, or at least an equitable market is the time when [home] buyers should start asking for the moon. If you don't ask, you'll never get what you want."
Subprime Problem Effects High End Mortgages
The subprime mortgage collapse isn't just threatening the market for low-end homes; it's also afflicting luxury homes...
Video Game Charts
If you need to keep up on who is winning the retail war in the sale of video games consoles, then VG Charts may be for you. It provides American, Japanese and worldwide statistics and charts for retail sales (sell-through) of video game consoles as well as leading video game software...
Tax Information for Individuals, Businesses, Charities, Non-Profits and more
The IRS web site has established online resources for Individuals, Businesses, Charities and Non-Profits, Government Entities and more...
What To Do When Wikipedia Goes Negative About Your Company
The "Search Engine Land" website has a useful article entitled, What To Do When Your Company Wikipedia Page Goes Bad, that discusses ways you can counter negative Wikipedia reporting, including bad stats, inaccuracies, legal stories you thought were water under the bridge and more...
Commercial Sector Cushions Fall in Some Cities
Even as the residential property sector continues to slow, the volume of commercial construction is picking up and actually cushioning the fall in such U.S. cities as Houston, Phoenix, and Las Vegas...
Majority of Adults Changed Lifestyle Due To Gas Prices
A recent WSJ.com/Harris Interactive poll found that 80% of adults have made changes to their lifestyle because of rising gas prices, with nearly 6 in 10 minimizing non-critical travel, 40 percent adjusting their spending habits and 32 percent putting a hold on leisure road-trip travel...
NJ Court Upholds Consitutionality of Highlands Ruling
A New Jersey appellate court issued a 35-page ruling on August 10, 2007 reaffirming the constitutionality of the Highlands Water Protection and Planning Act of 2004...
IRS Seeks New Issues for Industry Issue Resolution Program
The Internal Revenue Service is encouraging business taxpayers, associations and other interested parties to submit controversial or frequently disputed tax issues to the Industry Issue Resolution (IIR) Program. The purpose of the IIR program is to clarify and recommend guidance that resolves an issue and benefits both taxpayers and the IRS by reducing the time and expense of resolving the issue through case-by-case tax examinations...
Home Buyers Want Oversized Garages Despite Rising Gas Prices
Home buyers in increasing numbers want garages with two or more spaces in their homes, according to the 2007 Profile of Buyers' Home Feature Preferences, released by the National Association of Realtors®(NAR)...
Bank Overdraft Loans Abuse Out Of Balance
In a system enormously out of balance, fees for abusive overdraft loans have reach $17.5 billion per year, more than the loans themselves, which now amount to $15.8 billion per year...
For real estate resources, help and support services in acquiring or selling properties in New Jersey, Visit my web site: LawrenceYerkes.com
and visit Besthomes-NJ.com to shop for the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Lawrence Yerkes. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 21 2007 11:34PMHow To Obtain a New Jersey Motorcycle, Motorboat or Jet Ski License
Here are links that will point you in the right direction for completing the property forms, safety training and finding testing locations:
How to Obtain A New Jersey Motorcycle License - the official NJ web site providing step-by-step instructions and information (including motorcycle manuals) on how to obtain a permit and/or New Jersey license for operating a motorcycle. (See also: Enjoying New Jersey On A Motorcycle)
DMV.ORG: How To Apply For A New Jersey Motorcycle License
How to Obtain a New Jersey Motorboat or Jet Ski License - official NJ web site providing step-by-step instructions and information (including manuals) on how to obtain a New Jersey license for operating a motorboat or jet ski.
Click here for more motorcycle related blog articles.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 15 2007 11:18PMResidential Market Report: Gloucester County - YTD September 2007
Note: This market report is based on information from TReND for the period 1/1 through 9/13 for 2007 and 2006. (All calculations are approximate and rounded up.)
Market Report - Gloucester County - Residential Home Sales
Year-to-Date Residential Home Sales Under $300's
2007: 2366 88.5% of prior year 1825 (77% of total sold) (216 rentals)
2006: 2674 94.0% of prior year 2093 (78% of total sold) (190 rentals)
2005: 2846 2348 (83% of total sold) (153 rentals)
From the data we see that the statistics support anecdotal reports of slowing of sales compared to last year, while homes available for sale have increased in proportion to homes sold. The percentage drop of over 11% from last year (and 5% from 2005 to last year) for homes currently sold to date tends to be higher in the areas that have more homes in the higher price ranges.
The proportion of Homes under $300K remained almost the same over last year, which is lower than in 2005.
Surprisingly, median sold prices have increased from $215,000 to $225,000 (the average sold price has continued to increase to $249,800), while pending median home prices are $229,900. The median Days On Market (DOM) increased from 41 to 56, with the average DOM going from 72 to 79. The percentage of actual price to asking price decreased from 97% to 95%. The market therefore appears to be adjusting to more historical sales cycle norms.
Personal experience provides observation of homes that are properly priced and staged for showing still selling well, though taking longer than during the recent sellers market.
An interesting trend is the gradual increase of residential rentals over prior years. More analysis needs to be conducted to see if this increase is a result of people renting their homes instead of selling while they wait for the market to swing back, or perhaps more investors "coming on line" with their rental property investments, or some combination of both.
Click here for previous market related articles providing local and national market statistics and resources.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 15 2007 10:49PMMedford Lakes: Community Yard Sale Weekend - September 29th and 30th
Medford Lakes will be hosting their 7th annual 2-day Community Yard Sale on the last weekend in September (Saturday, September 29th and Sunday, September 30th). The times each day will be from 8:30 am until 1:00 pm.
This is a great opportunity for getting some great buys on furniture, clothing, toys, crafts, tools, exercise and electronic equipment and more. We have regularly found great bargains on some very high quality, often almost new items.
There will be a list (catalog) available of participating homes during the Community Yard Sale event.
For residents of Medford Lakes, check your Colony Club news or contact the Colony Club for details. Whether you are participating with a yard sale at your home or shopping for bargains at neighboring homes, you will not want to miss out.
If you're not a resident, this is your opportunity to come and enjoy a fun time out shopping for great bargains on every kind of item imaginable.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 15 2007 08:52AMEnjoy "A Taste of Medford" this Saturday (September 15)
NOTE: EVENT IS TAKING PLACE RAIN OR SHINE!!!! COME ON OUT AND ENJOY A GREAT TIME!
The Medford Business Association is presenting their annual "A Taste of Medford" event, to be held in Medford's Freedom Park (at Jones Road and Old Marlton Pike), on September 15 from 12 to 3 p.m. Enjoy fun, music, family rides, games and crafts as you sample and enjoy delicious food and deserts from 16 of our local area restaurants as well as showcasing local businesses.
For more information, contact the Medford Business web site. Tickets are $15 for adult and $5 for children at the door. Advance discount tickets are available from the Medford Recreation Dept. at Cranberry Hall (phone: 609-654-2512). There is plenty of parking.
For those attending, stop by our RE/MAX Suburban booth for some free handouts and say "Hi!".
From past experience, we know that you will enjoy this time of great food and entertainment!
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 14 2007 10:55AMResidential Market Report: Camden County - YTD September 2007
Note: This market report is based on information from TReND for the period 1/1 through 9/13 for 2007 and 2006. (All calculations are approximate and rounded up.)
Market Report - Camden County - Residential Home Sales
Year-to-Date Residential Home Sales Under $300's
2007: 4386 89.9% of prior year 3623 (83% of total sold) (456 rentals)
2006: 4879 85.9% of prior year 4060 (83% of total sold) (360 rentals)
2005: 5678 4847 (85% of total sold) (334 rentals)
From the data we see that the statistics support anecdotal reports of slowing of sales compared to last year, while homes available for sale have increased in proportion to homes sold. The percentage drop of over 10% from last year (and over 14% from 2005 to last year) for homes currently sold to date tends to be higher in the areas that have more homes in the higher price ranges.
The proportion of Homes under $300K remained approximately the same over last year, which is lower than in 2005.
Surprisingly, median sold prices have increased from $195,000 to $198,000 (average price also continued to increase to $223,900), while the median Days On Market (DOM) increased from 37 to 51, with the average DOM going from 69 to 75. The percentage of actual price to asking price decreased from 96.3% to 94.8%. The market therefore appears to be adjusting to more historical sales cycle norms.
Personal experience provides observation of homes that are properly priced and staged for showing still selling well, though taking longer than during the recent sellers market.
An interesting trend is the increase of residential rentals over prior years. More analysis needs to be conducted to see if this increase is a result of people renting their homes instead of selling while they wait for the market to swing back, or perhaps more investors "coming on line" with their rental property investments, or some combination of both.
Click here for previous market related articles providing local and national market statistics and resources.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 14 2007 09:57AMResidential Market Report: Burlington County - YTD September 2007
Note: This market report is based on information from TReND for the period 1/1 through 9/13 for 2007 and 2006. (All calculations are approximate and rounded up.)
Market Report - Burlington County - Residential Home Sales
Year-to-Date Residential Home Sales Under $300's
2007: 3966 84.3% of prior year 2666 (67% of total sold) (498 rentals)
2006: 4704 86.7% of prior year 3163 (67% of total sold) (456 rentals)
2005: 5429 3842 (71% of total sold) (365 rentals)
From the data we see that the statistics support anecdotal reports of slowing of sales compared to last year, while homes available for sale have increased in proportion to homes sold. The percentage drop of over 15% from last year (and over 13% from 2005 to last year) for homes currently sold to date tends to be higher in the areas that have more homes in the higher price ranges.
The proportion of Homes under $300K remained the same over last year, which is lower than in 2005.
Median sold prices have held steady at $245,000 (the average sold price has continued to increase to $290,700), while pending median home prices are $249,000. The median Days On Market (DOM) increased from 41 to 60, with the average DOM going from 76 to 81. The percentage of actual price to asking price decreased from 97% to 95%. The market therefore appears to be adjusting to more historical sales cycle norms.
Personal experience provides observation of homes that are properly priced and staged for showing still selling well, though taking longer than during the recent sellers market.
An interesting trend is the gradual increase of residential rentals over prior years. More analysis needs to be conducted to see if this increase is a result of people renting their homes instead of selling while they wait for the market to swing back, or perhaps more investors "coming on line" with their rental property investments, or some combination of both.
Click here for previous market related articles providing local and national market statistics and resources.
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
0 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 13 2007 09:37AMEnjoying New Jersey On A Motorcycle
If you enjoy motorcycling in the company of other motorcyclists, then there are numerous motorcycle clubs and events for which you can take part (New Jersey Motorcycle Events, more NJ Motorcycle Events, and even more NJ Motorcycle Events).
If you're into antique motorcycles, then you'll want to check out New Jersey chapter of the Antique Motorcycle Club of America.
My personal favorite thing to do in New Jersey on a motorcycle (and also in my Jeep) is taking a trip to the Wharton State forest and Batso Village area.
Click here for more motorcycle related blog articles.
More New Jersey resources:
Historical Villages in New Jersey
The Pinelands, or Pine Barrens, of New Jersey
New Jersey Parks and Outdoor Recreation
How To Obtain a New Jersey Motorcycle, Motorboat or Jet Ski License
Motorcycle maintenance resources:
Zen and The Art of Motorcycle Maintenance
Motorcycles 101 - if you're new to motorcycles, or just looking for some reference material, you've come to the right place. You can find news, information and tips on subjects like Riding on Slippery Surfaces, or find out How To Plan a Great Motorcycle Trip. You can also find reviews of some of the most popular bikes.
Motorcycle Transport and other Tech Tips
Visit my web site for real estate services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Lawrence Yerkes. All Rights Reserved.
2 comments • Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services • September 10 2007 10:53PMContent © 2009 'Frequent Contributors'. Design © 2009 ActiveRain Corp.
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